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4961  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a right time to buy some ethereum?. on: October 16, 2021, 12:55:23 AM
Like bitcoin, you can buy Ethereum anytime you want and not depend on the price. But buying Ethereum at a low price will give you benefits as when the price increase, you can sell some Ethereum and get your money back. You can also just wait for the price to break and reach the new ATH but that will need longer than selling when the price increases. So it is better to buy Ethereum right now before the price gets another rally because that will be too late to buy and the price already increases.
There probably a time again to buy a lot of ETH, for now I only buy when needed in my transactions. Price is quite high nowto invest full on it. I would have othercoins to trade with than to buy ETH at these time. But having ETH for long run will be beneficial just wait a little bit till it drops even at least of its price. Just monitor how the pricewill go then buy when you have extra money to left in ETH forlongef time like what other eth investors did.
I am not sure if we can buy a lot of ETH again unless you have a lot of money to buy it at many range price. With the price now, only the whales can buy a lot of ETH, even if the price is a dump to $2,500 as they can easily do that. But for us, we will be happy to just buy for a small fraction of ETH. And for the current situation, we do not have to buy 1 ETH if we do not have much money but buy with small money and sell whenever the price increases and repeat it again and again. Having ETH, in the long run, will benefit us because the price can increase so high like bitcoin but that will be more beneficial if we can buy at the lowest price, especially when the bear comes again in the next year.
4962  Economy / Scam Accusations / Re: Bitvest is a scam on: October 15, 2021, 03:03:41 PM
Gladly, @lightlord finally pays all of their participants at the right time. Hopefully, that can satisfy their participants receiving their 10 weeks payments. Not just paid in the Bitvest, but @lightlord also finished the payment in 777coin. Bitvest and 777coin are not a scam because @lightlord still paid his participants. Maybe their participants will see a change for the campaign, whether it continues or still paused for a while.
4963  Economy / Economics / Re: What will be the effects of China's central bank declaring all crypto illegal? on: October 15, 2021, 02:01:38 PM
Indeed. That can create a rebellion from their people because they use strict rules to control all people while people need to realize that they have the freedom to do whatever they want. The government can control them but not all of their lives because every person will have their own will. If the Chinese government still wants to do that, that will be up to them and we should not worry about that because crypto can continue to grow even if China is not in the circle.
4964  Alternate cryptocurrencies / Altcoin Discussion / Re: Beginning of massive breakout? on: October 15, 2021, 01:05:22 PM
Litecoin Cash is pumping hard for 2 weeks, do you think that's the breakout point?
It's really irrational, cause Litecoin is falling atm. Opportunity?
How could it be irrational? The pump and dump can come to any coins without notice and when you see that happen, maybe you are late to join. That can happen too with Litecoin Cash but I do not think that will be the opportunity to buy because the price is already getting a pump. Maybe if you want to invest in Litecoin Cash, you need to wait for more until the price can back to the lower price. But if you're going to invest right now, you can buy it directly and hold it until the pump comes again.
4965  Bitcoin / Bitcoin Discussion / Re: After a few months of China crackdown on mining. Check it out! on: October 15, 2021, 12:06:24 PM
Yes, it is. If the miners move to other countries, the government will regret it because if they can control the miners, that can be another revenue for the country. But some miners already move and continued in the mining process as we see that in some countries, the hashrate increases and China has 0. But I do not believe if China has a 0 hashrate for the mining process. So no matter if China is in the bitcoin or not, bitcoin will continue to grow. Hopefully, China government will realize this and will change its policy.
4966  Bitcoin / Bitcoin Discussion / Re: I am new to Bitcoin and have been using Coinbase only. on: October 15, 2021, 11:01:52 AM
I also have the same hesitation when I was a beginner. I used to store my funds on a top exchange but I was still doubtful about it so I decided to purchase a hard wallet to keep my funds safer. I'm not saying that Coinbase isn't safe but it's better to keep your earnings in a safer place especially if it's for a long-term basis.
That will prevent us from getting scams from any exchanges and we can store the coins in the safety wallet. Yes, I know how it pains to lose the funds in the exchanges because of not sending the profit into other wallets instead of just storing it in there. Maybe he needs to consider buying a hardware wallet like you so he does not have to worry if he will get into trouble in the future as no one will know what will happen to us.
4967  Other / Off-topic / Re: Deontay Wilder sustain severe injuries on: October 15, 2021, 10:30:55 AM
Losing a career in boxing is a nightmare for the boxer, especially if they lose that because of severe injuries. But the boxers can not deny the risk of being injured because of the hard punch, so they need to practice harder to reduce the impact on their body. Only some boxers can continue their career after getting some medication but that will not give him the full power as before because he already got injured from the last match or experienced pain from a long time ago.
4968  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a right time to buy some ethereum?. on: October 15, 2021, 10:05:05 AM
Like bitcoin, you can buy Ethereum anytime you want and not depend on the price. But buying Ethereum at a low price will give you benefits as when the price increase, you can sell some Ethereum and get your money back. You can also just wait for the price to break and reach the new ATH but that will need longer than selling when the price increases. So it is better to buy Ethereum right now before the price gets another rally because that will be too late to buy and the price already increases.
4969  Bitcoin / Bitcoin Discussion / Re: Putin believes Bitcoin has value on: October 15, 2021, 09:07:56 AM
Crypto and oil trade are different as oil trade can be included in the commodity and oil has a physical form while crypto does not. Sometimes, the government says different things about one thing while they can agree with it behind the scenes and not in public.

But if Russia seems to want to adopt a friendly of crypto, that will give a strong position for crypto in Russia, crypto can grow and it will reach the people. Russia could replace China's position in crypto as China is not friendly to crypto and if that can happen, we might see a change in the crypto world. Of course, that will have an impact on crypto.
4970  Economy / Trading Discussion / Re: Arbitage trading on: October 15, 2021, 08:01:41 AM
I saw an opportunity to make a profit by arbitrage trading. The price difference in some exchanges seems like it could make a profit. I'm just thinking, not sure. does it could really make any difference because if any transaction takes more time then any trader will lose the initial money.
I saw many youtube videos saying that anyone could make money from this type of trading. Need suggestions from professionals. Smiley
This could be more profitable if you have a good timing in the market and have a good capital, though its quiet more risky compare to spot trading just know how it is done properly to avoid losses. If this thing complicate your trading, better to do a spot and trade consistently. I didn’t try Arbitrage trading yet because of its risk, I just don’t have much time to spend in the market.
I will not recommend someone to do arbitrage trading before he can have skills in regular trading type because arbitrage trading can make you lose the chance to sell the coin at a high price. Even if arbitrage trading temp you about the bigger profit than the regular trading, you do not have to follow the other trader doing arbitrage trading because I am sure they have some skills that will be enough to analyze the coin movement before they do that. Regular trading will help you to gain profits and you will not be in a hurry to buy or sell the coin.
4971  Other / Beginners & Help / Re: Types of Scams in Crypto - Awareness on: October 15, 2021, 07:02:56 AM
Thank you for the scamming type that you share with us. We should stay away from that because I am sure the scammers will use the other ways and be different from what @OP describes. If you see that someone offers fast money to you, that will be a trick to scam you because there is no way to get fast money, especially if you do not. Money doubling can attract new people in crypto and will have a big expectation to make big money instantly so you must be careful and not get tempted because of that.
4972  Economy / Gambling / Re: 🔮 Futuur - Predict the Future! 🔮 on: October 15, 2021, 06:00:25 AM
I think Daniel Craig can be the next James Bond because he is familiar with the character from that image. But the other candidate will be Michael Fassbender because he is like have a secret like Daniel Craig, charm, and I see that he is a mysterious person Grin
Daniel has to retire, he can't continue for that character.
Michael Fassbender seems cool, I like his character as Magneto on X-Men.
I chose Michael Fassbender is because his face is similar to the previous actor of James Bond and I think his face is cool. His eyes have an untold story that will match with James Bond. But whoever will be chosen to be the next James Bond will become a new idol among the girls because girls want to see a sexy guy with a full of secrets behind his life.
4973  Economy / Gambling / Re: Freebitco.in stopped giving RP bonuses? on: October 15, 2021, 05:00:24 AM
I guess they changed into WHEEL OF FORTUNE BONUS in the bottom of the Reward section on your account because I tried to check it on my account, I do not see the RP bonuses as before. Besides that, they give another thing which is FUN TOKENS BONUS in the listed so you can get more FUN tokens in your account. I think that will not be a problem, but yes, getting more RP as bonuses will benefit us, but maybe that is their new policy in the Reward section to their members.
^ I have doubt that there could be a disadvantage to them if they will continue the free giving RP or it could be a conflict to the other promos that is why they decided to stop it. I think there is no reason we complain about this, we should be thankful that freebitco.in is so generous enough to give a lot of promotions. For sure there is a better bonus will offer since they stopped giving RP.
Nevertheless, instead of making another thread, probably it is a good idea if you reach them out regarding this on their ANN thread.
Maybe they want to give something different than before so they delete the free giving RP to members. As an old gambling site with a reputation, freebitco.in always trying to serve its members well so we are still staying and playing on there. Maybe later, I will check on their ANN to know what is happening on that site but I am sure everything is okay and maybe they will surprise us.
4974  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A month now since Cardano Alonzo Fork - did it meet your expectations? on: October 15, 2021, 03:01:00 AM
It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while.

The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase.

Interesting thing is, that ETH soared 7% today. Although the price has kept in a range between 3,400 and 3,600 USD for quite a time. I think Vitalik is doing some strategic price development again.  Wink
Yesterday, ETH's price reached $3,819 as the highest price and now, the price is down to $3,752 so I think ETH will have its chance to back to $3,800. While Cardano reached $2,22 yesterday and now, the price is $2,15 so Cardano can increase more. Cardano itself already reached the highest price at $3,10 and the price now is almost or going to go to $3 soon.

It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while.

The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase.
When it comes to demand then theres no denial that ETH does have really have more than compared on other blockchains or projects out there but doesnt mean that they are totally shit.

Just like on what been said by others that not all Forks would really be having significant impact or price and most likely the effects can be seen on long term.
Maybe the forks will affect in a long time and not in a short time. So the investors or traders need to have patience while preparing themselves by having many amounts of Cardano if they believe the price can increase in the future.

But it is still too soon to compare Cardano with Ethereum which already has popularity among the other altcoins. Cardano needs more time to develop their project and reaches every plan on their project.
4975  Economy / Gambling / Re: Bitcasino.io 💜 — Grand Holidays Tournament by Spinomenal 🎁 €300,000 prize pool on: October 15, 2021, 02:09:47 AM
Guys,

How many predictions have you made already?
One week to go! Have fun and show your Bitcoin knowledge Wink
I still stick to my prediction, although I do not know if that will happen to the bitcoin price or increase or decrease more. The price seems to go up and down and make us confuse about the movements and it is still unpredicted for us to know where the will bitcoin price be at the end of this month.

Whoever can win in that competition will be lucky because they can predict with right and we can only congratulate them because they are the winner. We still have more days to know what will happen to the price.
I would say that it is almost always difficult to predict what bitcoin will do, if we were capable of winning this competition and we trusted our option way too much then we would have made that much profit from trading and investment as well.

I believe just like how we have hard time with the trading and investing profits, we will probably have the same logic of difficulty in the one we are doing with this competition as well. However it is just a competition and we are not putting thousands on it to make a profit, if you are right then you are right and if you are wrong then you are wrong so there is no really big downside to not having the correct option here whereas it is bad when you do it in trading.
What you say is right. We are hard to predict the bitcoin price accurately. Maybe we can predict a range price of bitcoin but it is still not easy to determine the right bitcoin price. That is what I feel when I trade and hard to identify the lower price, making me not stop learning to trade.

Maybe participate in the competitions can give another experience to us and know the price of all participants so maybe we can learn about analyzing from them. The competition will have its winner. Even if we are not winning, we have the experience of analyzing the price movements to participate in the next competition and who knows, we can be the winner.
4976  Economy / Trading Discussion / Re: Learn more about trading on: October 15, 2021, 01:10:24 AM
there are so many things to learn but I think the most important thing is the emotional self. yes, controlling yourself not to be greedy in taking profits is the most difficult thing to deal with because if you can't control your emotions properly in trading there will be very many mistakes that will happen.
The emotional self will always be at ourselves, but if we can prevent that, we will control ourselves and profit at the right time. We need to always learn about trading because the market will constantly change and if we do not learn, we can miss the moment to make a profit. If we can master one or more indicators that will help us analyze, it will give us a chance to select the right coin to trade.
Emotional control is very difficult for me, until now I still repeat the same mistakes sometimes, so sometimes I often blame myself, but what I experienced after that was silence and clearing my mind, so after that I just went back to the market and made a note in my book that repeating the same mistakes, so that later try not to happen again
To be honest, sometimes I have difficulty controlling emotion, especially if the market moves fast. I face that in bitcoin trading, but I do not stop learning to control my emotion because that is the way for me to calm down and trade better. Making a note in a book is better to know our mistakes so we do not repeat the same mistakes. That is one of the ways that we can do to learn from our mistakes.
4977  Economy / Trading Discussion / Re: Technical aspect in trading on: October 14, 2021, 04:04:58 PM
It seems you need to know how to manage your money to be used in trading because you say you lose all of your funds in spot trading. The first thing you need to do is use some money, let say $100, to trade. From $100, you do not have to all-in and only buy at once because that will be too risky. It is better to divide your buy order into many parts but not use all of the $100. Maybe only use $50 will be enough so you still have backup funds. Just in case if the price drops deeper, you can buy back the coin.

The next thing is trying to buy when the correction comes when the red candle appears in the market but trying to buy at the next lower price and not buying instantly. If the price can increase after you buy, that will be good for you so you can sell it at once or partially. But if the price does not increase or decrease much after you buy, you can wait for a while and do not think rush because the market will move by itself.
4978  Economy / Speculation / Re: Bitcoin failed at $58,000 and dropped by more than $3K in a day. on: October 14, 2021, 03:03:17 PM
The price is up and down from $57k-$58k and that has happened many times but I am sure that the price will grow slowly and hopefully, that will be no need to wait for a long time. Maybe we will see something in the next week and if that really happens, we will be happy to see the price finally can back to $60k. We do not need to rush because we can accumulate more bitcoin at a price now, so our profit will be bigger when the price starts at the next rally.
4979  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency Investment Advice? on: October 14, 2021, 02:00:58 PM
Nothing is safe in any investment because you will face the risk, which always comes at anytime. But bitcoin will have the potential to increase so high in the future, so your friend can invest in bitcoin anytime he wants. Maybe he can divide his funds into many parts and not buy bitcoin at once to get a lower price and hold it for some time. He needs to know how long he will hold bitcoin to sell his bitcoin when the time comes.

For the altcoins, maybe I can suggest buying Matic, ADA, TRX or other low coins prices that can increase. Maybe you can help him suggest the other coins because sometimes, a friend will listen to the other friend closest to them.
4980  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba is worth the risk on: October 14, 2021, 01:02:04 PM
Spending $20-$40 to gamble with Shiba will not be a problem but you should have a big patient wait for the price to increase and reach your target price. I do not mind trying that as using $40 will be enough to hold Shiba and besides that, some personal wallets can store Shiba as well.

But buying at this time is not good as the price already increases so maybe we need to wait until the price is getting the correction. Who knows, the price can drop too deep so that will be our best time to buy in a large amount.
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