The idea is the bounty managers don't need to take up bounty jobs they know are shit and that owners won't pay, or that are not listed and trading. Some bounty hunters have shit tokens in their wallets that are not in exchange for a long time and that means a wasted time while bounty managers have received their payment either in dollar, bitcoin, etheruem etc.anyhow

If according to you that the strength are not there by your indicators, you understand what sentiment do to the market. Mere speculation is enough to create sentiment to drive price to direction you can't believe and now with the announcement of stimulus will create such a sentiment. However, looking at the dollar, I see some recovery and that is having influence in the crypto market.

The traditional economy definitely can't run side by side the others. Such economy is literally an agrarian economy with most crude technology, low human capacity for production, though it may be based on individual survival level. Therefore, it may not be organized to handle the digital economy as the globe is heading off to. They may not adapt as other economies are to technological changes.

Let us talk a little about economic systems on the knowledge we have from economics studies. Basically there are 4 types of economic systems and they are
1. Traditional economic system
2. Command economic system
3. Market economic system
4. Mixed economic system

We are going to look at two of the systems to see the differences and similarities in them and the reason for picking those two is because they are majorly practiced by different countries of the world. So we looking at number
2 - Command economic system and
3. Market economic system.

2. Command economic system

This is an economic system where high control and regulation is from the government. This means it centralized from top. As the name implies, economic activities are ordered strictly by the government at the center to say. All resources are channelled to the government including oil and other natural resources, government becomes the channel of control and regulation. These kind of economic system are mostly known with third world countries.

It has its advantages and disadvantages

It advantages are few,

1. It has low level inequality (though on theory)

2. Perceived equality and unifying good for heritage and acquisition.

Disadvantages

1. No seriousness: Of course they say government don't have business in doing business. Government personals are individuals from families and with emotions remember. So that can affect their decisions and activities. It may turn a family business or lackadaisical approach towards it.

2. Highly corrupt: I think because of the ineptitude in the part, certain aspect of revenue generation maybe manipulated or omitted. Example, countries that practice such has low tax accountability and regime, and their ROI , IGR (Internally Generated Revenue) is usually poor plus low GDP.

3. Monopoly: The system is likely to be hijacked by a few individuals at the top who may make policies to the favour of themselves.

3. Market economic system

This economic system I would say is directly opposite of the command economic system. Here, the government own little control of key economic activities in the country. As the name also implies, the people are involved in the policies of the economy and this allows the market forces to determine waves of prices. The government provides environment and the people have major control of the market. It can pass as a deregulated economy and countries practicing this system are the technologiically developed countries.

Advantages

1. High production level: This type of economy will encourage productivity, creation of jobs and employment because there suppose to be abundance of work to do.

2. Exportation: High level of exportation will go on from the system that encourages production and innovation.

Disadvantages

1. Bourgeoisie may emerge: As a result of free market, trade and production opportunity, wealth creation maybe vary and that may lead to unequal distribution of wealth.

There are many more advantages and disadvantages, please don't add more. Just contribute, thanks.

However, there are two sides to a coin as one good is bad for another. We just briefly discussed these two opposite economic system.

What do you have to say friends

This price can be possible yes. The bear looks like is going to come even as the price struggles and goes up again today with $2000 bringing it to hit $55,000 plus but I think a proper correction may happen anytime soon as people are beginning to reinvest in altcoins in the believe is bull for altcoins.

But you don't need to regret if you sold your coin at some point because you made some profit.

Etheruem is still a good spot for investing on. It is around a deep from yesterday's bitcoin deep. You can invest in it for the longtime but short time investment for cryptocurrency is not assured. So I will advise you to be careful and not invest in shot coins.

The stimulus support by the America government seem to have started building more confidence in the economy as positive outcomes are being achieved and that is showing some green on the currency unlike it was last year but now, it seem the US economy is finding her fit into stability which is reflecting on the currency lately. Looking at the chart below, is obvious that the dollar is gaining strength and that is reflecting on dollar pairs.


 

With the dollar having some gains and strength currently, I see that it is having an impact on the price of bitcoin. I have followed this up since bitcoin started the bull last year and around April to December during the American presidential election between Donald Trump and Joe Biden, when the US dollar dropped for whatever reasons including the usual fears of change of leadership or administration as investment in dollar were dropped for uncertainties and the bull hit the bitcoin market because most investors changed gears to bitcoin.

And now it is changing with the rising strength of US dollar which looks like what analyse call correction which maybe up to 15% as days go on.

Bitcoin seem to be dropping while dollar is strengthened. I think this is because at least 70% of bitcoin trading is done mostly by dollar either directly or by conversion. The chart below show the current fallen price chart of bitcoin against the dollar.

You talking about learning it in university but I want to ask you a question on it.

What country are you from ?

Have you taken it to the government as you talking about university. Maybe you do that and do a review of the report so people will understand the government view.

Or you edit the university. That will bring more sense if you have not taken government survey on adding it to university curriculum

This is a strong language from the quote and this is simply obvious to say that the government is scared to relinquish the role of middle man as the cryptocurrency and digital space is most certain to shatter off. The government is protecting itself from not being relevant in the global regulation and control of the effect of governance. Printing of fiat creates inflation and government knows that and that is why as soon as inflation happens, they introduce measures to push it down either through taxation or lending, that is control.

The banks are big middle men and they are owned by government and people in government , this is why they seem not ready for a decentralized system of digital economy in cryptocurrency.

Yeah losing the battle is losing your account by logic conclusion and not losing the war is not giving up in trading Nice passion. Passion is good for trading and seeing you have gone to study and do more research is good.

I will direct you from your post where you should do more research on because that is where your strength is or you have a good plan already that you can build and depend on.


Above is the answer you provided by yourself.  

So why run away or abandon a winning plan for something else you don't know and may be confused about? You confirm you have winning trades, why not stick to it, develop more by focusing your research on it and avoid losing the battle (s).

The grass always look greener from afar remember. No trade pattern is perfect.

No football coach will intentionally avoid using there best legs in a tough match.

Sorry, I don't follow anybody's TA or FA, doing so get you confused and it amounts to same as trade calling that won't allow you to build a better version of yourself into your trading and taking care of your emotion into consideration. Trading isn't for everybody, you need passion for it to be successful. Another reason, no trader has 100% profit level.

Yes you are correct in your submission about signal groups. They are majorly pumping a particular project to attract investors but when coin is pumped, they dump their worth and coin crash. This is a soar taste in the mouth of investors, is unfortunate.

You can also link this up with bounty projects that don't define locking of coins when distributed and among other reasons, reason they do lock coin is for team to dump theirs first.

I feel your reason but your last paragraph has answered it and that is better for the market and bitcoin. The institutional investors are the reason price is high making up the high cryptocurrency volume. And we have not heard the bubble kind of discussion about bitcoin because the market is getting less unstable unlike 2017 when it was majorly buy and dump investors mainly for gains. Confidence has been increased and more huge buyers are looking to hodl and that will push price further higher because of limited availability.

Countries that have been against bitcoin itself are majorly Islamic countries. That is where Op's point can even be looked at. I think he can reconsider being here and entering for signature campaign because lately, the companies opening up campaigns are gambling sites to advertise their businesses.

In the last bull season in 2017, after bitcoin got high to $17k - $19,000 , many investors decided investing in altcoins and that caused them to bull and I think that is what is also happening now. Etheruem is no longer what it was last year, bnb, cardano, litecoin, even doge coin all have increased. So I think the bull for altcoins is already happening. Check your portfolio and you can see some difference in there.

Yes you good with this kind of mentality with trading because green don't come all day and when you notice you made a bad choice of trade, you can cut your loss by exiting.


Don't always rely on luck in trading. Luck happens rarely when price spike hit you on take profit but if that doesn't happen , your wrong trade may bring you down. Do a good research .


Especially your time. You need time to study and build your strategy and plan. The learning you do for yourself will equip you more. You need to learn from whatever videos and books.

This above is undeniably the real power of bitcoin over fiat. This is the freedom that is needed and that is why bitcoin is still here despite that some government try to pull it down but they can't kill the voice of the people, there citizens always find a way to keep adopting into the freedom they see.

From my view area, I expect that it should benefit UK more in terms of the strength of the currency because it will help them to focus more on developing and protecting there currency. But I think in unity as a zone, UK will not be really seen as having a union with the UK as countries in same zone .

The nature of your relative is very crucial. He can't be asking in a rush. Rushing into cryptocurrency investment is risky and to FOMO is another part. Is better you explain this to him. You can't predict quick returns in crypto businesses, although there are coins like that but you can't say exactly the time for bull. If he bought btc around April and May, then he would have been lucky. Maybe you can encourage him to be patient for longtime investment and you suggest coins at the top.