I agree that gambling is a very good use case for cryptocurrencies. However, with recent spikes in Bitcoin fees, it's also a challenge for them because who'd pay the same fees at the deposit or withdrawal amount?
As for avoiding punishments, I don't think that's what cryptos are for. And crypto casinos also often have their own restricted areas and stuff, so playing from a restricted jurisdiction is not a good idea.
As for your website, I think it's interesting info that you're sharing there, there were things I didn't hear about there.
Yes gambling is one of the case, but sometimes it became the reason as well for same banned accounts, in my country local wallet exchange cannot be used in receiving gambling salary or payout they will banned your account instantly so whenever I will use my payout and withdraw it in my wallet I will transfer it in other exchanges first before receiving it , but all in all gambling can help more and more country to adopt crypto. |
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I also do not encourage this idea, I hate the idea of borrowing in general, so I will never think of taking bitcoin in the form of debt, do not forget that you must return the debt that you took in addition to the interest owed on this amount, so it does not seem like a good idea to me I prefer to buy Direct and investment rather than borrowing.
I agree i am against in any debt especially with bitcoin I rather missed out any opportunity to buy it rather than taking a debt or borrowing just to buy and go with the flow. Remember a debt is a debt it will continue to grow because of the interests, I would do another job for me to create money and not to rely with anyone, having a debt for me is a big burden, yes bitcoin may pump and bitcoin may dump in an. instant as well, there's no assurance so do not take debt. |
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I read from a twitter thread and from some blog that we should took trade by risking 3-5 % of our capital per trade. So you can protect your ccapital.
But in Cryptocurrency Market i realized that when btc pump or dump 95% alts gona dump, So i can maintain this Risk mananegemnt to protect my capital.
Please any suggestions...😊
Thank You So Much...🙂♥️
Risk management is one of the main thing we should learn and we should understand aside from trading and reading charts, because there's no assurance in the market, cryptocurrency is very volatile, sometimes our TA may be shorted may be not hit by our entries at some point there's no way aside from cut loss so risk management is hard but very essential to know in this world of trading. |
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Since it is Sunday (here in my country) I think you can still buy bitcoin , with my RSI it is still on it's downward position for the next 4hrs so yes it is good to buy since the stock market is close as well, there is a saying I am not sure if it is true but when the American Stock market is close the price of crypto is dumping as well or it is stable and no big movement, study the market carefully and you will see if it is good to buy now or there will be more lower value after 4hrs.
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Nobody knows that you are investing. Rich people are always looking to increase their wealth and are looking for convincing reasons for that.
They will use Bitcoin when they feel they are making enough money. They may not announce their investment because many governments may ask them for more fees or some technical complications.
rich people will sell them coins when country ban bitcoin
We really can't blame people even they are rich or not they can accumalate more as long as they wanted, they can post or retweet it whenever they wanted it is up to them , the reason why crypto is being banned because of the government itself, they are too afraid of innovations they think that technology is a threat to the states even though it can help in the economy, rich people help us to reach more people in the other part of the country by using their tweets if they want to announce that they bought tons of bitcoin, we don't need to blame others. |
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That is the only way that a family can become sustainable without relying on the economy, grow their own food and have their own livestock. What COVID did is made us see that the current system is not sustainable in long term and that we are on our own when the worst comes. It is a good thing that we will not forget what happened to us and the world during this pandemic, this can help us make a better economic and social system that is more stronger and resilient to this kind of pandemic when it happens again.
Yes it proves to us that an unexpected thing may happen sooner or later we should learn to save in case of emergency or pandemic may happen, this pandemic teaches me to make some other work so that me and my family won't be hungry and we can sustain our life and pay our bills, this pandemic hits our economy so bad, since we're living in a 3rd world country where every 1$ is important to us and big amount to be lost. |
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Success is all about planning, it dosent happen in a crashy way so you must have prepared and planned it well. If a trader can join all this tips and use it to make a guide and follow it through, success is sure for such person. Its not easy thats why it will be hard and people might not be able to follow through because of lack of patience and dedication.
Trade plan is needed so we cannot be greedy, beinf greedy can be the reason of our losses, in an instant we can lose all our money that we save because we're too emotional. Successful trader takes time before we can be like that, the moment that we can see every failure as a lesson I think that is the time we can be called a successful trader. But if you want to lose money in the fast way be Impulsive it will take you to losses. |
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No doubt that it will overtake India because there are far more crypto users in Nigeria than in India right now. It could change but we all know that Nigeria is a forefront in the African continent when it comes to cryptocurrency and this ban from central banks will only stoke the flames that will cause the people to go for cryptocurrency more than the central banks.
I don't know but I think there more Indians using crypto than Nigerians it just so happen that there are some issues regarding crypto in India correct me if I'm wrong, I have a lot of friend from India and if you will notice some of them in bounties are indians so if Nigeria overtake the p2p of India I think it can affect somehow to the economy of India. When the issue gets cooler and if government no longer prohibits its people to use crypto I think it would be great to have their own p2p. |
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Hello does anybody have here experience with trading based on RSI or MACD or any other indicator(Which one?)
Iam considering to buy service what can send me a email when rsi crossing below 30 for example, does it worth it? Does anybody from you using it? What are your experience? thanks for answer
I rather monitor it all by myself so that i could learn more, I am studying RSI and EMA now and been doing this without alert I just reminded myself to go online and check my trades every 4Hrs if ever that I am busy at my work or sleeping. If I have a time I did not do anything for the day and just focusing reading my charts. I think no need to pay for trading view as well. Just do it on your own you need to manage your money wisely. |
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Anyone can trade without knowledge and experience but there is a big risk to loos capital. So before enter the trading, we should research market and acquire knowledge about trading.
Everyone could do that, they can get gains and profits as well but they are prone to losses and liquidation, it is like taking to war without preparation and without any firearms that you will be using in order for you to win that war. At first a simple trading plan can be really helpful it will help us to track our trades. Everyone should learn how to trade so we will not panic in our current market situation now especially this time where almost all of the coins are dump. |
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This is bull run and I want everyone to be cautious with your position on every Altcoins. This is the time when shoitcoins becomes the coin of the people. Most of them get pump by whales who have filled their bags in distribution time. One should also know that only the tough coin last long and this are the ones that survived the near market and not all the suffix finance that are hopping in the bull run track without much to offer. I have keep my eyes on the below gems and not be taken as financial advice. They encompasses: - DIA, the next oracle
- Dego finance
- Poolz finance, the next IDO platform I'm rooting for though there tiers are high in price but good for making profit if you can hold for long term.
Cheers.  I have dia as well! we're the same mate, also I bought earlier $MDT because from what I research it is good to hold so much amount of that now, let us just hold this coin and continue to gather some news so we can have an idea when will we gonna sell it or it is good to sell it now, but as what I observed this is a good coin to be hold for this year, I'm still searching for more good gems in the market now. |
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I don't really think that Bull run is over, as what we can see recently we are back to $50,000 most of the coins now are green, we can say that what happened in the past few days is just a market correction, I am expecting that by Saturday or when the stock market closes we can see if we are going to have a bull run and alt season or we will still have some sideways before we lift up and go to the moon, this is normal and it's actually happened last 2017.
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New tokens with high gains only last few days or even few hours, it's not very recommended for doing this in my opinion. If I have another 1000$ dollars I would invest them in top coins like ethereum, bnb, polkadot and others which have more utilities.
You've got a point, the coins that you had said is profitable and if I will be choosing coins I would prefer that too, but he can also use at least 100$ to some new projects like what we have seen in pcs, they have a high potential too and some of it get listed in binance and Cz has an eye on them. It will depend on his risk management and his patience with tolerance because as what we can see we're having a very hard time in our market now. |
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It has been achieved this month to become the newest ATH from BNB. I think if this bullishness continues for 1 full year there will be a possibility based on technical analysis the price from BNB will increase up to 500 $. I am quite sure that with the current development, BNB will experience that increase in the near future. BSC. And the IEO program was a huge success
I can confidently say that BNB will soon increase to $500 or more we're just having a small time correction now but soon it will went high again it could be the next eth and will have $1000 value in the market in the next few months , each day many projects uses BSC in their platform and that makes the demand to BNB which is uses to have BEP20 for slippage (gas in eth) but I heard some errors in bsc now heard from my dev friend maybe that is the reason why the bnb price dumps or it is normal since btc dumps as well. |
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This week is the best time to buy and to shop many good coins, I believe that what we're having now is just a market correction and we need to endure this bloody market and buy more coins that are good for the next few months read some of their updates as well so you will have the update on what coin you want to invest your money, I am still holding my bnb now that I bought last Sunday and waiting for it to reach and surpass its ATH again.
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The reward now might only be enough for some gas fee and can only sustain few minutes of gaming in any casino or just second depending on how big we bet, however it can still be a good way to acquire more btc of crypto. Since the price of crypto were too volatile now and better to do trading, i would rather hold it in the meantime or use for my trading transactions.
Maybe yes it is more practical if we use altcoin in our bets rather than our bitcoin salary (assuming that it is btc since most of our sig camp now pays in usdt or tokens), I want to save more bitcoin maybe convert some into xrp or doge if I want to use it in gambling but most of the time I am not using my earning to play, because it is risky for me and the price of altcoin are pumping now so when I lose the greater decrease in my assets, so I rather put it in investment. |
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I highly suggest that you should research a coin before investing on it, if you're income aren't stable do not invest too much on something risk and financial management is needed ,in trading you can be rekt too there's no linear patter in trading there's no coin that will continue to go high without dumping, regarding to XRP maybe you should only buy a bit because the issue is not yet resolved and been forget by many so do not spend all your fortune in XRP.
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nothing is impossible, in the world of cryptocurrency everything can happen overnight. Bitcoin prices of up to $ 1 million might happen but who knows when, the time cannot be predicted. Currently, the price of bitcoin is very high. Before hitting $ 1 million bitcoins will still cost $ 100k. There has been much speculation about the price of bitcoin. This is still the beginning, Bitcoin is still growing. Bitcoin is becoming a valuable digital currency today.
Yes I agree, I think with this continuos adaptation of business owners, well known personalities or influencers it will greatly affects the bitcoin price and before this year ends our bitcoin price will go higher than our current price now and soon we will all go to the moon as we rich $100,000 mark price, I just wish that altcoins will went up higher than today as well so I am still holding many of it especially $ETH, $BNB and $DOT . |
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