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1581  Economy / Trading Discussion / Re: Trading With Borrowed Funds!!! on: January 01, 2023, 07:45:52 AM
It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?
They say to succeed in life you need to be prepared to take the risk, and the riskier the task is, the higher the reward! So basically borrowed or not borrowed trading is risky business which requires a trader to have the skill and experience. If skill/experience isn't there, then simply just don't trade.. Let's keep practicing to perfect the art.
Trading on its own is risky but it is more risky to borrow money to trade. The reason it is not advisable to borrow money trade is for the sake of the beginners and traders who are not better in trading because it is possible to lose all what they have for trading . It is normal to feel emotional when money is been lose in trading and it will be more painful if the money is a borrowed one, so it is better to use personal money and amount that one can afford to lose to trade.
Every trading platform has the image of trading with borrowed money. However, if you want to borrow money and trade in the crypto market, you must be extremely careful. It is more volatile platform where investment has fear of loss at the same time you can profit multiple of investment. Crypto selection is also an important factor when it comes to investing in crypto. There are many cryptocurrencies where an investment may not return that can go to the dogs.

In addition, when an investor borrows money, if he has to pay interest against that money, how much it can be is also important. I think it is better not to trade for those who want to rely on borrowing money to invest in crypto. Because one thing is to keep in mind in crypto that you can only invest money that you can afford to lose. So should try to trade crypto with own money.
1582  Economy / Speculation / Re: Bitcoin survived the Christmas market pressure on: January 01, 2023, 07:15:23 AM
Merry Christmas and happy holidays!
So i decided to start this short thread to speculate on BTC Christmas price cycles pull back, if you study Bitcoin market chart in 2017 the present Bitcoin price is the same, but in 2017 Bitcoin before the month of November 2017 was on a bullish market trend and some form of sell pressure hit the market during the Christmas holidays.
But this year, 2023 Bitcoin hard a strong resistant price level during the period of 20th to 25th which is Christmas most activities and time for family shopping and family spending where the banking system may pause a constraint to effective transactions and alternatives are sort after, Bitcoin and other digital assets become the order of the season which make Bitcoin price to pull back.
This year Bitcoin price is stabilized at around 16,000 + which is a good resistant level and a benchmark that represents previous years' bullish all-time high price.
Is this an indication of the bullish market in the year 2023 where Bitcoin will break 20,000 in the early weeks of the year?
2022 was a tainted chapter for crypto. The way Bitcoin and other leading cryptocurrencies have fallen over the past year has been worst for investors. BTC is down 76% so far and ETH is down 75.5%. Other altcoins are also facing worse situation. Some alt coins are already down as much as 99 percent.

When the Federal Reserve raises interest rates, it does not create a positive environment for either cryptocurrency or the stock market. Besides, bankruptcies and chaos were regular in the market last year so every one assume that BTC would move downwards. This ongoing crypto winter in 2023 may last longer this time. Inflation, rising debt costs and political instability have been at their highest level in the past 40 years, mainly due to macroeconomic factors, particularly after Russia's invasion of Ukraine.

Easing inflation and lowering rates are the only options that can help crypto now. We hope to see positive results for all things in 2023 which will revolutionize crypto again.
1583  Bitcoin / Bitcoin Discussion / Re: My dream has become a reality on: December 31, 2022, 04:30:11 PM
I have always dreamed of accepting Bitcoin as a means of payment since the year 2017 even before I became a master in my money-making haven ( fashion designer ) and now the time has finally come, today I start accepting Bitcoin payments.
Bitcoin is now recognized as a reliable payment method in the world. As a business owner accepting Bitcoin payments can keep your business competitive not only that this payment method can expose your business to more customers which can be more reliable than other payment methods. Adopting cryptocurrencies can be particularly interesting. But as you are now accepting payments in Bitcoin from several clients you know but you should  promote it openly, your business can expand further. But how you store bitcoins or how you spend that money is also a important issue.

Here you will get more benefits with Bitcoin such as fewer transaction fees, you may attract more customers who prefer bitcoin as a method of payment, you also holding bitcoin in an account could serve as an investment opportunity. Accepting Bitcoin payments for business will provide you with such benefits.
1584  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: December 29, 2022, 05:11:00 PM
Looks like Kane Williamson might score his double century in this match against Pakistan.
Yeh amazing performance by new Zealand team against the strong bowling lineup of Pakistan, T.Latham , DConway give a strong start to his team after his dismissal Williamson take charge and score a phenomenal double century after that few more batter score little bit but Sodhi build a partnership with Williamson and as a result they chase target as well as they trail Pakistan by 174 runs, now after that Pakistan batter come to bat, but A.Shafiq and S.Masood has been dismissed in early overs but now Imam take charge and almost hit half century, I think the way match is going there are a lot of chance of match draw.
In the Karachi Test, Pakistan is not get the comfortable position anywhere outside and inside the field. Babar's 438 runs in the first innings has already been surpassed by Kane Williamson. Babar Azam and Agha Salman centuries and Sarfaraz Ahmed scored 438 runs in the first innings of the Test, but Pakistan is in trouble.

New Zealand opener Tom Latham scored a century in reply to Babar-Aga Salman. Although he scored 113 runs, former captain Kane Williamson played a fighting innings of 200 runs. Thanks for his double century, New Zealand declared an innings with a mountain of 612 runs for 9 wickets.

Trailing by 174 runs, Pakistan collected 72 runs for the loss of 2 wickets in the second innings in the late afternoon of the fourth day on Thursday. To avoid defeat, the host Pakistan cricket team will have to bat well on the last day on Friday.
1585  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 29, 2022, 04:46:38 PM


ICC recently released the list of T20 cricketer of the year. 4 cricketers who got place, there are India's Suryakumar Yadav, England's Sam Curran, Zimbabwe's Sikandar Raza and Pakistan's Mohammad Rizwan. Every year from 1st January to 31st December these awards are given by ICC.

Suryakumar Yadav who has been performing well since the beginning of the year had more than a thousand runs this year. The performance of English pacer Sam Curran, who is in the fight for the best of the year, is not less discussed. He played 19 matches and took 25 wickets.

Zimbabwean all-rounder Sikandar Raza was also in the discussion for his destructive batting throughout the year. He played an equal role in winning the team with bat and ball. His collection with the bat this year was 735 runs.

Pakistani Batsman Mohammad Rizwan, scored the highest runs as the second batsman after Suryakumar. This wicket keeper batsman scored 996 runs in 25 matches. There were 10 half-centuries.
1586  Bitcoin / Mining / Re: Is mining Profitable in 2022? on: December 28, 2022, 06:36:23 PM
Mining only becomes profitable if Bitcoin's price value is in a bullish season. This is what has been observed in the past few periods of the bull run.

Therefore, if we are in a bear market, the situation in the market is too complicated, which is also where the volatility that happens in the movement of the market is too aggressive. The more it goes down or becomes a flat resistance only happens in its movement, the cost goes up but the profit goes down. In short, it is not becoming profitable at the moment due to this scenario in reality.
If miners are encouraged to mine then it will undoubtedly be profitable. Generally we know that mining requires some quality parts with enough energy. Which seems normal but actually has great value. Mining will be profitable while Bitcoin remains bullish. If Bitcoin miners can't extract profits after mining, then mining will slow down.

In order for mining to be profitable, a miner must have special knowledge of a few things. As such a miner needs to have a good understanding of hardware. A device that has more computing power with less energy. It also needs cheap electricity that will help reduce the cost of mining and have an efficient mining pool. If costs can be reduced in some of these areas, then some profit can be made in the quality. After all, since the price of Bitcoin is low, mining will not be profitable.
1587  Economy / Speculation / Re: The world is not doing well on: December 28, 2022, 02:03:44 PM
Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.
The recent appreciation of the US dollar has devalued local currencies in most of the countries. This has resulted inflation. However, there are many issues behind this dollar price increase. Among them, everyone knows that the influence of Russia and the Ukraine war has brought down the economy of the whole world. Its behavior is not only confined to the economy but also creates uncertainty in the crypto market. The way Bitcoin moves this season of the year, doesn't reflect any of its behavior. For this reason we recognize the entire global situation is now not favorable. The trend of the Bitcoin market will not remain in this state. It will be bullish again but everyone should have patience.
1588  Economy / Trading Discussion / Re: What you really think about trading bots? on: December 28, 2022, 12:26:40 PM
Honestly, I prefer not to use robots or bots for work. Their algorithm is usually quite simple, and does not take into account many nuances. So, for now, I trade manually with a broker from Amarkets, and this option seems to me more interesting.
Robots are usually created as substitutes for humans. In this age of mechanization, many human jobs are now done by robots. People are now receiving services in various ways with artificial intelligence. It is now very effective in trading as well. Robots powered by artificial intelligence have the potential to be used universally. Through this robot it is now possible to trade more volume in less time. What is almost impossible manually can easily be done with artificial intelligence. The main task of this robot is to follow the trading chart and use its intelligence to extract profit. All these things, from finding a deal to buying and selling, are done without the intervention of a trader. No need to analyze. No need to read the news.

There are some advantages using trading bots.  It will trade itself 24 hours a day. It works in a fixed system so rules are never broken. There are numerous settings that can be managed through the settings themselves. Ability to perform data analysis in very short time. Any new trader with basic knowledge can earn with this method. Dealing with a specific currency results in very low trading losses. But there are some disadvantages with it. A robot cannot normally work in more than one currency. So if you want to set up a robot in multiple currencies, you need to purchase a robot for each currency.
In robot trading, you do not have the opportunity to trade, so the robot will lose the trade by making a mistake in the formula. If it can be used correctly, users would be profitable.
1589  Economy / Gambling discussion / Re: wallets that work with bet365 on: December 28, 2022, 10:36:57 AM
Do you know which e-wallets or online banks work with Bet365, like Verse or Zen? Does Zen still work?

I need to withdraw to bank so I actually need online bank with IBAN, I used Verse before but bet365 does not allow to withdraw to verse anymore


I have conducted betting on the Bet365 platform for a long time. But I don't bet there at the moment. Because if you conduct betting on this platform, you have to face a lot of hassle in deposit and withdrawal. I used to use the online card at bet365. For example, I used to use Neteller and Skrill and withdraw on the same card. But now I use crypto casino and sports betting platforms. As a result deposits and withdrawals do not face any problem. But I think if bet365 allows deposits via crypto then everything related to deposits and withdrawal will be solved. One can make deposits and withdrawals at Bet365 using all the payment methods mentioned in the image above.
1590  Other / Archival / Re: What casinos are safe on: December 28, 2022, 10:11:26 AM
Hey here. I want to try myself in casino playing, but I am really afraid of being scammed. Few years ago I lost a huge amount of money that I saved for a long time..
To know which casino site is safe, you must look for good reviews. The comments that users make from their real experience are basically considered the reliable site. Some of the sites that are currently gaining popularity as crypto casinos are Stake, Duelbits, Livecasino and those already at the forefront of gaining user trust.
Recently Coinplay.com is arriving in the gambling industry with new approach and good prospects in the market and hopefully it is going to be the favorite crypto casino of gamblers in the days. This platform is legal crypto betting and gambling platform, established in 2022 and licensed by Curaçao Gaming Authority. Its various promotions have also attracted the attention of gamblers. Also there are some more sites in the gambling platform that are providing good advantages.
1591  Economy / Trading Discussion / Re: So many good news but Market and coins don't go up on: December 27, 2022, 06:01:02 PM
Why coins not going up ?
If good news coming then price should follow instantly.
When there is good news i go Long position been waiting all day long and nothing.

Also the traders who post their ideas non of the signals don't move whats going on ?
It's imposdible to make any money in this Market
Somebody need to put money in it's fruturating like this.

The market is not rising because confidence is not created. Cryptomarkets are constantly influenced by negative or positive news. Here fake news flows more along with some real news. As a result, it is more difficult to understand what is right and what is wrong? Economic recession has now gripped the entire world. No new investment is appeared anywhere. People at every level are now going through scarcity. At this time if someone says Bitcoin will be up then it will never be effective. Good news won't be needed when Bitcoin's time comes. The market will go well for you. The more awareness increases, the more investors will gain confidence in the market.
1592  Economy / Speculation / Re: Stop the panic, I doubt we will see 14k or less Bitcoin on: December 27, 2022, 05:38:30 PM
almost a week to end this 2022 , but  it seems to be ending up to 16k level?  panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .
It is natural to panic but I will not be skeptical about the price movement of BTC as the global situation is not normal. As the economic recession prevails, it is by no means expected that the price of BTC will rise. Like every year Bitcoin is bullish at this time. But in 2022, no such trend was observed. As a result, a lack of confidence has been shown among the investors. From that point of view, many are making advance predictions about Bitcoin where the price of Bitcoin can decrease and stay at 14K. The bearishness of cryptocurrencies is a common theme. But while the FTX fall has prolonged this bearish sentiment. Many are expecting further dip in Bitcoin.
1593  Bitcoin / Bitcoin Discussion / Re: Best Way to Carry Your Seed When Traveling Or Moving Abroad? on: December 26, 2022, 06:01:47 PM
So, you can save your seed phrase in your mobile phones in your secret keywords. Only you can understand it what you have written. So, it is very difficult to understand for anyone. It is not a safe way to carry your seed phrase when you are travelling. So, keep it at secure place in your house and save this key in your mobile phone. You can capture their picture, You can copy it and send it to your own number by text message.
People are now quite aware about cryptocurrencies. Older people did not get any means of knowing about any subject within few moments. But nowadays, with the influence of technology, people can now bring everything in their hand. It does not take much time to learn about any unknown subject.

In my perspective there is no person in the world who doesn't know more or less about something like Bitcoin and with the change of day everyone is aware about Bitcoin and Seed Phrases. If OP wants to carry his own seed phrase while traveling somewhere then he can. If the written seed phrase goes through scanning normally, there shouldn't be any problems. But I think there are many places in online you can remembering your secret password and storing it there won't be a big problem. I have yet to come across any such case where the seed phrase written on paper is checked.
1594  Economy / Trading Discussion / Re: Please Suggest Some Free Crypto Trading Signals on: December 26, 2022, 05:43:57 PM
I am Mining and Trading Crypto since 2017. There are lot of Telegram Channel who provide free Crypto signals but they all are Cheaters and have no perfect result. Last 2 days i am Just come to know about Website Free Crypto Signals, which is under development and their huge team are planning to provide most accurate Crypto Trading Signals free on website.

So if you know some other genuine source for best Trading Signals let me know. THANKS
Those who wait for signals at the beginning of their trading life will have a flawed start. Basically there is no such thing as a trading signal. Be it premium or free. Because if those big investors can understand when an asset will increase by paying some money, then everyone could be profitable. But in reality that is not possible. No one knows what may happen tomorrow. So why is there so much interest in that matter? I was involved in a premium signal group during a bullish period where i saw signals were given for very short periods of time. It also happened that within minutes of me buying the asset, the price of the asset dropped significantly. When many traders place buy orders at once, the price will naturally increase slightly. Just advise, without showing interest in anything of this kind of activities, it is necessary to focus on how to get good results by using one's talent through research and analysis.
1595  Economy / Speculation / Re: ELON sold his TSLA stock for $3.5billion. Will he re-buy BTC soon? on: December 26, 2022, 05:12:21 PM


What do you think? Is this time for BTC bullish again? Or Elon preventing from 2023 Global ressession by sold % of his TSLA stock?

Or... Will he buy dogecoin now?
It is possible that he will come back to buy Bitcoin or Dogecoin. But I think the sale of Tesla shares has more to do with new projects on twitter. Be it financing for the next stage or there is a problem to be solved that requires a lot of money. But I believe Elon is running a new project that costs that much, not to buy Bitcoin or Dogecoin.
Surviving the economic downturn is now very difficult for every investor. In this condition it is also very difficult to guess what could be the reason for such a decision of Elon Musk. Maybe he is now using a strategy that can lead to huge profits. What can Elon Musk do when the crypto market is long bearish? Will he sell TSLA stock and buy Bitcoin? Or is he working on raising capital for another business? He might be thinking of something better for Doge Coin. Everything is dependent on assumptions. I think these are business strategies that will never be revealed. Finally, it is very clear that he could not profit after buying Twitter in recent times. Maybe he is trying to fill this gap by selling TSLA stock.
1596  Economy / Gambling discussion / Re: Qatar world cup Final Predictions on: December 26, 2022, 02:04:06 PM
The World Cup in Qatar is over but his criticism is still on top. Portugal's star footballer Cristiano Ronaldo's talent has been misused in Qatar World Cup. He is a victim of political revenge. Turkish President Recep Tayyip Erdogan made such a comment ‍at a meeting at Atatürk University,Turkey. According to him, it was not acceptable to sit him out side of the game and after 1 goal his energy was totally lost and that was simple. His criticism has now again questioned the decision of the coach of Portugal. Not only that, Erdogan also talked about the Argentina and France finals. He said about the French star Mbappe 23 years old will play great in the future.
1597  Other / Meta / Re: Merry Christmas to the Forum on: December 26, 2022, 06:07:58 AM
Merry Christmas is the symbol of blessings, love and sharing. May the divine light of Christmas glow in your life in this season. I wish this Christmas fill your heart and mind with lots of fun and happiness simultaneously the melody and spirit of Christmas bring love and peace to your life.

I am expecting a message of world peace through this Christmas where all kinds of wars can end. We make this world a planet of peace by clearing away all the hatred and enmity in our minds. Then the whole universe will be resurrected as a garden of peace.



1598  Economy / Speculation / Re: Twitter Poll: Where will Bitcoin end the year? VOTE HERE! on: December 25, 2022, 06:04:29 PM
The price of bitcoin will still be where it is now and not go anywhere. There may still be fluctuations but it's not likely to go down too much or up too much more. But if it is after the New Year, there is a possibility that the price will surprise us, whether it will be an increase or decrease. And right now, it's still at $16k and we'd better wait until the end of the year and see what happens. I didn't expect the price to drop further, even though it was an opportunity to buy more bitcoins.
As far as I know Bitcoin will not see any uptrend soon. Until the extreme situation is resolved. I don't believe we will see any bullish movement in Bitcoin especially until the Ukraine-Russia war ends. Although various news come and go in the crypto world, nothing is as expected in crypto. This is the right time to buy Bitcoin. Every investor knows that the current market is only haunted by negative news. So this time investors are full of risk in order to get something good from the market. Investors should keep a close eye on Q1 next year. Bitcoin will not change much. $18500 may be the highest price of Bitcoin for this year. Although ‍some crypto expert speculate it may go up to $16000-$20000. According to me there is less than a week left of this year. Getting to $20000 by this time will be somewhat difficult.
1599  Bitcoin / Mining / Re: Mining in the current bear market on: December 25, 2022, 05:36:45 PM
Is it the right time to get into mining? The market has crashed and bitcoin is at its lowest, but the miner prices have fallen too. Would it be profitable to start mining with these low miner prices in the long term? What do you guys think?

In bear market some issues should affect Mining, electricity, oil and gas. If you are a citizen of any country like Canada, Saudi Arabia, Iran, Iraq, Nigeria, Russia, etc. then oil should not be a problem for you.
Moreover, mining in this down market will bring less profit.  However, if you are located in an electricity rich country then the mining cost will be less for you.  In this case you will not have any problem to get profit despite the down market.
With the recent rise in commodity prices, including the rise of fuel prices, it naturally say that mining will not be profitable at this time. Because of the high cost of the equipment required for mining and the rise in electricity costs will certainly not be profitable. According to 2019 report by the Congressional Research Service, the power we get for one ASIC can use the same amount of power as half a million PlayStation 3 devices. As a result, the cost will naturally increase manifold. As the difficulty and complexity of Bitcoin mining increases at the same time need more computing power. When Bitcoin is bullish, it becomes very difficult to take profits from it. In that case, the current price of Bitcoin is about 75 percent lower than the peak value, so how is it possible to continue mining operations in a bearish market? I think no one wants to take such a big risk.

https://www.bankrate.com/investing/what-is-bitcoin-mining/
1600  Economy / Speculation / Re: Bear market likely over? on: December 25, 2022, 05:09:57 PM
Although the price increase on some coins in recent days has increased again, but I am not sure that the bear market will end soon, because for now there are still many things that must be completed by the platform to recover the price of coins that have fallen dramatically, so do not rush to feel relieved by the current price increase, and we can see the experience we feel for the previous year the market situation can grow up to 4 years long so now I don't think it's time to feel the bear market is over yet.
Bitcoin has seen positive behavior in recent times. But that doesn't signal the end of the bear market. Actually i am not concerned with either bear or bullish trends. Because i still haven't finished buy as i hoped. I am trying to increase my holding by doing some things using DCA method. Due to which i have no interest in the ups and downs of Bitcoin. I will be satisfied when I can organize the portfolio to the best of my ability. I know bitcoin won't stay the way it is. I am not worried about the present time. I am trying to create a position where i can achieve my goals in the next 4-5 years. Which can refrain me form anxiety. I have no short term thoughts on Bitcoin. After all, as the current market is in dip, i might be able to see some uptrend movement of Bitcoin soon but that will not recognize the sign of ending bitcoin bearish period.
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