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2041  Bitcoin / Bitcoin Discussion / Re: If not invested then do it now... on: January 30, 2022, 06:34:59 PM
Bitcoin falling below $30k : People it's going to be dead and it's bubble and those who have invested panic sell

Bitcoin again pumping to $50k : People say we have missed the boat again

The people who takes the boat in between this time are going to profit journey not the spectators just speaking about it from offshore.I don't know what they think and speaking abruptly who the hell ask you to go for one whole Bitcoin as making investment is good with whatever you are willing to do so and later on you can carry on with Dollar cost averaging method to invest.
I used to tell my friends this, until they would blame me for losing money in the market because of a price drop. So this time around I don’t bother much about that, but I make sure to keep on investing no matter the condition of the market. Although I always plan myself properly in a way that the decrease in the price wouldn't really affect me.

Because, if you just keep on jumping at anytime you see, it might hit at a point where you might be affected by the price, so you just have to take a calculated risk and invest when it’s good for you and the amount that is also good for you. And I’m not the type that likes investing during a bullish trend, I do my investments now that the market is bearish and wait till then.
2042  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is valuable? on: January 30, 2022, 02:58:05 PM
Bitcoin is valuable because of it steady growth and Metal backed money is having such similarity
Steady growth is not the answer. Growth is something that happens when there is a demand, and if there is no demand taking place in the market , then there wouldn’t be a steady growth. So, why you are seeing the growth in the market today is because of the fact that we have a steady demand taking place in the market.

Look at gold as an example of the metals that you have talked about, gold market steady keeps growing over so many years, why? Because we all see it as a precious metal, and we feel that it has value, so we demand for it. It doesn’t grow magically, it’s demand pushing it.
2043  Alternate cryptocurrencies / Altcoin Discussion / Re: Know when to buy and hold on: January 29, 2022, 09:59:48 PM
It is not bad if you hold for short term, everyone has their own strategy how they can make profit whether for short term or long term but I think I prefer to hold for long term because I will gain much profit if I keep holding for years especially if the market is bullish. Right now it is good time to buy because it seems almost all coins went down at -50%+, it is really good to buy now and hold for long term.
No, he did not say its bad but he is only giving his opinion if what he think is good for him. Everyone has their own strategy but i think that most strategy are for long term because this is more easier to do as your mostly required to hold and maybe obligated on buying sometimes when the market hits the bear.

When it comes to profitability, short term goers can make a profit equal to what your making or they can make more if they are really good at it but they are only risking themselves more to get the results as quickly as possible. No matter what side we are in, whether short term or long term, both will agree that its now a good time to buy.
2044  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Hotbit exchange, is it safe and good to trade here? on: January 29, 2022, 02:29:01 PM

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?
Don't rely on exchange when it comes to the potential of the coins or tokens, exchanges will delist tokens that are not performing well in the market, it's better to look at every token or coin that you want to trade, Hotbit is a good exchange I have traded a lot of coins and tokens and I have no issue, although in the past their text confirmation always arrives late, they already fix it, based on my last transaction.
Why not? I think exchange is one of the basis to know if the coin is good or not because based on my observation almost good projects will take the effort to get listed on top exchanges. Cannot you see that almost new born coins on binance, get successful later on? The poorer the exchange the less stricter they are so I do not think they will easily delist coins that are not performing well. They will prolong it, as long as they are still receiving payments from the coin owner.

Overall, I am not saying that hotbit is one of the bad exchange but hotbit is in fact one the exchanges that are popular and it is better than the exchanges that I have use on the past.
2045  Economy / Economics / Re: No where is actually safe on: January 28, 2022, 02:38:17 PM
Cryptocurrency is not as easy as most people think.  Even if one buy a coin to hodl,  if the person don't have patient mind to wait to make profit the person may decides to sell it , also if the person don't have a job as a source of income the person won't be able to wait and may decide to sell it to solve problems.
How can they buy a crypto if they do not have a job? But, unexpected things can happen like they can loose their job and the only thing that will be left for them is their crypto investments. Selling a portion of your cryptos is not bad to be able to support your life for a while but you may need to start moving, find a job replacement as soon as possible. You may not want to use all your crypto investments did not you?

The time will come that we can relax but it would be better if we can relax while we have lots of cash in our pockets , we can buy the things whatever we want, we can travel anywhere and so on. This will be easier with the help of cryptos.
2046  Economy / Economics / Re: The Metaverse economics and Meta-laws on: January 28, 2022, 10:38:06 AM
The Metaverse seems full of legal, philosophical and economic questions yet to be answered.
Metaverse policies are still in the shadows of uncertainty. It's kind of like the world the big investors are coming in and we'll still be sticking users by the side. But at first glance, I think the impact will not be too supportive of the economy of the middle to lower class people. A metaverse is just a place of business for big companies to set up 3D online stores and sell some expensive NFT collections. I don't think it will have much of a big impact on our economy, except for investors and companies that will make more money.
It is still kinda new so yeah there are uncertainties. It is still new, that is why so many big investors are grabbing the opportunity and because they also saw a big potential with it but this did not mean that small players cant join the game but in fact we can also benefit from this once they already build a platform (thanks to the investors money).

When it comes to laws and regulation, I think it the one that can set that is the owner and for the punishment, I think it will be the same as what other projects but for the privacy matters, I think we will have more privacy here because this is metaverse and metaverse is something that deals with decentralization just like cryptos.
2047  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is valuable? on: January 28, 2022, 08:16:44 AM
when you say 21 million people buy 1 bitcoin each person actually in this case it is impossible to do.
first bitcoins are currently still being mined and it is still quite a while for them to finish mining.
secondly, if they buy it, then what is it for? we are in bitcoin because this is a profitable investment for the future (for me) and when it is for sure when the price in bitcoin matches what I want of course I will sell my bitcoin and it will definitely happen to someone else also because there really are a lot of people who would like that and I'm not the only one doing it
Let say that all 21 million bitcoin are mined, I still do not think that 21 million people can buy 1 bitcoin each because when the time comes when the 21 million bitcoin have all been mined, their value is also going to be very expensive and yes the op is right when he say that people cannot buy anymore after owning 1 bitcoin, because they will now be broke or full of debts after that lol but seriously if what the op means is about the circulation or obtaining a new bitcoin then its still possible because like you said most of us here that involved in bitcoin are only for the profit, we do not hold bitcoin forever so the bitcoin still circulates from one person to the other.
2048  Economy / Economics / Re: Are Institutional investors changing the Bitcoin price behaviour? on: January 28, 2022, 07:48:45 AM
The answer is absolutely yes. Firstly, it has become more stable (that is, for me, bad) but the worse thing is exactly what you hint in your post, the linking between the rest of the assets and the price of bitcoin. To be honest, there is no asset that can be free from the massive influence of the money printing by the central banks, is like using a gun against a tank and, lately, the FED and the CEB have been sending a full armoured division.
I disagree with you totally. That government is printing lots of fiat doesn’t mean that Bitcoin would lose value, how does bitcoin have anything to do with fiat? They are both different and independent on their own. Bitcoin was created to be a deflationary currency, while fiat is inflationary. So, these two are totally different. As more fiat is being printed, fiat would be the one that is losing value in this case due to inflation, while Bitcoin continues to gain more value as fiat continues to lose. That is just it.
2049  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: January 27, 2022, 09:38:12 PM
From the beginning I always knew that the League was not going to be a problem for PSG, but the Champions League is something else, I think that is the strength of everything, of course it does not mean that the interest in the local tournament is less important , but what they continue to opr most now is the outcome of the UCL, I think that if they continue to play that way they will be able to achieve many things and if they manage to understand how I think it can be, it is likely that no player will leave the team.
In last few seasons they are not looking for Ligue 1 because they know it's usual business for them right now their main focus is on Champions League which is the biggest challenge for them in lase few seasons, and they sack Tuchel and bring new coach just because of this title but sadly right now it's not easy for them to having this in this season again because they are very good but still having not enough power to score more goals against quality teams.

If they have done some better homework and have better strategy then surely they can win but with current state of mind it's not easy for them as most of the time they are doing big mistakes which are having some bad impact on their game and result of game.
2050  Economy / Economics / Re: One nation one currency... on: January 27, 2022, 09:21:30 PM
From the beginning of humans, we have created boundaries between ourselves by lots of conflict over the century. Our greediness and eagerness for more power make us intelligent animals. Humans are capable of their own destruction. But what if those never happen? what will be the scenario of the current world if there is only one nation and one currency and humans invest their full strength for human resource development and the development of science and technology? What do you think is that even possible in the future and what will be the benefits and inconvenience of it?
The firs boundary I think is our gender. God created the humans differently, there are male and female. Both genders needs privacy. Fast forward, after that, there are now wars because some are power hungry and want to dominate this x country to make it their own. Till now this still happens, there are still wars but not as heavy as before.

It will be nice if all countries unite and create no more boundaries and will this be more possible because of bitcoin? Because bitcoin is not created by a specific country right? Anyone can use it. We do not need different fiats anymore but bitcoin will be enough for all of us. I think living that way is more fun and peaceful is not it?
2051  Bitcoin / Bitcoin Discussion / Re: Is El Salvador in debt because of the bitcoin price drop? on: January 27, 2022, 08:31:58 PM
is el salvador in debt because of bitcoin's decline,?? According to the media that I'm reading now, El Salvador's debt is increasing due to the influence of the decline in bitcoin, but there are also media that say that bukele actually buys up bitcoin when the price is falling, maybe your question should just ask bukele directly, because only bukele knows more about the country's finances, because if we read articles about el salvador there is no certainty..
Not all that we read online are true but they can put up a headline like this just to gain attention without really knowing the real situation. No president will do crazy things and make his country in danger because that will tarnish his reputation. I think the second article that you read where bukele buys more bitcoin is true because he is a real bitcoin enthusiast. The actions he made on the past proves it.

I am also curious if those posts of their President are Bitcoin bought using funds of El Salvador because maybe it comes from the money of their President itself.
And even if those are coming from the pocket of El Salvador, I believe those amounts are just a very very small amount of money I believe it will not affect the country's fund at all. Their Bitcoin portfolio is already underwater, lol.
I guess it only comes from the pocket of bukele. A president salary is huge and he can use that to buy lots of bitcoins. Countries funds should be handled safely and stably, away from fluctuations because will only be used to improve the country itself, not on the things that can cause more harm in the future.
2052  Bitcoin / Bitcoin Discussion / Re: Russia's Central Bank proposes ban on Cryptocurrency trading and mining on: January 27, 2022, 07:40:34 PM
The prohibition of trading and investing in BTC due to disrupting their economic stability is the regulator's alibi to secure centralized conditions that make them an overpowered party.  How can I say it, with a centralized system they have absolute power over the assets you keep in your account whereas if you use crypto they will not be able to intervene.  The step taken by Russia is one of many countries that do not want its system to be replaced.  This is normal in power politics.
They mention something about mining that mining is not healthy for the environment. This reminds me of Elon before because he also said the same thing after cutting his connection with btc and uses doge and shib instead but if mining is their only problem, why is trading affected? And just like Elon, they can also support other cryptos that are more greener to the environment​.

No need to ban all cryptos at all but nah they did not do it so you might be right that its only their alibi to avoid using cryptos. Let's just hope that this news wont be seen by weak handed crypto users because this again will cause panic and drive the price down more evenly.
2053  Alternate cryptocurrencies / Altcoin Discussion / Re: Show a newbie the way on: January 27, 2022, 07:04:52 PM
Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?
Bear market has been here since last time and it will soon go. It is hard to earn money in a bear market but you can do short term trades, you just need to play it safely. Sell coins immediately once seeing some gains and then buy again when the price goes down. Cannot say that staking is a bad idea because from what I understand, staking is like a long term holding.

You can buy now at a discounted price to be able to stake more so more money for you to harvest in the future. for mining, not just the bear that can affect your profit but other things as well like the electricity bills, maintenance cost, mining equipment you must determine them first.
2054  Alternate cryptocurrencies / Altcoin Discussion / Re: My crazy plan for 2025 on: January 26, 2022, 07:26:30 PM
This is indeed a very crazy plan but I support with your big plan because it is something that can indeed be profitable if later all memecoins that you hold can increase, and memecoin is currently being talked about by many investors will get big profits in the future, hopefully with this big plan you can be successful in the future.
Well nothing is impossible. Dogecoin was once an old meme coin and who would have thought that it will survive up until this date? Not just surviving but also have reach an all time high last time despite of the hate and negativeness that it got since its announcement.

Even not all meme coin in his list would succeed, he can still earn a decent amount if one or two of them will survive. Right now, safemoon and shib are still a talk of the town because of how hyped they are and they are now even listed on decent exchanges like binance. This can be a crazy plan for op but this is not a waste of time because I see that he is very passionate and serious about it.
2055  Economy / Economics / Re: Digital asset is for holding on: January 26, 2022, 06:29:29 PM
Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait
I think this boils down to the individual and how they see this crypto space and its investment opportunities. Some person sees it as a get rich quick scheme and so they can hodl for along time. While some that understand the principles of bitcoin investments and then hodling is the way to have the best benefits out of cryptocurrency investments. And some other people due to lack of patients may seek quick profits and then may achieve their goals or not.

When not all the people are seeking same level of high profits, I guess we cannot say that holding is suitable for everyone. Some people will be satisfied with small returns which is possible within a day and that does not mean that digital assets are bad for daily trading.
2056  Economy / Economics / Re: Dont just borrow money but for the right reason on: January 26, 2022, 01:42:20 PM
This is a very bad advice, I still don't understand why humans keeps fate aside and goes on with what people tell them to do, debt isn't for everybody, just because something works your way doesn't mean it will work for others, it can land them into deep trouble, you use debt doesn't mean I should
You still have a valid point, but how do you achieve success if you are not willing to take risks? I understand that if something works for someone else, it does not necessarily mean that it will work for you, but why not give it a shot and see if it is successful on your end rather than taking a chance? Regardless of the risk involved, businessmen and investors are willing to take a chance on their ideas because, if they are successful, they will reap substantial financial rewards from their efforts. The disadvantage is that you will be in debt if your venture is unsuccessful.
I agree on you that its better to try than not trying at all but I also agree on the guy above, it is not fun to stuck in debt. I think this is where the mistake of the op where he recommends everyone to take a loan in the bank, he sounds very greedy of earning huge money.

Why take a loan when when we already have a money to invest with? and even if we do not have the money right now, I still wont recommend loaning in a bank just to invest on something because investing is risky even though we are talking about metaverse. I prefer the basic way, working to have a money and invest that money, if metaverse is the future, your small money that you invested can turn huge .
2057  Economy / Gambling / Re: Profitable Poker Bot ready for use ! on: January 25, 2022, 08:35:54 PM
When i began play poker, i read lots of poker books. And in several of them where a strategy how to play with any pair. It depends on you place on the table, blind places, actions from other players. The was a table what you ought to do in any situation. I tried to play like this book teaches. It was rather easy to win the bots, but when i decided to play with players the same strategy - i began to lose quickly. I think that this bot is about this table.
Haha, this is how it works, I think. The bot was tested on bots. But when you start to play with real people, there are some important additional aspects that come into play.
He only said that its proven but he did not include a proof in his first post and it would be better if he allow trial so that people can try and see if it really works. People are the ones that configure the bots, people are smarter than it so expect that we can still loose no matter how good the bot we are using.

I think the advantage of using a bot is that we can play poker straight away even if we have a less experience, but learning from scratch is always the best way to go and  there are lots of genuine tutorials online but again do not expect that you can win immediately after you apply them. It may still take time to become a pro in poker and it sometimes need an extra luck.
2058  Economy / Trading Discussion / Re: Diversifying Your Portfolio in Crypto on: January 25, 2022, 12:46:50 PM
Diversifying your crypto portfolio is a better option because it reduces your risk of bearing heavy losses. In a bear market, everything goes down, but if you have a diversified portfolio, then the ratio of your losses will be a lot lesser compared to having all your capital invested in a single crypto. Diversification is considered a great risk management strategy, and you must definitely implement it when trading cryptos.
How can your losses be lessen when everything goes down ? but in a bear market I do not believe that everything goes down. Recently we are in a bear but some altcoins manage to stay pumped so yeah diversifying really works and helps reduced our losses and possibly gives us a profit when other coins that we picked are down.

I think that diversification works better on investing than in trading because in trading we need to focus properly and the actions can be done quickly while investing usually takes a lot of time, and movements of the coins can change. Having enough capital is also recommended when diversifying so that you can access more set of coins.
2059  Economy / Speculation / Re: Bitcoin to hit $100k? on: January 25, 2022, 10:21:02 AM
It's not possible because even last year bitcoin achieved 2 all timeh high value, how much more now on this situation especially if the bull starts early?. For sure 100k is easy to achieve this year.  Cheesy actually that prediction isn't new because last year there's a buch of prediction that 100k is the all time high before 2021 end unfortunately bearish take over.  So let's hope within this year it will happen.
It is true that bitcoin price will hit $100k but it is not possible in 2022. but it can happen in the Quarter 3 - Quarter 4 2023. but it is also not sure. But after touch 35k it can move again and within this year or first quarter of 2023 can make a New ATH.
That is too early, I think this will take till 2024 mate , because that is the effect of the next Bitcoin miner Halving in which mostly the sign of Bullrunning  and mostly recorded the highest market can be.
so Not this year, not in 2023 but in 2024 i Believe?
correct me if I'm wrong lol.
Too early? No, I do not think so. There might be big dips and that can only make an illusion that btc price is low but we cant forget the fact that btc is only 13 years old now and have got in a lot of challenges, not only ups but also downs and how can someone will know that 100k will be achieved in 2023 and 2024?

Why wait for that long and why not this year? I mean there is still plenty of room for btc to adjust, we are not in the middle of the first quarter. In the meantime it would be better if we can just chill and relax, buy more btc and then patiently holding it. Do not stress your selves thinking about 100k because it will just come.
2060  Economy / Trading Discussion / Re: Buy low, Sell high? on: January 24, 2022, 09:54:32 PM
We have heard this term many times but in practical it's hard to say which is the right moment to sell or buy and it all depends on our profit/loss point.Like you could make profits at $45k or $60k if you have bought low but it's you who will decide whether to hold or sell and vice versa for the loss.

The market will always say to buy at low but you will have to decide at what low level you can or are willing to invest as it's personal decision.Try to have more during dips and sell some at profits.
It's hard to decide our personal entry price, but we can do some analysis to decide that. If the price keeps falling then just put more money until you dont have any cold money that you can use for investment so just wait for something big to happen. There's no guarantee that the price will get it's ATH next year or even this year the thing that we can do is just believe the price will reach a new ATH someday.   
Why hard? If it is not you that can decide  then who will do it? Other people? No. That's your money so you know whats good for it  but we should not enter things first if we do not know how can we solve it. Investing when there is a dip is fine but as long as you are not in a loss yet or have not started yet but if your already loosing , do you want to loose more ? In case, the price falls further.

There is no guarantee in everything even in ath's of cryptos so do not just expect for something that is impossible to happen like 1m for btc but you can just sell once you already earn some because that is what matters the most .
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