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321  Bitcoin / Bitcoin Discussion / Re: think before investing on: August 14, 2023, 06:05:25 AM
The very first wrong decision he took was to sell his house to invest the money in Bitcoin which is never recommended option no matter how much potential Bitcoin has. One has to only invest what they have as spare money into things like cryptocurrencies because there is basically no guarantee as to when you might get something on top of it or even get your actual money back since the market is extremely volatile and unpredictable as well which makes it difficult for everyone.

And then he invested or traded the money in the market without gaining any knowledge beforehand which is basically the recipe for disaster for a newbie. You cannot gain profits from the cryptocurrency market if you don't even know how the market works and how you can do all the things.
bitcoin trading becomes very dangerous for those who lack knowledge, but sometimes we feel like we want to act immediately, so we don't miss the moment. therefore the things that need to be considered in outline are bitcoin being the main choice in investing, and patiently holding it until a bull run occurs, I think if beginners even though they have little knowledge of practicing it will be safe. the problem is that people tend to get dazzled by new projects that can pump up thousands of percent
322  Bitcoin / Bitcoin Discussion / Re: Bitcoin has nothing to do with crime on: August 14, 2023, 05:55:01 AM
I just find it very unfortunate that media capitalized on this idea, thus increasing the stigma that BTC had been used for criminal activities.
anyone that so saying that bitcoin has been used for criminal activities so bitcoin is for criminal purpose, lack the reason of creating bitcoin and also don't know the uses of bitcoin and he is even confused about bitcoin so he need extra moral classes on bitcoin so he can develop the understanding of bitcoin and can talk about in anywhere. I have heard people saying that bitcoin is meant for criminal activities. They don't even know anything about bitcoin.
Actually, for money laundering or for black market actions, everything can be traced, because in the end they will convert it to fiat, and many exchanges are currently required to do KYC. indeed from the start it was debated that bitcoin has a negative side, so the government is still considering it, until now even the regulations are not clear, and in this case for bitcoiners it is of course difficult to take legal action if there is a criminal action against their assets. but this is something that naturally happens, because wherever there are pros and cons there will always be actions
323  Bitcoin / Bitcoin Discussion / Re: Is bitcoin really not for everyone? on: August 14, 2023, 05:44:29 AM
actually bitcoin is for everyone and all groups considering that it is the same as the currency that we use every day, it's just that at this time the fact is bitcoin is not for everyone, considering that many people are disappointed after investing and experiencing losses and looking for profits from bitcoin this is what is currently becoming the main purpose of people joining. it was caused by a lack of knowledge so selling it at the wrong time. therefore not everyone wants to invest in bitcoin
324  Economy / Trading Discussion / Re: Do you have any methods to do it? on: August 13, 2023, 08:15:35 AM
I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

Anyone who give you advice that day trading is an easy task, I kid you that they are making joke on you because they are leading you astray to a point of no return. This is very easy during the bull run, it's very easy to earn more than $50 to $100 depending on the size of your trades and the type of coin you are trading, bull market is the type of market you can pull anything and goes your way without much in technical analysis but in time like this of the bear market, you will have more to lose with this type of thinking, there is probability of losing everything with out making a dollar at the end of every 24 hours you have in the mind.

Here is what I will gift you for free, don't project the amount you will make in trades, the focus should be based on to only profit and try possible best to avoid loss, if you do this, you will make more than that amount with proper risk management and good coin, some days you will make a lot, some you may make little and sometimes, nothing at all and when you combine them on monthly and divide the profit by 30 days, you will make roughly that amount, provided that you are very good at trading.
the usual thing in the minds of most people, where to go and what was asked in detail at the beginning was the amount of return from daily trading. I think that is the wrong thing, because you have to have a lot of knowledge in daily trading and that knowledge is obtained from our flying hours, our experience in trading. I think for beginners being able to maintain their capital in just 3 months is good, because if we target early profits, usually our psychology will be disrupted, because we are chasing targets, while trading must be done as comfortably as possible
325  Economy / Trading Discussion / Re: ~If you must trade~ on: August 13, 2023, 08:04:43 AM
It has always been the "emotion" that has wrecked even the best of traders. Fear of loosing much and the greed of not wanting to take profit when supposed. Many traders have very perfect speculation of what the market is and the possible outcome but they prefer to violate their own rules by compromising when they see perfection has been achieved.
And that is because trading imitates life, during our life we take millions of decision which do not really change our lives and not much would have changed if we had chosen another option.

However there are a few decisions that can make our life take a turn for the better or for the worse, and trading is exactly the same, and those are the decisions which test our abilities as traders, and if at the time we break our own trading rules then it is likely that things are not going to turn right for us.
the decisions we make must be based on personal analysis so as to result in a decision to transact, so we must realize that the decision carries a risk, so that if a bad reality occurs it will not be a deep disappointment, but instead we can make it a lesson so that later we can fix it gradually, until finally we will have a wealth of knowledge in trading. therefore the key is basically we have to be patient to process
326  Economy / Trading Discussion / Re: Timing and Trading on: August 13, 2023, 07:55:52 AM


Timing and Trading

Timing- I may not know how to define time properly but I know that the measurement of time is in seconds.

Trading- Is buying and selling.

Trading In Cryptocurrency is the buying and selling of coins and it involves speculation of price movement. You can decide to trade in futures, spot, or even buy and hold to sell at the appropriate. One of the outstanding benefits of trade is that you get profits.

Note: Timing is everything to trading.

First of all, You need to know which time frame works best for you. Examples of time frames include; 1 min, 5 mins, 15 and 30 mins, 1 hr, 4 hr, 1 day, 1 week, etc. Please note there are time-frames in between.
To know the time frame that works for you is to practice trading my advice is to use a demo account. The time frame that gives you more profit fits your personality in trade.
I subscribe to the point that timing is vital when it comes to trading, As there are various trading market sections, a trader should be able to know when it is the right time to enter and exit the market, I prefer only trading in two market sections, the London and the New York section during when the market is most volatile to catch up the crazy moves, that is when the Banks and institutions are actively buying and selling,  and to avoid experiencing a situation where you have the market got stuck in one place for several hours due to low liquidity like we see in the Asia and Sydney section.
time does affect market movements, as you described where there is an Asian session, European session and American session, that's when the market opens and traders are usually busier, resulting in greater market fluctuations. but I haven't seen it on the cryptocurrency market, because crypto is a global currency where various countries trade it at any time
327  Bitcoin / Bitcoin Discussion / Re: I see it, I feel it, I know it and it will live forever. on: August 10, 2023, 02:28:49 AM
For what you have seen so far in BTC, do you think it will live forever? and if it live forever will you be part of those who will love to share the good news to people? You opinion is highly welcome.
Even if we are to assume that something is extremely original, legitimate, and has a tendency to last a long time, you and your friends should be aware that nothing lasts forever. Nothing is ever guaranteed to last forever, as is already common knowledge. Consider the life that you live. Have you been promised tomorrow? However, you have been hoping to see and survive till the following day. The same logic should apply to bitcoin. We continue to wish that bitcoin would last through the following day. That has been our belief and concern toward bitcoin
our belief and concern for bitcoin should also be able to think logically, to be honest I also believe bitcoin will lead me to success in the future with the amount of investment I have, but we will not know what will happen in the next second, can it's just that the results will not be as expected, so we must be able to accept it wisely so that our survival can go well. it's the same as beginners who think trading is very easy, after they trade it turns out they don't match expectations, so they have to be able to improve themselves
328  Bitcoin / Bitcoin Discussion / Re: Bitcoin decentralization debate on: August 10, 2023, 02:16:31 AM
if I were you and had a friend like that, in fact it is difficult to give an explanation, maybe I will leave it, after giving an explanation according to our understanding, and he doesn't want to open his mind then I think no matter how hard we explain it, the result will be nil. therefore we cannot force other people's thoughts to follow according to our thoughts even though we are right in their statement, anyway bitcoin with a decentralized system has not been legalized in the country, so there is no obligation to have to follow it
329  Bitcoin / Bitcoin Discussion / Re: Is bitcoin best option to invest on: August 10, 2023, 02:03:32 AM
There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.



I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.
bitcoin is the hope of getting rich but you have to have knowledge about bitcoin investment, real estate is indeed safer and is an investment that has a future, but it takes large funds to buy it, of course people who are already rich can buy it, it's different with me who not yet able enough to invest in real estate, so I decided to invest in bitcoin with an investment amount according to my finances and whenever it can be done, as long as we are patient, of course investing in bitcoin contains a little risk
330  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What if its falls! Will altcoin survive? on: August 09, 2023, 02:55:30 AM
I don't think altcoins can survive without btc, so I think the price of btc will continue to affect the price of altcoins.
some examples have been seen when an altcoin is rising, then the btc price suddenly drops, the altcoin will also immediately fall.

I agree with you, because Bitcoin is the main foundation in cryptocurrency, so of course the price of Bitcoin greatly affects the price of altcoin, therefore Bitcoin price movements will affect market conditions, so therefore 50% more of my assets in cryptocurrency are in Bitcoin, because Bitcoin is the best investment for the long term and definitely give me profit.
the main parameter in cryptocurrency is bitcoin, and as if movements in the cryptocurrency market are based on bitcoin movements, therefore I myself am also penalized if altcoins can survive if bitcoin dies. Of course, if bitcoin dies, it means that the cryptocurrency market will also die. Many investors will not believe it, which will eventually impact altcoins. bitcoin is like a king in the cryptocurrency world, and if the king dies then his troops will run topsy-turvy
331  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Where to invest 7k usdt on: August 09, 2023, 02:42:30 AM
...Maybe if we will do trading, this amount can be achieved using the same capital but the condition is you must be a pro trader first. Another condition is you may not get the same amount daily. In trading, sometimes our income is less but that's better than being zero the whole day. There are still times that our income is higher than on what we usually expect.
There is no guarantee that he will get a profit from trading, since most likely the OP is a beginner and, accordingly, he lacks knowledge and experience. Accordingly, he is an easy prey for scammers, or he will be liquidated if he decides to increase his balance using margin trading.
So, what's the hurry? One shouldn't be in a hurry to earn money because that is an element of making one lose money and waste capital. Patience is needed for anything that you do which you want to have a positive outcome for you, so when you are getting involved with trading, you will need to first learn all the things that are necessary to become a successful trader, learn about the market, it's movements, the coins, and everything else that might be useful and needed.

So, a newbie with no experience and knowledge should first spend some time learning all these things instead of doing everything quickly only to get started and earn profits because it is not that easy to earn money even if you have money to invest, patience is the key, dedication and patience can do wonders for anyone working to achieve something.
being a good suggestion where it is more inclined to invest than trading for beginners would be better, given the lack of knowledge and of course this is a big risk, don't expect that money will grow but it will decrease or run out. therefore investment is the first step for you to learn about trading. most people who are down in the world of trading are those who have big expectations and already have calculations on paper about the profits to be obtained, but after implementation it turns out to be different from reality
332  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any advice for invest my first 600$ in altcoins? on: August 09, 2023, 02:29:56 AM
$600 is quite good enough for investments but if I were you OP I will choose those trusted and known coins which can bring you more profit in the long term and once of the biggest coin in  this world is BITCOIN which is good enough if you have this cause we all know that once it will rise then the price will shocked you. So it's better to have this coin nowadays. And also there are many trusted enough out there like, BInance, Ethereum and many more coins just take a look in to the internet and you will get some idea.
if you choose an altcoin to invest, then I would suggest ethereum and binance for the first, and the rest leave a little capital to seek luck in trending coins so that we can maximize profits in the future, but if we are not lucky then we only lose some small capital and it doesn't mean much, for example if it is invested in sui, which is currently still a lot of discussion about it so we can choose it. and of course the right time to sell must be considered, where the bullish season is the right choice to sell
333  Economy / Trading Discussion / Re: Trading tips that helpfull for beginners on: August 08, 2023, 06:37:24 AM
I suggest newbies invest first in learning about trading and the crypto market in general because knowledge is the main reason why a trader become successful on their journey. And if we think shortcuts will easily make us earn a profit, the answer is NO. But what will happen to us is just to lose our money. We have to accept that trading is not an easy game, we can't make a good profit if we only just know the basics, we indeed need to learn many things while on an actual trade. Whereas, 3, days, 5 days, and even a week are not enough, I would months.
If you want to make a profit by trading, you must take risks. Trading is not possible without taking risks. Traders who are highly skilled and experienced also take risks. As you said good advice for newbies is definitely try to learn, try to learn as well as try to gain practical experience. Newbies are advised to learn trading here and not rely on others' signals.  Relying on others is never self-education and relying on others is like risking money for no reason, so one cannot rely on others.
it's true that trading is not a shortcut to solving economic problems, but for beginners, it's time to learn first, after learning the theory maybe we can start to learn practice, and there it will be seen that there will be many difficulties that will be faced to make a profit. with these difficulties we will gain experience, and in this process we will gradually become more complete as traders, although no one knows for sure how long the process will take because it depends on ourselves
334  Economy / Trading Discussion / Re: Passive income with crypto on: August 08, 2023, 06:20:58 AM
you can do staking in a trusted place, besides that the main thing in my opinion is that we can invest, so that by holding it we will get a lot of profit when the market enters a bullish season. but before that I suggest studying it first before deciding to invest, so we don't get it wrong in taking action that will be fatal. on the other hand, if you want to get daily money, you can do daily trading, that way we will get income, which if the results are calculated, are not inferior to investments, but knowledge and experience are needed for this
335  Economy / Trading Discussion / Re: For newbies and plebs who want to self-study to become "traders" on: August 08, 2023, 06:11:38 AM
For the sake which you said is not better they look for a mentor?
Someone who knows more than them or a kind of school that or institution that focuses on training people to trading independently since most of the resourceful books and videos created over the net and youtube might not be a true way to overcome some difficulties in trading, while some creates those videos to make money but putting up an acts of creating a video on how to teach people how to trade. To me the best advice is to locate someone who is very known to be a trader or an enthusiast who focuses on trading, since beginner are desperate of venturing into trading whereby sourcing information across net and youtube and just as you already said most of them might not be professionals.
Relying on a single source is obviously not the best way to go about it. There is nothing wrong if someone wants to learn things by themselves and doesn't want to enroll in an institution or somewhere they need to pay money to learn, but, they will need to check every single piece of information from multiple sources only to verify if the information provided is correct and isn't false or bragged unnecessarily, this will make their knowledge solid and perfect.

So, someone who learns from YouTube or from a website about trading and studies different practices, analyses, indicators, and other stuff, they should make sure they are checking other channels or websites to see if what they've learned so far is true and correct and not falsified.
by looking at various sources for learning, we will be able to compare one with another, and of course we can objectively assess the concepts we are studying, so that this minimizes misleading knowledge. actually it is more effective if we have friends to serve as mentors, and I'm sure we will understand it more quickly. and after having the basis for that we can develop knowledge according to our own character. Of course this requires a process and we have to enjoy it
336  Bitcoin / Bitcoin Discussion / Re: Bitcoin or banking investment? on: August 07, 2023, 06:02:41 AM
I believe bitcoin and banks are well renounced investment platforms but many people prefer bitcoin investment despite is very risky because of high demands and rising price interest and banks on the other hand saves millions of people finances all over the world yet their investment interest is very small but less risky than bitcoin. Which do you preferred your money to be save in as an investment? Bitcoin or bank! What's your reason?
Bank savings is not an investment unless you have your entire  balance in a fixed saving plans and left untouched for a long period of time to generate certain percentages that are minimal around 10% to 15% highest.
So that can't be compared to Bitcoin which is an asset that has high volatility and in most cases it chart has moved in a particular direction that has perceived to be more up trend than a downtrend and what that mean is that the possibility for Bitcoin to make uptrend price movement is higher than the possibility of decline lose price. So ultimately Bitcoin is a more favorable investment tool compared to bank savings


of course when talking about investing in bitcoin it is more profitable than keeping it in a bank, an increase in bank interest rates is nothing more than an increase in inflation that occurs, but by investing in bitcoin, the increase in value is many times more than the inflation that occurs. therefore, while bitcoin has not been used by many people, the opportunity to invest is very large, moreover, bitcoin adoption is growing and that is the opportunity we should take advantage of
337  Bitcoin / Bitcoin Discussion / Re: bitcoin helps the economy of all circles on: August 07, 2023, 05:52:33 AM
You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Crypto or bitcoin is a financial market, it is not an industry that creates stable jobs that help everyone have jobs and income. Therefore, it cannot have a great impact on the economy of a country as well as the world economy. Just like trading gold in the foreign exchange market, it is only profitable for individuals, I don't see how it is beneficial in contributing to the construction of the national economy.

In order to develop the country's economy, it is necessary to integrate into international trade, promote import and export, and create stable jobs for the people...rather than depend on risky speculative games.
however, bitcoin can contribute to the development of the country's economy if the government supports it. for now, if only the government supports bitcoin, and socializes it, more people will understand and understand bitcoin, that way if bitcoin experiences a pump, the people will prosper and of course be able to help the economy of a country, because of course when it pumps, many people will get rich and that means they have a lot of money to meet their needs
338  Bitcoin / Bitcoin Discussion / Re: I want to surprise a friend on: August 07, 2023, 05:00:36 AM
as a student and of course already have knowledge about bitcoin if from your story, then if I become your friend of course I will be very happy, considering it is an investment in the future and can be used as a business that has a bright future, especially when you don't have money to buy it and suddenly given a gift something we dream of then it will be the most beautiful gift. and of course later I will not forget the services of my friends who are driving the initial success later
339  Economy / Economics / Re: Entrepreneurship and women on: August 06, 2023, 03:15:04 PM
Even though the dominance of entrepreneurs is men, now there are more and more women who are becoming entrepreneurs and are successful. The advantage is that women can be more successful because usually women are more thorough, have accurate judgments and can be more patient. It is only natural that more and more women become successful entrepreneurs.
a woman is given an advantage in her feelings which are more refined, so that they are patient, conscientious, and also have a more careful mindset, but indeed they lose for muscle problems. whereas currently there are many business fields that require the characteristics possessed by women, it is not surprising that currently working women earn more income than men, this can be seen in a family where there are many incidents like that
340  Economy / Economics / Re: The future of Farming. on: August 06, 2023, 03:03:54 PM
It's sad to see what used to be an exporting country and now an importing country, agricultural land is getting narrower coupled with human resources who are less enthusiastic about farming, especially for young people, because they think farming is not a cool job. therefore, with the development of technology, in terms of production, the government should encourage agricultural technology that can increase production even though agricultural land is decreasing. or in my country where large areas can open up land for the development of agricultural areas
It's really unfortunate that something like this could happen to a country that used to be an exporter, now it's becoming an importer. Maybe there needs to be an effort from the government to develop young people in agriculture, if someone thinks farming is not a cool job then that's wrong, in my opinion now farming using sophisticated technology is very different from before.
the main factor that must be addressed is a cleaner government so that people can think about the importance of human resources, therefore even though they are blessed with abundant natural resources, if they do not have good human resources, then it will be in vain. to make a better government is not easy because there are politicians who are sometimes more selfish or group concerned, so this can hinder the development of a country
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