Latest posts of: azmirihaque

Quote from: Kerobelos on May 17, 2020, 09:34:00 PM

Hello,

It was a long time since I entered the forum, but today I have an important question, and I really did not find recent answers on this topic online, most are from 2019, so I want to know from a professional point of view, what's the best Stablecoin to keep funds fearless in the long run? I know that the most used is the Tether, but I have also read that it does not have a good reputation precisely because there were rumors that they only had 73% of the Thether covered by dollars, and the Paxos Standard I have also read that it is good, but two years ago I readws that the funds were frozen in the accounts of some people, and they had to show the origins of the funds, and I don't know how the situation will be right now. I think that asking is the best cure for ignorance, so I would like to know your opinion on this topic and your recommendations about the best stablecoins, thank you.

There has no stable coin in the world. But if you ask me which coin is comparatively stable, I say, USDT. Yes, your fund will get low risk if you invest in stable coin but there has very less possibility to gain profit. If you want to only invest and hold your fund, your decision is correct. But if you want to make profit, you have to take risk and invest in volatile coin like bitcoin, ethereum etc.

Quote from: yarlungzangbo on December 10, 2019, 05:47:52 AM

Usually, we are trading with market, and we have our own trading logic. But , after you are trading for a long time , you will find you are trading with yourself and the biggest enemy is you.

You may have a good trading logic , and you always earning money from the market , but you are still afraid of lossing, am i right?

Every trader should believe in his own trading logic just like a belief, you can't move it. Lossing are not terrible and you should like it.

So i have some advices:

1. make sure you are believe in your trading logic
2. record the reason when you open trade
3. take profit and stop loss strictly
4. back to the records when you close trade, and think why you are earning or lossing
5. according to the records , if you find something wrong with your trading logic, fix it
6. add your trade into a trade journal (advice from @GreatArkansas)
7. do the things 1-6 above again

Does any trader record the reason of opening trade? And how do you guys practice it? Let's talk about it.

Every trader has its own trading policy. As a real trader, he should be analytical on his own trade. Your advice is the part of this analytical process. Many traders engage in trader in a belief that their investment will give them lot of profit but after some days they loss their capital. Because they enter only the market without knowing the rules, policies and trends of the market. So, strategy is very much important for trade and every trader should have the ability to outline his own trading strategy.

There is a saying, "No risk, no gain". That means, where there has a gain, there has a risk of loss. So, risk management is very much important for any trade. But risk management is not so easy. A vast of knowledge is required for analyzing the different variables. Vary few traders engage in trade without knowing such risk management. To be a successful trader, beside risk management, a person should have the ability to analyze different trends of market, gather experience and study the past and present behaviour of market etc

There has theory in economics; Business Cycle. It shows the fluctuation of economic trend. There are 5 stages of Business cycle; expansion, peak, recession or contraction, depression and recovery. Cycle of business does not go in straight line. It takes different shapes in different situation. In every shape, economic condition of the world becomes different. If we see a portion of the cycle, it looks like U shaped, not V shaped. Cryptocurrency is not out of the economic fact. It is also affected by business cycle.

Quote from: DDante on May 20, 2020, 07:26:19 AM

What advice can you give those who buy Bitcoin at 19k in 2018? Because I still have friend who got in at that time, now he doesn't have the mind to sell and take his loss, what is the best advice to pass unto someone in this situation??

Yes, he can wait until the value reaches in break even or above but already a long time have passed from 2018 and the investment is laying idle. Still it is uncertain when this spring will come. So, your friend can take another strategy to recover his capital. First he has to engage in trade. He should buy different tokens and coins with the existing bitcoin and make trade in different platforms. From trading he can make profit and recover loss. But before trading, he should make himself skilled on trading otherwise all the investment may loss.

There is only one way to grow bitcoin and that is investment. It is not possible to grow bitcoin without investment. There are three strategies of investment for Bitcoin growing.

1. Investment of money: You can invest your money to purchase bitcoin. When you will purchase bitcoin more and more with your salary or business income, it will grow more.

2. Investment of time: By investing your time in the forum, you can grow your bitcoin. You can participate in different bounty programs, airdrop, staking etc. and can earn different coins. By trading your coins, you can grow your bitcoin.

3. Investment of money and time: You can also invest your time and money both. You have to purchase varieties coins and make trade in different exchangers. But it is not so easy. You have to gain knowledge about the market and also have the ability to research the market trends.

Thus you can grow your bitcoin.

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The whole world is now passing a crisis moment. COVID-19 has broken down the economy. It has taken many valuable lives and made the world’s medical treatment helpless. The question is, Did COVID-19 bring any positive sign? I want to describe some points which are being possible by dint of this Culprit Corona.

• Environmental Improvement:
The environment is passing the happiest moment now. The level of sound pollution has decreased tremedously. The amount of led and carbon-di-oxyde in the air are decreasing in the tolerable stage. The ozone layer is repairing its scratches. The environmental eco-system is being tighten.

• Tightening Family Bindings:
People were busy in their job or business. Very few times was possible to spend with family. Now maximum people are staying at home and passing most of their time with family members. As a result ties of the family bindings are being stronger.

• Enhancing Online Business and Marketing
We know world COVID-19 has stopped the activities of industries, firms and businesses. People are now being motivated to involve in online business and online marketing which is beyond the affect of any culprits. Online job and marketing has increase tremendously than before

• Creating Digital Employment
Corona Virus enhances the area and opportunity of digital employment. People are now engaging in different online jobs. Many self employed activities have also been created that help to increase the digital employment.

• Expanding the Knowledge and Use of Technology
As people are now passing idle time, many of them who didn’t involve in technological attachment are trying to familiar with digital world for online shopping, online business, online news, social contact etc. They are using computer, internet, web browsing and other technologies. In this case, I say, corona is expanding the knowledge and use of technology.

• Expanding the Crypto World
To use the present lazy time, Many people are seeking different online platforms to invest their fund. Many of them has already invested in cryptocurrency. Many governments of the world are thinking for advancement of digital currency where cryptocurrency has a priority in the line. So, Corona is helping to expand the crypto world.

I expect to add your valuable opinion.

What you say!!! Corona Virus has already broken down our economy. It has destroyed the chain of world's business. Millions of family have lost their family members. Thousands of people are now jobless. Many poor families are now in hungry. If this poison can't be removed immediately, it will make our beautiful world hell .

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