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Showing 20 of 1,486 results by Inspiron14
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Board Trading Discussion
Re: Bitcoin trading and gambling
by
Inspiron14
on 18/07/2023, 02:04:15 UTC
I am more curious to know how they share some similarities. Like really how haha. if you are holding BTC BTCin your personal wallet how you will lose money? Besides you should say for the temporary time frame or for a particular time span the value of your holding might fluctuate but it doesn't means that you will lose anything.

I you really think its a loss than I cant say anything, if anybody else feels like this I would recommend being patient and wait for the moment of truth you will not regret exiting the market in loss.
The fact is that not everyone can withstand this period, when the balance on their wallet is significantly reduced due to the price drop. Those who sell during this period will lose money, but this is a rather long process and it will not happen as quickly as in gambling.

In any case, it is not worth comparing bitcoin trading with gambling, especially long-term trading, because these are different things. With proper understanding, buying bitcoin for the long term is almost a win-win option, and gambling contains much more risks and gambling is much more dynamic than long-term trading. You can always find a less risky option if we are talking about bitcoin, but it’s hard for me to say this about gambling.
It's not going to be as quick as gambling but if they buy and hold bitcoin for long period of time then they are going to make a lot of profit for sure. I can be sure that I have been making money since I have been holding bitcoin and that has been a proper period for sure. I am not saying that it's granted but that doesn't mean that it's not a good result neither. Sure it's not going to be guaranteed but you could make some profit with it without a doubt.

I think people who are trading with owed money for example are gambling, or people who do not know much about leverage and still do it are gambling, but when people are holding long term means that they are not really gambling and they know what they are doing as well.
Few people realize that at the beginning of the journey, holding bitcoins is one of the best strategies. I only realized this after a few years. So at the beginning of my journey, I was very emotional and I wanted to trade in the market, but as time has shown, I did it in vain.

Who wants to get rich very quickly, greatly increases the leverage. And then it looks like losing money in a casino. Only in a casino can you get more pleasure from the process of the game itself.
That's the process because we have to go through the process and everyone is different,
this experience will make us understand more and more what needs to be done when trading in the market,
in the casino it would just be a waste of time and a waste of money.
Post
Topic
Board Altcoin Discussion
Re: This time for meme coin?
by
Inspiron14
on 18/07/2023, 00:57:15 UTC
You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

I understand and understand what you are thinking, that memecoin can indeed make us rich easily because the pump that is carried out can reach x100 in the short term,
but if you insist on buying memecoin you obviously have to be able to manage the risk yourself, and I hope you don't invite people to buy memecoin.
It's true that meme coins are not a safe investment because of the high risk,
so do it yourself and don't try to persuade,
besides that we ourselves also don't need FOMO and still do research before investing in coins.
Post
Topic
Board Economics
Re: Look for what to invest, not what to eat
by
Inspiron14
on 15/07/2023, 09:26:57 UTC
~
Well if we look at the condition of the OP then the analogy is like don't think too much about tomorrow think about a bright future even though if we look closely when we don't think about tomorrow and don't have something to eat then let alone for a bright future, even for the day after tomorrow or one week ahead we don't know if it still exists or not because we are too obsessed with the future lol.
Indeed, in this case there are exceptions if we are still lived by parents but I think everyone here is very mature to just ask parents for food.
Investment is of course good I definitely support that but that doesn't mean we do everything in investment so that just to eat is difficult.

I think before reaching a certain level of income, the income that you don't need to think of how to cover your basic needs, you shouldn't think of investing at all. It shouldn't be like this, "Well, my salary is small, so, I can't afford investing a lot, but I can afford investing $50 per month, so, why not?" No. Those $50 will be taken from your "unnecessary spending", like spending on your entertainment, entertainment of your wife and kids, and you shouldn't just cut that and invest the money. Because cutting on your happiness can cause nose-diving at some point, and we don't need that.
Make sure your family and personal needs are met after that I don't think it's a problem to start investing if there is still money left over,
other than that not always the investment generates profits and it must be considered,
The risks involved must be considered as important.
Post
Topic
Board Speculation (Altcoins)
Re: Is Cardano still a good investment?
by
Inspiron14
on 15/07/2023, 03:51:16 UTC
yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.
Yes regardless I still see ADA as a potential coin,
for long term investment it looks like it will be profitable and the important thing is to be patient waiting for the right time to sell it,
let's hope that when the ADA bullrun will reach a new ATH and we'll see.
this coin most certainly will have the chance of growing further if we see some rally and changing of season that is bullish season arriving.
honestly, there has been so many good coins with good potential has been rather stagnant, BNB is also one of them, despite the fact that there has been so many
events involving this coin it still rather stagnant, I don't know the exact reasoning but it seemed that majority of coins with high market capitalisation in general are just waiting
for bullruns to arrive,that seemed to most logical reasoning for right now.
altcoin ADA is in the range of altcoins that can survive during the bearish season, and can also follow the movement of bitcoin when it goes up and down. indeed this altcoin is one of the altcoins that can be prioritized for investment, considering that it will most likely also increase when the bullish season comes and it is also hoped that the increase will exceed the percentage of bitcoin, because that is what we hope to increase the investment risk, but also increase the target gain
ADA still remains one of the top coins and has potential too,
so if investing in this coin I think it is a good choice and this coin is proven to still continue to stay in the top rankings,
so don't hesitate to make ADA an option for investment.
Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
Inspiron14
on 14/07/2023, 06:03:33 UTC
From my observation, people don't have much regards for gamblers, they either see them as lazy people who don't like to work, or people who want to take shortcut to get rich. Although people are entitled to their opinions, but I don't like to categorize bitcoin in this group of " try your luck ". I know bitcoin is of a higher level, it's a decentralized digital currency that you can use to make transactions, at the same time you can cash in when the coin appreciates., or even trade it to make profit.

So having made all this comparisons, do you think that bitcoin can be classified as gambling?
You perhaps saying that gambling is those people who are lazy people that wanted to become rich instantly but Bitcoin does not. We can't say Bitcoin is for luck and easy instead, we work hard for it like we do in some form of investment. Therefore, it was not the right opinion to say that it was gambling because we know the future of our investment unlike we are in gambling.

Maybe, if you think about trading but still, it was not a form of gambling unless you never know what you are doing and you are now relying on luck which is a problem for most.
Trading is not just about buying and selling because we need to have knowledge and skills,
unlike the case with gambling I think it only relies on luck,
gambling will not make you rich and it will only waste time and money, so it's better to avoid it.
Post
Topic
Board Altcoin Discussion
Re: XRP - yes or no?
by
Inspiron14
on 14/07/2023, 03:44:35 UTC
Well this is very good news for investors that hodl XRP tokens. We are seeing profits of 70% from yesterday after the judge ordered Ripple is not a security. Profits went as high as 96% after the court decision was made. 

But we must understand that the law suit is not over. It is still a big victory for Ripple against the sec and for all crypto community. I think we will see more gains for xrp this week.   
Despite that this lawsuit is still not over but this should be celebrated too,
all of this is also inseparable from the role of the community that continues to support,
in the future hopefully there will be more good news for XRP.
Post
Topic
Board Trading Discussion
Re: How do I become a successful Bitcoin investor as a newbies?
by
Inspiron14
on 13/07/2023, 15:48:06 UTC
Knowledge will give birth to wholehearted confidence in investing because when you only hear the benefits of the way people are involved in investing, you will not draw conclusions. However, knowledge and courage are needed in facing risks, there is no place to make profits without risk involvement, but people must try to minimize these risks to a smaller extent.
Knowledge is the most important thing how to be success in trading exactly with cryptocurrency, but not all time depend with knowledge only because there are has skill and lucky how to be success as bitcoin investors. Some time after long time researching with some project or new coins for trading but many time miss out with our predicting and lucky some time can make us to earn much profit in cryptocurrency trading. Actually with knowledge can minimize with risk of trading but can't guarantee due how many trader have a lot of experienced in cryptocurrency trading but many time made the same mistake after investing and price drop later. Increasing knowledge is important but some time lucky could be moment help us how to be success in trading.
Investing is pretty simple, we buy the safest coins and hold onto them until the bull season comes. but indeed it would be better to learn first to know before investing, so that we will remain calm in the face of an incident. it's different with trading, knowledge alone is not enough to become a successful trader, experience is needed which we have to practice a lot of real trading. that way later we will have a graph of the progress of our trading system so that it is hoped that we can become professional traders, by trading in a pleasant manner
Basically, whether it's investing or trading, it's still important to learn first,
there is much to learn which is far more important,
besides what you mentioned above managing risks and controlling emotions must also be considered and sometimes people forget this.
Post
Topic
Board Altcoin Discussion
Re: Is ETH the King of Altcoins ?
by
Inspiron14
on 13/07/2023, 10:04:23 UTC
Ethereum is the second largest cryptocurrency after Bitcoin. No other ultracoin compares to Ethereum.  I have always considered ETH to be the king of Altcoins and I believe ETH is the most successful smart contract platform that other altcoins have yet to create such a successful platform. And anyone who prefers Ethereum to invest in Altcoins has the biggest fan base.Ethereum is very popular and I think if the gass fee can be reduced then its investment will increase.I always invest in Ethereum and hold some my wallet.
Ethereum is one of the most popular coins and there is no doubt about it,
Ethereum investment is always a good and safe choice for long term,
hope in the future it will grow and let's see.
Post
Topic
Board Economics
Re: Elon Musk and the fall of Twitter
by
Inspiron14
on 13/07/2023, 06:01:39 UTC
We, the users and followers, will decide which eventually fades or increase in momentum on social media. The kind of ecosystem Elon Musk and Mark established, the cruise we all take generates billions of dollars in revenue for them. Although We don't envy their extraordinary intelligence. Elon Musk shouldn't rely on Social Media investment to remain on top of the richest human list without challenge.

Mark Zuckerberg is not on the dick-measuring contest that is the Richest Person rank (top 2), so it does not make any sense to phrase it from that perspective. This is more of two platforms and their CEOs locking horns with each other [no seriously, what is Elon's job title at Twitter at this point?] and we can also expect Elon to order new features to be rolled out on Twitter in response to Threads adding more stuff.
Twitter's new rules to buy verified batches with money are considered unfair by users, and many have started leaving Twitter for this, and Facebook CEO Mark Zuckerberg took advantage of this opportunity.  Threads as an alternative to Twitter has already been downloaded more than 50 million times from playstore and millions of times for other OS as well.  Mark Zuckerberg thinks they will make it more popular than Twitter and have more market value than Twitter in a very short period of time. Now it remains to be seen what new decisions Elon Musk makes for Twitter's development

if Elon was a friend of Epstein he might just have a huge dick. seem not.

if politicians like Trump get censored in Threads, people i think will still choose Twitter. its the reason why Elon bought Twitter, it's for his political games while in Threads, there are only kids there who used to be on Instagram that already lost in the game by Tiktok. twitter though was in decline so there will be a competition between those 2 apps.

Regardless of whatever it is, I still see that with the existence of Threads, this will provide competition for Twitter,
this is a good thing and with the competition it will make them want to be the best,
new features will continue to be developed for sure.
Post
Topic
Board Speculation (Altcoins)
Re: what happened to the market today?
by
Inspiron14
on 13/07/2023, 04:46:12 UTC
As always market is in the roller coaster once again, with so many FUDs on going the market will have a hard time recovering from its dip. Despite all that, it still a good time to buy assets during these times because it is a discount price that eventually will have a good indications to rise up once the market to fully recover especially with the bull market seasons this year.
Can't change the way it works but to normally see it pump today and it dump by the following days. But guess what, I'd love how it is going as in this way we have been given the chance to buy low and sell high, it actually gives us favor to earn a profit. That is why we shouldn't have to become crazy and get worried when the price drop because it recovers again. And this is the reason also that we need to learn to hold and must control our emotions.
Sometimes there are still many people who panic and worry when the price drops and that makes them make the wrong decision,
this is the importance of us to control emotions,
in the face of any condition need a calm so that we can think clearly.
Post
Topic
Board Economics
Re: Invest in Marketing
by
Inspiron14
on 12/07/2023, 19:00:38 UTC
For your business,  brand, or product to grow you have to make a conscious effort to make it more.  Your service or product has to be superb,  but I believe your marketing needs to be better.
A product is only as good as advertised. 
Good products that can sell themselves will sell better if there is good marketing for them. Marketing is very powerful and useful to business that even bad products will sell well if they have good marketing to promote it. Many business people who know the power of marketing invest heavily in promoting their products, they go as far as hiring professional marketing teams that will use the full power of the media through adverts, become sponsors to major events and even Hire celebrities on contracts to promote their products. They spend a lot for this because they know they will make it back more if their marketing strategy is successful.
This is done because they know that good marketing will increase sales and many more things,
Indeed, investing in marketing requires high costs, of course, but with what you get, of course it's worth it,
Doing marketing is not easy either and requires competent people.
Post
Topic
Board Speculation (Altcoins)
Re: Buy more ETH.....
by
Inspiron14
on 12/07/2023, 08:12:34 UTC

Many investors has achieved a lot of profits from Ethereum investment, because Ethereum still remain the best altcoin  among other altcoins in the market. Now that many altcoins price is preparing to increase higher in the market, it will be favourable to use this period to buy more of Ethereum and other altcoins and hold for the bullish period to come before you can sell to make a reasonable income which is the expectations of every holders in this season. Investing half of your money on Ethereum and other coins like Bitcoin and apply long holding, I think it will help you not to experience failure in your investment in the future.

To me first choice of investment is bitcoin and if I have to choose an Alt then Ethereum is the best option. But keep one thing in mind that price of all Alts including Ethereum are tightly coupled with Bitcoin. Which means price will go up or down based on bitcoin price. You won't see Ethereum going to moon when bitcoin is going down or vice versa. Based on these facts I have restricted myself to Bitcoin.
Yes it all really depends on how Bitcoin moves and that's why Bitcoin is the king of crypto,
when talking about long-term investment I don't think anyone doubts Bitcoin because apart from being safe and well deserved it will also provide profit,
but certainly everyone has their own choice.
Post
Topic
Board Trading Discussion
Re: A opinion on regrets
by
Inspiron14
on 12/07/2023, 07:11:04 UTC
We regret about missing Bitcoin, then about XRP then about Ethereum then Doge then Shiba then Pepe (these are some top of my head and from what I've come across in my crypto term).

Point being there are always new opportunities and dwelling on regrets is futile.


In all phases in life, regretting is always insignificant and useless. That will not change anything but the fact that you are in a loss situation. However, you can’t change the past but you can always mold your future. So learn to let go and move forward by taking the risk now and investing into bitcoin. Your life will definitely be a lot different when you have bitcoin in your life compared to when you have nothing at all.
When we experience losses sometimes we regret and I think that is normal,
but if it happens excessively it's clear that it will only make it worse and a waste of time which is useless,
the future is much more important and we can change it for the better.
Post
Topic
Board Altcoin Discussion
Re: Thoughts on the Next Crypto Opportunity
by
Inspiron14
on 12/07/2023, 04:14:13 UTC
For me, I can see the next cryptocurrency opportunity is a "problem solver".
A project that solves the problem. Most of the cryptocurrencies we have right now are don't have yet any working product, or still not used in real life which for me is a red flag.

So my recommendation is a type of project that already have a "working product", good tokenomics and it is solving a real life problem.
I've seen projects in the past that has a use-case that's very beneficial for us.
The only problem though is that, either they have a small community thus, it failed because of lack of support, or the project rug pulled including the money that they have.

I believe that in the future, there will be projects that will be beneficial for us in our every day lives. I don't know what, but I believe that there will be. The problem with some projects right now is, they are focusing more on the money than on the project. We've seen projects that are asking for money towards the investors, and in return, they will create and develop the project. I mean it would be better for us, and for the developers if they will create the project first then ask for money to us investors. I just hope that there will be changes in the future.


the truth is, we have seen a lot of promising projects in this forum alone. before, i used to check projects in the ANN section. but lately, not really keen on checking them out. most of them don't have sincerity when it comes to implementation of their objectives. just quick cash for the dev/s pockets.
so if you want to have a lil bit of assurance that you will invest on a valuable project, better check in the top alts and see how they are doing with their developments.
Many projects are not promising and that's why always do research before investing in a project,
of course we don't want to spend time just for losses,
besides that sometimes projects offer big risks and the results we get are not worth the risk.
Post
Topic
Board Trading Discussion
Re: Why Not Just Buy BTC?
by
Inspiron14
on 11/07/2023, 16:00:28 UTC
This strategy has been followed by many big investors for a long time. However you can buy btc and store it in coinbase wallet and as far as I'm concerned there won't be any problem. In fact i have been using coinbase wallet for many years without any danger. Moreover, hide all your information and especially mail.
But if you get a bull market then it is better to sell even buying at this time is like a big competition for you target.
Your suggestion is really nice to my understanding, but I suggest that if you want to purchase bitcoin and store your bitcoin wallet that will be protected i will advice you to use electrum wallet  in which everyone is aware that it have a privacy and whenever you want to sell your bitcoin during the time of bullish market it will be very simple and easier to transfer the specific amount of coin needed directly to any exchange wallet, while it's recommendable to use Electrum wallet is as result of security of your bitcoin in the wallet
Or at least use a personal wallet because you have to think about security,
using the Electrum wallet is also a good suggestion and it can be considered,
obviously it all depends on the decision of each.
Post
Topic
Board Altcoin Discussion
Re: 10k investment
by
Inspiron14
on 11/07/2023, 10:09:30 UTC
Hi,

I’m looking to invest 10k, I’m trying to decide if to go with XRP or ADA.

In terms of holding I can do it for 1-3 years no real time limit. Not sure what returns I might get short term vs long term. ADA for example i might get 3 to 4 x return, however with XRP that might be a lot more should they win the court case.

My slight worry is what happens if XRP lose.

P

I think for long term investment where you mentioned 1 to 3 years it would be better to invest in Bitcoin. As per your guess if xrp wins then 3x to 4x return is possible.Also you have to think about xrp reverse, because complaint has already been filed about xrp. XRP, ADA is very good coin to invest.  But 10k is a huge amount so you can invest in bitcoin and ethereum as well as.It would not be right for you to invest so much money on only two coins,because it increases the risk.  So in addition to this you should analyze and add some more good coins.

I get that point, and it's valid. $10k investment is a good amount, and you can use other projects to invest portions of your money. There's  a good logic when investing, and if you believe that you will be able to manage to earn from those mentioned projects, then go and invest your money.

But if you think that you have some doubts or are unsure, it's better to split your money and do some deeper research before placing or deciding where to invest.
To be on the safe side, make sure to do your research before investing in a project,
although it does not guarantee to be safe but at least it can minimize the risk,
don't invest in just one project it's too risky.
Post
Topic
Board Economics
Re: Elon Musk and the fall of Twitter
by
Inspiron14
on 11/07/2023, 07:30:57 UTC
Do you think Threads will be a serious competitor of Twitter? People are eager to try new apps but also some old habits don't change easily.
I feel like Twitter was a dying place way before Threads and now they have to compete with them. Maybe the real fight between Musk and Zuckerberg is this one.
Absolutely, this should be one of the real fights that Elon Musk and Mark Zuckerberg are planning. The fight will be about who controls and is more influential than the others in the social media world.  Threads upon against Twitter.

The primary Twitter rival at the moment is Thread. It already has millions of users who have registered. That ought to be a good indication that Twitter should be aware that a formidable rival has challenged her and has the advantage of operating without fees in comparison to her. Even yet, it will take some time for Thread to catch up to Twitter. But We'll bet to wait and watch if Threads becomes more popular than Twitter in the coming years.

Threads is real competence to Twitter. Meta could've made plans about threads long back and kept it confidential. All of the sudden launched threads, if this had been revealed earlier Elon Musk might've worked on some changes. Anyhow the real competence is here. Twitter have got more than a billion users whereas threads have reached more than 50 million users within the few days of its launch. Lets see how good things were happening with these two. The premium that needs to be paid for Twitter and other paid services will have some cut in the price in the upcoming months so to keep its users than moving to the threads with more features.
With this competition, of course, this becomes even more interesting and maybe it will make Twitter discourage its intention regarding the policy of restrictions in a number of ways,
but it must also be admitted that Threads is truly amazing the number of users is so large and Threads can reach it in just a few days from its launch,
hope there will be a breakthrough from each of these applications.
Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin vs XRP?
by
Inspiron14
on 11/07/2023, 00:09:19 UTC
until whenever Bitcoin will be superior to Ripple, because Bitcoin is the king of cryptocurrencies, so it proves that Bitcoin is better than Ripple, therefore I prefer to invest in Bitcoin rather than Ripple, because the risk of investing in Bitcoin is smaller than Ripple and of course the price of Bitcoin will definitely continue to increase every time a bullrun occurs, so that will definitely give me a lot of profit in the future from investing in Bitcoin.
Obviously Bitcoin is the best and who doubts that I don't think so,
Bitcoin is a safer long-term investment choice because it has less risk,
especially with the current condition of XRP which can be said to be unsupportive, of course it will be more risky to invest.
Post
Topic
Board Trading Discussion
Re: Risk management
by
Inspiron14
on 08/07/2023, 10:32:51 UTC

_ Don't risk too much money, start with what you can afford to risk. Focus on the risk not rewards.

_ Identify potential risk as;if it goes down, if you don't take profit, if you don't use stop loss and if the coin goes against your analysis.

_ Reacting to risk, use stop loss and always take profit.
All that you have said above are correct, as they indeed correlate to risk management, and I think one of the most important of this rules is still the not to go into trading with an amount of money you can not afford to lose, I personally believe that this is the root cause of all other problems aside, or maybe most of it.

Anybody learning to trade should always start really small, that is, starting with a small amount of money, this is to minimize losing too much. Or more than expected.
True it is highly recommended to start trading with a small amount of money,
trading alone is so risky that a slight mistake in decision can cost you money,
so these risks must be considered and remain careful.
Post
Topic
Board Altcoin Discussion
Re: Is it safe to keep your money in bank?
by
Inspiron14
on 08/07/2023, 03:06:13 UTC
So far I have said yes if we choose a bank that is trusted and under the auspices of government, like in my country there are banks owned by the government.
basically a bank is a place to store fiat before blockchain existed. so in conclusion everyone has a different point of view between saving money in a bank or in crypto all have their own advantages and disadvantages
True we can't really compare and think who's better at keeping money in the bank or in crypto,
in terms of risk, each of them certainly has a risk because no one guarantees it will be completely safe,
but my own view regarding security I prefer to keep money in the bank even though there are many cases of money theft but in crypto I think the risk is far greater.