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Messages - Rubel007

Pages: [1] 2 3 ... 72
1
Bitcoin Forum / Re: Halving - Do you still believe in the previous pattern?
« on: Today at 04:41:08 PM »
Halving plays a big role in Bitcoin price growth but I don't worry too much about Bitcoin halving because I know trading business is all about sentiment. Some will buy and some will sell. But it is difficult to determine exactly when the right time to buy and sell will come. I focus on holding not trading. For which I have no worries about Halving. However, Halving proceeds according to the pattern of previous Halving. As each halving decreases the supply and increases the price of Bitcoins, holders will surely get a good reward after a certain period of time.

2
Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: Today at 12:30:40 PM »
Quote from: Aanuoluwatofunmi on May 07, 2024, 08:35:23 PM
People are really going  for bitcoin than gold because of many reasons whereby they see its more safe and affordable to invest on than gold, when we consider the aspect that gold is being centralized whereas bitcoin is not, you will also need a large amount of money before you invest on gold unlike bitcoin, whereby as little as possible amount of money can be use to start an investment in it.
Bitcoin is digital gold to the new generation. People who once invested in Bitcoin will never be encouraged to invest in Gold. A Bitcoin holder carries his wealth with him wherever he goes around the world. He can take advantage of his wealth whenever he wants but Gold has no such advantage. After holding for a long time gold price increase but that is not enough. It cannot even protect against inflation. Considering these factors, Bitcoin is the only best choice.

3
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: Today at 12:21:01 PM »
Quote from: Uruhara on May 05, 2024, 02:30:25 PM
Quote from: Mr. Magkaisa on May 05, 2024, 09:52:24 AM
       -     I watched someone on YouTube, and he said that he agrees with this bull run and that it is possible to reach 9000$-9500 anv per price of ETH in the market. There is another pulsechain that is also good to hold long-term.

So maybe I should start saving Ethereum now because it's really potential. Hedera is also good, plus bonk, including Pepe Coin, BnB, or something else.
Achieving this price may still be very possible. But one thing I understand about ETH is that transaction fees on the network always increase when the price of Eth rises. So I assume this altcoin is indeed one of the altcoin kings, but the price may not exceed the price you mentioned. But achieving the price you mentioned is still possible.

I'm currently more focused on new altcoins. And currently $ZK is getting my attention after I saw my friend start accumulating this altcoin.
With the amount of new coins being added to the market every day, it can be very difficult to know which new coins we should trust and which ones we shouldn't. Out of all the new coins being added, only a small number of coins get listed on good exchanges and most of the coins suffer from a crisis of existence after a few days. However, there are many coins that are being added to the top exchange platforms that are giving good returns to investors. New coins always carry more risk than old ones so investors should be cautious. If you can afford to take risks then investing will be profitable.

4
Cryptocurrency discussions / Re: Countries With The Highest Rates Of Crypto Ownership (Poll)
« on: Today at 12:09:27 PM »
Quote from: Peter90 on May 09, 2024, 09:44:06 AM
This graphic ranks the top 10 countries by their rate of cryptocurrency ownership, which is the percentage of the population that owns crypto.
These figures come from crypto payment gateway, Triple-A, and are as of 2023.




The UAE Takes the Top Spot

The United Arab Emirates (UAE) boasts the highest rates of crypto ownership globally. The country’s government is considered to be very crypto friendly, as described in Henley & Partners’ Crypto Wealth Report 2023:
In the UAE, the Financial Services Regulatory Authority (FSRA-ADGM) was the first to provide rules and regulations regarding cryptocurrency purchasing and selling.
The Emirates are generally very open to new technologies and have proposed zero taxes for crypto owners and businesses.
UAE will lead the crypto space and they are quite enthusiast of crypto. They are providing maximum facility to use crypto currency for all foreign nationals of that country. UAE is an open door for those who want to build their career in crypto. Moreover, the country's government has also announced that they want to see the country as a hub for crypto. Whatever percentage of crypto usage they currently have, I'm sure they'll be able to make a big change in that position in the next few years.

5
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: Today at 04:50:25 AM »
Quote from: Vx1 on May 10, 2024, 07:45:22 AM
Quote from: Daiana on April 23, 2024, 07:32:23 PM
How many of us use aliases in the crypto world? It's fascinating how biases related to sex, age, skin color, or body type seem irrelevant here—it's purely about your ideas and actions. I was on a call the other day, the presenter used a voice changer and there was no video. It felt freeing to engage purely based on the exchange of thoughts.

However, this anonymity has its downsides, it's easy to get scammed. Additionally, there are legal concerns, especially regarding taxation. Some countries are even reducing anonymity to prevent tax evasion. What do you think is a good balance between maintaining privacy and reducing potential misuse in the crypto space?
In the real world, I think that anonymity cannot be used properly, but in the crypto world, which is actually the virtual world, the digital world, I think this is not a problem. 
Regarding fraud and violations of the law, starting from ourselves we must be aware that the crypto world is indeed vulnerable to these things. 
So we have to be extra careful, because if we lose here we won't be able to complain to anyone and recover our lost assets.
Being anonymous has some pros and cons. However, the rise of the crypto world is primarily due to anonymity, but recent human misconduct has made governments concerned about anonymity. As a financial libertarian, I would certainly support anonymity in the crypto space, but anonymity has become very difficult these days. Various crypto platforms are hindering their anonymity by implementing KYC. Anonymity is certainly good for an honest person but anonymity for those who want to abuse means that they increase the limits of their crime.

6
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 10, 2024, 08:39:17 PM »
Quote from: Unbunplease on April 26, 2024, 10:48:25 PM
There should be equality in gambling - both women and men should have equal access to losing their savings. Moreover, everyone has a chance for luck, regardless of gender. Therefore, no one should be forbidden to do anything
If women have equal rights in everything then why not in gambling. The number of women in online gambling is increasing and they are contributing to almost everything. I think it is not appropriate to raise such questions now. A woman does what a man does. So as their duty is equal in every place, so they have the same position as men in every place.

7
Gambling discussion / Re: In your all-time gambling activity, do you end up with a profit or a loss?
« on: May 10, 2024, 08:35:06 PM »
I think in long term gambling a gambler never wins. Only the house wins there. The gambler can only get ordinary pleasure by spending his money. But knowing this fact we like to consider gambling as part of the income which is one of the reasons for our loss. If we can gamble without the lure of gambling money, our loss can be greatly reduced. Happiness should be valued more than money. I have no idea how much I have lost in gambling because the rate is so high. I consider gambling a source of pleasure, not money. Money just intensify my excitement.

8
Gambling discussion / Re: Do You Think Responsible Gambling Should Be Taught In School?
« on: May 10, 2024, 08:25:50 PM »
One can certainly appreciate if gambling is taught in places where gambling is legal. By teaching responsible gambling, I suggest teaching not about gambling but about how to control oneself in gambling. If gambling addicts are taught what changes in a person and how we can get rid of addiction, then the loss of others through this industry would be reduced. What can a gambler be like before and after gambling? In what ways can a gambler suffer? If all these things can be achieved by a gambler in advance then responsible gambling can be much easier for him. Various types of misdeeds would be reduced in the society. If boys and girls of a certain age were taught about this, there would certainly be good results.

9
Cryptocurrency discussions / Re: How can I choose which cryptocurrency to invest in?
« on: May 08, 2024, 02:15:22 PM »
Quote from: yohananaomi on April 30, 2024, 01:55:15 AM
Quote from: emmybd on April 28, 2024, 06:27:13 AM
Quote from: noahlucas on March 31, 2023, 11:24:17 AM
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
The simple way to do is  check top 10 in coinmarketcap. These coins would be safer for investment compared to others. One can also research on his own on various coins before going for investment. But be careful in investing new coins.
There are those who really want to analyze first before making their choice, but if there are those who don't want to analyze, they can and there are facilities at CMC for only the best ranking to be selected, especially those with potential. Ultimately, it's up to us to decide where we want to place our funds, but I agree with not prioritizing new coins because they haven't been tested compared to existing potential coins.
I also don't give much priority to new coins because new coins are likely to dump as quickly as they pump. Moreover, all coins that have been in the market for a long time must be fundamentally strong. Investing in those projects can reduce an investor's risk of losing his assets. I recommend investing in top coins by coin market cap and I invest in those coins myself. But investing in new coins is risky if one can invest with risk then there is also have the possibility for profit.

10
Cryptocurrency discussions / Re: Is there still going to be a bull run?
« on: May 08, 2024, 01:20:54 PM »
Quote from: Dr.Bitcoin_Strange on May 06, 2024, 07:15:07 PM
Quote from: debra on May 02, 2024, 11:58:14 PM
Quote from: Vx1 on May 01, 2024, 04:12:55 PM
Currently we have just entered the second quarter of 2024, the Bitcoin halving has also just occurred. Of course, the potential for a bull run is still very much there and is eagerly awaited by all cryptocurrency players, be they investors or crypto traders. 
If we currently see Bitcoin and Altcoin prices in the market going down, then we should enter the market and buy more coins to add to our portfolio.
Agree, we are still in the beginning of 2024, Q2 of 2024. So, we don't feel too afraid about the bullrun season. Since the halving of Bitcoin just happened few weeks ago, we must be patient to wait for the increase of Bitcoin price. If the prices of Bitcoin and altcoins are dropping now, it is because the hype is over. In this time, we must try to feel calm and don't need to feel frustrated.
The Bull run will eventually happen, it is believed that the market is currently in a recuperation period. The market is believed to have a particular time that it needs to reset in order to gain more momentum and prepare for the next bull run. Honestly, I really don't know how authentic this information is, but I heard it from a reliable source, and there's actually sense in it. So if that's true, then the current market state should be considered the recuperation period to prepare the market for its next bull run.
We all make predictions but nothing is certain even if many things happen according to the prediction but not all will be happen. Many of us thought that the market might continue to be bullish after the halving but the market is holding the opposite position. However, Bitcoin's history we didn't see bullish movement after the halving. It takes more time form the halving. According to that direction may be the case. By the current market condition, I believe that the market will be bullish but it will definitely take time. When all buyers' sentiments will reach the same level, the market will be bullish. A bull market has started but the market is not yet fully bullish.

11
Cryptocurrency Trading / Re: Is there someone successful on day trading with crypto?
« on: May 08, 2024, 09:50:04 AM »
Quote from: enwi on April 23, 2024, 10:34:30 AM
Quote from: Baofeng on April 12, 2024, 02:39:55 AM
Yes, it's really very hard, I also did daily trading way back even before the pandemic, and it's like a see-saw for me. It's really unpredictable to make profits daily and even if you have a target almost 90% of the time I won't hit that profit margin.

So I just dump this whole idea and just focuses on more of a HODLer and doing DCA 2020 and moving forward. And it's not for everyone, I believed. Maybe I don't have the skills and the patience to remain in this game.
No one can guarantee profits for coin price movements, it's not easy to predict, but what makes it easier for me is that I won't enter the market when the price is still high, I will enter the market and buy coins when there is bad news that makes the coin price go down and will sell it when the price goes up.
A day trader is also known as a short term trader. A day trader must be more experienced than a typical or long term trader to make profit. He has to buy assets at a small margin and make profit by reselling those assets. When the market is bullish then any trader can easily make profit in the market but it is very difficult to gain profit by day trading during bearish time. Those who are day traders usually keep updates of the market. They do not underestimate any small event because the market depends on the financial, commercial or legal issues of the world leading countries world. Traders who make a profit from day trading must have more knowledge about the market.

12
Gambling discussion / Re: In gambling what is the importance of mental support?
« on: May 08, 2024, 09:32:53 AM »
Quote from: DragonF on May 07, 2024, 10:48:06 PM
Quote from: Rubel007 on April 30, 2024, 02:33:50 AM
The reason I say this is because when I am not mentally prepared, if I engage in gambling, I loss the bet.

No doubt, mental support is important in gambling as it aids concentration but the truth remains that you can't win all the time even with full concentration (mental support). The reason for this is simple, there are factors which decides the outcome of a game that can never be foreseen even with mental support.

An irony of the game is that someone can lose with mental support whereas another individual who predicted haphazardly might win.
Experience, skill as well as luck all are are important in gambling. Sometimes experience or skill is useful and sometimes luck is needed but if a gambler does not give mental support i.e. he is gambling but his mind is elsewhere or he is gambling but he does not have much interest there. I have mainly emphasized here the situations where one has to provide mental support in addition to all those things. Otherwise he cannot be satisfied there even if he gets a gambling win. Moreover, he will not find the joy in gambling.

13
Cryptocurrency discussions / Re: Old coin or new coin which will be better? 2024
« on: May 08, 2024, 06:24:55 AM »
Quote from: bitterguy28 on May 07, 2024, 08:31:19 AM
Quote from: rizqillah on April 23, 2024, 05:27:19 PM
Quote from: JISAN on April 23, 2024, 03:51:07 PM

Yes, investing in all new and old coins is very risky, only top coins like BTC, eth, bnb, sol are more risky to invest in other coins, so it requires a lot of research. New coins pump a lot more in the first hype so the profits are much higher this time.  However, older coins don't pump as fast, but they are slightly less risky than newer coins because newer coins tend to be more scams. so one can invest in any coin if one can afford to accept these risks.
Agree with you, investors can invest in any coins, both old coins and new coins, where they must understand the risks and be brave enough to take those risks. New coins are more risky but also have a big chance of profit, we have to really do research and have good analysis. If you want to be safe, you should invest in old coins
right , new con are really risky as the chance of being scam are there but we cannot deny the fact that comparing to other old coins? new coins has the potential of bringing huge return if you can get the right timing of entering and releasing ,so in the end it is on our hand to what will be our faith in this investment world.
One of the main reasons why investors are more interested in new coins than old ones is because of the possibility of making large profit. But the amount of risk is also high. Typically newer coins have higher buying pressure due to which timely investment in those coins can lead to higher returns. But new coins can also fall quickly. New coins are usually a trap for scammers and have both high returns and high risks.

14
Gambling discussion / Re: Whats your experience with gambling?
« on: May 05, 2024, 10:24:46 PM »
Quote from: LUCKMCFLY on May 04, 2024, 08:24:11 AM
Quote from: Dr.Bitcoin_Strange on May 04, 2024, 12:11:16 AM
Quote from: luckyledger on May 02, 2024, 05:32:17 PM
Quote from: vegasus on May 01, 2024, 10:10:06 PM
I'm not sure if it is bad or not. But it was because I didn't understand what I was doing that the beginning of gambling turned out to be very bad. ha ha ha'
This was a very unsuccessful attempt at that time, so it made me pause for a moment to at least understand what I was playing.

That's not easy enough. Because indeed a lot of gambling is influenced by luck. And I thought, my luck isn't that good. Yes, even though sometimes it is a win, it seems like there are more losses. Because of that, I don't accept gambling because I really realize that it's not easy and the risks are actually very high.

you had a really good start with gambling :D I understand how it feels when luck isn't always on your side. Wins can be exciting but the losses definitely sting a bit more. It's super important to recognize that balance just like you have.
Usually luck can never always be on a gambler's side, because the odds are always stacked up against them. No matter how good you may think you are, it's always crucial to acknowledge the fact that the possibility of winning will always be beaten by that of losing, so one should always apply extreme caution while approaching gambling to avoid sudden losses.

I think the same, I believe that many players who are very lucky in the game boast of saying that they will always have good luck, and well, I hope that's the case but at the moment if that doesn't happen the blow will be very strong and that will be something that they won't be able to resist for long, because generally the players that happen to them always fall into desperation and want to win what they lost, so that is not a good sign, because all the time they want to win and win, and that can take them to spend a lot of money and it will mean that they can always continue losing, and when they see less money, things don't turn out well, and they can also be on the direct path to an Addiction.
I meet with a gambler a few days ago who boasted about his bets. The idea that he will win drives him to his place of pride. But the reality is that luck is an important factor in gambling. If luck is with you then there is no problem to win but if bad a gambler loses everything in a short period of time. The gambler I was talking about lost everything on a subsequent bet. What I take from my experience is that I will have a higher probability of losing on each bet and consider beforehand what I will do if there is a loss. I'm not guaranteed to win at Gambling so I should manage my gambling within a limit as much as possible.

15
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 05, 2024, 10:14:13 PM »
Quote from: Mr. Allcrypto on March 16, 2024, 09:04:43 PM
Someone told me once that gambling is not a lady's thing, and I asked him why and he said it doesn't look proper. Up till date I still don't see reasons for his reply.
My question is, is gambling for only men?
When I asked another friend of mine, he told me that just as cooking in the house is feminine, gambling is for only men too.
For me I think gambling is for fun so it is a general something and it doesn't matter the gender that is doing it .
Shear your ideas about this, let's see what carries the major point in this case...
In the developed world both men and women work and both are financially prosperous. However, women do not dominate in underdeveloped or male-dominated countries. There the girls are busy doing housework only. A man doesn't get as many benefits for gambling as a woman does. Where financial work is done by men, they are free to spend money. Gambling is easy for them. But it is not so easy for a woman. Because he has to depend on others.

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