This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?
I think government will regulate like legalization about exchange or any other which is about permission. But for ownership or how people access bitcoin sites, i think government can do that because people will have other ways to save their coins or maybe access sites that related with crypto. I hope in my country there are no regulation for crypto because people will forced to pay tax about crypto and honestly i don't want it.
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Yeah, this thread is for these kind of people. If it's too late to buy, then why don't you never think about opening a short position on futures trading? I really just don't get it. Imagine, if you open short position on futures trading right now, it means that you can get 50% profit it price falls on 30K USD and in this case, the money that puts you into risk of liquidation is 120 000 USD, i.e. if bitcoin reachs 120K, you'll get liquidated but if you think that bitcoin won't go further and it's late to buy, then you can get decent profit on your capital. The reason why I opened thread about this is that people often think that they can only buy something and don't realize that they can do borrow sell too and get profit even when price falls.
Sometimes, who late to buy in market think double, how if the price still increased, or maybe how if dumped. That is why sometimes they afraid to do short because crypto price usually unpredicted. For me, mostly i am just think will jump in the next circulation after dumped to buy some maybe than speculate in the middle of pump process.
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Blockchain gaming is the future, even in bear market I believe that games like axie infinity and others will continue to do well because many people are making a living off blockchain games as we speak, the adoption rate will never stop
Usually the early project is legit, and the others just following up. Usually after seeing a success project i really analyze to join others because once again we don't know what developer aim for his project. Not means it is bad but we should analyze more than usual like community or maybe how the progress of the project goes. And then we can coin, i think for that, late still better than regret.
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For me financial stability is more free money. I mean there are a money that i can use freely beside my savings, investment and any other assets. I think financial stability for people mostly about how much money that they have, although maybe some people said that not much money but they need to fulfil their needs first and of course not only that, they need to gain happiness and that need money.
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I am interested what do you guys use for payments.
I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
Doing this little research because I am preparing project I will appreciate honest answers and comments
Thank you
I am not said that bitcoin is bad as payment because now there are a lot of solution already came for bitcoin transaction problem (which is fee transaction and speed of it) but i personally if want accept crypto as payment, because i am not a speculator i will use stable coin. For now there are a lot of networks that can be used and i don't need to afraid if want to hold payment from people, it is same with what i want to use as payment, because stablecoin is stable, and sometime we not want to pay more when price of other coin which dumped and then pumped again.
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Focus to answer the question, i think i will still use fiat as daily transaction. I believe although government on a stage which is they launched their own crypto, in my country not all people can reach it. Because for now even digital fiat, there are people who still not use it and use physical money, and i am who mostly doing transaction in traditional way, still prefer physical fiat for transaction.
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hi guys please help me
how i can learn about traiding
still im on 0 level
from where i can start???
Learning trading can be start to watch video about trading, how to analyze and how to read chart in market. Then maybe look for trading site that allow us to use demo account, this is to practice technical analysis. And then start with little amount of money, if you already enough to practice, maybe try bigger each you get success and profit. I think that is common step that people will say, but i think it is worth to try.
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Do you think Bitcoin will touch the 1 million milestone in 2022? I think Bitcoin will cross 80 thousand dollars in 2022. What do you think?
$100k maybe can be possible if there are no bad news that can really give big impact to bitcoin in 2022, but for 1 million i don't think it can easily happen, because people if bitcoin get too high, maybe people will harder to earn it and maybe sometimes it can get bad impact, because 2021-2022 is a short time to get pumped to that high. Fast pump usually following by fast dump too.
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Community means everything in crypto space, there are many people who think that shiba coin won't enter top 10 on coinmarketcap well today we did it, now that we are in bull season I'm sure more surprises is coming, shiba is more than a meme coin do your own research before judging the project, Dogecoin that was loved by the community for few years now got flipped
If a coin can be success, then developer and it's community doing their job good. Maybe if Shiba which is underestimate at first and it can rise for now, other coins have chance to gain that too. But it is all depends on it's developer, what are they aim when created the coin. If a lot of coin can be success, and get positive responses from people, crypto can rise more than before.
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Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions. Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies. That's why I don't like anyone to know I'm in the Crypto business. In my country not only criminal, but government who search people and ask for tax usually came too. I think people don't need to show his wealth because it can attract bad thing more than a good thing, it is good to do self reward, but maybe we should know if in social media, not only people around us but there are a lot of others that can see our life and we must protect our personal thing for ourself only.
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I Am stock in-between the decision to trade and when to go on a break from trading, but I will like to have my capital on a stable trade and am considering using the stop lose features on the exchange to execute trades on my behalf while being away. So have anyone used the stop lose the feature please share your experience.
Not only while we being away, because for now trading activity can be done in mobile too. Maybe will be used for something that we really can't avoid to do like sleep, of course we don't want to get liquidated when we are sleeping, and maybe if really worried that market will move againts what we aim.
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There are a lot of ways of now and people can choose whatever strategy to made them rich in their own way. If in past maybe in trading activity there are mostly people do spot or margin trading, now we can choose any type of trading, kind of investment, etc. As long we know there are a risk behind it and we must know strategy to minimize that risk. With that, we can be successful in crypto world.
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I never bought physical thing with bitcoin yet, because when it started with digital thing, my government already made statement that no more else than fiat (digitalized of physic) can be use as payment. But it really help me, when i need to buy like electricity tokens in midnight while almost all shop already closed, paying something with bitcoin can help me to buy it even in midnight or maybe in early morning.
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Do you use technical analysis when you trade bitcoin? If yes, what are the best strategies? Bitcoin is so volatile now.
For bitcoin usually i am not use technical analysis, usually i follow what news or maybe rumour that will be happen to bitcoin, if missed so i will hold it. I think if compare bitcoin trading to altcoin trading is have little differen, for me and this is only personal opinion. Because risk in alt, although price moving faster than bitcoin still need technical analysis to see where it will go. And bitcoin usually tend to stable and maybe increased, although usually only a little percent.
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So we have 3 places to make predictions on Bitcasino.io ( forum, main site and pizza.io ) hope to get one My order has been sent to the oven 1 Bitcoin for 3860 pizza Also going to order some real pizza on my profit here happy to see dogecoin available on bitcasino good luck everyone
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49,011 EUR Username: DewARR
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Do you spend your Bitcoins or just hodl?
If you spend What for and do you miss something that cannot be bought for Bitcoin yet?
If you hodl For how long and why don't you spend? Do you have exit strategy or you will spend it after you can buy your desired thing?
I spend some of my profit, usually for daily needs or maybe if i gain much, i transfer some of my money to other business. Maybe selling something or another assets like property. Because i know crypto trading is risky and we don't know when actually we will face a losses in trading, so made a back up with real business can be options.
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
This is only personal opinion, but if me i will change to a new coin, or it is all depends on economic condition of the trader. Because if i still have spare money to trade, or maybe to regain my capital back and i still can hold my doge while doing it, then i will hold. If don't have other choices then i will sell, because waiting will only waste time and maybe chance to gain profit in other coins.
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We have had several hyped coins and token lately and many have been a victim of hyped projects that ended up crashing in not long after attaining a very little profit margin. Been extremely careful with how we go about our analysis will help save a lot. Just wondering why developers would come up with nice projects only to crash after a short while keeping investors in losses.
Control ourself is very important. Because fomo cause us to made decision without any analysis and that happened with a lot of people. Sometimes is hurt to missed a moment in trading especially when we see a coin get pumped a lot and we have resources to buy it. But for me, better missed than sorry. Because if we late, and the coin is already pumped, it have big chance to dumped again and we stuck in high price.
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What way do you take your profit ? Or you feel the regained profit is same profit that you lost If me trader who mostly did a mistake, if must think profit is different each order and i must gain when every i made an order in market, maybe will be stressful for me. Because honestly i still bad in trading , so i only collect my profit and loss and always made it as an 1 profit that i gain in my trading activity. Because we trader can't always get a profit, trading is a thing that have risk too and we all know about it. So, when we made mistake, just try to regain it but don't think to deep that we loss our profit before and force ourself to gain profit in all orders that we made.
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