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1361  Economy / Trading Discussion / Re: Copy trading profitable? on: October 16, 2022, 06:53:21 PM
It was profitable depending on what strategy you have been following. Most newbies are doing this just for the sake of having an experience but of course, not all it works so well and fast adoption that even it was profitable, losses are still there. But I think the idea to keep doing this is not good as it encourages to make our own strategy because the market behavior has changed and we need also to adapt to the condition of the market making these old strategies may not work well.
Follow trading is never been a good thing on making yourself learn about it.Its better to stick into manual.Main reasons on why newbies do tend to follow is that they are
going for the easiest way on making profits and this is where things ends up on which they do plan to follow someone.I do hear off on eToro which there are lots of feedbacks
that there are people who do really make money with that but i dont really believe that it is really that something worth to do so.
People who are on those been followed are the ones who really make money due to those fees i believe.
Maybe there are pro traders who can explain on why they did that move, if that so then it's possible to learn on them but I think most copy trading doesn't work like that. You can only copy the outcome of their analysis. This is why it's better to learn on our own. As usual, there will always be people who look for shortcuts. They don't want to venture the hard road so they will use a copy trade.

Etoro has this service but the reviews that they put can be one of their ways to market this service. They and the trader that is been followed are mainly the ones who earn a profit. Those who pay for such service can make a profit but that will be greatly lessened due to fees.
1362  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins? on: October 15, 2022, 09:54:02 PM
Problems with altcoins are: You can get high ROIs with them, higher than with Bitcoin in a few weeks, a few months; but when the trend is broken, you will lose more with altcoins. Another problem with altcoin investors is: they believe too much in altcoins and they hesitate to cut loss, to exit early. Therefore, when they get loss with altcoins, it should be -50%, -90% or even higher.
Altcoins are not something you should stick and be loyal to. We have to be reminded that they come and go. They're usually short-lived. So they should only be treated as milking cows. When playing with altcoins, good entry and exit points should be well-plotted in advance. By the time a good profit is achieved, altcoins should be dumped as quickly as they're acquired. They shouldn't stay in wallets for long. After all, they're only there so that your Bitcoin value increases. Bitcoin is still the ultimate goal.
Depends on what is that altcoin you are talking about. If that alt is shady then yes, they are not worthy for long term investing but if that alts are the common alts that we know i.e eth and bnb then these coins are fine to hodl for a long time. A good entry point is usually done when the coins value is dumping or when the market is in bear phase and for the exit point, it's when their price are pumping or when the market is in bull phase.

Alts aren't created to help btc increase its value but btc is actually the one that helps alts to increase their value. Now you know the drill. We shouldn't invest more in alts but we should put more money in btc so that alts can benefit as well.
1363  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: October 15, 2022, 06:30:41 PM
Leverkusen have been in poor form this season. Leverkusen won only 2 matches out of 9 matches. Leverkusen conceded 16 goals in 9 matches. Their defense is very weak. However, Frankfurt have managed to win their last two home matches against Leverkusen. They beat Leverkusen 5-2 in their last home match. And so today's match seems more likely for Frankfurt to win.
What you said really happened today where Frankfurt were able to win a lot against Leverkusen which even I was a little surprised to see the total score for both, because these two teams are not very good in the Champions League group this season. But if Frankfurt can be better and focus on the Bundesliga this season, then there is still another chance next season in the Champions League although for this season both are very difficult to qualify for the next round.
After change of coach and having good result in last match there were some expectations things could be no worst as they were in past but surely right now defense is the biggest concern for them, and they need to work on this if they want to compete in this German Bundesliga as now they have no chance in Champions League with already fourth in their group, so new coach surely needs sometime for having better strategy which give them better results in coming matches which is not easy in current situation.

Management is also concerned about things happening in club, and they are going to have few good changes in coming transfer window but still they need to give time to Alonso for bringing positive results because start of this season was the worst, and they are still having after shocks which will go behind but take time.
1364  Alternate cryptocurrencies / Altcoin Discussion / Re: Terra Luna Classic - Take profit or hold? on: October 15, 2022, 04:59:03 PM
I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?
Why only pull out $100 right after every pump. What if you just pull out all the capital that you have invested? And I think you will still be left out with more luna coins. You can then hodl it as long as you want and you will never have regrets anymore even if it dumps and won't recover. And what is that good news you are talking about? We don't have any lately but what we only have are negative news.

You know the new rumored war, the recession, inflation and many more. There's also news which are only specific for luna but it was a negative one, and that is authorities are now hunting do kwon (the founder of luna). With that kind of news, do you still think the price of luna will rise? No way.
1365  Economy / Speculation / Re: Will Bitcoin hit 2022 low again? on: October 14, 2022, 07:23:33 PM
I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022.
No one should be optimistic yet about Bitcoin, such might be disastrous. What I could advise is for everyone to always reanalyze the market on the daily basis, which is the only way we will not make mistakes. The Bitcoin that was bullish yesterday might be bearish today, so we have to be careful and dynamic.
I am bullish and I am not really keen on waiting, realize that bullish trend people do not really worry about it when it is bearish. Because, when you want bullish but bear happens, you can buy more and wait for the bull to come, the opposite is not possible.

If you are a bearish person and it goes up, you missed your chance, you have to wait for it to come down again and up again, we wait only the up, they wait down and up back to back, which is a lot harder and takes a long time. We had a huge crash, from 68k to under 20k, it’s not really shocking to expect it to go back to 60k+ which means that there is a good chance I will make 3x profit, I just don't know when.
1366  Economy / Trading Discussion / Re: My exorbitant lessons in last bull market on: October 14, 2022, 06:43:53 AM
1. I watch YouTube videos of people gambling on meme coins with just 100$ and making thousands of dollars, I did the same and I ended up with tokens that I can't sell on an exchange, buying works but not selling.

2. Friends told me that Vitalik have promised Proof of Stake on Ethereum for years and it never came to past, I believe them and invested in Eth mining equipment, I am now selling to gamers since they are not profitable, not even a bit.

3. 100k per BTC nearly brainwashed me, I escaped this though but I really believed it, if I had some funds at the time I might have invested on BTC at ATH, thinking its going to 100k.
1) You cant sell your coins because the exchange was a scam? or maybe the coin have been delisted immediately because it didn't have any volume/liquidity anymore and you are only late to realize it. You know, meme coins can come and go easily, especially if they are popular. There is no need to wait for more people to invest on it because the devs already got their desired profit and they are now ready to exit.

2) Your mistake is that you are late again. You think eth won't transfer to POS because that is what your friend told you but later on it did came true but I think your machine can still be use for mining other coins.

3) Everyone believes on that actually. It may have failed last bull but I am sure that btc will resume its failed mission on the next bull.
1367  Economy / Economics / Re: Reasons you will remain broke as an adult on: October 13, 2022, 04:22:48 PM
Lazing is something that is detrimental, free time is wasted, and afterwards regrets. Our hope is success in the future. But if all we do is laze around all the time, it will have an effect when we are adults. In my opinion, life requires hard work, if you want to make something happen. If you continue to be in your comfort zone, without doing something it will be in vain.

We have to explore our abilities. So that our abilities will grow. And don't just stand still. so that we produce something from our abilities.
It's not bad to be lazy sometimes. It helps you relax during your free time but this should not be abused. We need to spend most of our times on the things that is truly beneficial for us. It can be in a job where you can earn a guaranteed income.

It only boils down on handling your money. If you can't handle it well and spend it on the things that you don't really need or to the things that doesn't create a value overtime, then you will likely remain broke even if you already have a job and you are earning regularly but it is better than those who don't have any job at all. They are the ones who are literally broked. They are the ones who are literally lazy.
1368  Economy / Speculation / Re: what is the bottom of this bear market BTC on: October 13, 2022, 02:14:34 PM
Lets poll the lowest BTC price can expect this bear market
Though Bitcoin is unpredictable I think, that's unlikely to happen.

Bitcoin price candle this month was played at the range of $18.5k to $20k and it was never down beyond $15k and I think that will not happen.

Do you think it could be a bullish sign this month the hack happened on Binance recently?  It's $100M and it could be converted into Bitcoin.
I think OP is too late to ask this because the price is now getting stable and a lot of us are expecting for a bullish move starting in the beginning on this month and onwards. We have reached the lowest of btc this year and that is when the price plunges to $16k and I think it's safe to assume that it was the bottom of btc. The hack incident is not a sign of being bullish but it's a negative event and this could discourage people of putting their money here in crypto.

I also don't think that binance will convert those stolen bnb into bitcoin. They even removed usdt last time. All what they want is to become number one so they will value their own products more than the others.
1369  Economy / Trading Discussion / Re: Never sell for a loss - is a Myth !! on: October 13, 2022, 01:16:04 PM
People that do such act I think is not by their wish it depends on the situation at hand, people don't like to lose no matter how they will think of alternatives way unless there is no option. So I don't think it deliberately they most be reason for that incident. I think no one pray for loss.
No other people do the act, only them so it was their own wish because if they didn't then they will never sell their coins no matter what happens or no matter what are the conditions of the market. There are people who work depending on the situation like they can hodl longer or can sell early but trading was never meant to be situational.

In trading, one must buy and sell continuously no matter what are the circumstances are. That is they can sell even at a loss to be able to buy again at lows because they know that they can they can still recover it or they can also switch up on other cryptos. Never sell for a loss is not a myth but it's a fact for some of us.
1370  Economy / Gambling discussion / Re: Tennis League All Thread on: October 13, 2022, 10:13:22 AM
With every sports injuries happens. With tennis quite often we can see players taking long rest. With the young players, they have got more years to show their ability to the world. Even at the very young age they've got into the leading position. I find Medvedev, Felix Augur, Tsitsipas, Alcaraz to be taking the lead on the table for a long.
Few decades back we have no big prize money like this just because of these players were doing hard job and having good money, and they love to achieve titles as much they can but recently due to big prize money and not good dedication for prestigious titles players are taking too much rest and having fitness problems as well.

Jimmy Connors hold the world record for most titles in tennis history, and he retired from tennis around 26 years back so with this now most chances no one going to break his record only Roger Federer reach new to him, and now we have only two players in action which are near to him but as their fitness and age factor are having impact on them most chances they could be not going to close this record.
1371  Bitcoin / Bitcoin Discussion / Re: Is Bear Market More Important Than the Bull Market? on: October 12, 2022, 08:19:50 PM
Neither one is more important than the other, if there is no bear market, how can we buy bitcoin at low prices? If there was only a bull market where the price just went up and never went down then no one would sell their bitcoin and no one would be able to buy BTC. A market cannot exist without either one of these factors, in order for the market to be formed and exist, they need volatility.

Personally, I like the bear market, because the bear market is a time for us to clean up the market, remove the weak, unnecessary things and only real projects will survive. This is something the bull market cannot do.
That is true and this cycle of bull bear bull bear bull bear, has to continue because it would actually make sense to keep growing and making profit, then going down and buying again to profit later on and keep repeating that, it would be so much profitable for people who would buy from the lows, and sell from the highs and I know that not that many people do it right now but the reality is that buying at the bottom and selling at the top and repeating that would make you super wealthy within just a few years, and even in a year if you have some money and also come in at the right moment. It is very very important and we should be happy that we get bear markets.
1372  Economy / Economics / Re: At last, Twitter wins the battle!! on: October 12, 2022, 06:14:10 AM
Let's hope there will be good changes once he acquires it.
2 of my accounts are gone and one of them was changed to a lady owner. I don't know what happened to it so I just trashed it to avoid more problems.
Freedom of speech is good but security must be higher. No to freedom to hack or the freedom to close accounts just because the owner wants him down or the other person's opinion is not in agreement with his.
The better part that I see is if he reconstructs it with cryptocurrencies injected with it.
It's clear that one of your accounts gets hacked but you should report it and see if the twitter team will recover it. You can also include your other account when you report. Don't just ignore the problem and let the hackers won because they will be more motivated to do the same thing again especially if more users are going to respond the same as you.

Let's assume that they will improve Twitter overall not just its security because there are a lot of flaws from the previous versions of Twitter. Adding cryptos on the platform is also a good idea other than the crypto topics that we see there. This will make Twitter more crypto-oriented versus to other social media sites.
1373  Economy / Trading Discussion / Re: Trade with a business mindset on: October 12, 2022, 01:00:31 AM
Mindset matters a lot in trading just as it matters in other things. also understanding and having a business mindset towards trading can also help. just like business you make profits and then you also lose in trading and new traders should understand and not bite themselves about this or make their losing discourage them from wanting to keep trading thinking that older traders never lose but always gain.

Everyone experiences losses and the new traders need to recognise and understand this. The only difference is that the older traders know how to manage their losses something that the new traders need to learn, just like business people who manage situations.
I think mindset is a general word. It's how one thinks so you will still need to specify if what mindset is needed in your description but it seems you are talking about a positive mindset there because we are giving advises here and not someone to teach them a bad way to trade. Trading can be considered as a business because we can earn profit out of it so yeah we need to develop a business mindset when if we are dealing with it.

Losing is a part of every business but there are people who can't help it but to quit because they lose a big portion of their money. This is why it's better to start small first on every business we venture.
1374  Economy / Gambling discussion / Re: FIFA 2022 world cup on: October 12, 2022, 12:40:51 AM
You bring an important point, why Qatar wanted to host the world cup? Even if they see an increase on the people visiting their country this is going to be temporary at best, and if anything due to all the controversy regarding alcohol and other activities this may discourage people from visiting their country, so the only explanation I find is that they simply wanted to do this regardless of any economic benefit it could bring them, which is why they did everything they could to convince the top executives of FIFA with everything they got.
Here in this case mostly inner politics have his best role as Qatar has chance to host this event with the help of big players in these sports organizations and no one able to stop this all because money power is surely having the biggest impact.

We all know how FIFA is working, and we all know how many corruption cases already against their members are also highlighted, but nothing positive happen so most chances we are going to have no positive change in Qatar policies even after this event because they all know without giving any relaxation in policies they can do things which are important for them and media houses and human rights associations are also not able to have any strict policy against them.
The horrible thing is that the higher ups of these nations will continue to live a life of ease, there is nothing illegal for them, they can do whatever they want, mainly the men of these nations because they control the whole power, and they can leave the nation and go do whatever they want in other nations or even secretly do whatever they want in their own nations.

They will whitewash the nation from all the horribleness in the eyes of the west with these organizations and let everyone do whatever they want, making a look like they are a good nation to everyone. Then when everyone is gone, the poor of these nations will be treated like they are slaves, and will be a horrible life for all of them.
1375  Bitcoin / Bitcoin Discussion / Re: Are Early Adopters rich? on: October 11, 2022, 12:18:22 PM
I think the earlier holders are not necessarily the most successful, especially if the main goal is not long-term investment for posterity, because they may have increased several times and have not been able to hold it anymore and choose to sell it. until finally they now wish if for example sold at this time.
I think what you mean is prosperity not posterity because its meaning seems to be far from what we are talking here. Not all early hodlers are investing for prosperity but they are only using their btc as a regular currency though I think they still have something left for them so we can say that they have gained some profits but not too much when compared to those who are seriously investing for the long term.

those who are successful are those who are able to have prior knowledge, so they can take advantage of the bearish and bullish seasons well.
We all have our definitions of success and the first type of btc user that I said earlier can also be considered to be successful. They do have a knowledge because they didn't doubt btc on its early days. They research and knew that it was legal and very useful.
1376  Economy / Speculation / Re: Is anyone buying right now because they think we are at or close to the bottom? on: October 10, 2022, 08:41:20 PM
If you greed for more, then definitely you will miss the best price to buy.
If you are able to buy the coins at around 22k usd, the consider yourself lucky, as no better price can come for Bitcoins if you exclude this.
So it’s advised, buy as many coins as you can, and hold it for long term.
Then definitely after 2-3 months you will see massive profits in your wallet.
This is my suggestion only, now think and analyse and invest accordingly.
Those which are always hoping for the price of bitcoin to go down a little bit more before they buy are the ones which rarely do so.

At hearth they are afraid to make a mistake and buy bitcoin when its price is too high, so they hide behind this pretense they are waiting for the price of bitcoin to go any lower to buy it to hide their indecision, the current price of bitcoin is a great entry point and most of those which refuse to take advantage of it will regret it in the future.
There are so many people who say "I wish I bought bitcoin when it was lower" when the price reaches the peak, and when it is at the bottom like right now, they are nowhere to be found. This is the price they talked about, if they buy right now that means they are going to end up with a good result in the long run but they won't and that’s the trouble.

We should be buying right now when the price goes down, and right now it’s the bottom and they should be buying and we would be profiting at the end. Price will eventually go up again, I do not see a scenario where it would be staying low forever, as we all know bitcoin will go up, and that’s the importance.
1377  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 10, 2022, 08:02:09 PM
There are no favorites in this match and of course both have a chance to win, but for me a draw is a very possible result. Because Fiorentina when playing at home so far have never lost and so has Lazio, when Lazio play away so far they have never lost. That way, at least they are still quite good and have a balanced quality or at least not much different so yes, apart from both of them having a chance to win I am personally more confident for the final result to be a draw.
I also have feeling about this match is going to be drawn, but Lazio is looking better side instead of Fiorentina which is clearly indicating they can go through as they have done eight months back here on same ground against same opponent with the score of 0 - 3 because recently we have big decline in Fiorentina, and they are not capable of facing top rank teams with positive result.

In last three matches, Lazio having very good performance as they won their all matches with clean sheets and doing a good number of goals which is surely a big advantage for them because their defense is like rock which is not allowing anyone to go through until dead end and their attack is also doing job which is surely pride for any team so here things are not easy for home team to stop them from having the best result for themselves.
1378  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's the safest bet for 3X to 5X return? on: October 09, 2022, 07:19:00 PM
probably on that average for 2 years it would be bitcoin that can guarantee a good return IMO. indeed it's been how many times trying to break the current ATH in the last bull run so it's expected to improve more in the future..

When it comes solana i don't have trust because they're stuck up till now and seems keep losing interest from big investors. So its quite skeptical to trust especially in the long long run.
Only bitcoin alone? What about solana and ethereum? All of them are actually good for long term especially eth as the merge has already done. People are expecting a big growth from its price. For solana, it is stuck because we are still in a bear market and as you can see, other coins are also on the same situation but wait till the bear ends and you will see that they will race towards their new all time high.

BTC is definitely going to be the first on this race and then followed by eth. Can't say if sol will be the third because there are similar projects who are like sol but one thing is for sure and that is sol will show a significant increase.
1379  Economy / Trading Discussion / Re: Trading indicators on: October 08, 2022, 05:50:59 PM
What's the top 3 trading indicators you are using
RSI, Volume and EMA are my top 3 indicators. I've been using those since I started to learn about trading and became my bread and butter during my newbie days to make some money to it. For me, there is no need to use many and complicated indicators. As long as you are able to do trading profitably, basic indicatos are already enough. It's also less stressful because your judgement will not be mess up by multiple indicators.
The three indicators you listed are very popular and I think that is because they are the most easiest and perfect for those who are getting started in trading but once you feel that you are used to them, you might also want to try out other indicators and see if they what benefits they can bring. Who knows? Maybe they work better than the previous one.

Hard indicators won't be hard for no reason and maybe they are truly more rewarding? It was like those "more risk more reward" stuff's. Learning hard and risky things will make you grow you as a better person and once you accomplished them, you will view other things more easily.
1380  Bitcoin / Wallet software / Re: Best cold wallet for BTC storage? on: October 08, 2022, 12:34:41 PM
Hi, I'm kinda new to this whole Bitcoin thing, but I heard it was big and wanted in, so I signed up for Coinbase and bought about $1500 worth.
Then I was reading up and read that I shouldn't store my coins on exchanges because if they're hacked you could lose everything.
I heard that hardware wallets are the way to prevent that... but what would be the best one?
All I really need is for it to be functional and have Bitcoin support.
I heard that Trezor or Ledger hardware wallets are pretty good... but what do you guys think?
You sound like a typical newbie who quickly get in after hearing that btc can make them a millionaire but anyway coinbase has a lot of users so their security is kinda robust and maybe they offer some kind of refund in case problem can occur and users lost their funds but what you are planning there is also great.

It's always better to be safe than sorry. Not only hacks can happen but coinbase itself can restrict their costumer from using their funds just like a bank so it's better if we transfer the coins to the wallet that we fully control. It doesn't really need to be a hardware wallet but there are online wallets too like electrum which you can use for free.
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