You need to convince yourself about an investment and not let others do the thinking for you. Some are into bitcoin for financial freedom without depending on the banking system, some buy it for the potential ROI, some others use it as a retirement plan, the purpose is different for different people.

Understand what bitcoin is and what value it offers, then decide to buy or not.

- Jay -

FireDAO was launched on the Arbitrum One mainnet on February 17, 2023, which is a social DAO based on PID and FID soul-bound accounts. The team behind this project has been working relentless for two years. The tech team has been funded by the RainbowCity Foundation and dedicated to this project with all talents in their area of expertise. Now the registration has reached over 950 and the number is steadily increasing. https://app.firedao.co  . With more effort and hark work, new implementations will be released soon next week. What do you think of this project ? Will it become a great project that benefits all users ? Please let me know your thoughts.

It will not make any different in the altcoins. Firedao was just another galxe that was based on arbitrum. I see no unique feature that has been offered by this one. Your expectation was too high. It's also pretty much the same like BABT that already used by binance for its users.

The most simple thing to know if the project are reliable and trustworthy is depends on the protocol, it must be decentralized and able to trade without centralized exchange.

Decentralized make your coin can't get frozen, controlled and manipulated since you don't have to trust anyone including the CEO. It will be different if the coin is centralized, you must trust the CEO and hope he wouldn't rug pull his own project.

Government always tightening their rules and it's need KYC to trade in centralized exchange, the worst thing is the exchange can freeze your account and confiscate your funds. If you trade on decentralized exchange or non custodial P2P platform, your coin will be 100% safe.

But you need to know 99% coins are centralized, only 1% or less are 100% decentralized.

I suppose, if we try to be optimistic, it's very good that Bitcoin didn't fall even lower, but it's very close to the bottom now, so I wouldn't say that it's a sign of a better year. Sure, there's a bit of positive movement, but for now it's just tiny fluctuations, not worthy of serious considerations. Bitcoin can still go down or stay at a current 1/4 of the maximum price. 2023 might be a good year, but a year is a long time, and what if it gets better closer to its end? It's important to keep calm and be patient, prepared for a continuation of the bear market. In that case, you'll be mentally prepared for bad times but pleasantly surprised if it's suddenly over.

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

I don't have experience in altcoins, but I have quite an interest in investing in altcoins, but when I hear the news that investing in altcoins is very dangerous because the potential for losses is so big, but I found out on the internet, it turns out that we can invest in altcoins as long as the in quality altcoins,
and finally I saw on cmc that the number 1 altcoin is ethereum, and finally I'm quite interested if I have the capital to want to invest in ethereum.
and I saw the news that it turned out that a lot of people were investing in ethereum because the ethereum project is very good and has a lot of fans. and I want to ask everyone?

: does ethereum have a good future?

: is it not wrong if I choose to invest in ethereum?

: what is the drawback of ethereum?

: why is ethereum the no. 1 ALTCOIN?

Its just 11 days into the new year and 2023 is already showing signs of hope for bitcoin investors. Bitcoin is currently on 17k plus as of this morning when i check my binance app which is currently a good results as bitcoin has been stuck at 16k for a very long time. Investor and btc holders will be very happy seeing this significant rise although it is a volatile currency and can change its rate anytime yet its still a positive start to the new year.
 At this moment we can hope for the rise to continue and maybe hit a point where investors can boost of a good profit added to their btc coins.
  I was directed here and have learnt alot and i will no longer call it a hasty decision if i were to get my own btc in my own wallets but i haven't gathered enough finance to do that and am looking to sell some of my old stuffs which am no longer using to start my own bitcoin journey. I have some stuffs like an old TV set, some old cooking gas and sone rusty old furnitures in my house which i think can fetch me some reasonable amount of money to start this journey and the good part of it is that I don't use these stuffs so its better to sale it and use the money for my bitcoin investment.

Just hoping we all can hodl up more longer maybe 2023 has something special it has to offer #keephodling

Considering the fact that so many people were deceived, I believe that there will be enough people who want to take revenge on Sam Bankman-Fried for their losses. Therefore, such protection is not something excessive. What is surprising in this case is that even during the investigation, he continues to spend the money of his deceived investors.

I can boldly say that Bitcoin Banking is more reliable and fast because Bitcoin transactions is been done through wallet, the only problem that may occur is if the wallet is not correct another challenge is if the transaction is been encountered with down network but this is in rare cases.

It's so cheap, it looks like shopping with Bitcoin is the future!
https://applebuy.top

For the most popular wallets in the world, most of the exploits are developed by hackers. If you store money on software wallets, you will still lose it as a result of inattention. A $70 hardware wallet protects against such threats. But if the user is inexperienced and uses unknown smart contracts, then even a hardware wallet will not help him.

I say it's very declining. when compared in 2017 and 2018 I can even easily hundreds of dollars in one project but since 2020 until now maybe even just once a year earn hundreds of dollars. But whatever it is we should be able to be grateful and continue to work.

I really can't imagine this happening to a country, and what are the benefits?

Printing large amounts of money will only create new problems even if they plan to invest in bitcoin. Rising inflation could be the most likely and even they will lose value from currency.

The following is just an illustration when the government prints a lot of money without control, the value of the currency is lost and someone has to carry a cart of fiat currency to buy something. Random image from google.

https://i.imgur.com/XrFp35T.png

I don't think it's right to say we're in a bear market right now. If we were in a bear market, the value of bitcoin would be below $10,000. After the period of decline we have experienced, we are currently in a pause period for a while. As far as I'm concerned, this period will continue in this way for a little longer. From time to time, there will be small-scale rises in the market. But I think that there are at least 1.5 years for the bull market to start exactly.

I think that in this case the strategy is obvious: sell at the highest possible price and buy at the lowest. At the moment when the market is flat, you either trade in the specified range or if you have a long-term position, you just need to watch the balance increase by $5 and then decrease.

As a newbie who has a little knowledge of cryptocurrency but much interest in purchasing bitcoin for a long time Hodl, since the purchasing capital is not included in my spendable budget and the price of bitcoin is not very high at the moment 16k, what should be my fear?

Pls, advise me.

Bitcoins can exist without exchanges, but would you support the argument that the existence of exchanges are among the factors facilitating the popularity and accessibility that people have to bitcoins?

Good news! But before it becomes applicable, it still needs 5o be signed by the President. Then only it will become effective in Brazil. So wait a little before the actual celebration.

Also I see that cryptocurrency is classified as an investment asset class. So Brazilians should seek further clarifications on how it will be taxed. Investment assets are usually taxed based on the gains made and also the timeframe is considered for calculating taxes. So little bit of grey area is still there. But net positive, I must say!

Bitcoin is a currency whether you accept it or not and it was never supposed to become the "world currency" it is supposed to be a global currency which it is.

Wrong. Governments regular the economy by setting rules and enforcing them not by printing money.

It depends on the country and the government. This is not a global issue.

I guess this will end in a friendly investigation and unveiling of perpetrator of such crime who are certified Binance users, this does not have the we're with thought to push the price of Bitcoin or any other cryptocurrency assets in the market down, and not like the FTX situation, Binance own case is different.

CZ may not be 100% pure after all cryptocurrency is trustless but in line with the operation of a centralized exchange, Binance is one of the top exchanges with strong regulatory compliance KYC procedures.