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2601  Economy / Trading Discussion / Re: Is it possible to make $5,000 a month day trading? on: August 23, 2021, 08:12:47 PM
Its possible but expect that it wont be easy. It takes knowledge, skills plan and strategy in order to achieve your target profit in a month.
And it needs a hell of lot of luck to make 5k bucks with a modest capital of 15k to start with. If I was in his shoes, I would have not set any targets and start trading because setting targets either make you greedy if you achieve them or weak if you fail to achieve them.

Some experience trader were able to profit huge even with a small capital because they are knowledgeable on what they do, so the success will depend on you alone.
Those are analysts who can fundamentally analyze a project and determine whether it's worth investing or not.

Currently the market is turning bullish, a chance to take advantage but careful on what coins you're going to trade especially on altcoins because its quite risky compared to bitcoin.
During a bull run, it's simply best to put money into bitcoins because no altcoins can match the same growth during the bull run. When not much is happening in the market, go for altcoins with potential.
2602  Economy / Economics / Re: Why would people ever use bitcoin if its expected to always go up? on: August 23, 2021, 06:46:31 PM
It's nearly impossible to go through each comment so if someone has already answered it, sorry to repeat it.

If bitcoin was fully adopted into everyday life, why would it ever be used for day-to-day transactions if the general consensus was that the price would always appreciate?
Because, bitcoin doesn't exist in isolation. There are hundreds of crypto which are even more profitable and yeah bitcoins won't be probably used for daily transactions because you want to save them but surely there will be traders. In fact, if bitcoin is not used for small transactions that's great news because that reduces the transaction cost and more coins for everyone technically.

We all know the price of properties (or land) will usually go higher, right? Yet there are sellers and buyers in abundance.
2603  Economy / Economics / Re: We exited the bear market earler than expected on: August 23, 2021, 06:06:47 PM
Everyone may have their say but the truth is that none of us actually know when it will go up or down. Not just that, we don't know a precise reason why a bull or bear run occurs. The best and only part of this price mystery I know is that the overall movement in the long term will be positive which is what matters for investors.

I have seen guys doing silly things and there were some friends of mine who despite getting warned multiple times, they ended up buying dogecoins at around a dollar. Similarly, there might be people buying bitcoins at the peak but the good news is that bitcoins are precious while doge is worthless. This is where the long-term value saves you despite a bad trade.
2604  Economy / Economics / Re: Bitcoin is the new gold standard of the future on: August 23, 2021, 05:36:35 PM
The most important feature of the Bitcoin currency is that it offers greater opportunities to achieve large returns in the future, and it is an excellent investment, albeit highly volatile, due to its exposure to major price fluctuations within a short period of time. Bitcoin can be stored on a platform or in a wallet and can be sent to anyone in the world within minutes without revealing the identity of the sender, I agree that Bitcoin is the new gold standard of the future.
No doubt I believe in BTC and hence I am part of this community for years now but to be brutally honest, I don't feel like BTC will ever have the same value as gold. I am not talking in terms of price but the value. The place I live right, I have a lot of aged people whom I often try and convince about BTC but they always say that it's impossible to trust an asset that exists virtually and the creator is not even known.

I am sure the price of BTC will go massively high especially around the time the next halving happens but the value and trust that is associated with gold cannot be associated with BTC just yet.
2605  Economy / Economics / Re: Enjoy comunism (III) rats eating dead people and people eating rats in NK on: August 23, 2021, 04:43:53 PM
I have to say I was quite ignorant about North Korea before this topic, I have to admit to that. I thought that NK was a big dictatorship that was fascist in every possible way, sort of like Hitler and Nazi Germany, that is what I believed what was going on there. Turns out, they claim that they are a socialist nation! What an interesting view.

Now, I wonder if people here believe that this was communism failing? I mean is there any human on this topic that believes the fact that there is a fat guy at the top doing everything he wants, eating, dancing, having sex, limitless power, with some less powerful but still quite powerful generals, with death squads, with everything else that is wrong with that nation and people starving under the regime, is... communism? I mean do you know what communism is? Commune, community, communism? I still dislike communism, that is for sure (still a leftist though) but I am pretty sure any person who has ever known what a real communism is would probably know that this is a fascist dictatorship, you are aware of that right?
It is more about how in many parts of the world the extremes almost always get away with these type of things. You can call it communism, you can call it whatever you want, hell Nazis were "national socialist" as well, the socialist is in the name, if you want to call them leftists then you practically can, sure it may not look like it right now but the idea of "lets murder everyone who is not German and then make sure that all Germans are living great thanks to that" was communist back then, they never really put any difference between Germans, they were communist regarding their own citizens.

It is just a name, fascist, capitalist, democratic, communist, leftist, rightist, secular, religious all of these do not mean a thing, NONE, because it depends on the person who rules a nation. Bush, Obama, Trump, Biden are all the same nations presidents, but did the nation looked exactly the same under their tenures? Each made same nation look different. Hence you can be sure that it is not about the name or the party, it is about the person that is ruling, there are bad rulers and there are good politicians, irregardless of the ideology they have.
2606  Economy / Trading Discussion / Re: Trading involvement on: August 23, 2021, 06:28:02 AM
More surprising because even my 4 year old child also knows the trading site and knows how to spot buying and selling which is proof that it is not hard to teach others about cryptocurrency as long as they believe on us.
For some reason I was feeling emotional and connected to you until I read the last part of it. How in the world a 4-year-old knows what is spot buying and selling when even some adults are not sure about it Grin.

Whether you earn or not I don't really care. If your family is supporting you, that's really nice. But the child aged 4 years cannot simply know how to trade, no ifs and buts.

I hope you are not trolling and meant something else, maybe your kid knows what your are doing since 4 years makes more sense.
2607  Economy / Gambling / Re: 🔥Sportbook and Casino: BITSLER > $10,000 DAILY Wagering contest < on: August 23, 2021, 05:49:31 AM
It is basically like a faucet for certain people basically. There are requirements of course like you said so it is not totally free money and you should be able to do reach it only after you have been here for a while and did some stuff but basically after all of that is reached it becomes like a faucet, there are still to this day few places that give you free money (like namesake freebitco.in) and this is basically something similar to that where you get free money for being a good gambler here.
Well, I have been a player at Bitsler for a while now so I will gladly answer the question.

Nitro is kind of a faucet that depends on your wager and more importantly, your losses since the last nitro was set. If you had a big loss, you will likely get a huge nitro and maybe some chests if you ask the support about it.

That is the simplest way to explain it, you get to gamble with the casinos money for a while after you reached a certain level but it is a low amount so people who enjoy gambling here do not look at that as a solution or a way to make money but look at it as the thing you do while you are waiting for your next deposit to come through so that you can gamble properly.
True. It's sort of a bonus that keeps you visit the same casino which helps both the player to manage during the time he can't make a deposit and the casino because it retains the player. The casino cannot offer everyone the same bonuses because then it can be abused.
2608  Alternate cryptocurrencies / Altcoin Discussion / Re: busd or USDT safe on: August 22, 2021, 08:39:53 PM
There isn't much of a difference between the BUSD and the USDT.
There is a difference of night and day from the technical point of view but from a trader's point of view, yeah there's not much separating them. Both have a stable value and are good for the management of portfolios.

Tether (USDT) has a higher volume hence more liquidity in terms of price while BUSD is still far behind.

If you're a novice trader, you should focus on volume, arbitrage chances, and so on.
I don't think novice traders should ever focus on things like arbitrage because arbitrage trading requires superior knowledge and understanding of the market.
2609  Alternate cryptocurrencies / Altcoin Discussion / Re: Tron could be next doge or ada? on: August 22, 2021, 07:41:03 PM
I believe that Tron is basically dying these days because they got so much competition and they are not doing much to improve and include. If they do not improve and they do not include other projects into their ecosystem then they are going to basically die and nobody will remember them in few years.

Look at Polygon and Polkadot, these two became bigger than Tron very very easily, why? Because, not only they created a coin with a great blockchain (which frankly tron sort of has) but they also added so many projects into their ecosystem to convince people to use those projects, if you convince people to enjoy the projects based on your blockchain then they are going to check other stuff on your ecosystem and suddenly you are growing from inside out. This is why I honestly believe that Tron will fail, it is a great project itself, but never really included others in it.
2610  Economy / Trading Discussion / Re: Things to know before trading. on: August 22, 2021, 07:04:10 PM
Also, I would like to add, it is okay if you lose money. A lot of people gets upset when they lose money and it is understandable money is a big part of our lives and when you lose some then it becomes a big problem for you and for everyone around you, and that's why it is totally alright if you get upset.

However if you could at least pump yourself back up, and realize that it is money and you can earn it back, no matter how much money it was, if you got it once then there is a good chance you could have it again, in rare cases it is quite difficult, but most of the time every human in the world faces moments where they can make more money in a quick period of time than they do for years, I remember a month where I made more money than I made in 5 years total, which is why do not be upset and wait for the next time you are going to end up with profiting for this.
2611  Economy / Trading Discussion / Re: How to keep Bitcoin while getting benefits on: August 22, 2021, 06:29:31 PM
Pardon me if this has been already told but this is the easiest way of preserving bitcoins/altcoins while still making profits.

1- Sell a small part of BTC
2- At some point, surely the price will come down - BUY

If the price only goes higher, no worries you still hold a lot of coins.

Sounds very basic but actually works as well. Alternatively you can go for futures trading where you earn exponentially for every dollar BTC goes higher but it comes at a risk of losing the coins if the price comes down even a little.
2612  Economy / Gambling / Re: 🔥 BTC365.com 🔥|Best Crypto betting Platform! on: August 22, 2021, 01:30:38 PM
Visited the website for the first time and here's my first impression of it.

1- I like another casino is offering a dividend pool because I am a huge fan of this whole concept.

2- I see there is a google and facebook option for login but also telegram which sounds cool. I haven't tried yet but something new indeed, never logged in to any casino with telegram haha.

3- I can see sports betting with e-sports also available which sounds really good, myself being a sports punter.
2613  Economy / Gambling / Re: 👱‍♀️ Mummy's Ultimate Crypto List on: August 22, 2021, 06:11:49 AM
the first impression of your site was not so good because it look a lot of time in loading. The site is inspired by coinmarketcap as the first time the site loaded, i thought i am landed on coinmarketcap but then realized it cryptomummy site. Smiley
Your site has lot of animations which is sometimes distracted.
Exactly my feeling too and the loading time seems to be an issue for everyone. I guess as they mentioned, they are working on improvements and maybe they will add more sites and hopefully work on the loading timing.

I have seen some websites where the loader will wait until the whole website has loaded and only then display the content. I am not a huge fan of this type of loader because it's better to show the contents to the viewer and images can take time to load, at least text should be readable. Etoro is not a crypto wallet so there is some work required to be done with the content itself.
2614  Economy / Trading Discussion / Re: The reason why investors often lose money on: August 22, 2021, 04:58:49 AM
It seems to me that trade does not complete the basic and technical analysis correctly which causes the investor to lose his funds. It is important that you do some research before investing. People always lose their money at the wrong time. It is important that you read the chart carefully to get in and out at the right time. Most people buy goods when they have already bought a lot, which is why sales start as soon as they buy.
Well, there is no course you can pass or learn to assure yourself as a complete analyst of the market. A lot of people who are new to the crypto scene learn a thing or two about coins and start believing that they know everything about it. This is where the problem really exists. One may relate it to driving. When you learn to drive a car for the first time, you feel - ah that was easy! But you realize that there are new things to be learned daily.

Some will have accidents before they learn while some will learn without accidents. Similarly, a trader without complete knowledge and understanding is just going to fail multiple times. How quickly you learn depends on your grasp of the market understanding and self mistakes.
2615  Economy / Trading Discussion / Re: Trading Strategies changes with time on: August 21, 2021, 09:47:22 PM
this is because traders' behaviors also changes over time. When you are once experienced among market fluctuations and trends then you will able to predict turning points of market very easily and when more people start doing that and trying to catch such points too earlier then market will start showing changes in its fluctuations. So, we need to update our skills and strategies to compete against all other traders.
I might be wrong but a trader's behavior and attitude never change, even with years of experience. There are traders in my city who are doing this thing for years and every time I met them because we are sort of friends, they always tell me similar things about their trading. Maybe it's different from crypto trading.

It is kind of who is going to be different than the rest of all others. Those traders who are learning continuously may get chances to catch maximum profits before all others start booking profits and those who are not updating strategies might be waiting more to book profits but market may start falling down more rapidly before they react.
That makes sense. If 99 people are doing the same thing, they will never be a match for the 1 who reads their moves and acts accordingly. It is the "survival of the fittest" which means the one who learns new things and modify themselves will have the best chance of making money in this market.
2616  Other / Archival / Re: Global Crypto Adoption Has Grown By 880% on: August 21, 2021, 09:18:14 PM
Adoption is actually the only fuel for natural growth so it's a great sign that the adoption has gone up so much. I have been a huge critic of Elon Musk for all the trolling he did with dogecoins but I do feel that he has contributed a lot towards this adoption. It might be intentional or not but it cannot be denied that he with his tweets has made crypto much more famous.

The real value of Bitcoin shall be calculated once the adoption curve has reached the maximum value or has become saturated and there's no substantial growth happening. Then the price of BTC can actually be considered as the true value.
2617  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: August 21, 2021, 08:11:00 PM
It's now exactly 1 week since I am waiting for my withdrawal. My personal feelings start to shift from annoyance to fear of loss. Especially since I am trying to withdraw only a smaller part of my investment in bitvest.

My support ticket from August 14th is still unhandled and unreplied and I have a feeling like bitvest is simply not maintained anymore.
Lightlord has been busy with these things all the time and he was always like this. This is why I feel like there is another job that he does and this is his second job, I have always felt that way. These places probably do not make nearly enough money to consider it a business and just use this to make money, otherwise he would have been here or at least can afford to hire someone who can pay properly every month. Think about it, dude is basically managing a whole casino with 200+ pages now and he still doesn't "have the time" to handle it, if he is so busy, if there is something very bad in his life, just hire someone else to do it for him, you can always hire someone to work for you if you are busy, if you can't handle it yourself AND you can't hire someone that means this business is not a profitable one at all, and never was a one. There is literally no other explanation to this situation.
2618  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: August 21, 2021, 07:00:24 PM
New competitions are up guys:

Multiplier Master #40 ~ $600 up for grabs
Bonus Buy Bonanza #18 ~$600 up for grabs!
Slots Max Hit Madness #2 ~$600 Up for grabs!

Roycilik was dominating the previous competitions as usual, beat him please because I believe he is starting to get bored of being a winner from duelbits competition.  Grin
Lol, I doubt we would be able to actually beat him in 10 different thing if they existed, but some other person may (if they have the money and the courage to try), I just end up gambling the way I want and that is just going to have to wait and see what happens.

Sometimes that does return with a bit of a profit and that usually means I gamble a bit more and it keeps going like that and suddenly I am doing fine in a competition, rarely ever at the top, won just 1 competition in all of my 6 years of gambling because I never put too much money in, but in that one it was a poker one and I got really lucky at the very start and just rode that, same could happen in any competition, if you could get lucky early on, especially in stuff like slots if you first 50 bets include a huge win? Usually it is a lot easier to continue to gamble and be at the top after that.
2619  Economy / Trading Discussion / Re: How many consecutive looses can you handle in trading? on: August 21, 2021, 05:36:36 PM
I guess there's no set number of losses after which you realize that trading isn't your thing and is not working. It all depends on how much loss you are making each month and whether or not there is any improvement in the results.

For example, if you had 1k capital and lost $50 with your first month of trading. Now that's fine as long as your loss in the next month is not more than $50 because it shows you learned something and are improving at it.

If you are losing more or the same amount each month, it simply reflects the inability to learn and maybe a sign to stop.
2620  Economy / Gambling / Re: NASCRASH - Grand Opening 50 Nitro Signup Bonus no deposit required on: August 20, 2021, 09:17:16 PM
I have to say that the "idea" is good but I agree with everyone else, it needs to be executed a lot better, we are talking about "high school project" level like Kyraishi said, it really needs to be done a lot better and we should see so much more improvement before we can even say our clear thoughts about the situation.

I am not saying that we will have to see like this amazing million dollar change, it could be smaller by smaller gradual change, the idea is really there and loved but the fact that design part and functions part is so low level that people would not even properly give it a try and that is not really a normal thing. I do believe that you can get this better, just work hard and find a way to make this look better, same game, same idea just get it look MUCH better in order to attract people, that is really the only way.
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