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4441  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all that glitters are gold on: May 01, 2020, 07:39:44 PM
Honestly scammers will always find a way to scam people, that is why they are scammers to begin with, there is really nothing you can do. However when there is so much weirdness going around with a company (or a project) you should never try to find an excuse for them, same in life as well, hell even same in politics which is a big issue.

When someone does something that is getting a lot of angry responses, do not try to find a way to calm people down, if it gets heat for no good reason at all then you can defend but if they do something that gets heat that is not your responsibility at all.

If a project does something wrong, or smells funny, just walk away, do not spend another second or dime there, there is a lot of other cool projects out there which you can check out.
4442  Economy / Trading Discussion / Re: I have f.. up with margin trading on: May 01, 2020, 11:03:06 AM
Well, you are doing your mistake once again while talking about your mistake. First of all, how did you imagined making money with 100x leverage would be easy? Like think about it, if it was so "easy" wouldn't you think there would be a lot more billionaires in the world?

Everyone would have done what you did and make tons of profits and become very rich very quickly, and we are humans, even if we turn 1000 dollars into 1 million dollars, we would still use the same method to make that into a billion, and that into 100 billion, so that means there are zero amounts of people who can do that.

Secondly, you are going after recovering what you have lost quickly, all those 5x is still quick, the realistic approach has always been under 50% yearly, and that means you have to wait YEARS before you can have that money back, but that is the realistic version.
4443  Economy / Trading Discussion / Re: Starting as a Trader and Trading Bitcoin on: May 01, 2020, 07:39:20 AM
I have been a newbie trader before but the first thing I want to learn is the bitcoin, blockchain and how these thing works. Followed by the vague terms like hold, pump and dump, bear and bull, trading, etc. Time flies and when I think I do fully understand cryptocurrency flow and actions, I decided to become a bitcoin investor before finally became a crypto trader.
I guess you just mentioned about just 1% of things, a trader needs to enlighten themselves before being a profitable trader. This may discourage people when we list all the required knowledge for being a successful trader but to travel 100 miles or 1000 miles, the first step should be just the movement of our feet which may measure only 0.000001% of total distance to be covered. Same applies everywhere. Once we start learning with all dedications, everything will be easier like 1-2-3 because when we start showing interest, nothing will be a burden or hard to learn and to get practiced to.

You see, if you are eager to learn, all the possible things and knowledge will go with the flow along with the learnings and techniques. There are so much to learn and it takes time.
There is no compulsion to learn everything theoretically. There are demo accounts or you may risk with least capital to learn practically. But, most traders once enter the watching/trading live markets, they are stopping their process of learning from books and videos. But, the best approach should be doing both. Yes, learn from both books and live environments. It would be more fun than we could imagine.

Please note; for a successful trader, the learning process never ends.
4444  Economy / Trading Discussion / Re: When to buy - question to Hodlers on: May 01, 2020, 07:02:12 AM
Not right now really, we are already very high and we have increased like hell, which means you should not buy right now.
Of course, if you really want to get into the bitcoin world itself there is no stopping anyone, however it is not really a smart idea for today.

You could possibly maybe wait a bit, get USDT or something like that instead, which means you would be in the crypto world without buying bitcoin and risking your money, that way you can move your money anywhere you want as well, normally back in the day when you were in fiat you were in limited places, wherever you are using, now with USDT you can put them anywhere you want. I just want to make sure that nobody just goes into bitcoin right away when the price increased so much in a bull run.
4445  Economy / Trading Discussion / Re: Investors buy the wrong zoom on: May 01, 2020, 06:31:02 AM
First of all I would like to start off with saying that if you have any other article about this you should post it, because this one requires you to cancel your adblock and that is literally the opposite of what we are using adblock for, if a website with ads wants me to close adblock so that they could show me the ads, that is not happening at all.

Secondly SEC did the right thing, if people are idiots enough to buy the wrong stocks, they should be saved and protected otherwise they would have done even worse deals in the future. I don't know if they bought the wrong one or they actually saw the increase and just wanted to get in on the profit train regardless of what the stock was, there are tons that does the same thing on crypto world, maybe these guys did it on stock market?
4446  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DEX's with MILLIONS in volume, COULD make you stinking rich, here's why. on: April 30, 2020, 05:00:20 PM
You are overreacting about KYC, there will always be exchanges with either zero KYC no matter what because they will basically be opened in nations with dubious laws so they wouldn't worry about laws in other sensible nations, or there will be some sort of limit for it, like have 2 bitcoin limit on binance as an example. That is why we do not really need to focus on the DEX so much, hopefully one day they will get bigger and I would love to see it, however in case no DEX ever makes it to top, I wouldn't really be sad and I would continue to use binance anyway so no worries for me.

Dex world needs to do marketing a lot better, they are always focusing on the fact that they are decentralized and never look at anything else, they can't get big that way at all.
4447  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Want to invest on: April 30, 2020, 02:34:34 PM
There are plenty of wrong answers when buying an altcoin but there are plenty of good choices as well so I can't really blame anyone for picking something different any not many people are wrong.

If you want to buy BAT that sounds good, if you want to buy GNT that sounds good, if someone says BNB that sounds good, I can name at least 20 coins that would basically be all great ideas to buy, that is why I diversify and have 7 different coins today, I will probably make it to 10 very soon as well, I am waiting for some income and in a month or so I will get some extra cash, with that I will be capable of buying into 3 more coins and that will make it 10. Sure maybe not all of them will be awesome, maybe not all 10 will go up, but I believe all that has good reasons why they could go up.
4448  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Matic a good investment? 10x possible? on: April 30, 2020, 01:52:28 PM
I do not have any idea about how it will go and if one day it will do 10x but I know one thing, people are working on it. That is really what it matters, when people work on something they usually make it better and when they make it better the price goes higher. It  means as long as there are people working on matic, I believe in the future of it. I personally don't own any, which tells you how great matic could be, I am not a person who owns it and still think it could do well in the future, think of the people who owns it and what they think about it.

If they have such a community behind such a project that still has a team that works hard, that is always a recipe for success. Of course I can't really know for sure because I am not an expert, but that is just what I think.
4449  Economy / Economics / Re: Crisis after the epidemic on: April 30, 2020, 01:14:20 PM
Just because you think prices should drop due to people being out of work doesn't mean that people will not be spending.
There will be a lot of people selling their stocks, their investments, their cars, their houses, their possessions, basically every single thing that they own before they could not buy food.

It means market would still be available, so you say people are out of work, but the amount of money existing in the world today is the same, hell even increased with printed money, where is that money? Well some of it was distributed, some of it was given to bigger fish, so in the end there are still buyers out there and that causes prices go up since people buy a lot of the same things and that results with them being out of stock and eventually charge more.
4450  Economy / Economics / Re: How can the corona virus end Faster and economy reopen on: April 30, 2020, 12:28:23 PM
The best choice we have right now is just wait, there is no faster because the more you rush these things the worse you are going to make it, which one do you really think is better, let's say we could either live like this in lockdown with minimum human contact without going outside unless we really really need to for another 6 months but never care about corona virus ever again, or is it better if we start going out in May and suddenly the number dropping is not dropping anymore and people are getting sick once again, not peaking like last time maybe because many people already had it, but also not dropping down so we live with the threat of having it constantly until we find a cure or a vaccine for it.

I would pick the first one honestly, I rather live at home for another 6 months and recover instead of risking to get worse.
4451  Economy / Economics / Re: We need a economic revolution right now . on: April 28, 2020, 04:47:06 PM
You might be scared that if we do an economic revolution we could hurt the economy to a level where we can't comeback from, but honestly there has been trillions of dollars worth of crashes in the world that didn't end up in anywhere, we recovered from them and we are doing better now, which means if do a revolution right now that means we could basically recover from that as well. Maybe it will be horrible for a few years, maybe it would be horrible for a decade, but in the end it will be recovered.

If we take that short term pain that eventually leads to many people being poor and many people dying, eventually we will have a much better long term life, we might live a horrible period in our lives but at least our children will know the real bliss thanks to revolution we created.
4452  Economy / Speculation / Re: Raoul Pal - Bitcoins to hit one million dollars and warns about US depression on: April 28, 2020, 03:14:29 PM
There is really nothing you can do to stop these people because they get a microphone and you don't, so they will say whatever they want and they will get some news and some attention.

However what you can do is exactly this, whenever you see news like this in place you could basically just warn everyone that this person could very well be wrong and why they are wrong. Bitcoin could hit one million dollars that is not a joke but not right now and probably not anytime soon neither, that could happen on a very very very long period of time. I can see bitcoin being a million dollars probably 10-15 years from now, that would be realistic, probably in two in three decades which would be more guaranteed. But even with that knowledge I wouldn't guarantee it, I would say its probably but not definite.
4453  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: April 27, 2020, 06:50:53 PM
The channels are going to make that money one way or another, there is no way they are not going to get anything at all.

Either they will have a chance to air them, and if given the rights they will definitely want to air it, think about a regular game where barely anyone watches on a regular life, and think about a game right now, if the worst teams at premier league plays a game right now and we can watch it, there will basically be a record amount of viewers because we are all stuck at home and quite bored as well.

The other option is contract is voided and there will be a penalty paid to them for not being able to air all the games, sure insurance will cover most of it but channels are making a profit either way. Teams wouldn't want to pay a penalty probably and agree to let them air it even if the contract time is over.
4454  Economy / Gambling discussion / Re: Why most gamblers can never hold onto big bag? on: April 27, 2020, 06:12:20 PM
Shouldn't it depend on how rich a person is? A very wealthy person could lose 30 eth and wouldn't even feel it, that would basically be his chump change for spending time during virus pandemic going around so they just stay at home and spend 30 eth a day to have fun, there are rich people who can afford to do that. However if you are not rich and 30 eth is a lot of money to you, and you still gamble it away, that is greed.

Now some people might say, when is the line? That person made 100 dollars into 24 eth, he started losing at 24 eth, and ended up at zero, how could he have known 24 eth would be the end, how could he have known 25 wouldn't happen, if he stopped at 20 eth that would be less because he missed out on 4 extra, so where do you know when to stop. Well the answer is when you start losing, do not stop at 20, do not even stop at 24, stop when your 24 becomes 20.
4455  Economy / Gambling discussion / Re: Check list before depositing in any crypto casino. on: April 27, 2020, 04:20:22 PM
These checklists may be useful for newbie gamblers but I am gambling with only one casino for last 4 years but I do follow them their topic in this forum, so that I believe I am gambling within safe hands rather than worrying about what is going to happen tomorrow. Still I recommend these checklist to everyone who are referring to test new gambling houses and different bonuses/giveaways.

There are big risks associated with our gambling activities when we keep on switching over to different gambling houses. Again, when we are choosing long-running gambling houses then there will be less risks compared to new houses. But, I do see people are always preferring to test new houses because new casinos are known for providing big bonuses and giveaways. Still, when we are opting to stick with only one house I guess those risks are technically eliminated still may lose some opportunities due to not availing any bonuses, but personally I never bother them as bonuses are usually comes with big wager requirements.
4456  Economy / Gambling discussion / Re: Many cryptocurrencies — how important is that for you in casinos? on: April 27, 2020, 03:41:22 PM
Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?
Why you did not include ethereum? Or at least BCH or BSV? I guess if people do not prefer risking with BTC in gambling then probably they may go with LTC/Doge/ETH. Both ripple and tron are recent additions hence not sure about its familiarity among gamblers.

Personally I still gamble with only bitcoins. I tried doge for low risk levels but at the end of the day, I make peanuts for all my physical efforts and mental tensions. But with bitcoins, sometimes I do get chances to make $5 to $10 which is completely missing in the case of gambling with dogecoins. Other than slow transaction confirmations with bitcoins, I am not finding any bi advantages on gambling  with altcoins. When you include 20% extra fee with your bitcoin tx, you never need to worry on slow confirmations for your transactions.
4457  Economy / Speculation / Re: Is the US Stimulus check going to raise the price for bitcoin? on: April 26, 2020, 06:12:34 PM
Maybe it did? I mean while we are discussing if it will or if it will not, the price actually went up and right now it is actually higher than before. So, I assume maybe it played a role? We can't know it of course, there is absolutely no way to know a data to see where the 1200 dollars went to and how much bitcoin has been bought with it, we can only speculate and not know the difference, however we can at least assume that some people might have.

Maybe there could be some data, not an inclusive one but we could ask coinbase to say if there has been an increase in the past month for 1200 dollars or so range depositing to peoples account, if there is a huge increase we could say that would be the reason, however there is no way coinbase would share that number.
4458  Economy / Speculation / Re: BTC is making some noise in the market. on: April 26, 2020, 05:07:15 PM
Diversifying is actually something quite good when we are talking about financial world. However people actually do not really realize this all the time, and sure people who are not interested in crypto may not want to invest into it right away from the stock world, it is not really that easy for someone who have no idea about bitcoin right now to move from the stock world to bitcoin world in a day, it will take a lot of research to move that way.

However it is actually a good idea to diversify, sure it doesn't have to be crypto, you can move from stock market to commodities like gold or real estate or whatever depending how much money you have and if you want to move to crypto as well to add in that portfolio, that would be just a nice little bonus.
4459  Economy / Speculation / Re: Is Bitcoin creating panic again? on: April 26, 2020, 04:19:55 PM
Well, the reason why bitcoin price is going higher is the simple fact that virus is right now but the crisis is not right now at all.

I believe, all those people who didn't have any money left already are in big trouble, however there are plenty of people who are going to run out of money eventually that didn't reach to that point just yet, that means people might be unemployed and staying at home and not going outside, but they might have some stash somewhere aside, which means they are going to end up running dry one day and that will be the real big crisis, until that moment we are going to see people coming into bitcoin and leaving and doing that repeatedly constantly.

But in few months if nothing survives, by September or so we are going to see a big fall, not just on bitcoin but on everything in life.
4460  Alternate cryptocurrencies / Altcoin Discussion / Re: What exactly does a good project needs. on: April 26, 2020, 09:38:16 AM
Smart team and money. That is actually all you need for a project to be great. If you have people at every position that are good at what they do, like a coder that is really an awesome coder, a designer that is awesome designer etc etc, and you give them like 5 more people under them so they could get sufficient help as well, plus you get funded fully and even some more on top of that, beyond what you could imagine, that project will be successful.

I mean think about it, why does many projects fail? Lack of money, lack of interest, lack of talent. These are the only reasons why they fail and if you have awesome team, they will know what to do in order to be good. I personally have worked with so many failed projects that I have seen a million ways they can fail, but there is only one way to be good.
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