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Messages - itscryzie

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1
Bitcoin Forum / Re: Can Bitcoin Network Be Shutdown Or Hacked?
« on: February 20, 2025, 02:18:15 PM »
The Bitcoin network is very hard to shut down or hack because it is decentralized and doesn't rely on a single server. Even if part of the network goes down, the rest will keep working.

The network itself is tough to hack because it's secured with cryptography. But users must take care of their wallet security.

Overall, the Bitcoin network is safe, but it's important to protect your data.

2
Bitcoin Forum / Re: after the bull run, what's next?
« on: February 20, 2025, 02:13:52 PM »
for those of us who have been around bitcoin for some time now, we have experienced all the lows and the highs of bitcoin we know that after a bull run we will experience a bearish season that is just how the cycle is but i don't think the general masses are aware that bitcoin undergoes cycles

with countries like el salvador and usa highlighting bitcoin by integrating it into their future plans, how do you think they will take the following bear cycle? do you think trump is aware of this cycle? or will he also be anxious and listen to people who will spread fud during a time where the market is down?

Countries that adopt Bitcoin should understand its cycles, especially if they are betting on it. Most likely, major players, including governments, will use market downturns as an opportunity to buy more rather than panic.

As for Trump, it's hard to say how well he understands crypto. If he has good advisors, he won’t react to panic. But if he relies on the news and public opinion, he might fall for FUD, just like many politicians.

3
I do not see any evidence that the four year cycle  is what it used to be.

We hit a new ATH before the 1/2 a first. And we may not go over 109k for this entire year.

I am hoping I am wrong but the retreat to gold that has happened since trump got into office makes me nervous.
Well, for me it is too early to conclude for now because we are just on the half of the first quarter of this year so maybe things will get bullish somewhere between I should say third to fourth quarter which crypto or Bitcoin started to go uptrend based on its previous cycle so yeah.
We should wait, I agree with you, this is only the first quarter, maybe we should hold on until the middle of this year if we want maximum profit. But I think we will see a decline at the end of this year so be more careful holding our coins at that time, don't get caught because the price has moved down

The crypto market is always unpredictable, and it seems like growth could start closer to the third or fourth quarter. But also important to consider that a correction is possible at the end of the year, so it's wise to be cautious with long-term holdings.

4
Bitcoin Forum / Re: Future of Bitcoin
« on: February 19, 2025, 04:55:15 PM »
Many experts believe the altcoin season could start closer to mid-year, but I believe it all depends on market conditions and news. If regulations become more favorable or big investors start pouring money into altcoins, growth could speed up. So for now, I think it’s best to stay patient and watch how things unfold.

Yes. the altseason is still here and the market just needs positive news to get excited again and the government is also busy with its press releases almost every day. If not, my assumption is that the market will move slowly without having to always wait for the results of decisions about the current economic conditions. I think the government’s task that must be done immediately is to create jobs and maximum salaries for them. so. investment can be done by the community, monthly expenses for the family are met. This small salary is forced to work for a full month and all the reliance is on that salary.
Altcoin Season has not yet arrived, because Bitcoin hasn't reached the highest price for the Bullish season this time. Possibly after Bitcoin reaches a price of $ 120k, we will see Altcoin Season. This is just a prediction and can be wrong. But I read the comments of many people Dimari said that Altcoin Season was likely to occur in Q2.
Let's just wait for positive news that can encourage Bitcoin and Altcoin prices.
We have seen altcoin bull runs in the past and we are still seeing them, but the altcoin bull run has not been as expected. Most altcoins have not seen much growth in their prices. However, since the Bitcoin market is yet to become bullish, we may be able to see a big movement in altcoins as well. Some altcoins are still at a low price, which can lead to big profits in a bull run, especially Ether and BNB. There is a possibility of a big pump in the next 1 to 2 months, but it is always important to be prepared, considering both the positive and negative sides.

If the altcoin season really kicks off in the next couple of months, then the current low prices could be a great opportunity. But I think it all depends on Bitcoin’s movement. If it continues to grow, so altcoins will grow too. However the market is still very ubpredictable, so it's always wise to manage risks and not go all in based on speculation.

5
Bitcoin Forum / Re: after the bull run, what's next?
« on: February 19, 2025, 04:42:30 PM »
When I look into the market performance, I see it that it's most likely that we continue from here to more bull for all time high till we are completely done with the bull season, another thing we should also be looking out for about the bear season is that this may not come in at once, it may take a kind of gradual process till we fully emerged the dip, we shouldn't make the mistake on assumption for bear market when we are only having a little display of it's volatility or market reaction.

Yeah, the bear market rarely happens all at once; it usually develops gradually. The bottom may still be ahead, but it's important to be prepared. The market always moves in cycles, and after a downturn, growth will come sooner or later.

6
I agree. Bitcoin will always be the endgame for some investors from being active in some Altcoins that offers good potential I also did this because from the hype of Solana memecoins I end up holding my Bitcoin and forget it until I have to use it. Though I don't have that much but it is still better than nothing.

You made me to remember one influencer that bought one meme coin. What he did was that he wanted to follow the crowd to buy some meme coin during the initial listing but unfortunately, it was dumped on him, he wanted to secretly buy without his community but they dumped on him and he became one of the KOl of the meme coin.

There is no day that guy doesn't shill his bags to his followers, learnt he bought many as possible but never made anything, he loss more and he his waiting for another batch of people that will fomo into it again.
Those who are new to crypto and those who want to use crypto as a gamble will like memecoin and they will invest there. And memecoin has a very short hype while Doge had a long hype because of Elon Musk's pushing. But now his pushing cannot have the same effect on the market as before. And Bitcoin is the mother coin that controls the entire crypto world. And it is a legal currency in many countries. And it is also considered as an alternative to money, so no other coin can ever be compared to Bitcoin. So to invest in crypto, you first have to be able to accept the risk of investing in Bitcoin and then you can be able to accept the risk of investing in other coins.

Memecoins attract newcomers with quick profits, but their hype fades fast. Dogecoin lasted longer thanks to Elon Musk, but even that influence is weaker now.

Bitcoin remains the foundation of crypto, widely accepted and more stable. Before investing in altcoins, it's important to understand and accept Bitcoin’s risks first.

7
Bitcoin Forum / Re: Hold or sell?
« on: February 17, 2025, 01:32:59 PM »
How long we must wait for the Bitcoin dominance around 46%? I think the altcoins season has started but it is not the same as the previous altcoins season. Some altcoins have reached their new ATH, it may be the sign of altcoins season. Maybe Bitcoin dominance will be around 50% only, it won't drop more. Regarding the fear and greed index, I think it looks normal. So far, the price change of Bitcoin looks like still reasonable.

BTC is not on its last bullish leg, in my opinion.
That's when the alts would shine the most.
But it's just me, and my view on it.

Great point! I think that once Bitcoin starts to rise, altcoins will rise too. Usually, when Bitcoin starts growing, altcoins follow and often show even bigger gains. It's not just about when Bitcoin hits its peak, but also how the market reacts to that growth. So, if Bitcoin starts to rise, altcoins will also be in the green.

8
Bitcoin Forum / Re: Future of Bitcoin
« on: February 17, 2025, 12:27:04 PM »
Bitcoin has shown that it can still appreciate a lot, but I believe that along the way it has lost its function as digital money. Transaction fees can increase significantly during market highs, and confirmation times can also take a long time. As a store of value, it can be a great asset, and it seems that governments and regulators are starting to be more flexible with regard to cryptocurrencies in general.

BTC as for now is good for bigger purchases, for smaller ones - yeah, the main chain is not viable for that.
But the future holds the most fun and adoption for BTC, so it's no wonder it would have such big challenges even in the future to come.

I'd say that most people use bitcoin as a store of value than for everyday purchases. High fees and slow transactions make it inconvenient for small payments. However, with the development of technologies like the Lightning Network, these issues might be solved. In the future, despite the challenges, Bitcoin is likely to find its place in the financial world, especially if interest in it continues to grow.

if I were paying with cryptocurrency for small purchases, I would use cryptocurrencies like Litecoin or Dogecoin, which have lower fees and faster transactions than Bitcoin.

9
Bitcoin Forum / Re: Financial Freedom and Bitcoin
« on: February 17, 2025, 11:58:06 AM »
i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in

Yeah, Bitcoin has made financial freedom better, as long as there are internet connections on these areas where there are no banks, with just a crypto wallet, everyone leaving on these rural areas are completely free from the Fiat control. Everyone can be liberated from the Fiat control through cryptocurrency, and I think with time, more awareness and adoptions of cryptocurrency shall be a huge benefit to the unbanked areas of the world.

Cryptocurrency really gives people financial freedom, but relying only on it in rural areas can be difficult. Most stores do not accept crypto payments, and converting crypto to cash without exchanges can be a problem. Of course, many online stores accept cryptocurrency, but for everyday purchases like food or medicine, cash is still necessary. That’s why I believe the best option is to have both wallets: a bank wallet and a crypto wallet. This way, you can enjoy the benefits of cryptocurrency while avoiding difficulties in daily life.

10
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: February 15, 2025, 06:42:49 PM »
In additions, if they aren't that confident with their skills to start trading live they may engaged in Demo trading to boost their experience to know how the market are being controlled, though it may seems awkward but realistically this would also build their mindset and their overall thinking about the general behavior of trading. Trading on Demo helps to sharpen properly to be able to defend themselves while trading on live account this would enhanced their experience towards handling real accounts.
No, demo trading will never increase our experience. It is just a tool to let us know a very basic thing. If we want to boost the experience, we should try the real trading. However, you need to adjust your capital with your knowledge/ability/skills. If you are still in the newbie level, make sure to use small funds. But if you are an experienced trader, no problem to use a big amount of money. Also, you need to improve your mentality in trading by having further knowledge. Sometimes having better knowledge, will make us to be more confident and think a more realistic.
Well I feels there are more to know while using it but however, if that isn't right enough to use then better but as many newbie that tends to rush to join trade should be extremely careful while going live because live is hard to control. They could get tempted and deposit huge amount of money with the thinking they would have it double immediately they trade without knowing it's an easy way to fall apart.

I believe that demo trading was originally designed for beginners to learn the basics of trading without the risk of losing real money. It's a good way to understand how the market works, manage orders, and use the platform. While it doesn't replace real trading, it helps beginners feel more confident and prepare for actual trades.

11
All investments have risks, both short-term and long-term.
I agree that long-term and short-term risks also depend on our ability to analyze and strategize. If we have experience in analyzing and strategizing short-term, this is also good for making quick profits by buying and selling quickly, not just holding for the long term.
Well, Investing decisions do indeed entail accuracy as well as the ability to prepare for any outcome that may be encountered. All the actions to be made will ensure that there will always be benefits and risks that are both, tangible and future. Looking at the experience in the market we have we can be able to identify steps that will suits the goals that we have set. For those who like dynamic operations with shares and other types of securities, temporary operations as Buying and Selling transactions is a way to achieve business profit without waiting quite a long time. However, the method of holding assets for a longer term has its advantages as well. All decisions involve some risks and responsibilities so being prepared for both the decisions and the changes is very important in our investment plan.

Investment decisions require careful planning and the ability to adapt to market changes. Sure, short-term trading can bring quick profits but it also needs constant attention, while long-term investments offer more stability, but takes longer time.

There is no universal strategy—each investor should choose what fits their goals and risk level.

12
Bitcoin Forum / Re: Future of Bitcoin
« on: February 15, 2025, 06:23:31 PM »
It turns out there are many conspiracies or signs that the altcoin season is starting.
Earlier, I saw on Twitter (X) that one of the signs of the beginning of the altcoin season is when Bitcoin drops, and BTC-D also declines.
Personally, I no longer care about the altcoin season because, in my opinion, it has been ruined since the emergence of Trump's meme tokens.
Can't predictable yet when aktcoin season coming, recently have prediction qith market easily raise to higher price when Donald Trump officially become president of US.
But one month after appointing as US president, Donald Trump not talk yet about cryptocurrency and right now market keep going down and not stable yet for raiaing to the higher price. Will this month bitcoin and altcoin season coming again or we must waiting few months later have possibility to see altcoin raise up to higher price and get dominance from bitcoin.
i'm just the beginning of the year, so the possibility of altcoin season happening is still a long way off. many predict that altcoin season will happen in the middle of this year. After donal trump was inaugurated, it seems like we haven't heard any good policies that have made bitcoin prices soar. let's just wait.

Many experts believe the altcoin season could start closer to mid-year, but I believe it all depends on market conditions and news. If regulations become more favorable or big investors start pouring money into altcoins, growth could speed up. So for now, I think it’s best to stay patient and watch how things unfold.

13
Cryptocurrency discussions / Re: Cryptocurrency good or bad for loan?
« on: February 13, 2025, 10:09:45 PM »
Agree with what you said that everyone who wants to take out a loan will always experience risks and that the risk is determined by the ability that can be done, and for professionals, loans are common because when they have to develop, new capital is needed and if there are no funds, the best way is to use a loan that must have been thought out well before deciding on it.

I don't advise taking loans to investin cryptocurrency, beside we never know what's coming. Taking loans to invest means you are investing in a short term project so that you can you pay on time. And from what I understand about loans there are some interest that are added based on time factor. Let's take bitcoin for example, even if bitcoin price has been increasing from the genesis block there are still minor dips or dump period where the market experience downtrend and if your investment falls under this period you will definitely not get back profit except you decide to wait for long term which may lead to overlapping with your loan duration.
   I think this talks about it all.if you borrow a certain amount to pay back maybe within the apace of a month,you might probably not get back the capital or the funds you borrowed.Maybe or maybe not because the market season most times could be very unpredictable and unless you make your investment decisions with your own money, you have a certain percentage pf earning for sure cause the pressure of paying back is not there.
   Ive had a friend in this position before; lets call him donald. Donald borrowed a certain amount of money money while the market was looking good.With a time phrase of 15 days,he ought to pay back.after bout six days,the market experienced a complete turnover.Donald lost just 20 percent of the capital handed over ti him.In a bit of hurry to pay back, he made certain decisions which sounded completely abnormal to him later on after he lost all the money loaned out to hil.
  Point is that while you are investing with money thats not yours, pressure could make you take sone certain actions which you might solely regret later on.I do not personally sit on the idea of taking loans to invest.Though situations might  differ, whichever is best for you, uou take your action and make your own decision your self.
At the moment that it do runs up into your mind then it will be better that you should stop on thinking about getting up some loan specially if you dont have the capability on repaying up those loans then it will be better that you shouldnt be pursuing on getting one. This is why when investing on crypto or making up some trading then its always best that you should be only making use of the amount that you can afford to lose and if ever you dont have anymore budget then better not to continue on what you are tending to do specially that leads you on taking up some loan. As much as possible it will be best that you dont take one if possible.

Risks should be managed appropriately, that's literally all to it.
If a person has a very small chance of repaying said loan - it will cause trouble, lots of trouble in the perspective, loan in crypto or not, it doesn't matter.
   Managing risks while taking these risks too is important bit it is wise to know that some certain risks are meant to be backed out of cause certain tribulations should be welcomed.Its not particularly all about managing these risks,its about being wise when taking these risks at first hand.
 

Taking a loan for crypto investments is risky, especially if you're unsure about repayment. The crypto market is unstable, and even experienced investors can lose money. It's better to use only the funds you can afford to lose.

My advice is to start small: study the market and test strategies with small amounts. Risk management is important, but sometimes it's better to avoid risky moves.

14
In addition to the many participants, the tasks are also difficult, besides that many platforms from several social media are now quite strict in guarding our posts because they are considered spam and inappropriate. One account may be able to be monitored if there are many, I think it will not be fulfilled optimally and ultimately also affect the results of the work on the airdrop project.

Too many participants but to me there aren't too many participants, it's just that there too many people that are farming airdrops with multiple accounts and this is killing the work of other innocent and genuine participants that are trying to make money for them selves, there is no valid reason for someone to farm one projects with plenty of accounts.

There was a guy that farm Story protocol today with 15 accounts and funny thing is despite the team fought hard against sybil and farming, the guy made it out and that possibly mean to the guy understand the game better than everyone.

Airdrop farming is a big issue. Multiple accounts reduce chances for honest participants and harm projects. Although teams fight it, malicious actors find loopholes.

Maybe KYC or behavior analysis could help reduce risks.

15
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: February 13, 2025, 10:02:12 PM »
You are right that some old coins still exist but the cash flow such as the market trend is not as strong as it used to be the truth is that as long as they still exist and people are still using them for transactions, it is still worth it and it would still be in existence as long as it is reliable and has proven records in the past.

If the chain of the project is alive, then the coin would be alive too, it's no wonder.
Because if people are using it, they are still interested in such project and the potential it probably has.

I agree that old coins can remain relevant if their blockchain is active and people continue to use them. However, it's important to consider that the crypto market is rapidly evolving, and projects need to adapt to new demands and technologies. Even if a coin has a proven track record, its future depends on the team's ability to develop the project and attract new users.

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