With the passage of time and the increase in value, will cryptocurrency be used in the world instead of fiat currency?
Fiat has its own use and is difficult to replace because Fiat is also the identity of a country, I think the most likely thing is that crypto will be used more and more for online transactions, but its use will not (at least for now) can replace Fiat. This is almost a reason for unrealistic possibility for cryptocurrency to replace Fiat. Country's identify is going to be a stop to realize that. I don't think that there is a particular country that would relax the use of there Fiat for cryptocurrency, even El Salvador that admits the use of cryptocurrency yet uses her Fiat and that is giving us that idea of what the practice would be in future for every other country. However, cryptocurrency will well satisfying the global digital need. |
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Set a bankroll, maximum expenses for gambling for every session, adjust it to whether you play daily, weekly, monthly, or even randomly. Just take into account how much you actually play, how much you earn and play around with it. Once you exceed your bankroll at any given time, no matter the situation or occasion, stop and get help. It's pretty much my way of telling myself that, oh damn, something's wrong, I'm playing way too much now, overboard of what I should be playing at kind of thing. Don't even add your winnings tbh, just the standard daily limit is enough.
We are talking about an addict  . An addict won't do such that you have listed lol. Only a gambler in control can do that and not an addict. Anyway, anything we do excessively and we lose control of ourselves makes us an addict to that which we do to the extent that it controls our being. It isn't easy to come out of addiction, some die from addiction , for example drugs especially musicians and known personalities. |
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Am I striving to become the master of slaves?
No you are not because you are rather fighting for the freedom of all. Slavery is what fiat is doing but cryptocurrency is giving total control of your money to and you can decide to spend it the way you like without a third party or the bank to know your balance or how much you spent.
Perhaps those who climb the corporate ladder think in those terms?
Those who have climbed on the the ladder who are crypto enthusiasts are not of those terms, they understand what being free is.
Are we creating our own cryptocurrency just to be our own masters or are we actually seeking to become the new masters of the new slaves?
We are in this together trying to liberate ourselves to better educate those who don't know what is happening. They are many people out there that doesn't know what cryptocurrency or bitcoin is , so we are gaining this experience to better educate our people more. |
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I will never forget how he helped to organize and manage food delivery in his region, when it was a disaster situation in the beginning of the COVID-19 pandemic. Keep it up bro! Boss, your are the boss  That is a very big achievement of this user that this helpful forum won't forget. He has the giving heart and the bible told us that givers never lack, you won't lack brother. Remembering how long you have been here also brings people to remember how far you have gone to help people. You have also done well in managing signature campaign on your table. More blessings will come to you. I congratulate you humble and kind fellow. |
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Op you have really made more confusing thread than you have made helpful or simple kind of it. The numerous analysis should be supported by charts to guide followers. Like the points you made and breaks etc, should be pointed to for easy understanding of your analysis because almost all trader has their own kind of analysis.
As about trading bitcoin, it is lucrative . Trading is different from hodling.
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Lately some government have come hard on cryptocurrency in trying to ban activities or stop people from crypto. India and Nigeria have a restriction on their people from freely using or hodling crypto, although that of Nigeria is to crypto accounts in the banks but that is part of restrictions. Now the latest country to come with another policy in line with restricting patronage of crypto is UK. UK BAN ON BINANCEUK is restricting Binance from there service in the UK and warning the people against binance.com. These restrictions looks to me like a means to regulate the activities of cryptocurrency. In my own reason, I think we get this kind of news whenever the market turns bear after a good bull run and the government politicians have cashed out.  |
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I want to earn extra income through bounty hunting and hopefully you can share good projects worthy joining for in signature campaign.
I don't know why nobody in the comments made advised you to get focused on building your account. You have less than 70 activities which means you just about three months in your account and you are looking into jumping in for money. There are accounts older than you that have not got into such benefit if I may say. So focus on your account and build your knowledge. For the information you need to hear, member accounts these days hardly get such opening especially in btc signature. My advise for you is, how about working to upgrade into your next level? Bounties are no guarantee that you won't waste your time because of scam. It is adventure depending on luck. There are few reputable managers , yet not a guarantee you will get the project in an exchange. |
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You may spend more
I disagree with this due to the fact that if world goes cashless and all would adopt with it, companies like PUNDIX and binance support cards which you could use for transactions with less fees involve. No hassle holding your money. Another thing is it is inevitable due to the fact that this pandemic helps a lot with digitalization and cashless transaction is a trend. Yes you may spend more with cashless and that is because you have access to your money at any time through your app. Your fingers gets inchy for buying something even if not needed the particular time but because you are a second away from your money, you open your app and transfer is made. On that point, if you were to get to your bank to facilitate withdrawal or transaction, you may not see the need for unnecessary spending. Looking at the instances, you understand it that you can spend more with an app than going to stand at the front of a cashier for transactions. |
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On the other hand, many banks have openly embraced the technology behind cryptocurrencies like BTC which could help their improve their centralized currencies.
They could offer cryptocurrencies as alternate payment methods though if their governments permit them to do so.
I think you are talking about the blockchain technology but not cryptocurrency adoption directly or maybe I'm yet to observe that but the issue for the banks is control and regulations. Fiat is regulated by the government but no control of cryptocurrency, although few countries are considering such |
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Learn not to invest your money in such a project you can't determine what the team is up to. Moreover is a big money that you have involved in it for a project of such not listed in a reputable exchange. Your enquiry here when you have already invested is not a wise idea. Make research first before you get your money in.
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Fear from not taking your chance This fear is something that can't be eliminated for every trader, even if you are already reliable. Fomo is one of the power movers for traders and if you can't control this feeling, you will surely just get carried away. No... An experienced trader would have seen almost or same occurrence repeating itself, so taking the good chance for profit shouldn't be a fear for such trader. Here are some of the qualities of an experienced trader: He understands that when making a trade order, he is calling for profit or losses He is able to read the chart and to recognise a repeated happening and goes for the kill. Such trader uses money management and stop loss. |
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Very good point mate, a very good advice for serious traders, funny enough, I stopped day trading cus of fear, maybe I allowed that fear take the better part of me, and each time I read a post like this, I get this feel and zeal to go into day trading again, but then, this things are easier said than done 😂😂.
Though in my days of day trading, I didn't really take it seriously like a professional would, so cus of this, I dont have much a trading strategy, and I can also link this to some percentage of laziness but fear of loosing money takes the most part, one thing I understand about fear in trading is that it's gonna take a lot of work and time to finally get rid of it, and this is when can comfortably and confidently enter the market without any fear of loosing even when he or she eventually looses, he or she sees it as a money that has sworn to be lost and simply move on to the next trade, I think until one get to this stage, trading won't be much fun as it ought to.
but then, this things are easier said than done 😂😂. This is not true friend. Looking through your post too I can see you still know that you have not done a lot of work on it or given your time to trading. Until you have made time to build your self which will give yo you adequate experience from your rise and fall from losses then you can still be having the notion of easier said than done. It is your experience that will help you to understand the market, the spikes (that usually take traders out on stop loss lol) candlestick and the whole of technical analysis and sentiment of the market. Trading is passion and if you don't have passion for any endeavour, you can likely fail or managing yourself on it and it is better not to manage trading but to give time to it. Challenges will come but you can go over it with experience. Fear can be worked on by reducing risk. |
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@ oceat, bro you forgot that politics is a strong hodl to economy. So it can change the direction of economic policies. If government in the discussion spread fud about cryptocurrency, it will definitely change certain government poli.
Maybe he should consider trading like scalping because it seems that he's a hodler waiting for Bitcoin to reach the $200k. That's an instant profit that would make him rich in a single night.
Lol it is actually surprising how people think cryptocurrency hodling is an instant money doubling mechanism, nope it is not. There are different ways to make money with it like staking, trading your hodlings (that is simply selling and buying back at deep) and that won't be boring as Op said. I have a thread that can also guide and read contributions there. https://bitcointalk.org/index.php?topic=5343424.msg57216690#msg57216690 |
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The G7 summit may have some effect on crypto currency market because they might discuss how the economy can move forward and the heads of government trying to introduce policies on that too. This may either lead to better adoption or fud in cryptocurrency. The situation of the global economy is not exactly feeling better in the last year to this time and more investors are living the real life investment to online.
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Checking EverRise from coingecko shows no good information to hold on to for this project, only in pancakeSwap. This is not encouraging to invest on so you don't have to regret. To the best of my knowledge, coins that are not paired with Eth or btc is difficult to catch my interest because to an extent it shows seriousness on the part of the team. It may be pump and dump, there are other good projects to invest in.
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Apparently a bearish move is not so likely to happen as it could be a couple of days ago, very interesting news that keep trashing all technical analysis ahahahah.
Reversals are likely to happen in market and this is because of the technical that are being changed by news. At the times the news seize to come, don't be surprised that price will spike up. The market looks bear though but may not eventually take that direction because there are no major dumps happening which is the reason it is a little slow in volatility. |
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Congratulations to you.
I Pick 79
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Well explained, the main difference is mental control between gamblers and traders. Some traders ignore the main plan and go for risky leveraged trades due to greed or fear of missing out potential opportunities. Having a trading plan and avoiding accepting risky trades will not guarantee high returns on investments but it also avoids the deep losses in long term. Experienced traders can manage the emotions and they know there will be other opportunities if they miss one.
Your response is cool but where you talk on fear of missing potential opportunities is where I could hit on. fear of missing out potential opportunities. If we talk of potential opportunities, then I don't think fear of missing out comes in. Fear of missing out is when you see an opening that you may not be sure of but yet you want to go in so that you are a partaker of such profit if turns out to be profit. Is like example you are not sure of the depth of a river, yet you are joining others in the swim. Again or whether a river is hot, warm or cold water but because others are swimming in it (with their strategy), you also joining without having good plan for it. |
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