Not in particular. Comparing C-cex to Forex is like comparing cryptocurrencies to money. Both have different nature, processes and systems even if it involves one similar structure- which is the exchange of currencies. Another thing, can you please provide the article that you read about forex? Most traders that I know have yielded large amounts of income from forex since they applied various techniques and considered factors and theories that supported their decision when exchanging.


I agree. A large number of individuals utilize forex as a method of earning alternative income. The data that OP read stating that doing forex may be relative to an individual's experience, which is highly subjective and experience-based.

One thing you have to consider is that media shapes what the view of the country is. With the control and manipulation of media, individuals in the society can believe lies and fake news circulating in the country. With regards to cryptocurrency, media has played an integral function with its popularity and reputation. When bitcoin began its operation, people were skeptical about its system and few investors tried their luck with it. The price of bitcoin skyrocketed from ~$1 to $6,4000 with the help of media and some other factors as well.

Controlling media can be destructive not only with cryptocurrency but also to some other aspects as well. Government intervention or political motives can also affect its price depending upon the damage it caused in the market. If a country prohibits the utilization of bitcoin, it may affect the price of it on the market due to losing investors and affecting new ones that enter to it as well.

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People tend to complain when the market is down due to some reasons:
First, some investors have investment worth millions of dollars into the market. Not to mention, some investors are also the ones who have slight knowledge about cryptocurrencies in general since they only follow the hype caused by media.

Second, complaining is inevitable once their seems to be a market disruption caused by various factors, such as whales manipulating the prices, country announcements that prohibiting the usage of such, etc.; and

Third, most people that complain are the ones that have unsound mind on what is going on. The truth is, people who complain are also the ones who say that they should have invested when the prices were low and when its price suddenly skyrocketed.


I disagree. Investors who know that price drops are a typical scenario in the cryptocurrency world should know that. Rather than complaining, they take this as an opportunity to acquire more for future investments. People who generally complain about price drops are the ones who does not know the process involved in cryptocurrencies.

Well bitcoin may not be required for approval but it entails a lot of implications to it. If a country accepts the utlization and legalization of bitcoin, investors would consider investing on the said cryptocurrency, thus increasing its price on the market. Just to give you an example, when China announced that they will be prohibiting the creation of ICOs due to a number of abusers and scammers, the price of a bitcoin significantly dropped. Another example, when Japan mentioned in the media that they will be supporting bitcoin and its platforms as a form of alternative payment/currency, the price slowly regained its value.

Link: https://www.cnbc.com/2017/09/29/bitcoin-exchanges-officially-recognized-by-japan.html


I disagree. With the recent approval of countries of the utlization of bitcoin, it definitely has an impact regarding its price on the market- which attract new investors and retain old ones.

Value-Added Tax or VAT is considered to be a form of sales tax. The government imposes VAT only on services, physical goods, and barter exchange or lease of goods in a country. The question on whether or not your sales of bitcoins should be under the scope of VAT is out of the question as bitcoin does not seem to be a tangible product neither to be a form of service.
However, depending upon the laws stipulated in your country, cryptocurrencies in general may be subject to a special kind of tax specifically catering to that aspect only. It is still better that you make research or ask legal advices from lawyers in your country in order to avoid any conflict or anything whatsoever.

It is your duty and obligation to be aware of your current tax laws and that is why I heavily consider that you do your thorough research on the subject matter.

The year 2014, the price of bitcoin was playing around $650-$1,000 and it was very unstable due to various factors (such as: the shutting down of Mt. Gox and the uncertainty of China's government into banning bitcoin). What really separates bitcoin currently compared to the past years is the media and the number of investors inclined into investing. Most investors seem to take advantage of its volatile nature- which may give them a window of opportunity of earning large amounts of cash on a short amount of time compared to other investment tools present.

Personally, I doubt that bitcoin prices would fall to that price range but this will highly depend on the future circumstances and news regarding its legalization and status. In order to prevent our investments into losing its value further, our mission is to be fully updated on the news circulating regarding cryptocurrency, whether it involves prohibition or acceptance on a country.

Link: https://en.wikipedia.org/wiki/History_of_bitcoin#2014

Simply, because economics is the study of money. Economics involve the study of information about the market, theories, and techniques that revolve around profitability. Most users under this forum are interested into earning money and Economics help them into providing them the sufficient information and knowledge about trading, financing, business, and other processes relevant.

Personally, Economics help me in understanding the market situation happening. Every financial problem has its own specific problem and solution and Economics breaks the ice between them. Due to my background as a business student, it significantly helped me in determining the right method to use on my investments and decisions financially.


The development of a country heavily relies into its expenditures and tax- which happens to be inside the scope of Economics. Countries would develop and improve further when leaders have sufficient knowledge about the financing and business models. Basically, Economics fuels a country's progression by applying the right method and techniques in order for its country to innovate.

Let me just clarify, isn't the value of fiat determined by the number of gold reserves per country? From what I know, inflation is a factor in determining the value of fiat in the market by following the law of demand and supply. If hyperinflation occurs, then the value of the currency will deteriorate and cause destruction in the economy.
In the news provided, people are inclined to share their opinion into something but they must support their claims with facts. I remembered that even the world's successful investor (Warren Buffet) views bitcoin as nothing of value. These reports, however, can be taken with a grain of salt as the market shows the opposite effect from what they are saying.

I do agree but once all bitcoins are mined out (estimated year: 2140) bitcoin be subject to inflation. For inflation to occur, the demand of the currency must exceed the supply provided in the market. Since mining and creating bitcoin only halves itself every four (4) years, it will inevitably be scarce in the future.
Although bitcoin may be immune from inflation in the time being, it is preferred for investors to consider their investments for long-term as its value might skyrocket once its creation stops.
Lastly, that is primarily the reason on why people view investing into cryptocurrencies (bitcoin to be specific) as a legacy that can be passed from generation to generation.

I consider Ethereum as one of the altcoins who definitely has the potential of its value maturing in the future. Like what you mentioned, since ethereum has shown positive price increase despite being down from time-to-time, then give it some time. Price decreases are normal in the cryptocurrency world as its volatility and decentralized nature dictate its price. Though there may be some factors, those are primarily what makes its price controlled in the market.

I am really grateful for providing such in-depth guides for newbies regarding day trading. Many new traders seem to overestimate the risks and the process of day trading. It really involves complicated methods and you also need to posses the necessary skills in order to reduce the risk. But even someone who has no background of business or finance can be an expert to trading, given the right amount of discipline and guidance.

Just to add, whenever you trade your resources or coins, you must be ready for all outcomes. Treat your investments or coins as the money that you are willing to lose and you should observe the market frequently and smartly in order to make the rational decisions. Remember that trading can be very unpredictable and the result that you are expecting might be the opposite.

First and foremost, online gambling and gambling into casinos have their own advantages and disadvantages, but what makes online gambling unique are the following:

• CONVENIENCE - One unique advantage of online gambling casinos revolves around convenience of gamblers. It eliminates the need for gamblers to visit/attend casinos that is relatively hassle or difficult;
• ANONYMITY - Online gambling makes gamblers and users anonymous whenever they gamble. This prevents gamblers from showing their identity and keeping their reputation hidden and safer;
• RELATIVELY SIMPLER - Another unique advantage of online gambling is the transaction and processes are simpler compared to casinos. Some casinos have their respective rules and regulations which you are mandated to follow and to observe;
• CONTINUOUS BONUSES - Some online gambling sites provide bonuses to its users depending on the amount they deposit, which adds another advantage over casinos; and
• EASILY ACCESSIBLE - Since the internet contains billions of websites, it is easily accessible and less strict to access.

Although online gambling may seem to be advantageous over casinos, they also have their share of disadvantages which I think is out of the thread's scope. Before you gamble, make sure that you understand the risks that you are entering. Gambling in general may significantly affect your lifestyle and habits especially when one gets addicted to it. Gamble with your own risks and remember to have self-control and discipline to prevent future problems that may ultimately damage your wellbeing.

Just to clarify, any investment revolves around risk. The difference, however, is the amount of risk involved in the investment tool that you would like to pursue. To give you an example, other investment tools (such as: stocks, bonds, treasury bills, gold, real estate, etc.) have their respective government entity that regulates its transactions. Due to this, the risk involved into investing into such is lowered compared to cryptocurrencies. But what separates crypto into the others is the relationship between the risk and the yielding of income as it is considered as a 'high-risk, high-reward' type of investment.


Investing into cryptocurrency is a double-edged sword. With its high volatility and decentralized nature, investors take advantage of such nature to gain large amounts of income in a relatively shorter amount of time compared to other investment tools present. Though investing into cryptocurrency may give you the opportunity of earning big, the risk involved is larger.

This depends upon the goal of an investor on how he/she views the investment whether for short or long-term. I strictly follow my own rule, which is: Never sell your coins to a price below from what you acquired them.
Generally, most investors sell their bitcoins whenever they an opportunity rises- which for example when its price significantly increases/decreases due to its volatility. Currently, its price is sitting around $6,400 which may be the perfect opportunity to acquire more. Some investors might see this phenomenon as "catching a falling knife" but to some, it's an opportunity to earn more income in the future.

The value of bitcoin is driven by multiple factors in the market. I doubt that a revolutionary payment method which is powered by the blockchain technology would fall to a price around $100. No one actually knows but people should always look it on a positive-realistic view- which is to sell/acquire whenever they see a window of opportunity.

Let's say you have a gun inside your pocket and you entered inside a police precinct for an appointment or anything whatsoever. Even if your intention was innocent and you have no means of using your gun, you still violated the law (bringing firearms inside a police precinct) thus you are sanctioned with the necessary penalty- Malum Prohibitum.

There are clear and established rules regarding the utilization of merits and one of them is the prevention of abuse. Even if your intention was with good faith, you still violated the terms stated under the forum rules. Not to mention, giving 50 merits seems to be pretty shady and you have to prove your innocence with the moderators. Good luck!

It's like your applying negative reinforcement upon the newbies instead of actually rewarding them due to having good quality posts (which is the merit system). Given your proposal, newbies would tend to spam even more in order to get out of the 'newbie jail'.
I mean, when the merit system was implemented, a lot of users spammed and made similar threads in order to gain merit. Punishing them with a newbie jail system would only make the situations a lot worse since the merit system is actually taking into effect slowly.

Not to mention, the jail system would entail conflicts and its actual process may take into the opposite effect from what you stated.

I do not think that you understand the concept of 'investment'.
When you start to invest into something, you must have an actual goal towards it, whether you view it as short or long-term for its value to mature. Cryptocurrency, bitcoin to be specific, tends to have a high-volatile price due to many factors (such as: free from government regulation, media that attracts new investors each day, etc.) and investors have the prerogative of selling their investments whenever they reach to the point of profit. Again depending on the goal of an investor, selling bitcoin may be the right choice depending upon the circumstances on how you acquired them- never sell your investments to a price lower from what you acquired them.


It all boils down to the right time and opportunity when you are going to sell your coins. Like what I mentioned, the rule of thumb is that you should never sell your investments to a price lower from what you acquired them (exemptions- extreme circumstances that would require you to sell due to financial struggle, etc.). Depending on the goal of an investor, he/she may sell them if they see that the market is right or for long-term which you may hold for a while and sell it after 5-10 years.

Definitely yes but you have the obligation to research about its background and recognize its potential in the market in the future. Looking back, the price of bitcoin used to be ~1$. People took for granted its potential and use to the community- which some investors realized that bitcoin might be the next generation of transaction. Some altcoins present in the market have characteristics which are better than bitcoin's but what they need is exposure and time in order for its value to fruit and mature.


Investing into something that still has a relatively low value can be considered as an opportunity especially if its background is promising. Not to mention, investments like these tend to be the dark horses on the market as people tend to deviate and focus on what is famous- which is bitcoin in the cryptocurrency world.

How did you know that the assistance given by the government is insufficient? Do you have any articles, facts, news or evidences to support your argument? Another thing, the support given by the government comes into various manifestations, such as providing tax incentive/exemption, monetary assistance, monthly pension, etc. Providing bitcoin to PWDs would only complicate the matter as they are mandated to utilize an electronic wallet- which in some countries prohibit the use of bitcoin.
Before implementing such acts, countries around the world must unify and standardize that bitcoin would be utilized as an alternative form of payment or currency.


Take note that PWDs have various benefits provided by the government (relative to the country) and providing bitcoin as an incentive may give them the opportunity to earn but its volatility may only put them at risk. Instead of giving them bitcoins, the government may however, make it as an option to their incentives.