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501  Economy / Trading Discussion / Re: Why newbies lose huge money in trading on: August 08, 2021, 01:46:40 PM
Op it’s simple as that to think.
The word Newbie itself defines that they are new to trading.
And not only trading in any field if someone joins new then they are prone to make mistakes only.
The basic reason for which they lose money is lack of experience.
Instead what they can do is start with small capital and understand the market first.
Blaming and considering a terrible loss that comes from inexperience is merely an act without a sense of responsibility and navigating behavior of public opinion, your gentle justifications are just explanations meant to help newbie behavior, this is obviously a huge mistake and it can't be excused from inexperience to erase the mistake. Too many newbies have the behavior to go straight into trading with large amounts of money with the simplest calculations, a few pages of technical knowledge as well as reports have never read, too fond of showing innocence and arrogance
502  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin vs binance Coin on: August 07, 2021, 05:39:36 PM
There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Binance Coin is very difficult for other coins to overtake at the moment, including Litecoin. I see the movement activity of Binance Coin is very good. Currently I also see almost all projects using the binance smart chain blockchain.
Talking about Litecoin I think it's really difficult to overtake Binance Coin,
I don't see it happening in the near future so here Binance Coin is certainly still ahead,
apart from that they are both potential coins and I'm sure they will continue to grow
My opinion is quite opposite to yours when they don't have an absolute domination nor a metric that can cause imbalance, theory of technology and advancement are just features that will appear in the distant future and are introduced through our mouths right now, litecoin still has a few short periods of time to spark temporary revolts by an old leader. The force overview in the long run cannot be equal to the team of binance coin, it is a fact and can only be stubborn in the short term, give a voice to sovereignty as well as position
503  Alternate cryptocurrencies / Altcoin Discussion / Re: It is not easy to make money in cryptocurrency on: August 07, 2021, 05:23:48 PM
Money  making in cryptocurrency is so easy . i passes through real world services and work where work is hard and payments is very low. In the field of cryptocurrency like airdrop and bounty you can make Very good income here just for following and promoting social services.
I recieved much airdrops and bounty payment almost 13000+$ for free.
I was just wondering about the projects you have participated in and the most recent time you received money from airdrops and bounty, if it is only recent, I just appreciate the luck and part of your research but if the last payment was a long time ago, it proves that the golden period of the airdrop and bounty is over, airdrop and bounty machines are no longer available. Hard to believe about your case while recent participants' sharing is just sarcasm and defamation of projects, harder than real life even with knowledge
504  Bitcoin / Bitcoin Discussion / Re: Saudi Aramco, world’s 3rd largest company, plans to start mining Bitcoin? on: August 07, 2021, 05:07:16 PM
we have been confused by the discourse of several companies wanting to adopt bitcoin, because this is not the first time we have heard that they will adopt bitcoin, if it is only a discourse we can say this is just an.opinion, and we can only hope that today it is not only limited to about what the big company wants to do, we can only hope that this can be a real certainty.but open again to a discourse
You should look at the title and description of the activity this company, this company with the name Aramco is not aiming for adoption, their plan was to build a mining system and become a bitcoin mine but some small wind said that Aramco confirmed to be a fabrication and I'm pretty confident again this is a hate joke by the media because just estimating how much bitcoin has been mined as well as the huge bitcoin mining businesses. Their mining has been decimated by relative scarcity, and new businesses that want to enter here need a long and very risky time before the return of capital.
505  Economy / Economics / Re: In COVID-19 everyone needs motivation on: August 07, 2021, 04:53:45 PM
I think this is every worst situation for all, especially those who are suffering from the pandemic, so we have one option that is to find a way to turn it into positive.
 Many died as well, lost our jobs, our businesses and everything, so we really couldn't say it's a blessing. But in this condition, we should just look forward and think about of next-generation future. otherwise, our upcoming generation will also suffer as now we are facing
It is true that it is the future generations that are most at risk. Especially when it comes to education in my country, which is very bad. An unmeasured or less effective online education is implemented in my country. So that this educational setback must always be considered. Especially for parents. If there is no supervision by parents this is very ironic.
The real transmission of knowledge online faces many quality problems as well as a lack of hard work from students as well as teachers, besides, I feel this is just a presentation between a listener and a speaker, with no specific interaction, teachers cannot fully manage the online system and the delivery of the tests is very low, sometimes the finalization becomes more delayed than ever. Asking parents to supervise is also relatively difficult when they still have work at home, they are still worried about life, Covid has opened a huge hole for education
506  Economy / Gambling discussion / Re: Gambling Exposed to children on: August 07, 2021, 04:35:32 PM
If you have kids that are on 10 to 16 years brackets you should watch what they are watching and what they are following and bookmarking, there are so many streamers and YouTubers promoting gambling sites and they are keywords away and many of them are even recommended by Youtube as relevant contents or videos, you should educate your children on what to watch and who they follow.

These days its difficult to control the kids and children because everything is available on mobile and its hard to track all the time the activity of the children.
If you want that you want children to remain away from gambling, you should sd counselling with them and tell the pros and cons of gambling. This will help them decide better.
Children are not experienced enough to understand exactly how risky gambling is and what we teach them, it cannot indirectly give them a better decision, it only directly supports their curiosity, such advice is not a conversation, it's just stimulating the kids' brains, helping them to search more about gambling. Why do we always try to force children to participate in phone viewing when other fun activities are still useful to them, friends are also a good thing, a psychological parent is not a rigid and forbidding parent
507  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP is Back on: August 06, 2021, 03:58:55 PM
I always believe privacy coins will have bright future. So XRP will definitely grow again, together with other coins which help reserve human privacy.
Only coins with use case could prove themselves in the long run and therefore they're worth investing.
XRP already has a very clear and useful product that they can carry out the concept very well in the cryptocurrency space, so obviously no doubt about it, but I prefer to invest in the short term only in XRP coin.
Short term with Ripple there are very few opportunities as they are invented to make the exchange more convenient, mainly serve banks with their technology and the bank's criteria are low prices and low volatility because of defining such a field, Ripple can only maintain a stiff face for a while, people are also conscious of how their prices work. So if they become an option, the long run will allow some random pump to come, more precisely, the market needs to force Ripple to be stronger but the SEC is still the seal to enable Ripple right now.
508  Bitcoin / Bitcoin Discussion / Re: Buy Low, Sell High on: August 06, 2021, 03:41:04 PM
I think there are still a lot of people who are hesitant to buy bitcoin when the price is low because the price doesn't tend to go up for a short time so they prefer to buy it when the price is high and it has the possibility of price strengthening again in a relatively short time short, maybe we do this very often to process bitcoin buying and selling transactions on the global stock market
This seemingly calculated behavior is actually just a bad habit of many people because once the candle has started to burn, we can't tell how high or how long it will go out, especially when an uptrend starts, it can fake up then collapse, becoming high price investors maybe this trend will maintain in the short term but in fact, we have no definite measure. The option to buy at a time of decline that many people always hesitate to clearly become safer, they have no volatility and are falling while we know the project will return, if you can stop such a trend, why not join?
509  Economy / Economics / Re: The Role of Government in Crypto on: August 06, 2021, 02:59:16 PM
the primary role of government is to provide a regulatory framework in an economy, Government sole responsibility is to provide a guideline on how thing are to be done within their jurisdictions.

this is not different with cryptocurrency although cryptocurrency is created with high anonymous the truth remains that cryptocurrency co-exist with other factors in the economy such as the bank and the traditional currencies, for crypto to become a full flesh currency it need to under go government regulation because that is the only way cryptocurrency will be considered a legal currency.

questions:

will government regulations on cryptocurrencies undermined crypto decentralized nature?

To answer frankly, yes, the government regulations on crypto exhibits a large possibility of subverting the decentralized nature of cryptocurrencies. If the government will be able to set policies that state the do's and don'ts on the users' funds, it will seem to be defeating the purpose of crypto originally. Government really plays a great role in crypto most especially in the legality part of cryptocurrency in a specific country. If the government is close-minded and isn't open to exploring and discovering new things that could benefit their constituents, there is a high tendency of making anything related to crypto illegal. On the other hand, if the government is open to wider possibilities and isn't traditional like the usual politicians, then it will be a great thing for the citizens because they can move freely without the fear of being reprimanded by the law whenever they are using cryptocurrencies on their transactions and investments.
Government is the convergence of the quintessence of regulation as well as the protection of common rules, they feel they are the key players and they need to hold the key to influence, with the request to get into crypto, they are definitely headed for the important position and decentralization here has almost halved, transferring ownership to the government. The government is only open to economic interests and crypto is possible for that but their regulatory perfection becomes too mechanical and causes little volatility
510  Economy / Trading Discussion / Re: Is margin trading good for beginners ? on: August 06, 2021, 02:42:22 PM
No, a beginner should stay away in margin trading since if they don't understand it well their money will be at risk. Newbie traders should stay on spot trading practice their strategy, observe in the market and gain knowledge from it and maybe after they understand how technical analysis works they can then proceed to margin trading. That's only my own opinion about it.
Thanks for your input but I feel newbies will sincerely reject such suggestions when margin trading is a magic in many seasons of the market, the average person can raise their capital many times over with margin and they start to inspire many new people, a harmful advertising for users, curiosity is a knife to all newbies but the warning is more of a condition to encourage them more. Margin is not good for both newbies and members here and outside this market, market sublimation and evaporation can do magic tricks and make thousands of accounts disappear
511  Economy / Gambling discussion / Re: Man lost £20,000 in one night after becoming addicted to online gambling! on: August 06, 2021, 02:26:36 PM
One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.
For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.
but he regrets this the rest of his life , meaning he is also a small time gambler who only tries his chance of a lifetime but failed . maybe this will be remembered all the moment of his precious life how he managed to lose a amount in which can change his life for goodness if chooses the right decision.


Agree, maybe from the perspective of outsiders like us and reading information from different countries, this amount can be a very large number but let's take the stance of one person going to work in high-income developed countries, the money this man is losing can only be a few years of savings and he will never forgive himself and never gamble again. Such a lesson will help a man grow up and know how to work hard to earn money, the fact that he loses so little and stays so long gambling, sometimes it will be worse than the money he is losing right now
512  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH to $10K? on: August 05, 2021, 02:59:21 PM
the price of ethereum I don't think it can be that expensive because ethereum has too much supply so if going to the price of $ 10k requires a lot of investors and a lot of money to enter so it looks difficult to do, at least ethereum has to reduce supply to make the price as expensive that. but if that happens then it is certain that those who hold ethereum in large quantities will benefit, just like what happened to the price movement of doge which suddenly became expensive.
I think their supply is too much has been a calculation in the whole Ethereum creator plan, they don't give an exact number for more ethereum clones, more precisely, more supply and still increasing value would represent a huge amount of capital being stored and not yet released to the market, and the next step could be as you say, reduce this supply with an event or a test run of a new feature then announce a fixed supply. Combining all those conditions, the value of ethereum will pass through the filter, combining into an extremely powerful and extremely expensive value.
513  Bitcoin / Bitcoin Discussion / Re: Google starts accepting Bitcoin ads on: August 05, 2021, 02:41:39 PM
Google advertises as the best platform to effectively bring Bitcoin and crypto to people all over the world. It is a good signal for the crypto space to increase the number of users as well as more money inflow. We are facing a great opportunity for a strong price increase in the future.
The effect is only one tenth of the original because in recent years, other social networking platforms have had an advantage in advertising and saved a lot of costs while in those years, Google completely banned advertising about bitcoin and unfortunately, Google has returned to bitcoin advertising at a time when awareness of it was already very high among the general public. There really isn't a strong chance and it could be another risk, look at the Amazon examples to understand that risk.
514  Alternate cryptocurrencies / Altcoin Discussion / Re: What happen if US ban cryptocurrencies? on: August 05, 2021, 02:25:47 PM
Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.

I don't think it will be much of a problem with the prohibition of crypto by the United States, some time ago there were also many countries that banned the circulation of digital currencies such as China, but it didn't cause a significant problem in my opinion. Digital currency will be increasingly in demand by many entrepreneurs and rich people in this world so that digital currency will grow better
There will be more problems than you think when the US is considered as a great place to live with high paying jobs as well as quite attractive benefits, the reduction of crypto workforce here will reflect the perception of the US as well as reduce the number of investors, China has also kicked out all crypto and mining factories in their country, the US is the destination but if they continue to be rejected, not having a stable place to live will be a huge loss to the strength of crypto when the role of miners is quite large
515  Economy / Economics / Re: Which area will develop after the epidemic? on: August 05, 2021, 02:09:33 PM
The Asia region in general and Southeast Asia are really developing strongly when they are rapidly digitalizing and applying many scientific achievements to social and economic management. They have abundant, young, eager to learn and well-trained human resources. Universities of East Asian and Southeast Asian countries are rising up the education quality rankings. Another thing is that cheap labor for high-tech industries in Asia attracts investors from the US, Europe and Japan to invest.
On the other hand, Southeast Asia has a large market share, because it has a large population as well. On the other hand, Southeast Asian countries are starting to take off from developing countries to developed countries. so there is a lot of development in this country area.
Under normal circumstances, the economy in Southeast Asia will grow extremely strongly when they are making efforts to go up as well as strong cooperation in many major fields but the pandemic is draining the region's development factors such as people, resources and economy, graves are overflowing every day, airports and shipping areas are still filled with products that cannot be exported. Rising up in such circumstances can only be called a miracle and we know that miracles are rare in life.
516  Economy / Trading Discussion / Re: Trader took his own life after the recent huge dump on: August 05, 2021, 01:55:19 PM
It's a really sad story, taking such a step can't be anything bigger than your own life. If you want to survive in life not just for business you have to face many problems so don't give up the crypto market means its rise and fall it has huge dumps as well as pumps for this you need to have a positive idea about the market and control your emotions. Success is not achieved unless you can control your emotions and learn to deal with risk therefore, without sacrificing one's life one should try to recover the loss then business will become easier and market analysis will be easier.
Once decided to exist in this life, a peaceful day for each of us is really very little, that means every day for us is different happy and sad music, what we need to do is listen to every melody and emotion but don't put our soul in it because it's all just a page in our lives, holding our selves to a page will make us no longer see the future. Trader's life is also extremely long pages of history, losers cannot write their bios while survivors are winners, they can write biographies of life and they know mistakes and know the future and appreciate life and opportunities
517  Alternate cryptocurrencies / Altcoin Discussion / Re: How to understand that you are making a mistake? on: August 04, 2021, 02:50:26 PM
I once made a mistake, when I knew that it was wrong, then I immediately stopped. But the error that had happened to me was not a big mistake that could be detrimental.
That happened in 2019.
It's embarrassing to face a member like you when the mistake that you solved once and for all, that's what it took me so many times to get over and erase and I don't even know how to stop and create deeper ruin on my account because you also know that our basic fear is to lose money, embrace a little hope from the market and then pass up the only stop-loss opportunities. Once the problem was understood by my brain it was time for bankruptcy and another difficult period began.
518  Economy / Economics / Re: Only young and naive guy believe in high risk high return on: August 04, 2021, 02:32:31 PM
My personal experience tells me that every time I say high-risk and high-return, I always remember the high-return but always forget the three words high-risk habitually.

In fact, people will know that when investing has a high profit, it is automatically a high risk, many say bitcoin/crypto is gambling but I don't think so because there are many factors that make us believe this is not gambling.
This fact is somewhat too general and sometimes misinterprets some points, it is generally more accurate to risk based on the investor's economic background, a person with good economics won't worry about losing a few thousand dollars while a person with poor economics will be the opposite. It's just one of a few small factors, but it can be said that believing in that rule is an incomplete experience, however, we cannot attribute all of that deficiency to young men, age does not define a person's experience
519  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: August 04, 2021, 02:16:45 PM
It really depends on your own instincts. If you feel that you wanna hold or sell it, no one is going to stop or interfere with you. No matter what advice you will get, it’s always you who will be making the decision whether to sell or hold your Bitcoins.
Simply put, problem solving is a version of personal and private but this intentional question of theirs is just to bolster their little beliefs because I know society is hiding a lot of people with some question and choice troubles, sometimes it's their pickiness or it's also a congenital disease, their childhood environment is always chosen by their family and they do not have independence, which makes them mentally flawed and self-confident. After all the opinions and what has been written, you and many others have probably helped them define their point of view and confidence.
520  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will ETH Hit $6K this week? on: August 04, 2021, 02:02:07 PM
This could happen because for now the price increase is happening and reaching $6k is not impossible because ethreum is one of the coins that is always relied on by many investors so predicting the coin has become a routine in making trades, achievements in one $6k week is tough with the current state of the market, but anything can happen if some positive news spreads over the next few days.
Friend, altcoins are not showing crowd strength, although we are still seeing the bull season happening but altcoins are the focal point for training from investors, old altcoins like ethereum have little room to show off their skills, they are just being cocky and arrogant to investors, the goal that used to be in the hands of ethereum is starting to become more distant, maybe one week in the future, 6k$ will be a reality but right now, I don't dare to think of such a goal when everything is still slowly being refreshed
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