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861  Economy / Economics / Re: Lives vs Economy -- sad truth on: July 02, 2020, 06:49:28 AM
I don't think that's true,,because every persons life is precious and government is trying to save everyone, but unfortunately not all patients are given immediate relief due to lack of facilities and patient volume. Even though they wanted to save every one

That's the thing that the governments should prioritize right now, not all those other issues in their country. Here in our country, the government is not that responsible and not allocating the proper budget for this pandemic. They are not prioritizing the health sector which is bad for those who are infected by this Covid-19. Our government officials are very corrupt and they don't care about the situation especially those poor people who are really suffering from this pandemic. We all know that the government should also focus on the economic sector because that's the thing that is really affected due to lockdown and businesses are unable to operate. Hoping that we overcome this struggle and deal with the reality of life.
862  Economy / Economics / Re: Is the US economy suddenly recovering? on: July 01, 2020, 04:57:25 PM
The decisions made by the government is quite risky since they are the epicenter of the virus already but they don't have any other choices but to do risky decisions for the sake of their economy. Also take note that they've printed too much money already and the increase in money supply in the US has increased greatly within the past 3 months (March to May) base on this site.

As what you've said, US is considered as the epicenter of this virus right now. The US government is really having a hard time to control this virus and they are experiencing huge economic crisis. I'm really not that sure if they are recovering slowly because i don't see any improvement in their country.

China is the real origin of this virus, but the improvement in their economy is extremely fast. The way that they handle this pandemic is really effective and they still have a stable economy. US leader is focusing on blaming China than fixing and prioritizing their own economy.

Maybe, that's the reason why they are struggling so hard to recover their economy.
863  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you wish you could do the most with your Bitcoin? on: July 01, 2020, 04:24:32 PM
I wish I could buy more of it so that I can invest more and wait for the beautiful future of bitcoin  Wink

In order to do that, you should invest first on something that will help you to earn profit, even a small businesses will do. After that, once you are successful to manipulate it and earn a lot of profit, that's the time where you should invest in bitcoin. Bitcoin has a lot of benefits once you own some, you just need to learn how to deal with the market, to deal with yourself, and to deal with those risks. I invested in bitcoin 4 years ago, and I already benefited from it and grow my business and help my family. Bitcoin will help you grow as a person and as a business-minded once you try to work hard to achieve your goals using bitcoin.
864  Economy / Trading Discussion / Re: Predict the price and win BTC on: June 30, 2020, 05:58:07 PM
"Gambling with knowledge is investing, investing without knowledge is gambling" - someone said.

All in all, it includes risks, we all know that gambling and investment are risky and that's the thing that you should focus on. If you gambling with prior knowledge that will help you to manipulate your money and understand how gambling works, but you also need to know that you can lose your money easily in gambling, while in investment, it takes more time and you need patience in order to achieve your profits.

Just like in bitcoin, you should learn how to predict or observe the market situation for you to understand how to manipulate BTC and earn profits from it.

Going back, investing without knowledge is really risky just like you are not that paying attention about losing your money. I knew someone who loss a huge amount of assets without even know the basic fundamentals of gambling.
865  Economy / Economics / Re: Is it a problem if the population decreases while monetary inflation remains... on: June 30, 2020, 05:12:37 PM
I don't see any correlation between that. It is really hard to say the relation between the decreasing of the population and the inflation of money. Monetary inflation can cause decrease in a price of a certain currency. If a country continuously print massive number of money then its value will become useless.

In terms of decreasing of population, I don't see any direct effect between them.
866  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin halving real or just a theory?? on: June 30, 2020, 04:40:26 PM
So with all the evidences and successful two halvings already done the OP still asks whether this is real or a theory. Well stick around till May ends and you will find that answer yourself. Bitcoin halving is going to happen since it has been engineered into the network to do so and it does not need the approval of anybody to execute this function. it is automatic.

This May 2020 we experienced halving and our bitcoin's price somehow moved in the market. If you didn't feel sudden pump and downfall in the price of bitcoin then you should wait for it till the next halving in year 2024. I will tell you, halving is real, if halving doesn't exist then bitcoin will not have any improvement as an asset in our investments. If you believe on halving, then just don't panic when halving occurs because it can really affect your bitcoin assets once you hold it.
867  Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading? on: June 29, 2020, 01:18:03 PM
How to overcome and handle your mistakes?
Trading is not an easy money making job without any fear of losing and wrong trading.
Learn from your mistake- Use it to step forward and don't stack to it.
Focus on your mistakes- If you're worried about your mistakes,what will you do to avoid it?Focus on what you've done and you'll be taking a
                                    productive action.

This is the most effective and important for me, I think. Mistakes will help you grow as a trader, especially that it will help you become more prepared, wise, and have a good decision making in many transactions. I know that it is not that easy to do trading especially if you are new to it. But once you experience losses and you try to minimize them, that's the time that you are becoming effective and you are applying all the experiences that you have. You just need to practice and practice trading, you need to explore how trading works and how can you deal with that. Mistakes are normal so don't be afraid of that, just make sure that you are going to fight and reduce them so that you can also have losses in your future transactions. Strategies are really importance once you are making your self prepared and ready, just always perform technical analysis and become confident about your mistakes.
868  Bitcoin / Bitcoin Discussion / Re: How the wallet is hacked, what should I do? on: June 29, 2020, 12:46:36 PM
The only thing necessary for me to prevent this kind of situation where your wallets are getting hacked is, never used other gadgets or device to access your wallet. That's very risky even if you know the person that owns the device that you are using. Don't trust anyone when it comes to cryptocurrency especially when we talk about digital wallets.

Every beginners or newbies should know the importance of that and they should know how to improve their security. It is easy to make a digital wallet that has a high security, and it depends on you if you will use other gadgets. But if i were you, i will only access my digital wallet only when I'm using my devices.
869  Bitcoin / Bitcoin Discussion / Re: A lot of Americans still don't know what Bitcoin is on: June 29, 2020, 07:00:47 AM
Well, there are lots of people who still don't know crypto yet especially if were talking to young and old ones.


Old people are not that technologically inclined, they are not used to the use of technology in their surroundings and they are ignorant about it. There are still people around the world who are not that knowledgeable or informed about the existence of cryptocurrency in the market. Maybe some of them thinks that bitcoin is a scam and fraud investment, they are ignorant until we inform them and we support the promotion of cryptocurrency in our country. We need to engage to this kind of new transactions that includes digital currency, people should not waste the opportunity to learn bitcoin and get profits from them due to its volatility in the market.
870  Economy / Economics / China economy and how they handle Covid-19. on: June 28, 2020, 11:24:12 AM
We all know that the root of this pandemic are those Chinese people who eats exotic food. The first case of Covid-19 was in Wuhan, China, the markets there are in a lockdown and closed after they try to sell horseshoe bat where the new strand of corona virus came from. We all know that China has a strong and rich economy due to their love for money.

China's approach toward this virus is really precise and effective as they are minimizing the rate of transmission of this Covid-19. They are effectively slowing the number of cases and right now, they have only 415 active cases as of June 28, 2020, based on this link https://en.wikipedia.org/wiki/COVID-19_pandemic.

Maybe the factors that help them to have a stable economy are:
1. Chinese people are really disciplined, they are not going outside but still can pay taxes.
2. They strictly following the rules and laws implemented by the government.
3. The government is prioritizing the health sector above all other sectors.
4. Properly allocating the budget for this pandemic.
5. We all know that China is the number 1, manufacturer of face masks, gloves, alcohol, and test kits.

By that factors, these will help them handle this Covid-19 properly and as well as controlling their economy to prevent some downward movement. Being a communist and huge country is really a good advantage as they control how money regulates in their country. Man power toward production of goods are really strong as they have the largest population.

Do you think each and every country can achieve this kind of approach to this pandemic? Can they recover faster from this struggle economically?
871  Economy / Economics / Re: Is global adoption of Bitcoin possible post-Covid? on: June 28, 2020, 06:31:54 AM
People around the world will realize that how easy it is for an economy to crash. I think these issues are already what Bitcoin is striving to fight with but in current times they seem to be more deadly. Bitcoin is providing a practical solution for it at-least as a stable alternative to Fiat.

We already experienced a stock market crash and Bitcoin followed it. An then Bitcoin recovered simultaneously with stocks. If we'll have a true economic crisis, people won't be buying Bitcoin, they will be selling their assets, including Bitcoin, to buy toilet paper, figuratively speaking. People want Bitcoin to be digital gold and a hedge against global economy, but it can't become such thing as long as it is a volatile speculative investment.

Crashing of stock markets of those countries which are affected by this pandemic are the main struggle right now. It is not that easy to handle economic issues during this pandemic because it is hard to open businesses right now, but the use of Bitcoin is much easier to do. Bitcoin is a digital currency which we can use without even a single physical transaction.

It can be transferred using connection and I know that our technology is continuously advancing and most of us right now have an internet connections. It is easy for us to adopt bitcoin globally once we try to help its promotion and support the use of it depending on the market situation. After this pandemic, this will probably make a way for some people to invest in bitcoin.
872  Bitcoin / Bitcoin Discussion / Re: Indian government Banning Cryptocurrencies? on: June 28, 2020, 05:37:53 AM
Court decides according to the rules and laws of the nation. The court decriminalized crypto trading cause there were no specific prohibition on the law. The government and the parliament holds the power to modify laws and hence make it illegal to trade crypto. Many have also seen the window was to get rid of crypto for many prominent political keens and as they've done it, now they are making it illegal.

Maybe their country is really having a hard time to manipulate cryptocurrency in their economy. Some of the government officials there are not that knowledgeable about the advantages of cryptocurrencies in the market. They are lacking of proper manipulation and knowledge on how they will make this legalization of cryptocurrency more effective. It really depends on the government if they are willing to trust the bitcoin process and how it can really make an economy grow. But the government are the one who will make laws about this cryptocurrency, so if they don't see it much effective and they are struggling to manipulate it then it is also good for them to illegalize it again in their country.
873  Economy / Trading Discussion / Re: Where can I learn Technical Analysis to Cryptocurrencies? on: June 27, 2020, 02:56:34 PM
babypips and investopedia
Some exchanges have practise areas where no real money is involved.
But frankly it's all voodoo for 99% of people, so please be very sceptical.
If it worked everyone would do it. So it couldn't work.

Babypips is really suitable for a trader no matter if you are a beginner or a professional. There are a lot of ideas, information and techniques there that you can use as you try to start trading. Most of the essential things in trading are experience, practice and application.

Learning trading is not enough, you should master it and grow from it so that you will become better and better in any transaction that you are doing.

Technical Analysis is one of the most important thing that you perform first if you want to engage in trading. This will help you understand how trading works and improve the strength and effectiveness of the strategies that you are going to make. But the best thing in technical analysis is that it can make your good decision making better.
874  Economy / Economics / Re: The Covid19 Curve is Flattening on: June 27, 2020, 02:24:39 PM
In my own opinion, if COVID-19 will start to spread and make a vast number of cases again, I assume that there will be a massive riot in every country because a lot of people will die in starved due to losing their jobs and businesses getting bankrupt. That is why scientists, doctors, nurses, etc. are doing everything for them to provide a vaccine for COVID-19 to prevent this kind of situation from happening.

I don't think that we will reach that kind of struggle in this Covid-19, that's too much and is less likely to happen. I believe that each and everyone of us can help contribute in minimizing the risk of this Covid-19 in a certain country. It is possible if it is a political-related riot that will surely happen due to those governments who are not handling this pandemic properly. But if the government is really responsible and accountable about handling and controlling this virus then people will not need to do those things that can worsen this struggle amidst pandemic. Good leaders is what we need and disciplined citizen to follow the new set of rules and regulations to minimize the risk of getting the virus. 
875  Economy / Trading Discussion / Re: Is it true that Corona Virus may effect trading? on: June 26, 2020, 06:51:32 AM
I dont see any correlative connection between them, crypto trading will not be affected on coronavirus because we are on digital. There's probably a high chance if that has come from the stock market and it is physically involved. I dont see any valid reason if Crypto trading will affected to the world epedimic today. Stay at home and you will be safe from that virus.

The only relation that I see is that during economic crisis, world economy is really struggling to manipulate and help their economy to recover. Cryptocurrency is not that really affected from this pandemic and they have different targets and platform to be affected with.

It is not that because economy is in a downward movement, trading will also occur in a downward movement.

They are not that really related to each other. You can trade whenever you want in the market but you just need to make sure the market situation. Just continue trading until you're getting profit from it and stop when it is not. Covid-19 can promote the use of cryptocurrency but not directly affect the trading in the market.
876  Other / Off-topic / Re: 2020 one of the most negative year in my life ... on: June 26, 2020, 06:16:07 AM
I believe that if you do good things and do the right thing, nothing bad will happen in your life. And if something bad happens in your life, it's a reason to think about what you're doing wrong.

That's life, people need to suffer or experience struggle to test his strength during downfall. They say life is like a rollercoaster, it go up and down and up and down. You need to deal with that and once you surpass that kind of trials in life then its time for you to relax and prepare for another lesson. It requires a lot of courage and effort for you to overcome those obstacle in all of the aspects in life. Sometimes, you need to take a break and breathe so that you can relax and become more ready once you continue your journey in life. Once you become successful in life and you have a lot of money, don't forget to keep your feet on the ground and help other people grow and encourage them to become successful too.
877  Bitcoin / Bitcoin Discussion / Re: Why people are happy only when the price goes up? on: June 26, 2020, 05:43:02 AM
That's the reality of bitcoin, for some other users, it only matters when the price of bitcoin increases. But when it undergo downward movement in the market, most of the users are holding until it increase again. People are buying more bitcoin once its price is really low, they save their bitcoin and wait for the right time to sell when its price increase.

Market are really unpredictable and there are bitcoin users who are patiently waiting so that they will benefit the true value of bitcoin. You just need to understand that bitcoin requires a lot of time and factors so that you will get a huge profit in making it as your asset to your investment.
878  Economy / Trading Discussion / Re: Are you using a trading bot? on: June 25, 2020, 11:55:13 AM
When the first time I used this trading bot called GEKKO, I really like its features and security when it comes to a trading bot. Although trading bots are not that 100% sure that it will give you huge amount of profits, still it depends on your manipulation even if it is an bot.

That's why it is not guaranteed to use trading bots for huge profits, still manual trading is the most efficient and effective thing to do when you invest in trading. You can use bots if you have some other things to use and if you are unable to focus on trading. You need to deal with the reality that trading is much risky than it is.

Money is not that certain in trading, and if you use trading bots, it can make things worse. But if you are really willing to use trading bot, I suggest you to try GEKKO.
879  Economy / Economics / Re: What if this pandemic persists till the end of the year? on: June 25, 2020, 11:24:14 AM
what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?

For me I think global economy will severely suffer if this pandemic doesn't go away this year. Think of those small and huge businesses which are bankrupted already, its been only 6 months but there's already a huge drop in the price of bitcoin. I know all of us are suffering including the government but that doesn't mean that it will take forever. This pandemic is only temporary and we can get through this as soon as possible. Proper management of your assets are required for you to prevent financial problems. Some governments are already implemented some solution for the people to open their business with new set of rules and regulations just for the people to pay their reasonable taxes. By that, little by little the economy of a country will somehow recover until we eliminate this virus completely.
880  Bitcoin / Bitcoin Discussion / Re: Is it possibleTrump Will Prohibit Bitcoin? on: June 25, 2020, 10:52:25 AM
Donīt listen what he says, watch what he does. He canīt prohibit Bitcoin and it would not make any sense to even try. He is saber-rattling but thatīs say anything. Too many big players from the USA have already entered the market to ignore or fight it. Goldman is another case of talking this and doing that, it just seem to be common courtesy

Probably, many bitcoin fans will be enraged if Trump continue to prohibit bitcoin. That's a very crucial thing for him to do, as there are already big personality who engaged in investing to bitcoin. US economy is crashing right now, and it will make it worse once he prohibit the use of bitcoin in their country. It will surely give a huge impact to their economy.

We all know that most of the people are already engaging in the use of bitcoin and there are people who prefer to invest in bitcoin rather than in any businesses. Trump should think again before doing that, he doesn't even know what are the effects of not legalizing bitcoin in a democratic country like them.
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