I hope you do know that almost all of the prices of altcoins are based on BTC. It's directly proportional. - When BTC drops in Price, Altcoins Suffer as well
- When BTC increases in Price, Altcoins suffer as well
It's best to note that this is happening almost all of the time; it would just depend on the demand of a particular coin. Whether someone's buying it or not. That's the exception. So this is not common knowledge or isn't thought about, but it's true. I hope people would understand that concept when it comes to trading. It's not the worst thing you know because you could take advantage of the drop by shorting the market. It would just depend on the exchange that you have if you could short it or long it. This is the reality of altcoins. They highly depend on bitcoin for their value. Even the king of altcoins cannot make progress without bitcoin moving forward. Even in 2017, it was able to gain high value of almost 1k dollars and above with the help of the real king, bitcoin. Therefore, it is suggested to all the holders of crypto currencies to read and understand bitcoin first and then continue the job. |
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Ofcourse for me because Im Filipino so I choose Philippines because also I see in the past few years there is a lot of good Athletes that Philippines have and for sure they will win a lot of medals. I saw the opening of sea games there is a lot of people there who cheer and very happy just enjoy watching every games there and bless to the player who join the games because that is not easy. Be proud what country you represented to the sea games and pray for them to not be injured.
The opening was an amazing and thrilling experience. Even watching it on television made people excited. All the countries participating have good players and winning is not the most important thing. A fair and passionate game makes fans happier even if their team loses. Sportsmen are famous for their struggles and guts. The government of Philippines has done a great job and efforts of every single participant is appreciated. |
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in short - halving is the main mechanism to create deflation , yes
in bitcoin ecosystem this event has very big impact on both the hashrate and the price of bitcoin
and usually , the price is not peaking before or during the halving , but its increasing eventually a couple of months afterwards
the not efficient and smaller miners will have to stop their miners and cease operations , thus cutting the flood of the coins to the market
since they have to sell fast , unlike big companies who could wait for the price they need
while this , in theory , leads to more centralization of the mining , it serves its purpose of the deflatory mechanism perfectly
Bitcoin from the very beginning was deflationary in nature due to its limited number of 21 millions that can not be increased. If we look at the main cause of problems like inflation and hyperinflation, these happen when the amount of the currencies is increased largely but this is impossible with digital coins. Halving has more to do with keeping a balance and not giving all the bitcoin to miners as their reward. |
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Impossible bitcoin could be over because many investor keep trust with bitcoin, keep holding and waiting with bitcoin growing up to higher price, maybe bitcoin could be over when all country have banned bitcoin.
Banning bitcoin in most of the country is never impossible. It can surely happen if bitcoin will destroy the economic state of one's country. For example, the bitcoin will cause a great war if it is in demand and in a very limited number. If the bitcoin source is over, they will fight for the money because for sure bitcoin will make a higher price if it is limited. So it is possible for the bitcoin to collapse. First of all, it is insane to ban bitcoin and if ever governments pas such laws, they wont be successful. Secondly, no one can really stop people from investing in bitcoin and earn from it. Even if the authorities don't legalize bitcoin, still I will be used by holders as it is being, at the present. The world is moving towards an era of digital currencies and bitcoin is the king of them, countries who will go against bitcoin wont make progress. Bitcoin can never collapse. |
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All great advice to avoid being scammed as there are many different types of scams out there and hacking methods used to fleece investors of their capital so be very vigilant and, always check to ensure you're using reputable exchanges, secure wallets and individual details for each account to minimize loss
Make sure to learn all the advance securities that you can provide to your accounts / wallets as there's always new things that this hackers/scammers will use in order to penetrate to your assets. If you do performed routine studies and not to relax each but to ensure that you are well aware to anything that happened inside this industry, then the chance of being victimized is slim. Better than doing nothing and find yourself inside the shoes of those victims. This is the easiest way to point out a scam project. The offers are a way too unrealistic and juicy. The promising words literally make the person feel like as he will miss the train to heaven and regret the mistake of not participating as long as he lives. Why would anyone become this generous to you? Even with a little common sense and self-control, a person can protect himself from all sort of losses. |
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many times opposite happens and nothing works all we can do at this time is trade less , takes less risky trades , many traders have statement when I enter trend changes and go against , don't force yourself to take trades wait for setups which your are good at , every trades don't work out
Don't trade with fear
A trader must not look for a particular situation that he will trade in but develop the ability to trade in all sort of seasons. With the first approach, his trade automatically gets limited because the market wont remain the way he looks for. In addition to this, if the loss is not the outcome every time he trades, then this is pretty okay because all of us are destined to come across failure in our lives. Just learn from the mistake and move on. |
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Majority say we gamble for fun. This is completely a false statement, because if there is no reward for the risk we take it shouldn't have gained such a popularity.
I beg to differ from your school of thought, not everyone gamble because there's a reward for themselves. I have seen and heard of charity event were profits won from gambling aren't been reward to those that gambled but been redirected for the charity activity yet there were still volunteers in their numbers risking their funds to play the games. Many of those volunteer came to catch fun while others meant have seen this as an opportunity to perfect their different gambling strategy. Money matters and no gambler type can deny this factor. Even those who play this game for the whole purpose of having some moments of joy are left with a bit of pain in heart when a bet is lost. But these are the ones who have good control over themselves and definitely increase their happiness of winning by donating the amount to charity organizations. No matter what purpose a gambler plays for, he should just keep himself safe. |
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I can’t understand why the millennial generation is screwed up? The fact is that over the last century, people have caused irreparable damage to our planet, as a result of which for future generations I will raise very serious questions regarding the problems of survival. Nevertheless, 1000 years was most marked only by major wars of people with each other. But if we discard all the negative results of human life, then first of all we must pay attention to the fairly rapid progress of mankind in the technological plan and in the field of high technology over the past few decades.
That is so not true. Indeed this generation is facing its own challenges and these are actually a bit more difficult than the previous ones. Still, Millennial generation is enjoying its own stuff. The time has changed and definitely the way of living got evolved too. Just because the present methods of dealing with matters of life are different from the old ones does not mean its useless or stupidity. |
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Education holds highest value in the life of a person. Without going to school, e wont have been able to even read out words. It is not possible to survive in this time by not educating oneself. Everyone must at least know the basics of reading and writing. Educational institutes not only provide us knowledge but also groom the personality of person and build discipline in him.
knowledge that will make us understand how to survive in our life. Is difficult to survive our self if we have no knowledge at all , meanwhile this world very cruel. We could be the victim from bad people or atleast we just be useless man without any knowledge. Today education give huge influence to our success story. By knowledge we will able to identify opportunity to earn money. Knowledge is the standard on which wise are differentiated from fools. The more amount and diversity of knowledge someone holds, the easier his life becomes. People who can be fooled will always be fooled by others and this is more like human nature of evils than cruelty of this world. It has become mandatory to have computer literacy at present age because without it, we cant think about surviving. |
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what are your goals by investing? yes I think everyone wants to benefit from investment and trade. given the market situation is not yet fully stable, I'm sure you can still benefit from them.
I mean investing does not have to wait long, you can sell it at any time, when you see your coins above the initial capital price.
if you don't do that, you will starve!
everyone must have the same goal in investment because everyone wants to make a profit from the investment they make. but in my opinion that of the many people who make investments must have different ways such as long-term investment and short-term investment. and you can't tell them to follow your way. if you are afraid of hunger means you only have a little money ... then what about those who have a lot of money, surely they will not starve like you if they don't sell their tokens. Indeed, investment serves only one purpose and that is to return money after some time. Now the amount of profit depends where a person spends his money as an investment. The best and trending is to go for crypto currencies. But even in these, bitcoin should be the top priority. With this coin, all types of investments return profit. No matter how rich or poor a person is, he must look for making more money. |
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My point of view is Investment is far better than savings because is 2 in 1. But it is also important where you are going invest like if people who are saving in banks start making investments in crypto or in just BITCOIN they have far better chances to increase their profits and accumulate their wealth. I wish one-day people will understand this
Investments are always risks. Your savings are in a static state until you have turned them into investments, but in this case you should understand that there is a risk of losing all your invested savings. That is why the main investment rule does not allow you to invest more than you are willing to lose. Alas, 90% of investors neglect this rule, which is probably why the remaining 10% are successful. Investment is not gambling where you have to spend only that much amount which you are willing to lose. If a person invests in the right asset or place after doing some research on his own, then the risk factor not only decreases but vanishes completely. For instance, if you invest in bitcoin, you wont have to think about risks and the more amount you spend here, the better profits will be earned. |
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Can you involve money for you to stop gambling or a gambler can really stop after he promises that if he wins this jackpot he will stop?
This is for the big-time gambler or those who gamble habitually or even those who have the urge to gamble when they have available money.
atleast a Million $ or so,then i will surely quit.i can manage to control myself from Betting so if chance that i will win Lottery Jackpot here in our country that amounting 1-5$million if the pot gets higher,then i can humbly say to quit and just focus in life and crypto trading,though i believe that CryptoTrading is also a gambling at some point lol. I am also contented with 1 to 1.5 million dollar as parting win to quit gambling I can humbly invest that amount of money in a very tangible and profitable business even as a mere cryptos investor ie buy and hodl sort of trading. I wouldn't see any reason to go back to gambling again with such a huge amount of money when other business opportunities are own my radar. That is actually a big money and winning such a giant amount requires putting a large money at stake first. Or you may try your luck with becoming a participant in some lottery and lucky draws. It would be better to not set high aims with this game because it is a game, not some sort of business or profession that can help you in becoming rich. If you start working then soon this target can be achieved. Try bitcoin day trading. |
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Frauds are inseparable part of cryptocurrency market, which still develops fast. Who has never encountered any crypto-related activity which seemed to be suspicious? The thing is to make people more aware that the internet is full of any type of scams, from coins stealing, pyramid schemes to hacking accounts so on and so on. It could be hard or even maybe impossible to eliminate it totally. However there are companies set up strictly to prevent frauds, money laundering or reclaiming stolen cryptocurrencies e.g. Coinfirm. Company that gained popularity through business partnerships with platfroms like Binance, Kroll, Coindeal, RSK, XAP, Cointelligence. Generally- interesting topic, hope in the future the internet would be a bit safer place, if you are interested in such activities, you can find more information on their website: https://www.coinfirm.com/It is not the problem of digital market only but scams have remained with us since the beginning. It is in human nature to deceive others. People like to snatch money instead of making because this way big amounts can be made in lesser time. But this does not mean that the coins are not good or the technology has opened more ways for the criminals. Like every thing, crypto currencies has its own pros and cons. |
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If you cash out, then it can be considered as a capital gain (if you receive profit, bought < sold), and capital gain is taxable. Well, when we are dealing with the government, the only options would be (1) pay taxes, or (2) get fined/banned.
I think taxation is generally better than prohibition.
They can’t just simply collect taxes on crypto users because at the first place this is decentralized and we are still anonymous not unless you provide your information. Taxation is important and if there’s already rules and regulation for this one, then we should follow that than to suffer later on. There’s no wrong about paying taxes, the purpose of taxation is really good. Taxation has nothing to do with crypto currencies. This is one of the reasons why investors started buying bitcoin, to get freedom from all such formalities. Taxation is essential for the improvement of a country but with a corrupted government, it becomes pain in the neck for common people. With decentralized coins, finally we can enjoy freedom of control over our own assets and economy. |
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The past of bitcoin and cryptocurrencies is a wonderful and beautiful past. It gives people a lot of hope and a brighter future. But for now, it's not so good, but let's believe it. gradually it will return.
Whether or not the condition of cryptocurrency today is not a problem we must discard, because it must be lived with patience, because the process to improve the condition of crypto also requires a lot of time. There is nothing wrong with present. Just because the market is going through a downfall does not mean it has become pathetic or anything like that. When something is volatile, decrements become part of it to. The present decrease is not here to stay forever. Once bitcoin will start moving forward, the whole market will do the same. Besides, such times give investors an opportunity to buy more coins. |
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Nowadays all kinds of gambling platforms did not allow to use multiple accounts in just one reason, because they are afraid of being able to abuse by their users. That is the reason why they are very strict on the policy of no multiple accounts allowed. Nevertheless, I also never heard such a gambling site allows users to have multiple accounts. You can have many accounts if you want using a VPN, but you are bypassing their rules and might have trouble when it comes to withdrawing your fund.
that is what i meant in my post recently that the gambling sites may allowing OP to create multiple account but not letting them affected so far but in time that we need withdrawals for sure trouble will arise and HOLDING OF FUNDS is what we will face. Besides, what is the point in troubling yourself with so many accounts. If this trick is to make winning possible or increase the chances of victory, then this will indeed not work. Gambling is a fun game and one account is more than enough to experience thrill and excitement involved in bets. Such strategies just waste time. Having fund but being unable to collect them is a pain in itself. |
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o depends on a situation, not all women slowly learning crypto.
It's normal now that females find ways to earn and to invest as they know how hard to manage money and that they need it to make their money works to add in their investments. you said female find it hard to manage money ? but why would they enter crypto trade when trading crypto was more of a money management but i aslo agree on what owen said that not all women are involed on crypto trade or not all people are weak when it comes to money management . some few females are infact now succesful on crypto trading and thier stories were now being published on the news and on online article's just also to give motivation to other females . I do not think that women are bad at managing money or anything like that. They are responsible for running homes and control all the matters inside house. Trading is not about management. It demands a good knowledge of trading and coin. Crypto trading is not a concern of gender at all. Though women are more sensitive but this is not universal. In every different situation, women act accordingly. |
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yeah as you think I trade based on a lot of my emotions back then I lost about $ 1000, I realized and learned a lot more to be able to analyze the market before entering this market, Because in this market it seems that only good traders can make a profit, so I think when you are confident enough to be a good trader, you can spend a lot of money to trade.
this is why makes investor is really hard to master because when your emotion is not doing well then it may affect your performance on trading and could make everything you do become bad, also this is why many expert traders are always taking their time to prepare everything. This is the whole reason why we are taught discipline and self control. No matter what the situation is, we should train our brain to stay calm. In the trading profession, it is not possible to succeed without developing a cool nature. Every single decision can affect progress in positive or negative way. The significance o this trait increases with bitcoin and altcoin trading as these are volatile assets. Easier said than done but then again, all those things that provide long term benefits are never easy to do. It would be difficult in the first shot but after getting positive results, the brain will automatically start walking on the right path. Holders who truly understand worth of their digital coins don’t end up blundering. This nature should be adopted by everyone but it’s a must for bitcoiners. |
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The current unstable market situation is making prices go down on altcoin, everyone is still waiting for bitcoin to enter a bullish period, to buy altcoin. so if you want to be like the previous years you have to wait for the price of bitcoin to enter a bullish period in the coming years
Yes, because of the market trend now it really affects bitcoin as well as the altcoin. There are so many news every where in the world that makes the market goes down, consecutive number of bad news really affects the market so very bad and quickly. We need to endure this for a little bit and wait for the bullish market. That is not the whole truth. Indeed, the market gets filled with FUDs and FOMOs. There are rumors too but nothing has ever succeeded to beat bitcoin or potential altcoins. After almost ten years of their existence, anyone can trust bitcoin and ethereum blindly for sure. But in case of new projects, a lot of care needs to be taken. An investor planning to choose new coins over old ones will most probably face loss. |
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history such as road maps or anything can still be falsified, unless there is a rule that requires them to pass a valid license and in this case the scam project will look like it has a real product which is basically a very different reality. but even so i'm sure there are still many real projects out there that continue to improve their development for the better and investors should be more careful on this issue so that they don't get caught in a loss hole because of the many trap by those scam project developers
With a little bit more care and observations, an investor can easily identify scams and after the invention of IEOs, it has become even easier to plot such frauds. Big exchanges do not let the poor projects to appear. However, the best is to stick with old coins that have proved their worth and potential over years. The main purpose of joining this market is profits and only bitcoin or good altcoins can do that. |
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