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1  Economy / Trading Discussion / Re: Explain crypto options to me on: May 24, 2024, 07:50:21 PM
I still don't see the point.
Who specifically will opt for buying options and in what situation?
We can limit risk and leverage without options.
2  Economy / Service Discussion / Re: participating in the forum in order to be able to access campain in the future on: May 23, 2024, 02:54:08 PM
There is no magic formula for success in terms of x-hours - x-merits = $100 per week. It is true that there are many people for whom the forum is just a place to work, but that is simply not what the forum should be for. With the attitude "I'm here to earn merits and earn $100 a week" you won't get far - but no one is stopping you from trying Wink

yea, It probably isn't viable at all. Also I hate circle jerking and that is basically what people award.
3  Economy / Service Discussion / participating in the forum in order to be able to access campain in the future on: May 23, 2024, 12:43:05 PM
Do you guys think it is viable?
How many hours do people spend here a week to earn merits?
and than you receive only (max) $100 a week?
4  Economy / Lending / Re: Why do you take a loan on this forum? on: May 23, 2024, 12:37:42 AM
Not that I have ever requested here, but where I live people don't give you loans, not even family members
5  Economy / Trading Discussion / Re: Explain crypto options to me on: May 23, 2024, 12:01:35 AM



I don't get what you are trying to point out because you mention futures and leverage and stop loss.

Are you talking about the Binary option? But I never heard of a Binary option that has stopped loss.
If I'm right then the Binary option only has two options up or down and this is very risky because if you lose the total amount you set is fully deducted from your total capital minus the fee if you predicted it wrong that's totally different from futures or leverage trading because there's no stop loss in binary option it is likely just yes or no and it is totally a gamble.


No, not binary options, regular options.
people say they are less risky cause you can only lose the premium. That's why I mentioned stop losses as these provide protection without the use of options.
6  Economy / Services / Re: CoinPoker Signature Campaign [Hero/Legendary] - Upto 100$/week on: May 22, 2024, 06:49:08 PM
CoinPoker Username: netflix
Forum Username: capoeira
Total Merits earned (Excluding Airdropped Merits): 3
BTC Segwit address: bc1qyl3um4mtnvjf4epncj0n6pjg8eysd4l8xqrjra
7  Economy / Trading Discussion / Explain crypto options to me on: May 22, 2024, 03:04:36 PM
So I was learning a little about the "world's largest crypto options, and futures exchange" how they call themselves, and even speed-read their tutorial about options.

I do understand the basics of options trading, but there is one thing I still don't understand: why options?
"limited risk" can't be the main reason to trade options. I get that stop losses aren't the most secure guarantee that your risk is limited, but they do work in most cases.
for "leverage" you don't need options either.

what is the main advantage of trading options? or would it be the main use case?
someone experienced with them could give me a hint?
8  Economy / Trading Discussion / Re: Why do many people fail in trade? on: March 28, 2024, 06:09:51 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.
9  Economy / Trading Discussion / Re: Recommended Forex Brokers Accepting Crypto Deposits and Withdrawals on: March 27, 2024, 07:51:53 PM
just in case a client missed it: Evolve Market is shutting down.
Also, if you ever had an MT4 account with them, you might want to check there since those assets are separate from their normal web pages for some reason. I found coins there I had forgotten about.
10  Bitcoin / Bitcoin Discussion / Re: Financial Services Commission (FSC) of Belize banned crypto it seams? on: December 11, 2023, 11:49:23 AM

I wonder how they could even operate for the rest of the year. there must have been a later revision
11  Bitcoin / Bitcoin Discussion / Re: Financial Services Commission (FSC) of Belize banned crypto it seams? on: December 07, 2023, 03:53:40 PM
Probably related to this[1]? I can imagine they temporarily ban businesses from doing crypto transactions because they want to prepare for a better monitoring system, and then resume it after the framework is ready. It is also possible that they ask for other requirements if the business wants to continue dealing with crypto, but the specific broker you mentioned above doesn't want to do it.

[1] https://www.belizefsc.org.bz/collective-engagement-to-implement-the-crypto-asset-reporting-framework/

I found this, too
https://www.breakingbelizenews.com/2023/11/12/financial-services-commission-clarifies-belizes-position-on-virtual-assets-and-cryptocurrency/


check official FSC announcements.

hard to find those
12  Economy / Trading Discussion / Re: Recommended Forex Brokers Accepting Crypto Deposits and Withdrawals on: December 07, 2023, 03:37:03 PM


These kind of intervention isnt something new anymore. One platform/company could accept crypto then one day in an instant when their license issuer or simply the ones
who do regulated would be telling this and that then they dont really have no choice but to follow or else then we do know on whats next.



We had hoped that things had evolved by now. Nothing changed it seems
13  Bitcoin / Bitcoin Discussion / Re: Financial Services Commission (FSC) of Belize banned crypto it seams? on: December 07, 2023, 01:02:34 AM
My search about this news did not bring any quality information why FSC want to ban the company from receiving deposits and withdrawals

mine neither, which is strange. other brokers would be affected if they are regulated by them, but there is no real info available.
maybe it's just an excuse from FXChoice?
14  Economy / Trading Discussion / Re: Recommended Forex Brokers Accepting Crypto Deposits and Withdrawals on: December 07, 2023, 12:00:44 AM
We lost FxChoice, arguably the best crypto-friendly forex broker, due to intervention by the Financial Services Commission (FSC) of Belize. Very disappointing.
15  Bitcoin / Bitcoin Discussion / Financial Services Commission (FSC) of Belize banned crypto it seams? on: December 06, 2023, 11:57:44 PM
FxChoice forex broker has stopped accepting crypto due to FSC regulations, but there seems to be no relevant information on the internet. This may affect other forex brokers as well. Does anyone have more information on this?
16  Economy / Trading Discussion / Re: trading Forex with Bitcoin deposit/withdraw on: August 28, 2023, 12:29:36 PM
Indeed, there are several benefits to using Bitcoin in Forex trading, with global acceptance being a significant advantage. Bitcoin's widespread recognition and adoption make it an appealing choice for traders seeking to diversify their portfolios and participate in the growing crypto market. The global acceptance of Bitcoin contributes to its liquidity and availability across different trading platforms, providing traders with more opportunities and flexibility in their Forex trading activities.
The reality is before entering in the crypto world I was known with forex trading, And to see forex trading and cryptocurrency trading both have different features and good sides.
Especially if we talk about forex trading, it is much ahead in terms of liquidity, market stability, obtainability, etc., and also cryptocurrency trading creates privacy and security, low transaction fees, separate investment areas, etc., so the bridging of the two is actually Good news for both. By doing this, crypto traders can also avoid forex trading and in this case the liquidity of forex trading will increase as well as the global recognition of cryptocurrency will increase.
Forex brokers, in my opinion, are more vulnerable than Binance or Okex. I tried forex for the first time previously because I attended a conference at the time and they recommended utilizing that broker because they were a representative for it. Following that, many of us made deposits with that broker, but there was a hacking incident. We lost our fund, with some of us losing $100,000. That is why I feel like forex brokers are negative for my security, but I didn't suggest you don't use forex; there are still many legitimate brokers out there.
You cant really make out some generalization just because of the incident that you had experienced because if you do find yourself on joining about seminars on to those forex companies which it would really be just that normal that you would really be making out some huge deposits, knowing that there are more known brokers which are legit and long time running. When it comes to forex and some of them accepting
Crypto or Bitcoin only. Im making use of Tradersway but for pure Forex then i do go with XM.

@OP,
Is https://xbtfx.io/ and www.octafx.com legit?


Dear Manhaton,

We sincerely regret the delay in our response. Please note that OctaFX is indeed a global Forex broker with a presence in over 150 countries, serving clients for more than 11 years. As a reputable broker, we prioritise compliance with international standards and regulations to ensure the safety and security of our clients' funds.

While we operate globally, we understand that local laws and regulations vary across different jurisdictions. However, as an international broker, we strive to provide our services to clients worldwide. We maintain a solid commitment to transparency, reliability, and client satisfaction throughout our operations, leading us to provide our services to all our clients.

By the way, we would be interested to know if you are already one of our valued traders. If so, we thank you for choosing OctaFX as your broker and trust that our services have met your expectations. To stay informed about our latest promotions and news releases, we encourage you to follow us on our social media platforms. This way, you will receive real-time updates and exclusive offers.

Should you have any further inquiries or require additional information, please do not hesitate to reach out to us through our convenient communication channels, such as live chat or email (support@octafx.com). Our dedicated support team is available to assist you and address any queries.

Kind regards,
OctaFX Rep.


you guys wont address all the negative reviews?
17  Economy / Trading Discussion / Re: trading Forex with Bitcoin deposit/withdraw on: August 22, 2023, 10:23:26 PM

the first is actually in my recomended list. it's mainly in the list because it combines a rather good reputation with a particular focus on privacy.
the second one has some bad ratings in the internet, like here: https://www.forexpeacearmy.com/forex-reviews/8757/octafx-review
18  Economy / Trading Discussion / Re: Recommended Forex Brokers Accepting Crypto Deposits and Withdrawals on: August 22, 2023, 07:44:20 PM
Fusionmarkets added PIX deposits for Brazilians.
very intresting option
19  Economy / Gambling / Re: Top 50 gambling Instagram & TikTok accounts on: July 03, 2023, 10:29:23 AM
You are right on that point, most of those influencers are not actually gamblers, they are just used and paid by gambling or casino owners because of their millions of followers and their ability to influence most people to gamble their followers
Personally, I consider anyone who promotes a service that he is not interested in or he didn't try it himself a cheater. He is deceiving his followers. How can you guarantee the quality of the service if you didn't test it or don't even know what it's all about!


I have to ask: Do you use and have tested the service you are promoting in your sig?
20  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: June 28, 2023, 11:02:33 PM
almost everybody hear earning someting for the relpies should be the most reveilng answer lol
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