I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
You should explain what type of bots you are using and your strategy for trading. I am not sure if TradingView supports trading bots, as I know it is an indicator-heavy platform. If you are using any third-party platform like 3commas, then be careful about its security. There was already some security concern about this type of 3rd party application, though they can be useful because of their variety of bots and other features. |
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Now the thing is, if the USD continues to face inflation this much, do you think the Global reserve would be worth anything much in the future?
You need to understand why do we need to keep a global reserve and why it's important. A country keeps its reserves to do cross border transactions. If india wants to trade with china then they will do that with global reserve. They will not use their native currency if there isn't any agreement between those two nations because it is not widely acceptable. If india accepts Chinese native currencies they will not be able to use that to trade with other country. They don't keep their global reserve as savings. This money keeps circulating and that is why we saw some countries losing their reserves when other gaining it. If inflation getting higher they will still keep USD as their global reserve due to its acceptance. Some countries wanted to change that but USD dominance is still very strong. |
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I really want know if getting more degrees can make life financially better because I come from a country where their are no job and I have seen people that the only thing they can do in life is to read books, getting more degrees attaining all these degrees yet no still go job for them with good pay. Do think people who read in a region with slim job opportunities are doing the right thing?
Most people who go for more degrees believe they can get better job at the end of the day. People that only go for more degrees in a stare with high unemployment rate are they doing right thing by putting all their focus on academic because this is the only thing they can do best.
Having a professional degree represents your level of knowledge. It has nothing to do with your skills or practical knowledge. Gaining knowledge and having practical experience are two different things. In your working sector your practical knowledge is generally real value for your contribution. I have seen people paid more because of their efficiency in their jobs when they don't have a higher degree. |
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I have been using Google since my journey to the internet. Google can be compared to a kind of assistant who knows everything and always wants to help. Though Google can provide misinformation sometimes, it is the best search engine I have used so far. Bing and DuckDuckGo are better than Google if you want to get only the legit source of information, but they don't have a massive database like Google.
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There can be regulatory pressure or their anti crypto policy that makes them take this kind of action. I think its normal to see this kind of negative news especially in the bear market but these same authorities will make positive statements in the bull market.
This type of news might frighten some people but it motivates me to make more investments in crypto because it shows crypto that they are in fear that it will shut down their business one day. People will be their own bank.
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I won't say there isn't any chance that bitcoin will be declared a legal tender, but the chance is very low. USA officials tend to take an anti-crypto policy, but due to pressure, they declare bitcoin a commodity. I think the SEC will try hard regulation, and the government will impose high taxes to discourage people from using bitcoin. They will try to spread negativity about bitcoin to promote CBDC as better than bitcoin.
This scheme is only to digitize USD or currency under the pretext of cryptography that BTC has been raising so far. For people who know very well about crypto, they will think twice about CBDC later. Because CBDC is not the intention or purpose of establishing blockchain and Bitcoin, CBDC is purely a ploy for the government or authorities to continue to monopolize the digital USD. I don't think it's about an established monopoly on USD because it already has that one. USD-pegged stable currencies and fiat currencies are widely adopted in crypto and the real world. CBDC will give people more control. If someone is financially dependent on you, you can force him to do anything for you. This will give the government more control over their people because they will be financially helpless. |
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I do agree with you that the govt will try to use CBDC to distribute this type of package but I don't think they will declare BTC as a legal tender. I think it's the opposite that they will go for hard regulation or not-so-reasonable taxation.
The fall of PPP is constant and there is nothing we can do about it. The more new paper cash comes into circulation the more it will come down. This is another reason the rally of BTC looks so fast and dramatic.
If we take a look at what has happened when a government is in power and the economy begins to go out of control, what we will see is that they will begin to restrict the freedoms of their people, like only allowing to withdraw a small amount of money out of your savings account, ban the use of foreign currencies, confiscations, banning gold, price controls and many other similar measures, then it is clear to me that in that scenario bitcoin will be either banned or regulated as much as possible, and there is almost no chance at all that it would be declared to be legal tender. I won't say there isn't any chance that bitcoin will be declared a legal tender, but the chance is very low. USA officials tend to take an anti-crypto policy, but due to pressure, they declare bitcoin a commodity. I think the SEC will try hard regulation, and the government will impose high taxes to discourage people from using bitcoin. They will try to spread negativity about bitcoin to promote CBDC as better than bitcoin. |
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I hope the deal is sealed though and OP understands what needs to be done in other situations rather than creating threads for just a single line question.
Often, the problem with this type of thread is that OPs ask these obviously needless questions but immediately disappear from the scene, making one think that they're not after answers to the questions they ask. I said OP's question was "obviously needless" because OP shouldn't be asking a question like that, having been registered on this forum in 2018. I bet not many who responded here knew OP isn't a noob account. This account was here the same year the merit thing was introduced in this forum. Perhaps the OP thinks that asking this type of question will show his interest in the forum, and some generous members will pour some merit into it. I saw recently that Meta has been flooded with new topics asked by newbies or accounts below member rank. Why suddenly do the demands for merit spike up with lots of newbie accounts creating silly topics in meta and bitcoin boards? |
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Topics can be rearranged using
- Show Most Recent Post at the Top
- add each user who spamming to your ignore menu.
- Using UserScript to make a specific account replies first
- Rearrange topics according to merits .
These are 4 simple ways will be enhanced by the quality of replies but I do not think that there is an indication of the quality of replies and changing the arrangement of topics will be a little more difficult to track discussions.
Do we have a benchmark of how we will determine the quality of a post? Sometimes comments that look stupid at first glance can be valuable if you look deep enough. People have different approaches and points of view to judge a topic and react to it. Someone's comment might just share his points of view and it doesn't add any real value to most of the forum members. BTW i am familiar with point number 4. How to use this use scrip? |
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War has a great impact on the economy because desire for resources increases but due to war one cannot get it easily. Trading mechanism in both countries will be cease due to war therefore neither they can export their materials to other countries nor they can demand from other countries for their needed materials.
Oil and gas which is also known as energy become more higher in worth therefore if it become elevated in price then related materials also boost in value. Sometimes people migrate from those countries where situations of war arises because everyone wants to live a better life and where they can find numerous job opportunities as country having war will not avail job opportunities for individual and everything will be effected a lot.
So far the war as of now has yet not arrived in a military showdown. But because we are still in an economic war, it is a slow suffering and sanctions are affecting those countries with no resources while oil countries are dumping USD. Once the war in Russia-Ukraine spills out, those allies are going to launch their weapons, it will be destruction and I hope someone with a clear mind will prevent it from happening because seriously, even the POPE who of all people will think of peace was calling for more weapons to be sent to Ukraine. For Christ sake, this POPE needs to be sent to Ukraine to see for himself. Those allies of Ukraine have already made it their weapon testing ground. We have seen how the USA is providing all the latest military equipment from their arsenal. Both countries are suffering because of this war, but Russia is taking more heavy damage than Ukraine. Their economy was already weak, and now this war is eating their resources as well. It will make them weaker than ever, and even China and Iran will look stronger than them. If somehow they win this war, they will not have the might to keep their influence over their occupied territory for long. |
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When I registered on the forum the general belief was that a crisis would favour bitcoin but if we see that in March 2020 it went down like all financial assets and that the inflation crisis and rate hikes by central banks have not been good for it either, I doubt that if we enter a crisis like the one in 2008 the price will react well.
What I am pretty sure of, however, is that if that happens the central banks will change their policy, print again as if there is no tomorrow and that will be good for the price of bitcoin, the post-crisis, where much of that printed money will flow into bitcoin.
I held the similar views about Bitcoin that its price will surge during the economic crisis, when I first ventured into the world of Bitcoin investment back in 2017. However, during the course of my journey, I learned that Bitcoin has very strong correlation with stock market and both markets are indeed influenced by CPI data or interest rate announcements. This correlation suggests that general public tends to sell various assets in their possession, including Bitcoins, during the period of economic crisis to fulfill their basic needs. Regrading surge in bankruptcy filing, it is very disturbing development. I believe this issue will may find some solution when FED starts reducing the interest rates in an effort to stimulate economic growth. Isn't it a common practice to sell assets during an economic crisis? It is true that the stock market and bitcoin have a strong correlation, and they both react to certain economic factors. There are people who think if they invest in the stock market, they won't get their money back, and there are people with the same mindset towards bitcoin as well. Missmanagement and corruption are the reasons behind this bankruptcy, and there are some internal bad actors as well. It will likely just be a quick decline for BTC and then pump up again going to the bull market. I would like to believe FED will start distributing stimulus packages again but this time they are turning the cash into digital currencies and this is where we can see more users are going to buy BTC as well. BTC will rise above all this turmoil and the government may declare it a legal tender. While BTC goes up in value, the USD also will drop its purchasing power. Meaning BTC may have $100K in price but the purchasing power may also be suppressed because of USD value. I do agree with you that the govt will try to use CBDC to distribute this type of package but I don't think they will declare BTC as a legal tender. I think it's the opposite that they will go for hard regulation or not-so-reasonable taxation. The fall of PPP is constant and there is nothing we can do about it. The more new paper cash comes into circulation the more it will come down. This is another reason the rally of BTC looks so fast and dramatic. |
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Custody service with the use of the bitcoin is quite risky with their organization I guess we know how does the market is volatile or else they have another plan with the bitcoin they hold like for trades or lending so they can earn back all of those possible lose, and also if these services have a lock period sure they will offer something to the holders like having a reward, an increase of APY and etc. but as a user you will lock their funds with this service is not good I guess they don't have the full authority to their coin and possible market crash might lessen the value of their asset.
For a company with 1.34 trillion dollars assets (and imagine their profits) that type of money would be "peanuts" (pun intended lol). I am sure that they will try to find the best cold storage method that they could before they do this and they will not have any trouble at all, I get that some people may think about it differently but I think it is going to be as good as it gets. The best thing about this would be making sure that things are looking smooth, because if they can make it work for even just a while and people do not see any issues there at all, everyone will start to join even more. First order of business would be starting and having no issues for a very long time, rest will be a lot easier after that. It doesn't make sense for them not to use a top notch tech company to build cold storage methods for them. They wants to make profits and attract more custormer to use their services and they know some customer would be skeptical of using this type of service from a bank. Crypto is usually stored individually in a privet wallet so if they are using this kind of service through a company then they need to convince their customers that it will be better than self-custody. |
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When Elon is the most vocal here then what is he doing with his electric car? even if his gas emissions are minimized with the Tesla car that is his mainstay then is it not dangerous because basically he is just transferring environmental damage from renewable energy to radioactive waste.
Elon Musk and other advocates of innovation are exploiting the popularity of the “renewable energy” culture to promote their projects, and their primary goal is not to search for serious solutions to energy problems in general. When Elon Musk thought about producing electric cars under the pretext of reducing the use of fossil energy, he did not specify the energy sources that his cars would rely on because the production of electricity also consumes many resources, and any attempt to replace it with one of the renewable sources will cost more than the profits expected from it. They are businessman not scientists. They all want to make profits and they want to build an empire their own. To do this they need to be visionary and needs to do predict the future trend. The human race is using fossil fuels for a very long time and its negative impact is visible in some countries. They knew one day there would be a rise in carbon emissions and demands for renewable energy. So if this happens Elon and his tesla will be at the top of the empire already by that time. |
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When I registered on the forum the general belief was that a crisis would favour bitcoin but if we see that in March 2020 it went down like all financial assets and that the inflation crisis and rate hikes by central banks have not been good for it either, I doubt that if we enter a crisis like the one in 2008 the price will react well.
What I am pretty sure of, however, is that if that happens the central banks will change their policy, print again as if there is no tomorrow and that will be good for the price of bitcoin, the post-crisis, where much of that printed money will flow into bitcoin.
I held the similar views about Bitcoin that its price will surge during the economic crisis, when I first ventured into the world of Bitcoin investment back in 2017. However, during the course of my journey, I learned that Bitcoin has very strong correlation with stock market and both markets are indeed influenced by CPI data or interest rate announcements. This correlation suggests that general public tends to sell various assets in their possession, including Bitcoins, during the period of economic crisis to fulfill their basic needs. Regrading surge in bankruptcy filing, it is very disturbing development. I believe this issue will may find some solution when FED starts reducing the interest rates in an effort to stimulate economic growth. Isn't it a common practice to sell assets during an economic crisis? It is true that the stock market and bitcoin have a strong correlation, and they both react to certain economic factors. There are people who think if they invest in the stock market, they won't get their money back, and there are people with the same mindset towards bitcoin as well. Missmanagement and corruption are the reasons behind this bankruptcy, and there are some internal bad actors as well. |
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After the Middle East, Africa is the most tensed era in the world, i think. This region is full of natural resources, and major powers use this regional instability to get these minerals cheap. They can be the producers of gold, diamonds, silver, and other minerals that have different uses in our economy, but we don't eat them. So as long as people are fed, there won't be much trouble on this globe. I think the Russia-Ukraine war caused more damage to the world economy.
It is long overdue for Africans to fight for themselves and having these coups is one of the ways to fight for their freedom. I may be asked if these countries are still being colonised till date but the answer is no. But if you look inwardly you will still understand that Africans are indirectly still under colonial rule and this time it is caused by their selfish and greedy leaders. The mineral resources of the Africans are not refined in Africa, rather it is transported to Europe and refined there, the remnants of the refined products would be transported back to the African countries and sold to them in an expensive prices. The corrupt African leaders rig themselves into power and their European counterparts will justify the act in order to unjustly continue benefiting from the gross impunity. Due to poor economic conditions, western countries manipulate their politics and economies. Europeans talk about human rights in other parts of the world, but when it comes to the African continent, they become blind. Why are these countries still in these conditions when they are the richest in the world in natural resources? Europeans just wanted to keep their claws in these countries to fuel their economies, nothing more. |
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Please let me clarify first: anyone who is extremely poor or wealthy is not included in this discussion. Only those who are employed with steady income, some savings and spare time will find this topic useful. I guess most of us are doing fine now but financially we have to face one common problem: how to spend money. This issue leads to many consequences if not handled properly. Here I would not start any broad and subjective agruement. To deliver my message clearly, I am using some specific examples to elaborate. For example, a lot of peole complain that their income is not enough to cover their daily expenses so they can't save much money while...they spend seven bucks on a cup of coffee almost every morning, throw a hundred dollars on some gym membership cards but never show up training, have dinner with some random girl in an expensive restaurant, buy drinks in bars and waste hundreds of dollars... The list goes on and on. If you live this kind of lifestyle and at the end of months, you are running out of money or can't pay the mortgages, whose fault is this ? I can not provide any statisitics but I am sure that many people have fallen in the trap and can not get out. I hope you are not one of them.
That's right, such a problem is found everywhere. This is called spontaneous spending. For example, you want a smart watch for yourself, but you understand that it is expensive and do not buy them. Then some event happens in your life that pushes you to this purchase, for example, your friend bought himself such a watch and brags. And then you go and buy them. At the same time, later regretting, because this money could have been invested. From this way of thinking, it helps to keep a diary with all expenses and earnings. I do that. If the purpose is valid then it is okay but most of us have just seen it somewhere like from a friend or on social media. We tend to want it already even if it is useless to you. Let's say you want a smart watch as it is needed for your productivity at work. That's good but if it's just for fancy things that's not good. If we do have tons of money that makes it impossible to go broke then it is okay to have those kinds of fancy things but if we are just struggling financially then it is not good as it makes us more stressed. We live in an era of consumption, when people with a good standard of living buy things without even thinking about whether they need these things or not. I make these purchases in order to show others my status. And for this, many people are willing to shell out huge amounts of money just to show off how much they can spend. This is called a consumer society. I believe that you need to buy only the necessary things, as is customary, for example, in Sweden or Norway, where people choose only really practical things. Which will serve these people for a long period of time without breaking. This approach also makes it possible to solve the problem of ecology and uncontrolled use of resources on our planet. Unnecessary spending has become a bad habit in our community. People want to show off how rich they are. They think this shows their capability and ability to do whatever they want, but they end up in debt and broke. If your monthly expense is $40,000, then you need to have sources that can bear this consumption rate. People wanted to spend money on fancy things until their pockets were empty. |
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After the Middle East, Africa is the most tensed era in the world, i think. This region is full of natural resources, and major powers use this regional instability to get these minerals cheap. They can be the producers of gold, diamonds, silver, and other minerals that have different uses in our economy, but we don't eat them. So as long as people are fed, there won't be much trouble on this globe. I think the Russia-Ukraine war caused more damage to the world economy.
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Both sides have their own responsibilities. The government needs to create more jobs for youth and build up a business-friendly environment so that new businesses and startups can grow. A competitive market can bring more job opportunities and ideas, which can solve the unemployment problem in a country. We need to train ourselves to take advantage of these opportunities so that we can be financially stable.
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The thing is one way or another the stress of not being financially capable is going to catch up to you. The only real thing you can do about this is give yourself a breather every once in a while, congratulate and reward yourself with a whole day or week of not minding your financial woes, just like what a couple of people in here have said. It's also important that during these times of recuperation when your mind is at the most clearest state it can be, you'd have to actually formulate plans and find the root cause of your money problems, you should be able to pinpoint it by then, and create a plan that would solve this issue for good so you don't have to stress yourself over money anymore.
Yeah, taking a break from work and spending quality time with the family will help a lot. Just keep yourself reminded that there are people who are having worse than this. So if they can, why not me? Life goes ups and down. We all had to struggle financially for a time in our lives. This makes us strong mentally and gives us the courage to overcome every hardship in our lives. |
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I just clicked on your merit history now, and I can't fine any off-limit or deleted post-merit. If you are seeing that from your end, it's possible that you have ignored that topic and not the moderator ignoring them.
Sometime we can mistakenly click on ignore user without realising it, or you might have tried to create an ignore board and you included the topic you receive your merit from. Those are just the possible explanations I can think of.
You are right. I put that specific board in my ignore list recently, perhaps by mistake. I thought that post was removed or deleted by moderators, but I wasn't sure why that post was still accessible. Thanks for pointing out the real reasons, and it's silly that sometimes we fail to notice small changes and get confused about what just happens. The problem has been resolved, but I will keep this post open so that interested people can continue their discussions. |
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