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Showing 20 of 217 results by Lubcub62
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Topic
Board Economics
Re: if you think 18k btc is low wait until autumn ...
by
Lubcub62
on 24/06/2022, 12:06:38 UTC
let's see. but I think the possibility to get there is very far. the bottom I think to $ 10k . but nothing is impossible if from $17 it will go back up and not down again. It also depends on the world economy. if the world economy improves. then optimism goes up again. If the economy worsens, prepare for the worst. although I didn't think it was that bad.
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Topic
Board Economics
Re: UK inflation hits new high of 9.1% as food and energy price surge persists
by
Lubcub62
on 24/06/2022, 11:47:43 UTC
for developing countries. inflation of around 10% has become commonplace. could be even more.
but at the level of a developed country like the UK, it will definitely be in the spotlight. because many developing countries highlight developed countries such as England. and indeed it is rare in developed countries that they can be hit by inflation today. it shows the severity of the economic conditions today in various countries. so that even developed countries are affected.
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Topic
Board Bitcoin Discussion
Re: China warns Bitcoin is heading to zero
by
Lubcub62
on 23/06/2022, 04:52:14 UTC
every year have gotten used to hearing this kind of fud. But strangely, the more funds, the more famous bitcoins become. So don't take it too seriously. just make it an annual entertainment. because many have said that about bitcoin.
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Topic
Board Economics
Re: Where should I invest?
by
Lubcub62
on 23/06/2022, 04:46:39 UTC
BTC will always be a good for investment even though its current price of is unstable but it is still good for long term investment. I have invested a lot on potential crypto project way back 4 years. The same scenario this date where the value is decreasing. But holding it for a long time it gain almost 1000%. This is how the flow of a crypto market, my piece of advice invest what you can afford to loose according to your financial capability and don't buy if you don't have enough reserve funds.
investing money that is ready to lose is indeed the best way. because after all the very high risk in crypto investment needs to be realized. I did the same thing as you did. Bitcoin investments are by far the safest compared to altcoins. But back to the assessment and analysis of each. because everyone has their own judgment and analysis. and one more thing to avoid in investing is to use the borrowed money.
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Topic
Board Altcoin Discussion
Re: Will the market rise in June
by
Lubcub62
on 22/06/2022, 01:12:24 UTC
likely the market will be green in july. however it depends on whether bitcoin is able to sustain its gains. because if the increase in bitcoin stops or there is a rejection of the resistance point. it is necessary to prepare for a continued decline that but anyhow the price now is good to start buying little by little.
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Topic
Board Economics
Re: Where should I invest?
by
Lubcub62
on 22/06/2022, 01:07:44 UTC
seeing the current market conditions then investing in bitcoin is the best for me. but if bitcoin continues to show an increase then it is certain that other coins will follow. so I think there's nothing wrong with starting to pay in installments to buy alt little by little so that when you go up you don't miss it. but still need to do research or in-depth analysis. investing is not like gambling. investment is that we are involved in it, so we need to do an analysis to increase the opportunity to enter at the right time.
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Topic
Board Altcoin Discussion
Re: Shiba Inu Could Reach $5 By 2050 !!!???
by
Lubcub62
on 20/06/2022, 01:47:27 UTC
In a very long period of time like that, it's actually not only shiba holders who will get huge profits and can make them rich in the future. but other coin holders can be the same. But the problem is whether cryptocurrency will still exist until then. or will there be a newer crypto generation created. but I believe that there are no strange events or phenomena that befall the world. then cryptocurrency will still exist and will even be much more accepted and used by the majority of people. so it is not impossible that shiba can reach $ 5.
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Topic
Board Trading Discussion
Re: Do real traders care about bear & bull market?
by
Lubcub62
on 20/06/2022, 00:19:57 UTC
day traders of course they will continue to trade in any market situation. because they do not keep any coins for the long term so they have limited profit and loss limits taken. so that their mentality is already trained. stop loss and take profit on the same day is good for them. for making money for their daily needs.

but for the long term. many also do not leave the market. they use DCA techniques and strategies. they will buy incrementally at the specified support at regular intervals. and indeed in this way the mental is also awake.
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Topic
Board Altcoin Discussion
Re: Why Depression Starts in Cryptocurrency Anytime
by
Lubcub62
on 18/06/2022, 00:40:15 UTC
Then never try to deal with crypto until you can control yourself. I just give you an awareness if the crypto market is a very volatile market and i think that this is a wise decision for you to think that if you were not touching the market. I know that if sometime crypto market can make someone become depressed caused by the volatility and you have been expressing what you felt about that. Im sure that if it's better if you are doing what i said above  Cheesy
yeah like you said.
and indeed before entering crypto trading we must first prepare ourselves. Like studying the market situation and techniques in trading. and psychological control is very important also in crypto trading because sometimes we are surprised by unexpected things such as the incident that happened to terra luna which certainly made a lot of people depressed, not even just a beginner but a pro was not missed from the heartbreaking events that occurred in terra luna.
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Topic
Board Bitcoin Discussion
Re: Newbies: Don't panic and learn to hold
by
Lubcub62
on 18/06/2022, 00:34:09 UTC
I myself am still very difficult to eliminate or suppress panic. Even though I've been trading crypto for quite a while, sometimes patience and greed and panic always appear and overwhelm me.
This happened because you don't choose to make peace with the trend that the market presented because if you do you'll only look for a way to make a profit out of the trend the market poses instead of panic.

However, the panic started when I used to trust influencers who provoked hype more and I was consumed by the hype and bought at the top. then when the price drops drastically. panic is unavoidable.
Cryptocurrency investment advice is to always dyor and if you follow most statements made by influencers you'll understand that they are only doing a marketing job which is either to increase the price of the coin they invested in or it a paid advertisement.

but here I prefer to analyze myself and collect news that can be trusted
These days no news is worth trusting because article writers also spicy up news and the best thing for you is to understand how 4years cycles of crypto work, how to select the right coin, and how to know good and exit points.
I am impressed with your suggestions. like you are a very experienced person. Well, that seems to be true. for now I have to be more careful in reading the news. because sometimes a lot of news is just confusing and ultimately unbelievable. because now too much news is made only for certain interests. such as spreading fud and so on. and indeed the solution is DYOR. I need to learn more and understand this crypto trading cycle very well.
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Topic
Board Bitcoin Discussion
Re: Accepting Bitcoin for your business just like Tesla: Report
by
Lubcub62
on 17/06/2022, 03:35:08 UTC
I am also quite interested in receiving bitcoins for my personal business. However, the obstacle that made me give up my intention was because at the moment in my country I have not been able to do it. because a few years ago even many hotels and cafes in my country accepted bitcoin as payment but were eventually stopped by the local government. because there is no legality. Maybe if there is a Tesla-class company in my country. then that would be another story. Because after all, there is no legality in my country because no big company has yet taken this step in my country. so there is no impetus for the government to legalize it.
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Topic
Board Bitcoin Discussion
Re: Newbies: Don't panic and learn to hold
by
Lubcub62
on 17/06/2022, 03:15:41 UTC
I myself am still very difficult to eliminate or suppress panic. Even though I've been trading crypto for quite a while, sometimes patience and greed and panic always appear and overwhelm me.
However, the panic started when I used to trust influencers who provoked hype more and I was consumed by the hype and bought at the top. then when the price drops drastically. panic is unavoidable.

but here I prefer to analyze myself and collect news that can be trusted so that I can determine the entry and exit with a little accuracy. so sometimes I exit the trade when I see signs of a decline. so when the price goes down I don't panic. because I was already out before the mass panic came. confident and Dyor.
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Topic
Board Altcoin Discussion
Re: How can i earn a passive income with Altcoins?
by
Lubcub62
on 16/06/2022, 01:21:45 UTC
for some people to earn passive income from altcoins is very difficult. unless you have a large number of stablecoins and then you bet like on binance. But for those with small capital it will be difficult. I myself can get a decent income but it can't be said to be passive income. High risk is one that must be faced in alternative coins. So I myself do not choose to invest long term in altcoins. and I actually only trade on a medium scale. i.e. enter in a coin that is hype or will be hype and exit or sell when it is profitable, usually at the peak of the hype or when the hype is still going on. Don't wait for the hype to end.
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Topic
Board Off-topic
Re: Do you Smoke?
by
Lubcub62
on 15/06/2022, 18:33:48 UTC
The impact on smokers is not so pronounced. But for people around smokers who do not smoke this impact is very pronounced.
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Topic
Board Off-topic
Topic OP
Brrrrr
by
Lubcub62
on 15/06/2022, 18:31:15 UTC
Everyone must be feeling cold now seeing bitcoin keep falling. But I will endure this cold weather because I see the sun will rise soon.

brrrrrrrrr.

why are you afraid to buy btc now?
and when Ath we are not afraid to buy btc? so why now at 20k are we scared?
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Topic
Board Altcoin Discussion
Re: Is Trading Volume an important metric ?
by
Lubcub62
on 15/06/2022, 02:13:46 UTC
Trading volume is very important in trading. especially for a day trader. because of the high demand for buying and selling can facilitate or speed up the execution of a request for sale/purchase. In contrast to the low volume, it will be very difficult when we want to immediately execute a buy/sell request.
However, when talking about long-term investment, it will be more profitable if we enter a coin or asset whose trading volume is still low, which means that the market cap is usually still low. so the potential increase is still visible. especially if it is seen that the trading volume is increasing, it can be ascertained that there will be an increase that follows also the price (on a note that the asset or coin has good potential with clear fundamentals and utilities).
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Topic
Board Altcoin Discussion
Re: Is it possible for Traditional Banks to cooperate with Crypto
by
Lubcub62
on 15/06/2022, 01:54:35 UTC
I actually think that someday traditional banks will cooperate with crypto, more precisely adopt crypto. fiat and crypto will go hand in hand in time. Because many banks in various countries are starting to talk about this crypto and are still considering whether to adopt it or not. For example, 44 countries gathered last month in El Salvador to discuss bitcoin and crypto.
Quote
⁠Bitcoin, Bukele and a bevy of central bankers meet in El Salvador   

El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference.
Sourch cointelegraph:
https://ct.com/al8u
Post
Topic
Board Altcoin Discussion
Re: Portfolio for longterm investment
by
Lubcub62
on 14/06/2022, 02:53:40 UTC
I personally only choose ethereum and polygon in addition to bitcoin. and discard the others. because so far only these 2 projects have the potential to continue to grow. and rarely bad news about these two coins. then I think this is the altcoin I can trust. but apart from that I still hold bitcoin as my main investment.