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Messages - Gurujebs

Pages: [1] 2 3 ... 77
1
Ethereum Forum / Re: Gas fee on ethereum
« on: Today at 08:11:57 PM »
Of course, for awhile, I felt like I was married to the heat map and checking in on it every 5 minutes! I was able to do the transaction at a decent rate in the end. The first price I had was 100 dollars and it went down to 18 dollars.

Generally, during the weekend between Friday to Sunday, there used to be a decline in most blockchain with high fees price, they reduce during the weekend because less people tend to use the network during the weekend, I think that's why you were able to execute the transaction but I was surprised when you said you first $100 unless it's a smart contract transaction and not wallet to wallet address transaction or either it might be a bump in transaction as a result of spam, weekend transactions fees aren't always that high.

2
XRP - Ripple Forum / Re: Should I invest to Ripple?
« on: Today at 08:06:12 PM »
I also think so, XRP dev should think about the development of the project. because new networks from Solana and others have also made good movements in the past two years. Even though we also know that XRP had problems with the SEC, but managed to resolve them,

I have never seen any project that makes noise like Ripple and over the years, the company Ripple has spent more time fighting court cases than building something tangible on the network, no new innovation, just the usual ranting of proving safe network for banking businesses which I don't see in reality, just noise and noise all the time.

If we are to talk about speed in today's innovation of crypto, I don't think Ripple would be counted as top 10, we have many new innovations that are faster than Ripple, it's better they focus on something new for the project, atleast to make XRP more valuable.

3
Do you think Bitcoin can't provide big enough profits too? maybe you can see the development of bitcoin prices from 2010 until now in 2024, in 14 years the price of bitcoin has experienced a very high price increase, imagine if you still had bitcoin from 2010 and you sold it this year, would you still consider bitcoin have no chance of making a sizable profit.

The only way Bitcoin can produce enough profit is subjective and that's when you invest heavily because right now, what Bitcoin can give you is only little return on investment, maybe in a good condition you will get 5x, don't compare 2010 and 2024, those times you are talking about, Bitcoin price was still small and affordable. I mean that time, $1k dollar investment in Bitcoin then can give you atleast 3 btc but you can't do that right now. You need thousands of dollars to invest in Bitcoin and I can tell you that only 1 out 10 people that are having interest on Bitcoin can actually but a whole Bitcoin.

4
It's true, even though bitcoin has the opportunity to print a new ATH again, we as traders don't know when that will happen. As long as bitcoin still has high interest, there is a possibility that they will still reach a very high price someday. Maybe when there is good news to trigger whales to buy bitcoin and reach a new ATH.

High interest can only from how many times profit people are going to make from Bitcoin and right now, I can't for sure if Bitcoin is going to do 5x from here, it will take a lot of billions of stablecoin to achieve that and who are the new people that will be bringing that money to crypto right now? Only institutional investors u guess but are they going to be having that interest like before, many of them that came the last time most especially venture capitals ran into a lot of losses. They are the ones to motivate new institutional investors but they can't because of the altcoins effect crash.

5
My advice is just be patient. Even though we are in the bullish trend in a higher time frame, there is always a retracement. So if for you we are bullish, we should expect for a downward movement to occur. Sometimes this movement can make you hesitant, so we have to bear in mind that don't sell your asset if this happened because it's normal. And if you have more funds, add more investment. Following these ways can maximize your profit.

People should also learn to differentiate between retracement and when others are selling. There is no point of holding coins from beginning of bull run, have something significant as profit and then didn't sell because you are looking for a particular price. It's better to sell if retracement becomes a constant drop in the price continuesly and by the way, there is nothing bad if you sell your coin if you are in profits, unless you are holding for years.

6
If only Arsenal had not experienced problems in the past by not dropping many points, then they might now be the team with the greatest chance of winning the title, but something unpleasant happened where they had to receive several negative results.

Only 1 point from Manchester City and Manchester City have 1 game more than them. Arsenal really hopes that Manchester City will lose at least once in the remaining matches, even though that is a difficult thing to happen.

This is my problem with Arsenal right now, they have loss some important games they should have won, most especially that Aston Villa match, they loss two games two them both home and away, had it been they didn't lose any match now, this there consistent winning of matches will yield something later but the fact they are two point behind Manchester City is discouraging.

If only Manchester city can lose their next matches but with what they did to wolves in their last matches, they are not relentless nor giving up on this remaining matches, no doubt they will take this Premier League.

7
Bitcoin Forum / Re: Is Bitcoin legal?
« on: Today at 06:55:53 PM »
So far only 2 countries accept Bitcoin payments. Everyone is afraid of Bitcoin because price movements are very volatile so many governments have taken policies not to accept payments or transactions using Bitcoin. It feels like Bitcoin will never be accepted in many countries because the available supply is also an important influence.

Seeing how governments are clamping down on mixers, one can assume that government isn't smiling with Bitcoin, they have forge a war against Bitcoin privacy and such things are sending bad message about Bitcoin, the government doesn't want Bitcoin to win and if that's what they want, I'm afraid to say that Bitcoin might never get approved as legal assets in many countries.

Legality comes with friendly frame work and the government isn't providing anyone for Bitcoin, even ETF that was approved, there was a lot of drama around it before it was finally approved, the SEC didn't have choice but to approved otherwise they would have rejected it.

8
Daily trading is a great way to get daily profits, but if you have small capital you will get little profit. If we have large capital, it seems like it will be easier to get big results every day, but it all also depends on market conditions. If the market is quiet, we will have difficulty making a profit

Daily trading is only profitable when in the bull run, in the bear market you will probably make nothing and not just only the bear market, there are even times in bull run you might not make money all the time because of low volatility unless you want to do future to shirt the market when it's fallen and even that one is dangerous.

Anyone can be a trader but it should be moderate, no need to force a trade and if you try and nothing comes, it's better you just buy and hold the coin and then sale when it's profitable and not trade every time else your money will burn.

9
Currently and in the future, I really believe that what you say is true, Bitcoin is the safest investment with the smallest risk of all. So that when there is a correction, of course, we immediately buy and hold until the growing season. I agree that with more types of things we can do, it is certainly very reliable, so don't hesitate to also use potential altcoins as a handle too, because bitcoin and altcoins need each other and can move together.

We aer gradually getting to that point where Bitcoin might not be able to give us that profiting returns many of us are used to in the past but people with large investment in Bitcoin will benefit from this very well. However, people with small investment should not only put their money in Bitcoin, they will probably make a little profits, it's better to diversify investment into other alts. We have many alts that are doing well and are good for diversifying of investment.

10
Since the introduction of computer human involvement in the workplace have gradually been declining and it has further aggravated with the introduction of robot and now AI. As the technology is improving day by day people are getting more and more dependent on technology and this trend will continue in the future. In future robots will be a lot more powerful than human beings.

I thought computer and anything that involves automation are going to make our work easier and faster and everyone is happy doing that. Imagine having to use typewriter to do print a large document in 2024, that is going to be ridiculous even though we still have some institutions that use it for some specific work, the future has to be improved.

My only concern is the abuse of this artificial intelligence that are purposely designed to help the humanity and not the other way round. I could remember how people are using AI image and video to do scams and fraud people by impersonating individuals, this is wrong and need to be put to scrutiny.

11
The whole question is what made a person turn to religion. In fact, in religion there is no direct prohibition on participation in games - the prohibitions there relate more to the consequences of participation than to the participation itself. So here it all depends on the person.

I'm not sure of the scripture you are talking about but you see, Islam forbid gambling and it's there in most Arabic countries. If you watch football matches in most Arabian countries, just take a look at their ads on bill board and those ones in football pitch, you will not see a single gambling platform advertisement, they are mostly other products been advertised.

I can't speak well on the doctrine of the Christianity though but the fact that everyone plays it, I think it's allow to gamble but maybe some sub-christianity will have another objectiok regarding gambling by people.

12
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 02, 2024, 09:10:16 PM »
You are right, gambling is a game that depends on luck. Different from trading, trading requires experience, analysis and always monitoring the market. If you have good luck, it's best to trade. because this is more realistic.

Gambling requires experience, analysis if you love doing sport betting and of ofcourse luck and trading requires the same as well but the level of certainty in winning them is different, you can't open a bet and open a trade and expect to win something from each of them, you are likely to lost gambling before you lose money on trade.

If I'm to chose any of the two, I will chose trading before gambling because the lost in gambling is less and money can be made as profit if you don't sell. While in gambling, you don't have that kind of chance.

13
I don't think pepe is the best investment. There are lots of memecoins after pepe that have gone multiple times than pepe. Although, I was able to make some profit back then with pepe when I paired it with some Bitcoin on Bitget smart portfolio. As it keeps pumping, I was getting more Bitcoin from it. But It wasn't like the memecoins I bought after it

PEPE is a good investment for people that bought it at pre-sale price, you can see the OP quoted profits of 210000%, that's profit you can only see in a blue moon but considering the fact that it's a meme coin, I will never rate it above any Fork Bitcoin like Bitcoin cash and the rest of the forks, meme coins are cancer to crypto but people love what they love even though you shout from now to tomorrow.

Anyone can buy meme coin for all they want but just know that it's not that meme coin you think can buy you Lamborghini will be, most of the time, it's the coin you don't expect to pump will actually pump.

14
When the price of bitcoin drops to $56k you don't just look, we have to be ready to enter and buy more bitcoin because usually when the price falls like that it will bounce quite high. We just need to make good use of the opportunities for rising and falling Bitcoin prices to continue to profit from the movements made by whales.

Not everyone has money to spare you know, some people set up money purposely to buy Bitcoin when it comes down to the exact price they have in mind and whatever Bitcoin does later, they don't have more funds elsewhere to buy more. However, I just think $56k level might not be the actual lower price Bitcoin price is expected to stay, I have noticed that Bitcoin do have this sharp decline lower before it makes a bullish engulfing candle for the next pump. So I think we might have more lower price sooner or later.

15
Basic Questions about Cryptos / Re: Are Bitcoins a good investment?
« on: May 02, 2024, 08:30:20 PM »
Learn how to be patient in the sense that you don't know when bitcoin will excel in price. Patience is what the majority of investors lack. Most of them want to see profits in their bitcoin investment always without first understanding that the crypto market is volatile, it does fluctuate up and down and there are times to expect huge profits out of one investment in bitcoin(that is the bull run season)

Some people sell their Bitcoin not because they are not patient enough, they sell because they are satisfied with the profit they have for that moment because they are not long-term holders but a short time. They rebuy back again when Bitcoin has retrace down to their support and then the process continues like that and as they say, there is nothing bad in selling if you are in profit.

Only new people who buy Bitcoin at the top might actually need this advice, no competent investor will actually buy Bitcoin at the top and see at the bottom, they will hold until they are even or sell when they are in profit.

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