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2821  Economy / Trading Discussion / Re: Don't trade if you're inexperience rather stake your coins. on: September 17, 2020, 02:15:24 PM
Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

Trading are for those who are very diligent, and who knows what it takes to successfully trade, unfortunately it's not for me, I've tried it twice but failed miserable I end up as a long term investor because there is still profit from HODLING although I know for a fact that there is higher profit from trading, I have to cut my loss and that is to stop and shift gear.
There are a lot of opportunities to generate an income here in crypto market but if you want a bigger one, trading is the best option. But i also believe trading is not for everyone as it requires more focus and dedication on the movement of crypto coins in the market so atleast you need to be knowledgeable first on the basics of trading. If you're not prepared for it, better try staking your coins or try investing into some of your potential coins.
2822  Economy / Economics / Re: Food prices doubled this year on: September 17, 2020, 01:46:09 PM
I think these are alarming news and we all need to prepare our self's for the worst. Most of the developed nations are not self-sufficient in terms of food supply. Especially in Europe a lot of countries rely heavily on importing food across the world. What if prices keep increasing and we won't be able to important all the food we need?
I am already growing done fruits like apples and various berries myself, even some tomatoes and salad but this just kit enough to self sufficient. It takes a lot of land to grow the amounts to support a family.
The inflation of food prices in the local market are not just happening in few countries but in most of the countries today even if we are facing this pandemic crisis. Although it can be said inevitable, but here in my country prices are closely monitored by the government so that those affected people can still buy good foods in the market without paying such a high price. There might be price increase but i would say they are still manageable.
2823  Alternate cryptocurrencies / Altcoin Discussion / Re: The Improvements Cryptocurrencies Should Make on: September 16, 2020, 09:12:05 PM
I'm not able to say what cryptocurrencies in general should do because different cryptos aim for different results. Some want to be centralized bridge currencies, some high privacy payment solutions, some decentralized stores of value. There's really no one good answer for your question OP.

Maybe recognition. They should be explained well and approachable by the masses.
Cryptocurrency has been improving already each year and its usability has been widely more developed too. What we should aim at this moment is its total adoption and legalization from the government because there are already lot of people who are aware about the existence of cryptos but only lacks adoption from the government so that it will be well benefited by its users.
2824  Economy / Trading Discussion / Re: I'm thinking about trading. My name says it all. on: September 16, 2020, 08:54:13 PM
Why not just continue with the exchanges you have heard of instead of looking for another exchanges to make use of? That’s how some of you end up falling for scam exchanges. Binance and Coinbase are the biggest exchanges we have here, so we go the two of if you’re interested in day trading, they are the best and that’s why you heard about them first. Majority of the other you’re going to come across are likely going to be scammers, so be very careful.

eToro[1] has this feature; pretty much they give you $100,000 of play money, and you can trade with all your heart's content without actually risking your money. You can also trade assets outside of crypto aswell.

Yeah eToro is going to be helpful with their virtual trading , he wouldn’t have to start off immediately and start trading with his money and taking risks, although I have not made use of the eToro trading platform, I have been making use of Binance and Coinbase pro for long now. Heard that eToro also has copy trading.
Binance and Coinbase are already good choices for day trading exchanges and they are well trusted by most of the traders here. Since you are still a newbie in trading, i suggest to gather more information first and use a free demo account first so you will be aware of how a day trading will work and if you are suitable for it. Many have thought that day trading is as easy as that and can be much profitable but in the end, only few have succeeded and gain huge profits while others end up losing their capital.
2825  Economy / Economics / Re: bitcoin dont pay our billls we need passive income on: September 16, 2020, 08:30:26 PM
btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income Smiley there is need for passive income



who will vote for that?=


It's true that we can't rely everything on Bitcoin. Honestly, things will still depend on how we handle our funds and how we live our lives. Bitcoin alone can't pay bills. If we'll use our investments to pay our necessities, I don't think we could still gain a good profit in the future. It's still important that we'll have a permanent source of income to sustain our primary needs. Yes, we're in the midst of the pandemic and it's hard to find a living but we should have the courage and urge to do something just to sustain our finances. Life is a matter of survival and if we'll rely our needs on Bitcoin or even with the government, I don't think we'll have a sustainable living.
Yes. Bitcoin may sustain some of our needs but not really all of them since bitcoin is not accepted in some merchants. Even the government cannot give us everything we need for a living so we should learn to work on our own and stand on our own feet for our survival. There is no free money in the world and if we want to make an income, we should have more courage to keep on working and find other resources that can sustain our basic necessities.
2826  Economy / Economics / Re: 2020 Money is king Again Good news on: September 16, 2020, 02:05:51 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Money is king since when it was invented from the humans. This is not a good thing if we build our future only based on Money because good values in some occasions will help more than money. This is my personal idea about it.
It is not surprising nowadays that money is very much important so we can buy all our basic necessities for survival. But that doesn't mean that money is the king because even those people who have no bundles of money are still living freely as long as they are still eager to work to earn for their living.
2827  Bitcoin / Bitcoin Discussion / Re: The acceptance of cryptocurrency worldwide on: September 15, 2020, 11:58:57 PM
In my opinion, this will takes time that bitcoin to be accepted globally. We already observe this that some people doesn't know this cryptocurrency and even other countries prohibit the use of bitcoin. It's been discussed before the acceptance of the cryptocurrency and only we can do hope there will be an massive adoption on bitcoin to be happen in the future.
Bitcoin doesn't need to be a global currency at this early times but making it as another option of payment aside from fiat is already a great achievement for crypto. We cannot expect for the whole world to accept bitcoin and legalize it but this pandemic is an eye opener for all the thousands of people that bitcoin can be a great currency with its fast and convenient online transaction.
2828  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is It The Best Time to Sell Ethereum (ETH) on: September 15, 2020, 11:48:04 PM
Whenever i have sold ethereum in the past i have regretted it and now when the overall trend is positive i think it is not wise to sell. If you can hold for few weeks i suggest you to sell not before the eth price hits previous highs.
It's good to sell your ETH with 20% profits and that's already high but since the market is quite positive these past few days, there might be high chances that ethereum would break another ATH and end its price in its all time high. But the last decision would still be all yours.
2829  Economy / Economics / Re: Is it time to think of cash and bank deposits as different currencies? on: September 15, 2020, 11:26:56 PM
I don’t really know about that, but in some situations people tends to be in need of cash. Just like when there was a lockdown, a lot of people were rushing to the banks to withdraw more cash and store at home, to the extent the government was trying to limit how much they can withdraw from the banks.

There are other payment methods, but there are places that are not really technologically advanced so they can’t make use of these other payment methods. It’s just like when I go to the market to buy foodstuffs, none of them are accepting cryptocurrency or any of these online payment methods, all they go for is cash. So people will definitely be in need of cash more than any other payment method.
Cash and bank deposits are totally the same because they are still both using the fiat system. Since we are facing a pandemic at this moment, it is already expected that people would prefer to have their cash onhand than going out from their homes and do bank deposits. There might be less deposits at this time due to lockdowns because people are totally in need of cash to sustain their basic needs for their own survival.
2830  Economy / Trading Discussion / Re: Fundamental Analysis or Technical Analysis - which is more important? on: September 14, 2020, 11:58:07 PM
Both are important and have a good use in the market, but I prioritized using Technical Analysis because I see it much profitable for me.

This helped me a lot about the timing and patience, this also made me understand that there are a lot of possibilities that might happen in a short period of time.

It can improve your decision making to prevent bad timings, it will help you to have much clearer and certain perception towards the movement in the market. Most of the common mistakes of the newbies are decision making, that's why they aren't really making profits and instead losing their assets.
For me, both analysis can be very much helpful in achieving our goals in the crypto market. The more knowledge you will have, the higher chances of creating good profits in the market. But i also believe that there is more than these two. Discipline is what we also need the most particularly in trading. Technical and fundamental analysis won't end up having good results if we traders do not have discipline and don't have patience in whatever uncontrolled situations that may come in the market.
2831  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it getting late to buy crypto again? on: September 14, 2020, 11:35:47 PM
Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.

It's never too late if you want to invest in Bitcoin or altcoin, because the price of Bitcoin and altcoin will definitely increase even though sometimes the price will fall, but all you need to do is hold when the price hasn't increased and buy again when the price down, because cryptocurrency prices will definitely increase even though it takes a long time or sometimes in a short time you can get profit, because at that time there was a bull run.
Everyday is a good chance to buy and accumulate more potential coins but the best time to buy bitcoin and altcoins is when the market turns into bearish and all you will do is keep holding them until their prices make a huge surge and sell them. But if you don't want to miss today's opportunity, as long as you have enough funds to buy at the current price, then it will still worth to invest.
2832  Economy / Economics / Re: money is root of evil on: September 14, 2020, 11:15:53 PM
Its a good idea but it cannot be possible because it only teaches the community to be just passive, non-productive and rewardless. I agree that Money is the root of all evil deeds, but Money really makes the whole world round and we must admit that we really need money to eat and move forward in life, it's the #1 above all necessities.
I think the root of all evils is definitely the greed of people towards money. Even if money won't be available anymore and will be replace by vouchers, the system would still be the same unless people would learn not to be greed anymore. I believe also if these basic things in life for survival would come out free, then money or vouchers would not be a big issue but i guess this is too far to be true.
2833  Economy / Trading Discussion / Re: What the heck is happening to bitcoin! on: September 11, 2020, 08:26:19 PM
Is it manipulation? or just not breaking the resistance of 12K Area?
I am shocked of this recent drop and i am a long term holder, what do you think it will happen? just a correction?

Bitcoin cannot constantly grow in price. What we are seeing now is really a correction, but no one can say exactly how deep it will be. All of us are waiting for the price above $12000, just as at the level of 9000 we were waiting for the price to break 10200. You need to stock up on popcorn so that the expectations are not so boring)
Well if you are a long time hodler, you won't get surprised or shocked with its current price dropdown. Bitcoin won't always stay on top, so it will surely go down its price and then up again. If this is just a correction, then this will not happen for long. Price will surely rise up again and those who have keep hodling bitcoin with patience and confidence will eventually make huge gains in the long run.
2834  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: September 11, 2020, 08:03:43 PM
I really appreciate XRP, they have been working hard to achieve their dreams but some things didn't happen. But I'm pretty sure XRP will continue to improve year after year, it's pretty hard to hit $10 right now
Yes. Ripple is really doing great in the crypto market but knowing it's centralized won't make people chose it over bitcoin. Bitcoin will always be bitcoin and no other crypto coin will definitely replace its position these days. Although Ripple has all its potentials to improve even more but it won't take the position of bitcoin, not even ethereum.
2835  Economy / Gambling discussion / Re: NBA 2019-2020 betting on: September 11, 2020, 01:16:49 PM
Nuggets ML for me. I won't give them up.  Cheesy

Putting a little bet on Nuggets ML, this is their last game if they lose so we should see some fight from them for a possible last game. Moneyline at 4+ that's a lot of winning if they will win to extend the series.
2836  Economy / Gambling discussion / Re: NBA 2019-2020 betting on: September 11, 2020, 11:29:54 AM
Nice win Reid....

Here we go, we are in game 7, I lose my bet last game but I'm ready to go LARGE in this game.

No changing of heart here, I love the Boston Celtics to win in game 7, if they will win I believe they will cover.

So my pick is Boston -2.5

Damn, i'm contemplating on betting on the Raptors as i think they have the advantage on this kind of a situation but with you betting LARGE for the C's, i'm changing my mind  Smiley. Tailing your bet this time and no regrets whatever will happen on tomorrow's game.

I'm sure there will be regrets from you man, haha.. you should follow your instinct, stadus could be wrong here, and it's not good to watch the game when you have some doubts on the team you are betting. I'm not replying on your post to change your mind, yes you can follow.  Grin
2837  Economy / Gambling discussion / Re: 2020 NBA Season on: September 11, 2020, 11:05:22 AM
Game 7 I should go all in, this is my first all in, lol... Celtics all in, this is game 7, they will gave everything here so for awhile the world will stop for me. I have the Celtics winning in game 7, no explanation, I just feel they will win.
Dude, that's some confidence right there, I wish I had a bit of it  Cheesy. Well I am rooting with Toronto Raptors on this match up (but I couldn't bet lol), however, I couldn't deny the fact that, Celtics is way more dominant team here. Anyway, best of luck with your bet as, I am pretty sure, large money is at stake here   Wink.

Why you couldn't bet? We are in the crypto space, if you are minor it doesn't matter, just try to put a little bet man, I'll tell you, it will entertain you more watching the game. Remember, this is game 7, no other game after this.
2838  Economy / Gambling discussion / Re: 2020 NBA Season on: September 11, 2020, 09:03:51 AM
Game 7 I should go all in, this is my first all in, lol... Celtics all in, this is game 7, they will gave everything here so for awhile the world will stop for me. I have the Celtics winning in game 7, no explanation, I just feel they will win.

Just follow your instinct, this is game 1, it's anybody's game. I would consider betting on the Celtics also as in the last 6 games, they are the ones who are a better team, of course others could see it differently but that's how I see this game. I am also thinking of betting the under as game 7 is all about defense, so hopefully there won't be no OT in this game.
2839  Economy / Gambling / Re: Best Prediction Site on: September 11, 2020, 08:39:02 AM
I think this topic is best to be move in Gambling discussion board, honestly, I don't trust a prediction site, I'd rather join a forum and look at what people are sharing, and I have member that I followed as they are winning.
2840  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Altcoin to Invest on: September 10, 2020, 03:10:47 PM
I think the safest and one of the most reputable exchange right now is the Binance.com, well you don't need KYC in order to open an account however it is optional which can be an extra security feature to your account and also you are a priority when you face a problem with your account plus your withdrawal limit will increase. About the Altcoin to invest I personally recommend Ethereum and BNB this coins but you can have your own research about upcoming and current DeFi projects they are quite famous right now.
Same with my thoughts too. I prefer to invest in ethereum as its the topmost altcoin in the market and gained the huge trust from its investors. When it comes to an exchange, Binance is my top choice because its the most reputable and most secured exchange i think based on my own experiences. There may be various suggestions here in the forum but the final decision should still come from your own deep research.
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