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381  Economy / Trading Discussion / Re: Can i start forex with no risk of money? on: June 13, 2020, 01:08:39 PM
Hello my all Trader friend, if you have Any Good Experience about Forex trading,  you can answer my Question. I am saking if there is way of start forex with no risk, and  i can withdraw profit  earning with no heavy condition.

While I get your enthusiasm there is no such thing as 'free risk'. If you have that type of mentality then you really need to change that soon before it gets you into trouble. Every trading platform has its own perks as well as risk and you really need to be made aware of that, otherwise the losses would be far greater than the expected rewards.
382  Economy / Trading Discussion / Re: Binance now supports Philippines Peso (PHP) for P2P Trading. Have you tried it? on: June 12, 2020, 09:51:11 PM
Using peer-to-peer trading will be beneficial if the platform is completely decentralized and secure, but an attempt by a platform like Binance to control all types of cryptocurrency trading will lead to some unsuccessful experiences like Binance P2P.
It will be different if they partner with P2P exchanges like LBC & Paxful.


The problem lies in trading volumes, which seem low. Within five months, about $300 million dollars have been traded.

Quote
Within five months since its launch, Binance P2P has processed over $300 million in trades and integrated three currencies (Chinese yuan, Vietnamese dong and Russian ruble) for users to trade multiple cryptocurrencies.

Source --> https://www.binance.com/en/blog/421499824684900430/Should-You-Try-the-Binance-P2P-Platform-Read-What-Our-Users-Say-About-It

Adding more countries will not change much.

I see what you mean that by adding more countries on the list might not change much but in my opinion its nonetheless progress. Binance has been going strong and lately have worked on improving their platform even more, and so far we witness progress towards  the lower hanging fruits before tackling the more complex issues like trading volume.

Overall, by adding more countries it also spreads awareness and helps with crypto adoptability which may not be Binance's main objective but its still a net positive for crypto  Grin
383  Economy / Trading Discussion / Re: How do you make a trade or investment decision? on: June 12, 2020, 07:01:05 PM
The decision of trade vs investment for me all depends on how the market looks at that time, how much I'm thinking about adding and also whether I want to wait for a while. In addition, I also consider how buys I'm going to be. All these factors help me decide, for example, if I expect that I have little time to keep an eye on the market and have a little bit more that I can go in I would then consider investment but if I deduce that the risk is low I might go with trading. It's all dependent on my availability, market situation and amount.
384  Bitcoin / Bitcoin Discussion / Re: 5 Reasons Why I Prefer a Bitcoin Mobile Wallet on: June 12, 2020, 03:22:45 PM
There are advantage and there are disadvantage as well, if you want good security, then go for hard wallet, but for convenience, go with the mobile wallet.
Actually I am using both, but for my long term investment, I made sure it's already stored in a hard wallet and put in somewhere safe.

@Vaculin is right, for higher security purposes is better to use a hard wallet but for ease and convenience mobile wallets are an option. It all depends on the amount of funds you feel comfortable with on a less secure wallet like on a mobile but I personally am quite cautious so I use the hard wallets.

I must stress that there aren't good or bad ways its more about something that suits you best.
385  Bitcoin / Bitcoin Discussion / Re: Crypto Ban: Russian Regulators do not want Legislators to Ban Crypto on: June 11, 2020, 09:46:35 PM
It would be interesting to see the turn of events however I remain optimistic about Russia's move toward crypto rigorous regulatory measures. The reason for thinking this is that the country still needs development and Putin doesn't seem like the person who'd allow such a block on the economy especially when there could be so much higher gains from keeping it the way it is.

What do you fellas think, will these regulatory measures be put in place? Discuss
386  Economy / Trading Discussion / Re: Cryptocurrency price changes - 15 minutes on: June 11, 2020, 06:40:08 PM
I find it a bit specific how you want to look at market change specifically for every 15 minutes. After a bit of research though, I found this pretty good website (https://www.kitco.com/bitcoin-price-charts-usd/) where you can see real market changes starting from every 1, 3, 5, 15 min and up to 45 min.

SO this might be the one you're looking after. Also this site goes beyond the minute intervals and stretches into the more familiar timings like hourly, weekly, monthly and even yearly, though all these have specific timings just like the minutes intervals described earlier.
387  Alternate cryptocurrencies / Altcoin Discussion / Re: How To Avoid High Transection Fees Like This on: June 11, 2020, 04:01:26 PM
You can easily set transaction fee easily using coinomi wallet or trust wallet, I haven't seen any users that use large transaction fee using these wallets, I think the culprit to this is the wallet that the victim used
Same thing with me I never find any , another thing that I was thinking about is why they need to paid fees many times  if it's just normal accident or an error in transaction. It make me confused what that owner motive for making it many times and paid million dollar of fees for smaller transactions.
I am also still confused as to why this could happen whether this is indeed the fault of the sender who maximizes the gas cost limit or holds the network again so that gas is not centrally controlled.
Millions of dollars is not small money. I am sure this is a fatal error that occurred, but after I saw the early address of so many ETHs around 28k, is it intended to be faster in transactions.
I fail to comprehend how has this even happened. Surely, if you're about to send a transition across the blockchain but the cost of the transaction fee is >2x the initial amount you'd probably looks some where else and stop that transaction midway, right? At least that's what I'd do. Even if this still manage to go through there surely must be a mistake  Huh as this insane amount of gas is going to put future transactors off, even if its ETHER.
388  Economy / Trading Discussion / Re: Trade and make a profit in a Volatile market on: June 10, 2020, 08:55:27 PM
if the market is volatile I think playing futures trading is very promising,
because profits can be more than 100% in one play, but the risk is great  Grin
To me trade is a skill that can do well in any circumstance but that's only if it is performed by a skilled trader.
So it makes no sense to go in, especially in a volatile market to try and earn some profit when you can't even handle trading without the market volatility.

Having said this, there isn't a good or bad time for trading but rather a perspective of how confident and how skilled you are in relation to the market changes.

This is why it's advised not to enter a market with great uncertainty even if the reward is higher but better still make a calculated risk based on your own situation.
389  Bitcoin / Bitcoin Discussion / Re: Exchanges not accepting mixed BTC, so is BTC no longer fungible? on: June 10, 2020, 04:59:58 PM
I have been reading that many exchanges are using Chainalysis (etc.) to look at transactions, and refusing to exchange BTC (or even accept them).
This looks like a problem for BTC and possibly all of crypto, in that crypto NOW has / will have to be "proven" clean, else hard to exchange for fiat, other crypto, or even for large purchases?

I recently took part in a similar discussion, and we can think whatever we want, but if someone says that your BTC is not what he wants based on any criteria, then in that particular case that BTC is actually worth nothing. We all know that every banknote has a unique serial number, but when we pay something, the cashiers do not check every banknote to determine where it came from. Of course, it’s about the fiat being part of the system, while the BTC is just the opposite.

I share the concern of those who see this as a problem, because it can really happen that someone one day wants to use their BTC to pay for something or wants to sell them for a fiat, and everyone rejects it because coins are from some suspicious sources.

Here is something interesting about how BTC could be categorized in the future - > Classify coins (UTXOs) in several categories

While I recognise and share the concern raised in this topic and also addressed in the above comment, I would like to point out that perhaps this extra level of policy on some of these exchanges is one which will not be incorporated into all the exchange platforms.

I fail to see how this type of response will be encouraged by the crypto holders, and while it is evident that some measures like this have been put in place to deal with crypto based money laundering, I don't think this is the way forward.

The reason for this is that BTC isn't the only crypto currency and if bad people take advantage of this technology they won't be limiting themselves to BTC, other coins will be at risk too.

Because of this I don't think that banning of BTC exclusively from some exchanges will be sustainable or solve the issue, and so failure to see this on the part of these exchanges will be detrimental to their business.
390  Bitcoin / Bitcoin Discussion / Re: New Covid wave vs Bitcoin on: June 10, 2020, 03:17:16 PM
So it would seem there is another Coronavirus wave on the way, at least in some countries.

Last time the pandemic struck, we saw Bitcoin price plunging hard.

Will the same thing happen again, can we expect the new lows?
What are your thoughts?

I hardly think that this would be the case. While a new wave of the pandemic might be hitting certain countries across the continents its unlikely that this will affect crypto and BTC like it did previously. The reason for this is because the leading countries like the US, UK, Japan, Germany seem to show great improvement and because not all countries will experience the second virus wave the market is likely to be unaffected by it.
391  Economy / Gambling / Re: 🍃🍀🤑Greenspin.bet - The Latest and Greatest Addition to the Online Gambling Scene on: June 09, 2020, 07:57:33 PM
SO how come UK players aren't allowed to play or access the webpage? I wonder how many other countries have the same restriction  Huh 
I understand that while this has to do with regulations there's still a substantial and potential loss that the casino is incurring especially from restrictions on people from highly developed countries. If I was working on the project I'd try to change that...

They have to follow the laws man. Maybe try use a VPN or something but to me it’s great that they are following the law.
Sure OGEOS, I get it, laws are laws but if a project starts cutting off people from a region with a lot of disposable income and a love for gambling it just feels like they'll be missing out on a large pool of potential customers. Plus, my suggestion was one of a potential future improvement even if its not going to be added on for a while I felt I left some 'food for thoughts' if you get what I mean.
392  Economy / Gambling / Re: 🍃🍀🤑Greenspin.bet - The Latest and Greatest Addition to the Online Gambling Scene on: June 09, 2020, 04:26:47 PM
SO how come UK players aren't allowed to play or access the webpage? I wonder how many other countries have the same restriction  Huh 
I understand that while this has to do with regulations there's still a substantial and potential loss that the casino is incurring especially from restrictions on people from highly developed countries. If I was working on the project I'd try to change that...
393  Economy / Trading Discussion / Re: How has trading affected your personal life ? on: June 09, 2020, 02:01:31 PM
My personal life hasn't been that much affected by my trading. Though this may be explained by the fact that I live alone and any risk i take is on my own skin, so to speak. My trading experience was painful but I can say that I remained optimistic and now I find myself making some profit, not huge but profit nonetheless. Also, I got to learn a fair amount about exchanges and which ones are suited for different things like if I have different crypto I'd use bestchange or if I have to do BTC related work I use Kraken.
394  Economy / Trading Discussion / Re: do not give up keep trading! on: June 08, 2020, 07:43:37 PM
Yes, I am currently trading at a loss, but I am still trying to find a perfect trading plan. Although my losses are not much compared to others, I still feel that I have failed and will try to trade successfully. Currently, I have open orders less and choose a more reasonable time to trade. I think new traders like us should spend more time observing instead of trying to trade profitable. Observations will give us many wonderful experiences.

Resilience, I think, is key to trading. There will be times when the market would be very unpredictable and consequently make more losses than you'd wanted but if you don't keep at it, if you don't keep trying, or learning from past experiences you're never going to succeed in trading.
395  Alternate cryptocurrencies / Altcoin Discussion / Re: All hope is lost?? on: June 08, 2020, 04:48:21 PM
Well first sorry for your loss you just have a bad time. No it is not a dead end for you there is an other way to recover from your loss. I suggest you to long term investment. Yes it take sometimes but thats the best choice for now. Choose wisely

much agreed with the above, even though you lost a lot and right now it feels like there's no light at the end of the very long and dark tunnel, there's nothing you can do now other than accept the fact and LEARN from this bad experience. You can't be too complacent when it comes to crypto investments, you have to persevere and make every mistake count towards getting better at evaluating market changes.
396  Bitcoin / Bitcoin Discussion / Re: The average cost of sending a Bitcoin transaction is now just a little over $1. on: June 08, 2020, 03:21:30 PM
I came across some interesting data today from Bitinfocharts that suggests transactions on average cost $1.083. Having a low transaction fee is arguably an important factor to the growing adoption of Bitcoin and it's great to see that the transaction fee has lowered especially after the somewhat high fees after the halvening. I personally still have friends and family that are unaware of the low transaction fees for Bitcoin and are still using platforms that charge much higher than Bitcoin's fee so it's always good to remind those unaware of Bitcoin's transaction fee.

The lowering of transaction fees is definitely a much needed stimulant for the crypto industry the only concern I have and share with you is its usability. Not many people are aware that by browsing across different exchange platforms essentially you get better deals especially in terms of transaction costs. The fact that this has already made a mark means that this piece of news will increase and in return help with the wider adoption of BTC and cryptocurrency in general.
397  Alternate cryptocurrencies / Altcoin Discussion / Re: The return of ICOs on: June 08, 2020, 12:22:38 PM
I don't think ICO will have a come back regardless of how useful project they come up with. Because people has lost both trust and interest from ICO because of the scammy nature and now it will be very hard for ICO to rause money. I think with IEO some project may get success if they have enough potential.
I do not think that people have lost confidence. We just do not have good projects that could offer something to investors or to the world of cryptocurrencies. all new ICOs are just copies. Those projects that are really good they successfully conduct ICO

I agree with both of the above comment in that ICO's have a difficult time coming back due to the financial uncertainty that the entire world has plunged into due to the pandemic outbreak. Also, the fact that people are limited being near each other means delays in product development, productivity and delivery and worst of all ideation. So it isn't surprising that at these time is difficult to come by or develop new projects worth for ICOs.
398  Bitcoin / Bitcoin Discussion / Re: Why people are afraid on investing to bitcoin? on: June 07, 2020, 10:41:58 PM
If you buy a bitcoin in the price of 9000$, yes it may drop, but we have clearly seen that this is what it does. It goes up and down. If you have 1 million dollars and buy 100BTC  (900.000$) then the only thing you have to do is wait. Because someday it will pass that number and you will have profit. Am I wrong?
Once people invest in a thing they become conscious about it and always try to check the price of their investment whenever they get free time. And 1 million dollars is actually a big amount to have in a single investment so if one day you see the Price of your investment go down in a single day by more than 20% then you will surely sell most of it so as to Cut back your looses and this will cause you to lose money, so volatility is the reason that people are afraid of investing in bitcoin.

Sure, volatility is the outermost defiant force weeding out short-term investors or just people who want quick and short-term gains. The thing to realise is that this shortcoming is global it's not just you losing but a lot more so at least be comforted by that but the true nature of those who know about trading/investing and the market is seem at times like these where profit for them is still achievable.
399  Alternate cryptocurrencies / Altcoin Discussion / Re: Importance of social media channels on: June 07, 2020, 07:54:26 PM
The importance of social media platforms for projects cannot be overemphasised because that's our number one stop spot for project updates. Be it new listing, development milestone achievement, new team members or just any news concerning a project, their social media platforms is the best place to find such.

I couldn't agree more with you over the importance of social media activity over a project, product or news outlet. Our lives are pretty much influenced by what we see on social media and it would be a petty not to use this highly influential medium of keeping users in the loop with the new updates and development.

Nowadays it seems that good media/social coverage is instrumental to a business success almost irrespective of its scale.Thus, social media platform usage should not be underused or this may be detrimental to these business/ projects/
400  Economy / Trading Discussion / Re: Trading guides,books,articles whatever on: June 07, 2020, 04:58:08 PM
IS great that you're interested in trading and want to learn more about it but just a word of warning, try not to believe everything there's said on here so think that some people might have some ulterior motives for saying what they're saying.

The things to learn would be analysis, charts, predictions, exchanges etc. Investopedia seems like a good start, here's a link that will give you an idea of what to expect https://www.investopedia.com/articles/trading/06/daytradingretail.asp
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