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221  Alternate cryptocurrencies / Altcoin Discussion / Re: My Painting is now NFT on: February 08, 2022, 06:50:53 AM
Not to be a downer, but 10 ETH? Really?
Kinda pushing the limits by 9.9ETH there wouldn't you say?
I have made price which I think best. Because It's taken my three days to be prepared.
I appreciate your hard work to create calligraphy paintings but I doubt if anyone will buy your work for 10ETH which I think is very expensive especially the painting is the first NFT you upload on Opensea so it will be very difficult for buyers to appreciate at that price.
I don't understand why you put such a high price though I realize that the NFT space is full of magic and I hope the magic is on your side.
we can't predict someone's luck, the unexpected thing is someone in my country who diligently uploads his own photos on opensea, for 4 years, he got luck that he didn't expect. until finally many people flocked to offer their work at opensea. but a person's fortune cannot be imitated, but if it is our right then nothing is impossible, the important thing is that we must continue to work
222  Economy / Economics / Re: Facebook ("Meta") down 25% in a day on: February 07, 2022, 06:30:43 AM
Not a good time for any tech stocks.

When interest rates are rising, there is a tendency for these companies to sink to the ground with their PE ratios.

I would say that they are pretty fairly priced, though. They still have some of the best employees out there and a vast abundance of information, so this could potentially be a good entry point for investors.

Smart investors will surely view this as a good investment opportunity because at the end of the day, The company is still "Facebook" which pretty dominated the social media industry with all it's subsidiary social media apps company like tiktok and instagram. This 25% loss is just a result of the current economic weakness globally. I'm pretty sure they will bounce back strong as soon fear is already clear. Only facebook bashers will gonna celebrate about this minor down fall.
Even though Facebook's stock fell but Tik Tok users actually went up, even though it couldn't cover Facebook's decline, the decline in assets that occurred was very significant. but this is how the market is, with this decline there will certainly be a time for a bullish trend, so that in a short time an increase in assets can occur. I think this is a normal occurrence
223  Economy / Economics / Re: If you don't buy don't come here to complain on: February 07, 2022, 06:24:42 AM
Knowledge becomes a valuable thing in cryptocurrency, no matter the poor, even young people can become billionaires in no time. Of course, besides luck, knowledge is a determining factor in choosing a coin investment. that way there will be more opportunities to earn money even with minimal capital. many young people who are still in school already have excess assets because of cryptocurrencies
 
224  Economy / Economics / Re: i was right people have no more money on: February 07, 2022, 06:19:55 AM
I am sorry but life is getting worse for all of us. In return there are people with networth that reached 300+ billion dollars. While those people get richer, they are taking our money, and corruption is also another reason for it.
Thats the reality. Poor people are getting poorer, it seems there's no way out. Even you're a hard worker and earning enough money, the hindrance to live comfortably is the inflation.

Everything is turning up while the salary of the workers remain the same, its a problem that even the government cant resolved. On the other side, rich people are not affected on this problem because even everything went up they can still afford it.

Thus, nowadays having more than one job is much better if you want to be financially stable.
rich people seem to be in control, when workers ask for a salary increase, they increase the selling price of their products, and this seems to have the same situation. but for those who know crypto, even poor people can multiply their money even though they have little capital as long as they have knowledge, with evidence that currently many people are newly rich from cryptocurrency
225  Economy / Trading Discussion / Re: My trading strategies on: February 06, 2022, 03:34:51 PM
First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.


It's great for you to find a working method in trading cryptocurrency but keep in mind that many people can't follow like you, maybe you can give us some tutorial video so we can get some insight on how to do it. I'm just always filling my bags when bearish is happening and this opportunity wont come two times.   
everyone will have a different trading style according to their comfort and what is needed is to increase your knowledge to get a strategy that suits you personally. that way we can carry out trading activities with pleasure. the thing to remember is that we trade is our transaction with the market, and has nothing to do with other people. therefore all decisions must be based on our personal initiative
226  Economy / Trading Discussion / Re: TEN Crypto Trading Lesson. on: February 06, 2022, 03:25:08 PM

and I've also learned the value of taking risks.
.

Take note that it is not all risk that is valuable and worthy to go after. Like number 8 of Op talking about not chasing breakout, this is risky to do because you can take the risk of chasing the market but it goes back against you. Break outs are very risky to trade, anything can happen with such and is better not to take a risk that you can not recover from in a longtime.
but before we trade, of course we have taken into account the support or resistance area, if there is a breakout later, of course there will be a change in trend. and I think we have to understand this in order to be able to do a cutloss if the resistance is broken by the breakout candle. therefore this is where what is meant by trading is an opportunity, and if we are wrong with the initial strategy then we can run other strategies, according to the market that is happening
227  Economy / Trading Discussion / Re: Tradig Course - Beginner on: February 06, 2022, 03:12:42 PM
Hi Guys,

i have been in the crypto space for a while and started leverage trading a few months ago.

I come to find out i have to reevaluate my game and seriously need a beginner crypto trading course.
Does anybody know a good course for beginners? I would really appreciate your input.

I know, that all the Information is available for free if you do your own research, but due to job and family i have not too much time therefore i need it compressed in a course.

Thanks in advance.

Greetz
AD
I understand how hard is your situation but to tell you what, everything has been done not in an easy way. Even those who have a lot of spare time still struggle to learn to trade and do market analysis, and that much more in your situation. But if you are determined to learn about trading, definitely you won't feel it hard instead, it challenges you more on how to achieve your goal.
There are a lot of sources of information online which is free but if you want the paid option, that is still available as well. I think watching online tutorials are good enough but the most important is to experience.
in learning to trade, the foremost thing is to study trading theory, so that we can understand what things to learn or use a certain technique to make a profit. and I also agree that in fact we have had enough by studying tutorials on the internet, and after that experience will be the best teacher in trading until we can be consistent. Of course, we have to face all problems happily, so as not to let our spirits down
228  Economy / Trading Discussion / Re: The market is confusing on: February 05, 2022, 06:34:44 AM
Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.
They can buy and leave the market when it seems not moving well, so they do not have to worry about seeing the price fluctuation.
That will be anticipated from panic when the price jumps to the lower price while we can accumulate more in the downtrend.
So congratulation to people who bought bitcoin below $40k because they are now making a nice profit but their profit can become bigger if they can still hold and buyback in the next correction.
If you can manage your emotion from the market situations, there will be no need to feel confused as you may know when you should enter the market to buy bitcoin.
emotional management that will bring our minds not to be confused. Of course, before entering the crypto world, we know that it has high fluctuations, therefore we must prepare mentally so that we can think calmly. especially if we aim to invest, then dizziness due to market fluctuations does not need to occur, as long as we use free money
229  Bitcoin / Bitcoin Discussion / Re: Man lost everything to Crypto on: February 01, 2022, 01:49:15 PM
Learning how to trade properly is not easy, and we must be able to communicate with ourselves. therefore there is no term to finish studying. of course there is something wrong with him to spend his money, because many people also make trading as a support for their lives, why can't we look in the mirror from them, I think he has a bad mentality so he slumps
230  Bitcoin / Bitcoin Discussion / Re: Bitcoin Investment against inflation on: February 01, 2022, 01:42:45 PM
A London restaurant owner has revealed his story of Bitcoin investment that saved his business from the economic impact out of the pandemic. Restaurant named Tahini has moved its balance sheet to bitcoin once after the decline in the sales. It has got only three branches around. Hamam, the owner mentioned the restaurant's bitcoin investment have spiked to 300% and has served as a hedge against the inflation. The restaurant doesn't accept cryptocurrency, but it continues to invest the fiat on bitcoin. At the time of investment the price of bitcoin was found to be $12000. Now the business have been extended with four more branches in Ontario Canada. Planning for another 20-25 branches within 2022.

Now to encourage cryptocurrency investment he have installed bitcoin ATM on all his restaurant branches.

Data : Bitcoin investment saves London restaurant chain from collapse

Of course, this is a great story and indeed, those who were previously able to transfer their funds to BTC were able not only to save their funds, but even increase them. However, it is good when BTC grows and its holders have the strength to keep it without selling it, especially when the price falls. As we understand it, it is very difficult to do this, and many people very often panic and sell BTC. In principle, for many, this is also not a novelty, which means that not everyone will be able to repeat the success of those who have already been able to earn or buy BTC, for example, for $12,000. However, if we assume that BTC will continue to grow in the future, then it is probably worth thinking about how to start transferring your fiat funds to BTC in order to eventually avoid inflation and also earn more money.
at least having prior knowledge about bitcoin would be better before we transfer our fiat currency to bitcoin. with the increase in price from the beginning of bitcoin standing until now, its growth is more profitable than fiat where inflation always increases every year. but we must not forget that not every year bitcoin will continue to grow, so we must learn to take advantage of the moment
231  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is valuable? on: February 01, 2022, 01:37:36 PM
The reasons why bitcoin is valuable, because it is a handy form of money commonly accepted by people which can be used as a payment like cash.Yet,unlike any other fiat currencies whose value enforced by the government, bitcoin value comes from its code.
Bitcoin is also like gold because it can be used as a store of value.And lastly more people using it as an investment.

Thats all what I think why bitcoin is valuable...


Although bitcoin has advantages over fiat currencies, it is not yet clear whether bitcoin will be legalized as a means of payment. I think for now the fame of bitcoin is able to attract many investors to seek profit. by listening to stories about the number of new rich people because of bitcoin, this is what makes many new investors to double their money, even though many of them invest without sufficient knowledge
232  Economy / Trading Discussion / Re: Choosing the right exchange on: January 31, 2022, 03:42:44 AM
Choosing the right exchanges OP is very important when it comes to trading.
* Reliable
* huge trade volume
* number of currencies accepted
* security (legality)
* trade commission
Yes, a lot of things goes into choosing the right exchange, but I think these two exchanges are reliable exchanges since they are both well known exchanges (though Kucoin has a better exchange since it is bigger and better known). As for the number of currencies that are being accepted on the both exchanges I can’t  tell which has the highest number of currencies that are being accepted.

In terms of security , they might both be on the same level of security. The only way I think that they are not the same is the trade volume which Kucoin has bigger trade volume than Gate.io. and of course Kucoin would be the better choice here since it is winning.
I am looking for right exchange market depend how much transaction volume and separated between buy and sell order, some exchange market looks crazy they have most different price between buy and sell order beside have less transaction volume, second thing why have to choose right exchange market is depending with how faster when deposit and withdrawal coin, still have several exchange market withdrawing process manually and you need waiting until 30 minutes to 60 minutes for withdrawing completed.
With the large volume of transactions, we can identify whether the exchange is good or not. the more volume of transactions there are, the more people who use the services of the exchange, thus fostering confidence to make transactions on the exchange. actually it is not difficult to choose an exchange, because at least we know the order of the best exchanges from the top
233  Economy / Trading Discussion / Re: Huge crypto scam that happened last year(2021) on: January 31, 2022, 03:14:34 AM
Actually every year there will always be bad cases about crypto, whether it's a fraud, crypto scam, or others and last year was a bad year for people who have been deceived and failed in the crypto world. There are many modes of fraud here which in essence make crypto lovers get big losses. Learning from the scam coins that are circulating in the market, we have to be even more careful in investing in the coins that we choose, especially if we decide to invest with big capital. Always search and research first so we can confirm whether the coin is worth it or not.

Even long-timers in crypto are not exempted as victims of these fraudulent projects.
Every year, we will encounter new hype, so these scammers will take advantage of the opportunity.
As people aim to get high profits, they will lure these individuals with the promise of good profits.
So if the offering is too-good-to-be-true, better doubt their intentions.
Don't fall from from their tactics, because the bottomline is, you are in-charge of securing your funds.
Fraudsters are hard to avoid, even when a project is already underway, it's easy to do so when there's a loophole to walk away with investors' money. This year we just need to do a lot of research on each project and don't rush just because the project is being promoted by a big influencer. Because that's not the main criterion. It is difficult to avoid this kind of thing, especially regarding the funds that have been allocated for project development.
therefore it is necessary to diversify the capital we have. Don't just invest in a project. With so many scam projects, which sometimes we analyze incorrectly, diversification can at least share the risk, so that our funds are more secure. Moreover, weak laws regarding cryptocurrencies make it easier for fraudsters to collect money and then leave
234  Economy / Trading Discussion / Re: Trading is not meant 4everybody on: January 31, 2022, 03:04:34 AM
on my opinion everyone can trade and can be successful. With the right strategy, a strict money management and patience. It’s very easy to take one or two trades and earn money. The key is to become a profitable trader in longterm.
One thing you should think the most is on how to be sustainable because you cant really say that you are good in trading if you do only done a few trades and become profitable.Yes, is a good indication but you should

sustain that kind of results in long term but its true that trading isnt for everybody which means that no matter how hard and long you've been trading but still ending up on not to be profitable then it is just

sensible that you would really quit up for good but be sure that you should really consider out before making out conclusions.

I would bet with you that everyone can trade with the right instruments.
Of course it’s not only the understanding for a chart, it’s more like controlling the emotions.
I have an good indicator which helps me to find good entries and control my emotions.
But I would say: technically everyone can be successful in trading.
You could really be successful but would really be depending on how much effort you do put on it and not all would really be having that kind of behavior
which you would see that there are different types or kinds of traders in the market and the ones who do succeed are the ones who do really able to sustain
themselves and which counts those people who are really that serious and does have passion on doing trading or does really mind off their
investment that wont really go to waste.
Mastering the science of trading cannot be done in an instant. we have to do training continuously. the hardest thing I think is our psychological control. many techniques are carried out by many traders, so we can learn which one is suitable for us. besides that we must be able to know when to enter the market or exit the market using that technique, that's where the psychological game begins
235  Economy / Trading Discussion / Re: Good moment to buy btc or eth? on: January 31, 2022, 02:52:16 AM
Hi crew. Hope you are all well in new 2022. Good moment to buy btc or eth?
buying both I think is very worth it, depending on our goals for investing or trading. As for investing, I think starting now is also good, but indeed we have to buy for several stages, in the sense that if the price drops again we still have capital to buy back. on the other hand we have to prepare psychology, because no one knows what will happen to the market
236  Economy / Economics / Re: Bitcoin and the economy on: January 30, 2022, 01:36:04 PM
what you need to know is that it is forbidden by religion and not by the state, because this is from several studies by religious leaders from certain countries that prohibit bitcoin as a transaction tool, and usually this is applied by countries with a majority population. population. . residents who are religious and solely directives from state officials to prohibit them according to a belief system that is considered a reference.
I don’t remember seeing in the news that there is any religion that has forbidden people from making use of cryptocurrency. In countries where Bitcoin has been banned, it is usually the government that does it, and it has nothing to do with religion.

And moreover I don’t see how making use of Bitcoin or investing in it is a sin, how exactly is that even a sin? Religion will only forbid you from doing things which are considered a sinful act in the face of God, and Bitcoin is not a sin. Bitcoin is simply a technology that was even introduced to help our lives, and I can bet that a lot of us here that our lives changed when we started making use of bitcoin.
something new, like bitcoin, which made it famous all over the world, of course caught the attention of scholars, even though there were actually differences of opinion between several scholars. I think that as long as the government still gives space to try, we will return the opinions of different scholars to ourselves, whether we will carry on this business and continue or not, according to our personal conscience.
237  Economy / Economics / Re: Dealing with tax and crypto ban on: January 30, 2022, 01:29:26 PM
Zimbabwe has notorious up and downs with their currency. At one point even having a 1 trillion dollar note being worth 40 US cents. So obviously they need to get ahead and what is the future of our world economics? Crypto.
Is bitcoin exclusively for the poor? There is something eluding my understanding.
When El Salvador made bitcoin a legal tender, it was said that they need to get ahead because of their financial situation. Perhaps, they have no currency of theirs but depending on US dollars.
Now that Zimbabwe what to make provisions for paying taxes with crypto, it is said again that need to get ahead.

...But even if there was tax evasion, my guess is that having a lot of people engaged in mining and other crypto activities is helping the economy in an indirect way.
I was actually of the opinion that people having alot of mining activities in China was helping the country. Not until when they banned bitcoin mining and there was no effect in their economy.
I would rather pray that every country adopt bitcoin averagely than for a particular country to politically monopolise it.

In time, the government will see the benefits to its citizens. For those who can earn money via this industry, they will not be a burden of their government and I hope, someday these countries banning the use of crypto will be enlightened that somehow this market is helping their citizens to uplift their standards of living. Because most people are not receiving any benefits from their government so they need to find ways to survive.
from the government's point of view I think they will just look for a new source of income from this business. besides that if a trader goes bankrupt, it is as if the trader himself bears it. Of course the government wants state income and in this new business, the government is starting to look for opportunities, although not directly of course the exchange has an official permit that must be recorded in the government bureaucracy
238  Economy / Economics / Re: Which business profit model do you prefer? on: January 30, 2022, 01:24:11 PM
China is known to the world in the trading business, generally buying / selling, one principle they pursue in business, (small profit, but routine all the time), if you ask me personally obviously I choose small profit, this is outside crypto.

The reason is simple:
• In business if you sell a product at a high price and make a big profit, of course people will buy it only once, so your product turns in slow (expensive) buying and selling.
• In the business of buying and selling for small profits, the rotation of your product is fast, your business will grow in minutes, hours or per day, automatically your products are selling well because (cheap).

with a small profit taking business, your economy is growing fast, instead of selling a big profit business one month one product sold.
I also agree with you. it is better to earn a small but regular profit, than a big profit that is only occasionally. it may be good to get big profit, but in this business it is not a good choice. It's hard to thrive when you're only making occasional profits. as you said, china applies the principle of "small profit, but routine all the time" that's why their business is growing fast and their products are cheap compared to other countries.
small profits but in large quantities it will get a big profit too. On the one hand, in business, I think the faster the velocity of money, I think it will be better, because growing the company's financial governance will be healthier. by taking small and measurable profits, this can reduce the selling price so that it is not burdensome for consumers, and can compete in the market
239  Bitcoin / Bitcoin Discussion / Re: We need a movie about Bitcoin on: January 26, 2022, 07:22:04 AM
maybe it is a topic that is so interesting I really agree with that because at this time bitcoin really needs advertising from various companies.that want to promote bitcoin especially with a song about bitcoin of course this will be very interesting to boost the popularity.of bitcoin to the highest peak so that more and more bitcoin enthusiasts.to be in the crypto world in the midst.of the crisis.of trust that hit bitcoin at this time of course such things.are very necessary for the survival of bitcoin in the future
In this era the people are now into technologies and add in the pandemic hit were people are mostly stuck at their homes with a gadget and internet on so bitcoin basically is at its peak already but additional advertising is of course welcome.

This is to convince the people that are not still into bitcoin that bitcoin is legit and not a scam. Do not worry about the future of btc because btc is for sure will only become better as the time goes by. For movies, giant companies like netflix already have a documentary movie about btc but id like to see some indie film owners to handle this job because I have not seen yet that became successful.
to increase the spread of knowledge about bitcoin maybe a movie is a good way. but of course will gain insight from the risks and rewards, so as not to mislead the public in capturing the intent of this film. until finally they are enthusiastic to keep up with the times and join cryptocurrencies to make their lives easier later and get profits
240  Bitcoin / Bitcoin Discussion / Re: Understanding the Ponzi Narrative on: January 26, 2022, 07:17:39 AM
I  have seen lot of then in the past who think bitcoin is a form of ponzi scheme and today they feel sad how ignorant covered their eyes because of lack of knowledge. People who take bitcoin as ponzi lack knowledge,  when I meet people like that I have nothing to tell them because I know  after sometime the ignorant tied over the eyes will be taking away.
And that is the best case scenario, there are people that despite being shown evidence that bitcoin is not a Ponzi still believe it is, when you face a person like that it is better to forget about them and not argue with them, they care way more about being right than about the truth, and when that is the case the best thing for you to do is to not engage with them, let them think that bitcoin is a Ponzi and keep their fiat while you keep the best performing asset of the last decade and see who gets tired of it first.
Thats why i dont really have much interest when trying out to make out some explanation into those people who do have that kind of mindset and something which you couldnt really able to convince out on the things you've been telling them and it would be better if you do just ignore since its not your loss since the opportunity that they could possible to attain when dealing with bitcoin is something which is important and might
able to changed up their lives when it comes to finances or in actual usage which would really make accessibility and transactions way more faster which the current system couldnt
really give on.
we can't force what someone thinks even though we've explained it, and in the end it will become a pointless debate. therefore let them with their assumptions, and of course time will answer it, until they finally regret the thought. Ponzi schemes usually only win once and once they fail they can't come back to work. It is indeed difficult to convey understanding to those who are anti-developmental in this era, especially when it is not visible
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