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Messages - raflesia

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Altcoinstalks Username: raflesia
BTC Segwit/Bech32 Wallet Address: bc1q5fnx2t2kn34hqlefy7r45z22het39l67p2a5mn

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Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: January 16, 2024, 05:11:53 PM »
Bitcoin give more profit for investor that started accumulating very early when the price was low. Some Bitcoin investors prefer to wait until when the bull market is coming close that's when they will begin to rush and invest so that they will not miss the profit when the price begin to pump.

If Mr X bought his Bitcoin in 2022 for $20, 000 for 1 Bitcoin and Mr F buys his Bitcoin today that 1 Bitcoin is trading for $42,113, who will make more profit when the bull market starts? If bull market starts, the people that bought Bitcoin when the price was very low will make more profit than people that bought today.

Always Start accumulation very early, don't wait until when bull market is close before investing.

Many people just happen to know about bitcoin or have a plan to buy it the moment they see the market price going up, and it's making headlines on all news sites and social media. But for such people, I don't see them as those who qualify to be called investors, as many of them are just there to see what they can achieve from the market in a short period of time.
 
And aside from the profit part, many who buy on FOMO and don't plan to hold for long always end up losing some of their investment as a result of the price picking a reverse and won't return so quickly, which means those who are not patient will sell off before market correction.
That's the context of the title OP made because it's a FOMO where they just want to buy because the progress looks good without learning about what they're buying which makes it difficult for themselves.

Situations like this always happen to new people who are in the crypto space which makes it even more difficult for them because in the end there is no readiness from themselves because they only enter crypto for false profits because they don't know how crypto works.
Therefore, it is important for us not to follow that way. being in bitcoin can make this a good position but on the contrary being here can also kill yourself with uncertain expectations when you don't know how it works.

3
If the choice is only to the 5 voted then of course in this case I will prepare myself more to invest but indeed in this case I have also experienced trading and of course gambling which I still do because in this case I distinguish them with a specific purpose.
I do Investment to change the future life situation that I want to get well so investment is the right choice for my long term as for gambling it is not a business for us as players but it is just meant to relax the mind after I am busy with work all day and on weekends I use a few hours to do gambling just for entertainment not for business.

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Gambling discussion / Re: What are your favorite casino sites?
« on: January 15, 2024, 10:20:16 PM »
At the moment I have a few sites that I always play such as duelbits, sportsbet and stake which I tend to play more if I am free but because I have a tendency in sportsbook and in these 3 sites I think this is very good and enough to make me happy because of some situations that have although there are sites on my list that have to KYC in the end but I still do it not because I want my data to be spread for gambling sites but because of my belief that it is a site that is worthy enough for me so that the kyc is not too much of a problem for me.

5
Altcoinstalks Username: raflesia
BTC Segwit/Bech32 Wallet Address: bc1q5fnx2t2kn34hqlefy7r45z22het39l67p2a5mn

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Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: January 15, 2024, 04:39:18 PM »
It's hard for me to differentiate between FOMO and my own peace when buying Bitcoin because the FOMO from Bitcoin is so very strong.
Many members on this forum are very interested in being carried away by the flow of FOMO, including myself, but unfortunately I can't buy Bitcoin because I don't have the money.
Maybe the best way is not to buy Bitcoin because it's better for me to look for Bitcoin with my expertise in the Altcoinstalks forum, as I said, if women choose to buy Bitcoin, maybe for them it's better to buy "make up" or whatever they need for the household. ;D ;D
Actually in this case if they are old people must be aware that at least regardless of fomo or not they know they are in a good situation because after all when we buy bitcoin then indirectly we have also learned a lot over time but on the other hand for those who are only based on others (because buying only sees others succeed) and expect more expectations from the first purchase without learning anything that is what I think is a little difficult to accept.
Many beginners have great expectations but end up with disappointment because they cannot balance what is done in buying bitcoin with learning that actually must be prioritised before buying so that not a few consider this to be fraud because of the wrong way of looking at bitcoin from the start.

7
Bitcoin Forum / Re: Bitcoin hardware wallet
« on: January 13, 2024, 07:47:01 PM »
Hardware wallet is good though but I haven't make use of any since I started my journey here, and I have been using another recommended wallet which is Electrum wallet which has been cool with me and have never recorded any attack so far. Although from what few people already mentioned here it seems to be the best and ledger Nano or Trezor wallet is also good one to use as recommended
For Electrum, as long as we're good at protecting our seeds, it's actually one of the better wallets in the cold wallet space.
For hot wallets or cold wallets, it's the same thing if you're careless about how you use and store your seeds, it won't work so it depends on how you look after your wallet.

I personally until now still use electrum and for storage in a little longer time I use Trezor until now. As long as I use it I still don't have any problems and hopefully not forever because I really want to keep myself from carelessness to avoid being hacked.

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Pemula / Re: saran untuk pemula
« on: January 13, 2024, 12:26:41 AM »
Kejar target buat naik rank,biar bisa ikut bounty nih om,
kagak perlu juga om buat kerja target naik rank up cepat karena rank di sini juga gak mudah. cukup setiap hari ikut diskusi di mari , lama kelamaan juga akan naik rank
Sebenarnya yang terpenting dalam hal ini adalah tentang bagaimana kita berkontribusi dengan baik karena saya sepakat dengan apa yang anda katakan tentang rentan waktu karena pada akhirnya hal ini bukanlah sebuah perlombaan untuk mencapai rank tertentu dengan cepat sekalipun pasti ada kebanggaan tersendiri dan privilage yang lain ketika kesuksesan untuk menaikan rank dengan cepat tetapi itu bukan tujuan utama harusnya karena perlu di sadari bahwa ketika kita berkontribusi dengan baik maka rank juga akan mengikuti.

9
Altcoinstalks Username: raflesia
BTC Segwit/Bech32 Wallet Address: bc1q5fnx2t2kn34hqlefy7r45z22het39l67p2a5mn

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Crypto Wallets / Re: Which is the best wallet?
« on: January 09, 2024, 03:29:04 PM »
If the focus is only on bitcoin, I think hardware wallets like trezor or maybe ledger are still the best to date because there is no doubt in it in my opinion because I have felt when storing here as long as we don't give seed to anyone and store it safely then we will avoid problems but if it is for the whole like altcoins and bitcoin then I am not too tshu about it because indeed for some alt I still use trust wallets and hardware safepal until now and more in trust wallets because there are so many altcoins that are not very useful so I am not too worried about storing there.

11
Altcoinstalks Username: raflesia
BTC Segwit/Bech32 Wallet Address: bc1q5fnx2t2kn34hqlefy7r45z22het39l67p2a5mn

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General Discussion / Re: Inflation and investments
« on: January 09, 2024, 11:05:04 AM »
Inflation hit really hard specially in 2023. Many well know companies even go bankrupt. To deal all this is not easy. Some analyses are saying we will even see bigger inflation in 2024.
Talking about inflation, there will definitely be greater concerns from every country but indeed looking at the current situation it seems that all countries will start a new era because we know that the inflation that occurred in the past few years occurred due to several factors such as political conflicts between several countries that required war and of course the covid that hit and weakened the world from all sectors including the economy.

Now we have to start cleaning ourselves from scratch again because in the end this is something we have to do to improve our condition in order to avoid the problem of inflation.
In my country, economic experts say that the current situation regarding inflation is still under control but indeed this is also not a reference because in the end we must remain alert and careful so that when inflation starts to get higher we have prepared for it.

13
I don't really know about the site you provided because I've never touched it but one thing for sure in this case that I still hold as a guideline for myself is not to trust influencers too much because in the end they are also doing it for their own benefit.
The word coercion I think it is not justified by anyone and it is very reasonable if it is suspicious because after all when someone tells you to deposit more with the excuse of getting more benefits because it could be that this is their way to get bigger profits from you. I think you need to be more careful about things like this.

14
Bitcoin Forum / Re: Why is bitcoin stability important?
« on: January 08, 2024, 10:37:39 PM »
Bitcoin stability is also very important. When someone wants to invest in Bitcoin he waits for its downtrend. As the price of Bitcoin moves lower, those who want to hold Bitcoin and gain future profits invest in Bitcoin. By investing in Bitcoin they hope for its future growth and eventually see its value increase greatly. As can be seen, the price of Bitcoin reached $15,000 in early 2003 and reached $45,000 by the end of 2023. Those who invested and held on to Bitcoin early on have now benefited greatly.
wait, actually in my opinion your statement actually contradicts in this case, when saying about stability it is impossible for bitcoin to experience a decline like the words you describe in this case.
In my opinion by saying the stability of bitcoin there will be no rapid decline and increase so I don't really like the notion of bitcoin stability because indirectly if bitcoin is in a stable condition then they are like eliminating the initial concept they have built because until now we know that bitcoin is volatile with the volatility they have so that until whenever bitcoin will not be able to become something stable because in the end it is like injuring the characteristics and uniqueness of volatile bitcoin.

15
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: January 08, 2024, 07:57:52 PM »
The mistake of some people, including beginners, is to make Fomo purchases, which makes them inconvenient because they are unable to deal with the pressure they have.
We know the current conditions with the movement of bitcoin which is increasingly recognized to make a lot of new people in bitcoin just because they follow the existing trends and sometimes things like this are considered as a way for them to look slang (happened in my country) but they don't see the important point here because they only try to do that but don't want to learn bitcoin so that purchases are based on following along without any clear learning for them.
This is what makes things dangerous because they are like buying something without knowing what they are buying and not knowing the risks they have to face.

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