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Messages - milewilda

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346
Cryptocurrency discussions / Re: Crypto is truly valuable to our lives
« on: February 09, 2024, 03:56:20 PM »
I only invest in bitcoin because of the great potential that it has. It is decentralized and can be used as a currency and also a commodity. I have made good profit from bitcoin, and I am still expecting more profits from my bitcoin investment in the next bull run. Why I choose bitcoin is because it can make a poor man become rich in future, if he can consistently buy weekly or monthly through DCA strategy and build his bitcoin portfolio. From the past history of bitcoin, we have seen that the price increases with time line and it is one of the best asset currently that gives higher profit compared to the already existing one. I only use USDT once in a while but majority of my funds is in bitcoin because it serves as an hedge against inflation.
When it comes to investment then we do really have our own reasons and perceptions towards it. When it comes to decisions and its outcome then it would really be that different
basing on the actions you had made on. Crypto could really be a life saver and at the same time you would really be also you do make up yourself wrecked up which it would really be that depending on what you should gonna do. This is why it would really be that best that you should really know on what to do and on what to avoid.
You would really be able to make your life that progressive if you do really know on what you are doing but of course this isnt something that you could
really be able to easily deal with.

347
You guys might be thinking that this is just a demo, so why worry? And my reply is that there is a need to worry because you can actually use the demo account to learn how to master and control your emotions and how to listen to your inner voice when it speaks to you to stop. You will also learn how not to get greedy, but you can achieve those characters if you actually handle your demo balance as if it's already your main balance (your real money).
The thing with Demo account is that, no matter how much you try to treat it as your main asset, you can't. It simply does not hold the emotions that you will have with actual assets. That's the reason it is important to use actual money to learn trading. The small amount that you can afford to lose. That should be enough to push your emotions to stay in check. You won't be having the thoughts of making $1000 to $1500 in a day with actual money. Slow, small but in the end, the profits are the only thing that matters.

Don't get me wrong because profit and loss are part of the trading process but our goal is making profits without making a huge loss. So keeping that as a priority, we should take it slow until we master it. For that reason using the main account is the best way to do so.
One of the main issues that you would really be able to experience when you do make demo is that there's no way that you could really be able to assume that those amounts or capital is real.
Your mind cant just do such thing and even if you do pretend then there's no way that you could really be able to make it the same. Your mind would be telling you that it is really just that a fake amount or money that could be used.Therefore, you would really be having that kind of confidence and wont really be that doing well with your trades since you do know that you cant lose something and this is why you wont really be doing your very best when it comes to the trades that you are doing just because you do know that there's no risks involved.
As for taking profits then it should really be just that standard or in default but since human beings are greedy then these mistakes were common.

348
So lets just focus on Monero alone.

Monero (XMR) slumped about 30% Tuesday to a 20-month low after crypto exchange Binance said it will stop listing the privacy token as of Feb. 20.
Source: https://www.coindesk.com/markets/2024/02/06/binance-to-delist-monero-privacy-token-xmr-slides/

Im not really that shocked and im already anticipating that one day these platforms would be delisting those privacy coins or something
that couldnt be traced on. Government do hate them so much, so expect it would be having that continous domino effect.

349
There is people who only come to bitcoin investment with the mindset to instantly double their money within the period of change in bitcoin without knowing what the price of bitcoin could turned out to be within next moment. So before discussing with anyone about bitcoin or to invest in bitcoin carefully pass the knowledge about the volatility level before they could finally take their decisions to investment in bitcoin or any other cryptocurrency because whatever that happens to the person's fund you could held responsible for misleading them to invest in cryptocurrency that leads to their lost.
Its a wise thinking
Its a wise move
Its a wise behavior

On the time that you had stepped your foot into this market then you should really be making out those kind of realizations on which it is really that something that you would
be having in mind so that you wont really be ending up with those kind of wishful thinking about making money on this market is easy. Once that reality would slap into your face
then this is where you would really be making out such learning. Accepting the risks is really that recommended as always because once you do have these kind of realizations
then you would really be finding yourself to be that have that kind of careful on making on decisions on which or this is why you would be making up yourself
do things which are realistic and not being impulsive.

350
People have predicted and I have also predicted the cryptocurrency market price but I have not gotten the real or the accurate market price. The price is unpredictable even this average bull market price which running from year October was a surprised to most of us. In cryptocurrency market prediction everyone predict their own way. Now as it is some are saying that in the month of April, the halving will kick start and from the month of October then the bull market will show face. Let's wait and see.
For those who do have that last bull run experience then for sure we do already have that kind of idea on how this market would really be looks like on which we are already expecting  that there would really be a bull run after that halving event with bitcoin but of course it would really be still taking some several months before it would really be making out such movement and there are
ones who wouldnt really be able to avoid out on not to be optimistic towards the price because they've seen that those increase into that particular period. Well, its not really that bad to be optimistic but at least you should really be that at least realistic so that you wont really be finding out yourself that getting disappointed on the time that you wouldnt be able to see the price that had set into your mind. This is what people would really be commonly be feeling on on the time that those expectations havent met. Just go with the flow and expect those things which are unexpected.

351
Cryptocurrency Trading / Re: Just HODL
« on: February 06, 2024, 02:47:18 PM »
HODL is a good investment strategy for holders who don't want the hassle of trading Bitcoin, because they only need to hold Bitcoin and wait until they get a profit. This is like a long-term investment, where holders only need to set a time period for how long they want to hold and be consistent in holding the Bitcoin they own. The difficulty in HODL is that holders need to fight the urge to sell when the market is in a bearish or bullish position, but if they are used to being a HODLER, this will no longer be difficult for them.

Investing always need  good experience to manage our assets. Hold is the best way to do, but As we know Hold needs free money for long term.
Many investors do trading and hold because they also need to earn profit besides hold for long term. Although hold is no risky, But we should choose good coin. I suggest you to hold bitcoin, not other
Money that is not for any needs must be really considered in holding the long term, for me it is a must. because if we use money that will be used in the near future then it is very risky and I do not recommend it.

Therefore, careful planning must be the initial basis for us to start investing in bitcoin, lest we have to sell in the middle of the road because of something we did not prepare before.

We can do DCA for that by setting aside what percentage of our income each month.
Invest on what you can afford to lose as always on which it would really be always the recommended thing but there are really still those people who do really misses out that basic principle on investing specially into this cryptocurrency market on which we know that when it comes to volatility or total randomness then there's no way that you could really be able to tell
on what would be the future looks like. This is why on the time that you have decided on touching up your feet into this why it would be always best that you should be wary
about the risks.

Going back into the topic on where that HODL firstly been mentioned and turned out to be the main term that been used on crypto space on which it is really just that hold but having
that interchanged those letters but well, as long the community have those recognition then it would really be possibly remain forever or as long this
market exist.

352
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.
Yes, it totally depends on ourselves to invest in new projects or not. It is not a really bad idea to try luck on the new projects but we must make sure to use small funds. Most funds must be put on the secure coins for investment, it can be Bitcoin or Ethereum. New projects is very clear high risks, we can't rely on them to have secure investment.

You have a good mentality if you are brave to invest in new projects. But you don't choose new projects carelessly. You must do analysis to choose most potential new projects.
When it comes to those options above then i do see that gambling is something that should be separated if you do really mean into yourself on trying out to have a progressive life when it comes to financial state on which we know that gambling could be fucked you up on the time that you would really be having that kind of constant losses on which we know that it is really that highly probable that it could really happen. This is why it would really be important that it should really be separated because investment and gambling is different.
Save and invest if you are really that maindful about your future and gambling if you do seek for leisure which it is really just that simple as that.

353
I don't expect any experience bitcoiner to be asking this kind of question that using an exchange or a personal wallet, which is more safe, the right answer to this is in this common slogan of not your keys not your coins, exchanges are like banks, they are in control of your asset including the private keys, this means that of anything happens, your money is gone and cannot be retrieved back from them, but when you're using a non custodial wallet, you are in charge.

We should choose reputable exchange, I never hear binance has problem about this.
So I think exchange wallet also safer, if we choose reputable exchange. Personal wallet is always good for it.  Which is better ? I think personal wallet is better and safer
Nope, i wont really be that still fully confident even if we do speak about those top exchanges like Binance on which no matter how reputable it would be, as long you dont possess your wallet keys then its never been that considered to be safe. We do know that exchangers could neither have those kind of potential problems like hacking incident or having those regulation issues
on which it would be causing for you funds to be locked up or be stolen or whatever it would be and this is something that we dont like to happen.

If you are dealing up with trading then it would be wise that you should really be only putting up only the amount you are really that willing to risk out.
Its always best that you should be storing your coins in a wallet on which you do posess its keys.

354
Cryptocurrency Price Speculations / Re: Will bitcoin be worth 1M in 2030?
« on: February 05, 2024, 08:22:39 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
Easy to say but it wont really be that too easy to achieve. Why? There would really be those main factors needed.

1. Recognition/Adoption
2. Demand
3. Institutional funds
4. Worldwide acceptance

Thing here is that you shouldnt really that make yourself that too optimistic so that the disappointment wont hurt you so bad on the time that it wont reach
out on the price that you had anticipated. We do know that the next bull run would be on somewhat playing on that point or year but we should be at least
realistic approach on potential price. $300k-500k might be a good point i should say but well everything is random. There's no way on knowing the future.

355
General Discussion / Re: What are the standards of a good location??
« on: February 05, 2024, 07:14:51 PM »
In today’s world where there are different types of insecurity around what do you think is the standard to consider while looking for a place to settle down with your family???
Better to live in the province mate as we all know when pandemic came the most affected places were cities. Other reason is that residential land is pretty cheap. And perks of living in the province are the fresh air you got there, food and cost of living is reasonable and sometimes food is free if you are smart.
The only issue here when you do tend to living into provinces is on having those lacking of those top notch services on which you could really be able to find into capital cities or big
ones on which not to look down into those services offered with those cities on provincial but we can really be able to note out those differences but the rest then it would really be just that fine.
I do agree into your point that better to live into this places if you do find out that it would really be something that your family could comfortable be able to settle in.
As long those issues mentioned above wont really be a problem on your part then it would really be just that fine.

356
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: February 05, 2024, 12:42:04 PM »
No bodies perfect, in gambling and trading everyone ever lost. But how to manage the lost and the profit. Professional trader will more profit than Lost. It's the reason why they still do trading. They have good experience and skill.
So true. Because even professional traders will occasionally make mistakes and experience losses. That is why we can still see many Future trading positions being liquidated in large amounts. They may be whales who are also pros, but they are still humans who can experience defeat. It's just that as a pro trader they become more disciplined and can manage risks well. Because they always learn from experience and they also have much more experience than us who are just ordinary traders.
No matter how skilled an angry trader is, there is a possibility of loss for a professional trader if he does not completely interfere with his trade or he cannot make any trades with confirmation. By professional traders we mean those traders who understand the market very well and who can analyze the market well and whose analysis is correct most of the time. However, although their analysis is correct, many times it is seen that they think of the market in one direction but the market goes in the opposite direction, as a result of which sometimes they also suffer big losses. It is very common in trading that traders lose money even when they are very experienced and skilled.
There's no such thing about being a perfect traders or doesnt have any loss because the market or even other market is always been that random and unpredictable. No matter how good your prediction is or analysis that you had made out. It wont really be giving out that 100% assurance that you would be profitable. No matter how veteran you are and how professional you are
there's no always a guarantee. The only differs here comparing into those newbie traders and with those pros is that the difference on how they do able to sustain for long term.
Professionals cant be called on that name if they arent that able to sustain. Yes, they have losing trades but their profitable trade numbers are way more higher than with those losses
on which it do still ends up on being that profitable in the end of the day.

357
Bitcoin Forum / Re: How would you feel if bitcoin returned to $5k?
« on: February 04, 2024, 10:46:14 PM »
My felling is
Buy
Buy
Buy
Buy
Buy
Hold hold hold
How about yours????
Could it really be?
Are you sure that you wont be having those doubts?
You dont have the fear on getting zero?

I dont think so, on which it would really be that hard for you to make out such decision on buying back on which fear on anxiety would really there on the time
you do see the price had dipped down into these levels. If Bitcoin did go back below into this price point the there's something wrong
and its not something that you could really be able to deal with up so easily. You would normally be that hesitating on the things specially
if you are really that trying to buybacks on which emotions would be your main enemy on this time.

358
Meme Coins / Re: Which memecoin has come through for you recently?
« on: February 04, 2024, 09:17:21 PM »
If you do try to hover yourself on SOLANA ecosystem and having those meme or shitcoins that launching on dex on every seconds or minutes then tons of them could easily
shoot up from 10-600x in a short span of time. It isnt really just that been known or really that making too much noise.

Just like on what i have made out some money on 100x on WIF and GME on which giving almost 100x in a matter of days. If we do speak about $SHIB
like coins then it isnt really that something easy that you could really be able to found on. Why? among all of the coins that been
available on the market excluding those who do launches up from time to time then there's no way for you to determine on which one.

359
Cryptocurrency Trading / Re: Fear or greed
« on: February 04, 2024, 09:11:10 PM »
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Greed, but actually both are really that dangerous. The only difference here is that when you are in fear then you wont really be taking any actions on which there's no way that you could really be able to make yourself that losing something just because you havent been able to take further step which is on unlike when you are on greedy situation on which you would really be making out such acts on which they arent supposed to be done on which if you do then this is where things turns out to be that shitty and this is why i could say that GREED is much more dangerous
because chances or odds that you would be losing more money is there. Somewhat there are some pros too when you are on greed on which you dont easily give up but
we know that everything isnt done on controlled manner would be ending always up on disaster.

360
Bitcoin Forum / Re: Future of Bitcoin
« on: February 04, 2024, 08:08:46 PM »
Some say that the good old days of Bitcoin are only the past. Some say Bitcoin can never be propelled to 68k ever again as the money is gone and never returned. Others say that when Bitcoin touched 3k in 2019, people also said that was the peak of Bitcoin. Many opinions about the most notable cryptocurrency recently have shown that, whether Bitcoin price rises or falls, it's still a hot topic for everyone to discuss and the future of Bitcoin remains a mystery. What about you, do you think Bitcoin has a bright future or not?
Recognition and adoption is on the move on which this is something that it is really whats happening after all the years that crypto currency market is really that existing. There's no way that it could be stopped and Bitcoin has been sitting around into the top ranks into those all years of existence on which does simply shows that the masses did really that trust up Bitcoin.
We've seen on how many times that it had been said to be dead or its over, but look at on where it is now? How did able to survive all of the years despite of those false image
and kind of treatment specially about on governments acts and views towards it? It did really just that prove out on how it do able to make up things accordingly.

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