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261  Economy / Trading Discussion / Re: Why technical analysis is not reliable on: April 03, 2024, 05:01:21 PM
technical analysis is a useful tool for traders, but we have to consider it's limitations. Technical analysis is basically based on assumption about the past market statistics and data, without putting into consideration other external factors . So traders should not 100 percent rely on technical analysis, they should use it together with other methods of analysis.
 Some of its limitations includes
Technical analysis is only as a complement part of various strategies because accuracy cannot be seen in a much greater percentage. Technical analysis is sometimes needed but not as a test of the overall process in trading because it is more to the statistical assumptions. A trader will use many indicators to start trading and usually they will use the most appropriate to decide when trading. Need the ability to undergo trading and not to mention talking about the control of the risk management.

That's why people consider trade too difficult for beginners because of the many considerations they need to decide. Even for a class of people who are experienced in trading also sometimes it will be difficult to determine the direction of trading when taking profit and stop loss because the market changes so fast.
262  Economy / Economics / Re: how to survive inflation and economy hardship on: April 03, 2024, 04:35:56 PM
I have never kept money in the bank, I do not want to keep money in the bank in the future. I have exta fund for emergency needs, I rear cattle at home. I have invested in Bitcoin for long term, short term investment has less chance of profit. We live in joint family, my family father brothers earn, we help each other in urgent need. So there will be no need to sell bitcoins for urgent needs.
I have a little savings in the bank, but I never prioritize saving money in the form of savings in the bank because usually I only save money for certain needs in a much smaller percentage. You have good planning in developing your existing money potential, owning cattle and making investments to reach small or large profit levels, because not many people are able to focus on doing that simultaneously.

With other sources of income, we don't need to sell bitcoin when we need money because it's not certain that when we need money, bitcoin will be at a high price. This is a wise decision because you understand the bitcoin journey process so you don't depend entirely on investment for your living needs.
263  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 02, 2024, 06:07:26 PM
The match against Manchester United will of course be a tough match for both teams, currently Liverpool points are only 2 adrift so it is very crucial for Liverpool to lose their position again if they lose the game because Arsenal and Manchester City are relatively facing easier matches against Brighton and Crystal Palace in other games, Manchester United this season is very difficult for us to Guess their performance, Sometimes they play badly like against Brentford yesterday and not infrequently they play very well like when they beat Liverpool in the FA Cup quarter-finals this season.
Arsenal will also face Manchester United in the rest of the match so that both of them will be a little more difficult to reach full points. Manchester United is indeed unstable even they have to draw when facing Brentford but if they face a far more balanced team, the strength and form of the game may change. Competition for the championship title is increasingly competitive for this season because the three do not have a distance difference in points so that to predict who will come out as champions will be a little more difficult.

Manchester United, who are in such uncertain conditions, are must wary by Liverpool and hopefully Liverpool have learned from their experience when beaten in the FA Cup before.
Facing Brighton will certainly be another difficult game for Arsenal but I think now their motivation has been quite big after being able to draw with Manchester City at the Etihad Stadium, the competition in the Premier League is now tighter and will certainly make the journey of the championship candidate team will be more difficult to win the Premier League this season.
Liverpool will definitely try to play better for the match because they don't want to lose the opportunity to get out as champions. And vice versa with Manchester United because they have to play consistently to pursue points from Tottenham and Aston Villa, so they will try to repeat the results of the match like in the FA Cup. Arsenal must have received high motivation to win in the remaining matches and vice versa with Liverpool and Manchester City.
264  Bitcoin / Bitcoin Discussion / Re: My Dreams of a Bitcoin Circular Economy in my Country on: April 02, 2024, 05:05:33 PM
I am a bitcoin enthusiast and I wish to spend some of my bitcoins instead of fiat. Unfortunately, I am unable to do so because of its slow pace of acceptance in my country. I really want to promote the bitcoin circular economy but I can't. I dream of  day in my country where I can earn in bitcoin and spend in bitcoin. I dream of the day where, even though I need to keep my bitcoin secure in a cold storage, I can still have say $100 worth of BTC in a hot wallet that I spend to buy goods and services from people who accept bitcoin.
That means your country only allows bitcoin as an investment asset and the same way my country treats bitcoin. For me, that is much more sufficient because we are still allowed to use bitcoin as an investment asset, while to spend bitcoin we can do it in online shops that accept bitcoin even though our country doesn't allow it. Everyone dreams of this, but what happens is enough for us to use and maybe it will help us to reach the stage of perfection in terms of achieving better finances.

The idea will be to spend from this hot wallet for purchases while promptly replacing it. That is, after spending the $100, I simply buy another $100 worth of Bitcoin to refill the hot wallet. I remain optimistic that my dream will eventually come true in my country. In the meantime, I would be happy to hear the experiences of bitcoiners who are already living my dream bitcoin circular economy in their country. What is it like for you?
Hopefully that will happen in the future although it is a bit much more difficult to implement as you wish. But nothing is impossible as long as it has a good impact on everyone, even though currently the government as the highest authority does not yet see this opportunity as a good reference. If the problem is filling in and taking out bitcoins to spend then there is a way we can do it and maybe we have done that up to now. I dream that bitcoin will never be completely banned in my country so that we can use bitcoin as an investment step because when the government starts to ban it, it will be much more difficult for us to get involved in this investment.
265  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 02, 2024, 04:15:10 PM
It is always difficult to maintain the same performance in different seasons, there are many teams that fail to meet those expectations. Just like you, I also doubt that Leverkusen can maintain their performance next season, especially after they qualify for the Champions League. Several other teams such as Leicester, Napoli and others have failed in different seasons even though they won the domestic title.

There is another team that I doubt too next season, they are Girona from La Liga. Girona and Leverkusen have been two surprising teams this season, but Leverkusen have been much more consistent and they are almost certain to win the Bundesliga title. I find it difficult to expect these two teams to be able to maintain their form next season, unless management succeeds in building a better squad next season.
That's true because Leverkusen doesn't have quality players like some clubs who consistently play every season and Leverkusen's chances of maintaining consistency and playing the same as this season are still quite questionable. Qualifying for the Champions League will make Leverkusen have to prepare themselves to be more prepared by relying on players like now. I doubt they can play consistently because the busy match schedule will make a number of players tired and could also end up with injuries.

So it will be increasingly difficult for Leverkusen's strength to match the match when facing crucial matches in the Bundesliga and Champions League. They are a surprise team that is playing well in their respective leagues and it is not certain that in the next season they will be able to maintain the same form of play. This concern occurs because they are not a team that has equal quality players so it will be a little more difficult to appear consistently in the next season.
266  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: April 02, 2024, 03:40:18 PM
Monaco's victory is worth celebrating because they managed to beat Metz badly with a score of 2-5. It was a big away win and also saw the match flooded with goals from both teams. Metz certainly wouldn't be able to stop Monaco's progress, who dominated the match and in the first half alone, Monaco was ahead by 3 goals.

This made it difficult for Metz to equalize and in the end Monaco added 2 more goals in the second half while Metz could only get 2 goals back. A really crushing defeat for Metz and they have to lament their fate because they are still stuck in the relegation zone with only collecting 23 points. Actually, the difference in points to escape the relegation zone is not that far and they only need to get consecutive wins in the next match. Even though it is difficult, they have to keep fighting before this season ends and to survive in Ligue One.
Monaco played well in this match and they managed to take advantage of several opportunities to score goals. If Monaco can play like this then they have a pretty good chance of maintaining their standings. There is one point left behind Brest and it will not be too difficult for Monaco to maintain the opportunity to be in second place in the standings and if they can win the remaining matches it will make them end the season in second place in the standings.

Metz is increasingly having difficulty getting out of the relegation zone because they are currently in a fairly disadvantaged position and the opportunity to get full points in the remaining matches will be much more difficult. Lorient is above them with 26 points and has a three point gap from Metz so it will be a little more difficult for Metz to catch a position above the relegation zone.
267  Economy / Trading Discussion / Re: Wait for the right set-up on: April 02, 2024, 03:05:02 PM
People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.
Whether we are involved in trading a lot or not really depends on how knowledgeable a person is about trading because if you don't have the knowledge then being involved in several trades will create problems that may result in losses. But if people understand investment patterns, taking a lot of trades is actually good, because when they lose on some trades, there are still some other trades left to recover those losses. The more trades we make, the greater the risks and when we understand how to trade, we may be better prepared to deal with the risks.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.
If people do daily trading then they are not only looking at the right settings to engage in trading because they are trading every day. Except for traders who make irregular trades and usually they look at the right timing so as not to make losses. Trading does require patience and knowledge because if we don't have it it will make the position much more detrimental.
268  Economy / Economics / Re: How to reduce inflation. on: April 02, 2024, 02:29:26 PM
For me cutting down expenses would be another way of adding value to our money. Like cutting down the rate we eat, for those that spend alot on food, you can do better without over eating. the way we buy unnecessary items that has no value, when we have other useful things to do with money. So  lets focus on the top priorities, expecially things that will bring more Money.

What do you guys think about this? Would this be helpful? And what do you think will help us in this time of economic hardship?
If we talk about individuals, the only way to reduce the impact of inflation is by saving expenses and we can look at other sources of work to make money. But if you look in general, it is the government that can reduce the impact of inflation because they have a much bigger responsibility. Each individual must prioritize spending that is much more controlled by cutting unnecessary purchases so that when inflation occurs they can balance income and expenses.

Inflation will make things complicated, for example the price of goods will rise uncontrollably and people's income will remain the same as usual, so in these conditions people must be able to make adjustments. If people are unable to balance money on buying things they need, their income and expenses will become unstable, which will affect the financial resources they get to meet their living needs.
269  Economy / Economics / Re: Bitcoin and it's holders in our society on: April 02, 2024, 01:58:35 PM
As trader or holder is bitcoin legal in your country how environmental friendly bitcoin is over there, this is for those country that are facing difficulty with bitcoin and cryptocurrency at large. While leaving at home it's advisable to set an important app hidden if you think trading bitcoin or having them will lead you to great danger especially within my country where they suspect lots of boys to be internet fraudster.

What i experience last night made me to raised this topic so we can learn to secure our investment or be very mindful while moving with our smartphone at night it's very risky to lose one valuable asset at this point.
Actually it is very exciting because if our country does not limit bitcoin as an investment asset, then we have the opportunity to reach the level of profit from the investment and trading that we do. The problem is when the country where we live prohibits Bitcoin completely, so we have to try to be more careful about getting involved in it because the worry is that if we get caught, we will get into trouble. The awareness of young people in your country is actually much stronger than some young people who live in countries that don't ban Bitcoin completely, because they will be more careful and not open up to anyone.

But in my country there are many young people who are very open about their involvement in Crypto and they even dare to share the profits they get on social media. The aim is to show how great it is that they have money from investments and trading, but in my opinion it is not a wise decision to share our involvement in crypto.
270  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 01, 2024, 09:01:01 PM
I think you are wrong, Manchester City tries to score more goals than Arsenal, but the number of shots on target is less than Arsenal. Manchester City played offensive football from the first half, but they failed to penetrate Arsenal's tightly guarded defensive wall. There were some good moments to get Haaland and Nathan Ake to score, but both completely failed.

Arsenal was too defensive in that match, which made the game a little boring. Arsenal didn't make many attempts to score goals, that's because they only did so when counter-attacking. Meanwhile, Arsenal were busy building their defense and closely guarding Manchester City's players, so they were really satisfied with 1 point at the Etihad.
I saw that Manchester City had far more opportunities than Arsenal, but Arsenal's solid defense meant that Manchester City's players did not get a chance to score a goal. Arsenal managed to prevent Haaland from getting many opportunities to score goals because they knew exactly what to do when Haaland got the ball. In terms of tactics, Arteta was much more successful in making Pep Guardiola's men have difficulty in finishing because he really focused on defense.

As far as I have observed, Arsenal managed to frustrate Manchester City in scoring goals because if they play openly then I am quite worried that Manchester City players could score more than two goals. Manchester City played at home so they were much stronger with the motivation to win so Arteta had to find the right strategy and I think he succeeded in that.
271  Bitcoin / Bitcoin Discussion / Re: Bitcoin is A Beacon of Hope for the Present and Future on: April 01, 2024, 08:09:25 PM
With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
I never thought of this extent of involvement in bitcoin and was fortunate enough to get to know bitcoin because it provided an opportunity to reach a stage of financial change from before. There is hope when fiat currencies continue to lose value and bitcoin provides the idea of freedom for anyone who wants to make an investment asset. Now people are starting to realize that Bitcoin is one way to determine the direction of the money we have, because if we make the right investments, the money we have will definitely be more productive.

People's thought cycles will continue to follow developments with the times and if they fail to understand technology they will be increasingly left behind. So it's a good idea now for us to start introducing this system to children, although the method can be adapted to their thinking abilities. Bitcoin has shown validity in terms of resilience, making it increasingly widespread in terms of adoption.
272  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 01, 2024, 07:37:16 PM
I have no doubts on the performance of Bayern Leverkusen even when they participate in the champions league next season. They might not make it to the finals of the competition but I’m sure they will perform well and make it as far as the knockout stage of the competition. Even if they don’t have new players that will join them by next season, I still don’t have any doubts with them, they will still do well. Adding more players will be a bonus to them because of how competitive the champions league competition is as compared to the Bundesliga. Bayern Leverkusen was able to compete and outperform Bayern Munich in the Bundesliga, so they should be able to do as much as Bayern Munich is also doing in the champions league now.
There have been plenty of surprises for average teams in the Champions League and it could end up being much worse next season. Leverkusen is playing well this season and they are unbeaten in all competitions, but I still doubt that next season they can repeat the same thing. The Champions League is much tougher and even clubs with more experienced players will experience defeat when playing. Leverkusen has only been a proven rock this season playing quite consistently but we never know how they will play next season.

If they play like this season in the Champions League then maybe their chances of coming out as champions are a little bigger. But for next season, no one knows how Leverkusen will play as stable and consistent as they do now. Leverkusen need to test their abilities next season in the Champions League and we hope they can play consistently in the competition there.
273  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: April 01, 2024, 07:02:22 PM
Everyone thinks the same thing, Mbappe is not who makes PSG what it is today and him going away will not change much. PSG is doing very well right now, and considering how much money he was making, if they spend that money in 2-3 new players then they will be able to afford some of the best players without a doubt. That is why I believe that it is quite important for him to do well, it has to be something that will take some time but it will slowly get there.

I believe that the best thing to do right now would be calm down and take a look at what they are going to miss next season. They do not have to sell any player they don't want to, so they can decide what they will need after Mbappe, and build a team based on that.
He didn't change PSG by himself because the team was formed because the players in it were consistent and the coach also had a big role. Losing Mbappe will have a slight impact on the style of play because they lose a player who has good abilities, but if the profits from selling Mbappe can be used to buy some of the players they need then I am sure they can overcome Mbappe's departure.

Keeping Mbappe is also not a good decision if they don't buy several other important players, because in the previous few seasons they had a really great attacking trio but the competition in a much higher league was still quite difficult for them to keep up with Now they have a much better coach and just need to find several players to make the team stronger and more solid.
274  Economy / Trading Discussion / Re: New trader's must remember it. on: April 01, 2024, 06:35:03 PM
The problem is, when someone starts trading, of course, their orientation is to make money. or to generate profits from trades carried out. we must realize that it may be experienced by every trader.
what must be prepared is the ability to make money from the trade. Therefore, don't start trading when you are not ready and don't have enough skills. that will only result in trades being carried out based on speculation without any analysis.
Be aware that trading is a way to generate profits or losses and it depends on how someone can handle trading correctly. Starting trading with an inability to face risks will make psychology more chaotic because people will find it difficult to control risks when they experience losses. Trading should be done if one has the ability to face risks and they should also understand how to trade properly.

Without this ability it is impossible to carry out trading correctly and it is very likely that beginners will be faced with losses. Carrying out trades based on speculation will have a bad impact because they do not have any analysis when trading, so the decision to trade in this way is not a good choice.
275  Economy / Economics / Re: Farming and it importance to the economy on: April 01, 2024, 06:02:25 PM
In my experience, agriculture holds significant importance, but personal circumstances led me to sell my farm. Sadly, governments often overlook this sector, and corrupt practices further exacerbate the situation. Urban expansion encroaches on farmland, posing challenges for future food security. To encourage farming, authorities should promote technology adoption, such as drones and automated systems, to enhance productivity. Without such initiatives, many may view farming as unprofitable and laborious, hindering its advancement.
I also live in a farming community and they are able to send their children to college and from what I see, agriculture provides opportunities for people to earn money. Now there is a lot of agricultural land being converted and the impact of this transfer means that agriculture is considered to have no future for people who farm. Agriculture is an important sector and agriculture is quite necessary for a country and expansion towards agricultural transition is a path to decline.

Now the types of agriculture and processing are increasingly sophisticated so that people no longer need to exert energy to farm. The problem is that there is no support from the government to develop this sector because the government is more likely to create another sector for human work. In fact, agricultural resources are assets that have the potential to be developed because there are many people who have succeeded in sending their children to college.
276  Economy / Economics / Re: Saving don't make wealth on: April 01, 2024, 05:38:33 PM
Actually all parent not familiar with investing will prefer or advice their children for saving money than investment, most of them scared with investing make us loss. I don't sure with saving can build up the business and develop financial condition behind how drastically face inflation years by years, better change saving to investing not only our save the money from inflation but also we can earn much profitable than saving.
You can compare when holding our money in fiat is not worth yet than investing in some investment kinds despite in cryptocurrency or stock, can earn profitable and increasing our capital exactly when investing in cryptocurrency huge drastically pump year by years since investing on the right moment.
This was definitely done by parents because they didn't really know how to get involved in investing. They are afraid that investment will have a detrimental impact when their children are involved in it and if they are not familiar with investment then they will definitely direct their children to save or develop a business. Even if you don't believe that saving can give anyone the opportunity to develop a business, I have seen my younger brother directly and now he has been running the business for five years.

Saving will not benefit anyone, but saving gives us the opportunity to develop our business, because we have the capital to run it. Unless we save forever and the money is not used for other needs, the money we have will never be able to provide any benefits. If you understand investment patterns and have money, it will be much better because you can generate profits rather than saving.
277  Economy / Services / Re: [CFNP] FreeBitco.in Signature Campaign | Sr./Hero/Legendary | on: March 31, 2024, 02:47:24 PM
Wallet has been topped up and we are back in action! To all previous participants (tagging you for notification), let me know if you don't want to be back in the campaign. If you still do just add the signature back on (if removed) and we march on Smiley

Code:
 @ancafe 
Thank you very much Hhampuz
The signature and Avatar still survive because I believe the campaign will be resumed.
278  Economy / Economics / Re: Saving don't make wealth on: March 22, 2024, 08:10:49 PM
Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is  'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
Believe it or not, our parents always advise us to save and there is even a saying "that saving is the source of wealth". We often hear this advice from our parents and they always remind us to saving, saving and saving.

Saving does not make people richer, but by saving people can build a business to develop financial potential. If they have enough money saved, they can make any business for the financial development stage and perhaps that is the purpose of saving as the basis for wealth.

So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.
Bitcoin has provided financial freedom for anyone involved in it and bitcoin has also provided benefits for certain people to build businesses through the profits they get. Changing bitcoin profits to invest in housing, land and gold is a good practice because the more investment models we make, the greater the profits we get.
279  Bitcoin / Bitcoin Discussion / Re: BTC profit taking strategies? on: March 22, 2024, 07:11:18 PM
Since it's impossible to predict exactly what will happen to BTC price over the coming bull market, I'm hoping to get a decent return over the course of the cycle without completely selling all of our BTC. Then when it inevitably flips bearish again, start DCAing back in like we have been up to this point.
If you are not sure about the conditions that will occur then it is better to make a sales percentage so that you don't have to think about many things in bullish market conditions. No one is able to make definite predictions about the price of Bitcoin as the market progresses, but people can take the closest price as a step to predict the next price because that is actually how someone makes price predictions.

The DCA method can be applied in any condition to take a fixed accumulation and people don't need to think about the purchase price at what position. Because the most important thing is that we can accumulate consistently at all times even though the market is experiencing price increases.

What do you guys think? Does that sound like a reasonable strategy? Is there anything else I need to consider?
I am more considering how to accumulate purchases because talking about profits we can wait for ATH. In fact, what we need to think about is how to collect bitcoins because if we just wait for the decline then we cannot collect bitcoins gradually for a certain moment. DCA is still a good strategy to implement because we don't need to wait for the price to buy and when it can be done consistently the assets will definitely increase slowly.
280  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: March 22, 2024, 06:51:21 PM
Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
When it comes to bitcoin then the rising and falling prices are something we often see. If people understand the journey of bitcoin, then in a downturn it doesn't make them more worried because there is indeed a moment of recovery that will bring bitcoin to a much higher price. Calmness and not panicking is the key to investing in bitcoin because people actually lose a lot of money in bitcoin investment because they don't understand how to invest.

What's your take on this? Given the period we're in is it buy time or sell time?
For me it is more important to understand how to make a purchase than when to sell. Why I say that is because there is a cycle that can lead someone to make the decision to sell bitcoin. But when you don't understand the purchasing strategy, you will actually lose the opportunity to make a profit at the next ATH.
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