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2681  Economy / Reputation / Re: Celebration of 4 years forum membership and advices. on: July 05, 2021, 01:25:25 AM
Happy to see someone who has worked hard and stayed consistent with being here. Thank you for sharing these pieces of advice with everyone and I think it would help for it to be seen by everyone.

I didn't know that you had created such wonderful topics like the benefits and disadvantages of joining a signature campaign. It was worth reading.

Anyway, congrats on having that milestone. Next stop, 10 years?
2682  Economy / Trading Discussion / Re: Does cryto have NFP? on: July 04, 2021, 05:22:44 PM
I think it's not going to be that effective since it's a global market and it's 24/7. I mean, there's already a catalyst with all the influencers exciting the cryptocurrency market. Those are why many people are buying doge as well, and look how it turned out. It's great. If you believe in something, you have to buy it. I think it's still best to know what you are buying into and sticking to your decision.
2683  Economy / Trading Discussion / Re: Best indicators for this situation? on: July 03, 2021, 04:55:20 PM
Add EMA into that and you are basically done already, most others are totally useless.
That might not be suitable for everyone knowing that they have their preferences with regards to what indicators they are going to use on it. It's always going to be the part where you could put so many indicators but they are just clouding your judgment. It's still best to stick to what you know, like what you said, yours is EMA, and stick to that. It's better that way.

I do not like Bollinger Band all that much because it just moves the post too much, it shows one thing and if it stays like that for a day suddenly what was insane yesterday becomes expected today according to BB and that is not something I really like in TA because I want some stability of my predictions.
You do know that BB's are based on MA's as well. It's in conjunction with a certain value of MA and there's just a ± of deviation from it. Everything is being looked upon though.

MACD and RSI is very nice as well, I have used them in a trading bot before and it did worked not so bad, especially when buying it is definitely catching right before it hits bottom, selling is quite difficult in any indicator at all times.
I believe too that entry is more important than the sell because as long as you have a %gain in your trades, it's still better than 0.
2684  Economy / Economics / Re: Will banking system in Bangladesh collapse? on: July 03, 2021, 04:40:33 PM
I'm just basing on what you said because I don't know how the financial system works in Bangladesh and how it's being implemented at this moment with all the pandemic stuff still happening.

So back to the stuff: I believe it's not going to collapse due to the pandemic because there are possibly reserves that banks can go into if they ever run out or experience a crisis like what we have now. It's not going to be an instant, to be honest. They will do everything they can to stay afloat and possibly get all those defaulted loans and get the value of the collateral they have given.

I hope they find a way without damaging their economy by printing more paper money out of thin air.
2685  Economy / Speculation / Re: Germany is about to allow legally the funds to invest in crypto, from July 1st on: July 03, 2021, 02:34:23 PM
Well, it's best to think that these government being friendly onto crypto are just gradual step for more worldwide adoptions. I mean Germany is a global leader and seeing they are that legally fine with it makes other countries think they may are out of the trend, just my two cents.
I do think it's the best approach by everyone. It's all about setting out samples towards everyone in the world that it's doable and beneficial to everyone. They are setting standards within other aspects in other industries, so why not the financial space, right? At least that's what I think why they are doing these types of things.
2686  Economy / Speculation / Re: Germany is about to allow legally the funds to invest in crypto, from July 1st on: July 02, 2021, 01:57:31 AM
I know that they have the laws in regards to being involved in the cryptocurrency space and that they require registration etc. So I'm not that surprised that they are going to be investing their money into crypto. I believe as long as they are putting up more application and investments towards cryptocurrency, it's going to be better for everyone of us involved in this space.
2687  Economy / Trading Discussion / Re: Best indicators for this situation? on: July 01, 2021, 07:41:13 AM
What sort of combination can you suggest for newbies out there that just wanted to try trading as well.  I'm looking for a combination of indicators that will confirm the predictions it tells and by checking the other indicator will also tell the same. Free tradingview account is only limited to 3 indicators, this hampers newbies in learning the trade.
You could try a lot of indicator combinations. Usually, Bollinger Bands with MACD or RSI is a great way to start. I mean, they could really help you assess if you are going to have long position or a short position. There are a lot of resources that you could check and one site that amazes me is from Binance Academy.

You could check it out here: https://academy.binance.com/en/start-here#trading

They have a very thorough type of topics available and you could really learn a lot from there.
2688  Economy / Trading Discussion / Re: Best indicators for this situation? on: July 01, 2021, 04:00:00 AM
Let's get things straight first. Trading is all speculation-based, and all the indicators you have included here are just to increase your chances of predicting the correct direction in which the market will go. It's not that it's not accurate. It's just that it goes in a different direction.

There are plenty of chances where the indicators predict correctly and plenty of wrong predictions as well. You have to use the correct combinations (maybe) and be consistent with your risk management. That's just how you can go about it.
2689  Other / Beginners & Help / Re: Be careful of scammers on p2p exchanges on: July 01, 2021, 03:30:39 AM
He answered why he was using new account, he actually helping someone to register and how to trade on binance exchange at that time he found that some scammers are targeting newly registered accounts.
I mean, yes, I got that but I was thinking of another thihng but either way, I hope his friend didn't get scammed.



Mistakenly bitcoin release can be from carelessness and lack of 2FA for Bitcoin release.
I'm not a seller in the P2P exchange but I'm pretty sure you just click the release button even if you have 2FA codes. (When I'm trading my crypto to FIAT. Is this true, OP?
2690  Other / Beginners & Help / Re: Be careful of scammers on p2p exchanges on: July 01, 2021, 01:42:35 AM
I'm pretty sure everyone using the P2P feature like in Binance has an idea of what could happen if they press the release button without ever receiving the amount of money that should be deposited.

I think it goes both ways, Buyers and Sellers can be scammed if they don't clearly check the right things with their assets whether they release it or not. Make sure to double-check everything and have evidence when transacting.

I haven't experienced this and I make sure that I will always trade with a high-rate seller/buyer in the P2P exchange.



I'm quite confused with your story at the start though. You have two accounts, one new and an old one. It shouldn't be included in your story, it just made it confusing. It just doesn't make any sense to be included.
2691  Economy / Speculation / Re: Using BTC only for Trading? on: June 30, 2021, 05:02:46 PM
I ask for those who just use Bitcoin for trades?
Do you think just focusing on Bitcoin to do trades back and forth using Stablecoins such as USDC etc a good focus?
I believe you should ask yourself first what you want to accumulate before anything else. Is it USDC or BTC? Or are you just going to hedge every time the price is going a different way?

So if you put yourself in a Buy position and the sell position does not happen. Just being left holding that BTC is a safe position regardless.
That's what some traders are doing. They are putting their way with pairs that they don't mind holding for the long term. They don't care about short-term paper losses, they only care about what's going to happen in the long run.

Vs holding an unstable alt coin such as something like Shibu Inu or some of those other alt coins that could disappear or dump lots within a day or a few hours. Also have no value in long term to hold an alt coin?
Be careful in trading meme coins. You can easily lose more than half of your capital if you have traded the wrong timing.
2692  Economy / Services / Re: Roobet.com |Super Roo Art Competiton ~ $5000 up for grabs! |10 Winners - 1 Month on: June 30, 2021, 04:07:43 PM
Super ROOBelt!

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2693  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Next $shib? TITAN on: June 29, 2021, 03:17:49 PM
This is what I have seen recently, that it has turned into 0 with a certain duration right? It's sad that from reading here, there are only a couple of hours, and then boom. I'm sad to see that a lot of people have followed this because of the hype by influential investors. It's better to have research first before investing in something. That's the best way to prevent these types of things.
2694  Alternate cryptocurrencies / Altcoin Discussion / Re: Hoping to see a bitcointalk token sooner on: June 29, 2021, 02:49:45 PM
I think of the Bitcointalk Token as the merit that we have. It's almost the same because there was an airdrop of merits and there is depletion in some way by receiving half only when you receive merit. I don't really know what else there could be. How will the distribution be?

Will the staff would be paid with it or something?
2695  Bitcoin / Bitcoin Discussion / Re: The First Bank In Mexico Is About to Start Accepting Bitcoin on: June 29, 2021, 05:23:14 AM
They are probably just considering BTC as one of the currencies to be used. It's just that they just "now" realized its actual value, knowing that many countries are just printing money out of thin air and not thinking about the economic impacts that it could cause. With BTC, it's the objective standard that nobody can control anymore to affect everyone. It's just the influencers that could manipulate the price are the ones to look out for, but it's okay if you believe in the coin.

I'm rooting for it to be implemented with their system to be even more good news with BTC, and that could be the catalyst towards the price rise.
2696  Economy / Scam Accusations / Re: FAIRLAY.COM SCAM, BET WIN = NO PAY on: June 29, 2021, 03:13:13 AM
Fairlay made no mistake, the match had not started yet.
Then what are you complaining about then? Isn't this the reason why you have this thread started in the first place? I think it's their fault if you have closed the bet 18:59 and the match is 17:19:14, then your bet is valid.



Quote
Market:  https://fairlay.com/archive/pain-vs-istanbul-wildcats/?referral=b8378473-cd8d-44e9-bd6d-130770e61974
Wait, what is this? You accuse fairlay of being a scam at the same time you spread referral links, is that ethical?
This is not a referral link.For invitation purposes. If you have clicked it, it refers to the bet that he made.
2697  Economy / Trading Discussion / Re: Is Cryptocurrency a Good Investment? on: June 29, 2021, 01:47:15 AM
Diversification makes sense in the case you are already happy with your wealth, after all the purpose of diversifying your assets is to protect your capital, however I hope people consider real diversification, many people in this market think of diversification as having several altcoins but still keep 100% of their capital in the market of cryptocurrencies.
Well that's true but if you check that cryptocurrencies sometimes have different reactions and responses within the market. Some don't follow the Bitcoin trend and I think it can be considered as diversification already. Technically, it's all in the crypto market but as long as it's a different coin within, I think it's okay unless you are talking about a different asset class.

Real diversification means been part of several different markets like precious metals, stocks, bonds, art and any other market you may like to form part of, however if we have not reached that stage then it could be a good idea to instead do the opposite which is to concentrate our capital in a single market and there is no better market for that than this one as the profits are on average higher than in any other market.
This choice would depend if you are really passionate about one asset class and believe you can profit from it or not but ideally, it's still better to have multiple investments instead of one.
2698  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP Ledger or Stellar? on: June 29, 2021, 12:05:27 AM
Yeah, those fees are are a form discouragement whenever we're going to send but it's needed and we have to support the ecosystem of any crypto that we're going to use for transfers.
Fees are a big part of how the economy works in this industry and I have never looked at it that way. I'm quite surprised that I haven't thought of the bigger picture of the economy and how it's going to continue if no one transacts. This is more inevitable if we have reached the BTC limit of 24M.
2699  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Cryptocurrency is best for long term investment? on: June 28, 2021, 03:53:39 PM
If you were to check what type of investments were involved in the long type term of investment category, gold is definitely one of the strongest to be held. And with that information in mind, you can already correlate what I'm trying to say. As we are in the digital age, Bitcoin is considered as the modern gold as its concept is almost the same altogether.

I will still choose BTC as the long-term one and short-term towards the other coins that you have included. What I mean by short-term is that it's going to be traded continuously by trading and speculating it daily.

That's what I do with ETH.
2700  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP Ledger or Stellar? on: June 28, 2021, 02:44:43 PM
With some situation that someone who owns bitcoin wants to save fees, they're going to exchange it to exchanges first then transfer it.
I think it depends on where they are keeping it. Whether they are on it in the following
  • Hardware wallet
  • Exchange wallet

Definitely, in a hardware wallet, it's going to double in fees, unlike if it's already in the exchange, it's only a one-time withdrawal fee if you ever put it into your wallet. Fees are such a killjoy.
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