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2281  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is recovering, what steps are you taking? on: June 29, 2021, 07:01:23 PM
I'm not convinced with this market condition, simply feel like you are in rush to offer such expressions. What makes you think the blood letting is finished? I don’t understand, do you mean it's continuing the bull market for awhile! Might be possible reversal however we are as yet in a bear pattern. I'm not seeing a tradable pattern on this market. Are you seeing something?

Totally agreed here. If you have seen at least one cycle (I have only seen one but it is enough and I guess the majority of us here have only seen the 2017 one) then we know what a real bloodletting looks like.

We are talking not 50% dumps but 80 and even 95% for alts.

There has not been a real bloody time yet for us.
2282  Economy / Speculation / Re: Bitcoin's price will increase on: June 29, 2021, 05:57:30 PM
those people who think bitcoin has no chance to recover because of the situation, are the real reason despite why bitcoin keep struggling at this moment . And the reason as well why bitcoin showing green sometimes in the market it's because of those real enthusiast that who knew how bitcoin still very optimistic despite of the situation..  As the matter of fact it's not our problem anymore wherein let them repent when they saw bitcoin break another record in the future.  Wink

But this is how the market is supposed to work:) If more people are buying than selling, then it goes up. If more people are selling than buying,,, then we get prices down:)

How else is it supposed to work and what is wrong with this?

Let them exit and let those who keep buying come and naturally push price due to demand. Right?Smiley
2283  Economy / Gambling discussion / Re: ⚽UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 29, 2021, 05:23:03 PM
Lot of surprises in the tournament and the highly rated teams were to careless. They struggle with team sselection, dressing room fight and pride. After Germany Vs England, new favourite for the cup might arise, if Germany lost, there will no better chance for England again to win the trophy with their present crop of players.

I do not know about dressing room fights,,, except France strikers but they solved that anyway but team selections yes. It seems if you have a small squad, it is even better because probably in training it is the same setup but with HUGE squads it becomes a problem when you experiment and then players cannot sync.
2284  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: June 29, 2021, 05:02:46 PM
The option to reduce salary should be the ultimate decision. I believe Barcelona will try to fulfill his salary fully if they can.
Now, it is all about the capacity of Barcelona financial currently. Even the option is to reduce Messi's salary, I think Messi won't refuse it as long as it is reasonable.

I believe a lot of top players already are accepting that this is the case for everyone and I believe Messi will make the sacrifices,,, god knows he has already sacrificed a lot in the past, money is not everything for this guy. And we all know indeed he is reasonable. I would not even say the same about my own player (Bale).
2285  Economy / Trading Discussion / Re: Cryptocurrency Market Manipulation Logic? on: June 29, 2021, 03:51:33 PM
Whales are indeed one of the reasons why the cryptocurrency market is being manipulated. They want to make a profit by controlling the market and making people panic about the state of the market that has been controlled by the whales. Pump and dump will happen according to their plan. Many FUDs are spread to make the market price crash and buy them cheap and then make good news to take profits. Very simple, but market manipulation like the whales must be detected so as not to get caught up in the game.

And whales do not necessary mean one person like how people like to think either. I bet you a lot of powerful companies pool funds together to form a whale. Exchanges seem to do this very well,,, even better they use our money and pool together to manipulate the market and make us liquidate when we should not:)
2286  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH sheep, buy now? on: June 29, 2021, 03:20:05 PM
never Invest in everything that you don't understand , you are a newbie in crypto yet wanted to risk investing ?

if you are talking about a trial amount then you can put small funds towards Ethereum but i'm telling you best that you are ready for what to come your way because trust me this is not easy market.

and also never listen to other people because this is your money and if you lose , there is no other that will suffer but you.

Let us face it though,,, most people entered into crypto without really understanding anything. If people invested in stocks on Robinhood and Forex on eToro did not even realize what they were doing,,, why would it be so different for crypto people?Smiley

And maybe it is a good idea to suffer first. Then you know?Smiley
2287  Economy / Trading Discussion / Re: your worst mistake on: June 29, 2021, 03:03:04 PM
Cryptocurrency market always full of risks and no one can easily predict something in future. So I had no idea about Binance coin. When Binance coin price less then $15 then I sold my 147 Binance coin at $15.63 per rate ......it's my the best regrets ..

But why regret? BNB is now $12 and two days ago it was even $10 and now maybe with all the bad news coming about Binance being banned in Ontario and in the UK and so on I will not be surprised if it dips before recovers. You can buy back all 147 BNB and more at today's price.

Essentially you made a profit.

Put it all in Bitcoin now;)
2288  Economy / Speculation / Re: Repeating the price cycle every 4 years on: June 29, 2021, 01:45:41 PM
This year's halving is 2020 meaning the peak is late 2021 and not the beginning or the middle of the year. I still have faith that the 4 year effect (halving) will occur later this year and the price will definitely be higher than 2017 ATH, probably 10X-20X times that. we have to be optimistic and wait for it.

I still have the same faith too,,, although I have to admit it is just based on the cycle repeating itself and absolutely nothing more. Fundamentals I guess are of course stronger than ever but I cannot really tell if it is anything to justify a higher ATH than we have had.

It does feel like 63k ATH is a little bit underwhelming right?Smiley
2289  Economy / Exchanges / Re: British Financial watchdog FCA bans Binance crypto-currency exchange on: June 29, 2021, 07:00:12 AM
According to Binance and according to the news articles I have read myself,,, this will not affect Binance at all because they actually do NOT operate in Britain physically. They operate abroad and always have and have a long history of changing jurisdictions to get by the regulations.

This is what I have always been saying about Binance,,, centralized and not working like a regulated entity should.
2290  Economy / Gambling / Re: 🚀 Sportsbet.io- Club House- The best EURO 2021 promotions around!!🚀 on: June 29, 2021, 06:17:47 AM
Not happy.Netherlands ruined my bet,also Portugal as I had it both teams to score.It is true that Portugal played very well the second half and only bad luck this time made them lose the game.Better luck next time but unfortunately next time there will be no Cristiano as he is 36 right now.

Maybe not for EURO but for next World Cup for sure one final appearance. Plus EURO is actually 3 years away so he will be 39, not quite 40 which is too old for most except Italy centerbacks?Smiley

Somewhat happy, was able to take advantage of that red card during the Netherlands match and went for Czech Republic after a minute or two.  Grin

Looking forward to France later and hopefully they'll get the job done against Switzerland so I could get a free bet.  Cheesy

I guess the only people left in this outright competition are Spain and Italy, now waiting for England/Germany. Did anybody dare to take Belgium or even maybe we have others betting on the smaller countries?
2291  Economy / Gambling discussion / Re: Tennis League All Thread on: June 29, 2021, 04:45:08 AM
Draper won the first set against Djokovic because Djokovic went in lightly and with no focus at all.Slippary grass had its mark,but once he lost the first set we seen typical novak djokovic going into supreme mode and finishing the match pretty fast.He had 25 aces thats large for his standards

Tsitsipas out so soon WAS a surprise for me because I did take him to win,,, and silly me to think Djoker would get a straight set win. I have to keep learning my lesson about him because I have seen him lose first set so may times! Either through just being careless like yesterday or just on purpose:P

Next match 3:2
2292  Economy / Speculation / Re: Why is bitcoin plunging? What is the reason for this? on: June 28, 2021, 05:04:29 PM
May it happen much more for all of us who have yet to achieve our Bitcoin dreams:)

There are many aspiring investors who are trying to store more Bitcoin, they are the one who really benefiting a lots from this correction.

Those who are willing to take the risk and do against the market trend are the one who mostly earned decently, if they are able to hold for much longer

period and they are trysting the system, the cycle will go to their direction and favor their investment.

This is not unique to crypto only though,,, every system has inherent risk and the rewards for those who take that risk are always higher as proportional to the risk they take. The safer the system, the less the risk:reward ratio. But let us not be fooled by thinking there is no more reward to Bitcoin. It is STILL high risk in comparison to so many other existing things out there:)
2293  Alternate cryptocurrencies / Altcoin Discussion / Re: At what point do we confirm the long term aspect of a project is guaranteed? on: June 28, 2021, 03:50:07 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

I would say they are already the coins of the present. What else more do we need than a currency and method of payment that people all over the world are already using? Every day the fundamentals grow.

What is the long-term aspect of Bitcoin? p2p method of payment of digital cash. I feel like this is already achieved.
2294  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is GDildo the next Shiba or Safemoon? on: June 28, 2021, 03:09:39 PM
the next small rug pull in pancakeswap.

This is the truth, and OP is on the team either making the rugpull or on the shillteam hoping to make a little bit of money from the pull.

Face it guys,,, Defi coins are at best only a temporary way to make money (or to force you to lock tokens to 200% APY to withstand the loss of 66% of value on market price:) At worst they are all very bad excuses for rugpulls.
2295  Economy / Gambling discussion / Re: ⚽UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 28, 2021, 01:44:27 PM
Things might have been inverse if Matthijs de Ligt hadn't not slipped up. However, it's true that Czech Republic players played like a team. Terrible for the dutch however an important day for Czech fans. I lost my bet, got my lesson here is respect each and every team that's in this tournament. Euro 2020 is not for the defending champions. Sad thing this is Cristiano's last match in Euros we have witnessed.

This indeed is what everything relied on. I saw the highlight and this is so typical of football.

First the goal opportunity and that is missed. What happens next?  A counter attack move, then defenders are all caught up so high because they were still in the midst of their attack phase.

Panic, nerves, mistakes. Red card and then it is all over with 1 or 2 missteps!
2296  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: June 28, 2021, 01:12:12 PM
I have heard some rumours like Bayern Munich are very interested in signing Romelu Lukaku this summer. It looks like Lukaku doesn't have any intention to go back to the English Premier League. He may be eyeing Lewandowski's place. But Lewandowski had much better season than Lukaku. It wouldn't be easy for Lukaku to replace him that easy.

Besides, Lukaku was saying that he didn't want to leave Inter this summer. So I don't expect a transfer like this to happen honestly.

Where is your source? Lukaku already said he was very happy where he is plus he even admitted he spoke to the new manager before the news was even let out as rumors,,, and he was very much wanted there.

Bayern always needs a target man though and it does seem to fit what Lukaku is able to provide,,, but yes, agree. He will never go back to Premier League after United experience.
2297  Other / Archival / Re: Why is it a waste of time and money to buy ready-made trading strategies? on: June 28, 2021, 12:37:07 PM
Why buying a ready-made strategy is a waste of money? I don't even want to talk about free trading strategies. You don't even need to spend your time on such, let alone money. Many newbies think that they can not spend years researching the market, but just buy a ready-made solution right away. After the purchase, money will immediately start earning on trading, right? Unfortunately no. Next, I will talk about manual trading strategies (excluding algo trading strategies, there is a slightly different approach)

1. If it is too good to be true,,, it is too good to be true.
2. If there was such a thing as a strategy that worked,,, then why is the guy selling it? First of all he does not need the money. Secondly,,, if he tells everybody the strategy then it will stop working for him.

I think people do share strats to discuss and learn more, that is a valid reason. But to make profit and help others get profit on auto? That does not exist:)
2298  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC down , does the altcoin will keep strong on: June 28, 2021, 08:50:07 AM
There are instances though that some alts could withstand the test of the market condition despite of being red on most of those coins including Bitcoin.
We have seen that there is some shift when it comes to dominance but these situations is rarely to happen though.

These would be the altcoins with established ground use and community,,, that can continue not only to exist but also to function with their utility without relying on market factors. I would say even DOGEcoin achieved this before Elon's takeover and subsequent hype but among all the defi coins today, maybe one or two only are close to achieving this.

And all of this happens regardless of dominance numbers of BTC.
2299  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: June 28, 2021, 08:19:32 AM
It is never possible to do business without risk. If you want to be a successful businessman, you need to know the strategies of the business and move forward efficiently and take risks if necessary. However, if you want to do business without risk, you must start a business with less capital. And you always have to keep in mind that there can be loss along with profit. To survive in the crypto market you need to take risks and keep your mind fully prepared that you can lose your capital at any time. And this problem has created a limitation in cryptocurrency.

Do not forget about luck though. Risk management is not a guarantee of success,,, it is a hedge against failure and bad luck, but it cannot prevent it from happening if it does. Imagine opening a retail business at the end of 2019 for example in a country where there is no welfare or covid relief. No matter what, 2020 covid lockdown would have killed you.

Crypto crashes? exit scams? Dead exchange CEOs? Equal bad luck.
2300  Economy / Speculation / Re: Repeating the price cycle every 4 years on: June 28, 2021, 08:01:46 AM
We don't know if the cycle peaked however at $64K, the only way we know we are in another cycle is when we lost at least 75% of our value like in the previous bubbles. Basically going from $1100 to $150 and $20000 to $3000. So far we only lost about half our value. And there is a chance we might get a repeat of 2013.

In 2013 we peaked in April, and went from $250 to $80 or so, then everybody assumed bitcoin would retest the previous ATH of $35 however we bottomed in July and rallied hard in Oct-Nov and peaked at $1100.

Not saying we are in this cycle however unless we break $30K and head to like below $20K this cycle might of not ended yet. Might just be summer slowdown.

That would be pretty scary for anyone,,, even for me, to see another 75% loss of value now because the old ATH was 20k and we made a new one only at 3x,,, which I know logically does not mean anything but because we have seen 10x and 20x and much more in the past, this does not feel like it is enough at all. Hope we do not see $15 again though.
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