There is no such AI that exists right now that i know of that can execute trades of its own. AI bots should have the ability to set their own rules based on ever changing market scenarios. It will learn from its previous mistake and create strategies based on that. Is there a bot that can do this? I don't think so. If i need to set the rules, strategy and everything else, then that is just an ordinary tool or automation that can help us trade. Calling something AI doesn't make it one.

If someone manages to create something that can work like that one day then i won't use that bot either. The human mind has the ability to do critical thinking and take precautions to save its assets. Sometimes experienced traders stop trading due to unfavorable market conditions. AI won't do anything like this as it will be created to take advantage of opportunities in every market movement and an unfavorable market condition can eat up all of your portfolio as AI won't have feelings like you that will warn them not to trade in this condition. AI might have many benefits but making financial decisions is not one of them.

When I saw a story like this one I tried to be more skeptical, as I could not verify the authenticity of the story and I was not sure if others felt like me or not, I think stories like this were created to get people's attention. If OP is really looking for a suggestion then he should DM some of the reputable members of his local board to get a more clear understanding of the risk involved and the approach he should take to reduce the risk. 

You are right that if the bitcoin price drops to 20k the confident level and regret will turn into nightmares for OP. People don't have the nerve to watch their portfolio drop to 40% when that is their savings for a distinct purpose. Investors should not be excited by seeing others profit. We need to understand the risk that these people took to make a profit like this and rethink our ability to bear such a risk.

This seems hard as the bitcoin network is growing exponentially but it is not impossible in theory. And we have seen people tried to do something like this before which is why there are more than 100 bitcoin hardfork networks, a lot of them are dead. However, the USA's anti crypto policy can be a concern because they might be thinking something like this, maybe not by blackrock but by any other means. This might never happen but there were several attempts before so there can be more in the future.

Bitcoins previous statistics don't guarantee it will do the same in the future. The crypto market is totally unique compared to other asset class so extensive knowledge is required to make a profit from this market by investing. Some influencers show the positive side by overshadowing the negative one. This gives newcomers overconfident which causes the downfall of their career in crypto. 

It is advisable to invest the money you can afford to lose in crypto. Sometimes the short term profit from the crypto market is not substantial for many investors. However there are not too many bitcoin centric businesses running around the world so there isn't much business opportunity for bitcoin in the real world.

What if they want to create their own set of rules for a new bitcoin network and with a hardfork they can get the coin cheaper than current bitcoin? They have the money to push the newly forked coin higher than bitcoin if they have the backing of the US government or their wall street friends. You have said the majority of the bitcoin miners won't support it but i have already shared that Bloackrock is the 2nd biggest share holder of the world top 4 out of 5 bitcoin mining companies. They do have great influence over a large portion of mining power. It won't be hard for them to convince some or all of them to join the new network but it is true that there is no guarantee that they will get community support.

What will happen if you lose your wallet's private key or if your wallet is compromised and you lose all the funds? Your study will be heavily affected and can be stopped? If that is the case then you should have never taken that risk. Bitcoins historical statistics don't guarantee that it will have the similar growth as before. Bitcoin is important to get rid of the inflation but it is not as important as your study. You can earn more than you would have earned with your investment in bitcoin if you can get yourself educated. At the finish your education bitcoin can be purchased later on with your future earning.

I think that scrept was supposed to give them my browser's cookies which might give them the information they needed to gain access to all the accounts I was using through that browser. Though i am not sure as i have never done it as those scammers want me to do but from my past experience and by observing so many server hack i think this would have happened. 

If someone is working as a moderator, he has administrator access most of the time. This responsibility demands a mind that can do critical thinking and has basic knowledge about technology, and i think this is the third time i am facing such efforts by scammers.

Recently, we have seen many big institutions, like Black Rock, Invesco, Fidelity investment, Ark Investment, WisdomTree, JP Morgan Chase, Goldman Sachs etc take an interest in bitcoin. The hottest application in the show is the BlackRock ETF application which many think is a catalyst for bitcoin.


Historically we have seen how big companies tried to take control of the bitcoin network but failed miserably due to a lack of strong support. Controlling the network seems like a major interest for the institutions. This time not only institutions but also the US government are on the list due to their anti crypto policies. Though the SEC claims that bitcoin is a commodity, they still consider it a threat to their financial institutions. They can’t allow such financial freedom among their residents as they fear they will lose control over their people which will diminish some billionaires interest.


If you read the Blackrocks ETF application then you will see there is a clause that states that  
This means blackrock can determine which network they will consider the appropriate one so it is reasonable to think they might think about pushing another bitcoin hardfork and setting their own rules to consider it the appropriate network. However BlackRock is the 2nd largest shareholder of the top 4 bitcoin mining companies which share a significant portion of the bitcoin mining profit and can also decide which bitcoin network will come first.


All this is speculative thinking and might never happens but with the influence and wealth blackrock like entities hold it is not impossible to try to do anything like this. I don't know this topic has been discussed in the forum before or not but i am curious to know what the community thinks about its.

• Do you think this can be a secret operation by the us government with Blackrock to take control over the network or is this just nothing more than speculative thinking?
  
• What will the impact be do you think if they try to do that in the future?

Source: https://blockworks.co/news/blackrock-bitcoin-etf-wolf

There was a time when LTC was in the top 10 but now there are a lot of better performing projects that have a larger community than LTC. I think projects like LTC, ETC, EOS lose their golden time and their purpose. There are projects that are ahead of all these projects in every aspect and are also in the limelight. So it is either BTC, ETH or any other major altcoin that we should be more focused on. LTC, ETC, EOS like projects won't do any miracles any more. They will give their holders profit but it won't be like those new scaling solutions.

Your post looks like you are trying to promote one of the pump groups, or your pump group if we can say so. I always stay away from such group and i think these are mostly scam groups that just use their community to pump a low cap project a little bit and show that as a reference for that pump when they are the only one who made a profit as they have already purchased that token from the market before sharing it with their community.

I know this not only because someone told me to or i have seen that on the internet but i was in one of such groups where the owner was using this technique, and he charged me $250 at that time as far as I can remember. That was a total waste of money and i haven't earned anything.

I already knew a few of these legal loopholes that rich people uses but got a clear picture of the overall scenario and how they do it. It is not rocket science but why only rich people can use this method? Because they have assets to use as a collateral and lenders trust that they can repay the loan with high interest whereas average Joe cannot. The law is for average people when wealthy people always find a way to evade them.

The feasible return seems not to be too much so it is not impossible but you need to rethink it as you are risking more than 1% for that same profit. Crypto market small correction is even 5%-7% long so if the market starts running opposite of your trade then you will lose 5 to 7 of your winning trade. As your target is to profit 1% per trade so I assume you will close your trade at 1% profit. Is that really worth it for you and if i am thinking wrong in here enlighten me.

Most of these countries are having some political or economic crisis which is a reason for the inflation. The central bank has the ability to control the circulating supply of fiat currencies but in all these countries the government is using the central bank to print more money so that they can buy dollars from the market with their newly printed money and pay interest. If the central bank could work as an independent organization without any influence from the government the situation wouldn't be that bad.

Sometimes inflation isn't all bad as it encourages people to spend their money which increases a country's GDP. Also there is no point in holding fiat currencies which are losing their value gradually but that doesn't mean everybody will buy bitcoin with their fiat currencies. However i don't think bitcoin needs an opportunity to be recognized globally and its real utility will come from its adoption which is not happening as it is supposed to. Nevertheless we are getting more people onboard but bitcoin's only use case right now is as a store of value which is good but we need a real utility in our society for bitcoin to be a world currency.

There are certain measures that can be taken to prevent any sort of hacking attempt in Discord and Telegram. It depends on the moderator's knowledge and competent behavior to save the server from scammers. If anyone is working in such a sector then he should have knowledge about all the security parameters to secure his project server as this is what the project is paying them for.

Exactly! If my current income is not sufficient to cover my family expense then I will try to find an additional income source or I will try to find another job that will be enough to support my monthly expenses. Sometimes it is not only our low income but also our lack of proper money management that causes financial problems. You can support your family even with lower income if you have knowledge about money management.

This is what they have been doing for a long time. Major powers initiate war and join in the proxy war to dismantle the whole region, then emerge as saviors by offering their weapons and money. The arms business is getting bigger globally and all the major powers are responsible for this. All terrorist organizations have a connection and are funded by a country. You can say these are some private military organizations secretly operated by various governments around the world.

It is good that you have shared what you have learned. What I think is 31 days is a very small timeframe to test a strategy and wrap up a result. A strategy should be tested for a minimum of six months before you can apply it to the real market. This timeframe depends on whether the tester himself is satisfied with the test and the result. TBH you won't get a better result by only testing for 31 days.

My trading career wasn't very charming though i have extensive knowledge about market behavior, risk management, chart analysis and everything related to trading. I have learned all this through experience but I stopped trading after taking a massive loss due to the Luna crash. The funny thing is that my biggest loss in the altcoin is my biggest gain in the altcoin as well. I think it's all about knowledge, experience and luck.

It depends on your knowledge, expertise and passion. If you are doing business and doing well then there is no point in looking for ways of generating money in crypto. Why take a risk on something you don't have passion for or knowledge about?

But if you are looking for an option to get rid of inflation then it is advisable to gain knowledge about crypto as i think bitcoin is better than gold in terms of fighting inflation. Don't be like those guys who watch a video about dogecoin and start investing in it without any justification. You should learn about where you are putting your money and whether the associated risk is bearable for you or not.

Having basic knowledge about the finance is the most important and first step if someone is trying to improve their financial status. What happens most of the time is that people don't have any idea about the difference between assets and liabilities. They sometimes spend their money on liabilities with the intention of investing them in an asset. Taking risks and working hard is the second part of the story.