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1  Economy / Trading Discussion / Re: Hold position after overbought or oversold market is reached on: June 15, 2024, 08:39:52 PM
At least securing 75% for Take Profit is quite good and the rest is just a guess because when we reach the ideal profit point most of us end the trade and don't dare take the risk of leaving it open. The method that can be said to take off is either continuing to increase or vice versa. However, as long as you have secured the occasional profit percentage, there is no harm in leaving the position open to prove whether our instincts are right or not. Because leaving a position open is the same as not implementing any strategy.
I think 75 percent is too high already for you to say "At Least", though there might be people whose standard is high, so I guess I will just let them. The rest must not be a guess because we also have another higher target.

The market is only unpredictable, so there is still a chance that we may fail on achieving them. Ideal profit says it all, so obviously we will mostly sell at this point and being greedy is not a good thing because the more we want more, the more we will also/only lose more. Usually, a trader can mostly leave their trades open if they are still down. It's because they are waiting and hoping that the price or them can still recover.
2  Economy / Economics / Re: The government cares for no one but waits for you to get rich for taxes paying. on: June 15, 2024, 05:22:02 PM
Most governments function in this manner thanks to the human greed factor which is something that will most probably never change in my honest opinion. They tax the hell out of earning people in order to survive.

Very few governments don't unfairly tax everyone though, but they make sacrifices in some other places. This is reality sadly.
Each country has its own laws and each country's taxes are different. It is sad to say that in our country, the rich and the poor are all taxed, which I am not entitled to. Even if the government taxes everything from above, those poor people can never change their condition. Even essential commodities and foodstuffs are taxed.

The people are already grinding in the mill of inflation, everything will be charged from the top. Both the poor and the government would benefit in countries where the governments take care of their people and take care of their needs, those countries become developed, and countries in which the government only fills its own pockets never get out of poverty.
3  Other / Beginners & Help / Re: A humble newbie in need of exploring guidelines. on: June 15, 2024, 09:55:53 AM
I think the best form of preparation is to read the rules of the forum and after that you read all the guides already posted by other members, because that way you are going to expand your knowledge about Bitcoin and the forum together with general cryptocurrency.


Keep in mind that by asking questions you stand a chance of getting diverse opinion which help you more than just reading articles, this is what makes you grounded in the knowledge and experience, take a few practical steps and hodle more Bitcoin as an asset for long term base.
I agree that only reading books does not clear your doubts. When you are reading a book, thousands of questions come to your mind, but if you are talking to a person, you ask these questions. You can clear your concepts and doubts as compared to after reading one book you have to read another book for the questions raised in your mind.

And the newbies often post here that I am new here what should I do I think the best thing is that all the newbies should read the posts of the newbies already here since all the content is preset there. All kinds of links have been given. Well, seeing the same post every day and making the same comments every day is very boring but some newbies either don't understand this or they don't know how to use the forum properly which is why they do this.
4  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 14, 2024, 08:38:52 PM
There were recently many rumors about Joshua Kimmich the player of Bayern Munich. Joshua Kimmich was not happy in his team when Tuchel was working there and there was not a good relationship between him and Tuchel to make this player think about leaving the team.
Now that Sicne Tuchel left Bayern Munich, there is more chance for him to stay there, but during this time when he was close to leaving Barcelona was interested in hiring this player. However, don't have the money to pay for him and they have to wait until he finishes his contract.
On the other hand, Joshua Kimmich now wants to stay in Bayern Munich but Bayern Munich didn't extend his contract yet.
Look like now 29 years old German is having no extension in contract, and he could be Barcelona player in next season because as we have last reports from the Bayern Munich they are not interested to give him any extension, and now he is also heading for the last season which mean he can leave free and Barcelona could be his next club which is now looking players like him on free basis due to their terrible finances situation which is preventing them from having anything with high price.

With the change of coach is surely going to have some impact on their squad, but he is still not favourable player so just because of this we are having nothing positive news about his future at the Bayern Munich even he is ready to stay for long time.
5  Bitcoin / Bitcoin Discussion / Re: Bitcoin has higher market cap than the three biggest banks in the world on: June 13, 2024, 06:38:21 PM
And what if some of these banks are making their investments behind the scene. Well, we can never tell. Seeing silver ahead of Bitcoin was quite surprising. I remembered how Bitcoin surpassed silver in it's last ATH break out. Seeing the entire list, Bitcoin has a better potential as there are more price discovery to be seen. As Bitcoin continue to break it's ATH with more investors coming on board, Bitcoin will unarguably climb to compete with the top 5 on the list. As Bitcoin continue to grow and break it's ATH, we won't even be competing with most of this banks and companies in terms of market capitalization.
That is possible and as they say that those who spread FUD's are also the ones who take advantage of its effects and we know that lots of banks are showing how they hate Bitcoin. On the other hand, indeed that it's surprising how Silver performs now because this asset was only chilling before. I mean it's not like the other who are being talked about much. Silver isn't bad at all so I'm happy for what it achieved. May this gives a motivation to other slow performing assets or projects to also do the same thing. BTC was still newer than them so I agree that there is still a chance for it to rise more and surpass them in the future.

As for those of us here, HODL shouldn't be a debate again as the journey keeps getting interesting.
But, it was being debated before? I guess not. You can't go wrong with it.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $26,000 to invest, any suggestions? on: June 13, 2024, 05:01:53 PM
The amount of 26k can be split in the way of 40 percentage on the bitcoin,because the bitcoin had the long term investment coin.So by just holding the bitcoin the trader can earn good returns.The second 30 percentage can be placed on the Ethereum,because we know the complete base of the Ethereum and many people become a millionaire when the Ethereum had crossed the value of 3k dollars from the 1k dollars.So the Ethereum also had good potential as like the bitcoin.The last thirty percentage can be placed on the Solana and it was new developing project like Binance smart chain.So seventy percentage of money in the old potential coin and thirty percent on the Emerging project.
Investing everything you have at once is never a wise idea because you never know which direction the market might go next. So, it's better to invest some of it and keep the rest and watch where it goes next so that you can buy more in case the market dips from where you have bought earlier, it's called doing DCA. Besides, I don't think one should invest their whole capital in just 3 cryptocurrencies but they should have a bit more diversification in it.

Over-diversification is not good too, but one should at least have 5 or 6 cryptocurrencies in their portfolio, and after buying them all, one should still have a percentage of their capital left in liquid assets so that they can make more purchases in the future in case they find a coin that shows great potential.
7  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 12, 2024, 04:50:00 PM
This is actually really good to see. We know that Xabi Alonso does not have a lot of money to spend right now. At least not like Bayern Munich or other very rich clubs. So Alonso is more interested in bringing in young talents who are not going to cost a lot of money and will still be able to perform well. I personally do not see any big problem with the defense of Leverkusen, especially when I look at the matches that they have played in the Bundesliga.

But when I see the performance from them in the Europa League final, I start to think that maybe the defending needs to be better. And that's probably what Alonso has also thought. That's why he has started to make the defense stronger. A young player like Jeanuėl Belocian playing under a coach like Alonso, it's going to turn out to be great for this kid.
I have to be agreed with you about this all with this signing we have good thing about Bayer Leverkusen they are trying to manage things for the long run because investment like this surely are going to give them good return, and they will be able to sell him after development as well because he is still U21 player and have good career ahead of him with playing here in Bayer Leverkusen give them good confidence and experience which is going to work.

Even they were on mark for the last season but as we all know things can take changes without any problem and after having defeat in final of the UEFA Europa Cup final they need to work on this which bring problems hopefully now next season could be much better, and they will be able to have better performance in Champions League which will bring new highs for this club at the UEFA level which is much needed.
8  Other / Beginners & Help / Re: Bitcoin is Interesting on: June 11, 2024, 03:03:22 PM
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.
Bitcoin is a good project and good choice for future investment but keep in mind that if you have money to invest in Bitcoin then you may have to wait for a long time in profit. Therefore, if you don't have enough money to wait for a long time, you should not invest too much in Bitcoin, as many new people who come into trading think that trading is like a job from which we can get a monthly salary or daily income from which our house will run but it is not.

Except for a few big traders who have a lot of money and experience, not everyone can profit from trading all the time. So my advice is that if you are new then you should still understand trading and all the coins you want to buy and get knowledge about them before thinking of investment. You won't regret it later.
9  Economy / Gambling discussion / Re: Who's winning more casinos or gamblers? on: June 11, 2024, 12:26:23 PM
Casinos have an edge over gamblers. Considering who wins more, the casino do there are great proportion of losses as to the wins. As you rightly used the word "Recycling" which is true it just explains the money movement from one gambler to another.
But we have seen, casino bankrupt too. So it is vice versa but in essence the casino always will.
If we talk about casinos in general, then of course they have an advantage over players, because the reward algorithms work on the condition that the casino needs to cover not only operating costs, but also make a profit. If we talk about a specific casino as a business, then it can go bankrupt due to high competition in this area, which will gradually lead to a shortage of gamblers and its closure. So the casino will be in the black only when its customers are happy, and they are happy only when they win. Therefore, they try to keep RTP above 90%.
Bear in mind that the RTP doesn't guarantee that the gambler will stay profitable because you may get back some of what you have lost previously, but that doesn't stop you from losing more because the algorithm is the same and you will either win or lose and we all know that most gamblers lose in the long run, so even if the RTP function keeps giving back some of your money to you, you will still stay in the negative when you check your overall gambling stats.

We all know casinos are businesses, and businesses are created to generate profit for their owners and not for their customers but customers get to use the services or products offered by the business and that is exactly how gambling works as well. We play the games and get the opportunity to maybe win some money, but in the long run, the business has to stay profitable.
10  Economy / Gambling discussion / Re: A call to self-examining our gambling habit. on: June 11, 2024, 08:48:22 AM
Conversations plays a vital role in self examination. A friend could say, I notice you've been gambling way too much lately. It's a point that we ourselves may not be able to figure out easily. Even during the period you'd think you've not been gambling enough. So, while self examination is good, I think when it's done in group, fresh ideas would emerge from other people about our new gambling habit.
I agree. We often don't see what others might see in us because we can't examine ourselves like another person can. So, if people around you give you some feedback about something you are doing or have been doing, you need to listen to them carefully and then observe what they have said, eventually, you will notice the changes because now you will see it with more focus which you might not have been doing previously.

If you are not getting any feedback from your friends or family about your habits or the changes they have been noticing, you should ask them yourself just to make sure, ask them whether they have been seeing any changes in you, your behaviour and your habits lately, and see what they have to say about it.
11  Economy / Economics / Re: Viserbank: the new online wallet? on: June 11, 2024, 03:42:53 AM
I also just tried accessing it and as WillyAp said, it's offline. But this alone is enough to show that this is most likely a scam, it is an old scam that has been around for a long time. And as you said you transferred money to that wallet? I'm really sorry, you lost your money and there's no way to get it back.

What I'm more curious about is that from your profile, you've been in the market since 2017, which means you're not an inexperienced newbie. I don't believe that someone with as much experience in the market as you could fall into these traps so naively. Besides transferring money, how can you easily give your identity to unfamiliar websites you've never heard of? Why don't you do your research or ask someone for help before doing KYC or transferring money?
There are legit sites too that experience the same issue of being offline. It's only normal but they try to fix it as soon as possible. There are still a possibility that those who don't came back to life are scams that either have been busted out, or they already reached their desired quota.

When it comes to these things like there is a rule about sending money first, I'd be very wary with that and better to do enough research first, to see if they are truly legit or not. You got a point there about his experience. It's shady and it is possible that he is only shilling it to trap anyone else. Tactics like this are not new in the forum, that's why I know.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Ways to earn money (cryptocurrency) in 2024? on: June 10, 2024, 08:28:01 AM
Of course, that also a good opportunity and there is nothing wrong with it because the choices available in the market are very diverse, whether you like the main coin BTC or try out Altcoins. However, according to what I feel, what is lacking is that we are indirectly required to monitor prices, especially if a correction occurs if we are careless, especially if ALL in with a large amount of funds is also quite troublesome, especially when we plan to invest there, which we set to a short model.
If you are not trading, you can't make money monthly. My vision is to look for the whole year, and you can check the price growth, various drops, etc., but you can't make a stable income, only in case if you are working for the project and get your salary!
I would say that "making money" doesn't have to be trading or investing, it could be working. So, if you could find a job in the crypto world and get paid a monthly salary then you could still make money. For me, making money in 2024 is same as 2017, I have been working for 7-8 years in the crypto world and I have been making a salary and I do not think that I am going to end up with anything different anytime soon.

I think it's quite clear that we are going to end up with a better result if we know what we are doing, and considering how it's moving right now I would say that finding a job is easier. The reason it got easier is because there are a lot more places looking for people to hire, and that means if you have a skill then you may find a job.
13  Economy / Gambling discussion / Re: Is web3 casino the new trend for casinos? on: June 10, 2024, 06:45:22 AM
I think where such web3 casino idea will gain more audience and more usership, is in countries or regions where cryptocurrencies is already being accepted and  integrated into the financial system of the place and while KYC may be a mandatory requirement for now, regulators will still demand it for web3, citing the prevention and control of money laundering schemes and of course taxes, of the which have become a means for various governments to earn from the Blockchain network currently.
That is exactly how a crypto casino can get an adoption. Not only that but we must also ensure that casinos are legal in our jurisdiction. The only difference of Web3 casinos from the normal crypto casinos is I think they are kind of decentralized, so KYC can be optional there. That is a good and big thing for many crypto users. I can believe more that regulators demand a KYC to tax the users and not specifically to combat the money laundering schemes and other frauds happening around.

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which have become a means for various governments to earn from the Blockchain network currently
I'd say crypto, more than Blockchain. But Blockchain is I think also huge and without it, cryptos and Web3 casinos won't exist. So maybe it's nice if people can also give credits to it sometimes.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Solana Memecoin: The Inverse WIF | FIW on: June 10, 2024, 04:52:53 AM
As far as I've also been seen some of the Solana network projects, they have all been amazing and to start with WIF among others, it has come to general awareness that the recent trending network has been found with the Solana network in which when you invest in any of their coins or tokens, you will not regret making such decision  because they have been reliable and consistent in terms of having good performance.
Aren't all chains/networks like that? In each of them, not all projects found there are crap but there are still some who have a good potential. It's just that the spotlight is in Solana now but soon it will get shifted to the other. So, be sure to also start hunting projects from other chains/networks which you think has a good potential for the future. WIF must not be the first Solana meme coins but I've heard others too. Maybe this is the only one that sticks in your mind because in fairness, it also pumped up nicely judging on the positive attention it's receiving nowadays.

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the recent trending network has been found with the Solana network in which when you invest in any of their coins or tokens, you will not regret making such decision
Maybe you mean to say we will regret? But like I said earlier, there are good coins too on other chains/networks, so why not right?
15  Economy / Trading Discussion / Re: I discovered the best way to onboard people to Bitcoin on: June 10, 2024, 04:00:22 AM
Learning and earning are great things. I try to do the same, too. The only difference we have here is that I focus on the left part of the bell curve, those "really bad at investing" ones, lol. The best way for them to earn is to join this bull rally and HODL Bitcoin(DCA on Bitcoin) since this strategy has been shown to outrun ALL other strategies in the Bitcoin Bull market for over 90% of people.
But before earning, you have to learn first on how things work. The common problem we see in trading, is that many wants to earn immediately and they try to skip the most essential part which is learning. Once we already learned trading, it's also great to continue learning as it allows us to try different approach which might help us earn even more. For those who sucked at trading, indeed that they can just try to invest instead as it is much easier.

I mean we will only buy and hold because there is still a hard part there and that is to have a strong and long patience and trying to resist the temptation of selling once the market is crashing or pumping initially.

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HODL Bitcoin(DCA on Bitcoin) since this strategy has been shown to outrun ALL other strategies in the Bitcoin Bull market for over 90% of people.
HODL'ing and DCA'ing are two different things and the reason why DCA outsmart other strategies is because of how it works like we will continue buying, disregarding whatever price is there.
16  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 09, 2024, 07:05:31 PM
In today's 19th match of India vs Pakistan team India came to bat. Team India came to bat and scored 97 runs in 15 overs losing 7 wickets. Team India batsman Rohit Sharma got out for 13 runs off 12 balls. Virat Kohli's previous match is also good.  Couldn't play in today's match and got out with 4 runs in 3 balls. Pakistan team started a good performance in the bowling line. Pakistan team bowler Naseem Shah took 3 wickets in 3.5 overs.
Pakistan team started batting and they formed a batting partnership of Mohammad Rizwan and Babar Azam as the opening batsmen. Pakistan team can definitely win if they can patiently defend the wicket and perform for a long time. Because this game is basically a fighting game full of intense competition, and a lot of people are playing this game today. Aiming at the target of 119 runs only, Pakistan team has to perform, today's game is possible to win if they perform well.
Win probability was 98% but now after wicket of the Fakhar Zaman it dropped to 90% mean things can take changes as well with Pakistan which is having nature of inconsistent and unpredictable are never been easy to win games even they are chasing small total in these conditions right now we are having Mohammad Rizwan and Imad Wasim on crease and pressure is mounting because runs are not coming due to good bowling from the Indian team and fielders are also good even required rate is still @6 but can we have another twist from here it's always on cards while we are having El Clįsico between these arch rival countries which are having very entertaining history in this game for long time specially in ICC events.
17  Economy / Trading Discussion / Re: New to crypto trading - Is now the time to get in? on: June 09, 2024, 04:56:53 PM
Basically you have to wait for the right time to trade. If you are new to trading, you must acquire enough knowledge before trading. When you gain enough knowledge about trading, you will know enough about the trading market that you will understand yourself when it is the right time to trade. But if trading can make us always plan long term and check the market, then surely we can achieve success in trading. There are many newbies who are new to trading they may not understand so much in the first stage they are too hasty and in haste they make bull decisions and because of this wrong decision they have to face losses in trading. Therefore, if we always have a long-term plan in trading and check the market and trade patiently, we will certainly be one of the successful traders in the future.
Well, its true about what you have said but also we need to remember that there is demo account in any trading platform, learning is not enough a beginner should also try to execute their knowledge in trading, in order to do that they need to do trade, so demo account is the best option so that a beginner could familirize with the platform and also can experiment in trading without worrying about losing money, I think its better to have atleast months of practicinf in a demo account so that a trader could be ready in any situation in the market they are trading with. That is the common mistakes of beginner traders they are starting to trade in live account immediately so that they are losing a lot of money at first then they will never trade again because they experience lose of money which is not a good thing.
I think it doesn't make any sense on why they are learning trading and they will never apply what is taught to them. What they are doing here then? Lol. You are right with what you said about demo trading but 1 month can be short or long depending on the person that is using it. There is no definite time but we are the only ones who can figure it out.

Those who are serious is I think will make sure that they are now ready and they won't rush things because they are the only one who is going to suffer. Those who trade live in an instant are either not learning well, or they have an experience before in other financial markets. Losing money is bad but no one wants it to happen. Just like gambling that losers keeps on coming back, it can also happen here in trading.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: June 08, 2024, 07:48:42 PM
Bitcoin is known for its stability and social trust, and is also called “digital gold.
A promising altcoin is Binance Coin (BNB), which is one of the largest cryptocurrency exchanges and can also reduce transaction costs.
Bitcoin is recommended for its stability and reliability.
It seems like your explanation goes straight to the goal and to the target, but you forgot to mention another one, which is ETH. ETH is also very fundamental and for altcoins ETH is the king. For BNB, it's good too, but in general, BNB's rating is still below ETH, of course, even though they have their own exchange and this departs from the level of trust and response from various opinions that I asked my friends who have been surfing in the world of krtipto for a long time.

My question may also be the same as the other beginners at that time. I want to invest now what I bought first. Their answer 1. BTC, 2. ETH 3. BNB at the time.
Maybe he also mean it? Because he thinks that there are much better altcoins than in Ethereum and one of it is BNB. If I were to pick an altcoin, I will also go for Ethereum but when it comes to simple crypto transactions, I can consider BNB if TRX and MATIC are not available.

Yes, BNB is backed by Binance (the biggest crypto exchange up to date). They have lots of supporters because of that but it's just that Ethereum is much older than them and Ethereum is like Bitcoin which is the backbone of the altcoin, this is why it is always taking the lead. Ratings are only ratings anyway and some coins still has their own charm.
19  Economy / Gambling discussion / Re: UEFA Champions League 2024/25 Season on: June 08, 2024, 07:18:50 PM
With such high expectations from their fans every season, I think Liverpool have to give everything if they don't want to repeat the same bad season next season. Therefore, once they experience a deadlock, everything must be anticipated well and not let it continue.

In the Champions League they will still be a team to be reckoned with and with the depth of their existing squad they can still face other strong teams. It's possible that if they have to meet Real Madrid in the knockout round, it will be a nightmare for them considering that every time they meet against Real Madrid they won't be able to continue to the next round. Arne Slot must really learn how to overcome rivals Liverpool or other strong opponents so that he can achieve maximum results in his debut season.
Expecting a lot from Liverpool made sense until now, but I think it's time to realize that things aren't as good as it used to be. They do not play with some of the great players that they used to have, and that is understandable, plus they lost Klopp, plus Salah is on the edge, maybe he could leave too.

When you think about all those, who are they going to win the league with? Nunez? Of course not, the fact that they finished third with the current squad shows that if this squad is third, next years squad most probably will be much worse and I think it is going to be something that will take a while and I do not think that we are going to see anything change. In the end, they are going to be good one day again, just not seeing that soon.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing wisely in memecoins can give you returns. on: June 08, 2024, 05:55:55 AM
I think you're sharing a smart tactic, but I don't think memecoins are smart investments.
And that is why he is sharing a tactic there, to out smart them. Cheesy

I think they are like gambling. Playing a gambling game can often give better results... Smiley

We all want to make a lot of money and get rich, but if we don't make the right moves, this market can swallow us like a black hole. I'm not too keen on the idea of investing in memecoins, so I'm not going to consider your suggestion, even if I agree that you are using a smart tactic... Smiley
Indeed they are. Not only them actually but any type of investment asset has a risk the same as gambling. It was like their odds are only boosted and that makes our chances to hit them to be slim. They can be fun too for some, just like gambling but for me, indeed that I can enjoy more in playing a gambling inside the casino because of the cool graphics of the game and their catchy soundtrack Cool.

Money is important because we are using it to buy our basic necessities but there are people who are already happy and contented with a minimalistic lifestyle. No one is forced here anyway, so just go on what makes you happy.
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