I think they best way to get rid of such scammers by giving them a permanent ban, but if good users share same IP addresses then that may cause trouble for them. Many ISP's are doing dynamic IP's these days and many users share same IP's.

I think the better option for combating such scammers is by limiting their permissions for creating posts in such boards. A rule in permissions should be set where the Newbie users should have limited permissions for creating threads in services child board. That way they won't be able to promote such scams.

In crypto market news plays a very important role. It's news that cause fear in minds of investors, and they start bulk selling to avoid losses which results into the crash of market. There are many investors who purely invest in crypto based on news, if the news media shows that a coin is going to pump then investors blindly follow that news and start investing millions of dollars into that coin. Once a coin is bought in high volumes then next game is automatically done by bots of exchanges by bulk selling.

But, we can not underestimate the importance of indicators as they are crucial in crypto trading. In Bitcoin trading indicators work and if the trading is done with a professional plan, a well developed strategy, then you can gain enough profits with the help of those indicators. The market is mostly controlled by whales who hold a lot coins, and if they start bulk selling then those indicators can save you.

Almost everyone is saying that 3 minutes is not a good time frame for trading. Sometimes you may get 1-2 trades a day, and some times you won't get a single trade in many days. If the strategy is based on 3 minutes candles that doesn't make it unreliable. The focus should be on parameters of the indicators, and unfortunately very few people understand those well.

I modified the parameters of the indicators many times during making of the strategy, and when I found the working parameters than I stick with those. During the tweaking process I have had some losses, but once tweaked to best levels I recovered all my losses, and gained enough profit from my trades.


I haven't claimed that the strategy will work every time, but I have said that it will work most of the time, and I will stick with my words. I will share some trades using this strategy just to prove that it's still working on 3 minute charts. As a bonus I will apply this strategy on an altcoin to check if it works on them or not. I haven't done any trading on demo accounts, but that might be a good option for those who do not want to risk their money.


Thanks for your kind words my friend. It will be really nice of you to try the strategy and share the results. However, if you can't share it then no problem at all. You're most welcome. I hope you can understand that it requires a lot of time and effort to make a working strategy for yourself. In the process you might lose so many trades before reaching to the working parameters.

Sharing that strategy is also a difficult decision because if something is working for you, and you're profiting from it, why would you want to share it with someone else? But, my main intention behind sharing of the strategy was to give something from my side to this forum. I have learnt a lot from this forum, and because of that knowledge my financial condition became better. Thanks a lot to you and everyone else who liked the strategy, I will soon share some of my personal trades using this strategy.

Yes, Bitcoin trading also works the same way for traders like forex, but the volatility of the Bitcoin and crypto market is highly unpredictable and due to that sometimes the indicators might not work the way they are intended to work. The technical indicators work the same way, and if implemented with a good strategy, and proper trading plan, than the results will be positive.

No matter Bitcoin or Forex you should not rely on those signals that the apps give you. Most of those signals won't work, and you might lose your capital by following such baseless signals. It's always better to learn trading yourself rather than relying on the signals shared by someone whom you don't even know. And, if you lose your capital by following those signals, that won't cost them a penny, and they will still be making money from the ads on their apps.

Bitcoin was designed to be a virtual payment system that no centralized body can control and that can be traded easily via P2P route without any restrictions. Such thing was only possible in software form, if something like Bitcoin was physical by nature then the inventor of that product might not be able to hide himself from centralized bodies. The nature of Bitcoin is decentralization, and purposefully Satoshi set the Hard limit at 21 million bitcoins. And, that genius guy gave this world a gift, especially to us in this tech world.

Physical products are  different from virtual products in many aspects. Let's still guess that if something like Bitcoin was physical then it must have to be made out of physical elements. How would volatility like this could ever be achieved with a physical product, and how would others transfer that product anonymously? The answer to those questions is simply not possible at all. No body can trade a physical product without any interference from centralized bodies. That's the reason Bitcoin was made as a virtual product and it will remain in same state, it will never be released as a physical item.

Like @nc50lc said you should backup the wallet.dat to first to avoid any issues.

In order to solve the problem you should run the command as administrator if you are using windows as such errors are sometimes caused due to less privileges of a user account. If you are using a Linux based operating system then you should use That will grant the command root access.

It seems that you aren't running it on Linux but on the windows operating system. So running it as administrator might solve your issue. On the command app you should left click on it and select run as administrator that will give complete permissions to pywallet. And, if things go well it should work without any issue.

If it still gives that error then try to quit Bitcoin core client and other bitcoin services, and restart those to see if it works or not. Sometimes due to the running services the permissions become limited and might not work properly. That's why quitting those first and restarting them again can help to solve the issues.

Never heard about that site, but from its name it sounds like a scam site. Everything has been done on that site in a unprofessional way. I would recommend you to stay away from such scams, and always give priority to exchanges with positive reputation.

Such scam sites are made to take advantage of those people who aren't not good at technology. Their main targets are those innocent people who would trust scam like this due to their low awareness levels. How did you found that site, were they promoting their sites via advertisement or social media or you found it on search engines?

In that case the most suitable option for you is to use tor and run your node on it because it doesn't require port forwarding to allow the connections. You can also run the node on a VPS server where you won't need to forward the ports. You will only need to allow the connections through the firewall of the VPS and that's accessible to you.

I would recommend you to get your deposit and forget about the earnings for now. Provide them your Bitcoin address, and get you deposit as soon as possible. I'm not sure that if that's their fault or you have done something that was really against their rules. The best thing for you is that they're at least agreeing to return your deposit.

My friend if you still continue the dispute and the third party also confirms that you were wrong then you might not get your initial deposit. I think their evidence might be confirmed because their style of writing shows that they are confident about their statement. If you have done something that's against their rules but still they are willing to give you the deposit then I don't think they're scamming you.

I would also recommend you to be careful with gambling sites, only few of them are 100% clean, and I also suggest you to get as much information about a gambling site as possible before depositing your money for gambling purposes.

If you are sure that someone is scamming, and you have the proper proof of the scams they have done then the best child board for you is "scam accusations," at that board you can report those scammers. But, keep in mind that if you are accusing someone for scamming, and your proof is not showing enough details to prove the scam then you will be responsible for defaming that member whom you reported.

It's always better to get proper proof of someone's scam before accusing the person. And, if you are accusing someone due to hatred or any other reason that has noting to do with scamming, then instead of that user you might get punished for such behavior.

Investment is all about risk taking, but in a manageable way. For example if someone is putting money on an asset, lets consider the asset as a crypto altcoin, then he/she should get as much knowledge about that asset as possible before making their mind to invest in that particular asset. If you have done your research professionally and you are sure that the risks involved in that particular coin are minimum as compare to others then take the risk and put less than 10% of your savings into that asset.

You should keep in mind that investing 80% of your savings is not a good choice, and even if you have done your research on an asset fully, you should still not invest more than 1/10 of your saving into that asset. Instead of investing 80% on a single asset you should divide your savings by 10, and put 10% on all those assets that you have researched well, and you have come to a decision about those assets that they are going to give you positive outcome.

As you asked whether risk taking is important of not, it's definitely important without it you won't be financially stable even if you work 24/7, as well as on holidays. It's a mandatory requirement for those who want to be free from financial issues, but like I previously said, you should only take risks when you can manage those risks very well, otherwise you will invite problems into your life by putting your money into an asset that can go down anytime, that means you have lost your capital entirely.

Many months ago I found a video uploaded by a fake guru where he was encouraging his viewers to invest on shit coins that had no value. He gave them examples of Dogecoin, and Shiba Inu and was saying that those who invested in those two coins earned millions from their investments. His main intention was to inspire those innocent people to put their money on those shit-coins that have very high supply and low market cap. That video went viral and got more than 10k plus views in its first week.

In that case many of those innocent viewers might have taken the risk of putting their money on those useless shit-coins that could go to zero any time, and those who after becoming inspired from that video if invested in any of those coins have definitely lost their savings. The unfortunate thing was that after just a month of that video the market crashed and many altcoins (the valuable ones) have lost their value. Those shit coins might have gone to zero, and those innocent investors who were not knowledgeable about those coins might have lost most of their savings.

I have visited their site and it seems a very good event for the crypto users. But, it isn't for free the Early bird ticket of the Event with basic package costs around 350 AED which is at least $95.30 USD to be accurate.

I don't think that normal crypto users can have any benefits from this event as the ticket cost is priced so high for average crypto users. I've tried to find that if they are offering live stream as webinar, but so far I was unable to get any information related to that.

If anyone still manages to reach at that event then kindly share the discussion with us. That might be helpful for new users as such events are organized very professionally, and the speakers in such events are highly knowledgeable.

The simple answer to your question is no. It's really risky to trust those Dao projects  as most of them have emptied the balance of thousands of investors. I know that the centralized exchanges ask for KYC and without that they won't be able to survive but there are many decentralized exchanges that do not require any KYC, and have been operating without any issues.

The Dao projects attracted the attention of investors in previous bull run, and most of them run away with the money. I feel bad about those unlucky investors as most of them lost millions of dollars in such scam projects. Anyone who falls into trap of DAO's will be responsible for his/her losses.

No one else can be Satoshi Nakamoto, he was the true freedom lover and he created something really useful that's still known and working in the form of Bitcoin. Those DAO's and their makers aren't Satoshi, and trusting those organizations is not going to be a good decision for anyone.

Bitcoin's next bull run will start if its price crosses the barrier of $40k, but that won't be for too long. The high intensity bull run will start after halving, and that will make Bitcoin to reach its all time high. Some people believe that the bull run will start a few months before the halving, but its intensity get higher with halving. However, most investors who are really experts of Bitcoin have common belief that the bull run will start with halving.

With Bitcoin's bull run the crypto market will get many new investors and the total market-cap will cross $3 trillion mark. Many coins will pump to very high levels, and the king Bitcoin will cross $120k price mark with that bull run. But after the bull run the market will face another bear run, and many people will face liquidation of their assets with that. So it's always a wise choice to be ready for those events, and find ways to reduce losses.

You must remember that Bull markets and Bear markets are both parts of this game. If something pumps then that will have to dump sooner or later. I know that after this bull run people's belief about Bitcoin will be strong but still the volatility will continue and the bear run will cause huge losses to those greedy and less knowledgeable investors. Many of them will lose hope once again, and that cycle will repeat over and over.

I don't think that you can make anywhere close to $100 a day with $4k or even $8k by investing in crypto. It is however possible to make such profits sometimes but that doesn't happen everyday, and only those can earn $100 or more per day who have great knowledge about trading. From your asking style I got the idea that you aren't well aware of crypto trading so making that much is not possible for you.

Like other respected members have said investing and holding for longer is a safe option for you. But, only invest in Bitcoin do not invest in any other altcoin. I would recommend you to divide your capital into 4 parts and only buy when the market is going down. Do not buy in bull market because you will end up loosing half of your capital.

You can't make $100 a day from any other field not even from crypto. In crypto world there were some Dao projects that were promising huge gains but as far as my knowledge everyone who invested in such projects have lost their money. Do not fall into the trap of the influencers, their main intention is to earn from you trough AdSense and other products.

Thank you for your kind words. You have heard about this strategy, I mean how could someone else build upon exact same strategy. I think their parameters might be different from the ones that I have shared. I don't know about their version but my version works well for Bitcoin. It will really be helpful if you try the strategy and share your feedback, I really appreciate your words.

I have updated the post with an example, kindly check it. I think my example is enough for now. I will soon share some on my results with the strategy.

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Thank you so much Royse777 sir. I have received my payment on time. I'm applying again for Sr member position if there is one left, sir it will be really nice of you if you can give me a chance to be among members. I will be very thankful to you, and I will give my best to the campaign! Thanks once again sir!

Thank you so much for the kind words. Yes, I have been testing this strategy for more than 6 months and so far it has been working for me. I know that it's hard to believe a strategy that's based on 3 minute candles, but it's a working strategy and if someone masters it then the results will be positive. I'll show you some of the results because I have been doing the strategy for a long time I never thought about taking screenshots of it. I will share the results of the next trades that I will execute with this strategy. Thanks!


We aren't relying on RSI alone we are using Bollinger bands as well. So far the percentage of success has been very high for me. I won't be able to share the data of the whole month but I'll definitely execute some trades with the strategy and share my results. I must say that this strategy is for those only who can control their emotions.


As long as you are not in hurry, you will not lose with this strategy. And, if a sudden market collapse comes in the way then holding will be favorable. There is no need to set any stop loss for this strategy. This strategy also includes 30 minute candles, the first two trades will be based on 3 minute candles, other two trades will be based on 30 minute candles. I have explained that in my strategy, you should go through it once again.

In this post I will share with you one of the best trading strategies that I have created. This strategy works like a charm, and if you master it fully then your chances of winning a trade will be very high. I'm sharing this strategy because I want to contribute something to this forum from my side. This strategy works only for those traders who believe in holding and can control their emotions. This is not a strategy for those who want to be rich overnight, it will work only if you can wait for certain signals. The strategy is based on some well known indicators, and it works  in both bear and bull markets.

This strategy works best in spot trading, but it will work in futures without any problem. However, I won't recommend anyone to do it in futures trading, but still you want to do it then do at your own risk. The winning rate of this strategy is very high and if applied according to my instructions then you will definitely have winning trades. This strategy has given me very good results and if you follow the steps carefully then you will get something good from it.

First of all follow these steps for setting up of indicators:

Step 1: Go to trading view and select the candles of 3 minutes.

Step 2: Go to indicators tab and select RSI.

Step 3: After selecting RSI change its length to 150

Step 4: In indicators tab select Bollinger Bands.

Step 5: After selecting Bollinger Bands change its length to 31 and StdDev to 7.

Once you have applied those setting now it's time for the strategy. After applying the setting you'll see a chart like this:



In this strategy we will divide our capital to 4 parts. We will place first buy order when the 3 minute candle touches the lower Bollinger Band line and the RSI fall below 36. Once the buy order is filled we will hold it, and wait for further dips.

We will place our second buy order when the 3 minute candle touches the lower Bollinger Band line once again, but this time we will ignore RSI signal. If both of those orders get filled then its the time to hold those coins that you have bought.

We can hold those coins for longer or sell them for some profit, but of course holding will increase the profits in long term. However, sometimes it can go down because crypto market is very volatile.

In order to place our third buy order we will select the candles of 30 minutes instead of 3 minutes, and we will again wait for the candle to touch lower Bollinger Band line, and the RSI to fall below 38 this time.

The fourth buy order is just repeating of third buy order, it is executed when the candle touches the lower Bollinger Band line we will place the buy order. Like other orders we will hold it for some time, and then sell it with profit.

This strategy is unique and it has been working for me like a charm. It works best with Bitcoin, but you can try it on altcoins as well, it should definitely work on those without any doubt. I have applied it on some altcoins like ADA, and Litecoin, and the results were positive with those 2 coins as well.

Feel free to ask me any questions related to the strategy, I will answer all those questions that make sense and can be helpful to others. Kindly, don't ask me to show you my trades because that's something I will not share with anyone due to privacy. I'm not a Youtube influencer who shows the trades just to gain revenue from the AdSense ads. I'm sharing the strategy just to give something to this forum, and something that might help others.

I hope it will help new traders, and it might be helpful for professional traders as well. Thanks!

Here is an example to prove that this strategy works:



Let's say that by following the strategy we found a scenario where all the requirements fulfilled now in that case we can execute our first buy order at $29520. Once the order is filled, it's time to wait for the second order, we will place that order only if it meets our requirements which is to touch the lower Bollinger Band line. In this case the second order was not placed as the market became bullish after the first buy order rather then going further down.



Since the second order was not meeting the requirements we sold our coins at 30110. We earned more than 1.6% profit by following the strategy. Keep in mind that sometimes we should settle with lower profits if we are following the strategy just for scalping purposes. what if our all four buy orders were filled? The chances of profits might be higher in that scenario. Keep in mind the example was given for demonstration purpose only.

I'll definitely share some of my trades that I'll execute to show you guys about the working condition of the strategy. Like other strategies it might not work all the time as there is no single strategy that works 100%, but it will work most of the times and your trades will be winning ones. I will repeat once again this strategy only works for those who can control their emotions. I would never recommend to create bots to execute the strategy automatically as that might not be safe. Thank you for reading!

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