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Messages - Dzwaafu11

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1
 Done. 8) let me continue promoting R7 campaign

2
Working honestly, carefully, and patiently in the crypto world will lead you to positive results. For that, it is considered that you should not be quick in everything you start, but rather decide on your research and inquiry and mutual sharing of experience. This is how it should look when you use a stake in some project. Betting is rarely profitable.
Due to the very volatile nature of the crypto market, trading is considered a very bad idea, especially for the newbies in the space, although crypto trading can be exaggerated, thereby making people think and feel like it is actually the easiest way to make profit out of the crypto market, while it is the contrary. Altcoin investment alone is very dangerous and carries lots of risks let alone gambling with your funds, that’s why it’s always advisable to always consider investing in Bitcoin and while at it, it essential to stay away from trading or gambling and always approach with the HODL strategy.
You are right mate, trading is similar to gambling and for that reason anyone who want to make good profit from crypto should only invest and not trade so that he does not loss te little funds that he has. The market is not friendly and is ready to liquidate you at anytime based on your involvement in trading. Investing in bitcoin for long term is like saving your future from financial challenge now that you have the funds to do it.

Trading is not the same as gambling. I don’t always believe that trading and gambling are similar things. To me these two things are very clearly different, though both of them are involved in high risk and high probability of losing your money, but to me the losses in trading can be reduced if you have the knowledge of trading,

while in gambling you can’t because you just predict and wait for the outcomes of the predicted while in trading you will be the one checking the market, managing the risk, and other things to avoid the risk, which is not possible in gambling. Also, trading can be for a long time, while gambling is just for some minutes or an hour. 

3
Bitcoin Forum / Re: What got you interested in Bitcoin
« on: October 01, 2024, 06:56:58 PM »
People who have been playing in the crypto world for a long time do not necessarily have Bitcoin and this is a fact.

You can’t blame anybody for owing bitcoin; it's a choice you can’t force. Some people have the knowledge of bitcoin, and everything about bitcoin is in their heads, but there is no money to invest. Will you blame this type of person? NO, they can do it anytime is not late; we can't be the same all. 

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Because I myself have been playing in the crypto world for almost 8 years, this is the first time I have assets in the form of Bitcoin, of course you all know where I got Bitcoin from.
My question :
Do all members on this forum have assets in the form of Bitcoin?
And

You see. But for the first time, it seems you wanted to criticise or something like that. I think this is the time you have money to invest in bitcoin all this while you do not have money to invest or you still have some personal reason why you didn’t invest in bitcoin, and no one can blame you about that.

 Furthermore, you asked if all the members of the forum hold bitcoin. It’s obvious that not everybody in the crypto space has an asset in crypto; some people are here to make money, while some people are here to have the crypto knowledge and know what is happening in the crypto space. 

4
Seeing trading is a risk, traders are always advised to do much research on their own before venturing into Crypto trading and also to trade as much as can be lost, and we all know that the bigger your capital, the bigger your profit. But viewing the crypto market, we see it is very hard to predict in person and even some prediction from analyst seems to be incorrect.

You have already said what I want to say here, since you know that trading is very risky and also that professionals make wrong predictions sometimes, which means they also lose money in their trade. This should be a reason for you to trade on your own, not until someone places a signal of their trade before you copy the signal and trade. You should know that doing it on your own is the best; it will even give you more confidence in your trade.

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I would  love to know, is it quite advisable to wholely depend on trading signals in trading crypto?
More like Forex Trading, where one can subscribe to getting daily trading Signals, Ive also come across such Signal provider through a friend, and he always testify of making profit on every signal posted on the platform.
Could this be legit?
I need some advice.

It is not advisable to rely on trading signals before you trade. Find your own way, strategy, and other things that will favour your trading experience. Relying on signals will not make you a professional trader since you are copying from another person, so it’s better you do it on your own. Just make sure you have the knowledge; you are good to go.

5
Basic Questions about Cryptos / Re: Be careful of the coin you invest on.
« on: October 01, 2024, 01:15:58 PM »
Is just remaining few days before the upcoming bitcoin halving, and base on the previous halvings that have occurs. Bitcoin always undergo a breakthrough (increased) in price , same goes with other coins. And this time around there are usually alot if hyped in market and alot of coin are also going to be launched. And alot of people are at there looking for who to scam ( through using Ponzi scheme and all such of related method). All am trying to say is that we should be careful on how we invest our hard earned money, by doing proper research before jumping into any form of investment expecially those who are new here , with the mindset of getting rich quick.

Newbies are too lazy to do research before investing, which is why they always get scammed at the end of the day. Also, many people think when the halving is about to come, every coin will pump, and they think at that time investing in any coin will favor them, but they forget that at that time scammers are also ready to scam everybody that falls in their victim.

That is why research before investing is very important because you already know about everything and won’t be worried about where you put your money, but not everybody understands this. 

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Though this space can make one to be wealthier. But is not something one need to rush is a gradual process even those who are investing and trading would understand.  This is the best time to invest and have some good coins in your portfolio, don't just go around investing all such of coins all coins potential differs. So focus on the main coin , and also coin that are well known.

People think because someone can get a huge amount of money from crypto investment any coin they see worth investing, they don’t know that there are some coins that even if you invest them, you won’t get anything in return. There is a possibility that you may even lose your money. Choosing what you will invest in is very important. That is why a self-decision is good, even though another person may not favour you.

6
I don't know why some people don't first try to analyze the risk involved in cryptocurrency before going into it, they most especially use to have a different perception far from what the digital network is all about, another thing is that they don't also make research on any crypto before investment, i don't know maybe its all about their laziness or the way they least place value on their crypto asset.

Exactly, and this is the reason why many people get scammed or lose their money in the name of investment because they lack the knowledge of how the coin they invested works; they don’t care to know the fact that about that coin all they want is profit from their investment; they forget that it won’t work that way.

However, this is not laziness but the way they least value things, even when they know that this is crypto and everything can happen to your money if you try any careless move. They don’t care how it goes; all they want is to make money. 

7
Cryptocurrency discussions / Re: Do I continue telegram Airdrop Bot Mining?
« on: September 30, 2024, 10:16:45 PM »
Telegram based minigames are the new trend of promoting newly tap-to-earn projects or play-to earn projects, and since they have gotten a lot of attention after $NOT was launched, many of the projects started to do airdrops using telegram bot, and were mostly based on TON network; but the outcome isn't coming good because most of these projects are paying dust, and this payment is now discouraging people from participating in the telegram based airdrop again. Hamster Kombat is the major one for now, and based on its token distribution, it didn't favor the airdrop participants, and if there listing price is not good tomorrow, I think it will be the end of the trend.

A normal airdrop is sometimes like luck because we don’t really know the one that will favour us. That is why sometimes we miss out because the one we underestimate will be the one to disappoint. Just like Hamster, everybody was expecting something huge from Hamster because they think they have already accumulated so much coin from the tapping, not knowing that people are too much for Hamster Kombat. They lunched it, but it wasn’t successful since nobody made them proud. They just left dust because nothing important is in the wallet. 

8
Cryptocurrency discussions / Re: If Bitcoin collapses, will Altcoins too?
« on: September 30, 2024, 06:52:44 PM »
We always associate bitcoin and altcoin every day, because these two elements are what fill the cryptocurrency space into a very colorful space...

Some agree that the two are related, and some agree that the two have different concepts....

So, what if Bitcoin suddenly collapses, will altcoin also follow in Bitcoin's footsteps?? Show strong reasons why you think so!

You notice that anytime bitcoin gets dipped, altcoins also follow the trend too? Because I realised that anytime bitcoin gets dumped, altcoins also follow and get dumped. That is why I can also suppose that if bitcoin collapses, there is a possibility that altcoins will also do the same thing. Although I know that it will be something difficult to happen, just in case it happens, I believe that is why it will be the result.

Further, another thing is that if this thing you are saying should happen, then altcoins will not follow immediately. There are some altcoins that investors will still choose and invest in their money because, in crypto, investors always come to pump money into some coin, so there are some coins that investors will still choose to invest, even though it may take much longer compared to bitcoin investment, but I believe there will still be some coins that people will invest in. 

9
Altcoinstalks Username: Dzwaafu11
BTC Segwit/Bech32 Wallet Address: bc1qmu9vmamsv3995d744pqg24f44p04qzc8pqdwy7

10
Cryptocurrency Trading / Re: Long term traders vs Investors vs Holders
« on: September 29, 2024, 07:11:15 PM »
Do you consider these three entities mentioned in title same thing or different? If latter, what's difference between each of these entities?

To me, they both have a plan for the same thing, which is profit, so regardless of how we are going to differentiate this, it will still come and end up in the same thing, which is why I said it was almost the same thing. They are both looking for profit. A long trader is trading for a long time; before he makes a profit from his trade, it will take some period of time, maybe a month or even more.

Investors and holders are almost always doing the same thing. But investors may not be for a long time, while Holders are people who are ready for a long-term investment. 

11
Yeah, as someone who is not very active in some potential cryptocurrencies, I am looking for something that is also hype but not a tap-to-screen mechanism like DOGS or HMSTR...
I might have missed some information lately, so looking here might be better for me


The thing is that many exchanges not on coins/tokens are not getting this hype from Telegram. Even Binance bought a mini game to Telegram recently, so I think the hype will continue at this moment because Telegram is now another means that all these developers are using to bring a coin, and from there they will get the hype, and millions of people will start knowing about the coin and also easily get lunched through there.

 DOGS and HMSTR hype was not comparable; HMSTR was too hype, and that is why people got disappointed in them, but nevertheless, I just believe that more mini games will still come to Telegram. The app is now beyond just messaging and receiving messages. 

12
Basic Questions about Cryptos / Re: Avoiding Scams For Beginners
« on: September 29, 2024, 06:15:55 PM »
1. Never listen to an offer which is too good to be true: usually you just almost nothing and you can earn a lot of bucks just have some capital and turn your money to someone else.


Beginners think the crypto space is where you will earn quick money. That is why they fall victim to all these scammers. If they have the knowledge of bitcoin investment and other crypto investment, they won’t fall for it because they know how the market works and they know how to make money out of it, so actually they need to avoid all these offers claiming that they will get a huge return on their money, especially if they claim that the money will come quickly.

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2. Scammers are now getting so creative and even ahead of times when it comes to their crafts so always do some search and think a lot of times before you made the big jump.

Scammers are very intelligent; they can to any extent make money. Sometimes scammers may come to you in a way that even if you go to do the research, you will still find the same thing, but learning the concept of which the scammer is talking about is what matters, because if you have the knowledge of what he or she is trying to scam you about, you will definitely know where he or she is heading, and you will know that it’s a scam 

13
Bitcoin Forum / Re: What about your exit Plan ?
« on: September 29, 2024, 01:09:23 PM »
⭐ What are your exit plans for this cycle? (As profit booking is necessary for an investor)


Every investor must have an exit plan; that will be what he is going to be looking up to before selling the investment. The exit plan is just like when to sell the investment, and without it, there is no plan towards it. Although everybody will give you a different opinion because we have different plans for our investment, everybody has how they planned it; it is not the same thing.

That is why opinions will be something different from different people. When you want to sell, maybe when another person plans to buy more to add to his portfolio, so that is how it works. 

The solution to what you are asking OP is simple: if you are doing accumulation or dca in Bitcoin, you should really have a timeframe when you will sell your Bitcoin holding.
Besides that, you should also know at what price you will sell the bitcoin you hold.

You should make sure that when your price target is reached, don't hesitate to not sell it; instead, stick to your plan and do it according to your plan so that you have a commitment to your goals and plans.

Exactly. Some people plan and fail, and it really affects their investment because when your target reaches and you refuse to sell, as an investor who claims to have a plan and target, you may lose your money because the time you think the price will go higher and then you will sell, the price may go down because the crypto market is very volatile.

Anything can happen. That is why it is good to get a target and never miss out on that target. Always taking into consideration before investing a target to sell is very important.

14
General Discussion / Re: What are your insecurities
« on: September 28, 2024, 10:04:24 PM »
What are your insecurities? You can shear them so that people can tell you solutions here in this forum.
My biggest insecurity is not providing enough for my family, We are living in a third world country where the price is too high, the job is scarce and there is few opportunities, which is why our fellowmen prefer to work abroad.

Lack of job is one of the insecurity I always have. I’m a man that has family, and we are not in the era where everything is very expensive, so being unable to provide for people around me is so scary. I don’t really want such to happen, although we always have our side hustle that we do after closing from our government work,

but seriously, there is some insecurity that we just have to overlook because we don’t really have a solution for it. And there are other ones that we must solve, so it’s better we should utilise each and every opportunity that comes our way so we don't later regret our decision.

15
General Discussion / Re: Work hard and smart to be successful
« on: September 28, 2024, 07:09:02 PM »
In our society today, in order to be successful you have to work hard and work smart....
To become a successful entrepreneur, forex trader, business man/woman etc, we have to put in extraordinary efforts to work harder in order to achieve your goals, but it is not just working hard only, most people work under pressure, and without proper creative ideas and innovations, And if you are under that category of people, then you are wasting your efforts.
There is a common saying;  you can work like an elephant and eat like an ant...and the meaning of that is attributed to working hard and working smart, because  if you work hard without working smart then you are just wasting your time, resources and effort.
Every successful person in life has their set goals that they work towards, and if order to achieve those goals effort is required.  At times, there may be failure in some aspects, but more reasons to work harder is to avoid those failures and to be successful.
Consistency is also a key factor to becoming successful, because when you are Consistence to your work and you put efforts in it, there will be a positive impact.

Hard work always pays off. Work hard always leads to success. Putting in effort to do what you are supposed to do is always a good practice. Sometimes you are right that you said some people work under pressure.

 This is when something is disturbing you and you don’t have any other way to solve that problem than to work on what you are pressing for. So this kind of thing you will just be working on but won’t be in your favour, and you can’t even put your mind into it because it is because of pressure that you are doing it.

However, everything just matters if you are working hard; without that, you won’t go anywhere; it will be very hard for you to move forward regardless of how easy what you are doing is.

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