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4901  Economy / Trading Discussion / Re: The right mindset needed for all traders on: April 09, 2020, 05:20:39 AM
Discipline is hard to achieve and we should focus on having it especially if want to profitable in the volatile market. Being a discipline trader is all about following his plan where he follows to cut his trade if it achieve the invalidation levels. Being discipline trader can help us to earn profit and avoid major losses.
Nothing is hard to achieve if you have the determination. You can become disciplined on your own rules as long as it works. You dont have to follow some well known "guru" and their preaching to become disciplined. Have your own code while trading and follow that, doing so is the key objective of being disciplined.

But being so will not be something that is fullproof. You will lose money and that is a part of the trading experience. Some days you will see green across the boards and make a lot of profit, other days will not be same. So important thing is you need to be versatile and very flexible about losses and profits.
4902  Economy / Gambling discussion / Re: Reputation at stake will you stop gambling on: April 08, 2020, 07:37:15 AM
I think heres where the anonymous crypto gambling wins everyone. No gambler would stop for what other people think. If they have to pretend that they are not gambling, they would secretly indulge in crypto gambling sites online of which no one would ever know.
The privacy associated with online casinos is what made them popular against the offline, brick and mortar casinos. Then came the cryptocurrency casinos so the only thing that kept your name linked to bank account and using that to deposit money was also erased due to the pseudo-anonymity of bitcoin and altcoins.

But of course you will be known by people gradually if you let your gambling habits get the better of you. Whether one needs to control that or not is their choice but morally on should control if their reputation is being questioned.
4903  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Some basic advice for a newbie please...? on: April 08, 2020, 07:25:15 AM
Im looking for the best app to use to buy/sell on, is it as simple as transfering $ to an app (any advice on which one would be great - im in canada)
Binance and Coinbase are available for now. Look out for newly developed apps too but be careful about depositing there without knowing whom you are sending money to. Scams are common here and there is nobody to seek legal help from it you get scammed. However these two are trusted enough. Now it is not as easy as sending dollar to a digital payment method. I dont know how much you are aware of cryptocurrencies but you need to get yourself verified with a KYC/AML if you want full control over sending and withdrawing money to banks and so. Moreover you might face problems with banks if they are not compliant with crypto. So check with local residents of your country before signing up.

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buying the type of coin i want to invest in then ideally selling when it gets to a level i am hoping it does?
That is a different topic altogether. Bitcoin and altcoin market are very unpredictable. You have learn how to read indicators and then its a roller coaster ride. Simple answer, read the charts, buy low, sell high, hold till you reach a target and dont panic because anxiety is what runs this market.

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Im looking kfor access to the broadest range of coins, lower fees and high security if that helps any in recommendations?
All these are ideal conditions and there is no such app which is ideal. You have to try them out and see which one suits you along with what I wrote above.
4904  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Dogecoin payments using api on: April 08, 2020, 07:20:05 AM
You can use coinpayments API https://www.coinpayments.net/apidoc-intro
Coinpayments charges 12DOGE for On-Chain transfers and 0.5% for Off-Chain.

Another on is BitPay API and the Coinbase API.

There is an ongoing discussion already here, I myself learnt about them from it - https://bitcointalk.org/index.php?topic=5238347.0

I guess this is a new problem with using block.io so these threads are coming up.
4905  Local / Marketplace (India) / Re: Recharge for BTC on: April 07, 2020, 01:35:05 PM
You can use Bitrefill.

https://www.bitrefill.com/india/?hl=en

I had used them about 2-3years back and at that time the only thing you could recharge was prepaid phones. I topped up my carrier using them. You have to just wait for the transaction to be broadcasted, I am not sure about whether it is zero-confirmation deposit there nowadays but even then just wait for the 1confirmation and the payment should come through.

When I tried, it was pretty fast once the first confirmation came in.

If you still have any questions you can ask here - https://t.me/bitrefill
4906  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency vs. Fiat currency. on: April 07, 2020, 06:06:48 AM
Well, that's a huge advantage that crypto doesn't have. in addition, trust in fiat is greater than crypto. moreover, people are more dominant looking for cash, even when they use crypto, they sometimes use it to improve their fiat.
The simple way to understand this is that fiat has been here since years and systems of payment have been developed to become more in a digital landscape just in the recent decade. Of course the acceptance and usage of fiat is much higher. Crypto has its own niche usage and a cult following. Majority of the people who use crypto are in it for the long term value and not transacting on it. Storing crypto for its value is becoming more important for the next generation and the current generation.

The future is unknown but people are optimistic about bitcoin being used more in transacting than just hodling or trading.
4907  Economy / Gambling discussion / Re: Longest Break You Have On Not Gambling on: April 07, 2020, 06:03:27 AM
That is the right place for people who want to search for a peaceful place without an internet connection. Not all people who can do that, especially if they don't connected with the internet, and you are the one who can do that.
Just book a vacation to a well known place and you are all set. Indeed it is important to return to such places at times because a continuous gambling spree does have its bad effects just like too much of anything is always bad. Unwinding is an important aspect of life and lack of it does lead to problems.

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I think that could be one of many methods to learn about controlling ourselves, stay calm because we can feel boring while we stay there.
Soon enough one feels the urge to go back because they are missing their work. That helps fuel the user with a new enthusiasm to do their work even better. Now how much this has effects on gambling is not known to me, but it will be good if you are trying to reduce the habit of gambling.
4908  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin antifragile? on: April 07, 2020, 05:55:57 AM
It comes down to the same discussion of whether bitcoin will be the safe haven of money if the world economies collapse. The answer is No, which might sound like a stab in the heart for the bitcoin users, but the hard truth is to be accepted.

If ever economies do collapse, like DarkDays says, like another depression, people will focus more on buying stuff for feeding their stomach and just surviving the days. The concept of investment comes when the basic necessities of life have been dealt with, not the other way around. So those who even had some bitcoins would sell those for liquid cash to use for buying stuff they need.

Then again, the acceptance of bitcoin is non-uniform if you look into the world maps. So it is out of the question of whether bitcoin is antifragile or not, It is fragile, like any other asset.
4909  Economy / Trading Discussion / Re: Trade and make a profit in a Volatile market on: April 07, 2020, 05:49:55 AM
The Idea of making profits using high Volatility and perpetual swap contracts looks beautiful from the outside but the whole ugly truth is hidden on the inside. People are always getting liquidated or making have losses when they enter wrong positions.
Yeah these topics are just promoting the hidden mindset of the risk takers. Since the market is moving in a downtrend recently, though this morning it has become bullish, brokers are advertising their services in a biased way to make these fools think that they can make more money than just spot trading. I hope you have seen the movie "Wolf Of Wall Street" - you will understand it better then.

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It's not a bed of roses and definitely not for the faint-hearted. Before joining Margin trading, always know that there is also a chance of making great losses in the shortest time possible
In fact brokers or in this case exchanges make majority of their money from margin and leverage. Futures and Options are also profitable for the exchange not the person playing on them. Of course some do profit from it but it is a type of gambling.
4910  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: April 06, 2020, 06:40:22 AM
I can see some users suggesting notebooks and excel spreadsheets. But the real truth is something different.

As soon as you run this for a month or so you will realize that you are actually losing more than you are winning in a proper scientific evidence which you have recorded on your own. This will either have two effects:

1. If the player is an addicted gambler, they will deny the evidence/record and throw it away to continue gambling, hiding the fact that they are going broke.
2. If the player is a wise gambler, they will accept the losses and either move on or reduce their habits.
4911  Economy / Trading Discussion / Re: Don't trade what you can't risk loosing on: April 06, 2020, 06:36:59 AM
Especially dangerous for those who are trading on Futures or Perpetual swap markets. Becareful with your funds!
If you are trading futures there is nothing called safe. Futures and Options is a gambling market. It is literally trying your luck on whether the coin is going up or down in future and the stakes are pretty high here. Spot trading volume is much lower than what margin, futures have in volume. This shows that people have the money to put in these but the risk is also high.

Of course one should not trade what they cannot risk to lose, but when the thought of putting in 100$ to make 10k$ you would not stop putting in something from your savings. You have to decide what to do there.
4912  Other / Meta / Re: Bitcointalk signsture on: April 06, 2020, 06:32:43 AM
Thank You for clarification, can you please let us know how we will get merit in this forum.
Let me make it clear for you. Merit will be awarded to your posts if they are having some substantial content and not a generic post which beats around the bush. So expect a very low earning of merits if you are determined to spam the forum and get paid from signature campaigns, though we have had many users who have earned a lot of merits even when wearing a signature.

Dont hope for merits to come, because they are awarded by merit sources who are also humans and have voluntarily entered this post or have received merits from other users. Just post normally and know that there is no hard and fast rule for getting merits.
4913  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When is altcoin season??? on: April 06, 2020, 06:28:16 AM
Altcoin season should come during BTC halving or once coronavirus issue fades guess market will be back then.
Very optimistic though. But the world needs to come out of the crisis first and then get the economic condition stable again. Opinions are divided among what is going to happen with the halving and its effect on prices now that the pandemic has occurred.

The halving will come as it has a fix schedule but the coronavirus might stay longer, God forbid, but I'm just trying to be realistic here as the its been spreading so fast especially in the US which is a major country.
True, the halving does not depend on the pandemic. It will come no matter what. So the expected pump that was supposed to happen before the halving may not happen at all. We might not see altcoin season at all this year anymore because the world economy is going to need time to recover.

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As in BTC halving its expected that the value of bitcoin will rise but it does not mean we will also see an altcoin season, it was never a guarantee.
In fact I am more of the opinion that altcoin season is a gimmick and just a false hope to altcoin holders. Wink
4914  Economy / Gambling discussion / Re: Gambling Business That Survives when a Crisis on: April 05, 2020, 07:08:35 AM
Mainly the sports betting sector of the gambling industry is getting affected. The live dealers and such are still working from offices as seen on Evolution gaming and so but things might change in future. But we can safely assume that the casino games which are working without any human support are going to keep running normally.

The problem will arise when the players play too much, they will be wasting money on gambling such that money for essential items start to decrease. Do not let this time become the bad omen for you. Gamble responsibly and keep in mind that this is a crisis situation where keeping your health and mind intact is more important.
4915  Economy / Economics / Re: Help of cryptocurrency in globalization. on: April 05, 2020, 07:04:35 AM
It is quite difficult to say how much blockchain can actually be useful for globalization.
It might not actually. But things are optimistic if you look into the IT farms and the Banking sector embracing development of blockchain and implementing it for their services. Soon enough the banks will become the pioneer in blockchain tech, unlike what the bitcoin users here think, in other words, the tables will turn in favor of the banks.

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In general, it should, because for the most effective functioning it is necessary to connect projects with each other, create synergy. However, there are a number of problems that are directly related to the types of blockchains, their speed, security and scalability.
These things are present with any new technology or method that is under development. The good thing is that tech companies work on them and try to modify things into working with speed, security and stability. Gradually we will see development and which if for the good.
4916  Alternate cryptocurrencies / Altcoin Discussion / Re: Too good to be real projects on: April 05, 2020, 07:00:42 AM
out there, there are so many projects that have done ICO / IEO that at this time haven't even made any progress. in fact, they continue to make promises and procrastinate by taking advantage of the situation.
They farm the finances in other words and look for a private deal to sell off the failed company to someone who is going to sell it again. It is a business tactic and since the investors have no legal power here the owners are doing stuff at their free will completely disregarding the people who wasted their money these projects.

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however, I'm also careful about things like that. even when a project promises something, and it is not fulfilled at a certain time, I might blacklist the project.
That is useful before investing in the project. How will you know that promises remained unfulfilled if you never invested in them? Of course you could follow their social media channels and get the idea but then if you are a non-investor just watching the project you will lose interest in them, generally speaking.
4917  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Sometimes hunters are to be blame on: April 05, 2020, 06:55:40 AM
Every hunters have the right to promote any project they want, either they will win big or small it's none of my or yours business, if I can recollect very well even a bounty project with small allocation turns out better than 100k bounty allocation
Of course they have the right to do that.

Be at the cost of what? Their time, their reputation - both if not more things are important to them. Using that time they would be able to develop some skills instead of hunting behind worthless tokens. Develop some skills that actually will be paying them a decent earning in future.

Thing is that most bounty hunters are in it for the payment. Very few care for what the project really is and what they are trying to develop in the first place.
4918  Economy / Gambling discussion / Re: Crowded Casinos - Play or not? on: April 04, 2020, 04:59:46 AM
It just give me stress, i would rather play at home for my own convenience.
Thats why the online systems were developed. In order to make people lazy and stay at home. Grin

No offense, just saying that it is a personal opinion of gambling at your home that makes you more addicted than playing once a while in a year at Vegas as part of tourism without the mindset of playing for win but only for fun.

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Try these online casinos that are trusted so that you can keep your funds protected. In this way if I won, I will not attract other people that might ask for giveaways. I heard that some online casinos have certain issues that is why I am very cautios to the websites I will visit.
You can trust the well known names on this forum. Generally speaking every new sites get scrutinized by this community before they play so any scams will be exposed very quickly and there is no end to the number of trusted sites here.
4919  Alternate cryptocurrencies / Altcoin Discussion / Re: How to escape loss as an altcoin trader on: April 04, 2020, 04:51:13 AM
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.
You need to keep one side of the trade fixed. Maybe USDT can be a reference for that. But I think this is what most people are doing and its nothing new.

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If you are passionate about hodling bitcoin, always convert to usdt or other stable coins and be patient for a fair entry point. Because the market isn't running away
Just one coin to convert to is enough. But this is going to be a bit problematic if you are changing like Altcoin>Bitcoin>USDT. Instead just sell the altcoin for USDT because its price is fixed. Then buy bitcoin when bitcoin's price against USD decreases. This micromanagement is essential to keep track and becoming tired of it will not help.
4920  Economy / Economics / Re: returning to normal on: April 04, 2020, 04:42:29 AM
Every bad time comes to an end. This one will also follow the same route. The bad thing is that the world economy has and will be suffering for the rest of this year to come. I dont think bitcoin will be doing anything good this year and we can expect it to remain bearish for longer period of time.

The third world countries like always will have a devastating effect on their economy and they will take a lot of time to cope up with the situation. The important thing in such times to to learn how to keep a sane mind and not go off the track or take the law in your own hands.
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