It's true, many individuals who do this take advantage of the carelessness of Twitter users. In the Solana network recently things like this often happened and many people were scammed, so we have to be careful when we want to make transactions. we have to research the destination address we want to use for transactions.

We have to be careful in everything, especially joining airdrops on Twitter. It's best to check the authenticity of the event on the main website and never use a wallet that contains our assets. We should create a new wallet if we want to participate in the airdrop.

Quote from: Vx1 on May 09, 2024, 09:03:32 PM

Quote from: $crypto$ on May 09, 2024, 02:57:02 PM

It's true, greed or fear will always be within us, and it will really depend on ourselves, how we can control it, whether it will dominate us or we will be able to control the nature that is within us.

Sometimes we miss out on a lot of profits not because we immediately feel a loss, but at first we are in a very profitable situation but our greed makes us feel a loss in the end.

Yes, therefore, we should continue to learn from experience and that greed is actually not good and can actually make us suffer losses. 
So that we can make quick decisions in crypto trading, so that the momentum to gain profits is not lost in vain.

The problem is that we have to make decisions quickly but also correctly and that is not easy. It's like making a hasty decision if we don't know the science.

However, the experience we have will be able to help us in making decisions. We are required to be fast and precise, so what we have experienced in the past will help us. Sometimes when making decisions we are still contaminated by emotions, and actually that is the problem.

experience will enable people to make quick and correct decisions. This really requires experience because it will be influenced by emotions at that time, greed, fear, etc. so only those who have experience can do it well.

Quote from: MrSpasybo on December 24, 2023, 02:43:21 PM

Does your country have a plan to accept crypto? Are you willing to use crypto as a legal payment method alongside fiat currency?

It cannot be said that our country has fully accepted cryptocurrencies, but there are already several regulations regarding cryptocurrencies.  Such as tax on income from crypto and the release of a list of crypto that is legal to trade, this shows that in fact in our country there is no prohibition on cryptocurrencies. 
And if possible, we will definitely also use crypto for buying and selling transactions, but for now all of that is prohibited.

Crypto is still prohibited in several countries for payment methods but is permitted for investment, I think this is good enough for the development of crypto in several countries. because its citizens can invest safely.

Unfortunately, currently there are still many new traders who often feel panicked when they see the price of the coin they are buying going down. They often panic because they are using money that will be used in the near future, so their financial condition will be disrupted when all their assets are trapped in the market at high prices. Therefore, the importance of managing finances for trading is one of the most important keys.

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

Quote from: UNIVERSE on May 09, 2024, 11:24:55 PM

Quote from: dekafee79 on May 09, 2024, 11:15:45 PM

In investing we only buy when it is bearish and hold, while in trading we must always monitor the market. In contrast to long-term holding, we only wait for the bullish season. both btcu experience and knowledge. in trading and holding. but trading requires the ability to predict short terms

It is very recommended to buy in the bearish season because the prices of most crypto coins must be in the low rates. It is different when we buy in the beginning of bullrun season, they prices must already increased much. So, the profits won't be as significant as the coins we bought during the bearish season. We even don't need to wait for ATH to take profits if we bought the coins in ATL during the bearish season. Just imagine if we bought BTC when it was below $20k, we already get much profits when we sold at the current ATH $73k.

That's right, by buying coins during the bearish season it will give us the opportunity to buy coins at cheap prices, currently the price of bitcoin is still too high. If the price of bitcoin falls to $20k, of course many will buy bitcoin quickly.

Many hope that the price of bitcoin will fall to $20K, but I think that is impossible this year or early next year. because many hope that the price of bitcoin will rise and touch a new ATH, they will sell their bitcoins that have been held for a long time.

Quote from: SamReomo on May 08, 2024, 09:40:02 AM

Quote from: bitmover on May 06, 2024, 07:28:43 PM

I still believe holding bitcoin will be very profitable in the future.
120k is not impossible, and it is already 100% from now.

I am holding about 80% of the coins I ever owned.

I know holding Bitcoin could be profitable and 120k to 1M is very possible but not very soon. It will take Bitcoin many years to reach 1M, till then it will lie below 100k most of the time. I'm bullish about it in this bull run, I expect that it will reach at least 100k when bull run gets intensity but it's not likely to reach 300k in this bull run however a few people think that it will cross $150k in this bull run.

We just need to be patient when holding bitcoin, because it's not impossible when talking about bitcoin. We have also seen how bitcoin continues to run and is always able to reach ATH when it moves up.

It's just that we can't be sure when Bitcoin will reach that price. For example, 120 thousand is not impossible, but we don't know when we will see bitcoin reach that price. There is no doubt when it comes to bitcoin.

Bitcoin is always safe to hold long term, talking about prices like you said $120K is reasonable to happen but when will it happen? End of this year or early next year. This is a question that many people ask, even though we know that Bitcoin is unpredictable and no one can predict it accurately

People who believe in the potential of Ethereum and invest in it, they must have felt the benefits of increasing Ethereum prices over time. So indeed Ethereum gives us decent profits.

The decision is in our own hands and it is best to make it based on our own analysis, not because of things like I said before. When we know a coin has potential, then we can make a deeper analysis to invest in it.

Ethereum is one of the favorite coins of many investors besides Bitcoin as the main priority. I also made a profit from ethereum this year, but I made more profit from bitcoin. Because I bought bitcoin when it was bearish and sold some when bitcoin touched ATH $73K.

Quote from: MRY on May 08, 2024, 08:56:29 AM

Exactly, investing in coins has the potential to be the most appropriate way to enjoy the benefits of cryptocurrency. As long as the coins we buy are good, like Bitcoin, BNB, Ethereum and Solana, we will still make a profit.

No, it is strategy that is the key to whether we will win or lose in trading. If good coins are managed with a bad strategy, of course they will result in losses because knowledge is more important than what coins are chosen. A professional with very advanced knowledge will be able to maximize all the opportunities that exist on certain coins.

Coins with high transaction volumes and high popularity may determine their fundamental strength. So long-term investors still consider the popularity and progress of the related con roadmap.

Actually, in my opinion, knowledge and the coins chosen also really determine victory in trading. but for professionals, they prioritize knowledge first, because they have good knowledge and experience so they can choose good and potential coins for trading. So both of them play a very important role in investing and trading.