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501  Economy / Economics / Re: Wise thing to do with your savings. on: June 20, 2018, 06:50:55 AM
when you have saved a reasonable amount of money, the wise thing to do is to invest such money in any business that brings daily or regular returns. even if there is an emergency you can take care of it without any stress.
That is a lovely suggestion and I love it because the asset gives you a constant supply of money or income once you invest in it. Besides, the risk factor is  a bit low in the traditional investment like investing in a shop or buying and selling cars.

This helps you escape the daily panic when you are in the crypto market instead. The issue is normally faced by the daily traders and the long term holders enjoy till the end.
502  Economy / Exchanges / Re: what is the best exchange in 2018 on: June 20, 2018, 06:20:55 AM
Binance has more volume for trading. You will find good push in the coins when the TA and fundamental are good.
yeah, and the basic reason why binance volume keeps growing is as a result of the fee as it makes it very easy for day traders to do their thing without having to pay some exorbitant fee in the process.

Binance really used that to get a lot of volume on their site which sky-rocketed the growth within a very short period and made it the exchange topping the list. I have also come to love binance a lot anyway and it makes a lot of sense for me as the platform also comes with great features to trade.
503  Economy / Trading Discussion / Re: before or after new year on: June 20, 2018, 05:47:30 AM
The price of the bitcoin and litecoin is very good right now and I think after few months or few years it will become very high the price. It depends to you what coin you invest is either litecoin or bitcoin.
Few months, few years, nothing is totally certain. Sure, optimism is a good thing and I am sure one of those who are long term optimistic when it comes to this market as a whole.

I am not concentrating so much on this year though, but if anything happens in terms of a huge increase, that is good and fine otherwise, I am looking more at next year as well as 2020 for something pretty huge than now. Let's just get to see things developing well, some sanity for the mean time and then see where the future leads us.
504  Economy / Economics / Re: Reason we pay taxes and why we should on: June 20, 2018, 05:13:31 AM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
The real truth is whether we pay tax or not, they government can still be able to achieve all those things. They can pay workers on their own, build roads, public schools and a lot more of them on their won. There are lots of others business that can bring money into the country and that’s by selling the country’s mineral resources just like oil, gold, diamond, silver and the rest of them.

Most of these politicians are criminals, they don’t nothing with the money they are given, rather they find a way to embezzle it. The reason why most countries are not succeeding is because of what politicians are doing.
505  Economy / Speculation / Re: Bitcoin breaking $20,000 again? on: June 19, 2018, 06:57:46 AM
This year, the price of BTC will not grow very much.  I think this year the maximum price will be about 12000 $.  But next year can be a good and stable growth.
The current market is following a little constant increase in value but we have seen this constant in 7k and 8k value last month and this time we can not say that it will continue. However, if it continues to grow constantly like it is going these days then it will be positive news for the market users and soon we will be standing in a high market of our desired market for which we desire in order to make profit.
506  Economy / Economics / Re: Binance about to offer Fiat-Crypto Trading. on: June 19, 2018, 06:21:27 AM
Sounds really good to me unless they ask (like most fiat-cryptocurrency exchanges do) for identity verification and stuff liek that,it would be really unfortunate especially that Binance is a very good exchange in my eyes compared to others.Or it would be great to make it just an option to trade fiat-crypto and only those who want this option get their identity verified and others don't get affected.
I do not see anything unfortunate and I do not know why a lot of people see that as an issue. KYC is something that comes with regulation and development, and with the way things are going, I expected by now that a lot of people should have started getting used to that idea rather than trying to dash it away or something.

This is a great option for the space and I believe it would keep ushering in growth as we see more developments like this. Binance is really doing great to remain on that top spot.
507  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: June 19, 2018, 05:45:24 AM
not completely, we need math to accelerate us in counting. for victory, luck is the most decisive.
Gambling is purely luck dependent thing and saying this that math can help in winning the gambling game would be an insane thing for me because math is not related with gambling. One thing where math is helpful for the gamblers is to maintain their record that how much he lost or won in gambling is that in future if he wants to leave the gambling, he can easily do it.
Yeah, pure luck and nothing else. A lot of people always get themselves deceived by the mentality that if they have an edge in a particular thing by making use of math or some strategy they will be able to win a lot from gambling. If that is the case, then all the best mathematicians all over the world should have sent the casinos packing all these while. Everything is all about luck and i do not see anyway math can help a living soul to win in gambling.
508  Economy / Economics / Re: How to calculate profit on: June 19, 2018, 05:11:03 AM
It's very easy to calculate the profit in the price of bitcoin and other cryptocurrency.You have a habit of making a note.I had separate spreadsheet to make a not of brought price .I use to buy at different stages, to avoid loss .I use  to made this.Honestly, it made me to get more profit.
What is even there in calculating profit in the first place? I do not even know if some people simply skipped basic mathematics class or something. As long as you invest a certain amount and you get a certain amount back for it, all you have to do is to calculate the difference and that simply gives you your profit or loss as the case may be.

You buy for $100; sell at $200 that is a $100 profit, if you sell for $50 that is a $50 loss. What is so hard there for anyone to even calculate at all when my 5 year old son can easily do that?
509  Economy / Trading Discussion / Re: Do you think its the right time to sell Bitcoin ? on: June 18, 2018, 08:06:12 AM
Yes it is right time to buy some altcoins because all altcoins prices are dumping and dumping. All altcoins prices passes through a red signal. So i decide to buy some altcoins instead of selling.
Yeah if been a while in trading this is the the best moments to buy cheaper altcoins while the price are red because you will able to take it as an opportunity that would never come again this year.
Not at all. You should not sell the coin and should rather hold it for some time because the current market condition is not much good and you might not be able to earn the money you were here for so better hold and not sell. We are approaching to December that is the end of the year and the prices will be high according to the prediction of the experts so you should sell at that time.
510  Economy / Trading Discussion / Re: Why are people afraid to invest in cryptocurrency? on: June 18, 2018, 07:28:48 AM
In my opinion, because they don't know if they earn profit or their money will lose, that they see the price sometimes its low or high. The other reason is don't trust on bitcoin, yet even if the price is not steady they will try to invest first so that they can realize that they should not be afraid to invest in cryptocurrency.
In other words they are uncertain about the future of their investment and are that is the reason they are afraid to invest in the crypto. In my opinion, this is the lack of technological knowledge and the lack of market information. This thing really keeps them isolated.

Some people call the technology scam when the loose in the start. Some countries simply have banned it so there are a lot of reasons why are people afraid to invest in crypto.
511  Economy / Gambling discussion / Re: how long you can stay without gambling? on: June 18, 2018, 06:54:46 AM
I was addicted to gambling for some long time but after some big shocks and have serious troubles around me now surely I can say I can live without this because its never been good experience for me this give me biggest setbacks and many failures hopefully this is end chapter for me in next all way

Well we always stick to what we enjoy even if it's not productive until it burns us. Good for you that you manage to turn around after getting shocked. Some addicted gamblers are so deep in their addiction that they can't do it by themselves.
That is really amazing. Believe me you have done something extra ordinary that not everyone can do. Every gambler, at some stage of his life, will come to know that this gambling was the hardest part of his life and the biggest mistake as well.

I am happy for you that you have found it so earlier and now you are living without it. Hope your life is a prosperous one and good luck for the future endeavors.
Obviously, there is no way that at a point in time, every gambler will not know that their gambling activity is getting out of hand. However, most of the time, there is just usually that thing that speaks to you like, just one more time and you can relax and that is how it all starts and you see yourself fully in it and trying hard to stop.

It is good if you can control it right from the start than it taking over you and finding a way to let yourself out of that bondage in the long run as that is the hard thing about it.
512  Economy / Exchanges / Re: what is the best exchange in 2018 on: June 18, 2018, 06:13:29 AM
Binance if you want to make some money from the newly listed pumps and dumps. Its where the gambling Chinese pumpers have transferred since the big ban on all exchanges in the China mainland.
If you are actually considering pumps and dumps, that happens almost anywhere and for that kind of thing, HitBTC as shitty as it is, makes the pump and dump thing rampant.

Nevertheless, I prefer binance actually because of the fee and makes daytrading actually very less worrying when you are considering the fees most of the time, and as long as there is more to gain from your trade without the fee cupping some or most of it, that is one thing anyone would like, and that adds to the volume on the exchange as well.
513  Economy / Trading Discussion / Re: Don't hold your coin on exchange for long time. on: June 16, 2018, 06:02:18 AM
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
It's not really a good idea to put all your coin in an exchange specially if you plan it to hold for long term but I think people still prefer putting it in exchange because its convenient when you badly need to sell your coin its a risk to take and I think people are already aware with the consequences.
I second your statement. Yes the newbies have to go for such coin that cost you low than one dollar. The reason behind this action is it would help you to implement your learning in practical world with more specific results and real picture. You would be able to see how the things actually works. Ultimately your confidence start boosting up and can do trade without much bigger tension.
514  Economy / Economics / Re: Speculation on BTC on: June 16, 2018, 05:26:27 AM
I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Their speculation is possible, It is a big possibility that Bitcoin will rally before the end of the year and I think the $10,000 area will be a super support level in the future. Just like recently our best support is the $6,000 area. I remembered first quarter last year that rarely you will see a person to speculate  that we will even reach $6,000 but looking today people already have identified that  buying at $6,000 is the wisest thing to do.
Speculation can be either positive or negative which affects the market of any product and especially the crypto market of Bitcoin. Positive speculation will result in positive and negative will give you negative result, for the better future of market positive speculation is very necessary. The market is now in low stages which is understandable and will soon recover.
515  Economy / Economics / Re: its not about how much you invested, its when you should invest? on: June 13, 2018, 07:17:03 AM
Dealing with cryptocurrency isn’t only about how much you able to invest, but also (and even mainly) about the strategy. Sometimes wise decisions may lead to better results, than large sums of money.
Trading isn’t more than a strategy and decision making according to your strategy and dealing it in unprocessed scenarios. These are few factors that are drawing this building of trading or investing, mostly they are same. Bitcoin is amazing and no doubt in it, learn about it and then go for its investing where make your strategies stronger and plan accordingly. That would make your days better.
516  Economy / Economics / Re: Bitcoin business success on: June 13, 2018, 06:48:53 AM
There are many businesses that are accepting bitcoin as payment, and there are some bitcoin related gambling games, such as casinos.

The companies that started bitcoin are sure to see huge growth in their portfolios.
Probably the tow biggest success stories when it comes to the type of business that accept cryptocurrencies have to do with exchanges and casinos, but as cryptocurrencies become more valuable it seems casinos are having problems since not many players are willing to gamble with their bitcoin anymore, in the other hand exchanges are as successful as ever but this may change thanks to DEX.
A productive person will choose the crypto business because crypto world is most profitable in the modern era and one can make huge profit in it. If you want to invest first you have to make sure your investment is on the right place or not and you have to find a source where you can get huge profit. The most recommended business is the crypto investment and especially the Bitcoin is more favorable for long term investment.
517  Economy / Economics / Re: War on cryptocurrency! on: June 13, 2018, 06:12:25 AM
Maybe they are afraid in cryptocurrency so other countries are starting war against cryptocurrency. I am very thankful that my country is starting to recognize cryptocurrency.
This would happen someday. Right now, some countries have accepted bitcoin in their vicinity and in some countries, bitcoin are under consideration for being legalized or not. But mainly, bitcoin wouldn’t be accepted so soon by the whole world. People don’t accept them so soon because it might be a problem for those who have businesses in gold and silver. So they prompt war.
518  Economy / Trading Discussion / Re: What's your current strategy? on: June 12, 2018, 06:05:39 AM
Buy and hold?

Cryptodabbler?

Day-to-day trading?

Big bets enough to play the market?

Other? specify.

Please provide a quick explanation of the choicie of your strategy.

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My strategy has not changed since I started trading until now, it's a long-term strategy. I always have a good feeling about the Cryptocurrency market. I believe that with the help of society and money transfer issues, it will be added to our daily lives in the future.
So I bought some very cheap price altcoins and hold a time span of 4-6 years. That's my strategy. Wink
My current strategy is to get more benefit from this current market because low market always benefits you in two places; one in the start and one in the end; you can buy more quantity coins on low amount in a low market and then will get he profit in the end in a high market. Now I am trying to buy more coins for trading and going to get huge benefit in the upcoming days.
519  Economy / Speculation / Re: Bitcoin has dropped so invest more on: June 12, 2018, 05:36:26 AM
people are panicking over the drop that has been experienced over the last few hours why don't you look at it as the best time to invest more

if you are panicking too much you need to evaluate your risk management skills or you will be feeding the sharks
its the crypto world you can expect anything
Price will dip and soar every time so we need not to panic or we shall be giving away free coins(money) to the sharks and whales who have the patience to hodl and sell at better prices and as far as I know people talk of price drops we need to take this opportunity to buy low and sell high when market recovers. And it seems that price has not only dropped but also become much stable which is good imo

This right time to invest. Now most of the traders use the time. If time to down then invest on time. then people will be hold the coin and wait for the price increase. If price will be increase. Trades use the coin for buy other coin. So trades check the all coin price in the market place. Trades always invest in all coin. So people wait for the price down. So don't wast that time. So time to buy and sell.
The value of Bitcoin has dropped further to 7.2k dollar and this is the lowest value in the ongoing year. The value will soon follow the increase trend as we know that people want to get benefit of low market and increase in demand will increase the value of Bitcoin. Moreover the price of Bitcoin drops with the negative news about thee Bitcoin and its market which has direct affect on the market.
520  Economy / Speculation / Re: Won't people sell it ? on: June 12, 2018, 05:03:20 AM
I strongly agree with your opinion, judging from your opinion and your opinion is very experienced in this field, being additional from me personally so that we are more alert to the situation and condition of the world of crypto and bitcoin because the fluctuating price causes us to lazy to learn, while to minimize it is advisable that we add data to what conditions the situation causes bitcoin to rise and fall, from the beginning and the data each year, and also to the outside data such as socio-politics that causes bitcoin prices to change, the future expectation of crypto is more acceptable and the government openly endorses it as a new form of the future, may be useful and successful for all of us
People are well aware of the market as the market value is low and incase if one sells in this market then he will pay for his decisions and will lose. This is very common in this market and everyone knows that selling in low market will face you with loss.

We should wait for the real time when the value goes high and our holding currency gains more value which encourage you to sell out in a market like this.
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