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521  Economy / Speculation / Re: The Crypto Bull Run is Here! on: February 13, 2020, 06:08:39 AM
Again the same thing. It costs Bitcoin to grow by $ 500 or $ 1,000, as people immediately appear screaming at every step that the bull race has begun. I see no reason for such high-profile statements.
The crypto market has repeatedly shown itself in an absolutely unpredictable way. We can only say that the bull race has started post factum when we see real growth in prices of a significant scale.
I can’t call the current growth bullish or some kind of over-intense, everything happens within fairly standard models, it is possible that in the near future we will see a correction that will put all the upstarts in place.


And when it drops for the same difference people are crying that we are going to zero! Yes, it can be said like that, again the same thing, over and over again/. Significant rise will happen one day, but not before the halving, so this is just a regular price volatility in my opinion. I'm not sure that we are heading to 15k, in my humble opinion price will go under 10k again in some short period of time, I have my sell orders ready at this price and up to 11k, in my opinion that's the highest price mark we will see in this rise.
They becoming hype and it is the reason why they keep worrying even there is only pullbacks that happen. Expecting too much can affect our mentality, yes it is currently a bull run but we should remember that there is a market lifecycle whetre there is no forever bull run and bearish trend. Always prepare for the worst because we can never know when the uptrend will come to end.
522  Economy / Gambling discussion / Re: Which is easier, stop when you are winning or stop when you are losing? on: February 13, 2020, 12:49:13 AM
It is hard to decide which is easier to stop because I also experienced the two but for me it is gard to stop when I losing. There is a psychological factor that pushes me to play more even my losses is now huge. It is the greed that forcing me to gamble my money in order to regain my losses. But I have now good risk and management where I have specific cut loss in order to lessen the risks. I can now also fully control my emotions and specially my greed.
523  Economy / Trading Discussion / Re: What are the most useful crypto trading bots? on: February 12, 2020, 08:28:38 AM
I have never trusted such services, or rather, the only kind of bots that I trust are those bots that help speed up operations on the exchange, but all decisions are made by the person himself.
All other bots are not reliable enough. I prefer myself to be responsible for making my decisions in trading than I hope that some bot has finally appeared that will help me earn a lot of money.
That its creators are so generous that they decided to share a similar tool because of their spiritual kindness and a desire to help people for a small fee.

Bots is really just for automation but most people specially noobs do really treat it differently which they do believe that these things can generate income or profit on them.
Sooner or later they would realize that those expectations are wrong when they do already tried it out.Manual trading is preferable but there are circumstances that you would
really be far away from keyboard (afk) and this is the time where bots do work.They do execute orders according on what the user had set out.
One example is https://www.gunbot.com/ pretty common bot used by people.
I tried to use that bot before but it doesn't have good effect in my trading portfolio. I already stopped using it and I will only rely on my own decisions. The reason why I decide to use trading bots before is because of my poor time management where I only allocating few hours everyday in trading. But now my focus is trading and that is why it is better if I will decide on my own than to use trading bots.
524  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coins do you Hold ? on: February 12, 2020, 07:20:43 AM
Right now, I have 3 potential coins in my portfolio. I only do holding when the market is uptrend. The 40% of my fund is in Bitcoin, the 30% is in Ethereum and the other 30% is in BNB. I plan to sell it when I saw a sign of reversal or if the momentum decline. I do not hold worthless altcoins because I will be vulnerable to losses. For those who want to hold make sure that the trend is bullish for you to lessen the risks.
525  Economy / Speculation / Re: BTC is back with a bang. on: February 12, 2020, 02:30:39 AM
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Guys Just hold your BTC and wait till is year end I personally feel like it will skyrocket again as most of the analyst predict this year will be a brightest year for Bitcoin, hopefully happy days will be back again.

Yeah if you are strong holding bitcoin for a long time until the end of the year then you will get a big profit because indeed this is an exciting year to face halving and continue with a pretty good rise in bitcoin.
But we need to analyze the movements to keep going in the direction of the BTC going and we don't panic what happens after that is still strong to continue to hold the BTC.
How are you sure that if we hold bitcoin we will earn profit until the end of the year? Maybe it is just a short term uptrend where it can snaps anytime. We shouls think short term and not long term. Right now there is a pullback that happen but the support of bitcoin is so strong where there is no breakdown that happen. We should not speculate too much and we should focus on price actions.
526  Economy / Gambling discussion / Re: Leave gambling, if it destroys you. on: February 12, 2020, 01:33:45 AM
Wealth and fortunes can be made in gambling but both wealth and fortunes can be also lost in gambling. There are people who see gambling as bad but for me it only became bad if you got addicted to it. I'm a type of gambler who have control over myself where I can decide what is right and wrong. Gambling cannot destory your life if you have control over your emotions, skills and risk management are also factor that can lead to sucess in gambling.
527  Bitcoin / Bitcoin Discussion / Re: Bitcoin can save some people's lives :-> on: February 11, 2020, 06:41:11 AM
This is why online payment is much more better than physical payment.
We don't know how much virus or germs does one coin or paper money have since there are so many people who already touch it.
We couldn't know if some ill people have touch it before and their virus could be transmitted by it.
Online payment system is good and have a lot of advantages, people in Wuhan can prevent spreading virus by using digital payment system than using traditional payment system which is fiat money where the virus can spread through the use of it. I also read anarticle about it where people of Wuhan are now prefer to use digital oayment system for their safety and health concern, poor payment system is also a matter and it can solve by the use of online payment system.
528  Alternate cryptocurrencies / Altcoin Discussion / Re: Why most of ALTCOINS are dead or worthless? on: February 11, 2020, 03:21:28 AM
There are altcoins that are not patronizing by investors because of the common traits and features. Most of the investors are patronizing altcoins that have good and unique characteristics. I do not buy altcoins that are not popular because it only means that the traded value is very low. The altcoins are mostly dying because of the low support from the community, if we will buy altcoins we should make sure that it has high volume and the liquidity is also high.
529  Economy / Trading Discussion / Re: Are crypto advisers worth to be looking for? on: February 11, 2020, 02:21:21 AM
There's plenty of detailed paid courses and such out there that can help you learn more about trading, but most of them do not go very far outside of what you can learn with free materials available on the internet oriented both towards crypto trading and not towards crypto trading that do the same thing in a different format. Many of the things you learn in trading cryptocurrencies also apply to a certain degree in other more traditional markets, though you'll need to adapt if you change from trading crypto to another market.

That doesn't mean there aren't good people on Twitter and other social media platforms to follow with information about crypto trading. It's just unfortunate that the vast majority of people on those platforms overstate their profits, hide their losses or more.
We should be resourceful mate, I have learning modules that I get for free. You do not need to find a crypto adviser or mentor for you to learn how to trade. Majority of the professional trader are self taught where they learn trading by themselves. There is also disadvantages in finding mentor because there are only few legit mentor who teaching the students right knowledge and information. Avoid those mentor who self proclaimed experts because for sure he will teach garbage information.
530  Local / Pilipinas / Re: Bakit ang KYC ay lubhang nakakatakot at walang silbi (hindi maaasahan) on: February 11, 2020, 01:01:09 AM
Wala tayong idea kung saan nga ba napupuntabyung mga inuupload nating mga IDs para sa KYC verification, dati pa lang ay umiiwas na ako sa pagsali sa mga campaigns na nirerequired ang KYC verification dahil nakakasalalay dito yung kaligtasan ng aking sarili. Mahirap na kapag binebenta pala yung mga identities natin sa internet. Kung gusto mo talagang ma guarantee na maging safety ang iyong identity then umiwas sa mga campaigns or projects na nirerequired ang iyong ID verification.
531  Economy / Gambling discussion / Re: Gambling Addiction Can Seriously Diminish The Quality Of Your Life. on: February 11, 2020, 12:00:43 AM

Not sure why you felt the need to bump a four year old thread in order to post this.

If your husband had an issue, then it's not his fault you guys had no money to buy food, he should never have been allowed to access your money in the first place.

What's the name of the free rehab clinic though? A huge people need that service around here.
I shared my story in the hope someone will understand it is realluy possible to overcome addiction.
Speaking about the name of the clinic, I edited my post and added a link there.
I can actually relate to your situation as I will share a story of my own. So, basically my neighbor was into gambling not bitcoins but just gambling in real life like betting with people, drinking alcohol and getting late to the house and abusing her wife. We as neighbors knew what was going on but none of us actually cared too much because of this abrasive and rough behavior.

Now, the lady his wife decided she had too much and she actually left him once forever, the guy got even bigger in debts and almost got to begging for money. Somehow his brother who was living in other city came and got him to a rehab center and you won't believe he now lives with his wife (the old one came back Wink and he is much happier now.

Moral : Some addictions needs to be treated properly and professionally.
It is the bad sides of addiction where you do gambling where you do not have control in yourself anymore and you also have different vices. I became addicted in gambling both online and in real life, yes it became one of the hardest challenges in my life but now I'm here where I overcome the addiction. It can really diminish your life if you have doesn't control anymore in your emotions and feelings. For those who still stuck in addiction, seeking professional advices may help.
532  Bitcoin / Bitcoin Discussion / Re: Bitcoin is better than your bank! on: February 10, 2020, 05:03:38 AM
We cannot force someone to just invest in bitcoin than to save in banks. It is not their fault I think because they focus to save money than to invest and that is why they prefer to store their money in banks to invest it in bitcoin. They are not trained to see opportunities and that is why they still prefer to put their money in banks even they only getting negative interest rates. We cannot convince someone to put money in bitcoin because there are always a risks and they can lose their fund their if they do not have enough knowledge about it.
533  Alternate cryptocurrencies / Altcoin Discussion / Re: Will binance reach $23 as per experts prediction? on: February 10, 2020, 03:46:58 AM
It seems like that the price prediction of the experts regarding the price of Binance (BNB) have come true because as of the moment that I have last checked its price, its current price is at $23 which means that there is a suddem movement on the price whicj makes a progressive movement making the price to increase. Well, there is really nothing possible for a certain coin to reach or meet any price prediction as long as it is active and the crowd is making such actions to increase the demand volume and price trade of that certain coin, then the prediction can happen in no time.
The BNB coin reached $23 per each yesterday but there is a resistance and that is why the candle right now is red. The prediction of the experts came true but still do not rely on predictions too much because not all of predictions are becoming true. I bought a BNB coin not because of predictions but because its price breakout in its resistance.
534  Economy / Trading Discussion / Re: Bull and bear market. on: February 10, 2020, 02:09:22 AM
Chances are you can make more money in a bull market. But if a person has trading experience and a clear strategy, then he can earn no less in a falling market. Especially good is the trader who conducts constantly active trading in both short and long.
There might be equal chances to make money in both of the market directions but you always need to be a versatile trader otherwise unlike you mentioned the more chances in bull market cannot be possible. But, I agree cryptos are known for holding to make easy money which means you never need to be an active trader to make money but during bull market all you need to do is simply buying and holding.

Bull market is the preferred one for crypto people as we are all following holding way of trading. It became possible due to the reason of cryptos are in early stages and still unfolding its potential slowly to its investors.
The idea of hodl is only applicable when the market is in uptrend. There are market cycle and it consists of uptrend, downtrend and non-trend or the sideways. When the trend is uptrend, we will see higher highs and higher lows where the price is continuing to increase and it is the best time to hold cryptocurrencies. I do not know why there are posts that saying continue to hold even if the market is bearish where the selling pressure is high and the price is gradually decreasing.
535  Economy / Economics / Re: Did I Miss Something?... on: February 10, 2020, 01:09:10 AM
https://g.co/kgs/DjhD3Y
As usual any thoughts or comments are more than welcome.

As a company,Tesla still isn't profitable,their cars are still too expensive(even with tax breaks) and Tesla's Gigafactory(their battery factory) isn't completed yet,AFAIK.With that being sad,I think that Tesla stocks are in the middle of a price bubble,I can't understand all the hype around Tesla,despite all the "not-so-good" results this company has.Their stocks really look like an altcoin now and the price crash will be inevitable. Grin
I think it is not a bubble, the gap up of the Tesla proves that there are many people who willing to buy the stocks. The price did not breakdown after the gap up and it is a good sign of healthy market. There is also a psychological support that can be considered as major support at $700. If the price did not breakdown then the buyers are still in control but we shouls not expect that it will go up more because the RSI is now indicating that the price is now overbought area where the pullbacks are happening.
It is true that the price of tesla gap up when the market opens on Feb 04,2020 but the wick is so long that indicating that there is a major resistance near $1000. At the second day, the price reset at its support and the body of the candle is a long red that indicating that the sellers overcome the buyers. It is not a bubble I think because there i no parabolic moves that happen. And also look at the volume because it only indicating that there are many traders who willing to buy and sell TSLA.
536  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: February 10, 2020, 12:07:17 AM
It is not good to talk about your winnings or your big gains in gambling because other people might have an intention to rob you, that is why it is much better if you kept all of your winnings as a secret even it all happened for a very long time because other people will assume that you are insanely rich.
Aside from the tendencies of getting robbed, the main reason why we should't brag our earnings is to keep ourselves low key. Bragging what you've got in life is not a good trait because it can create envy between one another. Just humble yourself always, if you are not being asked then remain silent but if you do then don't give numbers at least Cheesy.
There's no need to share your excitement if you wanted to stay low. Bringing this things up will not result any good thing to you, It should be kept
by your own and enjoy everything that you've got. All the luxuries are open for you to spend your money so why do you need to tell anyone as it's
only be creating threats to your life.
It is better to keep in ourselves than to boast that we win big in other people. Even if I win big, I only keeping it in myself because I'm used to it. I'm a person who loves secrets and that is why I do not like sharing specially when it all about gambling and money. There is bad effect in our psychology if we keep boasting about the big gains. It is better to be humble always because it is a trait of a good gambler.
537  Economy / Trading Discussion / Re: How to read trading charts? on: February 09, 2020, 07:16:07 AM
I am not good with it, to be honest, but I can suggest you this site.

https://www.tradeciety.com/the-basics-of-chart-reading/

I asked my friend about the candles they are talking about in the past since I am so left out when they talk about the price charts in the past. At that time we usually hang out and they would have this conversation where they would talk about the movements at the chart and they have this name for that. They just laughed at me and suggested this site to read for a start. I have some photos of the patterns of the candlestick chart, the same as Renko charts and point and figure charts.


It is important to learn as much as we can about that subject, even if you do not want to be a trader and you are an investor you can still use the charts to know the overall direction of the market and know if you are going to obtain profits or if you are going to face some difficult months and you will need to prepare yourself mentally for that, so even if you are an investor you can easily see that you can get  some important benefits from learning this subject.
Able to read chart is one of the most important skill in trading because you will never know the price without reading it. I'm self taught trader which means I do not have mentor, I just finding information all of the internet. Most of the charts are consist of candle stick to easily interpret the part. Reading candlestick will be tricky at first but you can able to understand over time. It have 4 parts which is the open,close, high and low. If we have skill to read charts then we can form decisions that will can benefit us.
538  Local / Others (Pilipinas) / Re: Millionnaire mind : Paano Yumaman? on: February 09, 2020, 04:07:04 AM
Maaari bang malamang kung ano ang negosyo ng kapatid mo?
Cellphone repair shop may accessories at printing din, nag start sya year 2008.

Nung nagsisimula pa lang sya maliit lang ang pwesto nya hanggang sa napalago nya yun. Kahit kasi di sya nkapag aral mahilig sya mag kutingting ng mga bagay bagay, actually kaya nya rin mag ayos ng appliances, so tingin ko dahil sa skills at diskarte nya kaya sya umasenso.




Wala talaga sa pinagaralan ang kapalaran ng isang tao, kung pursigido ka matupad mga pangarap mo, I’m sure matutupad mo yun at makakamit mo. Don’t focus too much on your destination make it just your inspiration and focus on the process and kung paano mo maachieve yang goal mo. Mahirap maging millionaryo pero kapag andun kana sa level na yun mas mahirap mag stay as a millionaire. Maging masipag, at maging madiskarte sa buhay and syempre live within your means lang wag maging magastos sa mga hinde mahahalagang bagay.
Ang iba kasi sinasabi na mag aral ng mabuti sa school para yumaman pero sa totong buhay minsan lang nangyayari yun. Sabi nga ni robert kiyosaki "college degree is important but it doesn't teach on how to become a entrepreneur". Kung gusto mong yumaman then learn from the real world. Experience and knowledge can help us to build wealth and empire. Sa ngayon dinidisplina ko na din sarili ko at inimprove ko ang financial intelligence ko.
539  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin Cash A Better Crypto To Invest? on: February 09, 2020, 02:36:00 AM
Do some research! Most of the advice here will say buy low and sell high or buy no then hodl, you cannot get right answer that you can rely on. I'm not a guru but you should only invest if you know what you are doing. If someone said to you that bitcoin cash is really good investment and forcing you to make investment, will you put your money? If I'm in your feet I will not do it, there are people who are relying their decisions on others that makes them vulnerable to losses. I do not like predictions and speculations because of the unrealistic expectations. I just saying that do your own research before buy bitcoin cash. Be careful because all of the investments have risks after all.
540  Bitcoin / Bitcoin Discussion / Re: Invest Crypto on: February 09, 2020, 01:35:22 AM
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

Definitely there's no answer to your question if you are to ask me. Many have invested into Bitcoin and have given positive feedback while others have negative feedback, so, this investment depends on each individual who's involve in the investment. Personally, if you aren't sure of Bitcoin investment due to it volatility, then don't invest and if you must invest, "invest what you can afford to loose".
Investing requires financial IQ and knowledge, you cannot just put money on it without prior knowledge about what it is. There are people who are losing money in the market because they do not how market works. They are just investing because they are hoping to increase it in just short period of time. It is not like that, we should change our mindset before investing. In order to grow out investment, we should first protect our fund my improving our risk and management.
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