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701  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: February 20, 2022, 08:39:49 AM
We know that bitcoin is the first and king in the crypto-currencies. So, if bitcoin price is fall down, almost all of the coins are going down. On the other hand, if bitcoin price is increasing, then all crypto-currency is increasing. But coins are stable or not follow the btc.

Sorry i don't know what you're talking about on the last part. But yeah because bitcoin has the largest market cap in the market reason most coin tends increasing value as well when it goes up.

But not all the time bitcoin can influence all coin in the market for your information, because you know there some big traders /investor that used to dump to another coin in order for them to make profits despite of the situation of the market wherein reason when bitcoin is going down there are some alts that tends to increasing..
702  Bitcoin / Bitcoin Discussion / Re: How I convinced a Stock Trader to Invest in Bitcoin on: February 20, 2022, 07:47:07 AM
Most stock traders that i know, they don't like bitcoin because they already have good income from investing and trading stocks..

But obviously the common reason of declined of some stock traders when it comes bitcoin is,  it is because bitcoin isn't backed by anything at all wherein unlike stocks that backed by companies and etc.

To make the story short they're afraid in bitcoin.
And for me in my personal opinion its too hard to convince them because we different perspective to be honest..

So good for you that you convince him to invest bitcoin.

703  Economy / Trading Discussion / Re: What coin you like trading future on: February 20, 2022, 06:25:48 AM
Although I have stopped trading futures I would still like to share my experience. I used to like trading futures on altcoins which had low price like FTM and SRM.
I used to have 5x leverage and used to patiently wait to hit targets but eventually made losses.
I learnt a hard lesson that trading futures is not for me which is why I stopped futures.
Low marketcap coins are very dangerous, using it for future trading will be riskier, the lower the altcoin marketcap the lower the chance of getting liquidated early. No small coin will be available for future trading but I understand you very well by still comparing the coins as low marketcap coin.

Using 5x can be very risky too, I use 3x and it is still risky, my funds are not getting liquidated but I do close the market myself after losing to some extent, but liquidation is still very possible while using 2x, the best is 1x.

Lastly, it is very better to quit trading future if your are continually losing.

quiting is not necessarily if you have proper way of risk management trading with leverage ..

That's why i would like to share this site for you guys so that you can build your own good risk management as well.

And it's called Winrate.io i don't know if you're familiar with this tool.  because this is a tool that can estimate our earnings and losses based on winrate, fees, leverage etc.

You can try to run your strategy in it as well wherein for you too see if you have a good risk management or not.

See the picture below despite of losses the Winrate still amazing..  Wink


704  Alternate cryptocurrencies / Altcoin Discussion / Re: Withdrwal issue with myetherwallet on: February 19, 2022, 08:24:49 PM
I am trying to withdraw the USDT in myetherwallet but everytime when I send transaction to my Binance USDT ERC 20 address then only the ETH gas fee gets deducted and USDT is not transferred. Any idea what's going wrong ?
since you are using binance platform probably the support only can aswer to that question. And try to refresh if you're using browser and restart the app if you're using mobile phone because it might be a bugs or your internet. However if it still the same then the only choice you have is to communicate with the support because it's impossible to be deducted if there's an error in your transaction, for example you didn't meet the real amount gas fees or the amount is not yet sent..
705  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Your Expectation About Polygon (MATIC) Token for 2022 on: February 19, 2022, 07:27:56 PM
I'm expecting matic will reach $100 in this year(if bullrun) because it has potential to become the next Binance Smart Chain in the future. It also fast and the most lowest transaction fees of all networks. The polygon network is getting popular so I really expecting Matic to reach $100 price.
seriously $100 dollar this year for MATIC? Seems very impossible to be honest because the all time high(ATH) of polygon matic in the market is around $4 if i remember it correctly and also the current value at the moment is approximately $2.

So how is that possible to happen? Actually i saw SOLANA did that thing wherein it skyrocketed from low value until it reached the 3 digit within a year. But i don't think polygon (matic) can do that as well even they change network like what you said above it still impossible because obviously that's too much value for a coin that can't even break the ATH for long time now.
706  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How can a cryptocurrency project be included in coinmarketcap trends? on: February 19, 2022, 06:49:52 PM
Actually i used to check the trends section in coinmarketcap especially if i'm looking for a token to trade for quick profits.
And yes most of the coins on that trend section of CMC must be a top gainer within the sites.  Because base on my observation about years now, basically most of the coins that has big percentage within the sites always go directly and will be included to that trend list section and most listed crypto in it are new token that making hypes..
707  Bitcoin / Bitcoin Discussion / Re: Pay for coffee with Bitcoin on: February 19, 2022, 06:12:17 PM
In my country the price of coffee is so cheap that it is impossible to sell coffee using Bitcoin as a means of payment. If it is calculated, the transaction costs will be greater than the price of the coffee sold.

yhup probably that would be the reason why Op still don't have costumer up to now..and i think it will become more reasonable to have bitcoin as a payment if you're selling expensive coffee as well like" kopi luwak" which the price ranging between $100 to $200 because surely those rich people who loves such expensive coffee in your country will gonna visit your coffee shop and pay bitcoin and since they are rich probably they don't mind about the fess. Lol
708  Economy / Trading Discussion / Re: Hire Crypto Trader on: February 19, 2022, 04:52:24 PM
Come on, all sources can be found in today's media technology. honestly like VIP Signal or free Signal, etc. I do not believe it. I prefer the way I research myself, my fundamental instincts, and technical analysis that I learned from YouTube so that I can make my own conclusions without being influenced by FOMO. my money is my responsibility
probably you have so much time to do such thing and OP is a busy person reason why he wants to find signal group that can help him to trade..And perhaps we need to understand the fact as well that not all people whose interested in trading has a ability to understand the whole thing to cope trading because it all depends on the situation to be honest.
709  Economy / Economics / Re: What's happening in Canada ? on: February 19, 2022, 03:36:31 PM
With the current state of threat the banks has shown to it's citizens, and truckers, Canadians are now scared and no longer have a good trust in the banking system, this will lead to a whole lot down that ends pulling out their Fiat and buying Bitcoin.
This will be the first step to full bitcoin adoption in Canada!
If I we're to be there, I'd have done that a long long time... Financial Sovereignty is the key, besides Banks gives no profits.
#The revolution is coming and bitcoin is the future.
My advice here to all Canadians is to buy Bitcoin, Banks are of the past, Bitcoin is the future.
if these is a totally legit information surely their second choice is to rely in bitcoin since bitcoin is very legal on their country as well .  And it will become a good choice because indeed they can get benefits from bitcoin than storing money from their banks which is currently very stricted at the moment.. So its not surprising if they will suddenly use bitcoin than keeping their money in the same place which despite always give them a problem..
710  Alternate cryptocurrencies / Altcoin Discussion / Re: Be a wise investor on: February 19, 2022, 02:19:17 PM
Actually being greedy is not always a bad idea especially if your goal it make good income using crypto currency because indeed there's a bunch of opportunity in the space.
But of course before anything else try to educate your self first when it comes how to choose a good investment to prevent risky situation. because its not that so easy like what you think, wherein after buying any coin in the market it will make you rich after 3 years. Nope that's wrong!  Be practical when choosing a crypto to invest because that's the real mindset of a wise investor.
711  Economy / Speculation / Re: What is your expectation on: February 19, 2022, 01:14:34 PM
Expect what is unexpected, i mean even those countries that don't like bitcoin for sure in the future they will change their mind as well once all country really accepting bitcoin and some use it as a legal tender like what El Salvador did to bitcoin.
Because to be honest bitcoin is already very exposed mate. So i wouldn't be surprised if someday bitcoin becomes very legal in the near future in all over the world. Just saying.
712  Economy / Trading Discussion / Re: Journey of a successful trader on: February 19, 2022, 12:22:38 PM
I'm not that really good trader, this guide is good but probably would be difficult to follow like me I can't do a back testing, I really don't know how to do that. Do you have some guides on how to do a back testing? I usually see the back testing when someone is doing a strategy and they wanted it to execute using their own bots.
back testing is when you're looking for a pattern/strategy on the previous history wherein to figure it out how accurate it is in different time frames.

Just try one strategy, for example supply and demand/support and resistance and some pattern such head and shoulders, double button and etc.

If you are not familiar with these patterns/strategies make research and learn them and also don't forget to take a screenshot so that when you back testing you can identify them easily..
713  Bitcoin / Bitcoin Discussion / Re: The most reliable coin to invest in is Bitcoin. on: February 19, 2022, 11:38:24 AM
No wonder why bitcoin is the most reliable when it comes investment in the crypto space, because indeed many people still relying in it rather than alts especially if their purpose of investing is for long run..

You know why? Well because obviously most investors that investing in alternative crypto currency dont hold and they used to make quick profits reason most alts experience rug pull after hitting high value.

Unlike bitcoin holders and whales wherein they wants to see bitcoin improving reason most investors sees its always a smart idea to invest bitcoin than alts because surely afterwards they can make good returns from it.
714  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What is your opinion on the method of payment for bounty rewards? on: February 19, 2022, 10:40:34 AM
As the name implies it is supposed to be a "paid to perform" task.
Bounty rewards are all calculated each rank and as a participants of the bounty you should read their rules first before joining to don't missed some of the information especially when it comes payment, So dont based on your performance mate.
and however if you noticed that you didn't receive an exact amount of payment then contact them because surely there significant reason for that, i mean unless if they're not scam.
715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is the safest coin to stake? on: February 19, 2022, 09:48:26 AM

I know it's impossible to predict the future but what would you folks advise someone in my position?
no one actually can predict the future mate. so if you want to a stake coin i highly suggest to make research first which can really guarantee a good return after all. I mean don't trust in any recommendation and make your own research as well to obtain more specific information. for example which crypto is really good to stake this year..

And of course alway remember to risk what amount you can afford to lose only to prevent regrets especially if you want to stake a new token because you see it very promising..
716  Economy / Trading Discussion / Journey of a successful trader on: February 19, 2022, 09:05:22 AM
 I don't know if most of new traders nowadays really following the proper way to become a successful trader. because to be honest what i see is a bunch of frustrated traders and some traders that still keep pushing despite of their losses..

Actually I've been there when i was new because of greediness and etc wherein until i found this information from some group in the internet , sorry but i forgot the name but the title say "a journey to become a successful trader". .

So that time i decided to start from the beginning and after how many months there's literally a big changes on me and i become more confident when it comes trading..

That's why i create this thread to help every new trader and to tell them that there's a real path for it.

Actually there's only 8 steps to become a successful traders so better to follow it than creating your own journey.!

1. Learn the basics - make sure to understand all the basic concepts before advancing

2. Choosing a system - develop your system

3.Trading plan - Create a trading plan around your trading system

4. Back testing - Now it is time to test your system by back testing and also forward testing

5.Review - track and review your trades Calculate your expectancy

6. Demo testing - Trade it like a live account & build knowledge

7. Live trading - manage your risk and trust your trading plan

8. Professional trader - grow your account exponentially, keep reviewing and logging your trades. Be consistent and be disciplined!


Credit to the respectful owner of these information..
717  Alternate cryptocurrencies / Altcoin Discussion / Re: Twitter now supports Ethereum wallets on: February 19, 2022, 07:01:18 AM
Why Ethereum instead of other coins that has low fees or at least a reasonable fee. Even bitcoin would have been a better option. I doubt anyone would want to spend $15 for sending a $1 tip for a good tweet. They probably will be using off chain transaction for all the tipping, but then what's the use of "supporting Ethereum wallets"? I doubt anyone would be able to withdraw anything from their wallets due to high gas fee. They should have used some other coins.
well who knows in the future if ethereum gas fee suddenly makes changes and it becomes fair again?  
And probably twitter is not pushing every user to send tips with ethereum in my personal opinion, wherein they just want to acknowledge all people that ethereum feature is available and it still depends to all if they will like to use it or not for tipping tweets.  Cheesy  
718  Other / Beginners & Help / Re: valuable experience on: February 18, 2022, 08:34:39 PM
hi have you ever heard of the binomo platform? i lost $300k while trading on the binomo platform. i feel stupid, i thought the binomo site is a cryptoqurrency trading site in general, uh it turns out the site is a gambling site under the guise of trading. this is a valuable experience because i have lost all the money in just seconds  Cry
nowadays people around me think that cryptocurrency is a scam, people no longer believe in bitcoin. the name of the cryptoqurrency is tarnished because of the binomo platform  Cry
who introduced you to use that platform? Because to be honest i never heard that platform before.
And also it will be better if you will tell us the whole story how you lost your money in just a seconds from that platform. They took it or you trade it?  
Because if you trading and suddenly that things happen it means you did something wrong that's why you burned your account without knowing..
However if they took it, i mean your money disappear on it, surely it's a scam trading platform. But yet i don't see any negative feedbacks about binomo..
And lastly why did you trust that platform for such amount?
719  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Prediction on: February 18, 2022, 07:03:43 PM
Anyone can predict it. Just like what you said it is just a prediction but if you are looking for someone to make analysis after 10 years I don't think anyone can do that in 10 years there's a lot of things that can happen not only on market but on the economy such as they can start accepting Bitcoin or make it illegal this could make a great effect in after 10 years so no one knows but if it is just prediction you are looking for I think the Bitcoin will reach $1M per Bitcoin that's my prediction.

the fact that not all the time market has not the same situation and the history itself didn't repeat every year ,it's really too hard to tell what will gonna happen in the future. but yeah you have point wherein just a prediction but remember that it's always too good to be true especially if you have plan to invest for long term @abell008..
720  Economy / Speculation / Re: Bitcoin Weakens at US$ 42,145.35 The Impact of Russia's Conflict with Ukraine on: February 18, 2022, 04:31:59 PM
investors focus on the conflict between Russia and Ukraine that has the potential for a Third World War. In addition, there is speculation that the Fed will be hawkish in making the transition to tightening monetary policy, thereby reducing liquidity to the crypto market.

well in my personal opinion they're not the only one that using crypto currency on this world so i don't think because of that reason they can make a massive impact in the crypto market.. Infact  crypto is a decentralized and its working through internet why we need to worry about such things? And for sure there's always a way for that. Just saying mate.  Cheesy
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