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121  Economy / Economics / Re: Why is bitcoin worth so much ? on: June 16, 2020, 09:21:49 AM
What I find is that bitcoin is being manipulated. guys who have lots of money and come to the market early to buy lots of bitcoins and now they make their game. all volatility comes from people who make lots of money. they will constantly fomo about bitcoin and praise blockchain technology to attract more people and they will be even stronger because of wealth after manipulations.
122  Economy / Economics / Re: Growing number of institutionnal investors on: June 16, 2020, 09:01:27 AM
This is a good sign for traders and holders like us. I feel that this market needs more people to not be strongly controlled from those who have a lot of money. This is actually a very interesting market and it is for people who are interested in high risk and high profit. That's why many people around the world increasingly want to participate in the crypto market. Another fun thing is that newbies who enter the market will be fomo mentally. Bitcoin halving just happened so they will buy bitcoins continuously and then we can sell bitcoin at a high price.  Wink
123  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bad days for crypto on: June 15, 2020, 09:04:49 AM
bad day for crypto is when in March the price of Bitcoin fell by $ 7,000 in a day,
and that may be for me a bad history that I cannot forget

Yeah. That day was the most surprising day for crypto traders. There was a big dump before anyone understood. But since then Bitcoin has tried to recover and Bitcoin has successfully returned to its previous position. This recovery was very quick, so the panic sellers did not get a chance to buy again. Bitcoin has tried many times to break the $10000 level but is repeatedly failing. I think we will see something better by the end of 2020.
The end of 2020 will still be a difficult market for us. This Covid-19 epidemic is really serious and it can last until the end of the year. then many businesses will be bankrupt and of course our crypto market will also be affected. I don't look at every negative aspect to comment but the reality is. There are too many disadvantages for the economy to be able to function normally again. Therefore, we should prepare the Big Dump plan of the market and choose a reasonable price to avoid being bought at a high price.
124  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NWC's price reached all-time high! What's next? on: June 15, 2020, 08:54:25 AM
Just as NewsCrypto and KuCoin have announced their Pool-X big event, the price of NWC suddenly pumped up!

It was predicted by the end of 2020, the price might go up to $0.07 realistically. What do you guys think? Can you share your opinions regarding NWC's pump to it's all-time high? Will it go even further?

I would definitely appreciate your thoughts here. Thanks!
small alts with no large community are likely to be sold off in a short time. Although this is good news, but after the event has been completed and people have put 1000 NWC into the pool, there will certainly be many traders selling off. Like Binance Staking, when news came out, the price increased by 3%. But after Staking ended, there were many sellers selling BNB, causing its price to drop from $ 33 to $ 21 in just a few days. so this is only good news in the short term, sell when it's profitable.
125  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there any chance that can alternative coins disappear completely? on: June 12, 2020, 07:35:32 AM
Can anyone explain altcoin future? If they disappear! why?
Alts is one of the indispensable components of crypto market. It is a coin formed on its own platform and it will contribute a lot to the tokens behind. such as Ethereum, it is the best and easiest to use technology platform and has thousands of startups founded on the Ethereum platform. The alts are really important because it creates different platforms and makes the market more diverse. if one day it loses then the market will lose a huge amount of money.
126  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Investment plan by chance on: June 12, 2020, 07:30:44 AM
I suppose you were really lucky. In fact, very few coins in Yobit can grow because there is a cheat exchanges. When your money cannot be transferred or your account is frozen, no one can help you unlock it. Although there is a telegram channel, the admin there will not be supported. I feel Yobit will soon disappear in this market and people shouldn't deposit their money there for trading. The risk is very high and we should only choose big exchanges to trade.
127  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone just paid $2,6M in fees while sending just $133 in ETH on: June 11, 2020, 09:33:12 AM
Source:
https://etherscan.io/tx/0xca8f8c315c8b6c48cee0675677b786d1babe726773829a588efa500b71cbdb65

I am pretty much this was because of fat fingers, but how an earth there's no security measures for this kind of thing? It's 2020 already and after seeing this kind of mistakes, i am pretty sure that ETH adoption is further away. Just one warning message informing about the possible huge mistake could have saved millions for this guy.
I don't think this is a mistake of the sender. I think this is a test of Ethereum's fee that the team wants to perform. No one would transfer a few hundred dollars and accept such a large fee. Do not FUD when you are still not sure what is happening and what is the cause.
128  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbies take my advice on: June 11, 2020, 09:18:20 AM
That's why many bookmakers are still going strong. Newbie mentality just thinks that making money in this market is very easy and there are many things that can make money. but they do not know that behind it are calculations that are available and all must be lost. I used to be like this and now I realize this market is full of traps. Be alert and only make money at Bitcointalk or trade at big exchanges. Do not participate in any funds that can bring in passive returns, 99% of which are fraudulent funds.
129  Economy / Trading Discussion / Re: Million dollar advice for trader's 🙂 on: June 10, 2020, 06:15:17 AM
In short, in order for us to make a lot of money, we need a solid foundation behind. Family affection is indispensable and it makes you a lot stronger in making money and building a fortune. This problem is also quite related to the psychology of trading, we need to have a stable psychology to trade. If our lives are too turbulent and always under stress, then trade will become a failure. So find yourself a happy family so our minds are at peace.
130  Economy / Trading Discussion / Re: Make Money While You Sleep? Welcome To The World Of Crypto Trading Ai Bots on: June 10, 2020, 06:09:04 AM
I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.
131  Economy / Economics / Re: Bitcoin vs. Gold: which has been more of a safe-haven asset in 2020? on: June 09, 2020, 08:20:41 AM
with barely 6 months into the year, 2020 has been dramatic and very eventful with the stock market slump, march 12 Bitcoin sell-off, oil price trading in the negative, etc. From the investment perspective, taking YTD Bitcoin and Gold performance amidst this ongoing pandemic which asset has upheld the safe-haven narrative between gold and Bitcoin?
I believe that Bitcoin is still a better haven than gold. Although the crypto market has a small market capitalization, I believe this halving event will soon attract millions of investors to the crypto market. At that point, they will push the price of bitcoin according to the fomo news of financial experts, then we will see the price of bitcoin higher than $ 16k. There are many advantages to bitcoin being able to grow compared to gold.
When the economy is stable, people will use money to invest and then they will sell off gold. That's why I prefer holding bitcoin.
132  Economy / Economics / Re: Does Currency Value Falls During Recession? on: June 09, 2020, 08:15:23 AM
There is a popular saying that Cash is king, a term reflecting the belief that money (cash) is more valuable than any other form of investment tool, especially in the event of an economic downturn when there are cheap securities and properties that could be bought with cash.

On the flip side, I am very curious to know if the value of fiat currency appreciates or depreciates during a recession and why.
It depends on the type of recession. If the recession due to the money supply is too big, then it will surely lose great value. but if due to other factors such as disease, money will be devalued. because when an economy is not doing well, it is in a recession, GDP will surely decrease. that will make the currency of that country lose value.
133  Economy / Economics / Re: Even More Evidence of Coronavirus as Financial Reset on: June 09, 2020, 07:58:06 AM
You should know how to read newspapers. What you read only reflects a small part of the truth. No one wants to stop Lancet's invention, it's just that his invention has not been tested and it needs to be tested before making an official announcement. In many countries, they take advantage of the opportunity to make fake drugs to combat corona virus. they made hundreds of thousands of dollars and millions of dollars by selling fake goods at high prices. That's why the government has to get in quickly to stop this.
134  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum Big PUMP.? on: June 08, 2020, 05:04:54 AM
if this is true then be prepared to welcome the next Ethereum hike. after a long time ethereum didn't give a big surprise. I hope this is true 2020, new ATH.
https://mobile.twitter.com/davthewave/status/1211440251714953216?
https://mobile.twitter.com/fiebsy/status/1211831551509573638?
It is possible and we have two key factors to confirm that.
first, Bitcoin halving. This is the event that will cause the supply of bitcoin to be halved in the near future and it will certainly be once again scarce. At that time, many investors wishing to buy bitcoin had to buy at a high price. then Ethereum will certainly grow as well.
The second reason is that Ethereum 2.0 is coming soon. Now the economy is in recession and many cash holders want to invest with high risks. ethereum's new PoS system will meet the needs of many investors now. They do not need to buy multiple GPUs and hire factories to conduct mining (PoW). all they need is money and it's so simple. so the price of Ethereum could rise to $ 1,000 again in the next 1-2 years.
135  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy these altcoins!!! on: June 08, 2020, 04:42:57 AM
Three coins that you should buy now if you want to get some good profit by the year’s end!

BCHabc
Ripple
Trx

Any recommendation from your side?
I would spend a lot of money to buy TRX and ETH instead of BCHabc or ripple. Tron will soon release version 4.0 and have a PoS system, which will increase the demand of the crowd. Besides, Tron also has a big opponent, Ethereum 2.0. I think 2020 and the years to follow will be a trend for PoS. Investors will no longer need to buy a GPU to mine coins. They only need to buy coins and execute the PoS program, everything will be very easy. then alts with good PoS system and generate higher profits will be more and more trusted by investors.
136  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tron (TRX) Discussion on: June 08, 2020, 04:12:02 AM
Justin Sun released TRON 4.0
Tron blockchain CEO Justin Sun published an open letter to the community. He announced the launch of the blockchain update version Tron 4.0.
TRON 4.0 will be the first blockchain platform to host a smart contract privacy protocol. The smart contract will be open source and available to any developer in the Tron ecosystem.

Source: Justin Sun Announced That The Highly Anticipated TRON 4.0 Will Be Launched On July 7th
I heard this information this morning. This is quite fresh but why is everything prepared so quickly? Ethereum has taken more than 2 years to develop and upgrade to 2.0. For Tron 4.0, it only takes a few months. This made me feel insecure. Although Justin Sun is a great leader, I don't think this preparation is good for their 4.0 platform. I still appreciate Ethereum 2.0 more and most people will implement PoS for ETH more. how do you think?
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance listing can't erase price dump on: June 07, 2020, 06:37:56 AM
Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.

This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Binance IEO projects only increased at the beginning, when people stopped fomo, the price would drop dramatically. Here everyone should understand the rules of the game. I am not saying that all alts or tokens are shit, but only a few of them are successful development. So why not follow the crowd, buy tokens at IEO and then sell as soon as the price is pumped up? I used to believe in myself and the promise of a fraudulent CEO, I held it without thinking about the consequences. WPP was listed at Digifinex, one of the big exchanges, but then the price was divided 1000 times after only 3 days. I was shocked and realized that my hold strategy was not right for this type of market.
138  Alternate cryptocurrencies / Altcoin Discussion / Re: Is KCS or kucoin share is better investment on: June 07, 2020, 06:24:15 AM
Recently I started researching on best exchange coins apart from solid block chain projects , I found  bnb and Kucoin shares (KCS) Are having more events . Like bnb or binance token introduced lots of scheme in exchange , same like kucoin also introduced lending, poolex mining even more . I more liked this because they are regularly burning token . What’s your view on this before i put my hard earned money .
I have never denied a good opportunity when investing in coin of big exchange. But instead of investing in KCS, you should invest in BNB. Currently the market is affected by the disease so BNB's price is still quite cheap. In the future they will make more money and will burn more coins and the price will definitely increase. I can confirm that BNB will soon return to ATH level in the next 1-2 years. CZ is having a lot of money and his act of buying CMC is saying that he will soon operate this crypto market as well.
139  Economy / Trading Discussion / Re: How do you handle losses in trading? on: June 06, 2020, 06:11:03 AM
Taking consecutive losses in trading has led to a lot of blown accounts.

Losses affects us psychologically and doesn't make us think logically.

Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?

Share your experiences and techniques, this will be helpful.  Smiley
to me, trading is a gambling game and it depends a lot on your performance and luck. When your trading system is not working well for a long time, you should stop and stabilize psychologically. Wait for the market to enter a new phase to continue trading. sometimes the losses don't come from the problem of your trading psychology or trading system, just because the market at that time was chaotic. get rid of that kind of market, wait for it to stabilize and then continue to make money. That's the way I usually do it.
140  Economy / Trading Discussion / Re: Can Signal Trading work for Cryptocurrencies on: June 06, 2020, 05:16:56 AM
right. The crypto market is different from the forex market. It is two different markets and the news will have different influence. but if you talk about Indicators or Price action signals then I think it works for both markets. because the indicators are just telling the psychology of the trader and we can look at that and evaluate it.
But I realized there are similarities between the stock market and the crypto market. When any fluctuations occur in the political or economic field, the two markets are very volatile.
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