May mabuting epekto ito sa cryptocurrency lalo na sa Bitcoin, dahil ililipat nila pera nila sa other currency na di gaano bumaba/stable ang value o posibleng tataas, di lang sa cryptocurrency pwede din sa iba't-ibang pera ng bawat bansa gaya ng USD.

Since I am supporter of Bitcoin, malaking impact ito sa Bitcoin dahil dadami bibili ng Bitcoin sa bansa nila, gaya nangyari sa Venezuela. Tingnan mo chart nila, tumaas ang volume ng Localbitcoins nila sa kanila.

Volume ng Localbitcoin ngayon sa Argentina:

https://coin.dance/volume/localbitcoins/ARS

Makikita mo sa chart ngayon ng Argentina, talagang tumataas volume dun ng pagbili ng Bitcoin. Dahil siguro natatakot sila na bumaba ang value ng national currency nila kaya binibili na nila ng Bitcoin or other cryptocurrency/other fiat currency.

Ito naman ang sa Venezuela, halos walang pagkakaiba parehong tumataas.

https://coin.dance/volume/localbitcoins/VES

Pagdating naman about sa pag bo-browse, may ibang software na makakatulong sa'yo. Lalo na mga browser extensions which is really useful gaya sa ng EtherAddressLookup Chrome Extension para sa Google Chrome na browser, na fifilter nito ang mga ibang phishing websites lalo na sa crypto.
You can check this thread [GUIDE] Use this for identifying Scam/Phishing/ Websites & Exchanges in Crypto regarding that.

I want to also to share this very helpful bot, especially for traders:

CryptoWhale bot

Description: A CryptoCurency Pricing, Charting, Information, and News Bot.
There's a lot of feature of this bot, just like you will know the current status for long/short volume in Bitfinex exchange. You can also see a hourly/minute candle chart, market cap of a particular coin, latest news about cryptocurrency, current ethereum gas prices, current events for today and many more. Feel free to explore.

Test:

Welcome! First, I don't have any mentor before when I started to trade crypto, I am learning all by myself such as youtube videos and some articles about trading.
My advice to you, start on the basic, how to use the chart or how you to operate it. Second, some fundamental of trading, like identifying the supports and resistance.

If you feel you are ready to trade, you can test your skills in some test net exchange or demo, just like Bitmex Testnet.

GreatArkansas - 9

I want to ask a question, what if someday they will close or shutdown and people will start to ask for refunds if something bad happens. What will happen to these youtube content creators who advertised this so-called Ponzi?

Since I also saw some of the youtube content creators you mentioned that they advertise the UPStake. Seems likely their reputation will be affected once UPStake is proven a scam or offers Ponzi membership.

Official de-delay nanaman nila ang decision sa VanEck ETF. So wala pang result if approve or disapprove ang ETF.

Para sa akin kaya wala masyadong price action ang nangyari, basa na ng mga tao na e dedelay nila ito ulit kasi final deadline ng VanEck ETF ay sa October 18 pa at may another decision pa sila sa August 19, which is possible na e de-delay naman nila ito hanggang sa October 18.


You can read more here: SEC Delays Decision on VanEck/SolidX Filing in Latest Bitcoin ETF Setback

We are the same likely story since I don't use some of my earned money before. Some are also on my online jobs, I also use my own money invested in cryptocurrency but I pull it out when I already have some profits before, I just want to get my capital so in my mind whatever will happen I will don't have any lose.

I also heard that kind of Ponzi scheme here in our country, which most of the victims here are those people who are a newbie in crypto or newbie in online investment or opportunity to earn.

I saw the blog's post. The hourly cycles seem don't applicable if you will zoom it out or on the higher time frame.
I agree that it can happen cycle, especially we are watching or base on the historical prices of Bitcoin.


I found this chart on Twitter and look, you can see a cycle on the price and time frames.

Nasanay na ang tao pagdating sa ETF, expected na yan nila na ma dedelay. Para sa akin di natin kailangan ng ETF para sa Bitcoin, kayang kaya tumaas ang presyo ng Bitcoin kahit walang ETF, malaking epekto sa pagiging decentralized ng Bitcoin ang ETF. Kahit si Andreas M. Antonopoulos isang author/speaker about bitcoin ay against din sa ETF.

Try panourin itong video niya kung bakit against siya sa ETF: Bitcoin Q&A: Why I'm against ETFs

For what I observed since I experienced what said that after the BTC ATH altcoins do ATH too.
But today, what I see is when BTC pumps, altcoins are really dumping off the floor. The BITCOIN dominance also pumps a few weeks ago, while those altcoins are dropping. For me, we can see a different altcoin season soon, different from what happened in 2017.

Clarify it, just what happened to me, I bought 0.03 bitcoin at $3,200 before using my fiat from my pocket. Then sold it when it was around $8,100 last week.
I earned roughly $147‬ through that since I bought $96 with 0.03btc when the price of btc is on $3,200 and sold 0.03 btc it by $243 when the price is $8,100.

That's what I earn when I bought that the dip that area. Since I needed money last week, I just sold what I bought and I'm happy with the profits.

It's really far behind to become the ETH killer, as you said because of price action only that's why you are concerned. If you will see the development of BNB compare to ETH, it's totally behind.
Did you even think that why BNB has a huge price action last few months? We can consider the price manipulation of it and the fever of IEO with the use of exchange tokens to be able to participate.

Watch this youtube video Binance Admits To Pump & Dump? Planning a 2nd One! Greed & Corruption is Strong With This One... and there's a lot of video about Binance in that channel.

As also you can see on this chart by HairyMaclairy, if we will base on the 2014/2015 price, we should be dumping now on this area but it goes on the opposite side. As you can also the 200MA acting now major support which is really good news for Bitcoin. Breaking above $6,000 is really significant for bitcoin since it will become the major support now.

Additional ay dapat friendly user o madali gamitin yung exchange na gagamitin niyo, lalo na pag newbie kayo. Dapat yung exchange ay comfortable gamitin, yung di kayo nahihirapan habang nag eexecute ng order.

Nakapag try ako ng ibang exchange na ang ganda gamitin pag nasa laptop ako pero pag gamit ko sa mobile phone ko, hindi siya responsive, ang hirap gamitin pagdating sa mobile phone.

I also tried nung bago pa lang ako sa Bitmex since margin trading siya, imbis na long position ang eexecute ko, short position yung napindot ko. Tapos yun nag pump bigla, so no choice ako kaya close ko na lang agad yung position ko, lose na yun. Sa akin parin ang mali nun, kasi di ako nag ingat.
Dapat din e consider din yung mga ganyan para mas comfortable at safe tayo sa pag te-trade.

I remember myself years ago when I am addicted to spending with charts and tried every different method and tried different indicator . I even tried also to trade the scalping method that I keep watching every price action within a minute. I realized that it is very time-consuming and I lost also a lot of BTC before since I am a newbie and don't have any risk management.

Upon checking sa website ng Ledger, nag try ako mag order para makita lang if pwede ba talaga ang Bitcoin/Bitcoin cash ang pambayad para maka bili ng hardware wallet nila. Pwede nga.



Pwede din naman paypal gamitin dito pero nakita ko na need mo verified na paypal, yung may naka link na card. Tama si asu, madami pwede trade ng BTC to PAYPAL pero un lang pag hindi verified paypal mo, useless din.

The best method about this is Risk Management, you need that method to minimize your losses and profits also. Like risk: reward ratio, before entering into a trade, you need a plan, how much would you like to risk on that trade and how much would be the reward if that trade will success?
Simply put your stop-loss for every trade and your price target on your every trade.

Try to watch this video, it is very well-explained how the risk: reward works. Crypto-Trading | Risk Reward Ratio

If you believe in Bitcoin, you will hold it for the long term. Bitcoin will be staying and just keep in mind about the law of supply, we have only limited supply of Bitcoin. I still accumulate more bitcoins for every dip and hold it as long as I have money for my daily lives if I have spare funds, I put it on my trading account or buy more bitcoins.

Una, hindi natin sila mapipilit na mag invest sa cryptocurrency, dahil pera nila yan.

Pangalawa, napansin ko sa mga ibang kapwa nating Filipino na mas gusto nila yung easy money. Like mas gusto nila yung passive lang, na parang matutulog ka lang sa bahay niyo at dadating lang yung pera.

Pangatlo, "Never invest in a business you cannot understand" - Warren Buffett. Siguro yung iba ayaw mag invest dahil hindi nga nila alam. Hindi natin sila mapipilit pag ganyan pero pwede natin sila e guide o turuan pagdating sa mga ganyan, kasi alam ko lahat naman ng mga bagay natututunan at napag aaralan.