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1541  Economy / Economics / Re: If you have agricultural land would you sell it or hold it ? on: June 14, 2020, 01:26:57 PM


You can start farming right now for it might just save you from hunger is the recession will take more than a decade to rebuild the economy back to its former glory. Its agricultural lands that are more needed in times like this because you can produce your own food. Hold it!  Rich people are eyeing to buying more farmlands, you are lucky to have one.



Agricultural property are like gold, its value can increase as time passes by. You can use this asset for you to grow your money, to fulfill your financial needs. You can use it to your business by planting some goods that you can sell to other people. This agricultural land can be a source of your food and money when you take care of it.

That's true that there are people who are looking for an agricultural land that is for sale. As you can get benefit from your agricultural land, never sell it during times like this that you can plant a lot of things for you to sustain your needs. This will become your stepping stone towards huge profit once you sell it in the right time.

But as long as you are stable enough, and have money to spend for your basic needs, never sell.
1542  Bitcoin / Bitcoin Discussion / Re: The Activities of a Bitcoiner on: June 14, 2020, 11:39:43 AM
Today i will be listing out the top activites a strong believer of bitcoin should be involved in;
1. Learning Bitcoin
2. Buying Bitcoin
3. Hodling Bitcoin
......

These are the three most important things to me as a bitcoinner. When I first landed on this industry I learned some basic things in cryptocurrency, this was done when I got a Blockchain certificate of participation, this actually added to my understanding when it come to cryptocurrency. After my learning then, I used to preached the true gospel of Bitcoin through this training I got. After having a good understanding of Bitcoin, I then started buying bitcoin for hold, those I bought in 2016 when I wasn't around on this forum made me my first car.

With just 3 most important thing about bitcoin, we can conclude that those things should be the priority of the people who want to engage in cryptocurrency. I remember when I was starting to invest in bitcoin, I'm scared about the buying and selling because I'm not that knowledgeable enough due to lack of experience.

Learning about bitcoin is easy once you are really interested in doing it because if you are courageous enough to explore it, you can do anything. Bitcoin taught me how to improve my patience towards the market. It taught me how to hold and make money just by reading the market.

You just need to practice those things, buying and selling in the right time really makes you more effective and earn profit. Gaining a lot of experience will make you adapt in any situation especially when you perform trend trading.
1543  Economy / Gambling discussion / Re: Sports Betting TIPS, Progressive Betting-Long Term Technique, for FREE on: June 14, 2020, 10:07:17 AM
I think you should show stats everyday here rather than on a google spreadsheet which can only show past results which in term can’t guarantee anything in your tips.Showing results here day by day can increase your chances to make people here aware that you really are offering a good service.

Sports betting sites are really out of your control, that's why you should always record your gambling results. By doing that, you can now have some idea and basis of your strategies that you need to perform. All of the results in the sports betting games are unpredictable that's why you will study how sports betting works.

There are other platforms or gambling games that you must try, and if you want to become better on that, you must make yourself grow by recording your mistakes. Sports betting game really requires luck and effort for you to reflect on the results, by that you can minimize the risk of you losing your money.
1544  Economy / Trading Discussion / Re: Top bitcoin trading strategies on: June 14, 2020, 09:29:58 AM
The best strategy for the inexperienced trader is to search for the price minimum in the current year and buy Bitcoin as close as possible to this point. Then we just have to wait for an increase in the price of the asset. Holding is the only strategy that is available to anyone who just came to the market. Other trading strategies require theoretical knowledge, practice and are suitable only for experienced traders.

For me, holding and trend trading strategy is the most useful if you're using bitcoin as your assets.

Hodling is essential for you to prevent having transactions in trading in a bad timing, once the market is not that well and having a downward movement in the price of bitcoin, just hold it. This strategy will make you enhance your patience towards trading. This is the perfect time for you to speculate and make strategies depending on the market situation.

In trend trading, this is the time where you can now perform a trade after a long wait. This is where the price of the asset that you're waiting increases, and this is the right time for you to perform a trading transactions. Always practice your trading skill and gain experience for you to become better at it.
1545  Economy / Economics / Re: What brings economy of a country down. on: June 14, 2020, 08:52:07 AM
The economy of a country also depends on the mentality of its people as well. For example, in my own country, lots people like to store the money as hard cash (not even in bank ) rather than spending it. So, a huge amount of money becomes stored which could be used for productive purposes. Thus despite of diversity, natural resources our country can not flourish economically.

Yeah, the community really affect the economy of a country, once people are really knowledgeable and know how to budget their money, the government will really not have a hard time allocating the budget for other sectors that needs to be prioritized. Most of the people are storing their money in a safest place and they will only use it if it is really necessary. Also, if those businesses are not operating due to the risk of this pandemic, the taxation will become hindered and people will not also earn money and the economy of a country will really have a downward movement.
1546  Bitcoin / Bitcoin Discussion / Re: India may again ban cryptocurrency on: June 14, 2020, 08:20:00 AM
I noticed South Asian country authorities are more into banning crypto. Possibly they think it's hard for them to regulate crypto but the reality is - true crypto enthusiast will find their own way and it can't be stopped for real. The wise move will be to study and adopted with crypto culture.

South Asian countries are really having a trust issues about using a cryptocurrency. I think it is because they don't see any progress about in their economy as they try it, but nothing is instant at first. If they understand and continue the manipulation of cryptocurrency in their country, then there's the time that they will benefit this asset. In India, they are really having a hard time manipulating bitcoin especially that they can't manage it properly because of this pandemic. They can't prioritize this crypto because there are a lot of expenses that their government should focus on. They have the 2nd largest population and yet they can't afford to use bitcoin properly. If there's a will, there's a way!
1547  Economy / Trading Discussion / Re: Can i start forex with no risk of money? on: June 13, 2020, 01:37:26 PM
You can't get anything without risking anything friend. believe me, many people have tried it, no matter how good you do the analysis, and predictions in a trade, there will always be risks that could occur. besides, because of the volatility of prices, this cannot be predicted. if you are ready to trade, you are ready with all the risks. don't do it if you are not ready.

I knew a lot of people who are using forex as a platform for them to perform a trade because they found it comfortable for them. But in trading, there is no such thing as a transaction where there is no risk. Risks are always present in all of the transactions that you plan to do.

That's why you need to practice risk management no matter what platform you use, the only difference is that if you are effective or comfortable in a platform that you use. If you are good at Forex then you must study more about how to manage the risks that you can get.

Always be prepared for your incoming trading transactions so that you don't lose a huge amount of money, always read and study the market before engaging in to any actions that will make you regret anything after all. Be knowledgeable about the results of trading so that you can learn and handle risk every time you do trading.
1548  Economy / Economics / Re: What can you buy with 0.01 cents (1 penny) ? on: June 13, 2020, 12:34:28 PM
0.01€ used to be the price of a plastic shopping bag in some cheap stores. However, plastic bags are now banned in my country so you can't buy even that. The price of an eco-friendly shopping bag is now 0.05€  Tongue

I don't really think you can buy anything with that few mony. Some people even want to stop minting 0.01€ coins for this very reason.

Every cents are important, it depends on the country if the value of that 0.01 cents are really high enough to but a certain thing. You can't buy things that you want with that amount of money, so every time you get a 0.01 cents, save it so that you can pursue the things that you want to buy. Do not underestimate the power of a 0.01 cents, because it can be huge enough every time you save it in your wallet. There are a lot of things that are necessary and much more important once you save that amount of money, you just need to be patient because a 0.01 cents have still a value even if it is small enough to buy a product. Money can grow once you save it.
1549  Bitcoin / Bitcoin Discussion / Re: How to Spend Bitcoin? on: June 13, 2020, 09:30:20 AM
Hi Y’all,

I don't know how about you guys but I'm really bored being quarantined in my flat. So I did the “Best” thing possible. I started to shop online. I had some bitcoins left so I decided to spend them as well.

And it turned out that was an adventure in itself.  Roll Eyes

So I compiled my favorite options of spending bitcoins in an article, which I managed to publish on Paybis.

In case you are interested, you can check it out here: https://paybis.com/blog/how-to-spend-bitcoin/

I’d like to turn this post the best one on the topic, so I’d appreciate some
recommendations as to what other spending methods I should add.

Thanks and see you around after this quarantine ends!


This pandemic make the situation more worst and all the holding Fiat was reduced and people are forced to convert the bitcoin, the digital saving. So it's easy to spend holding bitcoin and only it's difficult to hold the bitcoin without selling. Everyone had their own style of selling bitcoin. Some will hold till the last breath and some sell and Enjoy his life.

If you still have spare amount of money to use for your necessities during lockdown, never spend your bitcoin. No matter what happens, as you can still have budget for this quarantine even though people aren't allowed to go to work, never use your bitcoin.

There are a lot of things that you need to consider before you use your bitcoins, because there's a possibility that you can lose a certain opportunity whenever the price of bitcoin goes up. Only spend it if it is really necessary that you experience struggle.
1550  Economy / Trading Discussion / Re: How do you make a trade or investment decision? on: June 12, 2020, 02:44:16 PM
Before making the proper decision, we'd like to research the market well there's no rush to trade. the danger is going to be higher if you trade without knowing that the location we'll trade is going to be well verified. I feel the simplest investment decision may be a future investment Long-term investments are less risky Most businesses don't plan before investing and invest in sites like Binance coinbase.

As soon as possible, I always check the factors that can affect the price of the coin that I want to trade. Being prepared every time you trade is really essential and will help you prevent huge losses in your assets. Knowing those indicators will make you more knowledgeable about the progress in the market prices that will really help you have a perfect timing to do transactions.

In investments, it is really a long-term source of profit if you really manipulate it properly. Risk in investments are much smaller compared to trading, that's why in trading, they should learn risk management. Investment decisions are really worth it once you make it grow with your own hard work and effort, that will make you also grow in life or as a person.
1551  Economy / Trading Discussion / Re: What to do when someone says "Do your own research!" on: June 11, 2020, 12:56:48 PM
One thing makes it an accurate one is the source of information and data. Even you have already the resources to invest with, what matter most is the accuracy of the project and your target investment.

Many lacks the efficiency to make fruitful gains on investment due to this. Remember that in every investment there are potential risks that we face and one of this is the chance of the product to improve and develop well. Best example of this is bitcoin whereas many have doubt with it before but not seeing its potential and ability to help in every environment and business. Anyway good article witty and very well written.

Being precise and confident about your research can make you more courageous about your investment. Your resources will really serve as your basis and support once you are not sure about your decisions. Risks are always there once you start your investment and there's no holding back. Once you've started it and you gained a lot of resources that will guide you towards your investment, that can strengthen your actions whenever you do some transactions. Businesses should always be your priority and you need to have more knowledge because learning is unlimited and complex so there's more you need to know to grow and enhance your investments through research and experiences.
1552  Economy / Economics / Re: Bitcoin can never become a currency. Part 1: scarce supply. on: June 11, 2020, 12:19:15 PM
Yes that is for sure. A supply of only 21 million coins will never be able to become a common currency. Many people still believe that bitcoin will be something huge in the future but they do not know that bitcoin is not fully qualified to be a common currency. It is merely a type of high-value non-physical asset and is being used for whales to take full control of this market.

So technically speaking, fiat currency is still the most reliable currency that we can use for now. Maybe that bitcoin as a currency concept will only applicable in the future when our technology is really far advanced from today. Maybe we should wait for that time but that's 10 to 20 years from now.

We need to improve more the security of our accounts before engaging to that digital currency as a default currency in transactions. It is not that easy to have a secured accounts, the authorities should become more strict about tracing those hackers that can steal our money once bitcoin become a common currency.
1553  Bitcoin / Bitcoin Discussion / Re: New Covid wave vs Bitcoin on: June 11, 2020, 11:44:57 AM
So it would seem there is another Coronavirus wave on the way, at least in some countries.

Last time the pandemic struck, we saw Bitcoin price plunging hard.

Will the same thing happen again, can we expect the new lows?
What are your thoughts?

This really seems like conjecture at this point.  I've not seen any sound scientific proof this is going to happen.  If it does happen, imo, believe we would see bitcoin fall some.  I think it would be part of a chain reaction as would surely see the stock markets crash and then as it seems to be the tide that brings all boats down, we see other things pull back such as bitcoin.

This second wave of corona virus will really increase the damage that it can give to us, that's why we need to become more prepared so that we can lessen the struggle within ourselves. I expect that the same thing will happen again because we are not still in the progressive state, we are still suffering.

We are not yet in the process of recovery as the infected and positive cases are still increasing, it is not that easy to handle our money because of the expenses that we need to pay and those necessary things that we need to survive this pandemic.

Expect new lows that are more intense than the first one, as we're not economically recovered yet, it can worsen the price of bitcoin in the market.
1554  Economy / Gambling discussion / Re: UK rules will hit loot boxes games hard - as they’re turning kids into gamblers. on: June 10, 2020, 10:22:16 AM
I think the games were not wrong because their purposes are not trying to turn UK kids to become a gambler in the future. It was the parent's jobs always to watch and take care of their kids, so they don't turn become a gambler.

We cannot blame the similar and the other gambling games because we know that gambling is not for kids and if somehow, the kids become a gambler, that will be a responsibility from people who lived with that kids. Kids need to be controlled and watched, so they don't choose the wrong way in the future, and that will be a job for their parents and the other member of the family.

The discipline should start at home, the parents should guide their kids to much more important things like studies and how to become a wise person. It is not bad to teach their kids how to gamble as long as they will inform them what are the advantages and disadvantages of it in human lives. People are forgetting the essence of gambling that's why there are people who are getting addicted to it. I know that a kid's future depends on his surroundings but they have their own choice and free will.

If he want to spend his money or allowance in to a game where he can enjoy it for the rest of his life, that's a memory for him. We should always guide them on the things that they should learn and let them become well-informed about the good and bad things in the world.
1555  Economy / Trading Discussion / Re: Make Money While You Sleep? Welcome To The World Of Crypto Trading Ai Bots on: June 10, 2020, 08:08:03 AM
Quality bots must be created for more than $ 1 million, which is the real bot.

There is no such thing as that. All bots work on some algorithm so even if you buy a $1 million bot but the algorithm sucks, you'll still lose money. Not to mention you also need to find an exchange that supports various trades options. Bots are just tools and you need to manually change the algorithm if it no longer works.

All this 'make money while you sleep' ads are really oversimplifying how you use a bot.

Bots can also experience risks, if you will spend a $1 million then it is useless because it is somehow improve your trading but not the losses. Trading can bring you losses and profit at the same time, the uses of trading bot is for the time that you are so busy that you can't perform manual trading.

For me, manual trading is still the best and most profitable than using trading bot. No matter how expensive your trading bot is, we're manipulating our assets in the same market so that's not a big deal. If I were you, i will choose a reliable trading bot and I will make my own strategies.

You are the one who are accountable with your decisions in your trading so your strategy and action matters.
1556  Economy / Economics / Re: Does Currency Value Falls During Recession? on: June 10, 2020, 07:24:22 AM
The truth is that the value of fiat currency depreciates, not relative to other fiat currencies but on its own. That is true regardless of whether there is recession or not.

If there is no recession, the normal design of fiat will continue to work as usual, which means that its value will depreciate over time.

If there is recession, interest rates would likely fall, currency would become less attractive, and therefore its value will fall. Not to mention that the central bank would be printing more and more money out of nothing, thereby accelerating the erosion of its value.   

For me, I think even if there is a recession or not, fiat will still do its thing. Fiat are not that really affected when there's no transactions or activities that are happening in the market to circulate the money. Cryptocurrencies are the most affected because most of the coins are volatile in the market and there are factors that can affect its price. If you are knowledgeable about the effects of recession in the economy and market, you will see that without movement, nothing will happen in terms of fiat because the government are already manipulating it with their full potential. Some countries are not that prioritizing the use of cryptocurrency in their country.
1557  Bitcoin / Bitcoin Discussion / Re: CoCa Cola now Accept bitcoin on Australia and New Zealand. on: June 10, 2020, 06:13:29 AM
Do you think this is a good start as adoption for bitcoin? Im thinking if many bitcoin holders will used it for this simple product.
Something like this is always beneficial and good for bitcoin. We rarely see this kind of innovation and adoption somewhere in the world. This is a very good initiative for Coca Cola and those partners that they have in ANZ.

This should be advertised so that people will know that bitcoin can be used in a transactions like this. Coca cola is a big company and if people find out that they are accepting bitcoin, this will become the best way for us to help its promotion in every country that have a Coca cola company. I know it is not that easy but things will put into its place once there is a good start like this.

Wondering if the  transaction fee also is worth it on a one tin can Coca Cola drink.
There will be a fee and expect it but a cents of fee? I don't think that will hurt bitcoin users paying a drink of coke.

Fees are for taxes that they are paying to the authority and it is really not that expensive because if the fees are higher just to drink a coke, people will not waste their money into that. So Coca cola company will become more popular and effective in their business because of the right decision that they made toward bitcoin.
1558  Economy / Trading Discussion / Re: Million dollar advice for trader's 🙂 on: June 09, 2020, 09:59:05 AM
These tips relate to psychology rather than to teach you how to invest/trade correctly, just as the points that I have mentioned are general, for example:
The family may have a negative role because it achieves psychological pressures, and thus fear of failure, which means not taking risks or playing on the safe side.

Quote
If you try to avoid lose, then the profit will come automatically
This is the worst advice. Whoever fears losing will not make any profits.

The most essential thing in trading is your mental health, you should never let your mind become the most affected to the results of your trading. You should learn how to keep yourself from those negative effects that you might get in trading once you experience losses.

Learn how to discipline yourself, learn how to make yourself become more mentally healthy. You need to maintain and improve your peace of mind because in that way, you will become more concentrated about your tradings. Being mindful about everything in trading will help you achieve your goals.

Mental health is really the core of your trading, you should not let yourself become really affected by the losses and results, you should become always optimistic of your trading and lessen the risk of your trading. Risk management will do.
1559  Economy / Economics / Re: Even More Evidence of Coronavirus as Financial Reset on: June 09, 2020, 07:22:46 AM
So what will Trump going to do with his 29 million HCQ tablets that he ordered from India? lol

This retraction is a massive news, obviously there is a political and business agenda behind this one. There has been no reliable data for HCQ to cure corona virus yet we already seen the demand for it like what the hell?
And Lancet as world's credible medical journal is going to be in a deep freak after this, they might face a sanction for this, and the authors for the HCQ findings will surely be arrested for unethical data gathering.

It is not that instant to make a cure, vaccine or medicine for the Covid-19 because it should take a lot of time and budget to prove its effectiveness to human. Trump really did a bad decision for that, he really want to make things at instant, he did not plan this for sure. He should allocated those budgets or funds to the medical sector for medicines and facilities. The number of active cases in their country is extremely high and it is the highest so he should be accountable for that. Money really talks, The HCQ is really not that proven effective for a long term medicine for this virus, he should contributed to the making and discovering of the vaccine to the laboratories, instead of that wrong decision.
1560  Bitcoin / Bitcoin Discussion / Re: Crypto's utility as a payment tool on: June 09, 2020, 06:24:34 AM
Unfortunately,Bitcoin will remain as a store of value and an speculative investment asset,rather than becoming a widely accepted "payment tool". Trying to change the Bitcoin blockchain in order to lower the transaction fees will only damage the network.You know the old saying "if something works,don't touch it".
Off chain solutions like the Lightning Network might provide a solution for this issue,but I don't think that many people will trust such off chain payment method.

Bitcoin can be both, as a store of value and as a payment tool for some transactions. It depends on you on how you will use it where you can benefit it with yourself. Just be careful about your wallet, bitcoin as a utility is really essential because that's one of the reason why this cryptocurrency exists.

It depends on the people and it is his choice if he really want to use it as a payment method, he should make sure about his wallet's security and safety before doing transactions because it is easy nowadays for a scammer to look for you if they know that you use cryptocurrency in your transactions.
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