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2981  Economy / Trading Discussion / Re: Detailed explanation of bitcoin leverage transaction on: May 08, 2021, 03:41:53 AM
You misunderstood it.

Sell is not Short
Buy is not Long.

Buy and Sell is when you actually own coins in your accounts. Long or short are different when you have yet own those coins or not full amount of coins in your Long or short positions.

Long Position vs. Short Position: What's the Difference?
What Is Margin Trading?
2982  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 【ANN】 ✅ LETHEAN ✅ - Secure, Anon & Fast P2P-VPN-Network backed by the Blockchain on: May 08, 2021, 03:06:48 AM
Is Lethean abandoned? I had some business a few years ago with that coin and made a profit. I have been waiting for development and acceptance by people, but it seems that this hasn't happened. Did the dev abandon that coin? Only two exchange shows lack of interest. It's rare to find the CryptoNote project today.
Developers are back with some updates
Updated Lethean Roadmap Published
Community Ownership and Dev Updates

I don't shill the project or believe in developments from the inactive team but the market reacts differently. Price climbs too much since January 2021. If you want to gamble, go ahead but don't use all money you have to buy Lethean.
2983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 07, 2021, 03:18:31 PM
BGL is already listed on cexz.ca check the first post
So sorry for this bad mistake and I thank you for this correction. I did not check OP for available exchanges.

I did it with coinmarketcap and coingecko.
- coinmarketcap (Hotbit, Digifinex and Crex24)
- Coingecko (does not list Hotbit now)
2984  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥🔥 [ANN][STBU] Stobox: All-in-one Security Token Platform ✅✅ on: May 07, 2021, 09:22:02 AM
Stobox will be launched on Binance Smart Chain!
74% of our community voted for setting up STBU on BSC, therefore we are starting the development process.



https://stobox-platform.medium.com/stobox-will-be-launched-on-binance-smart-chain-d7d2552c7b5f
Appearance on Binance Smart Chain is a good news but what happened with Stobox on market?

It is dumped too deeply past days and today it has a 30% dump. You can buy it on Gate.io exchange. I don't know why the price is dumping but from peak about $0.4, today price is good enough to accumulate Stobox.

Not financial advice, but still accumulation is good option.
2985  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Path to altseason. on: May 07, 2021, 09:16:16 AM
I've seen that maybe two months ago during phase 1 overlap. Secrets himself/herself said that we are on phase 2-3 overlap with phase 3 getting closer and closer.

Here's another article that discusses the flow of money from Fiat to Btc to Alts - Crypto Money Flow Cycle



^ It's a bit lengthy but it's worth a read. It was written last year and they probably did not take into account the WSB plays on coins like Doge and recent pump on Ethereum Classic.
One month ago, there were pumps of small cap and very tiny shit coins. They will be back at the end of altcoin season, phase 4. Those shit coins are easy to pump and dump but if you buy them at wrong time, you will have to wait very long to exit. Patience again will bring your price to exit, take draw or have very big profit.

If you don't have patience, don't choose tiny and small cap altcoins. They have very low volume and it is difficulty to accumulate or exit.

With tiny and small cap altcoins, invest with very few capital you have, not all.
2986  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Path to altseason. on: May 07, 2021, 01:16:34 AM
We are in phase 3, as there are people believing in phase 2 and phase 4, so it is logical that we are indeed in phase 3.
Just in transitional phase (late of phase 2 and beginning of phase 3). It is not an important matter to know the market is officially in phase 3 or just late of phase 2. The importance is knowing that altcoin season is here and has been going further. It has yet ended and won't end soon.

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The ETH is starting to get back in its shoe, and altcoins are coming up one by one, so it might be also the start of altcoin season (Phase 4)
Altcoin season began months ago, not yesterday not today. Basically, any season, bull or bear, of the market usually will start in doubt of the crowd. They (market participants) always doubt that will the market become bullish or bearish? When they ask such questions and in serious doubts, the market already jumps into a new season.
2987  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 07, 2021, 01:02:06 AM
This project has been active since last year and unfortunately I only found out now. I hope to contribute to the community for the growth of Bitgesell. Analyzing prices, there is certainly room for growth if the community raises awareness of this project.
This is the best time to attract the investors, and what they are doing is just right, having some promotion in the forum would really help raise awareness.
Signature campaign and contests are managed and go well with some effects weeks ago. To get more exposures and more effects, I recommend Emma to consider other options to promote this project on other channels. Potential channels and methods are Video contest, Twitter. Crypto enthusiasts are quite actively in Twitter.

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However, there's a big problem for now, and that is the no stability of trading volume as you can see in https://coinmarketcap.com/currencies/bitgesell/

They probably need to add more exchanges after https://www.hotbit.io/ was compromised.. until now it's still in maintenance.
Hotbit will highly come back from their updates every day on Twitter. I don't think will all news, updates they have managed to do so far, they will close their exchange.

How about contact to following guys?

Whattomine on this forum.
CexZ. It is a new exchange but is owned by @crackfoo and has partnership with https://zpool.ca/.
2988  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Path to altseason. on: May 06, 2021, 03:54:59 AM
Quite agree with this. First, it was Ethereum, then Doge. Yesterday, it was Chainlink and EOS. I lean more on phase 3 but clearly Ethereum isn't really cooled down. I think phase 4 will come soon, maybe just a few days ahead. The smaller the marketcap is, the easier it is for a coin to pump. Only a good piece of news relating to a nice partnership can trigger a 20-30% pump.
Large cap altcoins will have more stable and organic growths. Pumps and dumps are general price manipulation in altcoin market. Small cap altcoins will have less stable and un-organic growths. They can be pumped like they have rocket boosters but price will fall back quickly.

Pumps can be test pumps from pump signal groups and test pumps will occur in Lightning speed.

In phase 4, price of shit coin will be pumped x, not %.
2989  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Path to altseason. on: May 06, 2021, 02:24:31 AM
The altcoin market is in phase 2. It is difficult to conclude that it has been in early, middle or end of phase 2 but is in Phase 2 certainly. Ethereum broke yearly resistance and caught capital on the market. That coin has slowly climbed up in USDT value and in the past few weeks, it began to climb in BTC value.

The strong performance from Ethereum will make altcoin lovers get hyped. I don't know whether people see this restructures of capital on market but the capital has been switching from Bitcoin to Ethereum. Now, they are concentrated on large cap altcoins.

I am thinking that altcoin market is in the transitional time between end of Phase 2 and beginning of Phase 3. From Phase 3 to Phase 4, the altcoin market will be crazy and in Phase 4, shit altcoins will be pumped for no reasons. Pumps and dumps by tweets or AMAs from money-motivating influencers, KOLs.
2990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 【ANN】 ✅ LETHEAN ✅ - Secure, Anon & Fast P2P-VPN-Network backed by the Blockchain on: May 06, 2021, 01:46:18 AM
Only two exchanges to use now and you can bookmark the link from coingecko. The coin might have other exchanges to trade and coingecko is faster with updates than coinmarketcap.

https://www.coingecko.com/en/coins/lethean#markets

Quote
TradeOgre and STEX.
Two trading pairs on TradeOgre: with BTC and LTC. 99% of trading volume for this coin is concentrated on TradeOgre. It is not because STEX is a bad exchange but because their mandatory KYC. On STEX, you can not make deposits or trade if you have yet successfully done your KYC.

STEX's KYC is followed the AML-KYC policy in the Europe. They give you three or four options to submit your documents for KYC with third party companies or with internal team from STEX

If you don't want do KYC on STEX, TradeOgre is good for years. It is important to withdraw your crypto from Trade Ogre to your wallet because you don't know how that exchange will operate. Store your crypto on exchanges is risky and not good.

Lethean wallet: https://lethean.io/vpn-and-wallets
2991  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge Wallet problem on: May 06, 2021, 01:26:41 AM
27 % after 24h.....

This coin is really a joke...
The blockchain size is less than 50 GB and I think you can sync your wallet in 24 hours. Fast or slow, it will be decide by your Internet connection speed.

Dogecoin blockchain has smaller size and less transactions than Bitcoin blockchain.
- Total transaction: Dogecoin (74,818,362). Bitcoin (639,729,656)
- Blockchain size: Dogecoin (43.49 GB). Bitcoin (343.26 GB)
https://blockchair.com/dogecoin
https://blockchair.com/bitcoin
2992  Bitcoin / Bitcoin Discussion / Re: Philosophical or Analogy Question - Crypto to Internet on: May 05, 2021, 06:03:22 AM
I currently have 8% of my invested assets in crypto.
BCH
BTC
ETH
Atom
Charts show you have good profits but altcoin season will be corrected. Their total marketcap are too huge and they need corrections. Top altcoins will have long rallies and they will not stop or begin bearish after corrections.

Bitcoin will step behind and give the market for altcoins to show their growths. I have more belief in top and old altcoins but if you want to gamble, you can pick some big but new altcoins. They can give you bigger and faster profit than old altcoins but risks are higher.

How many percent the Bitcoin is in your portfolio?
2993  Bitcoin / Bitcoin Discussion / Re: Football clubs and bitcoins on: May 05, 2021, 05:07:31 AM
It's no news that some football clubs might consider paying players in bitcoins sooner rather later with the continued surge of the currency football clubs like Southampton and Tottenham have partnerships with some Bitcoin firms and Southampton plays could be paid bonuses in bitcoins.
They are clubs that have partnerships and sponsorships with Sporstbet.io gambling site. Sportsbet.io's partnerships. Watford is the first club in England has Bitcoin logo on their sleves.

Watford agree sleeve sponsorship with Bitcoin in Sportsbet.io expansion.

Bitcoin will be used more by companies and salary can be paid as an optional method for players, staffs. I only have my curious issue with such payment: privacy and anonymity for payment receivers.
2994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥[ANN] [BLOC] BLOC.MONEY - Exclusive, Fast, Anonymous, Egalitarian, Anti ASIC on: May 05, 2021, 02:51:26 AM
I mined this coin years ago and I am shocked when it suddenly rose a lot. It came back to life from the hell. I did not remember where I store that wallet. It is time to check hard disk from any wallet back up I saved.

I sold out all my GPU rigs months ago when miners are hyped with mining. Fortunately I copied wallet backups with hope to get rich from hassle. Hope that if there is BLOC wallet in the hassle, it is not an encrypted file.

I recalled that I have 100k to 1 mil. BLOC.  Undecided


Failed to find BLOC wallet file.  Cry
2995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreo on: May 05, 2021, 02:40:10 AM
If the price for BGL coin goes up, then I am ready to calculate the hashes using a calculator, pencil and paper Smiley
It's all about financial interest, miners are able to count their profits.
Incidentally, I see an increase in the hashrate of the network in 2 times recently.
BitGeSell is hidden germ for investors and for miners too. The coin does not appear on Whattomine.

You can imagine how miners will get mad with BitGeSell when they find it on Whattomine.

Other websites for miners don't list BitGeSell at the moment.
Coinwarz
Cryptocompare
2996  Bitcoin / Bitcoin Discussion / Re: HODL vs Staking, What is the best strategy? on: May 04, 2021, 04:57:08 AM
Hodl and staking, they are related to your investment plans. Don't lock your coins in pools and stake or farm it if you don't have plans that when you will take profits.

Staking or farming will increase numbers of coins you have but price can soar or plummet in the time you lock your coins in pools.

If price soars and reaches the target price at which you plan to take profit, you can sacrifice your rewards from staking, farming and take profit with initial coins.

If price plummets, you must hold your coins (initial and rewarded) and wait for rally or new high prices to take profits.

Sum up: Plans, time and patience are elements.
2997  Alternate cryptocurrencies / Altcoin Discussion / Re: Accepting Crypto Payments on eCommerce site on: May 04, 2021, 03:45:32 AM
Bitcoin is your main payment method. Lightning Network should be accepted for your customers. Channels and Lightning Network adoption are rising.

Altcoins are risky because of their centralization and low total hashrates on their networks. Low hashrates equal to higher risks of double-spend attacks. Centralization of altcoins will have risks of sudden law suits from governments (as SEC lawsuit on Ripple months ago) and governmental requests to freeze some wallets, addresses.

If you want to add some altcoins, please only choose a few top altcoins: Ethereum, Litecoin, BNB.

Ethereum and Litecoin are biggest altcoins in total hashrates and costs to do 51% attacks are expensive. The following website gives you estimated cost: https://www.crypto51.app/
2998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue on: May 04, 2021, 03:37:54 AM
3)  Creating a clear Pyramid scheme dumping the coins at the start with only the conspirators having access to the secret keys which ones they intend to bring down or promote using their vast powers!
Pyramid scheme? What did you mean?

I am not aware of Pyramid scheme from BitGeSell, can you give link to any scheme you know?

The price of BitGeSell is still low and does not have 10x or 100x from that I can wait for months to see higher price. As accumulator, the problem for me is low volume and high spread of price on available market. It makes accumulation at my target price is hard and it is not easy to accumulate without effects on price. I don't want to buy up the price and force myself to accept more expensive price on the market buy orders.
2999  Economy / Trading Discussion / Re: help on buy rise or buy fall on: May 04, 2021, 02:08:13 AM
There are two buying types:

Buying when you are in FOMO or the crowd are in FOMO but you are aware of risk and benefits if you join that FOMO crowd.
FOMO won't be stable and price won't stay at highs for long. Buying this way requires your solid plans to take profit or cut loss. You must response very quickly with the market movements.

Buying up dips: it is a better way.
If you identify good entry prices and patiently wait for such dips, you will be very solid in your minds and bounces will bring good profit, high ROI to you. Risks are if you buy up dips at bad entry price and you are too greedy, dead cat bounces will kill you. If you are too greedy, and don't exit with short and small bounces, you will end with losses.

Your topic title is not clear but I guess you emphasized as follows
Buy rise: FOMO buying.
Buy fall: Buying up dips.
3000  Economy / Trading Discussion / Re: holding is not an easy thing on: May 03, 2021, 10:15:18 AM
This statement itself is questionable. If the people need to survive on selling their investment, why would they start investing in the first place?
Pressure is the worst thing you face with for your investment or trading. If you do anything relates to investment or trading under pressure (here I don't mention what is pressure and where is it from), results can be bad as long as you are not a superb professional guy.

Holding was possible but of course not an easy thing especially if you are very dependable on the ROI of your hodling investment or for a short term investment only.
Value or fundamental investors do prefer holding or hodling. The longer you hold, the better profit you might have. Why the period of holding makes sense or decides the profit you earn?

You can not know when the companies you are investing in do product releases, press releases or any break-out moments. If you hold 1 or 2 years, and such break-out moments (only discuss about new products) in the third year, you miss a great opportunity to exit your investment with very good ROI. Exit in the first or second year can still give you profit but not big.

In cryptocurrency, Ethereum and BNB are very good examples for altcoins. If you hold them in the past 3 or 4 years, you have yet gotten any losses and in fact you have very good ROI.

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Hodling will be the best option for all the investors who doesn't only have investment but they have another source of income to meet their daily needs. And at the same time, you can't rely on the ROI of hodling if you are expecting for an easy ROI because ROI of hodling are a time mannered investment.
Holding or hodling is only good or best if you choose good cryptocurrencies and your choices must be based on fundamental analyses. Any decision that is made arbitrarily and looks like a gambling is not good to hold for any period.
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