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501  Economy / Trading Discussion / Re: Which is Best Trading or Freelancing? on: April 20, 2020, 09:30:38 PM
As for me, then forex is much more profitable
But for many people here, crypto holding alone get them profits. Yes, not trading the crypto but holding crypto for years. Compared to forex, cryptos are having complete different characteristics which enables its holders to get easy profits out of no technical analysis efforts needed forever. Just buying at any time will be fine with cryptos.

Still, I guess freelancing also must be a good option for a bitcoiner after entering into this crypto world. Because, they can make easy profits from holding hence they must be having more time which could be utilized with freelancing to convert the free times into money.
502  Economy / Trading Discussion / Re: My trading strategy on: April 20, 2020, 06:58:55 PM
Bought my first bitcoins in 2018, made huge losses and now positive about learning how to trade like a pro.
1. Do not trade.
2. Please listen to this community.
3. Keep holding your bitcoins until 2022 at least. If you wish you may hold until 2030 too and I bet that you will be in profit from end of this year onward.

If you wish to learn trading, you may go for it but definitely not for the sake of your bought bitcoins. Learn trading and practice more with demo money and then you may decide to trade some small portion of your first bitcoins.

where to start with Indicators?
You may start with youtube tutorials. Learn and practice because just learning will not turn you like a pro.
503  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Big money moving in next year, means greater demand for DEX projects? on: April 20, 2020, 05:41:44 PM
It sounds reasonable, but we're still not sure if prices will rise. You look at the typical example of Litecoin. The halving happened but its price was lower than before the halving event.
One of the top coins that has crashed means people no longer believe in deflation. I suspect that bitcoin will not sharply increase prices in 2021.
But I do not get OP. He is right about up to the part of predicting big inflow of money into crypto space due to upcoming bitcoin halving but not sure how it will impact dex projects. I mean huge inflow of money will directly impact bitcoins markets and many other altcoins markets and may be some promising altcoins which does not mean dex will be having great future. If anything like that happens, just could be a side consequences of bullish trend of crypos. We cannot be sure about side consequences.

But, due to corona pandemic, we are into slow growth phase of crypto space and we cannot predict how long this slow growth may last. But, we can be sure bitcoin to boom around its halving which may end up growth of all the altcoins as well. Let's wait and watch patiently Cool.
504  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance Finalizing Deal to Purchase CoinMarketCap! Can CMC Stay Neutral? on: April 20, 2020, 04:43:45 PM
I have stopped using coinmarketcap some long time back itself when I came to know about their manipulations. Still, not sure why binance is trying to acquire them instead of creating their own listing/ranking services. Because, like coinmarketcap there are multiple sites with listing features hence coinmarketcap may not be a successful business model no more as many people like me had decided not to touch them anymore.

So far, binance is maintaining their reputation across internet and in crypto space which means we can expect coinmarketcap services to be neutral in coming years too.
505  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC bottom is yet to come??? on: April 20, 2020, 03:48:33 PM
Guys, how many of you feel Bitcoin will test another bottom before the halvening event HuhHuh  I have a feeling it is still a bull trap and price drop will be coming soon to somewhere between 3k-4K range again  Grin
I don't think anymore bearish markets for bitcoins. The last year's bitcoin bottom price was around $3800 levels and this year's could be around $5500 levels hence we cannot expect bitcoin to test prices again below $6000 levels anymore. Because, we are having scheduled halving of bitcoins to happen in less then two months from here so we can expect obvious bullish markets in coming weeks or at least stable market because new people entering and people who are selling may deal in equal amounts.

Also, the current worldwide recession due to corona outbreak, may lead to big investment turning into crypto space because people must be looking for safer investments as their traditional investment opportunities are not performing well on this slow economic conditions. So, I do not think bitcoin may experience another bearish trend here after.
506  Economy / Economics / Re: China will rule world as economy king after crisis end? on: April 20, 2020, 03:17:59 PM
I agree wholeheartedly, we are talking about a country that literally jails people and harvest their organs, I am sorry but there is no way that they allow an information like this to go public neither.

If there was layoffs which I think there was, we wouldn't know about it, this is China and they had a lot more deaths than they said they had yet we do not know about it because they do not tell about it. People actually blame china for this virus because they didn't get proper defenses for it neither, they just let it be, so there is no way something that came out of china to ruin the world this much but didn't hurt china at all, it started there so it means they must be hurt even more than any other place on earth, but somehow they have no economical problems and less death than 5 other countries? I don't believe it.
507  Economy / Economics / Re: Nobel Laureate asked India to print more money and not to worry about inflation on: April 19, 2020, 06:46:09 PM
There is not enough money in the world to help out the poor if you never did that before to begin with. Would Sweden be capable of helping out everyone including companies and every single person during this time of need?

Well, of course they would be capable of doing that, however they were always a social democracy to begin with and they are quite happy to be like that and they are getting help, now they need bigger but they at least had a base to start working with.

Other nations including India and even the bigger ones like usa or uk do not have that because they are full of politicians who are only thinking with their pockets and not their hearts, so to begin now would be way too late and wouldn't be possible because they spent all the taxes on useless stuff to get more money into their pockets to begin with. Hence why printing money is the solution. Also do not consider all money printing with Zimbabwe, USA has been creating more money out of thin air all the time and nothing really happened to them all that bad.
508  Economy / Gambling discussion / Re: Is Betting Double After Losing is Really a Good Decision? on: April 19, 2020, 03:44:56 PM
In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.
It can be a good decision or not as it is purely based on your luck factor. I have seen people who are complaining about why we do not go for doubling the base bet even when we are hitting profits. It means they are complaining like we are missing out good chances when luck is in our favor but we are trying to maximize our chances of being lucky when we are making losses. But unfortunately this is how martingale strategies is working and we should stick with its terms what exactly it is emphasizing.

Basically, martingale strategy is all about recovering our losses which will be possible only when we double the betting. So, if you hit profits then you must move on to test your luck again. If you  hit losses then you should work on recovering your losses. So, it makes sense to double the betting after losses and sticking with same bet after profits.
509  Economy / Gambling discussion / Re: Best time to begin your gambling affiliate journey. on: April 19, 2020, 03:14:08 PM
Most people who are successful in affiliate marketing don't go door to door offering their referral links.

Instead, they set up referral pipelines and affiliate marketing funnels. They makes use of Google adwords, SEO and other marketing tactics to drive traffic to their own platforms, where they then convert readers into affiliates.

You really need to have quite a substantial network to be hugely successful in affiliate marketing, but even normal guys can grab a few referrals here and there with little effort. You never know, you might get lucky and get a mega-whale register under your link Cheesy
This is honestly motivating. It would be the dream of every affiliate marketer to gets such mega whale to be registered under them. But in my experience, affiliate programs are suitable only for the people from third tier countries and when they are able to get a referral from tier one country, it would be more beneficial. It is suitable for all tiers of country people only when they are ready to accept a slow still auto pilot earning stream.

Some two or three years back, I have seen people used this forum for finding their referrals by offering some percentage of their affiliate income as ref.back. But after bitcoin prices reaching 5 digit prices, people might have stopped showing interest on affiliate things, it seems.
510  Economy / Gambling discussion / Re: Why we are not having more sites like freebitco.in[unique cases of freebitco.in] on: April 19, 2020, 02:42:34 PM
Freebitco.in have earned lots of bitcoin before when the price of bitcoin is very low so when compared to current price
This could be just an assumption as we do not have any proof for confirming that they have made lots of bitcoins earlier. Also, freebitco.in has come into business after bitcoin reached $1200 or the average prices of bitcoins when they become famous might be around $800 which may look like small (compared to current prices) but definitely not in the times of 2014/2015.

Didn't you know that in the early years of freebitco.in, there are clickbait advertisements there too?
Is it? It is a news to me as well. I need to check on the time lines of archive.is if available. If they remained as only faucet site then they might have been showing clickbait ads till today Wink.
511  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 INVESTING BTC, LTC and DOGE is OPEN NOW on: April 18, 2020, 07:27:19 PM
I doubt that investors would really care about it when considering almost all of the investors who divest their investment and take it out literally take it out, and not to withdraw it complete. What could happen is, you could allow people to invest and divest just parts of their money, which means if a person has 1 bitcoin investment, they could divest only half of it if they want and not withdraw it completely and reinvest the half, that is the smart way to do it and probably many prefer that method anyway.

However if you want to invest even more you should be able to invest into on top of the current one as well, that is the right way to do as well. Hell I think you should also be capable of exchanging the currency you are investing as well, so lets say you have 1 btc invested but want to move to ETH, you should be able to do it without paying any fee at all.
512  Economy / Gambling / Re: bustabit – The original crash game on: April 18, 2020, 06:51:58 PM
It display week stats not days and you can check in the past months since it is posted.
Oh I didn't realize it was weekly, I assumed it was daily and I made my remarks according to that, now that I am looking at it, its really weekly and dates are weekly as well, that means a lot of changes. Well honestly looking at the weekly ones right now, I can say there was an increasing number even before the pandemic started, from under 2k to over 3k took before the pandemic (maybe it started in some nations but wasn't all around just yet) and it continued that way, hell even during early march it dropped to 2.6k sign ups which shows pandemic may not really be the reason why the numbers went up.

I would say if we take a look at the next 2-3 months and then we take a look at after 6 months to a year, we will see that number probably will continue to go up even after pandemic "ends".
Oh come on, we can't say irrelevant neither can we? I mean sure we can't have a concrete conclusion; we can't just say it is because of corona that there is an increase, but we also can't say that it is not because of it neither.

I know this is a weird data but the only logical way of actually finding out if more people comes because of corona or if this was a natural number of increases on bustabits side is to actually ask people one by one and see if they came in because they are in lockdown or some other reason, since we can't really go around asking 3000+ people every week the reason why they came in, that means we can never really know what the reasoning is. Don't get me wrong, I am not saying you are mistaken, I am just saying we will not know the answer to this.
513  Economy / Trading Discussion / Re: Safety first before trading on: April 18, 2020, 04:57:28 PM
Are we going to focus on safety of our assets at the hands of someone else, or are we talking about safety in trading. Because, they are very totally different two things.

One of them requires you to find a place that is great at security and have awesome prevention systems and barely can ever get hacked but even if that happens somehow manage to bounce back, I always give binance as an example because they have over a billion dollars on their system and that means there must be thousands of people trying to get a piece and as far as I remember they were only hacked just once and managed to return from that.

But, safety during trading could have a million different ways and stop loss is just only one part of it, that topic is a long list of things that you should do.
514  Economy / Trading Discussion / Re: What's your trading strategy? on: April 18, 2020, 03:51:52 PM
Holding is my successful trading strategy so far in this crypto space. I have tried daytrading and scalping but both were not profitable even I have subscribed to some paid signal services (by not having confident on my own research and analysis). Simply focusing on bitcoin and few other highly reputed altcoins and holding them for months to years, you can beat all the required knowledge and experience for making profits in trading.

Yes, you do not need any strategy like big knowledge and experience for making profits in this crypto space when you are opting for holding for years but only with highly reputed assets (means not with random coins)
515  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your opinion on stable coins? on: April 18, 2020, 02:39:31 PM
In my opinion stable coins are bad to invest.

But facebook will change their decision regarding the libra stable coin or the libra coin will also like another tether.
Yes, stablecoins are not for investment purposes because they will not grow in its value and always its value is fixed. But, you can use stable coin for locking your profit while trading. It means you can go for shorting even in spot market with the help of stable coins. Stable coins are just the derivative and crypto format of fiats. So, you can use them wherever you have been using fiats so far. Are you using your fiats for investment like by holding the fiats?

Coming back to the facebook's libra, we cannot predict what are the decisions their management will be taking. So, libra may remain as stable coin or may have variable value; we cannot say anything now itself.
516  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next movement in the market on: April 18, 2020, 02:05:58 PM
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
You sound like you are completely wrong with your speculation. Crypto markets just had some extra fluctuations due to corona virus but it seems it had recovered from that panic right now. Bitcoin must be the central point of entire crypto space which means we can really analyse where that the total crypto space is heading just by simply analyzing bitcoin markets.

If you consider the recent market movements happened in bitcoin market, then you can be confident about strong bullish market in coming days. One supporting reason for bitcoin to remain bullish must be its upcoming halving. It seems all the panic and the chaos due to corona outbreak have been settled down slowly so markets may start getting back to its tracks at any time.
517  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from centralized wallets on: April 17, 2020, 07:51:34 PM
It is not all of them that are really bad, there are still the good ones I guess. You should have explained the problem you had with Coinbase in details ,that way we can all be able to tell if the fault was from you or they were just being very stupid and not helping you recover the account. But, I have been making use of a Coinbase wallet since 2015 and I have never had a single issue with them. I have changed phones several times from then till now and still never had any problem.

Xapo is one of the wallets I use too, I also have not had any problem except that the price they show on their wallet is always wrong, or maybe they are doing it on purpose ; their price is always a bit higher than the market price.
518  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins Need a Catalyst to push up prices on: April 17, 2020, 07:13:00 PM
A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.

I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future.
Thats why it is important to check the development programs of most altcoins before investment.

If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?

This is what i feel about the present poor prices of most altcoins,
What do you think ?
Yup, a lot of Altcoins have been failing right from time. But, you should also ask yourself what are the reasons why altcoins are failing? First of all is the motive behind all these things - it seems like most people that come here don't even care about the projects, they are only interested in the quick and easy they are able to make from it and that's all that matters.

None of them is ready to hold their investment there for long, once the price starts going up and they are making profit, then they start selling immediately and dumping the market. Before you know what's happening, the market has crashed and the team can't run it any longer, they have no other option than to quit. Another reason why these things happen is because there are no efforts being put in to ensure that they grow.
519  Economy / Speculation / Re: My first experience of Bitcoin halving, I'm excited. on: April 16, 2020, 06:39:45 PM
As long as we do not go up, I will be happy. Think about it, there are SOOO many people who have been waiting for the bitcoin halving but they are all buying right now or they have already bought so far, which means buyers are all done, so how do you think bitcoin price will go up after the halving? If all buyers bought before the halving date, who will buy to increase the price?

Bitcoin price only goes up when someone buys it, buyers have to be around and buy as much as they can in order for bitcoin price to go up, if they all done it before the halving how could price go up after halving? I am assuming buyers will all wait for it to go up, and when they see that nobody buys, they will start to sell. Which is why I would be happy if it doesn't go down, let alone go up.
520  Economy / Speculation / Re: COVID-19 Increased Bitcoin Adoption on: April 16, 2020, 05:30:48 PM
In my country the ecommerce website that gives the software to almost all ecommerce websites (kind of like woocommerce for wordpress as the biggest example) is showing what is bought and where right now. It doesn't show who buys it so it is keeping that information secret (which I think is not enough) but we get to see which city the purchase was from and what they did bought.

Right now that could very well be used as a data collection point and companies could take a look at which city buys what the most and they could basically use that for advertisement, you can limit your marketing to a city and you could have some sort of big umbrella selling website where you can direct specific city.

Unfortunately it doesn't show any bitcoins because that is not ecommerce but if we had that, it would have been freaking awesome as well.
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