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5941  Economy / Speculation / Re: BTC broke through 33,500 USDT on: July 12, 2021, 11:36:19 AM
Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

We don't know what's next that going to move right now, let's just be calm on this state of btc. It might not perform well in the next few days, because it seems that unpredictable fluctuations has heading for a strong support to break the bears. Bullrun needs adequate momentum before we push through our asset, in order to decide and take our sustainable profit gains.
Calming down is what we need to do now and always analyze the market if we want to trade or just hold. Bitcoin price drops again after touch $34k and now the price is back to $33k. Although it is a good time to buy more bitcoin at a price now, hopefully, people are not panic because that can impact the price to go down for more.

The drops in bitcoin price do not impact altcoin too much because some top altcoin lists still at the current price and not moving down significantly. But if bitcoin still goes down, that can impact the altcoin price to go down for more.
5942  Alternate cryptocurrencies / Altcoin Discussion / Re: China says no to miners mean something else on: July 12, 2021, 10:40:12 AM
What do you guys think about this? I have friend in China and they told me that their government don't want people to mine any more even if you decide to pay them 10% of your mining reward or pay more electricity bill, their plan is no more miners in the country, what do you think is going on here?

My own reply is the government don't want self made millionaires, they want more workers for the government and crypto mining isn't making that happen, am I wrong?
If that's true, I don't think you're wrong, or you're right. As far as I know, the Chinese government has orders that make its people obey the government's decisions. And if it really does happen, then this will have an impact on the crypto world.
Hopefully, the impact will not be too bigger because we have other countries that support crypto. Let the Chinese government ban crypto or not allow their people to use crypto because other countries will support crypto. It is normal to see the Chinese government does that because they can not control crypto or have a plan or want to use crypto for themselves and not for their people.
5943  Bitcoin / Bitcoin Discussion / Re: The Crypto bans are temporary, we are on the right side of history. on: July 12, 2021, 09:28:52 AM
Yes, bitcoin will become stronger in the future. Although the crypto ban is happening in many countries, but that will not stop bitcoin from growing. Bitcoin will open a new chance for people to have a new way in the financial method.

Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
I usually think positively about the future. I understand that those countries who ban crypto have their own stance, they didn't like crypto as they can't control them, they can't use their power instead. But honestly, they just care about their power and personal interest, not the benefits of their countrymen.
It could just hope that they will consider the importance of crypto in the current generation and they have to forget about what they can get but to look what they can provide fortune to their people which I think was more important...
Instead of thinking negatively, we better think about it positively. The government can decide to ban crypto, but they will allow crypto in the future, especially if they can benefit from crypto. If they can be open minded to crypto and see the chance to get more revenue from their people because of using crypto, they will change their decision in the future. Until that time, we better think about how we prepare ourselves so when that can happen, we are ready for that. If they really care about their people, they will learn about what is crypto and how crypto can help their people so if they can use crypto in their finances, that will be good for them.
5944  Bitcoin / Bitcoin Discussion / Re: The Crypto bans are temporary, we are on the right side of history. on: July 11, 2021, 11:33:40 AM
Yes, bitcoin will become stronger in the future. Although the crypto ban is happening in many countries, but that will not stop bitcoin from growing. Bitcoin will open a new chance for people to have a new way in the financial method.

Maybe the government can not accept bitcoin right now, but they can accept it in the future because bitcoin will have much time to wait until that time. We do not have to worry about the bad news because that will change into good news. The history will repeat in the future and we will see bitcoin makes a new history that will be different from the previous history.
5945  Economy / Trading Discussion / Re: Question for bitcoin traders !!! on: July 11, 2021, 10:53:42 AM
If you want to be a bitcoin trader then adapt the behaviour of bitcoin, don't simply learn about trading like stocks and forex then enter into the cryptocurrency trading because both are completely different level of volatilness. The goal is to make money but you can't keep making no matter how good your analyzing skill is...
Forex trading and bitcoin trading will not be the same but maybe some forex trading indicator can be applied to bitcoin trading but I do not know which one. If you are interested in bitcoin trading, maybe searching for a bitcoin trading lesson will help you understand that. The more you can learn about bitcoin trading, the more you will have a chance to make a profit. But it is not easy to learn bitcoin trading as you need to spend some time to learn and experience that you will get from every trading that you do.
5946  Alternate cryptocurrencies / Altcoin Discussion / Re: How crypto currency change your Life? on: July 11, 2021, 09:50:01 AM
Cryptocurrencies have changed my life a lot, I currently spend more of my time at home, and this fits perfectly with the current "pandemic" conditions. In Crypto there are many ways to earn money, it can be with certain works or abilities. here I also learned a lot to manage money and emotions.
We do not deny that crypto change our life a lot and many of us can have a better life. In this pandemic, while we stay at home, we have much time to search for more ways to earn more money from crypto. Cryptocurrency gives that chance to make money but people do not want to try. Crypto also change my life and I believe that I will get a better life like other people in the future, especially if I can get more potential crypto to hold or trade.
5947  Economy / Speculation / Re: BTC broke through 33,500 USDT on: July 11, 2021, 08:42:54 AM
This day seems the bitcoin price will not go anywhere like yesterday. Hopefully, tomorrow, the bitcoin price can move higher and even that will not increase too high and only back to the last high price. That will not be a problem as that can give altcoin to moves to the high price.

These situations will not be easy for traders to enter the market because they can get in a trap by buying at a high price. After all, we do not know if the price will increase or decrease. The best thing that we can do is just watching the price and wait for a while and make another strategy for tomorrow.
5948  Other / Archival / Re: Scalping is the most controversial way to make money. My experience for 4 years on: July 11, 2021, 08:19:38 AM
Did you make decent money doing this though?  But is scalping still possible nowadays if you have access to many exchanges?
I suggest you use one exchange to scalping trade because that will not confuse the analysis of the coin movements. If you use many exchanges to trade, that would be called arbitrage trading, which is more difficult than the scalping trade. Scalping trade itself has its difficulty and not many traders can do that.

You need to have skills to analyze the coin movement because when the price can move fast up and down in a time frame such as one or two hours, you can use buy low and sell high. Otherwise, you can just buy and hold. Nowadays, scalping trade is still possible because I see some coins can move fast up and down so you can expect to make a profit, but the profit will vary every time you trade. Many things you need to prepare before you scalping trade.
5949  Alternate cryptocurrencies / Altcoin Discussion / Re: Earn BNB by holding a token. on: July 11, 2021, 06:53:06 AM
I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
If you really want to earn passive income, you can use Binance and hold some BNB to earn tokens because that is how you can have more new coins listed on Binance. You can stay away from the scammer from telegram because we know that telegram has many fake programs, including investment programs.

By holding BNB in Binance, you can also earn a reward in BNB, so you will have a chance to increase your BNB amount. The investment program will always attract attention from people because they want to invest in the right program. But unfortunately, they did not search for what is right instead just follow what other people suggest.
5950  Economy / Speculation / Re: 22 july, BTC 20k$ or 70k$? on: July 11, 2021, 06:00:18 AM
Whether Tesla will accept bitcoin again or still not accept, if the bitcoin price really jumps to $70k on 22 July or in the next 27 July, I am sure most people will wait for that and accumulate more bitcoin at a current price. They will not let the chance to make a big profit from bitcoin leave them without doing something.

But I do not think that will be easy for bitcoin since the price does not increase significantly and still sideways from a few weeks ago. So I guess that the price will start to increase slowly and not jump in a second in one night. It will be good for the bitcoin movement if the price can increase slowly by slow as it could attract more people to buy bitcoin at a current price. We need to prepare ourselves before everything changes because that will be too late for us to buy bitcoin at a low price.
5951  Economy / Gambling discussion / Re: signs of gambling addiction on: July 11, 2021, 05:06:01 AM
Borrowing either from family or anyone outside to gamble is a no-no once you see that sign, you should know you getting addicted to gambling. Gambling is made for fun in a free time anything outside that is a wrong signal.
For addicted people to gambling, borrowing money will be their only way to have money and continue to gamble, which could be a sign for the addicted person. Maybe they will lie about what they will do with that money. We can admit that playing gambling is just for fun but we do not know that people out there use gambling to make money. They know about that, but they still playing gambling and finally, they become addicted to gambling.

So far some players wouldn't really think of borrowing money but they may in need of money actually that is why they gamble. I consider myself in need of money too but the only coins I bet are the ones I got from casinos tokens which I receive as dividends.

I can admit that I'm actually thinking of betting while I'm in bed. Do you guys think it's harder to get out of addiction if you own investments in a casino where you receive tokens?
If that is the case, maybe you can search for other ways to make money. I am sure you will find that way to not risk your money for playing gambling to make money. You can realize that when you play gambling, that does not give you or solve your money problem, but it could give you the other money problem.

Let's say you got the token as dividends. You need to prevent your mind from using that token to gamble because you see that you do not have a chance to win more money instead, you can get lost that money. In this matter, you need to have control for yourself so you do not use that token and let the token grows so in the future, you will have a chance to sell the token and get your profit. You need to stay away from playing gambling before it is too late to realize.
5952  Economy / Economics / Re: The first rule of investing is saving on: July 11, 2021, 04:30:21 AM

If they do that for, let say, one year, they will see their investment value will increase. But if their investment value decreases, they can continue to invest in bitcoin and allocate more money.

It needs the discipline to invest in crypto because that will not be easy as the market can increase or decrease in the future.

precisely. if he invests in Bitcoin, then he will no longer doubt the extraordinary things in the future. if he already knows the potential of Bitcoin, no matter how many times the price drops, he is always sure in the future that what he is investing in is a means of reaping extraordinary results. Therefore, back to the context of one's beliefs and mindset in setting aside money for savings. so, for me it is a good decision to choose Bitcoin. but apart from Bitcoin I'm not too brave to invest above $100 per month. specifically for Bitcoin, I believe anytime and anywhere. it was the best choice for me personally.
The beauty of bitcoin (I would call it the beauty of how we can invest in bitcoin Grin) is we can invest in any amount, even we can buy bitcoin for $1, but we need to consider paying the fee of the transaction if we buy from the exchanges. Maybe we can try saving the money for $10 every week or month to invest in bitcoin for about one or two years. We do not have to force ourselves to invest in bitcoin using big money if we do not have much money, although we know the potential of bitcoin in the future. We need to manage our funds because we need that money to survive this pandemic, but we also prepare our future by invest in bitcoin.
5953  Bitcoin / Bitcoin Discussion / Re: Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July on: July 11, 2021, 03:03:36 AM
I hope too that people, especially those who are fond of Elon Musk, will be careful and won’t allow impulsivity take up their minds after whatever these personalities state in their event. Regardless if influencers have some fault in the past happenings in the market or may it be the whales, people must be conscious and take the learnings reaped in the past. I just also want to be hopeful that their event would educate and attract people to explore crypto which could also leap into mass adoption.
One person can be conscious of their mistake but the other makes the other mistake. Well, that is always happening like that. Suppose both Jack and Elon can educate people on how they can use bitcoin, how they can mining bitcoin using renewable energy, how they can save their bitcoin. In that case, that will give people interest and open people's minds that bitcoin really gives them a chance to participate in the bitcoin world. That will be an attractive show for people to have education from the influencer and give that a good name for both Jack and Elon (after what he did before).

someone says they are going to talk about btc mining and on how btc works .
 this can be another attempt to convince elon to go back in btc and explains that there are other greener ways to mine a btc and not only with direct electricity that we found inside our home .
 this is interesting to watch , let see if how will elon respond this time .
Maybe that is the main discussion by both Jack and Elon, but if they can give another thing for the audience, that will attract more people to watch the meeting (if the public can access the meeting).  Hopefully, they open a channel that will be a talk show on television to invite more people to join them and discuss with them.
5954  Bitcoin / Bitcoin Discussion / Re: What are some interesting ways you've introduced bitcoin to your friends? on: July 10, 2021, 06:17:59 PM
Maybe the way we can introduce bitcoin to them is to invite them to see how we use bitcoin. If we often trade or invest (just buy low and sell high), we can show them directly and ask them to install an app on their mobile phone.

In this example, I use Binance and I tell them to just buy and hold for a month until three months. But I advise them to buy for small amounts such as $10 every week to have some amount of bitcoin in their wallet. While they did that, they will see the price is up and down and if they ask me when they could sell bitcoin, I will answer just sell whenever you see the profit.
5955  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does anyone hold KCS? on: July 10, 2021, 05:28:07 PM
I hold less than 10 KCS and it stays in my KCS account. After reach the ATH, KCS is going down and reach the bottom, but I guess KCS price can back increase someday. Unfortunately, KCS is not available on many exchanges but it is only available on the KuCoin exchange so I think it will need some time to see KCS increase. If the KCS price can down for more, I will buy more KCS and hold it.
5956  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think the London hard fork will lead to a recovery in the crypto asset ma on: July 10, 2021, 04:42:44 PM
I prefer to wait and see what will happen to ethereum because there are only two possibilities that can happen to ethereum, which is the price will increase or the price will decrease. The price seems stable to the current price and not up and down too deep because bitcoin itself is not moving too. Ethereum will need to wait for bitcoin moves and if after the hard fork, the bitcoin price is not moving higher, maybe ethereum will not move too. But in the future, ethereum will have a chance to increase.
5957  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH to $10K? on: July 10, 2021, 04:01:06 PM
Well Ethereum is one of the few coins that does indeed outperform Bitcoin at times. Every now and then when Bitcoin pauses its bull run, it does happen that Ethereum catches up and reduces Bitcoin's dominance. As the two have fundamentally different value propositions, it does also make a lot of sense. If the new upgrades can be rolled out perfectly, that's another good sign for an upwards movement over the next few months. If it will be the ATH again, who knows.
Maybe it needs some time for the upgrades to affect the price because as long as the bitcoin price does not increase, ethereum will also not increase. But I guess the price can move for a little to give a chance for people to make a profit. After the next upgrades, I think we will have to see another announcement related to the upgrades and hopefully, at that time, bitcoin can start increasing, so ethereum will have a chance to increase. It is better to prepare since the update will happen soon.
5958  Bitcoin / Bitcoin Discussion / Re: Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July on: July 10, 2021, 03:33:30 PM
I hope it will trigger bitcoin price to increase without Elon can stop Grin

I hope Jack can be careful with Elon after what he did before because Jack does not know what Elon will think later. Hopefully, that meeting will not impact the bitcoin price and only increase after that meeting.

Before that meeting, I think there will be news from Elon or Jack about what they will discuss to predict what will happen to bitcoin later.
5959  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin spinoffs devalue Bitcoin over the long term? on: July 10, 2021, 02:47:50 PM
no, it will have no effect on bitcoin in the long run. although in the future there will be another hard fork and produce a new copy of bitcoin, there will be no significant impact for bitcoin development. because people prefer to hold BTC, and assume all copies are altcoins. if it is possible to devalue bitcoin, it should have happened since the first hard fork. but the reality is not like that.
The hard fork of bitcoin will not have a chance to compete with bitcoin because they are split from the main bitcoin blockchain. It is no problem if there are more hard forks because that will not affect bitcoin. Bitcoin price itself will still increase as we predict, while the hard-fork coin can not follow in price. Yes, the hard-fork coin will be an altcoin, but that can help us profit too as bitcoin, but the profit will not be bigger.
5960  Economy / Economics / Re: Cryptocurrency is the biggest investment opportunity in the future on: July 10, 2021, 01:30:01 PM
In the future, governments will start using their own digital currencies instead of fiat money. When it happens, cryptocurrency market can still exist but there will be only the powerful ones left then. And I believe that cryptocurrencies will still maintain being the best alternative to digital currencies which are developed by governments.
Hopefully, that will happen in the future. Meanwhile, we as crypto users need to use this opportunity by having many potential coins from now on so that we can have a  better life in the future when that time comes.

But we need to be aware of the bad news that will always come to the market and make traders panic and do not know what to do. You need to keep your bitcoin and not panic like them.
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