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Showing 20 of 51 results by Creeper0
You have to remember that nothing is permanent in the investment market. You are overjoyed to see the rise in the price of Bitcoin today, it may not last long. We should be aware that the price of Bitcoin may decrease due to global instability and any other reasons. However, we should keep our expectations alive and continue to accumulate Bitcoin for the long term with our own financial solvency. By accumulation Bitcoin regularly from a portion of our discretionary income and sometimes by doing aggressive front load. You should formulate an investment plan keeping in mind that the Bitcoin market will be volatile. The DCA method is the best method for Bitcoin in the event of a fall or rise in the price.
You should formulate an investment plan keeping in mind that the Bitcoin market will be volatile. The DCA method is the best method for Bitcoin in the event of a fall or rise in the price. While we are committed to continuing our journey through the next cycle of Bitcoin, we cannot say for sure that Bitcoin will definitely high profit to us, but the amount of Bitcoin stash through discretionary income can put you in a great financial and safe zone in the face of a inflationary environment.
The volatility of the Bitcoin market is natural. Even an investor would be happy to see his portfolio grow. I don't think there is anything wrong with being happy to see the price of Bitcoin increase. When the price of Bitcoin increases, we are happy to see our portfolio grow, and when the price decreases, we should be happy to have the opportunity to buy more Bitcoin at a lower price. Although you should not focus on price in a continuous investment, it is better to be happy to have the opportunity to buy at a lower price when the market falls than to panic and sell.You should formulate an investment plan keeping in mind that the Bitcoin market will be volatile. The DCA method is the best method for Bitcoin in the event of a fall or rise in the price. While we are committed to continuing our journey through the next cycle of Bitcoin, we cannot say for sure that Bitcoin will definitely high profit to us, but the amount of Bitcoin stash through discretionary income can put you in a great financial and safe zone in the face of a inflationary environment.
Another reason to be happy to see new ETHs in the market is to see Bitcoin pumping and get more proof that the price of Bitcoin is bullish in the long run. These ETHs or Bitcoin increases keep Bitcoin holders awake and create more hope and interest in Bitcoin investment. You may not be happy if the price of Bitcoin stays the same. So Bitcoin needs both price increases and price decreases. I don't think stablecoins are worth investing in. I still enjoy watching Bitcoin's price increase and I will enjoy the price decrease as well.
I may not be too experienced or old to give any feedback here. I am not yet very familiar with the forum members or know anyone who would miss anyone. I don't even know what was on the forum before. However, I am interested in seeing everyone else's feedback. I am even looking for something older about the forum.
There are likely even guys here who have been stacking bitcoin for several years, and who might feel that their progress is slow, yet part of the challenge is to keep stacking even during times that the BTC price is going up... and each person has to figure out how to deal with how to keep stacking and dilemmas regarding the extent to which they might hold some cash in reserves for buying on dips... dips that may or may not end up happening.
you have said right, however I agree with you more that even though one has some funds kept to buy the dips there is no guarantee that the dips will even happen, so what's best is to keep stacking up whilst hope the dips happens some day which one could grab the opportunity to buy more, having the benefit of buying in discount. Its also good to plan to buy the dips, buy lump sum but best buying gradually and consistently which is more likely to be referred to as DCA. I find it very awkward that even in this day and time, most spot traders are still buying only when the market is green, they buys at the top and when the market starts retrace they sell at a loss in panic, without knowing that when trading the spot market, where the profit is, is where you buy, if you buy when the price is down, their is a higher probability that you will win that trade by selling when the market is green, but if you are buying at the top when it's not Bitcoin, their is a higher probability that you may sell in a loss if the asset you bought fails to recover in an extended period of time, so the earlier most spots trader understand that buying and selling has their own time the better.
This is entirely due to lack of knowledge and negative beliefs about Bitcoin. Even these things happen to people who cannot learn from their mistakes. It is not uncommon for those who still consider the red market to be the best for selling instead of buying, to suffer losses. It is quite easy to say from common sense that if you use the red market to buy, you are more likely to get a green market when selling. If you reverse it, then the results are also reversed. Use the red market to buy and use the green market to sell. If you buy in the green market, you will have no choice but to trade at a loss in the red market and you will lose yourself.Congratulations to all the winners. It was a really great experience. I have never participated in a pizza competition before. Hopefully I will be among the winners next time and be able to show off my craft.
Congratulations again to the winners and thank you to all the participants.
Congratulations again to the winners and thank you to all the participants.
The crazy part of this is that some people don't even know it is necessary and compulsory to have an emergency and reserve funds, some people feel that once they have gotten some fraction of Bitcoin they are now good, no need to invest again or no need to have emergency and reserve funds which very wrong. Investing only once won't give us the profit we need in years coming that is for someone that purchase a very little of Bitcoin and for someone that purchased a whole it will give them the profit dey want somehow but then you need emergency and reserve funds to keep that Bitcoin safe and untouchable in your wallet and failure to do this will result to unsuccessful investment.
There are some people who have not prepared an emergency fund and a reserve fund yet in their investment journey, but we can call them successful investors. The number of such people is very small, but they exist. So we cannot make emergency fund and reserve fund mandatory for everyone. I think it is very important and should be an integral part of investment, but not mandatory.Think about people who have a huge amount of cash flow that can bear their expenses for 10-15 years, do they need a separate emergency fund or reserve fund? That cash flow can fulfill the work of all your funds. There are even people whose responsibilities are on others and all their expenses are borne by others, is an emergency fund mandatory for such a person? I would say, no. Because he has an expense bearer for emergencies.
Your situation will determine what you need and what you should do. An emergency fund is mandatory for some people, and important for some people. So know your position and take the necessary steps. Don't put everyone in the same queue. You shouldn't even follow someone who doesn't need emergency funds. Because their situation is different and yours is different.
Be patient until people are at the end of their patience and wait for the declaration of war on corruption or declare war on corruption yourself.
This is not happening for now, because we also like to keep ourselves involved with corruption and like to benefit ourselves from corruption. So declaring war on corruption means declaring war on ourselves.
It is still good to think that the fragrance of some honest people is still found in the country. So maybe I also have hope for this country.
This is not happening for now, because we also like to keep ourselves involved with corruption and like to benefit ourselves from corruption. So declaring war on corruption means declaring war on ourselves.
It is still good to think that the fragrance of some honest people is still found in the country. So maybe I also have hope for this country.
⭐ Merited by JayJuanGee (1)
Well, basically this is very important that having an emergency fund is very important for a Invest. When you invest in Bitcoin at a fixed price and then if the market falls, you can use that emergency fund for any necessary purpose. It is important to collect an emergency fund before buying Bitcoin, it will always be a good plan for yourself and it can benefit the investor in any bad time. I think such a plan would be a good step for real investors where they invest according to a percentage, save some percentage and leave some for an emergency fund. Many times this emergency fund is very useful to deal with emergencies, every person should have such an emergency fund plan that will always benefit them.
I disagree with you and I think you are completely wrong here. Because the use of emergency fund has nothing to do with the price of Bitcoin. Although the price of Bitcoin falls. Regardless of the price of Bitcoin, it is important to have an emergency fund ready so that you do not have to touch your investment funds in case of an unexpected emergency. It does not matter whether the Bitcoin market is falling or rising. You should not even wait for an emergency fund before buying Bitcoin. An emergency fund plays an important role at any time as a preparation for a real-life crisis. Even if you do not have an emergency fund already, you can still buy Bitcoin and continue to invest. Because, an emergency fund becomes very important after you start investing. Waiting for an emergency fund before starting investing is nothing but delaying investment and delaying investment even when you have full capacity will not be wise.- So use an emergency fund at the last moment of emergency and keep your investment intact.
- And don't wait for an emergency fund before buying Bitcoin.
- ]Let your emergency fund be part of your post-investment plan.
I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.
I am a bit confused by your sentence. How can we be affected by inflation while investing? From my limited knowledge, what I understand is that with inflation, your income will also increase and you will be able to buy the same amount of Bitcoin as before. For example, before inflation, your income would be 1000 fiat which is equivalent to $100. After inflation, your income would be 1500 fiat which is equivalent to $100. Here I do not see the possibility of your deposit process being slow. Due to inflation, the value of your country's fiat decreases, but the stable currency ($) remains the same. So I can clearly say that inflation cannot have any effect on your investment journey. I think your investment journey will be the same during an inflationary cycle.When Bitcoin fell below 100k, did you panic and sell or did you say DIP and buy? There was a good buying opportunity and Bitcoin recovered in just 1 day. It experienced an increase of over 5% in just less than 24 hours. I don't think people here will panic and sell, but there are so many uninformed people out there that many of them may have fallen into this trap.
Maybe there were some people. But I think the number is very small. Because here the regular advice is never to panic and sell when the market falls and not be influenced by the price list. Even keep your plan long-term and invest with unnecessary money. Most people probably agree with these sentences and they also carry such an attitude,So maybe not many people sold during such a market fall but most people are probably trying to take advantage of this situation. Maybe not many people could buy when the price fell below $ 100k, because it did not last long. The market recovered again and proved that the Bitcoin market is very volatile in the short term, but not in the long term. You can look back 1 year to get proof of this sentence that Bitcoin is upward in the long term.
I think Bitcoin is the safest, least risky and most reliable asset among crypto assets for long-term investment. Its pumping system makes it more reliable. Where other coins stay at the same price day after day and the price keeps going down, Bitcoin is on the rise in the long term. It is even better than other coins in terms of security. Altcoin and Memecoin investments are very risky even though they are long-term. So Bitcoin investment is really a good choice for long-term investment.
Bump
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In recent times where it is difficult to expect interest-free loans, your service is truly commendable. Especially since online loan services are very risky, many are afraid to take risks, where you are urging people to take interest-free loan services, which I especially like. I wish you all the best for your bold decision to provide interest-free loan services for the benefit of the people.Looking at the first service user.......
Hello Naija people, I’m new to crypto and I’m looking to buy a variety of coins to start my investment portfolio.
What is the best multi coin wallet that supports self custody and I can use to hold memecoins as well as btc and ethereum?
How bothered should I be about privacy too? I hear it’s a top consideration in the crypto space
First of all, welcome to the forum and the local board to start your journey. Since you are a new crypto enthusiast, I would suggest you to only invest in Bitcoin for the long term. I strongly advise you to not invest in Memecoin, because you are going to lose a lot of money as a crypto newbie. In the case of Altcoin, you may not get satisfactory returns in the long term as you would get in Bitcoin.What is the best multi coin wallet that supports self custody and I can use to hold memecoins as well as btc and ethereum?
How bothered should I be about privacy too? I hear it’s a top consideration in the crypto space
For crypto security, I recommend you a thread, where many important tips are given- uploading
How relevant is this forum to the survival of Bitcoin because thinking about it this is a good forum where everyone with an interest in Bitcoin gathers to actually learn and interact but what if something happens and the forum shuts down tomorrow suddenly, will that instill fear in the hearts of investors who are also members of this forum? I'd like everyone to answer from a sincere point of view because I believe the answer is personal. Will it be your indication that bitcoin has failed if this forum shuts down tomorrow?
I don't think Bitcoin will fail if this forum is closed tomorrow. Because those who have already learned about Bitcoin and have tasted Bitcoin properly will never want to leave Bitcoin, whether the forum exists or not. However, the progress of Bitcoin may slow down a bit. Because it is the best place for beginners to learn about Bitcoin and Bitcoin investment. Even for experienced people, it is the best place to be active with Bitcoin. So we will be able to realize some of its impact if the forum is closed, but it is wrong to say that Bitcoin will fail.I don't think it's understandable for an investor to sell part of his Bitcoin holdings because he finds himself in a state of crisis, then what happened to his emergency funds. This where the use of Emergency funds falls in or plays a vital role for an investor in this kind of dire situation. Instead of tampering with his portfolio to sustain himself during the period of this conflict at hand, rather he should make use of his Emergency funds to take care of himself since the conflict/war in his area have stopped him from accessing a job that will earn him money for the time being. It is only an investor that haven't setup his emergency funds at the time this kind of emergency situation struck that will be force to tamper with his portfolio. This is why it is very important for an investor to start building his emergency funds simultaneously with his Bitcoin investment using his discretional income once it's ready and available. Emergency funds are setup to protect our Bitcoin investments from any unforseen occurrence that may arise in the future.
I think an investor should plan his backup funds (emergency fund, reserve fund, cash flow and required funds) in such a way that he can handle an emergency for about 7-8 months. I am not saying that it is mandatory to keep such a huge amount of money in the backup fund. It may be mandatory to keep only 3 months of expenses in the emergency fund, but we should keep as much cash flow and reserve fund in our plan as possible. The combined amount of cash flow and reserve fund can be like 5-6 months of expenses. I think if someone can plan such a plan with a backup fund, then he may not have to touch his investment fund. Because most of the times emergencies do not last that long.Let discuss my Nigerian people about the future of Bitcoin because there are people who are still skeptical about Bitcoin because there are still those who considers Bitcoin as an experiment work that is still in progress despite all the progress that Bitcoin has been able to record in the few years of it's launching with recent move by many countries around the world to legalizing bitcoin and having National Reverses . Many still don't believe in Bitcoin and it's future potential. There is the school of thought that Bitcoin will gradually fade away in the future where do you see Bitcoin in the nearest future in twenty to thirty years times where do you see Bitcoin.
_____ what could be the reason Behind mass adoption of Bitcoin?
_____what are the future prospects of Bitcoin on the global stage?
_____ And for those who are still skeptical about Bitcoin what could be the missing link?
I can see Bitcoin skyrocketing in the future and I can see skeptics tearing their hair out. _____ what could be the reason Behind mass adoption of Bitcoin?
_____what are the future prospects of Bitcoin on the global stage?
_____ And for those who are still skeptical about Bitcoin what could be the missing link?
(Just kidding)However, the future of Bitcoin is always unknown and uncertain, but in terms of probability we can only present our expectations. Although we do not know what is going to happen to Bitcoin tomorrow, we can assume that in the long term the price of Bitcoin is going to increase and we have become very profitable investors. There is nothing much to say about those who doubt, because they will always doubt. They doubted when Bitcoin was worth $1, they doubted when it was worth $100. Even now, at $100k, they doubt that Bitcoin will not increase in price. They may even doubt in the future.
🍕 Happy BTCtcoin Pizza Day 2025🍕
One of the basic tools of investment is the source of income. In this case, the source of income is divided into two parts that we need, one is the source of discretionary income. There is no alternative to the source of discretionary income in the field of investment. If you want to invest, you must have a source of discretionary income.
I find it convenient to have an alternative source of income outside our main source of income to strengthen the source of discretionary income. This basically helps you earn extra money and makes your investment plan easier. For some people, investment planning with a main source of income is a bit difficult and they have to struggle to choose the money to invest. In such a situation, if they can find an alternative source of income, then maybe they will not have to struggle for the money to invest. They will be able to make consistent investments with alternative income very easily and they will not have to make too many sacrifices to meet their daily needs.
I find it convenient to have an alternative source of income outside our main source of income to strengthen the source of discretionary income. This basically helps you earn extra money and makes your investment plan easier. For some people, investment planning with a main source of income is a bit difficult and they have to struggle to choose the money to invest. In such a situation, if they can find an alternative source of income, then maybe they will not have to struggle for the money to invest. They will be able to make consistent investments with alternative income very easily and they will not have to make too many sacrifices to meet their daily needs.
I still do not consider myself a qualified person to give advice, because I have very little knowledge about crypto. From my little knowledge, I can say that there is no alternative to gaining knowledge to profit from crypto. Even for crypto investment, you should always use money that you can lose. Because the crypto market is very unstable, there is a high chance of losing here. That is, your money is at risk. In this case, if you have deep knowledge about crypto and knowledge about the coins, then you can make the right choice and make a profit. In this case, knowledge related to investment is also very important.
⭐ Merited by 1miau (1)
Bitcointalk name: Creeper0
Post link: https://bitcointalk.org/index.php?topic=5534287.msg65260794#msg65260794
Reason why Merit should be distributed: A post to help a beginner understand the difference between Bitcoin and Fiat.
Post link: https://bitcointalk.org/index.php?topic=5534287.msg65260794#msg65260794
Reason why Merit should be distributed: A post to help a beginner understand the difference between Bitcoin and Fiat.