Suppose you are going to start crypto trading and you don't know about technical analysis then how you will manage your trading? Where you will set entry and exit point and the most important thing is that which coin you will choose to trade. Suppose you choosed a scam coin to trade and they failed to pump and you will be in lose automatically. There are a lot of cryptos in the market and all are not potential or a strong project. Also if you buy a good coin but don't have risk management then you will surely can't survive in this volatile market.
So before starting Crypto Trading technical analysis is a must to know. You can learn about it by reading articles from Google or from YouTube.

You don’t need a good quality computer to mine bitcoin, because any office computer or an inexpensive laptop is enough to set up ASICs.
Asics need a special room, because mining is not possible in an apartment. Noise can be overcome with water cooling, but getting the necessary power in the apartment is already a problem. Even if you install ASICs instead of electric stoves, you will have very large electricity bills

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.


 First, let's look at the historical side. Of course, Gold's history is much longer than Bitcoin's. Gold has existed since this world was created. Even thousands of years ago. Gold has been used as money and a medium of exchange since 550 BC in Lydia. While Bitcoin has only existed since January 2009. So Bitcoin historical data is not as far and long as gold.

 The second, we see from side of the creator. The creator of Gold is the universe, and the scientists believe gold came from meteorites that rained down on the earth 200 million years after the earth was formed. While Bitcoin was created by Satoshi Nakamoto , we still don't know who this Satoshi Nakamoto really is. He could be very smart person, It could be an institution, it could be a community group, or even it could be a creation of AI or Artificial Intelligence (My wild thought). We never know who Satoshi Nakamoto is. Bitcoins are man made, it's man-made. But Bitcoins cannot be re-created or increased in number (The Supply).

 The third we will compare the amount of supply. Exactly how much is the maximum amount of gold supply?. We don't know, It could be suddenly find so many new gold sources that can be mined, so when there is additional supply, the assets will no longer be rare and worthless, so in the end the price goes down. While Bitcoin, the maximum supply is only 21 million coins and cannot be added again forever, This is what makes Bitcoin become so rare.

 The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

 Fifth, let's look at the monetary function. Even though gold is real money, money from the universe. And it was once considered money. But in the 21st century, gold has no monetary function. In the 21st century, gold is impractical, not portable ( as I said before in my last topic in Bitcoin Discussion) , and instead of making transactions easier, if we use gold , it makes transactions in this digital era more difficult. Wealth in the form of gold is not easy to move, especially across countries, during disasters, or wars. While Bitcoin makes transactions easier, because it can be done quickly through the Lightning Network, it can even cross countries. Bitcoin is also easily broken down to 1 satoshi, 1 satoshi is 0.000000001 Bitcoin, Zero by zero eight times behind. Bitcoins are also portable, Very easy to carry everywhere, because it's digital, can be accessed anywhere, the important thing is that we know our phrase. The price (value) of Bitcoin everywhere must be the same around the world, and as I said, the number of Bitcoins is limited, while the maximum amount of Gold supply is still unknown. Then about the risk, If this risk context is financial value, Gold is definitely very safe, Because the price is more stable and less volatile, but that doesn't mean there's no risk in saving gold, The risk of storing Gold is that the first is a thief, Yup, gold is very easy to steal. Why in ancient times did many kingdoms attack each other? Of course they were looking for gold. For example, in 215 BC, Rome stole gold from Macedonia, or after the Nazi fell, the gold was divided equally between America, Britain and France. Hmm, isn't it kind of theft too?. Gold storage is also difficult, to store large amounts of gold, you need a special place, tight security, and other thing, it's hard to move Gold in large quantities. Bitcoin is here as a solution to all of that. Bitcoins cannot be stolen. The Bitcoin network also can't be hacked.

Well, I think that’s all information about Hold Bitcoin VS Hold Gold. I really want to give you more informations, But I think it will be boring if the thread become so long to read, So I stopped, but also I think it’s a good way too for opening a discussion. I hope this thread could be a good discussion to expand our information and knowledge (well, inspite of there are people also said that News isn’t a Knowledge, I dont agree with that).

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
 - So when is the right time to buy Bitcoin?


Sources / References :  - https://www.gold.org/history-gold/gold-as-currency
                                       - https://www.bbc.com/news/science-environment-14827624
                                       - https://en.wikipedia.org/wiki/Bitcoin
                                       - https://chinadialogue.net/en/climate/chinas-2060-carbon-neutrality-target-opportunities-and-challenges/?amp&gclid=CjwKCAjwv8qkBhAnEiwAkY-ahjB_SI6Zsh-2s-FJyIT3gm2BuieqXhbF873STTearZIntxLYO63NDhoC734QAvD_BwE

i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today?

A huge day for crypto. I’m seeing a lot of 10%+ gains out there and a big day for Bitcoin as well. I feel like this rally has some legs. There aren’t many more crypto entities for the government to attack, so we’re left with fewer worries as all eyes turn to mtgox. I think once that distribution is made, we’re likely to see the start of a massive bull run.

Years ago rich Arab people were all spending money in other leagues and especially in the premier league they do spend money for these foreign teams, especially in England but recently, and especially in this season they tried to spend money to hire superstar players like Benzema and Ronaldo to their teams.
Hiring these players will definitely have many befits for them and they will have the chance to have better sponsors or marketing power.

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

I bought the other day and we have seen yet another crash since then it feels like there is so much bad news and FUD at the moment.

I feel like having a break as I am starting to feel we could go close to the lows of last year, not sure if we will go that low but could go close so thinking of waiting until we see at least another 10% drop to buy more.

How is everyone else feeling?

All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.

According to evolution of money, trade was first done with the barter system, then it evolved to commodity money using Gold and it's kind,then into metal coins then paper money, later transactions where done with plastic cards, before it's evolved into electronic money and now crypto currency.
 About years ago El Salvador became the first country to adopt Bitcoin as a legal tender and there are speculations that other countries would also adopt it in the nearest future now my question is, with bitcoin being the leading crypto currency is there a tendency that it would become the generally used currency worldwide?

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
 
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

Most things newbies don't know about crypto;

_ crypto trading is not a get rich quick scheme, it's a process and to be a profitable trader you must follow the process.

_ Never borrow money to start crypto trading, because it's very wrong to be trading under pressure.

_ Never give your coin to someone to trade for you, there is a high probability of you getting scammed.

_It is inevitable to hit losses at some point in the crypto market, it's just normal and it happens in any other kind of business.
What makes you a profitable trader is the ability to make more profit than losses.

_ The more money you put into crypto trading the more money you get and also there is a high risk losses without proper risk management in place.

_ Determination, consistency and practice makes you a better trader.
Don't despise your little beginning.

_ Learn to master your emotions.

As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.

This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.

Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?

After the Saudi Arabia League Qatar World Cup ended, they turned their attention to football. They have thought deeply about their country's aim to be known to the world and the Saudi government has more plans. Economically, Saudi Arabia is currently very advanced, already the world's biggest football stars have signed contracts. But they gave more offers to Messi but he didn't go to the Saudi League.But I think the Saudi League is in the current position and in the future they will become the best in the world. Because the Saudi government is currently more fond of football than other managements. This means that the way the Saudi league is offering money to sign football stars will definitely become a popular league in the future.