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321  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 08, 2020, 09:20:54 PM
It is not about who you face, it is about the momentum most of the time. Werder has a very bad momentum right now and that means they may not be able to win no matter who they face.

I remember Watford like that, on the first half of the season they lost to whoever they played, doesn't matter who it was they were losing to almost everyone, something happened and a switch went off and for like 5-6 games they didn't lose, either got a tie or a win and suddenly even got out of relegation zone when they were insanely low, had like 9 points in 12 games and 12 points in 6 or so. That is the situation for Werder Bremen, if they actually fight tooth and nail and get back and have a good momentum, of course they could get out of the relegation zone, but if momentum continues like this, they could lose all the remainder games.
322  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 08, 2020, 08:46:06 PM
Dybala could be not in great condition but that doesn't mean he is out neither, I would assume they would register him anyway and if he could just train a bit right now, and play like 20-30 minutes in the games at the second half (if the game score allows), he could get back into match shape.

This virus is a nasty one that really hurts your lungs and I assume it will be very very difficult to return to 100% that easily, I think it will take some time to recover, but without really suiting up and going to games you can't recover anyway, just sitting at home is not really a solution, he would be out of condition even worse.

So, Dybala could maybe play some minutes in the league when it starts, or at least he should, if Juventus is ahead 3-0 on a game, whats the harm in putting Dybala at 80th minute? I feel like that would be helpful for him as well.
323  Economy / Economics / Re: Banks would suffer till at least 2025, according to IMF on: June 08, 2020, 08:14:04 PM
Honestly the real consequence of current pandemic could start from 2021 onward hence there would be no surprises if slow economic conditions will persist till 2025. I guess almost all the sectors will get suffered and not just banks. But, when traditional banks find hard time due to low production and more job losses, I guess institutional investors will not have more options to go with. So, there are more chances for bitcoins to stop them.

IT could be one of prominent sector to see more job losses due to recession. When more number of software development related people get into bitcoin for various reasons, we may see peaks on everywhere including mining difficulty and new businesses on crypto services. I am not seeing anything con for crypto space due to pandemic but how accurate will be the actual things from foreseen is the big question right now Roll Eyes.
324  Economy / Economics / Re: Crypto is becoming legal in my country! Any business idea? on: June 08, 2020, 06:36:20 PM
Another one that came to my mind would be crypto payment processor for online companies (or regular companies as well). You could have a website where people could pay with bitcoin anywhere they want, the seller will receive fiat like they always did, but the buyer will be able to pay in bitcoin. Being in the middle means you could charge a fee for it as well.

I do not think it could make millions of dollars without proper marketing, but if you can get it going, think of it like paypal but for bitcoin to fiat conversion for the business'. That way companies could offer bitcoin to whoever wants it, since they are getting fiat anyway, it won't matter to them what people buy it with, hence it could work for you. I don't know how hard it is to build something like that but I am sure its costly.
325  Economy / Trading Discussion / Re: Those that hate risks! on: June 08, 2020, 06:01:51 PM
I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.
We do not need to be preferring to take risk but we must need to accept the risks involved in trading cryptos. Without assessing how we are going to handle risk well in hand, we cannot be successful in trading. I mean no one needs to be loving risks but must know how they will handle risks. When you are having plans to handle the risks of trading then definitely you never need to hate trading nor the risks in it. You can just move on so that you can keep proceeding toward success in your trading.

Only the traders who are lacking in knowledge about crypto trading are getting afraid of risks. I believe a trader can become high-risk trader by gaining continuous knowledge and experience. We must keep learning on different strategies on handling risks which will definitely help us to become successful in crypto trading over the time.
326  Economy / Trading Discussion / Re: How has trading affected your personal life ? on: June 08, 2020, 05:26:45 PM
When I was into forex trading, my results were not good to keep my capital growing which affected my entire life, yes I got impacted on my personal life and career as well. When we are profitable at trading then only we can see positive impacts otherwise trading may turn cruel beyond the limit you could imagine. I kept adding money into my forex account by getting loan to recover losses until I got into crypto trading.

With crypto trading, I am somehow successful and I am slowly regaining my social reputation. So far I have repaid all my loans just from the profits of crypto trading. I have lost my job due to forex trading but now l am living just from the profits of crypto trading.

Luckily, I managed trading not to impact on my level of emotions in any manner. I just trade and leave off before it is impacting into my psychological levels.
327  Economy / Trading Discussion / Re: THINGS THAT CAN'T BE TAUGHT IN TRADING on: June 08, 2020, 04:37:17 PM
Self-discipline and control would be one thing that cannot be taught by anyone because if the person really wants to do something they will do it no matter what happens, no matter what advice that you are going to give to her. They are the ones that would help themselves as well, if they really want to have that kind of characteristic, they should learn to limit first themselves and know what to prioritize.
Yes, in this way I believe most of the aspects of trading could not be taught by anyone so that they will become a perfect trader all of sudden. I mean all the aspects of trading should be learned by own so that it will be possible to become a practice in their trading. If we study something just from books then that will get forget when we are trading. But, when we are experiencing something then that will be definitely remembered while trading. This is the difference between being taught and learning by own.

I have studied lots of materials related to trading and also watched plenty of YouTube videos for making myself get ready for trading. Unfortunately when I got into live markets, I started like never seen any lessons/materials related to trading. But I started live markets with the least capital so that learning has become possible for me because I was not with the live market for profit-making but only for learning.
328  Economy / Trading Discussion / Re: How do you handle losses in trading? on: June 07, 2020, 05:44:58 PM
Taking consecutive losses in trading has led to a lot of blown accounts.

Losses affects us psychologically and doesn't make us think logically.

Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?

Share your experiences and techniques, this will be helpful.  Smiley
Losses are not something I worry about these days because I mind how much I invest in trading. And I know for the fact that whatever I lose I will always recover them after some days, so it's never something to worry about. I only had serious problems when I was still a newbie. And the first time I lost big money it affected me seriously that I decided to quit from anything cryptocurrency for a long time.

I was also angry at myself for choosing to trade cryptocurrency, but I was wrong because I never took out time to learn how it works. After I decided to go back and the first thing I did was to learn everything that I'm supposed to learn but skipped at first. I think when you're losing, the best thing to do is to stop trading for the day and take time to go through everything and maybe you can continue trading tomorrow.
329  Economy / Trading Discussion / Re: do not give up keep trading! on: June 07, 2020, 03:58:01 PM
From my own experience, trading is not something we can blindly believe to achieve something big when we are actually not doing good. I mean you may remain optimistic about becoming good but just keep trying without improving yourself will not help. Because if you keep trading, you may face losses continuously. If you take break to analyse what is actually missing in your trading then you can save your capital and that same capital may help you to become rich if you are skilled enough to trade among less losses.

If you are making less number of losses and more number of profits then there is a point to continue your trading. Just for few losses, you never need to give up. Because, it is a common saying that even professional traders also making losses time to time. So, we never need to get frustrated just because of 1 or 2 losses.
330  Economy / Speculation / Re: Bloomberg: “Bitcoin will approach record high of about $20,000 this year” on: June 06, 2020, 07:56:36 PM
Everyone loves to hear how bitcoin will go up like crazy, plus whenever bloomberg writes about bitcoin they are very bullish as well.
I understand that they are a financial company as well but it makes me question if this is more about media side of the deal.

Who writes this, the person who is more involved in the media side that they want more and more clicks so they could make more money from the banner ads? Or is it the person who is working on the financial part of the bloomberg company that seen how awesome bitcoin is?

Because if it is the second one, at least we can be sure that it is simply a person who is bullish on bitcoin, there are millions of people who are bullish on bitcoin. However if it is the first and it is just media, I think they are writing about "AWESOME BITCOIN!!!" type of deal because they want you to share it everywhere bitcoin related and click it so they could make money.
331  Economy / Speculation / Re: BTC Price might drop now?! on: June 06, 2020, 06:43:58 PM
Right now it looks like the price is not dropping at all, if it was it would have dropped already. Look at the prices right now, the market is very vulnerable since the buyers are out of money and they are not making it go any higher, plus the support is weak as well, so if the sellers wanted to drop the price all they would have to do is sell about 10-30 thousand bitcoins right away and the price would have been $6k as well, use some short futures with leverage on top and we are talking about tens of millions of dollars in profit for them (which they did during $10.2k to $9.2k period) since they are not doing that when they can, that means market is not looking bearish at all.

We are just waiting for the buyers to recover and when they have enough money they will once again increase the price.
332  Economy / Speculation / Re: Now Lot of things to focus on BTC!! on: June 06, 2020, 06:11:47 PM
Bitcoin always had a lot of fronts to fight in, never was an easy thing. Sometimes it is bakkt, sometimes it is libra, sometimes it is halving, sometimes it is pandemic, sometimes it is fee's going high, sometimes it is some famous person on TV saying it is awesome or saying it is scam, basically there is at least 5 things that are mainstream and 100 things that are not so mainstream and just social media talks that has to do with bitcoin and at its current stage.

This is actually one of those periods where bitcoin is having a weird period, it is high enough that we recovered from the pandemic quicker than anything else, but it is also at a risky position because it went up and it failed to continue go up so right now we are at a stage "we should be going up by the looks of everything but who will buy first?" levels.
333  Alternate cryptocurrencies / Altcoin Discussion / Re: List of good ETH forks? on: June 06, 2020, 03:58:35 PM
we also have DAO which is another excellent fork of Ethereum
Is it? I somehow heard of DAO but I was thinking it is kind of stablecoin or something. If DAO is fork of ethereum, we can claim free DAO if we hold ethereum at the time of forking? Honestly I never claimed any ethereum forks. Ethereum classic is existing before I own my first ethereum Roll Eyes. Could you please add some more details on this DAO as it seems worth of claiming some free etehreum if I had happened to hold some ethereum on my MEW at the time of forking.

EDIT:
Hey you told DAO an excellent fork but coinmarketcap is showing something different.
Yes, if there is only one DAO up to the date, this DAO was dead already as per coinmarketcap. Here is the direct link for DAO : https://coinmarketcap.com/currencies/the-dao

Moreover, it was mentioned as token but a fork cannot be a token because it should be a mineable coin if I got the right link from google search Roll Eyes.
334  Alternate cryptocurrencies / Altcoin Discussion / Re: Forget bounties and Airdrops on: June 06, 2020, 03:28:08 PM
The biggest money making slot in crypto space is to be

1. a developer
2. build crypto wallets for new projects
3. find bugs in the system of many new projects

yes some paid for security breaching and all that stuff, rendering professional services is the best way to make money in crypto space now
Yes I do agree that bounties and airdrop are not profitable for the efforts we are spending with them. I have realized that some long time back itself and that is the reason I started looking for other opportunities like freelancing along with my regular job rather than spending time on bounties nor for air drops.

Being a developer/coder is always a good way to make money other than that an easy skill which is possible for most people is BB coding and graphic designing. All the three things you have mentioned makes me to assume that you are a core developer which is not the case for all the people here. I mean there are lots of other methods are available for the people to make money when they start ignoring bounties and airdrops which does not need to be depending on coding around.
335  Bitcoin / Bitcoin Discussion / Re: Recent update about bitcoin on: June 05, 2020, 05:41:43 PM
Hello, I am back to this forum after fighting against corona, finally I can be here again.

So, what are the recent updates about bitcoin and what do you expect to happen in one year from now?
Wow, thank God you survived this Covid-19 virus and welcome back. I don't think much has really happened apart from the price declining to a low when the coronavirus became a pandemic. The price dropped to $3k rate, but as you can see it's already getting to $10k (reached $10k this week, but dropped within few hours).

A lot might have happened, but they are not really something serious and worth mentioning. And from the looks of things you're already an old member and you're good at this. There is no big time constrain for bitcoiners; it means we can cope up easily with respect to gaining knowledge and investments. So, you can easily get your way around and learn about everything you would like to know. Good to have you back mate.
336  Bitcoin / Bitcoin Discussion / Re: Bitcoin donation vs Bank donations on: June 04, 2020, 08:39:13 PM
That's why you should donate to exchanges that are well known, just like the Red Cross, Save a Child, and other big foundations. You're right about banks, there is no way to trace the donations out have made. It's up to the foundation you donated to to keep updating those that donated to them through their social pages or whatever medium they choose to do so, on what the donated money are being used for. Apart from that, there is no way you can tell. And big foundations don't stress themselves with updating you on how the money is being spent, you just got to trust them since that's the work they have been doing for years.

Using Bitcoin and Blockchain is still a good idea. You will be able to see where the money you donated are being sent to and how they are being spent, but you can't really tell what exactly it was used for , if you're not told, you will only be watching the money move from one address to another lol.
337  Economy / Trading Discussion / Re: trade & investment is getting harder and harder. on: June 04, 2020, 07:47:38 PM
If it was that easy we would all be living in big villas and castles. Trade and investment is a business that is literally making your life a lot easier if you are doing it right while also keeping you incredibly busy. If you know what you are doing and you are great at it, you could turn thousands into millions in few years, that means you will never have to work again.

There is around 7 billion people in the world who has to find a way to live, some are elderly and have retirement plans, some are kids so their parents take care of them, some of them are spouses that do not work, but there is probably over 3-4 billion people who work. That means if you are a great trader, you will not have to work at all like those 3-4 billion people, think of how rare a thing we are talking about.
338  Economy / Trading Discussion / Re: Why risk management is so important ? on: June 04, 2020, 06:31:48 PM
Okay you're right, but saying win percentage doesn't make a successful trade, to me that's wrong lol. What else are we doing this for, if not to make enough win and earn money? Yes in a way you're right, it's good to learn how to manage our loss properly. That's very important.

But, the main purpose of everything still lands at making more win percentage. You're doing that because you don't want your loss percentage to be more than your winning percentage. That's why it's important to know everything there is to know about risk management and preserve our capital. I heard that professional traders are making less number of losing trades compared to winning trades. But, that does not make sense after coming across the example you have mentioned Tongue.
339  Economy / Trading Discussion / Re: Don't trade what you can't risk loosing on: June 04, 2020, 01:00:45 PM
Pay attention; If you have plenty BTC like the dude above. It's certainly well, you know how to trade, close to what the dude thought. For this reason, holding is the best option. No way 10BTC will be lost (when Holding), allow yourself to “waste" time exploring. Although he learnt his lessons. Such mistakes should not be welcomed.

We have to keep in mind what we can do to improve not only our own lot but that of those around us. Share your Opinion.
The guy that said he traded 10 BTC and lost it all due to being wrongly influenced, I think that guy is lying. Let's be sincere here, I don't see the possibilities of anyone trading here and losing everything they put in that trade up to the extent of losing 10 BTC at once.

This looks like a joke, I'd accept that you lost 50%, but telling me that you put 10 BTC at once and lost it at once must be a joke. If it does happen, then I have not seen it happen. Unless he was into options trading and forex trading? And maybe he put in 10 BTC worth at once and lost it. That's the area I think it can be possible, because in those two, any money you start trading with will either get profit or disappear for good.
340  Economy / Gambling / Re: bustabit – The original crash game on: June 02, 2020, 06:37:11 PM
Again, I lost everything. I'm sad guys. Recently, a very bad game.

You don't have a good strategy then.
Bustabit is one of the casinos that offer a good many profit to their users. If you are loosing your money so easily then you have to consider again the way you are placing your bets and how effective this is.
I agree that you should not be losing all of your money that quickly here since there is basically a chart that keeps going up and even though sometimes it ends very quickly, you have a bankroll that you should really take care of as well. If you run out of money that quickly it is not really a good strategy to begin with and I agree.

However let's not act like millions of dollars have been lost here since the start neither, people DO lose money here all the time every single day, usually not that quickly, but even if it takes longer period of time they do end up losing all their money. Look at the start of the casinos bankroll and look at all the profits made since that moment, you gotta realize that no matter what your strategy is, there is a huge chance you will end up losing all your money.
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