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141  Economy / Economics / Re: Reason we pay taxes and why we should on: June 16, 2018, 02:39:23 PM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.


I certainly agree with you that we are paying taxes for a reason. The government is using it to sustain all the needs of the country. I believe that it is our duty to pay taxes though it is quite hard for us who aren't earning too much to pay taxes. It is still our responsibility to help our government though pay taxes appropriately and honestly.
142  Economy / Trading Discussion / Re: Bitcoin now below 8000 time to buy now on: June 16, 2018, 12:46:21 PM
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....


Don't wait that long because there is a big chance that bitcoin might recover that soon so we must not waste time and just start buying as early as we could because it would provide us more profit in the future. To maximize our gain, we should know when to buy and when to sell. It is an advantage if we'll all have enough knowledge about trading and investment.
143  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: June 16, 2018, 12:13:59 PM
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy




Bitcoin has really a big impact in the economy and it's growth. However, bitcoin alone can't change the economy but through the users and investors around us. It plays a vital role in the economy because most people who has sustainable life was changed by bitcoin. It changed some aspects and factors of the economy through the stability that it provides most of us.
144  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ALTCOINS going green! on: June 16, 2018, 07:46:44 AM
As for the present market status, most of the Altcoins, especially those who were in the ranking (Top Tier), are all green while BTC is chopping in a range. I have found a new setup for my trading plan but I'm still cutting down trades until bitcoin gives a clear direction for the market. Even this is good news for traders like me, don't let the greediness get over your heads. Don't make indecisive decisions during this green flag days, consider a bigger time frame if planning to sell immediately. I know trades were bound to happen for us to gain profits, but you still have to go with a higher probability to maximize it.


Well that's a good news for most of altcoin hodlers because lately, the market is red and some of us panicked because of it. I just hope to see the continous growth of the market since most of us love to hodl altcoins for a long term and we've been waiting for too long already.
145  Economy / Trading Discussion / Re: Day trade is more a lucky thing or skill on: June 16, 2018, 05:37:22 AM
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?


We could only trade through skills because I believe that no matter how lucky we are, if we don't have skills, we can't still do trading right and appropriate. We might just have losses if we'll rely trading in luck. We still need enough knowledge and wisdom about what we are doing.
146  Economy / Trading Discussion / Re: What's happening to Bitcoin? on: June 10, 2018, 03:25:57 PM
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?


I think there is no really enough reason for us to do panic selling because we all know that bitcoin is volatile and what is happening now is just a part of it. The market will recover soon as it did last time where in after it's price drop down, it rose again to reach the best value.
147  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your plans with your Crypto Currency? on: June 10, 2018, 12:26:09 PM
I just wanted to  know what are your plans on your cryptocurrency in the future?


Do you plan to keep on investing?
Do you plan to exchange your crypto in fiat and leave crypto?
Will crypto survive?


My plan is just to invest more on cryptocurrency because I would want my earnings to continue growing. There is no easier way and better opportunity of gaining a good profit than cryptocurrency so I would always choose it as a way of earning. I would still continue joining in bounty campaigns to earn more as well.
148  Economy / Trading Discussion / Re: best coin for long term investing on: June 10, 2018, 11:14:10 AM
please tell which is best coin for long term investments
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If I were to choose, I would still prefer to have bitcoin and ethereum for a long term investment. I believe that these coins have passed the tests of time here in crypto world. However, there are still lots of altcoins out there, and it is up to you to choose the best one.
149  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: June 10, 2018, 05:25:25 AM
We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?


I think yes, because it could help them grow independently and they would know how to value their earnings and hard work through it. At the young age , they should know the importance of earning. However, we should also let them enjoy playing first because they will only be kids once.
150  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin ever be so popular like real money ?? on: June 09, 2018, 06:35:32 PM
Life can not be considered without real money. There is no alternative to money in every step. But in the digital era, as a digital currency, Bitcoin can increase the use as a real money?


Since bitcoin is known to be the father of all crypto currencies , it wouldn't so hard for it to reach what fiat has. It is already being compared to fiat which is an advantage for most of us users. Bitcoin is being valued and used same as the function of fiat bit we can't deny the fact that it can replace the virtual money.
151  Economy / Trading Discussion / Re: day trading effective? on: June 09, 2018, 06:08:02 PM
questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?



Day trading wouldn't be so hard if you have enough knowledge about it. It will take most of your time and it will take a lot of skills for you to do it successfully. It is important that you know what you are doing to avoid losses. You should monitor and have enough skills about it.
152  Economy / Economics / Re: BITCOIN IS NOT BUBBLE!! on: June 09, 2018, 05:26:51 PM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!


I certainly agree with you. Bitcoin's votality do not necessarily mean that it is a bubble. We all know that bitcoin has passed all the tests of time and it has changed a lot of lives already. This currency has been an asset and a way of easier transaction in every corners of the world.
153  Economy / Trading Discussion / Re: Trading or not? on: June 09, 2018, 04:09:23 PM
If I lost most of my capital in one coin, I will hold the first to coin it up again, whether it can be called trading or not?
Give your opinion Smiley


That is investing involving trading at the same time. We couldn't avoid certain losses here in crypto because the prices of the coins here are not stable so hodling would still be the best answer and step for us to recover from losses. Your strategy would still be and effective way of gaining a good profit.
154  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think this year will be Red? on: June 09, 2018, 01:06:26 PM

Do you have any good reason to believe that the crypto market is going to grow this year? Do you think we may end up in all red? I do not see the growth and happy investing of last years.



I am so much positive and optimistic with cryptocurrencies and I believe that it's votality would be providing us great things in the future. We should not doubt about it's capability. I believe that it could still repeat it's history to strike better by the end of the year.
155  Economy / Trading Discussion / Re: Trading tips on: June 09, 2018, 11:18:51 AM
I am a newbie to crypto field.I want to now some crypto trading tips.can you help me


As you begin with trading, you must first learn about all the basics of trading. Be eager enough to learn new things about it. There are lots of resources where you could gain knowledge about trading. Through the use of the technology, you can find answers in the internet. You can also find informations through the forums here.
156  Economy / Economics / Re: Feeling bitter in banks? on: June 09, 2018, 06:14:07 AM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?


Banks existed before we had cryptocurrency and nothing could replace it because it is trusted by most of the people nowadays. It is valued though it couldn't provide us the profit that we all want , it is still the best place to store our earnings. Cryptocurrency could still work well with banks.
157  Economy / Trading Discussion / Re: minimum amount to start trading? on: June 03, 2018, 05:07:31 PM
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

It depends on how much you are able to invest but the the best thing to do is for you not to hesitate in investing because the higher you invest here , the greater the profit that you may gain. There is no specific amount to start trading but as long as we are able and willing, any amount would surely do.
158  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: June 03, 2018, 02:15:05 PM
I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?


It can be hacked if you are not careful of securing your private keys. Also, there is a big chance that you can be a victim of phishing if you have the habbit of clicking unsecured links and sites. It is important that you always secure your private keys and you should just entrust it with your entrusted person.
159  Alternate cryptocurrencies / Altcoin Discussion / Re: Uneducated people join Cryptocurrency? on: June 03, 2018, 01:28:49 PM
Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?


I believe that education is never a requirement here in crypto world as long as you've got the skills and capability to understand what you are doing, you would be able to gain a good profit and earn great rewards here in crypto. You just need to enjoy what you are doing.
160  Economy / Trading Discussion / Re: What amount did you start to trade? on: June 03, 2018, 11:08:45 AM
I have been thinking whether 0.005 btc is good enough to start but it is just for practice trading right, no matter, if you lose the profit at least you will gain experience.  I start my trading in coinut and deposit 0.005 btc when it was around 12k USD. I stop my trading when the fluctuation causes traders to sell high.

Eventually, I am trying to read chart and still losing. I know I need to learn more, and I have tried to trade with altcoins with low price but not yet satisfied.

My question is what is the exact  amount to start  trading and how much profit will you earn. Give me example and I will evaluate.

Please answer my question professionally, I will delete answer with no connection to the topic.

Thank you. GODBLESS.


I started with 100$ from my savings before since I was quite hesistant about bitcoin and I was unsure with the profit that I might be getting here in crypto. I was so scared that I might lose bigger if I invested more but things get better through patience. I made that money grow through patience.
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