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4941  Alternate cryptocurrencies / Speculation (Altcoins) / Re: here comes the alts days? on: May 20, 2020, 03:31:22 PM
To make the days of alts, it is necessary that Bitcoin very much increased in price, at least to 20k$, and the higher, the better and after that may come a good growth of alts.

I think altcoins will likely increase if bitcoin will reach at that level, but maybe not as profitable like in the past, possibly a recovery only for altcoins but if Bitcoin will rise further then maybe we will see altcoins to rise more since it's hard to stop the FOMO and when the market is in FOMO, no TA can help a trader since movement are mostly uptrend.
TA may not be as reliable when FOMO ,when market starts to arise mostly the chance of finding a good currency to trade is harder though we can use another strategy of at least short term holding in case the growth is continuing .

also there are only few traders that active in trading when the market is bullying instead most of them are staying in their holds and wait for tioming to sell.
To make the days of alts, it is necessary that Bitcoin very much increased in price, at least to 20k$, and the higher, the better and after that may come a good growth of alts.
what if 20k$ did not reached?so altcoin will never have their days?lol what is important now is when we can stay focus in our investments and when we can sell out in right time,never rush and never expect too big profit because greed will bring you down always and that is the reason of failure here.
4942  Economy / Economics / Re: Did COVID-19 Bring Any Positive Sign? on: May 20, 2020, 03:06:51 PM
Those advantages can only be felt by people who aren't really struggling with the 'what will they eat tomorrow' problem.
there are some good help and assistance that government are providing (but maybe different from other country ) and also this is depend on how we manage to keep our funds in this time of pandemic.
Are we passed the peak already? Damnn, some of the important people in my country are talking about the inevitable economic collapse in the near future.
or maybe they really want this to happen because this will favor rich and powerful people?
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Although the situation doesn't feel too gripping anymore and everyone has begun to adapt, it cannot hide the truth that we don't even know when this pandemic will end especially in my country.
actually in this part we are both in same side,the pandemic has no ending so far and may take long before totally vanished.
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I still have some fiat savings and hold some BTC. I hope that holding Bitcoin will save me later if my country fiat currency is weakening later.
but together with our country failing BTC will also stay low since the global crisis affects the crypto market now obviously .
4943  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance is a good exchange but don't expect forever surge on: May 20, 2020, 02:44:23 PM
I guess people are treating it as an epitome of cryptocurrency exchange, whereas it is not. It too got hacked and it does have flaw such as centralisation and highest fees for launching a project. I guess there is a lot of hype that still exists about Binance.
you know why they have highest fee for launching?because they usually pumped the newly listed coins/tokens in their platform ,that is why it seems that there are manipulation that happening inside.
It's same as Bitmax, kucoin, Okex too, many are blaming these top exchanges for making new projects lose value as if it's their faults, maybe investors already forgot that crypto is so volatile, ups and downs is definitely something we can't escape
Thats the stupidity of people to blame exchange as if they knew what would happen in the future,Yeah exchange must be choosy in letting project to be listed but it is not their duties to check each projects progress because they have done their part and it is from the team to make the project move up.
Binance cannot guaranty the longevity of any project a project can pass the criteria set by Binance but when it comes to running and development of the project, it's on the developers of the project, and Binance are delisting projects that did not live up to the expectation of investors, and no progress in the market.
exactly my point,there is nothing to be blame for the projects failure that the developer and the team .
4944  Economy / Trading Discussion / Re: Beware of fake okex.com exchange on: May 20, 2020, 01:35:58 PM
Obviously even in the site name they are different so why have some become a victim?i don't understand whats happening in people in crypto.
Not only okex, but there are many fake exchanges that have been spread at this time, even I could see some banners posted on websites that provide information about cryptocurrency. In addition to bookmarking we also must always be careful when wanting to login into the desired exchange and make sure the url is real (because sometimes someone types in typo).
Just visit scam accusation section and you will find all of them and also in Beginners and help where some posts goes there for many may know.
one of the threats from outsiders, if you are not observant then you will be trapped, like rats, your username and password will be stored by hackers, maybe some people have been hit by this fake site, and lost their assets in Okex, and blame Okex, I think we must be careful and always better Bookmark the exchange site
i once become a victim of phishing site so i know the feeling of being hacked so let us be vigilant and knowledgeable for there are thousand of hackers and scammers in this forum and outside.
4945  Bitcoin / Bitcoin Discussion / Re: An inspirational story of a 19 year old boy. on: May 20, 2020, 01:20:51 PM

Most of us have at least $1000 in our savings account, it sounds so normal but the young boy makes it enough to become a millionaire someday, it is enough to invest in cryptocurrency.
l have reached my college life and even graduated from this but don't have this amount in my account,i only taste this amount when i started working on my own.
At the age of 12, the boy received $1000 from her mother as a gift and he used it to buy bitcoin and how he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
Source: https://www.c[Suspicious link removed]m/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html
GDrive: https://drive.google.com/file/d/1sT3hEAnbr4DJRf0HcPEeMSzQtbYhJpWR/view?usp=drivesdk
actually i believe that i have read this same story back in 2017 ,but cannot find the thread posted long time ago.is this the same thread link? https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html?fbclid=IwAR09sb1fbkAkKKkRjnrDVdeTC4N1VAfHXUsbdITWG8PmBEahmifqdMukoh0
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This sounds so good, hoping that we feel the same way, most of us dream to be a millionaire or even billionaire someday, praying and wishing that it all come true someday, it takes time and experience to become one of those people. Just be patient and keep dreaming Cheesy.

PS: I don't know what happens to the source link, I already edited it many times and it ends up like that.
PS: I just saved it to google drive so you can still visit the link if you want Cheesy.
of course all of us dream of having this amount but the old days are gone now and there are few chances that we have now.
4946  Alternate cryptocurrencies / Altcoin Discussion / Re: Warning for newbies on: May 20, 2020, 12:30:40 PM
This advices is very important to newbie that really just enterance cryptocurrency. The most important thing is always do research on any project that you want to participate or maybe you can invest on popular coin like ETH and btc.
Even in Bitcoin or Ethereum you must not invest any cents until you have a formal knowledge about where you are investing because the more you have knowledge is the more you may lose in each investing.
It is not enough just to visit the branch of scam cases; it is important to check each project yourself in a search engine.
using search engine will also direct us to the scam cases regarding projects.
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And more than once.
Many make the mistake of checking the project only once during the initial analysis. While there are no 100% guarantees (they are almost always absent), it is necessary to assume the probability of scam.
if you can afford to lose then bet for the said project but if you really care for your money?then extend your hands doing multiple research  first.
4947  Economy / Speculation / Re: The excitement is over, what's next? on: May 19, 2020, 07:47:29 AM
Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.

Hope it will clear the barrier of $10K resistance level soon.

Depending on how you see it.

Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.

   It's a guessing game for traders and speculators, for us long-term holders it's just daily volatility! I don't bother
myself with that, and I don't agree with the headline! Excitement is not over, in crypto-currencies you have big
rises and drops every month, but this halving made many people to excited, in my opinion it's just FOMO. Most
of us here that true excitement will be next year.

That's just a small FOMO if there is really a FOMO, we've surpass that $10,000 already last year, so it's not a big thing that we rise at that level and therefore bitcoin is not likely going to dump, it might be stable this year but hopefully there's some big improvement we will see this year from last year.
Lets be clear about how much we have gained last year and that is $14,000 and not just 10,000 so this amount is only peanut if the market really needs to pump this year again specially with us having the Halving effect.
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South China Sea


is international waters, its China who is making proactive moves in that situation.   Might be a good analogy for the wider picture, whether USA realises or not they benefit from the status quo and so are unlikely to change it.  However factors like this virus are natural and reoccuring inevitable events that upset the order.   Its probable China does something sooner or later and hence thats the excitement of another type on a macro time frame.   This year I dont see as that exciting vs the ones after.

However, what is the status quo for China? A large area of the South China Sea is not international waters according to China's 9 dash line claim.

Also, your post is confusing. What is your point?
So many countries that claiming in that part one of them is my country ,so this issue can be tackled via international law and body not here in forum lol.
4948  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth. When!? on: May 18, 2020, 03:50:42 PM
When will you buy eth again?
Now?
When halving begin?
After halving?
Thanks
I have no plans for now to buy again because i still have my holdings and actually i am thinking of opposite things to do like selling some of my ethereum and buy Bitcoin instead.
When will you buy eth again?
Now?
When halving begin?
After halving?
Thanks
I am still waiting for its price to drop to buy. I think it will go down by about $ 180 or $ 170 again, it's called a correction after about a month of continuous growth. Halving also takes time to grow and we should be more patient to be able to buy at a good price. Please divide the capital to buy now and do not all in.
Price drop again?ethereum falls 100 $ last march it seems that you did not buy that time and now looking for another drop again?
ETH was 170$ just last week then why not buy instead?
4949  Alternate cryptocurrencies / Altcoin Discussion / Re: New exchange tokens worth investing on??? on: May 18, 2020, 03:38:46 PM
First pick will be BNB.
But you might not maximize the profit since its kinda late.
I think it is still reasonable to invest in BNB but only if he can afford to wait longer because binance coins are good for long term investing and not for short term .
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2nd pick will be OKB.
It's because of the reputation. Chances of profit is still intact unlike with BNB.
Well OKB has a reputation but i much believed in Binance than this one,though we have different out look for each investments we’ve done.
Remember that all exchanges were once new before reaching the height they are now. It takes a professional and experienced team to develop projects especially exchanges to its peak. Hence to know that a new exchange token is worth holding, the investor cannot do without researching into the team behind it. Also look out for the type of services they will provide that will make that exchange unique from the rest.

You say that “new exchange token is worth holding”, but how can you be sure that this exchange will be successful? There are too many exchanges on the market at the moment and new appear every week. They dont bring anything new, so why would be successful and it is worth to pay attention to them, when you can always use “good old exchange”?
Yeah New exchange is a risk compared to those who’s in active now,and seems op is just looking for quick profit and not ready for long term investments .
4950  Economy / Economics / Re: returning to normal on: May 18, 2020, 03:29:14 PM

Now there is no choice of the government because, in order to control virus spreading, the government should take strict actions about the lockdown. Of course, it will affect economic growth, but there is no choice, We might see a huge recession in the coming days because many people will surely lose their jobs. This makes the economic growth of the countries will be worst.

Strict rules thats really needed so we should abide and listen to what they have to say because its for our own welfare. We cant go back to our normal lives if the virus didnt vanish and if there's no vaccine available to cure the infected. Everything that is happening is just temporary I just hope it wont last longer than expected because many of us are struggling to survive everyday especially those who dont have savings to buy goods and necessities.
Sadly this is opposite to what had happen today here in our country since today is the first day of returning people to work (but only limited company and half volume of regular employee)
What happened is people in the road almost back to normal as if there are no risk of virus infection and i hate seeing them that way.
I think it will be going back to normal. But for certain period of time.
Of course everything will back to normal but the question is how long will it take and how many needs to suffer before this becomes reality?
Look at the economy and you will feel what we are facing this whole year and the next.
4951  Economy / Trading Discussion / Re: Why people run away from trading!!! on: May 17, 2020, 09:56:43 AM
I think the majority will out of trading due to the house rules. most people lose because of their rules, the leverage fee is quite high and sometimes your order has hit the Target profit but it is not triggered, even there will be very high spreads and make the range Your loss will increase by 10-15%. I really hate this and that's why I am out of day trading. Now I only focus on analyzing the price of bitcoin to buy at low prices and hold for a long time.
Depend in which exchange you are using but in other points i believe you are right because the rules are not traders friendly and more on the leverages .
I am also a person who is running away from trading, I tried trading before and I lost my 0.01 BTC so I didn't try it again because upon trading I realized that it is like gambling because we are taking a risk of our money, without knowing that we could win the prize or the reward. I don't have enough knowledge about trading so I stopped it, I didn't tried to gain some knowledge or skills about it because of being disappointed in what I have lost because that money is really important for me because I I really need it before then it has gone because of trading, I tried it because of thinking that I can earn more money but I was wrong because it's not just easy as what I think.
that's a small amount to be frustrated mate imagine you only lose 0.01 when others losses more than a bitcoin but yet trying their best to make profit.
Everyone has a different risk tolerance and risk understanding, some traders love to take risk for doubling their budget less than week in short term swings. Some traders look for 10% annual profit per year. The first category traders usually fail and give up about trading especially if the market is more volatile.
you are right. sometimes too high expectations can make a person depressed and leave what they are doing. This happens to traders who target high profits and are willing to take large risks. it makes them despair when things don't go according to plan. Well, the only survivors can take advantage of the situation.
that is why we must not greed in trading because this will lead us to losing more than what winning we are expecting .
4952  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When Will You Start Buying Again on: May 17, 2020, 07:12:41 AM
I am already starting to invest a little bit in the coins I am interested in, as many coins have started to fall in the market and this is a great excuse to invest in coins cheaper than usual.
actually it is best if you started in march when the value is really tempting to buy comparing to the value this month but of course we can wait until what this halving gives us this year or on the next.
After halving Bitcoin and a small drop in the market I invested, now the market has grown a little bit and I expect it to grow further and I am not going to invest anymore.
after halving the market did not fall but yeah it grows a little bit and lucky if you bought that day and now you are at least 5-10% profit.anyway lets help the market grow by buying what we can afford to lose from this day onward.

4953  Alternate cryptocurrencies / Altcoin Discussion / Re: Safest trading strategy on: May 17, 2020, 06:51:10 AM
a good strategy in trading, because most traders are too ambitious in seeking profits, but the results obtained are just the opposite
therefore, it is very suitable if we use this trick to reduce losses that are too large in our trade.
Reducing losses is our own decision so it can never came from that trick or something in bot,instead this is about our plans and knowledge so better not to let them told you what to do instead decide your own.
Everyone has different strategy which is buying low and selling high is the smartest way, but people tend to buy coins if there's hype and a bit descent pump in market like we saw in the Halving most of them bought by thinking the price will go up for sure some that they can make some short term profit, I am really against it because buying in dip and holding till the market goes up is the thing which works here. So plan accordingly before Investing without any logic..
depend on what kind of investment we are doing here,if you are willing to wait longer then it is applicable that buy low sell high,but in day trading this is very rare to happen as we are mostly look for the pumping currency to take a chance profiting until it falls down.
4954  Economy / Gambling discussion / Re: Poker games that are providing free plays to earn real money on: May 17, 2020, 05:45:33 AM
For Pokerfans who would like to try their luck and skill without risking their money, these sites do give real money to free entrant of the tournaments.

1. SWCPoker.eu - Free tournament every hour with 1000 satoshi reward. Quarantine special free tournament twice a day with 20,000 satoshis each. And other free tournaments for high Krill users.
 
I have heard about SWCpoker that having a tournament but i din not know that this is for free and 1000 satoshi is not bad as if we are only playing without our own money involved.
2. Poker.com - Free tournament twice a day with 25,000 satoshi rewards each.

If you know any more keep on adding.
this is not familiar for me and i am browsing it now to know until when they will conducting this tournament .

Thank you OP for sharing and for sure tons of members here will visit the sites to take their own chances .
4955  Alternate cryptocurrencies / Altcoin Discussion / Re: What old coins are you still holding? on: May 16, 2020, 08:57:14 AM
There are some old coins that are still sitting in my wallet; Litecoin, DASH, and monero.
Though this currencies are old yet they are worth holding mate as these 3 has a bright future ahead.
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I have already traded most of my old coins into the new coins that is still booming right now just like tezos, chainlink and some other coins with real product.
Sometimes we must to decide just to make sure we will not lose much when the currency fells down thats why we need to sell and regret when the price grows more than expected.
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There are so many old coins that were dead right now and i have taken the decision to decrease the risk by converting a lot of my old coins. I think others will have almost the same choices.
actually i am still holding some coins that already dead now for a chance that one day when the adoption happens these coins will woke up and start making good progress.
4956  Economy / Gambling discussion / Re: How to be invested in Crypto while staying away from gambling? on: May 16, 2020, 08:40:43 AM
Like what the saying in investing only invest what you can afford to lose, so is on gambling you must allocate on gambling what you can afford to lose,
There are many gamblers that wanted this to use as strategy but we also know the urge of gambling in which addicting and tempting that if we lose part of our mind tells us that we can win all back just by hitting jackpot so the plan change when we sits on the table.
gambling is a game of chance even in skill-based gambling, luck still plays a big factor you can lose everything if you don't have control on what you are allocating in gambling, only you can control it, either you end up losing everything before you realized it, or you realize it now.
Luck is always the one needed to win,but in some areas of gambling skills are also take part in which even without big luck but if you are skilled then chance to win is also there.
4957  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 1 JAN 2021 BTC WILL HIT 100K$ on: May 16, 2020, 08:21:27 AM
It might not be exactly Jan 2021 but i know next year bull run is imminent. i am talking from histrical data. The last halving was in 2016 and there was a bull run in 2017. So from this data i know bull run is imminent in 2021

looking at halving in 2016, bitcoin began to show its might a year later.
actually in 2016 there are small changes that continues to Grow until 2017 when the final act happen and the highest price ever predicted for Bitcoin.
I agree with the colleague above that if January 2021 the possibility is rather small but for the 3rd quarter of 2021 it could have happened. this is if you look at what happened last halving incident. hopefully that can be realized because many are waiting for it.
actually if the pandemic did not Hit the world economy/i am sure we are in the high position now as we have started this year with great growing figures.so yeah the longest waiting is 3rd quarter of 2021 and thats it.
4958  Alternate cryptocurrencies / Altcoin Discussion / Re: Token burning on: May 16, 2020, 07:04:51 AM
A token burn is still useless if there is no demand for the token. Most projects do a token burn hoping that the price will rise due to less token circulation but this doesn't work if there is no demand.
yeah and in 2018-2019 this burning becomes popular as many companies are doing the same but still nothing comes good to their tokens price because some are useless generic and others are too much volume that the burning seems to no effect at all.
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It's the most useless process i have ever seen around in economical aspects.

I think this is useful to those who  has Big volume but also has a good performance,this enhanced their capacity in distribution and also in the eyes of investors so meaning it depend on the status and future plans of each project.
4959  Economy / Economics / Re: The unfortunate event that is Quarantine. on: May 16, 2020, 06:52:27 AM
Apparently due to Quarantine , people are getting jobless ,but then again pause for a minute.
Some well established institutions are able to provide the financial support and they are shifting the jobs online .
Because this is depends on what company we are referring to,imagine a man power company will face this problem,then how can you apply a Homebase work when the job needs physical works?
One should understand that, this is something that only some well off members of the society are enjoying.
meaning of "Well Off MEmbers"?if you are pointing about the big businesses again i will tell you it depends on the nature of company.
Unfortunately the people with small jobs are now deemed insignificant and they are sitting at home and hoping for it to end soon ..

small jobs is not that degradable in this case,because we can at least be skilled to find other jobs maybe offers from the community or even make small business a this are ind emand now
4960  Economy / Trading Discussion / Re: Top Cryptocurrency Exchanges on: May 15, 2020, 12:13:34 PM
At a time like this, exchanges are becoming more and more popular while some simultaneously experience such high traffic that it becomes temporarily suspended and unable to be used by its users like Binance did yesterday due to its high volume trades.
I had experienced this situation some time ago and i believe that this is caused by big volume of trades happening that the site cannot even hold to manage thats why this suspensions happens but only in limited time.
check out Bestchange (https://www.bestchange.com/).
+1 on this one mate as this site gives you more best choices on how and where to make good exchanging .
now traders are barely participating in honest exchanges such as Binance, stex, hotbit for the reason that this is the greatest room to trade

We cannot blame them for this reason mate,and of course even us will do the same for safeties and reliable trading.
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