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1481  Economy / Trading Discussion / Re: Trading involvement on: December 01, 2021, 10:12:23 PM
Trading is an art and passion, In the event that 4 year old kid can be master in a video game in case he or she guided appropriately can too know how to trade,Trading could be a source of getting benefit and when somebody are familiarize with it, they never need to take off at as before long as they are getting benefit and giving time to exchanging. Since it can make a individual able to gain a part. I accept begin it with little and spare your capital at that point make it greater day by day.
A really hard thing for you to get involved with trading if you dont really have that passion or interest on what you are doing.Whenever you do step your foot into trading

then you should really do all sorts of things which you might needed for this career,This isnt something simple as it sounds or other peoples been saying

because once the reality slapped you into the face then you would able to realize that things wont really be an easy one.
That is why trading is very risky and it takes good traders with special strategies and skills so they will gain profits in trading. Well, if they don't have even the passion for it, then don't bother entering trading.

However, back to you OP, your child must have good understanding on trading in such an early age because she can spot already the prices if its tradeable or not. Although its easy for us adults, but for a 4 year old kid, she must have her passion on it as early as her age and if she will be properly guided, she might be one of the best traders in her generation.
1482  Bitcoin / Bitcoin Discussion / Re: Governments planning a Crypto Crackdown? on: December 01, 2021, 09:34:36 PM
If it is true that there are government who can crack down on cryptocurrencies, it may have been done a long time ago. If any country planned
that now, it's obvious the country's government is just bluffing or they don't really understand cryptocurrencies. Because after all no one can
interfere with the crypto process on the blockchain. There have been various ways crypto haters have done to make crypto die, but until now
crypto is still growing and cannot be stopped. Instead of being an enemy of crypto, why not try to accept crypto, so government can get
the benefits of crypto. I also hope many countries are not too harsh on crypto, because crypto is not bad, It must even be admitted that since
the existence of crypto, many people have helped the economy after using crypto to make money.
People who engage in crypto wish that the government is not too harsh or even banning the crypto because that will not give a chance for their people to use the benefit from the crypto itself. I just think that if the government can work together with crypto by regulating the use of crypto for their people, they will not have a difficulty and will get a chance to have additional resources that can help their finances. Maybe they can gather the data of people who use crypto and see how crypto can help them make money.

I believe the government actually knows crypto can bring a lot of benefits, but they are too embarrassed to admit it. That's why we find most
countries are neutral towards crypto, which limits the use of crypto to only digital assets. While those that actually ban crypto are not many
countries that do it, therefore I am very grateful that my country does not prohibit the use of crypto. And I also believe that slowly countries
that ban crypto will change their minds, because there are already several countries that initially banned it, but now it has started to open up
to crypto. But it would be better if more countries could do what El Salvador is already doing, that's the hope of the crypto community around the world.
If only majority of the country's leaders are like Bukele's positive mindset about crypto, then we will no longer face these attacks from the government. Because i believe the government should always provide our rights and protect us to whatever circumstances and not to deprive us from our own rights and choices in life. And we should not fear about this crypto crackdown because even how intense they are in their decisions, but as long as crypto or bitcoin remains to be decentralized, then they can't easily control it and do whatever they want to do.
1483  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How are your shitcoins? on: December 01, 2021, 08:25:50 AM
Not good, i spend around 100-200$ on shitcoin and right now my portofolio from my shitcoin not more than $50. I think the hype of shitcoin are over, most of the people are put their money into top coins and metaverse coins.
Many people have said this where if you choose Shitcoin like memecoin you must always be ready with the risk, namely losses because any hype will never last long in cryptocurrency because there is a lot of competition between tokens and coins now.
Shitcoins will never be valuable like bitcoin or ethereum, they might end up as dead coins in the long run. And with the current market condition, shitcoins are now becoming irrelevant even if we say they have high value, but when a serious dump hits the market, most of them will definitely not recover. So i must say that shitcoins these days are having a very hard time to bounce back again, because even bitcoin is facing tough times too. And when we say bitcoin is dumping, it will be a lot worst for shitcoins.
1484  Economy / Speculation / Re: TA shows potential bullish breakout - if history repeats on: December 01, 2021, 05:49:31 AM
The stock to flow model suggests that by the end of this year we should be around $100,000 in value. And I think with the technical analysis that you have there it's possible to reach that amount. I think It matters what the following months that we are going to have this year which is now December would push us to the next rally. Maybe a lot of people would get into it.

Do you think we can grow to x2 in 4 weeks to make the price at least $100k before the end of the year? IF this happen this obviously we are in a bubble already and it doesn't look good in my opinion.

As for the TA, still a hit or miss, the thing is that we are in a dip so it's really profitable to buy at this point regardless if you are a TA guy or just an ordinary but smart investor.
What you have OP is definitely a hope for all of us and yes, it really has chances to happen because history might be repeating itself again and again. But with the market's high volatility, its very hard to predict  what will happen in the next days or months. Maybe we should focus more on the current condition of the market and take advantage of buying some potential coins that are still having low prices. But let's just keep hoping and stay optimistic that we will see a bullish market right before bear season starts, it could be this year or early next year.
1485  Alternate cryptocurrencies / Altcoin Discussion / Re: 2017 Vs 2021 on: December 01, 2021, 02:04:35 AM
I don't follow the 2017 moment when I look at the market conditions then and this year. This looks like a different trend. so far this year the market looks stronger. different from the spike that occurred in 2017.
I hope there is no strong spike that will eventually create a negative trend. I think it would be safer if bitcoin growth later this year could be more stable and that could be an opportunity for altcoins to grow strong.
Maybe there is really difference when it comes to market conditions but at the end of this year, i think we all have the same prediction that bitcoin will probably hit its new ATH this december just like what had happened way back 2017. Although the market is more stable this year compared last 2017 due to big institutions that are now supporting bitcoin, but it cannot be deny that the prices of crypto will still depend much on the market condition and sentiments. Hopefully, things will be good for bitcoin and for those main alts before this year ends so we can gain bigger profits in preparation for the bear season that will mostly likely to happen once bull run is over.
1486  Bitcoin / Bitcoin Discussion / Re: School Students learning bitcoin basics in Slovakia.. on: November 30, 2021, 10:00:13 PM
Everyone knew it, education is the key to any form of transformation. When these kids learn about it, surely they'll try to use it for some needs. Things have been completely getting shifted digitally, by now such a learning will help for a big change. The initiative is really appreciable, and this needs to teach them well about the bitcoin usage on good and not for the bad. Only then it gets used for a healthy reason than on illegal things.

These days we've got more courses associated with blockchain in colleges and universities, but a direct learning about bitcoin in the school is really interesting and a must needed one.
I agree that bitcoin should first be taught in schools but teaching it in grade school level it should be something in an interesting and most enticing way so that students may not feel bored learning about it. We all know that bitcoin is quite broad and complicated thing that's why its taught in higher levels like colleges and universities. But Slovakia has made this taught at a very young age, this is quite cool but very challenging on part of the teacher on how she will inculcate it on the young minds.
1487  Economy / Economics / Re: Fiat banks and the government. on: November 30, 2021, 06:13:11 AM
A recent situation in my country where the banks have been instructed to block accounts related/associated with crypto trading has prompted me to start thinking if these banks are actually happy carrying out government policies against their customers, because some of them seem not too happy about it but look to have little or no choice on the matter.

Can the banks challenge the policies from the government? Are the banks working for the people or the government? is there any possibility that banks can operate freely entirely from government policies?

(Read news article here)


Each government has different jurisdiction and government protect against fraud which is the bank was under by the government and banks are regulated by the government, they should always obey the government's law and regulation either. There's no way to challenge the government, it is understood that you should obey once you are a citizen but if not, you can move into other countries that never care about people, which is very common to have crimes every day because there is no government that has protected people.
No way to challenge the government, they're supposed to comply with the regulatory laws by the government. Whether it is bitcoin or some other cryptocurrencies, people should have the freedom to use it.

Even if it is a foreign bank having its service in other country, it agrees to the law and all procedures followed within the country. With time governments will realise and create framework that make bitcoin get used through banks which is found in very small number around the world.
There’s nowhere to go for bitcoin but to be adopted soon in the banks as more people are now aware of bitcoin existence and how it will contribute much on individual’s economy. Banks will definitely agree on integrating  fiat transaction with crypto in the long run because that’s what most of the people are looking forward to be realized.

However, banks are always associated with government’s laws and policies so even if they go against with the government, they will still not succeed as they are fully controlled by it. So it’s either they will be forced to close their establishment or continue their banking operation.
1488  Economy / Trading Discussion / Re: Diversifying Your Portfolio in Crypto on: November 30, 2021, 02:10:58 AM
The up or down of BTC directly depends upon purchasing and selling of BTC and on the market trends towards it.
As for diversifying this rule cannot be applied to cryptocurrency due to the lack of trust of people in other digital currencies but it all depends to you which digital currency you can trust upon. Yes, I do agree that diversifying may reduce the risk but it will also affect your potential return.

It might affect the potential return at times, but it helps to secure the portfolio without much difference unlike any market condition. If there is no diversified portfolio, automatically this could directly make a big change in the portfolio value depending on the bullish and bearish trend of the market. Most of the crypto holders will have bitcoin constituting majority of the portfolio holdings. Now this has changed with the increased price and people are towards altcoins.
I guess we all have our own choices for crypto coins when it comes to diversifying our portfolio. But our preference changes from time to time as it depends on the market sentiment. As for me, i am considering bitcoin as my utmost investment while the rest of it includes ethereum and other promising altcoins. But i know its not always bitcoin that will make me profit the most, in some instances there are also strong altcoins that can give us more profits compared to bitcoin. But as long as i have them in my portfolio regardless of the funds i intended on each of the coins, then i know i don't have to worry even if the market dumps seriously as they are good for long term investment.
1489  Economy / Speculation / Re: Bitcoin is recovering on: November 29, 2021, 06:17:52 PM
Looking at the current situation, it is clear that Bitcoin is in a slow recovery mode. If we look at its price movement then it is clear that 53k to 57k refers to gradual improvement. So we can say that bitcoin is in recovery mode.
Investors or traders may still hesitate to buy a lot of bitcoins because they are affected by some FUD. India is planning to ban crypto and this is news that could affect a lot right now in the market. But I'm not really sure if India's wish will come true, but it's definitely not the right time as the market cap is expected to increase during December 2021.

The slow recovery process proves that traders are just being cautious about entering the market. But if the $60K resistance is broken again then I think a bull run is imminent.
I agree that bitcoin is already starting to recover slowly as well as for those potential altcoins. Well, if the current price for bitcoin will continue to break the $60k resistance level, i think this will be leading into a higher value which will be possible for the achievement of a new ATH just before this year ends. But all this prediction will still be uncertain unless we start crossing the bridge. Investors and traders are still hesitant what movement to do since the market still looks bearish, but definitely buying bitcoin at this moment is still good enough as long as its still below $60k.
1490  Bitcoin / Bitcoin Discussion / Re: #buythedip is trending all around on: November 29, 2021, 08:54:13 AM
You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

That's why this news doesn't affect me because I have a clear strategy. I buy regularly, always the same approximate amount, although sometimes I may contribute a little more or a little less. But it's about the same, and I don't care about the news, the FUD, the FOMO. I buy, buy and buy. Small amounts but over time, added to the return, they become a good capital.

I've been doing this for years now with the S&P 500 and more recently also with Bitcoin.


If you know exactly how will you grow your investment, then you should have known it before investing, and not just following what's the trend or ride with the FUD. I myself is taking advantage every time dips is happening and i know it will always be a good time to buy. But with bitcoin, even if the price isn't really in dip price, its still good to buy any amount because it will surely grow its value in time. For altcoins, its better to buy them when in  dips because altcoins most of the time are only good for short term, except for those established altcoins they will also grow next to bitcoin.
1491  Economy / Lending / Re: DarkStar's Loans | BTC | 2.70%-4.71% Monthly on: November 27, 2021, 01:48:05 PM
Here's the tx for the payment. 30916eb237f82695123580976af8ab4894f185b9b4e2d8b68332be642f1540a3

Thank you DS Smiley

Received, thank you  Smiley

partial payment DS. fc526e0bae9ded9227c93ccba76b1b5c688e6e9a83b7d475e09d1ee6f50cf681

partial payment DS. f4650bb6f8719545dcfe77f9fba9158a7880861de24afa53c64f648d8f5c7e67

partial payment . cc6ad5a0a3ae5887313a73588644a87d489e791b6c0e1bcb632a8d2043017d0e

Repaid all balance of Loan . 4a9a55029d71dfea8ba8814b46c4d5a76ac69df9ab989ab42f124cfdf28af43d
Thank you DarkStar_
1492  Economy / Gambling discussion / Re: 2022 NBA Season on: November 26, 2021, 08:57:24 PM
Looks like the Ben Simmons saga might not last too much longer.  He's reportedly spent all of his money and it is even rumored that he may need to start selling assets in order to pay his taxes this year...  Making the situation worse, the Sacramento Kings have stated that they will not trade Fox in any deal for Simmons.  That pretty much means they either have to take a subpar package of draft picks and bench players from the Kings, or they'll have to make some sort of a deal with the Warriors for Wiseman and whatever they can scrape together.

https://www.msn.com/en-us/sports/nba/nba-rumors-sixers-ben-simmons-who-s-made-over-50-million-is-now-broke/ar-AARakYF?ocid=msedgntp

Maybe he did not realize it will happen, he is living an expensive life so he cannot sustain his lifestyle without money flowing in. So what is his decision now, will he finally play with the 76ers and just wait until the trade will finally happen? I mean, that's the only option left for him to survive and avoid selling his property to pay his tax obligation.

He should erase this in his mind and be professional and humble.

76ers' Ben Simmons no longer wants to play alongside Joel Embiid due to big man's playing style, per report
1493  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: November 26, 2021, 08:31:16 PM
@Russlenat - that article might be outdated already, Casimero is no longer with MP promotions.
Therefore MP promotion was not telling the truth because they didn't make the fight possible, under the new promoter of Casimero, the approach could be different and they always have the say on whom they will face Inoue first, and it could be Donaire, maybe.

Also, if we noticed, Casimero does not trash talk anymore, so probably it's because of the new promoter.
1494  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: November 26, 2021, 01:20:57 PM
..if Butler goes this route, for sure this match might ended early with stoppage or knock out.
That's what we want to see because it will make him prepared for his next fight.

Butler is an aggressive fighter, but probably smarter than Micah, so we can't easily say that Casimero will win by KO but hopefully, he will.
It's necessary that Casimero will win this in a convincing passion to ensure a big fight next, and no other fight that will satisfy him, and that is to fight Inoue which is the most popular in their division.
1495  Economy / Gambling discussion / Re: 2022 NBA Season on: November 26, 2021, 12:46:21 PM
Many of us are impressed with the Bulls' performance this season. Regarding DeRozan and LaVine, both have great stats. However, I agree with Yogee that they won't have a chance to compete with Curry and Durant for the MVP title of the regular season. Curry looks unstoppable, and I think he will be MVP this season imho.

I think it's early to conclude this discussion, especially we are not yet passing the NBA All-star week 2022. anything can happen next year but if Klay Thompson will further boost Curry's performance then you can say try again next time to the other candidate because they won't have a chance at all. Stephen Curry has once again become the all-time favorite this year as you can see there are lots of fans on the court when they play just to see him shoot those stunning threes.

Judging on how Curry has been performing early this season, everyone can say that he's the top MVP candidate obviously.
He's unarguably the best shooter of all time, that alone can be enough to tell he's an MVP caliber player.
Though there were a bunch of good players in the NBA today especially the young guns, but as you said Curry has been great once again.
He had an early momentum most probably he will finish the way he started the season.

What Curry made more successful this season is because he is healthy, not only that, he also gets the support from his teammates, they are stepping up and they make the Warriors once again a tough team to beat, it's like the old Warriors who easily dominate their opponent, and take not, this team is still without Thompson, so expect a better team with Thompson but Curry would still lead the team as usual.
1496  Economy / Gambling discussion / Re: [Boxing]: Ancajas vs Ioka Dec 31 on: November 26, 2021, 06:08:09 AM
I'm not sure who would win here but I think I will go for Ancajas to win.

A Filipino fighter always has the blood of a real warrior, so whoever is promoting Ancajas, I still think he will get this win and I consider this a big fight for him since the record Ioka is good, in fact, I only see a little advantage of Ancajas here so he needs to train hard and be careful when in the ring.
1497  Economy / Speculation / Re: How do you manage Bitcoin price now on: November 25, 2021, 10:10:05 PM
I think the price will be like that for temporary as I do not see the price still up and down many times and confuse some traders to determine where the bitcoin price will go. This situation is good enough to buy low and sell high and we do not have to wait for a long time to sell bitcoin and make a profit. It is better to make a small profit and have a chance to repeat the process because that means our profit will be bigger too. We are in the last quarter of 2021 so hopefully, the bitcoin price can surprise us at the end of this year.
Traders must be very happy or very upset right now. They are either buying low and selling high and making quick profits during this period, or they could be also buying and then it could be going down even more which means they either have to hold it more than they would like to or they could be simply just doing a stop loss to get out quickly with a loss. This is not a period for long term investors, for us it is always the same and there is nothing wrong with anything, but at the same time we would like to consider this as a period we ignore since we can't do much and just wait for it to get better and buy as much as we can since we only care about long term.
That's the best and safest thing to do right now, buy the coins with their low price and still go for long term holding. This is a time wherein most of the investors and traders should take a short break while patiently waiting for the market to be normal again. Because if we force to make ourselves still profitable this time, i'm afraid this will only result into unexpected losses than our aimed profits. But i know for bitcoin, even if we make an entry at this point, we will not be making big losses because bitcoin will always find ways to move upward even if most of the altcoins will continue dumping. That's what makes bitcoin more unique from others.
1498  Economy / Trading Discussion / Re: Trading and it uncertainties on: November 25, 2021, 09:32:16 PM
This is a crypto business. There may always be an uncertain condition under which you have to continue your trading. There may be fewer businesses except for this one Where there are so many whales, so many ups and downs, so much chance to grow business, also many risks of losses. This is a business of courageous,brave, and Straight men.
The person who knows to play with risks. But at the same time , This is a favorite business of all ages. People love to do this business. There is something in this business that has made it attractive for all.
Trading is definitely full of risks as it has a lot uncertainties from the beginning until the last part of your trading. But this should not be a barrier not to make profits in trading because as long as you know how to manage the risk, your trading will always be successful. There may be times for losses, but trading does not fail us to make profits once we are at good in it. That's how trading works despite of its uncertainties and due to it's market volatility. And despite of the fact that trading is like a roller coaster, it even makes more people to stay than to find another which will make them profitable.
1499  Alternate cryptocurrencies / Altcoin Discussion / Re: My plans for the next bear market on: November 25, 2021, 08:44:50 AM
I accept the fact that there would always be a bear after a bull run, but we don't know when the bear will commence. It would be out of place to think that the bear would start by next year because we had a bull run this year. We need to be mindful of the fact that the cryptocurrency industry is not always going in line with precedence. The bull run we had this year is the longest we've had so far, it's possible it continues till next year and beyond. Don't make the mistake of using the previous bull run of 2017 to make a decision in 2021. So many things have changed in the industry from then till now.
The fact that we have to prepare the incoming bear market as to when will it hit the market, so we have to take advantage now whatever opportunities that the market can offer so we can gain maximum profits whenever bullish season comes. And these profits will be a good preparation to buy  cheap but potential coins when bearish season starts.

However, although my plans are focused on buying and filling my bags with potential coins, i also have to secure my own funds for my personal needs because for sure when bear season is here, there would be less opportunities to create profits.
1500  Bitcoin / Bitcoin Discussion / Re: How reasonable is it to invest in Bitcoin in the current situation? on: November 25, 2021, 05:28:57 AM
At the end of the year, we do not see much progress in the market.  How reasonable do you think investing in Bitcoin now in this situation?

there is a progress and that progress is huge  . that is the reason why one should invest in bitcoin because every new year bitcoin shows an impressive growth  .

The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days.
it might be correcting now because it is been increasing consistenly last time so that is not a big deal and besides you can use this as an advantage to invest more because the year is ending again and after this , we are going to see a new heights again .
The on going correction does not bring all negativity because it can be a good opportunity to start investing at a lower price and bitcoin is definitely a great example of it. So if you believe that bitcoin has high potentials to be more valuable in the future, then now is the right time to take the risk even if we say that it’s price is not really at its bearish. And in fact, this correction will create more support level for bitcoin and all those major altcoins to end up with their new ATH at a higher value.
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