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341  Economy / Trading Discussion / Re: Daily trade Vs long trade on: October 24, 2019, 01:34:53 PM
Determine the right strategy for your understanding first.

if often online, daily trading can be run with a moderate to low percentage of profit. Don't expect more and have to divide the order to avoid confirmation from the failed chart. Long trades are good for high profit percentages that are analyzed 1w but must be critical with daily charts too. Both can run if it is ripe in reading the open position
Day trading or short term trading is often recommended to be carried out with altcoins and we all know that altcoins easily fluctuate daily but do not show significant increase or decrease in value. So yes if you want small profits but frequently then go for altcoins but if want some huge profit, and then go with bitcoin trading but it requires time.
342  Economy / Speculation / Re: BTC- When it back to 20k on: October 24, 2019, 10:52:19 AM
Many had bought btc during that price, the point is we cannot tell when it could it back to 20k. In my view, if not this year probably by next year, the market suffers from downfall. But, let’s not end our hope in this market condition and for sure btc could surge up again. Selling at this stage is not good since you have bought it at a higher price.
There are maximum chances that bitcoin will be pumped to dollar 22k by the beginning of next year. Even if it does not touch the value of dollar 22k, but still it is going to go for some price that will make people enjoy possessing bitcoin. By the end of this year, we shall buy as many bitcoin as possible to enjoy next ride to moon.   
343  Economy / Economics / Re: Economic situation around the world and Bitcoin on: October 24, 2019, 10:10:56 AM
yes of course, technology is developing rapidly, and so is the transaction tool, in my opinion some countries will also adopt the bitcoin system, for example Indonesia, which has legalized bitcoin because they already know the potential of bitcoin itself going forward.
Not only this that bitcoin is getting legalized all around the world gradually but also there are states that are pondering over setting up bitcoin ATMs so that more and more people believe in this currency and it becomes convenient for people to use this currency on daily basis. Indonesia will experience great improvement in economy soon.
344  Economy / Economics / Re: Are Cryptobanks Future? on: October 24, 2019, 02:07:45 AM
If bitcoin have regulation by government  I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
true that you submit a crypto currency bank can be formed if the legality of the government and of course the crypto currency becomes a valid currency for transactions in the economy and possibly going forward with the times and technology all that can be realized crypto currencies and crypto currency banks will become legal
Updating the existing system according to the difficult especially if the bank is a counterpart to cryptocurrency. today the bank itself also opposes the existence of cryptocurrency to further develop for various reasons. and in my opinion later on this development depends on everyone whether they are helped by crypto or not
This is nothing going to be difficult for banks to cooperate with crypto currencies because if they think in a smart way, crypto currencies are capable of producing countless customers of banks and definitely banks can earn from transactions. This may seem impossible right now but in the coming years, this is going to happen.
345  Alternate cryptocurrencies / Altcoin Discussion / Re: Many ICO / altcoin scams? on: October 23, 2019, 11:22:03 AM
Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

But unfortunately the dishonest people in crypto world had overshadowed the honest ones thus painting the system in a bad light, moreso making the ecosystem more riskier for investment I quite agreed with you on protecting ourselves against scam possibly by investing with the amount of money we afford to lose so as to be on a safer side.
Still, the number of such fraudulent is increasing and therefore it is best to not even think about trying out new options. I really don't get why people choose ICOs and stuff when they can go for bitcoin or ethereum. If a person is serious about earning profits with the help of digital assets and opportunities, he should not waste his time on new projects. I honestly suggest to put efforts in bitcoin.
346  Economy / Trading Discussion / Re: Buy now Bitcoin today on: October 23, 2019, 10:05:20 AM
Good for making technical analysis, I'm the type of person who trades by trusting the latest cryptocurrency news. In my opinion technical analysis by marking a history of corrections and bulls does not mean 100% happens, we also have to consider the influence of users and news.
If your trading entirely depends on latest crypto currency news, I am really worried if this brings profits or there are times when you came across losses too. However, if you understand the market well and the behavior of your digital coin too, you can come up with the right decision after getting the latest news. There are so many factors that needs to be taken in account, but for benefits, one must learn patience first.
347  Economy / Economics / Re: Big risk ,big results. on: October 23, 2019, 08:55:56 AM
A guy bought a very big house, which triggered an argument on a telegram group.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
A lot of people really like to earn much faster, that is why they are risking huge capital but it is unsure and really dangerous. Unlike using small money or small capital, it is much okay even it is a slow progress because you are just just minimizing your risk and you are just preventing yourself to get empty handed or bankrupt which is much safer.
I am really not a fond of ICOs. Having small amount is not problem but wrong investment is.  It is not like that ICOs cannot be an option but they really don't return any good profits. What is the use of wasting time on such things. It would be much better to go for bitcoin and some good altcoins so that at least, even little amount you have will produce some good profits in the end. No need to upset oneself with small amounts.
348  Economy / Economics / Re: Private Coins from banks and governments on: October 23, 2019, 08:25:56 AM
I do. However the most important attributes of any money I would use are:

1. Decentralized ledger.
2. Open source code.
3. The inability of any entity to have greater access.

Such a coin would be a Frankenstein monster that the banks could not control. It may just come back to hurt them.  And how are they going to make money from this system? Who is paying for all the infrastructure? And why would I use a banks coins when I could have universal money that works in any country?

I totally agree with this opinion. Banks will not develop their own crypto because they cannot manipulate crypto at their own free will. It's way too transparent.

It's not only about manipulation, it's about the profit, that is the main mechanism that stimulans banks. At their current estimation their own coins wouldn't be supported at the market by the users and wouldn't give them profit. In fact the impact might be just the opposite so banks will not decide to go into such adventure.
But then we can also not deny the fact that banks will have to accept digital currencies for their survival in the future. I agree that a t the moment bitcoin and altcoins are not mainstream but the have become famous gradually and are future of money. Either banks will introduce their own coins but obviously, the features would be none different than paper money or they will support few digital coins.
349  Economy / Gambling discussion / Re: How to be profitable in sports betting? on: October 23, 2019, 08:08:27 AM
Well you're right but I dont often follow where majority of people bet.

Sometimes you dont need to go with the flow, its a must to have your own understanding and experience.

What I always did is to watch the previous game of the team to have an idea on which of them are likely to win.
This works properly and this is part of the analysis that every sports bettor must do. Going with the crowd sometimes is also working but you don't have to be dependent with them as if they are the ones that will decide your bets.
Yups sometimes going against majority Is also effective because crowd is not winning everytime so make decisions that dictates by your instinct and not from other people
Quote

Getting the news, reading updates and watching their latest games and changes will make you able determine on who has the highest chance to win.
And it’s better if you really knew the teams and what’s their capacities so the advantages will always be yours because you can speculate the outcome of each games and may profit from what you have learnt specially when there are new players that has good skills ,it will effect the whole package of game
Well in my life I always take decisions on the basis of my own experience and my own skill, I never follow the crowd and whenever I do my own decision it always proves helpful and I get successful in that decision, in my opinion one must not go with the crowd he should have to decide what is right and what is wrong because sometimes the crowd might be wrong.
350  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammers are to be blame on: October 23, 2019, 02:33:41 AM
Investors believe in IEO like Binance because it already has the legality and a real team. Different from the lively ico there is a good one and some are deceiving. They seemed to manipulate the team so that in case of fraud they were not sought. Altcoins will be hard to climb because of that, it is hard at minimalizing nowadays.
So investors now prefer the more secure IEO than the risk of fraud.
When the bait is obvious, never take it. The whole reason behind scammers giving good offers is to attract investors and make them give away their money. Whenever the reward is extraordinary sweet, just skip it. In my opinion, it is not scammers but the person who is scammed to be blame as he must be smart enough to not get caught into such tricks. Choose the best options like bitcoin or ethereum.
351  Economy / Trading Discussion / Re: 5 Reasons why I am buying Bitcoin!! on: October 22, 2019, 05:34:09 PM
This is my top 5 reasons why I am buying bitcoin:
1. Because it is decentralized and I can do whatever I want.
2. Bitcoin for me is still undervalued and I am confident that this current price will be multiplied in the future.
3. Bitcoin is easier and less hassle than scam banks and other financial forms.
4. Bitcoin as a decentralized form cannot be controlled by the banks and the governments.
5. Bitcoin supply is fixed unlike the unlimited paper fiat money generated by banks and governments.
You have nice reasons why you are buying bitcoin. For me, the reason why i am buying bitcoin because it is good for a long-term investment that i could make a bigger profit. I think most people who uses bitcoin has the same reason why they buy bitcoin for them to make bigger profits so they could provide their necessities. Also, bitcoin is also good to used for online transactions because it is less hassle.
This is the main reason why bitcoin become this much famous. Everyone wants to become rich and bitcoin provides us a simple easy way. By simply buying it and holding for long can make a person very rich. There are many examples who were able to improve their financial standard with the help of bitcoin. But an investor should never doubt his investment and avoid panic selling to stay away from loss.
352  Economy / Trading Discussion / Re: Top bitcoin trading strategies on: October 22, 2019, 04:09:51 PM
The strategies that we should use are depends on the trend of the bitcoin. Buying at the breakout is also good strategy and my winning rate using this strategies is high.
As humans, it is not possible to never get worried. Bitcoin holders also face this problem but they understand the potential of this coin. The credit goes to bitcoin for this. As far as altcoins go, there are only few that can be trusted and even among those, one or two are able to return good amounts of profits. Moreover, altcoins highly depend on bitcoin for their value and progress during pump.
353  Economy / Economics / Re: A cryptocurrency with volatility can't be used as money on: October 22, 2019, 03:23:44 PM
For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.

What do you think about this argument?
for this reason many people disagree with the use of crypto as a means of payment. the ups and downs of prices that occur quickly make our assets unstable. however, some countries do not mind if bitcoin, or cryptocurrency with a high degree of volatility is used as an investment tool, because it is already widely used. however, despite that, there are still so many people on the internet using cryptocurrency with volatility as a means of payment for investment purposes, or fast delivery.
If we look at the main purpose behind why people are investing in bitcoin and good altcoins, then we can make this conclusion that it is profit they are after ultimately. It is all cool that we have digital currency in our digital wallet and can buy things with it by direct payment but that is not the aim of holding them. Volatility is the whole reason why we have bitcoin produced millionaire with us now.
354  Economy / Economics / Re: Europe is against Libra. Who else? on: October 22, 2019, 02:08:35 AM
The crypto community are on Libra project in which all are waiting for the Facebook decision if they will still continue their project or not but i heard that they are contacting and negotiating new strategic partners to replace those payment companies who pulled out from the project so lets just wait and see then of what will be the faith of this Libra project.

As per the latest available information, they still have one payment processor supporting them (PayU of the Netherlands). If they could bring in more partners, then it will strengthen the project without any doubt. And Facebook is one of the largest corporations in the world and they should be able to convince some of the medium level players in this field to join them.

Naspers just recently released a statement confirming its continued support for the Libra project. To clarify a little bit, PayU is the online payments division of Naspers and currently they are the only such company still present in the Libra platform (after the exit of PayPal, Visa, Mercado Pago.etc). And PayU is not a small player. It has market coverage in a large number of nations.
In that case, we can say that it will take some time before Libra is really out of the game. Now that you know PayPal and many other big names stopped supporting Libra then I assume you also know the reason behind doing so. Clearly, no one gave the statement for leaving Libra project in the middle but if you ask me, it is much better to go for bitcoin instead of some currency being controlled by an organization having links with agencies.
355  Economy / Economics / Re: At which price will loose Bitcoin the dominance in the Crypto Market? on: October 22, 2019, 01:42:00 AM
The dominance of cryptocurrency depends on how many people do transactions on the market, this is not only buy but sell too. So the market is filled with people who want to buy and of course sell, in this case the market is more dominant to bitcoin because of that. In my opinion the value does not have a big impact on who is more dominant, this is purely the interest and profit that can be obtained by users who have chosen the bitcoin market.
Like you have said, it is all about selling and making profits. No coin is as good as bitcoin when it comes to giving profits. As far as I know, there is a kid who became millionaire due to bitcoin because he bought it when no one was willing too and then sold few of it when it touched a high value. Erik is the name of kid. No one can give us as much money as bitcoin and it will remain dominant forever.
356  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: October 21, 2019, 03:42:38 PM
Maybe the richest person is the one who are making gambling as a profession because they have a lot of funds to bet or gamble. They just gamble their money and they earn while sitting and just playing in some casinos. You can meet those people in the famous casinos that they are the one who are just playing and they earn money. For me gambling as a profession is a hard time or a big risk taking because you can lose a lot of money by this and I see a lot of people down on debt because of gambling.
Well but I have seen a lot of the richest gamblers having their own major business or any other industries, they have not made gambling as their source of income and I have seen them while betting a large amount of money, they are known as gambler and businessmen by their profession, so I think a gambler should not only rely on the gambling but they should also have some other source of income for living.
357  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: October 21, 2019, 09:14:19 AM
Every holder does not think like this but you just spoke out my mind, If I do so now I will be in huge loss so I will not sell my altcoins. I know its been a long time holding the coins and portfolio continuously losing value month by month and it gives disappointment to anyone. At present Btc is dominating the market but we can not expect the market without altcoins too.

I am also against the idea of selling altcoins at the moment. Even if altcoins are not as good a digital asset as bitcoin still loss is a loss. As far as the dominance goes, bitcoin has been the leader of digital market since beginning and it is the whole reason why altcoin were created and why people put trust into them. Even after so many years, there are only few altcoins that are trusted by investors.
358  Economy / Trading Discussion / Re: 3 things should not be too in trading on: October 21, 2019, 08:53:04 AM
one more, many people said that trading is a game, but i think that's wrong. because if it is a game, traders just do it for have fun, not serious to do
so, having perspective trading is like game should not do by traders. because wrong perspective can affect so much in the trading OFC
trading must treat like a bussines. focuss, accountable, keep learning, patience, hard work, research
Being emotional is one thing and taking decisions out of these emotions is other. We all are humans and this is impossible to be a robot for us. A trader can skip panic selling if he truly believes his asset and follows the simple rule of buying low, selling high. However, if a trader is trading with a new token and expects it to be a reliable and profit promising like bitcoin, that is not possible.
359  Economy / Gambling discussion / Re: Do you think Voodoo works in Gambling Games? on: October 21, 2019, 02:44:47 AM
-snip-

Perhaps, that person is very desperate on how to win in gambling games. They tried to believe in voodoo and try to use that "magic" to help them to win. . . . So perhaps, voodoo is still used by some people who really believe in that thing.
Yes, there may still be people who believes in voodoo while gambling. Apart from being desperate, as you have said, maybe they believe in such because they had the experience. I mean, they used voodoo before and then it worked well with their gambling, they won. That's why they continued that belief. Maybe a big setback is the only thing to change their minds. Or maybe it won't. Who knows, right?
In my honest opinion, nothing really works hundred percent of times in the world of gambling. People have developed such strategies over time just to find a way out of their frustration. I mean what can control luck. Nothing. Gambling is all about luck. If there were any tricks, then this world would have been full of rich gamblers. The only thing that gambling can bring is bitter experiences ultimately.
360  Economy / Economics / Re: LESSONS FROM CRYPTO MARKET on: October 21, 2019, 02:06:00 AM
One of the major and important lessons every trader, investor, project developer etc must learn in crypto is the essence of exercising patience. Things take time to happen in crypto and that is why projects have road maps which shows the series of developments the project will go through before reaching the full potentials. Hence, only investors who are patient enough to wait enjoy the full benefits of good projects.
Having patience is really important in all aspect of our life but you should not forget about the emotions. Emotions are also playing a big role in terms of decision making. Even though you have patience but you can't control your emotion then you will not get the best from something. Be patient and as well as control your emotion so whatever kind of problem comes then you can face and overcome it without any problem.
In that case, a person need to practice his patience. After all, patience means not losing your senses due to emotional stuff. A person must train his brain to stay calm under all situations. However, if someone with nothing is whining does not really matter as compare to that who owns assets like bitcoin and does blunders. He cannot afford loss out of some emotional decisions.
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