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241  Economy / Economics / Re: The Modern Mode of Payments on: May 04, 2021, 12:51:35 AM
Thats the benefit of using electronic wallets as of now that we are still suffering from pandemic. This actually helps more people to use e-payments even at home. Most likely we can spend our crypto coins or fiat money by purchasing our needs online.
 
 Not only that, those who aren't aware of cryptocurrency uses will now spread some awareness and knowledge on how to eventually use this kind of technology. No wonder that the progress of adoption increased during this pandemic period.
242  Economy / Trading Discussion / Re: holding is not an easy thing on: May 03, 2021, 11:40:38 AM
Its all about in a good management plan. As for me, my daily needs has been separated with my funds of holding. I make sure, when I set a goal profit it will be stick to that plan and will never sell it off at deficit price.

When there are times that I badly needed money for an urgent situation, there is a separate fund for that. However, I understand others that needed to sell off some of their bitcoin to compensate their needs. As long as it is for a better solution, there will always a good chance to accumulate more bitcoin if market corrections occur.
243  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Cardano overthrow Ethereum? on: May 03, 2021, 05:13:25 AM
Market cap of Ethereum and Cardano are far from each other. So if ever Cardano reaches $12, the price of Ethereum will be higher than $3k by that time.


This actually have a sense. When compared to ETH, ADA has a far and lower trading volume. That only indicates that the progress of eth, even cardano surge up 50x will not gonna overthrow or surpass eth's capability and development.

I have also seen the great use of smart contracts of eth in crypto industry and most of the investors has a high belief on eth rather than ADA.
244  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum price will now go down again after reaching 3k? on: May 03, 2021, 02:56:48 AM
Most of the altcoins right now are declining together with bitcoin but ethereum keeps on pushing up. Stronger than other altcoins, even the trading volume stands out compare with the other altcoins.

And for the first time ever, today hit  at $3k. It is hard to pull it back now that eth is really showing massive progress and up 300% this year. The demand of eth still showed another one today and uproar again.
245  Alternate cryptocurrencies / Altcoin Discussion / Re: Most awful Shitcoin on: May 03, 2021, 01:02:14 AM
Ive seen so many shitcoins but these are the few that you should be aware of;

-SAFEMOON
-MEME DAO

As we all know that shitcoins are just created for fraud, for fund raised money and has a flawed fundamental and low credibility.
246  Economy / Trading Discussion / Re: You could die from trading. on: May 02, 2021, 12:53:51 AM
The most important is our health, trading income will be worthless if we have unhealthy body. I understand that trading required time to monitor charts and technical analysis but that doesnt mean we have to abuse our health and do some sleepless nights to monitor the entry as well as the profit.

Remember that our wealth is our health, as long as we have a healthy body and mind, we can still do good trading at the same time.
247  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My crypto portfolio, please give me some feedback on: May 01, 2021, 11:10:34 AM
Good decision that the high percentage of your portfolio has put into those big and potential ones like btc and eth. I wonder why you just put .01% into trx since it had a good progress this year?  Maybe you can also reconsider adding some xrp and bch.

Anyway, as a saying goes that it is better to have many eggs in the basket. Your portfolio has a good amount of coins, some of them  honestly didnt have much of my interests but since it is you who really knew these coins, i do hope it will give you good returns in the future.
248  Bitcoin / Bitcoin Discussion / Re: JUST CURIOUS on: May 01, 2021, 05:03:00 AM
If you are a btc enthusiast and a believer of bitcoin, you will likely understand the feeling of holding it to the extent until you reached your goal profit. We cant also predict when do these bitcoin hodlers sell off their bitcoin, but for sure they will just sell some part and will continue to hold it.

Also, the fact that volatility is an opportunity for those hodlers to accumulate more, then there is a good reason for them to sell their bitcoin at set target high price then rebuy at low price if given a chance.
249  Bitcoin / Legal / Re: iranian governement and cyber police thinks that i am thief! on: April 30, 2021, 10:45:49 AM
Quote
After I had paid cash to somebody and in turn received 0.09 bitcoin to my wallet I found out through “blockchain.com” that the bitcoins (of my friend’s girlfriend) were stolen/withdrawn to the same wallet from which I had received 0.09 bitcoin.

This is somewhat vague to me. The thief withdraw the girl's bitcoin from the same wallet that you are using? If this is true, the police and the court rely on that matter alone. Whatever side you will see it, it will just reflect to your wallet same with the thief's btc address. That is why they are obliging you to just pay two bitcoins to the girl to compensate it because the thief used the same account to transfer bitcoin with the account you have been used to received that .09 bitcoin.

And there is a strong testimony of the exchange manager. If its not true, why did he come up with a lie? What benefit will it give to him if he will not tell the truth?
250  Local / Altcoins (Pilipinas) / Re: Anu ang magandang bilhin na altcoin ngayon? on: April 30, 2021, 06:24:21 AM
Mag invest ka ng amount na kaya mong i invest. Huwag ka dumepende sa altcoins na mura or mahal, doon ka sa subok na sa karamihan. Kumabaga kung magreresearch ka ay ang mga top altcoins sa coinmarket cap ang mgagandang i buy. Or maaari ding i consider mo yong mga altcoins na mababa ang presyo pero mataas ang trading volume para siguradong hindi left behind ang coin na yon.

Ang mga natrade at nalong term ko na nagbigay ng maganda gandang return ay trx, xrp, cake, dogecoin. Maaari ka pang maghanap sa mga defi coins like uni yong pwede pa ding sumabay sa hype.
251  Bitcoin / Bitcoin Discussion / Re: Would having a Debate like: Bitcoin vs Gold win more crypto investors on: April 30, 2021, 04:06:47 AM
The debate will just divide the two types of investors:
- those who are in favor of gold vs in favor of bitcoin.

But this literally help them decide which one is better as the debate will gonna state all the possible cons and pros of particular type of investment. Perhaps, those who arent aware that bitcoin can typically consider as an asset value will now have an idea to pursuade it and to accept all the circumstances given by the volatile market. At some point, the debate will attract new investors as they can weigh both advantage of these two types of investments.
252  Bitcoin / Bitcoin Discussion / Re: chances of bank closing account if you buy bitcoin on: April 30, 2021, 02:08:59 AM
Which country are you residing at? Some particular banks under the regulations of their country, prohibits the purchase of bitcoin that would be the reason why they are freezing or probably closing their bank accounts.

Its very important to know the bitcoin legalization of your country before doing anything. And it is better to be supervised by those who have experienced in buying bitcoin in a bank as there are also banks that are crypto-friendly.
253  Economy / Trading Discussion / Re: Control your trading emotional outburst and get yourself together! on: April 30, 2021, 12:54:02 AM
With all of those unexpected dumps, there is always a choice of holding still.  Trading isnt that easy, sideways are always happening. If you are too emotional it will just messed up your trades and your original plan will gonna destroy your trading plan.

 There are also times that you are panicking because your money is at risk when market fails to follow your way, but with some patience and with having a back up plan like stop loss to minimize your loss, it is always better to have a plan B.
254  Economy / Trading Discussion / Re: Do you stick to your trading plans on: April 29, 2021, 01:51:27 PM
If you have trading management plan and there comes a time and tight situation that needed an urgent need to change ways, then probably I will gonna change my plan. But most of the time, whenever I checked my technical analysis and was so sure that it will go with my right TA with of course double checking the other basis, then sticking to the old plan is much better.

Crypto markets sometimes gives trap movements, if we arent wise enough to stick with the plan we'll just gonna regret our next move.
255  Alternate cryptocurrencies / Altcoin Discussion / Re: The Elon Musk "Smart" Tweeting Continues! on: April 29, 2021, 09:51:11 AM
Seems many are still falling for his tweets. Someone also asked me about investing more of his money into dogecoin as he recently read Elon Musk's tweet. There are still 50/50 chance that it may pumped again just like how he manage to push that from cents to .$6 usd.

Otherwise, they have strong confidence about dogecoin because they can manipulate it. What I meant is that, Elon probably have a lots of dogecoin to brag about so whenever they wanted to push it up, they may easily make it a hype one.
256  Economy / Trading Discussion / Re: I can never get my price :( on: April 29, 2021, 07:30:33 AM
Thank you all! I decided to just start trading with Tether. It made things A LOT easier since it's not nearly as volatile as BTC.

But tether is an stable coin? How can you acquire a profits from that? Or perhaps you are referring to the trading pairs like BTC/USDT, ETH/USD?

That volatility market will definitely gives you decent return if traded accordingly and correctly.  As I have noticed you arent that knowledgeable enough to do some trading and use that market limit and limit order features of an exchange. Do the usual long term trading then.
257  Bitcoin / Bitcoin Discussion / Re: George Residence becomes first hotel to accept Bitcoin in Nigeria on: April 29, 2021, 05:42:44 AM
A start of bitcoin adoption. When people started to know that one particular hotel are now accepting crypto payments, this will make other businesses in Nigeria to follow this type of payments.

However,

 
Is banning bitcoin was lifted in Nigeria? Feel to correct me if I'm wrong but this is was I thought when there is a rumor of banning bitcoin there.

According here, Bitcoin was still banned in Nigeria  I wonder how hoteks manage to accept such btc payments where in fact, the buying and selling of bitcoin is still prohibited on their country.
258  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for the next Doge! on: April 29, 2021, 04:34:17 AM
Its easy to point at some altcoins saying they are the next dogecoin. But in reality, it is hard to know whether the coin will really progress into something that is valuable as of today like dogecoin does.

Check out those old coins like trx and ltc, they are still on my lists that can be pump and give profits than risking to choose those another joke coins and expect it to be like dogecoin.
259  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope others will learn from this on: April 28, 2021, 11:52:10 AM
Well at least that is a lesson learned from you. Swapping your potential coins into new coins isnt a good idea afterall. You are unsure that those newly created coins will have a value. Jjst like what happened to you, you exchange it and regret it afterwards because it was all shitcoins at the end.

Always have a good background check to those coins before swapping it next time. Or for your own sake, just  choose those altcoins that have already proven their ability and are well established that worth to hold in a longest time.
260  Economy / Trading Discussion / Re: "crypto day trading strategies ...." on: April 28, 2021, 09:35:34 AM
Trading strategies always associate with trading plan and effective tools. While others seems to make a good profits with those indicators like RSI, others look for other indicators that they are used to read effectively. Aside from that, setting up your target profit and setting up stop loss will always be a good way to eliminate emotions like greediness.

Its not always good to follow the trend as sometimes the trend will also be a way to trap your entry because of miscalculations and misleading predictions.
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