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841  Economy / Trading Discussion / Re: Where could i learn about trading? on: July 09, 2020, 05:51:50 AM
Hi. I am somehow new in crypto world and I am wondering if anyone has any suggestions on where could I upgrade my trading skills? Any good website with this kind of info? Thank you.
I started my journey on trading with a help of youtube and you can watch many tutorials on that on how you can improve your trading skills, I also suggest to look for a good books to read about trading. You’re a best position now, make your time more worth it and don’t trade without knowledge about it, keep learning mate and be a good trader.

For me, youtube is not enough to help me become an effective trader. I guarantee you, youtube is only for a source of knowledge and to know the basics in trading. But it is still experience that will help you grow and learn to adjust depending on the situation in the market. You really need accept failures and mistakes in order for you to learn. Tutorials are good, reading books are good, but you need to apply all the knowledge that you have gathered for you to practice how bitcoin works in the market. It takes a lot of courage for you to deal with risks, but there are still ways on how you will minimize your risks just like the risk management that most of the traders are doing before they engaged in the market transactions.
842  Economy / Economics / Re: $6,000,000,000,000 of helicopter money is coming on: July 09, 2020, 05:14:53 AM
I found HODLing very effective for 3 years until now, it makes me more comfortable with my assets to prevent losses when I make transactions that is not necessary. The future of bitcoin is unsure but if we help its promotion to become successful, then it is our success to see bitcoin adoption globally.

In terms of the website, the animation is quite good and it is really fun that as you move the button left and right it feels like you're just playing. But when we talk about the reality, as printing money becomes the only solution of every country, inflation will really occurs. This will cause another major problem in the economy.
843  Bitcoin / Bitcoin Discussion / Re: Buying food or groceries with Bitcoin on: July 09, 2020, 04:37:54 AM
Yes you can if you buy from shops that accept them. Once Get a bitcoin Visa or Mastercard to automaticaly convert bitcoin to fiat. This way you have 100% in BTC and convert in the last moment when you need it.

It depends on the grocery store or the market if they allow the bitcoin to become a payment tool for their business.

Some businesses are still not that knowledgeable about bitcoin due to its centralization. Also, it is volatile so maybe grocery stores are scared that they may lose the value of it when its price goes down.

But hoping that this adoption will become put in to place as this is what we need right now to prevent physical contact during payments. I heard about the bitcoin ATM where we can withdraw bitcoin instantly and hoping that more bitcoin ATMs should spread globally so that it is more convenient to us if we needed to do that.
844  Economy / Trading Discussion / Re: It's ok if your profits are less on: July 08, 2020, 11:06:45 AM
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

They call it "Small progress is still a progress."

No matter how big or small your profit is but still it is a "profit". It doesn't mean that if you get a small profit, you are not an effective trader. Sometimes we need to understand things that trading is not always a win win, we need to learn how to accept and be happy on that amount of profit that we earned.

Just work hard and do more efforts in order to you to gain much larger profit the next time you trade. Also, be more wise and intelligent in making your decisions and grab the opportunities if you think that it will benefit your investments.
845  Economy / Economics / Re: COVID AND INDIAN ECONOMY on: July 08, 2020, 10:36:42 AM
Not just India, The economic situation is very bad, But the news of the last fed days, India is now showing something else. They have started living a normal life. Ordinary people are wandering around wherever they want, Because they don't think about COVID-19. THey think about the family, They think about how we can earn money. Where they go and find work, They go out of the house for the purpose of finding work. They go out every day to earn their living.


I Don't think there is a solution until the Antidote is being developed.
How long they can stay in their home without any real help from their governments, now government increased taxes as well so people have to go to work to feed their family at least one time a day.Government also relaxed their restrictions even public transports are open for public to use and government says wear a mask or cotton cloth to save yourself from virus. Tongue

We will all struggle not only India, there's no such thing as a perfect government. The only thing that we need is a transparent and responsible government, a government that will spend the budget for this pandemic properly and will prioritize those things that will help eliminate or handle this Covid-19.

When it comes to the economic sector, it is really hard to open those businesses immediately as there is still a risk of getting the virus outside. More studies and researches are needed in order to implement an effective strategy to help its citizen as well as the economy of the countries to overcome this struggle.
846  Bitcoin / Bitcoin Discussion / Re: My suggestion on Bitcoin adoption on: July 08, 2020, 10:06:31 AM
OP Did you fall asleep writing this post?  Cheesy
I agree that Bitcoin is still unknown for major part of the world, but I don't see your suggestion for Bitcoin adoption.
You have some magic formula maybe.

He didn't say anything about his suggestion for bitcoin adoption, all i read is his opinion about this bitcoin not going for a mainstream.

There are still a lot of countries which are still not open for the use of bitcoin in their country. But in order for the government to allow the legalization of bitcoin in a certain country, its citizen must persuade or use the bitcoin publicly. Social media as a powerful platform right and it can influence anyone who are using it.

We can promote the use of bitcoin or its advantages in the market and in our lives through social media that we are using everyday. Internet really improves the quality of its user's life and we are experiencing it right now. Hoping that bitcoin users are willing to help support the use and the promotion of bitcoin for us to grow more.
847  Economy / Trading Discussion / Re: Beginner Trader on: July 07, 2020, 11:58:54 AM
Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

There's so many ways for us to educate ourselves in terms of learn how to trade? We have different forums that are discussing about
trading like this forum, Bitcoingarden, Altcointalks and cryptotalk or you could also try to watch a video tutorial about crypto trading as well something like and many more.

Learning is limitless, you can learn whenever you want but make sure that you will apply it in an actual trading. Learning without applying is useless, you should learn how trading actually works, how market moves and how to deal with the volatility of the asset that you're holding.

Educate yourself if you're willing to learn and become more effective in trading.

Work hard, do a lot of effort, and most importantly, be patient. Learning is not instant, it is a process where you should understand things step by step. Seek some advice to those professionals because they have a lot of experience, lessons, and strategies to share with you.
848  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: July 07, 2020, 11:11:31 AM
World War III is not coming anytime soon.

Moreover, the next world war would only annihilate the entire earth. So whatever conspiracy theory that is running in your fertile mind right now, that is not going to happen.

Just relax and don't overthink, World war 3 is less likely to happen.

World leaders are not that dumb to start a war, they're just strengthening their country for a war but probably they will not do it. Maybe that's only a cold war between countries, they are just not destroying each other's territory but they have competition in terms of the economy. It is not just because there is a trouble or riot in the US, war is going to happen, the people there only needs justice and end the racism, it can't start a war.

Indian and China is not really having a war, they are just having a competition between trades and etc. But due to the unpleasant tensions between them, they made the conflict to become worse.
849  Bitcoin / Bitcoin Discussion / Re: Venezuelan can now renew their Passport with Bitcoin as payment. on: July 07, 2020, 10:39:29 AM
another day, another adoption.
of course, this kind of development is always welcome. it would attract their citizens who are noncrypto users to look at this option and maybe learn about crypto along the process. we need more of this kind of service. also it means their government is fully trusting bitcoin. if some of their constituents are still in doubt about crypto, they may change their stance on how they perceive it.

THIS IS WHAT WE NEED RIGHT NOW! Although we are experiencing pandemic, we are still working for more bitcoin adoption.

Due to the convenience and effectiveness of bitcoin as a non-contact payment tool, it is really guaranteed for most of the transactions that we are going to do. This is a good idea as people are really having a hard time to pay their bills or to process their papers due to this quarantine. As passports are regulated by the authority, most probably, the Venezuelan government understands how important bitcoin is in the economy. Imagine, they put it into their payment option so that people will lessen their hassle, plus it increases the mass adoption of this cryptocurrency.
850  Economy / Trading Discussion / Re: Three basic Market Analysis to Becoming a Successful trader for Newbies on: July 06, 2020, 08:44:21 AM
Technical analysis utilizes a trading pattern in predicting price movement of a crypto,  indices etc with the aid of charting patterns
this analysis with the aid of indicating tools both leading and lagging indicators help to predict the future price movement based on past historical
calculations, of course price history repeat itself, trend lines, support and resistance lines moving averages are some of the tools in ensuring a trader trade with the trend 'Trend is your friend' in trading coupled with learning Price Action is a must for newbies to earn profits consistently.

I knew a lot of trader who are prioritizing the use of technical analysis in their transactions, so that they know the changes of their asset's price in the market. Timing is what we need in order to become successful in trading, you don't need to rush, but you need to study all of the movements in the market.

But this technical analysis, is most effective for a short-term trading and for a long term investments.

This will also help you to perform signal trading, but be careful of those signals, it should came from those professional traders to prevent being scammed by authentic signals. You need to know the person behind those trading signals so that the technical analysis that you perform will become worth it.
851  Economy / Economics / Re: Financial Crisis Will Come on: July 06, 2020, 08:02:11 AM
If we are going to put basis on the pandemic, i am sure that we can say that there will be an incoming finanacial crisis, i believe that the effect of the pandemic is worst and we can maybe still feel the crisis next year, we need to be more practical and patience this time for we can help the government solve the pandemic.
the financial crisis really happened at the beginning of this pandemic. at present, it seems that my country has adopted a number of policies so that economic activity has almost stabilized. to be honest, nowadays people see COVID-19 as something ordinary, just by using a mask, and social distancing, it can be avoided, so they thought. however, the government is currently trying to keep the crisis from getting worse.

It is also because of the recession that we are experiencing right now. Businesses are closed that's why they are having a hard time to pay their taxes and grow their businesses again. Some of the businesses are closing permanently due to the bankruptcy that they are struggling. By that, people or workers will lost their job and it can worsen the financial crisis that we are experiencing.

Governments are really having a hard time and looking for a things that will help them end this financial crisis.

Our country is heavily in debt but the people are not benefiting due to the misallocation of the budget for this pandemic. That's why we don't feel any relief during this quarantine due to lack of financial assistance from the government or authorities.
852  Economy / Trading Discussion / Re: Crypto signals - any successful cases? Advices? on: July 05, 2020, 02:42:26 PM
The crypto signal group is all bullshit, no one really gives an accurate signal. I have several times joined a group like that and I have never benefited, only losses that I can.

That's what you should learn about trading, not all techniques and strategies are effective especially that you only rely on those signals. That mistake that you had performed will really make you know the disadvantages of using signal trading.

There are really a fraud signals that will make you lose your asset that's why you should not rely on that.

It is really hard to trust those signal providers as some of them are not that trustworthy enough to risk your asset to try their signals. Accepting trading signals should not be the only choice or option that you choose every time you want to make transactions. Sometimes you also need to study it with yourself to know if it really came from a professional trader.
853  Bitcoin / Bitcoin Discussion / Re: Bitcoin soon will become a boring investment? on: July 05, 2020, 01:38:13 PM
For those who say investment is boring because it is too long to wait for prices to rise, this word can come out because they cannot hold back what they have done before.
Bitcoin is widely used in several versions including digital currencies which are currently widely used and may even become a legal payment tool in the future, I think there is no investment that is bored because all we have to wait for bitcoin is a little slow what we expect in this year after halving happened.

But that's normal, bitcoin is not for a short-term investment, you need a lot of time for you to earn your profit in bitcoin. Patience is what you need in order to become effective in making bitcoin as your asset. I learned about bitcoin was when I was a student, my interest in making it as an investment is really high that's why I did my best to make it grow. I didn't find bitcoin as a boring investment even in the future, for me bitcoin will still become the best digital currency or asset to invest. Although the movement of price of bitcoin is unpredictable, you are still responsible on how you manipulate it in the market.
854  Economy / Trading Discussion / Re: Trade and make a profit in a Volatile market on: July 04, 2020, 03:31:15 PM
I am new to the trade market and i want to make some profit by trading like everyone else those who are making profit by trading. In today's there is no better way to make profit in a short period of time than setting at home. So i want to trade and make a profit in a Volatile market.

1. How to trade?
2. How to make more profit?
3. What to do to become an expert on the trade side?  Huh Huh Huh

1. Googling
2. Googling
3. Googling

But what you need to remember is that any perception shift public could cause the value assets to rise or fall will likely manifest as an even larger swing in the price and is perhaps the biggest single reason for the instability of digital currency


Do you think that google is enough to make more profit?

Do you think google will help you become an expert on trading?

Google will only give you knowledge and idea about how trading works or how to use a certain trading platforms. It will not help you grow in trading especially that you need to deal with the market first before you learn how market moves. Just like what most of the professional traders said, you need to practice and have an experience in order for you to improve and adapt in trading environment.
855  Economy / Economics / Re: Can we rely on Bitcoin and cryptocurrency? on: July 04, 2020, 08:50:36 AM
There are people who are trusting bitcoin so much that they don't even try to explore the use of cryptocurrency. There are other coins that will help us earn profits and not only this bitcoin, but it is true that the profit in using bitcoin is extremely high compared to other coins. But I don't see this bitcoin as the priority right now as there are no improvements in its price right now.

I knew about cryptocurrency and bitcoin for almost 3 years and I really saw how this assets help me and the economy grow. I still want to see more in using bitcoin and I know that there is something more in bitcoin that we need to see. Right now, during this pandemic, we should really rely in bitcoin because some businesses are not open.
856  Bitcoin / Bitcoin Discussion / Re: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk... on: July 04, 2020, 08:10:13 AM
Before you engage with the use of bitcoin, you should know first about the things about how it work or the risks of investing on it.

It is really not that easy to perform a transaction using this coin, but you should always remember that bitcoin is volatile and risks are always in the market. Being open-minded about the risks in bitcoin will help you grow and understand how to become much more effective in making bitcoin as your asset.

I guarantee you, that you should become wise and aware about the possibilities in manipulating bitcoin.
857  Economy / Trading Discussion / Re: Newbie should trade or not? Please give me idea. on: July 03, 2020, 12:54:08 PM
Also, start will some small amount to get the feeling how it works.

Try trading first before investing huge amount of assets, you just need to test if you are effective and starting with small amount will make you understand how trading works. After that, if you learn and know how to deal with the market, you can now invest another amount of assets and make sure that you are ready to grow it with your manipulation.

Big investment doesn't necessary mean big profit.

That's right, many traders are having a lot of profits right now when they start trading with a small amount. It depends on you if you have the opportunity to have a huge profit to your investment, you just need to work hard and do some effort for you to grow.

Try to keep cool head and make your own decisions.

Don't rely on other people about your decisions in trading. You should learn to yourself on when is the right time to trade just by performing technical analysis in the market. You are the one who is responsible from the growth of your investments.
858  Economy / Economics / Re: Is the economy supposed to be a political tools? on: July 03, 2020, 12:03:40 PM
i think so, this economic condition just to be political tools

There are a lot of politicians who are helping a lot of people during this pandemic but when this pandemic doesn't exist yet, they are just making money out of their political platforms. But most of the politicians here in our country are very corrupt that's why our country is not that really developing compared to other countries out there who have a responsible government.

It is hard to find a trustworthy and responsible government officials because once they are elected, they are not doing what they should do. They are not serving the country with all of their might and they are just sitting in their houses and waiting for their salary to come.

Hoping that in this pandemic, we can recover from economic crisis and the government officials should focus on that and not on their own benefits.
859  Bitcoin / Bitcoin Discussion / Re: How does Bitcoin work? on: July 03, 2020, 07:51:34 AM
Bitcoin is also used for transferring money. Bitcoin transaction fees are smaller than fees for transactions made by banks. Moreover, Bitcoin is operating 24/7, it doesn’t care where and to whom you send money.

Bitcoin is not only used in that way, it is also typically used as an asset where you can make and earn profits depending on the market situation. Bitcoin can undergo exchanges with fees if you want to make it into a fiat currency. The only necessary thing for you to have a successful transaction with the use of bitcoin is with the proper use of BTC addresses. The good thing here in btc transactions is that some have the record or you have history of your past transactions so it is not a problem for you. In using bitcoin, you need to improve the security and safety of your wallet or account to prevent losses and prevent sending btc in a wrong addresses.
860  Economy / Trading Discussion / Re: Cryptocurrency Day Trading: How to Get Started & How to Win on: July 02, 2020, 07:52:09 AM
Before trading, you would like to understand about trades and learn trading techniques I also usually trade crypto and you're right there are many traders who jump for day trading as they are available to form more profit in greed then they're more at a loss. Therefore first you would like to understand about crypto you've got to find out the techniques of trading whether it's adieu trading or futures trading the higher the talents the lower the danger.

Day trading is not that easy to do once you are already in to it. I learned and tried day trading, it really help me earn some profits but that's not a guaranteed 100% profit. Risks are still there and in day trading, you should know how to control yourself because greed is always there. When we talked about assets, you should also prioritize your safety and assurance.

Self-discipline in day trading will help you control your emotions and stop when it is necessary. Practicing your techniques will help you minimize those risks and make you comfortable in many transactions. Once you are really good at it and you master how day trading works, then that's an opportunity for you to help yourself earn profits with your own control and manipulation.
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