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841  Economy / Trading Discussion / Re: Taking loan to trade is a risky task on: September 26, 2021, 10:54:59 PM
I would never trade or gamble with money that isn't solely mine. Shit happens and then you'll be unable to pay back the loan, if you don't have your own money, it's best not to trade at all. Trading is extremely risky itself, but doing it with borrowed money takes it to another level of risk.

You'll eventually lose a trade or two, you'll get greedy and who knows what your next moves might be.
Professional traders are doing this but its really not advisable because of the risk in this market and if you can’t really afford to pay that loan better not to try at all and just use your own money to start in this market no matter small or big it is. Borrowing money is a sign of being greed, and without the knowledge you can lose it.
Not just the professional traders, there's a lot of newbies who are taking loans just to start their trading journey and guess what, most of them failed to repay their loans and they are not being hunt by the banks. There's a lot of downside if you start trading thru your borrowed capital and the risk is very high for that so this is not an advisable strategy, you can actually start by just $100 and then make it grow on your own which is more better than to borrow money.
842  Alternate cryptocurrencies / Altcoin Discussion / Re: How you invest ? when you lose ? on: September 26, 2021, 10:45:22 PM
Every time the market dumps, people are losing money and that's the main reason why they are so mad because they made a bad decision and its pretty normal. I do diversify my investments and I don't put everything in just one basket because I know the risk of it and I should grab every opportunity available in the market. We can buy many good coins as much as we want, but always do your own research to know when to buy.
843  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NFT Billboard on Time Square WHAT? on: September 25, 2021, 11:53:17 PM
Part of their advertising program for sure and many can really have that big billboard as long as they are willing to pay the price. NFTs hype is still increasing and I can’t see any decline on it yet maybe if we reach the peak, they’ll start to drop so better to grab this opportunity now before its too late.
844  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano summit 2021 NFT on: September 25, 2021, 11:43:56 PM
So with cardano nft from summit coming soon, how much do you think they will be valued at and why?
If this turns successful then we might see a new ATH though the market is not that good today, there’s still a chance for a better value if there’s a strong demand and a good hype. Many supports ADA and that includes me, i’ll keep on holding until it succeed.
845  Economy / Speculation / Re: Bitcoin on a recovery mode on: September 20, 2021, 09:57:34 PM
recovery is slower than I expected. My estimate after experiencing a fairly sharp price decline from $52k to $46k the price of bitcoin could quickly return to the price of $50k, but in fact the price of bitcoin tends to be stable in the price range of $47k - $48k. looks like $50k remains a tough resistance line to break so far.
We are taking the different side of the journey, we are dumping and yes the price recovery is slow than expected and we might enter into another Bear market any time from now. Well, we still have the last quarter of 2021 to recover, hopefully Bitcoin can still above $40k, or even $50k much better.
846  Economy / Trading Discussion / Re: Losses in trading are nothing but Business expenses on: September 20, 2021, 09:48:15 PM
Trading is like a business, you put up a capital and you work on it until you make profit so if you failed to prepare before doing any trades, don’t expect to succeed. Trading is not about making profit, sometimes its about having the right knowledge knowing when to buy and sell, and in this market losing is very normal just know how much risk you can take.
847  Alternate cryptocurrencies / Altcoin Discussion / Re: best cardano-ADA wallet on: September 20, 2021, 09:17:29 PM
If you prefer secured wallet for storing ADA (cardano) much better use trustwallet for storing it. It is recommended long time ago since you have the private keys and seed phrase for that wallet. Cardano is reliable enough in long term because there a list of project trust it already. We expect lesser gas fees in building in that chain.
Trust wallet is for BEP20 ADA only, so this might not be a good option. I just hold my Cardano in a hard wallet and on Binance for liquidity purposes, its really good if you have the control over your wallet but if you’ll just trade ADA later on, better to use an exchange wallet like on Binance.
848  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Timing is important on: September 20, 2021, 09:03:12 PM
Of course, we must exercise caution when making investments, as our carelessness will be repaid when the value of our assets declines. We must also monitor our assets at all times, even if we do not buy a single coin, because when the value of the coin rises, we must feel sorry because the coin we do not hold and the profit simply vanishes.
We have to support every decisions that we will make thru our own analysis because if not, we might fall into a trap and loses our capital because of a mistake. If you really want to become profitable, having a perfect timing is a must and you can only have this if you are already knowledgeable enough about your investments. Timing is the key, it may take time to practice this but you should push to learn this.
849  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana was down for several hours on: September 20, 2021, 08:40:50 PM
don't worry about solana dropping.  this may be influenced by the decreasing price of BTC.  the most important thing is to always monitor your solana coins.  because solana coin is great, this correction is only temporary and solana will slowly recover
The market is on a red candle sticks again and that is because of Bitcoins movement so technically, this is just a corrections and this is temporary only. If you really want to make profit have a strong hands to hold, SOL is a great project and for sure, it will recover in time.
850  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Not all altcoins will recover on: September 19, 2021, 11:56:03 PM
Look at the meme tokens now, most of them died already because they are useless in this market and that’s why they can’t exist even longer. We have to look for a more established coins or token if you’re going to invest make sure its worth it.
851  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you see the true bear market coming? on: September 19, 2021, 10:59:15 PM
Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?
When Bitcoin goes below $40k, that’s a signal for me that we are already in bear market but there’s nothing to panic about since I assume we’ve learn a lot from 2018 and we all know that the market will always recover so buying during bear market is always a good idea. Let’s see if bear market will still happen this year.
852  Economy / Speculation / Re: Next stop $85K for Bitcoin on: September 19, 2021, 09:52:03 PM
In my opinion, Bitcoin price is bearish at the moment due to the slow retracement seen a few days ago and is likely to continue in the next few weeks. Therefore, I expect BTC to set higher lows over the next few weeks and look set to move higher later this year where the price will hit $70k.
Not a real bearish but its more on a sideways to me, we can only enter to bearish trend once we broke the strong support level at $40k, let’s not hope for this. Bitcoin have to be more stable on its current price before aiming to pump again, $85k is more likely to happen next year.
853  Alternate cryptocurrencies / Altcoin Discussion / Re: How can Cardano achieve $ 5 ? on: September 19, 2021, 09:41:11 PM
Ada will surely hit $5 but need to be patience.  Prediction says  very 1st period of October it will increase  at $2.89 to - 3.63 . I think if bitcoin take stable position above 50k  may be all altcoin will hit n reach on its ATH .

It always need a patience because we can’t go up all the time and still we depend to Bitcoin so if there’s no price update with Bitcoin and if there’s no bullish signal then we can’t go up to that level. ADA is a good project, $5 is really attainable in the right time so have your patience always and wait for future updates of ADA.
854  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons for being in crypto. on: September 17, 2021, 10:52:05 PM
1. If you are in for the tech, what is the problem your favorite project is solving?

2. If you are for the profit, how are you generating one with the coins in your portfolio?
I have to be honest, I came here for profit and fortunately my goal was met simply because I work for it.
You can't just come here expecting to get money without doing anything, you must do your best and grab every opportunity that you'll see along the road. We all have different reason but I guess we came here in one goal, to make money as always.
855  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook Diem thoughts on: September 13, 2021, 09:58:41 PM
If there’s no regulatory pressure with Facebook before, I’m pretty sure they’ve started to adopt cryptocurrency but of course there’s still time for this and honestly, it can happen soon as facebook continues to grow and they can’t afford to ignore blockchain in the long run. If they’ll create their own token that’s fine, and if they accept bitcoin much better.
856  Economy / Speculation / Re: Will the price last until the end of the year? on: September 13, 2021, 09:53:11 PM
Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
We’re hoping on the same thing but we can’t really tell because there’s a lot of uncertainties in this market and the price can easily change. We hope that the price will stay positive until the end of the year, hoping as well that there’s be no more major crash until we welcome a new year, for now let’s try to accumulate more.
857  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are people still using DeFi on Eth? on: September 13, 2021, 09:45:44 PM
ETH is the top network with altcoins so I guess this is enough reason to still create a new project under ETH and beside, ETH is the top altcoins that produced a lot of good project we can’t just ignore it. I still have limited knowledge about SOL though its price gone crazy in the past day, I don’t think its enough to surpass ETH, that’s too early for that.
858  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you cope with the stress of trading? on: September 13, 2021, 09:41:33 PM
I think that trading is one of the most stressful things.
It is a rollercoaster of emotions and if you do not have an outlet,you will make some mistakes easily.
How do you cope with the stress of trading?
I don’t trade daily because that’s too stressful so I allow myself to trade longer because I know its more worth it and there’s no rush for me to make profit because for me, there’s always a perfect timing for everything. Yes trading is more stressful if you failed to create strategy, so better not to skip this one.
859  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cardano run $200 on: September 12, 2021, 11:54:15 PM
Is this the real ADA or what? $200 seems too impossible to happen with its current price even if they made a good marketing strategy before. This may be typo or what, better to review your prediction again. ADA is a good project of course, many are into this project we might see new all time high this year but no on a price of $200.
860  Economy / Trading Discussion / Re: Trading VS investing: pros & cons you should know on: September 12, 2021, 11:14:57 PM
For large trading capital, diversifying the portfolio and using long-term investment strategies are worth but small balance holders should focus on short-term market performance. Both versions of trading have some advantages&disadvantages, traders should decide which side covers their style or needs.
Capital may limit your activities but you can really play any term that you want because it will always depend on your strategies. Trading and investing are both risky so for newbies they can’t do this both since they are still lack of experience and they might lose everything if they take such risk. For a more safety, go for investing on good coins that’s more worth it.
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