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2201  Economy / Trading Discussion / Re: A guide for beginners to learn trading on: January 18, 2022, 08:42:12 PM
Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully.
That is because of just learning alone will not help anyone to become successful trader in cryptocurrency trading. After learning people must go for practicing in real time environment; when they are willing to experience real time pressure then they can become profitable traders over the time.

I believe that the best option for a beginner is a demo account.
yeah, demo accounts are needed for practicing but trading with real account only with very small capital is highly recommended so that beginners will not lose in the process of learning. Demo account may not provide the all real time emotion relating experiences.
2202  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Profitable coin for 2022 on: January 18, 2022, 09:41:33 AM
Let's we discuss about some profitable coin for 2022. No doubt Bitcoin the favourite coin for all-time investment. Besides Bitcoin, which coin will be the most profitable for 2022. I say Harmony, You?
I believe that 2022 will definitely be a great year for all these metaverse tokens even they are relatively new because such concepts are always welcome by this altcoin community. So, there are big probability for metaverse to be successful this year.

I know that they are not looking like they are going any further, and they have already peaked, because let's face it the idea of "buy a land" is kind of lacking, even at the worst case you get a land and that's it, you do not do anything else, you hope that you could make some money from it but that is the limitation.
2203  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Nft Blockchain and Games? on: January 16, 2022, 09:58:23 PM
Still believe Ethereum is here to stay and with immutable it has almost no gas fees the only gas fees are sending and withdrawing your Ethereum from Immutable.
By far it is ETH, not that it is the "best" but that is what everyone else uses and to be fair all the good games and nft stuff are there. This doesn't make ETH the best, it makes it preferred but as long as it is prefered then I do not know what to tell you. Would all those projects going to Solana make solana better? Yes, if they moved to ADA would they make it the best? Yes.

So, what makes ETH the best network is not that it is the best itself, but all the projects under its command. Which is why I believe that we should not be really shocked when people say that they rather invest into something in the ETH world because everything else is there as well.
2204  Economy / Economics / Re: Thinking through how the blockchain and related tech might impact real estate. on: January 15, 2022, 06:25:24 PM
- Using NFTs to certify that e.g. certain repairs had been done on home appliances or fixtures (https://youtu.be/MP2xGAfUn0I?t=1007)

- Looking at how real estate might play out in the metaverse (https://youtu.be/MP2xGAfUn0I?t=820)

- The ways in which a blockchain for real estate might make appraisals more objective, reducing bias in the home ownership process and improving prosperity in under-represented communities (https://youtu.be/MP2xGAfUn0I?t=1297)

I would be interested in hearing the community's thoughts, as I'm currently in the process of trying to seriously think through the various real-world use cases for these technologies.
Blockchain can’t really be applied in every section, or businesses. It is usually best when it has to deal with transaction, things that are similar or has to do with data like someone has pointed out. And in the case of real estate, with how things works there, I can’t really see the possibility of it working out pretty well in that area. But anyways, it’s all about innovation and if someone can really come up with a way that it would work perfectly, then that wouldn’t be a problem.
2205  Economy / Trading Discussion / Re: How to make $ 1,000,000 out of $ 30,000? on: January 14, 2022, 06:23:31 PM
we must remember that everything is possible in the cryptocurrency market, including an increase in the deposit from 30 thousand dollars to a million)
Everything might be possible in trading but only when you are skilled to do so. It means not for a beginner, it could be everything possible. If a trader learns all the aspects of trading then gain enough practical knowledge out of own experiences then they may achieve the state of making everything possible in trading. Without having sufficient knowledge and experience, I believe no one could do anything in trading.

Personally, I would not risk large amounts, but would invest much smaller amounts and go to a million for much longer, but it would be stable. And without big lost funds.
Everyone will prefer to start like that but after a loss and for the intention of recovering those lost amounts, people do start investing big money and may recover or lose further based on their skill levels.
2206  Economy / Trading Discussion / Re: When Greed Comes First in Trading, the Result is Bankruptcy on: January 14, 2022, 03:02:56 PM
When you have sufficient knowledge and experience, I am pretty sure that you can be easier control yourself because you know already how to trade properly. The more time you spend for trading, you will know more about what don'ts and what dos in trading.
Yeah, experience may get you control over your emotions still how mush being disciplined will determine the final outcome. I have seen even experienced traders do face losses after failing to book profits around target levels. They are experienced and they are good in technical analysis but when they are confident about the continuation of market trend, unexpected market fluctuation lead them to lose.

as long as these mindsets live inside, they'll die keeping those things. That is why we have to know our limitations, tried not to surpass them, and accept reality.
Yes. We need to adopt according to market conditions; if we were able make 10% profits last year means then we should not expect the same now as well but need to exit whenever TA indicates. Being greedy is inside devil which may lead us at sensitive market situation which may not be avoidable even for experienced traders.
2207  Other / Beginners & Help / Re: IS it possible to let your BTC work for you ? on: January 14, 2022, 11:30:19 AM
It is better to not take the risk, I know that the idea of passive income and getting bitcoin in return is very attractive but most of the time that would require to let go of our bitcoin and let someone else have complete control over it.
Yeah, as bitcoin world is relatively new and the interest yielding registered ventures are not available in most countries, I agree it would not be worth to risk our bitcoins with non-established opportunities. Still I do see many attractive luring promises everywhere which are paying higher interest rate than my banks.

Lending BTC requires a centralised platform with KYC verification are you up for this? About staking I haven't seen staking BTC before not even on big exchanges like Binance and Kucoin only alt staking are available
I remember there were a lending platform in the name of BTCjam which was too famous by the times of 2013/2014 but their business model was not sustainable hence anything may happen with currently available lending platforms hence acting with cautious will help you. Staking is possible only with few altcoins as of now and you may earn only negative growth over the weeks.
2208  Economy / Economics / Re: Sharing and helping others on: January 14, 2022, 07:09:51 AM
Rather than that I think it's better for those who have to find out more if they are really interested in crypto,
too troublesome if it continues like that,
otherwise it's not good for them too and I hope those who are interested start to find out for themselves and follow the progress
It is best to always let those who are interested to know the risk that they’re about to take. If you are not letting them know the risks that are involved, then they are definitely going to blame you later for it. Moreover, it’s not just about them blaming you later, it is very bad on your side if you are going to introduce cryptocurrency to someone, and not let them know the risk that they’re about to take. It would be bad of you to let them lose their money, knowing very well that it is not their plan.

But, when they are aware of the risk that they are about to take, they would tread carefully, and be very sure that they wouldn’t lose their money carelessly. And every money that they are investing, they would be very sure that it is something that they can afford to lose in the market.
2209  Other / Off-topic / Re: What do you think about owning and selling your content on social media? on: January 13, 2022, 09:56:23 PM
I'm not contents creator so i have no experience for this field but present day most of people can making money from creating the particular contents and promote it through their social media such as instagram, twitter or youtube channels but first of all you should became an social media influencer with plenty of followers so your contents will attract people to buy it
They have always been avenues for content creators to earn money through their content that they create, whether you are a writer or you create content that has to do with videos, there’s always ways to earn with it.

The thing is that you will have to build your audience, because your audience is the money that you are going to make from your content. Take for example, one can decide to be a Blogger, and when you have audience that regularly visit your website to read your contents, that would mean income for you. The same thing with video creators, when you have audience that watches your video, it also translates to money.
2210  Economy / Speculation / Re: BTC has crossed $43k what's next? on: January 13, 2022, 09:42:11 PM
BTC has crossed the mark of $43k after a while and will it pump further towards $50k and is this the buy in period or else it will once again dump and stay around $40k for some more time? IMO there are more possibilities of bitcoin recovering from recent correction and March towards $50k which will send green signal for entire crypto market and we have even noticed it's positive effect today on top altcoins, what's your take on this?
Even today it was trading around $44.5k levels, it fell down all of sudden and right now it seems anything could happen in bitcoin market. I am sorry that I am not here to spread FUD but it seems that bitcoin market may quickly test its support region one more time which may be below $40k levels this time as well. But, on positive side, we may have sharp bounce back from the current price levels which may go up to $45k to $49k levels in coming days hence just watching market for few more days might get anyone about the clear idea on market direction.
2211  Economy / Speculation / Re: Supercycle or Halving cycle still? on: January 13, 2022, 09:09:17 PM
The question that arises now is whether we will still be experiencing the bull market cycle every halving and then bear after it or will this be a supercycle like they are saying that the prices will continue to go up disregarding the fud spreading the industry?  I hope to see this question timely because we are about to dip going to a confusing market direction.
I am afraid that only time could answer for this. Because, no technical analysis will be versatile enough to predict accurately about what is going to happen in near future of bitcoin market. There are equal possibilities for both bearish and bull market to happen here after even I agree with you that awareness on bitcoin is high these days which means mass adoption is happening everywhere still we cannot predict anything against whale's manipulations.

So, instead of having any kind of assumption about the upcoming trend, I guess it would be always better to act according to the market situations so that you will not lose but you will get chances to make use of market trend.
2212  Economy / Speculation / Re: Bitcoin to hit $100k? on: January 13, 2022, 08:12:56 PM
Current correction might lead to minimum cross its 1st ATH occurred in 2021. There are chances for Bitcoin crossing $63k by end of March. Market is unpredictable and we can see a stable and slow growth in the current week. We can expect a $10k plus by either end of Jan or Middle of Feb. Yes as like everyone, expecting @100k. Happy to wait but yes wish this happens much earlier.
Could you please enlighten me about the first ATH of 2021 and how you determined that? Right now bitcoin market is into another correction from $44.5k levels and right now trading above $42.4k levels which must be still a support level hence we can expect a bounce back from here which definitely would be above $70k as a new ATH. I am not expecting the bitcoin market to have another bullish trend with failing to break the current ATH.

Overall, it is good to have faith again on getting $100k now as market started to remain bullish as $40k to $41k levels are strongly holding bitcoin from deeper falling down.
2213  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think BSC token with rewards in BNB are sustainable in the long term? on: January 13, 2022, 07:29:44 PM
I knwo that some BSC tokens have rewards in other currency like BNB, BUSD or USDT.
DO oyu think that this time of tokens is sustainable in the long term?
I believe it is kind of rewarding in BTC or any other reputed coin which means it got anything to do with those BSC tokens, right? I guess it will be definitely sustainable because it might be getting more chances to attract more investors rather than being rewarding in same BSC tokens. Honestly I also will be preferring to get paid of any rewards in reputed coins rather than getting in same new project's coin or tokens.

Do you know some of them which hasn´t pump and dump price scheme?
Pump and dump could happen anywhere but when rewarding is happening in reputed coin; due to its high volume, it may not get any negative impact. I believe this much be a very good idea in long run and definitely sustainable.
2214  Alternate cryptocurrencies / Altcoin Discussion / Re: PooCoin vs CoinMarketCap on: January 13, 2022, 07:02:03 PM
Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?
Even I am aware of poocoin and many other such services for tracking cryptocurrencies, I am always going with coinmarketcap because of its long running reputations. Even coinmarketcap was bought by binance in recent times, I am not finding anything disturbing to think about switch over to different platforms for referring about cryptos. I am kind of person who hates frequently changing service providers for no reasons.

I have not noticed any wrong information on shitcoins or any random coins in coinmarketcap but I guess here after I need to be careful so that I may need to decide whether I can be depending on coinmarketcap or not.
2215  Economy / Economics / Re: This why wall street are rich and you are poor on: January 13, 2022, 08:22:04 AM
n order to get rich in the cryptocurrency market, you need to learn how to properly analyze all projects and cryptocurrency assets in order to find the best pearls that will give a good profit. in my opinion every cryptocurrency trader is much more likely to become rich than a wall street official. Today I am studying the defi platform for finance very much. Anyway, all blockchain money transfers will take the market to another level and projects like AccoinCrypto can make everyone rich.
I think what the OP is trying to say here is that when you have more money to invest in an asset, then the return you are likely to gain from the asset will be more than when the capital you are investing is less. He is right, because when you invest less money in all these types of assets, the profit you are gaining wouldn’t be as much as those who invest bigger amount of money (the whales).

So, the problem for an investor can be finance; when you don’t have enough money to invest in an asset, then you will be unable to make better profit. He then pointed out that Wall St. investors would usually borrow money to invest in the stocks or assets of their choice for them to be able to multiply their profits.
2216  Economy / Economics / Re: Peter McCormack: 'Bitcoin has WON the war on money'. Do you agree? on: January 12, 2022, 09:35:05 PM
Keep in mind that gold was the best before Bitcoin, and it hasn't been used as money for a long time.
It was used as a money but later government decided that liquidating gold is not that easy so we have to print a paper which equal the amount of gold reserve we have but at some point the actual intention of fiat changed when gold is not the only source to print how much money then we have inflation, hyper inflation,etc.

To OP, Bitcoin is yet to beat the fiat in terms of medium of exchange, as of now its considered as asset so we can claim that more people see it as digital gold but the vision is still a long way to reach.
Well, the truth is that we are already sure that Fiat is still going to remain the conventional currency. Even countries that are likely to declare Bitcoin a legal tender are still going to continue keeping their Fiat currency, It is not going to be something that they will do away with.

The Fiat currency is part of what serves as a symbol of representation for every country, so the government wouldn't really give up on it and choose Bitcoin as a replacement. Most people now see Bitcoin as an asset, and it’s definitely going to be an on top of the list asset in the future. And also the volume at which it is being used for transactions will also increase in the future. And in countries where it is legally accepted, we are going to see it being accepted in more stores around the world, both offline and online.
2217  Bitcoin / Bitcoin Discussion / Re: Have you spoken to Satoshi ? on: January 12, 2022, 09:00:14 PM
Theymos just don't know about Satoshi's identity and will never be revealed. Talking directly to satoshi is certainly a great thing, but if satoshi had never spoken directly to other people as an inventor of bitcoin, of course no one would know.
Satoshi's identity will remain a mystery and no one will be able to uncover it. Even people claiming to be satoshi can be confirmed as fakes.
Nobody knows his identity, and none of us would know until the day he decides to reveal it himself. If anyone would have been able to tell who he is, then they would have done that since. It seems like before he went about creating Bitcoin, he took his time to lay down the plans on how he would get his identity to remain a secret without anybody knowing about who he is.

Although I am quite surprised on how he was able to go about this, because at a time like this when it is very easy to find out the identity of people, but he was able to do this and seal it off completely.
2218  Bitcoin / Bitcoin Discussion / Re: Btc hodlers vs short time traders on: January 12, 2022, 08:19:09 PM
Both are good and profitable but depend on market and research would be must important so i thought BTC holders both are good and invest depend on market.
true I totally agree that market conditions are very important to read whether to hold or hold in the short term but if you want big profits the option is to hold on for the long term.
Personally I feel it has to do with what you intend doing with bitcoin, if you have plans of Bitcoin being your daily source of income, then you would have to be a day trader. But, if your plan is to be an investor, then you are better off holding it for as long as you want.

Among these two options that are available, day trading carries the most risk, and anyone who has plans to engage in day trading needs to study more on analysis, both technical and fundamental analysis, to be able to help them in making prediction on what the market will turn out to be. Those who simply hold can even just rely on fundamental analysis, because there isn’t much work involved when you just plan to hold your coin.
2219  Economy / Trading Discussion / Re: When Greed Comes First in Trading, the Result is Bankruptcy on: January 12, 2022, 05:23:48 AM
early in my career I went bankrupt because of greed. But in the end it taught me a lesson to be able to control myself from greed and to prioritize common sense.
Getting liquidated and then losing all your capital are frequent events for all emotionally unstable traders. In my opinion, such traders are not fit for live trading at first hand as they are still lagging in practice hence they must switch over to demo trading to gain control on emotions and must get practice to risk management procedures. Otherwise, they might need to face multiple bankruptcy situations.

I never invest in such a system that gives me huge ROI rather than searching for a huge ROI its better to steady increase with normal ROI in a year and keep my greed from taking my mind to repeat the same mistake
Could you please put some more light on what are normal ROI producing system that you still consider. Never trust into anyone's promises. Just invest into bitcoin and enjoy 1000% returns every four years.
2220  Economy / Trading Discussion / Re: It is possible to make a profit by trading on: January 12, 2022, 04:21:47 AM
I think it's better not to trade when the market is bad. If you want to trade, you have to analyze the different markets and the different coins that you will be trading.
No need to switch over to different coins when the market is sideways or down trend. You just need to improvise your technical analysis to make you more skilled to make profits in all market conditions as profiting is possible at all market situations. If you keep changing like that then you may not find time to trade as you may need to look for new market and new coin to trade.

I mean bitcoin is enough for any one to trade to make profits as bitcoin market is always having good volume and enough price movement to apply our technical analysis to buy at low and to sell higher than that.
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