I decided to immediately stop my game since I knew that this will continue while my temper will be very bad in long run.
(....)
Pure luck! It's not your day. It's just a good thing you stopped which will help you to calm down and not play with your emotion, never chase loss with your emotion is not stable. Changing the table is a good act to reset some luck like this but then again, you already said it, and it's still not working. So try again on another day would be better. |
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Many said its absolutely a scam, pathetic and more. but crypto currency has favored to those who trusted on it, In terms of cross border payment, p2p and vice versa the domination of crypto is keep on increasing. In terms of investment people knew only Crude, stocks, bonds, stock market, gold etc...but this platform made a way ahead to make money harder and smarter, I know most of the government's are not favoring this but in upcoming years you will see the green signal for crypto as well.
(....)
What I really notice about people is just misunderstanding. They misunderstand what really cryptocurrency is difficult to identify the scam. They must think that the scam here are the people or platforms that use cryptocurrency for illegal activities, it's not the Bitcoin or cryptocurrency is a scam. Because in fiat currency, there are also using fiat currency for criminal or illegal activities but fiat currency is not scam. |
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This is the first time I've come across this exchange name. I ran a quick search, and according to , Stormgain has a 24 hour trading volume of $40,513,005.42, although not all the figures that are seen there can be trusted as most exchanges manipulate their trading volume in order to attract customers. (....) Exactly. Even popular exchanges these days could be also manipulating their numbers, especially on volume so people will tell that they are good enough. So for me, just to beat the odds, go for popular exchanges that is proven already by time, who is already here for the long time. I don't say that these data from exchanges are not 100% legit, but there could be some of it. Remember, they provide it, there's no decentralized part or transparent that we can see 100% there trading data. |
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There are always cons and pros.
Because for example on Ethereum: they can solve the scalability of the network but risk the being decentralized of the network.
So for me, most of those claiming that they are decentralized cryptocurrency projects right are indeed not decentralized. There are a lot of projects like this. They thought that once they are already a cryptocurrency project, they already a decentralized which is really not.
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(....) How can we better identify them? I hope everyone can make suggestions so that more people can learn from experience
You don't have to go that far on this one. Buy Bitcoin, its network is secured and you don't have to wonder why people are always suggesting it to have. It's simple because it's the top and if you're looking for a security, check its history. Nothing wrong with altcoins, I believe. It's just a simple high risk: high reward. That's why people are very tempted to invest in random altcoins rather than Bitcoin because of the reward, which this reward is extremely high, there are a lot of altcoins that can be examples of this. what @hugeblack said above me is a good strategy when investing in altcoins, identify the risks of each altcoin you want to invest and allocate a specific amount for that, don't go all in. |
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Update now: We are already in the middle of the month of July and the price of Bitcoin is still above $30,000.
For me, Bitcoin is already started to create strong support at the $30,000 price and another thing is $30,000 is psychological support which as you can see recently, this month. Every time we drop below $30,000, it just keeps bouncing.
Let's wait for the monthly close candle, I will be bullish once Bitcoin will stay above $30,000.
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(.....)
Do you have the same story, I mean a close person, relative or friend who used to dislike bitcoin, and they became regretful after seeing a significant change after meeting again.
Same experience as you that you met again a person got regrets, I don't have any experience with that. But a person who hates Bitcoin before and for sure regrets it but in silence, like they didn't talk it to me again about Bitcoin. For me, people who are telling negative things about Bitcoin must first do research and have their basis for why they hate Bitcoin, it's like accusing a person for some crime without evidence. |
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(....)
Gold and other minerals awere even used before as a mode of payment when currencies were not yet used as a system of payment. And same thing goes with Bitcoin.
(...)
Exactly, Bitcoin is the best example of Gold in the early days when gold before in intended as used for payment and later on become an investment. Gold became an investment for most people because what they know is the gold price just keeps increasing. Then now, it's the same thing happening with Bitcoin. That's why I can say we are still in early days on Bitcoin same before with Gold. |
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Before launch they first introduced their sign up options for their waitlist, and mostly people joined it and mostly people are thinking that they will get the airdrop from their sign up , that's why its gain a hype after just announcening it that it has a launchpad on binance exchange as well.
I missed the airdrop, lol. Even though I already signed up before, I just didn't get any invites. Another thing, there was some issue that spreading about Arkham, some are saying that Arkham is a project of the CIA to have surveillance on people. And the issue also that Arkham is just collecting every person's personal information like email, name, IP, and device info because that's indeed what is on their terms of service. Overall, I'm not a hater of this project, it's a great project for on-chain analysis and an all-in-one wallet scanner. The only thing I don't like is the way they collect some personal information. |
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(...)
So having made all this comparisons, do you think that bitcoin can be classified as gambling?
This is an already aged discussion which really at first, it's quite confusing for some people. There are lot of kinds of gambling which for me gambling really acquired huge percentage on "luck" some could be skills (depends on what gambling) While on trading, I can see the huge percentage here is skills and somehow on the other part, there's luck here but a very small percentage. So for me, trading and gambling are far different from each other. Because trading is not only for luck. |
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(.....)
(.....) You came in 2018 but didnt invest, and you feel so bad about it, how about those who become in 2015 and also did not invest? Will they kill themselves? Of course not, that will be the most foolish decision, leave what is behind and focus on the present and what is in the future, those are what's important. True, OP must not be disappointed because he/she is not the only one who experienced this and additional. OP must always remember that no one knows what will happen in the future. Everything happens for a reason. And I also believe if OP missed this kind of opportunity, I believe after that, it's already a lesson and they already took some opportunity after that. |
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Which is better to invest in copy trading or bot
And is there any other alternatives
I have 4k btc to invest
No form is safe, if you have invested you have to accept the risk. It is important that you allocate the most reasonable capital This is already given, using a trading bot seems more technical and you can also find it difficult to make it run, it depends. While on copy trading, you click 1 button and let the master trader do the job. And both got difference advantages and disadvantages and I can only see the disadvantage of copy trader is the fee you are paying, which is extremely high that fee is only for profitable traders and if a trade is lost, you lost more than you earn, something like that, |
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It was a mistake for me to dismiss when someone created a thread about BlackRock's ETF filing. I thought it was the mainstream news media running out of stories about crypto. It was really BlackRock starting the real ETF storyline hehehe. Did anyone also notice Forbes magazine has suddenly become supportive for bitcoin?
(....)
Kinda bandwagon but I believe since they are media companies, for what is a trend, they are there because that's what is their job is, they need to get attention of the people and right now, this is kinda trending on the cryptocurrency market and here they are, praising bitcoin. |
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Take note also that there lot of gambling that use Bitcoin to gamble  (I can relate) but some of these people we can't call gambling addicts. To be honest, this good idea, if they bought Bitcoin to use it for gambling, they should just keep it and not touch or use it for gambling. It's kinda related to saving fiat currency and not touching it or use for gambling. |
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(....) When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Everything has its risks including investing in Bitcoin, you just need to control your emotions, and don't panic easily when the price starts to fall. For the rest, you should be able to store bitcoins in the safest wallet, never store all bitcoins on an exchange because this is not very good. if you have fulfilled this I think the risk will be even smaller. Let's just hope that OP is storing their Bitcoin in a safe place which is a personal wallet and out of the exchanges because recently, there are a lot of incidents happening to most cryptocurrency exchanges, you could lose your investment here. I can relate with OP because the money you invested in Bitcoin is your own, it's from your hard work and grind. Because people like these will value their money and they will be careful. |
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I agree, P2P on Binance is not strictly a peer-to-peer transaction, you are right to call it semi-P2P because of third-party interference. If the transaction is in dispute, the assets of both parties will be locked immediately.
I don't think it should be called semi-P2P it would be more fit if we call it centralized P2P because Binance act as escrow and it requires KYC when using their service unlike other decentralized P2P exchange that does not need KYC like Bisq but take note Bisq also escrow sellers funds they act the same as Binance but without KYC anytime both parties can dispute a transaction. P2P on Binance is fake P2P hahaha. It's centralized 100%. All of your funds on Binance, even on P2P are being controlled by Binance. Once you deposit any funds in your Binance account, you already lost authority over your funds, especially Bitcoin. For some people these centralized exchanges' P2P are easy way convert your Bitcoin to fiat or vice versa. |
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With this, it's all gonna be just a matter of time.
This should be the right answer, time will tell it that will happen because as we know Bitcoin price will always vary on the demand and supply. But who knows if we reach that amount of price by next year or if it could be other years, so it always matters on the time. (...) I agree somehow here and I am not a bearish for the long term on Bitcoin. But we should think also Bitcoin is not gold and they are far different. New people must also not be too over confident with these numbers because before we get to that number in the future, there will be a bumpy road, and always expect the unexpected. |
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2. Researching on your own is difficult, but it’s worth it.
I am very agree with this because I already experienced and tried to compare other people who are doing research to just following some social media handles like Twitter, Facebook, or Youtube. When you do your own research, you will find a lot of sources along the way and it may give you difficulty to asses what's real, and what's not. But at the end of the day, it's worth it because sometimes you discover other things beside on what you are looking for. |
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BlackRock is a private company that at the moment thinks that it can make a profit with the help of Bitocin, and in a year it can change its opinion completely.
Yes, they may change their opinion, and this is the angle that I'm looking at in this topic on the government side, The government may also see a profitable way of taping into Bitcoin, and the government too may change their opinion completely with the way they see Bitcoin today as they say, change is constant. (....) It will just be a matter of time. Just remember the early days of gold before. Everything on Bitcoin right now is still early, still room for growth. I believe some governments will realize later on that they should have adopted Bitcoin earlier. This is also another reason why I am not afraid to use and own Bitcoin, because these big companies are trusting billion of money to Bitcoin. |
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For me, I can see the next cryptocurrency opportunity is a "problem solver".
A project that solves the problem. Most of the cryptocurrencies we have right now are don't have yet any working product, or still not used in real life which for me is a red flag.
So my recommendation is a type of project that already have a "working product", good tokenomics and it is solving a real life problem.
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