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341  Economy / Economics / Re: Economy after COVID-19 on: May 23, 2020, 08:14:12 PM
Yes sure, anyone that is able to build a solid online job at this time that is bringing steady income will no longer see the need to go out and look for a job after this is over. They will prefer to stay home and do their job and make money than leaving to look for a job. But despite that, I don't think there will be much change, the whole world cannot be working online.

There will still be lots of people who will get back to the normal jobs they have been doing before. This pandemic has showed us most of the jobs could be done within home still many services related things need people to come to a workplace like factories or banks. Only management, teaching and coding/designing kind of things supported people to stay within home and people who are into other jobs must needed to get out of their home to make their economy stable.
342  Economy / Economics / Re: The unfortunate event that is Quarantine. on: May 23, 2020, 07:44:30 PM
OP is a bit confusing, you say that the quarantine wasn't done right, and the next thing you're saying that they should stay home. Seriously, what do you stand for? Or are you trying to say that the government is not supporting or what exactly? The action they took is what they are meant to do, they shouldn't let people to continue walking the street and keep spreading the virus, that would be really dangerous and should be avoided, sadly they didn't avoid it early.

So, the best thing they can do is this quarantine. What worries me most is that despite the lockdown and everything, the virus keeps on spreading. Most countries are thinking about fully relaxing the curfew restrictions so that people start working to get food and everything. Underdeveloped countries do not have any other options except lifting out the lockdown restrictions.
343  Alternate cryptocurrencies / Altcoin Discussion / Re: Which projects do you hold? Which ones do you believe in? on: May 23, 2020, 07:06:46 PM
believe low cap projects potentially gives a much higher ROI.
It's always difficult for me to find small projects that will work out in the future, most of the time they fail. So for now I stopped going for the small projects/coins. The big ones are what I am focusing on, and if there happens to be any project that is getting big all of a sudden, I will look into it and see if it's worth investing in. It's just like what I did in the case of ChainLink; when it started trending I took my time to research the project and understand it better before I started investing it. There are other coins that I am interested in, I do see them on Coinbase and they are really doing well.

ETH is always the leading altcoin in this market, and if you do not invest in it, it is certainly a mistake. Always invest in Bitcoin and ETH first in this market because they are the best projects
I guess most of altcoin believers must be holding ethereum for sure. But, I am not seeing any possibility for ethereum to hits peak levels anymore in terms of BTC prices. It may have value like $2k or more but it would be too hard for it to achieve values like 0.1BTC anymore. IEO's boom definitely scripted the fall of ethereum and its real world application based ICO industry.
344  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about investing in Eos on: May 23, 2020, 06:17:21 PM
hello, i was wondering if Eos can be a good investment for the future ? what are your thoughts ?
EOS is a good coin and the way I see it, it's going to be one of the most successful coins in the cryptocurrency market.
The demand for the coin is already high, coupled up with a solid fundamental and the right team to move it to the right position.

But, I am not going to tell you that EOS will be the biggest in the market , the same way they are fighting to beat Ethereum, is the same way other new projects will be coming up to challenge them in the future. So you never tomorrow, another project might get released and best them in that area. You can just invest now and make the profit when it's possible, but go with the level of risk you can take.
345  Economy / Trading Discussion / Re: Trading mistakes on: May 23, 2020, 10:41:05 AM
I really like the last point you made there. Some people are just following groups and are only reading and hearing stories of people that are making money, while they are not, all they do is just to be reading stories lol. It all doesn't make sense, instead of joining groups and reading stories that would lead you to nothing, it's always best to spend your time on YouTube and Google looking for help.

There are lots of videos where YouTubers take out as much time as possible to teach people how they can perfectly carry out their trades. There are also lots of articles that one can read on Google, and if they are not enough, you can still check online stores for books to buy and read.
346  Economy / Trading Discussion / Re: Why people run away from trading!!! on: May 22, 2020, 06:28:15 PM
The problem of traders starts from within them, lack of patience, greed etc but why can't we just support both side? We have bear market and bull market right? If you can stay between both we will make profits from both, for example, buy bitcoin and hold, buy Usdt and hold, if bear took over then use the usdt, you will get more bitcoins
Yes, trading is not an easy thing to do, there are people who try to do trading and when it doesn't work out for them they stop trading and look for other things to do. There are lots of things to addressed and focused to sustain as a profitable trader; this is the reason only very few people are continuing and most others are quitting it after a struggle.

Just like my friend that tried to be a trader, after a very long time of trying to understand trading, he couldn't get it. He tried to trade a lot of times and it wasn't really working out for him, so he decided to forget everything about trading and go for long term investment (HODL). And it has been working for him in that area, he doesn't have much area and he is also the type that has patience and can invest and wait.
347  Economy / Trading Discussion / Re: Need advice on becoming a successful trader on: May 22, 2020, 04:35:19 PM
If you're trading daily and making little profits, then you should be happy. You people end up losing because of greediness, you want more, instead of taking the one you can afford for now. You said it clearly that you were making profit from the short term trading of one to three days, and you only lost when you tried margin trading.

So, my advice would be that you should continue with the short term trading that you were able to do and make profit, get perfect there and save the little profit you're making and you will grow from there. When you become an expert, you can then look to go further. It means you should not rush toward trading like a pro. Being slow and steady will help. At the same time, gaining knowledge and fine tuning the strategies kind of other works should be taken care.
348  Bitcoin / Bitcoin Discussion / Re: Why Does Bitcoin Have Value? on: May 22, 2020, 03:51:39 PM
I will just go with that utility. Anything can have value as long as we trust and make use of it. There were times people were making use of some fine stones as money and the reason is because they believed in it. And I believe if you're giving one of those stones today as payment you will not accept it.

I think that's the case with Bitcoin; we see it as money and we are utilizing it and that's why it's working out for us. If the community stops believing that it is money, then that's the end of it. Assuming in the beginning when Satoshi created Bitcoin people never believed in it, then it wouldn't have been here today. We all accepted it. But for gaining popularity and to increase the adoption, I guess bitcoin is temporarily having that investment feature. Once bitcoin achieve a stable prices then people will start using it as a money without any secondary thoughts about saving it Cool.
349  Bitcoin / Bitcoin Discussion / Re: Share your stategy how to grow bitcoin on: May 21, 2020, 06:22:32 PM
Because of wrong or weak stategy, most of traders/holders unable to grow the expected amount of bitcoin. Kindly share your best stategy how can anyone grow their bitcoin amount?  I believe, thus we bitcointalkers will help each other Wink
By holding your coins in your wallet you can still make profit, but that will be on a long term as you will need to have patience and wait till the price goes up. If not that, then you will have to rely on other means; trading, signature campaigns, faucets or any other means that you will be required to work and get your money.

Hodl/investment is the only one where there is no work required, you just relax and wait till the price goes. But as for others, you will have to work really hard for the money. Signature campaigns require being active and writing really good posts all the time, and trading requires more serious work. You can decide for yourself, but I wouldn't recommend faucets lol.
350  Bitcoin / Bitcoin Discussion / Re: An inspirational story of a 19 year old boy. on: May 21, 2020, 04:18:35 PM
That's a wise decision that kid made there. I'm quite surprised that a little kid at his age got to know about Bitcoin at that stage, and truly it was worth it for him and he's now a millionaire at a young age. The kid must be a really smart kid, most kids at his age don't think of investment , they spend their time on fun.

The most important thing now is what he chooses to do with that money. I hope he doesn't make the wrong choice and I hope he doesn't become a spendthrift and blow off the money just like that without using it to accomplish big things. This is the time his parents should step in and guide him on what to do. They will as well listen to him and know his plans and then guide and make him understand if he's making the right choice or not.
351  Economy / Economics / Re: MENTAL HEALTH ANG WELLBEING on: May 19, 2020, 08:11:02 PM
You can only have problems from this if you choose to think much and worry yourself about it. Instead of worrying too much about the situation the world is in, you should rather spend your time having fun and doing things that makes you happy.

If you're living with your family to spend time with them, it's not just only about watching Netflix, because there are people who can't afford the Netflix subscription or any of those; you can just look for other ways to have fun while you are at home and you can as well try to have discussions with your family, during or after meal. There are so many things you can do at this time, but worrying is not an option. Just stay safe.
352  Economy / Economics / Re: How Will the current pandemic affect the crypto market? on: May 19, 2020, 07:41:30 PM
Well, people could stay at home and do stock trading as well, they can stay at home and do forex as well, they can stay at home and basically trade everything at home nowadays because there is no need to actually go outside for these.

But they prefer bitcoin a lot more, they prefer crypto a lot more as well. Why? Because crypto became a lot more personal and individual for humanity and everyone feels like they are actually doing something themselves, it allowed people to take their own future into their hands and that feeling is freeing to everyone, they feel like finally they can decide their own future instead of some stock broker in wall street who is trying to make some money from their trades regardless of what the outcome will be for the investor.
353  Economy / Economics / Re: How many people have been panic selling? I didn't. on: May 19, 2020, 06:20:31 PM
There are sales and there are panic sales, to differentiate the two from each other, you can always look at it when there are big sales coming AND afterwards. When there is a big sale that drops the price, that doesn't have to be panic, but when price falls so much that people end up selling after that, it could be panic selling. For example if the price is 9k and drops to 6k, anything lower than that could be considered panic selling.

Of course this is still not a healthy calculation but it does help you out a bit in the end to realize what type of people and how much is sold during those times of panic, not all of them could be panic but most parts are. However one thing is for sure, there are same people who buy while its going up as well, when you see price at 6k that goes to 10k and you see people buying, its the same mindset.
354  Economy / Economics / Re: The End of "USD" as the World's Reserve Currency on: May 19, 2020, 05:17:30 PM
Until now, I have not found a weak point in America, the effect of which is only deadly for the United States but cannot be exported to other countries. America has begun to build India to become an American proxy against China in Asia. America indeed plays god-level politics or indeed officials in other countries do not understand geo economy, geopolitics, and geostrategy.
Weak points against America may not be visible to all of us but power shift from America to a new country or to a new entity may happen in at any time unexpectedly. America is enjoying being a super power without any major production or they are producing only top cream level of things and not the life's essentials. Still, they are able to hold the super power status. I guess when any country which will rise due to actual economy growth then America may not able to hold its power.

There are lots of possibilities dollar to be replaced by bitcoin at least for the part of medium of exchange. I guess the powers of America may be shared by more than one entity in coming years. It will be like USA may not remain as a super power but there are other group of countries will be having that status.
355  Economy / Economics / Re: Some Strategies to Face the Next Crisis on: May 19, 2020, 04:26:18 PM
Recessions and measurements to save us are NOT new to me because by the times of 2008 economy slow down, I learned few thing and I am in plan to repeat the same to safeguard myself if recession happens again due to covid10 pandemic. By 2008, I do not have any big saving but now I have some crypto saving which must be one of the reason for me to be confident about handling any economy slow down situations. I guess cutting down unnecessary costs will be only high required thing, I guess we all need to follow.

As most countries are relaxing the isolation restrictions, I guess world economy is slowly recovering which means there are less possibilities for another crisis. Let's hope for better things to happen like there would be a vaccine for covid19 and no more starving or dying due to pandemic.
356  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto giveaway scams and how to spot them on: May 19, 2020, 02:32:45 PM
This is not the first time I have been seeing these type of scam, I have seen them a lot of times, especially the one of Tesla. It’s only dumb people that will fall for this. In fact why would anyone be doing giveaways and still tell you to send money to their wallet?

Lol that’s really stupid and no one who is truly doing a giveaway will request for you to send money to their address. And the worst part is, they always make use of Photoshop to create fake tweets and then you will see some of their agents come to a Tweet and comment with the picture and a link and say things like 'thank you to Elon Musk, thank you Coinbase' and things like that. And when you check their live stream they always disable the comments, so that people who don’t know, won’t be informed.
357  Alternate cryptocurrencies / Altcoin Discussion / Re: New exchange tokens worth investing on??? on: May 18, 2020, 08:22:12 PM
Well, binance managed to make their own tokens worth a lot, hence people think that all exchange tokens will worth something, but not everywhere is binance so that wasn't really a good idea to begin with. Of course there is still a ton of good exchanges for exchange purposes, but just because you are a decent exchange doesn't mean your token will be good neither.

Moreover raising a lot of money for a project is not easy, but getting all that funding to use properly and actually make that project awesome is even harder, you could raise 30 million dollars which is still something that sounds impossible to me but they do, but even when you do that, spending that 30 million in a way that will make the coin go up even higher than 30 million in market cap is the real difficult part when everyone looks to sell and make a profit.
358  Alternate cryptocurrencies / Altcoin Discussion / Re: Safest trading strategy on: May 18, 2020, 07:00:37 PM
This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.

If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.

List of few good stable coins I use or own

USDT
USDC
DAI
You are right, but it depends at the time. Most of the time I don't bother about buying stablecoins since I'm always a long term investor and when I invest is at the time when the price of Bitcoin crashes to the lowest possible price. At this point in time, what I do is to invest my money and buy as much Bitcoin that I know I can afford to risk. Then I will keep them in my wallet and hold them for as long as possible.

Sometimes I hold close to two years and it has always worked for me, because the price grows as I continue to have patience. If it's not at a time when the price is low, then I will have to buy some bitcoins and stablecoins. It's been a long time since I last bought a stablecoins.
359  Economy / Gambling discussion / Re: Mayor Of Las Vegas wants the whole city open, including casinos and stadiums on: May 18, 2020, 06:25:22 PM
I can't really explain to you how much money is in politics, you think there is some money in it but rarely everyone sees the whole money situation goes around in politics, many people think that there is "some" money in politics but in reality almost all money is in politics. When you are mayor of some place that is as big as Las Vegas, know that you are dealing with billions constantly, and every single decision you make could mean tens of millions of dollars in profit or loss for the casinos.

So, you think casinos wouldn't pay the mayor for making a decision on their behalf? I mean easy to talk now but when someone says "we are going to give you 50 million dollars if you open it on Monday instead of waiting another month" you are going to have hard time too.
360  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 18, 2020, 05:56:36 PM
Was it just me or did teams actually looked good? I mean I would have expected them to be gassed and exhausted and basically not play 90 minutes properly and be breathing heavily and all around just be in bad condition. However I watched the games and I really didn't see too many players who were exhausted to the level where they couldn't finish the game, they were all in prime condition and I would like to congratulate them on keeping fresh while in lockdown.

Obviously they got all the equipment they would need and obviously they had training regiment to keep them at top condition but when you are at home in lockdown, it is always easier to just skip practice and skip eating healthy and just watch movies all day eating junk food, it has to be some sort of special mindset to be always ready and that is a very cool thing to see.
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