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As the pandemic started, China was at its best with their economy. But lately, we're seeing that US is also going there and more with the recovery. The impact of this would be good if they will make such good statements about bitcoin.
With the latest news, IIRC, Biden is starting to get his touch with cryptos too but the impact of it for every individual would be a lot in terms of taxation. CMIIW.
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There's no need to think of those matters.
Bitcoin is already quite established and there's no need to worry about those super powers and countries that are too big for it. Just as the usual thing when there's an opponent and they cannot beat it.
Soon, they'll join.
You don't know what you're talking about superpower nations, look at what China did to the market after it cracked down on mining, that is just the tip of the iceberg of what they can do, superpower nations have the nukes, the supercomputers and the money to do what they want if they see it fitting their interests. Also, these nations aren't just going to join in, that's a sign of being defeated for them and no one easily yields like superpower nations. I know what I'm talking. This is a volatile market and every piece of news affects the market, cracking down, banning, tweets of a single popular guy and everything. Talking about supercomputers, they can buy it but what they've done? they did nothing and as there's a big money that they can take advantage on this market, they have no choice but to join, adopt and invest as well. That's where it is going and it's just getting started. |
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i have heard a lot about the use of fuel to mine BTC and its consequences on the environment a lot of places they don't support BTC mining, and mostly for BTC mining miners made the atmosphere where mining points should be bad.
Where have you heard that some farms have been using fuel to mine bitcoin? majority of them uses electricity to mine bitcoin. But if there are some places, probably a few or should be a rare case that they use fuel to generate electricity. That place must have a cheap fuel then. If that's the case that's not friendly for the sake of Elon, he should also address those that have been using renewable energy ever since. |
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Good traders are only giving some advises but it's not applicable to anyone that hears them. Some might get a good result after hearing them out but it's not that for everyone.
That's why some real good traders are selling themselves some courses but it's about you if you're going to buy that one. I have never bought any of those trading courses because there are a lot of free materials online. And I agree that success isn't going to happen overnight, there's a lot of time and effort being exerted to be one of them.
actually it is clear that what makes a successful trader is trading psychology. but sometimes many traders put forward technical analysis for the basis of trading. here we just need self-development by learning and enjoying the process. We know that even though the technique used is the same, every trader will have different results, that's where the psychological role of each person is different It is common to see technical analysis being applied in trading by most of the traders and it won't be gone. I agree that it's a continuous learning process and if you've learned another strategy, you have to test it out and see how the process will end. If the outcome is positive then that's a good test that you shall add to your most commonly used strategy and you're now far from failing. But don't think of it that you can avoid loss, there will still be but minimal. |
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Looking at crypto uncertainty I would like to give a advice for beginner trader that put the money that you can afford to loose.
Newbies that saw others profit will also make them feel that they can do that and will only have the logical thinking that, the higher the capital, the higher the profit. That's what they'll set on their minds but surely is a wrong thought because it still depends on how they're going to trade. And as an addition to the newbies, always do a practice to gain almost everything you need. |
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There's no need to think of those matters.
Bitcoin is already quite established and there's no need to worry about those super powers and countries that are too big for it. Just as the usual thing when there's an opponent and they cannot beat it.
Soon, they'll join.
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It's easy to see the investment that you've got to drop if it came from bounties or airdrops.
You only used your spare time but zero amount of money to start with. That's the feeling when you've taken it easily from those but in serious note, if you've invested with bitcoin and it drops.
You might feel emotional and might do a quick panic sell.
yeah totally..I feel sad too if my airdrop goes to -80% lol It's more exhausting to trade/invest on our own money, tried a few times, can't stomach it better than money from the airdrop. So I just stick with what I do best, doing bounty and airdrop. Casually throw some of my own money too, but rarely. The difference of trading coming from your money is that you need to be sure with your every trade and you'll have to think that there's no space for making a mistake. If you do, then you lose your money. But using your rewards from bounty, whether you lose or not, you won't feel bad because you've taken zero money off your pocket. |
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Personally, I will say yes, it's something you buy and forget.
For the past 3-4 years, my source of crypto investment mainly from bounties/airdrop. So the R/R so good, because I only lost my spare time doing this rather than my actual money (if someday my coin holding go to zero, I have less regrets rather than using my own money mind you).
It's easy to see the investment that you've got to drop if it came from bounties or airdrops. You only used your spare time but zero amount of money to start with. That's the feeling when you've taken it easily from those but in serious note, if you've invested with bitcoin and it drops. You might feel emotional and might do a quick panic sell. |
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Every trading strategy has its potential to grow and if you think that this suits your way, you're likely to get a success from it. What you have to do is get to know what you're doing.
And if you're already good with btc/stable coins pairs and if you're focusing on it for the meantime. That's fine, as long as you're executing your trades properly, that's all that matters.
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Give us source so we can believe if this is an actual fact. We're all speculating that governments want to buy bitcoin at a very cheap rate. But we cannot show proof that they really are.
What if the government you're talking about is against bitcoin and they've banned it? you didn't even specify which government you're describing.
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In fact, I do not believe in any kind of post through Facebook or social media for trading. A good trader will not give good advice for free as it may cost money but you should be a successful trader with your own research. Another tool of a business is loss because you can get success from loss so you should have found out somewhere before that you had made a mistake which caused you to have to calculate the loss from your trading.
Not everyone requires money, however, if you really want to become a good trader, you need to learn it on your own. Consider the information you know shared with you is just basic information, and you'll only find the real answer if you will dig deeper, and of course, experience is very important. Success in crypto is not learned overnight, it's a long journey and you'll be able to make or commit mistakes along the way, but it's vital for your success. Good traders are only giving some advises but it's not applicable to anyone that hears them. Some might get a good result after hearing them out but it's not that for everyone. That's why some real good traders are selling themselves some courses but it's about you if you're going to buy that one. I have never bought any of those trading courses because there are a lot of free materials online. And I agree that success isn't going to happen overnight, there's a lot of time and effort being exerted to be one of them. |
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That comparison is like 2021 is the 2016 and then 2022 is 2017.
Every such analysis and prediction as long as there's an interesting and valid points, it is such a good thing to read. Who else doesn't want to see bitcoin reaches $350k? well, the majority of us would love to see that.
We will only going to see how things happen when we're close to the end of this year and next year.
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We can potentially lose our money if we don't know what we trade and why we're trading. The risk will be with any of the chosen field we do, trading or investing/hodling.
Whether you've got a huge capital as you trade or invest, it can potentially go to zero if you're reckless and just trades with your emotion.
Yeah, because nothing comes with zero risks. We are always talking about bitcoin is risk-less in long run holding still it is coming up with at least 0.001% of risk as anything may happen in future which may not be predictable with a human brain. So, not risking with all our money may help in the end which must be treated as the highest prioritized principle in risk management of crypto trading. Risk management got its impact in finalizing our outcome of trading in direct proportional way so giving it importance by following it while trading will lead to sustaining good results in crypto trading. People don't understand that fact about bitcoin. They see the current drop of it but they never look at the long term power that it's going to have. Well even in today, bitcoin is already showing what it can manage and maintain its pricing from the moment that it had dropped from the ATH. |
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We don't necessarily need regulators to actively embrace BTC for it to succeed - as long as reasonable regulations are made and no draconian restrictions are imposed, Bitcoin will find a way to thrive.
Yeah that's what bitcoin really needs. Whilst most are hoping about passing law of making bitcoin as a legal tender, it does only need recognition and being allowed to be used the way it's meant to be. |
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CMIIW.
But it's also Binance's fault that they're not complying to what's being asked to them by the government of the countries where they've been operating.
I think that's a warning not just for them but also for the other exchanges that might do the same ignoring the government's compliance towards their operation.
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Another downside of family life when you trade. It seems to everyone that you seem to be sitting, clicking, laughing, like doing nothing and money coming out of nowhere. And when the exchange rate fell and you realize that we are in the red by hundreds of bucks, so it seems everyone is already worried, because you have such an important matter
It's because you're the one who's needed to make money. There are traders that are not the sole bread winner of their family and they're good already in trading. If one has started while he's still young and became a trader, he'll bring it until he gets old and for sure he'll get an early retirement. That's how trading goes for a family person. |
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every business have their own risk, even if we trade in real life we will see risk that may suffer us later. And its happen in finance market which is have bigger risk in my opinion. There are huge risk with huge gain and every investors that will join in this market must understand about it. Our money could be zero if we didnt use risk management in finance market, price could goes down anytime and all price almost be zero. Stop loss or other MM will help us secure our money when it happen.
The risk remains. We can potentially lose our money if we don't know what we trade and why we're trading. The risk will be with any of the chosen field we do, trading or investing/hodling. Whether you've got a huge capital as you trade or invest, it can potentially go to zero if you're reckless and just trades with your emotion. |
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There were for sure a lot of those folks that held hundreds to thousands of bitcoins and then sold it when it was $1-$10 or $100 or so.
And that made them done the wrong decision and I agree to you that even you're holding a few decimals but when the right time comes and, the price of bitcoin by that time is higher than what we've seen.
You still made the choice of buying today. We cannot go back to the past and that's why we have to move on and take decisions such as buying today.
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Did somebody already used his re-broadcast feature and did really worked?
Just did and it keeps giving the following message ["Transaction has already been confirmed"], even though it hasn't received any confirmations yet [it doesn't work properly]... - I tested two newly published transactions and they both led to the exact message.Thanks mate, I thought that I've got another place to go if the viabtc is full. aside from the known viabtc as the accelerator, I also rebroadcast the tx if the fee's very low through blockchain.com's pushtx and viabtc's is currently full.
There's no point in doing the part I've highlighted: I'll try to explain this without using technical terms:
Rebroadcasting services are more like a reminder but accelerating services, on the other hand, are more like the bouncer/bodyguard friend that you have at a certain club that helps you skip the line but that doesn't mean someone is going to buy you a drink as soon as you step in the club [you still have to wait for someone to do that for you, assuming you're a lady in this example].
Well, thanks for that explanation. I've done that before and thought that it did helped me but I've noticed the long wait for those transactions that I've rebroadcasted and believed that it worked. |
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People who want to take less risk usually prefer stocks they have very little idea about the market if you research the market properly it will be easier to know about crypto and you will understand that crypto is very profitable there are also many traders who think that stocks are more profitable than crypto. Even if the market goes down they choose stocks because it has no effect on their currency despite the negative impact on bitcoin the market went up again.
I've noticed several times that stocks and crypto became correlated or got the same pattern during bearish days. When crypto went to bearish, the market did the same too for stocks. I agree that for some reasons it's all about being less volatile in stocks and that's why there are traders who are watching that market closely. And they also invest in stocks that are not highly volatile. |
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