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621  Bitcoin / Bitcoin Discussion / Re: Dont stay in crypto too long on: January 20, 2021, 08:03:46 AM
Crypto is ruled soon by sec and goverment its not goodw

 How sure of you? What is your basis about this?
 
 
Quote
Make your cash and get out of crypto
 Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
 

 Governments will either beat it or join it. While others are already implementing regulations about cryptocurrency, that doesn't take away the fact that  people are still using it. We understand why governments are doing such rules about bitcoin, it's all for a good cause and preventing others to abuse the use of cryprocurrency.
 
 
Quote
We stay for using cash 
 

 Or we can both stay using btc and cash. That's my choice.
622  Economy / Exchanges / Re: Crypto Exchangers are like government on: January 20, 2021, 06:06:24 AM
If you think of it, sort of like that. Because crypto exchanges are complying with the AML law from the governments, that's why other exchanges are being strict for dealing with their clients.
 
 Not only that,  if you are talking about the fees. That's how they earn. You withdraw your coins you pay fees. Because you entrusted and stored your coins to their company, it's only right to pay fees to them, right?
623  Local / Pilipinas / Re: Isa sa mga dahilan kung bakit mayroon akong Bitcoin on: January 20, 2021, 02:33:20 AM
You controlled and managed your own money.
 
 Yan ang totoong kagandahan kapag mayroon kang bitcoin. Anytime kapag gustuhin man nating maglabas ay hindi na tayo pupunta sa bangko para mag cash out. Pero kung iisipin natin hindi ba at parang ganun lang din ang mangyayari dahil instead na ATM machines ay pwede from crypto wallets to gcash ang pag cash out?
 
 Anyway, sa kasalukuyan ay hindi ako nag store sa iisang wallet lang ng bitcoin  lalo na may mga kakilala akong bigla bigla nahohold ang account sa mga custodial wallets dahil need mag comply sa AMLA requirements.  Hindi ako nag fa fund ng malaki sa iisang wallet lang.
624  Other / Off-topic / Re: If you will have 100 Billions of dollars on: January 20, 2021, 01:16:20 AM
If let's say our goal is to doubled that $100 billion usd in just a span of two years?
 
 Well, I would not invest on only one thing. I maybe invest it in bitcoin, some in stocks and properties. I would spend it by putting up few businesses. That's how I would do if luckily I own 100 billion dollars.
 
 Although two years is too short to double your capital but diversifying it to different investments could possibly hit the goal of doubling it.
625  Local / Pilipinas / Re: Coinless 2025 on: January 19, 2021, 12:22:47 PM
Napanuod ko nga to. Bigla ko ngang naisip na susuportahan ito ng Banko  Sentralng Pilipinas pero where in fact we are started to become one of the cashless society na. Dahil madami ng gumagamit ng digital wallets lalo nung nagka pandemic.

Etong  coinless ay mapag aaralan  pa nilang mabuti kung paano i adopt ng karamihan. Lalo na hindi naman lahat ay ready sa ganitong sistema especially yong mga taong nasanay na sa traditional payment system.
626  Economy / Economics / Re: Can you put your investment motto in one sentence when you enter the cryptocurre on: January 19, 2021, 10:16:55 AM
"Be on the right track"

As it always have a mess when there's a bad emotions. I always loss track when  there's slight sideways and had zigzag emotions and greed when having a profit. That I need to change that into a good approach. Good self management and  having a good mindset to be always on the right track and path.
627  Alternate cryptocurrencies / Altcoin Discussion / Re: How long will this scam go on? on: January 19, 2021, 08:46:23 AM
It's significant to know whether you have invested in coins that are valuable or just bought some useless coins or shitcoins.
There are some ways to know whether they are shitcoins or not;

- The coin doesn't have any progress or any developments
- No viable use in crypto industry
- Teams and devs no recent update
- Left behind and just created for fund raised purpose
- No real governance and quality

If you can see, those potential coins have a good progress with their objectives until now. They are further growing not just with their price but also with their project.
628  Economy / Trading Discussion / Re: List of abbreviations commonly used in cryptocurrency trading. on: January 19, 2021, 05:56:17 AM
I think you also forgot thess terminologies related to trading, too;

- ROI -Return of Investment
-TA -Technical Analysis
-DES -Data Encrytion Standard

Well, there are some that I am not familiar with that good thing I've read it today.

Theres an old thread that have complete terminologies in different fields. You can check it out;

- https://bitcointalk.org/index.php?topic=126798.0
629  Economy / Gambling discussion / Re: Large capital advantage? on: January 18, 2021, 10:29:46 AM
There's always an advantage of having a huge capital in gambling. Rage bets can be handled and goal profit can also achieved. But since Ive experienced big losses even I have huge bank roll, no matter what strategy I make when I play in long term, the house always win.

It's purely luck based. There are times that I have small bank roll but I manage to win big.

It's also a matter of self control when winning. You can definitely recover when you have enough bank roll but this is still gambling where risks is always associated no matter what approach we will make.
630  Bitcoin / Bitcoin Discussion / Re: My email and phone have been hacked, is my bitcoin safe? on: January 18, 2021, 08:17:53 AM
Probably they need that 24 seed phrase to recover or to open your ledger. However, if that email connected to your ledger account, it might be possible that they may fake some requirements to access your other wallets.

Change email address that youve submitted to all wallets that have been connected to. Good thing you dont have any crypto coins stored or else the hacker will easily get that coin.

Same with me  before when I clicked phishing site but I instantly changed my email password when my account wallet hacked.
631  Bitcoin / Bitcoin Discussion / Re: Here's why I'm leaving Bitcoin on: January 18, 2021, 06:09:00 AM
It just makes me wonder and hard to believe that Doe (in his poor situation) will consider bitcoin instead of using fiat currency where in you can easily use it without hassle of tapping your phone. As I visualized his situation, he should consider fiat used since the OP said he couldn't wait bitcoin to go up the price and he used it eventually when they need it.

And as of the writer of this story, does it makes sense you donated all of your hold bitcoins when bitcoin achieved it's All Time High?
It costs a lot of money today, helping others is a great endeavor and satisfaction I do understand that. But if you give it all out to the ones who needed it the most, then I salute you for that.
632  Bitcoin / Bitcoin Discussion / Re: to see is to believe on: January 18, 2021, 05:00:49 AM
My family tend to believe me when they see how I manage to make decent profits out of it.Just like most of the people, they will gonna believe it when they see some proofs of legitimacy. I myself experienced to have a hard conversation to one person who got scammed by btc networking scheme and told me btc is a scam one. It's because he invested in a fake company and to other person who claimed to be a master in trading bitcoins.

On the other hand, if we can see how far bitcoin is progressing. Even the popular individuals are being hooked by this great technology and innovations given by cryptocurrency.
633  Economy / Trading Discussion / Re: Can I get rich by trading on: January 18, 2021, 12:53:41 AM
It's like gambling dude. Pure luck and good technical analysis for a basis is highly needed on this part. Like it's doing some do or die if you want to be rich in trading. It's a zigzag road to achieve that but if you are confident enough to make an entry by trading huge amount of capital at once and you are sure of your entry, you can become a millionare in just a snap of finger.

But in reality, people thought you can be rich in trading in an instant. But even the greatest trader make some losses in trading. Especially in margin trading who do some big entries but liquidated at the end.

The essense of this is to learn how to improve yourself. Not to be rich in an instant. It's easy to say that its possible to get rich but when you are here in a real situation you can actually say it's not that easy.
634  Economy / Speculation / Re: Do you think that bitcoin could hit 10 million ever? on: January 17, 2021, 11:51:53 PM
Think of it this way, when bitcoin costs cents to $1 and to $40k recently, will that million price of bitcoin be possible?

Of course, it's all in the matter of time and adoption. If the percentage of people, countries and governments will increase and will consider bitcoin to be legal in any good use, when it will be known for it's high innovationd then time will come that the demand will be increased and bitcoin will gonna hit millions of dollars in the future.
635  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins are not actual fiat on: January 17, 2021, 01:18:49 AM
Stable coin is far too different from fiat currency. And we know that stable coin is still a cryptocurrency. Not even recognized legally by other countries even if it is stable when it comes to price. For some countries, it is serve as a threat to their own fiat currency  but for some, they are considering and planning to make their own stable coin to boost their economy and willing to backed by their own bank.

See this for example;

- Russia's approach to welcome stablecoin
636  Bitcoin / Bitcoin Discussion / Re: Forbes list of investors whose fortunes increased due to rise in Bitcoin price on: January 16, 2021, 12:37:25 AM
Smart people are earning smart money Bitcoin could still be an "easy money"

Easy money when they bought at dip and sell off at new ATH. But waiting time isn't that easy. Our patience, panic emotions are being tested.
Forbes said in the article that those lists came from the publicly data from digital wallets.

Vitalik Buterin is in the list, not surprised at all that he made a good profit from this bull market.
637  Economy / Trading Discussion / Re: Ways to identify the bounce ASAP after a significant correction? on: January 15, 2021, 06:26:31 AM
Hi,

I’m just wondering what are the best indicators / candlestick patterns / charting TA to look for when a support bounce occurs after a significant dip.

Use indicators that you are comfortable and used to it. I mean, choose one that you manage to read well and is a useful to your trade.
Traders have a different "best" option when it comes to indicators. While other's are using several indicators, I only used stoch rsi, rsi and MA.

Quote
I was in short positions on both Sunday and Monday during the big BTC correction and obviously there were points where they were significantly in profit. However, I held on too long and closed after the bounce. I still took profit but feel I could’ve “taken the meat of the trade” a lot better.

Oh well, that's the problem when you are in profit but still greedy to acquire more. Haven't you manage to cut loss or integrate stop loss so when it triggered then it was the sign that pullback already happen? If you still hold for too long, your entry will just ate up your balance because of the fees.

Quote
What do you guys look for? I guessing this is perhaps best done using the 1m (or similar short timeframe) and looking for a big green bottom wick with large incoming volume or something?

I don't usually use 1m tf. That's for a pro trader and fast entry and exit is needed there. Been using 5min tf and will confirm in 1hr tf and check out the 12hr tf. I always confirm it with other time frames so I may know whether Im gonna continue the first long entry positions or the short entry one.
638  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are people still buying XRP? on: January 15, 2021, 04:41:25 AM
I got disinterested in XRP back in March 2020 when I learned about the 20 XRP wallet minimum. That was a deal breaker for me because it requires people to invest some money that they will never be able to access again. Also, I did not like how XRP is centralized. But now, with the giant lawsuit, why are people still buying?

What do you mean 20 xrp minimum? Oh, or perhaps you are talking about some requirements of other non custodial wallets. 20 minimum should be stored to do some transactions. It doesn't matter to me, in fact I comply with their TOS.

On the other hand, am one of those who still bougjt xrp. As you know, even delisting and SEC suit issues were very noisy this past few weeks. As long as they are not yet official announcement from their own company then xrp will still be active and price will still flactuate and we can still trade it in some exchanges. As long as they are still buying this coin because they still believe that xrp will going to win this case, then it will still be a good buy.
639  Bitcoin / Bitcoin Discussion / Re: Did you bought the dip? on: January 15, 2021, 02:49:05 AM
Luckily, when i sel off my altcoins when they followed the bull market, I had manage to buy some part of bitcoin. Not at the lowest dip but bought some part at $36k, now not regretting as the pullback is going smoothly.

While other's are afraid to buy at high price because for them the correction's price is still high and they are still waiting for the it to dump down to $20k as I can see we can not yet break that price. We all have a choice, it's how we react and manage our trading styles.
640  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Play Smarter 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: January 15, 2021, 12:52:59 AM
I don't really gamble to much but compared with December with more than 50,000 USD wagering only give me 100$ bonus and now wagering around maybe 5,000 USD - 10,000 USD get around 35-40$.

Claiming with TRX.

Claimed trx, too. Not sure how they compute monthly bonus but I noticed that, too. My friend manage to wager 2 btc and mine was just 1 btc but we have just a little difference in our monthly bonus. Maybe they are also considering the deposits activity, etc. Still, thanks for the good bonus stake!

Anyway, been curious with this big announcement  that they are saying in email.  Perhaps another new event?
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