I noticed that I received some kind of airdrops on a Polygon address, although I'm not sure when I applied. It doesn't matter.

Can someone specifically explain what the purpose of these tokens is and why someone does this at all?
I have no intention of dealing with that token, but I see that it was sent to many addresses, I believe that someone will think that they can get something out of there.

The address from which it was sent is labelled as Fake_Phishing3312



If it's a type of scam, how is it realized?

I witnessed same things when I swapped a token I received from bounty and whenever I do a swap from one network to another, their goal is to get you associates wallet to their fake site where they seems someone can swap the token with this your wallet would be emptied. And for newbies especially airdrops hunters are easily caught up at this moment since they would think is a free token and they could swap for a better token without them knowing it's a fake one and a trap for that matter.

You can engage yourself with DCA method with this you can be able to accumulate more bitcoin and when market recovers you could sell and make profit if you are only targeting for short time investment. Alternatively you can participate on free rewards program such as airdrop and bounty's I think you can earn from money from them but it's not a guaranteed way to earn especially now that those programs aren't that favorable anymore but I think there few that are still paying out handsomely.

There is a signature campaign running in the forum, and if you have built up your account to the senior member rank, you can apply and start earning from here. I believe to me, this is the easiest way to earn bitcoin, but you need sacrifice your time to improve your knowledge on cryptocurrency and how they work. Nothing is free in Freetown.

This aspect is making people to be impatient on the forum and they can't concentrate on their post to be creative, if you look so well people post out of desperation in order to build up their account so that it would enable them to easily join signature just like that.
Yes, sacrifice is one thing mostly needed but one must learn to be patient and learn to read and be creative while building up their reputation here.

Quote from: SmartGold01 on May 12, 2024, 10:11:16 AM

This is where people are mixing it up about bitcoin, usually we aren't meant to panic over the price since we knew that it is inevitably to occur like price dip, a bit up or sideways most importantly we shouldn't think that bitcoin halving or HK spot ETF could easily hit the market in way that price would surge so quickly for people to gain extremely or above what they expected.

Pumping up stories about the constant growth of the value of Bitcoin, celebration when it reaches certain points, disappointment when the price does not go in the upward direction, all this is just part of the speculation of traders and those who are called investors.
what is much more important is what Bitcoin (and some other currencies) offers, which is that everyone can manage their own money, without banking protocols. Value growth is OK, but it shouldn't be the primary thing when we talk about Bitcoin.

You are correct sir.. I think focusing on the long time projection of bitcoin could be the easiest way not to be affected by the unforeseen circumstances, which is something that we can't deal away from because investors always wants to give words that could regenerate the hope and trust of people to focused in bitcoin. As we know, bitcoin isn't a thing we should rush or expect to hit some certain amount within a limited time frame but if we focused on the long time run maybe not immediately then there will be no much worries or panicked whereby we could start seeing people to be affected by the increase and decrease in price, celebration when a new ATH is recorded and a rejection when the prices goes way back than expected.

Does anyone really expect the value of Bitcoin to keep going up and only up? Isn't there an assumption that sometimes it will hit its maximum current value (supply/demand)?

This is where people are mixing it up about bitcoin, usually we aren't meant to panic over the price since we knew that it is inevitably to occur like price dip, a bit up or sideways most importantly we shouldn't think that bitcoin halving or HK spot ETF could easily hit the market in way that price would surge so quickly for people to gain extremely or above what they expected.

Quote from: SmartGold01 on April 23, 2024, 07:52:09 PM

... we might still see another ATH within next year 2025. So buy and hold tight!

We talked about 2024 so much, now we are already talking about 2025, when there are still many months left until the end of this year.
This may not be encouraging for some new investors to read because there are people who invested in cryptocurrency with the knowledge of the halving, knowing that there was a very high potential for their investment to increase, but because it has not happened as expected yet, most of them, due to their lack of experience and knowledge, would not be encouraged to use this opportunity to invest more.

Except for a newbie invest because we know that old investors don't panicked anymore since they already knew the market formation, so instead of them to be weak about the market they would utilized that opportunity to investor more and hodl. We can't deny the fact that bitcoin always follows it's historical data and for that we can't experience much bull even though there is but comes 2025 there would be another ATH.

Quote from: Litzki1990 on May 09, 2024, 08:29:48 PM

If an investor is new and if he is new to investing in Bitcoin, he checks his wallet several times a day, but a professional investor who has been investing in Bitcoin for a long time does not feel the need to check his wallet that much. For those who invest for the long term, the less time they can monitor the market or monitor their own investments, the better because the more times an investor looks at their wallet during the day, the more likely they are to sell their investments. But instead of thinking as I do, many people may think their own way and check their wallets as they wish.

You're absolutely right.
I believe one the reason for considering Bitcoin investment for its long-term potential is to get ride of emotional outburst due to temporary market fluctuations. So those who really do consider Bitcoin's long-term trajectory would care less about checking Bitcoin's short-term performance, and even if they decide to check, it wouldn't because of their investment but for other reasons.
Whoever checks his investment more often is either a short-term trader/investor, or someone who's relatively new to the market and hasn't gained any experience yet.

I don't check my wallet instead what I does is to check CMC to track down the price of cryptocurrency because opening wallet or monitoring the app where I store my assets looks so risky and you wouldn't know when you could get trap by people outside. I mean due how cryptocurrency is no longer friendly in our country i do avoid regular visiting my wallet.