Bitcoin Forum
May 28, 2024, 02:47:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 »
21  Alternate cryptocurrencies / Altcoin Discussion / Re: What looks like a bad investment but it is Not on: November 30, 2020, 04:50:19 PM
Okay. i saw ethereum made a 10 to 20% price gain within 3 days.My initial thoughts was on the current Ethereum 2.0 approaching. with that in mind i strongly believed that Ethereum will sell pass 600 to 800usd before 2020 ends. This lead me to purchase Ethereum at 580usd.unfortunately, the rebound in the market(which is expected) hit me at the wrong time.
i think i will regain my profits but it is obvious that it will take time. To the lovely community members here, what might look like a failed or lost in investment but actually not a lost.
Although the price of ETH is back and above the $ 580 level you bought, I would like to comment on your trading strategy.
At Spot Trading, you should have a long-term plan instead of acting like a margin trader. The price just dropped to 500 $ and you are complaining, which is a signal that you have a very vague plan on the price of ETH in the future.
So I think you should look at W1 or D1 chart and draw trendlines for easier identification and a better trading plan. Your mentality is fluctuating quite strongly at the moment, so learn to hold it back and be more consistent with your profit goals. Wink
22  Alternate cryptocurrencies / Altcoin Discussion / Re: PayPal blocked a member's account due to cryptocurrency trading on: November 30, 2020, 02:56:32 PM
This is not good and very risky to those who are planning to use Paypal as their place of exchange. Though this is just a small amount of money, the problem is still here and what more if the victim deposit a huge amount of money. This is why centralized market is too risky, they have the power to freeze your account without having a fair investigation, this will result to a negative impact to Paypal.
These are also limitations to using centralized platforms. They have the power to close our account and give ridiculous reasons. Of course we can't sue them because we don't have access to their headquarters, just like Coinbase did with users in Asia.
So please consider carefully when using these centralized platforms. If you do use it, you should just leave a little money there and should access it every day to update your account status.
23  Alternate cryptocurrencies / Altcoin Discussion / Re: Libra is planning to launch in January on: November 30, 2020, 02:10:54 PM
As Facebook's currency Libra is planned to launch in January do you think there will be any impact on cryptocurrencies or it will be just one more stablecoin without significant adoption?
Source https://www.theblockcrypto.com/linked/85882/facebook-libra-first-stablecoin-january
I think it will soon be the widely accepted currency in the Crypto market. Because Facebook is used by many people in Asia and Europe, this will be a very good opportunity for us to pay for advertising easily. We even work directly with Facebook's main facility to reduce advertising fees without the need for intermediaries.
If Libra coin is actually accepted by FINMA next year, that will be a very good signal for those who use Facebook's advertising services, they will not need to pay additional intermediary fees for service creation. advertisement.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Is POW algo abandoned? on: November 30, 2020, 08:36:31 AM
PoW is an old algorithm and the crypto market has entered a new stage of staking or farming.  In my opinion, Staking is still a very good way for us to make a profit on the top altcoins during this bull run.
You can participate in Staking at Binance exchange because I see it as the most prestigious platform that we should deposit money.  Below is the information link for potential altcoins using the Staking service on Binance.
https://www.stakingrewards.com/savings/binance-staking
25  Economy / Speculation / Re: Bitcoin in Freefall, What to Do? on: November 29, 2020, 07:21:16 PM
So bitcoin is down $3,000 today and it seems to be getting worse.  Do you think this will be like 2018 again when it went to $18,000 then tanked and went to as low as $5,000 in the next year or so?  What would you do in a situation like this now or in the future?
We cannot compare such historical data when there was a big event that completely changed the psychology of the crowd in the Crypto market. Although the year-end days of the crypto market often have a strong sell-off, I don't think this year was.
Bitcoin Halving has taken place and scarcity is getting closer. Besides, fiat money is also in a period of high inflation, so holding Bitcoin is now considered the smartest strategy.
There are so many reasons for Bitcoin to grow, at most Bitcoin only corrects strongly about 4000 - 5000 price units before it breaks the ATH peak in 2021. Smiley
26  Economy / Speculation / Re: Bitcoin is going to go to 0 on: November 29, 2020, 06:40:52 PM
haha, you did a good job brother. I'm actually quite allergic to money conservatives. They often criticize for no reason, and give the most meaningless reasons to talk about the uselessness of Bitcoin to keep people away from cryptocurrencies. I see them as clowns. Cheesy
But I think Bitcoin will soon break $ 20k towards a higher price point, it could be $ 25k - $ 28k. This is a signal that Bitcoin will go far as its price is sharply adjusted 12% but Grayscale still spent an extra $ 182 million to buy BTC at $ 17k100.
https://news.bitcoin.com/grayscale-investments-scooped-up-over-17000-btc-in-the-last-seven-days/
27  Bitcoin / Bitcoin Discussion / Re: In my school, Bitcoin is now becoming a subject on: November 29, 2020, 03:12:10 PM
The era of technology is advanced and it seems that students now know Bitcoin and they are focusing on analyzing it quite a lot.
In fact, this is also normal when the press in countries around the world are posting news about Bitcoin during this bull run. Paypal even had to open more services on Bitcoin transactions. I realize that this bodes well for the future of Bitcoin and the Crypto market. If more and more young people participate in this crypto market, surely the government has to propose a plan to support Bitcoin transactions with reasonable tax rates.
28  Economy / Speculation / Re: Where do we see the price of bitcoin after 3 decades on: November 29, 2020, 01:59:39 PM
As we all know the market pool of crypto currency is on growing stage and only around 0.5% of the world population is involved in it so once the market size gets matured enough in the hands of more than 10-20% of total world population, the price of BTC can be more than $1M in next 30years.

Refer the adoption chart predicted by cryptoaims
 Source- Cryptoaims
https://www.instagram.com/p/CIIWioFHT0R/?igshid=1h43h34vfok2j

Still its time to buy at $17600 and make rest of your life as financially independent
We all know that, but how to grow so big, no one can answer. In order to have more than 10% - 20% of the population using Crypto, surely the top coins must be added to the main payment method in major countries, but the legal system in many countries is still very difficult. Cryptocurrency. Even though major financial funds are pouring money into Bitcoin and top coins, it doesn't mean the Crypto market will soon be joined by hundreds of millions of people.
Cryptocurrency first needs to be passed many laws in major countries before we can expect more new investors to join the Crypto market.
29  Economy / Economics / Re: Will Crypto live forever or die? on: November 28, 2020, 07:18:21 PM
When world war happens, Bitcoin will be more important. Its supply remains unchanged and no bombs can lose 1 Bitcoin.
When the 3rd world war happens, I think Bitcoin will be even more important. Transactions don't need to be done directly anymore, Cryptocurrency will solve that problem in no time.
So the demand for Bitcoin will increase again and I guess it will be even rarer now.  Cheesy
30  Economy / Economics / Re: JP Morgan takes a different stand than Wall Street - US Q1 GDP will decline. on: November 28, 2020, 02:48:18 PM
 In my opinion, the GDP in Q1 of the US will definitely decrease. The COVID epidemic has not been controlled and people still have a lot of limitations in direct contact. That leads the service industry to remain unprofitable and it is difficult for them to revive when the vaccine has not been announced.
On Wall Street is no different from the Crypto market. Everyone there was trying to shill back to the future market in the hope of selling stocks at high prices to minimize their capital losses. In the financial market, we should not believe anything from outsiders, just believe in our own analysis. Wink
31  Economy / Economics / Re: Black Friday ở nước bạn năm nay thế nào? on: November 28, 2020, 01:00:34 PM
Black Friday this year is no longer as bustling as in previous years. While the Covid-19 epidemic was still there and thus, shopping in malls or shops was badly affected. But the good sign is that people are still shopping online fairly regularly and demand has also increased significantly after the first outbreak of Covid 19 six months ago.
In any case, covid 19 devastated the general economy, Black Friday or any sale event is no longer important. The biggest concern of the people now is to save money to buy stored food before the second outbreak of Covid 19.
32  Economy / Economics / Re: this pandemic have made me do research on things i never tought before economy on: November 28, 2020, 04:26:56 AM
so yesterday i did some research was reading also some educational things.
i found something interesting:  likely if we will open all world now then the currency might be hyperinflated.
So we cant open economics full around the world if we do that the fiat currencies will be like zimbawen dollars in one month.


The solution: possible solution is highest taxes we ever seen in life.
According to all calulations analysis and mathematics the high taxes are only solution keep fiat currency alive.

It is also a good way to prevent inflation, but it will not last forever because the amount of money printed on the economy remains the same and so even if the government holds a lot, the price of fiat money will be. has been devalued for a long time. So for me it makes more sense to use fiat money to buy some bitcoins to hold.
Bitcoin halving took place in June and most of the Bitcoin on Big exchanges like Bitstamp, Kraken, Okex, Huobi global have been withdrawn to their own wallets for storage and hold. This implies the current scarcity of Bitcoin, holding will be a more secure solution at the present time. What do you think about this strategy? I will greatly appreciate your serious opinion.
33  Economy / Trading Discussion / Re: What's your experience trading cryptos vs trading Stocks/Forex on: November 26, 2020, 12:10:04 PM
I have never had any experience trading in stocks or forex markets which kind of makes me curious on how the trading experience is as compared to crypto markets. I do have a few things i want to know

1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?

To trade stocks you need to open an account and need to go through many steps of verification, it will be quite time consuming. In addition, to make transactions more convenient with large volumes, we also need brokers and are required to pay fees for them. While there are many more downsides to the Crypto market, it doesn't work at night. That will avoid the manipulation activities of the rich, especially it also has ceiling and floor price regulation in some large centralized exchanges.
Both types of markets above we can make a lot of money, the most important is that you need to understand how the market works to create the best strategy and trade.
34  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH's fees on "De-Fi" platforms are ridiculously high on: November 24, 2020, 07:55:41 PM
Commissions used to be really huge, sometimes they came to $30-40 on the air, now of course there are less commissions, but they are still tangible, I would like them to be even smaller.
Transaction fees will decrease when Ethereum 2.0 is released. There will be more staking people and that will make processing the blocks faster and with a lower fee. Even we won't be afraid of network congestion because there are too many resources handling blocks in the next month. Cheesy
This upgrade of Ethereum will be able to make the Defi project emerge again. The traders will make money easily on Uniswap without having to worry about fee and token transfer time.
35  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top on 3 Reasons, Why XRP Price is Pumping very hard on: November 24, 2020, 07:05:05 PM
Despite all of these good news and believe me the main reason that has been making ripple go to the moon was the spark airdrop. You will able to get free money and people were massively buying it.
The early buyers are the winner in this case.
Imagine when someone have 1 million XRP and he will get 1:1 ratio spark token then the price of spark will worth 10 cents.
he was getting 100k instantly without needed to do a lot of effort.
Besides, there was more Spart airdrop, so the price of XRP increased so strongly.
Essentially the plans are still plans, since we don't know when Ripple will be able to convince governments, so it is not seen as the main cause.
Honestly, Ripple's airdrop news is very good, with just 1 news they made over $ 20 billion in just a few days. The power of XRP is so dreadful, it will be the altcoin with the highest growth this year.
36  Alternate cryptocurrencies / Altcoin Discussion / Re: How true is this? on: November 24, 2020, 06:48:39 AM
This is perfectly reasonable. Projects have failed in previous years because they lacked the money to operate the project, and now is definitely a good time for them to raise funds and develop the project.
Bull run makes the crowd often suffer from Fomo mentality, so new projects with full info and promising roadmap will be very welcome at the present time. It's pretty much like the ICO projects of 2017, huge money is always poured into new projects uncontrollably.
37  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP miracle on: November 24, 2020, 06:08:53 AM
XRPs tremendous pump continues, that's unbelievable just have a look from the past one week you will be shocked. I had full faith on this coin and this one is one of favorite asset.

Ripple broke through the weeks major resistance level and it remains in the Green trend, so the next resistance level could 0.75 if this goes well I am sure the price will go upto 1$ more happy news are on the way enjoy each and every movements.
I also don't really believe in my eyes, their market cap has nearly tripled in just 4 days Smiley
What's new in XRP? Or did their large community have a shill of success? I am still very vague when I see a business that takes 4 days to increase its value to 20 billion dollars.
Will it soon increase to $ 1? Or go back to its ATH like 2017? Undecided
38  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum updated 2020 high on: November 23, 2020, 07:46:43 PM
All cryptocurrencies have been affected by what is happening to Bitcoin, so the rise in ether does not attribute the fact that Bitcoin has risen and has stopped fluctuations.
Ethereum got some good news from the recovery of DEFI market and the upcoming release of ETH V2. But they are only the reasons that make the price rise, not the causes.

If the second wave of Covid 19 continues and is more powerful, we might see levels above 1000.
Yes, and ETH will be able to reach ATH again in 2021 when Biden is officially appointed president of the United States.
With the economic policy oppressing the rich and the growing cases, Bitcoin and the top altcoins will soon be the new turnaround of major financial funds. Staking in Ethereum 's PoS is a good deal because there is a lot of demand for trading at the ERC-20 platform that will further stimulate the price of ETH.
Bull run will continue because the vaccine is still uncertain for mass production, maybe the whole world will have to look to the Crypto market to avoid inflation.
39  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Stakenet hitting $1 - Doable? on: November 23, 2020, 06:47:26 PM
Stakenet will still be very difficult to thrive at the present time although Trend Defi still remains. It was possible that their marketing campaign was too poor and that didn't make many people aware of Stakenet's potential Dex platform.
In addition, if Uniswap cannot handle the large trading demand of investors, Dextools is available. It is currently one of the most reputable DEX platforms in the Crypto market. And Stakenet, the volume still does not exceed $ 1m in a day.
I think Stakenet should invest in more marketing, signature campaigns and Twitter are essential.
40  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bull on YFI? Think again. Alarming you! on: November 23, 2020, 06:19:06 PM
I think YFI will continue to fly because it just had a Doji reversal on D1.
Apart from the TA aspect I still see that YFI may soon return to its ATH. Major investment funds in the world are investing quite a lot in Defi projects and especially have just poured whales money for YFI. The current Trend Defi is not over and YFI still has enough reasons for further growth. Smiley
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!