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721  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The new star of the stock market is APE COIN!! on: March 19, 2022, 05:56:44 PM
I really doubt that it would have a long life. I get that memecoins did have a time during the last year and they got a lot of attention, but that was just that period and I do not think that they will have the same situation all over again. I get that it was a good period and anyone who invested early into them made some money afterwards but that is the past.

This one will probably have their time for a while but then they will be ignored just like any other in the market. What I believe is that we should not really be looking into anything that would be difficult to explain to some elders, bitcoin is easy, eth is not so bad, ape/doge/shiba and all that would be getting weird looks.
722  Bitcoin / Bitcoin Discussion / Re: Elon Musk Wont Sell his Bitcoin on: March 18, 2022, 08:32:39 PM
His logic is sound though. I mean it is better to own "things" then have cash. I rather have zero dollars and multiple assets than, have enough cash in liquidity to buy some assets. If someone asked me if I preferred 3 homes each worth 250k, or 750k in cash, I would say houses.

I mean that way I know that not only will I make rent income, but I will also get it go up as well, what can I do with the cash? If you are a business person then you may use it, but I am not and I rather own the houses instead (this is simply an example to explain my thoughts on how effectively make use of money for my needs rather than looking for making money to work for us).

Crypto allows you to do that in much smaller scale, even at 750 dollars and that is how you could make money in crypto without needing too much capital.
723  Economy / Economics / Re: What skills should I learn to get freelance work ..?? on: March 18, 2022, 06:14:27 PM
The best one is networking. Doesn't matter what kind of job you do, it is all about getting the work. You are not a developer? Find a work for a developer and then get paid a lot and pay someone less to do it.

You got a job for designer? Get the job and pay another designer to do it. You can always hire someone else who would be willing to work less than what you are paid to do, not going to be quality work at first, but the more you do it, the more network you will gain and the more money you will get paid. Keep them in a single place as well, that is important. That could be a website, or a forum page dedicated to it, or anything else you want, but put all of the work you have done in a single place so you can link that to potential business chances.
724  Economy / Trading Discussion / Re: Buy more so you can sell some on: March 18, 2022, 04:09:06 PM
We should have a savings account in case our investments are in trouble, because investing doesn't always bring the returns we think we should. If we don't have a backup savings, when the investment we have problems we will start everything from the beginning and that makes us depressed and easy to fall into despair when we will lose everything. Both saving and investing (70% can be used for investment and 30% can be saved).
Agree and this is where stablecoins like USDT play a big role. I am a casual trader myself and I keep all my savings or as some call it, bankroll, in stable coins. Half in BUSD and other half in USDT since these are centralized coins so not safe to keep them all in one crypto.

Now what I do is, I take some 10% from it and trade rigorously and if somehow I face loss, I move some more capital into the trading from my savings. If I make profit, I just cash that profit in stablecoins and move that to my savings.

You need to always cash profits otherwise if you keep trading even when you earn, eventually, you will lose it all.
725  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your plans for the 2022 crypto market? on: March 18, 2022, 06:35:44 AM
pretty good plans for the start of the year. well, I'm also planning almost that, it's just that I'll probably focus on just 1 coin, which is BNB. I plan to have more than 20 BNB this year. well, even though I currently have very little BNB, and still have other coins, but I plan to sell other coins when the price is rising and buy BNB. well, maybe $5k worth of BNB at $400 is my current plan. the plan may change depending on the circumstances. hope the BNB price hasn't hit $1k before I have 20 BNB minimum in my wallet.
I do not do just one coin, it just makes me feel like I am missing out on something and that is why I try to stay away from it as much as I can. However, with the diversified or single coin, the argument and the goal is almost always the same for people like you and me.

If you are rich enough that you have enough money saved aside and you do not have to worry about, then life is good for you. Could I save that kind of money? I could probably do that, but then it would require me to never live my life. No vacations, no purchases of any items I want, no dinners at a good restaurant. If anyone tells you that you need to stop living your life in order to save, ask them save for what.
726  Economy / Economics / Re: Ukraine has legalized the cryptosector on: March 18, 2022, 05:12:16 AM
The cryptocurrency market in Ukraine has worked before, as the government has always favored the cryptocurrency. But indeed, after the war began, crypto assets became a powerful tool for attracting additional funding to protect against Russian aggression. During the three weeks of the war, the crypto fund of Ukraine raised more than $54 million in crypto assets for defense.
When your nation is getting 100+ million euros in donations from crypto, suddenly you would be getting a bit more interest towards it personally as well. We need to remember that presidents are regular humans as well. Humanity likes to create gods out of people and keeps on promoting them to be heros and all that, you do not have to like trump, you do not have to like Biden, you do not have to like Putin or Zelensky or macron or merkel or anyone.

These are just regular people and just because they have a different profession then yours, you should not be really promoting them to a higher standard. This is why Zelensky probably saw the money coming in, and changed his views, realized he was wrong and accepted it this time around.
727  Economy / Economics / Re: The economy is important for a family! on: March 17, 2022, 08:26:47 PM
To summarize, we could say that they should be financially literate because doing so will increase their chances of being successful. We should guide them through the process of investing, as you can see now that technology is evolving and we must adapt to it in order to be successful in our endeavors. I believe that kids these days are easy to teach when it comes to this, and that we should simply guide them down the correct path because they do not have any previous experience in this area, allowing them to be successful.
We should be careful about our teaching though. I mean my father tried the same, tried to teach me value of money at a very early age when I was not even a teenager yet, just a child, and I learned it and I am thankful for it to him. However, this resulted with me putting money at the center of my life and react to it like the most important thing ever. I sometimes did not even care enough about my health, and still worked hard to earn.

Lately, life happened and it gave me a good lesson that says health is more important than money, and I took care of that problem before I went to back. Now I am working maybe more than ever, but I took that break and realized my health is very important. If that did not happen, I would be working from early morning until late night and probably die at early age (still could happen of course, nobody knows).
728  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto prices are starting to strengthen again on: March 17, 2022, 05:56:22 PM
We all here believe in growth but you should not wait for the actual growth to happen before you finally decide to invest or to buy more because that is a risky strategy, chances are the price will dip after it but if you manage to get lucky, the increase will continue giving you some earning which you will then need to grab or else you will regret it.

Cryptos are unpredictable and unstable, that is a big check/fact but this unstableness is a blessing and the unpredictability of crypto gives us excitement or a thrilling experience, it was literally like a roller coaster ride. It's only nice to know that despite of the war and other negative news, crypto price still remains to be strong.
I have to say it is not clear what causes bitcoin to go up, or any other crypto.

Sometimes there are good news and it goes up, sometimes there are bad news and it goes down and those are easy ones. However, this is not guaranteed, sometimes it does absolutely nothing in good or bad news or sometimes it even reacts in reverse. So, this is why there is nothing wrong with the fact that considering crypto as unimaginable to predict beforehand with certainty.

You could always try to predict, assume, guess but those are not really things that means "info", it is just made up things that we hope it hits. Obviously it sometimes results with us being right, and sometimes results with us being wrong.
729  Economy / Economics / Re: Donate to Ukraine on: March 17, 2022, 12:10:38 PM
It seems that Ukraine won't give up that easy but they are fighting till their very last end using all the resources they had collected from donations. How much is that donation again? it didn't reach billion right? So, that means there's only few money left in the wallet. They will need to use that wisely or use it only for clearing operations and rebuilding their cities. That should help them somehow but for now, they need to conserve food and they need to plan their attacks properly so that they won't waste an ammo.

Who says that Russia use crypto for corruption? I am not informed with that but what I only heard is it's going to use it as an escape for the sanctions given to them.
The difference between an attacking nation and defending one is that defending nation will always be there. Russia could destroy the politicians and install a puppet if they want to, but the defending nation will always try to get out of that. They had like 5-6 different presidents since Putin became president of Russia. Their logic is never the same as Russia and will oust the person who Putin put there no matter what the cost is.

Also, during the war they will not stop attacking back, even if the last person is standing in all of Ukraine, they will still attack because you are attacking their land. The best possible case could be USA in Afghanistan, could take decades, but will always end up with Ukraine getting back in power.
730  Economy / Trading Discussion / Re: Tips for good trading on: March 17, 2022, 04:48:10 AM
If practically all traders can follow the above-mentioned advice, I believe it would be beneficial since traders will know exactly what they are doing and what they can anticipate in terms of profit. Traders will also be aware of when to sell and when to purchase. Most traders are held back by greed; they can't afford to take a small profit and walk away, so instead of waiting for more, they end up losing practically all of their profits.
These suggestions are quite useful, and I am confident that they will effectively lead and assist novice traders.
Those are the very basics of trading. Yes someone extremely new to trading must know Risk, Budget, Greed & Mistakes but these all are the psychological side of trading. The real tips are learning about how to analyse projects if you are investing in altcoins. Learning about TA (technical analysis) because no matter how good you are at fundamentals, you will need some technical knowledge as well on when and how to trade your assets.

The best advice I would give to any trader who is starting is to open a demo account, consider the amount there as your own and be serious about it, trade and learn. Once you feel confident enough start trading with real money. The key here is to consider the demo account as your own funds, if you consider then free money, it's more gambling than trading.
731  Economy / Trading Discussion / Re: Be comfortable with your strategy! on: March 16, 2022, 06:43:04 AM
You do know that scalping is not an easy strategy to make use of in trading. But that doesn’t mean it’s a non working strategy, it does work if you really know how to make use of it. But as you said it is always best to make use of the strategy you understand and the one that really works for you. But that doesn’t mean you should dismiss other strategies, it wouldn’t be bad to also try to learn other strategies and to apply them and see whether they would work out for you.

But while doing that, make sure that you have truly mastered the one strategy that has been favoring you. The reason why it’s good to also learn about other strategies is so that you wouldn’t have to be relying on just one all the time, you can as well have other strategies to rely on to switch things up when there is a need for it.
732  Bitcoin / Bitcoin Discussion / Re: Is now a good time to be investing in Bitcoin? on: March 15, 2022, 10:32:44 AM
We need to realize that Bitcoin doesn't really have a "bad" time to invest into. It has a good time, and it has an even better time. It is a good time to invest into bitcoin when it is 60k+, it may fall, but it will go up anyway, it is even better to invest when it is 40k or under, it is already bottomed out and will make you money. Both are great times, one is just better than the other and that's it.

I would always invest into bitcoin and I would never say people not to invest into bitcoin. The only difference between them would be to either invest and wait longer, or invest and profit shorter.
733  Economy / Trading Discussion / Re: Leverage Trading on: March 15, 2022, 08:12:40 AM
Margin trading is dangerous for beginners and for those who do not comply with risk management. The leverage provided by the exchange will help you to operate with a larger amount in the transaction, and will also allow you to open a short position, which is impossible to do with spot trading.
It is risky for the newbies and it is risky for every veteran as well because the leverage makes sure that you lose ALL your entry when you are wrong and it is like gambling. However at the same time we are talking about something that is done by so many people and that is what I want to get attention towards. I mean there are so many people who do it, and the other half is making money from it.

As much as money lost, there are money earned as well. Maybe there are 1 million people who wagered 1 dollars each versus one guy with one million dollars and just one person won and 1 million people lost. It is not as clear as that usually, but the winner people could be less than losers, but they are still there.
734  Economy / Trading Discussion / Re: Journey of a successful trader on: March 15, 2022, 05:24:19 AM
Most of the new traders these days always see the need to make profit as a priority. The reason why they are hardly successful is because they have no clue about trading in the market and they are just focused on the profit that they will make. Most of them just ask about how much that they can make from the market and they really don’t ask about how they will be able to trade and make that profit.

Things are going to change for most of this traders if they start to change their mindset and get to know that the most important thing is to focus on learning cryptocurrency trading instead of talking about profit. You cannot make profit when you don’t know what you are doing, you are just gambling and when you see this as a gambling it wouldn’t work.
735  Bitcoin / Bitcoin Discussion / Re: 30,000 Bitcoin Buy-In on coinbase on: March 14, 2022, 09:24:19 AM
I really doubt that 30k would be bought all at once and from just one place to another like that overall. I believe it could be exchange movement to cold storage like everyone suggests. If there is a company buying 30k bitcoins, you wouldn't even hear about it and you can't see it on coinbase like that.

Tesla bought 1.5 billion dollars worth of bitcoin and nobody saw that, why? Because, they use OTC for that and use many many many wallets as well and all of them in cold storage as well in the safest possible place. That is why I honestly believe that people should not consider these big moves as a great deal since they are mostly just exchanges doing cold storage.
736  Economy / Economics / Re: Fuel prices hitting an eight year high on: March 14, 2022, 06:23:06 AM
I wonder why the Americans are still tolerating this loser called Biden. When Trump was in power, the crude oil prices were hovering at around $40 per barrel. Since then the prices have risen by more than 200%. And the Russian invasion had only a small impact on this. The crude prices were already close to $100 per barrel, when Russia started its invasion. The real reason for the price rise is stupid policies from Biden, such as the termination of Keystone XL pipeline and prohibition of fracking in federal lands.
Mainly because they are not as brainwashed as you are. Because, it was around 50+ when Trump was in power almost all the time except a few times. Secondly, Biden is not the reason why the oil prices are high in the USA, you do realize that it is high ALL OVER THE WORLD right? I mean when you do not take oil from Russia and put sanctions against them, you are going to have a higher price on oil, and this is done by the whole world and not just Biden.

Secondly, even during a time like that, and even while west is still suffering a lot, Biden figured out a cheaper way by dealing with Venezuela and got them out, and the price dropped $30 overnight with one signature from him. Keystone XL would have covered literally 1.5% of all the needs, and you are brainwashed because you think that would drop the price significantly somehow, that would be like maybe 1.5 dollars drop on price even on a great day.

So, you can keep on making yourself believe that Trump was good. But Biden has been amazing for rest of us.
737  Economy / Trading Discussion / Re: PROFIT must not be top priority in trading, instead of LEARNING first. on: March 13, 2022, 08:58:59 PM
Are we really separating them from each other though? I mean you are learning because you want to profit, which means that your priority is profiting and not learning. The meaning of the word priority means you do something, and it doesn't have the your priority, you could do something to get something else. When you are playing football, the priority is to win, it is not to play.

The same thing here, you do learn, but that is not priority, you learn because you want to profit. Sure there must be some people who learn for just learnings sake and that is understandable but that doesn't mean that it is the case for everyone and you have to get better at it for sure.
738  Alternate cryptocurrencies / Speculation (Altcoins) / Re: REASON WHY ALTCOIN MARKET HARD TO SPECULATE on: March 13, 2022, 05:03:27 AM
Altcoins lose value faster than BTC is that's what you need to hear,
People are massively converting their tokens to the bitcoin once the bear occured. People are using bitcoin as the place to keep the value from the bear market. The bear market itself was triggering by bitcoin. This is also making the altcoins dropping so hard compared with bitcoin. That means once they are able converting their altcoins to the bitcoin mean they will be a winner as they can buy back at the cheap price.

a 10% loss in price of BTC can tank 30% or more off any altcoins this is why I only invest 30% of money into altcoins and 70% into BTC, the best store of value after stable coins is BTC.
Agreed and altcoin suffer more lose once the bad news are coming at the same time. I have seen even some lose more than 70% as well. Diversifying our portfolios looks a good idea but remember more risk and more gain.
That is mainly the fear of not knowing which coin will survive and which token will fail. This is why most people end up changing their crypto holdings into either btc, or stablecoins. This way you are aware that you will end up with something that will survive no matter what.

Obviously it is not going to be that easy, obviously we are going to end up with some things that will lose us some money. But that doesn't mean that we can't be picking the most careful ones. Even if BTC goes down, even if inflation causes our stablecoins to be "valued" lower (the amount can't go down since it is stable) that means we are at least at the most riskless thing.
739  Economy / Economics / Re: Inflation hits Russia on: March 12, 2022, 09:36:54 PM
Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.
Think about it, just really really deeply think about it. There is a nation who wants to join NATO, its a nation, like totally separate from anyone else, it is independent, not like some island that is tied to UK or something, fully 100% independent nation. Then another nation comes along and says that they can't. Do you see the logic behind that? Like how can another nation attack a nation because that nation decided to do something independently.

Ukraine was literally that. Ukraine said they wanted to be in NATO, and in EU as well, and Russia said "that would be bad for us, we are not allowing it" and then attacked. So basically what Putin said is "As Russia we are not allowing Ukraine to make independent decisions". That is super scary to me.
740  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT for money laundering? on: March 12, 2022, 08:58:35 PM
No system is safe, your speculation can indeed happen. The better technology is created,
the more loopholes for crime to enter, moreover NFT is a new concept that is popular lately,
of course money launderers will think about how to launder their money in NFT and it is very difficult to avoid it.
So far I haven't found any security that exists in the NFT itself apart from the blockchain,
which means it's very easy for criminals to carry out their actions here. An example is Evolved Apes.
New technologies are created by people so people are also the one that can damage or destroys it but the better the technology is I think the better the security but maybe except in their early run because bugs and exploits can still be easily found during this phase but later on it will be improved.

It's not only NFT but all cryptos actually because they are all decentralized. You can transact here without the need of revealing your own identity and in case a KYC is required I think a true criminal can still bypass it by supplying fake id and fake details. NFTs are secure, just like a crypto because if they aren't, there will be no confidence with their investor.
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