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Showing 20 of 829 results by Munir575
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Board Beginners & Help
Re: Can you 'Will' your bitcoin to your children?
by
Munir575
on 13/03/2023, 06:04:14 UTC
Depending on the children's ages, if they have matured a bit, have had some exposure to life, and are possibly able to operate and use the internet, you can teach them a lot about Bitcoin so that they can handle the private key on their own. After teaching them, you might as well create separate wallets for each of them so that you can send each of them their respective shares so that they both have access to them. But its not wise to teach them before they get of age so it won’t be a distraction to them and their studies.
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Board Trading Discussion
Re: Holding could be better
by
Munir575
on 13/03/2023, 05:53:44 UTC
Act wisely and invest responsibly because All traders, including seasoned pros, make these errors, for which they ultimately pay a price. The primary prototype that a trader should control is greed. Beginners and traders succumb to greed and overtrade, which leads to blunders. I am aware that keeping is occasionally preferable, which is why they always recommend trading within your means. If you go over budget and trade with your savings, you may be obliged to sell the coins at key moments when keeping them could have been a better choice.
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Board Trading Discussion
Re: Is it true that this AI is good for trading?
by
Munir575
on 13/03/2023, 05:29:40 UTC
I'm not aware of any openAI specifically designed for trading. I've come across bots that simply assist you in carrying out your transactions automatically by putting them up beforehand, but they won't carry out the entire trading process, such as making judgments automatically if the market suddenly collapsed. I conceive of these AIs as being similar to guides, but they are unable to forecast the market, offer insightful analysis that is based only on data, and express opinions about trading on the extremely unpredictable cryptocurrency world.
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Board Bitcoin Discussion
Re: How do you feel selling your BTC against your plans?
by
Munir575
on 13/03/2023, 05:18:12 UTC
Quote from: CryptSafe on March 07, 2023, 01:39:26 AM
A thought came over me while spending my BTC. Although I was wondering if members have had that experience and  too  how others would feel about it hence this topic. Now here was what happened. I had an emergency which requires an urgent attention and it involves funds. I had no option than  to get the funds immediately as the payment I was expecting has no yet been credited to my account I had no option at that moment than to fall back to my bitcoin and what touched me most was that the market was red and It was obvious I had to sell to sort out the urgency at hand. While doing that, there was this feelings I had then as a result of the red market as at the time I was doing the transaction . I was just having that thought over me then and wishing the market could just boom immediately so I could only release just a small fraction of my BTC to sort out things then and another was that I could just receive my much awaited alert so I could stop the BTC transaction immediately. You know that feelings that comes when you want to do something you really do not have plans doing immediately maybe you have plans for it in the future and all of a suden an emergency comes up which would force you to do the needful. I had that feelings and it was real and really devastating at that very moment.
If you have had such experience, how was it like?
I've experienced this firsthand, and it's the worst time to make a decision as a Bitcoin holder. However, now that Bitcoin has replaced fiat as our preferred currency, we understand why we keep bitcoin. The worst possible outcome is when you sell for significantly less than you paid for it, but one of the best things to do is to develop additional streams of income.
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Board Bitcoin Discussion
Re: I have failed too severely, time to give up?
by
Munir575
on 13/03/2023, 05:13:35 UTC
A payment can be made using bitcoin. However in your situation, where not many people are familiar with bitcoin, I advise you to continue sending payments as usual without first introducing bitcoin to anyone. Maybe individuals who are used to using traditional payment methods still find bitcoin challenging. Hence, it appears that they will not be interested at all even if you go into greater depth regarding bitcoin. Although it is a challenge for you, this is not the time or place to explain bitcoin.
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Board Trading Discussion
Re: Never Trade on Emotions
by
Munir575
on 11/03/2023, 22:09:16 UTC
Without emotional control, trading will undoubtedly fail because emotions have a manipulative effect on our thinking and can result in poor conclusions. Due to their too emotional nature, many traders that came only failed and placed the responsibility on themselves. I'll admit that occasionally I have trouble controlling my emotions and it had cost me alot, sometimes you can't help it but let the emotions get in the way. When trading Bitcoin or any other cryptocurrency we should never let our emotions get in the way no matter what.
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Topic
Board Trading Discussion
Re: Is it legal for our kids to learn trade?
by
Munir575
on 11/03/2023, 22:02:15 UTC
Yes, there are no issues when kids are learning to trade, but it would be wise to let him wait few more years till he is a full adult before engaging in actual trading. Don't let it backfire on yourself because if he trades now, the risk is larger and he is still reliant on the money his parents gave him. He needs to comprehend the fundamentals of trading. In order to use his money wisely in the future, he must also have a prior understanding of how it feels to generate money.
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Topic
Board Trading Discussion
Re: Too late to start?
by
Munir575
on 11/03/2023, 21:57:12 UTC
Starting to invest in bitcoin is never too late. You are not alone in your interest in the cryptocurrency market in fact, many individuals are still learning about it and getting active in it. It is true that cryptocurrency saw a rise in popularity during the epidemic because that is how they were intended to function as an alternative to fiat-based digital payment transactions. I want to let you know that investing in cryptocurrencies can be a rewarding experience. With the right strategy and information, you can navigate the market and possibly generate a profit from your investment. Don't be afraid to begin learning more about it and investigating the opportunities that cryptocurrencies might provide.
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Board Bitcoin Discussion
Re: Trust in cryptocurrency?
by
Munir575
on 11/03/2023, 16:26:24 UTC
Few people are familiar with it and not everyone have the access to utilize and operate it. Many people have never heard of it. And all of Play a role in making bitcoin known to others who don't know about it yet we should be take advantage of the chance because it won't be as plentiful as it is now once more people are aware of it.
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Board Bitcoin Discussion
Re: I want to surprise a friend
by
Munir575
on 11/03/2023, 16:10:47 UTC
if your friend enjoys Bitcoin, that would be the best choice. Giving your friend Bitcoin instead of something else will, in my opinion, make them very happy. how you want to surprise your friend will still be a factor. Yet, it would still be a fantastic surprise for me if someone gave me Bitcoin when I was trying Earn more of it. Bitcoin is the most valuable cryptocurrency and gifting someone something of that value will surely make them happy.
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Topic
Board Beginners & Help
Re: Trading Or Holdings
by
Munir575
on 07/03/2023, 23:55:08 UTC
When it comes to trading, you must have the necessary skills. If you can do it, it doesn't matter if you also engage in investing. However, keep in mind that there are a number of correct and organized trading strategies, which is what novices should be aware of. But generally speaking, newbies should stick onto their bitcoin.
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Topic
Board Beginners & Help
Re: As a newbie I stay off shitcoin and it paid off, Bitcoin is the king.
by
Munir575
on 07/03/2023, 23:50:24 UTC
Bitcoin is a good investment for first-time cryptocurrency investors, especially if you want to hold the asset for a long time. because Bitcoin is safer and more dependable than alternative currencies. You made the right decision by remaining loyal to Bitcoin. Diversifying your portfolio is not a terrible idea, but only if you are knowledgeable about the cryptocurrency industry as a whole and aware of the things to look for in potential altcoin investments.
Altcoins can also yield enormous profits, but finding the legit ones can be challenging. Even skilled investors struggle to find such coins since extensive digging is required.
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Board Trading Discussion
Re: Trading as a newbie?
by
Munir575
on 07/03/2023, 23:39:12 UTC
You should have a solid understanding of trading first as you claimed to be a complete novice. To start with, you may get a ton of relevant information on various social media platforms where trading is nicely discussed. Without a thorough understanding of trading, you will undoubtedly experience losses. because trading involves a great deal of risk. After weighing the full circumstances, you must make a decision.
To trade you must be ready to in any loss encountered on the way and use it as an experience for the future.
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Board Trading Discussion
Re: Share your Crypto experience.
by
Munir575
on 07/03/2023, 23:26:57 UTC
familiarity with cryptocurrencies, specifically trading Given that I prefer investing over trading, I'm still relatively unskilled. I don't trade much, so I don't have a specific approach, but of course I am aware of the proper procedure. Although I don't like trading right now, I never know whether I'll do it again. I'll ensure that I've learned a lot before I get started.
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Board Bitcoin Discussion
Re: this is, how easy it is to scam people
by
Munir575
on 07/03/2023, 23:04:17 UTC
Whatever the reason, you should always exercise caution while communicating with someone online because there are numerous frauds operating that use a variety of techniques you might not even be aware of. There are still a lot of beginners who fall victim for this kind of tactics but I don’t seem to understand where the scamming is coming from the coversation. Thus, always be on the lookout and inquire from reliable sources as to whether they are legitimate or scam tactics.
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Board Bitcoin Discussion
Re: I managed to convince my senior dad to invest in BTC
by
Munir575
on 07/03/2023, 22:50:52 UTC
Do you believe it's a good idea to persuade an elderly person about risky things considering that your senior dad is already 79 years old? What happens if the price of Bitcoin continues to fall? Given his age, are you certain it won't affect his health negatively? When inviting someone to invest in Bitcoin, you need to know what you're doing and whether it's safe for them.
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Board Trading Discussion
Re: You Learn More from Losses than from Wins
by
Munir575
on 06/03/2023, 23:29:49 UTC
Since you will be compelled to learn more and try different strategies in order to gain profit, it originated from a loss. Typically, beginners learn from their mistakes, which is what improves them. Losing early on is fairly common, so you shouldn't let it discourage you. Instead, keep learning so that you can perform better on your subsequent trades. It will be harder for you to manage this negative emotion and turn it into something positive.
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Board Trading Discussion
Re: Is trading good for beginners?
by
Munir575
on 06/03/2023, 23:25:58 UTC
Quote from: Sakanwa on February 21, 2023, 12:59:02 AM
Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.

My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?
I believe that YouTube lectures are sufficient for beginners who wish to begin trading. Avoid pricey courses because, in my opinion, if someone has a trick or a special technique that can help them make money from a deal, they won't need to offer courses to make money. Instead of using money to purchase courses, use it to get some trading experience instead. You will learn more about trading as a result.
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Topic
Board Bitcoin Discussion
Re: What is the easiest way to explain bitcoin to a regular person?
by
Munir575
on 06/03/2023, 23:21:00 UTC
Quote from: SeeBiscuit on March 02, 2023, 01:45:06 AM

How do you guys like to explain bitcoin?
I'd just make it simple and go on to explain that bitcoin serves as the equivalent of fiat currency for online transactions. But, the people who buy and sell it around the world determine its worth. The government is not able to exert control, unlike fiat. I'll tell them it can grow value and reduce value with time due to some certain factors. And that they can invest and if they are lucky enough it might give them double of their investment but then they should only invest money that they can afford to lose.
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Topic
Board Bitcoin Discussion
Re: Bitcoin as a trend over other cryptocurrency.
by
Munir575
on 06/03/2023, 23:09:29 UTC
Quote from: Jaycoinz on January 12, 2023, 01:31:25 PM
Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
Charts over the years show that Bitcoin has always stood out from the other cryptocurrencies, and that it has had a significant impact on the others. It is the forerunner of all other cryptocurrencies, and while it has ups and downs like any other coin, others imitate it when it does. The possibility of bitcoin rising again after a decline is extremely real, but not all other cryptocurrencies that decline will always have the ability to surpass their all-time high. Purchase bitcoin, put money into it, and hold onto it for a while. You'll be able to enjoy your savings in a few years when, as many predict, there will be another bull run.