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601  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about light coin/lightning? on: November 25, 2023, 09:01:13 PM
I have read about lightning, and noticed that lightning was created to fasten bitcoin transactions, due to the conjestion of transaction or mempool. Bitcoin was never planned to have conjection, but due to high trx on bitcoin blockchain now increase or stressing the bitcoin node to perform multiple task at a time. And since this transaction cant be performed at once, they becomes stranded in mempool waiting for confirmation. And these increase transaction fees.

Bitcoin nodes are not the one responsible for mining, the miners are the actually center of bitcoin that facilitate transactions to fit into blocks, what nodes do is to verify each confirmed transaction after it has been mined which they keep in the ledger and then they also verify transaction before they relay to another nodes where they go and stay in the mempool of each node awaiting for miners to mine them into a block.

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So my question is how does buying of lightning coin a means of increasing bitcoin slow network?

How does an altcoin be of a help to bitcoin?

What do you want to do with lightning bitcoin when you are not a business person or someone that want to be spending bitcoin in for shopping and buying stuffs. If you want bitcoin for holding, do that on exchange and have transfer it to your personal wallet.

Lightning network bitcoin are also real bitcoin but you can't ubuy them to hold as they are meant to be used to transact and when you are done with all the spending, you can close the channel and then your bitcoin will be move from the layer 2 chain to the bitcoin base chain where you can do whatever you like with it, I hope you understand the difference.

Altcoins doesn't help bitcoin in anyway, it's actually the opposite.
602  Alternate cryptocurrencies / Altcoin Discussion / Re: So we got new CEO of Binance on: November 25, 2023, 08:12:04 PM
What a shocking event this morning when CZ resigned as CEO and replaced by Richard Teng as the new CEO. With the SEC plead guilty issue of CZ. Well this si unexpected news knowing CZ built the Binance so strong. Anyway with the new CEO possible new eras and new beggining for Binance.

Check the Binance announcement for complete story.

https://www.binance.com/en/blog/leadership/binance-announcement-reaching-resolution-with-us-regulators-2904832835382364558

Binance is screw and I feel, there is more to this show than is even reported in the news. Richard Teng was reported to be the formal head of Binance marketing. I really not sure how that guy was going to handle the affairs of Binance like CZ. I don't follow CZ  as usual  but I know the guy is very symbolic in the crypto market, his statement givea everyone in the crypto space confidence when they have zero hope but he is the type that always encourage, I am not sure if the new CEO has the mental strangth to do that.

Another red flag about this new CEO is that the US are going to be looking at everything he does from now on because they caught CZ red handed and was charge with $4b, now,imagine how much they can make from Binance if they dig more or when they found out that there staffs are doing somr bad things under the hood. It will makes me more scarred about the future of crypto and the crypto market.
603  Economy / Trading Discussion / Re: What are your big plans for the Bitcoin halving coming up in a few months? on: November 25, 2023, 07:57:59 PM
I am consistently reassessing and reevaluating my investment strategy as the halving could have a significant impact on the price of Bitcoin and other altcoins. The halving could also lead to a surge in interest in altcoins. As such, I am on the lookout for alternative investment opportunities. And, of course, dollar-cost averaging (DCA) is a consistent investment I make. That's my plan, at least. What are your plans for the upcoming halving?

There is this cognitive aspect of the market psychology I'm trying to understand very well. In every bull run, there use to come sharp sell off 1 months before the halving because everyone believes that after the halving, it's expected of the market to crash. So I as I experienced last year, the market did collapse pre halving and regain confidence after the halving. My fear now is that since people know much about the market, what we are expecting might not be what will be happening, u hope you are ready for the worse if your plans don't come as expected.

You know the market usually make a parabolic movement and all of sudden crash, everybody is tired of this mental challenge and I think people are going to be careful henceforth as they have lost many funds in those previous coins, many things might happen and we need to be prepared for any call that comes after the halving just incase plans didn't work as expected.
604  Economy / Trading Discussion / Re: How much was the price of Bitcoin when you started trading? on: November 25, 2023, 07:42:06 PM
What I got was around 235 dollars in bitcoin, at that time, I didn't know anything about bitcoin. It's just that the only thing on my mind at that time was the luck of having a lot of money to buy bitcoin at that time. It's like, at that time, I was jealous of those who had money because I believed in bitcoin and that its value would really increase.

You really had diamonds and gold at your feet back then but wasn't oppotune to use it well. I mean, you might not even have all you needed to buy full BTC but if you had bought it's little by little, you will today absolutely have more than one bitcoin considering that there were crash and ups and down that happened before the price grow to this level.

Even if you have $50 dollar in capital to trade back then, it's something that can get you good return if you are a great trader or let's even say you bought $50 of bitcoin today, you should have more money right now but as you said, you were only after having money and money.

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That's why I was nothing during those times, because I didn't have a job during those times either. But it's really like that, just from time to time. Now, I hope I can experience a good profit during this upcoming bull run.

I don't think the opportunity of 2012 to 2018 will ever come again but anything is possible though but this unless bitcoin crash which I know people will buy it pretty fast, it will be very hard to have such opportunities some had in the past because if you don't have thousands of dollars, I don't see th  kind of profitw you are looking for in trading bitcoin but if you don't mind the profits, then I don't see any problem.
605  Economy / Trading Discussion / Re: If i have 1k how to trade future on: November 25, 2023, 07:18:48 PM
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use

The way you asked this question, it shows that you don't understand trading that much. I'm not even sure if you ar  conversant with spot trading talk more of the futures you are asking about.

There is different between a margin trading and futures trading. In a Margin trading, it's always assume that you have limited amount of money to trade, so what the exchange does is that they borrow you fund to add to your available funds to trade and buy the coin you want to trade. However, the available balance will be held as collateral so that if the funds lend to you is about to hit liquidation, it will be automatically force close and your availablr balance is what will be used to settle the funds you borrow.

Futures on the other hand is using your available balance to bet on the price of bitcoin and there must be another trader that must be ready to bet with you to in opposite and once that order is settled with the leverage selected. It will be in the favour of the trader that the market move in the direction.

So, you need to understand between your topic and the questions you are asking and learn between the two, you will know what to do and this question will be of no use again.
606  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 24, 2023, 11:41:16 AM
I hope the Manchester City vs Liverpool match is no less exciting like the previous match when Chelsea vs Manchester City and as we know in that match the two teams matched each other's scores until it ended in a draw. There is a lot of drama that occurs and makes everything even more exciting to watch, plus the tension that exists always creates a sense of awe at every game that occurs. Both Manchester City and Liverpool will fight each other to determine the top of the standings for this week and each team is in pretty good condition.

Many of us didn't expect the match to be that interesting between Manchester City and Chelsea but in the end, it was worth the time spent. This one between Manchester City with Liverpool will be bad too because this is a home match to Manchester City to give more gap to Liverpool and the Liverpool need this one to get Manchester City behind, it will be a worth it.

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Maybe Manchester City is at a bit of a disadvantage because Erling Haaland suffered an injury during the last international break and felt uncomfortable. But maybe he will still be played in the second half and that will be quite a scary addition. However, Erling Haaland is not yet fit and Liverpool, who are in good form, will benefit greatly from every attacking line player.

Maybe or maybe not, they have had other important matches without him and yet they deliver eloquently without any problems. If he is there, I'm sure that all attention and tackles will come to him but let's live that for Guardiola to worry about, he knows his thing and will deliver. He has been a great friend to Klopp many years in the pitch, they both know each other weaknesses and how to do their things.

I don't Manchester City has any player on injury except De Bruyne and they have been doing well without him. So far, none has bagged any red card recently which means the squad is complete only Haaland was not there, they should be upto the task for Manchester City.
607  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 24, 2023, 11:12:23 AM
It's still too far away and we don't need to talk about Mbappe and the SPL now although the possibility is very much there in the future especially if the SPL can really change their situation in the competition because we know their current goal is exposure to raise their name but talking about Mbappe and the Club in the SPL is an impossibility.
Last season he was even offered 7 times his current salary in Ligue 1 but he turned it down because he knew he wouldn't be anything when he left European competition although the money must be very abundant and the popularity in Asia rose but that's about it so for now we don't need to discuss Mbappe and SPL clubs.

Mbabe will not go to any serious club that doesn't have future of winning Champions League anytime soon. If he don't go to Real Madrid, then I expect to see him in Manchester City but Real Madrid is more certain even though they have been denying that they are not in talk with him, I'm sure that they want to see young talent in such a great club. Manchester City on the other hand will not bid for such expensive players at this time unless they want to be charge for FFP in the future.

Mbabe has just 6 weeks to sign a new deal but I heard he has allowed PSG to be compensated if he decided to live on a free transfer, they obviously don't want to loose him as free agent and he is not ready to stay. If PSG should earned something on his free transfer from the any club that is interested in him is going to be a win win for him, the potential club and PSG.
608  Economy / Gambling discussion / Re: Most gamblers do not believe they can consistently make money, that's why... on: November 24, 2023, 10:11:00 AM
As you've read the thread title, I'll continue the explanation here, as it cannot accommodate additional text. I've come across numerous topics and posts where gamblers express disbelief in the idea of consistently making profit through gambling. It makes me question whether these individuals are truly involved in gambling or if they're posting without the real experiences and knowledge. Personally, I firmly believe that there are people who have achieved real success in gambling. What perplexes me is why many discourage gambling as a means of making money. Instead of outright saying no, they could guide gamblers with the right strategies on how to stay disciplined, enhance skills, minimize the risk of bankruptcy, and increase the chances of winning.

This is wrong from all indications. Gambling will never give you consistent money but it's possible that a single bets can change your life forever. Here is something, I know some guys that have made a fortune in their life from gambling, they have made the money they are going to make in the future in their early 30 and they have invested everything into profitable business and they are living good life and they are still betting till now but guess what, not all of them had cashout big like the  did in the beginning and that's to tell you that gambling is about luck and few skills require.

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If you're someone who doesn't believe anyone can be profitable in gambling, you might as well consider yourself not welcome in this thread. I'm looking for people who maintain optimism about their chances in gambling so they can share valuable insights.

Now, let's hear your opinion. In 3...2...1... go!

Since the beginning of this month, how many times have you gamble and how many have you lost? Let's start from there. Gambling isn't something you can control, you don't have power over it and hence the way it will brings money for you can not be predicted even if there is probability of making something. I still hold my stand, no way you can make a living from gambling from day to day but perhaps winning one game can change your life and that depend on how much you have been staking or wager in games.
609  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 24, 2023, 10:02:19 AM
Milan played very well against PSG in their last game and managed to pick up three points. If they beat Dortmund in the next game, they will have a chance to get out of the group. In general, their Group F is the most unpredictable of all the others.

PSG is a dullard team, they ought to have taken down Milan but they feel too comfortable but now Dortmund has taken over the lead in their group but I don't think they have the balls to tarnish Dortmund, even in the last few years, Milan don't have good records with Dortmund. I think Milan will miss this one despite is going to be a home game.

Manchester United moved from a Champions League team to a League team. Unfortunately, the Red Devils were blown away. For them, the exit from the group is closed and they can only wait for the next season and put in unrealistic efforts so that the next season does not turn out to be just as disastrous.

Manchester United are in between shark teeth, but they can do it and it's possible thing for them to have +6 in this 2 group matches and the two teams that are having 4 points currently in the group table will move lower. But I have some problems with Manchester United, the last time they played home match against Galatasaray, they lost and I'm unsure if Manchester United can beat Galatasaray in their home.

They had Bayern Munich on the neck in their away match the last time. However, is that still possible is the doubts I'm having on my head. Rashford is gone until after next 3 matches which we are not even sure of their next journey after the group stage. So many unpredictabilities around Manchester United, I hope they pass this stage though.
610  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 24, 2023, 09:47:47 AM
If a trader trades on the spot market, he clearly has an advantage over a gambler, as his actions are not limited by time frames, and since bitcoin is a deflationary asset, even if you buy it at the highest price, you can get your money back in a few years. I am engaged in trading on the crypto market and gambling, and personally for me cryptocurrencies carry less risk than gambling. Perhaps everything would be different if I had a better understanding of sports, but unfortunately I do not have it.

I think there is crossline of gambling over trading when you used time. In gambling, highest you can bet is between a month and you will know your result instantly because the faster you bets, the likelihood of getting higher odd because there wouldn't be much information around yet. However, in trading, holding can take more than a year or even years depending on when you bought it before you enjoy what you invested and if you are a good bettor, you will have made something good from gambling between that period.

Gambling has an advantage and trading has it own too and the risk are not similar in any ways because in trading, you can get back what you have invested in it if you are patient but gambling will not, if you like rejoice over unseen result, what will be is going to be and emotions or speculations wouldn't change anything about it.
611  Economy / Gambling discussion / Re: Why do you want to play on casinos without KYC requirements? on: November 23, 2023, 10:31:13 PM
Why would you want to avoid being identified, if you gamble legally and if you are not a criminal? Let's discuss the reasons why KYC are not advantageous for the gamblers and casinos?

Ps. I am playing Devil's advocate... if you did not notice it.  Grin

I was trying to see if you are been sarcastic about your thread but I see that you are serious about everything you said and listed.

There is this thing about not doing KYC and it's not about the things you listed. KYC break privacy and without privacy, you have nothing to protect and it's everyone freedom to protect their privacy. There is nothing wrong if you want to keep your privacy from the public, how you do, what you do and when you do is none of anyone business but when you do this kyc, all is gone because you have exposed everything about yourself to a company that you know nothing about but knows everything about you.

Furthermore, doing KYC isn't the main problem, there are many reports of KYC information been sold because KYC is a very profitable business on the dark web where people can use your information, they buy your data and use it for another thing you know nothing about. How will you react when you see your pictures on the national television for wanted for a crime you know no about. That's one thing to fear about KYC.

KYC might be a way the company might be protecting itself from theaw enforcement and other people but the more you look at these companies, the disadvantages of KYC outgrow the advantages of KYC and that's why people should avoid it if they can.
612  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: November 23, 2023, 10:24:05 PM
Try to solve financial issues with spending or investing money imo isnt the right thing to do. It is like trying to fight fire with fire. The only solution to sufficient money I see is simple - finding new or extra work. Maybe it is ok to make a so called safe bet, but it will bring little money only. Making a huge bet is risky, and on a distance multiple safe bets eventually gonna turn into a loosing one. Imo gambling is not a solution to get more money.

Unfortunately, that's what people do. Some people even avoid gambling for a while but the moment they have a financial difficulties, doubling the money is always their first solution. I have seen students in many occasions used their school fees to bets and loss everything in the process and I have also seen some win and when you ask them why take such kind of risk, they tell you it's because they don't have money at hand and everything left will be zero after they pay the school fees.

Go to higher institutions, places like my Alumni, the Student union government has to plead with the school management not to close the school portal and give sometime for the students that are yet to pay their money to pay up because many of them didn't eat the money but habe foolishly stake the money to bets and they loss everything in the process.

There are even people that use money they are supposed to used to travel out been used for gam, this is to show you that people are really weird and will do anything more than gambling to double their money if there is actually a way for them to do that kind of stuffs.
613  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 23, 2023, 10:01:41 PM


Source: https://twitter.com/DeadlineDayLive/status/1727612605265502613

Reportedly, Manchester City is persuading Erling Haaland to sign a new contract. But this has not yet reached a consensus and it will probably take quite a long time for Erling Haaland to agree. I think this is all because of rumors that Erling Haaland was linked with Real Madrid a few weeks ago and I think what Manchester City is currently doing is a form of protection for this great player.

Of course Manchester City will try to anticipate pressure from outside and again their opponent is Real Madrid and we know that all players dream of playing for the best club in the world, including Erling Haaland. Is this an emergency step that Manchester City is trying to take so that its striker can stay longer at the Etihad Stadium? Roll Eyes


We are not going to be having some discussion because often the more I see them, the less chance I think they even happen. Haaland might be having a new contract possibly his future with Manchester City but saying it will take time, I doubt unless if Guardiola will be so patient to wait that longer because I'm very sure that Manchester City need him more, they will not allow another club present checks on his face.

Who knows what will even happen to Haaland if he should live Manchester City, he is not a playmaker like other players that played center forward and make balls for other team members, if he is not scoring, he is expecting to get an assist from other players. Right before he came From Dortmund, he was nothing and if he should.miss this golden moment, it's going to affect him if he lives Manchester City.
614  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 23, 2023, 09:52:18 PM
Manchester united is in its transforming stage, it will take time before they will bounce back to winning ways because there's a whole of things to set by the coach and the players will have to abide by strict rules set. Erik Ten Hag have his own ego to float, we know him to be one of the tough coaches that have managed Manchester United and he's not going to relent when it comes to his duties as headcoach. He discipline his players accordingly and he share the exact same respect and commitment to all of them despite the high status of some players.

Manchester doesn't have any good consistency, not in the Champions League nor in the Premier League but it's fine thÉat they are in better place in the table but they are still far from Atson Villa that is ahead of them by 4 points and even they are can win their next two matches, what is the probability of Aston villa not winning their next two matches as well.


Chelsea performance has improved and they need to remain consistent on their games going forward. When they played against Tottenham Hotspur, we thought they’re back in form and then they lose that consistency not until when they drew against Manchester City again. They need to be showcasing great football quality when playing against both big and small teams in order to go far in the league and have a better position in the league table.

There is no way to expect that from Chelsea because it's  like we are requesting  a heavy duty from Chelsea. Let's say the want to be consistent, they are 10 points away from the top of the table and they need atleast like 3 win back to back before getting that. Now, how is Chelsea going to have 3 clear games for Chelsea without causing any problem. Even Manchester City will have to break a lot of resistance to keep such kind of title but it's Chelsea they want to bran it.
615  Economy / Gambling discussion / Re: The love in football on: November 23, 2023, 08:35:56 PM
Why do people love football more than any other sports
Football is the most watch sport, most discussed and most entertaining sport in the world. Premier League is one the biggest English in the world that people want to see every year and also the Champions League. The national leagues are also interesting to watch and events like world cup are the reasons why Football is unmatched with any other sports. No sport in the world that unite people like football.

Do you know that in Brazil, parent prefer their children to go to football academy than actually going to academy for studies. That's because parent want the world to see the talent of their children. This is what love of football brings to people.

Which football are you referring to? Real football like NFL American football or soccer? I personally cannot stand soccer, but i'm only 1 person. My dislike is mainly related to the betting of the sport, it's just not my favorite. Now if you are talking NFL football, I LOVE THAT!!! Big hits, awesome celebrations after scores, many betting options it's just a great sport.

You got me smiling. Why on earth will you dislike football because of sport betting. The joy in defending my favorite player alone is enough to make me want to stay all day doing that. I will repeat it the second day and a day after that day.

Football is fun even if you don't dislike the sport betting, it's even difficult to bets football matches than to bet other sport bets but that shouldn't be barrier to avoid football. I doubt if you really skip the day Argentina had their final with France last year, everyone loves football even the women do.  Kiss
616  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: November 22, 2023, 11:34:50 PM
Because Real Madrid lose some key players due to injury, it is a good opportunity for Napoli to win them and get more hope of qualifying, but Napoli is not also in a good shape due to Osimhen's injury and they recently change new manager which have made their matches unpredictable. Although, even without winning against Real Madrid, Napoli still have a chance to be in the Champions League because Sporting Braga and Union Berlin will not take it lively with each other as they are both fighting for Europa League spot.

When Real had their first match in the Champions League, Vinicious was never there and they won, they played so many domestic Leagues without him and Bellingham was the limelight of the club doing his midfielder work with less support from wingers. The worst has not even happen to Real Madrid yet because Anceloti can still use Bellingham as center forward since his injury is just minor, he can do it and win Napoli.

My fear for Real Madrid right now is not even the group stage because from their current stand in the table, even if they lose to Napoli which I'm not seeing, they will still qualify for the knockout stage and it scared me more what will happened to them because Vinicious will be out for the whole of this year and the probability of even coming back early next year is low.


One of the factors that affect most team or rather club is having excessive star players because most people feel that having all the strong players in one team could boost there performance but on the contrary it doesn't work that way instead it will reduce their performance because nobody will listen to each other.

So however when PSG bought so many stars like Lionel Messi, Mbappe, Neymar, sagio Ramos and so many other good quality players with the belief that they would outperform other clubs but on the contrary they were finding it difficult to perform or wining most of there matches, and even some smaller clubs use to win them, so perhaps with that squad they have losing matches shouldn't have be an option for them, but however since some of there players like Lionel Messi and some other left, PSG was able to breathe and they are playing well more than before.

You don't have to blame them because that's how things where then but now most clubs don't do that again, they now preferred to have young talented players than players who are famous for there past records. Didn't you observe Haaland and Bellingham were just normal players from Dortmund but they have change history already in English Premier League.


Don't ridicule Messi performance in PSG, that club was a disaster and they are going to pay for how they treated Messi. He is already in painter Miami and within his 4 months in the club, he has lifted what couldn't be done in 10 years for the club, such a goat.
617  Economy / Gambling discussion / Re: Would You Crowdfund for a Gambler Who Has Gambled Irresponsibly? on: November 22, 2023, 11:15:00 PM
A few days ago, I posed a question in this forum, wondering if, as someone who engages in gambling, you've ever considered thought of giving back to the community if you ever had a successful gambling run. I carefully went through all the responses, maintaining keen interest and taking note of each perspective. Another aspect of the inquiry involves whether you would be willing to participate in crowdfunding for a fellow gambler who reaches out to the public through social media seeking financial support after they gambled with the funds meant for an important project like, investment, school fees, rent, marriage or any other thing. And what would you say to those who go ahead to donate to these gamblers out of a sense of empathy?

I don't think there is further discussion about it because you made mention of irresponsibly. Who help man that do things irresponsibly? Not even his close people will know something of such and want to render any financial help to him and what is even the assertiveness that he wouldn't go back to that gambling after helping him out, helping an irresponsible gambler is like fueling his car to go back where he is not supposed to be in his life.

An irresponsible person I believe the person to be a person that is not change, they are such I will view as a person that is an addict but if for instance it's an emergency fund to help raise a school fee and I know that they are going to drop out, I will gladly help because I'm also a human being and humanity should preceed everything we do in life but must not be all the time.

If we must also help him financially and he is willing, he should also be ready for many advice because they need to be changed, there is a reason why we are all friends right and it is our duty to help each other at difficult situations.
618  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 22, 2023, 06:12:56 PM
Even with the current performance I am favoring Chelsea in this match for the another win but still this is going to be tough match because Newcastle United is suffering with injuries and other problems but still they can manage against Chelsea in this match which is trying to resurgent after worst time and their last few positive results are also indicating things can go for them to have better future in this season.

In last four away games they have 10 points which are clearly giving them advantage them in this game but Newcastle United home performance is also good which will try to overcome from their internal issues which are brought them down, but things could be not easy for them with most chances we can go for the Chelsea/Draw in this game but if Newcastle United overcome then surely this could be one of the best in this round.

If you are favoring Chelsea, I will advice you you not to bet on it because matches like this are very risky, you will be having this thought before the game begin and the next 15 minutes, your bet is on the verge of been loss due to one mistake from your favorite team, red card is even easy to get these days from players and then, the next thing they shame you for their incompetent.

Chelsea might have been a hot cake recently but Newcastle are bad ass as well, in their last matches, they have played in 3 different leagues and non they lost, they won it even beat Arsenal and Bournemout in their last two EPL, Chelsea really need to pull some extra forces to win that game because the more I look at it, the less chance I think will happen for Chelsea to win Tottenham.

Newcastle are not nearly as strong as they were last year. Due to injuries and a gambling scandal. Chelsea were good against Tottenham and City, but I draw the opposite conclusion from this: they are not a team that can be consistently good against good teams. Therefore, after good games, they should have a less successful one, and here I expect Newcastle to win.

Newcastle fumble in the beginning of the season, when every other prominent teams were making 3 points in their matches to compete with others, Newcastle were doing what I least expected from them due to their last season performance but they have started to pick up judging from their last 4 matches, they might pull some stunt in this coming match.
619  Other / Beginners & Help / Re: Some traps to avoid in bullrun. on: November 20, 2023, 06:05:46 PM
4.Be prepared for the worst and hope for the best: Be prepared for anything that comes later, the coin you are having in mind to pump may do that and might not do that. If you are lucky and have profit, enjoy the profits and if you don't make anything, he happy that you were part of the bull cycle, there is nothing guarantee in crypto because you don't know tomorrow. People that are saying bitcoin will go to $1M are all speculators and are just hoping it happens, nothing is guaranteed here, just be prepared and hope for the best.

Punch line from Lil Wayne Shocked
There is nothing great that beat this phrase and yet many people don't prepare for this in the bull run. People will plan but the market has a way of everyone and it will not favour everyone and that is exactly the mistake many of us do. Just because the market always pump every 4 years cycle doesn't mean it will repeat itself and if you have plan to use the anticpated profits to do something about your life, kindly cancel it because you might even be surprised that coins will not pump as we expected.

Many hands were burn during last bull run and many of them regret even buying some coins, it will take some time before they gain back the trust they have in this market. Maybe if their bags pump back and they realize back some of the losses they have made in the last bull run. So sit tight and tighten your belt very well.
620  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there an option for automatic conversion of a coin if we set fluctuation ? on: November 20, 2023, 05:44:38 PM
Suppose, I buy XRP and set limit of 15% fluctuation. The coin should immediately be converted into Monero if this happens. Is there any exchange which offers this function ?

Fluctuations you mean volatility? Volatility means up or down, do you mean price up or price down? I don't think this can be automated but trading bot can do the magic through API connection, I don't think inbuilt trading bot like Kucoin will work but an external bot will do the magic.

Alternatively, you can calculate it yourself using trade set up. Exchanges like Binance has trading future tools, you can simply use their tools to set up your sell order of 15%, when you trace the price and have that 15%, you can just use that value as sell order and if that price is reached, it will automatically sell your coins for you with out any bot or even monitoring the trade.

However, will you have xmr at such price fluctuations, is there something I'm missing? There has not been any reason cent development around xmr, perhaps you should look into other altcoins that are having some speculations and updates, 15% is a little thing to get from some of these altcoins like Solana, Avalanche and xpr, they are having some recent development and new updates.
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