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1001  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why ETH dropped 20% from the high peak? Anyone knows? on: February 24, 2021, 01:21:10 PM
Just very normal correction after price went up so much and now it's already going up again about 20% to almost $1700. The reason? well although most of people here might speculate a lot of things but it seems the current ETH market dumping heavily affected by bitcoin dumping like any other altcoins aswell and there's rumour going around about offloading of thousands btc but now it seems the market becoming green again and probably gonna go back to its former price in no time.
I feel that eth can take a long time to get back to its old price because the first reason is still bitcoin, bitcoin was surprisingly dumped, just yesterday, I even thought it would return $ 30000 but luckily, that didn't happen, the market has kicked off the next green, holding hope for those who can't liquidate soon. However, this could also be a way to push more people into buying again and a subsequent dumping, besides this problem, the whale was too excited to pump and made eth overpriced, network costs have become expensive, many users are starting to withdraw from eth, that could be the main reason for the very strong eth drop
1002  Economy / Trading Discussion / Re: Trading without experience and knowledge on: February 24, 2021, 01:05:36 PM
Anyone can do trading, it does not require trading experience and knowledge. But the important thing here is whether he was able to make money or not. If you want to make a profit through trading, you will need proper trading knowledge. Without trading knowledge you will not be able to trade for long as your entire fund will be at a loss.

When I was new to the crypto market, I came to trade without knowing much about trading, which resulted in huge losses. What I've learned from this is that if you go into something without knowing something good about it, it ends quickly. So I think it is important to know the basics of trading.
Yes, trading is for all, it is too obvious that money is ours and we can trade according to our preferences, with no knowledge and no experience, just read about how to execute the commands, we could have become a trader but if someone liked this, I just wanted to advise them to take money and go to the casino, what they are doing is just seeking entertainment, not for purposes invest and make money. Success will be indispensable for knowledge and money only more when our knowledge is filled and developed
1003  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it risky to invest in new crytpo coin/tokens??? on: February 23, 2021, 01:09:49 PM
I personally am not interested in investing in new coins and I stay away because of the very big risk for now, where many fraudulent projects are offered for many reasons when they have already made enough money.  invest in coins that have shown their performance, don't have to be bitcoin and ETH, take a look at cake, sfp, OGN I think the value is stable for now
According to my statistics, your reasoning is a fairly common reason for many people when they are asked about new altcoins and tokens, scams are happening too much and bad team makes new projects less attractive, advertised a lot and listed but in the end the liquidity was too poor and no one dared to invest, that's what I see with new projects. However, sometimes the rewards are worth like the names you say, invest in them early, the profits are huge, only suitable for people with in-depth knowledge and can take risks, not suitable for me and you
1004  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Cardano (ADA) coin hit $10 During 2021? on: February 23, 2021, 12:16:53 PM
If the dump that is happening now would lead to a bear market, I think we will not anymore see Cardano to rise at $10 this year. The bull run was good enough to help Cardano rise to $1 if I'm not mistaken, but it needs a long bull run to reach at $10 which is not likely going to happen given the market situation.

per CMC report, cardano is down double digit in percent now. https://coinmarketcap.com/currencies/cardano/
Worst is bitcoin is down double digit as well, which would affect the entire market.
Exactly what I and many people worried about started happening, in just a few hours and a few short days, the value of bitcoin has dropped by more than ten thousand dollars, an extremely frightening figure and the situation is likely to continue, affecting the entire crypto market. But overall, ADA will not have a chance of rising high in 2021, for a simple reason, when bitcoin is over $50000, the ADA is just over $1, for ADA to reach $10, bitcoin needs a 10x bigger figure, and the market cap needs to increase significantly, such unreasonable would not have happened
1005  Economy / Economics / Re: Bitcoin will replace oil and Gold on: February 23, 2021, 11:55:29 AM
Bitcoin may be able to overtake gold in the near future, in terms of acceptability and market cap. But I don't think that we can use the term "replace" here. And regarding oil, it is a matter of time before it is replaced with cleaner technology. One century of fossil fuel usage has destroyed the planet and within a few decades I believe oil/natural gas usage will be banned.
Speaking of raw materials like oil, I think banning it for decades, even the next century will still be difficult when the sources of clean fuels cannot be compared, we can also see cars that are powered by electricity and clean fuel, it cannot perform as fast as gasoline and diesel cars, and I haven't talked about cost yet, if I talk about it, oil still has too many advantages. Going back to bitcoin, its value started to collapse drastically, capitalization and liquidation happened very quickly, surpassing gold in value is only temporary, gold remains more stable with this era
1006  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think the price of neo will reach $ 200? on: February 22, 2021, 02:53:49 PM
First of all, anything can happen in the crypto world so a coin getting 4-10x in a day can happen. Now coming to the NEO, it reached 4$ in the correction and now trading at 50$ as I write this, but on the BTC pair, this is its lowest point. So theoretically going 4x from here is nothing for NEO. Most of us are at loss in BTC pair with NEO and the support/development from the team is comparatively less. We might see some pump in the future if the team become more active and bring in some features.
Instead of asking the team to be active, I like the hype and some investors like Elon Musk, he will help the value of NEO go up quickly without too much base and of course, how high the price will be up to the community wants but personally, my opinion is quite negative about NEO because its past splendor is a Chinese product, they generate rumors, pumps, help NEO outperformer but they left it behind. Perhaps this price increase is just a support from the market, any altcoin has risen many times as compared to before, this is no longer the NEO era
1007  Alternate cryptocurrencies / Altcoin Discussion / Re: Tron is an outdated coin on: February 22, 2021, 02:19:31 PM
Tron has always been the best coin for small traders like me, as they make free transaction. When I want to withdraw my coins I always use Tron or USDT using TRC20. I don't know how Justin Sun developed the Tron blockchain, but when Justin made Tron for free fees it was very useful compared to Ethereum.
That's right, almost everyone has benefited from the Tron and USDT tokens that have been supported by Tron through the TRC20 network, obviously this is very beneficial because the costs are free with fellow Tron and cheap with other tokens making everyone always happy to use Tron.
And since it already has significant benefits to the community, greatly reducing the cost of transferring money, we certainly wouldn't call it an outdated currency, what we can see is just a difference between a stable coin and a volatile coin, Tron is too stable and there are few major changes in the market, so we can forget about it for a moment while we pay more attention to altcoins that can be more profitable. But in the long run, stability will bring many advantages, a steady increase like Tron is better than a strong increase and collapse quickly.
1008  Economy / Trading Discussion / Re: Do you have a Bitcoin exit strategy? on: February 22, 2021, 02:04:12 PM
I think I am in a kind of self-inflicted hold mode!  Grin Even when I want to sell some deserved profit I don't sell. I guess what makes a true difference for it is that, holding the coins on my personal wallets going to the hassle of unlocking these funds via my private keys mainly discourages me.
I'm bound to hold, that's it.

You will be highly rewarded my friend. I'm holding since 2013 and haven't sold a bit. The temptation is high but if I could resist so many years... a few more years will bring me the financial freedom, I'm sure about that!
Agree that the temptation and the fear of loss nature can cause us to exit bitcoin too soon and miss out on the amazing prices we are now, you are truly a successful person when you've been against nature for years but I wonder if you think about contingency plans. Trust and hold on bitcoin is good but the future will continue to follow this hype or a crash will emerge, and I am worried that what you are against is just the justification of your greed, you are becoming more greedy, your nature is changing dramatically with the price of bitcoin
1009  Economy / Trading Discussion / Re: How trade safely without any loss on: February 22, 2021, 01:45:58 PM
If trade any coin. Frist choose the best coin in the market and follow the price. Then trade it. Coin price is any time to change. So safely use coin. Trading is not easy. First you learn trading market price. Then start the trading. Trading is connected the people. So truly trading. Then people trust you. So trading is good ideas. But you will learn the price information and time to buy and sell. Time is important. So time to act.
But after all the research and investing, we still have to deal with loss and trading becomes insecure for us, even if we follow any of these methods, choosing more carefully in investing, trading without losses is still impossible because this market needs losers and winners, this is the cycle of currency movements in this market, money from losers to successful people. Trading is accepting loss and if fear of loss, it's best not to become a trader, it takes risks to create bigger things, people who live too safe cannot get rich
1010  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum going to Die? on: February 20, 2021, 03:50:06 PM
Now that many big institutions, corporations and companies, even millionaires and billionaires are now entering the crypto space, I dont think Ethereum which holds the top rank altcoin in market would die but instead it will definitely patronize and boost up by this big whales that enters the market.
Yes, this market is getting a lot of money and that shows everyone's interest in crypto and with a position next to bitcoin as ethereum, combined with this nearly entire market reach and relationships, ethereum is truly untouchable and unbeatable, unless bitcoin is gone forever and market reforms and bloodshed keep happening, otherwise, Ethereum will grow as it is now. I find it really strange that many people still have the idea of ethereum's death while the time it has existed has been the most perfect answer
1011  Economy / Trading Discussion / Re: which is a good option?? Trade or Hodl on: February 20, 2021, 03:04:15 PM
In principle, people who are patient to HOLD will actually get bigger profits, but for trading alone, if we have a plan and also understand technically, I think we can also run both of them for profit. For example last year I was averaging 40% monthly profit from trading. and do research with bitcoin hold. In December, the bullish price of bitcoin made my portfolio averaged show almost balanced profits.
The principle you say, it's not entirely reasonable either when some stage, the holder is losing more than the normal trader, even the patience they are always proud of has betrayed them, the account is split so much that it is impossible to return. And finally, the method you mention is the best way to strike a balance between monthly returns and long-term returns, the trader becomes a temporary holder and the holder begins to become a trader, the risk will increase in part, but more profits and opportunities will be created
1012  Economy / Economics / Re: What if there is a natural disaster, such as an earthquake? on: February 20, 2021, 02:47:05 PM
I believe that no cryptocurrency user needs to worry about their financial situation if all assets are concentrated in cryptocurrencies. Even if natural disasters occur in the country in which this person lives, the economy will suffer first of all, and accordingly the value of the national currency will decrease. Based on this, cryptocurrencies have a huge advantage over fiat currencies.
You are truly a loyal fan of crypto because if a natural disaster happens, people will worry more about preserving their lives, they will care more about food and subsidies, the economy and the damage caused by natural disasters will all be the last thing that people care about, nobody has time to think of crypto as you do during the time of disaster. The disadvantage of this story is that many holders will lose their wallets or cryptocurrencies will hibernate in their accounts forever but at least the scarcity will add value
1013  Bitcoin / Bitcoin Discussion / Re: What would happen if the major holders of bitcoin all decided to sell it all? on: February 20, 2021, 02:31:36 PM
Honestly I will not be worried if the whales dump their holdings at the same time because there are a lot buyers just waiting for the dump. Its their only chance to jump in at very cheap prices, the price might tank but not for long. It wouldn’t make since if they dump their holdings these times now that Bitcoin is already on meanstream, I think most of them will hodl for years or sell just some of it.
I think you should start to worry right now when you look at the market cap, the numbers are terrible and the value of bitcoin is similar, the price of bitcoin is going up very fast and to be honest, if a large number of holders dumped, we will not be able to cut loss or close in time and I cannot imagine the amount of money that can be lost with each individual. So, in recent days, I have been taking profits as soon as possible, avoiding whale's improvisation, this dumping can be a new history page, I don't have the courage to jump in when the situation is unknown
1014  Bitcoin / Bitcoin Discussion / Re: Should I accept Bitcoin for payments on my online store? on: February 19, 2021, 02:18:19 PM
If your country is friendly to cryptocurrencies, why not introduce such a payment function in the store? The only thing I would recommend you to do is to find a simple and convenient gateway for converting cryptocurrencies into fiat money...
Converting bitcoin to cash is not a big deal as there are so many groups of individuals that can convert us easily without too much fees, the problem here is whether our country accepts it or not when many countries are quite friendly but applying is not allowed, consumers also didn't show a preference for the bitcoin payment method when it wasn't as convenient as bank transfer. And don't just think about others, we should think about our interests as online sellers, Bitcoin has no fixed value, how do we update and calculate to not lose money with this volatile value
1015  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you get mad when the price of your cryptos go higher after you have sold on: February 19, 2021, 01:32:36 PM
I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.

Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets. 

Do you also encounter this? And how do you deal with it?
Of course, we cannot do without a feeling of regret about the sale at a relatively low price of our tokens. This happens periodically and this is normal. But you should always remember that none of us can always get the highest profits in cryptocurrency. After all, this market is very unpredictable and from time to time every participant in this market will lose lost profits all the same. So we must treat such losses as inevitable.
I also see how much the price of the token or coin I sold has grown. This is necessary to better understand this market.
Indeed, this market cannot be predicted by any other method, the value can spike but it also falls immediately, and the range for the up and down is not limited, so we want to sell at the highest level is impossible, we sometimes feel regretful when we sell too early but at some point we will thank for this action, I used to be very angry and regretful when I panicked selling but over time, I have become more mature and calmer with the crypto market. This market is a competition for survival, a moment of momentary glory will not be able to determine the end result
1016  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could DOGE could reach 1$...? on: February 19, 2021, 12:47:59 PM
Everyone saying doge coin can touch 1$ , Is it possible...? Huh Should i buy or not  Huh.?

Dogecoin has great potential and it is among the top 20 best altcoins that remains between top 50 altcoins. But I don’t think it will go to 1$ in near future it will go but take some time may be 6-8 months. You can buy doge coin for profit but it will go max .23$ as per my prediction.

Great potential you are talking about, where is it located? I have been a member of this market for many years and can see Dogecoin's footsteps from its early stages, much of the time Dogecoin's rise depends on Chinese investors' inspiration, most recently in the control of a whale like Elon Musk, its potential is probably just a tool for others to manipulate. Of course, with manipulation, $1 with dogecoin is still possible but I worry that the development of new altcoins will take over the dogecoin's market, and even bitcoin might ruin the party that dogecoin wants
1017  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB reached $100 on: February 18, 2021, 02:34:16 PM
if im not mistaken bnb was only valued  around 40 dollars before right ?  im confused because im going to say that im surprised that it easily climb over a hundred dollars but then i remeber that bnb is asociated with binance so i think it shouldnt surprised me at all .

 it seems that the binance team are jealous in the hypes arising so they decide to spice the coin a lil bit to halve the peoples atention to them . i hope they are now happy with that decision .
It doesn't just stop at $40 as you said, it has been in the $10 position for a long time when the crypto market was very bleak but since bitcoin broke out and returned as a bright star in the market, plus many events linked via binance exchange, its value is constantly skyrocketing and breaking through old prices, it is very close to the $200 mark, BNB is succeeding and deserving of what it has created. If nothing changes, sooner or later BNB will break that price, unless bitcoin corrects, otherwise nothing can stop bnb
1018  Bitcoin / Bitcoin Discussion / Re: Why don't American Companies make Bitcoin Miners? on: February 18, 2021, 02:09:44 PM
Some American companies definitely have mining farms maybe in China or maybe even somewhere in USA. I’m not sure that companies that own mining farms are allowed to announce about it to an ordinary people. They do it anonymously and illegally.
An economic country like the United States, probably the vast majority of companies will secretly pour money into this market, invest in bitcoin and the altcoin top, and with just a few small twitter posts, all that was enough for them to be more profitable. Becoming a miner and having a bitcoin mining farm is probably not right for the law of the country, the tax issues will be very heavy and sometimes weather risks can hurt productivity, cooperation with China will probably be zero when the relationship between the two countries is very strained
1019  Alternate cryptocurrencies / Altcoin Discussion / Re: taking profit can be hard sometimes. on: February 18, 2021, 01:49:02 PM
Sometimes traders are in good profit but they could not decide whether to take profit or continue to hold it is just because the market is booming and mind says the market will rise more so we should wait some more time and while deciding this sometimes end up in a loss of profit so the target should be set in advance and when achieved should not be greedy for more. Apart from this one can sell that much amount that returns its principal amount of investment and rest can be hold for long.
If a trader doesn't know how to handle their profits, I can only say that before starting work, they didn't define the target they wanted, they didn't even have a backup plan and when unexpected situations come to them, too many options confuse them and sometimes it will be a failure in investment, end up in loss as you say while their selves are making a profit. My advice is we should maintain certain goals, set stop losses with positive returns, this market does not have absolute profitability, sometimes we should accept little profits, instead of crying in failure
1020  Economy / Gambling discussion / Re: Thailand government seeks measures to tackle the problems of illegal gambling. on: February 18, 2021, 01:32:39 PM
That would be really hard to accomplish.The same as corruption, I don't think it would be that easy to be able to take down these illegal gambling as there are a lot of people that for sure back them in these kinds of activities that might be a member of the government. In our country, gambling is not illegal but there are this illegal cockfighting and some of them could just get out because an officer knew them or someone close to these officers talk them out for their freedom.

70% of adult population were a huge number and Thailand would really get through a lot to tackle the problems of illegal gambling in their country. Gambling is addicting and no doubt that people will going to do the prohibited in their law to gamble. And to be honest it is a reality and even i could witness those kind of illegal gambling here in our country, in our society. Our local governments has a law that prohibiting a cockfighting but then those gamblers couldn't be controlled.
Well, not only Thailand, almost all countries are facing underground gambling activities, and despite the strict precautions, gambling continues to be very widespread in society, psychology of wanting to search for losses and gambling addiction has not really been solved yet. I think when the government bans more, gambling gets bigger, why don't the government try to legalize it as an activity, a service for many people? With strict tax regulations and control over the player's loss to the extent allowed, Thailand will surely solve the illegal gambling situation.
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