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1761  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which will be the new NFT series? on: June 12, 2022, 04:48:16 PM
Everything is indeed quiet specially on a bear market which isnt something new or something unusual.We've seen different NFT's series which do even touch up gaming aside from those iconic pictures and images which is something that really good or to those who do have actual utility but now we arent seeing that new into this market which might spark up different peoples interest but i dont see for it to plummet out but in overall i dont see any relevance for this to be that good idea in terms of investment.
Nft's are related to crypto but I just think that they shouldn't be affected by the bear because their criteria is different like their price doesn't depend on the exchange or to the market but it is only based on the individual that owns and sells them. If they are quiet it can mean that they are slowly dying or the hype that surrounds them are now over but I guess both are the same since we think that nft's are only based on hypes and that is the only one that makes them alive.

Even if there are new series that will come up eventually, I think it won't get any interest so better if those devs don't take the time to create one but they can instead focus on making useful cryptos.
1762  Economy / Economics / Re: PayPal to allow cryptocurrency buying, selling and shopping on its network on: June 11, 2022, 07:44:40 PM
PayPal certainly sees great potential when it comes to accepting bitcoin and cryptocurrencies, especially at this time the volume of PayPal transactions continues to decline because many users choose cryptocurrencies for transactions, and the thing to watch out for from PayPal is verification which is still difficult for those who don't have a credit card.
They are aware that cryptos are starting to get popular so they will collaborate with it to get a piece of this popularity. What a smart move there by paypal. They will do everything just to keep their dying company alive. The reason why many people can go crypto over paypal is because it wasn't strict and less hassle to use.

For verifying paypal. This was difficult on the past where the only way to get a credit card is by applying it the traditional way but nowadays anyone can get a credit card online and there is no need to wait for a long time or fill up many forms but still its too late to use paypal since we already have cryptos that works much better.
1763  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Nearly Bailed Me Out on: June 11, 2022, 02:39:05 PM
Could never happen to me as have always kept a close eye on all my stashes, save the few faucet sites way back when I didn't know what I was doing or never had a wallet. I do often think back on all those dust -- back when minimum withdraws were still $10 or something and BTC wasn't even $1000. Pretty depressing fantasising.

I do have some alt wallets thrown out I'll never recover. Proper deleted and wiped HDD in a sordid spring cleaning exercise years ago. One or two make me shed a tear heh.
The point you said it could never happen to you got me laughing hard, like you are always keeping a close eye on them. It’s necessary you do so for fear of losing out, because it’s almost like a risk, forgetting or abandoning your wallets. I do love the way the whole system was configured, you get to re-access an app, an account or wallet after so long. Kudos to technology, Kudos to Crypto.

In all and in general, I advise everyone to find safer places to store their key phrases, screenshots are not mostly reliable on, because such backups could fail in most cases!
1764  Economy / Trading Discussion / Re: Trading Emotions on: June 10, 2022, 08:25:14 PM
It's not just that simple like how you imagine because it requires a great discipline in order to master or control your emotions. And trading as well is hard unless you have the experience but without either discipline or knowledge then you are most likely going to lose in trading.

Plus not to mention the other factors that will put your investment at risk so you really have to work yourself on how to minimize the risk when it comes to trading.
I think some people are just born to be naturally emotional and they have a hard time of controlling their emotions. The tone of your comment seem like you are one of these people. To some they are not like that but if there are problems that they might face that would be if how to trade properly to be able to make a profit. If we know that we don't have a knowledge and experience in trading, why will we engage on it directly?

But, it would be better if we first learn it and then take time to practice it using demo trade so that no losses are going to be felt until you think you are ready for the real thing. Minimizing the risk is also important so that we can minimize our losses as well.
1765  Alternate cryptocurrencies / Altcoin Discussion / Re: Earning in a bear market on: June 10, 2022, 07:06:48 PM
Then it seems like staking isnt safe at this period, I would have gone with the stable coin staking advice but is stable coin safe too? Because after what happened to UST from the Luna team I've become very careful with stable coins like USDT and others, thanks for the advice I will just stick with mining only.
It is safe as long as you choose a safe staking platform and a safe coin. Don't ever try compare ust with other stable coins because they are not the same. What I heard is ust is an algorithmic stable coin but the standard stable coins that we know like usdt, busd, usdc and dai are not like this so they are definitely much safer. Other than trying to stake a coin, you are also mining a coin?

Nice, but mining can be hard as many factors are involved like electricity, maintenance cost, network difficulty and so on. If you want to you can also try buying btc, during this bear. With btc, there is no need to worry anymore or doubt about its safety.
1766  Economy / Trading Discussion / Re: Bear market every team will pump their own coin on: June 10, 2022, 02:49:51 PM
Bear market what is might coming if fed really really decide to cut off big money dollars if they do so.
If they have enough money to pump what's the harm, for every coin they create, which is the problem right now they always rely on investors to do it, the evidence has happened to Luna coins, in fact they can't afford to resurrect Luna coins again, instead creating new ones, reasons for not having funds.

Most of them founders and teams, the coin hopes to profit from the bear market and head for the fortress market, they really can't afford to pump it, for that, trade and invest in coins that are really the team/founder who is responsible for any incident that occurs to the coin, That's why it's 2022, if you do something about coins, choose one that investors and the market really trust, like Bitcoin, Binance and Ethereum.
Funds are lacking for all the projects, these new projects that we are seeing right now are created for one and one reason only, which is making the project creators richer. Do not confuse all these new project as "improvements to crypto world" or something, sure some of them could do it but that is still only for the team to get rich and nothing more.

All these new loved stuff, and the top 10 ones, are all there so that the owners would make profit. BTC, ETH, BNB, LTC, these are the ones that I trust the most and believe there is no underlined "make the creator richer" situation in none of them, but aside from these, all others are like that these days at the top ranks.
1767  Economy / Economics / Re: Food crisis coming? What's wrong about it? It could be good on: June 10, 2022, 05:49:21 AM
In our country, I think we're far from the food crisis. The supply of primary goods here is continuous and I couldn't see any problem with it so far. If it will be a global crisis, I believe that countries will still unite to support each other just like what happened before. Our country experienced famine years ago and lots of countries have provided us with food supplies. I'm sure that the same thing would happen in the future.
Really? That's great. That just shows that your country now knows what to do to avoid the problem in case it occurs again and thanks to the concerned countries that helped your country before. Other than other countries, your country can also try to help countries that are in need of help in regards to food crisis.

There is nothing wrong about food crisis but it was just another type of crisis which is normal to occur on a country especially if that country is not prepared. What is only wrong is if people or the government of a country will just depend on the help of others without trying their best on how to help their selves survive in this difficult situation.
1768  Economy / Trading Discussion / Re: Is trading journals worth it? on: June 09, 2022, 08:25:55 PM
It depends, in my opinion.

Other traders might find it helpful and others might find it devastating. Your mistakes that you wrote in your journal could help you to avoid the same mistake, which leads to growth because you're gonna find another way to correct it instead of doing it again. On the other perspective, looking at your mistakes in your journal might give you a certain impact like discouraging yourself to quit trading because you committed already a lot of mistakes and stopping trading is more wise.
The key there is to have a trading journal right at the start or before you do your first trade (the actual/real trade and not the demo one's) so that you can stop once you know that your losses are already too much and you can not afford to lose more than that but if you haven't come to that point, you can still try correcting your mistake and hope that you can become a better trader one day.

If ever you haven't done a trading journal before but you are somehow good at trading, like you can pull a win other than losses then I think there is no need for you to create a trading journal as it can only be a hindrance to what you are currently doing.
1769  Alternate cryptocurrencies / Altcoin Discussion / Re: 'Luna'cy: the crash of Terra Luna on: June 09, 2022, 02:42:09 PM
It seems like the community is trying various effort to know about the truth of this project. There are so many people are starting to trace the real story of luna. The founder was a dictator guy that is always focing its community to follow him. The price already plunged again and that proves that how the guy that called himself as the master of stable token can do nothing to bring back the trust by the investor again. Im sure that people scared to jump into the new luna again.
The new luna already had the same fate with the old luna. this will become useless coin.
I don’t think this project is ever going to be successful again after falling twice. Luna failed the first and this second one (Luna 2.0) should have been a source of hope for the investors but it happened to also turn out to be a failure now, so how exactly are they going to be able to retain their community /investors?

A lot of investors were already discouraged at first, and the few that were left who were trying to see whether there is still the chance of them recovering what was lost are now going to give up on it, and when they finally do, it’s going to be totally over for the project.
1770  Economy / Service Discussion / Re: How anyone ever heard or used this Crypto trading site? on: June 09, 2022, 07:25:33 AM
Quote
Our Founder:
GARDNER, Maxim is Co-Founder and CEO of ESCROW COIN LIMITED.

Found this on the "About Us "section of the website and searching the name above won't show you anything about a CEO of any trading site so it's obviously a scam.

Clicked the trading pairs that they offer and it just redirect you to tradingview with its associated ticker. What you all see on the website are fake. They don't even have social media that can show if they can be really trusted.
That is quite the "detective" move right there mate, proper Sherlock move and I definitely appreciate it. Feels like when you want to scam people on crypto world, you need to be a lot better in the fake stuff because as we can see here from skylarx and end up with something that would be found out and you would be ousted quite good.

In the end, we are not going to end up with anything that would be usable with this website at all, it is a bad one. I am 100% willing to wager that OP asked about it because they wanted SEO and promotion for the website, and instead of getting good attention, it got bad attention and now a little bit worse compared to when they started this website.
1771  Economy / Economics / Re: Taking loan during high inflation? on: June 09, 2022, 04:01:03 AM
Take a loan in current market conditions that are not good or are getting worse with the aim of investing it
Very risky
while investing with non-loans is also risky, especially by relying on loans, but it depends on your way too because it must be considered carefully and unanimously
They say that the bear is the perfect time for investing but what if what you are saying is true? What if the market will just become worst and more worsen? We cant be like that for a long time because we have a loans to pay.

We can use the bear as an opportunity for buying only if we have a money of our own that is not important so that we won't worry if how long we can make a profit and it's also okay to us if ever we lose that money. A high interest rate is good only if we are the ones that lend our money but if we are the ones that take out loans, that means we are going to pay a little higher as interest is like a service fee.
1772  Economy / Trading Discussion / Re: avoid scam telegram groups , find useful tools and channels on: June 08, 2022, 07:08:38 PM
The most annoying thing is that there are a lot of such groups. There is no need to rely on truthful information now, deception is very common.
Well, the truth is based on your source and that's the reality that we have to embrace. Despite the disinformation that we've got through the internet, there is still a truthful basis we can find.
And it has to be found and you'll need to assess and verify each information that any source that you have found. Being deceived is a big problem and that's why we need to be informed so we can avoid deception.
Better if we shouldn't rely only on one source but check other sources too so that we are sure with our judgment that the group that we suspected is really a scam or not. They say that not all information that is seen on the internet is legit. That might be true but what you said is also true that there are still truthful basis that we can find.

Those are the only ones that we will be needing. We shouldn't allocate time for those who are fake and only pretending to be legit. Being deceived is not a joke but yes it is a big and serious problem that one must correct because if not then that person are prone to losses. To be equipped with a better knowledge is the only key.
1773  Economy / Economics / Re: Crashes are The Best Times to Get Rich - Robert Kiyosaki on: June 08, 2022, 06:36:02 PM
Remember how Bitcoin crashed to $3k and a lot of people were waiting for it to crash to $1k, and they refused to buy until Bitcoin will drop to that level, and Bitcoin started growing very fast, so these people missed on the good opportunity because of their tunnel vision. Maybe we'll never see $20k again? Why not buy now or soon, if you believe that Bitcoin will be worth much more? Trading is not about buying at the absolute bottom and selling at absolute top, just making good profit consistently will make you rich.
Yeah I agree, bitcoin dropping down is possible, because of its volatility; no doubt about that because I also believe that if anything makes Bitcoin drop to $11k today, there’s every tendency that you might as well assume and believe it can go down further to maybe $7k or $5k but just at this point, it might in full confidence as I have seen several times, bounce all the way back up.

Just like you said, I also witnessed and remembered the period it fell to $3k. There were a lots of assumptions that it would touch $1k but to their greatest shock - it rose back up with speed and agility.
1774  Alternate cryptocurrencies / Altcoin Discussion / Re: Biggest mistake in crypto? on: June 08, 2022, 05:53:02 PM
What have been your biggest blunders so far when it comes to cryptocurrency? We all know that how much volatile the industry is. And the things that made you regret your decision? Can you share your thoughts, guys?
What kind of mistakes we are looking here? The one that is only related to trading or investing? Or this is general? Like mistake of not believing in crypto as early as possible? If both are allowed then yes that is also one of my mistakes here and I considered it as my main mistake.

I realized that time is important here in cryptos. The earlier you get in the more the profit can come to you because at the beginning most cryptos are still cheap in value. Good cryptos like btc started with a zero value then it moves in cents and so on. The second one would be mistake in selling my coins thinking that it was already their highest. It was not top coins though, that is why.
1775  Alternate cryptocurrencies / Altcoin Discussion / Re: Your opinion, NFT last long or not ? on: June 08, 2022, 01:53:36 PM
I think NFTs can last long, it is just the art pictures of the tradition, the art works are still having no value but people makes it to have value, so goes to NFTs, we can consider them not to have value but have value because people see it valuable. My concern is that there are many newly created NFTs and more are created daily, it is very possible that the NFTs that are having value today may have less value tomorrow.
I just saw it and I just found out NFT is a non-exchangeable asset. I really don't understand, how can it be worth? I mean the owner assigns value to the artwork or investors assign value to the NFT artwork. I understand it's like a collection, correct? One can only buy it and cannot resell it
It is transferable to the other because if not then how can others earn from it? I don't think someone will pay money without getting anything. Nft's can also be resell like a crypto, that's why there is a market for it. The first owner can assign a value to its nft's and those who invest on it can then set his own desired price because they are now the new owner.

It can be a collection if you will keep it for a long time and you won't sell any of it but it wasn't if you will just flip it. Nft is a short term for non fungible token, not non exchangeable asset like you described it. Non fungible means it is unique and can't be copied. Credits to google for that definition.
1776  Alternate cryptocurrencies / Altcoin Discussion / Re: How can i earn a passive income with Altcoins? on: June 07, 2022, 06:32:30 PM
I think the best option for you will be altcoin staking. There are many interesting projects on the market in this area. Of course, as with any investment, remember about your own research and diversification. The Binance exchange offers a very cool % for many cryptocurrencies in the long term: https://www.binance.com/en/staking However, it involves the risk of keeping funds on the exchange.
Using Binance as a place for staking altcoins is a good choice because Binance has a large list of altcoins that you can stake. But you can't expect to get profits in a short time because staking takes time to get big rewards unless you use a large amount of coins as well. But the risk will also be great if you use a large amount of money. So that will be your choice to use any altcoin to stake.
It's not that binance has a large list of alts but binance is a big and famous exchange so the security of this platform is sure to be robust and I think binance offers some kind of insurances. It works like you will get something once unexpected things have happened like if ever the exchange have been hacked and you lost all of your cryptos inside it.

If there is one risk that we will be worrying that is the instability of the cryptos that we are staking inside the exchange. We don't know what the future awaits them so we must choose cryptos wisely. If you can afford to lose big then go on and try investing a big amount but if not then don't ever think about it.
1777  Economy / Economics / Re: Block Report: Bitcoin: Knowledge and Perceptions on: June 07, 2022, 08:31:35 AM
Interesting for me is a top reason is "it's too expensive" and that's also my personal experience, why people go buy shitcoins like Ripple instead of BTC, they don't get you can buy fractions of, and unit price feels too expensive for them.

Also... outside the Americas, more women than men think they know more about Bitcoin. Pretty unexpected.
Same here, when I was a newbie I also think that btc is too expensive that is why I didn't buy it but later on I figured out that btc can be divided in smaller portions and you can also buy it this way. I think this was still included on the knowledge part, the op discussing about.

There are also people that knows that they can buy btc in factions but they still think that they can earn more on a much lighter coin because they can buy millions of it at a much cheaper cost. Btc/cryptos are not a secret anymore and many women are also involved because they know that they can earn an income if they invest and trade it. Most of them are from the third world country where the state of living is poor.
1778  Economy / Trading Discussion / Re: The market is confusing on: June 06, 2022, 09:32:19 PM
Making trading decisions in the midst of confusing market conditions like this is certainly a difficult thing and also a challenge,
need to be careful and consider many things before making a decision,
I think it's important to minimize risk
Well, if you are going with the flow like if your mind is also confused then indeed it will be hard for you to decide but if you will separate yourself from how the market works, you can calm your mind and won't ever be confused again. That is the time that you can decide much better. You said it is a challenge but that is a good thing. Sometimes we also need to challenge ourselves in order to become better on what we are doing.

At the end of the day, this was only trading, don't take it seriously as this wasn't all unless if you put all your money on this but it is important to minimize the risk by depositing only the funds that you can easily afford to lose.
1779  Economy / Speculation / Re: Will Bitcoin's price stabilize someday? on: June 06, 2022, 01:03:44 PM
Although the reason we think manipulation are not coming frequently is that the market is now getting a little matured. Back in the days even things as unrealistic as Facebook building libera coin was manipulative to the market. The likes of McAfee manipulated the market. So I think that what has happened now is that more awareness and hodlers have been built into the market. Regarding to manipulation, it is really taking a downslide but volatility will continue because bitcoin is not regulated.
It's not the market that are now matured but it was the people (their thinking) they don't act like a kid anymore that got disappointed and cry wherever they see the price falling or whenever there is a negative news. They are now calm and they know that it was an opportunity. Facebook's plan to build a stable coin is not unrealistic.

It is not different to other projects but that scared the hell of us because we think it can affect btc and other existing cryptos. Good thing it was postponed. Mcafee didn't manipulate the market but he was only spreading fuds but he was not successful with his motive. Manipulation has a good side as long as you know how to react with it and about volatility, I also think it will remain and it is a good thing.
1780  Economy / Trading Discussion / Re: Trading Cryptocurrency for 1 Week! on: June 06, 2022, 11:12:15 AM
In my opinion, as a whole, in a week you can get quite good results of work. You need to be prepared for various scenarios and understand the result.
Well yeah, I tried to watch the video but it was 22 minutes long so I skipped parts and watched it. It looks like he was trading for some $1 profit on each trade which is not bad at all since the trade size was $11-$12 but the fact he was just buying waiting for the price to rise and sell, it looked more like random trading instead of trading with knowledge and tools.

I didn't see any sponsored content or anything, at least not as I was skipping most parts of the long long video so it certainly wasn't a paid or promotional video and neither is he a big YouTuber that he would be paid for such things. It looked like an honest attempt at trading and making profits but I am sure OP would have faced couple of losses by now and realized it's not as straightforward as he might have thought initially.
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