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4401  Economy / Economics / Re: What online service / product would you buy in this recession ? on: May 24, 2020, 08:15:57 PM
What online service / product would you buy in this recession ?

What virtual product/service would you buy now ,knowing that there is a economic recession ?
I have been dealing online shopping a lot more frequently during this break. I normally never use amazon for example because its not something I really care about or use since I can get everything just 100 meters away from my home at a grocery store. They have everything I would need daily, and for the expensive stuff I love to go and check what I am going to buy and buy accordingly.

With corona and recession, I realized I couldn't do that and I need to find the best prices for everything to buy them cheaper and I realized amazon is the best place for that because its cheaper. I can't get all of my daily needs but for the other stuff I could find on amazong I have used it like crazy. It is not just amazon, I have used all the online shopping places, I compared the prices and realized they are both cheaper but also safer since I don't have to go outside to buy anything.
4402  Economy / Trading Discussion / Re: New to trading on: May 24, 2020, 06:53:48 PM
I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.
Are you new to crypto trading or trading itself? Because, you sound like you are complete newbie for entire trading field. If I am correct, please take time to educate yourself and then try to trade cryptos. If you are a busy person then you may buy bitcoins alone and keep holding it for next 12 to 18 months to get some bigger profits. Do not try trading altcoins without sufficient knowledge about predicting the market directions; else you may get trapped by market fluctuations.

You can study on your own by reading books but I preferred to enroll in online class so that you will learn strategy from pro traders which is very essential in trading unless you want to loss money first to experience the real trading.
There are many more study materials on crypto trading and about general trading strategies are available; just googling will help anyone. I recommend to go for video tutorials on youtube. You mentioned about some online classes, could you link them here so that it would be more specific and easy to find for the people like OP and myself Tongue.
4403  Economy / Trading Discussion / Re: Is it time for us to get back to trading? on: May 24, 2020, 06:26:38 PM
Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?
Yeah, the pandemic made all of us trading at one point. Right now life is a bit boring and there is also not much we can spend money on so we are actually doing a lot better economically than before compared to some people who lost jobs. This pandemic created two type of people. One is the people who have lost a lot of money because they lost their jobs or they are on unpaid leave or basically anything like that and they lost money in general.

The second one is the people who didn't lost their income but they can't spend it on anything but the things they really need (like food and all) so they have a lot of money saved up at the side. That resulted with people actually getting back into bitcoin or crypto in general since that at least made them have a bit more fun during this very boring period.
4404  Economy / Trading Discussion / Re: Small assets, trade or invest? Good decision? on: May 24, 2020, 03:27:39 PM
By investing or trading or even all together is good choice to make profits but it depends on the one who is going to invent their capital and how much risk they wanted to take.IMHO trading will all of your capital will put you in more risk so even if you have small capital then try to split them for long term investing and short term trading.
That sounds like more realistic suggestion still I will suggest to go for trading only with the least possible capital and all rest should go for investing in long-term objectives. Splitting the capital is the thing most people never think about; but if we try to follow the basic principles of investments then diversification must be the very big rule every investor must need to follow. Unfortunately most people are learning this by experience.

I remember when I chose to trade, I experienced a lot of struggle as I lose a certain transaction and regret it afterwards,
but I never stopped and instead I continue those transaction because I got a lot of profits sometimes.
But the right approach must be, you should have stopped your trading for sometimes and you must have gone for learning from the mistakes which led you to losses. If you are trying to focus on not repeating same kind of mistakes then I'm sure all your trades will be profitable and you might be having very less number of losses. There will be no meaning of continuing when 1 or 2 trades alone getting us profits; profitable trades must be in greater number compared to occurrences of losses.
4405  Alternate cryptocurrencies / Altcoin Discussion / Re: The Fate of Privacy Coins on: May 24, 2020, 02:52:54 PM
Imagine if all centralized exchanges decided to stop the trading of privacy coins to Fiat or any other cryptocurrency. People will only be able to access them via decentralized exchanges or atomic swaps. The fact that they'll be considered "illegal", will make many people skeptical about using privacy coins in the first place.
I am not seeing it as a problem ONLY for non-traceable cryptocurrencies but for all the cryptocurrencies'. Yes, if governments start providing regulations to exchanges and banks on limited support on few or all the cryptocurrencies then we must need to think about alternates. I guess this is the reason we are already having P2P trading model. After decentralized exchanges or atomic swaps, P2P exchanges within a government approved platform may survive without any need of government/federal bank's support.

There was a news/rumor about monero like some governments are enforcing exchanges to delist it. But, I believe any such a threat are indirectly make them more popular as more people will get aware of such coins and their features and applications.

Overall, I am not seeing any down trend for privacy oriented coins even any government tries to regulate them; those coins will find an alternate way to survive to serve the crypto community.
4406  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETHEREUM UNDERVALUED OR OVERVALUED on: May 23, 2020, 08:24:48 PM
Definitely undervalued, there is no way ethereum that peaked at above $1.5k should be anywhere near these prices. I get that some altcoins dropped a lot, some even lost 95%+ of their value but they are not ethereum. Look at bitcoin, its peak was $20k, right now it is a bit above $9k, that is around 50-55% drop from the all time price. If that was to be ethereum, the price of it would have been around 700 dollars right now give or take.

I am not saying it is undervalued at under 700 dollars, but more like 500 dollars is the right price if you ask me. As long as the price of ethereum is under 500 dollars, it is undervalued in my eye. And on top of all that, we are moving towards staking, which will make the price of ethereum skyrocket I hope since it requires people to own it and not mine it.
4407  Economy / Trading Discussion / Re: The low risky way to hold Bitcoin. Buy Bitcoin now, i can't wait anymore on: May 23, 2020, 07:05:05 PM
Honestly the riskless method doesn't exist.

This is trading and in every trading there is some risk. Definitely you can drop that risk as low as it gets but we can't say there is zero. The only method I know that has the lowest risk is basically putting all your money into bitcoin and waiting for it to go up because it eventually does, always. Even if you bought at 20k, that will eventually be reached, it took so many years but I believe eventually we will be above that as well but waiting part is the risk part there.

So, there is no method that is riskless, but there are methods to lower the risk, some people literally do 100x leverage margin trading to make the most amount of money they could by risking a lot, but those are also the same people who make a ton of profit too.
4408  Economy / Trading Discussion / Re: Trading mistakes on: May 23, 2020, 06:15:23 PM
I totally agree with all of them, they are very basic and I understand that people who have been here long enough knows all of this but do not forget that there are many newbies here who have no idea about what is going on, hence I think this makes sense to actually publish and show to newbies on what they should do.

There has been tons of people who lost money because they are followers of others and do what "experts" say without checking why they said what they said, they overthink and overtrade as well, all of these are common mistakes. Maybe margin is a bit rare because not many newbies do margin trading but that could be more like newbie to merging trader instead of generally being a newbie in the crypto world. Kudos for making this topic and putting these into words so skillfully.
4409  Economy / Trading Discussion / Re: Need advice on becoming a successful trader on: May 23, 2020, 05:42:47 PM
You might be right that demo and real thing are different and when you are doing real trading you will be more careful because when you lose you are not losing demo money, you are losing your hard earned cash there. However starting without demo is not the solution for that, just because you are trading in demo doesn't mean you are going to act like your money is demo money too, so when you do demo and get better and eventually go to real trading you will still act as if it is your money and be careful.

Hence, I do not see any reason to not try the demo part out first and see how it is and how it feels and how you are doing, if you are doing fine you will end up with simply going to real thing, but if you are very bad even at the demo part you could hang around and learn a bit more.
4410  Alternate cryptocurrencies / Altcoin Discussion / Re: Resist all temptation to fomo on: May 23, 2020, 05:16:08 PM
FOMO is literally the worst time to buy bitcoin, just because its going up doesn't mean it will continue to go up forever. People seem to get excited about profits literally at the moment they should be excited about selling, literally the reverse of what should happen happens. When bitcoin price is 6k, people should think about buying because that is low and they could sell higher, what do they think? About selling in panic, why? Because, they think it will go to 3k or even lower.

Obviously, it doesn't and price goes back up. Same with 10k, when it reaches 10k, people think that is time to buy, because they think it will go to 15k or more. At the end of the day, buy when it goes down and sell when it goes up, simple logic but millions in the world not only in crypto but everything in life, fails to understand it.
4411  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Way To Make Money From Crypto In 2020? on: May 22, 2020, 08:29:43 PM
The year so far has not been good for those that do bounties. Like many of you I am happy to say that I made a lot of money in 2017/18 just from promoting ICO's. But those days seem to be long gone. I have found something else that is making me nearly as much as I did then but there is more than one way to make money from cryptocurrency and I would like to what you are doing with crypto and if it is giving a good reward for your efforts.
Mining is a really good way to put together a big amount of Bitcoin, but it doesn't come easily. After the halving that took place recently, a lot of things have changed, so you will have to be considering them before you start mining Bitcoin. Some miners have closed their mining business because they couldn't continue with it, especially those of them that had weak miners. Another thing to consider is electricity, if you're living where electricity, that would be good for you.

You can as well try out Coinworker, there are lots of microtasks to complete and they pay around $0.05 to $1. I wouldn't really recommend faucets, although I have seen people who claim they are making up to $200 from faucets, I don't know how true this is, I have tried every possible strategy and they never worked.
4412  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 22, 2020, 05:07:39 PM
Money is not everything in life, life is everything in life Cheesy. If even one player dies, just one of them, everyone will realize that all of that money that could be earned would be for nothing. Hence I feel like the return would be too soon. Plus, there is a quicker recovery in Italy compared to many places only because they literally died to get rid of the virus. In other places it takes longer because people are trying to recover from it and that takes time compared to dying.

You can still bring back football, but I still suggest keeping everyone in check for a longer period of time, it is not only about players with no corona playing since that is safe, it is about also protecting the players from getting corona which will be very tough work to do when you let them be.
4413  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: May 22, 2020, 04:01:11 PM
I don't know, is 3 million really that big of a deal for these teams at all? I get that this is a financial thing and eventually you want to make good financial decisions but 18 million looks like its nothing for these teams so I don't understand the difference between spending 18 million on perisic and just loaning him, it shouldn't be that much of a deal to them is it.

I mean Bayern pays more than that to Neuer just for his salary, let alone transfer fee if he had one. I am not saying perisic worths any of this, but if they think he is good enough to keep they shouldn't really about that much amount, they are making a hundred times that every season anyway. Or better yet, they could find a better player, there are tons out there, sure could worth more but at least would be much better than him.
4414  Economy / Economics / Re: How Will the current pandemic affect the crypto market? on: May 22, 2020, 03:19:45 PM
It even got below that division of two, but the price was able to rebound after a short time. I don't know what's going to be next after this Halving, but the price has been slowly going down since the halving took place. It was getting close to the $10,000 mark and all of a sudden it started getting down, currently at $9,100+. It seems like the demand is less, and this is likely to cause some miners to drop out soon if they are not covering up their expenses from mining.

We all already know what might happen if a huge number of miners should drop out, and there are already some of them that can't mine again after the Halving took place, because they are using weak miners, like the Bitmain S9. It seems pandemic panic is slowly getting settled down. People may get back to work but with all precautions against corona spreading; it means economics of all country may get back to working but with some glitches which will reflect into crypto space as well, hopefully in positive manner.
4415  Economy / Economics / Re: The unfortunate event that is Quarantine. on: May 21, 2020, 07:26:23 PM
I don't think we should pity these people, I am sick of it. We all just say it like this and just do nothing while others don't really talk about it but just directly help them the way they can. This pandemic is inevitable, instead of pitying them, push them to do other ways to earn. You are not just helping them to earn money but also the country as a whole.
You might not pity them but I do, and I am a person who has made more money during this lockdown period than I have ever made, and even with that in mind I still think that there is some ways we could help people who could not make money during this situation. Think about it, there is really no way to make money for some business', they are all closed, think of airline industry for example, there is tons of economical help for the companies but when it comes to people who are working as baggage handlers who are probably at the lower end scale of that business, there is no help for them.

If we are helping the industry giants, we should be helping the small people who are barely living without pandemic as well, with pandemic they are basically just trying to stay alive.
4416  Economy / Speculation / Re: Guys avoid panic sell... on: May 21, 2020, 05:03:55 PM
I for one think that you should all sell, be afraid that bitcoin will go down, there is a huge chance that you are going to lose all your money because of it, this satoshi guy will steal all your money. Get out as quickly as possible and never look back, this bitcoin thing is a scam and its the foreigners who are doing this to make your country smaller and weaker, you should not be part of it. If you have read thus far and agree with me, please get out of the crypto market. If you read thus far and disagree with me, good, so do I.

I am a big bull on bitcoin, I just want people who have weak hands to get out so the people like me and you who love bitcoin for bitcoin and not for my profits could stay and make this into something much bigger without them.
4417  Economy / Speculation / Re: Is Bitcoin price drops is a buying opportunity? on: May 21, 2020, 03:59:58 PM
Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324 after rejecting at a key resistance level again, is it a buy the dip opportunity?  Huh
Every single bitcoin drop has been a buying opportunity, it has never been anything else. Look at why bitcoin dropped yesterday, some dude from way back has came back online and sold the coins he mined on the early days, it was so early that people thought it was satoshi himself who did it, and nobody questioned why would satoshi come back to only sell 50 bitcoins and leave.

It has been the most influential 50 bitcoins sold on the market, normally you could sell 500 bitcoins and still can't drop the price this much but it had sentimental reasons to drop so with 50 bitcoins we are so much down. What came out of it? Nothing. So, now bitcoin will recover because that was unnecessary excitement over nothing, wasn't a big deal so we are going to simply go back up now.
4418  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves - is a Scam and fraud? on: May 19, 2020, 03:54:47 PM
Even OP was raised this question more than 2 years back and based one particular air-drop, I just want to share my personal opinion about waves which is about 5 years of observation as a strong believer of cryptos.

1. In my opinion, waves are supporting dapps long before ethereum was introduced but for no reason or due to lack of active devs, they are not growing how ethereum managed to surprises some 2 years back.

2. Waves is supporting implicit POS feature which is known leasing waves. I am doing it for years without any problem and anyone may go for it as it will not let our waves go out of our wallet and we may cancel leasing at anytime.

3. Unlike most other altcoins, waves is not widely accepted on gambling industry nor there is no dedicated waves based gambling house. I read recently there is going to be a new waves based gambling but not heard anything about its development or launch.

4. Waves must be one of the coin which is still undervalued for no reason. By early 2019 when bitcoin was in negative market, waves managed to gain some 10x growth within a week of time and we can expect similar growth again at any time.
4419  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I see you Tether.....XRP might dump? on: May 19, 2020, 02:08:47 PM
I can't wait for XRP to just die down and leave the "top 10" spotlight because while I don't hold altcoins(and I don't really plan to), I think other altcoins far deserve XRP's spot.
I have been expecting ripple corporation itself to disappear with an exit-scam for more than 5 years still they are managing to top at lists regardless of how many people here spreading awareness against those corporate/centralized sh*ts. Until people who are too greedy and not talking time to do due diligence are part of this crypto space, all well-planned scams may enjoy the cushion of top places in coinmarketcap.

if the crypto price websites only listed decentralized cryptocurrencies, Bitcoin will be the only one listed lol, making "marketcap" sites totally pointless.
You may consider all the cryptos which are supporting mining part (with zero premine) as decentralized cryptos. Tether and XRP are non-mineable hence must be excluded from listing of such sites.

What I see here is that people are rejecting the project, XRP tech is good but the greediness of the team is causing great damage to their brand.
I do not agree that technology behind XRP is good just because many financial institution are adopting them. XRP is a corporate thing. They send executives to all financial institutions world wide to explain themselves and to convince about adopting whereas bitcoin or any other coins do not have such activities. Finally, how do you say people started rejecting them? If there is a change, that will save lots of future regrets.
4420  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I sold 32 Eth for BTC...now I’m wanting those Eth back. Wait? on: May 19, 2020, 09:49:18 AM
If you were considering ethereum going up, why did you get rid of to begin with? I mean if you think it will go up, just keep your ethereum, that way you wouldn't have made a loss. In any case I would say do not buy right away, but put a buy order at a lower end that will recover your loss, that way you will have the same amount of ethereum that you used to have and your sell wouldn't be for nothing.

If the price actually drops there, you have your ethereum back and you will wait to make more money, but wait this time, do not just check ethereum prices everyday and get discouraged, it may lose %50 of its value in the next 6 months and still wait, do not sell at any reason whatsoever unless its a marginal technical problem, just wait, and you will see that eventually it will increase. If the price doesn't fall, well nothing you can do.
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