I have tried bitcoin trading and failed, I learned technical analysis but again failed. Bitcoin just doesn't follow the technical analysis terms like the forex or it is me who is failed to give my 100% effort on learning and implementing those into bitcoin trading.
Even if you used TA on forex, it still doesn't mean you're going to make money. Always remember when doing active trading, you're trading against actual professionals on trading desks working for huge companies. Quite difficult to win against them if you're just a retail trader trading in your pajamas. |
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Pretty simple. It's either he's super ignorant, or the fact that he has an agenda to push.
While most people would think that the latter is definitely the answer, I personally think there's a good chance that it's the former. Decentralization and open-source software is something that wouldn't immediately sort of 'click' with people — what more when we're talking about non internet-native boomers.
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So what exactly is the problem here if they ranked up through the contest? Sure, there might be some alt accounts there that saw an easy way to get merit (like in all activities where bunch of merits is shared) but in order to reach higher ranks they will have to write decent posts.
Add the fact that the number of users who managed to capitalize through the contest is only a very small number compared to the number of users in the grand scheme of things. The contest might've been taken advantage of, but in general it's a nothingburger. |
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how to deal with inflation according to my community:
1. Save money
2. Prepare for an emergency
3. Looking for additional income
4. Consumption of domestic products
5. Start investing and saving
that is the way in my opinion to overcome inflation in society. then what do you think? Is this way possible to overcome inflation?
This is what 99% of people should be doing despite there being inflation or not. But most important in the context of inflation is cashflow — so you'd have more and more capital to invest in productive assets. |
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Don't get your hopes up too much. While we've seen a good bounce, it doesn't mean we're out of the bear just yet. We can just as easily drop down lower than the current low just as quick or maybe quicker than the recent bounce.
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Is there anything to discuss concerning those dice/slot/table games anyway? Discussion concerning those stuff would likely end up being about specific platforms as far as I know — whereas we already have the Service Discussion section for this.
Not really. Sports betting makes sense since there's a ton of variables to discuss pretty much every week, but dice betting or even betting games against the house don't really change all that much. I imagine there would be a few threads about techniques, but that's about it. Hence, why I don't think we particularly need another section. If anything, you'd probably want to separate sports gambling discussion from gambling discussion, but again I don't think it's necessary. Well yes that's exactly what I meant lol. Discussions about dice/slot/table would mostly be about how specific platforms conduct these games(odds, fees, etc), which fits decently in the Service Discussion section. |
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It is an investment if you're a country in which the currency is going downhill, so if you have and you get paid in Turkish Lira, Argentinian Peso, or Rial, yeah, USDT could be considered some kind of "investment", as you basically invest in foreign currency, of course with the said risks of owning a token that might be worthless tomorrow. But if you're in the US or EU this makes as much sense as any other of this guy and his clone accounts ideas! Just think about how he solves all the liquidity problems caused by the forex market by connecting USDT to all ATMs!  It's a lot more of 'hedging' than 'investing' in this case. An investment is mostly referred to something whereas you expect profit. On the other hand — people from countries with crappy fiat money hold USD to limit risk, not necessarily to profit (unless you attempt to get in and out, forex trader style). |
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I would have preferred fiat-backed stable coins to fiat but most fiat-backed stable coins can be freezed on noncustodial wallet directly which still makes it to be centralized just like USDT, USDC, BUSD and many others. You created an awesome topic for it in the past. If I should be sincere, I too have some stable coins that can be freezed on noncustodial wallet, but I am always panic for my funds not to be freezed at anytime because it can. Yes I'm totally aware of the risks. It's just worth risking in my opinion, knowing the banks and government of the country I'm currently residing in. I simply distrust the Philippines' banks and government a lot more. |
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Did you really actually say that USDT and stablecoins is a great investment? Broski I don't think you even know what an "investment" is if you think something pegged to the USD is an "investment".
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Is there anything to discuss concerning those dice/slot/table games anyway? Discussion concerning those stuff would likely end up being about specific platforms as far as I know — whereas we already have the Service Discussion section for this.
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Or better yet, watch out for clipboard-hijacking malware — whereas certain malware pastes a different wallet address(the hacker's address) compared to the one you copied(the supposedly recipient) and think you pasted.
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What PX-Z said. Bitcointalk is such a small demographic that I doubt they're specifically targeting Bitcointalk users that it's almost irrelevant in the grand scheme of things. Also taking note that Bitcointalk users tend to slightly geared more towards the bitcoin maximalist side, hence is unlikely to be interested in trading shitcoins.
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How it was like: green. green everywhere.
How to prepare for it: never be all-out of bitcoin/crypto, and always have money to buy dips. Or better yet, just continue accumulating through dollar-cost averaging (DCA).
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Kind of, but usually these products that you mention come with user manuals, and in depth information. Including, safety guides if anything were to go wrong with the internals or even exposing it to the elements. A lot of this stuff is ignored because it's generally common sense, but I believe it's a law that they have to provide it.
That is true. But correct me if I'm wrong — but on the user manuals, I'm guessing that there isn't much focus on profitability but rather mostly focused how to operate the mining hardware. Trying to make profit and managing a mining business is another thing entirely. |
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Ah, banking glitches. Here in the Philippines, you'd be totally surprised if there wasn't at least a single major banking issue when it comes to the major banks lmao. It's just so bad that the panic is pretty much minimal. This is one reason that I slightly prefer holding BTC and USDC than storing money in local banks.
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I guess El Salvador is bringing too much attention for Bitcoin. There might be 2 main reasons here, 1 for the Bitcoin adoption and 2 for personal gain. I've heard the president of El Salvador is pushing hard with this financial innovations, not everyone in the country loves the idea.
Well, let's just hope they'll become successful with this innovation and that they are doing the right thing.
You could argue that both cases are for personal gain or for El Salvador's own good. Bitcoin "real" adoption = more demand for bitcoin = increase in BTC price = increase in value for El Salvador's bitcoin holdings |
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sorry is three arrow capital already bankrupt and they still want to make an exchange, centralized exchange is serious business right and after mtgox ftx and other bunch of fake scam exchange, I don't know if people still wanna try it out
With most business/companies that require a crap ton of money to operate(like exchanges, in this case), they seek funding(investments) from venture capitalist groups and angel investors — and that's definitely what they're trying to do here. |
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It's no problem to trust the stock platform since stock has an insurance, although it can't cover the whole your investment.
While in Bitcoin, there's no such insurance platform and we must use hardware wallet.
It's not just that you can trust most platforms or that there's insurance, it's more of the fact that you have no choice but to trust them. I mean, how will you own the public stocks anyway in the first place? There's no such thing as non-custodial public shares. Everything needs to be done on a centralized platform. |
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What do you think it is worse? It's clear to me.
On the other hand, I only see sense in it if you have enough liquidity. If you have 0.05 Bitcoin I think it's bullshit, and even more if you are going to have it in HW, which is how you should, because you are going to spend 20-30% of your holdings in custody.
Then you would have to take into account other things, for example, you will have physically remote places to hide them, right? I wouldn't see the point of having your holdings distributed in 3 wallets but hidden in the same house, even in 3 different places, because you would have a high risk of being robbed with a 5 wrench attack.
I don't necessarily think it's worse, it's just not 'better'. Personally, I'd slightly advocate more towards Shamir's secret sharing scheme instead. But yea, this is one of those things that's mostly going to be subjective. |
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Anyway, I disagree with you OP that much. Yes, we should not trust the online platform about investments. But, how we are going to invest without risking our money in online platforms?
When talking about stock investing, you have no choice but to trust platforms. On the other hand when talking about bitcoin/crypto investing, you can simply not trust centralized platforms and do things peer-to-peer — which is heavily recommended all the time here on Bitcointalk. |
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