I would say if you are going to use a regular CEX that means you should probably go with Binance and one local exchange you have in your nation where you can get money to your bank account, those two are the only two that you will ever need. If you are going to use DEX that depends on which chain you want but if it is erc20 there is metamask you can use as wallet and they have swap in it that checks the prices in every good place and you could literally pick the best price of them.

I would say having these types of huge names that you deal with is more than enough, if you are working with another place that means you might end up with nothing at all in your hands and you would be upset about it. I am not saying you should never check other places because that would kill competition, but do not put all your money into the new ones if you ask me.

That is the reason why bitcoin doesn't fall too much, because there are many people who think like you. I believe that bitcoin price will not go under $30k too much, even if it drops just a bit (like 28-29 thousand dollars) it will go back up very quickly, because everyone believes that bitcoin will go up in the long term so whenever the price goes down they end up buying more and more of it and that is why I think it is never going to drop too much.

For this to end up going down way too much, it would require for the price to go down so much and have a huge crash all of a sudden and that requires some people with a lot of bitcoin to end up selling it all at once, and no chart or indicator can know that, people selling 30k+ bitcoins all at once is not something you can predict. Hence charts can show whatever they want but something charts wrong about will happen either way.

I believe before this month ends we are going to see another 40k+ in the bitcoin price. The logic behind why I think it will happen is that we have been around these prices for a very long time and price declines to fall even more, people who are rich (and people who are not even rich) accumulated as much bitcoin as they can and there has been a decent amount of long buys bought as well and we have hurt a lot of shorts during the recent price spike as well that eventually it looks like we are going to only profit from going up and that is the only direction left for us as well.

That means if people would profit from going up, and nobody profits from going down, why would people sell it and let it go down? They would wait or buy more to make it go up, that is the logic behind it. Basically I just believe it will go up to profit everyone; no doubt about that .

I would say risking as much as 10% could be the max, because 3% is very little, 5% is not bad, and 10% is the max, anything between 5% and 10% would be fine. I haven't really had any trouble with the 10% I do, even if I end up losing some I end up 1-2% of my total and that is something I can recover most of the time.

I am not a big time trader so do not take this advice like it is the rule book, it is not and it is just me and I usually invest and not trade, but sometimes I get bored and I want to trade a bit and I have fun with it, and at that point I do just 10% and when I earn I earn like 2-5% at most and when I lose I lose 2-3% at most which are totally fine levels for me, I could handle losing that much without really hurting my investment. If you end up dealing with 3% that would be so tiny that any profit you make would not be worth it in the end.

I understand that some people are afraid and there is a line of thinking that "whatever happened in the past will happen again" for some people, but do not be worried that there are a lot more people investing money nowadays and that is why we will not let that happen. I get the logic, we are in a situation where we are doing quite well right now and that should probably continue for a while as well but you have seen the 2017 and seen that it went up a lot and then crashed to very low levels so you are assuming that the same could happen and you are scared that you will not be capable of profiting and you will lose money instead of win money like so many people did.

However at the end of the day we are living in a world where we are making much better decisions now in 2021, and those huge corporations buying bitcoin is a proof that we won't be going down that much anymore.

Something that you feel comfortable with and know why it should go up. That is the most important thing, since it is 1000 dollars you can't divide it too much, invest it in one place, probably binance since that is the best place to trade for a newbie, do not go into high risk stuff because you will lose all your money if you do that, which leaves you with like top 20 coins in the coinmarketcap that you can trade on binance, and that is limited enough.

You can't put like into 10 coins because that is too little for each of them, so I would say 4 coins would be enough, that would make it 250 each. If we have to pick 4 coins I know that I would do the first two as bitcoin and ethereum, I know those are very known and can't make you super wealthy but at least they are guaranteed to go up in the future. For the other two I would say BNB and UNI could be good, BNB is definitely good but UNI is a wildcard, if you want go with cardano instead.

Anything that is supernatural is definitely a null point to me. Nobody in the history of the world could have 100% predictions about the future, nobody can see the future, if you talk vague enough people would say "if you consider dragon as this and red as that we could say she was right" but I rather would see someone actually know what is going to happen instead of talking in vague terms to be right.

She was just an old lady and that's it, she made up some stuff like she knew what would happen, but she didn't know what will happen more than you and me, in fact I have seen further ahead of her than she ever did because she died decades ago while I have seen what happened, so I can talk about 2005 and what happened with more precise knowledge whereas she would have never had that power since she died before that and never seen 2005 happen. Do not believe these type of mythical stuff, they are all for selling more newspapers that's it.

We could learn a lot from wallstreetbets. They bought GME which is gamespot, which is a stock based on the company that is selling physical copies of games and so forth in an age where epic is giving away free games on their digital store and steam has been around for over a decade now, so we all know gamespot is not even good, and they still managed to get together and buy incredible amounts of GME in order to make it go up, they made incredible amount of profits from it, big investors and wall street and media all attacked them even their own app robinhood closed their buying options, and in the end they are still together talking about how they should hold and buy more. That type of thing worked on a horrible business, think how awesome and big it could get with bitcoin and other alts. The reason why we couldn't have something like this is the fact that we aren't working together like them.

Obviously there is no guarantee that you will win. However we are talking about 2000x odds here, when you have 2000x odds of anything it will not be easy to win, it will be quite difficult and nearly impossible to win, we are talking about one in two thousand thing that happens. All I was saying was he didn't wager in a very very unlikely bet, like he didn't wager on a 8.00x bet or something, he wagered all on favorites, and that means that creates a bigger chance to win versus playing on few underdogs.

I would rather have 10 games of favorites versus 3 games of underdogs, that is what I was aiming for. I do not really play leaderboards, but I do gamble on multis almost exclusively, usually about 4-5 games, rarely 3, almost never more than 6, but I do like my multis and wager about 10 bucks on all of them, because they do return better, can't say I am profiting but I am quite happy with the fun I am having.

Well, shrimpy was also a trading bot at one time wasn't it? I mean maybe I am remembering wrong, now it says social trading platform but you guys have a bot as we can see some stuff are automated there. Maybe it is not trading bot type of cryptohopper or gunbot or whatever, but it still automates so many things so shrimpy could be considered one as well.

I personally do not really think that we are going to end up with anything remotely successful with a bot if we do not know how to use it, that is the biggest con in all of trading bots, if you can't use it then you will not make a profit with it. Also trading bots are not easy to use, even if they are designed very well, you need to understand about indicators and general TA to configure it and many newbies think bots will be more like "put money in, get rich" but it is not like that, long story short it is not as simple as one might imagine, it takes time to master it.

Honestly I have been in crypto for many years now and I still do not know how to read charts that well, I can read not so badly but I can say that I am not good neither, it takes time and attention to learn it very well and I do not have that kind of care for it neither, I know it is very important but as a long term investor it doesn't matter to me, if the chart says it will go down I am buying anyway, if it says it will go up well I am still buying anyway.

So, I am just going to buy and keep buying and that's about it. Do not be worried, you are not alone. However learning to read each candle is a good thing, if you do that you are going to end up actually enjoying what you are doing and you will be capable of trading without losing too much, you will lose time to time anyway but you will learn how not to lose and how to imitate your losses.

I agree that anyone who tries to use private keys to access another person's wallet to get rich deserves to be scammed as well. What were they trying to do when they got their hands on that account? They were trying to scam that person as well, they wanted to make sure that they get in and take all the money in it and get out, that is what they wanted to do. What happened? They got in to scam but they got scammed instead. Hence why I think it is quite important that we do not let them know, let all those who want to use this private key to get access and get rich end up getting scammed instead, that way they would learn a very valuable lesson to not try to scam other people.

I can't feel sorry for anyone who got scammed on the way of scamming someone, this is a good method to scam anyone, only steal from people who want to steal from you and not from innocent people.

This topic was created during July 7th, it is not a new topic not here but not in discussions as well. Ethereum saw some defi craze and after July 7th the price of ethereum went up more than double even triple of what it was because there was a lot of projects that wanted to be part of ethereum blockchain. Nowadays there is not much to say about this situation because we have already seen what happened and this is in the past.

If anyone asks if it could happen again, I would say it could go up but not the way it has gone up from this topics creation to today, that type of 4x or so increase would make ethereum over 5k in price, I doubt that it would happen anytime soon. Don't get me wrong I think ethereum will be 5k+ one day, it could be next year or 5 years from now but it will definitely happen, I just do not believe that could be so close to a huge increase once again.

Interestingly, he didn't even wager on any crazy odds neither. He had one 2.3 on west ham and one 2.1 on arsenal but all other bets are under 2 which means he wagered on the favorites in all of the games. And yet since he wagered on so many games, that resulted with him getting a huge odds, plus the boost made it even bigger. I would say this should basically be example to many people who would like to gamble on both multiboost but also big amounts of games all together.

There is a huge chance you will lose if you gamble this many games, but the return is equally huge as well, so if you play like 10 games all wagered on the favorites, you will both have good chance and also huge odds as well. Obviously I wouldn't suggest putting too much money on these kinds of games, 10-50 range would be max I would go for, anything above 100 would be extreme gambling.

Sometimes even the lowest of teams could end up with a good game, I know that mainz is a very low level team but they had a great game and end up getting the win. They are playing stuttgart this week for example and there is a 90%+ chance they will lose once again.

In fact I am going to play against mainz this week, they had their game and they won it and they will probably get back to where they were pretty quickly, they can't keep winning games that commonly because if they were such a team they wouldn't have been at the bottom of the table. Most people like to gamble for the favorites at the top of the league but you could always check the bottom of the table and gamble against them as well, I wouldn't think about playing for stuttgart if I wasn't looking at mainz. couple that with Bayern munich game and you have yourself a very good multi to play already.

We also can't say "chance for 40k is over" neither, because it is bitcoin, by Monday we could be 20k or 40k and both are quite possible when you look at the market. Why do I think 20k is possible? Because we were at 40k and slowly but surely we have gone down, we have reached 30-31k levels and people are still optimistic but there could still be some people who want to get out and if they could manage to bring it down under 30k and keep it there for just 24 hours the price could very well crash to 20k very quickly as a response.

Why do I think 40k is possible? We were already there not so long ago, literally inside this month, and we have gone down in a correction and whenever price goes down we keep buying back up and those huge wall street companies like grayscale keeps buying constantly which creates a great buy pressure that helps the price stay up and could lead to a big increase. Both are quite possible as you can see.

I agree with the pressure thing but not from us, from other places that uses it. If there are not exchanges that use LN that means nobody needs to change neither, exchanges could agree together and just not implement LN at all and continue to rack up profit from the segwit withdrawals which charge so much money for as well. They wouldn't care what the customers are saying or what they are requesting because no other places has LN neither so why should they stop making profits from withdrawal fee's?

However if other places start to add LN as an option, that means places that do not support LN may lose customers to places that has LN and that is why there is a huge pressure. If one place has it and everyone starts to go there because of it, that means other places will be forced to have LN as well in order to retain and get customers.

I would say "trading" is definitely a good skill to have but also earning bitcoin (or crypto in general) could be even better. With crypto you open yourself for business all over the world, if you have a set of skills that would be good for putting a service for, you could become very good.

For example, the first guy Aluko said to work as soft media, videography and other stuff, if he even knows how to edit, he could had made money from selling his services to all over the world, anyone who wants to make money and in Nigeria making 500-600 dollars is a decent amount, so he would have been capable of earning it, without risking any of his money.

In trading you could make a profit, obviously he did made a profit, but you could also end up losing money as well, but if you sell your services you can't lose money, you either earn it, or not. This is the true power of crypto, becoming worldwide instead of just local.

I believe that is correct for some certain things but shouldn't be financially unless you are known as a business person in the finance world. Like yeah Warren Buffet declares he invested heavily into one company and everyone suddenly starts to buy that company, go check out every single EVERY single time he declared how he invested into some company and you will see that exact same day and next day that stock gone up.

However that makes sense, he is a person in the investment world and the best of it really, so it is not a shock. Still, what I will never understand is the fact that some Hollywood stars, some guy that builds cars and spaceships, any unrelated famous celebrity having that much power over others finances. Sure be famous and get paid for it, but being famous and telling others what to invest is a bit weird, that shouldn't really happen.

I am not sure if Luka will be capable of surpassing Oscar Robertson in the triple double statistics. Dude is a marvelous player and he definitely deserves all the praise he gets, he will definitely be the MVP of the league one day and become the first player to be the euroleague mvp and nba mvp, however passing that record Oscar Robertson has is a very very tough thing to do.

Let me explain how hard it is this way, Russell Westbrook had 3 WHOLE SEASONS averaging triple double and he is still 40+ games behind Oscar Robertson, and I know Westbrook wasn't like this on his early career which is his biggest disadvantage but we also do not know how long Luka can keep this up.

Hence I think Luka will definitely be in top 10 very soon, and he will probably be in top 3 or so when he finishes his career, but beating that Oscar Robertson record will not be easy, he will need to stay healthy and keep this type of talent up for 10+ years without interruption.