One of the oldest coins with good development and that now is reacting well to the BTC market changes is DASH, for many they have this coin as a small treasure, or like that sleeping lion, but this time it has risen more than 2 %, as shown here:  DASH appreciated by 3.8% over the last 24 hours, however, it also depicted consolidation on its technical analysis chart. The coin was trading at $232.03 with some chance of an upside above $234.84 resistance. Source: https://ambcrypto.com/tezos-bat-and-dash-price-analysis-21-august/Taking into account that there may be a bullish movement for BTC, DASH would not do badly at all, compared to many currencies, it has achieved great survival in the market, it has resisted strong movements of the market and still continues to give good surprises Thanks for reminding me of this coin, it's possible that it will rise x10 in the future as its supply is very small. According to CMC, https://coinmarketcap.com/currencies/dash/, its supply is only 10,290,865 while BNB and ETH has more than x10 of DASH supply |
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Looking forward to that reality, that's why I never stop investing and promoting Binance as I'm very confident on its future. It's like a ticking bomb that anytime could explode, we have seen it explode already this year when it break its ATH and bring the altcoins competition in a higher level, so expect to see it more in the future as the development continues. I'll go for Binance, it has a huge number of project. Many analyst claimed that in the next few years, it can by pass ETH in terms of number of hosted project. let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?
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If people use it as a currency rather than trading it, it becomes a currency.
Since people trade it more than using it as a currency, it is more like a speculative asset lately.
Most people I know don't want to know about bitcoin's use cases. They just want to get rich.
That's certainly true, mate. Most people are into crypto to make a lot of money, so Bitcoin's main use is more as a speculative asset than anything else. If people used Bitcoin as a unit of account instead of Fiat, things would've been a lot different than what they are right now. Imagine paying directly in Bitcoin without the need to know how much the coin is worth in terms of Fiat. It would enable a truly-decentralized crypto economy just like Satoshi envisioned. Always remember that 1 Bitcoin equals 1 Bitcoin no matter what. If people truly knew the meaning of crypto/Blockchain tech, they wouldn't been relying on Bitcoin as means for profit. Only Fiat's disappearance will make people use Bitcoin as a currency than all the other way around. But we all know this is very unlikely to happen anytime soon. Just my thoughts  "Always remember 1 Bitcoin equals 1 Bitcoin no matter what." This is an empty platitude that doesn't mean anything. 1 dollar equals 1 dollar no matter what too. It doesn't have any practical value knowing this. You need to know the value of money in relation to things you want or need to buy. Does 1 bitcoin buy a bag of groceries or a car? Knowing it's worth "1 bitcoin" is meaningless. Bitcoin is unusable as a currency because no one knows how much it's worth unless they convert it into USD first. Well said, why everyone is interested in bitcoin is because of its potential dollar value in the future, it's a very successful currency that has grown from almost worthless to the current price, everyone will be interested but it seems like the prediction in the past that 1 BTC could buy a Lambo would be happening in the future. Before, 1 BTC = grocery items, maybe 5 years from now, 1 BTC = Lambo. Also, don't forget about the hype, that makes it a speculative asset more. |
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If you understand and invest there is no risk.
There's still a risk as even investing in bitcoin there's always a risk of losing your money. In reality, there's no such investment that is risk-free so let us not conclude there's no risk because we know it. We have to see which project is real. Because real projects will always make a profit. This project will always upgrade their project. Demand will increase day by day. For that, first you need to know how to do real and scam project analysis.
Some projects look real in the beginning but their plan is just to scam investors, it's hard to track that kind of plan, that's why even if it's so hype, the chance of losing is still high. Therefore, we have to learn how to diversify our funds as that's the only way to minimize the risk as well. |
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Anybody talking about how Cade Cunningham the NBA’s #1 draft pick is getting paid his signing bonus 100% in Bitcoin through a partnership with BlockFi? That’s nuts… I can’t believe that this sort of thing is becoming normalized in professional sports. I hope he makes a ton of cash and becomes a major ally in crypto. Certainly others will be following in his footsteps.
Well, crypto companies are going big for their advertisement and partnerships with the sports business, which kinda good thing for us all in crypto space as it gives Bitcoin and Cryptocurrency an exposure for a possible additional adoption. This is gonna be a win-win situation for the Rookie as he were able to make "pretty decent amount of Bitcoin" (I'm quite sure it's a big amount). He can just hold it and come back when Bitcoin hits a 6 digit figure. I've seen a few athletes in different sports who were receiving crypto as their bonuses and as a few percentage of their salary. It will make crypto more popular and of course, the betting sites as well because when we talk about sports, sports betting is always linked to the mind of the gamblers. More players getting into crypto will make the organization aware and they'll eventually adopt as well to compete with the new trend. It's very good news and I believe it will have a long-term positive effect on both players and crypto itself. |
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How about some crazy bet?
Pacquiao and round 1 x70
Pacquiao and round 2 x 50
Pacquiao and round 3 x35
I'm thinking of putting a bet like $20 per bet... what do you think about this crazy bet, is it a good investment for Pacquiao?
Do you know why the odds are high? Because it's unlikely to happen, but if you are willing to lose that money you will bet, of course, it's good to bet on the rounds of the fight, and who knows, Ugas might be like Thurman who got Knockdown in the 1st round, and if he will not anymore recover, that would result to easy money. I might bet on Pacquiao too  . Don't hesitate mate, this is a downgrade of the original fight. |
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If in the future the adoption is big and everyone will accept crypto, then I would rather choose crypto, but I don't think it will happen easily, it will take some time for people to get adopted in crypto and fiat will still be the most widely used in the world.
For now, my principle is crypto is not good for spending, it's good for saving or holding for your future, if you succeed, that's the time you can spend whether fiat or crypto, it doesn't matter as long as you can spend the way you want it.
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I would go with the current reality, it has become a speculative asset rather than a currency. Why? you can obviously see the high price volatility, and that is because people are speculating and they love to trade, we cannot deny that, and the more people will hold, the more the price will be volatile.
I can understand that investors just trying to benefit from the big future success of bitcoin, which is "adoption", but as a result, it makes bitcoin more volatile and unpredictable.
As said above, bitcoin is truly speculative asset than a currency for different reasons. The market is more reactive to speculation made by the influencers. This we can't see with the currency. The markets won't react that easy on someone's words. This makes big money being poured in and taken out as very big money. Here the importance and the core for which the innovation is made gets hidden. One reason is crypto is decentralized and less regulated, so any manipulation is possible and it's very obvious it's happening. Compared to fiat currency, the performance is definitely on how a nation's economy is doing, with bitcoin, we look forward on the future's adoption but even if it's positive, the price does not positively react to it automatically since it's very unpredictable. Being unpredictable makes it a speculative asset than a currency, it's very simple to understand, why would an ordinary person use bitcoin for transactions when in an instant the value could drop, and it will lose the value of his/her money. |
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For ordinary people or beginners, they must panic when the price of cryptocurrency drops. But if you are used to being a trader or investor in crypto assets, things like this are normal. Crypto asset price changes are indeed very fast, sometimes up high and down sharply. This is because pure crypto asset trading is left to the market based on supply and demand. Therefore, always do in-depth research and do financial management before investing in crypto digital assets.
Experienced dictates that in a normal trading places things like this are still normal, it's not always you'll going to see your investment to keep growing, correction will take place to form another barriers. Newcomers need to understand and realize that if they don't want to lose their investment, they need to focus and keep learning deeper about the market that they are taking part in. Not only newbies, everyone should think that way as even if we have enough experience already but we don't learn and improve our skills in trading, we will still experience the same faith of the newbies and we will also lose money. For me, trading is not won by luck, it's won by consistency, and it should not be treated as gambling although we gamble to win. |
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Looks like what happened in 2018 is happening again this year, if it's the same scenario then we can expect a long bear run for the market. Bitcoin dropping below $30k creates panic, altcoins are dumping as well so what can we expect that bitcoin has already fallen below $30k now?
Will we see the same scenario in 2018 or it will be different this time?
For this year Bitcoin will not go down at $30k, this is impossible for bitcoin, if you look at the current stable market conditions, I believe the scenario this year will be much different from 2018. Even altcoins that did not have good expectations this year, actually rose quite well in the market, even though the increase in altcoins was not what people wanted, but what we need to understand this year is that the condition of all coins is good and growing. You are obviously wrong, bitcoin was already dumped below $30k this year, and that is coming from a new ATH which was at $63500, so it's not impossible to dump again coming from $46,000 which is the current price. IMO, if we like to be realistic, let's expect the unexpected. |
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I would go with the current reality, it has become a speculative asset rather than a currency. Why? you can obviously see the high price volatility, and that is because people are speculating and they love to trade, we cannot deny that, and the more people will hold, the more the price will be volatile.
I can understand that investors just trying to benefit from the big future success of bitcoin, which is "adoption", but as a result, it makes bitcoin more volatile and unpredictable.
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I'll vote for Binance because it's a stronger coin and more stable, Cardano just recently rise and create a new ATH, but we have to remember that during the big correction in 2018, Binance made a new ATH IIRC. So with that said, I'll go with a proven coin though it does not guarantee its future.
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I heard in the news that Manny's training is already over today, I'm just not sure what are activities he will be doing a week before the actual fight. I do hope he is really in full condition when he steps up in the ring, and I do hope it's not gonna be a boring fight.
Odds still no other market.
Manny remains a huge favorite to win the fight.
I have checked on 3 crypto sportsbook already, they have the same odds, it's only the moneyline for now and IMO it's not attractive if you are looking for good odds betting on Manny Pacquiao to win, let's wait for a while, just be patient, eventually more markets will be release and that's the time we have to be brave enough putting our bets. |
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Didn't expect for Casimero to get the match and defend his title, a lot of people don't seem to agree and is hating on Casimero for winning but I saw his performance and I feel like he deserves the win no matter what.
The majority of the fans believe that Casimero won the fight, there's a lot of youtube videos on the highlights of the fight, all you can read is that Rigo is boring, he is a runner or he is fully condition in running, there's no devil in the ring, but the beast Casimero is always there to fight. |
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Cryptocurrency, you will never panic. You can never survive if you panic about cryptocurrency. If you buy a coin today, you will see later that the price of that coin has gone down a lot You will never lose patience.If you lose patience with this cryptocurrency, you will never be able to survive working in the cryptocurrency. So I would say that no matter how low or high the market is, you should never panic.
Don't panic if you want to stay in business, but most importantly, but a coin that you are confident about the team and its potential so you'll be able to hold strong even if the market is bearish. That's the simple recipe for success as some major coins now have also gone through a bearish period particularly in 2018 where most of them dump badly. For example, in 2018, BNB is just priced at 8usd, but its ATH is already $600... so you'll make a lot of money if you held. |
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If you keep the tax on gambling low, more people will properly declare it and pay the tax. There are countries where you have to pay really ridiculously high taxes. And there is virtually no supervision of such practices. So completely pointless. maybe some countries not even charge any money at all as tax.
ya.ya.yo!
And this is the problem with trying to send a message through raising the taxes of an activity, taxes should not be punitive and instead should be nothing more but a way to get some funds for the governments, if they raise the taxes to the point that people think it is ridiculous then there are going to be many people that are going to prefer to play in establishments that are illegal simply to avoid paying the tax, a situation that exposes them to additional dangers that they should not have been exposed on the first place if the taxes were fair to the industry. There would be always cons on decisions which would turn out to be excessive and if they would really be imposing high taxes then we know on what would be the next. It would neither be affecting the gamblers itself or would totally be affecting the business owners as simple as that but expect on what would be the things that they would possibly go. Taxation is normal but in the sense that it would really be that punishing kind of act where percentage should at least be considerable. Exactly, if the government will impose high taxes on gambling, it's either they want to make more revenue while keeping the business alive or they just want to kill the industry as they don't want to put a complete ban on gambling. The purpose is really important, and if gambling operators still continue to operate despite the high taxes, that means they can afford to pay the taxes as they are running a profitable business. |
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right, a trader is like going to school, where we must always learn with the market and not be complacent. because the market can easily stalk our psychology when we feel great. therefore staying alert, sticking to the rules, and always being calm are the characteristics of a good trader, they will remain calm even though profit / loss befalls them
Trading truly is like a school, the most focused and attentive student are the one's who comes out with flying colors, but these days everyone wants to trade without the required knowledge, trading based on luck which makes it looks like gambling, entering at any point and hoping for price increase and this what makes newbies loose in trade and quit saying trading is bad whereas it's someone else profession. Trading is not so complicated IMO, what's more important here is your ability to control your emotion and always stick to the game plan. The trend is very easy to predict, that's why it's always advisable to buy at dip and sell at the peak, some newbies failed to follow it, instead, they do the opposite. |
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I’m heating a lot of Ben Simmons to the Kings talk… Looks like Fox may be on his way to the 76ers. Some of my friends back in Sacramento are already celebrating but I haven’t heard that the trade has been finalized yet. It seemed like Fox wanted out, so this was probably the best they could get for him, but man is he a great prospect to have to watch slip through your fingers. Another DeMarcus Cousins situation.
Any team would want Simmons, but with the Kings, I am not sure they will be in the playoffs again. Well, this would probably make Simmons not too pressure as he will be playing a nonplayoff team, so for the Kings to be in the playoffs, I think that's already a big improvement, and it will help Simmons boost his stats if he contributes as expected. |
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We are in a good trend but we still very far from bull run, there will be some market correction very soon then after that i think we will see the bulls back in the end of quarter 4. So i think we better wait until the correction then we can reinvested in the dip.
I also think that way, it looks like there will be a correction in the near future and when this happens it's time to buy coins/tokens at a lower price than now. I've already lost about $3000, during the correction a few weeks ago, and hope to recover those losses. You'll be able to recover than if you think smarter this time if you didn't panic maybe you will not lose money. The market volatility is still here, we are talking bout high volatility here, and whatever your description on the price movement, whether correction or what, do understand that what goes up must come down, and the market always recovers. |
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