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1761  Economy / Trading Discussion / Re: cryptocurrency trading courses on: May 05, 2022, 08:49:52 PM
It's true we will never know until trying it, after all based on my own experience, Udemy is good enough for beginners and also the price offered is cheap with the knowledge that we will get. Another positive thing about Udemy is that there are many positive reviews about Udemy, so at that time I did not hesitate to try trading courses on Udemy. But that doesn't mean Udemy is the best and doesn't have flaws, there are still platforms that are better than Udemy, but the price offered is very expensive.
I think this site is great enough since I've been hearing lots of these in the past but about the prices offered I think they can differ depending on the author of those courses. High quality courses doesn't usually come cheap but they can be worth it compared to those cheap ones where you cant become really good after finishing it. Udemy has a positive review but I think there are still individual reviews depending on the course.

We should look at them too before we purchase so that we know what to expect and we can minimize our chances to get scammed by picking a bad quality course. Social media is a different thing and cant be compared to sites like Udemy.
1762  Bitcoin / Bitcoin Discussion / Re: How do you spread BTC to people within you on: May 05, 2022, 07:26:51 PM
I just let those who are interested in it that I have been earning from crypto for long time now.
And I would tell them how my journey starts and how I earn on crypto.
So far I have some friends and even family members who got interested with it and also used it to gain extra profit.
Well, when you talk about profit people are definitely going to get interested in it. But, I don’t like going about it this way because whenever I tell people that I am earning from cryptocurrency, they always ask questions like, how much are you earning? How much will I be able to make?

And other questions like that, and I am not the type of person that likes to tell people what I’m into or how much I am making, I just prefer that it is kept secret and not being talked about all the time. But it’s alright if that’s how you like to go about it.
1763  Bitcoin / Bitcoin Discussion / Re: BTC cycles and super cycles on: May 05, 2022, 06:11:15 PM
The only global events that would break Bitcoin are a global Bitcoin ban and a World War III(or maybe a global natural disaster).If those events don't happen,I'm sure that Bitcoin will be fine and we will see another ATH in the upcoming years.Is the Bitcoin price moving in cycles?It probably is,but I don't care that much about proving this "cycle theory".All the hype around the BTC halvings is kinda like a self-fulfilling prophecy.The people are buying,because they are expecting the price to go up and their buying activity is what makes the price to actually go up.As if they are trying to pump the price on purpose. Grin
The chances of a global ban on bitcoin is very slim and I don’t see that happening. As for World War III, that’s the one thing I never wish to see ever happen in this world. Countries that have found themselves in war, it’s a situation that they would never wish to ever be involved in again, because it destroys everything about the country, including the economy.

If there happens to be a war, I don’t think that bitcoin would be affected badly, any effect that takes place wouldn’t be that much on it. That’s just what I think.
1764  Economy / Economics / Re: Does anyone care about the environment? on: May 05, 2022, 03:55:36 PM
I don't think that this is not gonna that much effect  on market . But Without knowing anything Some people say this is just part of the ecology system, but I would say bitcoin is part of the ecology system because bitcoin mining requires a lot of electrical energy and generates a lot of heat.  So I would say that if the scientists point out these, then the market will be affected, but it will not be too much.
It really won't. Scientists are the least listened experts of their field, most people in most fields get their words in somehow but when it is scientists’ people rarely listen to them. Most of the time it is not really that much of a big deal because it is not an important thing but sometimes it is very important like climate change and they yet still can't get themselves heard.

This is why I believe that "rebellion" will not be heard that much neither, because if they were capable of getting themselves heard then they wouldn't really need this to begin with as well. World will slowly kill us all and that will just be our demise because we did not care at the correct time.
1765  Economy / Economics / Re: Bitcoin Legal Tender in Panama on: May 05, 2022, 01:08:53 PM
Has this been signed into a law already? I have yet to read a news stating that this bill has already passed into a law. I think this remains to be a bill until today as President Cortizo has yet to affix his signature on it. So we will know in the coming days if this will be approved or vetoed or will be resubmitted to congress for specific amendments before being reconsidered.

So far what is clarified is that Bitcoin is not to be declared as a legal tender in the country, but a lawful currency which is to be accepted in private transactions as well as in government transactions such as paying taxes.

It remains interesting to know how the likes of XDC Network, Elrond, Stellar, IOTA, Algorand, and others have been included in the proposed law and whether they will pass the review of the president. 
It is not passed yet, it is basically offered and will be accepted but looking at who is supporting it, they have the power and they will pass it, so it is basically as good as done and that is why it was reacted this way. Legal Tender and what this approves is basically the same thing while giving people options to decline it if they do not want to use it.

This is why I believe that the best case to be made about the situation would be to make a profit if they want to use it, but if they decline it as a whole nation and just ignore it then this would provide of no use to any of us. Even the central Africa and El Salvador deals didn't help us, maybe helped them at best.
1766  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all hacked on exchanges are real on: May 04, 2022, 09:24:50 PM
actually no one really knows who is the mastermind behind the hack, but from the conclusions I read from the opinions here, the exchange party will definitely seek the truth if it is an insider / outsider who did it
and hacking is often used as an excuse for the exchange when the token value goes up 100% and even more so that there is an improvement
Even if it is true that this is done by hackers in carrying out hackers, it may be very difficult to reveal who is behind all of this, unlike if this is done by insiders, it must be very easy to find the perpetrators who carried out hackers, because after all access to enter the system is very dependent on the command. given, a hacker doesn't easily hack if not given access as a notification, there are definitely controls that can be turned off if this happens by an outsider
It's difficult but it's possible. Many crypto hackers on the past have been busted out by the authorities. Once some of the members gets caught, authorities can do something like scaring them to tell if who is their mastermind and who are their other members. If it's an inside job then that is much more harder to solve the case because no one will tell the truth as all of the personnel agreed with that before. They shared the money equally, that's why no one will betray the other.

Hackers are smart dudes and they can bypass any system as long as they are dedicated enough and it won't matter to them even if the security is strong or if they can't get any help from the inside.
1767  Economy / Economics / Re: Warren Buffett and His Expansive Explanation against Bitcoin on: May 04, 2022, 06:56:01 PM
It is good that he describes Bitcoin as having magic, indeed Bitcoin has magic so it enchanted people and attracted them to it, not black magic but the magic of the high features and characteristics of Bitcoin that make it superior to the dollar and any paper currency in the world, a pathetic bourgeois, who will never understand how Bitcoin works and how it holds that value and that magic!!! I expect if he lived in another country that accepts Bitcoin, he would have said something completely different!!!
Unfortunately the magic in btc is not strong enough to capture Buffett's ancient thoughts and modify them into today's views to understand the core value of btc and it's superiority over his so ever cherished dollar. Even it latter make sense to him, I doubt people like Buffett will publicly want to admit their short comings, he would rather remain stubborn about it all.
Bitcoin's magic is too strong because even top personalities like elon musk have been using btc and not only that but there are also big companies that invests in btc's up to this date. This guy warren is simply not into bitcoin but he prefers other types of investment that are more common to him. We we can't deny that because he is getting old already and usually older guys are not into technical stuffs.

@yhiaali3 if btc has a magic (the good use) then I think there's also black magic or its bad use cases. This is why many are against btc because they can see that btc can be use on wrong doings like money laundering, scams, hacks, and etc.
1768  Bitcoin / Bitcoin Discussion / Re: Unregulated Trading Platforms on: May 04, 2022, 05:02:26 PM
What he said was even quite confusing as he said that it was a trading group and later said it was a trading platform. Well, whatever it is, as long as it is as scam, there is no way that he is getting that money back. It’s clear in cryptocurrency that any wrong transaction you make, there is no reversing back. It’s not like PayPal where you can send money and reverse it if there is a problem, there is no such possibility. He should have done his research before investing his money into that platform, instead he chose to trust them with his money and when he suspected it’s a scam is when he decided to make his research.
I mean there are way too many people who get fooled by people and lose their money, it wouldn't be the first, hardly in the first million probably. We have seen so many places that stole money from people and honestly it is definitely not a deal that I would be upset about neither because if you are gullible enough to think that someone will make you richer than you could hope for, just because they will take some shares of that profit, then you are too gullible to be rich anyway.

The rich become rich because they are ruthless and cunning and they do not let emotions get in the way of money, they do not have trust for anyone but just profit.
1769  Economy / Trading Discussion / Re: So Many Exchanges out there on: May 04, 2022, 01:35:14 PM
I remember how Changelly have me my first start in crypto exchange. The site was user friendly and transactions were speedily done. Then, there wasn't any need for a KYC. Just an email for registration, that was all. I used to exchange my earned BTC from campaigns to Dogecoin on the site. There were few cryptos I knew back then and I felt those penny coins would explode like Bitcoin was doing at the time in 2017. Dogecoin and Lisk were among them. I later got onto centralized exchanges and began real trading and almost forgot about Changelly. Fast forward, a few years later I tried using Changelly again and discovered that it had added requirements that made privacy meaningless.
I do believe that there is a good case to be made about the "newbie" part of it just yet, I am not saying that it is not a good or bad question but at the end of the day there are so many exchanges that it is impossible to decide which one is the best one.

It kind of depends on where you are getting it from as well, that would be a hard decision, because if you are from the USA then it’s different but if you are from another nation then it’s different. Changelly was one of the first I used as well, I can remember as further back as mt.gox using as well and it wasn't that bad, then cryptsy was there, and so forth, it turns out all the "big" ones could go down under one day.
1770  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoPoly - A play to earn game in the POLYGON network on: May 03, 2022, 09:45:05 PM
game theory on Monopoly is planned for one game, after that it's over. There's no incentives for anyone to play after others are broke, which is the goal of monopoly. So how have you solved this? Why i would buy anything that has no value after one game?
Like other multiplayer games, if some of your opponents get busted, they will be replaced by other players that are already in the waiting list. If you are worrying about incentives they also have it. It's said that losers of the game can be able to receive their own token called "LEE". They didn't lie there when they say that it's a win win.

This is gambling and the chance for someone to lose and to go home broke is always there but if they don't want this to happen then they shouldn't gamble at the first place. You aren't buying anything her. You aren't going to buy their game because it was theirs but what you're only going to do is to deposit and play.
1771  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How will Coinmarketcap look in 2025? on: May 03, 2022, 09:22:09 PM
The prices you gave for Bitcoin and Ethereum have been very realistic, we will see them close to this level in 2025, I agree. But your estimates are a bit too much for other altcoins. When the year 2025 comes, I will go back to this subject again and see which prediction is the closest, I am already wondering.
What is clear is that 2025 is still a long time away and we never know what will happen from year to year.
Bitcoin looks like it will still rank first on Coinmarketcap,
better just follow the progress from time to time
But, we can look at the past record of the coins to have an over view if what to expect next. I think one thing is for sure and that is there's always be up and down in the price, year after year but despite of that, btc and eth are still on their same position so I believe that no major changes are going to happen with these coins. that, also the reason why the prediction of the op for these coins are more realistic than to the other altcoins however his rankings are only bit off.

Following the coins progress should always be there if you are investing or trading because that will give you a go signal if what to do next but you must also learn to accept whatever you will see, whether that's bad or good.
1772  Economy / Economics / Re: Binance blocks crypto accounts of relatives tied to the Russian government on: May 03, 2022, 08:44:54 PM
I really can't decide myself whether this action is proper or not.
Ah so you want us to help you decide? Well, for me this action is improper because number one, Russian citizens are innocent and it wasn't their fault on why there is a war between their country and Ukraine.

Number two is, the person is away from the country of Russian but the sanctions are only supposed to happen under the country of Russia and I am curious if how they will know that the person is relative from those who live in Russia? Did the authorities force them to tell? And maybe they give threats that if they don't tell, the truth, something bad will happen to them. They don't have a choice and their relatives but to follow the order.
1773  Alternate cryptocurrencies / Altcoin Discussion / Re: What Top Coin values should I look at ? on: May 02, 2022, 09:44:26 PM
There are so many top coins to buy this year, one thing is to fund your wallet, then the next thing is know the coin you want to purchase. Crypto is not a get rich scheme or a Ponzi scheme that is either based on referrals or daily earnings. Top coins that I'm aiming to bagged this year are the stable coin on Kucoin, KCS which is currently at $17, then another top coin to purchase is BNB when it's dipping. Another coin on my mine is BGB which is currently stable. These coins in a few years, they will pump massively and hits their ATH( all time High) price.
The production of cryptos doesn't stop ever since their world began, which is why we end up with so many good top altcoins now. Having a fund is indeed one of the main things that we should consider because I notice that so many people ask for suggestions like if which coin are good to invest but in the end they haven't invested anything because they still don't have a money in their wallets. They are only good at planning and daydreaming of adding a coin to their portfolio.

But, sadly this is what others think about. The creation of new scam coins makes it more possible but on some platforms, you can get an extra income if you refer more users and they also have features like daily earnings upon signing in every single day.
1774  Economy / Economics / Re: The first rule of investing is saving on: May 02, 2022, 08:54:21 PM
I agree with you and I think while investing, one should always put this at the back of the mind to not invest more than they can actually afford to avoid being panic aftermath of putting the funds into it.
We should save first before we enter the world of investment, because investing takes a very long time, sometimes we also have to wait years, so we must prepare ourselves to manage our finances, we must not be careless we must be able to manage our finances so that we don't get caught up in financial problems.
When we know how to save, that means we are now ready to invest because both have their similarities. That is you can't pull out the money immediately but you should wait a year or the longer the better. The good thing about investing first is that it's okay to lose your investment because you know that you still have a money left.

You cannot go home empty. Also by that, you will have the courage to to wait for a long time and there is no pressure or panic, whenever you see the price dumping. Long term investment is hands free not unlike to trading that it needs monitoring so it's okay to be careless as long you invest on a good quality coin.
1775  Alternate cryptocurrencies / Altcoin Discussion / Re: Using Crypto profits on: May 01, 2022, 09:19:15 PM
I personally convert some of the money I earn from cryptocurrency into money and invest some of it by buying Bitcoin Binance Coins.Because I saw that everything is needed for the future. If Bitcoin is pumping up a lot of price at some point then maybe a good one will come out of here. Even if Bitcoin is dumping a lot again But I can use my bank money for my needs.
That’s a good one, I also do the same thing; there are times that I would make profit and if I don’t know what to do with that money, I would just invest it back into Bitcoin. Although I don’t just invest it back, I first of all check the market and whether it is going to continue to increase or not.

And if I feel that there’s going to be a downtrend, I would just put that money into a fixed savings account where I would lock it for a period of time, and after that, when I see that the cryptocurrency market has maybe returned to a lower value or the price has been corrected after a bullish trend, I would then invest back into the market at a lower rate and also continue to hold.
1776  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Installed in Mexican Senate Building !!! on: May 01, 2022, 01:51:34 PM
Not so much about being 3rd world countries but about the way they do it, and the motivations behind it. These are highly corrupt countries with a lot of inequality and mismanagement of economies, and even leaders who have terrible human rights abuses. And we love to prop them up as role models and example of Bitcoin when they are just running the next scam to rob their people which happens to be Bitcoin.

It is not even about Chivo wallet man Smiley
We do not need the government to tell us whether to make use of Bitcoin or not, and even if I was living in one of these countries, I wouldn’t make use of a cryptocurrency wallet that is being issued by the government. I would prefer to make use of another cryptocurrency wallet mostly the ones that are decentralized are not controlled by any institution.

If you are making use of a wallet that is owned by the government, or any centralized  institution, they would be able to control your funds and even be able to freeze your account whenever they want. So it’s best to just avoid all these people if you do not want any problem with them in the future.
1777  Bitcoin / Bitcoin Discussion / Re: Why is it bad to leave crypto on exchanges? on: April 30, 2022, 09:56:53 PM
It's a actually not bad  in my personal opinion especially if you're using an exchange that has good security and very trusted also and well known of course, coz on that case you can assure that your money is in a safe place.
But like what other said that Not your key is not your coins, well my answer for that is don't store your money for long time and stop using it as a main wallet, i mean just put what amount you want to trade then dump your profits immediately to prevent bad situations.
Yeah, I have also been using an exchange, although not as my main storage, but they have been quite reliable. That’s why it’s good to make use of those bigger exchanges, they always knows how to store assets that belongs to their customers, by using safe means of storage.

And we should get to know how the exchange we choose to use goes about storing customer assets, whether they have an insurance that covers any form of loss or they store with a cold storage and things like that, it is really important piece of information for us to know.
1778  Economy / Trading Discussion / Re: Can newbie become rich with trading on: April 30, 2022, 09:26:12 AM
from newbie we move to advanced traders and it take long time to pass but everyone could pass this stage as long as we use our time and resources well. for first year maybe we just spend our time to learn and observe about market movement with demo account or use real account with small balance.when it get good result , moving step head with bigger account and regularly open trades that using our own trading system and dont influenced with other opinion.
Newbie to advance? I think that was too fast and it seems you skipped something. I forget the term but there is next after a newbie and before being advanced or pro. 1 year is long but it's up to you if you will use this only to learn, observe and practice. I think after that, you will become a very good trader but you must still start trading with smaller amounts because it was still your first time.

If you feel that you're doing good or you are familiar on the platform that you're using, that's the time to up your game. Using our own start is nice but it's not bad to see how other traders doing with their trades. You can interact with them and exchange ideas to improve your trades both.
1779  Economy / Trading Discussion / Re: Some Errors We Make In Trading Crypto on: April 29, 2022, 06:36:26 PM
Errors are something you cannot avoid forever in crypto trading because we learned from our past mistakes to become professional in crypto trading. Many people knew when to buy coins to prepare for a better future through the errors they made some years ago in
Crypto trading, that make them to understood, buy when the price is low and sell when the price is high in the market . Don't allow little errors to make you give up on crypto trading because sometimes those errors happen for you to plan bigger, in away you will never experience errors in crypto trading.
There are always errors in everything we do. For someone who is a trader, it is good to have a relaxed mind, do your research and try to learn from the past experience of people who have been on the platform and trading years before you. It’s really going to be helpful and also we shouldn’t be in a hurry when we are making a decision while trading.

It’s always good to know the right time for us to trade and when we shouldn’t be trading in the market. There are times that the market would be in the worst condition, and if you try to trade. it wouldn’t really end so well. So it’s always best to know all these things so that we wouldn’t fall for it.
1780  Economy / Economics / Re: The first rule of investing is saving on: April 29, 2022, 03:38:09 PM
Besides not always being profitable, investment is also not an easy thing, so you need preparation before starting.
it's better to use cold money to invest and of course it's to minimize risk,
The most important thing is to understand first about anything that is related to investment
Depends on the investment, and the amount of money you have. When you have cash, it is better to invest into real estate, because it pays itself off and you would be getting richer with someone else’s money.

Getting a mortgage at a good interest rate, buying a house, remodelling it, then renting it out means that by the time your 20 year loan ends, your house would worth a lot more than the loan itself, meaning you took out money that isn't yours, and used it for something and paid it back with money left in your pocket. However, in crypto there isn't an option like that since we do not know if bitcoin will be 10k or 100k tomorrow, hence the risk, we know houses will be valued higher, that is not guaranteed in bitcoins situation.
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