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3061  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Tether go into crisis like XRP? on: January 25, 2021, 07:08:57 PM
Tether and XRP is a bit different, that is the trouble. XRP is a coin that could go up and down in price, if there is a problem that means price could fall and eat up all that trouble. However Tether is always 1 dollars, that is their trouble, 1 usdt should always be 1 usd, and if that fails, the whole system fails. That rarely ever goes away, sure sometimes it becomes like 97 cents at the bare lowest for a very very quick time but people buy that very quickly and sell back to 1 dollars, whatever the difference was they pocket the change.

However if one day Tether gets into trouble and fail to pay it? That means we are going to see 1 USDT not worth 1 USD anymore and suddenly the whole system will crumble. This is why it is a lot more important, people do not "invest" into tether, that doesn't go up or down, that is why it is there, the moment it is no longer like that, it will end very quickly.
3062  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Cardano (ADA) coin hit $10 During 2021? on: January 25, 2021, 06:38:39 PM
I know that Cardano as of this moment is having a slow push towards the upside but that price that you are saying is almost impossible to be reach especially this year.

The previous ATH of Cardano is $1.33 base on CMC and that happened January 4, 2018. That is the time where the market is on a bubble. Now before it will reach 10$ this year, it must reach its previous ATH first and then start predicting like this after it happen. Right now this is almost impossible to happen or worst, it may not happen at all even after 5-10 years.

ADA holders would be happy if they see it going at the $1 but $10? I don't think so.
I think that is the situation, we are talking about 1 dollar here because that should be the goal and with a alt season with all altcoins going up, we can definitely see price of cardano reaching 1 dollars. However 10 dollars is as unrealistic as bitcoin becoming 1 million dollars, it is about the same chances of those things, or etheruem becoming 50k would be the same as well.

It is really not reasonable but that is hwo you create hype, you create topics and write articles and share telegram messages about how "could it be 10 dollars" and eventually you have a lot of people who would be buying ada expecting it to become 10 dollars while reaching it 1 dollars barely. However this way you made 3x return and made it 1 dollars, if your goal is 1 dollars you will fail that and be less, if you try to be 10 dollars you will fail but at least you will be higher trying it.
3063  Economy / Gambling discussion / Re: 2021 NBA Season on: January 25, 2021, 04:44:59 PM
I would say Clevland is not doing good "just for now", they are doing good compared to what people expected no matter how they end the season. A lot of players showed improvements and they are going to finish better than expected no matter what happens by the end of the season. They could even miss playoffs but if they are close to the 8th spot, I would say that is overachievement by them because everyone expected them to tank, we even see people here who assume they are tanking.

So, if they finish anywhere above 40% win rate, that would be success for them, and they are going 50% right now, so they are definitely doing way more than what people expected, not just by an inch but by a mile. If, however, somehow they manage to keep their position and actually fight for a playoff spot and get it? That is going to really be amazing and would be incredible.
3064  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: January 25, 2021, 04:11:46 PM
Anyways, does anyone know what happened to Roobet Twitter account?

It seems to be suspended at this time. Hope it gets back in time.

I too didn't hear any update on roobet twitter restoration and if it is another reason, however I can say at least 2 more places in crypto gambling got their twitter banned as well. I do not want to name them here on roobets topic because that would be like advertisement of their names and that is not nice, even on this topic, but 2 other crypto casinos got their twitter accounts banned as well. I do not know what is going on, but it is definitely not something normal because this became third.

I think twitter is putting an end to crypto gambling on their platform, facebook and google already had some issues with crypto advertisement before, I assumed that was fixed recently but I guess now it is twitter's term to not allow gambling. Even though I support their decision to ban certain famous people recently and allow us to take a breather, it is sad to see that type of behavior affected crypto gambling. In any case, crypto gambling has other platforms like bitcointalk to get their name heard so it's fine.
3065  Economy / Trading Discussion / Re: Can I get rich by trading on: January 25, 2021, 04:44:43 AM
Assuming that only 10% had succeeded in trading but I don't think they'll get into an easy trading history or being an instant millionaire. For this 10% out of thousand individuals who tried in this, it for sure they are able to reach their goal but it takes years.
Definitely, it is our decision to take the risk or not, to weaken and quiet when suffered losses and difficulties? These things will give us an excuse of not achieving our goal and aiming to become rich is just a dream at all.

For I am into trading, I don't aim that high. What I ask for and working hard is to make a profit in every trade I make. Well, that be close to that soon if I continue doing this.
Those 10% not succeed because they are the only ones who are good at trading, they succeed because they are the only ones who want to succeed and realize what it takes. Those 90% include some people who would be great traders but they fail to become one because they can't wait to make some money, if they wait a lot longer and they work hard and long hours for years they would become one of those 10% as well but they fail because they want to get rich right now.

If you know what it takes to be a good trader, if you are willing to study, if you are willing to learn, if you are willing to practice, if you are willing to trade for 1-2 years gaining experience with lower amounts, you will get into that 10%, but you have to do all of these very properly without getting any shortcuts or wanting any quick returns, if you can do this you will become one of those 10% that profit.
3066  Economy / Trading Discussion / Re: Does Trading have an advantage over investing?? on: January 24, 2021, 04:28:49 PM
Trading or investing ..does Trading pay more than investing
There's a little different on it, in investing you are holding a coin for a longer period of time maybe months or years, depending on the timeframe you are looking at and it all depends on the coin you are holding if it will pump in the future so there's a chance that it will not be profitable or it will be, in trading there are so many way scalping, arbitraging, spot and etc yes there will be a much more money in this sometimes, but if your coin in your investment is really worth it, you will get more in investment rather than trading.
That is the question at hand, do you think investing for long period of time which is usually profitable if you wait long enough is more profitable, or do you think day trading like the ones you listed is more profitable? Because in one of them you are definitely making money but low amount for years of waiting sometimes, on the other you can either make a lot of money daily or make no money or maybe even lose money, it's all depending on skill.

I believe if you are good at trading that is the way to go and you will make a lot of profit, however if you are not good at trading there is no need to risk it and you should just buy bitcoin and keep it aside and not look at it for years and you will come out profited after few years. Guaranteed profit over long period of time is much better to me than risky trading daily with a high reward potential if I am good at it.
3067  Economy / Speculation / Re: Could this correction lead to a bear market for Bitcoin? on: January 24, 2021, 03:57:49 PM
Bear market is the opposite of bull market, with bear market, we will see that bitcoin will struggle and the price will decline, the perfect example is what happened in 2018 after bitcoin and altcoins reach their new ATH. We might see it or not, but we should be ready of that as that is very much possible.
Why do you feel so pessimistic about bitcoin fall? I mean I never understood it so I am asking seriously without any joke. If you are feeling so pessimistic about bitcoin shouldn't you just sell all your coins and get out and never deal with bitcoin ever again? Why so down? I feel bitcoin may go down (or maybe not) but that would be correction and accumulation and price will go back up again. That is the case in most situations because we are talking about something a lot more valuable here, a long term benefit of having crypto over fiat.

People know that benefit and they do not get out too much, they just simply sell in order to rebuy at a better price but that's it, because they know they can't go to full fiat life since that is making them poorer and poorer, there is no way we could allow that to be fine. Long story short we are going to have a great future, do not be so pessimistic about it and hopefully you will see the benefits of crypto.
3068  Economy / Speculation / Re: $80k within 6 weeks, new ATH October 2021 on: January 24, 2021, 08:47:32 AM
The fact that many investors take profit is good, it is bad that with such a deep pullback, many investors appear who are at a loss. Moreover, some of them will be forced to fix it, since they initially entered for a short period and expected rapid growth. As for traders, I don't feel sorry for them  Grin
The good part is that, the ones who took out their profits now have cash to go back in if they want to, that is a good thing because having money would help all of us right now, we could all buy and help us. However one more thing is true, the ones who bought at 35k+ prices must be feeling bad right now, and that is not really a good thing for now, those people could do some help for us as well, if they have more money they should buy from current price as well, which would allow them to drop their buying averages lower and they would be capable of using that lowered entry point to profit a lot more later on.

So, as you can see a drop could be a great thing if you look at it from the optimistic side, both the profited ones and lost ones could get together and buy so much that they could increase it 40k+ very easily. However will it be like that? I do not know.
3069  Economy / Speculation / Re: What's next for bitcoin after supply drain? on: January 24, 2021, 03:48:04 AM
Supply will remain the same, unless those holders will forget how to access their bitcoin and that bitcoins will be lost in circulation. Have to understand that though whales are holding huge bitcoin, they are also waiting at the right time to sell, so supply will still circulate and we will see a different scenario which are bearish and bullish.
How so? @NeuroticFish did a job of listing possible scenarios so his/her point can be more valid. I think I did not ask about supply, I know that supply will remain the same. If there is no one selling and a lot wanting to buy, what do you think will happen.
We are talking about literally everyone selling their coins end up selling it, and everyone who wants to buy and hold and never sell end up buying as much as available in the market. In that scenario there are no people who want to sell their bitcoins, and people who want to buy bitcoin can't find anyone who sells it because of this, so there is no more supply anywhere. Are we really sure that we could reach to that level?

I mean sure we could have less supply, hell we have less supply right now in the market going around then we used to even after so many bitcoins were mined, why? Because big companies ended up buying so many coins. However there is a huge difference between being out of supply versus just having a little amount of bitcoin and I believe there will always be at least 1 million bitcoins in the market that will be traded by people.
3070  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this even normal? on: January 24, 2021, 03:11:38 AM
That looks like a scam to me, they will just keep you guys hoping that you all are going to get paid, and they won’t pay. Maybe you should have done some background check of the project’s team to know who they really are and what other project hey have been into in the past and whether they paid those that participated in the past project. I am already seeing a comment that says that the team that owns the project are scammers and this is is not their first project and the first one they also never paid those that participated. If they are not scammers I don’t see any reason why they would block everyone from having access to their group.
3071  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - Buy in or Bail out? on: January 23, 2021, 07:28:09 PM
SEC issue is really tough to convince more people to invest for now, specualtions and with how the market for this project are moving, it's better to choose other project to place your money.

If you have coins inside your wallet either to decide now or just keep it and take the risk sparing the money to unsure future, hope for luck that the team may able to surpass this problem and bring another good day for this project.

If you can keep yourself away for now best to consume your time finding other alternative coin
or chase bitcoin and Eth both are good for short and long position.
It was an easy choice to get out and that is what people did, that is why the price crashed, we are talking about the currency that was 21 cents at the start of 2020 and after a whole year of coins going 3x-5x even as much as x10, we are at a place where XRP made just 20% increase, you may think that is fine but it was basically a horrible thing during such a huge bubble. If bitcoin and all others drop one day, XRP will drop more too, that means we are going to probably see under 10 cents with XRP if we are barely at 27 cents on the biggest bull run of crypto history.

I would rather not do anything major right now but getting out of XRP is an easy decision right now, nobody should have any trouble with that. I personally would suggest going to ETH if you can, they are still doing horrible with the fee situation and the moment thats fixed we are going to see an unbelievable increase in ETH price.
3072  Economy / Speculation / Re: What you'll do when BTC price will go down heavily and fast? on: January 23, 2021, 06:58:04 PM
That is where the real use of stable coins comes in because I would simply convert my Bitcoins into USDT and wait for the market to stabilize. I would not do this if the fall is around 2-5k USD but of the drop happens massively like you assumed then yeah I would convert into USDT and buy a chunk of Bitcoins at a lower price once the market becomes stable and the drop has ended.

Knowledge about when to sell and buy is what makes one a good trader and I have learned enough about these swings in couple of years of my Bitcoin journey that I am able to react to such swings such that I end up in profit more often than not.
3073  Economy / Trading Discussion / Re: How to trade after all time high on: January 23, 2021, 06:08:54 PM
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....
My advice is to switch your token investments...
there is not much that you can make again when an asset has touched ATH, you better buy another token that has not touched ATH or that has a great potential to make ATH.
But almost all the tokens have gained a bull run too along with Bitcoins, even dogecoins have been pumped which makes me feel like either the whole crypto market has been lifted or there is a massive crash coming looking at the greed in the market.

The best thing one can do during ATH is just accumulate more coins and once the market just about starts to drop sell some and get ready to buy again when the dip has finally stopped. This is what most of the investors do, they will wait for the bull-run and then divest some BTC and later when a correction happens they will buy again and keep repeating this process will definitely give profit. Although it requires immense patience and skill to determine when to sell and buy.
3074  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is it now when ethereum is down? on: January 23, 2021, 05:19:00 PM
new a few months ago you thought that Ethereum would be back at $ 400, but the opposite happened to the price of this coin, no one would have thought that Ethereum would raise its price again this soon, many people doubted this coin would find it difficult to increase its price again, but what happens is someone who has bought and held this coin and maybe most of them have sold it at a price when the price went down, of course they are sorry, because they can't wait for Ethereum to show its quality again and of course answer many people's doubts, of course,
That is the sad part about the increases and the decreases and how people react. When price reaches to levels like 600-700 dollars and they are afraid it will go down to 400 dollars, they miss out on the big 1000+ prices, and when the price reaches there, they start to talk about small 10-20% decreases and talk about if it will go down even more.

It is always those people who see a fall and instead of saying "maybe I should buy from this fall so I can profit when it recovers" they instead say "if this went down 20%, that means it could go down 50% more!!!" and wait even longer and think there is a huge crash coming up. Why wait for it to crash that much and not even buy during that period, when you can get involved when everything looks a lot more awesome? Isn't that a lot better? I personally feel that buying during 1000 is better than not buying at all with fear.
3075  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptospace does it have any new promising ICO/IEO/DeFi coin/token projects? on: January 23, 2021, 03:43:30 PM
There are a lot of them, though they might not still be new, but they still have the potentials for growth.
So you should invest in them. Even Bitcoin and Ethereum that you said you have invested in, they all have the potential to grow in the future.

Judging from the time you made this post, which was September, if your money has been there around then till now , I believe you have seen the bull run and have gotten some profit. Uniswap is one of the top Defi, and it’s still growing; when I checked today it was around $8+.
3076  Economy / Services / Re: [Open] DeFi For You Signature Campaign || Full member+ payout in btc. on: January 22, 2021, 05:26:33 PM
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3077  Economy / Gambling / Re: 🚀 Sportsbet.io - Official betting partner of ARSENAL FC 🚀 on: January 17, 2021, 06:52:42 PM
Honestly this is going to be one of the most important games in the league. I know that it looks head to head sort of, odds are not "that" far apart. So, what happens now will have some kind of decisive result in the future as well.

If United ends up winning, we can officially welcome United back to the awesome teams level and they are going to be great for the rest of the season for sure, they were always "good" but not awesome, and to be frank I put only Liverpool and City in that place and then there are "good" teams like united, Leicester, Chelsea, spurs type of (even wolves got in and out a bit last year) so long story short United would be capable of going above that good level and get into awesome level if they can win this game.

Of course that is just my assumption, maybe it was always as good as Liverpool, or maybe it still isn't that good just because of one game, I just feel like that.
3078  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 10, 2021, 06:43:52 PM
Honestly this is by far the best result Juventus could ever hope for, if they are good enough soon, they will be capable of becoming thid in the league. Juventus has 2 less games played than Inter and Roma, with 4 points behind Roma and 7 from Inter, with 2 games they can get 6 points, which would make them 36 and third in the league with just one point away from Inter, and even only 4 points behind Milan too.

I really do not want to see Juventus win another title, they keep wining every year and that makes things a bit more boring if you ask me, however if they can actually keep this up, and go on winning few more winning streaks, they do look like they have a chance.
3079  Economy / Gambling / Re: Chips.gg |🎰 New Slots Weekly | on: January 09, 2021, 03:03:15 PM
I don't get why people hate specific coins in gambling, I do not really mind losing any type of currency, since I know I am going to lose them it could be even fiat and I wouldn't care. The hard part is to deposit, after you deposit a certain amount, and know that house edge will take your money and there is nothing you can do about it, rest is easy, just have fun and that's it.

This is why I have hard time deciding how much to deposit and when to deposit, but after that is done I just have fun like a whale without a care in the world knowing it will end anyway. Which makes me come back to situation, I hate XRP for example, hated it for about 7 years or so now, never owned any myself, but gambled with it a lot on casinos, because I wouldn't mind losing xrp, or btc or whatever, I care about what I own and none of this is on my wallet so it doesn't really matter to me.
3080  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: January 08, 2021, 06:02:23 PM
When you are betting for the leader of the league, the last god knows many times back to back champions, it is always hard to bet against them. Don't get me wrong they had 3 ties and one loss this season, which is the proof you need to see that they are not unstoppable, they could very well lose a game or get a draw as well, it wouldn't be impossible.

However we all know that the biggest chance here would be Bayern beating Gladbach. Maybe leipzig or dortmund could give Bayern a run for their money, those are very good teams, specially with Haaland back, but Gladbach doesn't look like that. Plus a 1.6 odd is not really that bad, it is 60%+ return on your investment if you look at it investment part, and I would say risking it for one game does look like it could be profitable. I got only 10 bucks on it, because I do not wager too much on just one game, but I feel strongly about it.
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