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1121  Economy / Trading Discussion / Re: risk to reward the right balance? on: December 15, 2021, 03:22:00 PM
We have different strategies so maybe it will not work for you, i always used the 1 is to 2 ratio to prevent massive losses.. But sometimes below the weak candle i consider it a safe placed as well to protect my capital from errors and the take profits it depends on my analysis . By the way i used to trade swing, break and sometimes scalping and for me that risk to reward setup is very useful. Less losses and big profits that's what it's.
1122  Economy / Speculation / Re: Reason for the dump in Bitcoin and most of the Altcoin? on: December 15, 2021, 01:29:07 PM
Things were getting better as we were expecting a pump in the value of bitcoin but it was dropped by over 10%. Is it just the usual December pulback or it is here to stay I mean a long bearish run? How are you preparing for a possible bull trap and now even if it was temoprary it might take some for the market due to fud.
probably most gainers wants to keep their profits for good i mean for xmas as well reasons market suddenly turn into bearish.. Its very skeptical indeed wherein to let your money floating especially on this month wherein you know that most people need money. Lol maybe month of January there will be a changes again as it's the right time again to make investment for long run. A new beginning!  Wink
1123  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin is more green? on: December 15, 2021, 12:06:04 PM
Again Elon Musk has said a word about bitcoin and Dogecoin.

Look at his tweet and that's why there's sort of pump for Dogecoin because he said that it's more of a payment than bitcoin.

People are riding the hype again, but I don't think that you can't beat the market anymore if it's bearish.
bearish is bearish no one can survive in it. Lol unless if it's a new project because usually they're making hypes in the market at the start up but catching the prices during the event isn't safe as well due to FOMO.  Grin better to wait until the bull shows a sign again in the market in my personal opinion wherein than take the challenge just to make profits on this current situation.
1124  Economy / Speculation / Re: Can I recommend a friend to buy Bitcoin now? on: December 15, 2021, 10:57:57 AM
this year bitcoin has reached ATH 2 times and for the future no one can predict it with certainty, according to anytime is the right time to have bitcoin because very fast price movements allow everything to happen both profit and loss and what will what happens in the future with bitcoin, as many people have predicted, of course it is not too late to buy now.
what? I read it three times but still i can't get it, i mean what your saying above mate only the last part.  Grin  of course its not too late to buy while it still making correction. Infact that's a big opportunity because you can buy at the very dip level. Just be patient and also think positive if you already put your money in it because this situation is part of the market game up and down or buy low and sell high.. So expect after the very dip there will be more buyers again until the price skyrocketed, just don't be hasty.
1125  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the most profitable cryptocurrency to invest at the end of 2021. on: December 15, 2021, 09:33:03 AM
Cryptocurrency has a fairly large volatility on the market. When prices rise, investors are interested in Crypto products and if the market falls, they suffer big losses.
However, there are certain strategies used by experienced investors to make money with cryptocurrency. Cryptocurrency trade is the fastest method to make money, but there are many volatility that make it very risky.
on situation probably not good to invest while market still making correction because it can cause losses afterwards even before this year end as there's no positive sign that market may bounce again so it's quite skeptical.. I will agree in trading through scalping because indeed there still some alts that making hypes despite of the situation but it will be a good idea only unless if you're knowledgeable how it really works.
1126  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ankr Price Prediction – Will ANKR Price Hit $0.5 Soon? on: December 15, 2021, 08:51:28 AM
Ankr token is one of the crypto that making good pumps this year wherein along with some of the trusted crypto in the market. So its not surprising this project will make good progress again once market become fine because obviously on this situation its too hard to tell if they can fight against the corrections since most crypto were struggling as well. Perhaps next year it will be a good year again for them.
1127  Bitcoin / Bitcoin Discussion / Re: What to answer when asked "Can I make money mining bitcoin?" on: December 15, 2021, 08:16:30 AM
You may make money, but that will take time, and it also depends on the electricity bills in the current area. If the electricity bills are relatively high, you can get bitcoins through purchases. But I personally think that mining Bitcoin will make money, but you have to spend a lot of time, energy and even money.
it can cost high electricity unless you used a very heavy equipment for your machines to mine. If not probably it will not consume but less profits as well.. Because as far as i know mostly provide very expensive hardwares for it in order to have good profits.. So if want to build mining and wants good returns from it then make sure you can afford to provide those important things in mining.. Its like investment as well to be honest.  Wink
1128  Economy / Speculation / Re: Comparing bitcoin halvings - 2012 to 2020 on: December 15, 2021, 07:21:38 AM
The only one thing is for sure is that Bitcoin is increasing year by year that's why i did not use some of my assets for my expenses cause i know that Bitcoin will show more in the next few years, it is worth waiting for if we know that there is worth waiting for.
yhup that's how very optimistic bitcoin is wherein despite of some situation that can drag the price down it's still growing and breaking all time high..for me if i owned large amount of BTC i will keep holding even in such situation because i know after how many years it still at the top and will become very expensive in the future compared now it's proven and tested since 2016 when i was new in the space.  Wink
1129  Economy / Trading Discussion / Re: Two Australian exchanges collapsed recently, remember to withdraw your bitcoin on: December 15, 2021, 06:30:13 AM
It is also best to remember to stick with the most reputable exchanges so that you have a guarantee that they won't just go out anytime without notice.
Because they are registered locally and they have a mandate to inform each of their users of what they're going to do like closure.
correct! Even it required kyc it doesn't matter in my personal opinion as long as your money is in a safe place that's good enough.. because nowadays we cannot trust any exchanges or platforms when it comes holding any assets..so much better to pick or choose which is trusted platforms and can guarantee the safety of our money wherein to assure everything will gonna be alright, indeed its very common problem so it's skeptical to trust nowadays..
1130  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon doesn't own Shiba? on: December 15, 2021, 05:07:53 AM
Probably it's done.. Elon become so quiet maybe next season he will appear again and making noise in the internet. Lol, by the way i dont know if you guys believe what others saying that elon's isn't part of shiba inu project although the name of that token came from his dog itself .  Cheesy infact it's been 3 months shiba inu becomes stagnant and that man remains quite until now.. Maybe it's true?.
1131  Bitcoin / Bitcoin Discussion / Re: "Only invest an amount you can afford to lose" on: December 14, 2021, 05:08:50 PM
Yup for me in my personal opinion as well its totally necessary because we all knows how very optimistic bitcoin nowadays. I mean how it can always survive and break all time high value despite of some negative feedbacks around the internet and etc. It's pretty amazing to be honest because way back 2019 i had doubts about this assets. But the time goes by i was really amazed how it becomes so expensive. So for me no investing bitcoin isn't a bad choice because its a good decision to be honest especially on this kind of situation..
1132  Economy / Speculation / Re: New all time high record | $66,000 on: December 14, 2021, 03:13:31 PM
The highest price coordination meeting was missed with a price of $68k with a one-day lamarlnys, then the market started to weaken like going down a mountain after climbing very high. now bitcoin is in a bearish trend and its status is still holding. very hope that bitcoin can re-break the highest coordination price in the next period.
there are some weak hands mate so its not surprising when bitcoin trying to break all time high it sometimes failed to touch.. Cheesy and for sure most are traders in my personal opinion wherein who already set the target because of the demand supply strategy. Lol market isn't perfect like what others saying.. But the fact that most people who used bitcoin had different attitudes and strategies..  Grin
1133  Economy / Trading Discussion / Re: Do you have any favorite superstititions when trading crypto on: December 14, 2021, 02:00:35 PM
Do you have any favorite superstitions when trading crypto
like for example if you get off the bed on the right side of the bed, your coins won't dump
wearing this color shirt keeps your portfolio in the green

haha.. Most traders thats what they think if they wear shirts of the day. Lol but it's just a belief. Because you know to be honest once you're become confident in your strategies and you always makes back test probably there's no worries what color you want to wear everyday, wherein before you get off in the bed what will pop up on your mind is what's your missing in the last trade and what strategy can give you good win rate everyday not the color of your shirts. Lol
1134  Alternate cryptocurrencies / Altcoin Discussion / Re: Play2earn games on: December 14, 2021, 12:58:30 PM
How good will Play2earn games be that someone can rely on them for daily weekly or monthly income? Axie infinity was a blast but now it's no more a easier option for people that are struggling because the requirements to play the game is highly costly, are there free to play crypto games available?
unfortunately its the same, i mean when market fell what you can get from any play2earn games   will decrease as well. Lol i have friends that playing axie and they're now complaining about their income which unlike before, but what i said at least you can make money from it..  Grin and also you can get massive income in it again unless if there's a new play2earn games that will emerging and shows hypes from the start up which is true because on this situation it's definitely impossible to have stable since the market is making correction and all crypto were affected..
1135  Bitcoin / Bitcoin Discussion / Re: 11 years without Satoshi on: December 14, 2021, 11:12:39 AM
Forever anonymous, he will never appear again around the in internet just to brag those idiots that ignored him..  Cheesy and for sure those people whose claiming that they're the real satoshi are frauds wherein wants to obtain more attention but afterwards they can't provide proofs.. Cheesy i wouldn't be surprised because indeed even when it comes jesus name there are some people wants to take it. Lol
1136  Economy / Trading Discussion / Re: Is the market going to dump like that 2018? on: December 14, 2021, 10:09:23 AM
Open your eyes mate, because the market had different situation right now wherein it's not repeating the history itself.. It's bearish season and there are some sort of negative news around the internet that's why it kees dumping..but having strong support on this kind of circumstances for sure it will not going below like what you're thinking.. Infact there's already some buyers below and keep adding more when there's a fluctuation.. So do you think it will continue falling before this year ends? Well let's see.
1137  Economy / Speculation / Re: Are we in 2017 again? How do you feel about the price chart today? on: December 14, 2021, 05:29:27 AM
In my opinion, the 2017 phenomenon when the bitcoin price dropped sharply after touching the ATH record, will not be repeated. I see a very bright future for the bitcoin price. Although there have been some recent price corrections from the ATH level, but at least the bitcoin price won't drop to the $30k level again. I am sure that in the future the bitcoin price will continue to experience significant increases and will set a new ATH record again.
people nowadays always comparing the situation of bitcoin from the past, they don't know the structures in the graph always exist every time no matter what trend it is. without knowing as well there's a big difference everytime when market form the same patterns. Such the potential.. And probably most traders knows about it because sometimes market is showing false information even you see a good structure of downtrend or uptrend it fails as well. So we cannot tell to be honest..
1138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happened to the crypto market now? on: December 13, 2021, 03:43:39 PM
It's bearish season already mate, so stay away in the market especially if you don't know how to handle it. Must wait for it to ends instead to prevent losses wherein until bull take over again to assure everything will be fine.. Its very risky to be honest so be patient.. Because that's how it works everytime bitcoin reached the very high value, i mean there's always a correction of prices afterwards..it is like a roller-coaster to make the story short..
1139  Economy / Trading Discussion / Re: This is the Fear and Greed Index Chart on: December 13, 2021, 02:03:04 PM



Seems! Like most of the peoples are feared right now So A/c to me it's good time to start filling your bags! Yes US Inflation is an issue but you cannot completely miss the market......You have to be prepared for both situations. So keep some cash free if something went wrong. Don't be all in!!!

But this is good buying area!! I repeat
this is what other people always saying here in forum "always invest what amount you can afford to lose".  And i believe also its necessary on this situation  because of some factors that can make the market halt.  And yes all in can give good return especially when buying at the dip but on this situation it's different. So let's be smart guys be skeptical always ..  Smiley
1140  Bitcoin / Bitcoin Discussion / Re: What happens to my Bitcoin when I die? on: December 13, 2021, 11:52:20 AM
If I die (let's be honest, that will probably happen), would my wife or family get my coins? What if they don't know my passwords/private key?
they can if you will make ways or idea how they can open it once you're gone.. If you have large amount of BTC as of now then as soon as possible make backups and find a safe place where you can hide your private keys.. And then a notes incase what will happen to you. Of course its up to you which place you want to hide it because you're the one who know them well.
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