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5721  Other / Beginners & Help / Re: The best way to buy and sell bitcoin on: November 07, 2019, 04:10:03 PM
localbitcoin exchange or meet up. Best way to save up transfer fees of exchanges. Though i'd rather you get used to using exchanges so that you could trade with a whole lot more of people plus a larger volume. Plus, its a lot more hassle free since localbitcoin exchanges and meet ups require prior contacts and the like, plus, there may not even be a localbtc exchange in your location. So I'd rather get used to exchanges tbh, their services are quite nice and fees are at an acceptable range. It is disadvantageous to use exchanges when your trading small amounts since the entire volume of yours may be even used to pay the gas fee instead.
5722  Economy / Trading Discussion / Re: Do long term holding profitable in all cases? on: November 07, 2019, 12:50:19 PM
Yes and No. Profit-making has a lot of factors involved in it and it isn't just a matter of holding it for a long time that makes it valuable. You may have to hold it for a long time but if it's a trash coin, then you wouldn't profit still by the end right? But no one really knows if one is a trash coin or not in the first place, until it booms or until it drops. It entirely depends on the foresight of one and the ability to respond to cases where it may suddenly drop, so you let go to limit your losses.

As for ETH, well it is a good altcoin, but in the end, its development is still limited because of a huge enemy, the Bitcoin. It steadily grows, but ever so slowly because all attention right now is in BTC. if BTC somehow gets f*cked up, like one way or another, a probability is that ETH would take its place, and a boom could happen then. Well, it's just a scenario though and I doubt it could happen but you never know.

Long story short, Yes it could, as long as your foresight is pretty good, profit should come, and No, if it's bad or the market just rekt your life.
5723  Economy / Trading Discussion / Re: 5 mistakes every crypto trader should avoid on: November 07, 2019, 10:08:01 AM
Now that we’ve had a chance to take a look at the 5 mistakes every crypto trader should avoid, we have to ask ourselves: What exactly is the key to trading crypto?

That’s pretty simple: Patience. Don’t be afraid that you’re going to miss out on the next big thing. The crypto market is constantly growing and changing and there’s more than enough investment and trade to go around for everyone. Don’t invest in altcoins that you aren’t sure about, don’t give into FOMO, and don’t trade above your means.
The one thing that most beginner traders fail to understand is this. Sadly, saying it and truly understanding it are two different things since I also came from that time after all. One professor of mine in the past taught me this, since well, he was also pretty impatient.

To practice overcoming your impatience, try doing a hobby of sorts that require meticulous work. Like the one that with just one touch, everything goes haywire kind of thing. His hobby was building Gundam models and honestly, it was quite inspiring since I never taught of hobbies like that as something that could help me as a person. Once I taught about what he said, it dawned on me that it really is true. Patience stems from you being able to endure, being able to adapt, and being able to wait for the result caused by the end, you would see something wonderful that was made by your own hands. Trading could be said the same but waiting could be said to take the majority of it, but there's also the studying part and analyzing part also so its kind of similar.
5724  Other / Beginners & Help / Re: Best Resource for Cryptography Books on: November 07, 2019, 08:56:52 AM
For beginners why don't we start with cryptocurrency for the moment before we go on to cryptography, the two has some close relationship with the two being secured and protective to it users.
Uhhmm Im pretty sure this is wrong? Well they may seem similar but Cryptography is actually the "process" of securing and protecting the content itself where only the user whom has access to the Decoder could understand it. Cryptocurrency is the "result" of that process. They may sound similar or maybe even look similar but are quite different from each other.

Anyway, its a pretty nice list but its more catered to users whom know how to code or are in the field of mining rather than traders. If one were to start learning coding though, this could be a pretty nice list.
5725  Economy / Speculation / Re: Market Forecast on: November 07, 2019, 06:15:23 AM
The market should be moving quite nicely in the next few months. China, being one of the largest countries that hold a lot of miners, have finally let go of their bans and are starting to open up to crypto. Plus, they also announced a cooperation with Hongkong for the development of blockchain technology, so we can expect that China is starting to open up its gates towards crypto once again. More should follow because China is one of the largest countries after all, so we could expect a lot of people to start studying why China did as such, and should see the advantages of Crypto. This should open up the market a lot more than it is now.
5726  Economy / Trading Discussion / Re: How to learn bitcoin trading? on: November 07, 2019, 05:25:30 AM
Security tips:
Use hardware wallets
Use multiple emails and a Virtual box whenever opening suspicious links that you REALLY Have to open
Other things to consider:
What kind of investment do you want to do?
Do you have money that you are willing to lose? If no, then stop trading.
Don't go to debts just so that you could continue trading.
Study on your own, produce your own trading techniques and skills to analyze the market
Don't FUD, trust what you think should be trusted.

Well, those are mostly simple tips and the fundamentals of trading should still be researched by you alone. Refer to books and youtube videos and you should be fine to go. And by "Fine" I mean ready to lose money for the first time? haha
5727  Economy / Trading Discussion / Re: BEGINNER TRADING BOOKS TO READ. on: November 07, 2019, 04:02:14 AM
You could also try some trading simulators online. Though don't take the entire experience as for real, at the very least, you should be able to know what to expect. Plus, I honestly believe that experience is the king of teachers, so if you're learning how to trade, learn how to accept a loss at the very least. If you're trying to lessen that loss when you first start trading, If you have any specific questions, just ask here but I'd rather start trading first after learning the very basics so I at least know the experience. Plus, Trading in crypto market and other markets could be quite different, so I'd advise staying away from books that don't have any details regarding what crypto is.
5728  Economy / Trading Discussion / Re: Market Price Vs Limit Price on: November 07, 2019, 03:32:09 AM
Limit Prices are generally much favorable whenever talking about making a profit. Besides, Market Price offers the fastest transaction possible so I doubt that you would often use it, other than when you really need the cash. That is just basing on the definition of the usage of each one, but it could change depending on situations. I'm more inclined with Limit Prices since I could wait, but its quite risky at times since the order may not even go through. But it is a lot more advantageous if the market meets your Limit price though, so its really a matter of situation. You never know how the market could go so ordering a Limit price may or may not have the results you wanted.
5729  Local / Pamilihan / Re: Digital Currency para sa mga bikktima ng Lindol on: November 07, 2019, 02:40:31 AM
I'm not sure if cabalism's bitcointalk charity program could also be used for this purpose.

I'm not against the initiative of the foundation. I just prefer to donate my coins to people who knows how to deal with cryptocurrencies.
Its almost quite close to bandwagon imo. Idk, di kasi nag pupush sakin na alam nila talaga how to manage Cryptos and even how to manage it as a type of donation. Sure, its for a good cause, but in the end, its only them that only knows if by the end of everything, every amount donated will go to donation. I'm pretty proud, not gonna lie. With how Pacquiao's foundation taking the initiative to adopt BTC para sa type ng donation but in the end, bansa natin to eh. We all know how corruption works in here. Kaya no doubt, ang hirap magtiwala agad.
5730  Economy / Trading Discussion / Re: Trading simulator about cryptocurrency on: November 06, 2019, 04:23:20 PM
You can try out Wall Street Survivor or How The Market Works. Some of the few trading sims that I know. If you don't particularly like the said trading sites, you can just look up and do your own research about them. It's literally the digital age, the internet can be accessed easily with your own very hands. Goodluck with trying it out though, but don't expect that everything you learned in simulators could be used in the real thing.
5731  Local / Pilipinas / Bullish time? on: November 06, 2019, 03:40:40 PM
Mukhang nag let go na si China sa regulations nila about sa BTC mining ang China. This could be a call sign para sa bullish run ng BTC for this end of the year, we never know though. PLUS, nagsign na si China and Hongkong ng agreement para mapush yung Blockchain technology. Long story short, nagkaroon na ng MoU ang dalawa para magproduce ng trade finance platform that could potentially be a"more convenient trade finance".

In all honesty, ang pag push ng China for blockchain development and slow acceptance nila sa BTC is really awe inspiring since they truly trust the potential of those, and I do as well, which makes it really awe inspiring for me. The end of the year na pero dumadami pa rin ung moves ni China towards positive response sa adoption of cryptocurrency and blockchain tech, which is evidently good news for the crypto community right?

Source: China removes ban of Crypto Mining
China and Hongkong signs an agreement.
5732  Economy / Economics / Re: ‘Bullish for Bitcoin’ — China Scraps Plans to Ban Cryptocurrency Mining on: November 06, 2019, 02:58:27 PM
They had no choice I'd suppose. The mining population in china is way too huge and this could lead to huge losses for their economy there and then if they stricly enforced the ban. I'm more surprised they even started such a ban in the first place. Well, this looks like another country has started to look at crypto in a positive view once again, but this time, all the world knows.
5733  Other / Beginners & Help / Re: Are Airdrops worth participating in? WHERE to find all of them? on: November 06, 2019, 01:15:29 PM
Nope. Nuh uh. It'd be a lot better if you actually spent your time studying up BTC or other Altcoins. If it were back a few years ago, I'd definitely say yes. But its not anymore, people have learned their lessons, the market has matured, it's time to move on and study up properly how to earn with crypto.

But if you're sure your looking for one, just google some up, and those top sites should have been reviewed already which should probably be in the top searches.
Some others have already given airdropking.io so I aint able to give anymore sadly.
5734  Economy / Speculation / Re: What's next? on: November 06, 2019, 09:36:10 AM
It's correcting itself right now. There aren't many things to consider for now since it's pretty silent so far, but the longer the silence, the longer BTC has in being corrected and accepted by the market. Plus, i doubt the whales were ever considering the reactions of the market, its been happening since long time ago, what more in the future right?
5735  Economy / Economics / Re: Where's my free money? on: November 06, 2019, 08:43:11 AM
Fake news bro. Well not really since it could still be possible in the future, but a prediction is in the end a prediction. It's called one for a reason you know. Tbf, McAfee's word could be said to not be trusted anymore, with their predictions all over the place. I even doubt that any even believe in them anymore.
5736  Economy / Gambling discussion / Re: Skill based gambling platforms - does anyone know? on: November 06, 2019, 08:25:15 AM
Gambling? No. I don't think that's called gambling anymore but should rather be called a tournament instead. It's more on the side of fighting others based on your skill after all. If you're betting to yourself, well, that could be called gambling in its own but I doubt any would create such a platform. I'd rather join tournaments with entry fees since that could also be called a bet, where you bet the entry fee and the reward is the prize pool.
5737  Alternate cryptocurrencies / Altcoin Discussion / Re: Coca cola bottlers use Blockchain on: November 06, 2019, 05:16:53 AM
Coca cola joins the party of good decision makers, Just like walmart! Next on their list should be adoption of BTC as mode of payment in their stores. It is a given that Blockchain tech could give out pros in business processes but it isn't much noticed because of the lack of professionals in the field that could be hired by companies. Although now that a lot are surfacing, a lot of countries and companies are now focusing on it. Just look at how China and the FED started rushing research for blockchain technology.
5738  Economy / Gambling discussion / Re: Arbitrage on sportsbetting is possible? on: November 06, 2019, 03:23:53 AM
It's pretty imaginitive to evem hope for these kinds of odds tbh. Dude, just look at various events happening in bettings and you'd see that such odds never happen, even across betting platforms. Plus, the losing sports betting site would surely go bankrupt if ever it continues such progress of setting odds. Its like your asking gambling sites to let everyone profit, which is not gonna happen. Its each man for their own here.
5739  Economy / Gambling discussion / Re: Impact on gambling on: November 06, 2019, 01:26:28 AM
Luck luck luck luckkkkkk. It's called a gamble for a reason naturally. It's almost pretty impossible to talk to skill when winning after all. Plus, even if calculations are involved, there would still be times where no matter what, a loss would still occur a 100%. Just like choosing a queen out of a deck of cards, with pure luck, it almost seems impossile, but its STILL possible.
5740  Economy / Economics / Re: US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies on: November 05, 2019, 02:01:38 PM
Can this news be linked to the openness of the Federal Reserve thinking about the creation of digital currency, even if it is stable and central? As it can replace the cash dollar?
The article I had sourced actually answers this.
Quote
  “I see no argument that makes sense to have something that complicated out there when you have large, liquid capital markets in the U.S. Not having one currency that you can basically price things and have a deep market in, that makes life much harder for the global economy.”
Basically, the thought was, "To end US dollar dominance makes no sense". Looking at it from their side, yes it does indeed makes no sense. It's also quite difficult to transition if we ever want to replace US dollar as a base price currency for the entire economy. Though thinking of it from the outside, I'm pretty sure the FED is just afraid of digital currency dominance in the future, so they are pushing for whatever they could right now when they still hold dominance. Just the fact that they are starting to pay attention and spend resources to Digital Currency research is proof that they are pretty much in fear of what Digital Currency could do in the future.

Source: https://cointelegraph.com/news/us-federal-reserve-hiring-new-manager-to-research-digital-currencies
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