Yeah i agree with you and i do not think that day trading is profitable in crypto market like it is in high volume forex and commodity market, it will still take some time for crypto market to mature and its volume should surge to trillions before day trading would be advisable in the crypto market.
the best trade is to be patient. I feel that. however, I think daily trading is carried out by those who want to continue to produce assets every day. however, with these conditions, it seems like the risk to trade every day is quite risky compared to the long run. Again, it still boils down as how you handle the risk here. If you are a gambling type trader, then day trading might fit your agenda as you love the high volatility and the rewards that goes with it. But there are also these kind of traders, you just love to buy in dips and then hold. There are predictions that BTC be $100k, sounds crazy right? But for those traders/holders, they are going to wait for that day and not wanting to day trade because they can't handle it. |
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If you are a old and traditional players (been playing slots for the last 10 years) and suddenly switch to online gaming slots, definitely you will miss the lever, the adrenaline rush, so I would agree with you that it has diminished when I'm playing online. The closest that you can get is the sound of the lever, but it is very different when you hold and pull it and somewhat thinks that you can influence the outcome.
I don't know if there are companies that manufactured such lever to plug into our desktop or laptop to get the feel and experience and emotions.
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There is need for bitcoin to retest the 200ma on a daily chart before the next pull run. Currently the 200ma is now above 9000 dollars and therefore your forecast may not be out of place. The pullback is going to have short life as bitcoin is going to get above $10,000 before halving. Bitcoin is going to increase, and there is a big chance to hit $9k again. Hopefully, the price can jump higher as right now, the price traded at $8,953, and it still going to go up to the higher price. There is a war between the buy order and the sell order, but the trend wants to go up, and I hope that what we expect can happen in the next few hours. If the price can be back to $9k, then I think that can give more chance to continues to go up, and perhaps, the price will reach $9,100-$9,200. Well, it's a big moment for bitcoin to go up again after the price is at a low price. I am sure that many people are waiting for another high price to sell their bitcoin. Not the best time to sell bitcoin pre or post halving until it reaches five digits in my opinion, we are entering bullish cycle, we should hodl in my opinion. Just imagine you selling after the halving in 2016 and then eventually at the end of 2017 it reaches all-time-high? Someone will regret their decision if they sell even at $10k when we reach before and after halving. |
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It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.
Not always the case in my opinion, you have to understand the risk-reward ratio. The more you gamble the more chances that house edge will caught up on you. Those wagering competitions are just ways to attract more gambler. It's not put up for casino's to lose, part of their marketing. The really know that there is a demand, and if you're a gambler, you will likely take this bonuses and lucrative offer because you think that you can win, and casino's are giving you that false hope. |
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I do hope that you know that HEX is a ponzi scheme right? So I don't think that it is a good example to call it a good project to join or invest.
Of course hunters don't trade usually, they can want to get their rewards and move on the next project to project. And even if you hold the tokens you are rewarded for, chances are the price are going to be dump. And that's why bounty hunters have the habit of dumping their token once they received it regardless if the project has the potential to have a good price in the future.
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I don't think that there is a correlation if cyber criminals chooses Monero as their 'default' crypto currency. And as you have pointed out, Monero is hard to trace, so exchanges has started it's delisting as early as 2018 if I'm not mistaken. And some exchanges are under pressure from government and other authorities to follow suit as well.
So let those hackers chooses Monero and let them figure it out how they are going to exchange it to Fiat. As far as BTC legitimacy, it has been in this game for more than 10 years so I don't know what more can you ask for it.
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And to his defense, he didn't know the people he bet with, some of them has history with the law and in the show he did become a witness (forget the name of the guy). It also did say that he went to Atlantic City after the game with New York Knicks with his father.
It's well documented that Jordan is a gambler, but as far as visiting online casino? No, I doubt that, they still go play the traditional way and I doubt that online casino that time is already on the mainstream, it was early to late 90's. Heck the first time I used internet is in 1997 so perhaps that time only few people are into online gambling even celebrities and high profile athletes.
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At a time when the world is in the throes of an epidemic and everyone's economy is in dire straits, I can't see any reason for the sudden rise in the price of Bitcoin. Do you think there is any reason for Bitcoin to go up so much?
There's is every reason for it to achieve that, initially bitcoin market doesn't follow the traditional market price movement but I do understand why it had to this time as fud was the number one emotion during the early stages of the breakouts of Corona pandemic. People were afraid and since the cryptocurrency Industry is filled with inexperience investor, we just have to be the most affected marketing regards to decline of price of out tradable assets although as you can see we also were the quickest to recover than any other market out there. As of press, bitcoin is currently trading above $9k meaning crossing $10k won't be an issue provider there's no correction as we experience the last time bitcoin cross the $9k price mark. Even though we are still in recession, the price of the bitcoin managed to breakout in its resistance and also in 100 MA which is considered as good. The price is consolidating but it pointing upwards that can be indicate as a good sign because of the volume. There is now a major resistance at $9500 and if it will be break then we should expect that the price may achieve $10,000 per each. The panic that is currently happening is because of the pandemic which lead to lost of many jobs in different countries and it has also affect to the cryptocurrency market. Well $9500 resistance was invalidated again, pushing the price to the $8700 levels. So we need to consider both sides, one thing is that we are still in the FOMO phase I believed, so it might try to bump to $10k again. And we all know that $k increase is possible in this market, so there is a chance for an upside here prior to the halvening. |
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I'm sorry but it's not how things work in this community. First you didn't put the link of the website here how can we check its legitimacy? And why would we trust you in the first place? You should open an official channel here, called ANN thread and there is where all the discussions goes. Go around and learn how the community works so that your website will gain some players here.
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It's because it has a precedence already, and bounty hunters are still dreaming that we are still in 2017. Those days are long gone, yes I would agree that it was really a good time to be a bounty hunter as crypto during that time is still on it's infancy and many projects are very successful.
But after that, investors mature, they learn that majority of the projects are just pulling out scams, taking their hard earn money, some are just pump-and-dump. So that's it, bounty hunting is no longer profitable, airdrops are a waste of time.
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Most people yet don't know what Lightning Network is till now. Couple of days ago, I had started a discussion topic on one of our local facebook group on Lightning Network. Almost 90% of the people seems to be never heard about Lightning Network while some other who have heard about Lightning Network but don't have any idea what it is. Without implementation in common wallets like Electrum, LN will not be known to the public. Once Electrum implement it, things will be different.
someone above said electrum did implement? It is not yet implement, it is still under development. Presentation link: https://www.electrum.org/talks/lightning/presentation.html#slide1Youtube link: https://www.youtube.com/watch?v=7D83IpdiF-UBut as @hugeblack pointed out, once well known wallet like Electrum supports LN, growth will be inevitable. |
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According to this poll, Wilder has got almost no chance.
It could be different comes in real fight, what we are seeing now is a result of being a human, that's how the brain of human works, we think Wilder has no chance because he lose in the last fight, we have become the servant of our new king which is Fury, but I'll take chances on Wilder a bit, the guy is a Warriors, getting a lower chance to win is alright if only based on people's judgement, but he will show up in the coming fight with better betting odds if he'll win. It's because we also see the boxers are good as their last fight. So obviously, Wilder lost the fight and Fury won it convincingly. That's why some gave Fury no chance to win in the trilogy. And then we heard his excuse after the fight which makes us think that Wilder was such a clown blaming everyone and literally everything his outfit  . So we judge him during and after the fight. So he needs to show up in the trilogy totally different. He still has the chance to win, if he adjust. Odds are attractive, but lets see once everything settles down in the next 6 months and hope that the fight will happen. |
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It seems, many traders or gamblers underestimate how the feeling works so that makes them emotional, especially when the market is increasing so the traders will have a big passion for following the price. That will happen too with the gamblers who can win some rounds so that will makes them excited to bet more and more. But if gamblers play gambling every day, that will be the same as day trading, but he still doesn't know how big the percentage to win the games.
I rarely played in any gambling casino games. However, no matter how much I won I never had a desire to increase the size of the next bet. Perhaps because I saw gambling as a way to have a good time, not as a way to make money. With cryptocurrency trading, everything is different, I trade in order to earn money. And that's the big difference for me. Or perhaps you really don't like gambling per se, the risk-reward ratio is not for you and that is a good thing. But for some they can't really get off the hook once they started to gamble. As for crypto currency trading, yes there is a risk as well, but you have total control of it. Unlike in gambling where everything is based on pure luck. But in trading, you have ways to mitigate your loss. |
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I already sent you a congratulatory note in a PM mate. So again, I will say congratulate for a job well done ranking up.  . I can still feel the excited in you when you rank-up, LOL. And pretty sure that you can get to the next level, keep in touch! |
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As the most antcipated event (Bitcoin Halving) keeps getting closer a lot of predictions have been made on how it will affect the Bitcoin Fast moving price in April.
Bitcoin is set for a comeback from the dead after recording a 103% rise in price in April which has brought up a lot of conversation on if its heading for a new all time high since January 2017, but one of the main stories out there is if the halving is going to help in the cause or not?
Historically, according to Bitcoin Obituaries, it has died 380 times. However, halving is the catalyst for an eventual bull run. So it remain a theory again after what is going to happen after this years halving. I Personally think it will, if the blocks that are mined are halved, the miners are basically gaining less for the same amount of work. Taking this into account i really think the BTC is heading for a high price but not breaking the all time high.
Discussions and Additions would be appreciated
On the contrary if miners are going to mine 6.25 per block after the halving, so the amount of supply will dwindle, and in theory there will be more demand. And with more demand the price could potential go up and in the following years after the halving, we may reach another all-time-high. |
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Are you talking about self-inclusions? The only drawback I see with this self-inclusions is that most of the crypto related gambling websites will let you create an anonymous account and then you can play. But as far as I can remember, Nitrogensports and Bitdice has this on their TOS but I don't know how strict it is being implemented on their end. Other related thread: https://bitcointalk.org/index.php?topic=5079626.0.. Forgot the keywords, if I get to know I will link the thread here.
Maybe the keyword you are looking for is " Self-inclusion". |
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Ethereum had quiet a nice rally till we witnessed a minor bump in it’s prices, but for what it’s worth it also found strong resistance at $202 levels and has once again started bouncing upwards. According to this article it’s showing all the signs of crossing the $250 levels soon, and hence I feel that we should hold on to our Ethereum coins, and not rush into selling them. Furthermore when do you’ll think will Ethereum prices cross the $250 levels mark, pre or post the halving event?.
It will be obviously pre halving, remember that prior to the market crash, ETH has even trading above $260 levels if I'm not mistaken. So reaching $250 is like just going back to it's previous price. And there's a lot of speculation that after the halving, things could be different as historically, the price seems to go sideways or down ward and it will take some time before the price pick up and then go on a year round bullish cycle. So there is still a lot of opportunity to make money in the future here. By buying ETH today and just HODL on it. The last all-time-high was 4 digits, so that a good x5 returns easily if we go on a bullish run in the next couple of years. |
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Thank you for accepting me in the campaign, I'm confirming that the info in the spreadsheet is correct.
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https://t.me/bitcoin_giveawaybot
@giveawaylol_bot
Maybe you can add this bot on your list. This bot are specifics to so the called free btc giveaways which is obviously a scam. I added them not to join but to track everything. |
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I guess this strategy only works if you have lots of capital to begin with, so probably most whales do this kind of thing, called manipulation. But for average joe like the majority of us, the only way to make huge profit is to buy during bottom, i.e. $3200 last year and $3800 last March, during the crash.
And if whales are during this kind of strategy, pumping the market to make more profit, then obviously they will also cause the dump and sell off, rinse and repeat. So it will be very difficult for a mere casual trader to ride those waves. So it's better not to chase the bull run, but be prefer to buy during market dips.
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