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Messages - DAMKAR

Pages: [1] 2 3 ... 145
1

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.

2
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.

3
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

4
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.

5
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: Today at 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.

6
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.

7
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

8

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.

9
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

10
Cryptocurrency discussions / Re: Are you buying now?
« on: May 04, 2024, 10:22:33 PM »
If you have bought bitcoin when it was $59K, now you have made a profit because the price of bitcoin has risen to $61k, that's how bitcoin is. No one can predict bitcoin accurately. No matter how great the analysis, Bitcoin is still Bitcoin, because whales will manipulate the market.
That's right, currently the price of bitcoin has started to rise again and this should be the right time to sell some of the assets we own because we have already made a profit. It's better to sell it now rather than having to wait for it to get more expensive. So far there is no guarantee that bitcoin can rise again.
If you say there is no guarantee that the price of bitcoin will rise again, that's true. but for those who still have confidence that bitcoin will touch new ATH again, they will hold their bitcoin until the end of this year. You can sell it if you feel you have made a profit, the decision is all in your hands

11

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

12
Cryptocurrency Trading / Re: Fear or greed
« on: May 03, 2024, 09:00:51 PM »
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunity

Greed will only be minimized if we choose some value for selling our coins and then do it on time instead of elevating the timing for the purpose of elevating revenue. Most of the people have lost the opportunity to sell at 73k$ because at that time their greed does not allow them to take profit and they wish to have more enhancement as a result of which they regret till now.

You will only be profitable if you minimize greed because greedy people can never be successful ever because their dreams never get completed and they wish every time to be more profitable.
That's the reality that happens, some people who don't sell their bitcoin at $73K, and hope that bitcoin will rise again, of course they regret it, because they should have made a profit and could buy again when a correction occurs like this week the price of bitcoin fell to $56K. that's greed, it won't make us think realistically and rationally

13
Dogecoin Forum / Re: Dogecoin for Bull Run
« on: May 03, 2024, 08:58:15 PM »
Indeed, the dilemma of meme coins is the instability that can occur, so many people avoid investing in them.
But Doge may still be reliable because its reputation is still quite good and is currently continuing to increase along with the movement of Bitcoin.
But I agree that everything is returned to the individual who wants to do it, because it must also be based on belief before deciding to invest.
Because the profit or loss will be borne by you.
Doge and shib are the most popular meme coins and still have the potential to be owned. So we can hold doge and also shib. Many say the price of doge will soar again, let's just wait
I think you are right, but I think for meme coins I only agree with doge, not anything else, because it is still too risky to hold them, especially for a long time. Look, now it's starting to be corrected and Doge is still holding up well and not going down too much, so I think Doge is still worth buying when there is a correction at this time. I think it is difficult for Doge to reach its ATH because it is not easy to break their last ATH, but it still has potential compared to other meme coins.
When talking about meme coins that have potential, I think PEPE has more potential because several times I saw PEPE trending searches on CMC. but if choosing a safe meme coin, I think doge and shib are good choices

14
I don't think I can earn much BTC from crypto forums. I focus on my outside work to earn extra income and use a portion of that income to DCA BTC + ALTS. This way is more efficient and generates more BTC than signature campaigns.

Why don't you try to use bitcointalk? You would be welcome there.
 there are good campaigns there  too. Both forums  became important extra income for me
Everyone has a way to earn extra, for now bitcointalk and altcoinstalk are good forums to earn income by participating in their bounty campaigns. There are also those who choose to participate in the airdrop and focus on trading. so they have their own way to earn income

15
Litecoin Forum / Re: Now is the best time to purchase Litecoin.?
« on: May 03, 2024, 08:52:19 PM »
The whole crypto market has crashed. Sadly the market has deteriorated a lot. The price of every coin has gone down. At the same time, the price of Litecoin has gone down a lot. So far, the price of Litecoin has dropped to a low of 162.47 dollars. Where we saw Litecoin crossing 410 dollars.

So I guess, now might be the best time to buy Litecoin.
If you have a difference of opinion, you can express it without hesitation.
I believe the crash that happened to Litecoin was the crash of price that happened around 2021 when bitcoin and other altcoins reached their ATH and began to experience a price decline, months later after their ATH.

I believe, there are investors who might invest in Litecoin because they thought that Litecoin would cross $410 again after it got reduced to $162.47 as of January 2021 when this post was made. While they didn't know that it wouldn't be so, and Litecoin wouldn't skyrocket to a higher expected price again till when another bull run will take place. Which we are expecting it to be between this year and next year when a higher price of $600-$1000 can happen.
If you predict the price of Litecoin will reach $600-1000 next year, isn't that a high expectation because the current price of Litecoin is $81. but anything can happen, I still hold Litecoin but I will sell it at $200. because I have made a profit from that price

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