In recent days lots of bad news are hearing from usdt and what will be happen if the usdt is a scam,should i change other stable coin,any recomendation for the stable coin?
It is always better to diversify your portfolio and this is also true for stable coins. If you have stable coins, then you should divide them and move them into USDC, BUSD, DAI etc. No stable coin including USDT is 100% save but recently there has been a lot of negative talk about the USDT in social media which makes it even more vulnerable. |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
No, both of them are not shitcoins. There is lot of development going in doge coin and if you study the Shiba Inu project, you will come to know that there have a lot of milestones in the pipeline like a Shiba dex and Shiba swap. You can hold some quality of both the coins as they could give you very good returns in future. |
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Recently, we heard a lot of issues about centralized exchange especially the China crackdown on some centralized exchanges like they have this law for people of China about restricted to have activities on most the centralized exchanges.
And here's the decentralized exchanges starting to make some noise, and I always heard dydx exchange, serum, uniswap, etc.
So, as traders. For you, what is/are the advantage is disadvantages of using decentralized exchange over centralized exchange these days?
Decentralized exchanges are yet not fully established. They have liquidity and high fee problem. Centralized exchanges like binance have a lot of volume and currently there is very less volume in decentralized exchanges. However, with passage of time we will see decentralized exchanges will grow but it may take another three to five years. |
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Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country?
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.
Thankfully, bitcoin is still not criminalized in most countries. While some countries seem ready to start embracing it, others are showing resistance. In Europe, even though the European Central Bank, has sent out a few alerts regarding cryptocurrencies, we still have financial freedom and there is no regulation in place. In my country only now the government is starting to be aware of this new technology, but up until now, no stifling laws have been passed. I hope it stays that way. Only few have legalized crypto but most of them are simply unable to understand crypto and hence they are not clear whether they should allow crypto or ban it. They are just silence in this matter. The government officials think that if they allow crypto, they wont be able to control the money flow. This lack of understanding is a big hurdle in legalizing crypto. |
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Thanks for sharing the list of global Electricity prices.
I live in the Philippines and I can't believe that our electricity is very high despite our country is not a developing county.
I actually start mining but my business is just a small-time, so it didn't push through.
With the prices I saw, I think I like to live in a country where electricity is cheap and start a mining business.
Ukraine and Laos electricity rate is still considered as low, it's good for business but of course, the government has to support it too.
How can you think of mining if the cost of electricity is high in your country ? The mining will not be profitable in this case and you will only waste your money and resources on mining. Also its not practical for anyone to leave the country and settle in a country where the mining conditions are favorable. One has to think on other ways on how to collect bitcoins and one good way is by trading. |
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Anyone have views on this movement that seems to be gathering pace last few days?
Bitcoin is heading towards the bull run similar to that of 2017. If you are old in crypto, you will know how bitcoin moved from Oct - Dec, 2017. I think same is going to happen and we are seeing bitcoin movement in similar direction. Bitcoin dominance is increasing and if this counties, the alts will bleed more. |
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Few projects were so hyped that Axie Infinity had reached on top marketcap coin. It's now 26th on CMC. It's not the correct place to discuss this, but does anyone else fell like that Axie Infinity game resembles a ponzi scheme? You can't just download it, install it, and start playing. You have to buy those axie characters from the game's marketplace. Only then are you allowed to play. Part of that money is used as in-game rewards, etc. I felt like trying it out a little while ago, but gave up on the idea when I realized that it requires an initial investment before you can start playing. If all that is true, the game shouldn't even be in the altcoin sub but in Investor-based games. Just a little off-topic here, but if any games requires an initial investment, it cannot be considered as a ponzi scheme. There are millions of people who are earning good just alone from this game and this might bring a revival in gaming technology. Edit: Note, there is initial investment in ico, ieo , stocks, shares , commodity and crypto trading. |
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True to their word, the ban has been lifted and only licensed miners are allowed to come back online. Unlike China, Iran has embraced crypto mining and since 2020, the crypto mining sector has issued out over 1,000 crypto mining licenses. It is a highly regulated sector. With a projection of providing $1 billion in annual revenue for the country.
That is always expected. Never understand why would any country put a ban on mining. I am sure china will unban crypto soon. When you start to hear all types of good news from every where it is a sign the bitcoin is going to rally up. Bitcoin final bull run is just around the corner.  |
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Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??
The big question is whether this October pump will be able to sustain ? After every pump there is a 15-20% correction and this is important to see when and how big the correction will be ? Many analyst are saying that there will be a correction near 15th of October. I wonder how they analyze this ?  |
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Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here. Please state your proof, like photos why you think it could be up and up? likely if your answer, be sure to add some proof. No hate comment please, it's just to hype you others to hold on to bitcoin is there if a chance that BTC value will go up  as Halloween and Christmas are near!  This could happen well before Christmas. If the bull run is yet to come in this year then we should see 60-70K dollar bitcoin price in November and by the time of Christmas bitcoin could be well over the 100,000$. This will be the best Christmas and New Year celebrations, if it happens but no one is sure yet. |
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The only free VPNs worth using are ProtonVPN and Windscribe. They don't offer as many locations as a paid VPN but they are well known and have gained enough trust. A lot of other free options are only looking to collect data or to use your own internet connection to route other customers traffic.
Seeing all the bad reviews for dewvpn, i have quit the idea of using it. I am trying Windscribe free version currently but it is not totally free. They give you 2GB data only and renew if after a month, if we do not upgrade to a paid version. I am using the browser based extension for Windscribe. That's the best you can get in free VPN. At least they are not spying or using your computer resources, or maintaining any logs. If they give you unlimited free VPN package, then no one will buy their paid packages. If you need more that VPN data, you need to pay for it. Nothing is free , even the internet you are using is not free, right ? |
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Be careful with what you are facing. Trading is like a double-edged sword. If you can't control yourself, it's best to be patient and learn more about this market. I have seen a lot of my friends fail in trading.
I like when you've said that it's better to be a patient person and trading is like a double-edge sword because it is true. People are thinking that the daytraders are earning as much as they can but they don't realize that they're not making a lot unless they've made perfect trades without losses. And when they do, they've been through a lot of errors with their trades and almost given up because the reality is that many of them always get rekt as they day trade. If you are experienced, you can earn not only in day trading but also in swing trading and position trading. The fact is that day trading requires a lot of hard work and you have to give daily screen time in order to get some profit. However you can choose swing trading and get returns in few days instead of daily profit. |
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It is very risky. if we take a loan in spot trading and we go in huge loss then how we return this loan. In this situation it is very difficult for returning loan to the company. If you are a professional trader then you can take this risk to get loan for trading.
The thing which makes it sounds greater is sometimes there several individuals who thought they are pro trader already just after making some profits in short terms, then encouraging themselves to bear the risk take a loan for trading in order to gain more profits. If the so called 'Pro Traders' got profit in trading, they could use that money and the profit to do further trades. I do not understand why they are so greedy and have over-confidence that all of their trade will go in their favor. For me, i wouldn't take a loan to trade even if i know that i could make 2x with my trading setup. |
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What are the things to keep in mind when looking for an online course for trading?
I have no experience in trading course. I have been in cryptocurrency since 2015. I learned to trade on my own. I did not spend any money to learn trading. So I don’t think there is a need to take courses to learn trading. A newbie trader may want to learn trading before jumping into the actual trading. Many people lose money in trading only because they have no knowledge of trading and want to make quick money. Internet and You tube is full with many trading tutorials & courses and what's good is that most of them are free. So if anyone wants to learn trading just google or search on youtube. |
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I'm believing that many traders here don't like using stop loss and the reason is just within our first guess, they don't want the stoploss to take them out.
The reason why out stop loss get triggered in most cases because of two main reasons. 1- We do not take entry at at the support level. If the entry is at or near support, there are chances that the coin will only move up from there. 2- We do not know exactly where to put stop loss. We put stop loss so near to our entry price, that it get filled. |
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This site is just a site comparing Binance and coinbase. A site not asking for any of your information either login details, private key, email address e.t.c can not scam you..
The site is just like a blog post comparing Binance and coinbase.
But we should always avoid going to sites with unknown or shady URL. Though i am not saying the above site is shady, but just by visiting any random site or link, we give access to hackers to trace our ip and other valuable infos. Coming to the OP, the site seemed normal to me, nothing more informative. It’s just a site to get more hits just by keeping coinbase and binance name in it’s domain. The domain name "binance -vs - coinbase. com " seems a bit strange and shady. Why would anyone just make a site and buy a domain to discuss the difference between binance and coinbase. Anyways the basic difference between the two is that coinbase is mainly for the US customers while binance is a trading platform which is used worldwide. |
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Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country?
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.
We all want to see bitcoin becoming legal in our country. I don't think there could be anyone who do not want bitcoin to get regulated and accepted legally. Once this is done everywhere, people will freely use bitcoin for daily transactions. I would like to know the list of countries whom have already declared bitcoin legal. Anyone has the complied list or any site where i can get this data ? |
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Hearing the latest news that bitcoin owned by Satosi is no longer accessible because he lost access to his wallet. It can be said that the bitcoin held by satoshi has been burned and satoshi now no longer owns bitcoin even one.
Many have speculated that Satoshi Nakamoto has damaged his Bitcoin wallet. And the total amount of bitcoin left in his account Has been reduced from supply. As a result, Satoshi Nakamoto will not have any problem in front of people's eyes. That's a baseless argument that Satoshi Nakamoto did not come in front of public because he hold one million bitcoin and now that he has lost that access, he can safely come in public. I think he is not alive otherwise there is no reason from him to hide himself when everyone loves him. |
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Why can't they buy when prices are high and sell when price are in downtrend. Buying or selling in panic will always make them lose more money.
I think you wanted to say opposite. Why they cant buy when prices are low and sell when high? Yes Right, i wanted to write the opposite but this exactly shows what happens when people buy/sell in panic. They really buy high in panic and then sell low in panic too. The people or traders who are calm , they are always able to make correct decisions. |
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