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Messages - DAMKAR

Pages: [1] 2 3 ... 146
1
Binance Coin (BNB) / Re: BNB prices will go up
« on: Today at 06:08:06 PM »
It's true, currently there are still many ways for those who have restrictions to enter the market, they can use VPN and so on. The most important thing is that the market never closes the accounts we have. because we can still access it from anywhere using the network we want.
Agree with what you say, using a VPN is an alternative if we cannot access the exchange site, because the most important thing is, as you say, we must still be able to access the exchange site with the account we have.
Maybe this still happens in several countries that do not yet allow their citizens to invest in crypto. The advice that many people have done is to use a VPN. This really helps us to be able to make transactions on exchanges that block our country.

2
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: Today at 06:06:28 PM »
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.
The trader brave with risk has chance to earn much profitable in the future but if scare when investing seems difficult to get profitable. Its not matter with big or small capital use for investing but how to face brave or not getting risk when investing assets in cryptocurrency or other investment way.
Usually some one already with risk not get problem for investing in bitcoin indeed current price of bitcoin drop. But difficult to make some one realize and want taking risk for investing assets in bitcoin or real business behind scare or avoid with loss in the future.
It's true, when market conditions are entering a bearish season like this, all cryptocurrencies will have very high risks, we must maintain patience to wait until the price decline stops and enter when prices are still cheap. We have to face the risks well in order to make a profit according to our wishes.
When it's bearish, we have to wait patiently, because we will see many people panic with their money because prices are falling. but stay calm, because the bullish top will occur at the end of this year and maybe Q1 next year 2025

3


In fact, everyone in cryptocurrency is very curious people. I don’t even know anyone who is involved or are they just cryptans in essence, all these people are very curious and they just studied it all, they like it. And when a person likes something, he starts talking about it tell others and teach others those who cannot understand just because he doesn’t want to do it but wants to make money from it.
That curiosity is what makes us start learning about crypto, by investing there. This is something that is very fun because by studying we gain knowledge and experience, so we can become professionals in both trading and holding.

4
You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.
To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.
Exactly, a lot has to be sacrificed to become a professional, the most sacrificed is the time and financial capital that we use to do research. We may still be able to find more money, but for victims of time we can't get much more time, time continues moving forward so that when we have sacrificed our time we must succeed in becoming professionals.
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.

5
Cryptocurrency Trading / Re: Just HODL
« on: May 09, 2024, 11:41:16 PM »

That's right, this is the influence of us being forced to reach a new ATH before the halving occurs, I have realized that this is the influence of whales who gradually sell their bitcoins every minute automatically (I've seen wallets that do that). I'm guessing what whales are doing right now is luring amateur traders to come out and sell their bitcoin at low prices because they are panicking when they see the price of bitcoin falling very sharply.
Panic will only cause us to experience defeat, stay calm and always monitor market developments. whalse will always have a way of making beginners panic and make mistakes, due to their lack of experience. it's normal for that to happen.

6
honestly regarding TRON I am very disappointed
in the end its creator proved himself for what he is: a scammer

moving USDT to Tron cost me an eye in the head and I still don't understand why, in fact I'm only using BEP20... obviously I stay well away from ERC20, the cost of the fees there is crazy, BEP20 or POLYGON are good alternatives

I removed all the TRONs I had, it became useless
Each platform has a different network, Tron uses the TRC20 network, BEP is the Binance network, ERC20 is the Ethereum network, so it's best before making a transaction, you must first learn the differences in each existing cryptocurrency network. Hopefully this incident will not happen again to you.
It seems like some of our friends are traumatized by Tron, that's normal. Because we should check before making a transaction, if we use Tron it means the network we are using is TRC20. We must be able to choose and learn which network we will use.

7

no one can guarantee that whales will always increase the price of bitcoin, sometimes when they make a profit they will immediately drop the price of the coins they have bought and leave. Whales will not hold their assets for a long time, when they have made a profit they will immediately sell them.
There are many typical whales, even though their goal is the same as making a profit. Some deliberately lower prices, then they buy in large quantities. then increase the price so that it can sell at a high price, then leave it to the market regarding the rise and fall of the price. they just hit and run.

8
In fact, the more money the more problems, money can be both salvation and meaning. In some sense of the word, because the more money you have, the more you think about how to invest it and you no longer have one or two investment options, but hundreds and they all need to be analyzed and compared with each other.
When we have a lot of money but have a lot of problems then we still can't manage the money well, have you seen the richest person in the world? Do they have a lot of problems that really make their life uncomfortable? They can enjoy their lives in peace because they have managed everything well and automatically.
Actually, the problem of being calm in life depends on how we respond to it, maybe we are not rich people. As long as primary needs are met, I am grateful. and for me investing in crypto is just another income. Rich people will feel less if they have too many desires.

9
There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.
There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again

10
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 05, 2024, 02:46:59 PM »
In any case, self-control or self-management is something we need to have, whether in trading or in our daily lives. Because if we can control ourselves well then it will enable us to think clearly and that will influence the decisions we will take.

For example, if we cannot control ourselves and we become emotional, at the same time we have to make a decision, the decision we will take will be based on emotion, not based on common sense, because at that time our emotions have already controlled us.
Emotion management requires experience, because it is not easy to control emotions when trading or investing. Sometimes we panic when we see the market drop, but because of experience, we try to calm down and find out why? and make an analysis of this condition
Yes, of course experience will speak volumes so that we can manage ourselves well, the lessons we can take from what we experience become capital for us so that we can know what we should and what we should not do.

But this also depends on how we can learn from what we experience, because I have seen several people make the same mistakes. When that happens, it can be said that they don't learn from their mistakes.
you are right, I agree with your opinion, we have to learn from the mistakes we make, that is our life experience and in the crypto world, both as holders and investors, we have to have a lot of experience so that we can make an analysis before investing in a coin.

11
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 05, 2024, 02:44:32 PM »
I respect your opinion, but I also want to give my opinion on this matter.

I don't agree if you say bitcoin is only suitable for whales or people who have large capital to receive decent profits. Because the fact is that now many small investors with minimal capital are also getting big profits from bitcoin.

Indeed, altcoins can also provide big profits, but for me bitcoin will remain my first choice for investing.
Either way, it's as high risk asset as possible, manipulated by the (big) players. Absolutely no one knows where the price will go, everything that is written and etc. is just a guess, nothing more.

P.S. In any case, do not overestimate risks and do not succumb to the manipulations of the crowd. Only in this case, there is a minimal possibility of preserving capital. In other cases, the % of losing everything (that you have) is maximized. The final choice is yours.  ???
crypto we will always see whales manipulating prices in the market, it's not just in crypto. We should follow the whales' path, take advantage when we can buy at low prices and sell at high prices. because that's how the crypto market plays.

12
Reading the news is a good thing to find out the latest information, your advice is very good. We must always be updated about the latest information, that is the function of reading. Like now we also hear that there is a War, this is also news that also has an impact on bitcoin at that time even though the price of bitcoin has increased again at this time.
It seems that the war that occurred some time ago between Iran and Israel did not have a direct impact on the collapse of bitcoin prices. This is the whale's way of influencing many people by bringing down the price of Bitcoin to a low price, which ultimately makes many traders panic and sell at a low price.
Yes, whales will always take advantage of the situation to drop the price of Bitcoin and make people panic. then they buy bitcoin at a cheap price, and when the price of bitcoin rises again they will make the price soar high and then sell it. that's how whales work.

13
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: May 04, 2024, 10:42:09 PM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
If you feel you don't have the ability to trade, you can become a holder. But you can also learn trading slowly when you have time to focus. Because learning takes time and you have to focus. I'm also not a great trader, only occasionally playing there in my spare time

14

This should not be a mechanism of compulsion, but reasons for a conscious choice to pay such a tax. So far, governments are not providing them. Strengthening control and attempts to limit the cryptosphere will only lead, in my opinion, to the fact that crypto people will find ways to go into the shadows. Neither the crypto industry nor the state will benefit from this. The forcing methods that most governments now use in relation to cryptocurrencies will not achieve the result they claim. This leads to the conclusion that governments, in fact, are not interested in the implementation of the cryptosphere in other areas of life, but in establishing total vertical control over it for their own benefit.
You are right, the government is just trying to control crypto but in my opinion it can never be done. One way the government can do this is by taking taxes from crypto transactions on local exchanges, because this can increase government income. In my opinion, at the moment maybe some countries are not interested in adopting crypto technology, but I believe that it will happen in the future when everything will become crypto, because this is the technology of the future
If the government tries to take taxes for every transaction in cryptocurrency then it indicates that the government has succeeded in controlling the bitcoin market. But I see that in several countries, when withdrawing cryptocurrency and exchanging it for fiat currency, the government has implemented taxes in the sector using fiat currency.
By taking taxes from crypto transactions, it shows that the government has accepted the presence of crypto, although not completely. Because we can't use crypto as a payment method yet, but it is possible that the government will allow it in the future.

15
Cryptocurrency Trading / Re: HODLing Altcoins
« on: May 04, 2024, 10:27:27 PM »
Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.

In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.

Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.
Risk will always exist in business, if we feel we have confidence in an investment, do research and make an analysis. because with this we can reduce this risk. Likewise investing in crypto, we must have a concept and plan to become a holder or trader, the choice is yours

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