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7521  Economy / Trading Discussion / Re: Always keep fiat while holding on: September 03, 2018, 04:33:18 PM
I think it is always good to keep fiat so as to buy new coins when the opportunity comes and so don't invest all your money.
That is always true. Whenever their is a big pump after a continuous bear market there is going to be a big dump coming soon. While everything might seen green the whales actually put in more fiat and make sure to initiate a dump so that majority of the panic sellers start dumping as well causing a massive dump. This is the point where one can take advantage and use the fiat to get other cryptos at dirt cheap prices. Add a little bit of FUD in the social media and the prices drop even more.

That how people manipulate the market with the help from whales. Wink
7522  Economy / Gambling discussion / Re: Is gambling addiction mainly due to loneliness and dissatisfaction? on: September 03, 2018, 04:26:45 PM
I don’t think so at first. The early stages of gambling addiction is when you are used to winning and you always keep positive that you’ll win back what you’ve lost and once you’re there and you’ve lost everything, that’s when it starts. Loneliness and dissatisfaction then becomes the main reason. Looking back to everything you’ve been through, and replaying the same scenes as to how you could’ve changed your decisions.

When a person first starts gambling they dont look into the dark side of it. Like any other aspect of life, it also has very bad consequences. Because at that time they are blinded the probable returns that gambling can give and not the loss they can incur. Some wiser folks do recognize their folly soon and stop gambling but most people who are willing to take the risk would continue gambling and get addicted.

But this has nothing to do with loneliness in my opinion. A person who would become an addict would become one irrespective of other factors.
7523  Bitcoin / Bitcoin Discussion / Re: How do I find the Next Big thing like Bitcoin? on: September 03, 2018, 04:21:30 PM
You're chances is to invest in ICOs in which are much affordable to purchase than Bitcoin price of today then buy as much as you could so that luckily if the price will sky rocketing in the future then of course you will earn more than enough that will make you to possibly be rich. Just make sure that you will choose the best ICO that has the potential to give of what you are looking for.
And how is one going to find out the biggest ICO of the year? Its a different ball game altogether when you talk about ICO markets. In altcoin markets which are already here for a long time its easier to make a decision to buy because all know that they are going to go up when bitcoin goes up. But ICOs may not be successful in raising the money and starting their product.

While its technically a scam since they are not regulated, they can snowball you by not listing on any exchange for months and then you will get frustrated with your investment.
7524  Other / Meta / Re: Newbies, Bounties & spam. on: September 02, 2018, 04:00:32 PM
Theymos  brought the merit system obviously to check spam.
It controlled the spammers and so called "bounty hunters" from ranking up. But it does not do much for spam. It is expected that these people who get blocked at the lower rank with zero merits would get frustrated or not being able to rank up and then leave the forum. That does make the forum clean but its better controlled if the number of mods working would be increased.

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But have you pondered  over why newbies didn't have to earn merit(s) to rank up junior members? The forum somewhat allows members irrespective of their ranks to contribute to discussions  and learn too. But in liberal societies you can't always have everything in the garden being rosy. Sometimes some of these spammers make me laugh out loud. Grin
Its called Freedom of speech. But without regulation it ends up in a spamfest. While there are some good topics posted even on "Bitcoin Discussion" at times which are worth talking about, it get ruined in a few days with a hoard of newbie "Great, Project Sir" members vomiting out half-English posts to get their post count done. Tongue
7525  Economy / Trading Discussion / Re: How to learn cryptocurrency day trading! on: September 02, 2018, 03:55:22 PM
Yes it was very nice to watch video's on youtube in order to learn even more since the explanation is very concise and coming from professional analyst.
Very nice way to fall in the bull traps of youtubers who shill and promote their own shitcoins indeed. Roll Eyes While some youtubers do have some brains (just a handful), majority are just pumping their shitcoins and calling out the general market attitude. Nothing special because that special info is not public and it remains with the whales.

to be able to learn how to be able to trade cryptocurrency and do daily trading properly and be able to benefit now there are many ways in some media such as YouTube so you can learn more clearly.
Another bamboozled member who does not understand the two sides of the coin. You can learn trading but dont fall for the shitcoin traps that they show.
7526  Economy / Trading Discussion / Re: Always keep fiat while holding on: September 02, 2018, 03:51:10 PM
Crypto need to hold to earn huge profit.
LOL. Just one big pump of bitcoin and every other people has been talking about this same thing. Do you realize the pain that hodlers had to go through in 2010-2013 period? Only those who managed to survive that run and possibly unknown fate period of bitcoin managed to sell at 20k USD and get "huge" profit.

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If you hold fiat you can't increase your money for the time passed, we need to seperate our own  fiat money with our digital money.
Do you understand that fiat money gives you a chance to convert the volatile crypto asset to a stable coin like USDT for a short period of time in case the market goes sideways? I believe you should look into what USDT is and how you can use it to your advantage forgetting about what the negativity is surrounding it.
7527  Economy / Trading Discussion / Re: How to learn cryptocurrency day trading! on: September 01, 2018, 04:19:06 PM
Your experience in trading will make you even better in the future so it was fine to make mistakes today because mistakes is necessary in order to become a better trader or investor.

Its also important to rectify those mistakes. Certain people do understand that they are making a mistake but they fail to take countermeasures to rectify them. A few of the most common are entering in the wrong point of time and getting FOMOed. Panic selling is also a important "mistake" but its debatable.

Most of them can be avoided once the person gains experience but controlling their emotions are also important. Specially when you are trading on a bear market. Wrong point of entry can be corrected by patience and planning of when to enter with a target exit in mind and FOMO can be avoided by forgetting about that specific coin and avoiding it - but keep an eye on it in future if you feel its worth it.
7528  Economy / Trading Discussion / Re: Everyone loses money when the market is down right? on: September 01, 2018, 04:13:58 PM
Technically we'll be losing for a few days if we have purchased bitcoin at high price, but it's an opportunity for those who need to buy at smaller value. Eventually it made you learned from that experience when you suddenly picked and decided at wrong point of view.
Why would anyone even buy bitcoin at the higher price. If they are not going to look into the past price charts then they should not trade like that. Except those who need coins in a emergency, I dont see any reason for a trader to buy at high price, say 7k USD and then hold it. Still many people have done so when the bull run happened last year. Now they are at a loss and holding it painfully hoping for a green market to sell.

But if they do at least a little bit of research on the price which is the easiest to obtain, they have either FOMOed, like I said above or they did not look into the charts.
7529  Economy / Trading Discussion / Re: Crash recoveries are not moons on: September 01, 2018, 04:06:01 PM
Waiting for moons is not the only one option. Overexciting of people give an opportunity to speculate on day/week price jumps. Everyone think that 2-4% per day isn't huge profit, but in summary it gives real money Smiley
Please dont promote sites like this. What you may like for yourself might be suitable for others. Also people tend to look into short term gains as far as retail investors are concerned and those who tend to panic on losses would just cash out their money once a small gain happened. This is one way of trading, so saying its good or bad because that is a personal choice.

I think the cause why people always thought recoveries price will continue is because they expect and compare between situations last year so they will always be linked recoveries market with the process bitcoin reach the highest price but i have to says with the current market movement i think difficult to repeat it at least for near future
It is possible that last year's price gets repeated but we must also remember that the pump is over estimated this year and there might be premature dump in this enthusiasm.
7530  Economy / Trading Discussion / Re: How do you start trading? on: August 31, 2018, 09:15:03 AM
If you are trying to day trade, you will have to learn how to time it out. You need to have extreme discipline as well. It's very easy to be excited about a coin, thinking it will keep rising. If a coin has dipped, that is typically the time to buy in.
Day trading is not easy. You need to analyse the RSI and stochastic RSI along with other market indicators to have an idea of where the market is moving. Alternatively you could join a telegram pump and dump group and follow the signals but then you will lose more money than you make because the group owners actually trade in the opposite side. You could take advantage of this and try to sell when they say pump and so on. But doing so is risky.

In my own opinion, trading is very simple and the only problem is the traders who are selling their coins at the lowest price every time the market prices are dropping so hard.
If you have never done it then obviously it will seem simple. Try some trading by your own hands and then talk about it. Wink
7531  Economy / Trading Discussion / Re: Always keep fiat while holding on: August 31, 2018, 09:09:34 AM
Holding on to Fiat when holding means you know what you are doing. Sometimes the market could go sideways and the price of coins could come down drastically. That will be a very good opportunity to buy some coins with your Fiat.
Its called arbitrage trading. When bitcoin goes up mooning, you can sell them for USDT and then hold the USDT for the bear market. Then you cna use that same USDT to buy a biggest amount of bitcoin. This cycle can be continued and the result is the gradual increase in the stock of bitcoin or USDT whichever you want. One volatile currency's volatility used to increase the assets against a stablecoin.

I think you are correct. However, not everyone can trade, and many people end up actually losing coins rather than making profits. So, you have to decide if this is for you or not.
You have no idea what you are talking about. Hodling fiat is important in case the market goes opposite the direction of which you are predicting it to go.
7532  Bitcoin / Bitcoin Discussion / Re: How do I find the Next Big thing like Bitcoin? on: August 31, 2018, 09:04:44 AM
If you believed in the digital currency in 2009, which few people knew, I think that you have a good intuition to independently choose a promising coin. There are many Soviets and not all of them are good. Do not take risks, make your own decisions.
What connection do you mean between Soviet and Bitcoin? There is literally no link between the two and the creators of bitcoin. Since till date bitcoin has been providing the things fiat could not, it is also becoming popular among mainstream users and it is gradually becoming big. Cultish followership is there but as it goes bigger we can see greater price movements as well.

Let us hope that the next big thing for bitcoin is its adoption in mainstream on a larger scale and some ETFs to get accepted at least.
7533  Economy / Gambling discussion / Re: Really! Where is the fun at? on: August 31, 2018, 09:00:32 AM
I don't see the fun there. You are in the house, you don't have people you can taunt or talk to when you are having some winnings. I mean, even if you say that you are just gambling for fun, you still need to socialize inside the casino you are gambling in. That is no fun when you are not socializing.
Talk about physical casinos, accepted the socializing part. But talk about online casino, the only social part is the chatbox and forums and chatboxes are filled with beggars and trolls. Very few times do we get a proper conversation going there. Even when there is some idiots will come in to ruin the mood or just troll the people who are chatting. Its best to keep the chatbox closed.

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I do gamble online but I don't really have fun there. I think that is just a way of me to waste my time and I am using free BTCs so I can gamble all the time I want.
Free bitcoins? I would suggest you to hold those coins for future. You never know when the price is going to go up up and away.
7534  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][ICO] 🔥Vividcoin.app - Augment Your Portfolio 🔥 on: August 30, 2018, 02:50:12 PM
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7535  Economy / Lending / Re: Seeking 0.3 bitcoin loan. Offering 10%+ a month in interest, negotiable on: August 30, 2018, 11:50:07 AM
Yes, I am employed and I am also a business owner.

Either go to a bank and mortgage your business property to get a loan or just wait for your salary to buy some bitcoins. Unless of course you are doing some call center job who pays teeny weeny pennies forget about getting a loan here.

Without any collateral your throwaway account lending attempts will never be entertained. So either get a collateral or read what I wrote above.
/thread
7536  Economy / Gambling discussion / Re: Really! Where is the fun at? on: August 30, 2018, 10:29:49 AM
Whoever thinks gambling even gives them hope like lauder_larger stated is only living in a huge fantasy. Every gambler gives them-selves hope based on luck with an outcome that is usually negative anyway. It is more like 1 person out of 99 winning while the others losing and the 100 of you trying to fight for that winning spot.
They are all fighting to win that spot mate. No one will win and the casino will milk out money from them. The addicted gamblers dont realize that and so if someone who is responsible with their money and knows where to spend it would not gamble it. Everything has a limit and crossing that limit will only lead to bad conditions. Its the same with gambling.

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Seriously, where is the hope in this and where is the fun as well. If I want to have fun, I would rather watch movies or play video games.
For some people the thrill of winning big and winning jackpots is what drives them. But I would say it leaves them hanging high and dry before they even know it.
7537  Bitcoin / Bitcoin Discussion / Re: Five Reasons to Impact Bitcoin Prices on: August 30, 2018, 10:25:09 AM
So in crypto bitcoin is the most important and valuable coin for now as we can say that in the future bitcoin will use for many purposes so it will make bitcoin more expensive.

What makes bitcoin expensive is its demand and the supply. Because the supply is going to be limited after a certain period the demand will rise. Now whales will pump coins and dump them making the markets crash. But that is least important when we consider the ideology behind bitcoin and crypto. So those who believe in the future of these assets are holding it and actively trading it.

I don't think prices are always manipulated by someone. do you know bitcoin marketcap reaches billions of dollars? who is the person who has that capital and wants to take risks by endangering their money to manipulate the market which is not necessarily possible. but I do not rule out the possibility of manipulation sometimes happening
The marketcap is not real. It is at least 50% excess of what is shown in coinmarketcap. One of the major reasons is unlisted trades which happen and p2p trades that go on. Its not possible to track every one of them.
7538  Economy / Trading Discussion / Re: What Role does Exchanges Play in Fighting Pump and Dump? on: August 30, 2018, 10:20:38 AM
Pump and pump aren't good for the cryptocurrency it's mean pump and dump are controlled by bigtime investors to manipulate the price
We need to make plan how to avoiding this kind of manipulation in the crypto for the security or all cryptocurrency holders and to encourage more people to invest in crypto
It is true that pump and dump makes people think of a certain asset as a pump and dump scheme and avoid it but it is also profitable for those who can identify when the pump starts and when the dump starts. If you keep following them you will be able to set a certain price to buy and a certain price to sell. That way you can recycle your money, reinvesting it for more profit. However swings of price can happen any time and you might lose money as well.

I never thought market can prevent this thing, neither binance or others. Pump or dump just a speculation from the owner of the bitcoin itself, out of the other factors. There's no other way except fight alone and avoid damage things.
Its not enough to fight it. If you want to avoid it totally you have to hodl and wait for years to pump it big.
7539  Bitcoin / Bitcoin Discussion / Re: Is this another bulltrap? on: August 29, 2018, 08:26:51 AM
I dont understand what is wrong with people. A few days ago social media was full with "Bitcoin is dying" and "Last dump of bitcoin and bitcoin dead" and now today when the market is green people are calling it a bulltrap. You people have no patience and neither do you all do any sort of analysis on the market before jumping into conclusions based on what people sepculate.

If it is a bulltrap then let it be so. Who cares? The market is green after some time now and people are rejoicing. But this one might not last long since we know some newbie bought coins at the 7.5k USD mark and they will be shorting their coins soon. So yeah it might drop soon.
7540  Bitcoin / Bitcoin Discussion / Re: How do I find the Next Big thing like Bitcoin? on: August 29, 2018, 08:23:08 AM
Crypto market just start, "Big thing" you're looking for is still sleep. Bitcoin and altcoin which have true value will be increase rapidly in near future. trust me and belive in BITCOIN.
Why would someone trust a stranger on the internet forums? Its true that bitcoin and crypto has a value in the eyes of the hodler but you should also trade them frequently in order to increase the profits obtained. Simple hodling does not always make sense. Just observe the market movements and place orders accordingly.

You don't need to find the next thing to be like the bitcoin, instead create a community, group or association to gather, promote and advertise a certain coin and help them to make progress, this will the best option to do.
Thats literally known as shillpromoting a coin. Something that is rampant in this forum but looked down up. Organic growth is what is needed not steroid pumped up growth.
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