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3821  Economy / Trading Discussion / Re: Never catch a falling knive on: March 09, 2021, 11:14:37 PM
Well, a lot of newbie traders would like to argue with you. They want to jump onto the last carriage of the departing train and see no variants but to be in a furry and to take some loans or to start mining immediately even if it is mining from an old-old notepads without appropriate equipment.
A falling knife is a colloquial term for a rapid drop in the price or value of a security. The term is commonly used in phrases like,Falling knife refers to a sharp drop, but there is no specific magnitude or duration to the drop before it constitutes a falling knife.A falling knife is generally used as a caution not to jump into a stock or other asset during a drop.Moreover, even buy and hold investors can use a falling knife as a buy opportunity provided they have a fundamental case for owning the stock.
Some might be seeing this falling knife as a threat or a warning but actually this is really an opportunity for someone to take but we know that there is always accompanied with risk
You wouldnt know on how deep would be the fall is and there is no specific percentage for a certain situation to be called as falling knife as you mentioned this is why its up to someone
on what are the decisions he would be making on that particular time.Some do panic sell out without minding the opportunity that they can actually buyback for them to recover up
the loss somehow.Mistakes are common but we shouldnt limit out ourselves on taking out chances that can really help us out.
3822  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi Tokens on: March 09, 2021, 09:59:32 PM
already invested in one interesting token - PEAK
you can check their website - https://peakdefi.com

APY is up to 85% - really good.
APY for 85%?

I wouldnt touch these kind of projects that do give out something like that even if it do talks with DeFi ground then it isnt still believable.
Also, shilling out some projects wouldnt really be that much of effective.People on this forum are wise and cautious when it comes to projects in the market.
Offering something good or things which is unusual would really be giving out that doubty feeling.
3823  Bitcoin / Bitcoin Discussion / Re: How much btc do you need to secure your future? on: March 09, 2021, 09:22:56 PM
If we talk about how much bitcoin is needed then I believe basically it will never be enough, look at the rich and successful people out there they will continue to dig, seek and chase gold, money and other assets until they can no longer do it or die. At least, it proves that humans will never be satisfied with just being rich, because over time there will always be many different needs that will keep you working to get bitcoin and whatever assets there are and that will never be enough, because as long as there is still a chance to get it then they will never stop.
There's no enough for a human being as long he can accumulate as much as he can he wouldnt be still contented on what he had currency but still seeking out on possible
money that he can extract out from something.So lets say that 21M coins wouldnt be enough?  Cheesy When it comes on securing future then it would be able to calculate
up even having no job nor investment you can still make out amount presumptions but still basing off on what kind of life you've been targeting on but since
you do have lots of money then that would really be on that extravagant side of things.
3824  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Earning interest on coins through DeFi. Is it Safe/Legit? on: March 09, 2021, 08:27:32 PM
Earning through staking on Decentralized Finance platform has been a great tools through which people make passive income in the past few months. It works like having a fixed deposit in bank. And this staking features has helped a whole lot not in driving series of DeFi coins or token to a very high ATH as it brings about people acquiring more to be staked and reduced the quantity offered for trading.
It helps the market and economy of that token because it locks tokens on those platforms for a certain time. And when that happens, there's a lesser supply in the market which makes the price a bit higher. But I'm not still on it.
I don't find the rates are good for me and I better choose holding than sending it there.
Do it ever in this investment does offer some reasonable or tempting rates or interest of your coins to be held up for a specific period of time?
So far in my experience i havent seen one and when it comes to risk ratio then i dont see for it to be worth on putting up your money with this one.It is much more worth if you do just simply
held of your own coins with your own wallet and you might able to earn bigger than into those interest that had been offered and not just talking about on the money you can possibly
earn but also with the risk because letting those 3rd parties handling out your funds isnt really that giving out confidence on my part, nothing beats out when you do
possess the keys rather than on others wallet.
3825  Economy / Economics / Re: Bitcoin could win the currency war on: March 09, 2021, 07:58:04 PM
It was a old discussed topic.Actually bitcoin had won the war.Nearly 50 percentage of people know additional about bitcoin for now.It's only occurred with the price pump of 50k$.It was a smashing rise in the price of bitcoin.Eventhough their is mighty conclusion of price of bitcoin will reach 100k$ this year. My personal opinion is, the price of bitcoin will cross the value of 70-80k$ only.
When it comes to price speculation then it would be a limitless talks because we know into its true potential when it comes to those new ath's that we can possibly seen.
When it comes to war thing then i dont recognized in between fiat currencies even though crypto did really get some recognition but doesnt mean that it did win completely.
It would just remain as an alternative and wouldnt really become the mainstream ones this is why i dont see the point on why they do always clash out these things.
Fiat cant be replaced and crypto would be always a second option.Period.
3826  Economy / Trading Discussion / Re: Newbie traders - Learn from my mistakes on: March 08, 2021, 11:19:00 PM
crpto is not a child play especially for new members. i dont see a reason why a newbie without any knowledge will jump in and start taking trades. there is always a volatility disclaimer on crytpto trading. try to always learn in anything, learn and apply then you become powerful.
Everyone do start on being a noob this is why its somewhat expected for those kind of behavior for a noob to do such thing but sooner or later he would really be realizing that things should really be dealt up seriously if he do like to survive into this market.This isnt indeed a childsplay because you are risking out your money which means you need to be serious on prolonging yourself or survive on the market.
Learn from your mistakes because you wont really be making yourself better if you dont really learn into those things that you had experienced.
Try to hone up your skills and knowledge as you do trade up with the market, this might not be an easy journey but somewhat can really be able to handled out.
3827  Other / Archival / Re: DeFi hyip is over? on: March 08, 2021, 10:20:25 PM
defi hype is still not over yet, look now they have recovered from the dump and those who have less good products are still struggling to recover and i think the defi hype will really end next year

DeFi will still be a trend and it seems that currently the price increase is dominated by many DeFi projects. DeFi will continue to grow because investors will think more for the long term and also get passive income and this will be easy to do with the DeFi project.

I don't think so, Defi trend I think is over but some whales are trying to keep this trend alive so they can make quick money.
They will continue to launch the new Defi projects
Coin / Token  Defi project is good for day trading but not for long-term investments. IMO


There are still DeFi projects trying to launch these days. However, they need to give a solid foundation here first as most of them already exited the stage. So the investors are now looking for tangible products or services. Though it is not yet over, but they need to show more concrete results here and not the beta stage of their services.
Even ICO's now arent over yet since there are still project who do keeps on launching out and finding some funding from investors on this market but well, we can really tell the difference when it comes
to success rate because this isnt something just like on that ICO craze where most projects had been funded up due to investors interest or being hype on that time.We arent seeing those things
as of this moment as if the investors itself do become wise and careful on where they should be putting up their money because scams and fraud projects are already rampant into this place.
which means you would need to be careful on choosing which one should really be funded not just on carelessly picking just because someone had suggested it.
3828  Economy / Marketplace / Re: How to start a donational fund for the Philippines people? on: March 08, 2021, 09:59:00 PM
Its a no-brainer action. If you don't want to go crypro, then open a Gofundme account. If you want to go the crypto route, then open a bitcoin wallet. In all, request for donation

It's not easy as you think since many is so skeptical and doubt for the intentions especially the newbie account creates a topic related to donation drive. Maybe the one who plan to conduct this plans are those people who want to execute some deep verification first so that donators will know on where there money goes since we are dealing with money and many scammers are attempting to do anything just to get money
Everything should really be in process from verification to releasing off those funds to the right path and as you said on where there are lots of scammers out there which are just pretending or making
use of these genre to lure in people and for them to scam out money with those kind of ways this is why further verifications is somewhat a normal thing.It wont really be that easy even
trusting up funds into someone online is still hard to be done but actually there are really people who are trusthworthy on this place though but building up that kind of
trust and reputation isnt something that can be attained overnight.This do involves lots of legit works and sincerity on things that  he got involved.
3829  Bitcoin / Bitcoin Discussion / Re: Why bitcoin mixers are only for criminals on: March 08, 2021, 09:27:35 PM
Criminals has privacy coins if they want to get real anonymity. Or cash. Bitcoin is not the best even after mixers
We are already on digital age or era which means that anything that do implies nor involved with anonymity will surely be considered to be one of the best ways on making out these illegal transaction.
Those words you have said was indeed true somehow but there are other coins which is more anonymous that Bitcoin itself which is im talking with Monero etc.
It is just a wrong perception to have this to be implied on mixers because they arent really created solely for criminals but rather on pure anonymity itself.
They are just taking advantage with that one.
3830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you want become Rich from HODL? HODL ETH! Read here for the reason!! on: March 08, 2021, 08:52:10 PM
This is the reason

Quote
Ethereum whales have been on a buying spree since November 2020, currently holding 68.7% of the total supply, while Grayscale has doubled their ETH stack.

Although Ethereum’s price has tumbled by a few hundred dollars since its peak in February, whales have continued to accumulate large portions of the second-largest digital asset. Recent data revealed that large ETH investors own nearly 70% of the total supply – the highest level since late 2017

https://cryptopotato.com/anticipating-ethereum-2-0-eth-whales-hold-nearly-70-of-the-total-supply/

Now, ETH is $1,700. I will update this thread when ETH 2.0 implemented around 1-2 years later and we will see how much profit/loss we get on that time.

P.S there are only 30% Ether on market....
If that huge percentage been hold up by those institutions on the entire market then i wont be surprised that this project will really be slumping down to the floor once they would decide to sell off those holdings.
Im not really that eyeing too much on ETH 2.0 because that would still takes time but if that one comes then selling off with huge bags will happen.For those who can take up risk on Holding and accumulating
ETH then it would really be varying or depending on someones risk managemen.
3831  Economy / Economics / Re: How do you define rich? on: March 08, 2021, 08:18:31 PM
How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?

To me rich is achieved once ypu lose any and all stress related to financial requirements for living.  If you generally never have to worry about more money coming in than you are well off enough to be considered rich I would think, financially speaking.  I dont think there is a defined number because being rich in one area of the world would not be rich in another so its all dependent on personal situation
I am with this and i do really think up the same when we do talk on being rich is to someone who dont really minding about any financial stress and thats to be considered as rich.
When it comes to definition that do came from person to person depending on where he do lives then it would really vary since not all countries does sit on the same situation
which means they will really be in different in terms of value but still it wont really be an issue because we do have our own preference when it comes to things.
You might be rich in your country but not in the other countries that you havent known and thats a fact.
3832  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 08, 2021, 07:48:03 PM
Only very little people have preserverance needed to be success and that goes to other things aswell, even in life only very few people could succeed the rest just becomes canon fodder for the succesfull people but when it comes to trading im pretty sure the remaining 5% consists of vip groups that got fed with information from the higher ups people and very few individuals, (no im not talking about crypto but stocks in general) but when it comes to crypto I guess people like the small fries have more chance.
There are actually more individuals that are successful in trading. Traders are using technical analysis and have a basis on their trades. I am assuming that VIP groups are a signal group that most likely is using technical analysis on their signals. Losses are inevitable in trading, and losing doesn't mean you aren't successful, It's one of the obstacles in gaining winning trades.
There are people who do really make out profits but to think that there are lossers and gainers of this market which simply implies that anytime there's a profiting trader
there would be a losing one in the other side which simply shows that we cant really determine on what percentage does the entire market does have those gainers
and losers when it comes to their investment. 95% is a bit high if we do really say that they are losing because if thats true then we wont really be seeing
much liquidity on this because people arent really making money at all.
3833  Alternate cryptocurrencies / Altcoin Discussion / Re: Simple Question - Your investing Strategy on: March 07, 2021, 11:46:26 PM
Doesn't need long complicated answers - just a simple question:

Do you invest
1. mainly on price/the market trends
2. mainly on the underlying usefulnesss of the token
3. pretty even split of the two.

4. Lets not talk about its current price but talking about the potential that it has.
5. Real usage or utility will always be the key but of course hyping or good marketing will spark it out.
6. Diversification is recommendable but it isnt always ideal from time to time.
3834  Economy / Speculation / Re: Has Elon Musk's twit caused the Bitcoin bubble burst? on: March 07, 2021, 11:22:43 PM
Pump & dump
Elon is using Doge as an accelerator.

Buy Doge stealthy then promote it and make instant 800% over it.
Inject into Bitcoin and wait for that to go 400%.

So 1M becomes 8M becomes 64M... that’s how you make huge profits...
This scenario only happens if you buy at the dip and sell at the peak, and I think no one cant do it, if people see the price increase 100%-300%, they will sell it immediately, no one waiting until become 800%, Even Elon Musk can make doge price become 800% but it's not mean all people will gain 800% profits

Buy before you hype it. Then during the hype buy some to fake your position and start the upward momentum.
Then when everyone is buying GTFO...
Casual manipulation? This isnt something new and thats the typical movement on where these people do buy when the market is silent or doesnt have any news or events
and then they are trying to hype it out and buying to make some realistic movement to fool up the community and would be doing the same.Those people arent
really that dumb to hype a market and wont be considering on making profits with it.Those are wise bastards as usual.
3835  Bitcoin / Bitcoin Discussion / Re: How much btc do you need to secure your future? on: March 07, 2021, 10:38:07 PM
100 BTC would be enough for me to say that it will be securing out my future not only on having all the necessary things in life like home,clothing,food and other needs but also
on securing things on making out traditional investments not only limited to cryptocurrency but also with those typical physical businesses. How i wish i do have those amounts
and for sure that most of us does have the same targets in life this is why we've been doing all sorts of things for us to earn into this market.
Well, dream is a dream but doesnt mean that it would be impossible to happen.
3836  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty hunters are getting axed harder on: March 07, 2021, 09:59:24 PM
Investors really look down on the fate of bounty hunters because bounty hunters only receive 1 - 5% of all supplies and are distributed to all campaign participants. but bad luck was again received by bounty hunters when the price of the coin fell in various markets. even though the bounty campaign participants received only 1% of the total. but still bounty hunters are the scapegoats for investors to blame.

How many percent of total supply do you think bounty hunters should receive?
After all, ICO or IEO are made not so that bounty hunters have campaigns, but just to sell tokens to investors.
If bounty hunters were getting more percent of the total supply, I'm sure the price would drop much faster and a lot more.
Its just nonsense for them to give out big percentage of tokens to bounty hunters knowing that this is just part of advertising or marketing thing then it isnt really just too big.Basing off on experience
then most bounties do give out 1-2% maximum in overall supply which we can say on how the hell bounty hunters being blamed off with price dump? Why not really blame off those
investors itself when it comes to price decrease on said project.This is a common problem on where bounty hunters do experience neither they do took the blame
or wont really be getting paid out in the end of the campaign.
3837  Economy / Economics / Re: people stop complain about economy and ccovid on: March 07, 2021, 09:22:15 PM
Security is an illusion. We believe that we live in a good world in which bad things only happen. We actually live in a world full of bad things, but everything is relative. It is important to understand that your safety depends on you, your skills and knowledge. No one should have any illusions about their life. Any of us can die at any moment, because anything can happen. The collapse of economies is a natural and expected process for which people should prepare in advance.
Success wont exist if Failures arent there and also there's no such thing about safety if there are no dangers that do exist.This is why we should really be dealing with off
these things without minding about perfection.Complaining about things wont really change a thing but rather its better to deal with it and better secure things or make
out back up before things do happen so that you would able to save up yourself in possible hard scenario.We are all suffering with this pandemic and also with
countries economic matters this is why those kind of reactions are pretty normal.
3838  Economy / Trading Discussion / Re: Trade by yourself on: March 07, 2021, 08:54:30 PM
Perhaps they can benefit on certain signs yet it is distinctive when you do it all alone. Those signs are not reliable they could wreck, they are simply merchants too not psychics. Appropriate planning is the thing that we need when we exchange with our resources since, supposing that not, we will unquestionably lose a specific sum in exchange.
Varies on personal engagement and awareness of things, if you do find out that it isnt working or it do result losses most of the time then why would continue or proceed on doing so?
I dont see much of benefit on following someone when it comes to hints or tips about possible pumps or movements.Its not bad to check out but also always apply your own knowledge
and experience neither those are realistic ones or not, its up to you if you would adapt it or not.Always follow on what you do see is right basing on your own analysis.
Once you do lost a trade then that wont really be leaving out some regretful feeling.
3839  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Need some help to Understand Bounty campaign on: March 07, 2021, 08:40:29 PM
There are so many bounty campaign that moderate by newbie with 2/3 activities, is that kind of bounty are safe and believable?

My personal opinion is that the rank in the bitcointalk of the bounty manager is not so important. There are campaigns that have their own managers and they create new accounts. There are those who choose the services of specialists such as bounty detectives for example. If you want to research the bounty campaign and the project itself has much more important criteria to follow, there are many open topics here about this.
This is true but not all the time because i do always much prefer on joining bounty campaigns which do came or being handled by those known BM's on this market rather than on
joining with those newbies but same as you said but it isnt all the time on where these newbie managers wont really able to end up on having a successful bounty campaign.
I cant really just trust up those low ranks on handling out campaign even though success isnt really guaranteed to those known managers but at least you do know that
they are screening out those projects first before they do decide neither they would be handling it out or not.
3840  Bitcoin / Bitcoin Discussion / Re: Where does Elon and Saylor store their bitcoins? on: March 06, 2021, 11:53:26 PM
Why does it matter where those guys store their bitcoins ?
Even if anybody finds that information out, he/she shouldn't bring out that information since it is something private.
These kind of sensitive information should be kept private otherwise there are a good chances of hackers attacking you.
I have the same question on mind on how people do really need to find out on where these people do store up their coins?Yes, its true that they are famous
but doesnt mean that every single step that they would make would really be known by the public.Even if we do spot out on where they do purchase those
coins but we wont know on where those coins will be ending up to be stored up neither on a hardware wallet or a non custodial wallet.
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