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2541  Economy / Trading Discussion / Re: How to understand or know the whale's next move? on: March 16, 2022, 01:30:38 PM
I'm wondering if there is any forum, website, subreddit or a threading discussion in this forum about what the whales are going to do or if there is a channel where they talk/share their next moves.
No, there is not. Unless you built some system to spy on these "whales" that is, also not sure about the legality of such an eavesdropping method.

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I've read that some users here read about this kind of topic but they didn't share any post or link to the source.
Probably someone trying to lure you to sell you their picks.

If what you are talking about was true, then everyone would have been following the whale's moves and making profit off every trades. The whales would become small fries then. But in reality, question yourself, is that happening? No. So the assumption was false in the first place.

These "wet dream" type situations are fantasies and often used by scammers to steal your money. Be careful about giving someone your money or data in return of such fake picks.
2542  Alternate cryptocurrencies / Altcoin Discussion / Re: Community means everything on: March 16, 2022, 01:26:40 PM
Community or Elon helped with the success of meme coin?
The second one of course. Grin

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Community help is important for a project to be successful but it should be in very long team not only for short term and let it to be stranded once they made enough money.
Community can only drive the project for sometime not the long run. For the long run proper development must be going on in the background with the original vision of the project. Sadly most projects dont end up doing this but get sidetracked to something that is more popular but less profitable, ultimately going away from what the project was supposed to be.

The importance of community is there. But having a red-pilled minion squad will only drive a cancel culture not a healthy development. But a old point remains same, the ones who are in it for the quick cashgrab dont bother, they will sell and leave.
2543  Economy / Trading Discussion / Re: Be comfortable with your strategy! on: March 15, 2022, 08:29:52 AM
Indeed, being able to make your own decisions is not easy, especially when trading, but slowly if you practice this ability, it will appear by itself, it is always not good to continue to depend on other people's decisions.
You should never take other people's decisions to be your own. This is a speculative market where one person's loss is another person's gain. Especially the influencers who try to manipulate people, be careful of those. Free or paid sources of signals and all, avoid them all.

Taking decisions is not that difficult, it needs a bit of practice on demo trading papers and then following these up over time.

Every decision will not be correct, you have to understand keep that in mind. While wrong decisions will happen, use them as a learning opportunity.
2544  Economy / Economics / Re: Coming economic problems all world how to profit on: March 15, 2022, 08:20:27 AM
We know markets will crash and huge deflation...and economy will melt down....but is there any good ways make good profit out of this chaos? Other then just betting on short positions ? Any other ways to benefit of this global crashes and bankcrypcies around the world?
Right now we know we can do a lot shorting the market but what else gives nice profit ?
You can buy coins and assets at this time. Don't think about shorting, shorting is always a short term gain condition. The economy will recover but there will be these problems.

You can benefit from bankruptcy but you have to keep your nerve. When you have been keeping money stored for long time, this is the time to use that held cash and buy stuff.

Profit will come when you sell those same in future. Conditions are always transient but the point is to keep hanging on.
2545  Bitcoin / Bitcoin Discussion / Re: The digital perfection of Bitcoin on: March 15, 2022, 08:14:06 AM
There is no problem in transaction of Bitcoin. If we go to the Ethereum we can see that there is too much gas fee which can't be afford.
Like I said above, transaction fee is a transient thing. You will make a wrong choice if you invest money in those coins that have lower fees. But if your choice is only for transacting money not investment then it might matter. Most of the users here do both with more emphasis on investing. But if your focus is gambling and needing quick transactions on a cheap network fee, then you should go with what you feel is better on your pocket.

l don't understand this concept,if we want to talk about digital perfection in bitcoin we believe that is not an easy to go by,however innovations is the great thing in life,if bitcoin have come through the use of digital  platform is a well come development,because is only work on exchange of currency online
Exchange of currency online would not be the biggest thing. There will always be fiat digital systems. But bitcoin was created for the purpose of giving the power back to hands of the people from banking institutions. Innovation is less in Bitcoin and it does not need much more innovation truely speaking. Rather focus on its use and keep increasing its awareness among people.
2546  Economy / Trading Discussion / Re: A few key points distinguishing traders from gamblers on: March 14, 2022, 09:34:03 AM
I think you are right because being a trader is a part to get to perfection. one needs to have made some mistake that will make them better. If you analyse the crypto market and at the end things couldn't walk in the way you planned it, using the mistake to set pass makes one to understand more about the Market and make proper adjustments next time.
I dont see how you can do such adjustments unless you are day trading which by itself is more risky than spot trading. When day-trading traders use the indicators to understand how market moves, this is called technical analysis and it is only correct in about 50% of the cases. So you can make the decision to stick with day trading or stick to bitcoin long term buying and selling to get profit.

Also the term perfection does not exist in speculative assets. You can develop your methods but the basic concept remains the same. The whole game depends on the timing and patience.
2547  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: New metamask wallet scam on: March 14, 2022, 09:24:11 AM
A simple check on the email headers shows that they are throwaway email addresses from where the email is being sent and therefore proves the assumption that it is a scammer attempting a fraud by a scare tactic.

But there will be a lot of people falling for this one, since most people dont understand how ethereum works and how metamask works.

I still see threads claiming that bitcoin is a company and that they can return them the money they lost if they send them private keys.

These basic things should be understood by every crypto user or they are risking their hard earned money.
2548  Alternate cryptocurrencies / Altcoin Discussion / Re: What should I invest in? on: March 14, 2022, 09:21:13 AM
What's the best coin as of right now to invest in?
Depends on how your outlook is and how long you are willing to invest that money.

If you are looking for short term gains, altcoins will be the place to enter. Be mindful that altcoins are mostly pumped and dumped by their bagholders and getting an organic price to buy/sell at is a rough situation.

If you are looking for long term gains, bitcoin is the one thing you need for the long. It has been time-tested against bear markets and every time it bounces back from a bear it goes beyond limits.

Beyond that, you should also think about investments in sectors other than crypto. They are also time-tested and stress-tested.
2549  Alternate cryptocurrencies / Altcoin Discussion / Re: Suggest me best bounty campaigns that pay in USDT or popular cryptocurrencies on: March 14, 2022, 09:15:42 AM
You can view the bounty thread, rather than you create a topic to ask about bounty.
Read the OP's post again. They are looking for a specific answer.

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There are hundreds if not thousands of people who follow different bounties, of course it will make you confused with their answers. Seeing the signatures of some people is enough for you to analyze the best projects, we don't need to explain which is the best project for you.
There are hundreds of people wearing a same company's shirt, that does not mean that the same shirt company is going to be huge in future, it might grow, depreciate or liquidate.

Similarly, because someone is wearing a signature, it does not mean that the project is going to be good. Do your own research on it before joining that bounty, no less than an investor would. Because that time spent for the bounty campaign is same as the money spent by the investor who might get scammed by the shady coin.

Joining too many bounties more than one can handle is another mess some junior members may end up. All this comes from greed and that must be controlled.
2550  Bitcoin / Bitcoin Discussion / Re: I have a question on: March 12, 2022, 09:56:51 AM
If we have the wallet address of someone, can we know who is the owner the address?
Strictly speaking no.

But if we try to elaborate on this, considering majority of the users of bitcoin to be a part of this forum, doing a search engine lookup on that wallet address might reveal a linked forum account in case the address was staked here.

Beyond this, I dont see how we can search out the real owner of the address, its not like people wear it around their neck or go around announcing everyone about their receiving address. Obviously everyone is paranoid of their holding so they would rather keep it secret in real life.

Can you tell us what exactly are you trying to achieve here?
2551  Economy / Trading Discussion / Re: A thing worst than "don't trade with your emotion" a trader should avoid on: March 12, 2022, 09:48:33 AM
Other than that, they are just shilling and wanted people to believe that investing into that specific coin will give them good short term profit. That's what most of the greedy people wants the too good to be true short term profit.
Point is that there is a market for such content. People dont want to wait for a few years after buying a chunk of bitcoin to see 100x gains. Rather they want 10000x gains from buying some shitcoins and that too with a capital of dust amount.

With that mentality of get-rich-quick-with-zero-investment, there has been an influx of many influencers trying to market a number of altcoin "picks" and some dudes in suits selling books on how to get rich without doing anything.

End product is a youth generation who do not want to work hard and sincerely to earn money. We all agree on one part, you need to work on your skills in daily life to be work-worthy and in trading to be profitable. But that is lacking today.

The one people profiting from this are the ones producing such content, however they sugar-coat it.
2552  Economy / Trading Discussion / Re: Be comfortable with your strategy! on: March 12, 2022, 09:38:49 AM
Yea many people don't have patience when it comes to money, it's really hard to implement patience in ourselves when we wait for another good price to sell.
Patience is required in both sides. But the lack of patience in most traders is good for the rest of the traders. They will keep on profiting while the impatient group keeps losing money. Cheesy

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Also many scammers around us want our money so rather than find a stranger person it's better to build a community with your own friends and discuss crypto, strategy, etc. I saw a lot of news that some people hold their bitcoin for long term and now they're millionaires it's just our patience got tested.
Discussion is fine as long as it does not trickle down one trader's misgivings into the group because often one person of a group will have lost money and they will crib about it bringing down the morale of the rest of the traders. Being a solo trader is best in my opinion, but yours might vary.

Scammers exist in different forms. How one can fool another to get their money is a different topic of discussion. Again influencers and shills are the current level of people who should be avoided at all costs.
2553  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin question and answer better option to earn money in crypto on: March 12, 2022, 09:33:37 AM
Altcoins are always in the news, should we change our coin according to crypto trends
Only a fool does that.

With my experience of being in crypto for the last 7years, Altcoins are like a Fad diet. They go up with some trendy news and then go back down before the bagholders can sell in profit and then go stagnant for the next several years till the developers abandon it or sell it off to some other shady company, only to be never heard of again. Agree, that some project have done really well but 99% of them ends up like this.

Just because something is in the news, does not mean it will be huge in future. Most of the traders here lack the technical knowledge on how to assess a project's future risk and outcome. That if done properly, you will see that any crypto based project will fail in front of its mainstream counterpart.
2554  Alternate cryptocurrencies / Altcoin Discussion / Re: Suggest me best bounty campaigns that pay in USDT or popular cryptocurrencies on: March 12, 2022, 09:29:56 AM
I want to reenter bounty campaign market. So please suggest me best bounty campaigns that pay in USDT or popular cryptocurrencies. Thank you.
So you came back to the forum a year later and now you want to join bounty campaigns again?

What made you leave them at that time?

The situation has been the same (or worse). You will rarely find any projects paying in USDT and most will be paying in the respective token being sold. But dont you think you should work on reaching a higher rank first, earn some merits to push you upwards before attempting to join campaigns?

Even if you do, make sure you go for bitcoin paying campaigns. Altcoins are never going to pay you well in the long run. Those days when altcoins were going crazy was 7years ago.
2555  Economy / Economics / Re: Regulation seem like the only option left on: March 11, 2022, 09:51:30 AM
However we do not really need direct encouragement by the governments of the world as they are already doing so indirectly, after all with all the money that has been printed since the pandemic began and the huge levels of inflation that we are seeing around the world that should be more than enough for smart people to be encouraged to get out of fiat and invest in something else.
Maybe not for the members of this forum but for new entrants who want to get into bitcoin but are being discouraged by the "Grey area" part of governments, a regulatory body may bring in more transparency regarding how the government accepts or rejects cryptocurrenices.

I feel this is a good thing, because with increased regulatory actions, more people will enter the market. This will grow the adoption and acceptance of crypto and therefore lead to a positive outlook for the rest of the world towards crypto.

Not sure why some users are using the pandemic as a source of narrative here. A pandemic is a type of a natural disaster, however you might to shift the blame, it is indeed a natural one and the inflation that followed was only expected to happen. But that does not mean that you should be stubborn and focus on only one type of asset, you need all types and in crypto only bitcoin.
2556  Alternate cryptocurrencies / Altcoin Discussion / Re: Smart Move... on: March 11, 2022, 06:33:08 AM
Do you think converting my XRP holdings to Solana for long term hold is a smart move?
This is completely your own decision to make. Members can only guid eyou as to how to approach this decision.

If one coin is going up, it does not necessarily mean that th coin is good for the long term, but you might as well be looking for a quick gain. So depending on that decide if y mou want to diversify or divide assets into XRP or Solana.

Remember that you need to be firm on your decision and not think twice, otherwise you will not be able to hold your ground when the market drops.
2557  Economy / Trading Discussion / Re: Crypto Trading Bots on: March 11, 2022, 06:27:59 AM
The thing is past patterns, history and bots investigation aren't 100 percent right with the current market, you should know about exchanging ready to acquire benefit. However, they are completely exposed to the very dangers that exchanging an exceptionally unstable market has uncommonly assuming you consider the siphon and dumps of altcoin market.
There will be ups and downs. But the market is profitable if people know how to use the timing of buying or selling. There will be methods to attempt to make the procedure easier like bots and algorithms but they don't help in confirming a profit. There will be losses incurred just like any regular trader will get.

I won't say that market is exponentially unstable but the change remains within 15% in Bitcoin. Don't take altcoins into the consideration because they are not be trusted for long term development.

Use a bot only if you have developed it yourself and know that the bot is only an automation of your methods not some trick to fool a profit.
2558  Economy / Trading Discussion / Re: How to trade cryptocurrencies? on: March 09, 2022, 02:32:03 PM
OP should not learn trading from reading articles from the internet.

Rather use them to get an idea of how the market works, then start paper trading for a duration of at least 6-12months. Only then you will get a proper approach on how to face the bear or bull market. People make articles everywhere on the internet, but they never give any fruitful information because they are no verified by any person or institution. We have people selling fake courses on the internet too, so be careful.

The best practical is by jumping into the action, here you can do that without risk if done on paper. Dont get into altcoins and their shills. Stay focused on bitcoin. In my last 6years of bitcoin, I have observed traders getting washed away by moving to altcoins, because of lack of "excitement" in bitcoin movements.
2559  Bitcoin / Bitcoin Discussion / Re: Inflation is here Why is not Bitcoin Saving Us? on: March 09, 2022, 02:24:53 PM
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?
Bitcoin was founded to be alternative to fiat and give the power back to the people from the banking institutions. It was not created to stop inflation or control it. Supply of bitcoin being deflationary is a good thing, but that does not solve the inflation problem in fiat market. For doing that governments need to reduce printing of banknotes.

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Why are we not being able to hedge against the inflation and prevent this from happening.
You can buy bitcoin when its price is low in fiat and hold that. Since bitcoin is deflationary, you are profiting during the selling phase.

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Inflation is very ugly, yet no one is doing anything about it.

why is that?
If you have something to offer, we are all ears.
2560  Economy / Trading Discussion / Re: An advice for newbies and plebs on: March 09, 2022, 02:18:17 PM
I have observed that going at long ranges keeps one safe and profitable. Like if I bought at 35k and sold at 45k, I am at profit, but did this thought come to every other trader out there? Maybe no. Otherwise everyone would be profiting and we would not see threads that say the same.

Instead of this safer and profitable method, some users have to go with day-trading. They can put off the risk and want to rather bask in the risk. These people will get burnt and they will not change even after reading this thread. In fact, it is good that they dont change so the ones who can get profit can get it easily and keep quiet while they go on raging on exchange trollboxes Grin

Those who have nerves of steel will always survive, making profit from trading is not for the other group.
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