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1  Economy / Gambling discussion / What is the difference between binary option and gambling? on: August 24, 2019, 06:52:45 PM
I always measure gambling from the level of risk and reward and i do believe that, this is the reason why cryptocurrencies traders, binary option traders, and forex traders are been referred to as gamblers by those that did not know how there work, as it is possible to have your entire accounts wipe out if you take risk with all your funds and at the same time it is also possible to double or triple your funds by just small movement in you favour.
It is almost impossible to come out with profits in binary options and a lot of strategies are out there and I have tried many of them. One thing is very common and that is: the gambling companies keep making money and binary option websites owners are among millionaire in their countries. My question is that,  is binary options part of the gambling industry as it deals with betting?
2  Economy / Speculation / Bitcoin resume its' Bulish momentum after Bakkt Announcement! on: August 19, 2019, 02:20:40 PM
Bitcoin recovered from the bearish momentum last week after forming a hammer candlesticks formation on a 4 hour's chart.  The price bounce after touching the support level at $9,600! Since Friday after bakkt announced that by "September 23 it will launched it future trade" https://medium.com/bakkt-blog/cleared-to-launch-8dfc3e6f9ed0 and since then Bitcoin has gained over $1000. As at this morning bitcoin hit $10,760 resistance area and there is a probability that it might cross $11,000 before Wednesday this week. I am speculating a trigger of another bullish momentum that might create another high this year as the bakkt's announcement has taking the center of discussion all over the cryptocurrencies sites and blogs.
3  Economy / Trading Discussion / 50 moving average current resistance level that bitcoin most break. on: July 29, 2019, 03:37:40 PM
The 50 moving average has created a strong resistance level that bitcoin must break in other to resume at its bullish trend again. Bear will push price further down if bitcoin did not cross the 50ma on a daily charts, in the next three days, as the more it stays below 50ma the weaker it becomes. I do believe that the interest rate cutting may give bitcoin an upper edge against USD and bitcoin will cross that limitation in days to come.
4  Economy / Trading Discussion / What is the most important lesson you have learned in trading. on: July 20, 2019, 07:42:46 AM
I have been in forex and stock market for more than 10 years and I have learned a lot of things and I am trying to unlearn many things in other to focus on the one that works. Many people do keep a trading journal but I have never done that. I only write done my trading plan and strategies. In 2017, I came into cryptocurrency trading and tried to abandon the forex and stock trading and though there look similar I see some differences in stability and volatility. Cryptocurrency is volatile and in a few minutes, you can lose all your capital or miss a great opportunity.  the greatest thing I have learned is: when people are commenting "bitcoin is going to $20,00, bitcoin is hitting $50,000 before the end of the month! Be careful and sell because the market is about to reverse. If people started commenting that bitcoin is falling to $5500 or $3000" it means the time to buy and I have followed this simple strategy in trading and it seems the best investment strategy that follows professional's stocks investors trading principles. I will like you to share your stake on this so we can all learn.
5  Economy / Trading Discussion / Hedge Btc/Usdt on: July 06, 2019, 08:30:28 AM
I have been lately reviewing the price action using daily candlesticks formation in other to go into hedges between bitcoin/usdt. I have tested this and makes some profits and never lose any trade because the funds involved are for learning  purpose, therefore, I can endure for my position to be in profits before taking profits. I tried to google in other to bring more information for us hear as this is less ris compared to margin, holding and leverage trade but could not Find useful information. I will like to hear your views on hedges in BTC/USD and how profitable it is and how much you have made in the long run? 
6  Economy / Speculation / Taking profits but don't be afraid! on: May 17, 2019, 07:55:19 AM
I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately,  "this thought come into my mind, don't be afraid,  it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now,  better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
7  Economy / Speculation / Bitcoin on the way to $10,000 on: May 11, 2019, 08:14:21 AM
Bitcoin is witnessing the all time pump currently and it has gained over $500 since morning.  At the time of opening this thread it is around $6,801. I think we should get ready for $10,000 soonest.  I thought that we would be discussing $10,000 by November or December but currently it seems it might happen before end of this month or next month if the current momentum is sustained.  I hope this happened and I wish all the holdlers, happy profits!!!
8  Economy / Speculation / Now that bitcoin has crossed $6100, what are your thoughts? on: May 09, 2019, 09:26:48 AM
Many investors that put in funds when the market was appreciating in 2017 and has been disappointed because of what happened in 2018 specially when bitcoin fall below $3200 are now been optimistic about the market and some of them are coming back into the cryptocurrencies market.  New funds are coming in and that is why we are seeing market capitalization growing day by day. 
I will like to said that the pattern of the prices'movement in 2017 is repeating itself again and this year is seems to be another bullish year.  As a traders and cryptocurrencies enthusiast,  what are your thoughts about the current happening in bitcoin pricing and other cryptocurrencies?
9  Economy / Speculation / "RIP bear market" on: April 25, 2019, 05:19:26 PM
For some of us that has been following the events in cryptocurrencies market, I don't think there is any reason why the bearish trend should continue and that is why I am joining other cryptocurrencies enthusiasts to say "rest in peace bear market "(December 2017--December 2018). I am an investor and a trader and I see bitcoin going up from now till 2021. If you doubt me see when I predicted the current bullish trend and said the bearish trend is over https://bitcointalk.org/index.php?topic=5126004.msg50368970#msg50368970
 Remember that if you did not know how this market work? This is not an advice to invest but for those that are an experienced traders,  I think we should buy early before the institutional investors jump in!  Happy bull market to all of us!
10  Economy / Economics / Have you figured out what you are Investing in? on: April 19, 2019, 08:36:15 AM
The hyped in 2017 cause bitcoin and others cryptocurrencies to surged toward the end of the year and complete crashed back to the bottom in December 2018. Did people really know what they are investing in?  Is a question that keeps ringing in my mind and actually the answer to that question is that people follow the hype and forgot to  checked for reality before investing and this come from the testimony of those that has claim of making big profits or gain from the past surge that came into the cryptocurrencies market.
I think the red flag there is that people think of what they are going to get from their investments into cryptocurrencies more than the capital they have invested and as results when the reality done on them,  they began to sell out of panic and in turn the market clash like it happens through 2018.
Now that we have another opportunity to invest because of the down turned,  I do believe that it is good you look at the reality behind any coin you want to invest in and not the FUD,  manipulations,  FOMO and hype behind those coins.
11  Economy / Trading Discussion / Newbies that has interest in trading! on: April 17, 2019, 06:51:59 PM
Since we are all here to learn things about cryptocurrencies and to share ideas with each other on a way to increase our knowledge and revenues on how cryptocurrencies market work and how to make money from it, I think it is very important we understand some basic things about how the cryptocurrencies market works and where and how to rendering services for money,  selling products and trading coins in an exchange platforms as a newbies in this forum.
Of a truth I am among those that becomes rich through investing in cryptocurrencies in 2017 and I keep appreciate the ideas behind the whole things.  Having been trading forex,  commodities and stocks it was easy for me to diversified into cryptocurrencies trading and that is because I know how to interpret candlesticks formation and chart pattern and I learned all this without paying a dime from the followingsites : https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/
The only way to make money from internet and cryptocurrency in particular is to become skillfull in an area and if you want to be skillful in trading I will advices you to visit all this sites to learn the secret on how trading work as a newbies and form your own strategies.  Remember to demo trade first before putting really money.  I wish you join us at the top! 
12  Other / Off-topic / Can we ever have peace? on: April 13, 2019, 05:56:09 PM
Whenever I open any new's site I find it very difficult to  control myself because of the human inhuman to man.  I just read a story how a friend killed his childhood friend because of jealousy and it really break my heart.  We are having different news of killing and wars in almost all the countries of the world and it seems peace has been taking out of the earth!  Will this killing and wars continue,  how long will it last or has it becomes human nature too, Why can't we love one another and when will the original love return on earth?
It seems we are going  to have Peace in future as many of us having believe in different religions but this question keep ringing in my heart "should we wait for one God to give us peace which is possible for human being to live in peace".
13  Economy / Speculation / Bitcoin and Bitcoin cash having nices days! on: April 03, 2019, 02:26:29 PM
Bitcoin has just crossed $5000 and bitcoin cash has recovered significantly and it is currently trading around $280.  I think we the lovers of bullish trend like what is happening now in cryptocurrencies market.  I just refresh https://coinmarketcap.com and almost all the coins in the first page are in green and litecoin has making gain of over 25%! I think 2019 is going to be a bullish year because that is the same process that happened in 2015 and 2017. April was when price changes directions in those years and I think the samething is happening again.  Goodluck to all the cryptocurrencies holders.
14  Economy / Trading Discussion / Here we are! lovers' of bullish trend. on: March 29, 2019, 05:28:21 PM
From the look of things it seemed the bullish trend has commenced and most of the langing indicators are showing uptrend signal. I am a lover of bullish trend and I do wish the market keep going upwards with a little reset along the ways and I do believe that we all has the desire of seeing bitcoin and cryptocurrencies market be in good condition.
The bearish trend that commenced in December around 15, 2017 seem to be over and now we are awaiting another bull run that may create another pathways that we have never seeing before. My desired is that all the cryptocurrencies holders and enthusiast become millionaires, billionaires and the leaders of the world financial system.
15  Economy / Speculation / This has happened in the past! on: March 19, 2019, 07:05:16 PM
I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again.  If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. 
Keep holding and the future is for you!
16  Economy / Speculation / Will bitcoin remain above $4000 this time around? on: March 16, 2019, 09:35:00 AM
Since December last year that bitcoin fall below $4000 it has make several move of crossing above $4000 and it always get dumped after few days. I think a strong resistance has been created a little above $4000  and that is why we have not see a good recovery after this bear market.  As at this moment bitcoin is trading around $4,052 across most of the popular exchange and my question is will bitcoin get below $4000 again or it is on the part to break the resistance level that has been pushing it backward?
17  Economy / Economics / Acceptance of bitcoin as payment! on: March 06, 2019, 12:40:16 PM
I have not read bitcoin's whitepaper but from the little understanding I have I think bitcoin was developed to be use as a mode of payment for goods and services? It was for a transactionary purposes and not as the way we are using it now as a way of making profits by buy them and hold or sell Them whenever we think it has appreciated in pricing!
I believe for bitcoin to grow it purposes must be well explain to the populace as they are the one that needs it in transactions and that is why the more people that know about it an it primarily uses of p2p the better bitcoin become.  We must promote it with the aim of bringing more people especially business people to start adopting bitcoin for they business.  Bitcoin should also be stable in pricing because it will be very difficult for retailers and wholesalers business to use it if it is unstable.
Finally I will like to get your opinion on this as this will help the mind of many of us here about this great technologies.
18  Economy / Service Discussion / The sites that pay bitcoin for reviewing products? on: February 12, 2019, 04:45:10 PM
I have been searching online and using Google to look for this information.  In case there are some sites out there that pay one bitcoin for reviewing products? I have been doing that before but I have relocated to an area were I can't review products for money through PayPal. Now that I need to be getting my payment of working online through bitcoin I will really appreciate if anybody can help me with any useful information.
19  Alternate cryptocurrencies / Altcoin Discussion / Ethereum over take ripple again in market capitalization! on: February 11, 2019, 05:23:44 PM
Ethereum is making some surprises move and it has over take ripple again in terms of market capitalization.  It is also good for ethereum hodl as the downward trend seems to affect ethereum more than any other coins in the market.  Ethereum was having a very large market capitalization before and it has never been competition with ripple throughout 2017 were we have great bullish trend but since last year it started to compete with ripple. It is currently around $121 and has made +2% today. 
20  Alternate cryptocurrencies / Speculation (Altcoins) / Don't be discouraged, things are going to change! on: January 28, 2019, 07:12:10 PM
For some of us that has invested into some kind of icos and cryptocurrencies market generally are at the losing end now and many are discourage about the market performance.  I believe that if you invest into any altcoins and icos in 2017 and you did not sell then your investments should all be in red right now.  Speculators has tried to encourage us that we should keep investing and the future holds great price upwards movement for us.  I think we should not ignore their advice as cryptocurrencies market is going to recover and it will resume it upwards movement again when ETF is approve.  Don't be discouraged , keep hope with the market as I also do.
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