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1261  Local / Pilipinas / Re: Pagbabayad ng buwis gamit ang bitcoin on: February 06, 2020, 03:19:05 PM
Sa ating bansang Pilipinas maaari din kayang makatiwalaan ng gobyerno ang bitcoin o kayang gamitin sa  mga government transactions or services tulad na lamang ng nangyari sa Switzerland?

Not totally na pagkatiwalaan ang bitcoin, but practically na gamitin ang makabagong technolohiya as a sort of payment methods. Yes, it is might probably be able if our government sees it useful at kung gusto nila i-expand ang paggamit ng cryptocurrency or bitcoin saating bansa. Overall, agree ako(we all bitcoiners agree Cheesy)

Less hassle ika nga if gagamitin mo ang bitcoin mo sa pagbabayad ng buwis, kahit hindi buwis kung pwede nga ay kahit pati ang mga bayarin sa bahay. Mas mabilis at less hassle na hindi ka na pupunta sa ganitong lugar. Basta may dala ka lang na cellphone, okay na agad. Pero hindi kaya nagkakaroon ng problema don? Kunwari ay makakaltasan ka nalang bigla dahil nga digital ito, nagkakaroon parin ito ng mga errors. Paano kung kusang nangyare yon tapos nawalan ka ng pera? Marerecover mo pa kaya yung perang nawala sayo? Maganda ang paggamit ng digital currency, pero hindi sya 100% na hindi magkakaroon ng error. Saka dito sa bansa natin wala naman silang pake tungkol sa bitcoin di tulad ng ibang bansa na regular na ang paggamit ng bitcoin. Kelan kaya uunlad tong bansa natin?
1262  Economy / Gambling discussion / Re: [Boxing] Lomachenko vs. Teofimo Lopez Lightweight Unification fight on: February 06, 2020, 02:39:53 PM
Well, this will be a thrilling fight between those two boxing fighters. But I am in favor of Lopez because he is young and probably hunger for this fight. At the age of 22, at this age usually, fighters have strength but dont have a strategy. I hope the odd will go with Lopez and this young fighter will win this match. Indeed, there are too many instances that Loma will have a chance.

I'll go with Lopez, he is not just hunger, he is really strong and can dominate who ever his opponent is. He already proved something for us and no one can ever deny that because of his record of that is undefeated. He had the IBF lightweight title and I think that he can defend that for about 6 times against his opponents because there is no other lightweight division fighter that can oust him from being a title holder. In some cases, although he was defeated in a summer olympics, that doesn't matter when it comes to a real boxing match. As you can see in his highlights, his punches are quick and strong for his body composition and I can see that Lomachenko will be knocked out by Lopez. But it depends, Lomachenko is also a good fighter but he's lucky if he can stay until round 12.
1263  Economy / Trading Discussion / Re: Suggest me to invest in Bitcoin Online Trading on: February 06, 2020, 01:57:13 PM
Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss  Cry now i want to restart the things again with around $ 1000. so please suggest.




Regards,
Ahsan

Go with BTC and you cant go wrong with that or stick with top alts but all would be the same where you would still end up on holding for months or even years yet the market is always been unpredictable.No one knows on where it would go on a matter of specific of time.
When you arent sure on trading then you do just simply hold and dont rush up.

When you invest in BTC, try to use Binance as a trading app. Binance has a massive volume because people prefer to use it as it has good features that a beginner will easily understand. As BTC is volatile in the market, it is hard to make profit immediately. In cryptocurrency, you should practice your technical analysis, patience and self-discipline for you to have a much better profit when you trade in a right time. Binance has a high speed transaction and high liquidity so people will easy to learn and it is user-friendly. All coins are covered by Binance so no matter what coin you're handling they can manage it, it is very flexible not like the other trading platform. Lastly, it has a low cost of fees compared to other exchanges.
1264  Bitcoin / Bitcoin Discussion / Re: Bitcoins Regularization in Different Countries on: February 06, 2020, 10:23:41 AM
There’s a big chance for bitcoin and cryptocurrency to be legalized in my country since our government starting to create a committee that will handle this one and BSP approved so many exchanges to legally operate in the Philippines. There’s a big chance that most of the country will do the same thing, though of course some will not because they’re still afraid to let their people decide on their own especially on choosing the best currency for them.

Here in our country, the government doesn't care about cryptocurrency. They aren't knowledgeable about on what we call blockchain technology, so they aren't prioritizing this kind of things. Bitcoin really does help a country a lot in its economic state so most of the countries in Asia are very mindful about this cryptocurrency. Some countries in Asia are against crypto but some are already regularizing it, like Malaysia, Singapore, Japan and etc. The country that I knew against bitcoin is China, although it is a big and well grown country but they have communist type of government so they don't want their people to become successful and independent. They always take some part on their people's income and money. If somehow bitcoin, legalized here in our country, I think that it will help us lessen the poverty in some part, not literally but if people take risk using bitcoin. It will be for the benefit of all people.
1265  Local / Pilipinas / Re: Ano ang iyong nabili gamit ang iyong Crypto? on: February 05, 2020, 03:50:02 PM

bounty campaign are more profitable than signature campaign.
Is signature campaign not consider as bounty campaign?

I'm referring to signature campaign that pays in BTC, bounty campaigns includes different campaign like signature, twitter, or FB, linkedin, etch.
So to easily understood the difference, we call it signature campaign or bounty campaign, just my definition, sorry for the confusion.




The biggest accomplishment in crypo bounty hunting maybe is when you build your own house and bought a car.

Anyone here already achieve this?

Medyo malabo pa sa ngayon yang ganyang sitwasyon, before bounty hunter din ako at may mga campaign akong nasalihan at syempre kapag natapos na at nabilang na lahat ng stakes pwede mo ng macompute yung value na pwede mong makuha yun lang ang masakit medyo paasa its either mabayadan ka at malayo ang presyo o hindi ka na mabayadan. Madami siguro dto satin na madami ng nabili kung nababayadan lang ang mga bounty na nasalihan natin.

Kung tutuusin matagal pa ulit bago mangyare ulit yung pagtaas ng presyo ng bitcoin noong 2017, sobrang taas ng itinaas nya kumpara mo sa presyo nya ngayon na hindi man lang gumagalaw. Ngayon kasi talagang maghihintay ka talaga kung kelan ulit tataas, napakahirap naman magpredict dahil wala talagang kasiguraduhan. Naalala ko noong bumili ako ng bahay at lupa sa katas ng bitcoin, natulungan ko pamilya ko. Nagulat din sila na nagawa kong bumili ng ganong bagay eh nagaaral palang naman ako. Kung iisipin mo sino nga naman ang di magugulat na sa murang edad nabigyan mo yung mga magulang mo ng ganung regalo diba? Kaya sana kung tumaas ulit ang bitcoin, maglalaan naman ako para sa sarili ko, maaaring kotse o kung ano man na magustuhan ko. Pero ngayon need nalang muna natin maghintay, maging kalmado, at maging alerto sa kung sakaling paggalaw ng presyo ng bitcoin.
1266  Other / Archival / Re: Ever played at any of these casinos? on: February 05, 2020, 03:18:04 PM
Just checked your list and was stunned to see 1xbit so high in the rankings. Remove it or place it down the rankings since they are a shady, scammy site who has been stealing customer money from a long period of time now.

Fortunejack is a decent site though they have several problems of their own which is why I would definitely not place them in 1st position. Sites like Crypto-games, Bitsler, Stake, Primedice etc deserve to take the top places. Upcoming sites like Wolf.bet and Mintdice should also be added to this list in my opinion.

Yes, Fortunejack is really suitable for those people who prefer to gamble comfortably and confidently. It has a lot of features that some casinos don't have, like an easy withdrawal, but some people reports a minor problem about it. But that's when the good quality of service of FortuneJack comes in. They really fix the errors or the problem immediately so the people will not hassle themselves and they will just continue to use the said casinos. People really enjoy playing there because some casinos have very bad services that most people doesn't like. Mostly, some casinos like Wolf.bet and Stake doesn't have that speed in fixing their errors in their casino so that they aren't possible to reach the top casino in my point of view based on my experience.
1267  Economy / Economics / Re: The Future Crypto Market & China Printing Money on: February 05, 2020, 01:36:06 PM
Well in another post I was wondering how China seems to be in some cases so anti bitcoin but they are usually the top mining pools in the world. What do you make out of that?
That's the difference between the government and its citizens.  It's not China's government that's mining bitcoin; it's the people.

China having an anti-Bitcoin stance is all about preserving the status quo especially when their Government are somewhat threatened by this emerging technology since the ruling party wants to hold on to their power as long as they can. Imho.

China is an antibitcoin country because they have communist type of government. They don't want their people to become rich, they don't want their people to overcome their poverty. They want to prove that government is the superior and not the people so the people don't have the rights to literally own anything. That's why they want to create their own cryptocurrency and not adopt the typical and know cryptocurrency around the world. They want to isolate their country in a global economy so they create their own source of money. As they control their people, they can also manipulate the cryptocurrency to directly go to the government asset and people only receive salary and not the crypto. So unfair to their market.
1268  Bitcoin / Bitcoin Discussion / Re: What has bitcoin done for you? on: February 05, 2020, 06:06:31 AM
-snip- I learned about Bitcoin when I was a kid, -snip-
You learned it when you were a kid? So, how old are you now? I guess you are still a teenager now. And it is very interesting to know that a teenager can get extra income from the Bitcoin business.

Regarding me, trading and investing in Bitcoin have become the routine side jobs in my life. I can get enough extra income from these jobs. Even, sometimes the income from trading and investing in Bitcoin can be higher than my real-life job.  Smiley   
Maybe he just exaggerated in that aspect wherein he pointed out the time he learned about Bitcoin. Going back to Bitcoin's profitability, it is a good source of income but it cannit be the main source of income to MOST of the people. There are people who primarily get their income in crypto but since there are changes with regards to the market value movement, it is only good as a sidejob and not a primary job, in my opinion. I do also earn profit from campaigns and sometimes, trading.

It means that it is still a priority, if you really love what you're doing no matter what it is. As well as you enjoy and earn money, continue doing that. As you don't harm any other people, continue your passion. Bitcoin really taught me something deeper than my understanding. I realized that it is very important to have prior knowledge and experience in financial management. I have a dream for my parents, I want to give back on what they gave me to be here in my position. I also realized that the phrase "money can't buy us happiness" wasn't applicable in life. When you become an adult in this generation, you will understand that in order to become happy, you need to have money to enjoy life. That's what bitcoin taught me to become a grown man.
1269  Local / Pilipinas / Re: Price Prediction, is it helpful or falsehope for us? on: February 04, 2020, 11:01:02 AM
Nakakatulong nga ba sa ating mga pilipino ang mga price prediction ng mga batikan at sabihin na nating magaling na mga investors sa bitcoin o isa lang itong falsehope o sa tagalog ay paasa?

Sa tingin ko hindi tayo dapat nagpapaniwala sa mga predictions dahil tayo ay nag eexpect na mangyayari talaga ito. Last 2018 or 2019 yata marami ang nagsabi na aabot sa $50k ang presyo ng bawat bitcoin kaso hindi ito nangyari bagkus umabot pa nga sa punto na halos naging $3k ang bawat presyo nito. Marami ang nadismaya sa pangyayaring ito at isa na din ako sa mga yon. Dahil sa panyayaring ito natutunan ko na huwag dapat magpaniawala sa sabi ng iba kahit expert pa sila dahil walang nakakaalam kung ano ba talaga ang mangyayari.

mga expert kuno tapos magkecreate ng hype sa market pero madami ang nagfefail, since very volatile ng presyo mas maganda na wag na lang maniwala yung basis nila wala ding magagawa kasi ang gumagawa naman ng presyo is yung mga investors at whales pag di sila gumalaw wala ding mangyayare sa presyo.

Totoo, walang sinoman ang makakapagpredict ng magiging mangyayare sa bitcoin kahit ilang taon pa ang lumipas. Noong 2017 nga eh hindi natin inaasahan na aabot sa mahigit $10k USD ang bitcoin. Bigla nalang siyang nangyare at biglaan nalang rin syang bumaba, kaya't mahirap magpredict kahit gaano ka pa kaprofessional sa ganito. Masyadong unpredictable and galaw ng merkado kaya't yung iba naghihintay nalang din na tumaas ito, naghohold sila ng bitcoin ng napakatagal. Bumibili at nagiinvest sa iba't ibang mga coins, napakahirap kung tutuusin dahil hindi mo alam kung kelan ka malulugi ka ba or kelan ka kikita.
1270  Economy / Gambling discussion / Re: Gambling: process vs outcome on: February 04, 2020, 10:14:26 AM
I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.
Mistakes are usually happened because they are focusing in outcome than in process. I'm a type of gambler that giving more focus in process than in outcome. I love the process because it makes me a skillful and knowledgeable gambler. I also learned to have proper risk management by focusing in process thab in results. If we will focus on process than in results then we can have better mentality and mindset.

The two are both important in a way that it will become the basis of your state in gambling. Process is important, yes, but what if you do you 100% effort but still you fail? Because gambling is also about luck. You can't force luck to let you win, it is very rare. The outcome is still important in some way, it will let you become inspired. If you lose , then try harder, if you win, then try to improve more. Focus on the mindset that they are both essential, it is not that the only important is the process or outcome but both. You can't prevent losses, no matter how good you are in gambling but if you're unlucky, you have nothing to do to prevent that. Try to practice risk management to reduce bad outcomes.
1271  Economy / Economics / Re: CORONAVIRUS IMPACT ON CHINA ECONOMY on: February 04, 2020, 09:38:26 AM
Remember how many other virus outbreaks we have in the last 10 years? People also talked about this, made their arrangements, etc. But now we don’t even remember what happened. But we are talking about a coronavirus, which it will also soon forget, because we will discuss something else.
I don't think that the coronavirus epidemic will somehow affect China. Even in China (where the virus began to move), not many people got the virus.

Although corona virus is not directly related to money, it still has an impact towards China's economy. Corona Virus is not joke that it is spreading faster and faster so people can easily get it when they go to an affected area. People will not go out in their houses because of the fear of having the disease, so the government advises the public not to go out. Many people will not go to work because it is safer not to go out. But the cryptocurrency is still the same because the use of blockchain technology in China doesn't require people to go out. It only needs your account and wallet but you can't withdraw money outside.
1272  Bitcoin / Bitcoin Discussion / Re: 2020 the year of Bitcoin technology getting accepted by governments on: February 04, 2020, 08:58:30 AM
2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!


What's the bottomline?

Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?

Sure! bitcoin will have an impact, the more people talk and use bitcoin the better future for bitcoin! bitcoin is still in a non-massive adoption yet!


Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!


But the problem is, this year is devastated already by many problems from its early start. Health related issues, wars and such. Although the tension between the two countries have somewhat affevted the price of Bitcoin, I do not still think that this year would be a year where more governments would adapt blockchain technology because they would more likely focus on issues such as stated. But it is still early, and assuming is not a bad thing.

Although it's not really happening today, don't be too negative about your thoughts. If you keep on having that mindset, you should stop using bitcoin now. Bitcoin is still developing and it needs more support from us users until it reaches the government. The government have strong power to promote and fully enhance the capability of making the economy good. After the government already adapted the blockchain, many countries will also used the blockchain technology if they see that it really enhanced the economic state of a country. We can't say what will happen next because bitcoin's price is still low compared to 2017.
1273  Local / Others (Pilipinas) / Re: MGA DAPAT IWASAN NG MGA NEWBIE(IWAS SCAM) on: February 03, 2020, 02:50:18 PM
Bukod sa mga dapat iwasan kailangan ding maging aware ang mga newbie sa mga sistema na ginagamit ng mga scammer para makapag extort o makakuha ng pera sa mga Biktima.  Ang example na binigay ni OP ay tinatawag na Golden opportunity gambling scam o di kaya ay make money fast scams.  Sa pagsaliksik sa google nakita ko ang mga schemes o mga diskarte ay hindi lang pa kaunti kung hindi napakaraming paraan ng pang-iiscam.  Dapat maging aware tayo sa mga sumusunod:

Phishing email scams
The Nigerian scam
Greeting card scams
Bank loan or credit card scam
Lottery scam
Hitman scam
Online dating (romance) scams
Fake antivirus software
Facebook impersonation scam (hijacked profile scam)
Make money fast scams (Economic scams)


Paliwanag sa link na ito

At kadalasan naman makikita natin ang mga common Scams na ito na naglipana sa internet.

Advance fee fraud
Lottery, sweepstakes and competition scams
Computer hacking
Online shopping, classified and auction scams
Banking, credit card and online account scams
Small business scams
Job and employment scams
Charity and medical scams


Maaring nyong bisitahin ang link na ito para sa mga paliwanag ng mga nabanggit.

Maraming nalolokong mga newbie doon sa MAKE MONEY FAST SCAMS kasi diba baguhan palang sila so ang gusto nila ay ang kumita lang ng kumita. Syempre ang mga newbie hindi naman ganun kasanay so sila yung pinaka dapat nagiingat sa mga bagay na nabanggit mo. Pero totoong napakadali nilang magtiwala dahil hindi sila nakakatanggap ng guide about this kind of trading. Lalo na yung mga scammers na nagpapakita ng portfolio para makakuha ng maraming tao na maniwala sa kanila. Dapat maging alerto rin tayong professional na ibahagi natin yung mga dapat at di dapat gawin sa trading. Tulungan natin sila na maiwasan ang mga yon tulad ng ganitong topic na dapat mabasa nila. Napakahirap mascam lalo na kung yung perang gamit mo ay pinaghirapan mo ng maigi tapos makukuha lang ng scammer. Dapat silang maliwanagan ukol sa mga scam na yan.
1274  Economy / Gambling discussion / Re: Online gambling on real gaming equipment: Testing technology on: February 03, 2020, 02:23:05 PM
I have a couple of concerns. You said that you will be using real gaming equipment. The examples you have given are roulette, slot machines, card games, etc. Do you mean physical gaming equipment? These are not virtual, right? If so, how could we possibly test their fairness if we are only testing them through the internet? We could not verify, for example, whether the roulette is evenly installed.

Secondly, paying with project tokens does not sound enticing, to be honest. Project tokens, by default, are worthless. Efforts might go to waste. How about paying with BTC or other trusted altcoins such as ETH or LTC?

I am pretty optimistic at first but after realizing that they are really using real gaming equipment in real-time then there is really some issue involve within it, but realizing that there are real gaming equipment this will be needing a person that will be sending live feed or creating live stream room for players to enter and make their bet, but this is what I am seeing on what may happen if you would create something like this it is really unique and players can not play skill-based games online but is it going to be 100% fair, there are many blindspot that the players can not see and the casino can surely use that.

Yes, I plan to use real equipment. Now I need to test the creation of the "room" and the connection speed. The slot machine to which the tester will gain access is used only as test equipment.

This must be tested now, so that people will recognize this kind of gambling quickly and people will have reviews about this gambling with real gaming equipment. As you've tried to let people play, see the reviews and feedback so that you know what are the features you're lacking. It is very unique to see the physical gambling, but it has pros and cons using it since it is new to people. The possible pros and cons are, Pros are it is interesting to play because it looks and feels like real so you will have fun playing it. Some cons are if it is really legit and not programmed, since it is virtual it is easy to manipulate and control the outcome of the gamble that uses real gambling equipment.
1275  Economy / Economics / Re: Is Malaysia crypto friendly on: February 03, 2020, 01:36:05 PM
Hi there,

I would like to ask if someone here knows  or not Malaysia is open to cryptocurrencies related business?


Malaysia is open but the users are not that many compared to other country like Indonesia and Philippines. I am working in malaysia and rarely see some guys who are interested but I noticed there are fond of doing mining cause my co worker said he has friends who are doing cryptocurrency mining.

If you would noticed they dont have own local board here on forum cause the users arent that many to put up. But there are many members here came from Malaysia. I'm not sure whether theymos could put up one for Malaysian users maybe in the future if the community members increased.

If that's the case, try to promote cryptocurrency by sharing your thought about it with your friends, family, and co-workers. That will help a lot because maybe people will recognize the true value of cryptocurrency to them and to the country's economy. Government also should try to recognize cryptocurrency so that the people in its society will also have the idea of using it in their daily lives. Everything will start at the bottom, it's not too late for people to adopt cryptocurrency. Malaysia isn't far from Singapore but as you can see, the Singapore has a high technology and most of the people are already using cryptocurrency in many transactions. If that so, it is not impossible for the Malaysia to become a crypto friendly.
1276  Bitcoin / Bitcoin Discussion / Re: Are Crypto Transactions Traceable? on: February 03, 2020, 12:40:58 PM
Your transactions are stored in the system. It can be checked from there so it is kind of traceable. But if you use VPN when you are making a new transaction, I don't think that they can find the location of your transaction.

Some security are still saved and can be traced through a system and it is only opened when it is very necessary. Those are private transaction that needs the approval of the owner and the government before accessing it. Mostly, it is used in some cases like an evidence against someone who committed a violation while trading in cryptocurrency. Criminals are caught by this traceable transactions because maybe they scammed someone. People should become more careful and secured during transactions.
1277  Local / Pilipinas / Re: Boy Abunda's statement about cryptocurrency on: February 02, 2020, 08:25:33 AM
Sa akin na intindihan ko naman siya kasi nagagamit ang pangalan niya sa hindi naman niya gawain and tama yong ginawa na ipublic yung sinabi niya para ma warning yung mga gumagamt ng name niya at gamitin pa ng iba para mang-scam ng tao which is mali at makakasira sa image niya. although isa nanaman to sa magpapababa ng percentage ng pilipino sa pagtitiwala sa crypto pero I believe soon na may mas popular na tao ang magpapa taas ng trust ng pilipino about crypto.

Kaya tayong mga crypto users ay dapat mas maging alerto sa mga impormasyon na nababasa natin through social media or internet. Hindi dapat agad tayo naniniwala lalo na kung walang batayan ang isang pahayag. Napaka crucial ng mga tao pagdating sa ganitong usapin lalo na sa cryptocurrency. Tulungan nalang natin na mapalakas pa ang paggamit ng cryptocurrency sa bansa natin, tulad ng pagpromote with proper evidence and facts. Ang mga facts ang magpapatibay sa paniniwala nila na maganda ang epekto ng bitcoin sa ating bansa, at hindi na natin kailangan pa gumamit ng mga kilalang tao upang mas makakuha ng maraming tao. Tulad ng nangyare kay Tito Boy, mas masarap magtrabaho ng patas at walang nalolokong tao.
1278  Economy / Gambling discussion / Re: LEC, league of legends betting and predictions on: February 02, 2020, 07:55:56 AM
Strange that rogue won both opening matches at LEC last weekend, against Excel and Misfits . I thought Misfits was a stronger team but I don’t think so. Febiven looked great yesterday but even with a huge advantage against a weak SK they made many mistakes.

What happened to Febiven, he is a good mid laner but I don't think that he can carry the team to win if the his teammates doesn't cooperate. He is the shot-caller so all the plays depends on him. Maybe Misfits have a really hard time handling the game and they don't even dominate SK with a standing 0W-3L. The only game they won is on Misfits, I still don't think how that happens.

Excel had an incredibly good entry into the game with a tough rival. Mad Lions is 43 in the ranking while Misfits is out of the top 300 ! The line-up of Excel is really decent but with the coach in YoungBuck they can actually achieve much more. They can make more than one surprise and can even be from more than one tier 2 team.


The fight between Excel and Misfits is the most awaited, they are the good match up in this tournament. They both have the standing of 2W-2L as of now, but we don't know what will happen next. Maybe Febiven should realize his mistakes and try to recover from a loss. Febiven is a great player so I think he can handle the game this time after the loss to SK.
1279  Economy / Trading Discussion / Re: Risk management , how ? on: February 02, 2020, 07:24:01 AM
Basically, risk management is more for controlling yourself like keeping emotions, with you can control emotions so you will not panic and get greedy in trading. That way you will trade even better when facing prices that suddenly decline and suddenly increase, there is no need to make choices based solely on rumors because of the possibility of the market moving in the opposite direction.

What about planning and making strategies? If you know how to execute your plans properly then you have the urge to minimize your loss because of an error. Before you make a plan, you will have a plan B so that if the first plan fails, you have the second one. Also self-discipline is essential in this cases, proper management of accounts and portfolio will help you to get an idea about the next thing to do during trades. Always observe the price movement in the market and that will be the bases on your next transactions.

Is it true that people really sucks at making strategies and plans in trading? What do you think is the causes of this? Greediness? Lack of knowledge? I think the number one thing that makes them to fail in trading is that they don't seek advice first to the professionals because they have many experiences to manage risks. Risk management is very crucial when it comes to cryptocurrency so every one should be aware of that. Most especially the people who really want to reach their goals, they want to take the risk by investing their money.
1280  Economy / Economics / Re: Today is the first day of notorious Korea/Japan/China new year on: February 02, 2020, 06:45:40 AM
This time the celebration mood around China isn't that big as the previous years due to the recent corona virus that has affected the large number of people. The number of death due to the virus attack keeps counting, and more preventive measures were taken to stop the spreading. This will be the time when big amounts were spend, but this time this is some critical time for the Chinese People.
Look not celebrate Chinese new year with happy because their country faced with bad situation where Corona virus have make Chinese people look afraid and not allowed for flying to other country, I think is bad moment when celebrate with their Chinese new year but other side they faced with terrible virus in their country.
You are right it seems this year new Chinese celebrations is being hinder by the Corona virus, the spread of this deadly virus is accelerating thus travel restrictions has been placed especially in Wuhan invariably a lot of them would stay put in their respective homes and consequently this year dump in the price of bitcoin would be minimal compared to previous years.

If you really want to save your money, if it is not necessary, do not celebrate. It will probably make you spend your money to something that is not valuable. Your investment will become useless if you try to join them celebrate what they call Chinese New Year. You're on point that of you try so, you can get the virus with or without any signs. So you probably stay at home, mind your own business, focus on your goals and seek for some quality time that will make your life reduce stress. Most Chinese people celebrate their Chinese new year outside their country so it is unsafe to go out. Just observe the movement in the market and how can you make an alternative solution for that due to the effect of the virus.
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