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4501  Economy / Speculation / Re: Day Trading for a Living? on: September 17, 2019, 11:07:49 PM
Is day trading for a living your dream job? Get another one – study says 97% of day traders lose money.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101


Only 0.4% earned more than a bank teller.


You can thank me latter.
That be sad. I want to be a trader but hearing this, I'm thinking that it might possible that I belong to those 97% traders who are a loser.  Grin

Anyway, we can't say that failure is not the reason to quit and stop from what we aim for. In my self, I'm not really confident with trading because I don't have enough knowledge in trading nor to have that high level of skills. Maybe I have a chance to make it right but what the market looks too difficult right now, I've changed it...better to be a simple crypto holder than to risk in trading.
4502  Alternate cryptocurrencies / Altcoin Discussion / Re: What's stopping crypto from mass adoption? on: September 16, 2019, 02:04:13 PM
I can't think of anything else than lack of trust from scam projects and scam ICO Projects, lack of trust and lack of regulation is whats stopping crypto from mass adoption, if scam projects can be dealt with then we will have more investors and money flowing into crypto
We definitely can't stop these scamming activities surround us. We did our part to hold them but how about the others? Are they doing good to stop them? It maybe not or they just let it happens with them. That is a really sad story, in fact, more of us never learn from it.

What I'd like to say is that it is not only the scamming issues holds for crypto mass adoption but also because of the people's perceptions towards crypto. With all the negatives and bad news that they were heard is something giving them bad interpretation and doubts.
4503  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Back From The Dead? on: September 16, 2019, 01:10:36 PM
I think nothing is impossible. $300-$500  it really possible. From the start all we know that this is only the nature or characteristics of every crypto. If you still remember bitcoin was also experienced that kind of price but look bitcon what already achieve now. That is the best example that there is a right time to anything. So add so more patience.
It sometimes really hard to acquire patience, not all of us here are have that strong and positivity but what crypto-like is much more challenging than I've thought before. Not only ETH in on the dead looking one but many altcoins are on that look, but it something we need to understand that market isn't that strong to hold ETH dominating the market in all altcoins.

I have to believe that ETH will soon to rise and get stronger. If that patience will play, I hope others will do as well.
4504  Bitcoin / Bitcoin Discussion / Re: What do you think ? Is this an opportunity to get in or get out on: September 16, 2019, 12:34:32 PM
I think cryptocurrency these day is still in not condition to buy and hold cause from what i can see for this year the price are still in bad condition to buy. It just my opinion.
I respect your opinion but I don't think that you are right about this.
Though Bitcoin is in the struggle pushing its price to move slow, it doesn't mean that it worth nothing. In fact, the current price isn't bad and it actually much high that the days Bitcoin started. We aren't in the bull run yet to see that Bitcoin prices will be high as we like it to happen.
4505  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the scam projects killing entire crypto space? on: September 15, 2019, 10:38:53 PM
Like all fields where the rules are not clear, scams are easier to implement.
However, I am convinced that most projects have failed mainly due to incompetence, not by ill will. The altcoin crisis was positive because at least it allowed us to do some cleaning.
Yes, in the beginning, all the projects that were made confidently by the developer and the team had a goal, but one day when a crisis hit, the team did not have the experience to deal with it, which made the bad intentions appear in my opinion, or was tempted by instant money.
That's because they never anticipate the market change, they keep thinking on the passive effect of the market.
Many crypto projects today turns into dead and aren't sure if there is a time that it will turn back into the race once we hit for another bull run. How it badly to say that these projects really disappointing everyone and it ruins the entire crypto but that's all their story. It is better to forget those and face new ones.
4506  Economy / Gambling discussion / Re: Will There Comes A Time That All Online Gambling Sites Are CryptoCurrency Based? on: September 15, 2019, 08:37:41 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?
it can happen but not in the near future, it definitely takes a lot of time. not all countries accept crypto.
if crypto is acceptable to all people, maybe online gambling based on crypto will be very fun for fans of crypto itself.
I consider this thing isn't fun, we are just adopting into the new technology where we can use crypto for gambling and leaving fiat behind. What makes this thing is to give us a great gambling experience which is too much far from using fiat. Is that makes gamblers have some excitement and definitely wants it in the future?

With all these possible changes in the gambling world, we might expect that some of us may take advantage of this. Transparency is very important and I don't know if KYC must be implemented by then or still leaving in anonymous.
4507  Bitcoin / Bitcoin Discussion / Re: Fake trade volumes on: September 15, 2019, 08:04:09 AM
The major causes of this are either from unreputable exchanges that are not governed by any regulation or the team behind the project itself that want to trick unsuspected newbie in order to dump their token.
All the possibilities that it will come out in our mind are negatives. No other reason behind that action is to strick and look attractive. And for us who know already about this, there is no reason why we've been a victim with them and most probably they look for the newcomers.

With all this fraud and scamming actions, it only turning them back as they are just ruining their reputation instead of gaining more market attraction.
4508  Economy / Trading Discussion / Re: Is utility token trading actually dead? on: September 15, 2019, 02:14:53 AM
Utility token should have a use case, and should be relevant in the functioning of the platform on which the project is built, this is the only way to ensure profits/revenue accrued in the business would be reflected in the price of the tokens.
But there are lots of nuances to the value of a cryptocurrency, and as stated above, speculation does play a huge role.


I believed that the utility token which I used to hold so long is developing its momentum right now and will rise sooner of its value. Although it seems harder to see good price nowadays, but it doesn't threaten me to be panic. Instead of having bad days I am enjoying and hoping alcoins seasons to come after real bull run happens.
Everyone is hoping to see utility tokens to be finally out in the market. I'm currently holding some but I don't how long we should keep it and make used.
I'm not particularly giving concern with the price but the most important to see it alive. The market price will soon to rise if many people will use this as it will increase the market demand.
4509  Economy / Trading Discussion / Re: I want to know your opinion :) on: September 15, 2019, 01:51:55 AM
I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?



Depends on ypu what did you feel and your decison to use that excha ge to trade, but of course my advise for learn it well the reputation and security system of that excahnge you want to use in your trasing job for your safty and security to avoid scam.
And how to find out everything in detail? what sources of information can be used for this
It must have to look at their reviews and feedbacks. What we could see there is our basis to evaluate if this certain exchange can be trusted or just a full of scam. Ain't wonder why people are still in doubts cause this exchange is new and only a few traders are using this time. Of course, they will keep it good for them it looks attractive and to compete with the other market players.
4510  Alternate cryptocurrencies / Altcoin Discussion / Re: This might be ridiculous, but let answer this question on: September 14, 2019, 10:43:46 PM
Millions of people nowadays, in here, actually looking for a job to work with and most of them are works in Bounties section, where I approximately understand that people can get easy money from it. Every day and every second thousand posts are delivered and posted. But, some of my minds want to know about your real life. Do you really enjoy your life outside this forum?

I have my own job in my real life and yes I enjoy my life outside here. Crypto is my side effort to get extra money while I won't neglect my daily job. Luckily, crypto can be done almost at anytime which I can use my spare time  to do it.

Everything depends on a person, the country he lives in, his social status, and even his lifestyle. For sure, a successful businessman will never give up with work to deal only with crypto. On the other hand, there are fellows coming from places with a high level of unemployment. For them, trading cryptocurrencies can become the best way out of the situation with no job at all.
Successful businessman forgot his social life sometimes cause they mostly spending much time with their investment than of talking with their friends and some wine. That it really happens. It is not a thing to look weird but we have to do it cause that is the only way to focus what we are doing. In fact, social life can wait and must be in a perfect time.
4511  Bitcoin / Bitcoin Discussion / Re: Could Anyone help me Regarding Bitcoin True Investment? on: September 14, 2019, 10:21:27 PM
Hello,  Everyone
I am a newly in the field of bitcoin.  So can anyone let me help regard the small and good return investment.
You have already mentioning Bitcoin and I know you know about it, and I believe so. You don't need to find other coins to invest with because you have seen it already. In fact, you can surely get assurance from Bitcoin in terms of profits but if you only have work on it and not just sitting down cause nothing will happen to you.

The question is, how much you are planning to invest with cause I believe $100 is enough to start with.
4512  Economy / Trading Discussion / Re: Bad time to get into daytrading? on: September 13, 2019, 11:53:52 PM
In my opinion, there is no bad time to start learning to trade. I am talking about training. This does not mean that you are obliged to lose your personal savings in difficult market situations, you can fully use a demo account to hone your skills in such a difficult market. Of course, your attitude will be slightly biased and you will act more risky, but if you approach this responsibly, you will be able to acquire skills at minimal cost.
I really appreciate this...its a big advice.

Now, people should have to think wisely and to evaluate their self if they are capable to become a trader cause nobody is asking for that and nobody is pushing us to have a stress life like in trading. Yet to consider the difficulties that we might encounter in trading and to ask if we are prepared for it? Cause not all the time that we are profiting, but of course, we suffer a hard time in crypto which in most cases this is the reason why some traders quit.
4513  Economy / Gambling discussion / Re: Will There Comes A Time That All Online Gambling Sites Are CryptoCurrency Based? on: September 13, 2019, 11:37:12 PM
I don't want to close any possibilities that it will soon to come as we only talking about online gambling sites. The continuous growth of crypto, in fact, many gambling sites are adopting crypto base programs seems to be attracting more gamblers and it is an indication that we are closely into that.
If that will happen, that would be great and it correlates with big business to adopt also.
4514  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If Bitcoin price increases suddenly. What will happen? on: September 13, 2019, 11:03:34 PM
Not directly it will give a huge impact to the big investors but for the small investors, it is a big thing for them.

Not only just we are talking about with investors, but it also gives a positive outlook that Bitcoin and to show that still have the strength to make the market better. And it all be possible with the help of investors as well as the support from the community.
4515  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you trust the market or the business owners? on: September 13, 2019, 10:47:25 PM
Where ever the market twist direction it will affect the devs/owners Imagine a project making tons of money Am sure if they are not scam then we will see more devs and better ads and then more users and community That help fuels the development but when market is slow there is lack of trust and then more market stumble and things like that till most times project is down
Investors will look into the inner part of the project and not just looking it in the outside part. Cause if you only consider the outer part of a project, it certainly is attractive and you could see high offerings which are feasible into a way of scams.
It is really hard to give trust now especially when there are no working product as it most coming projects today turn into a scam in the long run.
4516  Economy / Gambling discussion / Re: Gambling Money is Dirty Money on: September 13, 2019, 10:30:30 PM
If talking about religion for the problem of gambling, of course it would be wrong.
So money from gambling is not dirty money, as long as you don't associate it all with religion.
That is their beliefs and what their elders say.
With that, we can't push them to change their mind or give them some education and have to know also that some gamblers are involved in illegal activities. With all that matters and differences, we should have to take it aside and to believe what we have to think about gambling.
4517  Economy / Gambling discussion / Re: Gambling Money is Dirty Money on: September 12, 2019, 11:58:08 PM
You might see gambling money as a dirty money but in my own case I don't see it that way because I see playing gambling as a trading which one can make profit or make loses at the end of the end your play. But if that is the way you see it based on what your mother told you then don't bother to participate in gambling.
Well, it has to understand that people are different from each other and also their appreciations towards gambling. Not to condemn them just because they keep saying gambling is bad unless it has come from illegalities. Though we think gambling is full of trick but not actually it makes them illegal.

Well, it sometimes to ignore them...we play in fair and there is no reason we think it bad.
4518  Economy / Gambling discussion / Re: Gambling Marketing And Religion on: September 12, 2019, 11:45:18 PM
Some Muslims drink alcohol other don't. I'm sure some will gamble and say it's all right by their faith and some will say it's forbidden. There's as many interpretations of religions as there are people.

This is not to open our Muslim's brothers but that is the reality and I saw it also. It is to think that some of them are not following their rules and that is so-called freedom. I believe there is no wrong with that if we never been involved in illegal activities.

We don't need to generalize it and think that gambling is bad, it is only our own perceptions that make it bad.
4519  Economy / Gambling discussion / Re: What is or are the contribution of Crypto gambling sites to Crypto Currency on: September 12, 2019, 10:47:02 PM
It comes into the point that we can make use of our crypto as a currency instead of keeping them as an investment. In this form of gambling, we certainly enjoy the benefits that we might get from crypto.

Crypto gambling now is greatly known to all gamblers and I believe this a way that could help to promote crypto and adopt the system. It provides a comfortable experience which is much better than fiat could give as we can put our bets pretty easy.
4520  Alternate cryptocurrencies / Altcoin Discussion / Re: This might be ridiculous, but let answer this question on: September 11, 2019, 10:14:25 PM
Well in real life my self doing good so far. For me doing bounties is just a part-time to collect more money. Beside to fullfil my time i also learned a lot from cryptocurrency. But nowaday in my opinion bounties is not worth anymore if you trapped on scam project you just wasted so much time.

In the crypto market, you need to master other earning opportunities, one of them is investing in IEO, it is he who now brings guaranteed money to investors. As for the bounty campaigns, no matter how I choose projects to participate, but I have experience in this, I still come across fraudulent projects.
We all surrounded by frauds actually, not to mention how many have been victims with that in the crypto world.
This is what to think leaving into crypto alone or being such dependent this at all times is not good. It turns out that the market seems to be getting difficult and many investors suffer big losses because of some project failure. If we have a stable job, never make a plan to quit and be in full time in crypto cause we are just simply putting our self into risk.
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