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881  Bitcoin / Bitcoin Discussion / Re: Big companies have started investing in bitcoin as a safe asset on: September 18, 2020, 02:41:28 PM
This has pointed out that bitcoin has been accepted  by all circles, I heard there are several firms/companies who start to buy bitcoin for investment purpose and it will give a good effect for bitcoin.

Bitcoin has a unique function, they can still it for payment system, sending money and an asset. Comparing to gold, bitcoin is more useful then it. So why, there will be many companies who will start to safe their money into bitcoin. Moreover with this crisis economic situation bitcoin can be made as an alternative to safe their money.
882  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What can Ethereum be worth when the Bitcoin max supply is complete? on: September 18, 2020, 02:31:59 PM
There is no relation between bitcoin supply and ethereum price movement. The coin price movement only depend on supply and demand from the coin itself.

The coin price will up if the people believe that the coin is deserve to achiev it based on some factor like the development for the coin and the real use case from the coin.

I believe in the future when crypto currency is accepted by most people on this world they will buy and have interest to buy the coin based on the function of the coin. There will no be any hype anymore like this time.
883  Economy / Economics / Re: Covid economic impact - How can Bitcoin help to boost global economy? on: September 18, 2020, 06:01:57 AM
There is just a few percent for bitcoin's users in every country and I believe for those who knows bitcoin before this crisis came they will keep comfortable until now, I mean they will not get a bad impact. They can still earn money through trading or investing, as a little case myself, I don't know what will happen if I never know bitcoin before.

The virus has given a big impact to my country, there are a lot of companies who just closed and dismissed all their employment and become a horrible situation, and I one of the victim. I just unemployment and need money to meet my family life, there will be a useless thing if I look for a job again, so at that situation I can't imagine how my family lives. But it just different when I know bitcoin, I have no fear of facing an economic crisis because I can buy everything that I need. it would be different if most people know bitcoin, we will survive without help from the goverment.
884  Bitcoin / Bitcoin Discussion / Re: Poll: coming CBDC help or hurt bitcoin? on: September 18, 2020, 05:42:56 AM
Bitcoin has been used for more than 10 years but there just a few users who used bitcoin as a means of payment, most of them are using bitcoin as a means of investment place only. So, I'll vote there will be no impact if every government make their own digital currency to be used by their citizen. Unless, if most bitcoin's user use bitcoin as a means of payment, then there will be many people who use digital currency for their transaction since government will stay to keep banned it.
885  Economy / Trading Discussion / Re: What advice will you give to a beginner trader? on: September 17, 2020, 04:14:16 PM
The advice I can give to beginner traders is to start learning about the basic rules of crypto trading, after that choose a popular
and trusted trading platforms. Next start trading with a small capital, learn how to analyze the market, choose popular coins when
trading. And lastly and most importantly don't trade based on other people's signals.
Derivative/future trading is really dangerous for new trader, I felt it when I was newbie to trade. Indeed, I spend $100 to start but I use 20x leverage for my all trading system and finally I lost all my money and it was worst. Spot trading is really suitable for new trader, especially if they use bitcoin although the bitcoin price drop they still have a chance to still hold the coin and wait until the price up again and they can sell it, so they will have a small risk to lose money and also they will learn every wrong that they made for the next round.
886  Economy / Gambling discussion / Re: Gambling is Addictive...Pay Attention to your Gambling Habit!!! on: September 17, 2020, 04:00:04 PM
I heard the story like this many times and yeah I just take it as a learning for my habitation. Gambling is not a good place and I'm aware of it, but everything need a proccess. Maybe I can't leave it now because I really enjoy when I gamble but who knows in the future, at least I always have a hope that I should leave gambling.

Although I always play with the entertaiment purpose, yeah you same with whl just play gambling once a week. I play when I got money that I can afford to lose and never use money that I will use to meet my daily life. With this thing maybe I can avoid to be an addict and actually this thread will also help the user here to avoid become an addict.

887  Economy / Trading Discussion / Re: Don't trade if you're inexperience rather stake your coins. on: September 17, 2020, 03:49:09 PM
Everything need a proccess, even I read some books the author always says that you can't get a consistent profit for two years in trading.

That has pointed out that trading is a difficult way to earn money. You need more time, money and your effort to make your trading system run properly for atleast you can minimize a risk.

All people can be a trader, getting money and even getting rich of it by doing hard work. But all people will broke if they just put buy and sell by his imagination or even other people suggestion.
888  Alternate cryptocurrencies / Altcoin Discussion / Re: India will Implement Law For Prohibition of Crypto Trading on: September 17, 2020, 03:38:40 PM
Each government will have a different rule to adopt something, in this case we will talk about crypto currency. Is there any reason why they ban crypto trading? are all trading platforms in India regulated?

I don't that trading crypto will give a bad impact for the economic of the country. Even, with the trading crypto the country will have an income through, the government can charge a fee for every user who has crypto asset.

I don't know what has happened in india, but I heard several times in some article that india always fight to make crypto currency develop. Where there are a lot of crypto user out in India.
889  Bitcoin / Bitcoin Discussion / Re: Why government Don't kill btc? on: September 17, 2020, 03:08:54 PM
Why they should kill bitcoin? There is no reason to shutdown bitcoin since there is no negative side if their citizen use bitcoin.

More than that, at the current time bitcoin can be made as an investment place where the people can make a profit throught it. More ever in this situation, I believe there will be many people who will need a side income to meet their daily life.

So, it will be a wrong way if they kill bitcoin and prohibit the utilization in the country. We are find if bitcoin can't be use as mean of payment because I'm aware that using money fiat is more easy rather use bitcoin, but there is no didn't accept bitcoin as mean of investment place.
890  Economy / Gambling discussion / Re: My experience is gambling on: September 16, 2020, 03:37:38 PM
You cannot really distinguish gambling as for fun and enjoyment, especially when money is involved. It tilts your thinking in wanting to earn more. With the rewards that can make you, quick rich and restore all the losses. In a way, gambling can be a source of income, with proper strategy to earn enough and not lose more than you can afford.
I can't imagine how they do that and how dare they are to make gambling as source of income. Although I have a ton of strategy, I don't believe it will help me to earn money per day, per week and per months. it's something that is totally cryptic. Because to make gambling as source income you'll need capital and you are required to get money from your gambling, how will you get it if the rules of gambling are mostly luck?
891  Economy / Economics / Re: bitcoin dont pay our billls we need passive income on: September 16, 2020, 03:26:59 PM
What do you expect from bitcoin?

That is the first thing that you should be aware, bitcoin can't do anything. It is just a money or an asset, do you think gold can help you to pay your bills? I don't think so.

Passive income will be earned by hardwork, there is no instan way mate to get anything as you hope. Just find a place that will give you a passive income but also you need a hard work.
892  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are you going to buy into these high rising defi coins now? on: September 16, 2020, 03:04:20 PM
I'll never buy the coin which has increasing a lot, moreover the increasing price happened due to hype factor. Take a look with the situation at 2017 ago, where most of ICO's project were increasing but it was just takes a few months before the scam factor destroying the ICO's project.

It could happen now (it is just my prediction) and you should be carefull. Even, I use derivative market to short some DeFi's token that I think the coins have been overbought and it works too me. Because I never tried to buy the coin when the price is increasing, the chance for the price drop is widely open and the risk is very high.
893  Economy / Trading Discussion / Re: I'm thinking about trading. My name says it all. on: September 16, 2020, 02:54:22 PM
I use binance exchange for my daily trade, the platform has been trusted by most trader and also I like some improvement who did by the developer.

Actually, I'm still new to trade but I always find more information and learn many thing against it, but I suggest to learn it by book, it is more helpfull.

Also, you may have to choose the spot market first before the derivative market. It is more safe, although the coin that you bought is decreasing you can still hold it until you get profit.

894  Alternate cryptocurrencies / Speculation (Altcoins) / Re: impact of added new token in defi market? on: September 15, 2020, 03:15:45 PM
You can take a chance to gain a short term profit with this situation don't take for long term investment. We have at least faced three event until now, ICO, IEO and now DeFi project. Take a look with the privious event, are those two event has good potential for long term investment? Although it is depend on the project itself but most of them are nonsense right now.

895  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your HODL and favorite project on: September 15, 2020, 02:38:45 PM
I choose long term investment for bitcoin so I don't need to see those question as you mentioned.

But, when I choose an altcoin I'll search first the altcoin which a big event and the altcoin that has traded on the popular exchange, at least it will make me comfortable to still hold the altcoin until the event is end.

Holding an altcoin is more good for short term investment. Like this time, when the market and information has fulled by DeFi project, I'll choose some and I'll invest for short term investmebt
896  Bitcoin / Bitcoin Discussion / Re: The acceptance of cryptocurrency worldwide on: September 15, 2020, 02:32:07 PM
For the sending money purpose I don't think you need a government regulation. You can do it now as long as the reciever already know how to change bitcoin to money fiat. I've done this several times (actually I have more times to use altcoin) because I have a friend who study abroad, I suggest to his parent to using crypto currency rather than money fiat. I think the government will allowed it if they know using crypto currency is more efficient then their service. But, for the payment purpose I'm sure it needs more times, the government will have a thousands of reasons for the citizen to keep using money fiat.
897  Bitcoin / Bitcoin Discussion / Re: Is bitcoin difficult to understand on: September 13, 2020, 11:34:12 PM
Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
If they are diligent, there are a ton of article in google about bitcoin or crypto currency as whole. It is just they aren't interested to know more about bitcoin because they just because interested to gain profit in bitcoin with the short term pariode. This time is different with before the internet hadn't came, the people should find a book or newspaper to find an information but now you can have a thousand of book through your phone.
898  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is the prospect of BAT in 2020? on: September 13, 2020, 11:25:25 PM
Compared to BTC/ETH, BAT does not seem to have done well in last 9 months or so...
But at least BAT have the real function that can be seen by the user or new investor easily. Its browser can make its token has a high price in the future if they can make its browser be used by most people in this world, yeah at least they can compete the google browser.

Other than that, before bitcoin and all altcoin price crash a month later the movement in this coin is really promising. I have several time to gain profit when traded this coin with USDT, it means there will be many people who traded this coin and believe this coin have a good future.
899  Economy / Speculation / Re: Your plans for the coming bull on: September 13, 2020, 11:13:14 PM
The best way to trade a bull market is to buy altcoins instead, they can rally like crazy. This is the strategy that I have had for all the time that I have been involved with cryptocurrencies, So I accumulate more altcoins, sell some only when I see the bubble, and the inevitable correction of it. Largely now I am invested in high potential return altcoins like Ethereum, Monero, and ADA. Hopefully, in the next bull cycle, we see a less volatile in the market and many more people will be wise for their holdings.
There are some sign that bull will come, have you bought some altcoins? Especially ethereum, I believe this coin will have a high price in the future. The demand for this coin will be high since the DeFi project is booming, so I can predict that the privious all time high will passed at the end of this year, IMO.

I have collected some altcoins and just keep in my wallet I'll never sell the coin until the target price that I make is achieved. Take a look with the price movement right now, all the altcoin's prices movement have been volatile, when its price touch the lower price then we just need one week for the price touch its privious resistence, so it is the sign to me.
900  Economy / Speculation / Re: Crypto in Q3-Q4 2020. Hodl or use for purchases? on: September 13, 2020, 03:37:25 PM
In one side in order to crypto currency get mass adoption we need to use it as mean of payment. Maybe I'll use it when I found a coin where its fee for transaction is low and have a fast transaction proccess. We need to do that, I just thinking if crypto currency only use for an investment place only then we just need to wait that they aren't worth anymore.

There will be many crypto user who will sell the coin because they are aware that the coin doesn't have an intrinsic value, they only use as a speculation place where there is no one who having it. Also in another side, I hope that my country will legalized it as mean of payment soon. So as there will be many merchant who will accept crypto currency beside of money fiat.
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