It is safer to hold Luna Classic, not Luna 2.0. Because all the shits happened with Luna Classic, now it is time to clear all the shits and move toward future, a brighter future.
With Luna 2.0, all shits have yet been revealed so there might be more in future. I mean personally I see more risk with Luna 2.0 than with Luna Classic.
You can see in the last few days, Luna Classic holds its price too well even whole market is in pain.
Wit what I have observed, both coins are just like the same thing, though I read some people's view on Coinmarketcap when Luna 2.0 was created that people should not use the coin and that they are only waiting for their airdrop and sell the coin (the airdrop). But old Luna which is now Luna classic (Lunc) is having almost the same price volatility similarity with the new Luna. I believe if one becomes dead, the other will become dead too.
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that's shit. These days you can't get something that can give you constant profit. This is not exist for now. A lot of tokens with non sense APY is slowly death and so you are gambling with the time.
I agree with your point, but if you do not want to stake unstable coins which are very risky in this time of bear market, you can still stake coins like USDT, USDC or DIA which are stable coins and you will get your reward for making your coin active in a pool. During bull market you can also stake unstable coins like Ether.
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i think its took 3 years before the market is bull again idont know but ihop this bear market is short term not a very very long term again.
We are in 2022, the market would likely be bullish by 2024, but also in 2025, so we can say it should not take more than 2 years again as we even about to finish the first half of this year's in less than 3 weeks time. This bear market would end by this year if my guess is correct, but there would still be some mild bears and bulls market until massive bull market would come.
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If you are still unsure about the project, we may not be able to convince you. I think if you invest there it is possible to have a risk of losing your money, I think if you want to invest then you better do it in some old projects that are already listed on many exchanges, and are available on exchanges like Cmc and Coinecko. I think like that
New projects are very risky, now it is bear market, new projects become more risky. Even if the market is full of bulls, new projects can still be risky, if old project can decrease 10x during bear market, it is possible for the coins to increase 10x during bull market, this is the reason I will also prefer to invest just on old projects with high marketcap.
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I don't see any advantage or disadvantage in bitcoin gambling, it is only an alternative way to gamble.
What I have noticed is even crypto gambling generally, all gambling sites that were accepting only bitcoin before are now accepting other coins like ethereum, litecoin and USDT, as OP only specify only on bitcoin can make people think there are betting sites that accept only bitcoin. But I see more convenience to use bitcoin to gamble than fiat. The only good thing is that if you're from a country that deny the access on gambling site, with bitcoin you can easily bypass this restriction and play. This is the only advantage that I see at the moment.
You are right, but if and only if the betting site do allow VPN because most likely the IP address of the country that restrict his citizens not to gamble will be blocked from accessing the betting site.
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And responsible gamblers knows how to manage their emotions as well. When it comes to trading and gambling there's no big difference at all, people would likely to spend more if a well-known or an influencer promotes a certain website. But any form of gambling game can be addictive , we need to learn how to manage this emotion so that it could not make harm to us, sometimes this neurotransmitter make us to bet more for us to feel more alive and bet more to make us feel happy.
When I gambled responsibly, I saw no emotions involved, when I was gambling irresponsible before, emotions and losses were involved. Let me say I have $500 as my weekly salary (though not that amount as I collect lesser than that), I take 1% which is $5 to gamble, until the following week, how can I have emotion about losing $5 from $500, it is not possible. No emotion involved in responsible gambling in my opinion.
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He explained that sports betting requires knowledge of the sports and sophisticated strategies to win.
even without knowledge of the sport, you can still win. that being said, having knowledge about the sport does give you more options on where to bet and possibly win more money. betting. So between sports betting and online casino games, which do you prefer?
I prefer online casino games. I do sports betting too but rarely do it and I only bet on teams, sports, and athletes that I really like. This reminded me of 2014 when I first started to gamble, I can remember my first bet vividly, it was English Premier League, I accumulated 3 matches and West Ham United versus West Brom was there. I chose poor one over there one to win and randomly picked other two matches too, no analyses but I won. Gambling is even more than predictions as high odds is even possible to be won at times. I too prefer online gambling, people that do not know how to gamble online are the ones that still prefer the traditional way which is offline and not convenient.
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Absolutely right. When money is involved, everything is different. The human body is completely changing. My ears are ringing too. This situation does not pass for a long time, it continues for days. When I stay away from everything that is stressful and start reading a book , I relax. I would recommend it to everyone.
It can be become stress when it comes to money, but it depends on how it is, just 1% out of 100% salary will never become a stress if used for gambling, but someone that collect his salary and use 50% to100% to gamble, expecting profit can lose and it will become more stress. It depends on how we handle gambling. If I like reading, I can stay reading for a whole week after work and rest but just want to have fun during the weekend and just bet with my friends and gamble as part of the fun, but with low amount of money, like 1% of my salary.
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If I understand correctly, then gambling on a smartwatchs is no different from gambling on smartphones or a computer? If yes, then I do not quite understand what the new trend is here.
I will like to know the smartwatch that can do this, all I know is that smartwatch can be used for notification and not gambling, but it will be good if a smartwatch is able to place bet, but you are not wrong, it is not that different from using mobile phones as portable as phones are and easy to carry about. I think the author of the article did not notice another trend - the expansion of the KYC. Now it is more and more difficult to find casinos without KYC, online casinos are becoming more controlled and regulated.
That is true but some people are still enjoying no kyc or lenient kyc policy gambling sites, there are some of them on this forum but the more they become common as they are having customers and getting recognized by the government, the more the kyc rules become harder.
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The market is no more favourable to many coins now, especially new coins. I would only recommend top coins on coinmarketcap. Coins like Solana, Polkadot, Dogecoin, Xrp, fantom and Sandbox. These coins mentioned will possibly give 10x profits once the bearish market is over
These are coins to recommend though, but it is better not to buy for now, or if to buy, expect more bear market and never sell until bull market will start. I will prefer to buy bitcoin if talking about this time, I mean if I want to buy this time, or I can wait for more bear market to come and then buy altcoins. There are still other coins like Qtum, link, neo and many others that I like too.
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Trusting those stable coins after Luna crash is not at all good decision and the owner of funds has cashed out millions already and his Twitter profile going private giving clear signs of rug making the market loose badly and also some mentally sick due to big loss.
Some stable coins are better, Terra UST was just so common because it got to billions of dollars marketcap, I think it got to $10 billion or so. There are many algorithmic stable coin in the past that failed just like luna, there are good ones that are not algorithmic, they are better, example are dai, usdc and tusd. But I will recommend people to convert to fiat which is safer than stable coin.
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Trading in this market situation is very risky.
How is trading in this present market risky? The market is not volatile, Bitcoin has been between $28000 and $32000 for several weeks now, the bear and bull traders are all favored and making profit if they know how to trade profitably. The market is favourable, the most dangerous time in trading is highly volatile market, if gone against someone's position opened.
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That's really a bad way to start trading, those called novice, professional, expert traders isn't a dumb person who want to teach you free and wasting their time to you, because they can maximize their times to be productive and earn more money. Even those expert traders want to teach you by opening a private course, is still doesn't make sense because if you can earn money by daily trading, why you open a private course?
I think that is true, why private course, not only private but that will be paid for. But if I want to teach people that do not know about trading, I will have to charge them so I will have the energy to do so. But I won't teach who I do not know because I will like it to be free. If truly making money from trading, why selling trading articles and the likes, that is true, it is a means people can know that people just want to use people to make profit an nothing more.
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The crypto market is very difficult to predict, so anything is possible. It is true that if we look at the increasing popularity of Bitcoin, more and more institutions are investing long-term in Bitcoin. This shows the possibility for Bitcoin to fall to the price of $8k seems very small. But we can't be too sure that the price of Bitcoin is no longer possible to drop to the price of $ 8k, so we still have to be vigilant, we still have to think about the worst that will happen when we invest in Bitcoin.
From what you post, people can easily think bitcoin can not fall below $8000, even analysts and other professionals has not gone to the conclusion that bitcoin will not fall below $14000. I do not alwaysbelieve in analysts but I believe that bitcoin can never falled below $140000. If institutions are holding in long term, that means it is even now possible that bitcoin will not be volatile like before, which means bitcoin may not even fall below $20000, but a sentiment from me though.
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Most of the time we extend our patience. This is very important in trading and this is never meant for impatient individuals. We need to understand the situation, we don't just rely on the indicators as they can be wrong, we do our own analysis as well.
In trading, patience is very important, there are times indicators will fail but because you are patient, the market correct itself and you later gained after you were losing before, the market corrected, the losses vanished from the position opened and later the price move towards the direction you predict to make more profit. Some traders are not patient because they use high leverage while the liquidation price is very close, using low leverage is always helping.
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Do your own thorough research and never go all in. Different strategies exist that could work for some persons and won't work for others but the use of stop loss could go for everyone, for it may be a universal strategy
A trader should always have it at the back of his mind that losses is possible in trading, a trader should use the amount of money he can be able to afford to lose is the first point. Experience helps better than anything else, the more the experience after appropriate learning, research and mistakes will help the trader to have a profiting strategy. Trading is more about experience and losses can not be avoided until more are experienced
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^ But as I can see, it is just wasting of time. Instead, you will focus on your trading analysis, you are spending time on your journal which is not necessary for me. However, if this will not bother your trading activity still the decision is yours because trading for me needs to focus on searching and analyzing more technical stuff which is very hard if you do have not enough time for this. So for me? the answer will probably depend on you don't waste your time but instead remembering all your mistakes and correct it in the future.
You must be a real trader and have experience about it. I have been trading for like 2 years now, I have never thought of trading journal before and this will be because I do not need it, it adds no value, it is not needed and not necessary towards achieving successful trading and profit making. I am still thinking what can be on trading journal but I got none to think about.
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Well, this is a very difficult question to answer. But do you really think that he'll do that? Why can't he just fork the already existing coin to include his new ideas? Anyway, let's talk about this unlikely scenario. In case that happens, then obviously I will be tempted to invest in the new currency. But right now it is difficult to say how much of my BTC I will be willing to sell at that point.
It is not a difficult question to answer, Satoshi Nakamoto is anonymous and we should not expect anything like that as he did not even plan to make bitcoin to have 2.0 because it was not on the bitcoin white paper. Another thing about this, bitcoin 2.0 proposal will only lead to a fork which will bring about another altcoins.
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I will say this is adding to the adoption process which is good, it will contributes to helping people knowing about bitcoin, the bitcoin wallet and everything needed to know to make and receive bitcoin transaction. If some people are knowing about bitcoin already and telling others as well as helping them, the more the adoption in my opinion.
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This mining an problem has been for several years before, right? Some countries do banning because it is harsh for environment, it is considered not friendly environment. We have seen that China also bans this mining, that is why many miners move to other countries to still can continue mining. And maybe his will continue to other countries that have similar problems of environment and powers.
Yes, China did banned bitcoin mining, as at last year when bitcoin was at $45000, the price falled to $30000 at that time but the market bounced back, it was funny this year that China has one of the highest hashrates again after it got to zero after the ban last year. Even in countries, states or town that banned PoW mining, some miners are still having undisclosed mining rigs while as some countries wanted it banned, some wanted it legalized like Kenya.
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