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121  Economy / Trading Discussion / Re: Have you not relented in viewing your account wallet? on: January 06, 2020, 03:55:56 PM
What's the use of looking at your wallet when you know what you are trading and how much gains you are having in your trades.
Looking at your wallet won't increase your profits but will surely make you worry from time to time.
Be patient and just go with the flow and carry on with your trades as long as you are gaining profits from it.
Looking at the wallets definitely do not increase the amount of anyone portfolio but it is the habit of people to see that what changes occurred in the time interval because of the changes of the prices of the coins they hold especially those people who have different coins in an exchange as there they find the estimate value in USD of all of their coins. This habit give satisfaction to the holders a little bit when they see a little increase in their portfolio.
122  Economy / Trading Discussion / Re: So traders, how much You lose? on: January 06, 2020, 03:25:47 PM
I had 19 losing years before I finally became profitable. I gave up several times, but always ended up coming back. I lost totally $10,000 and the biggest one was $2,000. It's not easy. It's a long, difficult journey, and most people won't make it. I'm glad I didn't give up because now I'm a full-time trader (in cryptocurrency i am a holder at most time), and making a comfortable living, able to live anywhere in the world. If I had to do it again, I would use smaller accounts. I should have just used $200 accounts, not $2000 accounts. Keep your positions small until you know what you're doing and Don't be greedy!
You have a great stamina that you are still doing trade after losing a huge amount in trading. I was also a trader and started my trade in 2017 in the year when trading was much easier and even kids can earn in that year but after that when we entered in 2018 everything became harder and then I started to lose my money and then I considered that I have to stop full time trade and I started some other jobs to earn money. I am now waiting again for the time like the end of 2017 and will start again full time trade.
123  Economy / Economics / Re: Mistakes That Make You Poor Poor In Cryptocurrency on: January 05, 2020, 06:39:20 PM
There are also people in the hype and people in the market prices who are emotional. The whale or pump and dump community can easily manipulate this kind of people and in return they will simply lose their money. It's the same for new bounty hunters as we see them getting scammed by dishonest bounty managers or ICOs where they're only going to waste their time and energy.

Bounty hunters also starts a dump. It is not always the managers or the ICOs, to be honest it is always the hunters. When they recieve the portion of their payment, most of them usually sell immediately that payment resulting into a dump and a price of that coin to be lower than the expected price in the market. Also, whales can't really see what you are doing, if they really want to manipulate the market, they can just sell all of their currencies when it reached a high peak, it happened a lot of times now and the price is still at what we have right now.
indeed the bounty hunter contributed to the dump at the beginning of the exchange listing. but I don't think it's only bounty hunters that make it a dump, moreover the bounty hunter coins are small. I think we should be able to take advantage of the conditions, while worth the price, I think selling faster will be better, and transferred to good coins


If the coin will have a good business and experienced developers and they will list their coin on good exchanges then the coins of bounty hunters are not able to dump the coin on exchange. The thing which dump the coin after listing is the disappointment of the investors from the project. When the investors know that the developers are not doing what they were expecting then they sell the coins accepting some lose and secure some amount of their money.
124  Economy / Economics / Re: Say Goodbye to Banking as We Know It on: January 05, 2020, 05:39:28 PM
I don't think it would be a national cryptocurrency. The existence of this market is against the interstate economy. Bitcoin has no owner. I don't think states need to go on an adventure like this. A firm that has the means of production can establish a real dominance at the cryptocurrency.
In the modern age anything can happen and the crypto currencies are made of the type which can fit in our states financial system without any problem to our economy. Many countries are seeing this currency as better for their future and it is right that bitcoin do not have any known owner but what we have to do with the owner if bitcoin is a decentralized currency and is working without any effect in our system.
125  Economy / Trading Discussion / Re: US- Iran Tensions boost Bitcoin price to $24,000 on: January 05, 2020, 05:21:07 PM
But why?
24k? Really?

I cannot find any good reason into why there will be a price surge in the price of bitcoin just because of this.
I am still trying to figure that out by now.
This is just another move of the United States taking over the oil in the Middle East. They cannot make anything anymore that would suffice their economy.
They need a war to create guns again. That is where they are good at. Without war, no money.
It will reach to that value or more than that value because of this or it is also said that now the effects of halving has been started and because of it the price is rising, anyway we need the adoption of bitcoin and the kingdom of bitcoin on the world economy.
If the price surge is because of the US and Iran war then you not alone but many other are also curious that why the price increased with that the answer is that people know that these countries are powerful and they both will make a lot of harm to the world system if they entered in the war and they will have only the option of bitcoin to secure their money.
126  Economy / Trading Discussion / Re: US- Iran Tensions boost Bitcoin price to $24,000 on: January 05, 2020, 04:21:03 PM
the conflict may rise the price of btc, it depends on a lot of factors, there may be some people who would like to move money out of iran, and the may think the only way safe would be btc,

if those money are in huge volume there his a probability that it will affect the market, increasing the price in the nearest future,

all the same i don't pray for this tension to escalate
It is right because both of the nations are well aware with bitcoin and the people of both of the nation will want to save the value of their money. They will know that if the war started then the value of dollar and the Iranian currency will drop so the people of these both countries are investing their money in bitcoin from now. There are many people all around the world who also hold dollar so they will also transfer their dollars to bitcoin.
127  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: January 05, 2020, 03:58:17 PM

 Long term has the ability of "ease of mind" where you don't basically work for your money, you don't worry about what to do and how to do it and if there is a better way to do it or what you should research or if any new news could change the new thing you do etc etc etc. Day trading have the "possibility" of making more money, now don't get me wrong its not possible to make more money most of the time but at least it has that ability.

 So I prefer long term much better, its just easier for me and I don't have to do anything at all, just buy bitcoin and thats it, there is literally no step 2 in this process just step 1 where you buy bitcoin, I may end up not selling until I actually retire but I have a secret hope that maybe I won't even cash out than and just leave all my coins to my kids? That could be really awesome and could change their lives so much as well.
Long term is very risky too, we dont know till when do we need to wait till the coin we are holding is still existing in the market, sometimes we just need to sell the coin we are holding if we feel that their support is no longer functioning and there are no updates for the progress of their project. We need to monitor it on order for us not to left behind if we want to long term hold.
If you are talking about those coins which are not the top coins in the trade volume ranking or in marketcap then you are right anything can be the future of that coin while in case of bitcoin and other high potential coins which have a huge community or a solid business then long term trade is not an issue but in that investment it is sure in all ways that in the end we will get our profit. One more thing to be remembered that the expert traders always suggest to hold for longer only for those coins which have a high potential and are suggesting for bitcoin and ethereum etc.
128  Economy / Economics / Re: stupidity is so close to poverty on: January 04, 2020, 06:28:32 PM
stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion.  Grin Grin
There are a lot of rich stupid peoples.  I prefer lack of education and malnutrition, it happen when someone didn't have any chance to go to school because uneducated parents can't afford the cost or didn't even care.  If government or society didn't do something about this it will be impossible for them to improve the quality of their life.  So, I guess nothing to laugh on this.   Sad
Education is very important to one person because it give us a knowledge that we can use to our future. This knowledge will help us in our everyday living in this our educated society. Being stupid or knowing nothing will not help you to survive and to live with the other people. It is better if we have a proper education in ourselves to have sufficient money in our hand someday.
everyone believes that education is an important part of children's development. although it does not absolutely provide a guarantee of success, but with education we can open up insights so that we have a view to living life later. in developed countries, most have good levels of education




Education is better for the success of any nation which brings development in that nation and make it economically stronger while there are many third world countries where education just mean a certificate of studying till higher classes and getting a graduate or master degree these people do not give much benefit to their nations but becomes a burden on the nation as they only wait for the governments that it will provide the opportunity of job or earning to them. If along with that certificates and degrees they are also educated to be the creative and to give them the sensibility to create their own opportunities and start businesses in the country then it will give the real success to them.
In the above details I know that many people get that sensibility if they have some brain and think for the better future and do not wait for any other person or body to give them the opportunity which is the habit of fool people.
129  Economy / Trading Discussion / Re: Are you holding Bitcoin? on: January 04, 2020, 06:13:31 PM
Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well

Exactly, Bitcoin is always good to hold and grab whenever the price drops, yes, we are very close to 2020 where the halving day is getting closer which many have higher expectation after Bitcoin halving, it will take some time to recover the price after having. Which we have to wait and see how far the price of Bitcoin is going to be after halving.

That point is the main mistake which many holders do and then they regret when they see the price rising again because many people sell their bitcoins when the market drops losing some amount of money and do not show patience to hold even in bear market and when a bull run occurs they miss the train and then some lose heart to put their money in bitcoin again and some invest when the price rise higher and get a small amount of bitcoins than they had before they sold. The genius holders are those who do not grab money from bitcoin when the price drop and hold their bitcoins for long time no matter what condition comes in the way so in the last they becomes millionaires with their holdings.
130  Economy / Economics / Re: Is Bitcoin Over? on: January 04, 2020, 05:32:05 PM
Before new scam not started They dont stop OLD scam.

Yes we all Know that crypto and Bitcoin is big scam!!

To buy that scam coin u pay high fees to transfer this scam coin u Might wait hours When its confirmed.

Reason this scam is not stopped coz scammers Don't have new scam!

I think you are a victim of scammers,  so that you are so very angry in bitcoin and all crypto currency.  If you want to earn bitcoin come to me i will teach you my startegy to earn bitcoin everyday so that you will recover all your losses in scam.  But you need to learn first what bitcoin is,  and how its works.
Seeing his comment I also started to think that why he is saying like this about a coin which is easily used for any purchase but then it came to my mind that someone may have asked him to invest in bitcoin and asked him to send money to him and the scammed him. I also got a number of messages from a number of people who claimed that they will give bitcoin at lowest price but I know about bitcoin so I do not trust that messages, there was also a group of people who were saying that they will buy my bitcoin at double price and told me to first send my bitcoin to his address but as I know that there are many scammers so I asked for escrow and he disappeared.
I am sharing these experience here so that all of the users aware from these people and no one is scammed like the person whom you quoted.
131  Economy / Trading Discussion / Re: Excessive confidence in cryptocurrency trading. on: January 04, 2020, 05:14:47 PM
Some traders and investors think that when trading with crypto currency, one must be bold and confident and make quick decisions. Is excessive confidence in cryptocurrency trading better than doubt and fear, or is it a big drawback?
These two conditions come in two different type of people the boldness and confidence comes in a person who have full knowledge about cryptocurrencies and have much experience in trading and have skills to deal with any type of market while the doubt and fear comes in the mind of a newbie trader who do not know enough about the cryptocurrencies, their price structures and do not have enough skills and experience in trading and they come to trade only seeing the profit of other professional traders but that doubt and fear also make him secure from lose many times as if he will remain confident without any skills then he may invest in a shitcoin and will lose all of his money.
132  Economy / Trading Discussion / Re: Best small exchanges that you really like on: January 04, 2020, 04:24:34 PM
Hi guys!
I'm going to make analytical research. I'm interested what small and not popular exchanges you really like? And why?
What exchange do you recommend to young ICO projects to list their coin?

Thanks in advance!
The small exchanges are ready to list the coin of any project and are ready for starting any IEO for any project but that do not work because that do not make any trade volume and on that exchanges the IEOs do not collect the required funds so I think not many people like it.
It is also right that if we all will take interest in an exchange then it will not remain small anymore but they are still smaller because they either do not have a good trust level or they do not advertise their exchange to collect the users.
133  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: January 03, 2020, 06:22:25 PM
I have used cryptos here and there for recharges and paying to a designer or coder. But nothing like an everyday use. I believe until there is Fiat which is inflationary. People won't prefer spending cryptos which can grow and can give hefty returns. If someone has to choose between saving crypto or Fiat, anyone would go for crypto.
Also, another problem is that there isn't much places where you can use Bitcoin or crypto. This is really a critical point. You can't spend cryptocurrencies or use it everyday if there is no vendor who accepts it.
Actually there are a number of places where you can use cryptocurrencies for your daily use goods and services but they have not advertised their products and in the start they advertised and then left further advertisement that is why many people here do not know the places where they can use crypto for their daily life. They need promotion or we have to search about that in google search.
Another point is that it is right that crypto is a growing currency and people want to save them for future to get the profit but many of us need some money for spending on our family and for that we withdraw some money if we do not withdraw that money and directly spend the cryptocurrencies to buy these goods and services then the price on exchanges will not go down because of our sale but will rise continuously.
134  Economy / Economics / Re: Gold and blockchain Technology on: January 03, 2020, 05:59:37 PM
If the blockchain Technology rises more miners more it Technology and servers and computers.

Then the Gold Price will Go up as demand too
Coz Every electronic device need gold Gold is best metal for Electrical wires and small things.



Gold / electricity/ blockchain are similar asset or resource group




That's my Conclusion:)
You are not wrong that these electronic devices will need gold and the demand of gold will increase but the amount of gold with each miner will be in traces while they will have huge piles of bitcoin and cryptocurrencies so this condition will not increase the price the same as bitcoin and altcoins.
135  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: January 03, 2020, 05:41:34 PM
Only few people could do this kind of stuff that takes huge risk, i probably can't do it. Giving up everything like important possessions and to trade it cause the intense pressure for failing is really huge i might do some emotional trading and we know that's really bad, but this tutorial and story is truly informative and inspirational. I'll make sure to keep this strat in mind and try anything to see what really works for me best.

Well for sure that before he gave up his work and do full time crypto trading, he studied it well first and when the time he's ready he gave up everything for the passion of trading and to earn more and this was what happened to him, taking risk sometimes will really help you in achieving your dreams.
He not only took the risk but he gave his full time to the trade and he continued with full strength to do the crypto trade, I also have an experience in this in the past when I stop doing marketing and gave the whole day in studying the market and about the coin and its business in which I planned to invest and in that I earned a very good income but in 2018 I stopped trading and hold all my coins to wait for halving or a good market like 2017 December.
136  Economy / Trading Discussion / Re: A good advice for every traders. on: January 03, 2020, 05:29:23 PM
2 years ago is the best time to make money from trading and no way you lost lot of funds during those beautiful days. But if it was real then is okay, no one makes real profit in the first day of trading, as long as you learn from your mistake and you fix it in the next time then you should be okay.

Let's keep learning of everything so we can adapt in any condition.

You're basically just saying what most people who pay attention will realise: the only time traders consistently make money is during a bull run. Even all the famous crypto funds and basket funds and algorithm traders find a huge correlation of profit with a bull run.

What's the take away from all this? Don't waste your time trading if you're just a guy going with the flow. Buy, hold, keep your day job. At least you'll gain back all that time lost in trading to actually earn something and maybe even learn from your job.

When the bull market comes, everyone will know it, you won't need to be a trader to know when ATH hits. Then you sell what you're comfortably letting go of.
That is actually the process of long term trading or holding cryptocurrencies which is really a profitable process and no one lose in it if they have patience and they do not lose heart and sell in bad market while that is also right that traders always earn in bull market but the real traders do trade when they are in bad market and they strive to involve in trade and try themselves to earn in that market.
137  Economy / Trading Discussion / Re: A good advice for every traders. on: January 03, 2020, 05:21:20 PM
About 2 years ago I started Trading that time I lost my many fund for trading.
Now I am very careful about trading.
I always research any coin which i want to trade.
Thanks for share about trading.           

2 years ago is the best time to make money from trading and no way you lost lot of funds during those beautiful days. But if it was real then is okay, no one makes real profit in the first day of trading, as long as you learn from your mistake and you fix it in the next time then you should be okay.

Let's keep learning of everything so we can adapt in any condition.
Two years ago was the best time because none of the bad news came out in the crypto world and then after the ban of China of blockchain made it hard time for the crypto but again China is back for blockchain and again the halving will attract a lot of investors to the bitcoin and they all will also try to increase their portfolio so they all will again do trade and this will again make the time just like the two years ago. We have to hope for the best time and have to support the bitcoin and crypto currencies. This will again bring a best time for all of us and we all will earn in trading easily.
Most of the news appearing in China will have a great impact on this market and in 2019 there was a lot of news that made this market more difficult to predict. Currently, trading during this time will face a lot of risks and you should think carefully before making a decision.

Personally, I'm afraid of the bad news because it's the time I often panic sell and it's hard to avoid losing money so hopefully this year there won't be news that will make this market worse.
In the year of 2020 when there will be halving of the mining reward of bitcoin you do not have to worry for your money because just remember the year of 2016 when there was halving and at that year Russia banned bitcoin in their country and I remember at that time the price of bitcoin not reduced with that news and even at that day bitcoin rally continued.
138  Economy / Economics / Re: Why Cryptocurrency threatens governments on: January 02, 2020, 05:59:38 PM
Crypto is another terrorist that has terrorize all governments. If crypto adoption becomes a reality then the government will be only spectator in the financial affairs of the country since they don't have any control. Still wanna know why government don’t like it?
Crypto is not a terrorist for the governments but it is a great tool for the success of any state if the governments will study about crypto then they will realize that the adoption of crypto will give more strength to their economy and will boost their development. Some people think that crypto will be harm for the governments because the governments do not know the reality of crypto and they admit that it is harmful for them but in actual the condition is opposite to it. I will give them the example of Japan who have legalized bitcoin for their state and till now they are using it on state level and they faced not any harm from bitcoin but they are much faster on the road of development from other countries.
139  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: January 02, 2020, 05:48:53 PM
Don't pay taxes : or maybe you can go to a country with low taxes but if you start from nothing it's not that easy

Don't get married : or make a contract to say your money is your money and her/his money is her/his money

Don't use bank : if you can use crypto in your country, no point of using banks I guess ?
in fact, I felt that everything he mentioned had nothing to do with getting rich. have you ever seen the richest person in the world not married? or not paying taxes? or don't use a bank? I think they are all people who obey the rules, even among them there are those who have more than 1 wife and more than 1 bank account. everything he mentioned would be of no use if he didn't work.
These are only the thoughts which the poor people think that these options are the lifestyle of rich people and when they will adopt these options then they will also become rich but if you search the lifestyle of rich people then they pay taxes and get married and use banks and the option which make them rich is their hard work. There is an option to not to use banks that is fantastic but only if we use crypto as crypto will save a lot of money of us and we will be confident with our transactions too which is the thing which can boost our struggle to become a rich person.
140  Economy / Trading Discussion / Re: A good advice for every traders. on: January 02, 2020, 05:36:19 PM
About 2 years ago I started Trading that time I lost my many fund for trading.
Now I am very careful about trading.
I always research any coin which i want to trade.
Thanks for share about trading.           

2 years ago is the best time to make money from trading and no way you lost lot of funds during those beautiful days. But if it was real then is okay, no one makes real profit in the first day of trading, as long as you learn from your mistake and you fix it in the next time then you should be okay.

Let's keep learning of everything so we can adapt in any condition.
Two years ago was the best time because none of the bad news came out in the crypto world and then after the ban of China of blockchain made it hard time for the crypto but again China is back for blockchain and again the halving will attract a lot of investors to the bitcoin and they all will also try to increase their portfolio so they all will again do trade and this will again make the time just like the two years ago. We have to hope for the best time and have to support the bitcoin and crypto currencies. This will again bring a best time for all of us and we all will earn in trading easily.
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