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1. what are the major crypto risks that one should know and avoid by all means.
-Shill/Fomo and Fud
-Scams
-Dont believe on easy profits or money making
-Volatility
2. How do we tackle these risks or are there way to tackle the risk?
-Gain knowledge through experience
-Good risk management
-Be sensible towards your actions.
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The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.
Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
Hard to say for those coins who are sitting below ETH as of this moment.If we do try to compare on which one does have a bigger scope in several industries then we can really say that ETH does have even more. Imagine on how many coins or projects been using smart contracts plus those defi's trends then you can tell on how big it is and its really obvious or can really be seen on very own eyes on how far it did stretch out.Im not saying that ADA isnt capable of but beating up ETH is still questionable and might wont really be happening same talks or goes for those coins who are trying out to climb up on the ranks or recognition. |
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Fun fact : majority of Roobet's player dont come from this forum so as I have said. Feel free to comply or find another site instead of debating this pointless stuff all over again
Pointless stuff? Seriously? Hilarious. Everyone are free to express their opinions here which is why you clearly don't have the right to decide what is pointless and what is not. It is pretty evident that fans of Roobet like you and some others have no issues with the KYC requirements, but the truth is that there will always be people who have issues with these requirements due to the crypto anonymity factor. We’re talking about KYC here since its fully implemented, yet we didn’t hear a thing from OP and this issue is a big thing for those gambler who are using Roobet since then and didn’t want to provide any KYC at all, that’s why you can hear them raising their voice here and that’s normal because of that big change. Yes, we have choices here and gamblers have to make their decision for the benefit of his own security. Would really be the main issue but this isnt something just like that its the end of the world since we can still bare with it if you do really concern on pulling out your funds in the site. We can have our own choice neither we do stay or would transfer into another site which doesnt have KYC.Its expected that there would be some drastic changes into these platforms knowing that they are regulated by the government and specially this one involves multi-million in inbound and outbound transactions then this isnt something that government cant just ignore and they are just following on whats been asked even though this would really be making some impact into their business. |
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I am not at all convinced by these electric vehicles: first of all, they still rely mostly on fossil fuels to run (sorry, the truth); secondly, their batteries are going to be another environmental bomb in the future (not considering the car itself is an actual bomb if something goes wrong!); third and last, at least here in Italy, charging station are not common, and if you live in rural areas and you make long trips, you are done.
This is on point where most of things do still prefer on petrol running vehicles when it comes to power and reliability.Yes, it might be that capable but there are other side or key areas on which an electric vehicle cant able to do so, therefore, people do still stick out into traditional things but im not saying that Tesla is shit but there nothing can beat out the traditional automakers out there even though they are considering on build some EV's but it wont really become a trend.Last, just let Tesla do their own thing and even this one is unprofitable then they are the ones who would make out some losses not us.If you do opt to own one then its up to your choice but if not then just better ignore and skip on it.This isnt really needing to elaborate which is profitable and which isnt. |
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I have seen so many new DeFi projects that paid 100k+ dollars just on marketing and probably spend under 10k on development. Why? Because all these newbies are interested in buying something just for marketing, and if you do marketing very well, you do not have to do anything else, you can be copy of something else with different design and as long as you can market it you will profit.
Yes you are right for example, look at safemoon, most people have no clue what it is, most people didn't even read any docs or whitepaper, they are purely believing on the marketing wave and they only care to make a profit, buy now, sell when its higher and that’s it and safemoon is riding that. So, it is not really that ideal situation for now, we need to get back on fundamentals otherwise market may trick us at any time for unknown reasons for sure. But what I can see is that most of the new investors had given no interest to know more about the project. They are just riding on the market flow, buy now and sell later. And they will leave soon when the Bullrun will end and these types of people had no plan to commit long-term investment but just a short-term deal. So, we can't expect them to take care of the crypto world but they could be the reason for the market failure. Even myself doesnt already hold up something in my portfolio which i do only plan or tend to hold for long term.I do much prefer on seeing profits in a short span of time. Frustration is part on this market because we cant just expect that we would really be making profits in constant basis which these kind of reactions is a bit common. Thing here is that you do know how to accept losses and learn from it so that in next time you would really know on what you should do even not in precise manner but at least you would really be doing well compared into your yesterdays trading. |
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The worst thing that can happen to a human being is getting addicted to gambling. Gambling can frustrate grown-up human being life talk more like an underage kid. I wouldn't bear it seeing an underage playing gambling around me cos I know how terrible the effect might be in his or her life when he comes in age.
The best time to get involved in gambling is when you already have something doing than you don't have at all and you found yourself, gambling with fire
Getting involved with gambling doesnt basically mean that you would really be automatically get addicted to it but with minor age or doesnt really know on how this world works then for sure you would really be finding these things to be a bit interested and doesnt mind off that much about the risk and when they are already getting some awareness and already make gambling as a habit then most likely they would really be considered out to be addicted ones and thats not really a good thing to look on. This is why its better to avoid while its still early and dealing with gambling is someone who had been aware on how things works and what are the effect when you do hooked up. |
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Against the background of the third wave of the COVID-19 pandemic in India, such a decision would be completely untimely. People have already lost their income due to the closure of businesses and due to the inability to work. While working with cryptocurrency and trading online could help a large number of Indians get income in this difficult time for the country. I hope that the decision, even if it is made, will not be taken in such a difficult period.
Untimely? Yes it is but government wont really be realizing once decision had been made then they would really push through it and also not majority of india citizens are much aware with crypto for us to say that they would really be needing some source of income and that wont really be able to compensate but well it is better to have than nothing at all.For now the current situation they are in when it comes to pandemic then they are really on a very hard situation but proposing that crypto ban, i doubt that it wont really be changed. |
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too risky. There are many things to consider such as transaction fees, impairment, and security. APY can shrink at any time. talk about cryptocurrency: Blockchain is not going to lie but many of the Developer Team are actually scamming and taking away assets from customers.
Those are just minimal consideration, what you do mind off here is that you should balance the risk and reward ratio and if you do able to repay those loan on a specific due. Its not really bad to take a loan if you do just know your responsibility.Some people or lets say that majority isnt really that something to be that interested on borrowing for the sake of investment but there are people whom do risk on. If you do look that you can pay it up without any problems then go ahead and take a loan as long you do know on how to repay them on time. |
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Louder. Governments seem to refuse to acknowledge that banning something does not mean that it wouldn't happen. Being in control is a lot better than just removing it from your life. Sure, if it was just a small scale ones like related to our personal lives (addiction to something), it's okay, but as large scale country wise? It's impossible. Honestly, at this point, the only reason I'd actually accept for countries to refuse to gamble is that they're religious-based. It's probably the only reason that doesn't make sense, but since it's religion, it does (no offense to religions btw)
That is the likely case that should happen but culture, religion and traditions gets in the way of progress. I believe that if we slowly move away from those things, we can further prosper but we also at the same time preserve it. Also, the government sometimes has benefits from making those bans instead of regulations, they might've been lobbied by companies that will benefit from the bans. Benefit or not then it wouldnt matter because we dont know on whats behind of those decisions that had been set out neither they are benefiting or not and theres nothing we can do about it. When it comes to regulations then this would really be varying from each government neither they would really be following religion or something that do involves culture or some sort of things. When they do make their decisions then that would really be accompanied by something or where they do get some basis on but to think that there would be more benefits rather than on negatives then they might really be changing it later on but its really hard to tell on when those things to happen. |
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China probably is one of the big countries with many influences to the world. But, taking over the world with their digital currency. I don't think it can be. For, this is the world and many people are here involved. Moreover, the US will not probably allow it and there will be economic or financial wars between the two and also other developed countries around the world. And we as common person just watch and see what will happen.
Can we really think that other big and powerful countries would let themselves be controlled by China? No, it wont happen even on my dreams.They can create on what they want but it wont really be enough on control the world and we have seen on how other countries do react into certain things and in spite of involving into other works they would rather create on their own and tending not to be controlled by any countries outthere.So the obvious answer for this question is definitely No. Digital fiat couldnt control everything, they can create but it would really be just good locally. |
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Bitcoin is gradually losing market value. At the start of this year, Bitcoin commanded about 70% of the total cryptocurrency market but with the continued surge of ethereum that has dropped to about 47%.
Earlier this week ethereum got to its all-time high after reaching 3,000 and it quickly got to 3200 yesterday which amount to 15% of the crypto market. Ethereum is giving bitcoin a hard chase as it is gradually dropping the market value of BTC. This is expected to continue as many investors are flooding to ethereum.
In due time ethereum will be nearing forward on Bitcoin's price, but how could this be done if erc20 gas fee remains too expensive. Most tokens relied from it was really struggling to transact because of that reason. Hopefully there's some changes that maybe able to correct this certain concerns. Investors now is saving ethereum for future massive rise which possible to happen unexpectedly. Checking out https://etherscan.io/gastracker then its averaging between $3 which is better compared into previous weeks or before that Berlin update but honestly its still high compared into those days where it only takes a cent on pushing erc20 transactions but now everything has changed and i dont believe that it would really be going after on bitcoin. Yes, when it comes to dominance but not really that high or can level up on a short time period but at least it did really make out some significant percentage which other altcoins cant do such thing which is actually impressive. For those who had been holding and supporting ETH since from the beginning upto now did really pay off well. |
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What do you think about this fight? I'm sure this is a great fight, who do you think will win? will Casimero continue his popularity after this fight?
When it comes to experience and punching power then i would definitely go for Casimero but doesnt mean that Cuban fighter wont really be giving some fight. They are similar in height but different in reach on where Rigondeaux does have longer reach which mean Casimero should really be careful and much better if he would really be focusing on in-fight rather than on technicalities on being far yet he would really be on disadvantage. Lastly, i thought that Casimero vs Inoue would push through but it seems both fighters does have their own fights with other boxers but lets see if after these fights they would be both comes next. |
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It is true that investing in bitcoin is like planting trees and after planting trees, of course it will grow slowly and we will protect it until the harvest arrives, so I think this is exactly the same as bitcoin because now if we pay attention to the price of bitcoin continues to grow every year and many people benefit.
And after some years this tree will keep producing fruits from times to times and all you have to do is to collect these fruits. The more trees you plant today, the more fruits you are going to harvest later. However, most people don't plant this kind of tree, because it's an unknown species for them yet. At same time, that is what makes the opportunity so valuable for those who venture into planting the bitcoin seed right now. But dont always forget about the probabilities that planting it wouldnt really result into some losses but since we are talking about future years on here then its indeed safe to presume that we can really benefit out on what we had planted even though it might not really be that fast or might took long years but it is much better rather than doing nothing at all when it comes to probabilities then it isnt really that impossible for someone not to take profits.I do love the idea that buying bitcoin is like planting trees because this isnt something that you can compared into other assets with other markets when it comes to price increase chance then we can really see its future in just basing on the current support it does have. |
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That image is just.. something else. Pretty sure most of us here will heed the call of nature when we can no longer hold it, even if we are in a winning position and stopping would just ruin the mood and the tempo. I'd rather lose some money in a gambling session rather than lose face and dignity because I shat my pants out of pressure. Well for this guy, what's dignity when compared to money, right? But yeah, I don't think this scenario happens very often. It's just to extreme that I don't think a lot of people will actually (unintentionally) do.
Maybe he's addicted in gambling or badly need the money or idk. Like you I rather lose some money rather than lose my dignity. I witnessed personally an incident like this. One night in our province I've watch people playing cards and there is one girl who peed on her shorts while playing. People talk about it the next day and have fun of her. But I also heard some telling it will be bad luck to her if she leave her position that's why she intentionally peed on her short. Those kind of beliefs do really make them look like a fool and yes you would surely lose up your dignity once you do commit out these kind of actions.No doubt that this guy is really addicted to gambling since his out of his mind on doing such actions.Who would thought that he would shit on that particular place? I didnt expect on what he did into that video and got surprised that there are people who can really dare to shit out on a corner and continue to play as if there's nothing happened.Level of addiction of this guy is into that severe manner here they cant already tell on things that they should do or not. |
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We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .
Not really that bad to make out some comparison between the past present and the future but it doesnt mean that it would be precisely happen in the future because if we do consider the level of adoption and recognition from the past and upto this moment then we can really tell the difference which it would really be an important factor that the thing happened in the past will happen on the current year and future to come but one things for sure that Halving events does have significant effect on the entire market even though not as general compared to full adoption talks but it is relevant. |
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Started by some newbie complaints above and then what comes next is an another couple of newbie accounts telling that they are investors wayback.
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As the word says "buy low and sell high" sounds too easy but the reality of it is that it is very hard to be executed for the fact that knowing when to buy and sell is a challenge already that even long time traders are still having a hard time to put into proper timing. Strategies on trading are easy to be stated but hard to put into action for we are working in a highly volatile market on which time is also an incredible foe to be stated since within a time frame many things can happen. It is up to you on how you will strategize your trading. Just be sure to be familiar on the market you wanted to get into before doing engagement to somehow manage the risk associated with it.
And this is where most noobs do believe that it was just easy until the real experience and interaction on the said situation will really be opening their eyes that dealing with moving price isnt really simply on the actual situation where emotions and decision making would really mixed up because you dont know on what would happen next.Some said about simply techniques but applying it on the actual thing will really be much off difference when you are already making the trades.This might be the basic but even doing as simple as this would be the toughest game of all. Therefore, you should do your assignment on researching up things like using technicals and stuffs or any that would be relevant on what you are doing. |
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There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
Who said that people wouldnt care about taking profits? Im bit sure that 95% came into this market is for the benefit out of making profits or seeing this place as a source of potential profit if they tend to invest on it and the 5% rest are the ones who do really mind off about total support in spite on what numbers its been showing.These percentage are basing up on my own view and presumption.Who knows if it could be more or less. No one said that those who had entered on cheaper prices doesnt really need any profits, even if you are already a millionaire then its up normal that you would still find ways to make yourself even more richer compared into yesterdays. People or investor wont really be coming into a point on where they are already contented. |
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Chances are low to give up on gambling and beat the addiction if the gambler has no such intention, sometimes the urge to deposit more for making revenge bets overweight all alternative feelings and it happens as it supposed to be. Gambling as the main source of income is the worst choice ever, it should be limited to the passive income category that sounds safer. How long you will be willing to risk your bank balance and do these revenge betting  . I used to do that when the price of bitcoin was well below $400 and i would deposit huge amounts to get back the money i lost earlier and i end up loosing again and then you make your decision to stop burning away your coins but with the price so high i will never dare to do anything remotely to regain my lost bets and betting cannot be considered as any form of income as it should be purely for entertainment purpose. Majority of people would only realize this kind of mistake when they are already on the brink of financial loss or being wreck totally but before that you would really be that eager on trying to recover all the losses that you had committed which is really a very wrong mindset to have because you wouldnt know on what comes next specially in gambling. Odds is always be against you in the long run and also revenge betting or trying to recover on what you had lost is never been a good idea because it will really just make the situation even more worst.So better be aware in towards your action because you would surely be get more stressed if you do let yourself go on what you had in mind. |
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I see big campaign that Elon musk and Tsla give us double bitcoin on any amount we sent.
I sent elon 0.3 btc but I didn't get yet the 0.6 btc from Tsla.
How long it takes to receive it?
Dont expect because those coins are lost forever.Dont easily get fooled about easy money quick schemes because its is 101% scam.Even those tweets came from known person or company but doesnt mean that those are legits.Come to think that accounts could really be hacked which hackers do really target out those popular profiles because they do know that they can fool up people when the time they make use of it on illegal way or in means of easy money making baits which is mostly victimized out those newbies around. So take this as a lesson learn because there's no such thing about easy money without doing anything. |
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