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1741  Economy / Economics / Re: WORLD CRISIS IN 2018 on: December 03, 2018, 05:46:46 PM
I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.
Also include the increasing debt of China which can also result to a world financial crisis again. I think cryptocurrency will be fine if this thing happen, and the current dump in cryptomarket is just a result of its own problem and not because of the crisis rumor.

Now there are indeed several countries in the world experiencing a global crisis in 2018,
Like country:
1. Guinea Khatulistiwa
2. Puerto Riko
3. Venezuela, etc.

the global economy continues to deteriorate and it is predicted that there will be a number of countries in the world economy will worsen in 2018. the reasons vary, starting from the existence of international sanctions, corruption, to natural disasters that have a major influence on the economy of the citizens.
This has a huge effect on cryptocurrency at this time, hopefully in the future all this can improve, especially crypto and Bitcoin.
Those countries are indeed in the crisis right now and I think the situation in Venezuela is getting worst as the inflation continues to increase beyond our expectation. Yes, i hope cryptocurrency can do something good about this crisis and don’t follow that down trend in the long run.

Well crypto seems to be having it's own crisis though i think this market will pull through faster than what's happening outside it. The factors that affect the crisis in world economy is harder to cope up with than the volatility we're having in crypto.
1742  Economy / Trading Discussion / Re: WHY DO WE NEED A TRADING PLAN ? on: December 03, 2018, 04:19:30 PM
Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion.  Wink
Yeah dude trading plan is most essential for our success in trdaing. If we can make a good strategy for short or long term trade then we will get much profits without losses.
maybe trading one of key success in our trading result.in this plan, we write some important information about why how about our trading.so this is why we really need it.
of course the plan will determine your win, in price market can drift and drop at any time. and if you don't make a plan such as how much profit you have to take and how much loss you can receive, so when you analyze it you won't be confused what you will do afterwards..

Lol. I chuckled a little with a plan removing losses. You can't remove having losses from the equation since you will lose money one way or another. Having a plan makes you flexible on what to do if that happens. In the course of making plans you'll become more aware of what you're getting yourself into and that is already beneficial.
1743  Economy / Gambling discussion / Re: UFC Fight Night 142: Dos Santos vs Tuivasa Prediction and Info Thread on: December 03, 2018, 04:12:10 PM
Here is the result of the main card. I highlighted the winners.

Junior dos Santos vs. Tai Tuivasa KO/TKO Round 2 02:30
Mark Hunt vs. Justin Willis Decision Round 3 05:00
Tyson Pedro  vs. Mauricio Rua KO/TKO Round 3 00:43
Jake Matthews vs. Tony Martin Submission Round 3 01:19
Paul Craig vs. Jim Crute Submission Round 3 04:51

Nice to see Mauricio "Shogun" Rua win. He last won March 2017, that was 1 year and 9 months ago, he lost on his last fight with Anthony "Lionheart" Smith  last July 22, 2018 at also at UFC Fight Night. This is actually Mauricio Rua's 3rd straight appearance at a UFC Fight Night event. He won 2 of the 3 events.

Was rooting for the super samoan there but i'm happy for shogun and jds. Though i'm not sure they have what it takes anymore to climb to the top of their divisions. Mma fighters have evolved from back when these two were champs.
1744  Economy / Gambling discussion / Re: Tyson Fury vs Deontay Wilder: Predictions thread on: December 03, 2018, 04:06:33 PM
@eaLity. Agreed! What are the chances that the fight was fixed and Tyson Fury went down 2 times on purpose to make this fight end on a draw?

I reckon a draw would give the sportsbooks with a large win from the bettors hehe.

And it would hype people up for a rematch that would again draw big bucks lol. Can't believe the 115-111 card for wilder lol. Heavyweight boxing came alive though after quite a long time.
1745  Economy / Gambling discussion / Re: Fiat or crypto betting in bear market? on: December 03, 2018, 04:01:07 PM
I see no sense in your words. Does it really matter in wich cyrrency you bet on sropts? I prefer both of it because for me it really doesn't matter. However a lot of fiat bets requres KYC and at this time there are a lot crypto bets without KYC. So I think it depends personally for everyone.

Well sometimes it can be put into consideration especially if the gambler doesn't have that much to begin with. Though crypto gamblers wouldn't really notice the difference in conversion i think. Personally i'd rather keep my coins and use regular currencies for things like gambling.
1746  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: December 03, 2018, 03:46:49 PM
Just sharing this.

I just saw a facebook post (can't remember that page) that says Lebron has no chance on the west.

Then it showed Lakers and GSW's current standings.

GSW = 15-9
LAL = 14-9

Those people who said he has no chance are simply haters who want to see the guy fail. They'll always try to find something to throw against lebron regardless of how far he's come and how far he can take his new team.
1747  Economy / Gambling discussion / Re: On what kind of gambling you got maximum reward from betting? on: December 03, 2018, 03:43:10 PM
Few months ago the highest i've won from a sportsbook was like 40 - 50 mbtc in a single bet I mainly bet on soccer,basketball and esports.

Started with a small bankroll ~5mbtc after several wins in a row (risked nearly 50% of my bankroll per bet) I managed to quintuple my bankroll then decided to withdrew some of it. After that I kept on betting and was surprised to win more so I decided to put a big bet on Chelsea to win ~50mbtc the odds was like 1.80 against PAOK.  

Lurking on the sportsbook subreddit helped me achieve the biggest win (for me). Most of the daily picks posted on the sub have a reasoning that gives you confidence to follow.
This is right now a day we can get alot with simple games even in many areas people are getting on this. We should try to play with the games with small effort but huge profit. I personally prefer to play with dice, cards and basket ball as it gives me better profit. People get income as you have mentioned so over all such nice discussion.

Probably just a good day for you dude. The exact opposite may be happening to another gambler while you're on a lucky streak. That kind of situation is what draws people more into addiction.
1748  Economy / Gambling discussion / Re: The key reason for gambling on: December 03, 2018, 03:38:21 PM
Well with your choices, it could either be one or all. I'm pretty sure most gamblers have several reasons why they spend time and money on the betting table. Curiosity, the wants and needs for essy money, the excitement, you could add a whole lot more reasons for a gambler.
1749  Economy / Trading Discussion / Re: Is trading stressful for you? on: December 03, 2018, 01:25:07 PM
All of the traders are experiencing stress nowadays because of the crashed of the market. It is hard to do trading nowadays because of the abnormal movement in the market.

What makes you say it's abnormal? What is a normal movement in this market anyways? And i disagree with you about all traders getting stressed out. I for one, am not feeling anxious at all. It's situational dude. Some traders can't afford to watch their assets go down since they probably prepared only to go short.
1750  Economy / Trading Discussion / Re: Ways of making money in crypto currency on: December 02, 2018, 05:24:58 PM
Crypto trading and bounty campaign is not profitable anymore like last year.  Maybe you can try airdrop program and affiliate program. 

Well I don't believed on you, you are totally wrong with that kind of manner. As you stated in the above mentioned it is shows that your not in the stage yet of being deep in this field of industry. Crypto and bounty campaign are both still profitable you just said because the market was down now. But it is not the right of basis anyway.

We it still is profitable for some but not as profitable as a couple of years ago. Fewer campaigns that pay in btc, more and more bogus bounties and airdrops that waste people's time, less services offered. Back then we even have faucets that can give you decent bitcoin if you're patient enough.
1751  Economy / Trading Discussion / Re: Bottom is in !! on: December 02, 2018, 05:17:42 PM
It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I am also believing the bottom has already arrived. We can be sure about trend change hereafter. But, we need more confirmations to occur in order to make new positions. Please do not rush to buy right now. Waiting for more confirmations to occur will be the good idea for assuming the bottom has already in.

For the worst case we may get price lower than $3500 but definitely not lower than $3000. Hence, buying right now and holding for some months will enable  anyone to get profits from this volatile market.

However, there is still one more option. There may be another wave - the price of Bitcoin will increase to about $5k, maybe even $7k, and then fall below $3k. Then the bottom can be found even below the level of $2k.

I've grown tired of trying to figure out where the bottom would be lol. I was really confident just last month that we've already bottomed at 5.8k and never imagined we could get this low. Especially during the last quarter. We may or may have not yet reached the bottom but i'm just going to leave my coins and check next year 😅
1752  Economy / Trading Discussion / Re: I fail in trading on: December 02, 2018, 05:13:14 PM
It was very easy to trade last year. Even beginners were able to make good money. This year is very difficult for trading, many investors lost money. Need experience.
Yes, was the best time to learn crypto currency trading for beginners because the market was simultaneously gaining some pump in price but people seems not to understand that crypto trading was not meant for everyone and every years, season and times have the kind of strategy which cryptoneir have to apply.
current condition and last year totally different.at this moment too many fud in cryptocurrency market, meanwhile last year people very optimistic with bitcoin and altcoin price.


There's really no perfect time to learn trading. It's the experience that you garner along the way that'll give you an advantage. I think's it's even better to try and study the market in a bear trend like this compared to when we're always getting positive movements. This is when you'll learn how to react when the market takes away your money.
1753  Economy / Trading Discussion / Re: I'm loosing. What to do? on: December 02, 2018, 05:10:28 PM
What to do now when things get worse every day, only hold will help us? Who is trying to survive in such a market? Your advice, friends!
You should look for a new job and wait as the market grows again. Me and my friend have lost more than $ 20k and now we have to find a new job and still hold his altcoins. This is a way for us to survive the recession.
maybe this is best way for us to avoid stressed.moreover our loss reach $20k, its very big us and better to hold it till good news come to market and all cryptocurrency price rebound.

Looking for other activities to momentarily distract us from price movements that are in a downtrend is the best way to avoid panic and possible missteps in managing our investment. Make our minds relax with new stuffs and things.

Wow 20k isn't a small amount dude. Though it clearly shows your trust in this market and yeah it's reasonable to hold until the market recovers. The problem is the amount of time it will take to get there. I think there are a lot who can't afford to wait for months to exit their positions.
1754  Economy / Trading Discussion / Re: What is going on in the market? on: December 02, 2018, 05:07:29 PM
Market is really unpredictable and as recently price of bitcoin was fallen drastically. Only one news can ruin the market of any crypto coins after hard fork of bitcoin cash market is act like red phase.

I still really do not know why a lot of people are attributing the bitcoincash fork to the downtrend in bitcoin at the moment. Even with the whole hash rate war thing, basically, no one actually cares, and even if it is because of that, it is a good thing to actually see the market giving an opportunity to at least be buying pretty low in the market. More like a bonus or the market offering its own black Friday. Grin

What is going on in the market at this moment is the market giving the smart ones the signal to start having bullish mentality but unfortunately, people only tend to have bullish mentality when there is FOMO, a time they should even be scared.


Well at first i also thought that it was people being confused about that bitcoin cash hardfork but as the week progresses and the price continues to drop, evidently it isn't the case. And i agree with you in a way. People's mindset should be the other way around when things are bullish or bearish. Though of course, it's normal to feel anxious when you see your assets plunging. That's why you need nerves of steel when you deal with this market.
1755  Economy / Trading Discussion / Re: Do Not Panic! on: December 02, 2018, 03:04:27 PM
Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!
That is the first rule that we should remember if we are trading cryptocurrencies. Panikcing can lead us to create bad decisions and bad move. We can easily lose our money if we keep panicking.
Yes, that's why we should be always calm and avoid panic because the bear market will always have an ending and can be turn anytime into bull market. We should look for buying more cryptocurrency in these days because surely in the near future it was been going up again that possibly give us a huge profit just by holding it.

Well there have been a number of good reports concerning etfs and even a state accepting btc for tax payments. And even though the price may not react to these as much as we want, in the long run crypto will be relevant. I think that thought is enough to prevent myself at least, from panicking.
1756  Economy / Trading Discussion / Re: Be careful with fake exchanges on: December 02, 2018, 03:00:53 PM
It's very important to bookmark the favourite sites you visit often. These crooks have devised a means of cleverly cloning these sites and it's very difficult to detect for the non-discerning
Even though you have bookmarked the original url, but if your computer has a virus it will be useless, because usually it will be redirected to another site without your knowing it. Many people say that the decentralized exchange is safer, but the fact is that hackers always have another ways to steal it.

It's always up to us to be extra careful pretty much in anything we do online. There are steps we can take and though it may take a little more time and effort, i think it's worth it when it's your privacy and assets that are on the line.
1757  Economy / Trading Discussion / Re: Can I still get wealthy through Bitcoin? on: December 02, 2018, 02:50:12 PM
As you can see, the market is starting to turn green and in principle, each new technology needs time for good growth and there are all the prerequisites for digital money to become an excellent payment instrument
therefore now a very big opportunity for all of us can become rich in bitcoin, because if you buy bitcoin to hold it for a long time, of course I am sure you will get a big profit because Bitcoin is experiencing a yearly increase in good prices
That's right, as we look the history of bitcoin since from the start it really too far from the current price we have now. Those early adopter it surely they are billionaires right now but we could still have chances to be like them if we confidently invest crypto especially for Bitcoin.

Lol. Too optimistic right now eh? If it were that easy then we should be seeing a lot of positive statements from early adopters. Regret is mostly what's coming from them since they didn't have an idea it would get to this point. If you expect to be rich that easy, then you're likely to end up with disappointment and regret.
1758  Economy / Trading Discussion / Re: Are you making money in this bear market? on: December 02, 2018, 02:41:52 PM
Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market.  Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.


It is actually hard to earn or make money during this kind of market situation. We could earn a little through day trading but not as much as what we earn before. I guess buying would be perfect for now and holding until the prices go back to normal.
Of course it will be increasingly difficult because prices will tend to decrease more often. you have to trade faster and make choices quickly so you don't lose because you are left behind. I also make a profit from here. just monitor more and be more observant

Indeed. Timing is essential though i think it's the same for a bull market, where the challenge is getting out at the right time. I think it's even more difficult to make money when the market is stagnant compared to a bear or a bull market where movement is constant.
1759  Economy / Trading Discussion / Re: Blood everywhere on: December 02, 2018, 01:42:37 PM
now blood loss is everywhere, at this time I also suffered a lot of losses, everyone definitely suffered a loss, looking for profits is very difficult now, the most important thing is to keep trying
Keep trying and be patient.
We will never get worried of what happen today cause it is somewhat to filter the true believers in crypto. Our market crying badly but I've never loss my hope and I'm still positive that this bearish season will end up soon and makes everyone to smile again.

Well if you really believe in this market you've gotten yourself into, you won't lose faith in this market. We've started at a very low point anyways and we've been in the same situation several times before already. In this kind of industry you have to look at the bigger picture most of the time.
1760  Economy / Trading Discussion / Re: I regret that i entered trading too late on: December 02, 2018, 01:39:44 PM
It's never too late to enter the trade and one added value when you enter when the altcoin price is fairly low so you won't lose too much money when you study and experience errors.
Our delay in selling can be a good lesson, we can predict prices, we can make more observations to be able to determine the steps we will take, bitcoin and altcoin can we map price movements that might occur, we can see good potential with see price movements that have occurred, so delay does not mean failure, but a fortune is delayed.
There isn`t such thing as late for trading, it`s something that you can do all the time, 24/7. It`s late to be an early adopter, to buy bitcoins for some very cheap price and just hodl, but if you believe in very high price one day than it`s not late even for that, buy now hold for minimum 10 years and you will be an early adopter for many people and you will have great profit from that.
Every day is potentially a good day for trading and making profit, holding on other side is something you do for years, don`t mix those two things.

The thing some of these people complaining about being too late is that they don't take the opportunity when it presents itslef. Like now. If people really are into crypto, then instead of complaining about the hard bear market, look at it from another angle. Here's a good chance to get in at  fairly low value so that they won't have any regrets come the time a bull run commences.
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