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101  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: April 22, 2021, 02:22:51 PM
Risk management is key, no matter how good a traders is at  technical analysis if he doesn't apply risk management it's certain he will be in great lose someday, some times analysis might go wrong but with the help of risk management the lose won't cause much damage or having great effect in the portfolio of the trader. Risk management is key without it many people trading with leaverage will liquidate so quickly, in margin trade risk Management helps alot to sustain one's account even when there is a crash in the Market, with risk management your account will still be breathing real good.

Yes it is and always because risk management was the one who can save you from huge loss ahead. Even how good a person is in predictions, in trading, gambling, or in investing as long as he doesn't know how to manage the risk he was willing to take experiencing a losses may always be happen. It is also a must that we know how to do our own technical analysis, to have our own research and study the crypto that you are willing to trade or invest because from here you can measure what kind of risk management you must take.
102  Economy / Speculation / Re: BTC reached ATH 62K - are we on another milestone, 100K? on: April 22, 2021, 01:29:11 PM

As interest creates more speculations, bitcoin price on latest updates didn't went good as everybody expected to happen. That $100k predictions might take us towards challenging journey, and for me it's not easy to fulfill because corrections always trying to hinder those potential pumps.
More traders can't control their fears, that's why they tend to follow what they're about to see on recent market changes and movements.

Well at some point those speculations have helped bitcoin to be more known by many people, those who haven't any idea or even heard about bitcoin got to know bitcoin because of the promotions, or even tweets of those known personality in the world like Musk. However, what the current market price of bitcoin today doesn't justify what we had expecting about the possible effects of those speculations. Now, bitcoin are being under some price corrections and from the last high price of $64k now it is goes down into $55k.
103  Economy / Speculation / Re: Bitcoin will drop to 20k is not time to buy btc now on: April 22, 2021, 12:44:03 PM
To be honest if you will be able to try every single person here in the forum, they will definitely say that the bitcoin will never go to that dip of around $20,000 and also I doubt that it may drop on that kind of super dip. We can see that the market is red this time in which almost all of the cryptocurrency are getting low including bitcoin, but what we are pretty sure about is that bitcoin will not go to that dip because the market correction was really strong and it will not happen to bitcoin to dump so hard.

Count me on as one of the person who are believing that bitcoin were going to dip down to $20,000 or below. Actually what I have believing and base on my technical analysis maybe bitcoin could undergo a process of price correction or dips but i doubt that it would go down at $20k because the bitcoin market today was too different from the past. Bitcoin today was already known to everyone, even to the big investors and big businessman in the world today are being attractive to the  bitcoin.
104  Alternate cryptocurrencies / Altcoin Discussion / Re: Give reasons why ETH is better than BSC on: April 22, 2021, 11:18:34 AM
ethereum has been around for a very long time and has a very loyal community. the role of the community in ethereum is very large and important. those who made ethereum remain in 2nd place despite knowing that there is currently a problem. if this were the case on another platform, maybe we'll see the downfall that occurs. but otherwise ethereum is not like that. bsc might be good, but if this platform had problems like ethereum, would it end up being the same?
For me Ethereum was still and always the dominant altcoin existed. However, the drawback of having a high gas fee of ethereum drags it down and also maybe one of the reason why the new rising altcoin projects choose to have a Binance Smart Chain than ERC. But the mere fact that the community was still believing in loyal in ethereum its a big factor to consider why ethereum is still better, also the market worth of ethereum was still amazing.
105  Bitcoin / Bitcoin Discussion / Re: Why are there so many negative posts about BTC lately? on: April 21, 2021, 02:35:52 PM
i guess its because the value of btc goes down a little and people starts to think negative after that but this are not related to doge supporters . btc and doge supporters are infact united because elon support both coins  .
he dont want to dump or pump the other but he is going to move both coins just to be fair . dogecoin is not destroyed but it was build up .
 if we look at any angle theres no way that doge coin can win over btc

Most probably yes the sudden going down of bitcoin market price was the main concern of everyone today. There we have a some thought of selling our coin because we're aftaid that we are not going to enter a bear market. And we can actually see the market movement of bitcoin for the past few days, the last time I check the coin market cup I see bitcoin in a $64k value now bitcoin was in a $54k so this might be alarming. The dominance of bitcoin of bitcoin also gets lower.
106  Economy / Economics / Re: Charlie Munger: "Bitcoin is an artificial substitute for Gold" on: April 21, 2021, 01:52:40 PM
In reality, things are much more complicated than some describe here. Bitcoin and gold have their own advantages and disadvantages. Moreover, in terms of their characteristics, they are more diametrically opposite than they have any similarities. They are actually united only by the high price, but in all other respects they differ sharply from each other. It makes no sense to describe their distinctive characteristics. If we consider the price, then Bitcoin loses here, no matter how high its price compared to gold. Gold has an almost constant value. As for bitcoin, its high price volatility overlaps with all of its really good other characteristics. We have no guarantees that there will be no situation that tomorrow we will wake up and see that the bitcoin price has dropped to $ 20,000 again, or even to $ 10,000.

In my case I am looking bitcoin and gold in different perspective. I don't think bitcoin could be known as an artificial because bitcoin has its own purpose. Gold has its own purpose too. But the approach of dealing in bitcoin and gold was also different. But both thing were used as an investment too and both worthy in value. But today bitcoin's worth are too high and varies as time goes by. However, gold was worth it too but with a constant value. And as an investor we'll probably wanted to have a constant ROI than taking risks for a varrying ROI right.
107  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins replace Bitcoin?!?!? on: April 21, 2021, 01:06:40 PM

It is not just difficult but it will be completely impossible. I have been watching such debate for years but I am sure none of us has come up with any proper reasons to have altcoins to be replacing bitcoins. When we are unable to find a reason itself, how it will be happening practically? So, I am strongly believing this kind of debate will never seed anything into real life.

If you consider bitcoin dominance in crypto space against altcoin is shrinking but that is not a measurement that we need to consider the potential of bitcoins but that is just an indication who is enjoying more new investors and nothing else.

I have seen the crypto market when it was in a bearish trend and as days and years passes by the cryptocurrency market today was too far different from the past 2 years and even in the bearish trend of cryptocurrency bitcoin was and still managee to dominant the crypto market. Thinking about the possibility that there might be a new rising altcoin that can beat up the dominance of bitcoin was possible but as of the moment it was also impossible.
108  Economy / Speculation / Re: Game over to Bitcoin Time to sell all on: April 21, 2021, 12:30:57 PM
Currently the value of bitcoin is going down again we should not  lose hope because it will go up again. It happened before, we should tried to be patient for us to gain more profit and dont sell all. For me, I do believe of what bitcoin can do for us. And who knows because of bitcoin, our life will change for the better.
Apparently the bitcoin price was continue goes down but in my own opinion I didn't expected bitcoin price to goes lower than $45k or much worst history repeat itself wayback 2017. The cryptocurrency market have gone so far than it was wayback that year so it was impossible to be like that way. And I do believe also that it should be the turning point to sell bitcoin, maybe if required it could be an option
109  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Taking the opportunity, or nothing ! on: April 21, 2021, 10:28:38 AM

I do hope as well but we can't manipulate and still hold the market to keep on high, dump is inevitable, and surely it soon to appear next to Bullish season. Much better to anticipate that possibility so it never surprises us once it arrives. Isn't pulling the negative but as we all know that we are not in control of the market, it dumps and dumps, and nobody knows when.
That be crazy if we just thinking positively all the time knowing that this thing could really be happening.

The altcoin market today was really quite amazing and we can conclude therefore that this month was a season of altcoins. We all do hope that this bull market season of altcoins should've last but we couldn't control it to make it last. The market was keep on varying depending on the supply and demand of the coins. To be honest there are so many good altcoins in market today that was worth to invest for, and this month proves it.
110  Economy / Trading Discussion / Re: Is trading an occupation? on: April 21, 2021, 07:50:37 AM
I also believe that trading is a kind of occupation it is a work that also needs effort to earn profit, you need to work or fucos on it to avoid a big lose, because trading is not an easy work it is a very risky work it needs experience and we need to be smart to avoid losing of funds. So we also need to be careful just like some other work for good.

It is indeed true, trading can be classified as occupation and like applying for a job in a business world trading has also kind os specifications and skills needed to be able to ffit yourself in this kind of job. What makes it more unique in my own opinion was the thought that here you can have your own time management, there is no boss that would point you out do this do that, you are the boss but trading has a risk and might cost your time depend on how you dealt with trading properly.
111  Economy / Economics / Re: Big test for Bitcoin during the next Economic Collapse. on: April 21, 2021, 07:12:06 AM

I would not be so confident and so complacent and would like to remind you about the collapse of the bitcoin price at the beginning of the pandemic. I would rather say that Bitcoin has successfully passed its first exam as a defensive asset Wink The pandemic has not gone away yet, and new waves continue to roll over the lives and economies of states, forcing central banks to continue printing more and more money. But no one knows for sure how the exchange rate price of bitcoin will behave when such government programs are curtailed, and there is a fear of seeing the collapse of the bitcoin price then.

Nobody wanted this pandemic to started anyway if only people could changed what had happen and choose what should happen for sure this pandemic would never be chosen. We never expected it because it cost so much on every countries economy, it cost people's lives, unemployment and poverty. But one thing for me is sure that a good thing happen was cryptocurrency began to make a landmark, to be introduced to many, and able to make to raised values into a new ATH. However, we are now concerning on exchange rate price might have also increase over in time.
112  Bitcoin / Bitcoin Discussion / Re: What will you do if Bitcoin hits $1m in the future? on: April 20, 2021, 04:56:16 PM

I know bitcoin reaching $1m seems unrealistic right now, but how sure are you that it's never going to get there?, remember those who sold bitcoin at $1 back then never believed it would be able to reach $64,000 per bitcoin, the world is full of possibilities likewise the crypto space, anything can skyrocket at any point in time, maybe in the next 10yrs from now, it could get there would knows, but never say never.

Well honestly speaking a Bitcoin worthing a $1million each was not good to be true, unreallisticaly but on the other hand was not also impossible however I do believe that it may take a long time to wait before it could happen. Bitcoin was a crypto with full of posibility, positivity and worth if I will be going to ask if what wkulf I do if bitcoin hits $1million each in the future, then I'll definitely be kne of the millionaire's of our country too, i'll definitely hold my bitcoin today to reserve for tomorrow.
113  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [OPEN] Whale Maker Signature Campaign | Upto $100/w | 50 users & Member+ on: April 17, 2021, 04:35:13 PM
Current number of post (Including this one): 2039
BTC address (Segwit): bc1q7vz9v0psm6wdhlaje8s7f28n66kxjlhw9gajhw
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Merit earned in the last 120 days: 6
114  Economy / Speculation / Re: The power of Bitcoin HODLing on: March 31, 2021, 05:29:05 PM
There is no point in crying for a missed opportunity, especially to go back to 2010 when few knew that Bitcoin even existed. I also don't believe that anything can be learned from all this with BTC, only if someone thinks that something new and better than Bitcoin will appear?

Recognizing the right financial opportunity is something few people have a nose for, because if it weren't so, there would be fewer poor people in the world than the rich - and we all know that's not the case. For all those who think BTC has a future, don’t be discouraged by the current price and invest as much as you can afford and you won’t be sorry even if you lose.
Lucky are those who have met bitcoin in their life on the early stage of bitcoin in the market and build their trust in crypto to invest in it and hodl their bitcoin till now because they are definitely gain their profit a 1000x than the amount they purchased bitcoin. But if there might be hodler that hodl their bitcoin from the start till now o bet that they are only few, and especially those who have the capability to adopt and those who are curious about the newest trend technology.
115  Economy / Services / Re: [OPEN] JacksClub.io Signature Campaign | Full Members+ | Up to $55/Week on: March 30, 2021, 05:51:29 AM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=105609
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116  Economy / Trading Discussion / Re: Online Gambling 'or' Day trading cryptos- Which one is more lucrative? on: March 28, 2021, 02:26:15 PM
I’ll go for trading since the result are more predictable compare to gambling that any strategies will not work at all. In trading, we do analyze and that’s how we make money and the probability to win in gambling is too low yet its more risky. Nevertheless, these two are still risky and for me gambling is not a best place to make money because its for your entertainment only, while trading is full of work.
Actually considering gambling to be a source of income or a means to generate a profit was for me a sort of things that don't need to figure it out because it was so impossible to make it as a means of generating a profit. Me in myself, i don't personally considering it as a lucrative coz it's a total kind of risk means there is no other way around than expecting your capital life in a win or lose aspect that has a sort of luck flavored on it. I didn't mean that trading was not risky, but here you can apply for a technical analysis and skills you have to wim from it.
117  Economy / Gambling discussion / Re: What age bracket is perfect for gambling on: March 27, 2021, 12:20:28 PM
the most important thing in my opinion is that those who are more suitable for gambling are those who already have a steady income or a steady job.
And their gambling capital comes from their jobs and only uses extra money, they gamble just for fun when they have free time, and some of my friends do and they are around 20 to 25 years old on average.
so the right age to bet is 20 years and over and already have your own income without harming anyone else.
Well as far as i know there are traders that started trading at their young age. I guess those young traders have previlege in life or their parents are been doing trading too so that they teach their children how to trade too and also they provide their capital to start trading. But honestly speaking, i guess at age 20 is already enough to handle trading and the fact that at this age we can understand it deeply and can commit themselves in trading.
118  Economy / Trading Discussion / Re: Is it really a benefit that nobody controls the price? on: March 26, 2021, 03:48:30 PM
Because what they only want to see is the pumping of price and there's no balance in the dumps. It's always frustrating to see that the market would move on its correction and we don't want that to happen if we're only wanting to check our portfolio's capacity and market value.
But it is the reality that whenever a correction comes, it must be an opportunity that they should take and do buy as they wish on those times.

What's exactly a reality, we do curious or feel anxious why there are a sudden downfall on the crypto market especially bitcoin which as far as i know now the market was totalky boom and in fact we are now have a lot of huge investors and the bitcoin were now used and accepted as a mode of payment like Tesla but why there still those fluctuations? And simply it is because cryptocurrency was volatile and to be honest the fact that the government has no control over it was the beneficial among other reason.
119  Bitcoin / Bitcoin Discussion / Re: Its coming i faster and would shock most people on: March 25, 2021, 03:27:26 PM
Bitcoin is so popular all around the world mate so this is not possible to happen, and in my opinion perhaps day by day there are some businesses such fast food and grocery and etc, that gradually accepting btc without knowing because it's very easy to use when it comes paying bills , but unfortunately no one share some news about it. Because the fact that it cannot help the growth rate of btc. That's why most of the news nowadays show only a popular companies, establishment and etc on their reports .. Anyways all i can say is this is a good news maybe a reason why the growth rate of btc at this moment showing green, and i hope it will keep going again.


It is now already known by many people worldwide and maybe the adoption of the real businesses about the other method of payment such as using cryptocurrency especially bitcoin as a payment makes it more popular to everyone. We can't stop bitcoin to grow more and more each day, and also let's count on this that adds up on the popularity of bitcoin was the propose service of Tesla company accepting bitcoin as a payment plus there is no need to convert it in fiat, was a good consideration isn't it.
120  Economy / Speculation / Re: Bitcoin back to $ 10,000? on: March 25, 2021, 02:19:03 PM

No one can say for sure what will happen in the future. The Bitcoin price may seem high at the moment, but it may look like a good price to enter in a few months or a year. Imagine what the current price will look like when Bitcoin is at 100k levels. I'm sure many will regret not buying it before. Just as many regret about past times but it never occurred to them to buy when bitcoin broke 20k earlier this year.

Personally, I love that famous saying: The best time to buy bitcoin was "yesterday" and the second best is "today"! Wink


Base on my technical analysis on bitcoin market it seems that it shouldn't goes down at that point which it will only have a value of $10,000. It may have a price correction of lower than $40,000 but not that lowest. I didn't also know what might be the threshold that might cause bitcoin to be in that lowest, but to be honest, there are some of us or prospective investors of bitcoin that are also waiting for this bearish market.
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