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1961  Economy / Economics / Re: Dreaming Of Becoming A Bitcoin Billionaire? Ask These 5 Simple Questions First on: September 05, 2021, 04:42:09 PM
Quote
3. Will Bitcoin save us from the government’s monetary policy?

This question is valid for me and really bitcoin does handle this, taking hodlers away from government challenges on monetary policies and reviews cum unnecessary charges. I'm sure many active hodlers and operators of bitcoin have long gone to the banks for whatever transactions but to send and receive transactions from which ever location and moreover with the mobile application. Further, inflation isn't a challenge for individual hodler but the real question is how long will the government keep fighting bitcoin...
1962  Economy / Gambling discussion / Re: ESPN into a betting deal worth 3 billion dollars $$$ on: September 05, 2021, 03:54:22 PM
From what i understand from the article i am not sure they are entering the gambling space or they are planning to lease out their brand image to gambling sites and planning to earn money that way.

I found this, maybe It is possible it may lease a right to partnership but we can watch how it goes


Quote
The sports-media giant has held talks with players that own major sportsbooks, including casino operator Caesars Entertainment Inc. and online gambling company DraftKings Inc., the people said. ESPN has existing marketing partnerships with both companies.

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On offer is the right for a suitor to use the ESPN name for branding purposes and potentially rename its sportsbook after the leading sports TV network in the U.S., the people said. A deal could come with an exclusive marketing commitment that would require the sports-betting firm to spend a certain amount of money advertising on ESPN’s platforms, one of the people said.

I have been searching to see if the deal included casino with the responses about casino but not sure for now because ESPN is a sports giant and I don't know if they are ready yet to move into casino business or they are also going to lease out the right.
1963  Economy / Gambling discussion / Re: Do not make curiosity to people around you while you are playing gambling. on: September 05, 2021, 01:43:29 PM
I read the story of Lisa walker from the link provided above who reported that she was 8 years old when started her gambling picking the habit from her dad and gambling for 37 years

Quote
I started gambling when I was eight years old, Lisa Walker
That is the quote from the link and my emphasis here is the fact she got into the habit after her dad and that shows that the family is a strong factor of socialization and indeed the number one of it all before schools or peer pressure that the kids go through outside the home.

We can also convinsively say that most kids learn most things or habit from home. Or, that they get the approval of what they have learnt, adopted from outside, in the family when the family condones it and refuses to scold or punish a behaviour that a child take to as non adult (because as adult, you have choice in your decision). For early gambling, I think it could lead to distruction if not controlled.
1964  Economy / Trading Discussion / Re: Your thoughts On the crypto trading simulator? on: September 05, 2021, 09:20:00 AM
It is surely a deceit to say a trading add or simulator will guarantee 100% profit, this is not possible because no man or woman knows tomorrow and trading is more like a forecast into the future of occurrence. Whatever the advise we give, some will still fall for such and mostly newbies. As a newbie, I never used such as I understand profit in life don't come easy and no trading strategy is perfect to give you hundred percent gain.
1965  Economy / Trading Discussion / Re: What are the “good” fees for buying crypto on Market ? on: September 04, 2021, 09:17:53 PM
I think the fee shouldn't be above a few dollars like 2-3 dollars depending on the size of the coin usually with P2P transactions and not in percentage.

However, you can get a more information from localbitcoin but P2P should afford an easy bargain for both seller and buyer.
1966  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you investing in Altcoins? on: September 04, 2021, 05:30:30 PM

Your thoughts please? and why are you investing in Altcoins?

Altcoins investment for me is a way of diversification and that is very good. Bitcoin investment is a huge type investment so if we do that, we can also throw in some money in altcoins and when bitcoin is rising our investment too rise. Another point is that investing in altcoins can also help incase bitcoin drops, sometimes altcoins start to bull. It is basically for diversifying for future profit.
1967  Economy / Trading Discussion / Re: Trading skills on: September 04, 2021, 01:48:57 PM
Any strategy being used with out stop loss will fail in future trades. This means stop loss use is a very good strategy.


Don't follow the 10% stop loss and something it's ridiculous also once you enter your trade don't do anything, try to wait if your trade will hit target profit or stop loss and lastly don't let your emotion affect your trading.

No I don't wait all the time for my stop loss to hit. I do admit that I have made a wrong entering order when I see it and in those cases, I don't wait for the market to eat up my money because I want to wait for stop loss to be professional. So what I do in such cases is that I just exit immediately especially if I'm already losing. You can know this with the candlestick and trading with candlestick is a strategy of its own.
1968  Economy / Gambling discussion / Re: Bitcoin betting on the 2024 US Presidential Election | Biden+Harris Vs ?? ?? on: September 04, 2021, 12:08:32 PM
Biden is done. Can't put 2 sentences consecutively without pausing 5 seconds between the words.


I can't really say what really is the issue with Biden's speech. He looks shaky when speaking and not very clear  or audible unlike Obama or Trump.
I don't know if he is aging faster anyway  Grin


We don't even know if Biden will survive his current term.

In what aspect really do you mean?

Health wise or the heat of administration like the recent decision for American Army to leave Afghanistan.
1969  Economy / Speculation / Re: Do Not Sell! Don't Let The Whales Get Your Precious BTC! on: September 03, 2021, 04:37:37 PM
Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

yes right, we can say don't sell, the market will continue to improve. but the fact is that there are still many people who experience panic selling and rush to sell whenever the price is a little bullrun, so the market price is slightly shaken. never worry about conditions like that, when the market decreases slightly we try to take the opportunity by buying again.

But facing the truth, hodling while price keeps dropping isn't a very good business plan. For example when the price dropped to $30,000 last two months, the investors who sold at ATH had the opportunity to rebuy more from the profit they made already and now the price has climbed above $50000 which is a clear $20,000 difference in profit and good kind of return. I think the fear or panic of holders who don't sell is simply because they don't know if they sell if price will go up more, I do have this fear on my own aspect too.. On the whole it is a risk that can profit us if we are lucky.
1970  Economy / Trading Discussion / Re: Give me some investment advice on: September 03, 2021, 03:47:32 PM
As I mentioned in the topic, I currently have 20% funds in futures. But if the market is good, I think I will accept futures with 50% capital at most.

The question though is, can you actually accurately assess the markets if it's "good" or not? Because if you mean going 50% when prices are going up, then there's a chance you're just having FOMO, and you're most probably going to have a really really bad time in the end.

This can be a good reason for OP to avoid futures market for now while you can put your hands on spot and later try futures because you need adequate emotional balance to be able to cope with such go avoid heart attack when price drop largely. Hodling on to your coins and expecting to dump when price appreciate is better. My advice however on coins to invest on is bitcoin and Ethereum but this isn't a professional advise , do a proper convinced research on your own.
1971  Economy / Speculation / Re: Here’s what traders expect now that Bitcoin price rallied back to $50K on: September 03, 2021, 01:03:55 PM

We have good momentum right now but I think the aggressive initial trend from the July bottom price is not there any more.


The bottom has actually disappeared from my view and now price is selling above $50,700 with more bull run on sight. The hourly chart has been defeated and price action still building up. Anytime the bitcoin bull start, it is better to look into the longer time chart for direction and from my perspective, I think we are going to see more highs by next and this moment from the daily and weekly chart formation.
1972  Economy / Economics / Re: New York Mayoral Candidates Turn to Crypto for Votes on: September 02, 2021, 09:47:37 PM
Until he gets in and do the job of going through the legislation to make the use of bitcoin and other cryptocreency legal then we won't take it seriously. It is a positive vibe to win the population until is made law as we see El Salvador. It needs legislative process just like the abortion bill that was signed info law in Texas, it will be a good news if New York adopts it. This will grow even dogecoin as mentioned.
1973  Economy / Speculation / Re: Will Bitcoin hit $100,000 before the end of the year? on: September 02, 2021, 06:49:26 PM
I can't beat my chest to support that bitcoin may go over $100,000 or not because we are not sure of that but what I expect is for it to reach the ATH of around $64,000. I have to advise you not to sell in panic even when the price drop because any volatility is possible and bitcoin can jump or drop at any moment with out any signal or indicator. We have to keep watching closely as the day go on.
1974  Economy / Trading Discussion / Re: The joy of trading the spot market on: September 02, 2021, 03:42:28 PM

I may be wrong or right but I still don't see reasons why traders would decides to waste there valuable funds to trade the FUTURE MARKET and still lost there profits and their entire capital when the spot market can be a good alternative to gather good profits but in a slow and steady race.
 Why will you choose a high reward trading when your risk to reward ratio could be 50:50?

Is your meat and maybe another traders bad endeavour. It could be that some traders can deal with the so much wait in spot trading and they like quick and fast adventure to make profit. Future trading is the real kind of buying at a point and selling at a point while still making profit despite the position of the order taken. It is faster surely and it is understandable. One thing that is important is that you can make money both ways, and not all person like dull type of dealing.
1975  Economy / Trading Discussion / Re: Setting the proper period on an indicator on: September 01, 2021, 07:52:54 PM

but I was wondering if adjusting the period could make a significant difference for a correct trade.


It can make difference if you start seeing it on your profit. Every platform has a custom  setting for the trade so adjusting it is not bad to see if it will lead to better trading experience. Practically, you can know if the adjusted figure or setting can work out if you back track the trading terminal chart and you can use that to see the historical perspective or performance of trade. You can keep adjusting the settings to suite what you are looking for.. On the timeframe for day trader you can consider 30 minutes and 1 hour.
1976  Economy / Trading Discussion / Re: Investors their mind on: September 01, 2021, 04:34:12 PM
Accepting loses is professional and being professional comes with experience. A professional trader put into the business the losing times and so when it comes, it is seen as part of the business just also when there are profit. The different thing about a professional and a newbie on this is that they use stoploss to cut down on the losses but a newbie don't and they will keep reacting on the losses if they still have balance though. We can see losses from good money management and it won't mean so much but it beats the heart if we have bad money management.
1977  Economy / Trading Discussion / Re: How To Go About Crypto Trading For Newbies. on: September 01, 2021, 03:12:25 PM
Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

it is our responsibility and a must to familiarize the thing we planned to for as this was only the way it gives us assurance that we are able to reach our goal.

Yes most people who want to earn money from trading or hodling don't have passion for it which makes many to rely on copy trading.. And regarding trading, it has to do with alot of passion to succeed on to it. It is not easy to make money just as you thinking trading is for quick money, sorry it is not. It is for people who are ready to learn the ropes, people who are already standing back on their feet before they even touch down.

Op you didn't really mention if capital was the challenge or learning how to do the trading. IMO learning how to do the trading is far more important than capital. Put your mind on learning, starting small but ready to lose and ready to get in back until you learn the rope. Those times you lose are meant for you to make corrections and move ahead to be better.
1978  Economy / Services / Re: [OPEN] BestChange Signature Campaign | Sr Member+ on: September 01, 2021, 02:37:18 PM
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1144359
Amount of merits for the last 120 days: 70
BTC Address: 152vmvW9pjYEWBVzV945Vj7dX7YEJpY6EY
1979  Economy / Economics / Re: Bitcoin assets cannot be blocked - is that helping terrorists? on: August 31, 2021, 05:26:33 PM

I have read many news about the American withdrawal from Afghanistan and how the US government froze some billions of USD belonging to the previous government or perhaps (debatable) to the country itself. Obviously, this could not have happened if those assets were held in bitcoin or other crypto. It seems that not everything is good in self-sovereignty?


You have yet talked about the nature of decentralised currency and it is the fact that if the foreign reserve of Afghanistan were in crypto, it won't be a taught for America to consider to stop the release of such fund, except there are any means that the blockchain can stop the release of coin by the owner who got the access to their coin. Yes if the coin was in bitcoin, that won't be possible but now it has been frozen.
By the way, expect more sanctions from America and bilateral trade will be severed as Taliban tries to form another government.
1980  Economy / Trading Discussion / Re: Dont get sad over what could have been on: August 31, 2021, 01:15:27 PM
Well dwelling in the past will not do anybody good. Moving on as quick as s possible despite the bad experience is better than staying down all the year. It is certain that human will have down times and high times but the way we handle it is what matters. In life experience and trade losses, we need to shake it off and work for the future to be better.
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