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2961  Other / Beginners & Help / Re: Crypto becoming less and less anonymous on: August 30, 2021, 09:35:47 PM
It’s for the better as many scammers now uses it for their own goods and finding ways to scam people. The more adoption happens, the more the security should be tighten. As long as we know what website and project we are doing KYC with then it’s fine. At this time we must know how to choose the project and know whether we’re doing the right process. This is the cons of the price increases and we need to embrace the consequences if we want not to be a victim of scammers. We just need to be careful.
2962  Economy / Trading Discussion / Re: Trading Strategies changes with time on: August 30, 2021, 08:33:35 PM
Indeed, even master dealers have additionally experienced misfortunes even how great they are in specialized or even principal investigation. Exchanging is a rivalry among you and different dealers, actually like an Olympic race. Assuming you need to exchange regular and get by out of it, you'll need to never quit learning and should continue to add new abilities to your meditations stockpile.
Experience added expertise, as long as were learning and we apply it we will discover what strategy benefit us the most. While we keep trying to learn we will know how good we are in trading. We will able to identify whether that strategy suits us or not. We must accept the fact that we need experience in order to grow in these business.
2963  Alternate cryptocurrencies / Altcoin Discussion / Re: top holders on: August 30, 2021, 04:15:12 PM
When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?
Isn't it very worrying if the highest holder owns more than 50% of the tokens, then what if the holder releases all his assets, of course the price can drop because the highest holder leaves the project so that it can make other investors hesitate to think about holding the tokens longer because the risk given is quite high if we go into token project like that.
If we believe in the coin we holding as well we understand their plans as well risk then it will be easier to hold them despite the price drops due to other investors. Though it will be much better if we know if there are holders like in stock market to know whether we need to add more  cash out some if there are news or happening about that coin.
2964  Economy / Economics / Re: The reason to hodl bitcoin on: August 26, 2021, 05:31:59 PM
Every open-minded people holds Bitcoin now. Every day new establishments are embracing cryptocurrency and added as the payment option in their store. Another thing, Bitcoin is like a virtual asset that grows faster than gold. I think there is no reason for not hodl bitcoin.
Those who doubt bitcoin before possibly have their bitcoin now. The price and how adoption happens to prove BTC I have seen the huge pump of crypto from how much it is when I started to use it. It really comes along way now that gives comfortability to others as were anle to get profit by juat waiting or hold. Im still mad for the fact I sell some of my BTC beforre but glad I was able to trade using the profit from it. Indeed in crypto as well BTC much adoption happens and soon more institutions can make the price higher along with new projects that are too popular now.
2965  Bitcoin / Bitcoin Discussion / Re: HODL...until when? on: August 26, 2021, 04:19:18 PM
A few years or more. It's money that I'm willing to lose anyway. I’m personally holding until bitcoin hit 100k and then reinvesting into ethereum or any other crypto with low marketcap. Bitcoin seems to be losing its grip and will eventually become inferior me thinks.
It was my plan too when I started to hold BTC 2017 but when the dump in 2018 happens and Im in need of money by that time I learn to just trade it and reinvest whenever possible. It's good if we were able to hold BTC longer without panicking whenever the price drops. We will see BTC reach more high as adoption and institutions adopts it. Salute to those who are able to hold longer and following their ppan all throughout.
2966  Economy / Speculation / Re: Will the price last until the end of the year? on: August 26, 2021, 03:34:52 PM
The Bitcoin price has successfully returned to the current $50k. This is a psychological level, combined with the scenario towards $60k. I think the bitcoin price has the potential to continue its price hike towards $60k. Of course, before entering the target, minor corrections are still ahead.
Some believe that price during Ber months increases especially by December but it will still depend on our coins we have and how the economic status of each country is. However, we already see in the past that prices can reach high within a month and somehow can go down too so we cant determine how much it can achieve in this year. I just buy every time I have money to invest as well sells when the opportunity of profit happens to buy more crypto as an investment. We should not put too much pressure on whether the price will reach such an amount or not as long as we can gain profit by trading.
2967  Economy / Trading Discussion / Re: Things to know before trading. on: August 26, 2021, 12:46:57 PM
I think that the problem with new traders is that try so hard to deviate from the simple ways and try to trade some low dead currencies where they should be putting their money and their time into well known and profitable ones, and this comes from the lack of information and lack of judgment and this because they are impatient and just want to get into the action where they should be taking more time into researching the right things.
It's taking advantage of the coins that are popular now, at first it is hard to just go on and left some coins we invested with for long but we mist accept the fact that their era is long gone and tgere new set of coins that can help us recover losses from those overdue if we will able to buy them before the hit start or ends. Those who discover new coins that have potential and is booming now like those in NFT is a good deal to start recovering from ICO old coins that don't  have values anymore. Being able to adjust in trading helps alot.
2968  Economy / Trading Discussion / Re: How many consecutive looses can you handle in trading? on: August 26, 2021, 11:37:35 AM
When I lose my money in the same strategy from 2 to 3 time then i start to thinking about my new trading strategy and want to change it as soon as possible for begin trading. Because trading can be beneficial in all aspects if someone knows how to trade in a way that there will be more loss.
When we keep losing we mist find a better strategy to win. When 2 consecutive days that I lose and seems the market isnt that amd I was confident that I trade well but produce bad results, I find new ways amor new coin to sell. It will depend on what coin we have and how knowledgeable we are in trading to fully earn from it.
2969  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what's with "axie infinity"? on: August 25, 2021, 08:39:15 PM

It is one of the most popular games at the moment but it can quickly change. Look at Alienworlds and their coin a couple of months ago. Everybody was hyping that and the price skyrocketed but quickly fell back. I think the same will happen with Axie Infinity.
There is something to develop again soon that will make it less popular. In crypto if uou get in first before the hype you win or lucky since nothing is permanent and only those projects that have potential can make it through a long way. But to be honest games is too popular at any age so it will be a long journey for axie and alike projects it will just be different on how they can handle the pressure of making it more interesting especially when there are more  projects that will keep coming.
2970  Economy / Economics / Re: Only young and naive guy believe in high risk high return on: August 25, 2021, 08:15:31 PM
All investment involves some level of risk no doubt but there some certain risk that don't need taking just because investment involves risk, for example, crypto investment involves risk but it varies from project to project, investing in already established project like btc, eth, bnb are lest risker than in new project, the risk is high so is the reward if you are lucky.
Everything in crypto is a risk as we can't guarantee the price of it and being no ability to control its value. But we can say its still a good decision to have and try it as we can make our money grow more if were able to invest in a good project or if we got in the right time were the prices keeps pumping.
2971  Alternate cryptocurrencies / Altcoin Discussion / Re: will there be a miracle of bitcoin to shift conventional currencies on: August 25, 2021, 11:59:26 AM
Every country hve their own currency now, besides bitcoin is widely use that will not determine as one country currency. Every currency of each country represents meaning as well managed by government which will not happen in crypto having decemtralized system. It is still far in being use by any country as a replacement for their current currencies.
2972  Bitcoin / Bitcoin Discussion / Re: Sold my first Bitcoin and am happy on: August 25, 2021, 08:46:11 AM
That's exciting, collecting the fruit of your investments. It's probably felt good not worrying about keeping funds for 3-year long. In other cases, selling bitcoin could provide relief as it releases the anxiety from the unknown price movement. Not everyone can afford to hold and buy coins without feeling doubtful about what might happen in the future.

If I hold bitcoin for 3 years then I will sell at least 40%, it's fun if we hold 3 years and we get big profit, if he buys bitcoin at a price of $8000 then he has earned 600% profit, this is a big profit so it will not be obtained if we invest elsewhere.
There's a profit in bitcoin especially if were able to buy earlier. But now it still possible to do sonce bitcoin adoption now os way too fast and if were good in trading there will be no problem doing it. It will be a good chance to sell knowing we waited or we work hard for it and it makes a huge profit after all the waiting and work we been through. Ondeed bitcoin is a good investment.
2973  Economy / Economics / Re: Is there a possibility of a Country to ban access to Crypto games? on: August 24, 2021, 10:07:18 PM
Are you talking about Axie Infinity? I think that a decentralized platform can't be taxed or banned by the government and it's going to be difficult for them to ban the game because people will find a way to bypass the ban and go on like it's not banned.
Our government now is planning to tax crypto investors and players, I think they can track it like how they track youtube vloggers to pay their taxes. They can’t tax the small earners but those who might ise the bank or if they have contact with the company they can probably. Im not sure yet how they will do it since its crypto and there many ways to cashout it bit soon they will sure yo figure it out especially now they see the interest of people in it
2974  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now a GOOD or BAD time to invest? on: August 24, 2021, 08:43:53 PM
If we shall keep looking for the best time to enter the market will shall keep missing all these bull runs that have happened over the years. If bitcoin is believed to hit highs such as $100k or a million dollars and we have just moved a twentieth of this journey to a million..it goes to show we can still enter this market even as you read this...just treaty your investment as one you can afford to lose because markets don't move in one direction,  sometimes you will see bearish markets for a long time which is a time people fail to hold on to what they have, when this time comes hold and be strong,good luck.


There is always an opportunity to buy if we keep waiting we will never know when we can buy. What we need is to create a plan of what to do once we decide to buy such coin if it has potential and when can we can get a profit if we buy a certain amount in such time. Buying anytime is well provided we knew how to trade and we have time to monitors it.
2975  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto hype over? on: August 24, 2021, 07:52:49 PM
Many parametres are important when try to answer to this question. It is like up-down trend so it backs in circles. Not see it will be no interesting in next years too.
Crypto is the future and it gets adopted too fast nowadays. It tends to be more popular than ever. The priceia way too differentfeom where it is before as well on how the price achieved its amount during pandemic. If there qill be no invention that can replace crypto then it will continue to be adopted by many as time goes.
2976  Economy / Trading Discussion / Re: How weird is it to borrow money and invest into Bitcoin? on: August 24, 2021, 01:46:18 PM
It's not weird, long as you make a profit or your borrowed money doesn't incur large interest then you're good to go. Remember that investment companies do this all the time and compared to you, they borrow much bigger amount of money than you so go on and borrow that money hopefully you can make a profit.
Don't money borrow from anyone, better work to have money to invest into it. It’s too difficult to read the charts and were out of control of what the market will be so we may not be able to pay the borrowed money at the time we need it so better, find extra job and earn then invest than to borrow for peace of mind.
2977  Bitcoin / Bitcoin Discussion / Re: If bitcoin go high the poor will not participate on: August 24, 2021, 11:05:35 AM
The bitcoin price is way too high but it doesn't mean we need to buy 1 whole bitcoin. We can buy just a portion of it and still be able to get a profit. It will all depend on how good we are in trading and investing. Investing in the amount we can only a lot help us to have bitcoin and maybe will let us have more bitcoin if we know how to trade or probably when the price is high.
2978  Economy / Trading Discussion / Re: Are there any relationship between Gold and Bitcoin ? on: August 24, 2021, 08:29:09 AM
I read most of your ideas and I respect each. Most are saying there is no relationship but still I m sitting on the same idea by looking at the recent crash of Gold and the sudden rise up of BTC.. Shocked
Maybe it justin as some investors shift their investments from gold to crypto, I have some friends who stop stocks and shift in crypto maybe same with stock crash happens in gold, it will depend in the status of our investment or how we see the potential rise of bitcoin now than in gold.
2979  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't we have too many smart contract platforms already? on: August 23, 2021, 10:47:45 PM
One can argue that there are already too many smart contract blockchains out there and we need more platforms that will work directly for the users but we must remember that these smart contract platforms aren't the complete package yet and a lot still has to be improved on, Binance smart chain as set the new benchmark for smart contract platforms
Different projects require different ideas on how to set their project thru smart contracts. There is continuous development on how they can implement it as well as what they needed to do that will suit in their projects goal. It's up to us whether we will use the one we tested before or we will try new that might offer something not yet available in others. All will depend on our needs and experience in using such contracts.
2980  Economy / Gambling discussion / Re: {Boxing} Manny Pacquiao vs Yordenis Ugas on: August 23, 2021, 09:44:25 PM
He’s still a good boxer and brings out a good fight despite of that age, though he may not be the same as before but looking at his strong punches to Ugas, we can say that he trained a lot and he is still strong he can still fight if he wants to. Very unfortunate to experience a leg cramps during the fight, still a good one though.
He already prove that His still a good fighter, maybe its just his age that’s why he needs to quit boxing. At his age he already prove how good he is in boxing and how he can make his country proud with or without winning. Hus fans already asking him to stop for him to enjoy his life. He’d been through so much that he deserves to rest and enjoy the fruit of his labor from his entire boxing career. No one will doubt how good atill he is in boxing and how well the fight still went even in age difference.
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