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Messages - UNIVERSE

Pages: [1] 2 3 ... 124
1
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 28, 2024, 10:35:08 PM »
Seeing the high price of Bitcoin, we can make gradual purchases using the DCA method. I think many members here have done it. This is a good method, but in my opinion it would be more appropriate if you started doing it 2 years ago. Currently I am more focused on buying during corrections and selling during bullruns.
Whatever the price of Bitcoin, we always can use the DCA method in collecting Bitcoin. Sure, it should be done for a long time because it takes time to have good number of Bitcoin with the DCA method. We mostly buy Bitcoin with small number of Bitcoin if we use the DCA. Yes, ideally we already started using DCA since 2022 and we may continue it until now. If we do it, we probably have good number of Bitcoin as our assets now.

Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have.  Say did that, using money from trading.  The profits from trading I bought bitcoin using the DCA method.  Maybe many members here have done it.
DCA is a good method, but it doesn't guarantee earning huge profits. To make it be effective, we must understand well the cycle of bullish-bearish. So we can decide the right way in selling the Bitcoin, we must know how to determine the best time to exit (selling) the Bitcoin. If we can sell at the peak of the price, it will be effective.  ;)


2
Cryptocurrency Trading / Re: Don't be in a Rush
« on: May 28, 2024, 09:07:36 PM »
-    It's hard to read the movement in the market; if the veterans or experts are still mistaking their technical and fundamental analysis on the trading chart, how about people like me who are not like them yet? That's why the key to the safest things that other traders do is long-term and DCA most of the time.
What movement?  :-\
If you mean the trends on the market, it will always change.
However, we can predict the change by analyzing some factors. We can analyze chart patterns and current news/issues at least. By analyzing these factors, we can understand what probably will happen or what trends possibly comes in the near future. I think it is common knowledge that every investor/trader should have. Yes, most people mostly know them with the term of technical and fundamental analysis.

Regarding DCA, it is another matter. We know this is one of the strategies in collecting more coins in a long term investment. If we have no much funds, we can do DCA to gain our assets gradually. Many people use this strategy due to the effectiveness in gaining assets although having limited funds only.

Read below why it is good to use DCA:
- https://uncommoncentsinvesting.com/financial-planning/10-benefits-of-dollar-cost-averaging/


3
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 28, 2024, 03:33:22 PM »
Gambling is for leisure
Trading is for income/profit making
Gambling is a fun matter, people gamble mostly through the games.
Trading is a serious matter, people do trading for a profession/job. True, they get profits in trading.

With these two then you could already tell on whats their main difference on which of course when it comes to risk level then this is something that you would really be able to differentiate and of course you would really be needing up to make yourself that determine on how you should really be gonna dealing with it.
The risk level is so much different. Gambling is surely higher risk, it even mostly depends on the luck only. The chance of success is not so high in gambling. It is different with trading, the risk can be lower if we have good knowledge. So, the key is about our knowledge, it determines the success. Even if no guarantee 100% but people who have better knowledge in trading, they always have bigger chance to be successful.

It would really be that impossible that you cant really be able to make yoursel see those differences and on how you would be needing to act according into it.
If we have good knowledge, we can understand how to trade in a proper way. We can consider many things if we have good knowledge. Finally, it can lower the potential of losses. People who understand how trading works, probably have good chance to be successful. This never happens in gambling.  ;)


4
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: May 28, 2024, 10:11:06 AM »
Actually, I also see why there are still countries that prohibit crypto, even though in several countries the government has started to legalize crypto for investment. The government of the country that prohibits its citizens from investing in crypto should learn more and deepen their knowledge about crypto,
We have no ability to force all the countries to accept crypto. Sure, there are already many countries that legalize crypto because the governments know the potential of crypto for the future life. However, if there are few countries that still don't legalize crypto, they may have own consideration. In my country, our government only allows to use crypto as digital assets and it is prohibited to use for payment purposes. It is because only our local currency is allowed to use for the payment purposes in my country. Our government doesn't allow crypto for payment purposes because they follow our laws, it is not because our government has lack of knowledge. So, it is not about knowledge only but it is related to many factors.



Legality of crypto in each country around the world.



https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory


5
You don't need to have trading skills before you can become successful in your bitcoin investment if you tend to hodli for long.
Of course, to be successful in investment, it is not necessary to be skillful in trading.  :D
Moreover, if it is for a long term holding, we just need to be patient to wait for the bullish market. Mostly it needs to hold for 3-4 years, but it can be longer if the target is higher. Also, sometimes it is needed to update the information about Bitcoin and crypto as a whole.

It is easy to hodli if you are using the right amount to invest in bitcoin without over doing it. This is because people keep their savings in the bank for many years without touching it because they don't need it.
What do you mean by right amount?
Sure, we must invest with safe money. It won't be a big pressure, holding will be so worried if it uses safe money. It is also a lot of fun because it will earn profits.

This is why I am always baffled to hear that someone is investing in bitcoin for short-term and when he run at loss, he will be crying. Bitcoin investment is like every other invest or business that you set up or just started. You don't expect your new business or investment to give you a big profit that you should give to you in ten years time.
Nothing wrong if someone wants to invest in a short time. It can be for few months or a year, depending on the target and what the season is. In the current season, I think some people just hold for few months. If there is a huge pump, they may take profits immediately. People may not hold too long because they know there will be bearish season. In the bearish season, the price tends to drop again.



Here is the data of bullish season:



https://thedefiant.io/news/research-and-opinion/charting-history-s-rhyme-understanding-the-cyclicality-of-crypto-markets


6
Bump!!!

Izin Om moderator Indonesia. Karena thread Bounty Signature Berbayar Top Coin (BTC, USDT, ETH) sudah dilock. Saya share informasi tentang sigcamp paid Bitcoin di sini ya.

Untuk yang menjadi peserta sigcanture campaign Coinomize, ada perubahan sedikit untuk aturan post. Jarak waktu (time gap) antara 1 post dengan post berikutnya dirubah menjadi 30 10 menit. Jadi pastikan jarak antar postnya 30 10 menit mulai minggu ini. Selain itu ada limit jumlah post per harinya, sekarang maksimal post yang dihitung per hari hanya maksimal 6 post saja. Perubahan ini kemungkinan dikarenakan adanya laporan dari examplens mengenai burst-posting. Harap lebih teliti untuk teman-teman yang menjadi peserta.



Semoga informasi ini bermanfaat. Terima kasih  :)



Sumber informasi terkait:
- https://www.altcoinstalks.com/index.php?topic=313387.0
- https://www.altcoinstalks.com/index.php?topic=62493.msg1562184#msg1562184



Update : 30 menit dirubah menjadi 10 menit karena ada masukan dari beberapa member.


7
Biasanya yang menganjurkan membeli coin/token tertentu itu orang yang terlibat dalam project cryptocurrency-nya atau bisa juga influencer yang memiliki referal atau memiliki kepentingan dengan project tersebut.
Ada beberapa golongan yang kemungkinan menganjurkan untuk beli koin tertentu.
1. Developer/Tim
2. Campaigner
3. Ambassador
4. Army
5. Expert

Dari kelima golongan di atas, biasanya yang paling vokal itu Campaigner, Army dan Ambassadornya. Terutama Army ini, mereka sering bikin rame di channel-channel sosmed.

Bisa jadi tergiring opini dari banyak media yang diikuti, semisal banyak yang memberitakan tentang kenaikan harga Bitcoin yang beberapa waktu lalu naik cukup tajam dan mencapai ATH baru bahkan sebelum halving, sehingga tergiur 'ikut' masuk meskipun mungkin bukan diwaktu yang pas. Namun untuk Bitcoin, secara fundamental sudah terbilang kuat didukung komunitas, sementara coin-coin 'micin' jelas perlu kehati-hatian yang lebih ekstra terlebih jika komunitasnya belum begitu terbentuk.
Mereka yang mudah terpengaruh, biasanya orang-orang yang belum punya background di bidang investasi crypto. Mereka hanya fokus ke advantage atau profit yang berpotensi bisa diperoleh dari crypto. Mereka tidak berpikir tentang resikonya dan seperti apa cara untuk investasi yang benar. Orang-orang seperti ini tidak akan tau mana koin yang layak beli dan mana yang tidak. Makanya mereka masih juga banyak yang terjebak ke koin-koin crypto buatan artis Indonesia yang tidak jelas fundamentalnya.

Kalau terjebak investasi Bitcoin, masih mending. Cycle nya Bitcoin itu jelas, mereka kemungkinan juga akan lebih mudah mempelajarinya. Tapi yang sulit itu kalau terjebak di shitcoin atau random coin.


8
Bitcoin Forum / Re: Has the bear market started?
« on: May 27, 2024, 12:50:06 AM »
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
Not sure what you mean by market real character, but market will be always volatile. There is no way that Bitcoin will be always in a certain price, it should fluctuate. It ever dropped to $56k after it jumped to $73 few weeks ago, but it is true that Bitcoin can cross $70k again recently. Even if it dropped to $68k now, I also believe the price will keep growing. It will return above $70k again in the next few weeks.

And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
Bullish season already started few months ago. Even before the beginning of this year, we already saw an early sign of bullish season. Sure, the green market will start again when everything looks good. We have no more FUDs, we have good news now. I heard it is related to Ethereum ETF. Let's see how long the green market to last in this time.


9
Bitcoin Forum / Re: Trump Supporting Bitcoin, Crypto
« on: May 27, 2024, 12:40:08 AM »
Actually, we don't really know whether Trump really supports Bitcoin/crypto or he only wants to gain attention from the community of crypto industry. If he can get a support from people who love crypto, it should increase his chance to be elected as the next president of USA. And even he really supports crypto industry, his mind can be changed when he is already a president of USA. It is because of many things to be considered if he want to make a policy as a president of USA. So, it is difficult to trust Trump. However, Trump is better if Joe Biden is likely not supporting crypto. Not sure it is caused by Biden or not, but SEC becomes aggressive in the era of Joe Biden.


10
Basic Questions about Cryptos / Re: Invest or bounty?
« on: May 25, 2024, 11:58:48 PM »
Bounties are a good step to take to fill our free time by doing tasks, this is good if the bounty we participate in is really wort. but if it is just a scam project, we will definitely be disappointed because our time was wasted.
No one wants to join the bounty of scam projects. People usually know it as a scam project when the bounty is over already. Many new projects look very convincing when they are in the promotion period such as launching the bounty program. But when the promotion program is over, the project can disappear. People just realize it is scam, after the project is no longer active.

Yes, it just wastes time and effort to join the bounty of scam projects. We sometimes already do a research, but it is still difficult to determine the scam projects.


11
I also don't know whether they underestimated Atalanta or what, but I think Xabi would not be so stupid as to underestimate his opponent, especially since it was a final match which we know is very important for them.
If Xabi doesn't underestimate Atalanta, he won't play with a random person as a striker. He keeps their best strikers in the bench, it is very annoying for me. I know Xabi is not stupid, but it is a careless way if he didn't optimize the potential of the main striker in the final match. But sure, it already happended, Xabi must take a lesson from the match. I think it is okay to fail in this match, so they won't make the same mistake in the future.


12
There will be more people favoring Real Madrid because this team will not lose in theory.
But anything can happen in the final and I wouldn't underestimate Dortmund but I wouldn't bet on Dortmund even if the odds are very tempting because the win ratio is still low compared to Real Madrid.
Real Madrid can be superior in theory, but it doesn't guarantee anything. Dortmund isn't a weak team, Real Madrid must be more careful to prepare the strategy. Dortmund defense is quite strong, this is one of the key of their success in UCL this year. If Real Madrid players feel frustrated, they can be easier to beat with a counter-attack strategy. I hope Real Madrid players to do their best and they can keep good motivation in playing. However, I also still believe that Real Madrid can do it.


13
I congratulate Manchester United on winning the FA Cup trophy this season after they were able to beat Manchester City in the final round with a score of 1-2 through goals scored by Garnacho and Mainoo in the first half. They managed to maintain their lead so they won the championship title.
It is great that Man United could beat Man City in FA Cup final. At least, Man United can win 1 trophy in this season.
It is not an easy match, Man United only win it with 1 difference goal. If we look at the stats, Man City still dominated the match. Luckily, Man United can play more effective, they score 2 goals although having 11 shots only.

Actually I don't think they will win, because Manchester City is not an easy opponent for them. but it turns out they managed to beat Manchester City.
Man City is always the favorite to win every competition. But Man United knows how to steal trophy from them. Man United players can take the advantage that Man City players feel frustrated because they are difficult to score many goals. I noted that Man United defense to play better in this match.


14
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: May 25, 2024, 11:34:25 PM »
XRP, Dot, Pbr,  ltc i am holding and we know there are many Altcoin available in cryptocurrency market. If we collect proper Altcoin then we will be benefited there has no doubt.
I'm a bit surprised you are holding XRP and LTC. I think these altcoins aren't very popular anymore. LTC is an old altcoins that doesn't show a clear progress. Meanwhile XRP, this altcoin has a bad news previously, but they can solve it. However, it is difficult to understand and predict the potential of XRP in the future after the bad news. Honestly, I don't recommend to hold XRP, it is better to hold it for a short term holding.


15
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 25, 2024, 11:30:41 PM »
There are still many ancient coins that still survive today, and there are also many new coins that are starting to compete with the ancient coins. I consider top coins more, because I don't have much time to do research.
Of course, Bitcoin is one of the old coins that can survive until now.   :D
Sure, many old coins that can survive because they have a big role in crypto industry and they have good fundamentals. Commonly, the old coins that can survive well, they have strong fundamentals and always have development. Ethereum is the example of altcoins, this has been a long time in crypto market. Until now, it always continues to have a big role in crypto world. The project of Ethereum also showed the good progress.


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