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3801  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: June 08, 2021, 10:33:45 PM
Risk management is a very important aspect of trading that most traders could easily ignore cause of the urge to make fast money. Like we all know that slow and steady wins the race but human greed is a very big factor one has to fight and overcome cause every individual has little or much of it beneath us especially, with strategy that is giving high returns. One can always be tempted to use high risk to reward ratio.

We all want to make money but the pace is always different from one trader to another. So the need for risk management analysis is very important in trading to safe one from unecessary risk that can affects our trading psychology. It also help one to be discipline and conscious on how to use leaverage to trade successfully without over trading.
3802  Economy / Trading Discussion / Re: Trading is Easy dont be afraid just on: June 08, 2021, 10:12:35 PM
If trading is as easy as you have described it, i believe almost everybody would have become successful but the market does not always comes the way we planned it. The market is very volatile giving everyone equal opportunity to earn good profits but psychology of fear of losing coupled with poor risk management could be a detriment to those with good strategies.

Trading is not just pressing your buy or sell buttons but having a technical reasons of why you think the market will sell or buy. One need to have a good fundamental and technical analysis to be able to trade. Getting into a trade that one has no particular direction the market is heading to needs a couple of one's trading knowledge or experience in order to win. We just don't trade the market blindly.
3803  Economy / Trading Discussion / Re: Crypto trading vs Forex trading on: June 08, 2021, 08:54:36 PM
It's just like when you are asking about the differences between dollars and pounds, they're both currencies that are used for exchange. The word Forex means Foreign Exchange. It's the most volatile market in world that worth more than 2 trillion dollars. So any market that deal with exchange of financial instruments is Forex.

Learning how to trade forex is just like learning how to trade crypto but with little differences. Crypto is an online currencies which are use for exchanges the same way we use fiat. Once you are good in trading general, i believe you would have little or less to learn about crypto cause they're both currency with different forms.

Trading either crypto or currency are both profitable depending on your area of concentration and your working strategies. I know a lot of forex traders who also trade crypto due to there exposure and techniques in which they use. So the ball is in your court to decide what to trade be it forex or crypto as a newbie.
3804  Economy / Trading Discussion / Re: Signals in crypto on: June 08, 2021, 08:21:04 PM
Getting a signal to trade wouldn't be a very good idea cause there is nothing like a 100% working signals. The market would not always fall to our direction, there will be a time when loses would be inevitable cause its part of the reality of trading.

For you to be a trader, you must learn what it takes to be one, not just running around for quick means to make money. The Market is very volatile with numerous strategies that one can use to trade it. So the best time you can do to help yourself in a long run is to enroll in a trading class where you can learn both the fundamentals and technical analysis of trading.

If you really want to be a good cryto trader that is capable of giving out signals just like the way you are searching for one, you need to learn much about how the market works just like the way you would attend lectures just to pass an exam. Learning Market structure, Candle sticks patterns, support and resistance, indicators etc could be a very good start for you.
3805  Bitcoin / Bitcoin Discussion / Re: Did You Know? - 32 Companies Now Hold Bitcoin on: June 07, 2021, 01:00:12 PM
Its a piece of good news that some mainstream companies are already considering the cryptocurrency potential, although that it's a positive development for the whole crypto industry but still it was just a small number of mainstream companies that recognized and adopt the cryptocurrency potential I hope it will grow more and include those mainstream giants.
Shall it's a personal opinion, when looking at the list you will know that its few that been listed by op, while we have many in the list, which i think that Riot blockchain and NEXON . Com limited is one of the major companies that hold Bitcoin despite the NEXON is like its not operating effectively, it depends on their financial capability use to purchase Bitcoin that is under their custody, to this numerous companies. Shall our hope is to let more companies adventure into cryptocurrency.
3806  Alternate cryptocurrencies / Altcoin Discussion / Re: Next ETH on: June 07, 2021, 12:00:01 PM
I see the next Ethereum is BNB because they have a platform that can beat ethereum and BNB has a lot of new launchpad tokens so the demand is definitely increasing and I'm sure BNB can beat Ethereum in the near future.
New coins that are ready to compete with ethereum are there in binance, is not only even the BNB, we have numerous coin's but BNB has the highest values to be equate to ethereum, but soon they will be numerous coins that will come up such as, AAVE and XMR, so these coin's will definitely be a ethereum competitor base on the way I'm seeing them via future reference, but it might not be the way i narrates it here, it may speed up or not, but it's something that may come up today or next tomorrow, but let us have it in mind that these are ethereum competitors.
3807  Other / Meta / Re: What Would Be Your Reason to Leave Bitcointalk? on: June 07, 2021, 10:29:29 AM
<•••••>
Leaving Bitcointalk doesn't have to mean you are giving up on crypto or that you wont use it anymore. You can stop writing and participating in discussions in this forum, but still be interested in crypto. Many people don't like forums or have specialized discussion boards that are more attractive for their region, like in some parts of Asia. 
Really your right, because someone might leave bitcointalk community and still investing in cryptocurrency, but leaving the community and still have interest in Bitcoin is totally funny, because its the community that supply us information so whoever that's Bitcoin lover will obtain all the necessary information of cryptocurrency in order to be elevated in forum here,, shall it's my perspective, because base on me, anything that made me to leave bitcointalk community voluntarily, that means i have depart from cryptocurrency entirely, because i will be totally blind of cryptocurrency informations, may people research and after researching the information will be drop on bitcointalk forum, so their is no need to leave the forum since you still have cryptocurrencies at heart.... that's my concept.
 
3808  Bitcoin / Bitcoin Discussion / Re: 51% Attack on: June 07, 2021, 09:43:52 AM
How would it go down? We'll never know the extent of the damage but I think it won't effectively kill Bitcoin. These are all theoretical talks. The only available actual references of successful 51% attacks are those on certain altcoins which are incomparable to Bitcoin anyway. And they're still around. Bitcoin Gold, Ethereum Classic, Grin,
From me you got it right, but i don't really know for any other once, and it's obvious that before something been into attack they most be a competition which @Darker45 stated above, so the competition of numerous coins can bring total reduction to the existing one, so the point is very clear that what might cause the 51% of attack might be the results of alternative coin's.
3809  Bitcoin / Bitcoin Discussion / Re: The Perfect Bitcoin on: June 07, 2021, 09:24:43 AM
The fact that it has been 10 years already and we have no single clue who he/they were is a sign that they wouldn't be seen nowadays. And I don't think they will still going to show in another coming years like 20 years or so. They choose to stay hidden after all of this that happen to crypto community.
I think we are meant to read before posting anything to the forum, i tried reading this text severally for me to comprehend the body sentence but i couldn't understand any, i think this part of lines of sentence have to be edit, so that it will enable user to capture the area you're emphasising, is not that I'm correcting, but it's the little impression i really want to put in order, please do not take it as a criticism rather to accept the little corrections.

I don't know why you want Bitcoin to change so much but let's just accept what Satoshi offered by his knowledge that we are using today.
Satoshi Nakamoto really introduce thing that can not depart from us till infinity, his legacy towards cryptocurrency will remain, irrespective that so many people is against the development of crypto nowdays, i think from the year Bitcoin is been introduced to the nation it has been rendering a positive impact to countries that adopt it immensely.
3810  Bitcoin / Bitcoin Discussion / Re: The Life Cycle of Bitcoin on: June 06, 2021, 09:49:37 PM
But I am very sure BTC is not in Decline Stage.
How are you very sure that bitcoin is not at declining stage? Bitcoin has many things to redesign to fit in the current market. So many altcoins has some designs like PoS that eliminates some barriers. At this very stage Bitcoin need to redesign to remain very valid, if not it will surely fade off. Every product follows the above staeges, but some tend to remain in the maturity state for very long, such as fiat currencies.
3811  Other / Meta / Re: What Would Be Your Reason to Leave Bitcointalk? on: June 06, 2021, 08:56:06 PM
This question is very critical to give an answer, leaving bitcointalk community show that you are leaving everything concerning cryptocurrency in general, and also ready to abandoned digital currency, from my concept it's quite understood that anymore nursing ambitions to leave forum most have interior motive to do so, which might be a political appointment or marriage via female which may be result of load, and for male it can be result of retired from cryptocurrency entirely, so i might say that the person has achieved he or her objectives in the community, because i notice the community is made of diver's knowledge.
3812  Other / Meta / Re: Is it time to increase the Emojis ? on: June 06, 2021, 09:05:09 AM
This is a community that is meant for contribution, suggestions and development of cryptocurrency, i believe that this platform don't really need emojis, because the cryptocurrencies has their personal symbol which can be use in place of emojis, from my perspective i seen emojis like symbol use for personal conversations such as WhatsApp and Facebook, so I don't think it will be necessary to apply numerous emojis here, Even those we have is enough to use, ok if i may ask what are the important of emails.
3813  Other / Meta / Re: An Alternative to Merit on: June 06, 2021, 08:51:04 AM
As a newbie, I read many posts that has quality. After reading the posts I'll feel like to merit the post, but as a newbie, I might not have a sendable merit,
Lol, sendable merit, it's right as you read through the posts of senior colleagues, i think it will give you insights to make a quality post in order to earn merit and also have a sendable merit to give out, because from the scenario of merit if your not awarded merit definitely you will not have Smerit to award another user, so earning merit is via proper research and hard working.

Atleast if I don't have merit to give, I will just click like and move on pending when I'll have merit to award the user.
Shall the policy is good, but is not like that in community and it will be very rigid to adopt such, but in the aspect giving Smerit to any user, if you notice a post that deserve your merit, you have to write the topic and the board or you mark the Username anytime any day you have Smerit you slide to the user profile and merit the post, no time merit is been given to user that is wrong, it depends when you earn merit and couple with Smerit.
3814  Economy / Economics / Re: I currently cannot own a Paypal, Bank Account, CashApp, etc on: June 06, 2021, 06:05:32 AM

No company is legally able to do business with you if you're underage, so they would open themselves up to massive potential liabilities by allowing you to do business with them. I would not recommend it,
It's base on the company, because it doesn't matter the age bracket to handle a sector, it's base the potentiality or capability to take care of the situation, because it's obvious that person at age 50 and 20 might not have knowledge person at age of 20 has in certain things, so i believe that all this work is base on experience, automatically it differs because no matter how little human is, what matters is the wisdom.
3815  Economy / Economics / Re: Way's to improve growth economics on: June 06, 2021, 05:39:56 AM
Increasing a country economy come through different form, in sincere manner a country will increase their economy through diversification of their source of income.
So the only remedy i think that will help come up economy is infrastructure, Agricultural  Sector, Trading and introduction of skill acquisition and Job Opportunity, this are major factor.
Skill will make people not to depends on government and it will reduce the work load via employment, and this is applicable to other points protray here.

 
3816  Economy / Economics / Re: Is Covid-19 carrying the growth in digital currencies? on: June 05, 2021, 09:36:10 PM

As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
Mate, really covid19 affect many businesses across the world but the problem is that after the end of covid19 many companies have to diversify their source of income by adventuring into cryptocurrency, so currently cryptocurrency is order of the day which is now working factor to eradicate pain via investment in cryptocurrency industry.
3817  Other / Beginners & Help / Re: Earning your first merit on: June 05, 2021, 08:36:28 PM
~
I've been both here and Reddit, and most of the time I see merits as like the Award system.
Most of the time I award Silver award at that site. Here in the forum when I choose a post to merit at, I see myself awarding that same award.  I don't just give it away because I like to "exhaust" my sMerit as well. Cheesy
That's the scenario i really wanted @Mistafreeze to comprehend, because the word exhausting merit really shows that his merit is really giving out or award without proper qualification, so i think such impression have to be corrected, so that the younger once that's new to the system will not adopt such a policy thinking it's worthy to emulate, so in summary we have to understand while merit is innate to the community and the methods we have to apply for awarding merit to avoid miss management of our Smerit.
3818  Other / Beginners & Help / Re: Earning your first merit on: June 05, 2021, 07:57:55 PM

Merit has no value nowadays so don't let it defines what you want or how quality you post as it does not count towards
Merit values can never depreciates provided that the community is concern, so the values of Merit system is what determine the elevation of evey members, so portraying the fact that merit is valueless, it will reduce the internal motive or the mentality of the newbies to starting thinking merit is trader by better, and it's been awarded base on charity or mutual relationship between two parties, so it obvious that awarding merit is base on quality and constructive post

quality, sometimes I merit a post just because I want to exhaust my smerits and I found a post funny or interesting. Sometimes it not all about quality but feelings. Anyways congratulations and keep it up.
Bro in normal circumstances and protocols of the community merit is not been giving because you wants to discharge or exhaust your smerit, it's only meant for user whose contribution is meaningful and also add values to the community, so with such concept, it's the major reason people have to research and bring more procedures that will enhance or render help for solution of cryptocurrency in any form.
So the quality of post, merit will be awarded to a such user, and it's not necessary that everyone will award the Merit the same time, because it's differs for individual understanding via the post before awarding of merit.
3819  Other / Beginners & Help / Re: Newbies panicking. on: June 05, 2021, 05:02:08 PM
Every red market is a blessing if you know your ways, investors are so focus on continues surging that's why they panic
Really, the concept is not encouraging, we have two measures where negative market can be of benefit to certain people, from my perspective it's when you want to purchase a cryptocurrency and the values come to the extent that you get it at cheaper rate, but people that have it already is at negative side of it because the values of the existing currency have depreciates, so it never be blessings for investors who buy and store for long period.

once dips happens, there is no magic behind this than having more patience, volatility is a must in crypto market
It's obvious that patient and endurance is the engine block of every investment, crypto decreasing or depreciates today really this affect people because it's their source of generating revenue, so no one that will not be ready to lose.
3820  Bitcoin / Bitcoin Discussion / Re: Centralization in BTC Decentralization on: June 04, 2021, 06:09:51 AM
Widely distributing miners all over the world is unnecessary.
I think the factor we have to consider here via distributing of mining farm to different continent is the management, and power supply, because i reason that the facilities use for the farm needs government support, because allocating mining farm to country that doesn't have adequate power supply, automatically it will not come into existence, but but if really each continent have a centered place that is nice for mining farm, i think they should be allow for the establishment process.
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