I agree that betting on borrowed money is a bad thing and should be avoided. If it won't get us into trouble, and can have bad effects. What happened to the Indian boy who finally decided to commit suicide after losing money by betting in IPL, is a bad effect that occurs as a result of using borrowed money for gambling. We must make gambling as entertainment, not as a source of income.
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Although ETH 2.0 has not been officially launched, it has only been until the ETH 2.0 deposit contract launch stage. However, the Ethereum price is already pumping above the current $ 400 price, I can't imagine if ETH 2.0 was officially released, I'm sure the Ethereum price will be able to return to its all time high price. Therefore collecting Ethereum from now on is the thing that must be done, before the Ethereum price becomes expensive.
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Your thinking seems to be wrong saying the US Dollar can make the price of Bitcoin go down. Because Bitcoin price movements are not based on US Dollar prices. So the US Dollar strengthened not necessarily will make the Bitcoin price fall, then by donating Bitcoin to the US government will not weaken the US Dollar and stop printing money. And there is no guarantee that donating Bitcoin to the American government will make the price of Bitcoin go up.
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Since I am not a professional gamblers, maybe the tips I provide are not effective for some people. According to the results of my investigation, most people who lose money in sports betting are because they don't manage their bankroll properly. And do not properly research the selected matches, and result in inaccurate analysis results. So do some in-depth research, so you can analyze the match properly. And prioritize choosing a strong team for large betting amounts, for some matches where we are not sure about the outcome, always use betting in small amounts. If you still lose a lot of money in sports betting, even though you have done everything right, chances are you are at a bad luck.
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The article in the opening post proved that Binance exchange has an excellent security team, successfully followed transactions made by scammers. And managed to return the funds to the address of the victim. Everything the Binance exchange has done makes Binance's reputation even better, and most importantly Binance is indeed a trusted exchange to use.
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I think the more technical indicators we use, the better the analysis results we will produce. The favorite technical indicators that I usually use include MACD, RSI, and Bollinger Band. With these three indicators I can predict the crypto market. And also sometimes I do fundamental analysis to make sure the analysis I produce is more accurate. If we trade without doing technical analysis, possibility we will suffer a loss. Because trading without having expertise in market analysis is like playing gambling.
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Until whenever Bitcoin remains legit, so I can't imagine that Bitcoin is a scam. I think forget to think that Bitcoin is a scam, because it will never happen. Only people who lack knowledge of Bitcoin think Bitcoin is a scam. If we think about the worst case scenario that will happen to Bitcoin, maybe the price could drop back to the price of $ 5000. Although the possibility is very small, if you look at the price right now that continues to rise. But we can make preparations using the stop-loss feature that will save us from experiencing big losses.
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If I have sent Bitcoin with high fees it shouldn't take too long to wait for the transaction to be confirmed. So I will decide to wait and be patient until the Bitcoin I send arrives. Even though in the end I failed to place a bet on my favorite match, there are other matches that might be better. So don't overdo it by doing double spend. There is a possibility that the costs incurred will be greater.
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It seems unlikely that Cardano will reach the price of $ 1 this year, because this year will end soon. And Cardano's price is still too far away to reach $ 1. Moreover, there hasn't been any promotion from the developer team that can make Cardano's price hype. But for 2021 it is very possible to reach a price of $ 1, so if you believe in Cardano's potential, you can buy Cardano at the current price and hold it until the end of 2021. These targets are more realistic to achieve.
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It's true that the most successful crypto powered social media is Steemit, and I'm still actively using it until now. But I don't agree that crypto powered social media is a trend these days, Because when compared to daily social networks such as Facebook, Twitter, and Instagram, there is still a far shortage of active users. Myself more comfortable using Twitter than Steemit.
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Public perception won't stop Central Banks from continuing to print money, so there's nothing to worry about. The one that worries about general public perception is actually the government, because the Central Banks print money based on government instructions. The government is worried that it will lose people's trust if it continues to print money. So usually the government will hold a press conference to explain to the general public what Central Banks is doing. Because all governments expect the support of their people.
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With the price of Bitcoin continuing to rise, it even almost touched the price of $ 14,000. This makes many people who make Bitcoin transactions, so it causes the network to be crowded and makes pending transactions long enough. If you are not in a hurry can wait patiently, later in the end it will be fixed automatically. Or if you really need fast, There are several solutions we can do, including being able to pay higher transaction fees, can use transaction accelerators, do child pay for parents method, and if necessary do double spend. My advice is why not use the Lightning Network and use a wallet that already supports Segwit, it will help your Bitcoin transactions to be faster and cheaper.
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Never chase your losses
For me who find it hard to accept losses, never chase your losses is hard to follow. The few times I have double bet to catch up on my losses, I know this is not good for my bankroll. But I am only human who sometimes gets out of control. This is one of my weaknesses that I want to fix, but I can't do yet.
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Unfortunately my country prohibits using crypto as payment, even though I really want to spend my crypto at fast food restaurants. Hopefully, with Paypal accepting cryptocurrency, it can make other companies accept cryptocurrency too. And finally cryptocurrency can be accepted in all countries as a global currency. I am still optimistic that this will come true, although it will probably be 10 years from now.
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I started trading for the first time in 2016, and now entering the end of 2020 I am still trading crypto. I have experienced many interesting things in the world of crypto trading, and crypto trading in a pandemic situation is a little strange and unique in my opinion. The price movement of cryptocurrency is unpredictable, just imagine the first time the corona virus outbreak in March 2020 all markets experienced a price decline. Including Bitcoin down to $ 5000, I was hopeless to cryptocurrency at that time. But I ventured to buy Bitcoin and a few altcoins, because 2020 there is a Bitcoin halving so optimistic the crypto market will rise. It turned out that my prediction was correct, Bitcoin price is now nearly $ 14,000. Trading in a pandemic situation is very profitable in my opinion.
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Bitcoin is future money, which has no physical form. Because with Bitcoin we can do what paper money usually does. But because Bitcoin has not been accepted by all countries, transactions with Bitcoin are still limited. But I believe in the future Bitcoin can be accepted by all countries in the world. And can be an alternative payment, so for me Bitcoin is money.
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Man Utd vs Arsenal's match is just over. I watched the full match. The match was much exciting and enjoyable. Arsenal won the match by 1-0 but Man Utd also played well enough.
Arsenal just broke the record of not winning in old Trafford since 2006 a whopping 16 years old record no wonder Mikel Arteta jubilated after the final whistle. Arsenal played well in the first half while Man Utd came back into game after the break but all their efforts in scoring a goal proved abortive thanks to arsenal solid defence work by Holding, Gabriel, bellerin and tierin. Arsenal's game has improved since Arteta handled it, especially Arsenal's defense is very solid. It is proven from 7 matches in the Premier League that only 7 goals conceded. If Arsenal can consistently play like this, the top 4 target can be achieved this season. Bringing Gabriel is indeed a very good decision, his performance in maintaining Arsenal's defense is very good. So Arsenal's victory over Manchester United at Old Trafford can increase Arsenal players' confidence.
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There are many factors that cause new crypto projects to fall in price, usually the ones that occur when they are first released on the exchanges. Early investors will immediately sell their coins to be able to make a profit, Another reason was left by the developer team after successfully getting profit from fundraising during promotion. And the last reason there is no other use of the project other than as an investment. So be careful when investing in new projects, do your research first before deciding to invest.
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It is only natural that the value of Bitcoin is affected by USD performance, because most people who trade Bitcoin pairing with USDT are backed by USD. So USD indirectly affects the price of Bitcoin, in fact all markets must be affected by the value of USD. But I don't believe the USD will be worthless, because the American government will definitely take steps so that the USD will remain valuable. Therefore, many countries use USD as a global currency, this proves that confidence in USD is so high.
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Borrowing money will mess up your investment plan, this happens because there is no guarantee that investing in Bitcoin will work. So avoid investing using borrowing money, just use the money we do have today. No matter the amount is small, as long as our strategy and knowledge is good. Small capital can be big.
Regarding greedy, that are difficult for us to avoid, especially if we manage to get profits several times, it will increase our greed. We will never be satisfied no matter how much profit we make. Without us knowing it, we will always want even greater profits. Greedy must be avoided by controlling emotions when investing.
Finally, don't follow other people's opinions without analyzing them, we must believe in our own abilities. Because most people give advice or opinions only for their own interests. So just follow the results of the analysis that we did ourselves. This is much more profitable than following other people's opinions.
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