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2701  Economy / Exchanges / Re: Poloniex cannot change the email address assigned to an account on: April 13, 2021, 05:15:39 PM
There is a difference between losing your email and losing your password or maybe something else. Email is like the most important part of everything you’re doing online so you should be very careful about it so not to lose access at all. I experienced something similar with another platform, and it happened that I activated the tow factor authentication and lost the phone number that I used to activate the two factor authentication and I had to use my email to verify to them that I am the real owner of the account and that’s how they were able to verify and then switch off the two factor authentication that was on my account and I was then able to login with just my password.

Assuming I had no access to my email and I was contacting support and telling them to change my email and my phone number and deactivate the two factor authentication, how do you think that sounds lol?. Unless maybe you did some kind of KYC on their platforms, that would be one way to verify that you’re the one owner of the account.
2702  Bitcoin / Bitcoin Discussion / Re: “Bitcoin is the laughing stock of our firm” on: April 13, 2021, 04:45:54 PM
There are people currently like this today, as there was 8 years ago. Nocoiners. How long must the network run before they can admit that Bitcoin, and the idea of Bitcoin, has opened a Pandora’s Box, never to close again.



How high must Bitcoin’s price go before they accept it as a self-sovereign Store of Value, HODLed as a hedge in case the Fed/Central Bank, and the government loses control of the financial system?
Some people have serious problems, although I wouldn’t blame some of them because they do so out of experience they have had in the past, but there are those who are just plain dumb and no matter what they are not going to understand it and they are going to keep saying trash about it, while some are also those that are angry that they missed the train and they are now saying trash just bring it down so that no one will be interested in, which is definitely not going to happen, they are just running around for nothing.

When you see such people you shouldn’t be trying to convince them about anything, don’t stress yourself about them, just focus on yourself and do your thing. Nobody said they are not seeing how Bitcoin has been progressing, they have just decided to be dumb. So, leave them.
2703  Bitcoin / Bitcoin Discussion / Re: How do I convince people that Bitcoin isn't a financial pyramid? on: April 13, 2021, 03:45:33 PM
With more and more influential people and companies getting involved with Bitcoin there's been a lot of talks about the crypto world among regular people, to whom Bitcoin is still something new and unknown.

As you might expect, many of these people believe that Bitcoin and all other cryptocurrencies will not benefit the economy, but rather only make it worse, and many are convinced that Bitcoin is yet another pyramid. And what upsets me the most is that among these people are economists, financial advisors, they should know better, than that...

So how do I prove them wrong?
I have seen a lot of people who believed that bitcoin and cryptocurrencies are just another pyramid schemes and I when I see these people I don’t really stress myself in getting to explain what it is to them, because when I try to say it they will keep saying that it is a scam, so I just don’t stress myself. The truth is that you can’t really force people, if they don’t want to believe in it there is nothing you’re going to do to them to convince them that they are wrong, even if it’s possible it’d going to be a really difficult thing for you to do.

What you have got to do is to keep teaching those that wants to learn and as for those who don’t want to learn, don’t stress yourself, it’s all with time and they are going to realize that they have made a huge mistake of getting in when they were told about it.
2704  Economy / Trading Discussion / Re: I'm wondering who trades with paid signals? on: April 13, 2021, 08:07:28 AM
how much more a paid signal provider that must have wasted much time before sending its signals to their numerous members, this will definitely result to most members losing many trades due to late arrival
Mostly those signal providers will not care that; instead they will simply claim about the accuracy of their calls. But, when we are not getting signals on time, that will definitely end in big losses but that is not the concern for those signal providers. Even with some low number of subscribers based signal provider also not providing signals on time because they are trading themselves which means first they want to trade based on those signals and then they are sending to their subscribers.

Overall, there are many factors influencing for paid signals to become ineffective for its subscribers. But the providers are making easy money every month.
2705  Economy / Trading Discussion / Re: beginner trader: Are trading signals and bots worth it? on: April 12, 2021, 07:29:21 PM
my question is really, Are they ever actually worth it? has anyone ever made much profit from these "premium" signals other than the people that run them? or could it be how I have the Cornix bot set up?

I have followed some guides but I wonder whether I should try and commit the time to learn to trade manually without the use of Bots? It's just a nice idea to have passive income while I am at work and asleep.

Appreciate any response and always happy to receive any educational material you think would be useful for me.
Well, I have been hearing about telegram signal groups for long but I haven’t seen any evidence at all that any of these sites really works, to me it seems like they don’t work, it’s all just tactics for them to be making money for themselves, and some of them can even take their trading history to convince you to join their telegram groups and pay for VIP services that wouldn’t be heading to no where.

But it can also be possible that there are legit ones around, but if was you I wouldn’t be subscribing for that again lol, if I have not been able to cover up what it cost me to sign up for their services the first time, then what’s the need for me to subscribing again for their services ? It is not going to make any sense because I am the one losing. I will say you should try out copy trading , and check the history of the professionals there and be able to tell if they are good or not.
2706  Economy / Trading Discussion / Re: Bitcoin Trading from Scratch on: April 12, 2021, 04:55:01 PM
The first thing you need to get started trading bitcoin is to open a bitcoin wallet. Bitcoin traders are actively seeking the best possible solutions for trading and investing in bitcoin.

These bitcoin strategies can also be used for trading bitcoin cash as well as other cryptocurrencies. In fact, you can use this as a trade guide for any type of trading instrument.
The method to employ are simple. Diversify your trades. ...
Minimize trading costs. ...Watch Trading times. ... Make sure to follow Bitcoin News. ... The use of technical analysis is essential. ... Finally, use stop losses.
Diversifying assets is a good strategy, because if you’re investing in only one coin the coin can start crashing at any moment and you will be the one that’s losing your money just because the particular asset you have invested your money in is losing its value. But when you diversify, if one is not doing good, the others will still be growing, though I do tell people not to do it too much, they should be selective of the coins that they are going to be investing their money.

Some people just like to invest in any coin they and before you know it they have lots of shitcoins on their portfolio that will end up going nowhere. So it’s best to be selective, just because a coin seems good is not enough for you to jump on it ,you will still have to dig in deep and do more research on it so you don’t make mistake. I don’t think I have done more than ten before.
2707  Economy / Trading Discussion / Re: How to read whale alerts? on: April 11, 2021, 06:44:17 AM
you think the price will go up ? but others think the price will fall down because a whale is trying to sell .
its hard to tell if who is correct because the price can move randomly but dont mind them but mind your own business because you know if whats good for you .
 it was your money not theirs .
I feel like both sides could be writing in the short term but not in the long term. If you are talking about short term bitcoin could go down and it could go up, both of them are quite right and possible. However one thing is quite guaranteed, bitcoin will go up in the long term, can you tell me that in 10 years bitcoin will not be over 60k already?

I am 99.99% sure that in 10 years we are going to see bitcoin way more than what it is today and that is why I am not really caring about the short term falls, if I buy from this price, I know that I will be richer in the long run, it could be richer in a year, it could be richer in 5 years or maybe 10 years but it will definitely happen. This is why I feel like some people will get richer from this but if they are capable of waiting, if they do not wait and sell on the first drop they will just lose money when they could.
2708  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT is an interesting space on: April 11, 2021, 04:47:05 AM
Non-Fungible Tokens (NFTs) has been under the radar for the longest time, other than when cryptokitties jammed the Ethereum network.

The initial impression of NFTs is just a nice to have collectible, but if you look deep enough NFT can actually lead the industry a long way.

The most interesting concept of NFT at the moment is in the traditional gaming industry, all the characters, items, skins, equipments and skills you own in one game can only be used within that game itself.
But with NFT, all these collections that you have could potentially be transferable and usable in other games as well. One significant difference is the money you spent in one game will not go to waste, while the other risk that are taken off is if the game developers does not want to support the game anymore, your collections can still be used in other games.
I have recently send people selling videos as well, I wasn't really expecting that at all and I didn't even know videos with sound on could be turned into NFT at all, it felt like it was something I never would see but it is there right now, this is why I think it is quite nice to see NFT space growing.

Now there is a website that is selling "melody" or whatever you call it, they call it beats and that is basically the sound of the song without anyone singing it, no idea what you call that, but beats are usually used in raps and that is the musical part and I think that is a good idea, I feel like people actually do end up spending some money on that if they want to create some music, you listen to it and if you like it you buy and when you buy it that means it is yours and you can rap over it and that will be yours without any license deal at all.
2709  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP is Back on: April 10, 2021, 08:28:13 PM
Guys I have no doubt about XRP anymore because hours ago ripple already net themselves an early victory in court as we speak, hehe
court granted Ripple access to U.S. SEC documents so don't even think that XRP just surge for 1$ for no reason sake

https://nairametrics.com/2021/04/07/ripple-scores-early-legal-victory-xrp-breaks-above-1-for-first-time-in-3-years/
Can't believe people are this easily convinced, it is really funny. Let me explain it this way, XRP was at around 20 cents, not it is at around 1.3 levels right? You think that is good, you believe it has gone from 24 cents or so to 1.28 levels in less than 3 months so you are very happy it right? Well have you looked at all other coins recently? Ethereum went from like 150 bucks to 2k+ levels, bnb went from 15-20 dollars to 480+ dollars, there are MANY different coins that made a move like that. If you still think that there is really a good thing left about XRP that means you are really a fool, I am sorry.

I have always stayed away from XRP because who would want to buy a centralized coin, and it is centralized to a silly company as well, not like BNB which is tied to Binance but I would understand people who do not use that too. At the end of the day it is risky and it wasn't that much profitable neither.
2710  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange tokens all the way on: April 10, 2021, 08:03:12 PM
It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
Well, sometimes you can as well ruin your life while taking risk. So, if you’re going to be taking any risk it is always best that you evaluate the risk that you’re about to take know whether you will be able to bear the consequences that follows if eventually things goes wrong.

Take for example if your going to be taking risk to invest in tokens that you don’t know a thing about it is best that you first check your pocket and understand what you can be able to invest and in case things goes wrong you will be able to bear the losses. If you’re not going to be doing this then you’re making a mistake and can lose your money in all these tokens. And also you should know what you’re investing very well. That’s important.
2711  Bitcoin / Bitcoin Discussion / Re: Bitcoin Could Be Chinese ‘Weapon’ on: April 09, 2021, 09:44:35 AM
Just this morning I read the headline from Yahoo Finance call Bitcoin Could Be Chinese ‘Weapon’.
https://finance.yahoo.com/news/paypal-co-founder-bitcoin-investor-215101452.html

We know a lot of bitcoin in China, but if that's true, how can they turn bitcoin into a ‘Weapon’.
How does it affect the world?
And will countries in the future start competing for Bitcoin with each other?

Yan - SnapBots.
A lot of things have been said about Bitcoin, but this one of it being a Chinese weapon is the one I am not going to be believing , since it’s decentralized , I can’t imagine anyone or the Chinese doing anything stupid with Bitcoin, which is what I thought at first when I read this topic and of course I can remember the 51% attack and things like that, but I believe things have already changed and there have been more miners and more of competition.

But when I read the article on Yahoo, I understood that what he was saying was that Bitcoin might a tool that’s used by the Chinese to dethrone the US dollars. Well, I don’t know about that.
2712  Economy / Economics / Re: bitcoin are good and not USDT what else? on: April 08, 2021, 08:25:33 PM
what else?
if btc are good and nobody cant take it from you by freezing your balance but the problem is btc are volatility.

so my conclusion: banks and bitcoins are good and best? banks are best becouse you can hold your stable fiat currency safe there
I do get what you’re saying, but your headline confused some people. I understand that you’re saying this based on what has been on the news about USDT. But one thing you have to know is that even with all that has been happening the USDT kept increasing in value and it sits at the fifth position on the coinmarketcap.com list with a market cap of around forty three billion dollars, and that’s huge.

Making use of USDT is not a must for anyone, yes they have been a lot of things that we see wrong these days, the Tethers are not fully backed by the USD, and we are not sure whether they are just setting any number the want the public to believe that it is 1:1 with the US dollar. There are lots of other good stable coins, and if you want to be making use of fiat, that’s also good, whatever way will work best for you.
2713  Economy / Speculation / Re: Don’t Panic IV on: April 08, 2021, 07:01:32 PM
I agree on that many people is really easily get panic specially when the price will down. Well we cannot help them if they get panic maybe they invested a big amount in crypto, that is why we need to control our self and invest an amount that we an afford to lose to make our asset safe and we can also avoid panicking, crypto is high on volatility but some people still invest on it and used a big amount of money to make a big profit.
People do not learn "not to panic" the more they panic, like let's say you have seen bitcoin go down few times and each time you panic sold all your investments and got out and then it recovered so you see that you shouldn't have panic sold your coins, that doesn't mean that next time it happens you won't panic and sell all your coins, you could do that 10 times in a row and still do that on 11th time.

I believe it is a characteristic thing, I know people who hold bitcoin when it dropped from 20k to 3k and even bought more during that period and increased their bitcoin holding, I remember someone actually buying Nano from 30+ dollars and still hold today, dude bought so much during the same period that he finally made a profit recently. So, there are people who can hold even on the first time it happens and there are people who panic sell 20+ times so it is a characteristic thing if you ask me.
2714  Economy / Speculation / Re: 50K on the way and I am Still Alive on: April 08, 2021, 06:25:55 PM
Back in those days it seems impossible because the price is really cheap at that time.

Who would have thought after 7 years we can reach the value you predicted. Those believer who still hold their bitcoin from early days up to now truly deserves the profit.
Of course, they trust the future of bitcoin and now they should enjoy it.

This is a great retirement, imagine, if you bought bitcoin at $100 each, you will definitely be so rich now, and you don't need to work and probably you can own different business which would provide you your future financial needs.

I'm a bit envy of the early adopter but I don't loss my hope that one day I will also make a fortune investing in crypto because it's no only bitcoin that gives opportunity now.
I think there are some people (definitely not me) who would be willing to work even after they have enough money to retire. I never really understood the idea and why people are like that, why working seems to be the thing they want to do when they have a lot of money, obviously not for someone else and just be a hard worker, but they want to have like an office where they go to and they do some unimportant thing, not really cost them too much so it should be any business that breaks even and that is all they care about.

I do not believe that, I would rather have something that would make it my whole life is a whole vacation, if I had money I would do that. I didn't buy bitcoin at those levels but I did bought cheaper than this and I hope if I ever have enough money to retire one day I will end up not spending any of that to anything luxurious and retire and never work again.
2715  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange tokens all the way on: April 08, 2021, 05:09:39 PM
It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
I definitely agree with you. Because I have been watching both WRX and BNB and both are performing marvelous in recent times but unfortunately I have not invested with any of them. Actually I was planning to buy some BNB when it was trading around 0.0015 BTC but somehow I have missed it and right now it is trading above 0.007 BTC in less than 3 to 5 months of time. Definitely if they have invested, that must be changing my life somehow better.

Tokocrypto is something I am hearing for the first time. I just googled and I came to know it is an exchange of Indonesia and right now biance is migrating and the process is still going on as per coinmarketcap.
2716  Alternate cryptocurrencies / Altcoin Discussion / Re: Converting Bitcoins? on: April 08, 2021, 04:27:00 PM
Ok so if I convert Bitcoin to Ethereum I know I will be taxed. If I convert Bitcoin to GUSD, will I also have to report that to the IRS so I will be taxed?
Luckily my government taxation laws are somehow different than what you have mentioned. Because I do not need to pay taxes for converting may bitcoins into altcoins but I need to pay taxes when I am converting bitcoins into my local fiats and then I'm withdrawing them into my bank account and after that also I need to pay taxes only after exceeding some level not for the each and every transactions.

This is about only for income tax but for every transaction my exchanges will be directing some fees which are including tax and I guess that tax will be paid on behalf of me to the government. So, basically I'm not worrying about taxes when I'm converting bitcoin into my local fiats until I reach some limits.
2717  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt season NOw on: April 07, 2021, 07:18:59 PM
As per the all the researches. Now commenced the Alt Season. Lot of giant youtubers , Websites indicates that alt season started.

I also personally believe that April for ALT. What is your experiences and view about this ?
Lol it seems you haven’t learnt what these you tubers are capable of doing? A lot of them can be paid to shill a particular and then you will see them talking about altcoins season and listing altcoins that will likely be bullish and then they use that as an opportunity to push in the coins they want to shill to their followers and by the time you have seen a lot of them mention that particular coin you will be thinking that is the best coin to buy, you wouldn’t know that they were all bribed for it.

Do proper research before you talk about altcoins that are going to be pumping and alt season. If anyone is going to be telling you a coin will be pumped they better providing a proof.
2718  Bitcoin / Bitcoin Discussion / Re: You Think Bitcoin Save Your Economy on: April 07, 2021, 06:46:13 PM
With the recent situation with the pandemic going on. Has created many economic challenges for all.
Do you think Bitcoin and other cryptocurrency could really help people bring back their economy?

This be in the form of trading. Use of the currency? creation of? education. etc

What are your thoughts on this. Could this cryptocurrency help people give some new direction?
Maybe the answer is a No. But there is a way I see this, there are people in my country who are cryptocurrency traders and most of them got their life changed when they started trading cryptocurrency, and since they are rich and investing in the country, I don’t know if we can say that that’s a way for cryptocurrency to contribute to the economy? Although I do know that there are lots of people who have lost money as well. It’s just like a thing of luck, and when it starts working, it is huge.

But, let’s not forget that there are now centralized exchanges, and these exchanges are becoming big businesses with offices in different location around the world and I guess that can be counted as cryptocurrency contribution to the economy of those countries where these exchanges are, because if not cryptocurrency, then there wouldn’t b such exchanges.
2719  Bitcoin / Bitcoin Discussion / Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It? on: April 07, 2021, 06:29:38 PM
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
Sure it can be hacked and this is a question that a lot of people keeps on asking all the time because they are trying to be careful and wouldn’t want to lose their money that they have stored in their cryptocurrency. Cryptocurrency wallets can be hacked and you even run double the risk when you’re making use of a crypto wallet that is online base, that means that if the platform that is Hosting that wallet is hacked you’re going to be at the risk of losing your money in that hack.

But, I think it’s always be careful ahead and try to not to drop traces that’s going to attract hackers to you, if you’re the type that’s dropping such traces then you’re running huge risk.
2720  Economy / Trading Discussion / Re: I have a few beginner questions regarding crypto trading on: April 07, 2021, 03:01:11 PM
After falling down the rabbit hole of learning how to mine, and learning how to build a mining rig, learning how that stuff works, I learned what I needed to learn and decided that I cannot afford to start mining right now.

So as an attempt to better comprehend and explore the world of cryptocurrency(which I've only been aware of for a few years), I decided to invest in a few types of crypto.
People who are not storing their cryptocurrencies on exchanges are being careful, they don’t want problems that has to do with exchanges, so they feel its best that they store it in a private wallet. Sometimes exchanges can get hacked and you will lose your money if the exchange is not able to recover what was lost, that’s part of the reason a lot of people don’t want to be storing on exchanges.

Although some exchanges are doing really well in security these days. Another reason why some people will avoid exchanges like Coinbase is because they don’t want to make use of centralized exchanges that are going to be collecting their information, they want to keep it private. Then another thing is that these centralized exchanges do have bad customer support sometimes, there are problems you can run into and wouldn’t be able to get it solved. Some prefer to make use of peer to peer exchanges.
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