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81  Economy / Trading Discussion / Re: One type of trading strategy on: May 22, 2019, 08:21:35 PM
Many of you must have seen this wave in the last time, I have one of trading strategies if you see wave like that,



Eliott Wave Pattern 5-3
Wave 5 pattern is called impulse wave. The push wave moves to form the main trend, while corrective waves move against the general trend. Waves 1, 3, 5 are called waves of motivation or motives, while waves 2 and 4 are corrective waves.

The meaning of each wave (bullish):

Wave 1: Price makes an initial movement up. This is usually caused by a small number of people (for various reasons, whether real or figurative) feeling that prices are at their lowest, so this is the right time to buy. This causes prices to rise.

Wave 2: At this point, quite a lot of traders consider the price to be too high then act to take advantage by selling it. As a result, the first profit taking and correction occurred.


Wave 3: These waves are generally the longest and strongest trend. In this phase,
fundamental news and technical trading signals have attracted many traders. As a result, prices will soar, usually prices will soar higher than during wave 1.


Wave 4: In this phase, some people take profits, and feel the price is nearing the peak. But there are some people who still think that prices are still in an upward trend, so these waves tend to be still weak.


Wave 5: This is the phase where the price is too high to buy, and the power that is able to keep prices up is due to mere of hysteria.

Note that the length of each wave is not always exactly the same as the comparison in the picture, it can be longer or shorter, that is natural.
I also used this type of things in sometimes but whenever you got the tips to use that reading properly it will not work in all the time that is the problem here to follow the Strategies and more anything we need to guide by someone otherwise anything is not easily possible.
82  Economy / Economics / Re: Bitcoin has no practical use and could be damaging to the economy! on: May 22, 2019, 08:13:14 PM
Even with the efforts done by the inventor Satoshi Nakamoto and the people who supported bitcoin around the world, still these guy from EY says there was no practical use for it and the deflationary model can only give damage to the global economy. On my thinking this isn't the case if this guy could only see how good the invention was. For me he was just talking non sense. Something that should not be entertained. Imagine how many lives have been saved by bitcoin in my locality. One was able to pay hospitalization, the other have been able to buy for him a house and lot, others have been able to buy a car to get to his job early, and so many other things.. See how people even made bitcoin atms and for just a simple reasoning bitcoin becomes useless and damaging? I think this guy has to wake up...


Read it here..

https://news.bitcoin.com/ey-bitcoin-no-practical-use-india/
we cannot simply say Bitcoin will not useful in the future there are lots of people make their advantage using their Bitcoin so while the economy of a country is developing it definitely needs the help of Bitcoin in the future that type of situation is also there available for the future in our life.
83  Economy / Gambling discussion / Re: You cannot win in gambling on: May 22, 2019, 08:00:21 PM
Now I am not an expert in gambling but this day was a really eye opener for me, you can never win in gambling. Imagine when you can't win in lotto , soccer betting or whatever you call it, you don't have a chance in slots.

That is good that you have realized that gambling is not for making money but if you play within your limits then you can get entertainment with these games. Some games need the knowledge to guess results better way like sports betting but there is no guaranty that you will win for sure. If you want to win then you should be lucky for that day otherwise whatever we do not so easy to win money in gambling.

Lottery, dice and slot games completely depend on our luck because we can't estimate the outcome.
You can earn money in gambling until you if not good at strategy or how lucky you are. So you dont expect that you can really win. But then if you continue in gambling and you will try a big bet maybe youll win.

Chances of winning in the long run is much lesser than in the short term. And if played just to make money form gambling then probably you would end up on the losing note as not many have being successful eventually at the end of the day.

yes probably the winning chance is very low when you take the gambling to the long period of time or if you are gambling with limitation with Limited amount you will definitely got the opportunity to increase and improve your profit that is the simple things available in gambling field to make money.
84  Other / Off-topic / Re: What are your favorite websites? on: May 22, 2019, 07:44:05 PM
I also like to to read books so whenever any type of blogging websites is available to read I will go and search and learn some stuff newly this is my hubby also to read the websites like giving the the history of scientific news.
85  Other / Off-topic / Re: The Sound Of Crypto on: May 22, 2019, 07:28:47 PM
Happen to find this on YouTube, pretty interesting stuff.

https://www.youtube.com/watch?v=VV19nAuYC_4

Enjoy!
really interesting and creation and your idea about making the things to be funny and entertainment is really going well and I like this idea and your execution totally
86  Other / Off-topic / What is your favourite outdoor games on: May 22, 2019, 07:06:24 PM
Everyone likes to play games in smartphones and computers but in our childhood days will definitely play games in outdoor and they will be definitely more interesting than today's gaming method, I like to to play cricket a lot and what is your favourite outdoor game?
87  Economy / Gambling discussion / Re: Has this year be favourable to you? on: May 22, 2019, 06:56:45 PM
In this year till now I don't get any huge profit for my gambling but mostly if if we are trying to do the gambling for long time it will not been successful so whenever you got the opportunity to take the profit in your hand very quickly then you will be the successful person in gambling.
88  Economy / Trading Discussion / Re: Buy btc with cash on: May 22, 2019, 06:46:10 PM
I want to buy some BTC with cash locally, the seller i found says : "send BTC to your wallet. After 1 confirmation On blockchain, collector takes from the table cash."
Is this enough  to be sure i will receive the bitcoin sold me? Or its better to wait for 2 confirmations?
it depends on your situation and this type of methods are also available lots of investors so if you had the hope with your move then you can definitely doing the things properly and if you have doubt then wait for sometimes and make the confirmation again.
89  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves will replace ethereum on: May 22, 2019, 06:32:12 PM
a lot of good news coming in wavesplatform
in the last few days, waves price growing hardly, even rise more than 100% my friend

is this a sign if waves will be the next ethereum ?


I think the possibilities are very low because there is ethereum is developing good in this situation so when it was not going well only the possibility of beating the the value of ethereum is available otherwise it is not possible
90  Alternate cryptocurrencies / Altcoin Discussion / Re: How to recognize a good time to sell a coin? on: May 22, 2019, 06:30:29 PM
Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments Wink.
there is no good or bad time in cryptocurrency field because we all know no we don't predict the future so if you want really the income to solve your problems then only you need to sell your investment otherwise holding them always a good way to improve your income to a profitable way
91  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC is simply just to cheat bounty hunters. on: May 22, 2019, 05:35:30 PM
I believe KYC is to stop bounty abusers. As a bounty hunter we can create many accounts to take advantage of the reward. That is why KYC are being implemented. But i dunno that is just my opinion.
But this cannot be the real reason since they were asking the KYC after the completion of campaign means they simply want to cut of the rewards to their participants.
92  Economy / Economics / Re: Bitcoin eventually disappear... on: May 22, 2019, 04:57:15 PM
It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.
right, from the analysis that you explained, I can understand that bitcoin will run the opposite, that is, it will develop and be accepted by most people. especially with a large number of spreads, it will result in price increases, this is because supply is limited
Right the limited supply is one of the advantage because we are not going to face the inflation so people can trust ans use i future if they find the importance of it.
93  Economy / Gambling discussion / Re: Did the use of online gambling increase with crypto moneys? on: May 22, 2019, 04:41:07 PM
I think yes, as far as I know online gambling users for crypto continue to increase because they think this is another way to invest even though I don't feel it. Many of my friends are not gamblers but because of crypto gambling, they are slowly putting their interest in this industry. That way, I'm sure there are also many things out there similar to what I experienced in this small scope and that's another reason why the industry continues to grow.
Same here. I believe that with the arrival and induction of crypto in gambling, the gambling activity has increased a lot. Initially people who would not gamble due to fear of getting their identities disclosed not gamble using crypto which keeps you under the mask. In addition, the rise in the market value of crypto people use to gamble with motivates many people to gamble more and take their chance to multiply their money.
Other reasons might be they are from the country where gambling activities were completely prohibited.Not only the identity matters,the convenience on the crypto gambling site made the many people to enter into gambling sites for various reasons.
94  Economy / Trading Discussion / Re: trading bitcoin on: May 22, 2019, 03:56:13 PM
You can always choose the top exchanges in coinmarketcap but the best suggestion that I can give to you is ask yourself first if what are the available exchanges in your country. It is better to use an exchange from your country if there are decent exchanges that you can find.

If you don't know where to start then you can start by asking your fellow countrymen especially those in crypto also if what are the exchanges that they are using. Still the decision is in your hand so you better do your research also to avoid those scam exchanges.
~
Let the local exchange grow for now, because I am pretty sure that traders with the same nationality as you would be trading in large exchange.  It could be quite convenient to have some local exchange because buying Bitcoin into it won't be that kind of difficult to you since they'll provide option to make you pay in some local established stores to buy Bitcoin.
But local exchange may undergo regulations which is against the decentralization so at that time people will look for the alternatives right.I am not saying don't use local exchange but there is no borders here we can choose whatever we want.
95  Economy / Trading Discussion / Re: trading bitcoin on: May 22, 2019, 03:29:41 PM
You can always choose the top exchanges in coinmarketcap but the best suggestion that I can give to you is ask yourself first if what are the available exchanges in your country. It is better to use an exchange from your country if there are decent exchanges that you can find.

If you don't know where to start then you can start by asking your fellow countrymen especially those in crypto also if what are the exchanges that they are using. Still the decision is in your hand so you better do your research also to avoid those scam exchanges.
Local exchange might not have enough trading orders and also there is no borders for crypto currencies so no need to limit ourselves into our country only while trading bitcoin.You can checkout the coinmarket cap to see where bitcoin was traded mostly and can decide which will work for you.
96  Economy / Gambling discussion / Re: 51btc won in a day on: May 22, 2019, 02:29:30 PM
The reason they win big is luck ;-)
He didn’t got the wins in just a day,those 51btc is accumulated with all of his winnings for certain period of time so basically it’s not just luck but skills also and dedication
Quote
and mostly a big bankroll would also do the trick. There isn't something like a waterproof tactic. In the end the house will always win.
But in the end you are right,no one wins in gambling anyways
What kind of dedication you are talking about? If we are unlucky we will not win even if we are continue to gamble all of our life time.All I can see is affordability.
97  Economy / Trading Discussion / Re: Tips to actually start earning from Trading & END LOSES on: May 22, 2019, 01:38:55 PM
Other startegy is very nice but not all because some information I think it's not works but thank you for sharing.
Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money.  But for the startegy we can use it to start earning money.
Everything is possible for a trader who has the proper knowledge of how to deal with it in different conditions but is impossible for those who are not much enriched with the knowledge of how to trade and understand it. Technicalities when are fully understood by a trader then there is nothing much difficult that can prevent us to reach out at our target. The most preferred strategy is to hold it for bull.
When someone is very good at trading skills then they are not going to wait for the bull run since anyone can make profits when the market is bullish and the one who knows how to handle every situation will take advantage of the current market condition and will extract profits from there.
No one is ever good in trading skills buddy. Ask most the experienced day traders they will tell you they sometimes experience huge losses but letting go of the loss moments and learning from it is what make them handle every situations. Mind you,  it not every market conditions that are good for trading.
Why not good for trading? If the market seems bearish then its good time for buying and when bullish its time to sell that is how the trader will react and keep doing again and again will make us to be in profits.
98  Economy / Trading Discussion / Re: Tips to actually start earning from Trading & END LOSES on: May 22, 2019, 10:40:40 AM
Other startegy is very nice but not all because some information I think it's not works but thank you for sharing.
Ending losses will not happen but we can prevent or decrease it because what ever strategy or tips that we use if the coin dump we can lose money.  But for the startegy we can use it to start earning money.
Everything is possible for a trader who has the proper knowledge of how to deal with it in different conditions but is impossible for those who are not much enriched with the knowledge of how to trade and understand it. Technicalities when are fully understood by a trader then there is nothing much difficult that can prevent us to reach out at our target. The most preferred strategy is to hold it for bull.
When someone is very good at trading skills then they are not going to wait for the bull run since anyone can make profits when the market is bullish and the one who knows how to handle every situation will take advantage of the current market condition and will extract profits from there.
99  Economy / Economics / Re: Is it a value reserve? on: May 22, 2019, 07:28:47 AM
At least Bitcoin isn't a fractional reserve currency. Bitcoin itself is mined much like Gold and has a limited quantity. The value of each Bitcoin is created and strengthened by the vast quantity of miners around the globe. Bitcoin is a store of value which moves in the direction of the media, government, businesses and developers who support it.
Bitcoin has limited quantity but not the stable value like gold so the chances of using it as reserve for value to any currency is null and bitcoin itself a currency whereas gold is not.
100  Economy / Gambling discussion / Re: STEP TO TAKE WHEN PAYMENT IS BEEN DELAYED BY AN ONLINE CASINO on: May 22, 2019, 05:48:53 AM
I played on casino site some days back and won a  certain amount of money, i was expecting to cash out my money instantly because one of the things that lured me to the site was the fact they offer instant payment. Its been days now and am yet to get my money. Please help what can i do in this case because i am becoming impatient
You are having issues with withdrawal or getting the rewards from bets?

All you have to do is contact the support team of that site and also you can create a thread on scam accusation if there is no reply from them.
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