Yeah, that is why we calculate yearly averages. In finance world people talk about yearly profits, look at all the companies who do profit sharing like Berkshire Hathaway or any other company, they talk about their annual return rates and how 10-20% is good for them because that is what you can calculate, monthly is too narrow to talk about.

If you can make about 20% yearly, that is actually not bad, people talk about it like it is nothing because we are in crypto world and honestly people can make more than that in a day in some stuff, but the reality is that if you can consistently make 20% every year for 20 years you can retire. A guy who starts working at 22 years old after college puts up about just 50 dollars per month into investments and does that with 2% increase per year (so second year it has to be 51 dollars) that means with 20% return he can retire at 40 years old or so, that would probably be enough.

That would be idiotic for a place to do of course but we are talking about exchange and not bitcoin. You are saying bitcoin is free and that's why people like it because there is nobody controlling it, there would still be nobody controlling it.

There would be exchanges putting a new thing in there which would limit your buy and sell of bitcoin but they would not be controlling the bitcoin itself, in a matter of speaking they would be controlling you and what you do with your bitcoin, so there is a difference, if they were to control bitcoin that would mean stuff like moving bitcoins around from any wallet they want, seizing bitcoins from others wallets, printing more bitcoins, taking from you and giving to people who have more, these are all the things governments do for fiat currency, hence it's not a shock that bitcoin would be like that, but it's not. I still think that limiting the trading would be idiotic as well of course.

Who? Who are these predictors? ETH 2.0 will be awesome and ethereum will go up for sure when that happens (unless we are in a big market crash of course) but the fact is that we are not anywhere near those levels even if eth 2.0 happens, who says we will be? Realize that bitcoin is barely 60k, that's all we reached with bitcoin and it is about 5 times bigger or even maybe more than ethereum, if it's there like that, think about how hard it would be for ethereum to be 100k, that would be insane.

You are talking about nearly gold market cap level of prices for ethereum in a few years, that's not going to happen at all, we are not going to see that. Of course it will go up, of course it's going to be a higher price, but it's not going to be 100k, maybe about 5k that would be more realistic and it would profit people who hold ethereum.

I think the dump will not happen anytime soon but when it happens even the good altcoins do not survive it. Ethereum is the second biggest coin and has been very a very long time and it was 88 dollars at the bottom, before the bull run happened last year it was around 130 dollars, so I can easily say that over 90% to 95% fall is not something that second biggest coin should have endured.

I understand that people may not be increasingly happy with what they have, but that is going to be something that we will have to live with no matter what if the dump comes. ETH will be very low, BNB will be very low ADA will be very low Dot will be very low, all of them will be very low without a doubt. I understand that people have hopes that their good coins will stand and not drop as much as the other ones, but that's not true, all coins will drop if a huge crash comes.

That's correct, if you are copying someone else, it could work for you only if you know what you are following, if those people are actually doing something that's profitable and you learn how they are doing it, that would work for you, of course that means you have to be able to talk to them, it needs to be a group effort. I have someone like that, he shares his picks and his trades, but we asked him what he picks and how he picks them and why he picks things and how he trades etc etc so we asked him a bunch of questions.

Nowadays our whole group makes their own trades based on what we learned from him and even without him sharing we find stuff so he is no longer sharing so much, he just agrees or disagrees and shares why he disagrees but that's about it. If you can use it that way, you could actually make a profit from these things but that's about it.

You guys know what I am afraid of? I think Lakers or Nets or maybe even both of them could miss the finals, I mean it is NBA and we have seen crazier things right? Sure they look like they are the most possible teams and when Lebron and AD comes back to 100% health Lakers will be too dangerous, and when Nets have all the players finally healthy they will be too.

However I have this feeling in my gut telling me that there will be some injury, some mishap, something and these teams will not meet in the finals. That's just something I feel, obviously if we have 100% healthy all players these two teams would be near impossible to beat, so there is a big chance they will make it to finals but who can guarantee that an injury will not happen? I do not think that is possible, which is why I think it's quite possible that we could end up seeing some other team there.

Agree, he is definitely one of the best strikers in the world, or at least he used to be, but he got older and his request for more money didn't change at all, he was still asking for money that he should not be asking at his age, so  they let him go and that makes sense.

Now I am starting to think maybe City will be capable of paying Haaland an absurd amount of money and get him? That looks like more possibility now that Aguero going will be certainty. They waited until it is almost guaranteed that they will win the championship as well, I do not see City losing this championship even if they play with youth team players from now on, they will definitely get it, so Aguero not playing would not matter. They have more than enough money to get any player they want, literally anyone, because at this covid situation 100-150 million is not amount anyone can say no to and that could happen.

Those campaigns that give a lot of free money end up being the reason why it is so low. There are so many reasons for a coin to be low and one of them is definitely the fact that there are people who received free money and just went with it, this is why I think it's obvious for people to not really see uptick in coins during first days, because people who got it for free end up selling.

However I have seen coins start with 2 dollars and end up with 380 dollars on the first day as well, because it was nearly zero, just 200 coins printed, and it wasn't even given away for free to anyway neither, so people jumped in and paid whatever they can for it, eventually crashed of course but people love a good coin that is not distributed. If a team doesn't do anything wrong and keep doing things write, that will actually be pretty decent and go up but dumping after listing suggest it was distributed way before listing so that's wrong.

I do agree that you can't make something that is perfect for everyone, eventually people will find something that is wrong with that project as well. I have tried to write a concept once for someone about a coin that would be so good that everyone would love it, it would have been basically the perfect coin that everyone would want to buy and use, it had usecases it had technological improvements it was awesome, and I presented it and during a beta test to see how people would react people didn't care, they didn't dislike it, they just didn't care about it. That day I realized I may have created a bad coin, but I know for a fact that no matter which coin you talk about, there is at least one person who hates it.

BSC is profiting people a lot, in the range of 1000%+ profits if you are quick enough, that's why I think so far that's the closest we got to perfect for traders.

I do not think that crypto market and stock market are that much independent from each other. I do not know if it will be opposites or parallel but I know that it will definitely be related somehow. Think about it this way, we may have stocks going down and crypto going up, or we may have stocks going down and crypto going down with it. Those are two very different things. If the stock market crashes and the crypto world crashes with it?

I will definitely buy a lot more crypto, I keep saying this but then when I want to I keep not finding any money to buy, but if I can somehow gather some funds I will buy a lot, because it will recover and I know it. If the stocks go down but crypto goes up? In that case I have to do nothing, I already have a decent portfolio and I will keep that and that's it, I will not do anything else about it to be frank because I will be profiting so what else to do?

Think about it this way, let's say that art worths money right? We all know mona lisa is something we can't even put a price tag over it, there are things that people cannot even sell, it's incredible and it is definitely way more than what we can afford. However we know how they were made, we know painting is painting, scripture is scripture, whatever art we are talking about it is whatever it is and there is nothing shocking about how it was done and what it was used to get done, it's just there and yes it is talent that brought painting into mona lisa, I can use painting as well but can't create that, but I can use it anyway.

NFT is different, it's a new thing, so people are paying extra insane amount of money to it because it is a brand new thing, it's not old school like other arts, it's something that never existed before today, so there is a rush. It's not going to go on like this, but it is early days so people are a bit excited about it.

The losing part could be minimized with replaying, that's what the point here is. If you could test strategies and see where things can go wrong and where it could be better, you could optimize a strategy and make it work, it would be much better that way. Of course it's not going to be that simple, of course it's going to be not easy but the point here is that we can't really get these type of things done without first testing it.

Of course testing will not be like the real thing, of course you need to get the real thing and trade a lot better when you know what you are doing in the real world, but testing it and replaying it would be helpful as well. So people should first find strategies, test, and then real trade, and then optimize and test again and trade again and keep doing this until you think you have the perfect system.

I didn't understand how that sentiment thing was applied. I am not a coder myself and I am not using this neither because I do not know how to use one even if I checked it, and I am not a coder so those codes do not mean anything to me, I tried to read the guide but the part about sentiment is a bit vague for anyone who doesn't know how to code.

If you were to explain this bot to someone who never coded a single line in their life, how would you describe it?

All the other parts make sense because I am sure you can find a method of buying bitcoin whenever Elon tweets that part makes sense to me, there is nothing too difficult to grasp about the idea, but when you add sentiment to it the shocking part is that there could be a code written to see if a sentiment is positive or negative with a code, that sounds remarkable that we are capable of doing that as humanity.

Just think about it, it was 20k and dropped to 3.5k that means a 80% drop and I do not think that we will have that kind of fall ever again, however let's assume for a second that we had a 80% drop from the peak point once again, our peak point this run was 62k if I am not wrong and if you drop 80% from that the price would be 12.4k. That means even if we have a whooping huge 80% drop which is very doubtful, that means we are going to have 12.5k price at the very bottom.

We are not seeing under 10k ever again by this logic. And I can go as far as saying that I do not think that under 20k is possible neither, we are way ahead of this and we are going to keep staying this way as well. So, there is nothing common with 2018, there was way too many bitcoin drama during that period and that's why we saw bitcoin going down a lot during that period, we don't have that any more.

I do not think that bitcoin has been resilient that much before, not back in the day, we had whales who pumped and dumped bitcoin however they wanted and that was a thing that they did for a long time. These days we are doing better because we are in a world where bitcoin is not doing that bad and it is high and we are seeing that whales are just companies these days and not early birds.

We had a lot of people who bought bitcoin at low prices, prices that are under 10 dollars, they had thousands of bitcoins, and back in the day those people were capable of changing the price easily, we weren't resilient back in those days. However we are doing better now, and companies are buying in billions, just in this past 400 days we had over 10 billion dollars worth of bitcoin bought and stored and not sold so far. That's a big deal and that matters, we became resilient thanks to that.

Like many people here I am also finding difficulties to understand what you're actually referring to. I have heard some kind of methodology in technical analysis/practices which is somehow considered as similar to demo-trading where people have mock-trading environment with price movements to experience the real trading heat and consequences.

But practically I do believe demo trading must be a better approach to learn all the experiences of real trading because you're not risking your actual money but you are trading in real like environment to experience all the features of real market. What else you need to learn about real markets.

Well, it is not about those information they are getting, but it is not about zero information neither. Think about it this way, if you learn about trading at the great sources and you study hard, there is a chance you could be a good trader, or you could just study half-ass and you will be a bad trader, but at least if you study there is a chance to be a good trader, if you never study and if you never learn anything about trading, you can try to trade as much as you want but you will always be a bad trader.

This is why studying and learning and doing those things very much is not the way to become a great trader for sure, but not studying is a guaranteed way to not be a great trader. Which is why I think you should always try to find great sources, and spend your time and a lot of it to study before you start trading with real money and risking your savings.

I think everyone gave you the answers already, there is no need to add more to it, but I can say that most of the questions are personal preference type of deal. I mean the deal that if you would prefer solo or pool is a personal thing, with pool you make smaller amounts but constantly, but with the solo one you do not make anything for the longest time and then get a huge one eventually.

I still think that you should not go alone but if you want to, you could do that. However one thing is not up for discussion, if your electricity goes, if your internet goes, that's going to risk how much money you make from the staking. That is why I think even if you go solo, open up a VPS account, it is only 5 bucks per month or even a good one is 50 bucks a month, and you could be online there 7/24 forever without any issues at all, it would really help you a lot.

I guess ethereum is for defi isn't it? Why are we talking about defi could survive without a centralized regular coin. It could be eth, tron, bsc, neo whatever but they are all there. Maybe one day a defi will open for all other defi, like a defi where defis start instead of eth and others, that might help, but it would have to go up so much that we are talking about 2 out of top three coins help with the defi projects and that's a lot.

This is why I think it is quite obvious that we are not going to see defi replacing eth. Don't get me wrong, defi will keep going bigger and bigger, it is decentralized which is why people love it and it will continue down that path, however that doesn't change the fact that we do not have to see ETH go for that to happen, both of them could live together and grow together, which is what is happening right now anyway.

Bitcointalk Profile Link:  https://bitcointalk.org/index.php?action=profile;u=144315
Current amount of posts (Including this one): 5584
EARNED merit in the last 120 days:  6
SegWit BTC Address: bc1qrye76e3vwnzmjmlycg9kmz469ks0w7q0ytduvq