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141  Economy / Trading Discussion / Re: THINGS THAT CAN'T BE TAUGHT IN TRADING on: June 06, 2020, 04:54:34 AM
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!


yes, the psychology of everyone is different and we can't understand the communication of those who came before. I also had a period of time learning about trading psychology of some people but I suddenly realized that I could not be like them even though I tried my best. I realize we need to understand ourselves and know our psychological weaknesses. then find a solution to control it, that's how i did it and was quite successful. Now whether the price is volatile or there are large losses, I still feel emotionless.
142  Economy / Economics / Re: Cryptocurrency adoption in Africa on: May 26, 2020, 09:34:02 AM
One of the main problems can be in lack of number of PCs in Africa. Yes, crypto available on android phones, but a lot of important features available on PC only
I think this is not a big deal. because people in Africa still have enough supply to provide cheap PCs to work normally. instead of buying PCs for several thousand dollars, they would buy them for several hundred dollars to work on the internet. That is a simple problem that can be solved.
143  Economy / Economics / Re: Bitcoin and COVID on: May 26, 2020, 06:08:53 AM
I just find this to be ridiculous. When the economy has a bunch of people fleeing the market, who will push the price of bitcoin up? People are constantly deluded by the power of bitcoin about how prices will always rise no matter what event. But when Covid 19 broke out, the price of bitcoin dropped more than 70% in just 2 days. That example shows that no one is stupid to buy bitcoins when the economy is badly hurt. Be realistic, that's the way you survive in this crypto market.
144  Economy / Economics / Re: Is it possible to live without banks? on: May 26, 2020, 05:58:45 AM
without banks and central banks the economy will not be able to function properly. Because the bank is a big source of capital for startups and large businesses, without banks, businesses will lack capital and easily die. In the economy, banks play an important role in rational cash flow with reasonable interest rates. and the economy wants to develop well, the cash flow must be strongly circulated. So the bank is playing a very important role.
145  Economy / Economics / Re: Financial Crisis Will Come on: May 25, 2020, 05:54:30 PM
The financial crisis will soon come and it will also affect the whole economy. Lately I've noticed the absurdity of the stock market in the US. They are clearly the hardest hit covid but the DJI and S&P 500 are still growing. This is completely against the law of nature. holders will pay a heavy price for going against the rules of nature. It takes time for the economy to grow again and the financial sector to follow the same standard.
146  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Want to invest on: May 24, 2020, 05:34:40 PM
Goodmorning, i知 not new in the world of crypto but I never did an investment for lack of money, but now I recived a good amount of money and i want to buy&diversify my portfolio.
So I just bought a Ledger Nano X and want to know which are the best project to invest.
I always look with interest at $GNT, for their great  idea of decentralizing computing and $BAT , and other suggest?thanks Smiley
BAT would be a smarter choice. I am not a short-term speculator, I only focus on analyzing the true value of the business. BAT is alts that I appreciate because it is creating a very good browser and very nice interface. Currently, there are quite a lot of Brave users and most of them are positive. that's a positive sign and it'll be the top browser in the next 5 years. then the value of BAT may be x10 times the value now.
147  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth. When!? on: May 24, 2020, 05:26:35 PM
When will you buy eth again?
Now?
When halving begin?
After halving?
Thanks
I bought ETH at $ 188 and soon I expect its price to drop to $ 180 for me to continue buying. Ethereum is developing their new PoS system and I believe it will soon launch in 2021. When the economy is stable, cash flows are strong, the launch of Ethereum 2.0 will be even more impactful. So it's time to buy ETH and hold it for about a year.
148  Alternate cryptocurrencies / Altcoin Discussion / Re: Bubbalex and Cartesi team kept to bounty promise, thumbs up on: May 23, 2020, 05:40:11 PM
Actually this is a great project so everything is fine. There are many reputable bounty managers, but when faced with scam projects, they are helpless and cannot do anything with the bounty hunters. So what's important here is the credibility and quality of the project. That's something we need to check more before helping them promote.
149  Alternate cryptocurrencies / Altcoin Discussion / Re: Hello everyone! Do you still have confidence in altcoin? on: May 23, 2020, 05:25:41 PM
My belief in alts depends on the price of bitcoin. I do not believe much in the future of blockchain technology and cheap alts. I am just analyzing the future price of bitcoin to buy potential alts. You know, as bitcoin grows, the alts will increase later. Currently I only focus on top alts with strong communities. when bitcoin grows because of halving, the alts will have a good season.
150  Economy / Trading Discussion / Re: Anyone knows Bitget Copy Trade function on: May 22, 2020, 07:42:21 AM
I do not trust traders on margin exchanges. they are all bots of exchanges and when there are many followers following them, it will turn up and make us lose almost all our assets. This is a problem that many people have encountered and we should not copy trade. I heard a great quote from one of my teachers who said, "As long as you let other people use your money to make a profit, then you still cannot succeed in the financial field." . So study and make money with your ability.
151  Economy / Trading Discussion / Re: trade & investment is getting harder and harder. on: May 20, 2020, 06:33:29 AM
what I am experiencing right now is that it is difficult for me to obtain profits from investments and trade that I do, & is there someone here who has more effective ways for me to be able to improve my trade and investment so that I can get a profit of course, not vice versa I get is continuous loss.
I had the same situation you had in the first few days of trading, but then when there were too many losing orders, I decided to stop and think a lot about my trading plan. I suddenly realized I was too hasty and immature to enter and hold orders. I used smaller capital to test my new thoughts and now I am quite successful in controlling psychology and making money on day trading. If you don't feel confident enough now, use small capital to test your thoughts. We need to be more patient about learning.
152  Economy / Trading Discussion / Re: Your Best trading platform is? on: May 20, 2020, 06:07:05 AM
In my opinion, the best exchange is not one of the 10 exchanges that you have proposed. for me it is MXC. MXC is really investing heavily in pumping the newly listed alts. for alts who just got listed on MXC, that alts was instantly pumped and I made a lot of money based on that trick. So for me MXC is the best exchange for the time being.
153  Economy / Economics / Re: Crypto's economic value is surprisingly low :'( on: May 19, 2020, 03:29:45 PM
"Bitcoin accounted for just 0.4% of the world's money.
Bitcoin was worth only about 1.6% as much as the world's gold supply.
All cryptocurrencies combined accounted for less than 0.7% of the world's money . "
(Taken from investopedia.com )

What we can do to push this percentage up ?
* I do think it is really important to educate people about the cryptocurrencies like Bitcoins, most of them still call it a scam ! , We need to answer these questions as a professional to them .
Considering the immense potential it has , even if one person introduce Bitcoins to 10 people , it's economic value will inturn increase , making it more beneficial for the whole community.


I agree that introducing blockchain technology in teaching will help increase the market share of cryptocurrency. but I don't think it will benefit the nation. Although there are many who have become millionaires thanks to crypto and bitcoin trading. But think, with a free, lawless, and continuous market of whales manipulation, you think it would be safe?
You may not know that, many people are getting more and more losses because of trading and only whales are getting richer. Defi was born to manipulate and it should only have a small capitalization. This is what whales want to be able to manipulate everything easily. I do not encourage people to participate in this market, if you have knowledge, invest in the stock market. That's where real unicorns come from and it's always valuable!
154  Bitcoin / Bitcoin Discussion / Re: How big is Bitcoin compared to all world's Money?? on: May 19, 2020, 05:32:47 AM
For me, bitcoin is much better than the real money at the moment. Because of the volatility, it became an advantage of bitcoin to other real currencies. It also became an opportunity for everyone who wants to earn or to have savings in the future as well. This might be the reason why it became big to them although so far it was a virtual currency.
but there are more people who lose money for bitcoin. Do you think buying low and sell high is easy? never!
There have been a lot of people losing money because of bitcoin and even their entire assets. This is the toughest market I've ever known, whales constantly manipulate prices and make every rule no longer valid. We need to learn more about financial trading if we don't want to lose money when investing in Bitcoin.
155  Economy / Economics / Re: Did COVID-19 Bring Any Positive Sign? on: May 19, 2020, 05:12:08 AM
it is a small positive for the world, but the price is too expensive. Thousands of businesses have gone bankrupt and millions of people are unemployed. Many people in the United States are starving because the economy has stopped. This really causes a lot of bad consequences for the life of the people and the country in the future. If this epidemic was not quickly controlled in Q3, things would get much worse next year. maybe we will face an economic recession and people will owe more debt.
156  Economy / Economics / Re: The unfortunate event that is Quarantine. on: May 19, 2020, 05:02:32 AM
I have the same opinion as you. because this virus is a biological weapon and it is attacking economies that have been built long ago by many countries. The important thing is that this virus spreads quite quickly and it caused the whole economy to stop. So to minimize the harm of this virus, we should stay home and strictly follow government directives so the country can return to normal as quickly as possible.
157  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do buybacks increase the value of a cryptocurrency? on: May 18, 2020, 12:33:31 PM
The influence of buyback also depends on the community and the crowd. For fraudulent projects, the team will automatically unlock the token and sell off, causing the price to drop sharply then implementing a buy back strategy. It was not a fair game. You should only rely on coins with high capitalization, the risk will be much lower.
158  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I sold 32 Eth for BTC...now I知 wanting those Eth back. Wait? on: May 18, 2020, 12:22:58 PM
I bought 32 ethereum in anticipation of eth 2.0, but I got tired of seeing the Satoshi value drop. So I sold it for .696 BTC. Now I知 FOMOing, because I知 thinking at some point Eth will take back off.

Should I get my 32Eth back? Wait? Or leave it in BTC and start buying Back my 32 Eth with fiat?

I guess what I知 saying, Eth is at $212 right now...do you think we will see another dip below $200? Just curious thoughts.
At the moment, I think the weekly candle is quite bad and there will be corrections soon. When the coronary disease was out of control and the economy was heavily delayed, it was normal for the market to be affected once more. So hold USDT, wait for the price of ETH to fall between $ 170 and $ 150. that would be a good price range to buy the most ETH and hold it until the arrival of Ethereum 2.0.
159  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth. When!? on: May 18, 2020, 12:12:43 PM
When will you buy eth again?
Now?
When halving begin?
After halving?
Thanks
I am still waiting for its price to drop to buy. I think it will go down by about $ 180 or $ 170 again, it's called a correction after about a month of continuous growth. Halving also takes time to grow and we should be more patient to be able to buy at a good price. Please divide the capital to buy now and do not all in.
160  Alternate cryptocurrencies / Altcoin Discussion / Re: The market does not respect anyone on: May 17, 2020, 05:57:33 AM
While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
The market is actually a chaotic battle between manipulative organizations. This is true because when there is no law present, the people in power want even more and control the game. That's why the price of bitcoin is always very volatile and caused thousands of traders to lose all their capital in turn. So when trading in crypto markets need to be careful and have good capital management methods.
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