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1701  Economy / Gambling discussion / Re: Mayor Of Las Vegas wants the whole city open, including casinos and stadiums on: May 02, 2020, 07:35:34 AM
That's a pathetic statement and if he ever really make it come to reality that may be the reason he'll be put out on her office. Though they have the least confirmed case by state in the USA that's not a reason she opens the city, no city right now I guess are rising it's economy, most are experiencing downfalls.

I heard this last week on the news. It's a hard decision to do being a mayor but she must feel the pressure from the business community in Nevada. Being a mayor doesn't really mean she is in control of the whole city, it's the people who can run and make money for the city that rules it.
That business community isn' t the community of the whole, I think they should reconsider that it's still risky.

He is really not aware of his surroundings, probably he is not watching news or reading some article related to this virus. How did he become a Mayor if he doesn't have any concern to his people since he is an elected Mayor of Las Vegas. That's the problem in politics, it is really hard to determine if a politician is really responsible and accountable about his position once that he win an election. Allowing business like casino and stadiums to become open during this pandemic is really inhumane. People will surely gather in a casino because of the effect of quarantine, many gamblers are urge to gamble physically and not online that's why casino will probably become populated.

Business like gambling casinos and stadiums aren't necessary during this pandemic no matter if they follow the rules of social distancing, still there is a gathering that will happen. Stay at home and take care of yourself and I hope that the Mayor of Las Vegas should realize the risk and hazard that he might give to people when he really open those places.
1702  Economy / Trading Discussion / Re: Why risk management is so important ? on: May 02, 2020, 06:46:09 AM
One trader has a 60% win rate but his portfolio is down 6% using a 2/1 risk-reward.

Another trader has a 30% win rate but his portfolio is up 12% using a 1/5 risk-reward.


So, it’s necessary to have very strict rules on risk management that help you to always preserve the capital and not to take crazy risks.


Is a "win rate" really such a thing in crypto trading? From what I know a win rate is something being used by those odd pickers in gambling but not in trading because there is no such thing as a win rate for a trader since the market is to volatile to guarantee such trader being accurate in the market. Risk management is also barely used in the trading lingo but I believ what you are trying to say when risk management is involved is the cutting of losses of a trader to the bare minimum. In your example where the trader have lost 15% of his capital this can be something mitigated or avoided if the trader react way earlier or has a back up plan/ exit strategy when the target price failed to hold, maybe losing only up to 5%  is what you will be looking for if you are trying to manage your risk.

Everyone in trading knows that risk management is necessary to prevent losses that can affect your mental health. We all know that when it comes to money, we should make good decisions and execute strategies carefully so that we do not fail when we are having transactions. Always be mindful and aware of the market because that will serve us your basis and also be patient.

In trading, technical analysis will keep you on track about how market moves and your strategies will based on that, by doing that, you should consider the risk the you will take and minimize it as soon as possible.

Minimizing the risk of getting losses in trading will keep you healthy in you trading career so that you can recover easily the money that you've lost. Avoid having a mindset that YOLO in your trading career, that is not applicable in any circumstances most especially if it involves money and cryptocurrency in the market.
1703  Economy / Economics / Re: Crisis after the epidemic on: May 02, 2020, 06:16:47 AM
I'm sure it's would be not the same as it will. Many of people will afraid to interact to each other and economy will take a lot of time before it will totally recover. Business will slowly open and get back to normal. This deadly virus will surely stick to our brains and others might get traumatize because of it. People also learned to this kind of crisis like live healthy, stable income, and savings. Appreciate every effort of our health workers and the time we spend together with our family.
Yes. Everything will not be the same again after this epidemic. But we can still recover but it will surely takes years before everything will be back to normal. I'm sure we have learned a lot of lessons from this epidemic and hopefully this will be the start of a better environment. More crisis are expecting after this corona virus battle that will make our country's economy still suffer even years after.

Hoping that this pandemic ends in Q3 of this 2020, so that business and works go back to normal because people have no money to earn due to the risk of getting the disease if people still go to their job. There's still a possibility that everything will go back to normal but it is not guaranteed a 100%.

Some people are still hoping that as soon as possible, our scientist develop or invent a vaccine so that we can recover faster than we are expected. Government really have a hard time maintaining and give support to its people most especially that poor people have nothing to sustain their lives during this quarantine.

I know that we just need to become strong and take care of ourselves from the virus. I understand that not all of us can eat 3x a day, that's why some people who have a good heart give donations to people who really need help and financial assistance. This virus will surely end soon we just need to cooperate with the government.
1704  Bitcoin / Bitcoin Discussion / Re: Why there is no Standard Marketplace like Amazon with BTC as payment method?? on: May 02, 2020, 05:46:51 AM
I know...there are smaller marketplaces that people can buy/sell goods via bitcoin, but why a major marketplace is not emerging??

I know for a fact, there is a huge demand for purchasing of goods with BTC...even users from this forum is enough to give the marketplace a supply chain issue Grin Grin

1. is the problem in supply side? are sellers worried taking payments via BTC bcas of volatility
2. is there a logistically inefficiency, that smaller sellers can never compete with the likes of amazon
3. is the transaction speed an issue for retail transactions?? major cards payments are done instantly (maybe this speed is needed for impulse purchases Cheesy)

Comment below...thanks i'm a newbie here Roll Eyes
There are three major marketplaces: Ebay, Amazon and Aliexpress. They have their own payment system that's their priority: Paypal for Ebay, Amazon pay for Amazon and Alipay for Aliexpress. Logically bitcoin doesn't seem to look like their friend but what if demand is huge? Real answer is that demand isn't that good to implement bitcoin or any other cryptocurrency and at the same time it's not easy decision and when you are a huge company and want big to implement something big (yeah, bitcoin is payment way and amazon has a lot of transactions daily), you have to keep things legal and fair. Government's answer on facebook's libra is something that major marketplaces have to consider if they think about cryptocurrencies. There should be other plans too, for example how to do refunds, how should it be done? How will we verify users' bitcoin adresses? How will we get rid of money laundering? And many other questions that they have to answer. In overall pros have to outweigh the cons.

Some marketplaces aren't supported by cryptocurrency depending on their locations because there are some governments that prohibits the use of cryptocurrency in many transactions. Most of the major marketplaces uses fiat currency as payment and I don't know any market that allows bitcoin to regulate in their business. There is a possibility that volume of people that uses bitcoin is also a factor on why markets are not allowing people to pay with bitcoin because not all customers have it. Hoping that governments should consider people who are using btc in their country, they should study and understand how btc works on the economy so that they know the benefits of it and start promoting mass adoption in its community.
1705  Economy / Trading Discussion / Re: Is day trading is good in crypto market? on: May 01, 2020, 06:20:31 AM
What you guys think about day trading in crypto. Is it profitable? if yes give me reason.
If you doing day trading by yourself it's 99 percent of chance that you loose your capital. I was reading many comments on other threads that they talking about day trading is profitable. I don't think so. Only whales have profit and normal person loose their money.
What your thoughts about it....

Profitable? It would be both because each day trader would really be different in terms of their trading style.Not all do have the same capability and capacity in facing up this volatile market.
99% is a bit exaggerated yet there are day traders which are really making out profits and this isnt only limiting to whales itself but also into other small traders as well.
Its a matter of choice though on what type of trader you would want to be,some do like to day trade but they do fail out but it doesnt mean that you would just simply quit because we know
that mistakes are stepping stones to improve ones self.

Sometimes, day trading is not the answer because it increases the risk and stays with that state. You should perform first proper technical analysis and speculations so that you know how to deal with the market and apply some strategies. It is not worthy to perform day trading most especially that we are in this pandemic and it really affects the market.

No matter what trading strategy you perform, it will still give you risk in a different intensity. I don't think that this is profitable most especially to those normal traders, if you're really good at trading it might be effective and profitable but not anyone can do that. We have different experiences and courage in trading that's why it is not always effective to do that.

Big or small traders are vulnerable to losses, but these losses will help you improve and learn more in trading but the reality of losing money is not that quite good in a feeling. That's why you should accept the reality of trading and perform effective strategies like stop loss, not only day trading.
1706  Economy / Economics / Re: The positive impact ~ on: May 01, 2020, 05:43:04 AM
3. People are moving towards Sustainability , countries in the future will be able to take care of the needs of their people , focusing the priority on their areas which inturn boosts the living conditions of the local community.

5. Total renewal of the government and the economic situation is in order , since this system has proved to be inefficient in handling situations like these.
Most of the points you mention are true, but these two will really impact on how the government will deal with this type of situation again in the future. But as an individuals we should take this situation seriously and we should not always rely on the government, the government can’t protect us at all times because our survival depends on what we do today.

Government will probably focus on the economic state of a country because that's one of the most essential things to have a proper management of budget to its community. I think that this pandemic is a wake up call to all of us, in this crisis we are alerted and become more responsible about the virus. Now that we have a prior knowledge and view on what will happen if we are experiencing a pandemic, maybe the government will make a proper plan when another crisis strikes to us. Probably, they are now ready and focus on the sustainability and accountability of taking care of its people and fighting a problem. The only problem here in this Covid-19 pandemic is that no one is expecting for this to happen and the spread of the virus is really fast that we don't do any preparation to fight this.
1707  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency crime in Netherlands. on: May 01, 2020, 05:12:03 AM
Six people were arrested in the Netherlands and the UK over a $27 million "typosquatting" scam, which involved making a fake website to gain access to user Bitcoin wallets.

.
This only proves that Netherlands is Good in catching scammers (How i wish our country will do same because of tons of scamming happening here) imagine that 27million$ are a Lifetime investment of some Victims and maybe those are what they gather from their lifetime crypto investing.
I strongly condemn such illegal things on crypto market.away with their wrongdoing.
We are in one position in this point mate because these criminals must be all gone Damn.
I am happy at least here police have been able to identify them and brought them under justice. No criminals should be left alone in crypto space! Common people usually try to avoid dirty water.
And this will be an eye opener for those aspiring to be scammers and also those becoming a target .

The authority should be strict when it comes to that and identifying real websites are very hard nowadays because scammers are really good at making their way to fool people. Typosquatting is the type of scamming where they hijack different websites or fake the URL so that they can have access to the accounts of the victim who input their bitcoin wallet in the website.

If you're a mindful person, you will never try new websites that is related to crypto instead use what you're using for so long. Probably the good website about bitcoin wallets should've a lot of users and reviews and popular so that it is guaranteed that the number of people using that website is high.

You will know that the website is a fraud and looks suspicious if the website lacks a certain features and also the design is plain. If the volume of people is not that huge enough, there's a possibility that the website you're accessing for your bitcoin wallet might be fake. That's why you should look for more reviews and information about the website where you can access your bitcoin wallet.
1708  Economy / Gambling discussion / Re: Never Before Experience On Gambling...!!!! Stay Safe. on: April 30, 2020, 06:18:31 AM
....when we're in sleep and an immediate increase in the heart pumping has got the highest chance of cardiac arrest. Finally it has got to be one of the memorable days of my gambling...
It makes sense. As we know, when doing gambling, our heart will pump irregularly. For, we may feel so excited and feel so sad in a very short time or moment. Of course, it will influence to the heart that may increase as you said if it happens again and again regularly.

Lets stay safe while gambling, though it is fun and excitement source there is lots of pressure being experienced by each and every gambler as we risk our earnings for a bigger amount.
Probably it will depend on time management. It may be not crucial for the gamblers. Good time management will help us to know when the right time to gamble, to decide to bet, to roll the roller, to take the chance of winning the jackpot, and many others. But of course, know your time, when you will do that thing.

The time management and also asset management will also help us to manage our income and outcome in gambling. It is not only feeling great when winning one time after losing 10 times. It is also not only about the time but also the readiness of our heart, being calm, smart, and also wise when gambling.

It depends if you really have some problems in your health, excitement really is not that dangerous to your heart and it will just boost your mood. Maybe the excitement is there most especially that gambling is risky and the results are uncertain, maybe you're nervous that's why your heart is pumping faster than normal.

Sometimes you just need self-discipline and control your emotion and keep calm in order for you to prevent panic and have good decision making in gambling because sometimes excitement can destroy your focus and concentration so that you're anxious in gambling.

Also do not gambling at midnight because that's the time where you should have rest and relax and spend time with your partner and not in gambling. Gambling activity should be done in the morning or afternoon so that you have time to relieve your stresses and entertain yourself after gambling.

Be healthy and prioritize your health physically, mentally and emotionally for more good gambling experience and prevent anxiety. All you need to do is to practice it from time to time when you gamble in a casino.
1709  Economy / Trading Discussion / Re: New trader looking to profit from the crypto market on: April 30, 2020, 05:44:44 AM
You can profit from active trading, or profit from running an exchange. What do you think will be more profitable? It seems like you're looking for something long term, so I suggest you research decentralized exchanges which makes it possible to profit passively from running nodes on the network.

Stakenet is a good one, which is ready real soon, and offers instant off-chain trading through the Lightning Network. It has trading view, is ready for bots if you want to use one like gunbot for arbitrage and much. If you choose to invest in a masternode, you can essentially profit from the fees on the DEX.

Whenever someone trades from BTC => LTC or vice versa, the fee's are sold on the DEX for XSN, which is distributed to the masternodes, this creates artificial demand for the XSN coin, and creates a passive income stream for years to come Smiley

Good luck!

When you are new in trading, you should understand that trading in the market is not that easy and you should know how to accept failures and losses. You need to know that crypto market is very volatile, most especially when you are using bitcoin. In trading, it is not long term because you have limited time to trade where the price is good for you because sometimes only thing you need in the market is technical analysis and patience where you can trade properly with a good timing.

Investing in cryptocurrency is a good decision because it will really give you what you are looking for, this is the best way to have profit IF YOU ARE GOOD AT MANAGING YOUR COINS. It is not that instant but you need to properly manipulate your assets in trading, all of the coins are important ETH, DEX, and etc., but I want you to prioritize using BTC in a volatile market.
1710  Economy / Economics / Re: Will the Oil be burned and how it will affect the climate on: April 30, 2020, 05:12:52 AM
Recently I heard some news that countries consider burning oil because there's no more place to store it.
I don't buy that reasoning for one second.  If countries are contemplating the burning of oil, it's not because they don't have anywhere to store it (unless someone can convince me otherwise).

Oil has been nothing but headache after headache ever since it started being used for oil lamps, heating, and in the production of gasoline and other petroleum products.  It's caused political, environmental, economic, and all sorts of other problems and I'll be happy when the world is finally powering itself with cleaner forms of energy. 

As far as whatever burning takes place because of the "storage problem," my guess is that it won't be done under ideal conditions and there will probably be some consequences to the environment.  The whole idea just rings silly in my ears.

In order to fight the pollution brought by burning of oil, each and everyone of us should plant a tree as much as possible so that there is something that absorbs the carbon dioxide and convert it into an oxygen. By that, we can still fight and lessen the pollution in the air and we can protect our ozone layer.

The reason why we have so much oil is because the only consumer of it are those who are using it in the household and factories who produces some stocks. This quarantine prohibits people to use vehicle to go outside to lessen the spread of the virus, we all know that vehicles are operated by oil in order to function.

I suggest to plant more trees everywhere and people should invent an oil that produces harmless air when it emit gases. If we lack of storage for oil then what if we make another storage for it, so that it will not be wasted and destroy the environment in burning it and make it wasted.
1711  Bitcoin / Bitcoin Discussion / Re: Which investment is a safe haven Gold or Bitcoin? on: April 30, 2020, 04:35:04 AM
Gold is a safe investment both for short or long term investment. The characteristic is not volatile, it will keep increasing along the time. However, the increase will not jump as high.
Bitcoin is a very promising investment, you can gain high profits only in a short time. However on the other hand, you may also lose a high amount in a short time. For, Bitcoin is high volatility, it is always fluctuating. We can control the price of BTC because the price will depend on the market.

Please tell me when do you think Bitcoin will replace gold as a safe haven and why?
I will not think about it because BTC will not replace gold. The two will exist and develop together without another should be replaced or replacing. They are a great investment for all.

Gold is really a good store of value compared to bitcoin that is very volatile in the market, and its price varies in time either up or down. That's why you should also manipulate your asset and not rely on the environment because market is not that stable. BTC is good in a market when you manipulate it based on the right time where its price is in its peak, Gold is just a store of value where you can really touch them and wait for the right time for it to sell. If you really want a high profit in a short period of time then choose bitcoin, but if you want a profit for a life long value then you should invest in Gold. The only thing you need is to watch for the movement in the market to prevent losses in your investment.
1712  Economy / Gambling discussion / Re: Do you think sport betting and gambling casinos are the first business to get up on: April 29, 2020, 09:34:37 AM
This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.
I think the Food industry and medical is the first who will Get back and recover from this one and gambling will be to follow because people have no Money now to gamble and they are prioritizing their family needs and will run until after this pandemic.
Most likely they'll get back up in no time since a lot of gamblers are looking forward on several leagues to resume as soon as possible and it's a way for gamblers to forget these rough times. It's also possible for some casinos to struggle because even if they're making profits it could be way less than the others. I think the key part for casinos would depend on how people would react once the lockdown is lifted since each country won't be having the same level of severity.
while gamblers are looking for sports to come back but the problem is if they are capable to bet?since all of resources has been spend because of quarantine and only those who has work from home can afford to still haev some extra money.

Food industry and medical? They are the most profitable sector right now because of the pandemic and they have a lot of budget for that because the government prioritized them. I think agricultural sectors are one of the business that will go up because the supply of necessities like food and other things will become in demand.

Medical industry is stable I think because they still got profit even if there is a pandemic, they are the one who are still working because their duty is to serve people and still the hospital is making money because of the patients. Hoping that our healthcare workers are still healthy and safe from the virus even though they are our frontliners who are at risk.

Online gambling will not that boom compared to other industry because people have no money due to the community quarantine that makes them unable to go to work because of the risk of getting the disease. They aren't able to have salary because businesses are closed for the safety of the workers and customers.
1713  Economy / Trading Discussion / Re: RISK and REWARD are not always correlated on: April 29, 2020, 09:01:19 AM
Absolutely, but sometimes they correlate. A trader with the needed skills and the technical known how will make a good reward from a higher risk trade and come out safe. Many have seen things differently from others, I have experimented this several times and have came up with good profits at last. During the re-market of cryptocurrency, I bought stellar and one of my friend was laughing my actions but, within some times I made a good returned with over 50% and he was shocked. I took the risk and returned with reward.

The risk is worth taking if you know from your instincts that a particular project will do good. I guess, you risk on stellar because in your mind, you know this project is worth taking risk for. Because if you do not believe in a project, I don't think you will risk your money on it. So basically, it starts within yourself.

It could be true because if you don't know or don't have the right information about something that you want to invest, you will have a high risk and you will hard to make a profit. By learning more about what you invest, you will know how to reduce the risk while you will know how to increase the reward that you can get from the investment. And I agree with what you say that basically, it starts within yourself because you decide what you want to invest.

And if we related to trading, if you can have the right analysis, you will have the chance to buy the right coins, and you will have the opportunity to make a profit. But the risk will always be there, and that will depend on how we can analyze the risk.

Risk is always much worse than the reward because the probability of you losing in trading is always higher IF you're not that knowledgeable in trading. Sometimes you can minimize the losses if you know how to handle your money properly and you're intelligent enough about the possible results of your transaction. Market is not constant and you should know how to deal with that because you are the one who is responsible for the adjustment and strategies that you will make to fight the volatility of coins in the market. I know that it is not that easy but your investment is in your hand and you are responsible for manipulating that in the market. You should practice your technical analysis to minimize the risk and get huge rewards.
1714  Economy / Economics / Re: The true value of money, is it always just a number? on: April 29, 2020, 08:28:35 AM
As a student, I always spent my allowance without keeping track on it and I always find myself surprised that I have little or no money left that I can spent for the intended duration of that allowance but that's in the past. I am more conscious now but not to the point where I kept track all my of spending rather allocate for savings that I might use in the future to buy something that I want or need while the rest I spent on whatever I want. Now that I'm into cryptocurrency more so in BTC then some part of it goes to investing or some sort like lending and etc.

...try to follow a 3:2:1 methadology or similar (also known as a 50:30:20)) - I'm quite a minimalist financially though to a comfortable extent.
It's my first time to have heard of this methodology or I might have heard it in the past but can't remember but either way I might as well try it. It seems simple and effective.

Money is not just a number because it will really help you survive in life, other people said that "Money can't by us happiness" but as we grow older, we really realize that life is about earning money. You can't eat food without money, you can't by what you want without money. Everything revolves in money so we can't say that money is only about numbers, there is something more than that and that's happiness and contentment. I keep on saving money because I know that I am the one who will benefit with my savings and it is not that hard if you really want to invest for something that is valuable. It is also applicable in holding a btc or other cryptocurrency, bitcoin is not just a number and there's an advantages using it.
1715  Economy / Speculation / Re: BTC value on halving on: April 29, 2020, 06:02:09 AM
hello everyone, i would put this in speculation board, but do not see it as speculation, since i expect from everyone to provide a bit of explanation with your answer on a question
halving is now just 13 days away and there does not seem that influence on the price is here, or you think otherwise, here is the clock to halving
https://www.bitcoinblockhalf.com/

i do think that halving is known to the community, but broad population is not aware of it, and media could cover this event, which should lead to people interest in crypto and BTC particularly. Google searches on bitcoin halving are rising https://u.today/bitcoin-btc-halving-google-searches-going-parabolic-prepare-for-lift-off and this should involve new people, what is your stance regarding influence on price?
Halving really influenced the price of bitcoin and as you can see even if we are facing a pandemic right now, the bitcoin price still able to push upward. Most of the halving triggered the bull season but because of the situation that we are in right now, the possibility that we will be able to trigger the bull season after the halving is 50/50.

That is why, I choose between 8-9k$ bitcoin price because the increase is not that much even if it is steadily increasing as days passes by.

We all know that halving will make the bitcoin price increase and there's a lot of factor that can affect it most especially the market and the users. The demand will increase and at the same time its price because of the number of supply becomes half of what we have now. It is not that easy to manipulate bitcoin during halving so you need to do what you should do in order to prevent losses and make profit. Don't mind the bull during halving, mind your own assets first and the bull run will follow. Bitcoin can possibly reach $10k or higher, we don't know but hopefully if that happens, we can seize the opportunity and make money out of it. Sometimes all you need to do is patience and proper execution of your strategy for you to become effective in any circumstances in bitcoin.
1716  Economy / Gambling discussion / Re: Many cryptocurrencies — how important is that for you in casinos? on: April 28, 2020, 08:35:45 AM
Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?


I think bitcoin so far holds the greatest usage when it comes to online gambling casinos. But I can see that platform of tron has started to make moves on their dApps for gambling. Ive seen a lot of campaign and new projects that are using trx for their gambling sites. For me, the best is still bitcoin as it so easy to buy it using even our fiat money. There are lots of tellers and even bitcoin atm to exchange our currency for btc and deposit it on different gambling sites.

But having a multiple crypto supported online casino is good provided that you can have support for direct fiat conversion for these crypto coins.

For me, I used bitcoin for so long in my gambling career because the thrill is there and i'm really comfortable using it. Bitcoin is not that hard to use in casinos because most of the gambling platforms does support and allow bitcoin to circulate in other customers. Using altcoins in gambling is not that enjoyable because the thrill is not there, the effect of winning is not that pleasant for me.

It is much better to win in gambling with the popular coin like bitcoin because its price is really high compared to other coins, although the losses are also big but it depends on you on how you will manage your bitcoin to prevent losses in gambling. Sometimes it depends on us if we are disciplined enough to stop when we are losing a certain amount of money.

Honestly, I don't prefer using ETH, DEX or other coins in gambling, but use them in trading. They are not that effective in gambling, I really support bitcoin because we need to fulfill our desire, the mass adoption and its globalization that's why continuously use of bitcoin is really good for it. Experiencing bitcoin in all aspect is really good most especially if it is for the benefit of you who will earn a big profit.

We have different perspective and favoritism in life and it is in you which one you will choose to use in gambling platforms.
1717  Economy / Trading Discussion / Re: Are you using a trading bot? on: April 28, 2020, 07:31:11 AM
Back in my forex days I tried dozens of bots and basically the end result is that none of them were consistent. They were usually consistant in certain trends like bear markets, bull markets or sideway markets however when the trends changed the bots weren't working anymore.

Another issue was that you could backtest each bot and it would prove profitable. However when applied to a real trading account you got massive slippage at times and the huge gains on demo couldn't be applied to real life.

My end result was that none of them work in the long run and are a waste of money. Just trade on your own if you want to be profitable instead of relying on a bot.

I suggest you to try Binance when you want to have a high percentage of having a profit in trading. I'm really comfortable using this platform because it allows you to use other cryptocurrencies that you prefer. It supports a lot of coin, bitcoin and altcoins, you just need to monitor it and manipulate it properly to prevent losses.

It is never easy to use trading bot because it is not a 100% profit, you also need to have your own strategy and keep track of it every minute or hour. But if you're confident enough with your skills in trading, then Binance is suitable for you. They are also responsive to the feedback of the people who use it in their day trading.

But if you're not that used in to bot, you should trade manually with your skills so that you're the only accountable for the effect and result of your trading. Sometimes trading bot is not that effective and necessary to use if you're good in trading. Some people only use trading bot if they are so busy at work or their endeavor.
1718  Economy / Economics / Re: How Will the current pandemic affect the crypto market? on: April 28, 2020, 07:01:12 AM
The crypto market works 24/7 and 365 days a year, and it is also a market that does not have to leave home to work, it is digital money.
Despite the current crisis, the prices of cryptocurrencies have not failed, the Community has responded positively in these difficult times allowing the growth of the ecosystem to continue.

It may not be at the planned rate, but startups and current projects have not stopped.
The sector that will grow is that of finance because it has shown that it needs to be updated according to current technological advances. We will also see more projects focused on health and charity.

I think this pandemic will really make a way for the digital transactions to become more useful and recognize by the community. I know that stock market will crash but the government should make way for that to recover although there is a pandemic. Government should also prioritize the market because it is the number. 1 factor to the manipulation of our economy. There are a lot of digital transaction that is happening worldwide with the use of cryptocurrency and fiat currency. Our technology is really advancing most especially people are used to pay bills using their online wallet. Hoping that there are more good things about crypto market that will soon happen because this is what we need, a community where people are open to use cryptocurrency in their transactions.
1719  Economy / Gambling discussion / Re: Boxing Takes Place Amidst Pandemic on: April 27, 2020, 05:07:46 AM
So boxing promoters from Nicaragua still proceed with their boxing match despite the pandemic, they have taken all the precautions  
Fighters are sprayed with disinfectant, ring girls don face masks and socially-distanced fans.

The promoters dismissed the coronavirus  and insist that boxers need to eat and feed his family

They have held this event because the number of infected is not very high in their country.

What do you think about this, do you think that some sporting events have a good chance of resuming?

Check the article to know more

https://www.dailymail.co.uk/sport/sportsnews/article-8258251/Coronavirus-Boxing-event-takes-place-Nicaragua-promotor-insists-boxers-need-eat.html
I wish they just haven't allowed the fans to be at the venue of the game was broadcast locally. Few or many the risks is till there since some carriers can't be detected that easily; asymptomatic. Sports has high chance of resuming but it will be stricter as never before remember they are mostly being flocked by fans but hoping it wouldn't happen this event organizers shouldn't just be on profit they can make instead for the health of their athletes and fans.

Will they be able to feed them if there life will be at risk because of the ongoing crisis? I think not.

This will be a problem if the audience will not observe social distancing. Even though the number of coronavirus victim in their country they should not be too complacent. If they will proceed with the event they could just broadcast it live on tv. Take note that coronavirus is also air bourne and this could put thier boxers or staff at risk.

Although there's a social distancing, there is still a risk of transmission because the number of cases will not define how safe a country is from the virus. Always remember that according to the professionals, the rate of transmission is 1:16 people, that's how fast the virus can spread from one person to another.

It can be passed by touching a certain surface by the infected person and infect that object and the other person also touches it. We don't really need to have a gathering right now, people should stay inside their home no matter what and just go outside if they need something to buy for their own survival.

This is really not the right time for making an event even if it is a source of money, the government should be responsible in supporting it citizen and giving them what they need to survive the quarantine. The health of the people is always important and should be prioritized before this boxing thing.

This will just give you the risk of getting the virus, although you don't have a huge amount of cases but the reality that there is someone infected in your country, it is still the same.
1720  Economy / Trading Discussion / Re: Don't trade what you can't risk loosing on: April 27, 2020, 04:34:11 AM
Don't jump into a pond, immediately after you see it because we never know how deeps is that that is what OP is trying to say.
But isn't that too obvious to post tho? I mean every one has got their thing to lose, and that includes every thing they have got. It's pretty obvious tho that you can't put a risk on something you can't afford to lose, although sometimes there are instances but that's out of trading anymore.

Well, people who have money and wanted to multiply then into more in short time may find crypto is a real opportunity but they don't understand the risk behind trading cryptos so they lose more.
I agree, I have done it once I almost tripled my money in just a day because of a single trade  Grin but the risk is too high for that I'll never do it again I swear. Crypto is for every one but trading? Uh oh no it's not.

With that mindset, it is necessary for you to always keep in mind that minimizing the risk of loosing is really helpful for you to have an effective trading career. Don't trade what you can't afford to lose because regret will always come after you.

Regretting what you've lost is really stressful and can affect your mental health, that's why you need to have a certain amount where you can trade without any regret and you're comfortable with that amount and also gives you profit. Crypto is not that easy to trade because there is something more importance about a crypto and its value differ from every country but not in the market.

It is normal in trading to lose a certain amount of money but it is in you on how much money you will lose when you don't have any strategies in trading. Stop loss is also effective in minimizing the risk of losing your money in trading you just need to read some information about that and how it will help you in trading.
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