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1201  Alternate cryptocurrencies / Altcoin Discussion / Re: Rumors spread that SBF is tied to the $BALD rugpull on: August 15, 2023, 06:03:50 PM
Another memcoin scam has successfully defrauded many gullible gambling investors and escaped with their money. Another developer got rich at the expense of ludomaniacs. Nothing changes in the crypto world and even if the market swallows another 1,000,000 projects like BALD, I doubt that something will change in the minds of investors and they will stop participating in such scams. There is no limit to human greed.
Even if not a scam, meme coins are still a risky kind of an investment but it's only better if it's legit because investors can get lucky and earn more. If not, they can still sell their asset for some money. They are not coming home with a zero amount.

Just don't stress yourself about these losers because I think many of them already accepted or expected it and they don't feel bad about their losses. They are only gambling in meme coins in hopes of earning a quick and easy profit. What is only crazy about this meme coin here is that Scam Bankman Fried is said to be involved with it. I thought the guy is already rotten in prison? What the fvk? Lol.
1202  Alternate cryptocurrencies / Altcoin Discussion / Re: Free NFTs real or fake? on: August 15, 2023, 04:29:56 PM
I am sure that it is a fraud, but if you are greedy or want to remove the doubt, then withdraw your wallet from any additional balance, and then leave a small fee for gas and try to sell it, either you will not be able to sell it, or at least not at the price of 1.5 ETH, or all the balance in your wallet will be withdrawn, and then you will save the gas fee Which will be less than two dollars.
But it's too good to be true (a scam.)
Same judgment here by the looks of the image. They only use the name Opensea to increase their chance of fooling the people. Being greedy is not a good excuse to try them. We are only helping the scammers that way and interacting on their links is still dangerous even if you think you already know what you are doing.

So, I suggest is to control the urge. There are still legit free NFT's out there but they are not usually easy to get and they mostly came from unpopular names. If you heard one from the famous names, you need to check their social media pages and other accounts. You can also inquire on them to confirm if the giveaway is legit or not.
1203  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 15, 2023, 11:49:41 AM
Big companies and the government certainly won't allow us to be able to get financial freedom because when we do get it it will be a loss for them. Therefore, there is no need to be surprised that big companies cooperate with the government to be able to smoothen their business and force the government to regulate various things which will benefit them and this will restrain us. Even big companies also play dirty practices to be able to make products like Bitcoin or any products that threaten them to look ugly in the public eye, so that people prefer to use the products they launch.
I think not all of them are like that. Like for example, some governments will still allow crypto to be adopted by their citizens. If people choose the decentralized ones, this will give them a financial freedom. Then not all companies which has a centralized coin are freezing their costumer's account or do something shady except only if they have done something wrong or illegal.

It won't still be a loss for them because there are still people who continue using fiats. If only they will have a proper service, people will be glad about them and they can get more customers. They can't control Bitcoin or they simply want to create their own crypto but no one is forced to use them.
1204  Economy / Economics / Re: What could Elon Musk be buying next? on: August 15, 2023, 06:36:09 AM
I think about the modification of Twitter to become bigger, maybe we will see that Twitter will make a buying and selling market like a marketplace company and Twitter has that integration with many sellers, and if it is true that multi-international trade occurs in Twitter which trades goods from various parts of the world with Crypto payment tool.
To predict buying an AI company or starting it earlier, I don't think there is an agenda for Elon to do it, because previously Elonmusk had previously been involved with the development of this AI technology, and he chose to leave it, so in my opinion it is impossible for Elon to Now. IMO
Even though that could happen, I still think that twitter could change a lot on how it looks, because right now profile is not like a profile for example, when you go into someone's profile you still see a lot of stuff on both sides, and that could change, basically the whole UI could be revamped. But if we are going to talk about what he might buy, I still think (and been thinking for many years) that he might buy a team.

I do not know in what sport, but I think he might buy a team, because when you are that rich, fighting against other rich people is not easy, he might do it against Mark lol, but normally he won't be able to, and with a team, he can spend a lot of money on it and make it the best one out there.
1205  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is centralized, will it still have value ? on: August 14, 2023, 07:08:21 PM
Surely there were people that invested in Bitcoin due to its decentralized nature and having it just get controlled by another entity would make them sway away from this. If this were to happen from my perspective as like the usual investor, I would definitely sell my Bitcoin to either USDT or any sort of stablecoins out there. I know they're still decentralized with some few coins that aren't, but having a volatile pricing of coin along with a third party controlling it just screams disaster of my money being held captive or frozen.
I think bitcoin could never be centralized and will never be centralized. People are overreacting to stuff and that will always be the case in human history. People just have a tendency to make things out of nothing and that's always a trouble for all of us.

I think we should be considering that this is not really as big of a deal as we think it is, and we should be considering the most probable thing not the most insane thing. Just to give an example, asking "will bitcoin be a million dollars this year" is just way too wrong of a question to ask, it doesn't make sense at all. You should ask like "will it be 40k this year?" because that's more realistic. Same with centralization, not something we should be worried about.
1206  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Meme Tokens Forge a New Era of Crypto Champions? on: August 14, 2023, 06:38:29 PM
I've been a fan of memes, but I never imagined a world where meme tokens team up like superheroes until I came across 'MemeVengers' on my TL. It's a concept where famous meme tokens like DOGE, SHIBA, and other memes come together under one banner with the goal of giving each token unique traits and powers, making them heroes in the crypto world.

If you're a meme lover like myself, what do you think about this concept where memes collide in the most epic way?
This is a good shill attempt but you need to make something with infographics and images in order to make sure that people are interested. If you are doing a shill without a link to it, then it means that you are ashamed of looking like you are obviously shilling, if so then you should have given the links if you are not ashamed of shilling, and if you want to hide the fact that you are shilling then this was a poor attempt because it's obvious that you are shilling, and nobody buys that you are just talking about something you just found, it's obvious that it's a shill, even the account is a newbie.

So make sure you do it better, get a better account to share it with a lot more information and you will get more interested people.
1207  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I’ve created a tg channel with trading calls (signals) on: August 13, 2023, 05:59:59 AM
You can come and see the statistics. It would be nice if you stay:)
I don’t know ways to promote a channel, so I decided to try it here)
All these people who like to get people to follow them and lead for some reason even have that leadership quality and never achieve it, they always end up failing to get people to follow them for some reason. I understand that it's not going to be that easy to make people follow you, but if you are lacking that conviction then you are not going to be able to do it, you tried it and you failed now time to move on and find something else.

I get that this could have been a good business idea and that's why it's going to be something to care about as well, but that doesn't mean that you were right or this was a good idea at all, that's not how this works at all. I hope that it gets to a point where we can make sure that OP type of people are not that common anymore.
1208  Economy / Speculation / Re: Should we rely on prediction? on: August 12, 2023, 10:42:05 AM
Let me say since the beginning of this year we have been getting different prediction on Bitcoin prizes and investors too have been keeping their hopes very high on those predictions...

Those doing these predictions are having so much expectations and they said, Bitcoin will recover to $25k in 2024 and then rise to $45k in 2025 them by 2030 Bitcoin will get to $69k. Other crypto analysts suggest even higher price targets ranging from $100,000 to $1 million, but we should keep in mind that all Bitcoin forecasts are predictions. CLICK HERE

With all these being said I feel is time we face the reality that all these are just predictions, is under probability.
What else could we rely on. I mean even the indicators and charts and TA all of them could be considered predictions. There is nothing else than predictions, people think that if they have some data that backs up their prediction then it's not prediction but more like proven data and all that, but the reality is that not all TA could be considered true and sometimes they fail and this is why it would be smarter if we could end up with calling them all predictions.

I have some predictions, like in 2024 it will be higher a bit, and in 2025 it will be a lot higher than this ,a huge bull run. But that is not a fact, it's prediction, even though it's backed up by years and years of proven data, it's still a prediction in the end.
1209  Economy / Speculation / Re: Can you tell me the best indicator for long term investment? on: August 12, 2023, 09:10:41 AM
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Bitcoin price history. That is your best indicator for the long term investment because bitcoin price history has always gone up, and it shows that sometimes it crashes after the big bull runs so if you are smart enough you do not invest when the bull run is at its peak but instead you invest when the bear run starts after the bull run and crashes the price a lot. That's how you improve and that's how you get to see the price do a lot better.

I understand that it is not going to be easy but it can still be done one way or another. This means that you need to check the history, see when it went up and see when it went down, and calculate when it will go up and when it will go down and make your purchases according to that.
1210  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens if USDT falls down? on: August 12, 2023, 07:08:09 AM
We know that USDT is coming back from the most horrific situations from the past. But I want you to answer this, what do you do if someday without any signs USDT falls back to 0.1-0.2$? What do you do? Can you survive in this situation? What do you do if you put all your assets in USDT?

Just curious to know your answer. Don't say reasons that it won't happens, because I want to know if something this kind of thing happens in future what will you do?

If you ask my replay to this, I can say I will ok with it. Because I put my 20% into USDT right now. Why? because you know guys there is an Old saying Never put your all eggs in the same basket.  Wink
There are other options to choose from, not just usdt, but also usdc and usd. Maybe it's just in cases like this that it seems more useful to use usdt, especially for a crypto enthusiast like me who can use usdt when I do transactions using p2p to our fiat here in my country. Although it's the same percentage that I can do for usdt as well. Also, if I put eggs in another basket, I will not collect stablecoins, I prefer potential altcoins.
I would guess that the point is not that if USDT falls down then we could start using other stuff because that's not the point and I understand that we are going to be able to use other stuff as well. Even today I use busd more than I use usdt right now and I can say that I trust and prefer BUSD a lot more and they are doing a great job and there is nothing wrong with that.

However, I would like to point out that we are not going to be ending up with anything that would be different considering the fact that bitcoin is the best one and usdt or busd do not have any candle to hold for it. However, the point of this is that if usdt goes down that means a lot of money gone and the price of all cryptocurrencies would go down too.
1211  Economy / Gambling discussion / Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term? on: August 12, 2023, 06:25:39 AM
out of 10 wins I think there will be some losses and its not sure if the wins are worth the losses because even though betting strictly on every sport does not guarantee always wins.
I know what you mean if a gambler gets a big win from gambling or gets a win every day after that the winnings are invested elsewhere which has a little risk that does not mean he not believe in his skills but he only thinks in the long term and someone does this have a good mindset to manage their finances. so gamblers like this can be said to be professional gamblers.
That's what you are going to end up with depending on the results and should be considered a bit different. I think it's quite important to calculate the wins accordingly. For example, if a team loses once every 10 games, that means if their odds are 1.40, that makes 9 games to end up with 1 loss equals to end up making a profit.

That is not really an issue and we should bet that, but if teams lose like 3-4 times out of 10, then it would not be a thing that makes on the long run. This is why I think we should consider the situation to be profitable depending on the situation, check what the team is doing and check the odds and based on something like that will end up with a greater return on the long run as well.
1212  Economy / Gambling discussion / Re: Peer pressure as a substantial gambling catalyst. on: August 11, 2023, 06:21:01 PM
Hmm. I think "peer pressure" is more of a close people kind of thing and not the influencers that appear to ask for something towards you that you are "obliged" to gamble or something.

It's better to know why you are doing it and not because you are "forced" to do it.

My experience with this is not a lot. I'm surrounded by people who are curious about gambling but wouldn't really gamble or influence you to gamble all the time. It's best to know that you are doing it because you really want to and are not forced to.
That's the type of surroundings you should have. I do not have that many people I know closely that gambles a lot or even if they do, they do not tell me about it. There used to be some, but I grew apart of course. So right now, I am filled with people who want me to make the good thing, the right thing and just focus on that instead.

I get that it is not going to be easy, and I get that there seems to be something that will bother everyone, but that doesn't mean that we are going to end up with a bad situation, we just need to reach to a point where we need to focus on something that is healthy for us and we need people around us to help us with that instead. That would be the way to grow as a person and be or do better.
1213  Bitcoin / Bitcoin Discussion / Re: Is bitcoin best option to invest on: August 11, 2023, 05:20:11 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
As investors, it's necessary for us to understand how to manage risk. Some of us here use money from our businesses to invest in crypto, while other investors make money in crypto and use some of their funds to start businesses. The point is, having multiple businesses or sources of income is always better than focusing on a single investment alone. As an investor, I understand that putting all our eggs in one basket is very risky, so it's necessary to diversify our funds effectively across different investments.

Moreover, investing in crypto does not guarantee a profit; it's akin to gambling where the outcome is uncertain. Therefore, we shouldn't rely solely on this and think of it as a surefire success. It's crucial to consider the possibility of failure.
The possibility of failure is the number one reason people make a profit. If you consider that there is a possibility that you could lose and then get ready for that, it means that you are going to end up with a profit since you would be able to see the loss coming a mile away. However, if you do not consider the possibility of losing, then you are going to end up with a loss and that will not be a smart idea for you at all.

I would highly suggest and implore everyone that they should be able to see it as something that would make a lot more sense in that regard. Just make sure that you are ready when the potential loss may come, not saying you will, just be ready if it happens just in case and you will be doing better.
1214  Economy / Trading Discussion / Re: ~If you must trade~ on: August 11, 2023, 03:25:50 PM
In real trading we really have to keep learning and learning. Because even in the analyzes that we have studied, they also continue to experience developments according to the market situation which has also changed from time to time. a few years ago the analysis using candlestick patterns on the market had a fairly high level of accuracy. But at this time many candle patterns have been formed but in fact they are only deceptions made by big traders in the market (manipulation of market price movements). So nowadays there are even fake candle patterns and such.
The market cap of cryptocurrency market and its trading volume are very smaller than traditional markets. If candles, patterns can work, they will work with traditional market to cryptocurrency market.

A market with smaller trading volume will be more easily manipulated. You did not know about Bitcoin market in the past but you can see how altcoins can be more easily manipulated nowadays, you will see part of Bitcoin market in the past.
This is how pump and dump happens, we have seen a lot of low volume coins, the ones that have like 10 million dollars or less volume, and any whale with that much money could end up buying like a million dollars worth over time, and make it go up, and create a fake hype around it, think of it like buying up 100k worths per day for 10 days in a row, that's a million dollars and nothing to some people.

But if you keep doing that then the price will skyrocket, you can cover even the sellers, and keep doing it, so people start to think it's a sustained increase, and then suddenly you sell all one million dollars worth of it and make a profit. Everyone should be careful about it, it's a risk we do not have to take if we do not want to.
1215  Economy / Trading Discussion / Re: Do you have any methods to do it? on: August 11, 2023, 02:49:40 PM
I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
It's possible if I'm not mistaken, but difficult to do. You really need to have a lot of experience to be able to earn that kind of money, specially in a bear market. So you just don't need the money to begin with, but a lot of time in your hand to be in front of your machine to see the price movement and you also have the technical knowledge to read those lines and take advantage of it. But in any case, why not just target small profits in the beginning and see how it goes for you. You just don't know, maybe you start small and then become successful later.
I do know a few people who do it, but they do have somewhere around 6 digits to make that. I know a guy who has about 120k to 180k, I forgot which one it was and yes I am aware that the difference is huge and 50% more, but it was somewhere there, over 100k and under 200k.

And he made about 100-200 dollars a day from trading as well. Doesn't mean he made that every single day, some days he lost, and some days he won, but when you took the average of what he did, he made 100 to 200 dollars a day. Meaning if you make zero one day and 400 another day, the average of those two days is 200 dollars, think of it like that, because trading is mainly like that and doesn't give you a clear result most of the time.
1216  Economy / Trading Discussion / Re: binance vs decentralized exchange on: August 11, 2023, 09:54:51 AM
There are other good perpetual exchanges that are non-KYC. FTX is a cryptocurrency derivatives exchange that offers a variety of trading options, including perpetual contracts. While FTX does have KYC requirements for certain features, it also provides options for non-KYC trading. FTX is a centralized exchange that offers non-KYC trading for certain jurisdictions.
You're joking, right?
You casually suggest FTX as a Non-KYC Centralized exchange.
Are you not aware of what FTX has done to its customers a few months ago.

Or maybe you don't know about FTX at all and you are new to it?

Hey man, FTX became the biggest scandal in 2023 and harmed many people.
If I were you, I wouldn't recommend FTX or anything else before doing my research.

It's better to be on Binance than having to go back to FTX which is full of bad people.

There are still many non-KYC exchanges to choose from besides FTX.
It's better to avoid the problematic ones and choose the guaranteed ones.
He basically made it clear why Binance is great and others are not without realizing it. FTX is a great example what would happen if you go stray and find something else. It's a proof that we are talking about Binance as the best one and it has the highest volume for a reason, and that's going to be something to care about, otherwise what's the point of it, there is no reason to keep it going for a long time.

I just realize that we are going to end up with something that will be a lot worse, and that's why it's going to be different. Why I believe this? Because, it's going to be not a simple thing to handle and you are going to end up with a problem in the end if you go too far down south and pick something that's not as guaranteed as Binance is.
1217  Economy / Trading Discussion / Re: Have you ever used copy trading apps on: August 11, 2023, 09:20:22 AM
For me, my own opinion is, the first I noticed is the risk is not worth if. Because if you have a profitable trader from your master trader, the profit you will get is somehow few because of their charge, some are 10%-15%.
But there's a loose trade, you will lose huge.

We all know, not all trades will go well, so I think choosing a master trader that has a good risk: reward ratio or good and always look for long term here.
I think if there is a big fee to use it, and the profits do not worth it, then that master doesn't really worth it neither. I have worked with some that had zero, just to get their name out there, and they were actually making a small amount of profit and during bear period that's not bad at all, but  then after getting a lot of followers they decide to charge a lot more and suddenly all their small return became nothing and even a loss at times.

This is why always try to find a way to trade yourself, if you end up trading based on what others telling you to do, then you are going to be dependent on them and they will be able to do whatever they want from you, this is why it's much better to make it look like it's different on the long end.
1218  Economy / Economics / Re: Am I a bad person if I manage to avoid taxes? (Hypothetical question) on: August 11, 2023, 06:35:04 AM
I don't how you're going to avoid all of your taxes, but you'll get exposed soon and you won't like what's waiting for you.

Avoiding your taxes isn't the solution to battle inflation, you might save some money but you're still going to spend it on buying the things you need and wants and that's still consider as paying taxes. But to answer the your question, yes, you're a bad person if you're avoiding some of your taxes, whether it's every month or every year.
This must be the problem with avoiding taxes, it is not just a moral question to be asked, and even though that plays a part in this, it's also a financially bad decision as well. If you avoid paying taxes and then you are caught avoiding it, then you are going to end up being punished a lot harder. In my nation, it is 300% of what you owe as a punishment, so let's assume that you avoided 10k dollars of taxes, and you didn't pay it, and you went about your day like nothing happened, if they ever catch you, then you need to pay 30k dollars instead.

That's not a smart decision, I would rather pay the tax and avoid any punishment and just be done with it. I would have to be in a life or death situation to avoid it, not for moral reasons, but because I rather not have the punishment.
1219  Economy / Economics / Re: New Research found Work from home workers to be less productive on: August 11, 2023, 05:46:05 AM
No I think this is the opposite, the corporate environment can create many distractions and interruptions, from commuting to time spent on social media. When you come to work, you may feel more tired and easily get lost in leisure activities instead of work.
You're ridiculous, how is it possible that in a work environment with clear and formal rules you're allowed to do things outside of duty? Unless you're a typical worker who likes to break rules that are not implemented too strictly.
To be fair, if you have a busy home, like a wife and a few kids, and you do not explain them well enough that you need to work and they do not respect your working space, then it's true that you are going to be able to be a lot more productive at work. But if you are single, or married with no kids, or married with kids but they all respect your working space, those are all things that can make you even more productive.

As someone who has worked at home for god knows how long, I can tell you that it's definitely better to work at home. I am a lot more productive at home because nobody bothers me here, and I am in my own room and working for hours and hours a day every single day and that makes it a lot better without a doubt.
1220  Economy / Economics / Re: No choice but to use the unavoidable middle man, the exchange companies. on: August 10, 2023, 05:25:29 PM
I definitely can't agree that you can't avoid middleman services in the digital age.
You don't need a middleman in the world of crypto, if you have knowledge about crypto and you know what you are doing.
Escrow services and multi-sig wallets are a thing in the crypto world. You don't necessarily need a centralized crypto exchange to serve as a middleman in your transactions. In fact, many crypto scams are done by centralized crypto exchange platforms.
Of course, many crypto noobs are going to use a middleman, because this gives them a false sense of security(and greater convenience).
The same thing applies to the fiat banking world. Many people think that using a bank will keep them safe from scams and a certain percentage of them usually get scammed by the bank.
There are people who just use bitcoin in a "send fiat from bank account to exchange account, trade, then send fiat from exchange account to bank account" and that's all they do. This is why they do not see the chances that they could use it without any centralized platform. I understand that we all know how that can be done, but they do not, and that's their problem.

Unfortunately this has to be something to look for if you want to get the full benefit of bitcoin but they do not. This is why they do not know what you know and they do not agree with you. According to them, there is no way you could avoid middleman, because they do not know how you could avoid it, and they use it in a sense that it would be impossible to do that.
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