follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Faisal2202

Pages: [1] 2 3 ... 36
1
Bitcoin Forum / Re: Halving - Do you still believe in the previous pattern?
« on: Today at 10:41:42 PM »
Quote from: bayu7adi on Today at 09:10:13 AM
We see that the BTC price graph is almost similar to the data from the BTC price graph during the previous halving. So, what makes you want to hold or add more accumulation? Are you guided by the charts alone or are there other things that you think have a big influence on Bitcoin?
You have shared a good piece of information but as a normal trader with no high technical skills its hard for me to understand it fully but I do understand some. I am not accumulating anymore but holding what I have accumulated till now. I don't depend only on charts but on other factors too. Because I know charts are based on historical data and historical data can't predict the future 100%.

For example, till now all the charts have shown that BTC makes new ATH after the halving, but only this time due to massive adoption, BTC made new ATH before the halving and falsified all of the historical charts and charts based predictions. I saw this pattern for the first time, and its not very convincing that I will start to invest again, because investing is  decided after several thoughts, as we can't invest in a coin only on the basis of charts.

2
Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: Today at 10:35:48 PM »
Quote from: Jamal Aezaz on Today at 09:00:37 PM
Both have potential to increase in price but Bitcoin is thought to be more friendly because its success is rapid while gold will take time to increase. People often choose one of them but if they choose both of these assets then they will be in more profit so I think they will hold Bitcoin up to four years and also hold some gold when it grows more then sell it.

I will say that as compared to Bitcoin gold is a more trusted asset as fluctuations in gold are not as high as that of in Bitcoin. We cannot ignore the profitability of any of these so buy both and hold to get revenue  from both.
No doubt fluctuations are not as high as in BTC. But that's what makes it more attractive for investment. I mean we can gain more on BTC and it is not even gambling, like we are not going to lose it all. If we are not able to make a profit in one cycle then we will wait for another. And this cyclic behavior of BTC can make us a hell lot of money in the long run.

Gold no doubt is more attractive as it's traditional, but think for another second that what if people leave the ritual of giving and taking gold in marriages ( I know in foreign countries it won't happen) and replace Gold with BTC? Demand will increase greatly.  BTW a lot of people consider this POV of us wrong, they say BTC should not be used as long-term investment to store the value of our money while it should be used as currency like p2p. Well, in short we should fill our bags from all the pools, and if BTC is giving us more profit with some risk then we should invest in it what we don't afraid to lose and will invest in Gold what I afraid to lose.

3
News related to Crypto / Re: Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Pha
« on: Today at 08:40:39 PM »
Quote from: Zed0X on May 05, 2024, 05:35:03 AM
I'm quite dumbfounded at how you guys are still praising him. Are you a Binance user? CZ most likely sold you (and thousands of users) out already in exchange for his light sentence. He's not strong but wise enough to bend to authorities because there was a strong evidence against him. He's obviously happy that he got only 4 months that's why he can speak positively about his situation.
I didn't mean to praise him but admire (same thing😁) the words he is using while in such a situation. I don't know the reason you saying he sold us out. It would be great if you could shed some light on it. As I do use Binance, not a fan but a user, I don't judge people by a few words of them, actually, I have seen how Binance has dealt with SEC and other authorities. And how the SEC has made them leave the US region. I mean in my POV they manipulated things so that Binance would comply with them fully which is not beneficial for them and now SEC is going after every other CEX.

Which in the long run is a good thing no doubt. Well, I would like to know about those strong evidences, besides the ones that proved his exchanges were used to send funds to Gaza and Hamas and then tagged as terrorist funding. I am not a follower of some CEX I have to be open minded otherwise we lose funds


4
Bitcoin Forum / Re: Has the bear market started?
« on: Today at 08:17:29 PM »
Quote from: LUCKMCFLY on Today at 03:15:28 AM
Today I saw more analysis from some traders where they said that bitcoin would reach $52k again, but this is something that I don't understand very well, based on what can you guarantee this?
I did not mean to say it will directly touch the $50k target, as I was trying to say, first it will break some supports, like $57k then further below until $50k. My hard guess is $50k and in the long run it don't made me nervous because I am holding until $100k which I think is must. I don't know why before halving people were so bullish that they won't stop saying BTC will touch $100k some are even saying it can touch $150k but now people are not so bullish.

They are predicting the price to touch maximum of $80k. Speaking of $50k target you are right a big event could made that happen otherwise BTC is still moving up and down (consolidate) but I still think a big dump is coming, as MT Gox payment is going to be distributed and there are other seized funds are going to be released by the authorities.

5
Cryptocurrency Trading / Re: Opt for the safest exchange?
« on: Today at 07:54:33 PM »
Quote from: enwi on Today at 12:26:57 PM
I prefer not to use a new exchange because it will put the money we have at risk, it's better to use an exchange like the one you mentioned, bybit is also one of the best exchanges at the moment.
I agree with you, we should not use new exchanges with big funds, the ones I mentioned like Binance, ByBit, and OKX (did not mention before) are good, old, and reputed exchanges. We can trust these exchanges but never blindly use these exchanges. Especially if a person is not very active and not seeing the latest news then he might become a victim of some kind of fud. For example, Houbi is a good exchange, until some hackers hacked the website and inserted phishing links in it.

People are the ones who notice it, I mean the team is not aware of the issue, people are the first who notice it. Therefore even if we are using old, reputed exchanges, we still have to be careful with our funds, and its essential for us to keep an eye on the news section.

6
Basic Questions about Cryptos / Re: [GUIDE] What are Crypto Airdrops?
« on: Today at 03:41:01 PM »
Quote from: Paldo.io on May 04, 2024, 01:58:23 AM
I'm so not a fan of those social media airdrops. The reputable airdrops has moved on from those to liquidity airdrops already. Thanks for the recommendation tho!
Everyone has there choice, I have spent a good time on these social media airdrops accumulating points, which is also free to do, although unlike liquidity airdrops we have to give more time and the reward is lesser. But unlike these social media points-based airdrops, there is more risk of losing your investment in these liquidity airdrops. I mean you added LP and afterward, the pair starts to lose value. Although it would be a win-win if you are holding a token for the long term and you added it into LP to gain airdrop.

So no doubt you will be making a profit after a long time as your main aim is to hold that pair for a longer period of time, and you only added LP (another way to hold) and made extra bucks via Airdrops earnings. Speaking of reputable airdrops, many are still in the point system. Like I joined few more airdrops today which was basically testnet based and tasks were easy and free to do, and those platforms had more than $5 million of fundraising (minimum).

7
News related to Crypto / Re: Bitcoin historian creates lore website tracking memes
« on: Today at 03:35:26 PM »
Quote from: ABCbits on May 03, 2024, 11:33:25 AM
Using different DNS or encrypted DNS wouldn't help if that government very serious to perform censorship though. They'd just obtain list of IP owned by Twitter and ask ISP to block connection to those IP.
You are right, DNS is not a good option if the government decides to take strict actions against those who change it to access Twitter. The best option is to use a platform that could also provide encryption on traffic and hide my actual location. But before writing the first post on this thread I did not have a good VPN now I have my hands on a Paid version of a VPN which is a good thing.

But I also found some alternative ways to access Twitter for example I came to know we can set proxies in our twitter account (in the app). But one proxy works for me only one time, like when I turned on the VPN that proxy don't worked afterwards.

8
Bitcoin Forum / Re: Bitcoin: The Most Beautiful Currency in the World
« on: Today at 04:49:32 AM »
Quote from: TomPluz on May 05, 2024, 03:40:17 PM
Aside from the many things why Paolo Ardoino called Bitcoin as such, what do you think can be your own reasons why Bitcoin is something beautiful today and in many years to come?
Paolo might be talking about the ETF adoption and how halving has impacted the price of BTC in a positive manner. But still, he might be talking about other features at technical levels, like Runes maybe. And he must say such thing about BTC, because when one BTC is mined, the equal amount of USDT are minted by the company that paolo owns so it means more market cap and more trading volume thus more funds in bag tagged as "Profit bad"

He might be talking about how he won the hearts of people and outperformed all of our expectations. Well, IMHO, I think BTC is beautiful because its decentralized and can be accessed anywhere in the world just with the help of a mobile and internet. It makes lives more easy. We can send funds from one country to another even without paying huge taxes. We can easily convert it into fiat via P2P. The demand is what keeping its price alive. If there would be no demand then there would be no price of it. It made many people rich in shorter period of time, that gold or any other type of asset might not do that.

9
Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: May 09, 2024, 11:57:33 PM »
Thanks for sharing this news with us as I did not know about Nilam before and how they are going to buy a MindWave company which has around 24,800 BTC. I am wondering why they are buying this company as they can directly buy 24,800 BTC which could add more demand in the market and price could go up. Well, I wonder at what rates they might have bought it. Besides this amount is not small, as at the current market price it is almost nearly $1.5+ billion. A gold mining company buying that much BTC is not a small thing.
Quote from: KryptoBull on March 27, 2024, 01:22:27 AM
I would like to know your views on BTC and gold:
  • Are you investing in BTC or gold?
  • Do you think BTC has become more attractive than gold in the investment sector?
  • Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
1. I am investing in BTC as it have more potential in compared to Gold.
2. Yes, I think BTC has way more potential in compared to Gold, but it would be idiotic if we kept all of our funds in BTC only as diversification is necessary to minimize the risk of losing all of our funds at once.
3. I think yeah.

10
Forum related / Re: [Sugestion] Old Posts Remove
« on: May 09, 2024, 11:41:59 PM »
Quote from: msz900 on May 09, 2024, 04:36:24 AM
Greetings,

I have noticed that a huge amount of Posts from the Bounty Board is available and there are no use of it. So to speed up the Forum, it is suggested to review and remove the old posts, like atleast older then 2020. From 2020 - Till Now, is more then enough for all the users to check previous data.
It's a good thought, but I don't think bounty managers would like that, because it is their own choice if they want to keep the history for future portfolios, as many managers might be using those threads as their portfolio for show case to the client that they have gained that much attraction and they can gain the same for you. It's just a thought but still I don't think it is worth deleting them. If a bounty manager is no more in this forum then we should archive those threads as they are no longer needed but still, there is not need to do such a thing.

It an extra work which is necessary as a lot of time will be needed to delete such posts. I prefer to leave them as they are. And focus on what is currently available as those active bounty threads can easily be seen as they are positioned at the top. I suggest you to add a tracker on the profiles of the active bounty managers if you want to see all of there topics they create. This way you can knew the listing of new bounty threads first. You can do that with the help of PX-Z tg bot.

11
Bitcoin Forum / Re: Has the bear market started?
« on: May 09, 2024, 11:26:22 PM »
Quote from: Power420 on May 01, 2024, 12:26:50 PM
Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
I think it should happen, which means a bear market or correction was necessary for the market to go up again. I still thing BTC can go as low as $50k. But after that, it will touch $73k IMO. I might be wrong but many technical indicators show that. I honestly don't want BTC to go as low as $50k but I think in the long run like after October or near October BTC might lose its value.

After that maybe in the Q1 of 2025, BTC will try to break the $100k target. Many of the institutional investors and analysts made that prediction I just aforementioned, but don't know where they are now, or why they are not back supporting what they said before. I still thin we are heading towards a bull run because bull run definitely comes after halving and my heart don't want to think otherwise. Which I know is a bad thing.

12
Bitcoin Forum / Re: What Happened To Bitcoin?
« on: May 09, 2024, 10:26:36 PM »
That's because the hype of BTC was too much that one day or another, it has to be adopted by governments, and will be legalized. So when that happens or happening now, the government wants to control it, they want to control it because that's how they can control people. But to control BTC they have to manipulate people's minds and provide them with more and more centralized platforms so that they can take over the funds of people anytime.

To keep yourself anonymous and save your funds from CEXs, new platforms are coming, for example, obfuscating platforms (mixers) DEXs, and other DeFi wallets, open source, and decentralized ones. But still, governments are targeting these platforms in the name of providing security to the people and to some extent they are at right because some bad actors are taking bad advantage of this technology. Besides BTC did not lose its purpose, mainly not because of the people after 2017, it's because of the people before 2017. Like they are holding hundreds of BTC why? Why did they not used them for p2p or other buying and selling purposes. They are the one who set's a base in the minds of upcoming peoples. CMIIW.

13
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 09, 2024, 10:18:54 PM »
Quote from: Jamal Aezaz on May 09, 2024, 06:30:47 PM
An individual will understand to analyze the market only if he spends lots of years in the crypto market. The first step should be learning and the second step should be getting experience through the utilization of a small amount of money.
Honestly I still think professionals might not lose all of their funds, but yeah some funds are a natural thing. We can learn these things by reading stats. For example Attention Robinhood power users: Most day traders lose money in this article we can see most of the professionals who are doing day trading lose money no matter how long they have spent there time in trading. The type of trading is the main thing that decides whether professionals make money or not.

For example, if we are doing long-term trading, then a newbie can make money, as it spot, if it's swing or day trading, then stats are in front of us saying, professionals can't make a profit consistently in day trading or in futures. I have seen many examples with my own eyes like I read on news. But as you said we learn from our mistakes and we should try to avoid them next time, but due to high volatility of the market sometimes it becomes hard for us.

14
Cryptocurrency Trading / Re: Opt for the safest exchange?
« on: May 09, 2024, 10:08:25 PM »
Quote from: Doovla on April 26, 2024, 12:13:49 AM
There is a full list that can be found on the popular crypto site, I am a user of Phemex, Binance and Coinstore exchanges, no errors so far. Which is your choice?
Never heard of Phemex before, even Coinstore is also new to me. I mostly use Binance, but now my shift is moving toward other centralized exchanges as well. I sometimes use DEXs for some purposes like when the token is only available on DEXs. Besides I liked the exchanges I use at the moment besides the Kucoin. As when SEC opened there investigation against KuCoin a great fud was created.

And withdrawals were also too slow after the news, I was worried that people might lose their funds. TBH I did not have any funds at that time, but one of my local community members shared a story that he had funds for it. And withdrawal was too slow that he was damn worry. So, that almost gives me the idea of situation that a person in when funds are at line. Well, besides that I began to like Bybit too.

15
Cryptocurrency Trading / Re: App for crypto indicators
« on: May 09, 2024, 10:03:44 PM »
Quote from: KecIsHere on December 06, 2022, 06:33:15 PM
So what do you think?
Hmm so you developed an alert app for indicators, like if the price of some token reaches a certain point on the chart where the RSI or MACD is told. Hmm, you could also use the simple price alert apps and can use them for the very same reason. Like if the RSI is moving up it means the token at the current price is overpriced and you could also add an indicator in terms of the price of that token at that point.

Well, but still it's a good idea, never used RSI or MACD as alerts before, and never came to think or was in need of them. But still, I liked it. I have not tested it yet, but the layout is quite simple, did you make it via Java or Flutter? As I'm working in Java right now, planning to move on to flutter. For safety reasons, will you publicize the code or not?

Pages: [1] 2 3 ... 36
ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod