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5641  Economy / Speculation / Re: Who's been buying recently? on: August 13, 2021, 08:34:48 AM
Why worry at a good price for accumulating. Why institutional investors are always dipping at the top. It's a stark contrast to the big jump from when the market base went through the swamp at $29k. Obviously they need education on managing their cash flow or I've misunderstood their intentions. Lol

Well to those who buy in a good price I think they are a little bit afraid because they buy at high price and I believe that this was a normal thing, In crypto we need to trust our own decision because that is our money if we loss then that is our own lost so in making a decision we need to decide on our own, we can collect different suggestion from different expert but we need to decide our self.
That is why it is always recommended to check the price and the trend before buying bitcoin so we will not be afraid of the price movement. If we can constantly monitor the price moves, we can know when we should enter the market and buy some amount while waiting for the price's rise back. Yes, they need more education to manage their cash flow, but few of them can do that since they can follow other people's suggestions to buy bitcoin.

By analyzing the suggestion from other people, we will see if the moment is good for us so we can execute with buying for some amount. Otherwise, we will not enter the market and wait for the right time. However, it is not easy to analyze the market now because the price can down anytime.
5642  Economy / Speculation / Re: Bitcoin faces strong resistance to reach $50k? on: August 13, 2021, 07:56:26 AM
We will see $50k soon but if the market is not starting the move to the high price, we will not know when that will happen. We can just wait for something to happen to bitcoin and predict how higher the price will be in the next week. But we should realize that the price can not always increase in a short time. It seems the price will increase slowly and the price waits for something that we do not know because every time the price increases higher, the next hours, the price will be back to the lower price. That is happening many times since the price was at $30k.
5643  Other / Beginners & Help / Re: How does one start on crypto? on: August 13, 2021, 07:12:40 AM
Hi everyone, I would like to ask a very simple question on how to start on crypto if that is what it is called. The idea for me is in hopes I can just earn here and there mainly to help with monthly expenses. Not looking to invest like 5 figures but more of like 3 to 4 figure ranges to create that monthly recurring for my expenses.
The first thing you need to do is learn about crypto. What concepts does crypto bring for people and how can people make money from crypto. After that, you can search for what ways will match with you and try many ways before you can get the right way that can work for you. Many people suggest you start trading but that will not be easy as you need to learn more details about trading because trading is not just to buy low and sell high. Well, that is the basic thing in trading, but there are more than that before you can make money from trading.
5644  Economy / Speculation / Re: Are we in 2017 again? How do you feel about the price chart today? on: August 13, 2021, 06:45:47 AM
Bitcoin, which has existed for more than ten years, is indisputable. It is tenacious and unbeatable.
With more and more people's attention, its price will definitely get higher and higher.The market value will also increase.
What we have to do is not to predict it, but to wait.
what we have to do.. we can support bitcoin until its popularity is more increasing, such as introducing it to laymen who are not familiar with bitcoin and can be avoiding pessimism/desperation. This is a special hope/opportunity for humans and predicting it is a natural thing that many bitcoin enthusiasts often do, it can also be used as motivation and encouragement for confidence/optimism.
Besides waiting, we can try to make money from bitcoin. That is the right thing that we should do because while we are waiting, we can see that our portfolio of having bitcoin will increase and we can take benefits from bitcoin. It is a matter of time for bitcoin to be more popular in the future and I am sure that will happen later.

So far, I am okay with the price chart and do not have a problem because I am trying to enjoy the up and down of bitcoin prices. And if I think I can enter the market and use the opportunity to buy low and sell high, that will be my chance to make a profit. Otherwise, I only watch the price and not doing anything except waiting.
5645  Economy / Gambling discussion / Re: Best wallet for Crypto Sportbooks deposits/withdrawals? on: August 13, 2021, 06:18:06 AM
Maybe the exchanges still allow us to send or deposit our funds through gambling sites to that exchanges but the exchanges can change their policy in the future and mostly, we are not aware of that.

I think when depositing to a gambling site, there will be no problem. But when withdrawing or receiving from gambling sites, that might trigger the bell.

As far as OP's question is concerned, he can still use Binance without worries of the account being locked due to gambling as there are no rules about it. If there's a change of terms and policy, Binance always updating their users but I doubt they will more concerned about money coming from a gambling site unless they detected an alarming transaction.
Maybe to prevent something worse that might happen, he can try to use another wallet than Binance wallet so that it will not be related to any exchanges, and he can send it to Binance wallet if he wants to sell the bitcoin. Or he can use a bitcoin mixer before sending it to his Binance as that can be another solution from his concern.

Withdrawing from gambling sites will not have a problem unless he wants to withdraw a big amount. If so, it can make the alarm will sound. As long as he does not break any policy from the gambling site, he will be okay.
5646  Economy / Gambling discussion / Re: Betting on the Paralympic Games? Ethical or not? on: August 12, 2021, 02:08:40 PM
I feel it is not right to use them to gamble and I think it is disrespectful for us to do that to them. They want to be handled like any other athlete but we should not gamble for their performance or winning.

Maybe we can show the other things like attention to them and I am sure they will appreciate it. But I do not know if others want to gamble for them and I do not mind with that because gamble or not will be up to them.
5647  Economy / Gambling discussion / Re: signs of gambling addiction on: August 12, 2021, 01:15:38 PM
Gamblin is really a problem for everyone who cant control themselves when they are already addicted to it, but first, how can we identify whether the person is a gambling addict or not, here are some of the reasons why can we call someone an addict to gambling.
1. Skipping meals
2. Not able to take a bath
3. Cannot spend time with their friends or family.
4. Skipping sleep.
5. Doin desperate things just to have money to gamble.

Always make sure that if you are going to gamble, you should play accordingly, do not spend all of your time on it and always be in control.

This is proof that a person who is addicted to gambling loses much more than financial balance, but also physical health and mental health.
As with all drugs, the more a person tries, the more addicted he becomes and it is difficult to notice that he is losing more and more.

I've been through it all, but wen I was 15 and playing Counter-Strike, my mom saved me by confiscating my computer Smiley
For a young person who still has parents who manage to impose limits or "pull" him back to reality it's easier, but... for an adult who is responsible for his own actions and isn't supervised by someone, help often comes late.
You are lucky your mom saved you by seeing you are in front of your computer almost all day long. Otherwise, you will be addicted deeper to that games and will not have a chance to set them free easily. Many young people are addicted to games, but they do not realize that and still playing those games.

It is almost the same as gambling addiction, no matter if he plays offline or online gambling. When he always come back to the place and play some games without thinking to stop after spending some time, he can become addicted in a short time. Or he has already become addicted to gambling without he knows.
5648  Bitcoin / Bitcoin Discussion / Re: Why hoard Bitcoin? on: August 12, 2021, 12:26:41 PM
If you want to hoard bitcoin, you do not have to buy at once but you can buy many times and that will recommend as you can buy bitcoin at much lower prices. You do not have to use bitcoin to pay for some services or buying goods but you can hoard bitcoin right now while you still have a chance.

In some countries, people can use bitcoin to pay the goods or services but right now, it is better to just save your bitcoin in your personal wallet and not sell it for some time. People hoard bitcoin because they believe the bitcoin value will increase so high in the future, maybe not in the next 5 years but the next 10-20 years. But I guess they will start to sell some bitcoin amounts when the price can hit more than $100k-$200k because that will be a lot of money for them.
5649  Economy / Exchanges / Re: Where is the best platform to trade futures and contracts with high leverage? on: August 12, 2021, 12:03:28 PM
Using high leverage means high risks. I hope you understand that there is a big chance to lose our money quickly. I think using Binance is enough to use margin trading and I think 50x is good leverage to make a profit or getting a big loss. Once a time, I use Bitmex, but I do not know the situation on that site so Binance is the choice. Maybe KuCoin is the other site you can use.
5650  Economy / Trading Discussion / Re: Emotions should never be traded. on: August 12, 2021, 11:36:54 AM
If he buys in altcoin when the price rises and does not know when to sell to take profit, he will only get in the trap at the high price and he needs to wait for a long time before he can sell his altcoins. But if he can buy the altcoin at a low price and still buy when the price getting deeper and hold it again, he can have a chance to sell the coin at a high price because sometimes the altcoin price can increase so high and getting pump.

But in this matter, the emotion will matter as when he buys when the price rises because he will think that he can be too late to profit from that coin if he does not take action. If that happens to him, maybe he does not have to chase instead of searching for the other coins that can increase soon. For the altcoin, I am sure we will have many chances to select the altcoin and do not just depend on one or two coins because we can diversify our investment in more than two coins. But that will depend on how you can manage your coins.
5651  Economy / Gambling discussion / Re: Do poker and sports betting skills correlate? on: August 12, 2021, 11:02:06 AM
I don't see any relationship between these two gambling usually requires experience. It is very difficult to win if you do not have enough skills about the game the secret truth of the players is that each formulated winning bid will be just like the exact strategies and measures that only help significantly reduce the risk and increase the chances of winning. A thorough knowledge of the rules of the game understand the differences and the subtleties it makes it easy to play poker by collecting and analyzing accurate information related to a specific sporting event.
The relation between these poker and sports betting is used to analyze to play but the analysis will be different between poker and sports betting. The more players can master the skills, the more chances for that player to win, but do not forget that luck still has its part to help us win. If that player knows how to make strategy in a poker card game and sports betting, we are sure he will win. But there is an option that he has skills in poker but not in sports betting.
5652  Economy / Economics / Re: Where is the value reflected? on: August 12, 2021, 10:14:14 AM
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
I don't understand this, why do you want merchants to accept bitcoin when you are not ready to spend it to buy their products?

If you simply want them to adopt because the prices are going to be increased when it happens then at some point the bubble will burst.  Anyhow when companies starts accepting then majority will spend on it then it will help the adoption not you buddy!
I guess she just wants to see the merchant's number will rise by accepting crypto, but she will not try to use crypto for payment. If that so, he only want to use crypto as her investment and not using for the payment system or she only wants to make money from crypto. That will be okay because we know that crypto can use for the payment method and the investment method and that will depend on people themselves which one they will use. All of us will have our reason for using the crypto and nobody can force us to use crypto to be the payment system.
5653  Alternate cryptocurrencies / Altcoin Discussion / Re: I see the whole thing from a different angle on: August 12, 2021, 09:32:47 AM
I guess the developer should give him something as reward because that hacker found a bug how to penetrate and steal his money Grin

A true hacker will not disturb anything inside the target, but they want to show a bug in your devices and tell them how to fix it. They will not share to public too many details but will only talk privately with the owner so next time, the owner can upgrade or fix or search for the other bug and protect it because the other hacker will not do the same.

That project is lucky to meet that hacker and who knows, the developer can ask the hacker to join in the project as head security for the network or other related security-related things. But I do not think the hacker will want to join Grin
5654  Economy / Gambling discussion / Re: Best wallet for Crypto Sportbooks deposits/withdrawals? on: August 12, 2021, 09:16:08 AM
Most of us agree to use separate wallets such as Electrum, Trust, Exodus, Guarda, Coinomi or Jaxx for multi coins because we control the wallet and we do not have to be afraid of prohibition that we can get in the future if we use a wallet from the exchanges or other web-based wallet.

Maybe the exchanges still allow us to send or deposit our funds through gambling sites to that exchanges but the exchanges can change their policy in the future and mostly, we are not aware of that.
5655  Alternate cryptocurrencies / Altcoin Discussion / Re: Dot, Next Ethereum on: August 12, 2021, 08:39:36 AM
Dot is a good coin, although I do not know much detail about the project. But I can not say that Dot is the next ethereum as ethereum have its own history and so do Dot. Dot can grow in the future if the project still exists like ethereum and can grow with many developments. However, it is still too early to say that Dot can be like ethereum as Dot needs to lift its position in the market and of course, the price also needs to increase step by step. If Dot is really a good coin, as we thought, we will see Dot will jump to the next level and it could be the price will be like ethereum.
5656  Economy / Gambling discussion / Re: Gambling or playing? on: August 11, 2021, 02:28:12 PM
  I more comfortable in playing beside I've enjoyed I ease my bored. Since when I was a child I can not dennied to myself that I'm adding in playing specially now the Moba game which is the Mobile Legends I played also this game I felt challenging and fantastic that I can compete different players .But I also played gambling in my Liesure time it's also ease my bored and I separated my money according for my needs and wants.
When I was a kid, I am playing games for a long time. I do not eat anything because I do not want to miss anything from the games. I feel I am addicted too as you but fortunately, when I grew up, I can stop the addiction because I met many people in my school and made my day busy every day. That happens too in the gambling games because I am not too late to stop gambling as I have been accepted in one office that gives me a chance to make money instead of losing the money on the gambling table.

It is not normal to see a child have an addiction in the games because I can look at what happened to me when I was a kid. I do not want to see my kids playing the games all day long and I do not even want to see them playing gambling because the risk is too big for them.
5657  Bitcoin / Bitcoin Discussion / Re: Should I buy Bitcoin? on: August 11, 2021, 02:04:03 PM
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
You can start buying bitcoin and it will be better if you can buy bitcoin constantly weekly or monthly in the same amounts. That is called bitcoin investment. You do not have to worry about the volatility of bitcoin price because if this day bitcoin price is down, tomorrow or next week, the price can increase even higher. Or you can hold the bitcoin for 6 months, a year, or even 2-3 years from now. Maybe you can have free money for $50 weekly so you can start to buy bitcoin using that amount and repeatedly in the next week with $50.
5658  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum where to go?? on: August 11, 2021, 12:51:15 PM
Finally, ethereum shows its power again in the market by lift the price and break $3,226 and it has more chances to increase more than now. After many weeks the price is below $3,000, it is good to see ethereum can go up to $3,000. Ethereum price can back to $4,000 or more sooner or later but if the bitcoin price does not increase and break $50,000 or even back to $64,000, ethereum will not increase and maybe the price will stay at $3,3200-$3,900. But in the long run, the ethereum price will break $4,000 so you need to be patient.
5659  Economy / Gambling discussion / Re: Your betting budget on: August 11, 2021, 12:02:33 PM
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I had previously set a percentage with a monthly income, but unfortunately the decision only lasted for a short time because I couldn't control my emotions completely when the game was exciting, which prompted my intention to deposit again and again, even though I realized that in the long run I would lose everything, if I keep doing stupid things like this.
It shows to you that you need to learn about controlling yourself and not getting emotions in gambling. Maybe you can set your budget and trying not to break that limit and if you lose all of that budget, you need to stop gambling as soon as possible and not even think to deposit or borrow money from others because you can get into trouble soon. From what you say, I suggest you not to playing gambling for a long time because you can deposit more money if you lose and you will hard to stop.
5660  Economy / Trading Discussion / Re: Bots on: August 11, 2021, 11:33:39 AM
I am not sure if you can operate the bot properly because you need to know the basics of trading before running the bot. Yes, there are guides to run the bot, but you still need to learn more about how to trade and analyze so you will not have a big difficulty when you run the bot. But I knew two bots, Gunbot and CAT, and I think that bot is popular here. You can check on their ANN to know more and ask the developer if you have a question.
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