I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.
I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -
"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"
(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)
You know, I can’t call myself a trader, but I had little experience in cryptocurrency trading. I want to note right away that my experience in trading cryptocurrency was successful and was able to earn about two thousand dollars on trading. Let's just say I was lucky, since I myself was able to find several trading pairs that had a good difference and I was able to draw up a clear plan for when to buy and sell cryptocurrency making a profit. Of course, this was a special case and such options come across very rarely. I was lucky, since I did not use large amounts of money and did not listen to others, I analyzed the situation myself, watched the trading and only after we see the opportunity to earn money, I started trading. Those investors who lose money on trading probably did not study the trading pairs that they used or even simply listened to the advice of other "trading specialists" and simply lost money. I don't think you need to kill when you are losing money, you need to independently study the exchanges, trading pairs and the market situation before you start trading cryptocurrency, and then find the opportunity that can bring you profit. Only after that you need to start trading.
|
|
|
It is said that Bitcoin is the precursor of the "One World Currency" that will be used in a "One World Government". In the past, it has been predicted that a "One World Currency" would come into fruition as the current monetary system collapses in its entirety. It is today where we have Bitcoin, a Peer-to-Peer digital cash system that's decentralized, used globally by many people worldwide. Essentially, Bitcoin is a "One World Currency" although not backed by any government or trusted entity of any kind. What do you think? Is Bitcoin the "One World Currency"? Or will another currency take its place in the future? If that happens, which currency do you think will become the "One World Currency"? Will it be the US Dollar, the Euro, or the Chinese Yuan? Do you think governments will unanimously agree to use a single currency for everything? Your input will be greatly appreciated. Thanks It is very difficult to answer your question, as anything can happen, but if you look at the facts, you can draw some conclusions. As for BTC as a world currency, then you should understand that in this case you should easily come to a grocery store and buy a loaf of bread or a cup of coffee using BTC and at the same time transactions should be fast with minimal commissions. At the moment, this cannot be, which means it is difficult to imagine BTC as a world currency. I also listen to various economic analysts and one of them claims that our world will soon disintegrate into currency zones. Based on this information, it can be assumed that there will be no world currency at all. In this case, if this is true, then there is no point in discussing this issue. However, it is possible that BTC will be the currency of one or more of these currency zones, but again, if it can solve the problems that I have outlined above.
|
|
|
Indeed, Bitcoin was able to win the hearts of many people in the world, which is certainly reflected in its price. Apparently, this has not yet happened in the history of finance, and when Bitcoin began to gain its popularity, many who never bought BTC probably regretted it. I myself did not accept cryptocurrencies at the beginning and considered it a temporary direction, but since 2017 I have actively entered the crypto market and to this day I actively take part in it. I also believe that BTC will continue to arouse interest in the community and every day there will be more and more owners of it.
|
|
|
We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH. What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
Since I believe that the crypto market has a cyclical nature and each cycle is equal to four years, and also at the end of each cycle there is always an increase in prices for cryptocurrencies, I can assume that closer to the end of this 2021, somewhere in October - November, we we can see another round of growth in the price of cryptocurrencies. Also, some analysts call the current cycle a super cycle and that there should be two rounds of growth in 2021. We have already seen one, so there remains one more. Unfortunately, summer is likely to be just flat and it is unlikely that we will see a normal price movement. Also, at the end of summer, we may see another fall, and after, as I wrote above, the crypto market is waiting for another flight to the moon.
|
|
|
Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
BTC and ETH are the top cryptocurrencies and each of them has its own advantages and capabilities. If we talk about what is better than BTC or ETH, then it is difficult to compare because that BTC, that ETH has both pluses and minuses, especially since these two cryptocurrencies have different uses and applications, which means they cannot to some extent to be concurrent. However, as the investment rules state, you cannot store all eggs in one basket, which means you can invest in both BTC and ETH, since I believe that both of them can still show excellent results.
|
|
|
On July 6, the Central Bank of China closed down a Beijing-based company that provides software services for virtual currency transactions, and reiterated that no institution within its jurisdiction should engage in such transactions. After the People's Bank of China reiterated its long-standing anti-crypto stance and warned institutions not to provide services to crypto-related companies, Bitcoin cut its earlier gains. Why does the negative news from China always affect the price of Bitcoin? When does Bitcoin become less sensitive to negative news?
I think the answer is obvious here. China has its own digital yuan and in order to have a monopoly in finance, all competitors must be eliminated. As for the fall in the price of BTC, there is information that it was in China that the large mining capacities of BTC were themselves, and if now China prohibits everything related to BTC, then it is obvious that all miners and other companies are closing or transferring their activities, and this is a temporary decrease activity, which probably led to a decrease in the price of BTC. You must understand that for the stable operation of the BTC price and its price, it is necessary that the mining farms are not concentrated in one place, since if they are closed, a problem immediately arises, in this case the price drop.
|
|
|
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
I have also traded cryptocurrency before and I can say that it is quite a profitable business. However, in order to trade successfully, you need to have trading skills and know which cryptocurrencies to use for trading. But it is not always possible to make a profit from cryptocurrency trading, since very often the market behaves in an unpredictable manner. As for simply holding BTC, we have already seen that this was one of the best solutions, because over the years, the price of BTC has shown incredible growth. Based on this, I believe that now it is better to invest in BTC, since there is a high probability that by the end of 2021 we will enter the next stage of growth, which means it will be possible to make very good money on this.
|
|
|
Oddly enough, this can also be. But what if the countries of the world are really introducing bans on BTC just to take it away from each of us and be monopolists in the market? Perhaps soon something should happen in the field of finance, which will completely negate the use of fiat money. On the other hand, I heard information about the distribution of the world into currency zones, and then it turns out that all these prohibitions are directly related to this. Perhaps the countries have already agreed on what and how it will be, and right now they are trying to accumulate financial assets in order to have financial protection afterwards. This is all very suspicious and we need to be on the alert.
|
|
|
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.
|
|
|
What do you guys think about this? I have friend in China and they told me that their government don't want people to mine any more even if you decide to pay them 10% of your mining reward or pay more electricity bill, their plan is no more miners in the country, what do you think is going on here?
My own reply is the government don't want self made millionaires, they want more workers for the government and crypto mining isn't making that happen, am I wrong?
I believe that China's refusal to mine BTC is one of the elements of the war between the United States and China. Moreover, China has its own digital Yuan and does not need competitors. Perhaps the reasons are different, but for me personally, everything looks exactly like this. Unfortunately, we cannot know more than we can see for ourselves and understand ourselves, but it is worth noting that now an attack is underway on BTC all over the world. So at the moment we can only wait and watch what is happening, since this has already happened before and after BTC continued its development and growth.
|
|
|
Reporting Week Number #13 : Monday, 05th July, 2021 to Sunday, 11th July, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Twitter Username: @VEN7NET Twitter Profile Link: https://twitter.com/VEN7NETTwitter Followers: 3329 Tweet Links: 1- https://twitter.com/VEN7NET/status/14134677902797783062- https://twitter.com/VEN7NET/status/14135880334762188843- https://twitter.com/VEN7NET/status/14138522941736632384- https://twitter.com/VEN7NET/status/14139495154349547535- https://twitter.com/VEN7NET/status/1414238953927020551Retweet Links: 1- https://twitter.com/VEN7NET/status/14134640810974494722- https://twitter.com/VEN7NET/status/14135704624588185633- https://twitter.com/VEN7NET/status/14138386492050800684- https://twitter.com/VEN7NET/status/14139204087729602595- https://twitter.com/VEN7NET/status/1414199473702674434Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #13 : Monday, 05th July, 2021 to Sunday, 11th July, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Facebook Username: VladimirPechyoniy Facebook Profile Link: https://www.facebook.com/VladimirPechyoniyFacebook Friends: 5000 Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/41254699308640942- https://www.facebook.com/VladimirPechyoniy/posts/41264824640961743- https://www.facebook.com/VladimirPechyoniy/posts/41284253705685504- https://www.facebook.com/VladimirPechyoniy/posts/41292406338203575- https://www.facebook.com/VladimirPechyoniy/posts/4131426223601798Shared Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/41254368575340682- https://www.facebook.com/VladimirPechyoniy/posts/41263559174421623- https://www.facebook.com/VladimirPechyoniy/posts/41283063872471154- https://www.facebook.com/VladimirPechyoniy/posts/41290279438416265- https://www.facebook.com/VladimirPechyoniy/posts/4131056233638797Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #13 : Monday, 05th July, 2021 to Sunday, 11th July, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Reddit Profile Link: https://www.reddit.com/user/venbusinessNumber of Karma: 6463 5 Reddit Post Links: 1- https://www.reddit.com/r/CryptoKami/comments/ogtzi3/the_nft_marketplace_is_already_available_on/2- https://www.reddit.com/r/blockchainio/comments/oh240c/mocktailswap_finance_cryptocurrency_exchange/3- https://www.reddit.com/r/ico/comments/ohi4z2/buy_the_mok_token_of_the_mocktailswap_finance/4- https://www.reddit.com/r/IcoInvestor/comments/ohnkxw/moktail_finance_is_an_innovative_defi_platform/5- https://www.reddit.com/r/CryptocurrencyICO/comments/oi66tf/mocktailswap_finance_is_already_a_working_defi/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #13 : Monday, 05th July, 2021 to Sunday, 11th July, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Blog Platform Name: Reddit Blog Platform Username: venbusiness Blog Profile Link: https://www.reddit.com/user/venbusinessNumber of Followers: 26 Carma: 7071 Posted Blog Links: 1- https://www.reddit.com/user/venbusiness/comments/ohp24k/the_launch_of_the_nft_marketplace_on_the/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53
|
|
|
When I first learned about ICO opportunities, and this was in 2017, I was pleasantly surprised how easy and simple it is to raise funds to launch your project or product. I remember how then many projects were able to raise unrealistically large amounts of money and then it seemed like a great opportunity. Now it is no longer so good and profitable, since the market has grown and there are many competitors on the market, while other systems have emerged as an alternative to ICO, for example IEO. Of course, ICO still enjoys little success, but unfortunately not the same as it was at the very beginning.
|
|
|
|