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1  Economy / Trading Discussion / Re: Autotrading system on: May 23, 2024, 07:44:42 PM
I have experiences of engaging bots in exchanges but unfortunately they were not profitable even I was running for more than 2 years of time. Probably buying bitcoins at bottoms might have been more profitable than launching a bot at the same bottom price for same amount of USDT. Bitcoin is growing in its value over the time hence buying/selling at low/high may not be accurate to beat the long term holding considering time to time what we miss at high to sell and similarly buying at lows.

At the same time, these exchange bots are based on different algorithm unlike other portal based bots, for example MT4 platform. Exchange bots are buying at continuous intervals and do sell at profit intervals if markets keep increasing. So, if you launch a bot at exact bottom price level then your bot will remain profitable but may not be guaranteed that your bot will give more profits than buying and holding at the same bottom price level.

If an asset trading continuous range bound and you launch at bottom and exit at peak levels then you may get better profits than long term holders, given that you catch bottom and top levels for more than one time.
2  Economy / Trading Discussion / Re: "Slow success builds character, fast success builds Ego." Ratan Tata on: May 22, 2024, 08:44:51 PM
Quite good quote for sure. Doesn't mean it's true, I have seen people who had decades to build their success and they still turned out to be bad people, and seen people who became overnight stars in their field and still ended up being humble people. BUT the reality is that the quote is almost always right, the examples I have talk about are exceptions and not the rule, that rarely ever happens.

Most people who get success and fame all of a sudden, end up being not great in mind, same goes for kid stars as well, in business that is rarer but in other fields it is more common like sports and music, it is hard to be a kid and be that famous. All in all, I think it is quite alright if you let it go to your head for a while, it is more important to recover from that.
3  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: May 22, 2024, 08:04:33 PM
Atalanta could still shock the world, we do not know which one will  be better and who will do better, we just know that Atalanta will end up trying their very best, and maybe they will do fine and maybe they won't, I do not know which one will be true. If they can somehow shock the world and get the win that would be insane for all the people who bet on that game, quadrupling your bet is always a great thing and this is right around those levels so it is definitely a good way to go.

I believe that we need to consider that we are going to end up with a lot better results if given enough chances. Same with Dortmund over at UCL, not many give them a chance, but they still have a chance in the football world sense because it is the finals.
4  Economy / Speculation / Re: Donate $100 the day bitcoin hits $100k. on: May 22, 2024, 06:36:33 PM
Surely that is not a bad one if you profit from bitcoin going up. I know a lot of people like me who are interested in bitcoin not because we are rich but because we earn from it by working for bitcoin, maybe not everyone can afford to share $100, but we can certainly share whatever we can afford to share, that feels like a lot better.

I know that it is going to take a while and we are not going to get anything crazy going just because of a forum post, but I think if we all get together then we could collect a lot of money to actually help a lot of people. Not sure if we can trust everyone though, it must be some high ranked legendary escrow like Hhampuz that can get that money and everyone feels safe about it, but not sure if he would accept that offer.
5  Economy / Economics / Re: Idea of btc is genius the limited supply that's why i think it's safe heaven on: May 22, 2024, 04:19:04 PM
Limited supply is just a supporting feature and it is not the only reason why Bitcoin has such a high value. The demand and supply rule indeed applies here because as the demand increases, the value will increase as well if the supply is limited, but we need to understand the reason behind the demand that Bitcoin has and the most prominent reason for that is the decentralization.

Before the creation of Bitcoin, people never thought that there could be a technology or a system that could help them store their money in a decentralized environment where only they would have access to it while they can also be safe if they keep them safe. Bitcoin provided hope for people who were fed up with the traditional financial systems of the world.
I agree with this, the biggest example is ETH which has no limited supply at all and nearly half of bitcoin already and second place in the rankings, if it was only the limited supply that mattered in the bitcoin world then no other crypto would have unlimited supply, it has to be something that will get a lot better.

I believe that limited supply is a feature and that is not a bad thing but we should realize that we are going to end up with a lot more features that mean something. We should consider that bitcoin is at the top because it was the first one that got created, there is really nothing that matters more than that, it should be the only reason why it is at the very top, because it was the first coin that was created in the crypto world.
6  Economy / Economics / Re: Better Money: Gold, Fiat, Or Bitcoin? on: May 22, 2024, 03:23:23 PM
At bitcointalk, getting mostly bitcoin answers is the way to go obviously, we are not going to hear just bitcoin of course there will be people who prefer other stuff but it would be mostly bitcoin answers. My reason is that it is something in between the other two, it is an asset like gold that gains value, but it is a currency like fiat where you can spend it and earn it as well.

You do not go to a shop and buy stuff with gold, and you do not hold fiat and gain value, so that means bitcoin is better than both of them. This is why I prefer it and I have been using it for a long time. A lot of people only invest into bitcoin, and I do that too of course but I also use it and I feel like that is the most important part.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Wich altcoin has that similar to btc ? on: May 21, 2024, 08:15:03 PM
100% Litecoin. If you are looking for similar, then it is litecoin hands down and nothing is as close to bitcoin as litecoin is, nothing will ever get that close. The whole point of Litecoin was to create a bitcoin copy, that would be newer and would be alternative and they did it all the way back in 2011, by comparison bitcoin was started to be used in 2009, and only got a few more people than the close circle of satoshi in 2010, meaning litecoin was right there when bitcoin started.

Maybe you want to hear some brand new coin or token that is coming out so you can buy and get 10000x return and want to be early bird, but that is not the real answer, you are not going to get anything like that, the real answer is litecoin every single time.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Best altcoins POS with limited supply ? on: May 21, 2024, 07:44:21 PM
Why focus on just limited though? I agree that ETH and SOL are great, and I think you should just go with those. I get that ETH is not what you are looking for, but it is quite good and if you could invest into it, and put it on an exchange, they will let you stake even without reaching the minimum as well, so it is definitely a good idea. That does not mean we should make some profit whenever we can from unlimited ones as well, there are plenty of terrible unlimited supply coins and tokens out there.

I am just saying ETH is not one of them, it is the second highest ranked one and it is a great coin and it has this amazing chain as well, so if you want to invest into that, it would not be a bad idea at all and could do fine.
9  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: May 21, 2024, 07:18:23 PM
The game is tomorrow, we have literally less than 36 hours left until the game starts and I think it's time to put the bets in. I waited until today but I do not think that I will be able to wait until tomorrow. Leverkusen looks like they have nothing to fear, yes Atalanta has been nice this season and there is a reason why they beat Liverpool and reached finals, they are definitely a good team.

But, I still think that Leverkusen is not even near that level, they are far better. I think they would be able to beat Dortmund on aggregate if they played, and Dortmund is playing finals at ucl, whereas Leverkusen at europa. I think they are going to have an easy win for sure, not going to be too easy, but will definitely be good enough to win.
10  Economy / Gambling discussion / Re: Eredivisie 23/24 - discussion thread on: May 21, 2024, 06:38:02 PM
I feel like Ajax going down is mainly because they are running a sustainable club. Sure that means they are not going to be insanely well in a second just because they got money, but look at the last 5 years or so and how much money they made from transfers.

I am not sure how correct the data is, but I can tell you from transfermarkt that it is about 200 million euros. Do you think that they spent all of that money on something else? This isn't the revenue, I am talking about 200 million euros after all the players they bought too, because they made so much by selling. The point is that they are not rushing to get the new star and spend 50 on many players, they are sustainable, and that means sometimes they take a stepback and rebuild and get that money again.
11  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 21, 2024, 05:05:34 PM
Maybe just not trade at all if you are not certain about what you are doing? I personally understand the logic that you want to make sure you know what you are doing, but sometimes we need to realize that we are not really doing anything that we need to be doing. Some people make some money the way they want to make and some people just lose money in the end, there is really nothing that could stop that, and we should consider getting better with time.

I personally believe that the best thing to do would be just recovering from this fact and not going on it at all. If you fear that the times are uncertain and trading is hard, just stop and keep it long term and hold until you find times to be a lot better eventually.
12  Economy / Trading Discussion / Re: How to become a successful trader on: May 21, 2024, 03:36:24 PM
Being good and being a teacher are different, a lot of friends that I have who are great at trading can't explain what they are doing if their life depended on it, so most traders haven o idea. Some try, and some do teach others and they do a good job, but not all and most of them are just doing things because their brain is wired in a way that understands and grasps the inner workings of a market which makes them be able to trade very well.

This is quite good and I do applaud them for their talent and skills, but that doesn't mean all of us can be like that. Not being able to trade is fine, you can't play basketball like Lebron James neither, you can go ahead and pick up a ball and shoot, it takes like maybe 15 minutes to go to the park with hoop in my hood, can I be able to play like him? Of course not, so why would I worry if I can't trade like professionals then?
13  Economy / Trading Discussion / Re: Why trading and not something else? on: May 21, 2024, 02:58:25 PM
If you go around asking everyone what they do and why they are doing it, it will take a lot of time man. I mean we do something because life takes us there, it is as simple as that. Also most of the traders do not just trade alone, I do long term investment and also trading, plus I have a full-time job that I work at everyday, so I do all three of them. Just because you are trading that doesn't mean that you can't do the other parts, you can make money all kinds of way at the same time.

I think it should be something that will take a while, we do not need to worry about anything at all. The best thing we have right now would be realizing that destiny is the only reason, because life just happens and you are the viewer from the best seat in the house.
14  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: May 20, 2024, 05:15:45 PM
Mbappe mainly played at left wing for PSG this season ,rarely at striker and I think it is quite obvious that he is going back to striker at Real. This means that PSG just needs a left winger, is that really so hard to get for a team with pockets like PSG has? I mean they can just go get Leao for example, or get Martinelli, or get Doku, or get Coman etc etc etc. So all in all, they would be able to get someone who would be "enough".

You do not need Mbappe level player to win the league, you do not need that to win domestic cup, and we all saw that Mbappe wasn't enough to win UCL anyway so having him doesn't mean UCL cup neither. Meaning, they will not face any new issues, it would be just winning the league and failing to win the UCL.
15  Economy / Speculation / Re: Be aware that the government and the haters envies your progress on BTC on: May 20, 2024, 03:18:33 PM
To be fair, a lot of people invest trillions into stocks all over the world, and you do trust them because they are a company that does well, but how would you know if they are not going to bankrupt or not. Look at history, look at all the companies that were in the top 10 of every nation, how many of them changed?

I guarantee you that most of them changed in many nations, and if you look globally a lot of that changed too. Google, amazon, facebook, etc etc type of tech companies being at the very top is new, it was financial companies before that, next up who knows maybe it would be pharma companies, or maybe it would be something else. In the end, if people do trusted and invested all their money to stocks of these companies and the trust is understandable, then why not trust bitcoin? It feels more trustworthy.
16  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 20, 2024, 02:24:33 PM
City should be quite happy to win this title, they had so many injuries all season long and they still managed to win, that is actually a great thing for them. It showed the world why winning a fourth in a row is such a hard thing, players usually do get tired and stop playing with all they have and City prevented that as much as possible, sure it required up until the very last game to get that title, and they didn't win it easily like other years, but still managed to win.

The scarier thing is that there is nothing preventing them from having five in a row. Look at the squad, and KDB may not be injured half the season next year, so maybe they will even go for five in a row, that would be quite epic to see to be fair.
17  Economy / Gambling discussion / Re: 2024 NBA Season on: May 19, 2024, 04:53:35 PM
We are going to end up seeing one of the most important game sevens of this season, well most important playoff games of this season. Wolves really built a team that works perfectly against Nuggets, every team should work towards finding how to be so well matched up against the champions. I am not saying that Wolves will win, and of course this win made it a lot better for them to have a chance but at the same time we are talking about something that does involve Wolves having a chance now.

I do not know what is going to happen afterwards, but this does look like very good two teams facing each other, and the winner may end up being the title winners unless they are way too tired. Celtics on the other side still looks quite strong though.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: How it is possible to get MC in millions ? on: May 19, 2024, 01:19:59 PM
Good thing that we are seeing it, but at the same time seeing something, we are also getting pampered with all these spam posts and that does upset me a lot. Constantly we get to see all these topics, and they are not announcement topics, they are just some losers who end up trying to get attention to their weak token that nobody wants. I checked, normally I rarely check but I checked, and the last tweet they had, had 6 replies to it, and more than half of them were telling this project they are a scam.

Yes that is right, OP has written a spam topic about a token that is getting very little attention and all the attention they have are from the people who are calling them scammers. Bitcointalk really needs a cleanup.
19  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 17, 2024, 06:01:23 PM
Interestingly, there is still a tiny chance that we could see Bayern end up being third this season, which would be insane to think about, if you told me at the start of the season that they may end up third, I would have mocked you for saying it, but it is still a possibility. If they lose to Hoffenheim, which I do not think that they will to be fair and they will win that game for sure, but if they do somehow end up losing that game, we could see Stuttgart beating Gladbach and then Stuttgart would be the second place and Bayern would be the third place.

Out of all those things about Leverkusen being the champions, we should also congratulate Stuttgart for keeping up with Bayern all season long, even if they finish third, they gave them a challenge.
20  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 17, 2024, 05:02:23 PM
I do not think that in the crypto world sudden changes to bullish market would be considered "inflationary" because we are not printing more suddenly. That is what inflation means, the devaluation of a currency, and bullish market literally means we are not devaluing, we are getting higher in value.

So, what I believe is that if this keeps going, then we are going to see people increase their investments to bitcoin eventually, making it a lot better for us to invest into it. Obviously, it is not going to be right away, this is why I always prefer to wait until Q4 before I worry, because I will accumulate in other three quarters, and on the fourth quarter I usually end up seeing an increase, lets see if that will be the case again this year.
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