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21  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: October 24, 2023, 02:21:54 PM
Round 5

1. Re: Multiple timeframes is another means of getting better market clarity  

Category: Information

Board: Trading discussion

2. Re: The price dropping, any reason the huge dump?

Category: Information and advise

Board: Trading discussion

3. Re: Bitcoin trading and gambling

Category: Advise and Information

Board: Trading discussion

4.  Re: Reason why you will never become rich

Category: Suggestion and information

Board: Economics

5. Re: What's the effect of having plenty children to the national economy of a country

Category: Suggestion and information

Board: Economics
22  Economy / Trading Discussion / Re: Do You Use Crypto Signals? on: October 24, 2023, 01:50:11 PM
There are a lot of Crypto Signal Providers - about 5 of them are at the top of the list.
They claim 80% accuracy.
I googled reviews and I read nothing but good things about them.
If they were bad signals people would give bad reviews.

If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?
There are many crypto signal channels where most people are giving wrong signals. Again there are some signal groups where some predictions are correct, and I think most of them are wrong. That's why I think the best thing to do is to never trade with other people's wisdom, what you do with your own knowledge will be better, and you can move forward in the future. If all these signal groups give 80% reliability, then surely all people can easily become rich by trading. And I never trust them, so I will not trade using such trading signals.

They are never accurate. They are as good as you that profit on a day and lose it back on the next trade but they capitalize on traders naivety and fear to build there own trading strategy to milk out money from them. At the time they are lucky to pull a right and successful trade, they are everywhere online trying to sell it out and traders who are mostly newbies buy those or subscribe with them but it never last as just like the market fluctuates with profit and losses.
23  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 10, 2023, 07:38:25 AM


Time is very uncertain now so whatever could happen, your survival depends on how much investment and the kind of investment you have. Gold can be paid to someone who doesn't understand BTC.

It is looking like our survival and comfort is going to also have a connection to how much we know of the internet as the time go by. The knowledge of the internet is increasing and every thing physical is having virtual version. People talk about gold because of store of value, how long it has existed, even as old as life based on its formation. Bitcoin also has that same quality but only existed in a short time. So the question is at what form are gold paid to those who don't understand bitcoin? Also virtual I guess. So I believe bitcoin will be far more valued than Gold because it has the virtual digital marketing that will far more embrace more people. However, the major challenge bitcoin has is adoption and that is its original decentralised nature.
24  Economy / Services / Re: [OPEN] Roobet.com Signature Campaign | Dr. Bombay Metaverse | Full Members+ on: October 09, 2023, 07:48:44 AM
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1144359
Current amount of Posts (Including this one): 4591
SegWit BTC address for payouts: bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk
EARNED merit in the last 120 days: 8

I wish to rejoin.

Former participants. Thanks
25  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 07, 2023, 07:49:32 AM

Will you still participate if money is not involved? Many people will easily quit if all casinos are to be turned into no-money games, isn't it?


Why do they have to include money in playing the game instead of buying a drink on some good meal and watch football match with friends without betting on it, that is how to have fun without trying to win over some body money. People will not go to casino if it is free of money games. They will stay in their house to watch the games or play games with play station. It is about the money reward if you win from the game and not for fun like some people say and the people saying for fun are not gamblers because gamblers know they never gamble for fun. Fun is when you play with friends, relax yourself, eat good meal.
26  Economy / Trading Discussion / Re: Do you expect better, but then impulsively jump into things due to FOMO? on: October 06, 2023, 01:43:50 PM

But sometimes, it is good. Example is when the market is overbought or oversold so much to a greater extent, a good trader may see it as a good opportunity to open a position.


Trading is more than that though.

Yes trading is more than all those. Trading is more than seeing an opening and jumping in for a quick bite because you might end up being beaten seriously. When the rush is on, a good trader is suppose to ask why, how and when that will end and so the why and when it will end are important. They can indicate the entry if the why favours you and when indicates the exit. If a trader follows the rush, it is dangerous quite some time. It is also risky to rely on overbought or oversold because the price might remain in such position longer than you have expected and you lose your money. It is better waiting for your position in trading and not to speculate on it. It still depends though because you can still scalp a fast one.
27  Economy / Trading Discussion / Re: Do you believe Technical Analysis? on: October 04, 2023, 11:03:22 AM
The fact that the market is generally unpredictable causes some doubt in such predictions. I don't think technical analysis alone can make a good guess prediction accurate.  Because technical analysis is not enough to make profit in some cases.  We are now in a bear market so the market direction and price changes with the flow. There are different chart strategies used by investors and traders.  I think technical analysis is very necessary for trading.  Market movement cannot be determined without technical analysis.

One thing that is for sure is that technical analysis for history. Like we know what happens with bitcoin during halving, that is after halving and that is bull season. That is what reflects in charts which forms the technical analysis. So if you check charts of last bitcoin halving you are most likely going to see more of bull candlesticks and that is what will be represented as what will happen again after halving, that is how the price is analysed. Technical analysis is important for traders to monitor the market but it requires patience and the longer time frame the better for the chance of a winning trade. Using smaller time frame may not give a better result except for scalping but a day trader or swing trader prefers a longer time chart analysis.
28  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: October 04, 2023, 06:57:40 AM

I can't say if I have seen any women playing in a casino in front of me, but I have seen them mostly as dealers in various live games which shows that women are aware of the gambling field and are involved in this industry at a bigger pace.
It isn't like women can't handle the pressure, they only don't show off their powers because they understand their responsibility. So that is why most women will not show their gambling ability.

Is like the system is changing this time because I have seen women who are taking more male role and they are taking it up well. I know that they start getting use to playing casino games by following after their male friends and even the male delight in being accompanied by the girl friends and from that the female keep learning the ropes from their boy friend that is how they learn. People say the female are not able to handle pressure but that is not true with gambling because it involves money, they put outside emotions. Women are stronger gender when it comes to strike the deal, they are not wasteful and so if it won't bring positive results they could wait but men want to try because they are pressured more financially.
29  Other / Beginners & Help / Re: My first knowledge in Bitcoin/Bitcointalk on: September 26, 2023, 06:37:29 AM
I heard about bitcoin from my uncle and he has been talking about bitcoin since February 2022 and have been hearing how bitcoin pays and support youths. If invest in long term.

Does bitcoin really support the youth? How?
Except you are able to know how to trade it or mine, faucet is no more yielding or never yielded better amount of Satoshi, just a waste of time. For investment or hodling of bitcoin, you have to wait until four years to accumulate whatever profit , so it takes a youth who has extra to be patient to gain it.
30  Economy / Services / Re: [CFNP] Roobet.com Signature Campaign | Dr. Bombay Metaverse | Full Members+ on: September 24, 2023, 10:27:13 PM
I accept your decision in good faith and hoping to get a chance again if indeed there is an opportunity in the future to come back.

Thank you Hhampuz for the privilege I received to join this wonderful Roobet family. I think last August I realized I have been here for two years and that is quite a long time.

I wish to find myself in any of your other campaigns.

Thanks Hhampuz and Roobet team for this time. I wish Roobet more success.
31  Economy / Economics / Re: 0-Dated Options Trading vs. Gambling: Which Packs More Thrill? on: September 24, 2023, 07:55:28 PM

For some, the analytical challenge of trading might be more satisfying, while for others, the raw unpredictability of gambling might be more appealing. It's like comparing chess to rolling dice; both are fun in their own ways!


I think that trading is more professional and not prediction based but analytical  which brings out the thrill in it. People can rely on it for source of income even though it is risky but you can reduce the risk with stop loss which stands out as a major difference for the gambling aspect whose main winning power rely on prediction and luck. Trading is more thrilling for me, the charts are there to guide you into the world of global financial economy.
32  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 23, 2023, 10:38:30 PM
maybe if your cousin invests more and has insurance maybe he can still continue to retire, everything has pros and cons, But im still prefer early retirement.

If you want to early retirement then you should have proper things like passive income one of the example is investing in dividend stock which can get dividend each quarter or every year. If you decide retire without passive income that will be bad.
The other case while you have passive income create new business it could be social media business like nowadays or sell something

Retirement or early retirement has pros and cons like you mentioned the most important thing is financial security because you need money more when you are out of job because now you will be running expenses to cover the work hours that you are now free. So you need solid investment that you can rely on, online business and physical business are all good depending on the one you are proficient in. Early retirement is good for people who have entrepreneurial skills so that they can also build their own businesses but those who don't have the skill of standing out on their own are those who don't really appreciate it.
33  Economy / Economics / Re: The impact of war on global economy. on: September 23, 2023, 08:49:20 PM

3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

This is obvious during warfare because the infrastructures are destroyed and companies are short down and affected so when there is no production, that will reduce every other activities around the company which will affect their IPO or stock selling. Wars are very devastating for every economic whether big or small, to avoid war is more profitable than to allow it to happen because it leads to different calamity and it destabilizes an economy and set them 100 years backward .
34  Economy / Trading Discussion / Re: Let's share some tips among ourselves. on: September 23, 2023, 06:59:07 PM

2. when there is a sell off, like that of FTX this era, you'll see me buying cos it going to be profit from that point upwards

This is fundamentally right because such news will immediately create panic in the market and that was exactly what happened during the scam, it brought price a little bit down as more hodlers continued to dump in panic. So at such negative era in the crypto market is time to invest more and DCA because it will keep dropping until it gets to another strong support before price will begin to regain momentum. It is a good spot to accumulate when their is a negative impact on the market.
35  Economy / Trading Discussion / Re: The best Bitcoin price tracker website on: September 23, 2023, 11:13:43 AM
Hi everyone

Please can you recommend a coin tracker website that has all the different prices of bitcoin across all cex exchanges from all over the world.

Thank you

Like many have suggested more website for your enquiry but I prefer to use two of them which is coinmarketcap and coingecko. But you have not come back to say why you wanted the information and whether you have a challenge that you need some support. If you are satisfied though you can lock the thread.
36  Economy / Trading Discussion / Re: Stop loss on: September 22, 2023, 01:34:29 PM
In all my years of trading, I have never experienced such that my stop loss will be pushed down below what or amount I initially set as my stop loss, though the scenerio or chances is very possible, and like other people have explained, it mostly occurs when the market moves down sharply, based on what I have read about it, I think the best way to avoid such scenario is to constantly monitor the market even after having set a stop loss, though the chances of such thing happening is very rare,  but then , it still happens sometimes.

To monitor the market after you have set your stop loss for the purpose of checking if volatility will push it down is just a waste of time because that doesn't happen all the time and I doubt that was the reason for op's complaint. He may have been the one that set the stop loss there but now he forgot. But except the market was manipulated but if that is not so, a reason could be maybe the volatility caused the spread to increase thereby reaching his stop loss faster but not that it was shifted which I doubt.
37  Economy / Speculation / Re: BITCOIN HALVING COUNTDOWN IS ON – WILL CRYPTO PRICES RISE? on: September 22, 2023, 10:36:06 AM
It is surely an open secret that after bitcoin halving the price is expected to increase and go pass the previous ATH but when this will happen after the day of halving is not known by anybody. It is still under speculation to know this for such but with the history of the having, the previous ATH has not been broken during the time of halving but after halving. So for now, based on your topic question I don't expect a rise of crypto before bitcoin halving, that rise is historically expected after halving.
38  Economy / Trading Discussion / Re: No gains,1 Minute Scalping Strategy on: September 22, 2023, 09:44:52 AM
I don't think that fees should be your problem or that it is your problem. Scalping is not also your problem if it is working for you and you are making the little profit you are making. How are you sure to keep winning if you extent the duration time for your trade ? Consistency is important in trade and to keep to what works is surely a good way to trade. Coaches don't usually change their winning team in a match, that is a lesson. So you don't have to be greedy, don't allow greed have a better part of you. Keep winning.
39  Economy / Trading Discussion / Re: Bybit and Metatrader on: September 22, 2023, 09:11:09 AM
Yes I checked I think Metatrader is only for Forex. Some say you can also trade crypto on Metatrader but I can't find a way to do.

You are trying to miss thinks up for yourself. I don't know if bybit is connected to metatrader (4 or 5) without any problem. But why would you be making reference to crypto market and forex market? , they are not the same thing even though they operate in almost the same way in terms of modus of trade like indicators, candlestick or market analysis like FA, TA, sentiments or emotions. Basically, forex market use metatrader 4 or 5 to operate. So for the forex brokers, they have their website where through which deposit or withdrawal is done but they are connected to the trading platform or channel called metatrader and this is different from crypto exchange platforms where you trade direct from the exchange website. So I think this is basic for all forex trading and brokers if you are trading the financial market, currency, commodities etc. But you can now find some forex brokers adding some crypto pairs against USD like BTC/USD but it does not run 7 days a week like the crypto exchange, forex is up 5 working days which is Monday - Friday.
40  Economy / Trading Discussion / Re: To Deal with Resistance and Support on: September 21, 2023, 08:14:55 PM

 Just imagine someone that is trading support and resistance using the loyal time frame. It will never hold because if you look at the higher time, we can find out that the point where we think is support or resistance may never be and it may look like a fake out. There need to check for support and resistance using the higher time frame.

This depends on the type of trader we are. if you are a scalper then you may not be relying on long hours of support and resistance because a short time is important since you want to run out of the market almost as soon you have entered. A short time trader like a scalper and daily trader don't really need a longer time analysis to carry out his orders . Example, if I use 1 to 15 mins time to execute my trade orders then using then I may not needa longer time support and resistance for it.
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