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Yeah I also doubt that anyone could always make profit from crypto trading, crypto and stock trading is different, in crypto most of the coins are decentralised, so it can be manipulated, so chart and technical analysis can go wrong, maybe you can't win every trade but I believe there are people here that got huge profit from trading, and they won't be bragging about iy
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I personally not too agree with such an immediate switch, it is a big concern for an older generation who doesnt know how to used advance technology, I think the wise way is to provide two ways of payment which is cashless and fiat, cashless transaction is very useful for speed and efficient transaction, but machine can be broken, the Internet also can have disturbance, if we only rely on cashless and something wrong then all of the transaction could be paralysed
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That is actually not a smart way to survive in red market, when the market is read the best way is to buy some more and hold, trading could be an option if the chart show that the price going to fall down further, investing in master node take too many capital to start and the ROI also quite long unless you are investing on infamous coin, making a bad movement in red market could end up losing huge money, so everything need to be calculated carefully
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Definitely younger people, we need younger people to join crypto because they can come out with new innovative way to used crypto, and younger people tend to more curious about new things especially something related to technology and they are more open minded than the old generation, the old generation prefer a slow and secure investment
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Its great to see a government dare to make changes, and want to try new things, crypto can be very useful for transaction system and with implemented it, it will open the new potential of crypto, this is definitely a good news and will be a good example for other countries to try embrace crypto
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Lottery ticket price and the wish to buy that ticket completely depends on the price money and personal risk taking capability. I would probably pay 5K SAT to 20K SAT depending on the winning price. Also the risk profile of individuals determines the value for each individual.
Secondly, what I understand that you would not have a website for such lottery, that means the organizer would not have a physical existence! That's a big no-no for me! I would not want to invest anything which doesn't have a physical existence. I would always prefer some website along with a license to run such business activities.
Lastly, just a suggestion! Don't make just one winner for each lotteries! Instead make 10% winners out of the total participants and divide the jackpot to them. As it will increase the chance of winning, it will attract more people to participate in your lottery!
I agree that the price should depend on the prize, and it should be more winners, but I want to be more focus on the problem why there wasn't many lottery event, it was because people were concerned about the transparency system of drawing, the trust level of lottery was really low, the interest level was also low, you need to build some trust before you can create a lottery game, when you said you want to be as transparent as possible people will question your method, and your answered will be the key to gain trust and make the lottery event become successful |
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I don't think bch is going to replace bitcoin, bch price is full of manipulation and the transaction volume is not as high as bitcoin, the popularity is also not positive, most of the people blamed bch for the bitcoin stagnant growth and accuses bch was created only for some group to make money, as long as bch stigma still like that, bch won't stand a chance against btc
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Yes blockchain could be the solution of many problems that require transparency transaction, and there are so many potential that still unrevealed, some of the countries already implemented blockchain and got a good result, I think if it being implemented in every sectors, we will have a better transaction and verification system
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I had done a little reading and to be honest the ads of automatic trading bot really tempting, but many people warned that the result of the automatic trading is not as good as it being imagine, and some claimed that you need the basic of trading to be able to used the automatic, so I think I prefer to used the manual trading technique, its more satisfying and I can gained experience which will be very useful for making profit
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From the history the answer is yes, usually starting from August the price already gradually increase, but don't make any investing decisions without research, the market situation each year is different so history price chart can't be rely, you still need to evaluate the market before buy or sell
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The price of dollar and the price of bitcoin doesn't related at all, each of them got their own market, so the rising or falling of dollar wont have any effect on crypto, and the government need to do something to strengthen the economic, as citizen we can help by reducing import items, but not many people care about the situation, most of the people see this as an opportunity to earn and that makes the situation become worse
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Dont worry about eth, eth still got high transaction volume, eth is one of the greatest coin that able to stay on top for a long time, a little fall down doesn't mean the end is near, every crypto also ever fall down, eth still got a good future, it will be a great time to buy when you see eth fall down
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There are numbers of negativity in crypto due to the decentralisation, the whales market manipulation, the high volatility of crypto that causing a lot of people losing money, the abandon ico project that makes investors losing money, people need to realise the risk when want to invest to avoid these things, and don't too focus on the negative things, there are also a lot of wondeful things about crypto
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Most of the alt coin investors are only focus on the profit and not many of them care about the development or adoption, this makes them only think alt coin for short term investment, but for bitcoin most of the people are focusing on long term, so they really care about news and the adoption, bitcoin also is the core of crypto that got important role, so most people really update their knowledge about bitcoin
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Eth is one of the greatest investment in crypto and now still a good investment, recently the price keep on falling down but that doesn't mean eth is turning into bad investment, infact its a good time to buy some more, it supposed to go up really soon, and even now the price already start to heal
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It's a pretty good program, and it is perfect for people that want to learn and invest crypto but doesn't know where to start, and with the small of starting fund this can attract a lot of new small investors which will be great for the crypto transaction volume, this kind of program need to be supported and spread to all people in the world
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It is true that it will difficult to regulate crypto since we don't need any identification when we create wallet and we can generate wallet as we like, but there are few ways to regulate, like create a local exchanges that require kyc and force all the users to only used the exchanges, make the regulation for every crypto users to register themselves to a regulatory body that handle crypto, and then cooperate with the banking system so the government know who is the users that convert crypto to fiat
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Mixing this over simplified system with Forex or sports gambling even seems like a disaster. Like so not a good thing, they make movies about the failure visted upon the people who dont learn early thats a bad idea.
It is a disaster, even with 50-50 chance, martingale already a bad strategy, with forex or sport gambling that got high house edge, it definitely not a good idea at all, martingale is not a good idea because in long run you will always lose the game, and it's not worth to spend a huge amount of money to win over small base bet, martingale maybe can work in short time and you need to put stop loss, but for long term, it's going to make you bankrupt really quickly |
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Bitcoin price now is at good track, the one that is abnormal was the crypto price when December, the hype is too high, the growth is abnormal, that is why the price went wild, and the after effect is the major correction, and since then people keep on comparing the price, we need more investors to invest but it is difficult to attract investors if the market is full of manipulation
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I think forex and cfd shared a same high risk with crypto trading, and why we need to look for another alternative, it xan split our focus and we can missed the big chance, and forex trading need a lot of money to earn, plus its centralised trading, I need to report all of my fund if I want to trade in forex, so its not a good idea for me
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