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341  Economy / Trading Discussion / Re: Crypto agents on the increase on: September 18, 2022, 10:07:57 PM
Crypto agents are not real, you can do everything here on your own without hiring anyone to handle your finances which I prefer the most. There’s a lot of scammer and hacker, it’s not easy to trust someone especially if they are offering a services to you in return of something. If you don’t want to be on trouble, never deal with them and just invest on your own. Cryptomarket is a huge one, there’s a lot of opportunity here so waste nothing.
342  Economy / Economics / Re: "Be your own Bank with Bitcoin" - A reminder why this is so important! on: September 16, 2022, 11:49:17 PM
This news is an absolute tragedy. I was truly saddened listening to the poor woman's explanations. Moreover, the money that the woman wants to get back is only $13,000. Sad A similar situation was experienced by people who could not buy plane tickets during the Venezuelan economic crisis...

I don't think of such extreme situations most of the time, but there are bad times when Bitcoin -exactly- comes to the position of the savior. In such chaotic times, we need to protect our lives first and then our material assets. Our life is entrusted to God, our money is entrusted to Bitcoin. Smiley
Ordinary saver are the one to suffer here the most while the banks are just using our money to continue their business. This is indeed a sad story and a reality that even with the banks, we can’t totally control our money. It’s good now that we have Bitcoin as an option or a crypto wallet, I hope many will start to learn how to use cryptocurrency, this is for the benefit of everyone especially ordinary people.
343  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone else feeling let down by crypto Play to Earn gaming sector ? on: September 16, 2022, 11:00:01 PM
no project has yet brought the perfect P2E concept. as far as I've tracked, at least P2E projects will last 1 year at most and finally they are starting to be abandoned by the community because the main factor is the small reward from game missions and the price of tokens obtained continues because of the incompatibility of demand and sales.
Yes, P2E projects are not really perfect, they only focus on making profits, so they quickly collapse when rewards dwindle or token inflation is too high. If P2E projects can solve this problem in the future, then in the long run, this is really an extremely potential area. Nowadays, the hype is gone but P2E projects are still being created and developed, which proves they are not completely gone yet, hopefully they will return in the next bull season.
There’s no hype anymore but still there’s a chance for them to rise again when the Metaverse thing fully hits the market. There’s a lot of disappointment with failed projects but some good P2E is still working and developing their platform, with recent update on Axie this could be a positive update for them. P2E games without profit is not worth it, i choose not to invest anymore on P2E, i will just come back if there’s another hype.
344  Economy / Speculation / Re: Is everyone ready for Bitcoin's NEXT LEG DOWN ??? Federal Reserve Tightening on: September 13, 2022, 11:49:14 PM
Who is going to ride the next bitcoin crash down Huh

Me I guess.  I'm fully expecting the market to continue dropping for a few months, but I'm not worried about it or rushing to sell what crypto I have.  This is because I also expect it to rise to new highs once the dust settles.  I plan to use the next year of low prices as an opportunity to stack sats and wait for the right time to do something great.  I think the only real concern holders should have is surviving until the next moon shot.
I see chart in connection with S&P 500, Stocks and Bitcoin, it looks like they are moving the same pattern and really depends on the US economy so I think the price will stay on a bear market until the US economy stabilize and made at least a good pump. This is fine, cheaper Bitcoin is a good opportunity to buy more and we should take that opportunity, the whole market is still down though.
345  Local / Altcoins (Pilipinas) / Re: BAB token ng Binance on: September 13, 2022, 10:33:37 PM
Mura lang naman ang pagmint and marami na ang nagtry nito kahit na wala pa talagang idea about this one since Binance naman ang naglabas nito panigurado may purpose talaga para dito. Wala man itong value ngayon pero for sure magkakaroon den ito ng benefits, sa ngayon para sa mga willing mag mint ito pero let’s not expect too much kase baka mahype tayo nito but in the end, more on utility lang talaga sya sa Bianance playform.
346  Economy / Economics / Re: Queen Elizabeth II's death may pose financial constraints for King Charles III on: September 13, 2022, 09:32:09 PM
It’s bad news for most of people from United Kingdom.But we should way forward on the bad incident.The parliament of the UK will take care of the financial stability of the country.Most of the people with less knowledge about the UK will think,their will be instability after the death of the queen.But the crown is just a nominal head and parliament is the real head ,which take care of the economy of the country.
UK is already suffering from a big financial problem with a high inflation as well, and we will see that effect in the coming months since many are still didn’t know what will happen after the death of the queen, that’s a normal reaction of the market though. There’s a king already and they did that to stabilize everything, if something goes wrong then it’s not on the monarchy anymore maybe their government is really having a hard time taking control of their economy. There’s a lot of issues going on, they have to address that issues.
347  Economy / Speculation / Re: bitcoin is already in the future, i've been hiding for too long on: September 13, 2022, 09:09:04 PM
I also sold some Bitcoin before because I’m already with my profit by that time and I don’t regret any beside I didn’t leave the market because I’m still here buying and selling Bitcoin if there’s an opportunity to make money. We all lose opportunities but that is not a good reason to give up, the future of Bitcoin is still here don’t ignore this opportunity again to buy Bitcoin, the price will surely rise again.
348  Economy / Trading Discussion / Re: leverage trading method and psychology on: September 13, 2022, 12:35:43 PM
I am going to tell you right now that there is no indicator out there that is correct 95% of the time or even 80% of the time. There just isn’t.

You most likely back tested a small time period or your conditions weren’t based on real world conditions with slippage and actually getting a fill at your price.
TA works but not all the time, the market can go on a different trade against your analysis so it's true, it's not a 100% correct all the time and that's why you need to adjust accordingly and have a good strategy to minimize your loss, probably a stop loss can be a big help. Leverage trading is not easy, and increasing the leverage doesn't guarantee any profit, think if you can handle the risk before you proceed, there's a little margin on that and you might get liquidated easily.
349  Alternate cryptocurrencies / Altcoin Discussion / Re: SWEATCOIN on: September 13, 2022, 12:27:54 PM
what did you guys see about sweatcoin hype

will this last forever?Huh
Hype is not forever but the project looks interesting considering its current trend.
You can ride the hype right now while the price is still cheap and while the price is still pumping because for sure if there's no development anymore with this project that is the time for its price to dump and many investors will leave this project right away. After reaching the peak today, now it's on down again so be careful with this volatility, this could be manipluated by the whales with a help of the hype.
350  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Trident Protocol on: September 12, 2022, 10:42:05 PM
Project manager does not show that the project he promoting will be secure Project. Previous many projects scam with hunters and some project failed also. Ratio of scam and failed project is lower then other but we should do our own research also. Investment in new project is Risky and we should be careful with this

This is actually beyond the control of the manager if the project turns into a scam later on but looking at this Trident protocol, it looks interesting and I'm quiet curios about their future plans. Beside, this is being managed by one of the best manager and for sure they have done early investigation for this project. Let's see if Trident protocol will be able to attract more investors on their project, they are still working for this project.
351  Local / Others (Pilipinas) / Re: Forex vs Crypto trading on: September 12, 2022, 10:24:59 PM
Nagsubok din ako ng forex way back 2017, hindi rin naman ako masyado kumita dito, kaya sa crypto na rin talaga ako nag focus.

Hindi rin talaga kakayahin ng schedule ko (baka yung iba kaya), kaya ayun ang givve up ako.

Pero it's good to hear na marami parin ang interesado kaya lang katulad ng sabi nyo, ingat ingat sa mga scammer dyan.
Schedule den ang problema ko though some have their own bot feature pero sa tingin ko is hinde ren sya compatible sa akin.

Di naman ako totally nag trade ng forex, umattend lang ako ng seminar before and from there inexplain naman nila yung possible scenario. Mas ok paren talaga yung Crypto trading since mas flexible ito and mas maraming option. With regards to TA analysis, almost the same lang naman and sa tingin ko mas ok paren talaga si cryptomarket.
352  Alternate cryptocurrencies / Altcoin Discussion / Re: Is web3 scam? on: September 12, 2022, 10:18:34 PM
Hello,
Is web3 scam? How about https://web3isgoinggreat.com/?
Is web3 vs Blockchain?


Thank you.
Web3 is not a scam but for sure many scammer will take advantage of its hype and will create their own Web3 platform simply to do the scamming so you still need to be careful on dealing with this kind of development. Web3 will be the new trend, many projects are looking to expand their technology into Web3 so I see this to hit the mainstream by next year. Invest on good projects, look for the top coins who are already working with Web3 and other top companies, they might be the next gem for you.
353  Economy / Trading Discussion / Re: Going 3x this month for swing trading worth it? on: September 12, 2022, 10:11:13 PM
Yes its quite risky. 3x leverage is a conservative I saw some with 50x to 100x and its movement could be way more profit but also a huge risk to being liquidated. $1k usd is a huge money, so thinking of using that on spot trading and risking it with potential multiplier on altcoins than a very dangerous approach of future trading.
To minimize the risk, you should know how to trade properly and if you think futures is too risky, then you can always go to spot trading and plot your trading strategy there. This is cryptomarket, there is always risk on your every trade so choose what risk you can afford. $1K is already a big capital to start trading, don't be greedy and trade consistently, your profit will come once you already have good strategy, keep working on that.
354  Economy / Economics / Re: India as a developed country by 2047 on: September 11, 2022, 10:57:52 PM

india is close to becoming like china today, they are also manufacturer of many things that are exported in many part of the world. 2047 is a long way, this will give him more time and all they need is just to play it right being neutral in conflicts.

india needs the support of gas supplier to run the industrialization, russia proving gas price discount up to 30% puts the country in the advantage. modi is quite a great leader for them.
They really have to remain neutral but of course we can't also deny that India is already a power house when it comes to military, they even export some military equipment to other countries. It's good that India is finally having a good time when it comes to their economy, they are being managed perfectly and there's a higher chance for them to be on top as well along with China and USA. Those manufactures who leaves China moved in India and that's a good advantage of being neutral.
355  Economy / Trading Discussion / Re: 3400 % ++ ROI in a month , trading competition in Indonesia on: September 11, 2022, 10:42:50 PM
Those are real traders and usually, already in the market for years now. I see them as an experienced trader who already knows how to handle their emotion towards the market. There's also a trading competition in my country, but I didn't see such kind of ROI in just a month, maybe crypto market really gives that ROI especially if you are able to follow some trend that is unexpected to happen. Kudos to those traders, and hopefully they can also share their strategy to the public.
356  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance released its BAB token on: September 11, 2022, 10:37:45 PM
Is this the new feature for security? I just don't get the purpose of this token though if the reason is not to transact without the consent of the owner, I think can work better but if it's just a utility token for what purpose? I wonder if this token has a real value since I read some NFTs like this before but I don't know if they are able to market their technology or they just remain as an NFT itself. Maybe I spend some time reading more details about this update, I'm sure BNB knows the importance of this and it will serve its purpose eventually.
357  Economy / Trading Discussion / Re: What's next for cryptocurrency? on: September 09, 2022, 11:27:59 PM
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
The next target is to continue breaking the resistance, BTC tried to do that multiple time but failed to break it and right now with a hope of this new trend, BTC is aiming for a new peak for this trend again. If we are bale to touch $22k and go beyond that, we might see Bitcoin at $25k before the month end. Anyway, this is useless if you are not accumulating, so better to join the market trend now and if you see the price is reasonable to buy, better to do so.
358  Alternate cryptocurrencies / Altcoin Discussion / Re: Queen Elizabeth and Cryptocurrency on: September 09, 2022, 10:57:17 PM
Every great person has always had a great influence on the economy. Moreover, we know that Elizabeth is the queen of England, which everyone knows.So with his death, many of the coin makers used it only for their personal gain.Like creating the coins you wrote this. So be careful guys
This is an obvious attempt to scam people, and not a real project itself.
Anyone can make their own token easily, not if you want to be a victim of those fake creator you can have their token to commemorate her majesty. Personally, I don't want to waste money here because I know it's just a scam project, maybe you can buy physical things where you can remember her reign as a queen but not on a useless token like this.
359  Economy / Economics / Re: MONEY IS THE MOTIVATING FACTOR, what do you think? on: September 06, 2022, 11:03:35 PM
Money controlling you is not good at all, it can lead you to your worst side so better to control your emotion as early as possible. Money following your footstep is good because that only means you are doing well and you work hard just to be more profitable. We all work for money, but of course we have to see that differently and will not let money control over your. Money makes more people more happy, but it’s not the only source of happiness so don’t be greedy.
360  Economy / Speculation / Re: Purchased at $23,500, when should I start to panic? When should I average down? on: September 06, 2022, 09:58:42 PM
Now you have to be more patient and hold longer.
The price is down again but you should not sell at panic instead buy again later on to average down the cost. $18k might be more possible to happen now because of so many failed attempts to break the resistance. BTC can still go down though. If you are just doing trades, it’s good to always have a cut loss price so you can know when to stop but it looks like you are still not familiar with the market, and miss to sell short.
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