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Messages - pacar_tiri

Pages: [1] 2 3 ... 137
1
Closing March in profit would be something unprecedented. Never in the Bitcoin's history we have had 7 "green" months in a row. The previous longest run was 6 months in 2020/2021:



Credit to Cygan

But I can't see why this record can't be broken. We had that ~11.5% dip on 5th and I thought the market would cool down, but the price recovered nicely and we broke the new ATH. The market mood seems to be positive but the volume dropped down a bit, which is never a good sign. If I had to bet, I'd still say that we'll end March in profit and the price will stay above the opening ~$61k.



post by wwzsockiof BTT
Imagine when you were still holding bitcoin from 2013 until now, how much wealth would we have gained? This shows that Bitcoin has very good potential for long-term storage. So keep holding Bitcoin for a long time and keep buying as much Bitcoin as you can.

2
Yes! Because it should be the case for everyone to stop obsessing over the possible price movements of Bitcoin and instead enjoy watching how it amazes us. We've experienced this many times before, so it's important to learn from our past experiences and stop stressing ourselves about what we need to do during those times.
Learning how to trade properly and correctly is not easy, they have to be able to know market conditions, but what I really emphasize here is that we have to keep buying when prices are going down or at least a long red candle appears on the market so that is the right moment to buy. , once the candle returns high green we can sell it. Remember, this method only applies to Bitcoin and the five coins in the top 5 coinmarketcap.

3
Binance Coin (BNB) / Re: Investment of BNB
« on: Today at 03:11:25 AM »
When discussing CZ and RT, I think Binance has thought about this decision, because Binance seems to keep the exchange and its coins safe and that has been proven. When I heard that CZ had a case, I thought Binance would definitely have a good solution, and it turned out to be true by making RT the new CEO.
Even though the new CEO at Binance is currently held by RT, he still has to use CZ's mistake as an important lesson so that it doesn't happen again when RT becomes CEO. Again, hopefully RT can make strict regulations for the circulation of money on the Binance market.
It seems that Binance has started monitoring suspicious transactions and blocking their accounts. RT must learn from CZ's mistakes in the past, it's true that it has to be like that. Because Binance is a reputable exchange, don't let Binance's reputation be damaged.
What Binance has done has been done some time ago, but not very actively and only partially, but when CZ got this case, Binance became more aggressive in paying close attention to the movement of money entering the Binance exchange. They don't want their exchange to be used as a as money laundering again.

4
The growth figures are really impressive, but I am sure that this is not the limit and in the future the coin will continue to grow due to the growing demand for BNB, since BNB is used as a payment for transactions in the BSC network.
The use of BNB on various platforms seems to have been widely accepted, indeed Binance is one of the platforms that has an important role in BNB price movements, therefore up to now BNB still has a high price because the Binance market is very active, there are several new token launch events which make BNB is soaring even higher.

5
BNB I have held for two years. I have already benefited a lot. But hopefully I will sell one for 2000$. Hopefully prices will rise a lot more in the future. Because this coin is currently trading a lot more. And being the number one exchange's coin is at the top of popularity. So good results will come in the future.
This depends on how much BNB you have and it seems that for now you have made quite a nominal profit. If you decide to keep holding BNB then that is a smart choice because we know the price of BNB has the potential to be expensive.

6
Binance Futures was launched two years ago in September 2019, when Binance.com had already become a leading crypto exchange for spot trading. Users had indicated their interest in us offering futures products. After months of user-centric design, planning and testing, we started our futures exchange with a Bitcoin futures contract that today leads the market in price discovery.

We took note of one particular feedback: almost all the futures exchanges at that time were focused on incentivising market makers.
more info
Of course, Binance is considering launching a new product which is very risky. You have to be careful because with future trading, Binance carries the risk of losing its assets when traders succeed in getting the best spot and making a profit of up to thousands of percent of the capital they use.

7
However, I read this, if they have resolved the issue and it seems like they will no longer continue because it is clear and there is no issue that needs to be tried. So, that means CZ is free and not proven guilty, right? Or have you misunderstood this news?

CZ already pleaded guilty, what Binance and CZ have stated in court is that at this moment they have no objection to the motion and additional request the SEC asked for in court and they are ok with a court decision on the evidence presented.
Basically they have given the SEC all the data they requested and are not asking the judge to not consider any of it, so the SEC can call now as a witness anyone they asked for and use every document they had presented in a case.
It seems like CZ did that so that the trial would end quickly and immediately get clarity about the punishment given to CZ, because if the trial took too long it would be a waste of time and energy, of course CZ didn't really like that because the time she used wasn't always just for convened.

8
Indeed, all assets created by Changpeng Zhao were attacked, BNB, BUSD, Binance Exchange and all of Changpeng Zhao's movements were also monitored and restricted.
This is all because Changpeng Zhao is the CEO of all these assets, so SEC regulations must monitor him closely, even Changpeng Zhao has been suspended from leaving the country.
Referring to the title of this topic, BUSD has indeed been turned off and BUSD is no longer circulating on the cryptocurrency market, but BNB coins are still circulating and I am sure BNB can still be trusted by the cryptocurrency community.
It seems that there was someone who really didn't like CZ's performance, causing him to be attacked repeatedly until finally he was hit by a case that made him lose money. Binance is a fairly large exchange platform, when problems like this occur it usually has a serious impact on the price of BNB.

9
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 05, 2024, 06:42:09 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.
I am not a gambler and have no experience there. I'm just a trader, and that's not a professional trader. just an ordinary trader who trades when the market improves and the possibility of making bigger profits. As far as I know, gambling depends on luck and experience, while trading requires good analysis and knowledge.
But when trading doesn't rely on research, it looks more like gambling. At least you know trading using the futures method. Do you think trading using that method is considered gambling? because what I know is that the future trading system guesses price movements and when our guess is wrong then all our assets are lost and cannot be returned.

10
Yes, there are times we may be doing things without having a proper knowledge of doing it, yet without knowing that we are having the wrong perspective in it, later in life, we may choose to go through the proper way of doing that same thing only to realized that we have all the way long been doing the wrong thing using the wring pattern, that is why learning is very important for us to maintain having each time we are about to start trading.
That is what is called learning from experience when we have made mistakes, and trying not to repeat the same mistake. We will always face this problem in our lives, not only in investing. Being an investor and trader, we also often make mistakes and lose.
Trading and investing have all experienced losses. As you said, the experience of losses will be an important lesson for every trader so as not to repeat the same mistakes. We as humans are a place where we always make mistakes, whatever the type of mistake.

11
-snip-
It is important to be noted that if you are in the will to do trading then you will give time to learning and will practice it in reality because just learning cannot make you wealthy.
-snip-
Learning without practice will only be wishful thinking, and it will not add to the trading experience.
I myself started trading self-taught and began to learn the basics, after which began to practice how the basics of trading worked.

Over time, I began to get used to it and continue to learn how to trade properly and correctly, as well as train trading psychology.
That's right, when trading but we don't see and feel market conditions directly then all the theory studied is useless, it's better when learning trading to immediately carry out trials using the capital money we have, don't use it all, use a little to study the market. Once we can understand the movement of coins in the market, we can increase the capital we use.

12
Bitcoin Forum / Re: Is Bitcoin legal?
« on: May 05, 2024, 06:31:52 PM »
I more often use the Tron and BSC networks for transactions because the fees are cheaper. Maybe if I were a whale with large enough funds for investment and trading, I would use bitcoin because it is safer, or ethereum too. because gas fees are not a big problem for whales, because the profits are bigger.
It's true, currently these two networks do have quite cheap transaction fees, but you can use the Solana network which has cheaper fees than the two networks you often use. With fairly cheap fees and high enough speeds, Solana is starting to be widely used. people to carry out trading and transactions in large amounts there.
Solana has become part of the priority network to replace ethereum which has high gas fees, currently many people have switched to BSC and Solana. I think Solana will become more popular in the next few years and will probably compete with ethereum in second place. Let's see, will that happen?
Solana is currently not a priority because so far there are not many tokens created using the Solana network listed on exchanges so I can't say that Solana is a priority. Currently there is also a new network called Base and it has quite low fees which might be a serious threat to Solana.

13
Bitcoin halving, a fourth halving, happened several hours ago at block #840,000. From now, Bitcoin block subsidy will be 3.25 bitcoins for each new block.

Let me emphasize, a halving is a beginning of a bull run, not the end. Stay strong, keep up your belief, and hold your bitcoins tightly.

During the bull market, there will be many big tests and if you have weak hands, you will sell your bitcoins and miss the peak of this big bull run.



Holding is the only option for investors because as the new investors think that BTC will pump after the halving but they don't have enough information on "How Halving Works" and now they are stuck.
They don't understand what happens during the halving, they think that during the halving the price will rise, because miner rewards will be cut in half and demand will increase. Even though it's not certain that demand will increase, because I see many big investors who are still waiting. and whales will also play a role here.
That's right, if we talk about demand then this depends on the conditions around us, when many people accept payments using bitcoin then demand will automatically increase, unfortunately for now the use of bitcoin in society is still very limited so raising the price of bitcoin to a higher level seems very hard to do.

14
Bitcoin Forum / Re: All you need to know after Bitcoin halving
« on: May 05, 2024, 06:25:03 PM »
Looks like we don't need to panic, dude. Due to the achievement of the ATH of bitcoin before the halving due to the impact of the ETF, this really makes many people confused whether the bull run has finished before the halving or there will be a higher bull run after the halving, we should wait until the end of this year.
if it went up continuously without making intermediate stops it would not be a healthy thing nor would it be a good thingI would be very suspicious of an asset that only goes up continuously, it wouldnt be normalit is likely that from time to time a take profit is made and that the price fluctuates with an upward trendline.. is normal
It's true, we live like a spinning wheel, including the price of cryptocurrency on exchanges, sometimes the price of bitcoin on the market rises very high, but there are also times when the price of bitcoin falls to its base price. What we need to do is understand that and remain alert to the fluctuations that occur in the market.

15
I am not really sure with this. It is true that crypto is high risk but the profits will depend on the strategy to do it. Even if having good analysis, it won't result in good profits if we use the wrong strategy. People who switch their assets from gold to Bitcoin, they know the potential (advantage) of Bitcoin. They know Bitcoin can give bigger profits, so they want to try their luck in Bitcoin.
It's true, when trading in cryptocurrency we have to pay attention to what we do, not many people are able to trade well and correctly, so sometimes professional traders will use several techniques to make trades that can provide a lot of profit.
It is so difficult to become a professional trader, so many people prefer to become a holder. I'm trying to learn trading, learn analysis and try to make plans but unfortunately I don't have much time to deepen learning trading, so right now I'm more focused on being a holder.
I feel that every human being has got their own share of wealth. If you don't have much time to look at the market because you are busy in the real world then you should be grateful because your wealth does not depend on market conditions because you have a job in the real world, for them Those who become professional traders don't necessarily get jobs in the real world because the time they spend is just researching exchanges to find good strategies for making profits in the market.

If you want to become a professional trader but still want to have a job in the real world then I can say you are a greedy person.

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