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801  Economy / Trading Discussion / Re: Trading for Beginners? on: January 30, 2020, 06:01:50 PM
^^ That is the correct approach towards trading when you are beginner, a lot of people lose when they first start and they suddenly became cold against trading because they lost money on it and never come back or come back on a worse time.

If you lose money, know that someone else made that money instead of you, this is a game where one side wins while others lose so that means whenever you lose money someone else made that money instead, even if its just bitcoin going down and you selling or buying at the wrong time means someone else "lost less" than you. The thing as a newbie what you should do is study your losses and study your wins and try to find where you did wrong and then going after it better next time instead of never even touching it ever again, that way you can get better.
802  Economy / Trading Discussion / Re: Best way to learn about Forex trading? on: January 30, 2020, 05:16:36 PM
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?
If you want to start with the forex markets than I would prefer you to contact any of the forex broker and follow his signals for first few initial days until you get to know the basics of the forex markets. Brokers might charge you some fees but you would not have much risk over there being with a broker because that individual will guide you from top to bottom of the forex trading markets.

Moreover, I am not sure if we have any such forex traders here as most of the people related here are linked to decentralized cryptocurrency trading which is not similar to forex trading markets. You can find some stocks to invest for a long time considering the demand for the firm behind the stock like Tesla, Microsoft, etc which might give you good profits but yet, you need to find a entry price for those stocks which you could be guided by a broker.
803  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why are exchanges still listing shitcoins? on: January 30, 2020, 03:16:26 PM
Since there is no regulation stopping such, exchanges will always continue to open their hands to shit project because they are not listed for free. Exchanges will even profit more from shit coins because they are all every where.
But, if we think rationally than those exchanges might loose their value in the coming markets if they keep on listing such shit coins. There is no way for the shit coins to dominate the markets and as soon as they hit the exchanges, they experience huge dump which might be due to their bounty hunters or the team itself selling off their coins or maybe any such reason maybe behind it.

People who have bought any of such shit coins had time to exit those markets before each of the buy order vanishes and once there are no buy orders left than no one would ever buy that coin. Yes, shit coins might even recover and gather immense demand if their team or developers start working hard and show some real working products to the community but such chances are near to zero.
804  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 30, 2020, 02:40:52 PM
It looks like there is something wrong with the bonus system right now, I am 40.17% closer to next 21 satoshi bonus for the free claims and I am required to either wager or bet and whatever in order to get that higher, it said I can buy lottery tickets to increase that and I have bought a bunch of lottery tickets with all my money (shame I didn't won anything Cheesy.) however that stays the same and continues to drop whenever I claim free faucet.

I can understand why it would drop, that makes perfect sense but why doesn't it go up when I buy lottery tickets? I first thought maybe lottery had to be drawn to get it up and calculated but the lottery is gone now and I am still not higher in that bonus thing. Would you care to take a look into it and tell us why would that happen?
805  Economy / Gambling discussion / Re: Running an online Bitcoin gambling website on: January 29, 2020, 05:19:31 PM
There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region, I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.
Yes, a legal advice is needed in this case, every country has their own law regarding gambling, even local lottery has their own rules and regulations needed to obey, if you want to have a gambling website online, better to prepare your files first, hire a programmer that will maintains the security of the website to avoid any problems , and to  prevent hackers , in that way you can run online gambling without any issues.
Established an online gambling platform has never been an easy task. For sure, you could purchase the gambling website script from various sources for few bucks and develop it into your own platform but it would not complete your work. You need to have proper security, fair games, decent number of gamblers on the platform and much more.

If you have any plans to launch the gambling platform than your mainstream income would be from the gamblers and imagine if there is no one ready to gamble on your platform than what would be the use of creating this gambling platform? So prior thing to do would be to attract few gamblers and convince them to use your platform by placing few attractive offers for them. Huge capital would be needed to make this into a profitable running gambling platform.
806  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: January 28, 2020, 01:10:59 PM
Yeah, withdrawal delay happens for two common reasons in all casinos and websites (even exchanges). One of them is for hot wallets to be filled which is quite common everywhere and it is kinda not in their hands to have a hot wallet that empties faster than expected due to some whale withdrawing for example, but as long as they fix that issue there is no problem to have, eventually they will fill it and they will send it to you anyway.

Second and common for the casinos is the double spending method, many scammers send money, gamble, if they lose the money is not gone anyway, if they win they both keep their own money and also try to get the win as well (even if they don't keep their money). So long story short they have to check if you are one of them or not, if not then there is usually no problem at all.
807  Bitcoin / Bitcoin Discussion / Re: On most altcoins disappearing on: January 28, 2020, 07:16:11 AM
If altcoins should start disappearing, that would make a lot of people to quickly start losing interest in altcoins and that would strengthen the fact that Bitcoin is the more secured cryptocurrency there is. A lot of people would leave altcoins and rush back into Bitcoin. So yes, Bitcoin is really going to benefit from it and a lot of altcoins will lose, just like you have said. The only altcoins that will survive it will be those at the top that have gained trust already like Ethereum, Ripple, and few top altcoins.

yes it would do good to BTC. though the price is dictated by the market.
Yep, that’s true. It will even be good because a lot of people would realize that Bitcoin is the true cryptocurrency and it will help the Bitcoin market to grow heavily and it will maybe reach a stage where it will become quite stable and won’t be easily manipulated or something like that.
808  Bitcoin / Bitcoin Discussion / Re: Pet shop want to become a bitcoin exchange? on: January 28, 2020, 06:25:09 AM
I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.
If your pet business is good and things are working out fine, then there is no need to be worrying yourself about changing business or venturing into crypto exchange, you don’t even know whether you can make it there. And moreover there is nothing wrong with having two Businesses, rightfully you’re meant to have two sources of income – why you should have two sources of income is in case one doesn’t work out you can then rely on the other to support yourself and also raise the other one back to a higher standard. You can accept bitcoin for your pet shop, that’s cool.

Running an exchange is not a small business and the competition is even too much.
809  Bitcoin / Bitcoin Discussion / Re: New Body Of Control? on: January 28, 2020, 05:53:26 AM
If we were to go to a 100% bitcoin currency system. The banks and governments would loose control of whole financial system. The present governments would loose control.

Therefore a new system would be needed to run each country. What do you think would be the new body of control?
How could this work?
What type of system would be put in place on this.?
I don't think the people can control themselves as too many minds and ideas of where things can go in a direction. Therefore you still need a council or kingdom of control.

your thoughts.
This is not even going to happen. If such thing is close to happening the government would look for a way to stop it from happening because what’s the need for a government if they don’t have any control on money?

Money is an important factor in the economy, so without it what else are they really governing? So, if they find out that people are really leaving the main system and switching to a new method which is 'cryptocurrency’, they would declare it illegal and anyone found with cryptocurrencies would be seriously dealt with to the extent they won’t ever try it again.

So trust me, that’s never going to happen. I even prefer as things are right now, at least we have peace of mind in the community and the government are not disturbing us.
810  Economy / Gambling discussion / Re: Win a Presidential plane... on: January 27, 2020, 06:11:26 PM
My calculation shows that the Mexican president is much wise in terms of making financial decisions. This actually attracted me for the first time when i read but my calculations made me lose faith. Selling 6M tickets work $25 each would accumulate $150 million and the actual evaluation of the plane is $130 million. This would really be a wise deal and I do not really think many of the peoples would purchase the tickets.

Large investors might buy packs of tickets just in order to get their hands on the plane but speaking in favor of normal people, I do not think those might buy those tickets. This is actually a business strategy being used by the Mexican president in order to have maximum profits as well as to sell the plane at an effective price.
811  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 27, 2020, 05:34:05 PM
There are still some days to go but just like starting the 2020 bet (end of 2019 price) it looks like it will come down to final minutes of it for sure. When I mean final "minutes" I literally mean minutes because we are close to 8500 right now and still under it, it is around 8340 or so in many places (give or take few bucks), which is less than 2% or so I guess increase which bitcoin can do in a single minute if a whale buys enough.

Considering 8k-8.5k people and 8.5k-9k people are the biggest wagers right now, it would be interesting to see price going up until the last day, going above 9k would mean 7+ odds would be the winner, not like it is impossible since we already reached those levels this month as well, broke above 9k but couldn't sustained and fell, hopefully we will go back up.
812  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Investing in Alts instead of Bitcoin for far greater returns (or losses) on: January 27, 2020, 04:05:41 PM
actually you are not stupid because putting money on lots of altcoin but this is too dangerous, maybe you can have a lot of money if altcoin also pumps in 2020 but if altcoin only has prices like now or more down then you will regret it. if I were you I would still choose bitcoin as the largest portfolio
altcoin has greater risk and reward. I think as long as we have strategy to do with alt, it is not wrong
We must know what we are doing in investing. Bcz we can evaluate if there is mistake happened
Actually, no matter the price up or down. Bcz in crypto can take long and short position. The matter is how we predict the price well and using money management
High volatility of the markets opens doors for a lot of investors to make quick profits from the ups and downs. There are chances to lose those amount we invested but if we can afford to make huge research about the coin we are investing into than we would never face any loss.

You should have the ability to understand the technical analysis and also to dig some background research about the coin to find out their product, actual demand for their product, accumulation of big whales, etc. Also as you mentioned, we can surely have profits from the bear markets too and thanks to leverage trading but never assume leverage trading as the easiest trading. There are huge risks hidden in leverage trading too.
813  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin Cash A Better Crypto To Invest? on: January 27, 2020, 03:40:06 PM
there are still many crypto which are better than bch to invest but because you ask bch so my answer is still good to invest, at least the price of bch is always above ethereum. even though from year to year the price of bch always goes down.
but my advice is better not to invest in bch, especially in the long run unless you already get a bull signal and optimistic can get profit for the long term.
Bitcoin cash has really showed us high rate of growth. I remember when I used to see bitcoin cash at the price of $50 to $100 which now is above $300 so it has been made high growth from that time. This is what makes me feel reliable about bitcoin cash and it is really a good coin if you tend to make profits in a short period of time.

Yes, no doubt that the risk factor remains constant over here because the price is not moving that great if we consider 1 day or 1 week chart. This might not make bitcoin cash a coin for long term but we could fill our bags with bitcoin cash in short or mid term trading. There are thousands of coins in the markets so there is least reasons for the investors to choose bitcoin cash though.
814  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Stablecoins Promote the Mass Adoption of Cryptocurrencies? on: January 27, 2020, 03:09:06 PM
Stablecoins are actually good for those people who do not feel secure with the high volatile coins like btc, etc. Stablecoins does not have much volatile price and hence there is no much risk of excess loss holding in stable coins.

But, what I think is that stablecoins are good for trading pairs or to store our funds in bearish markets but they are not actually good for trading purpose. They might be used in a lot of technical ways like sending or recieving payments so I think they might promote the mass adoption of cryptocurrencies by serving as a mean of payment. Stablecoins would not have higher growth in the market but yet they would be in demand keeping a lot of people in close chain.
815  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Altcoin's Price Jump? on: January 27, 2020, 02:39:09 PM
No, you are not right. Bitcoin doesn't depend on altcoin price movements rather altcoin does! If the bull run comes to Bitcoin, then firstly altcoin value will down but after getting a certain high value of Bitcoin, the altcoin will have bull run too. But you are right that 2021 will be great for the crypto community and it may start from 2020!
It has actually already started. We saw bitcoins crossing $8000 after a long time and wasn't it the start of the bullish trend? People are now speculating bitcoins or any other altcoin more consciously and they might surely find huge growth in the price in few coming months.

Middle of the year has been proven to ring the bull runs as we expected in the mid 2017, so I think the same would be showed to us in the mid 2020. Bull runs show some movement before they acquire the markets and these movements makes people get their hands on bitcoins if they have altcoins in their portfolio because bitcoins are the ones to gain benefits at the first stage.
816  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the Stellar Price Gear up in 2020? on: January 27, 2020, 02:03:37 PM
it seems that article has been discussed in this forum, honestly I am not a stellar lover but I prefer to get it free than buy it, before I had followed their airdrop when first launched I was happy to get it and sell it to bitcoin, but unfortunately stellar has not distributed free coins Again, I can't guarantee that the price of Stellar will go up if the price of Bitcoin hasn't really gone up like crazy, because Bitcoin dominates all crypto markets so don't think Stellar will go up if there is no bullish movement  Cool
A lot of people participated in the steller airdrop which was held on the blockchain wallet. What I can remember is blockchain wallet was giving away $25 worth of steller coins to all the members who had verified their KYC identity. This was usually a better way of promotion but after getting accepted into the blockchain wallet, steller showed us some growth.

Steller is a coin which has much lower value but higher demand/volume which means it can be bought by a lot of traders who want major profits for their small capital. Coins like steller might give you instant profits for short term trading if you find proper entry and exit points by studying the graphs and patterns.
817  Economy / Trading Discussion / Re: What are the ways i can cash out Bitcoin in another country? on: January 26, 2020, 04:43:15 AM
It depends on the country you are, there are some countries that prohibited cryptocurrency and some some of the country accepts cryptocurrency if you're in a country that accepts cryptocurrency then you can easily find a service on where you can cash out your cryptocurrency to cash.

But if you are in a country that prohibited cryptocurrency I think you can do it in persona trade however it would be risky and you may find yourself in trouble if you get caught, just like what I've said it is consider as an illegal act if you get caught.
Imagine police catches you trading bitcoins in a foreign nation and that too illegally. This itself sounds hasty. Trading with in-person over the seas can be riskier for us as there would be the possibility of police or any legal authority catching us for doing so at it would be something which would violate their financial laws according to their country. And if any foreign individual is caught violating any of the national laws than a strict action is taken against the same so it would never be something which we would expect. Except, we can cashout our bitcoins in our nation itself before our journey to the another nation and then easily convert our fiat currency to theirs at any local currency exchanger.
818  Economy / Trading Discussion / Re: Who bought Bitcoin in late 2017? Still recovering or fully recovered? on: January 26, 2020, 03:48:03 AM



Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?
You seems to have bought at the peak during the mid 2017. I was even on the same boat that time but I was able to see the bear markets some time ago so it gave me time to cashout my bitcoins at that time only. Still, I had to sell some at loss that time but the price I sold at that time was never touched after those markets so I do not regret for doing so.

But, I was also able to make profits from the after bear markets by short term trading so it really was a life saver for me in the bearish markets. Now, I have prepared for the coming bull markers so let's see how much profits we could afford to earn from these coming bullish markets.
819  Economy / Trading Discussion / Re: Trading for Beginners? on: January 26, 2020, 02:48:17 AM
Using various tools and helpers can also be useful, especially for beginners. Find for yourself a convenient market scanner, advisor like coincyborg, position size calculation, portfolio watcher like blockfolio and so on, you'll definitely see some improvements in a short amount of time Smiley And make at least a few hundreds trades first using small orders or paper trade until you get used with user interface of your exchange or bot or some trading platform etc. And don't forget to read some TA books Smiley

for beginners it would be more recommended to try a lot of trading with small funds and also read articles that have been made by experts. and so far the tools on the market have helped a lot and we can take advantage of it, so far it depends on the beginner himself who can adapt.
Yes, beginners really have to practice a lot of demo or paper trading before they could move onto ordinary trading. Trading is never an easy job and a small mistake can make us face loss so it is always better to gain some experience before starting with trading so that we can avoid making any minor mistakes.

Beginners actually do not tend to start making huge research at the initial stage like going through some articles, staying updated to the markets, etc so they might face difficulties. But the more close we stay in contact with the markets the more reliable trading we can carry forward. Trading can really be a profitable job only if we are aware about the do's and don'ts.
820  Economy / Service Discussion / Re: Can you guys identify Whale move? on: January 26, 2020, 02:16:50 AM



As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.


Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?


Thx!

It's hard for BTC because price could be pump and dump without any news or anything because it's worldwide and new investors could come without noticable, but if low volume coins with nothing good news or and the price could go 10%, there might be whales are pumping it to make a trap.
Yes, lower volume coins are actually the targets of the whales as they can easily create bullish or bearish trap over those coins. New investors are the ones who get trapped in these traps and loose their money but the whales keep filling their pockets. Some group of extreme big whales might even play with the price of bitcoins if the amount they hold is larger than atleast 30% of the total volume.

This might give them huge benefits by creating bullish or bearish traps and a lot of investors might face loss in this. There are a lot of telegram bots which speculate each and every movement in the altcoin markets and keeps give us the latest updates so it is easy to predict the whale movements for those altcoins.
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