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Showing 20 of 21 results by Diuyen Kim
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Board Bitcoin Discussion
Re: Where is your bitcoin balance at the end of the year?
by
Diuyen Kim
on 30/12/2022, 08:15:51 UTC
The balance is in my wallet, albeit very little. I didn't think about selling, or even buying some more. I look forward to next year.
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Board Bitcoin Discussion
Re: Advantage of accepting bitcoin in business
by
Diuyen Kim
on 30/12/2022, 07:55:49 UTC
I think it's fine to pay with bitcoin, credit card payments are a target for scammers and hackers who can steal customers' personal information. When making cryptocurrency payments, customers do not need to share any personal data as the payments are completely anonymous. Also, those who value privacy prefer to use cryptocurrencies over other payment methods because the buyer cannot be identified.

But bitcoin payments have not yet become mainstream, and people still tend to invest in bitcoin.
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Board Bitcoin Discussion
Re: Another opportunity is coming, a time to hold
by
Diuyen Kim
on 30/12/2022, 07:06:40 UTC
Most people's judgment will be changed based on some news. This prediction may or may not be accurate. Buying Bitcoin now is also a relatively early entry. But if you don’t buy it now, two years later, facing the high price of Bitcoin, you will regret the choice you made today. If you choose to buy Bitcoin now, you have to hold it for two years or more. You must first determine whether you will stick to your original intention.
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Board Bitcoin Discussion
Re: We have been told: Invest only Extra money in bitcoin
by
Diuyen Kim
on 30/12/2022, 06:35:00 UTC
Investing with excess money is relatively low risk. If you use the money you borrowed to invest, you will bear more if the investment fails. Investing your stored money is less risky than investing with a loan. Most really don't have any extra money. But you can plan to save a little money every month for investment. Money is earned, not saved.
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Board Bitcoin Discussion
Re: why is bitcoin price important?
by
Diuyen Kim
on 30/12/2022, 06:09:26 UTC
Most people now make profits by investing in Bitcoin. Therefore, the price of Bitcoin is more important. Everyone is more concerned about their assets. People are not yet used to paying with cryptocurrencies, and many places do not support cryptocurrency payments.
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Board Bitcoin Discussion
Re: My dream has become a reality
by
Diuyen Kim
on 29/12/2022, 08:55:42 UTC
congratulate! We don't have any shopping malls here that use cryptocurrencies for payment. But people around me have already started to understand Bitcoin. A friend of mine is also considering cryptocurrencies as a form of payment. Perhaps next year, bitcoin payment will be one of the frequently seen payment methods. If I ever come across a supermarket that accepts Bitcoin, I might try to pay in cryptocurrency.
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Board Bitcoin Discussion
Re: Saving: If not Bitcoin Wallet then House for Fiat.
by
Diuyen Kim
on 29/12/2022, 08:32:08 UTC
I also don't have the habit of keeping money at home. I don't have a safe at home....I don't think it is necessary to keep it at home. Although it is possible for the bank to fail if it is placed in the bank, the probability is very small, isn't it?

Now it is a bear market, investing a lot of money also needs to be well planned, otherwise you will sell your coins because of funding problems before the price rises. Investing now is risky, if you can hold on to it for two years, then you can invest in Bitcoin and wait until the price goes up.
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Board Bitcoin Discussion
Re: What if the government of a country is irresponsible?
by
Diuyen Kim
on 29/12/2022, 07:58:14 UTC
Even if your country is irresponsible, you are still a part of the country, right?
The country will think carefully before making any plans, and they will definitely consider many consequences. Bitcoin itself is a means of fighting inflation. Bitcoin is volatile, and it would be a risk that no one could understand if it were all converted to Bitcoin.
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Board Bitcoin Discussion
Re: Are Your Kids Aware Of Bitcoin? Teach Them.
by
Diuyen Kim
on 29/12/2022, 07:27:56 UTC
I don't force my kids to learn about cryptocurrencies. I will tell them some interesting facts about cryptocurrencies, and if they are interested, I will continue to teach them. But some of the kids around me now know about cryptocurrencies. The same goes for my kids, they also know more or less about cryptocurrency. Because I also have some assets in cryptocurrency, and in the end it is all wealth to be left to the children.
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Board Bitcoin Discussion
Re: Today is the story of my investment in Bitcoin
by
Diuyen Kim
on 29/12/2022, 06:55:49 UTC
I think I should and would not borrow money to invest in a product that takes a long time to make a profit. I will use my extra money to invest in a planned way. Investing itself is risky. If you also borrow money to invest, your risk multiple will increase.

But if you can stick to your plan, I think I admire you and your courage.
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Board Bitcoin Discussion
Re: Bear market likely over?
by
Diuyen Kim
on 05/12/2022, 08:56:25 UTC
You can make money whether you are in a bear market or a bull market. Now the price of Bitcoin cannot be directly increased by 80% in one breath. Prices can only increase slowly. Everyone can only guess the price trend, but it is impossible to determine the specific period. But I think bitcoin will continue to rise in price next year. Early access to the market is now available.
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Board Bitcoin Discussion
Re: Will there ever be any safe centralised exchange ?
by
Diuyen Kim
on 05/12/2022, 08:28:49 UTC
A centralized exchange is equivalent to a bank. There have been many news reports of exchanges taking money away. There are also reports of a bank closing down and fleeing. The difference between exchanges and banks is that exchanges cannot fully guarantee the safety of our money. The country will help you if the bank runs away. But today’s exchanges are hacked all the time, and they are trying their best to protect our money.
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Board Bitcoin Discussion
Re: Ponzi scheme scammer uses BTC to cover tracks
by
Diuyen Kim
on 05/12/2022, 06:25:39 UTC
They won't let you invest that much money in the first place. Investing a small amount of money will result in a small amount of profit, and he will gradually lower your vigilance. When you slowly increase the amount of money, they will put your money in their pockets, and you will not be able to find out who they are. It can only be said not to trust others very much at any time, even if that person is your friend. Protect your money, the only person you can trust is yourself.
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Board Bitcoin Discussion
Re: Has the popularity of bitcoins reduced interest of people in stocks?
by
Diuyen Kim
on 16/11/2022, 03:52:21 UTC
I buy both stocks and bitcoin, but bitcoin is only bought and not sold. Stocks are for trend investment and hot mainline investment. The opportunity in the stock market is very good now. After the high point comes out, you can buy some more bitcoins.
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Board Bitcoin Discussion
Re: What are your thoughts when all Bitcoins are mined?
by
Diuyen Kim
on 15/11/2022, 03:58:00 UTC
When all bitcoins are mined, the volatility may not be so large. At that time, everyone should be paying with cryptocurrencies. Although you may not be able to witness the day when Bitcoin is mined at that time, our children will witness it for us.
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Board Bitcoin Discussion
Re: Is bitcoin really the future of money?
by
Diuyen Kim
on 14/11/2022, 03:54:20 UTC
The value of Bitcoin is comparable to that of gold. Bitcoin cannot be used as legal tender. Even the legal currency of a country is to save the country's economy and does not want to rely on the US dollar for development.
Bitcoin is an emergency safe-haven solution. It cannot be said that Bitcoin is the future of money, it can only be said that Bitcoin will exist for a long time in the future.
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Board Bitcoin Discussion
Re: I don't want to buy cheap bitcoins, I want to buy expensive ones
by
Diuyen Kim
on 14/11/2022, 03:35:33 UTC
When the price of Bitcoin rises, it looks more real. A lot of people will buy Bitcoin at high prices. When the price drops, they are afraid to buy instead. They fear their funds will be evaporated. Bitcoin prices are low right now, which I see as an opportunity.
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Board Altcoin Discussion
Re: Do not believe every crypto news you read online
by
Diuyen Kim
on 12/11/2022, 03:55:48 UTC
You must have your own judgment. Many friends who are new to the crypto world will affect their judgment because of some news media articles. A lot of FUD is because they promote some fake news on a large scale, causing people to panic, causing prices to drop, or enticing more people to buy a certain currency, and they harvest it.
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Board Altcoin Discussion
Re: Capital during sudden crashes
by
Diuyen Kim
on 11/11/2022, 09:09:41 UTC
People are always like this. When faced with all kinds of negative information, people have no time to react, and they have no time to distinguish the truth from the false, and panic has gradually become
Spread, they can only be forced to make a choice, whether to stick to their own heart or follow the public, but how did the first batch of public make choices, don't you think about it?
The power of public opinion is endless, and people want to control it and there are no measures that can immediately see the effect, and it may be counterproductive.
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Board Altcoin Discussion
Re: Understanding Whales and How Price Is Affected. I need someone who understands
by
Diuyen Kim
on 10/11/2022, 09:26:33 UTC
Buying on dips may not actually be a good strategy. The most important thing is to see whether the coin has popularity. If the coin is not hot, your money may evaporate.
The next problem with buying the dip is that a realistic strategy requires more detail than "buy when the price falls." Some questions to consider are: why is it falling? and when do we sell?