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61  Economy / Trading Discussion / Re: A question about trading liquidity on: June 02, 2024, 08:25:40 PM
Hmm, Nope it's not liquidity that decides the profit or loss but the trader itself, it's the trader who decides his trade in profit or loss, Liquidity is not the reason for the change in market price, it's the trades getting executed.

Liquidity is ese with which we can buy or sell coins/tokens, Higher liquidity = lower price changes in the market, and lower liquidity = higher changes in the market price. For the rest in order to go deep into this concept I would like to hear more from your side, to know what is your perspective about the liquidity and price fluctuation in the market. But yup liquidity itself cant generate profit for traders or projects.
62  Bitcoin / Bitcoin Discussion / Re: Can small countries in accepting bitcoin as legal transaction? on: June 02, 2024, 08:14:25 PM
we know to be the first country in the world to officially accept Bitcoin as legal tender. This was followed by the President of El Salvador, Nayib Bukele, who announced that the government would start buying 1 BTC per day on November 16 2022, but can other small countries follow in El Salvador's footsteps and what are the country's challenges in this regard? This might be a very interesting discussion to see that so many people from small countries are interested in cryptocurrency, more specifically Bitcoin

Hmm, buddy that's not possible maybe on some level people can be influenced to use Bitcoin for their payments but the government is not going to support maximum transactions in Bitcoin, because it will directly impact their tax, collection economic policies development, and their entire economic cycle Because movements manipulate the economy and the flow of money through banks to run the economy of any country in Bitcoin they won't have the power to do such things.

That's the reason, my perspective is governments are never gonna encourage such things. Yup there's some exceptions possible as well.
63  Bitcoin / Bitcoin Discussion / Re: How to get a crypto asset? on: June 02, 2024, 08:06:28 PM
TBH, you are a web developer with the highest experience qualification, I cant even think of how your life can be such miserable, I Know 7 BTC is a big deal and your portfolio got destroyed still crypto was not your ultimate skill, don't you have handsome paying Job now, because I can't even think like such high experienced person doesn't have a job or his own IT institute, for real people who stared their career 10 years back now the industry giants.

At the same time, how could you get convinced by putting all your eggs in one basket (LUNA), OG's making such a big mistake is a new time era, hard to believe anyway I pray you to get somehow any help but my recommendation is you focus on your development career. That is the only chance you have for now. For the rest make sure to stay in touch with the market as well because it can boost your earnings as you are already experienced enough to get maximum profitability.
64  Local / Other languages/locations / Re: Pakistan on: June 01, 2024, 06:10:08 AM
Monthly Activity of Re: Pakistan Local Thread - May
Hamza2424

Hi fellows!

Asslam o ALikum, kese hoo appp saab loog omeed haa sabke saab theek hone and mazee maa hongee, Khair merit summary to rehti rehti reh gai due to some reasons lekin omeed haa kaa next time wali orr pichle wali compare mode maa bana kaa send karon gaa, Baqi app bi jaantee hoo kisi cheezz kii garuntee nai haa haha. Kuch cheezain achi hain, kuch nai achii jese total post count here in May.


So start karte hain with total post count in May, May meri lucky month thaa haha isme garmi tooo bohat rahi magar hamara thread too thanda pada raha, yahan paar koi garma garmi nai thii itni kaam posts hayee mera diill  toot gyaa 500 bii pooori nai howi loot gyee maree gyee, yee ku howa kese howa, kab howa kise nee kiaa. And salute to our legends and Me.

🥇 1. Sayeds56
🥇 2. Cheema02
🥇 3. GbitG


Next baat karte hain Top 10 active users paa to graph maa data too modjod haa app loog dekh loo baqi maa kuch khass nai dalon gaa isme haha commentary maa ku kaa app loog konsa read karte hoo, khair maa phirse top 10 see bahir hun mujh see 31 dino maa 20 posts naa hoo saki afssos haaa mujhe khud paa haha like really. Chalo koi baat naii mujhe konsa kisi nee inaam dena haaa.

Rest of users list
Code:
1. Sayeds56 [83]
2. Cheema02 [75]
3. GbitG [44]
4. Compromise me [30]
5. Farhan99 [29]
6. Publictalk792 [27]
7. ThemePen [24]
8. ITExpert [22]
9. Nanga Parbat [17]
10. ZAINmalik75 [17]
11. Rustam Meraj [15]
12. Adiljutt156 [13]
13. Hamza2424 [13]
14. Faisal2202 [12]
15. UmerIdrees [12]
16. JunaidAzizi [9]
17. hafiztalha [9]
18. Gladitorcomeback [7]
19. MusaPk [6]
20. shahzadafzal [6]
21. qurbanshah02 [4]
22. snowpega [4]
23. Unknown Op [2]
24. Ab de villiers [1]
25. AgriTrack [1]
26. Alone055 [1]
27. HONDACD125 [1]
28. OHID30 [1]
29. QueenSk [1]
30. STINKYBEE [1]
31. byte_eth [1]
32. irfan_pak10 [1]
33. masumlv2 [1]


Next aabb baat kartee hain merits paaa hayee yahan too waree hi waree howe howe hain, Thanks to our moderator Xal0lex and legend shahzadafzal for sharing this crazy amount of merits to users and thanks to users as well while moving merits between each other, THis is the new ATH of merits with 395 which is not confirmed number becasue 31st kaa merits isme add hain kaa nai kuch idea nai haa reasons puron koo pata haa nayee bande dhondh loo ku.


Ahh abbb baat karte hain active user count kii bahi main to thaaak gyaa hun haha, abb kaya kahon yahan koi improvement nai attiii Allah see dua haa koi mojza hoo jaye or yaahan active users 50+ hoo jain.

Quote
“Allah does not burden a soul beyond that it can bear.” – Quran 2:286

Quote

Note: Merit data is not update as ye weekly update hota tooo  did bar firay was last day so I don't know kaaa 31st ka bi add howee ka nai ye abi updated nai haa, ye count increase hoga i think as DdmrDdmr merit dashboard weekly update hota, and baqi data apko pata haa ninjatic space paa haa just compilation kii haa itna time nai lagta haan commentary maa time jata haa, so a big thanks DdmrDdmr and Ninja haha Ninja technique.
65  Economy / Services / Re: [OPEN] Zeusmix-Instant cryptocurrency exchange signature campaign | upto $125/w on: May 30, 2024, 02:20:30 PM
Forum Rank: Legendary
Bech32 address: bc1q660842ggcj3gtn20px09u3vxr584gj9h98n68j
66  Local / Other languages/locations / Re: Pakistan on: May 29, 2024, 07:27:30 PM
Hmm Asslam o Alikum fellows too kia haal chal sabka khair omeed haa sabb khariyat see honge and sab kaam maa mast busy hngee haha ku kaa busy nai bii hun phir bi busy hun yaaar bohat garmi haa Allah maaf kare bohat bbohat garmi wala poora week guzraa ajj raat koo thoda sakoon haa still 36 se 29 ka darmyaan temprature rehe gaa but yee qable bardasht haa..

Yaqeen manain 48 tak regular full week temperature humne bardshat kia haa and oyee hoyeee abb mujhe pata chal raha kaa mujhe joo iss bar electricity kaa bill ana haha due to overuse of AC.

Khair yee saab too chalta rhee gaa anyway app sunain kia mosam ka halat apki side paa, orr yaad aya merit summary too share hii nai kii abi yee Rikafp wali quoted post dekhi to yaad aya, iss month kii khair yee too university walon kaa qassor haa mid of month was super busy for me, abb ajj din ma karon ga as wessy to day change hoo gyaa but UTC kaa rhetaa haa to 2nd last ay of month maa last month ki summary haha kind of funny bro.
67  Economy / Trading Discussion / Re: My trading diary on Binance on: May 29, 2024, 07:18:43 PM
As long as we are still beginners, this is not an important problem because we can turn mistakes into very important experiences. The hope is that when we have experiences like this, in the future the same mistakes will not be repeated. Those who are currently professional traders certainly have a lot of experience from various kinds of mistakes they have made in the past.

I think it's kind of funny that for the first time ever, I'm posting my third reply on the same thread. Even though I know there's nothing wrong with that, I usually respond late anyway. Why are mistakes important? Most people give suggestions or recommendations, but they don't always follow them themselves—they just pretend to be pros. These mistakes make them realize they should practice what they preach. I've encountered many members like this, and I've made similar mistakes in the past.

When managing live trades, I used to tell everyone never to go all in. But early on in the forum, I was probably an SR member, and there was a coin I was highly bullish on because of YouTube influencers and the hype wave. At that time, I ignored all my trading rules and adopted an all-in strategy. It ended up being a waste of time and funds, with only a pretty average profit in the end. The most valuable lessons come from our blunders and mistakes, but only if we really acknowledge them and implement the learnings in our plans of action.
68  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become better on: May 29, 2024, 05:05:15 PM
Bitcoin will become worst if US dollars is backed with Bitcoin, this mean The FED will own Bitcoin as much as they can and if they able to own all the Bitcoin, Bitcoin's maximum supply is just a theory. People who want to own Bitcoin can only buy it from ETFs or centralized exchange, it can't be moved to non custodial wallet. What you get is only the IOU version of Bitcoin, instead of the real Bitcoin.

At this point where Bitcoin will be the worst if US $ is backed by Bitcoin, I can agree with it, to accumulate Bitcoin they are not stupid to go for the IOU version of Bitcoin, they will directly offer the OTC deals and incentives to them in every means. Haha, they will start a new monopoly similar to the current one printing more money based on fewer reserves hmm in the way they will sell the IOU version of Bitcoin on the basis of less accumulated on-chain supply an this will be total destruction.

Anyway, there's no point in thinking that way because it's not gonna happen ever. My straight view on Bitcoin is the supply should be more and more decentralized in order to maintain the continuous growth of Bitcoin.
69  Economy / Trading Discussion / Re: My trading diary on Binance on: May 29, 2024, 04:55:09 PM
Hmm, so where I said it's only for the newbies, and where I said senior that I don't know about risk management can you please mention it was a comment to highlight the prominent factors that every newbie should acknowledge because most of them ignore it [...]
I can reassure you, you didn't just refer to newbies anywhere Wink

But I wanted to emphasize once again that risk management is extremely important. After reading your lines, one might otherwise get the impression that risk management is less relevant the more experience you have, but that's not the case. On the contrary: experienced traders attach great importance to risk planning and risk management.

Hmm, Yup I got it, thanks a lot for the explanation seems like I was impulsive haha anyway risk management was a concept I've got after making a lot of mistakes, in my early times so I was quite conscious after reading OP and about his ideas, because sometimes when newbies consider someone their mentor they blindly follow him without even considering the development of their skills.
70  Economy / Trading Discussion / Re: My trading diary on Binance on: May 29, 2024, 09:30:45 AM
Hmm risk management should be the priority for the newbies, on the same time I cant get your theory behind 1 trade per day, anyway I'll be interested in more information from your side like bereifing of your plan to analyze is it worth it or not.

Risk management has nothing to do with whether you are a newbie or not, it is the essential part of any trading strategy. without risk management, loss is virtually guaranteed over several trades.

Even well-known traders like ToneVays invest a lot of time in planning and executing risk management!

Hmm, so where I said it's only for the newbies, and where I said senior that I don't know about risk management can you please mention it was a comment to highlight the prominent factors that every newbie should acknowledge because most of them ignore it, for experienced traders they already knew what to do what not to based on their experience. Well, I cant find anything in the post where I've said it has only something to do with the newbie or experienced traders, even though I've scanned my post 5 times haha before making a reply on it.
71  Economy / Trading Discussion / Re: Looking to buy huge Bitcoin on: May 28, 2024, 08:44:20 PM
Hey I'm looking to buying Bitcoin in amount of $5-10 M .
Seller must pass Satoshi text. If you got any advice or leads, it'll be appreciated.

Hmm, have thought of decisions properly first of all, because it is a risky investment market and you may need to bear the loss pressure for a particular time as well on the same time you are planning big investment security risk as well, so make sure to study about securing the funds in self custody.

There are many suggestions I can give, I'm not sure how far you are with the crypto market so I won't comment much, still, as you are planning a big amount I'm sure you have explored the market and concert of Bitcoin quite well, just a simple suggestion from my side, ABC = Always be Careful for the funds and for investment must use DCA if you want an efficient accumulation, choose a frame of 2 months to any X span and then execute the equilent buyings in that timeline. Thats it

-Hamza2424
72  Economy / Trading Discussion / Re: My trading diary on Binance on: May 28, 2024, 06:08:24 PM
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.

I trade on Binance - 1/2% risk no more than 1 trade.

If you use my trading ideas - do it at your own risk, I am not responsible.

Let's go!!!  Cool

Hmm aah feeling happy to see a first-time such sort of post and there is no shit talking and promotion + proper DYOR is mentioned, Haha OP keep it up, let's wait and see what are you gin to bring up next. Hmm, I'm a little confused about where are gonna share your content in any TG group or here in threads particularly in this thread only.

Hmm risk management should be the priority for the newbies, on the same time I cant get your theory behind 1 trade per day, anyway I'll be interested in more information from your side like bereifing of your plan to analyze is it worth it or not.
73  Bitcoin / Bitcoin Discussion / Re: I now accept bitcoin payments in my Beauty shop on: May 28, 2024, 05:23:16 PM
Your efforts to incorporate Bitcoin into your beauty venture are impressive! This unique union of crypto and cosmetics fosters inclusivity. Bitcoin isnt limited to tech industries! It's a perfect fit for the beauty domain, and your pioneering efforts are carving a niche. Your Bitcoin promotion with a 10% discount? Genius! No sales so far? That's okay, you've already ignited intrigue, fueled discussions, and bridged clients with the crypto world. Persist!

Haha, I was thinking this kind of development in the business can be used for marketing purposes as well haha "Your own street Bitcoin beauty shop", haha I know it's not that efficient still trying something unique can trigger luck. Anyway, Bitcoin is a perfect fit in beauty or not I won't comment on it, Bitcoin is a payment model it is the perfect fit in every industry where cash is flowing, or money is flowing never mind.

TBH, I used to explore such spots just for the sake of fun where such developments are there, A few months back I was on a tour in one of the big cities in my country and I was shopping for some PC parts, and due to limited cash amount in front of the shop owner I tried to use P2P on Binance and haha he stopped nad said which currency your changing I said trx, he said send Bitcoin to me directly if you have haha and on time we had a good discussion on crypto and Bitcoin and now I have a good memory with him.
74  Local / Other languages/locations / Re: Pakistan on: May 28, 2024, 05:08:23 PM
Some Free Raffle Campaigns

السلام علیکم و رحمتہ اللہ و برکاتہ

Kea chaal haal hai brothers loog


Walikum Salam sir, theek sukhar Allah pak kaa omeed haa app khariyat see honge, and baqi saab bii fit jaa raha hogaa, and thanks for sharing these opportunities, maa isme see Pizaa wali join karon gaa main nee check nai kia sponsor kon haaa, still agar kuch gunjaish hoi to maa join karon gaa, BC games too casino kaa ha so i won't join it due to my personal believes.

Baqi orr sunain koi short update on kaa community maa jakl kia chal raha haaa. MT GOX wali koi itni tension nai haa osss baree ma mujhe thodda idea haa baqi dekhtee hain, time shor haa saab posts read nai hoti iss lia keh raha.
75  Economy / Speculation / Re: How short-term market speculations can help small bitcoin holders on: May 27, 2024, 05:47:08 PM
If he's interested in short-term profits he should continue to take such volatility opportunities to make such trades, If he's interested in saving amount and interested in safe future potential he should keep accumulating, that is really great he's exploring the market but he needs to go to depth study. Make sure to guide him well so that he should not fall into the fast money tricks such as crypto signals and premium TG groups.

Mostly newbies fall into such traps so if there's proper guidance from an experienced mentor, it can save a lot of his and most importantly precious funds, because not everyone can afford the heavy investment.
76  Bitcoin / Bitcoin Discussion / Re: It's impossible to copy Bitcoin, and the price will always rise because on: May 27, 2024, 05:00:18 PM
Haha, Op destroyed the entire concept of Bitcoin and demand to supply on the Bitcoin network by resembling it completely based on greed haha, I cant expect a more shity explanation compared to this, and my whole comment is on the first 2 lines from OP's post.

Buddy you need to study more about the supply and demand concept on Bitcoin, no doubt greed is one of the influencing factors but that's not the whole reality, I believe mostly the demand and supply is influenced by the Halving event.
77  Economy / Service Discussion / Re: Reddit Bitcoin moderators tantrum on: May 27, 2024, 04:50:11 PM
It's been a long time since I haven't used Reddit, almost around 2 years, a long time ago I was quite active there, reading and posting stuff. TBH Reddit was fun but with time when I got familiar with the forum, haha Reddit slowly got swapped with the forum activity, there are many reasons this forum is better than Reddit for discussing anything related to Bitcoin and crypto, and one of the reasons is mentioned by Op inefficient moderation nd stupid community rules.
78  Local / Other languages/locations / Re: Pakistan on: May 26, 2024, 08:52:34 PM
__SNIP__

Bro you need to understand that it their only election campaign they want to attract every narrative to get votes, ssoo kal koo sehbazshriif bii youth kaa potential sedkh kaa crypto kaa bareee ma statement dee skata wessy maa bii kia keh raha gahee koo ghohee see compare kar kar raha, chahe wahan kuch changes hone kaa chances hoon still itni jaldi kuch nai hotaaa, khair Jo survey report apne dii haa iski koi worth nai haaa.

Surveys too bohat atee jatee rhetee end of the day declration kuch orr hii ho jatii haa so, zyada pro crypto news kiii hopes naa lagao analysis maa aik risk management factor rkahoo ku kaa wohi apko bacheyee gaa is tarah kii hyped news see joo ka simply aik trap hotaaa. anyway baat kuch in-depth chali gaaii just wanted to say abi koi kuch nai keh sakta election koon jete gaaa, kabi bii kuch bii hooo jata ha yahan biiii wahan biii.
79  Bitcoin / Bitcoin Discussion / Re: [Warning] Bitcoin layers are not here to stay. on: May 26, 2024, 08:44:12 PM
I've stopped fooling myself and maybe you should too if you are a beginner.

We are all booked with this fantasy of a better Bitcoin, it's been how many years since Bitcoin launched now? 15 years already? And till today nothing does it better.

Hmm, that's a harsh reality but we need to accept that still, we cant let go of hope I believe many people consider Bitcoin as a payment mode not an asset or store of value. Hmm so if a large number of community members are in favor of this narrative there will always be discussion and hype of solutions on the network to fix it.

We can't do anything with it, except if there's no solution from the whole community to move on to other technologies such as scalable blockchain L2 and blah blah but the point is with Bitcoin you need to make some compromises if you can't then choose Bitcoin as a holding asset and other technologies for your day to day transaction.
80  Economy / Trading Discussion / Re: Has Trading Competitions competitions led you to challenge your skills? on: May 26, 2024, 08:38:25 PM
Quite interesting, I had replied to a similar thread it was quite old like 4 to 6 months before, I'm not sure but the motive was the same anyway there's no problem with that I can still post my previous words, because now I cant find a particular post haha, but my thoughts were, you need to understand that trading competitions are not for everyone, first of all, they are very risky as new projects some old project run such campaigns to generate volume, and when you participate you bet on an overvalued coin/token from 5% to 10% even more in some cases so you cant just bet for the reward of few bucks with your portfolio.

On the same time in such competitions, high rewards are mostly accumulated by the whales as they have money, they get into it and make huge volumes which a regular solo trader can't afford. Make sure to calculate the risk first before taking part in such things because you can suffer loss and no rewards as well.
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