even though we use a trading bot, we also need to analyze the parameters of the bot, we can not only rely completely on the bot because errors from bots can definitely occur. the most important thing is our own analysis and our trading skills are the main thing
It is a mistake to rely on or trust trading bots, although I have very little experience with this method of monetization but in the past, this tool was really not very effective when as you said, parameters are prone to mistakes, good settings can only be effective in a short time. It is simply not that this tool does not work well, it is simply that the investors in this market are too wise in comparison to the parameters, sometimes the mistakes are due to manipulation of the whales and with the automatic setup, we do not have personal analysis then fall into a failure situation |
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Do not go too far to predict a crypto value, because all there must be a limit and not impossible to ethreum can reach the highest price as you mentioned but the time spent is also very long, the value of 100k is a very high value even today bitcoin can not reach the price as you mentioned, we should predict a reasonable so that our wishful thinking can also be achieved.
Agree, even though the crypto market has no rules and restrictions on price, even it has a lot of space for ethereum's sublimation but overall, we need to keep our goals and our imagination within the limits, limited here means reasonable peak numbers, not a meaningless number and lack of basic conditions. $100K is just a milestone that bitcoin can reach in the near future due to the support and strength of the community, ethereum be very difficult to achieve that opportunity due to inhibition from Bitcoin |
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If we have someone who we really trust, for example, our husband or wife, we can trust them and let them know about the data. And probably we can use the data for our children. In some exchanges, there are also heritage data in which we can get the assets to our children or whoever that we give the data so that the assets can be someone else someday.
However if about private wallet, well, if someone dies without anyone other knows about it, the assets may be gone.
Telling a family member about private information about a bitcoin wallet is very simple but I don't think they can easily use it as simple as we do every day because this personal data is constantly updated, from exchange wallets, email accounts to verification, it's a very long cumulative process to get used to such information. So to avoid these situations, we should be more concerned about regular health checks and besides, converting bitcoin into cash and giving information to family, a bank account is easier to access than a bitcoin asset |
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People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.
I understand that we need to be objective in this regard but if the casino really wants to help, they can quietly do so through each phase of the year, it is not necessary to take this action right at the time of a pandemic, the meaning of this action in each moment will bring about very different perspectives. This action during a pandemic can only mean a common contribution of businesses to the community, casinos are not necessarily in exchange for a regulatory softness or government satisfaction, they are in exchange for an economic opportunity for them. |
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Most of exchange at this time are complex and it is really hard to understand the interface. I prefer simple interface and high security of our assets. Low transaction fees, fast support team, simple user friendly interface is needed to build a good exchange.
I'm not finding any of crypto exchanges are complex to understand its interface. Because almost all the exchanges are having similar layout and UX which makes easier for all the new people to get start trading without any guidelines. Probably you are talking about some exchange which I have never visited, I guess. In my opinion, exchanges which are honest and processing withdraw requests on time must be good exchanges because I will not be having any problem to clear KYC and other similar things. Well, for the exchanges that have been traditionally and evolved until now, their interfaces are not really complicated and relatively easy for the user but with new exchanges, to facilitate and attract customers, they often create outstanding interfaces, this attraction has pushed customers to keep some distance from them. Good exchanges focus a lot on the biggest efficiency and utility for customers, from cost to transaction confirmation time as you say, be as optimal as possible and ready to support full time on a given issue |
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The effect of the ups and downs of Dogecoin prices is of course very influential on several factors, including the influence of support from popular people like Elon Musk who fully supports Dogecoin, but if Dogecoin is without support from various parties I think it will be difficult to reach the price like it is today, moreover to reach the price of 1 $.
The concrete situation is really just as you said, Dogecoin is relying on the popularity and influence of a number of individuals to achieve its giant goals, hence the short term vision for dogecoin is still relatively good as these effects are still influential but the development of the future will not be guaranteed due to a lack of competitive factors of potential. But you should know the scariest thing in crypto is that as a unified community in action, Dogecoin's short-term goodness can still create movement and lift its price to $1, this boom should not be underestimated |
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why I call it a ponzi because late comers pay for the early adapters with their cost of bitcoin is almost nothing
in early days of bitcoin people just mine it for fun........
why I call it a bubble have you ever seen any investment can start with almost nothing and went up all the way to over 60,000 dollar per coin in a decade time?
even if you count it from $1 per coin to over $60,000 that is over 6,000,000% return in investment
Well, the price might be over $60,000 now, but do you know why Bitcoin was developed? Bitcoin was developed to be a payment method, though it turned out that it is very volatile and people are now seeing it as an opportunity to get rich, but that wasn’t the purpose why it was made. So, even if it should reach $100,000 and drop to $1 today, that’s not going to stop it from being used as a payment method, of course investors might get scared and run away from the market, but those who just wants to be making use of it for payment will always continue. And bitcoin is not a Ponzi as you have said, it is not, there is a clear difference between it and a Ponzi scheme which I believe the comments here have cleared you on that. The basic theory and features allow you to think that bitcoin is used for payment purposes but the reality is that it is not for that purpose because a lot of payment systems are much more preeminent than bitcoin, Bitcoin has been able to grow until now due to the bubble that so many investors bonded together to create, exaggerating year by year, and all of a sudden, bitcoin becomes very high compared to the underlying reality. It's not a form of ponzi and it can't be used for payments, it is just a tool for others to raise prices without having too much concrete meaning |
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Till date I wasn't able to limit myself from gambling. If I've limited myself I could've been the happiest on earth, because what I've lost could've been saved and I might be debt free. Anyhow past is past, once I gave a break for about six months and those earnings were vanished in the next few weeks of time.
The moment of awakening is also probably the latest moment in our lives when we are going to face a lot of debt, you are not too rare in the gambling community but when we fall into such a situation, we will have time to purify our souls, to clear the addiction that is deep in our minds, don't let the side effects of this failure discourage us from facing other problems. A few years of working to pay off gambling debt isn't a big deal, maybe I don't have such a heavy experience but at least I keep my faith at a very high level, I know how negativity affects the future |
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Looking at the price performance right now, I can't say I'm getting much bang for my buck right now.  But it was also a long dry spell to get here. I enjoy it right now. Curious, if XRP will hit the 2$ soon. Looks like it's on its way.  Xrp is a coin from which everything is possible. Traders who had no expectation from xrp even a few days ago, that xrp is now pumping huge. The target that seemed impossible a few days ago now seems to be a very simple target. The $2 target you are talking about may be possible in the coming days. But you have to keep in mind that it is xrp, it can create a bad situation at any time so it is important to be extra careful. Don't care and it will suddenly be famous but if we care more, it will be as quiet as darkness, that is all that can describe the state of Ripple and facing this question, I can only helplessly answer the same as you, Ripple will have no limitable milestone if it wants to grow but combined with this performance, a participant will have corresponding risks. During the rising wave, a successful journey with ripple is very easy with established milestones but if the journey is blocked, the future plans will be delayed and is slowed for a long time |
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There is no point in panic. When we panic, we act automatically, on reflexes. In case of survival, this can help, because during a panic, many run without looking back. But when we are faced with technological progress, panic only gets in the way. However, it is difficult to understand panic when you are already at its mercy. In any case, the fact that I just realized that my money was lost and it had already happened, nothing has changed, it has helped me the most.
Knowing that dealing with the panic successfully will give us a more progressive perspective, but as you said, the panic when activated is too confusing and uncontrollable, a few small losses will not give us such panic but in the face of a big loss, our psychological weaknesses are very clear, the reduction in wealth is too frightening, even if this amount is the last amount of savings, it really creates a crisis. Perhaps the investment path is always bound to fear, but the benefits can be evident in the calm face of problems both in investment and in life. |
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No , to answer your question directly. The government can't hijack any aspect of bitcoin because it is not under their control. They can only restrict users from their country not to use it by making out rules against it use but they has not even also stopped the use from the information on countries that have already restricted users. Those countries that have done that restrictions are still not able to control it. That means they can't hijack any aspect.
Bitcoin's highly secure system works to prevent government control, so many years have passed, the level of government mining for bitcoin is still very vague, they have not realized the prerequisites for controlling this system yet but perhaps, there will be some breakthrough in the future if they provide economic resources to stimulate technology development. But for now, your answer is correct, regardless of the methods of blocking from the network to the management of identity, it is almost useless to the participant and bitcoin. |
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Bitcoin's profit is much higher than the bank. But it cannot guarantee 100%. Profits from banks are not high but it is safe and absolute. You should divide 2 parts of your assets 1 to invest in Bitcoin and 1 more you should send to the bank.
Did you look at the chart of bitcoin prices overtime? If banks were to replicate that, it will take thousands of years before they can do it. Yes banks insures that your money is safe but they benefit more on it more than you because they use your money for loans with exorbitant interests higher than the interest you can get at their bank. My only reason that I will put money to a bank is to have some sort of wallet for stock trading and index funds and other bank related transaction. Well, banks actually use our money to lend to big businesses, and besides, they probably secretly use that money to invest in some portfolios as well, our benefits are too low compared to the profits they receive but you should understand that they provide us with a level of absolute safety coverage each month, they are taking some risk to achieve such returns. Whereas if we want better returns, we also have to take the same risks in bitcoin, bitcoin can help increase wealth but it can also decrease assets, consideration of this issue will need to consider the interests between the two sides |
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Maybe because XRP is one of the leading coins in the crypto currency because this coins is rank 4 as of now, thus many people keep buying that coons because of that, maybe they thought that they can make more income if they are going to invest now in the XRP because of its price that still going better.
The statistics of the past are one of the best testimonies of many people's beliefs about buying XRP, even as Ripple sinks into periods where some have predicted it cannot return, Ripple can still break through such very fragile opportunities to return, bad news will lead to devaluation and slide off position rankings but no, XRP doesn't work that way. Instead of acting as an underdog, it remained silent and did not suffer a bit of chipping on the rankings then manifest their powers in a way no one would expect, the strong won't be affected by the news, that's all. |
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I think because of the pandemic people are more prone to using the internet because most are just at home. And so some look for something to do and usually end up in gambling sites, that's why it has increased lately. Even cockfighting has been on the internet, I know a lot of my friends who were with that kind of gambling physically before but because of the pandemic and can't go outside they have been gambling and betting on online cockfighting. Just like instead of going to the casinos, they also gamble now more thru the websites.
We have seen a very sharp increase in the amount of people that are gambling online and this is because people are trying to find ways to deal with the pandemic, as we know humans are very social by nature and to be in a lockdown that has unofficially lasted for a full year and that in many places is still in place because the vaccination has been incredibly slow then it is not really a surprise that gambling has gone up but at the same time this means that scammers have more opportunities to get to your money than ever before. Indeed, society is moving very slowly due to the complexities of the epidemic, although the vaccine has been distributed around the world but overall, other types of Covid and symptoms after people have been vaccinated still have many problems to deal with. The economics and work of many seem to have frozen while ads of fake gambling sites become abound, some people give away the rest of their savings to scammers, the gambling industry and reputable websites are also not optimistic in times of economic downturn, they are greatly limiting the odds of winning |
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So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?
Yes there is, as long you believe on it and you know what you're doing, then it can lower the risk. Safe strategy is to play long term with the good projects for example on Binance, you'll buy at the bottom price and you wait for its to recover this may not be the safest strategy, but as long as your money is on a good project there's still an assurance that you can make profit. A lot of people go long investment on some new project. Mostly those projects don't end up well. Investing in some of top 10 coins will probably make you have good profit. Maybe it wont be x100 but still it's safer investment. The new project only offers immediate benefits based on the trend the market is offering but depth in the future is nonexistent when the ability to compete with old projects is relatively weak, mainly because the economic resources of large projects are not strong enough and will gradually decrease in popularity. Crypto cornerstone projects from the very beginning will have a larger number of customers, and their value and updates are maintained, capital recovery and profit will be very slow because many sources of dumping can affect the project |
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A country can ban bitcoin usage in their territory, but the fact that there are at least 164 more countries who will be willing to accept a revolutionary piece of tech as bitcoin is still good to me. Countries can definitely impose regulations or even bans on anything they deem unhelpful or parasitic towards their people, just like what they do with drugs. If they see bitcoin as a drug that wastes away their people's brains, then they may definitely impose stricter regulations or even banning for it. But looking at its current benefits to the people, I highly doubt this ever happening.
Today, every ban seems to have become worthless when we look at the price of bitcoin, particularly information that some governments have mentioned and celebrity statements, most countries are choosing bitcoin as a place to further stimulate the economy. Regulation is something that countries are very stressed out with in crypto, they no longer care about banning when the interests of the people are so heavily placed here, some mistakes in decisions and bans could lead to the outrage of the majority and affect economic recovery. |
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I don't agree with Bitcoin being called a ponzi, because not everything that was profitable for early adapters was called a ponzi.
You should know that ponzi schemes are a form of scam by means of new investors paying old investors. And the ponzi scheme will stop
if there are no more new investors. Whereas Bitcoin is not like that, take a look at how Bitcoin works. After all, Bitcoin is not only
a digital asset that can provide profit, but Bitcoin can also be used as a payment like fiat.
Agree, bitcoin's investment model does not belong to a pyramid scheme, that means it's not a form where a pioneer can make money from newbies, almost everyone's capitalization will change based on their calculation and target choice, some newcomers can still make better money than the old, sometimes the old is outdated and attacked by this market. Although bitcoin is not a ponzi but it is truly a giant bubble because the actual feature is too universal and doesn't stand out but the value always surpasses very high thresholds due to the manipulation of investors |
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The altcoin that I highly recommend is binance coin or BNB, although the price of BNB is already very high, it does not rule out the possibility that BNB will still continue to rise, because ETH gas fees are very high, making people prefer BNB to transact
Although the price is more likely to go higher but you should not rule out the possibility that it will fall due to bitcoin's volatility, many statistics have shown the value of BNB has been quite spike this year and cause instability, so my idea is just to spend a little bit of money we can afford to lose to gamble on BNB, ETH is also an option for gambling as it is more likely to grow to hold its position. Except for these two altcoins, the top altcoins and some new projects supported by the binance exchange also need attention, they are frequently pumped based on the trends that binance generates. |
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I think it will be too late to ban now, because we already know for sure the positive impact generated by bitcoin for both per capita (individual) income and for unions such as large companies and investors and that indirectly increases government revenue in finances. just a small example in taxes, because the greater the income of investors / companies, the greater the tax borne.
even if the government prohibits bitcoin, it will have a very big impact on both investors and companies that do business in cryptocurency and on the government itself. because I believe when bitcoin is banned the income will be much reduced.
besides that people have cunning intellect and in the world of crypto it can be done underground (secretly) even though it will be considered illegal as long as it earns a large income, surely many people will do it.
Bitcoin's relentless efforts have linked so many large investors and corporations gathered here and with such a large community size, worldwide coverage, a little blockage is enough to bear a lot of opposition from this community, part of the government's taxes will not stop being affected. But governments never have a common voice, mostly just figuring out what would be in their nation's best interests, only a few countries are linked together, but in general, they just leave bitcoin to develop without blocking, a few such small efforts in exchange for the negativity of the result are not wise choices |
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I am sure that the price of XRP can increase very high, but I do not think if the price of XRP can increase very quickly in a day to reach $1, therefore I regret not investing in XRP when the price is still cheap, because if I invest in XRP when the price is still cheap, then of course I will definitely get a big profit at this time.
Did you even watch the market before? XRP already surpassed $1 in a short time and what you were saying above was not true. Despite the fact if this is a garbage coin but we must remember that if XRP has so many whales were backing this coin. Buy XRP at the dip price should become the best decision to bet into the bump that will be happening. There will be no dumped forever and it will always recover again later. So many people have been making very big profit at least 2x ROI since last month rate. I agree that for the top crypto in terms of stability, they certainly won't have an everlasting decline but what more people are concerned about is recovery time, basically we don't know how it will recover and take the right moment to make a profit, very few people make a big profit through ripple, most of whom you say are alluding to whales and some lucky ingredients. The unlucky majority is accidentally buying Ripple at a price too high and still waiting very tirelessly, pass 1$ very quickly but takes a long time to activate |
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