About airdrops it is only 1% is legit then 99% surely scam or not paying in the end after the programs. But bounties I could say 50/50 chances for us to earn through with it. Because scam projects still follow by it. Just like now since BSC is very trending now where most of the project used this BSC platform compared to ETH due to large fee that's why BSC became more popular. So, most of the scammers jumped in into BSC from ERC20 before.
Exactly, many of them are BS market promotions. I don't know why many people are still participating in this and receives nothing. And until when those people could realize that they are wasting their time only? I actually participating in this before and yes, you can never find which one is legit as most of them are fake. And until today, it has no change and it was a shame for us that we still not learn though it was clear enough that it was only a shit. If it's an airdrop, I don't have experience following it, but if it's a bounty, I think it's more feasible than an airdrop. indeed many bounties are scams, but at least they can still generate tokens that can be used as trading capital. And from that trading, what I really hope for in the future is to make money every day |
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when the price collapses very deep and I sell it out of panic then it will only make me regret it even more the next day when the price has recovered and rose to be very expensive, so I prefer to wait for the price to rise and be patient.
I don't understand what people are doing when doge coin was over 0.5$ it seems to be pure greed if you ask me, doge coin is the most profitable coin this bull season because it was dirty cheap in 2020 with even few thousands pieces of doge you are already in money That's right and a lot of exchanges with foul intention closed accounts that were inactive with balances in Dogecoins once they realize that the price has ballooned too high and it is time to turn scam. I had accounts on multiple exchanges since a long time and now as I try to login, most of them are asking for my identity verification because I have some balance and they never asked me for KYC in past. Hitbtc is asking for ID verification and I had some balance in there and similarly, there are other exchanges like bleutrade who are asking for selfies and all shits because I have a few hundred doge coins on there. I also have a balance on hitbtc, and because it has been inactive for a long time, I was asked to kyc. but i do kyc for more than 2 months and always get rejected, until i'm kind of desperate for this. By reading this post, I came to know that I'm not the only one experiencing the same thing. I tried kyc when the bitcoin price peaked, and it was very difficult until now to verify |
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I will never judge someone who sold his holdings for his necessities. I don't think it's right to judge someone's decision to use his savings. We're all encountering different situations each day where we have to sacrifice even our savings or holdings and I see nothing wrong with that. Things will depend on one's situation and we have to respect every holder's decision.
The economic condition of a person is uncertain selling assets to meet the necessities of life for me is a common thing. Assets are savings, when we are in difficult conditions, assets can help our lives, and this will be the first step to set our feet on the next success. especially if we place the right assets, so that they have good growth, so that we get a profit from our asset savings |
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The most problem of using cryptocurrency as cashless payment processor in daily life is the country really afraid of their fiat become useless and loss its value. The another problem is the transaction hard to be tracked by them for tax issue. The one that i thing possible is digitalize the fiat like USDT and make it for cashless transaction.
It won't be useless if it is still the currency being used online and they want to coexist more than annihilate the other form of payment. The tax bureau can probably make up for the difference of lost tax if they raise it on commodities and such or they can proactively hunt for potential and active tax evaders. I think for the tax sector, there seems to be no end to looking for loopholes to collect taxes. Of course, if crypto is allowed by the government, then taxes are unavoidable. even for now, exchangers who have legal entities, of course they are taxed, and every transaction will be easily known to determine the amount of tax |
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Even before this pandemic happened, digital payments are already popular here however it doesnt mean crypto is the first option for this. Online bank applications, paypal and other platforms are some of the preferred option when making a transactions online.
Crypto get the attention of many people during pandemic not as an alternative for digital payments but rather an investment opportunity wherein we can earn money due to volatility. Its a fact that crypto or btc specifically are best known as an investment, an speculative asset which can give investors huge gains when the market is bullish.
right, cryptocurrencies are becoming more popular because of the bulls. especially when it happened while the pandemic was still ongoing. this may have something to do with the pandemic and the bullrun, considering that many people want to make money while staying at home |
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I regard Elon Musk as a knowledgeable expert in Payment Systems, with his prior experience with "PayPal" .... but things are changing fast and I think Elon Musk is so involved with several other projects now, that he somehow lost his touch with reality. The guy is not one of the richest people in the world, because he is a idiot... so you cannot disregard his inputs and opinion... but when his tweets are used to manipulate markets.. then I stop listening to him. (I am not into Pump n Dump coins)  <=== Shiba Inu many acknowledge and admire @elonmusk, but I regret that his followers can be moved unconsciously and want to follow what they want, without wanting to analyze properly even most of them are experienced in the crypto field. what his followers do without understanding the impact that will occur will ultimately benefit what is the desired goal, if they don't want to take excessive action then the bitcoin market will have no impact on people like him but this is the umpteenth experience and let it be for learning so as not to repeat what he said, immediately do it with action without any prior analysis. this year there are many beginner bitcoiners, maybe he is a new investor, or maybe investors from other commodities who join bitcoin, so it's only natural that the figure of Ellon can hypnotize them to move as if according to his direction. but I don't think that power will last long, considering that nowadays many people are starting to dislike its stance, which is interpreted as only seeking personal gain. |
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Both cryptocurrency and fiat currency are important, they have both purposes and uses in this world. We should not be bias in cryptocurrency just because we are here in this forum because we all know that fiat currency is still really important now adays, there are still so many things that cryptocurrency cannot buy and fiat currency only can be, cryptocurrency is good as an asset and good for holding in a long term and that is its main purpose for me.
it's true that both are equally important, because fiat is a legal means of payment in every country while crypto is still categorized as a commodity asset, even I hold 50% fiat and 50% more assets, especially in crypto and gold. if we can share it like you, then later financial freedom can be achieved. By placing their respective functions, cryptocurrencies are assets that are not affected by inflation, even tend to increase in value |
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Covid 19 really has great effect in our country economically speaking, literary our country is down now with lot of debts, lots of business are closed, school closed, no transportation, hospitals are full of patients more and more health worker are suffering some doctors died, to top of that the politics-corruption in our country is really worst its totally different from the normal life we used to have, but some still good things happened, people are became innovative they were able to find way to make a living out of this pandemic, and they help one another in this time of crisis.
It is very sad that there are politicians that are taking advantage of the situation. They don't care about the welfare and well being of the people as long as they'll get what they want and their main goal is to make their pockets full out of this pandemic. Yeah, there are still those people that have the spirit of helping because this is a crisis that we should deal altogether and beat together. But it's just disappointing to know that it's not only your country that has to deal with such corrupt politicians but for sure there are others too. The culture of corruption seems to have been attached to several officials in every country. they use their power to achieve personal goals, although severe punishment does not seem to deter the perpetrators. Therefore, the transparency system is very good to reduce the number of corruption, so that this pandemic will be resolved soon, with targeted assistance |
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can you give a conclusion instead of giving us a link to visit. we want to hear seriously how the economy is improving from different perspectives. We need a narrative to discuss with you. at least give feedback or input that can open your thread.
Maybe I can drop some of my opinions on some or different ways on how we will be able to improve the economic growth of a certain country. The first thing we need to do is to expand the employment of jobs in a certain country in order for them to be more productive at the same time the tax of it will be shortened because the more that the people are employed the more that they will pay taxes and this follows on increasing the real wages wherein the grow of the inflation to the consumers have more disposable to spend and also lowering the interest rates when it comes to the investments and borrowing money of the people. That is a good way to restore the economy of a country that is currently declining, but the reality on the ground now is the opposite we expect, because the unemployment rate is increasing so that people find it difficult to pay taxes. taxes play an important role in building a country, we know from taxes can be used to improve various sectors in a country. but the problem is that right now is the pandemic season, and many companies are bankrupt, so there is a lot of unemployment, and it seems the government is always looking for new land to get taxes. |
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I can't say for sure whether we got out of the bear market or not, but I can say with certainty that people believe that Bitcoin will grow. Otherwise, they would not buy it now and the price would fall further.
I would give about a week of stable and green prices in the market before saying that we have got out of bear market but that is pretty subjective because there are people who bought in 50k and they will think that we are still on the bear market compared to a guy who bought when the prices dipped to 30k. I think it depends on the plan of the trader himself in taking the risk and rewards. There are people who buy when it's $50k, but they only use part of their capital, and when it's $30k they buy back. he sees that the trend is still bullish, so he buys at every support he believes in, and because this decline is considered only a market correction |
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The last hope for financial independence is wrong statement 🤣, this is not a field where it's win win for every body, some will have to lose and some will have to win so it's just like every financial businesses out there, crypto is a high risk investment haven, it's all about risks so it's not independence, stay in your freaking hole McAfee.
After long years of silence now Mcafee is back hyping up again crypto and I wonder if there's still someone in correct minds will still believe on what's he's saying here. I wish that he will stay on his hole and shut his mouth forever since he don't have credibility on what he is saying about cypto. People or the community is already done into the things on what this man had done in the past and now hes trying to make out some words again and trying to be looking a Bitcoin believer or crypto believer? For sure there would be intents behind these words. We know on whats his reputation on this market and we arent that blind on not to end up having bad impressions towards him but for those noobs out there then they should really be careful on listening into this man. When it comes to financial independence, we are already aware with that since it has been with the basics. right, I feel it myself, where the projects that he supports easily reach a hard cap, but so far there are no activities, as if they just want to take money away from investors. and I think if he makes a statement, then we need to be careful, of course there will be a certain meaning in his statement |
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After a long hiatus from bounty hunters, now I'm back in this business, because I still have free time, different from before where I was busy with real activities. but from the several bounties that I have participated in, there are currently more and more participants. but for me this is not a problem, as long as I still get paid, because previously there were also many scam projects
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Holding is applied if you have excess funds and no need to convert in cash early,then obviously will get maximum profit.To get benefits is basic to a few dealers since they are taking safety measures additionally they require cash to spend. as for me i do it all the time and this makes a difference me have a few cash as well. there are diverse reasons for taking a benefit. some are fair attempting to purchase back when the cost plunges as well.
holding in the long term it is better to use free money, so that our daily needs are not disturbed. this is the same as us saving, only the difference is that our money can grow rapidly, and on the other hand saving does not require risk like investment |
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in the current situation, I think the decreasing price of bitcoin can certainly be an opportunity for us to start buying bitcoin. the decline could happen again, and we buy back, so we will get every support area to buy in order to minimize risk, Seeing realistically the market will be better than us being obsessed with getting a lot of profit in the near future
It is an opportunity to buy. People look only to the downside and plummeting of bitcoin. But they do not understand that it's an opportunity that they shouldn't miss. While we discuss, they are waiting for a reversal and it's the time that they will start buying. Yeah, we all know that this will just keep happening one time after the other because that is how the market works. There are trades with leverages and there are trades with lending, so eventually they will get liquidated and that is going to impact us a lot in the future as well. However market should take that into consideration when they are doing all of this and that will end up with not being that bad at all, it is going to be decent. I would love to see leverage trading go, but it is not going away, so at least lets learn to live with them, do not overreact when they are liquidated and all their money turn to dollars causing bitcoin to fall, just see that as cheaper price money and then move on with that. I personally love to just ignore it and move on with my life, have been doing that since the price dump started and I just collected more. Leverage will stay and it won't be gone. It's one of the big markets that the exchanges have added and it's not always about the liquidation of traders there. I knew traders that are making well there and it's about the discipline that they have and they're enjoying it. Because they know how to trade there properly with the right attitude. trading with leverage must be more careful, because if we are wrong in the strategy and can't control emotions then a margin call awaits. therefore discipline in short-term trading is needed here. Of course, money management must also be strict so that our capital remains protected |
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~ The news can not hold the price at the lower price forever because if the bitcoin price increases, it will still increase and the news will be behind that without giving much effect. The news can release to make people panic, but if you can prepare yourself, you do not need to worry and panic because you will have a way to prevent the loss that might happen to you. Carefully and not greedy is a good suggestion to make you know that after you take profit, you need to calm down and wait for what will happen next.
We care to listen to some news but of course, we have to analyze it so well and think wisely if that can be legit or just a FUD. Because some whales use this thing in order to manipulate the market and also the mind of the people. And whoever fallen into this trap, will certainly have to regret it.
And talking about greediness, I think we all have it. Yeah, I did as it helps me to motivate myself but I tried not to be too greedy, coz I know what will happen to me in the end. They can use the news to analyze the market movement because sometimes, they're a sign that we can get and know where the market will move. Some whales like to make the market panic and give them a shock for their heart, so we need to prepare for anything. The people who fall into the whale trap do not analyze the market and just follow it and regret it. As long as we can control the greediness, we will be okay. Maybe we need to have a target profit or percentage that we should take so when the price moves to our target price, and we can close the target. By doing that and with practice to control the greed, I am sure we can know when to leave the market. In the cryptocurrency market, news about crypto seems to hypnotize traders to make the same movement. therefore we are looking for support to buy and take a little profit. indeed this seems easy, but if we practice, of course it is not that easy. therefore experience in trading is needed |
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First of all I will say that there is no bad time to learn any thing in life. Crypto learning or crypto trading learning is the same. Yes now there are alot of platforms to learn about crypto trading. You can find free materials on youtube and i myself has bought a paid course on Udemy to learn about crypto trading  and of course the theory will be meaningless if we do not practice it, in other words the best teacher is experience. we have to trade a lot and evaluate every transaction that we trade, so that later we can become traders who can recognize the characteristics of the market |
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Hello Members, I started investing in 2017 at the peak of the bull run without knowing any basics of investment, of course, lost a lot, and most if not all of my friends were out of the crypto with huge loss but then I got addicted to this technology. Spent a lot of time understanding crypto and then started tutorials on trading and with lots of effort, interest, and dedication. But what I have observed is that most of the time even though I predict and calculate the movement I was not able to take up the trade due to emotions coming in between or just ignoring it not sure, I just can't say why but I just don't do those trades. for example : when SEC case on XRP i was very sure its gonna dump but still i dont know why i didnt take that trade ( i mean i can take atleast .5% percent of my portfolio if i am scared but you know it just happened that i didnt take ) initial Elon musk tweet, i was very confident that it is going to pump ( if the world richest person says something it does matter), I said same thing for his second tweet that its going to dump hard but i never took the trades these are just a 2 and technically many. so with all these, i am looking for a companion who is interested in trading, tech, news and would like to share contact number or some platform where we can message and discuss on regular basis so that on every oppurtunity i have someone to talk and take up decisions if not atleast make my head stright  You made a good move as compared to your friends.With the base of 2017,you may had huge bitcoin at the peak of 55k.Then sure shot you may earned a huge amount compared to your friends for now.In investment and stock market,you need to sustain for the longer period,then to get a short term profit.Holding for few months itself give you lot of profit. right, but if the market is in a bullish state, we hold a bit longer in a few months may be able to maximize the profit achieved. but one day the market may dump, and we have to be careful, especially when the market has no resistance to its left, of course we have to be more careful and don't be greedy |
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It is very hard to realize that when the market is going up and up, when the market is going down and down. If we search previous few years then we understand many times the market is increasing and many times, it is dumping. so it is happened when the market was starting. so, research more information and earn more knowledge about the market.
And most importantly, don't be greedy. when the market goes up, sometimes we feel very confident that the rally will always continue, so we are complacent to take profits and finally the market goes down, then we regret it, especially if we buy when the price is at its peak, then we hold on to it and result in waiting for a few more years |
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Don't forget that centralized payment systems have someone to go to if something goes wrong. Also, if you mess up the sending or receiving address in a defi transaction, or put in the wrong gas amount even, the entire payment could be subject to being lost.
I believe that's both a good thing and a bad thing at the same time. While having a company to go to when there is something wrong is a great thing, having a company to screw you over is also a horrible thing as well. Would I rather have the risk of being decentralized or would I take the comfort of centralization? I honestly don't know, in some situations I prefer the centralized version because I would be checking if I would be doing something good or not or maybe I would face a trouble I do not know. Whereas I prefer the decentralized because I do not want my money at the hands of someone else, like Paypal for example, I hate paypal, I would rather risk all of my money then use paypal. So that's why it is not 100% correct answer either way. between decentralization and centralization of course must support each other, as you mentioned where at certain times we prefer to use centralization, therefore, hopefully the government will soon make regulations that can balance the use of centralization and decentralization |
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