Quote from: elbans89 on February 28, 2024, 05:18:47 AM

Government permission is only needed when we build an exchange platform, but if you only invest buy and hold, you don't need permission from the government.  However, if crypto is used as payment, it certainly requires permission from the government, mate.  And in my country crypto is not yet permitted as a means of payment.

Maybe in a country that has a government like that, so you have a statement stating that the government gives permission to those who create exchange platforms, I would rather call it bribe money that must be given by the government.
As I know, the government really likes an agency that can give money easily while the government only issues paper with a stamp.

This means that your government has a neutral attitude towards the use of Cryptocurrency in its country and is not responsible if there are losses experienced by its citizens. This is different from several foreign countries which have provided clear statements regarding the prohibition of using Bitcoin or other Cryptocurrencies for transactions in their countries.

More precisely, the government expects income from crypto transactions, both from exchanges and other transactions. no government wants to be responsible for crypto transactions, because the government cannot control them.

Quote from: Gyrgen on March 05, 2024, 08:18:50 PM

I think one of the important indicators is the presence of your own blockchain. Next, you should familiarize yourself with the technical side of the coin, what problems it is trying to solve. And finally, look at which funds invested in this project and which team participated in the development. Having summed everything up, I think you can make a decision on investment.

Yes, you are right, the method you have provided is quite complete and this method should be able to determine whether the project is going well or not because a team that has high credibility will provide a good sense of trust for investors. However, currently there are many projects New people prefer to hide it but in the end the project was launched smoothly.

It is not easy to find projects that have potential and are expected to increase and become popular in the future. we have both carried out research in the past in analyzing new projects. To be honest, I'm not an accurate person in conducting research, that's why I prefer to hold safe coins like Bitcoin and Ethereum.

Quote from: vs2014 on January 12, 2024, 04:38:56 AM

point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.

As my acknowledgment what I observed that is I have never faced loss by long term holding, but while doing short term trading I have faced loss and it is not only once but many times. So in my case I think long term holding is the best way to trade. Because I don't really know technical analysis and technical analysis information is important for short term trading so short term trading will not be done by me. I think long term holding is much better than taking losses. And of course the invested coin must be Bitcoin.

I agree with you, long term is the safest. If we have good technical analysis skills, we can do short-term trading, especially. Some people choose to be a holder because they don't have the experience and knowledge of being a trader.

Simply put, I prefer Hold, because if I hold Bitcoin for a long period of time, I will surely get more benefit from it. Generally trading requires taking more risks and always researching the market. So the trade is to buy at a low price and sell at a high price, so if you want to buy at a low price, you should buy when the market is a little down. In this way, you should always prepare yourself for trading by researching the market, but if it is a little too much, you will have to face losses. In that case holding is very low risk only by buying bitcoins through market research and holding them for a long time the benefit will be gained. So anyone would prefer holding as I myself have been holding Bitcoin for a long time.

Trading is riskier, but when choosing the right coins for trading we can make a lot of profit, of course with large capital. Hold is the safest way to invest, by buying bitcoin and ethereum then holding until the bullish season, we will get big profits.

Although it is never too late to invest in Bitcoin as long as you can hold it for a long time, I agree with you. Maybe it's better now that we can start focusing on altcoins, because I think this is the time to enjoy our investment, especially if we enter at the lowest price of bitcoin at that time.

Now I see many altcoins that are also promising. We just need to analyze more deeply which coins we will invest in. Several coins have started to show very good movements recently.

For investors who have a good and accurate understanding of analysis, they can try investing in potential altcoins. I do that too but don't have great accuracy, so I keep more bitcoins than altcoins.

Now, many beginner investors are thinking about becoming millionaires overnight, even though it could happen, we also have to be realistic about what we do. Don't let us get caught up in investing in a sense of gambling, you are right about that.

We would probably all agree that one of our goals in investing is to make a profit. But come on, think more logically, don't let greed make us think about things that are beyond logical.

It is a misconception that you can become rich overnight, because investors in crypto need experience, knowledge of cryptocurrency and market characteristics. understand the analysis of both the market and the coins we invest in. sometimes most newbies get caught up in greed which results in a lot of losses, be careful and keep thinking logically and realistically

Quote from: therozaq on February 29, 2024, 10:25:17 AM

Yeah, bitcoin seems strong and shows good movement.  Bitcoin has touched $64K, it's too easy to hit previous ATH at this week.  I agree with you that if bitcoin touches $100K, ethereum will follow at a price of $7-8K. We'll see next month, bitcoin price will touch what price.

It is still very possible that the ETH price with what you mentioned because it is still reasonable if I'm not mistaken ATH was previously at $4,600 so x2 in the bullrun now is still very possible.

Seeing now that the ecosystem is getting stronger, many successful projects indicate that ETH could have jumped higher, for example, $10,000 is still possible, but this will still follow the direction of bitcoin where it will go because it will not be much different from the increase not a matter of numbers because it will not be comparable.

Me too, I also predict that ethereum will touch the highest figure in its history, surpassing the previous ATG, it is possible that ethereum will touch more than $10K.  Ethereum is the King of altcoins, although it will never overtake bitcoin, ethereum always accompanies bitcoin.  These two coins are very safe to hold.