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3281  Economy / Economics / Re: How in the world we going to restart the world economy ? on: July 13, 2020, 09:21:39 PM
Definitely in the near future will restart the global economy. That's right, I agree that countries have stopped developing simultaneously. Therefore, we will come out of the crisis together. Strong countries will begin the process of overcoming the crisis and pull up the weaker ones. Let's hope that this process will happen very soon. The growth of production, the restoration of individual industries will help us to develop further.
Firstly the pandemic has to be overcome to be able to think about economy and once the pandemic is under control the government need to encourage their citizen by rolling out jobs and policies that make people work hard. It can be either encouraging talents like giving them subsidy or help with them taxation like reducing taxes for new and individual businesses.

I don't think it will be easy to come out from the hole that is already been created but for sure there are possible ways to recover and the economy of growing countries is the worst affected because some Asian countries were on the rise and now they have to start from base again as all the trades outside country are halted and slowed down.
3282  Economy / Trading Discussion / Re: Newbie should trade or not? Please give me idea. on: July 13, 2020, 08:54:28 PM
So many good word for beginners and I feel more confident, as I'm starting to trade now. I understand, that if you loose smth, you should get more. Dob't be afraid.
And also the fact that no one is born as a trader and no one is meant to be a trader it is just the circumstances you live and the life you have led so far which makes you feel confident about something or it makes you feel worried about it based on your past experiences.

Anyone who is new to trading must understand that comparing their profits with people who are doing it since years will not help them as they will feel like they are making some mistakes. A tennis player playing at challenger level should not get demotivated by how good Djokovic or Nadal are but take inspiration from them and move forward.

There is no way you won't met with loss initially but there is no way either you won't learn from those losses if you are serious about trading.
3283  Economy / Trading Discussion / Re: Those that hate risks! on: July 13, 2020, 08:17:40 PM
You'll want to know how to be fear in order to keep you alive and successful in this world. If you are fear of being death, you'll try to do anything that can lead to the death. It is the same in business, if you fear of being failed, you'll do everything to make sure that doesn't happen.  However, the important thing is that you should be able to control your fear. Don't be too fear to take action!
I heard a famous saying that reads as " The biggest risk you can take in life is actually by taking no risk at all"

This means a lot to me because if you are too shy and living a life that is limited to yourself and not willing to take any risks then certainly you will end up living an average life which is fine but since you are given the chance to live once better make the maximum use of it and live like a king.

Myself until my graduation I was living the life of an introvert and I would just not take any risks, adventures or anything that would have any risk but after a few years I was in a bad situation as I was jobless but that time taught me a lot and now I am just not afraid to take any risks as long as they are sensible because there is a difference being fearless and being foolish.
3284  Economy / Trading Discussion / Re: Make Money While You Sleep? Welcome To The World Of Crypto Trading Ai Bots on: July 13, 2020, 07:19:47 PM
If we are talking about automated trading bots, then we need to understand that this is primarily an algorithm. Which acts according to a certain kind of circumstances.
Exactly and hence the OP should not have said that if used wisely they give out 1-2% profits daily because earning 2% daily profit is really not easy based on any algorithms and that is the problem when I see bot developers or promoters saying that it can give 1-2% daily it makes me feel like they are just over confident about their algorithm and software.

I had a friend who lost 5k dollars overnight only because he failed to set the bot up properly, wasn't bots problem because it was my friend who made a mistake, but unless you are a veteran they really don't worth it.

That's right because if even you are using a genuine bot and it is expected to give find returns but if you are not familiar with how it works and what data needs to be entered and how it will work based on the data, the bot can become a loss machine in no time.
3285  Economy / Trading Discussion / Re: Which is Best Trading or Freelancing? on: July 13, 2020, 06:44:49 PM
Well, for the beginning, from those two things, I prefer to trade now. Well, I see the potential to trade more than doing freelancing.

That might be correct and actually no one has become a billionaire by doing freelancing while there are many who became rich by trading so obviously trading has better chances of making big money than freelancing but there are a few things one has to keep in mind.

1- Trading will always come with certain risks and profits might be big today and loss might be massive tomorrow while freelancing means you aren't risking anything to gain small but regular profits.

2- Trading need you to have some risk-appetite while freelancing requires only your time and energy.

Basically it is like no risk less gains with freelancing while high risk and high rewards with trading.
3286  Economy / Trading Discussion / Re: Trading using someone else's funds on: July 13, 2020, 06:13:12 PM
If you are a good trader, you won't use other people's funds, I've seen my friend's trading portfolio. And quite surprised my friend was able
to consistently make a profit of 2% -3% per day, of course I finally offered the money I had to use trading capital by my friend. And the profit
was divided 50/50, but my friend refused it. Prefer to teach me the strategies and trading knowledge that it has. So that's what a good trader
should do in my opinion.
That might be because your friend was afraid that if he somehow ends up in loss with trading he might also have cold shoulder with you and your relationship will be affected because of the trading. I have seen a lot people want to keep trading/business and their personal life separate from each other. Because there are times when money is involved there will be mess and there will be confusion so a lot of people including me prefer to keep personal and professional life apart.

Borrowing money from friends can cause stress for you both because if you take investment from a professional you can always explain them your situation and be straight forward but it is not easy to do the same with friends.
3287  Economy / Gambling discussion / Re: Are there any successful and relatively new casinos? on: July 12, 2020, 09:31:50 PM
New casino and being successful are contradicting each other in my opinion. I mean a casino must take time to serve for this community before this community to assume about its success or failure. So, there cannot be any new casino could be existing to mark as successful.

But what we can have is, new casinos with potential long term surviving capability. I mean we are having lots of criteria for a casino to be fund eligible to play with them; from this we can have list of casino to consider about playing in near future.

In my opinion, wolf.bet must be relatively new and got all the things to play with. Next is windice which is somehow more than one year old and finally mintdice but they are seeming taking more time to launch their version 2 but through campaign they have built good reputation.
3288  Economy / Gambling discussion / Re: What are you doing now? on: July 12, 2020, 08:19:21 PM
It isnt really the same if we do really talk about our previous normal lives yet we know the changes on what this pandemic had gave to us which do really sucks big time.

Yes but in my opinion, pandemic provide time for us to realize and to recap what we were missing in machinery life and how to fix them to live among nature. I mean when we cannot do anything about what pandemic brings to our life, I guess we must need to try make use of it in a way which works for betterment of our daily life. I tried to relaize what I am doing in my routine life and now I start focusing on being a responsibility human in all means.

Establishments and events now are gradually coming back but it isnt really just the same wayback before yet there would be hesitations for you to come into these physical places
Yes, most events are happening behind the locked doors but that is not at all impacting my betting thing which is the only concern of mine, whereas I do watch events on TV rather than preferring to visit venues. So, I do not find any bad consequences but trying to live with what is available to me.

yet you know the risk when it comes to health concern.Its up to your choice though but for me, it isnt really worth to go out as long the vaccine isnt available yet.

Vaccine may not available till 2021 it seems. Hence we must focus on living with all available opportunity right away. Waiting for what we had by 2019, may lead to big frustrations as restoration may not happen one or two weeks of time even vaccine arrives.
3289  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2019/20 on: July 12, 2020, 06:45:56 PM
Dang awesome night last night with all the games. Well I played on other leagues as well and on la liga I had one slip. Barcelona and Atletico, so it wasn't a huge one but I am glad that I managed to get it this week. It has been quite tough to bet on Barcelona lately with all the point losses, but at least they managed to beat valladolid (Messi can't stop beating Ronaldos Cheesy) and that is actually brought in around 2x profit. I wish I played more, played only 10€ on that slip so it wasn't really much of a profit.

Another good night coming with Madrid definitely beating Granada and I think Getafe could beat Alaves as well, only question is, who gets Villareal versus Sociedad game? I would say Villareal but I can't really be 100% sure on that one, maybe I should do a slip with Madrid winning, Getafe winning and both villareal winning and Sociedad winning, two slips, have to check what is the cost of that and profits.
3290  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: July 12, 2020, 04:40:07 PM
I would have understood if Juventus won their game and Lazio won too and Juventus was going ahead thanks to that and Ronaldo getting his penalty every game would have been annoying. However when Juventus got a draw thanks to the draw (and yes the penalty was justified) Lazio still lost their game, they could have won and got 2 more points closer, not that it matters anymore.

We have to accept the fact that there is no team that could rival Juventus just yet, sure maybe in the future there could be, I mean juventus is not made of super stars full of it, they have Ronaldo which is a world star player and Dybala who has a chance to be a super star level player, but all other players are just "great role players" in my book. So, I would say there will be time when Juventus will start to be bad and at that point some other team could make an attack and get the championship finally.
3291  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: July 12, 2020, 04:04:32 PM
Guys there is a common ground that could meet "bitdice is doing awesome" and "bitdice is not doing awesome" I think. We could agree that bitdice is a known casino that attracts a lot of people and has been around for a long time and should be assumed as one of the best known ones in all of bitcointalk as well. Yet we could also say that it has a huge amount of potential that goes to waste as well. With bigger max bet, more coins, more games, bigger marketing, competitions, promotions, giveaways and stuff like that, this place could have not just 6 btc played at the top, but could have 60 btc played at the top.

However doing ALL of that would require not only a lot of money, but would also require a lot more professional staff that works for the website as well, so it is normal to wait for it to take that long.
3292  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: July 11, 2020, 09:22:53 PM
lol nope terrible 7 all weird random people, i bet no one even does 5 tis week
No worries you can try again for next round as we have still 3 rounds more for prize of 1 Bitcoin  Cheesy Grin
Yeah, we have to just keep trying and making sure that we get in our predictions every single week. There are players like Vardy, Auby, Kane that are usually sure to score, not that they score every single game obviously but they score a lot. So what we have to do is predict every single week and hope that one of them really hits, there isn't much else that we can do honestly at this point.

Hopefully we will do something major one day and one of us will win, I really want to see the winner come out of bitcointalk, that way we could also see who won and his picks and we can talk to the winner. If there was a winner so far outside of bitcointalk, there is a chance we don't know the winner. Or if there hasn't been one, maybe we won't be able to know when they win, that is why I want someone from here to win it.
3293  Economy / Speculation / Re: Guys avoid panic sell... on: July 11, 2020, 12:19:36 PM
It does not matter if people experience panic sell, it is still reasonable, because if the indicator experiences a downtrend, participating in selling is the right thing, but you must know the trading indicators before participating in panic sell  Grin
Absolutely right, I had sometimes when I was holding some bitcoin and there was a terrible news about the ban of  this coin in our country, we'll did panic to the market to make some profit from our holdings. This we'll did and wasn't at lose. During those days, nobody would have thought about bitcoin existence but here we are with bitcoin again. The major and serious panic sell off in the cryptocurrency market is when the indicators start showing a huge downtrend. Even the recent indicators that shows bitcoin sliding down to $7k made many to sell off some few weeks ago that brought bitcoin price down.
Panic selling is not "checking the right indicators and if it looks like it is going down further you get to keep going down even more", no that is actually smart decision making that is calculated in order to make a profit. We are talking about "panic" selling which is when people are selling without taking a look at anything and selling only because they saw the price going down and they got afraid and scared and that is why they sold all of their coins.

Hence, why the word "panic" because when you are in panic you do not consider all those stuff, you just get scared and you end up selling it without thinking about it twice. That is all I was thinking, nothing more and I wouldn't really think about the people who are making calculated and smart decisions when talking about selling.
3294  Economy / Economics / Re: China economy and how they handle Covid-19. on: July 11, 2020, 09:01:17 AM
Yup, their government is strict and they always respect their leaders in power. Seriously, you can’t mess up in that place, if you do, you will have your case handled and your ass whooped badly. They were the first country to have this Coronavirus, instead of the number of Covid19 cases in their country to be going up, it’s rather decreasing while other countries where it never started are now the ones that are having growing numbers of Coronavirus cases. Really bad. And by the way, they are not the only ones that did a lockdown, other countries too did a lockdown and it never worked.

As per the latest news, WHO's representatives are arriving China for collecting/finding the root-cause of covid19 outbreak. Not sure where it will end up; if anything against China goes from here, then the chances for economic ban on China is more.

what they have to do is just to follow the model of the China on how they contain the virus so their economy will also recover, the problem is some countries especially the big countries are underestimating the virus so they are suffering now.
That is true. The density of population in China is low (except few major cities) whereas other low populated countries but with high density in one or two cities are severely getting infected and underestimating the virus must be one valid reason here. I guess many countries are still studying China's model on contain the spread of virus but without cooperating from public, nothing is possible to achieve.
3295  Economy / Economics / Re: Current Food Shortage and Economic Decline Caused by Pandemic on: July 11, 2020, 08:15:55 AM
What will be the solution for this?
How we can help our government on this current circumstances?
Does bitcoin or any digital currency could help?
Even if there is food, people won’t still be able to buy food because there is lack finance. It’s when you have money that you will be able to afford the necessary things. Coronavirus has caused a lockdown and lockdown is causing lack of jobs and affecting the economy badly.

Some countries are trying to stop the lockdown and look for other means as to not kill their economy. But when you’re trying to ease the lockdown, cases starts getting worse and increasing, it’s really annoying. Seriously, I don’t know what’s next, but we still have to face it.

I'm not sure what are other bad consequence of ongoing pandemic we are going to face in coming months. It is really getting worst in my country regardless of some countries are lifting lockdown restrictions which lets their people get back into work. My country is also working on lifting out restrictions but job opportunities are not same lie what we had by of January/February time of this year. I guess we may need to face another worse situation than this, only after that some recovery might be happening.
3296  Economy / Economics / Re: Rising tensions and effect on global trade on: July 10, 2020, 08:15:12 PM
India is not the only country that has plans to ban Chinese apps, other countries like the U.S might as well be banning Chinese social media apps. I have been seeing it on the news and the particular app they have been advising people to stop making use of is the TikTok app.The reason being that there is the possibility of them using the app to harvest data from people. I really don’t see anything wrong with that. If a country feels like they shouldn’t allow some applications to be running in their country, then they should ban it. And I have heard that these Chinese apps requests and access information that they are not meant to, so they might be really bad.
3297  Economy / Trading Discussion / Re: Trading using someone else's funds on: July 09, 2020, 10:05:59 PM
Well, I would suggest that you better take loans and promise them a fixed return rather than agreeing to profit's share because I am telling you from my experience when you take loans and trade with someone else money you would always feel under pressure of doing more trades and that is where even the best traders fall apart.

The best way to accept investment from sources is by promising them a reasonable amount of return on their invest monthly or yearly as it suits both parties. This way you do not create unwanted pressure on yourself and once you accumulate enough funds of your own you can always tell them that you do not need more investment, while if you work on profit share you are always bound to work with them.
3298  Economy / Trading Discussion / Re: HODLing is great but why not use Options to insure what you are HODLing? on: July 09, 2020, 09:16:10 PM
This works like having an investment in Bitcoin but risking suppose $ 200, this is how I understand it, but how to do when volatility can currently work for or against us? If we choose the option to risk the $ 200 and it is lost, how to recover that $ 200? risking another $ 200 or do you have another particular strategy?
I'll try to explain what I have understood so far, so basically hedging means you put some funds on the other side too to manage some potential loss. for example you have on buy order like 1K dollars and you see the market going down then what hedging means is you put some money on the other side too for sell order so that in case market goes unexpected you can save some part of the loss.

But, the problem with hedging is that you are also going to cut off your profits by a large margin in case the market behaves in the expected manner and the price changes in your favor. Basically hedging can be understood for gamblers like betting money on Team A and then betting some on Team B to ensure you don't loose everything.
3299  Bitcoin / Bitcoin Discussion / Re: Does bitcoin solve more problems than it creates? on: July 08, 2020, 10:16:28 PM
In the case of scammers, you shouldn't have added that to the problems that bitcoin has brought lol. I have seen and heard a lot of scam stories and 90% of them were not making use of bitcoin or any cryptocurrency at all. So how is that a problem that was brought by bitcoin? There are no places that you won't find scammers, they are everywhere. Recently, some scammers were busted in Dubai, and the news never said that they were using cryptocurrency, rather they were even using banks.

So, does that mean we should say that banks brought the problem of having scammers in the society? No. So let's stop blaming cryptocurrency for scam, you should rather learn how to be careful and avoid them.
3300  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: NEW STYLE OF CAMPAIGN on: July 08, 2020, 03:44:12 PM
There are regular companies who do something like that as well, they do not put a certain amount of hour in between them but the usual one is that you should not rapid fire your posts, I think the reason for this is not to limit how much you can make, but to limit useless posts. When you can post as much as you want, you can probably write 100 posts a day that makes no sense at all, not contributing to anything, doing that just to make money.

However, when you write one post every 4 hours you are actually making a good post because you have more to say about it and you got the time to say it as well. I would say it is logical for companies, but for coin offering I would imagine more posts everywhere constantly and endlessly without a limit would work more because they want to get attention of absolutely every single person.
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