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Messages - de_prof

Pages: [1] 2 3 ... 103
1
Bitcoin Forum / Re: Future of Bitcoin
« on: May 03, 2024, 04:39:53 AM »
The bitcoin technology is in our hands, we have the right  of making decision on how we want to have its impact on our lives, if we go by in the continuation for its adoption, then its going to be sustainable for us to use, but when people are not supporting the use of the technology and there is no increasing rate of adoption over the coin, then it may not be as that easy for us to see it getting to the right peak it could have attained if there were more bids for adoption, so we determine the future and how it stays to remain relevant through our adoption.
For now only people who have high confidence in Bitcoin are interested in adopting Bitcoin because some people think Bitcoin is too expensive even though Bitcoin has great potential to reach the price of $100k.
You're correct when you say that only those who have high confidence in bitcoin are actively adopting and investing in it at this point in time. And to be able to develop this level of confidence, one needs to believe in Bitcoin's long-term potential and overlook the short-term fluctuations, because only that way can one successfully invest in bitcoin right now.

A lot of investors right now might probably be hesitating or have conflicting thoughts and emotions due to the current market price, because they believe Bitcoin is now too expensive to afford despite the potential of bitcoin to reach $100k.
If you feel Bitcoin is too expensive to buy, it's best to buy it according to your ability or according to the funds you have. Because in the next few years, the price of bitcoin will be more expensive than today. buy while you can and it's still cheap, because the price of bitcoin will probably be more than $100K

2
Bitcoin Forum / Re: High fees is a never ending story?
« on: May 03, 2024, 04:29:52 AM »
The immediate increase of transaction fee is cause by a network congestion. So we need to focus on how we can solve the congestion. This similar problem is trying to be solved by the second largest cryptocurrency which is ETH but it won't work. If ever the time will come that the network congestion is solved, the problem of high fees will never end. When the price of Bitcoin increases, as well as the fee.
Yes, when traffic is high there will be an increase in gas fees, this makes many investors complain. Ethereum does not have a high gas fee solution, because it is still expensive until now. This is what makes users switch to Binance smart chain, Solana and Tron.

3
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: May 03, 2024, 04:26:19 AM »
In fact, there is no compulsion to make everyone care about the Bitcoin Halving event,... but based on the history of Bitcoin Halving that has occurred, we have encountered a bullish market movement which has caused many holders to gain large profits in a short time. The price pump occurred after the halving... and it clearly made many people experience an increase in their portfolio.

So... anyone has the choice to care or not care about the Bitcoin Halving... and because I want to take advantage of this moment to gain greater profits, I decided to care about the 2024 Bitcoin halving moment this time.
Yeah maybe it will only serves as an indicator of something like an accumulation period for holders. For serious investors I think halving has significance but for us who can do nothing about the event I think we just don't mind it.
In fact, halving is always important for those who have bought bitcoin during the bearish period, to determine what price Bitcoin will reach after the halving. I myself am waiting for the halving because, I planned to buy bitcoin and several altcoins when it experienced a correction and I have done it here, bought solana and BNB

4
Bitcoin Forum / Re: Has the bear market started?
« on: May 03, 2024, 04:23:51 AM »
Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
I Believe now happening biggest correction for bitcoin, and i think within short time bitcoin price will bounce and Bitcoin price will gradually go for new ATH, which will historical moment for bitcoin and cryptocurrency lovers.

After Bitcoin halving Bitcoin price decreasing thats means it is correction. Near future bitcoin price will come back to his real position. I think future will be bull session and bitcoin price will hit another ATH.
I agree with this, the market condition after the bitcoin halving is just a correction, and the price of bitcoin will rise again and touch the latest ATH, so we don't need to panic. This morning the price of bitcoin strengthened again, hopefully it will continue to reach more than $70K again.

5
Ethereum Forum / Re: ETH predictions of next week.
« on: May 03, 2024, 01:49:16 AM »
Bitcoin is the King of crypto, so it is natural that bitcoin movements will influence the price of other coins. Let's just see, when the price of Bitcoin fell, almost all coin prices also experienced a sharp decline. but this is still a correction so keep holding and hold until next year
Even though bitcoin is the king of all existing cryptocurrencies, unfortunately it still has very high risks and there are still very few countries that accept transactions using bitcoin, perhaps they realize that the very fluctuating price movements of bitcoin make them afraid to use bitcoin as one of the transactions used.
precisely because of the volatile nature of bitcoin, many investors choose to invest in bitcoin, because we can get big profits from this more quickly.
If we bought it during the bearish season last year and held it until now, we would of course have made a big profit and would not be affected by the current market correction. Isn't that right,  dude ?

6
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: May 03, 2024, 01:45:51 AM »
Only invest in crypto if you have got spare funds to invest, because crypto market fluctuates rapidly and there is a risk of manipulation. It will not be a good idea to invest in crypto by selling your fixed properties. There is no guarantee that you will gain profit, you may end up losing all. So be careful.
I agree with your suggestion, if we want to invest in crypto, we should use funds that are free and we don't need them in the near future. because we know crypto is fluctuating and difficult to predict. but if you sell property to buy bitcoin during a bearish season, buying at the lowest price is also the right decision. because bitcoin is more profitable than property

7
Cryptocurrency discussions / Re: Are you buying now?
« on: May 03, 2024, 01:43:15 AM »
I am not buying now because I am waiting for the final dump as i am already having my sets of good coin collection but i will not deny myself from buying again once bitcoin drops to 50k and below before the bull comes sooner.

Many might not agree but what you are doing is wise based on how the market is behaving currently. Even though we are passed the halving event and the market generally goes up after this point based on historical data, there are no clear signals as to which direction the market might move next, so those who have bought their favorite assets earlier and are holding, they don't need to be in a rush and buy more before the market makes a clear move.

This way, if the market starts going up, you have nothing to worry about because you already have some cryptocurrencies to give you good profit, and in case the market takes a plunge and goes down, you will be able to buy and add more to your bag, so it's a win-win situation if any of the two happens.
thanks for the support mate and yeah my waiting has come because yesterday bitcoin drops 56k and yeah I have used all my
remaining available funds to purchase bitcoin again and for this i really believe in my instinct than listening to those who delivers
speculations that mostly doing just to fool people inside the market with no valid proof of what they are saying.
The right step if you have used your remaining funds to buy bitcoin when the price fell to $56K, because the price of bitcoin has now risen again. so you can make a profit in a matter of days. but you should hold bitcoin for the bullish season, because it is possible that the price of bitcoin will touch $100K.

8
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 02, 2024, 11:06:15 AM »
There's really a lot of tension in the market right now and so Manny Investors have grown anxious about the future of Bitcoin since this wasn't what they initially had in mind, some investors were actually caught in the middle of the Bitcoin Halving hype and so their expectations after the halving was for the market to be in continuous green, but seeing all the red has made so many of them very anxious.
Yeah, if Bitcoin fails to reach a new ATH by the end of this year or possibly starting of next year up to the middle and still nothing, then that could be a sign that the current bull run is finally over and achieving another ATH in 2025 will appear to be quite challenging.
I will advice you speak for yourself and not for the general investors bud, as we can't really tell with certainty, what other investors are thinking or what they feel about the current condition of the market aside what we ourselves feel or think.

If you believe that there is alot of tension in market, and investors are anxious, then those investors must be newbie investors, for no bitcoin investor with good experience of the market will feel anxious or be in suspense as a result of the current condition of the market, if you yourself have good experience, you should understand and agree with me that this is a good buying opportunity for us all.

And I think its absolutely wrong to give bitcoin a time frame to reaching goals, doing this puts you and your bitcoin investment at risk, because there is the possibility that Bitcoin wont reach your set goal at the time you supposed it should, and this may make you dump your coins believing it's over, and just then, you will wake up the next day to see bitcoin above $100k with over +500% rise in less than 4 hours.
If you are investing in bitcoin, invest for the long term, and stop caring about short term gains.
Bitcoin could suddenly rise 500% as you say, when we wake up from sleep. it can happen, because bitcoin is unpredictable. In market conditions like this, we should not panic and if we still have free money, buy bitcoin and other potential altcoins in preparation if the bullish season occurs next year. Holders of large amounts of bitcoin, let's call them whales, remain calm and wait and some even make purchases.

9
Ethereum Forum / Re: When etherium Hit $5k
« on: May 02, 2024, 11:01:29 AM »
why we keep talking about who will beat ethereum and when this will be overtaking? why not support each coins depend in your desire and plans?
because for how many years of my stay in this forum i kept seeing this same topic that how many coins have already dumped now but back in the days these people uses as challenge against ethereum?

It all depends on the specific mentality of specific people, this has already become a kind of meme on the Internet, so many do not even understand that someone on the Internet is simply laughing at this and others perceive it as a rule And that in the end one must win, I I agree with you and I don’t see the point in who will be first, second or third, in fact it’s not important at all, but it’s important to buy some kind of cryptocurrency and sell it with maximum interest. At the moment, the salon is growing well, of course, buy it, but don’t forget about Ethereum and something that also grows very well
ethereum is a coin that has the potential to hold long term, I don't care about outside news reviews because I am a holder who holds bitcoin and ethereum for the long term. Currently I have plans to hold until next year, because I believe next year will be the bullish season

Yes, I see that we are aware and understand when there is growth and when there is a fall and you are doing everything right. That you will hold all your assets until next year until 2025. More precisely, most likely this will be the beginning of the year, as usual at this time there is a very large growth in markets including cryptocurrency
I agree with both of you, we should hold onto our assets until next year. because looking at current market conditions the price of bitcoin has decreased to below 60K USD, this makes many people panic. stay calm and wait, bitcoin will rise again, if there is no bad news attacking bitcoin.

10
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 02, 2024, 10:18:40 AM »
Yes, professional traders don't have any supernatural powers so they can't guarantee that they won't lose trading. skill is required to be good at trading and professional traders have that skill to make good profit from trading but they cannot guarantee profit for every single trade they make. they also take a lot of losses but they can recover them over a long period of time by adopting various strategies. for this they can claim themselves as professionals.
Professional traders also experience losses and experience many bitter experiences that make them become professional traders. It all takes time. and as you said, a professional trader does not guarantee that they can always make a profit without ever making a loss, but they can increase their profits compared to their losses.
This is absolutely true, because in crypto trading it is sometimes difficult to predict and analyze.  So even though they are professionals, they will definitely experience losses and this can never be avoided.
A professional trader is good at managing their money, if they lose they will chase profits that are bigger than their losses. So the advantage of a professional trader is his ability to analyze, predict, manage funds and also his emotions. This is very difficult and takes a long time.

11
Actually, selling early or still holding it is an investor's decision. If we sell at the price and target that we set when buying, that is already a good step. And it would be a shame if there were regrets due to greed. Because greed is a bad emotion, we have to think rationalistically. In order to be able to invest with good analysis, you don't need to regret it when you sell and the price goes up high. because that is part of the risk and maybe our predictions are not accurate

Selling and holding is the decision of holders and if someone is selling at a lower price then it does not suggest that he will be in loss because we don't know at which price he has bought his coins. Buying price will show about your success so if someone is in fear of losing then he can sell at a lower price but remember that his selling price should always be higher than his buying price.

Once you get profit by selling then be thankful for your earning and if price goes higher after your selling then don't regret it because you will always receive what is in your fate. You should be confident about your decision no matter how high the others get but you should focus on your own target instead of following others.
If we buy during a bearish season and get a bottom, we can sell our coins when we make a profit. Even though people think we sell at a low price, as you said they don't know what price we buy at. and always be grateful for the benefits we get, we enjoy life better if we always feel like we have enough

12
Bitcoin Forum / Re: Is Bitcoin legal?
« on: May 02, 2024, 10:07:31 AM »

Bitcoin has a huge number of transactions per second and block confirmations take slightly longer than other chains. But you can do more safe transactions than other chels like Bsc, Tron, it is better to use Bitcoin through Bitcoin. If you want to do some small transactions, you can choose alternative coins and alternative chains to save transaction fees, such as TRON, BSC, these chains can save both your transaction fees and time. USDT is a stablecoin that carries a dollar value so it cannot be compared to Bitcoin
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.

13
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 02, 2024, 10:02:52 AM »

A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
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.

14
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 02, 2024, 10:00:30 AM »
Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
The correction is caused by the drop in Bitcoin price. If we analyzed, the correction of Bitcoin is very drastically. It dropped from $70k to $56k (current price). People stated that the drop will continue for the next few months and Bitcoin price is predicted to drop to $40k. This condition surely makes people be panic. I even feel a bit panic as well. However, I think the price may increase again in the end of this year and in the early of 2025.
If anyone predicts Bitcoin will fall to $40K, keep holding Bitcoin and wait. because I believe this is not the end of bitcoin after touching ATH before the halving. Bitcoin prices will rise again later this year. I still believe bitcoin will touch more than $80K

15
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 01, 2024, 02:50:06 PM »
Do professional And experienced traders lose money share your opinion on this
Of course professional traders lose money in their trades. No trader can say that he hasn't lost money in his business so far, it is almost a guarantee that he has lost money when he started his business. I am not a professional trader but I am fairly well connected with trading but from my point of view there is no trader who has not lost because I have lost a lot of money while trading. However, even if there is a loss in spot trading, there is a possibility to recover that loss and if it is connected to the future trading platform, then there is no possibility to recover the loss because if you lose money in the future trading platform, it is lost forever.
Yes, professional traders don't have any supernatural powers so they can't guarantee that they won't lose trading. skill is required to be good at trading and professional traders have that skill to make good profit from trading but they cannot guarantee profit for every single trade they make. they also take a lot of losses but they can recover them over a long period of time by adopting various strategies. for this they can claim themselves as professionals.
Professional traders also experience losses and experience many bitter experiences that make them become professional traders. It all takes time. and as you said, a professional trader does not guarantee that they can always make a profit without ever making a loss, but they can increase their profits compared to their losses.

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