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5661  Economy / Trading Discussion / Re: When to buy - question to Hodlers on: April 28, 2020, 06:43:20 AM
Periodically, that is what I have been doing for years and it has worked for the most part.

If you go all in, there is no right time, just look at the price right now it moved from around 5k prices to close to 8k now for example, do you really think it is smart to buy now?

Or was it smarter to buy when it was lower? Of course, it was smarter to buy lower but how could you know when it will be lower once again? You wouldn't have any idea. So, what can you do?

Basically never go all in, always have a source of income that you will put into bitcoin, and just periodically put money into it, whenever price has a HUGE drop, just buy it, I know it may drop even further but just buy it, whenever price has a huge drop no matter what happens it will always go back, even if it takes a longer path.
5662  Economy / Trading Discussion / Re: Where can I learn Technical Analysis to Cryptocurrencies? on: April 27, 2020, 08:30:15 PM
Investopedia and TradingView are the two great ones, not saying that you will be great at trading the moment you study them but at least you would be basically doing the best you can, would that be enough or not but we are talking about being a better yourself and that is what it counts.

TradingView is what you can use to learn and watch the other traders and you would basically be seeing the good traders doing it and you can copy it and maybe one day you could be like them if you could watch them. Like I said this is not really a bad day but it is the perfect way neither, it is only a small time better method.

Investopedia on the other hand is great for not just TA but you can learn everything for stock market as well, I have been using it for that for 10 years now.
5663  Alternate cryptocurrencies / Altcoin Discussion / Re: Why trading stablecoins is the most underrated way of making serious money on: April 27, 2020, 07:46:33 PM
You can promote whatever bot you want but people are smart to realize that there is not enough differences in the stablecoins to make that kind of arbitrage. Yeah, the idea looks like its solid and you could make a profit with it, hell on paper it looks like the best kind of trading there is, because in the end you are trading something that worths 1 dollar for something lower and end up selling it for one dollar.

However, when you actually decide to do it you will realize that there is actually not that much drop in stablecoins and whatever drop you have in them is less than the trading fee exchanges get. Even if you find a small period where it is profitable to buy them, it is not common and it is very rare in between as well, so you will not be x3 every year.
5664  Economy / Speculation / Re: What this Bitcoin halving bring? Does the Bitcoin price go up or down? on: April 27, 2020, 06:54:27 PM
I expect moderate up, I know many people are looking for it to go up after halving but that is the exact reason why I think it will be not exact up. There are just too many people buying right now that think bitcoin price will be up and I think if bitcoin underperforms there are just too many people who will think that bitcoin will go up and be upset that it didn't go up as much as they expected so they will sell.

However I am waiting, if the price actually doesn't go up as much as I assume it will, that will mean bitcoin will fall and that is when I will be capable buying for cheap. However if we talk about the long term, miners will be not selling as much as they are selling right now in the future which will cause the price to go up and that will be when I profit in the end.
5665  Economy / Economics / Re: Cantillon Effect and Bitcoin on: April 27, 2020, 06:25:11 PM
Decentralization was always against things like this, bitcoin has 21 million max supply and it will always have 21 million max supply, it will never be changed, as soon as someone has enough power to change that which I doubt would ever happen, that would be the end of bitcoin as we know it and that is why nobody would even want to do it, doing it would not help them, so something that requires billions of dollars in both cash and machinery would be all for nothing and people who are powerful enough to do that wouldn't do it because they would get nothing in return.

Hence there is no printing more money, there is no government, there is no power at the center of bitcoin, we are all part of bitcoin world. This means, all of this rich get richer and poor get poorer will not happen in bitcoin.

There are more than 21 million people who are millionaires in the world, that means there will always be some millionaires without one bitcoin in the world, not all millionaires are interested right now but even if one day all of them were, there is not enough to go around, hence rich can't get richer.
5666  Economy / Economics / Re: Inflation, printing money and Bitcoin on: April 26, 2020, 07:08:15 PM
I wish it was that simple Cheesy. But it is not, the world has to create some money the more people there is plus the more dollar is lost somewhere else and the more dollar stuck somewhere.

So, when you are making this calculation you are not just making 1 million and print another one million, you have to consider the initial one million dollars and see if the population is the same, if the population grew that million is not enough anymore, you have to check if there is any dollars lost, I know this will be a bad example but just think of a money being washed and ruined burned and ruined, those are bad examples but you get what I am trying to say and lastly but most importantly people who have dollars that do not spend it at all, so that money exists somewhere but it is stuck and not moving at all so we could consider it not on the market. When you take all of that into consideration printing doesn't suddenly make it go up, sure it makes it a bit but not at that level.
5667  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 26, 2020, 05:39:18 PM
You mean the team that is now self made as Astralis or at least the same core 3, they have that new IGL +1 other who has made a large difference for them.   They were always amazing but somehow had a kind of stage fright or nerves in the final stages of a contest, I believe thats still there but they are more flexible and accepting of themselves perhaps and somehow got past it.  I heard they have hired a team therapist to talk through any anxiety which is probably a first in CS.
  So age is not the biggest of factors, its other elements but it is a factor that contributes and they have to account for it and perhaps train more so to rely less on raw talent as they progress.  Since the team has always been so orderly, I dont see age is going to stop them.   VP managed to be lethal right up until the end with members over 30, the thing to note was the volatility of results and they could let it slip and go hero to zero and back again.   To me they became dangerous to bet on, great if the odds saw them as underdogs because they never were and gold does not rust.  But any bet was with much caution as VP eventually lost cohesion; still one of the greatest teams ever as will Astralis be.
No, not dignitas as the team name, the players of dignitas. Forest, getright, friberg, xist and so forth, that team in general is awesome, those players are some epic legends of the game and I know they are a bit older now and I know they are not what they used to be, however can you really tell me they can't be as good as any other team on a good day?

I don't know the history of Dignitas honestly, I don't know who they had or what they have achieved etc, I only watched these players before and I remember them being amazing so I am simply rooting for them again because they are around my age and not some teenager that usually ends up winning. I would still bet them if they are anywhere around 2.5+ odds, in any game whatsoever, in smaller games even more so.
5668  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitmex launches Ethereum “Quanto Futures” on: April 26, 2020, 05:01:26 PM
The period when bitcoin had so many ups and downs with big volatility and high liquidity started when bitmex started to offer leverage on bitcoin and shorting as well, that really ruined a lot in the crypto market because people were allowed to profit from the downfall of the price, which removed another incentive to increase the price, normally there was no option like that so anyone who wanted to make a profit had to wait it go up.

Now they are doing the same on ethereum, and sure there will be some people who will make profits from ethereum going down as well but this will hurt the market in general, profiting while going down means people won't be focused on making it higher, there will be counter party that will try to get it as low as possible to profit.
5669  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the best coin in 2020 for long term buy ? on: April 26, 2020, 03:32:24 PM
Those are very good and very well know names, I would basically support all of those except chainlink and matic only because I don't know about them all that much, not saying they are bad at all, just saying I wouldn't be researched well enough to actually support that decision, someone who researched better than me could talk about them.

However cardano, bnb and bat are all great coins to suggest and I would suggest them myself as well. I would also add in Wave to that list too, because I researched it and it looks like it has a good team and a good blockchain behind it. I don't know if this year would be the year they finally make the jump but I know one day they will, so my long term definitely includes some wave as well. Hopefully we all will be right.
5670  Alternate cryptocurrencies / Altcoin Discussion / Re: The success of IEO is Exchange on: April 25, 2020, 08:47:41 AM
You may think that an exchange listing that IEO gives the project a credibility and that is correct, however being there is already something special and that means the project was good to begin with. Do you really think exchanges are willing to put shitty projects on their websites?

I mean that would only hurt business if the people who fund that gets poorer, you need to make people as much money as you can as an exchange in order for them to continue trading with you, the more money they have the more they will trade and the more they trade the more trading fee you will get. Hence if a project is getting an IEO from a reputable place, that means they were already good even without the IEO as well, they just got the recognition that they are as good as they think.
5671  Other / Off-topic / Re: What is your thought during ECQ on: April 24, 2020, 04:41:59 PM
There is no need to get all tin foil hat on this. Vaccines can't have chips inside, the technology to put chips in peoples body is not that well developed enough to put it in a syringe just yet, plus that would really create a whole lot of headaches for the politicians as well if they did something like that and it came out. Also, politicians are the only ones who are capable of pulling something like this, and they are doing very well right now, why would they want to do something like that?

If they are ruler party that means they are getting the votes and if they are not, that means they are getting money for free AND do not have any responsibility neither. So, there is no reason to do something like this at all for the people who are capable of doing it.
5672  Economy / Gambling discussion / Re: UEFA : Complete Domestic Competitions! on: April 24, 2020, 04:00:02 PM
How can a COMPANY have so much power? I mean FIFA is not some government branch, they are literally a football organization that makes billions upon billions of dollars in profit plus we all know they also take bribes as well, it was only few years ago that it was proved they took bribes for some of the locations. How can an organization so crooked and so bad could still force teams and nations to risk their lives.

Fifa will not be risking their lives, so why should nations? They are pressuring countries to restart the leagues but at the same time the leagues have to think about the well being of the population, whereas only thing Fifa has to care about is their precious profits. I say give the middle finger to Fifa and not finish it but I think clubs do not have that much money or power to do that.
5673  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 24, 2020, 03:05:29 PM
I am betting on the DOTA2 Epic Origins League Season 1 winner, but I'm going to lose my bets this time, because I bet on Puzzle and ShavaNaTarelke. Most likely the Team Revolt is going to win in today's match, but I don't regret my not betting on it cos winning with with 1.06 odds is boring. Regarding you last question, idk, mate, sorry.
Finally team Revolt, the big favorite, lost 0-3 while it has already beaten team Cascade 2-0, 3 days ago... So I lost my bet too.  Embarrassed
E-sports seem very unpredictable indeed.  Undecided
You might take time to settle down with e-sports predictions Cool. The only team I am following right now is Dignitas because those were the players that I got into CS:GO, they were really supreme at their time and I do not believe in this "the older you get the worse you get" thing in gaming, I mean sure that is true for many sports because let's be honest that is physical and not many people can be healthy into their 40's enough to play well.

However this is gaming, sure your reactions might get a bit slower but we are talking about enough difference in experience that it should cover that up pretty quickly, a new super good hot shot team full of players who are going to their first major should not have any chance against Dignitas for example because they have experience and would be more calm. Aside from that I am not checking the other teams all that much.
5674  Economy / Speculation / Re: Bloomberg report Bull run on: April 24, 2020, 02:30:20 PM
Bloomberg has always been positive against bitcoin, I am starting to consider maybe the former mayor actually owns a lot of Bitcoin who knows, dude made all of his money thanks to selling a software to wall street, so I am not going to rule out them being financially aware of all the new things that are coming up, dude probably has a data collection that shows what is going up and down and getting interest or losing interest, all the financial information and data you could ever dream of just at the tip of his hands.

This means maybe when bitcoin started to get some attention dude might have bought a lot of it and told his people to pump up great news about bitcoin all the time so that the price would be affected greatly from the promotion Bloomberg gives it.
5675  Economy / Speculation / Re: Is Bitcoin creating panic again? on: April 24, 2020, 06:47:14 AM
$7.4K is a good level for us right now, we do not need to go any higher because that is not really needed, however we cannot afford to go any lower neither, we are literally right at the middle of doing mediocre right now and that is a very very thin level that can't be broken. If we go upwards to above 7.5k I am 100% certain we will also go above 8k as well, I do not see bitcoin staying around 7.7k or whatever, if it goes above 7.5k even a bit, it will also go above 8k which will be an awesome bull run.

If we go under 6.5k, I also do not see it staying around those levels neither, it will probably go under 6k as well. So, right now any movements one way or another 500 bucks will result with over a thousand bucks worth of movement since it was all pumped up and stuck and couldn't move so that move wherever it is will be really big.
5676  Economy / Speculation / Re: Is the US Stimulus check going to raise the price for bitcoin? on: April 24, 2020, 06:04:32 AM
I have seen people spend their money on some stupid stuff so I am not entirely sure about what they will or will not do with it anymore.

I was thinking they would actually think about spending their money on grocery and bills and stuff like that just so they could potentially survive a bit long however looking at the situation right now, people are buying stuff like TV's or other electronic stuff, and maybe even phones and so forth, which tells me maybe people weren't doing as bad as I imagined and obviously not as bad as government imagined. That 1200 helped a lot of people I agree with that however I think there were a lot of people who didn't needed that got it as well, which could potentially buy bitcoins if they are smart enough, don't know if many will though.
5677  Economy / Trading Discussion / Re: What's your trading strategy? on: April 23, 2020, 08:31:25 PM
for me, the most important is using my own money for trading to avoid getting debt, practically, it is better to have a sufficient amount for financial support before I go through the expected type of business because of borrowing money through lending is riskier and it is easy to drain and besides, I believe that using our own money for real trading is very comfortable with sounds great.

Yeah, the only time I'd ever borrow, even margin for example, is if I was in desperate situations. Problem is most people borrow to make money in this case, not accepting that whatever money they deposited in is likely to be lost. Business borrowing is different, that's capital for actual commerce. Trading on broker platforms is not that.
Yeah, business borrowing is something even suggested if you are growing big enough, if you have a place that makes a decent amount of money that could potentially even make more money but you do not have enough capacity to cover that difference, you take out a loan and expand your business to cover all of it and make a greater revenue in the end.

However, traders thinking the same way about how they are making a decent return with the amount of money they have so they could make even bigger profits if they had a lot more money and takes out loans for it as well, which is not smart because a business revenue is usually a linear thing, if the company is doing well enough it will continue to do well, they usually have contracts to prove that, not that all of them can continue but most of them takes it out that way, traders can't guarantee income, they can profit for a whole year and suddenly start to be horrible the next one.
5678  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 7 Ways for Your Business to Survive & Grow During the Coronavirus Pandemic on: April 23, 2020, 07:33:01 PM
Lol this is really funny, dude probably wrote the best article I have seen in months just so he can shill some coin that he holds. I am not going to lie, I would allow it, I mean after all dude probably spend hours and hours in front of computer preparing this article and it looks like it is well thought out and in the end he squeezes in the irrelevant and totally unimportant coin right there, I wouldn't buy it just because of this, I am not going to buy that one for any reason, but I would also say this is alright marketing, not bad at all.

All of the things mentioned in the article to be more ready for the future is actually solid advice, this right now is a perfect time for companies that will not bankrupt to check out what they can do during this period that would help them when they get out.
5679  Economy / Trading Discussion / Re: Exchanges WITHOUT KYC? on: April 23, 2020, 07:08:52 PM
That is the thing that people are having hard time understanding, if you like an exchange that doesn't matter if it is the "best" one or not. If you like it enough you can literally oversee the missing features and all of that and just use it.

For example, this person is asking for an exchange without KYC and I honestly wouldn't want to give my information as well, however what did I do? I am using binance which has KYC request in there, and I said I didn't want to give my info anyway, so what can I do about it?

Obviously they have a 2 bitcoin limit and I just stay under it, that is enough for me anyway and that way I am both using my favorite place and I do not have to give my info as well. This can be applied to any exchange and any reason at all because if you like a place enough you can close your eyes to their shortcomings.
5680  Economy / Trading Discussion / Re: Ignorance in trading on: April 23, 2020, 06:18:27 PM
Those who know speak as well, this is a whole forum of people that knows what is right and what is wrong unfortunately what is right does not really stay the same which means people who know can be wrong sometimes as well.

So, we can't really expect everyone to be right at all times and just because they are wrong we can't call them they don't know neither, which means there are people out there who are wrong because they barely know anything about this space at all, yet there are also people who are usually right and knows things but wrong this time around, which is why we are having hard time finding who to listen to, because they don't knows and the knows all mix together at all times and make it hard for us to realize which one is which one of them.
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