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Messages - Jamal Aezaz

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1
Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?
« on: Today at 06:54:42 PM »
Quote from: akeemqaz on May 13, 2024, 12:05:53 AM
You have a valid point. Also, Crypto isn't just currency related only but a way of life, a way to make passive income and also to lose money. But so far one isn't greedy there is a good chance of making extra income with it. The features are just amazing.

Crypto has given us an opportunity through which we can earn better but the earning is not always assured because of the volatility it possesses. Those people who hardly fulfil their needs with the help of a single salary are now living a better life because of new opportunities that are offered by crypto.

Certain habits should be minimized or avoided to be profitable in the crypto world and it is important to follow the rules and regulations so you can earn well but if you don't know what to do then you cannot earn a penny.

2
Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?
« on: Today at 06:20:43 PM »
Quote from: dekafee79 on May 12, 2024, 02:54:51 AM
When investing, it's best to do it in lots of coins if you want to be successful in the crypto world. BTC is a favorite coin and safe to hold, but many altcoins make bigger profits than bitcoin. Everyone has their own analysis and strategy. Good luck

We should not be totally dependent on just a single coin for success because there are thousands of altcoins which also possess good return abilities and if we take the risk to invest in altcoins then it can increase our profit while fear will not allow us to move forward to get success.

Altcoins can give us huge profit but the selection of good altcoins is necessary for it because every coin cannot give us revenue of our dreams while Bitcoin always proves to be a good investment coin that no other coin ever proves. But it is also important that if you have money then also think about investment in altcoins but research before doing so.

3
Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: Today at 01:44:27 PM »
Quote from: enwi on May 10, 2024, 02:16:41 PM
If bitcoin will rise again in a season like this then it will be very difficult, Bulls and Bears will definitely fight for strength. Currently many people want to make the price of bitcoin collapse, so it's better if we just follow the price movements in the market that have been made by the whale.

Bear and bull seasons are always appearing according to the buying and strength percentage and many investors just make huge buying and selling just to change the market price and to take advantage of it.

Whales are making the market fluctuate because they are buying and selling coins on a large percentage. Therefore it is better to follow our target only and should not follow the rules of others because the market can change anytime.

4
Cryptocurrency discussions / Re: What tokens are trending?
« on: Today at 01:31:10 PM »
Quote from: ajiz138 on May 05, 2024, 03:31:44 PM
I don't recommend it if it's a meme coin, but if you want to try it then go ahead but you have to know what the risks are. Meme coins are coins that live on hype alone, and only a few coins can survive.

Even if we want to buy meme coins, we have to go in with as little money as possible or with money that we are ready to lose. Because it's not just one or two people who lose money due to meme coins.

Agree with you meme coins are a highly risky investment and only for the hope of a good return many people lost their invested amount. People think that meme coins will always be a trending coin like currently but there is a great doubt about their success.

Invested little amounts will not put you in more risk if you want to buy meme coins but you just want to buy meme coins with a larger part of your money then you are calling your defeat by your own faulty decision. Larger amounts are only good for bitcoin or top coins while other coins have no surety for their return therefore think wisely before doing anything.

5
Cryptocurrency discussions / Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« on: Today at 01:18:01 PM »
Quote from: DAMKAR on May 12, 2024, 03:22:25 AM
We can buy Bitcoin according to the money we have, so we don't have to buy at least 1 BTC. Bitcoin will always be king, where bitcoin price movements will influence the prices of other altcoins. that is the reality of what is happening in the crypto world

There is no pressure on us to buy a whole Bitcoin so we can buy it in parts and this is the better option with Bitcoin investment. There is no better coin for investment other than Bitcoin because if we think about the pump of altcoins then we have to see the price fluctuations of Bitcoin because altcoins will always follow the path of Bitcoin.

Bitcoin and altcoins are a part of the crypto world so we cannot ignore the importance of any of these but the main thing here is that Bitcoin is a single investment asset that does not depend on others and also there is no chance to become scam but altcoins other than top ones are still doubtful for their success.

6
Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!
« on: Today at 12:54:09 PM »
Quote from: doc on May 08, 2024, 03:54:02 PM
There is still time for us to learn and invest in crypto, if the last halving will occur in 2040. I personally don't think about the last halving but am more focused on the halving this time and are bullish next year, according to many people's predictions,

If we think about 2040 then of course we have enough time to learn and Invest in crypto but I think we should first take advantage of current and coming halving because we don't know that we will be alive or not during 2040. It was better if you learn before the current halving but if someone has missed the learning ability to invest in crypto now then I think he can learn now but buy Bitcoin first as the price is lower and hopefully it will increase and continue your learning.

We don't know when the last halving will take place but the price of Bitcoin cannot remain in a lower state always therefore don't be worried about the price but accumulate more as you can and when the price goes higher then you can take profit easily.

7
Cryptocurrency Trading / Re: Saving... Investing... Speculating... Gambling? (Poll)
« on: May 11, 2024, 08:25:11 PM »
Quote from: Power420 on May 11, 2024, 04:40:10 PM
I never believe in Altcoin investing, only fools invest in Altcoins.  All and sundry investors only invest in Bitcoin because it is a trusted coin where investment is sure to lead to success. But investing in bitcoins must be done with long-term investment, long-term investment is the only way to get the most benefits. The higher the investment in Bitcoin, the higher the benefits.

Not every altcoin investor is a fool because there are so many individuals who are earning lots of money due to altcoins investment and there is no doubt that bitcoin is good investment assets but all the people around the world cannot afford this investment so altcoins is a better way to make money.

There are top altcoins like Ethereum and Solana about which you will have knowledge and you will also be familiar that with Ethereum investment the majority have earned a good amount but those who have not experienced investment in top altcoins cannot understand the reality.

8
Cryptocurrency Trading / Re: Do you feel like you're getting it all wrong?
« on: May 11, 2024, 08:17:20 PM »
Quote from: jeraldskie11 on May 11, 2024, 06:29:03 PM
Honestly, we all make a mistakes in trading including those professionals. But if we already learned from our mistake why we still losing? Losing in trading doesn't mean you made a mistake in your analysis. You're just doing your analysis correctly based on your trading plan and because the market is unpredictable, sometimes we lose. So we don't have to get upset of losing because it's normal, if you backtested your trading strategy well you have to trust it.

Sometimes we don't lose due to our mistakes and we are carrying out all the activities in a better way but sometimes the market does not allow us to earn profit from our trading and investment therefore it is the reality that experts also lose money but all the time they don't make mistakes but the market is not productive.

Think about every loss as an advantage because it teaches us something beneficial which we cannot learn without making such loss and it will help us in the coming days to earn more than our loss.

9
Cryptocurrency Trading / Re: Just HODL
« on: May 11, 2024, 08:14:16 PM »
Quote from: doc on May 10, 2024, 01:44:53 PM
We really have to use free money to invest in crypto, whether trading or holding. because we know, crypto is unpredictable and very volatile. If prices suddenly drop, we don't need to panic about that money because we don't need it in the near future

Free money is important for trading because we cannot identify the value of our hold coin so anything can happen with its price therefore if we use an extra amount other than the amount used for daily uses or emergency then we can sustain our investment or trading without any worries.

Trading and Investment both are suitable but if we use money other than our expenses because trading makes us distressed and due to this stress if we decide wrongly then our money will be lost as a result of which our whole financial system will be affected.

10
Cryptocurrency discussions / Re: Crypto markets can exist without government permission
« on: May 11, 2024, 07:58:35 PM »
Quote from: dekafee79 on May 11, 2024, 12:52:40 PM
Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

In most of the countries where crypto was banned is permitted now because they have understood the value of crypto now and they know that it is useful for mankind.

If crypto is banned in Some countries then they will surely understand the value of crypto at a certain stage because it is going to be more valuable day by day so no one can ignore the importance of crypto. In many countries crypto has been accepted and in the remaining where there is no use of crypto still people have knowledge about it and are familiar with it so very soon there will be an initiation taking place.

11
Cryptocurrency discussions / Re: Do you rely on Crypto Currencies?
« on: May 11, 2024, 07:29:27 PM »
Quote from: dekafee79 on May 11, 2024, 01:07:16 PM
We should have jobs in the real world, so as not to depend our lives on crypto which cannot be predicted accurately. I have a business in the real world to provide for my family, crypto is only a means for me to invest and trade.

Those who are totally dependent on crypto for their whole life are not thinking wisely because crypto is not like a job as it sometimes gives us profit and we think that there is no better option of job than it but after some time the market goes down and all our dreams remain dreams.

Before entering into the crypto we must have a job from which we can earn monthly income so in case there is a dump in the market then we will get money from our jobs. Not only newbies but experts should also be not dependent on crypto for their regular income so be conscious before entering into the market.

12
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 11, 2024, 07:06:44 PM »
Quote from: dekafee79 on May 11, 2024, 12:01:13 PM
If you want to be safe in investing, choose old coins, but there are also new coins that have great potential, but we have to do research first so we don't experience losses. but if you lack knowledge and experience, you should choose old coins.

Neither all old nor all new coins are profitable but the top coins can minimise your loss because of its already obtained trust from its holders. There are also some new coins which can give you huge success so sometimes trending coins are better to buy but the selling price should be based on the value which you have selected as a target.

Knowledge is necessary for both old coins investment or new coins investment but the time of holding should be understood clearly as some people lack the ability to target a value of selling so that is why they miss to get a big reward.

13
Cryptocurrency discussions / Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« on: May 11, 2024, 06:49:45 PM »
Quote from: DAMKAR on May 11, 2024, 02:04:57 PM
You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low

Both Bitcoin and altcoins are related with each other and of course Bitcoin price is regularly changing the price of altcoins but it does not mean that the highest price of Bitcoin is due to the rise in altcoins price. It can be said that those who cannot buy Bitcoin due to the highest worth have the opportunity to buy some altcoins to increase the worth of their money.

If there was just a single currency like Bitcoin then people will not be involved in investment of crypto as much as they are now because everyone cannot afford the buying of Bitcoin due to its expensive nature.

14
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 11, 2024, 01:32:13 PM »
Quote from: DAMKAR on May 10, 2024, 06:02:15 PM
Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.

Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.

 But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.

15
Bitcoin Forum / Re: All you need to know after Bitcoin halving
« on: May 10, 2024, 09:07:01 PM »
Quote from: dekafee79 on May 01, 2024, 05:31:40 PM
Looks like we don't need to panic, dude. Due to the achievement of the ATH of bitcoin before the halving due to the impact of the ETF, this really makes many people confused whether the bull run has finished before the halving or there will be a higher bull run after the halving, we should wait until the end of this year.

People have missed the opportunity to sell their Bitcoin when the price was 73k$ because they were in the thought that without any dump it will reach to 100k$. If they sell their Bitcoin at 73k$ so now they will be able to buy again at the price of 62k$ which will elevate till the starting months of the coming year.

We should not show our greed all the time but should hide greedy behavior as due to such behavior people often feel sorrow for their past. Increasing prices will come once more so don't be too greedy to miss that chance too therefore be patience as a dream will come true till 2025.

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