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Messages - Jamal Aezaz

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Cryptocurrency discussions / Re: Safe practices to adhere to in the bull run

« on: April 27, 2024, 09:55:58 PM »

We have entered into the bull run but have not seen any huge price yet and also have not seen the effects of halving so the better strategy now is to increase your patience and continue your investment by adding more coins to it or continue your holding with already held coins.

The price of Bitcoin will surely touch the cost higher than 73k$ but the actual time is not easy to identify so this time one cannot do anything instead of waiting for the best therefore working with patience can only help you to continue your journey of success.

Cryptocurrency discussions / Re: Is technology really important for investment decisions?

« on: April 27, 2024, 09:04:39 PM »

Quote from: rizqillah on April 27, 2024, 04:11:30 PM

Coins that have projects that are useful for users such as ethereum, BNB, Solana, etc. will still exist and last a long time if the team always improves their projects. Meme coins are not a good choice for the long term, but they can provide quick profits in the short term if you buy them at the right time.

Yes these projects are beneficial and will remain beneficial if its demands remain higher and demand will sustain only if it is not much affected by bear season. Most of the people are considering Ethereum, BNB and Solana as appreciable coins and are old coins that do not become a reason of one's defeat.

Meme coins are profitable for the short term but for it you have to clear your mind that risk with it is also higher so don't skip its advantages due to risk but think that most of the people have gained profit from meme coins by using their active mind.

Cryptocurrency discussions / Re: Old coin or new coin which will be better? 2024

« on: April 27, 2024, 08:43:30 PM »

Quote from: rizqillah on April 27, 2024, 04:13:29 PM

New coins always rely on hype. If you want to make a quick profit, choose a new coin that is hyped and enter at the right time. but this is quite a big risk. It's best to choose old coins that have a clear reputation, this is safer and reduces the risk of loss

Every new coin does not rely on hype and some of them have strong fundamentals so they will give you huge success if held accurately. People often choose new coins due to quick profit but I think one should not focus on quick profit but they should choose beneficial coins as most of the people don't know when to sell and when to buy when new coins rely on hype.

There are many old and profitable coins but people desire to choose hyped coins and only experts can get advantage out of it while newbies lose their money due to their greed so prefer steady success instead of quick loss.

Cryptocurrency discussions / Re: Do you still believe in old coins?

« on: April 27, 2024, 08:19:15 PM »

Quote from: rizqillah on April 27, 2024, 04:15:35 PM

It's best to choose the top 10 coins, the majority of which are old and reliable coins. because the rank proves they are in the top position. There are also investors who invest with new coins because they want faster profits. I think everyone has their own considerations

Yes in order to minimise your losses you should choose top 10 coins because they have surety that in future they will perform better than others and if they fall in price due to market dump then there is not an issue because we will have trust in them and one day they will attain their higher worth again.
Due to their success they have attained position among the top 10 coins therefore they will not become a cause of your failure if you don't break your patience.

Everyone has their own concept and most of them are choosing new coins because they can afford everything regarding their investment and if they are choosing new coins they will have searched about it because most of the people invest after getting Knowledge.

Bitcoin Forum / Re: [Speculation] Will Bitcoin breach $100k this month?

« on: April 27, 2024, 08:03:01 PM »

Quote from: salad daging on April 26, 2024, 06:12:00 PM

Bitcoin is still stagnant, this is normal after halving there is always a long correction that makes the price go sideways, you don't panic too much let them sell because they can't wait for the pump then I will continue to accumulate while the price is still low even though it is now said to be high.

Maybe many are tired of HODL where when halving nothing happens, I don't think about that but the future and patience are important where never panic or sell when prices are still low.

If you have held Bitcoin for so long then wait a few more months because if you sell due to panic then your previous wait will have no value. Those will still hold Bitcoin who have experienced previous halving but newbies will be in the thought of when the price will increase to allow them to sell their assets.

Wise people are still buying more of Bitcoin because they take every step wisely and they are familiar with the facts of halving so I think for them halving effects will be more beneficial while those who have little bit doubt will put themselves in danger.

Cryptocurrency Trading / Re: Just HODL

« on: April 26, 2024, 09:24:16 PM »

Quote from: de_prof on April 24, 2024, 11:25:40 AM

The character and habits of whales always manipulate the crypto market when there are major events such as wars and wars. We can only follow it, if a dump occurs, it's best to keep holding because the whales will definitely buy a lot and then raise it again, this has often happened

Yes whales have the power to change the market price because they have a lot of money which they are using in both lower and higher worth in order to get benefit as a result of which market changes. When you see sudden changes from higher to lower worth then remember that whales will have to sell their coins which have dropped the price of that coin.

We cannot do anything if there is a dump therefore don't take any decision during the dump for which you regret your whole life but just hold and keep continuing your investment until your target price gets confirmed.

Cryptocurrency Trading / Re: Fear or greed

« on: April 26, 2024, 08:54:26 PM »

Quote from: de_prof on April 26, 2024, 09:58:17 AM

Both of them clearly have bad emotions, fear and greed. Fear makes people afraid to take opportunities when starting to invest or panic and sell at a loss. We should always stay calm and think clearly.

We cannot earn from trading or investment if we have any of these habits therefore if we want to be successful traders or investors then we have to put full control on our greed and fear. Fear and greed is present in every individual therefore we cannot say that we don't have but some people control them while others cannot.

Better decisions will be made when we think with patience and don't rush towards success as well as at bear market don't drop our hope as it can really be disadvantageous for us. Always be engaged in market predictions and reading price charts can help you to get success and follow the market for minimizing mistakes.

Cryptocurrency discussions / Re: How can I choose which cryptocurrency to invest in?

« on: April 26, 2024, 08:26:40 PM »

Quote from: debra on April 23, 2024, 10:32:54 PM

Investors can feel satisfy if the coins show good progress. But if the coins have no progress, the investors may change their funds to other coins. However, it is important because investors may invite other people to join the investment. If it has bad progress, the investors may spread bad issues to the whole people. And this may kill the coins, then the coins may be delisted and disappear.

If the coin is a successful coin from the past and now it is not showing any progress then wait for its progress because top coins never make their investors disappointed but people lose the chance due to the dream of their quick earning.

People often alter their investment coins but it is necessary in that case if he has not chosen top coins like Bitcoin and Ethereum so altering your investment from less or no progressive coins to Bitcoin or Ethereum is an idea that suited well.

I think people should not invest in that coin the creator of which is not trusted so they will not need to change their coin or will never lose money. One should utilize his knowledge because every person has a brain and active mind which he can use for making better decisions.

Cryptocurrency discussions / Re: What's the biggest airdrop you've ever received?

« on: April 26, 2024, 08:10:16 PM »

Quote from: ajiz138 on April 26, 2024, 02:34:29 PM

However, even so, we also cannot depend on airdrops for our income, because airdrops are things that we are not sure whether we will get or not. It would be better for us to have a main job and just use airdrops as additional income for us.

However, this comes back to our personal decision, because I also see that some people only focus on airdrops and they can still fulfill their living needs. However, I suggest having a main job with a more certain income.

We cannot be dependent on anything for getting salary from crypto because regular jobs can give us regular salary but crypto has no surety about how long it will be profitable for us. We can think of Airdrops as just a side job and if they do not give us profit then we have not to be worried about it and this can only be possible if we are getting salary from another job and are mentally prepared for every situation in crypto.

One job is not enough therefore one should take help from Investment or anything else that can fulfil their dreams and help them in managing their duties and I think participating in Airdrops can be crucial in this concern.

Cryptocurrency discussions / Re: What Altcoins Do you have?

« on: April 26, 2024, 07:39:56 PM »

Quote from: Rubel007 on April 26, 2024, 01:56:36 PM

Investing in new coins for quick profits has high returns but also high risk. It can lose value anytime after a major decline. However, not all coins behave the same. There are many coins that are capable of giving great rewards to an investor. But I trust some old coins. Because I know that the fundamental aspects of those coins are strong enough. I trust ether and bnb and sol. Because I know that in any situation these coins will always survive in the market.

The main reason for investment in new coins is that people avoid the risk and accept the quick profit but I think that we have to remember both of good and bad features and if we are accepting new coins then we have to identify their goals and team behind their creations.

Taking risk is easy and everyone will blindly accept new coins but losing money hurts a lot therefore take every step with the help of your gained knowledge because here we can minimize our loss by not accepting new projects that are scam. Ethereum, BNB and Solana are all great projects and have strong fundamentals therefore without doubt one can put money into it and obviously investors of these coins will find profit.

Cryptocurrency Trading / Re: HODLing Altcoins

« on: April 25, 2024, 08:34:32 PM »

Quote from: Uruhara on April 24, 2024, 06:39:18 AM

If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.

Holding altcoins can be more profitable and can save its holder for losing money but for achieving good results one should focus on top coins that does not drop your money and if unfortunately it goes down then after market recovery it will boost in price again.

Altcoins are good in achieving value when market conditions are suitable so don't drop your money by Investing in scam projects and hold some successful projects this time which will rise to allow you to get your deserved profit during the good effects of halving which will be at the end of this year or in 2025.

Cryptocurrency Trading / Re: Do professional traders lose money?

« on: April 25, 2024, 08:12:39 PM »

Quote from: rizqillah on April 25, 2024, 11:19:06 AM

They share the opportunity to make a profit in several coins, and they also try to minimize losses by investing in several coins that they think can make a profit. A professional trader will be smart in managing his crypto assets.

One can get a huge return by investing in numerous coins but it is not as easy as we think because only potential coins possess the power to give you profit if you buy and sell it according to your targeted value.

One can reduce his losses if he keeps holding top coins and his decisions are unaffected by the market fluctuations. Investing in several coins does not mean that you will hold any type of coins and you will become millionaires but diversification also needs knowledge and only true coins are profitable to hold so newbies must learn this thing while experts will do better according to their knowledge.

Cryptocurrency Trading / Re: Simple practices to improve trading.

« on: April 25, 2024, 08:00:01 PM »

Quote from: Learn Bitcoin on April 21, 2024, 02:31:34 PM

The point is, that maturity did not come in one day or a night. We had to spend time and make mistakes to improve ourselves. I had to be steady with what I did and find out the mistakes that caused the loss. So, when a trader comes to the market, they should know that there is another side as well and they have to be ready to face that.

No matter how well-trained a trader can be, it is almost impossible to predict the market correctly all the time. Even professional traders lose their trades for various reasons. It could be because of their mistake, or it could be for unexpected market movement. But you have to be ready for that.

Maturity comes with increasing experience and experience needs time and sacrifices so people will must sacrifice their money and if they lose then they have to think about the future not about the past but they should use their part for learning to make their future amazing.

If they are making mistakes then it's normal but if they are continuously repeating such mistakes then it is their fault which will not fix until they want to fix it. The market is unpredictable and because of such unpredictability traders often make huge profit from it but this is true for only experts while newbies will just not understand this unpredictable market easily.

Bitcoin Forum / Re: Halving likelihood to be in red?

« on: April 25, 2024, 07:54:00 PM »

Quote from: IvugeoEvolutionCoin on April 24, 2024, 05:57:04 PM

It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.

Bitcoin has reached its new ATH prior to the halving but that was just because of Bitcoin ETF approval as well as due to bull season but I don't think that we will not see another ATH after halving. Keep calm because movement takes time whether it's a negative movement or positive movement.

You will also have heard that in previous years ETF effects were not there but now if we have seen good price movement before halving then that was the effects of ETF because halving did not happen that time so wait for halving effects.

Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?

« on: April 25, 2024, 07:42:54 PM »

Quote from: DAMKAR on April 25, 2024, 04:09:21 PM

Not only is Atltcoin unsafe if you use the DCA method, it also seems difficult to estimate the price because it is very volatile. If I agree with you, DCA is more suitable for bitcoin, bitcoin is a safe coin. Maybe if there was a choice for altcoins I would choose ethereum

DCA is a good method and everyone should use this if they have a regular flow of cash so by accepting such a way you will be able to reduce the panic sale and will enhance the amount of Bitcoin when price goes down. One should invest according to his salary because if he invest more he will not carry his investment safely to the desired advantages.

Bitcoin is a safe investment technology but there is also no doubt about some potential altcoins like that of Ethereum, BNB, Solana and Matic so people can also choose these altcoins besides Bitcoin if they want to get expanded profit from different coins.