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Messages - pacar_tiri

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1
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.

2
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.

3
-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.

4
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.

5
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.

6
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.

7
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.

8
Bitcoin Forum / Re: Impact of Halving on Bitcoin Mining
« on: May 05, 2024, 06:15:58 PM »
The media always takes advantage of important moments in the economic world, Crypto currency is also an important factor for its fans. Bitcoin halving is quite interesting news to discuss. I am part of the people who are waiting for the impact of the bitcoin halving and are still waiting until now, because I see that it has not had a good impact on bitcoin and altcoins
Bitcoin halving will always be discussed once every 4 years, if they have passed the halving period then there is nothing interesting anymore, because the next season will definitely be bearish where many coins will collapse. The impact of the halving makes Bitcoin increase due to a cut in the profits from mining Bitcoin, making the price expensive.
Because Bitcoin halving is exciting to discuss, that's why the media is discussing it. and after the halving, the media will feel quiet. That's natural, because in a bear season, almost all investors are just waiting to buy the bottom position, and plan to hold it for the long term
Unfortunately, currently the halving has passed quite far and market conditions actually appear to be going down, in fact there is no news that can attract whales or investors to buy bitcoin in large amounts again. If many investors want to buy at a cheap price, that is already a thing. which is normal for them. I'm sure the whales won't let that happen easily because before the price collapses there will definitely be whales who buy quickly.

9
Ethereum Forum / Re: ETH going to 3k
« on: May 05, 2024, 06:12:27 PM »
Vitalik Buterin announced that he keeps 90% of his personal cryptocurrency assets in the Safe (formerly Gnosis Safe) multisig wallet. Such wallets use the M-of-N approach, where a key is split into multiple parts with equal access, and you need a majority of them to work.

Some belong to you and the rest belong to other people you trust. Do not reveal who these people are, even to each other, Vitalik wrote.

This is how Buterin responded to a thread in X about the importance of self-storage of assets. More specifically, he responded to a post by an X user who fears that the biggest risk in using a hardware wallet is the owner:

You could have your cid stolen, lose it yourself or put it in a safe deposit box in a bank, and then hastily move to another country because of COVID.
I can't imagine that when Vitalik Butterin dies, who will inherit all his wealth? Doesn't he think like that? because as far as I know, everyone who has life will definitely die in time, Vitalik Butterin has to consider that.
Maybe VB already thought about it, but the media didn't show it. Indeed, Vitalik Buterin's assets are quite large, that is the question people are asking, who will his inheritance fall to? of course the biggest inheritance will fall to his family,
But remember that above it was said that VB divided his secret key into several parts and no one knew about it, it is possible that his family also did not get information about this, but I hope VB has thought about this and has provided information about the cryptocurrency assets they have to his family including the people he loves.

10
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: May 05, 2024, 06:09:18 PM »
Actually, you can invest in these two coins, ethereum and BNB. Both are top 5 coins, so there is no doubt in owning both. We can hold these coins long term. Both are coins that have great potential to hold, because these two networks are very popular at the moment. Ethereum is safer and more popular, and BNB is an alternative network with lower gas fees
In my opinion, BNB provides quite a lot of profit compared to Ethereum. Judging from the recent price movements of BNB, which always increases the price, it should be able to be put to good use to make a profit, BNB will also continue to rise because looking at the supply of BNB which is always burned at certain times specified in the schedule.
In fact, there are many coins that provide higher profits than bitcoin and ethereum, but big investors choose bitcoin and ethereum because they are safer. I also own BNB and Solana, both of which have also provided greater returns. and that is our function to diversify investing
If you say the profits that can be obtained from a coin then altcoins have an important role in what you say, you can see that meme coins often provide a lot for those who are able to make the movements made by whales in meme coins.

11
Ethereum Forum / Re: ETH is the king of crypto!
« on: May 05, 2024, 06:07:04 PM »

For a very long time, Ethereum will be in second place, but I’m not sure that it will always be there because all the new projects now are not interested in some complex blockchain that Ethereum has and some very popular project like Solana may well overtake it in future and leave it far behind.
Anything can happen in the future, but for the next few years I think ethereum's position will remain strong at rank 2. Maybe after new coins that function as networks start to become popular and are widely used by crypto projects, we will see ethereum being replaced by The new one has more benefits such as lower gas fees and faster transactions.

It’s very difficult to get everyone to switch to some other wallet, people on their own are very lazy and don’t want to switch to something new, so I don’t think it’s so easy to convince everyone to switch to another wallet simply because there will be very cheap ones transactions.
Not just lazy mate but more on trustworthiness,our wallets that wr are using for sometime now had been serving us since those years without issues so why need to use another on ,not unless there is a valid  issue that needs to change then we will not find another one as this is my own experience.
When it comes to cost and trust, people can switch to something else to get something cheaper. This is not a matter of being lazy, but thinking about the economic benefits. Ethereum will be singled out if it can't fix the high gas fee problem, because many are cheaper and safer than ethereum
Ethereum does have a very high trading volume and is currently in the ranking of the best altcoins of all existing altcoins, but for gas fees it seems that Vitalik doesn't really mind that, maybe for Vitalik when he has something that is expensive but still has high interest it will shows that the products he has are still liked by many people.

12
I think high gas fees are a serious problem that must be resolved, because as we know, many other networks offer lower gas fees and better transaction speeds. If high gas fees are not a serious problem? Is ethereum ready to lose its users? Hopefully our discussion will be heard by the ethereum team, so that they can immediately improve their project
Unfortunately, the developers do not take the problems that ethereum is experiencing seriously, especially the fairly high gas fees, because they realize that gas fees will decrease by themselves when transaction conditions on the ethereum network are not too congested.
Doesn't it mean that transactions on the Ethereum network are not busy, that means the market is quiet? If the market is quiet, we shouldn't expect the price of Ethereum to rise, so the transactions carried out at that time are only purchases. because when traffic goes down and gas fees also go down, that's the bearish season
The condition of a network that is available cannot be used as a benchmark for whether the market is busy or quiet. You can see that the Ethereum network may not have too many transactions being created, but on the Solana network, for example, you can see that transactions are running very high.

13
It would have been best assumed that a million dollar price of bitcoin would be possible, if had it been bitcoin was fluctuating at the price of $700k rather than this $66k, it is currently at.

Since bitcoin is not close to $700k, still fluctuating at a price below $100k, there is no way we can begin to imagine a price of a million dollars in six years, when we already know there will be a bearish market at the time(after the bull run in 2025).
Too high spechlation with bitcoin price comparison how currently price, its not faukt when making some prediction price of bitcoin but need to see with realistic price after bitcoin last time halving stuck around $73k. Have six years later and seems get one halving time but I think possibility with bitcoin will reach until $100k. If price keep stable above $100k always has moment or opportunity for bitcoin will male another higher price breaking out above $200k to $300k although six years later seems not really enough.
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.

14
Your idea must have been successful because the price of Bitcoin touched 50 in February. So to you, an experienced Bitcoin researcher, one of the reasons for the rise in Bitcoin prices was the approval of Bitcoin ETFs. Bitcoin price currently stands at 73.6K Bitcoin price has touched a record high and is currently likely to rise further. However, the price of Bitcoin is likely to pump once more before the halving. If the price of Bitcoin pumps it will definitely touch 80k dollars I think
The current halving has no influence on the whales, as can be seen from the price of bitcoin which only has an influence on the ETF, but has no influence on the halving. It is possible that the price of bitcoin will tend to fall by the end of this year and may reach your desired target next year.
That's right, current market conditions are not good, bitcoin is experiencing a price decline perhaps because no one is providing support, usually bitcoin will have price movements when there is good news, as happened a few days ago BlockRock bought bitcoin which ultimately made the price of bitcoin back up even if only for a while.

15
Yes it has been happened already, Bitcoin price already breaked previous ATH. In 2021 Ethereum price was near aboit $5k. I think 2024 and 2025 is best time for cryptocurrency. In this year bitcoin halving will happen, after halving bitcoin price will increase. And when bitcoin price will be up then Ethereum price also increase there has no doubt.
The halving is only 2 days away, but the price of bitcoin on the market is not good, the price has fallen to the bottom, this is very scary and of course has a serious impact on the price of Ethereum, so with this incident it is increasingly difficult for Ethereum to reach the price you want.
Unfortunately, after the halving occurs, the price of bitcoin continues to fall and nothing can trigger the price of bitcoin to rise again. As I said before, after the halving occurs, it will definitely go down because it is clear that market conditions are not as usual.

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