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1  Other / Off-topic / Re: How to get rich on: May 11, 2024, 06:17:57 PM
"Does trading really work in the long term to be profitable?"

Yes, for a small % of people, they can win big long-term as traders. The estimates are ~ only 10 to 20% of people make money trading/investing and everyone else loses eventually. Does this scare you away, or tell you there is a ton of money to be made for the winners?


Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shiba Inu token, is there a future for this? on: April 19, 2024, 05:12:14 PM
You can have fun trading even if it never goes way up again: Shiba Inu (aka "Shib") is not a normal die and go away token. This one had such a big group buying it, there is no need to forget about it completely. Good traders don't need "The Moon", they need to close out winning trades.
3  Economy / Trading Discussion / Re: "Everyone" is all wrong about Bitcoin... on: March 20, 2024, 08:52:13 PM

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

No, Bitcoin is all about giving people a chance at economic freedom. Someday more people need to know this...
4  Bitcoin / Project Development / Is 100% Decentralized Funding For A Huge Multi-Seed, Multi-Season "TV Smash Hit on: October 05, 2023, 02:41:05 AM
Please note:: The first person, or foolish dummy, to say "Scam! Who The F@ck are you!" has no concept of the true meaning of 100% Decentralized Funding, thank you.

Question) Is 100% Decentralized Funding For A Huge Multi-Seed, Multi-Season "TV Smash Hit Show!" actually a new concept? WOW!
Standing there - as a simple statement - is it actually true? Has someone "suggested or tried" this before, or is the team we start in this thread the first ever?

Fact: ~5 0r 7 years ago there was a PBS/NBR Real-World episode about how the 5, 6 , or 7 biggest digital content providers are competing to spend "Mega-Billions USD" investing in new content creators. OK, so the time to get started is now!

Interested on not? Please, try to inform me as to why this is not a Great Idea for Starting Today!
5  Bitcoin / Bitcoin Discussion / Re: Bhutan's Secret Crypto Investments: A Game-Changing Strategy for Small Nations? on: June 11, 2023, 10:26:07 PM
Gross National Happiness Index!

OP I only had one single merit to give and you just got it.   Smiley
6  Bitcoin / Bitcoin Discussion / Re: Mark Cuban wants to buy more Bitcoins on: January 10, 2023, 09:08:34 PM
Mark is a known bitcoin/crypto investor. In fact, since Mark Cuban owns Dallas Mavericks, there was this news years ago about the team will start to accept payments in crypto for tickets related to Dallas, well this was in 2018.
(https://cointelegraph.com/news/nbas-dallas-mavericks-will-accept-bitcoin-for-tickets-mark-cuban-promises)
I don't know if that had came into reality since 5 years has passed but this has came from Mark himself.

Cuban is like a feather in the wind.


Mark Cuban says he’d rather ‘have bananas than bitcoin’ because they’re more useful

Published Fri, Oct 4 2019
https://www.c[Suspicious link removed]m/2019/10/04/mark-cuban-on-the-value-of-bitcoin.html

Billionaire Mark Cuban Is No Longer Excited About Crypto

Sep 8, 2022
https://www.thestreet.com/investing/cryptocurrency/billionaire-mark-cuban-says-crypto-is-missing-something

I hope none of you is investing because you saw Mark Cuban or Kevin O'leary speak about bitcoin.

Both Mark Cuban and Kevin O'leary are facing huge lawsuits for crypto investments they endorsed before going very badly. Cuban might need the profits from his new BTC to help clean up the older mess!
7  Bitcoin / Bitcoin Discussion / Re: $37,000,000 in Bitcoin (BTC) for Sale by US Government on: February 06, 2020, 05:03:41 PM
What is the point of bidding if you do it at market rate or above? For that you can simply go to an exchange...

If i had the money, i would do the same: Bid at lower price than market, else its pointless.

Slippage. That's the whole reason many go to OTC trades.

No way could you obtain several thousand BTC in one go without risking driving the market batty. You could try it over a few days but even then others may notice strong and sustained buying and raise their sells.

Paying slightly above market for a one time buy could save you money vs buying on the open market.

I love a good bargain, and your logic is solid during flat and Bull markets. In a bear market you can find plenty of bargains without help from the Feds.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Gold backed Tether coming. on: January 26, 2020, 12:51:42 AM
As ERC20 And TRC20.

Tell me about it.

100% either a scam or a misunderstanding since it is impossible to have a gold backed "Tether". Learn from history, have you ever heard of the "Liberty Dollar"? Warehouses full of gold get raided by the Feds. Simple conclusion: ERC20 and/or TRC20 backed by pure BS.
9  Other / Archival / Re: Is KYC benefit to crypto people or not on: November 16, 2019, 02:19:46 PM
Is KYC is benefit to crypto people or not. what are the advantages and disadvantages of doing KYC.

Universal money and Anonymous is the biggest strength of btc BTC, now every country follows KYC and then it can be controlled by someone.


Now KYC is trend in crypto market..... Cheesy

Both good and bad, it depends on what you are trying to do. For example, you can choose to deal with "heavily regulated" companies since there is less risk of them running away with the money. If you are an idealistic freedom seeker then the KYC/AML trend is not a good sign for the future. Please note, in a free market companies and individuals could be certified (and KYC'ed) by trusted independent authorities (i.e. similar to Consumer Reports), which eliminates the centralized Gov't control.
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