If you wish to take the altcoin/token route be prepared to lose money like anything. It has been seen even though denied by delusional trolls that altcoin trading has lead to more losses than gain. How many of the altcoins performed as good as bitcoin did in the recent few years? If you held bitcoin you would always have a chance at making some money back whenever a pump arrives.

The thing is that in last 2 years bitcoin pumps have been followed by quick dump and the altcoins since they rise after bitcoin failed to rise enough before the dump. So imagine the trader who was holding their tokens to sell at that price just to break even and finally exit that worthless coin. Right then the price dumps and they are back to the holding cycle. This is frustrating for any trader and buying an altcoin just because they seem to have a good team or whatever only leads to this problem and a never-ending cycle of anxiety and depression.

So go with bitcoin at low price and be happy.

For the addicted gamblers which constitute majority of the gamblers.

And it is the hard truth. You may deny it if you wish to keep yourself happy about th losses but it is the truth and ones needs to learn to deal with it, that is accept their losses and start to rectify their ways.

Also a reason why gamblers rarely keep their records of gambling. It hurts them to see how much they lost and so they lose interest in it and dont want to dig in further. Its a type of introspection but has no good feelings involved. If you are doing it for sports betting then it is essential, but dice game players who are in it for the rush will never have the patience to sit down and record their transactions.

The article quoted here is a "sponsored" one. I hope everyone posting here knows and understand what that means. It is a paid article posted on coinidol and is being "shilled" here since posting here is free and thus getting some traffic from the forum.

Of course whether to trust a telegram signal channel is the person's own choice but there are fools who think they will make money listening to other people and how they predict the market because they never ventured into the stock market let alone the crypto market. But these people are also the ones who end up calling bitcoin a scam because they lost money while listening to a shill promoter.

It is always better to develop your own APIs for keeping track of market volume and orders as well.

You may get some offers here for promotion since you made this post but be aware that majority of the people trying to sell you subscribers are actually ripping you off because they add in bot users who inflate the subscriber count but dont actually do anything useful for the channel. But I guess you are looking forward to that only because you said "channel" and not group.

A better way of doing it is to start a giveaway in this forum in the "Services" section where you can reward those who join the channel and remain there for sometime to ensure the count for a month or so and then giveaways every few months to make sure they dont leave the channel. That is how you grow a channel in an organic manner.

Its simple, think about all the retail shops that have been closed down for months. They are looking at huge losses and they need to recover these losses with time. So to do so they need to raise the price of articles in order to cover the same profit or break even in the close of this year or maybe stretched till next year Q1. We have had indigenous industries closing down and not being able to produce anything, they are taking the biggest losses, and they will have to cover it in some way. Prices of goods will thus rise but lets see what actually happens.

Whether bitcoin will help? Nope in my opinion, bitcoin is way far off. People dont even have money to buy stuff, forget about bitcoin. Countries where bitcoin is used, maybe there it can help. But that group is a minor one. Most countries dont have places to spend bitcoin yet.

Its better to keep focus on one. For being good in one you have to leave out the rest. If you are jumping around into everything then nothing will be done well and profitable for you. Of course in times of crisis like the current situation people may try to find out alternative methods to make money but its risky.

When you are trading you have to be skilled in analyzing the charts and indicators. But to do this you have to be determined to spend a lot of time working on them, observing daily movements and attempting to predict movements. It is not a easy job and compromising it with attempted freelancing or something else will only defer your own progress.

This morning market for bitcoin actually became more interesting with the price rising more than 13% and thus we might be seeing a nice rise on altcoins too if you are holding that. But what caused this spike is not known but can be presumed to be whales pumping some money into bitcoin and sort of testing the waters during this uncertain periods.

Of course stability is not something that goes with the market. Maybe 2-3%/day change is comparable to stable but then again we rarely see stock markets performers move that little, even though crypto has been like that for sometime.

Best option in terms of playing is dice. Best option to make money is not dice, its sports betting but only once you have been a pro at analyzing a game. But the newbie is not supposed to be a pro analyser so it is not applicable to them. For them dice will be the most simple game and other casino games like slots which are EV- games.

Agreed but that is again applicable once the person has become a "gambler" and into the habit of gambling, not a newbie who is experimenting with the games.

Ehh you wont get that ability to save much here because the prices of everything will rise after things change, which in my opinion will take more than a year or two. Slow release of the lockdown means that goods will be priced high and you will have to spend more. So forget about saving money even though everyone wants to save money.

Not every part of the world is like that and not every third world country is sponsored by Elon musk to give Tesla at low cost. People will have to manage with raised oil prices and likely go for public transport more often.

I dont see the importance of bitcoin here though. A broken fiat economy is always going to fixed first. Bitcoin is the least issues at this point.

Yes and No.

A beginner in day trading will lose money. Even an expert will also lose money. But they can make money too. Day trading depends on your ability to predict the market and being able to read the the fine lines between indicators for making the profit. If you are skilled in them you will make profit otherwise you will lose money.

Anything which a person is doing for years and years and has developed a second nature in will be profitable for them. But it is not get-rich-quick scheme, in fact nothing in this world is so. If someone says so then they are trying to scam you.

Whales lose money too. Its all relative.

That type of a blatant scam would lead to a career suicide for the account who is managing the bounty even if they go under the excuse that they are not the bounty issuer. However such things can happen but the would not complete fake maybe worthless in the market but not fake as long as they are ether tokens. For a newly launched blockchain though fake is possible.

You cannot verify authenticity of projects easily. Say it is about a mining farm, you can go and visit it. Say it is a project like bitcoin - would you be able to physically verify it? Its tough and thus people are unable to do so.

These loopholes are used by companies to surreptitiously launch scam schemes. Its best to stay way from altcoins if you suspect these.

The new site is way better and more responsive than the last update. I think this should be already an alpha if not a beta in terms of how good the UI is working, but of course there will be some bugs so beta is justified. Wondering how many more surprises  FJ has in store for its players during this period. Their team seems to be churning out stuff before you know it and in times of hardship this is a good sign.

This should work great for the gamblers because everyone likes a change in the times of dullness.

They are still playing if you check the top dice sites and casinos you will find a lot of high rollers who are least bothered about money or the lack thereof in this crisis period. Dice sites or the casino sections of bigger sites have not shut down since they dont need humans to run. Live games and sports betting is mainly stopped.

Well you need to have the games first in order to bet on them - right?
If there are no games happening then you wont have a chance to bet. It will like huge demand from players but no games to bet on. It will take time to get back to the pre-crisis situation. But the gamblers are ready and I am sure if thing continue as it is then casinos will come up with newer methods of games to keep their business running.

Very less likely though. We have seen fiat survive through the Depression and Economic recessions for a long time. Government has its method to increase the supply and print more money making the inflation rise. During this time people are more interested in buying essential stuff than go for a newly mentioned cyberpunk currency.

The OP's saying is less likely to happen. But government regulations can happen at one time in the future. There would be nothing wrong with that as long as you are no using the money for illegal purposes. The authorities also keep check on your stock market trading too but do they interfere? Rarely unless you are doing something that accounts to wrongdoing.

Risks are there in both. Both can get hacked. CEX is more prone to extort your KYC at one time. DEX is more prone to shutting down and exit scamming. Which path do you want to take? Rather a local CEX of your country which follow legal bindings - give them your KYC and use it at ease with local currency than getting your money in limbo with no authorities to report it to?
 
There is no discrepancy of deposits on either of CEX or DEX, individual sites may vary but I dont think any of the exchanges have any deposit fee as caution money or so. Did I miss out on your point?

You mean getting hacked? This probability is always there and the only way to prevent it is to stop using the exchanges which is practically not possible. What is practically possible to not store coins on exchanges for long duration.

Comparisons always happen. Because the human mind is prone to taking it for granted the explanation that seems obvious but is an assumption only. Now indie projects should not be thought to be similar to altcoin projects because although the concept of altcoin project behind gaming scenes is niche but it is lacking that indie concept of development. Moreover indie projects are never meant to be mainstream while altcoin projects have wanted it but failed to do so.

To some extent yes. But the factor that made them sell off at loss is also to be thought of. If these projects had actually developed something useful in the first place then this situation would not have happened.

Online casinos have flourished during this time. Although there is a human aspect of online casinos too like support staff, development team and live dealers, those casinos are still functioning with a reduced staff roster like other private organisations. Modes of entertainment are low for the addicted gamblers and so they will seek out these options and thus it is a good time to poach of new players who are playing at fiat casinos or land based casinos.

However the money crunch will soon come in. People will start to run out of money to play with and since offices are closed and salaries are being cut, it would better to keep a higher degree of control on gambling.

Which is obviously going to take a huge time. But once the US starts making bitcoin as legal the other countries will follow suit because they have to stay put with US. Anyway lets not go into the politics of the situation because currently the economic slowdown affected every country and bitcoin legality issues is the least important to them.

There is also the problem with acceptance of bitcoin and its usage for common people, suspicion of being a ponzi which are false. But I guess if it is ever made a legal mode of payment then this barrier might get lifted from the people's mindset and then we might see Cab-hailing services taking bitcoin as payment.

But honestly speaking. I prefer to walk if the place is close or use the public transport, it saves money (almost 10times) and it is good for health.

Wrong. They are never identifiable if they are promises. How can you differentiate between a promise that is fake or true when the project itself shows you how its make the money? In face the money making method is a scam as well but peopl fail to understand in the first place. That is why the teams never make anything good out of them. All these projects have failed because they dont have anything develop on. If the fake promises were identifiable then no noob would even put their money in the project.

A big con would never make itself look suspicious. Use common sense, if you are thief, would you show everyone your methods if you want to steal something?

I wish everyone in crypto would be like that but we tend to have more of those who like to depend on other and follow that "copy him and I get rich" attitude. I believe they got this from copying answers and passing school  and with this mentality they copy influencer quotes which are more or less questionable.

Free knowledge is available everywhere on the internet. The problem is that the social medias currently have become breeding grounds for these self-proclaimed influencers who promote stuff to get paid and make it seem like that thing is too good while in reality they dont even care about the thing but only in the money. Some people are literally running their lives like this.

Truth is, legal scams have existed like this since a long time. But people never learn.