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1  Other / Beginners & Help / Re: What do you think of decentralized exchanges? on: October 12, 2018, 03:33:40 PM
I have used Idex and Crypto-Bridge, both are fantastic but I think this technology is still in its infancy due to human intervention which might be necessary atm. thus that does not make that particular exchange completely decentralized. I think to achieve that stage we need an idea to implement rather than technical skills.
2  Economy / Trading Discussion / Re: I fail in trading on: October 12, 2018, 03:12:47 PM
Almost everyone fails when they start trading, it is no big deal just be careful not to risk your lunch money.
I think the most important aspect of trading is psychological rather than technical. Research the psychology of trading and how to leave your emotions out of your trades. second comes all the other theories and techniques in analyzing the market trend such as Technical analysis, Fundamental analysis, and Cyclical analysis. I am sure you will find a ton of material on those topics on the Internet.
3  Economy / Economics / Re: Stocks Just Suffered Their Worst Loss in Months on: October 12, 2018, 02:56:54 PM


The picture above shows the Buffet Indicator. It is simply the ratio of publicly-traded U.S. stocks to U.S. GDP.

https://www.investopedia.com/news/buffett-indicator-spells-bad-news-stock-investors/

Mike Maloney did explain it in this video which is quite concerning.

https://www.youtube.com/watch?v=jB6iAWQPa2k
4  Bitcoin / Bitcoin Discussion / Government backed currencies. on: October 12, 2018, 02:34:18 PM
Can someone clarify how the government could launch their currency on the blockchain in the future? will it be decentralized, considering the centralized blockchains are more vulnerable to attacks?

Or they will simply launch tokens on established blockchains like Ethereum, NEM, etc... example: Petro from Venezuela which is a token on NEM blockchain.

Or it could simply be a sidechain to most secure network "Bitcoin"?

Tokens and side chains are not necessarily un-confiscatable.
Would like to hear your thoughts on that matter.
5  Economy / Trading Discussion / Re: My luck is very bad for crypto trading 😞 on: October 05, 2018, 11:45:02 AM
A simple strategy to follow in this case is using stop losses. Put your stop loss just under the price and raise it as it moves up. When the price retraces you would have earned much more profit.
6  Economy / Trading Discussion / Re: What amount did you start to trade? on: October 05, 2018, 11:34:30 AM
It depends on your risk tolerance 'Invest only what you can afford to lose'.

Try studying price action and candlestick patterns. Then pick a strategy you like and master it.

In my opinion, starting with even 1$ is a waste if you buy and sell blindly.

Happy Trading!
7  Economy / Trading Discussion / Re: I lost 10000$ in trading, what should I do? on: October 05, 2018, 11:21:58 AM
I believe everyone loses money when they start trading especially crypto due to its mad volatility. I think it is just a price to pay for the experience you have acquired. The key is not to get discouraged by your loses as you understand the market more your win-loss ratio will definitely change.

You also have to understand that you invested in bitcoin at almost ATH and the market retracement is normal. You have already got a taste on trading switching to another model is not wise if you ask me. If you continue sharpening your trading skills you might just make it.

Good Luck either way!
8  Economy / Trading Discussion / Re: Trading or mining? on: October 05, 2018, 10:52:03 AM
Both have different risks, But your choice should be based on your preference. Some people don't have the motive or space to set up a mining rig or maintain it others don't have the patience to trade.
9  Economy / Economics / Re: What will happen to bitcoin? on: September 28, 2018, 12:38:22 PM
I think Bitcoin's price drop is nothing but normal, we had a huge run-up last year. Logically thinking Bitcoin will rise again but it needs time.
10  Economy / Economics / Re: People are not motivated by money. on: September 27, 2018, 01:25:58 PM
True, even people who are motivated by money will stop once they have enough or lose the desire to make more. Certainly, people have to make money in order to live but making money should never be the main pursuit. This is a real problem in the crypto world people are blinded by the wealth of one of his buddies who invested in Bitcoins when it was cheap, He might just want to replicate that. But was this the main cause that made his friend invest in Bitcoin in the first place?.
11  Other / Beginners & Help / Re: My experience after 1 year of buying ICO ! on: September 27, 2018, 01:10:11 PM
These are all good points but I think this will not necessarily work in the future. The community has matured much more and given the fact that almost 99% of ICOs are just vapourware, people are just speculating in ICOs.
I don't say that ICO market is dead but it will simply transition into the next phase, which are use cases, products and solving an existing problem.
12  Economy / Economics / Re: Bitcoin after several years? on: September 23, 2018, 07:52:29 PM
I think Bitcoin will see much more adoption, as a result it will be worth much more. hopefully bitcoin will be used as an independent currency and not pegged with USD to determine the price of goods.
13  Economy / Economics / Re: Bitcoin the inflation killer :-> on: September 23, 2018, 07:47:10 PM
There are a lot of people who bought Bitcoin at ATH. Bitcoin ideally is not an inflation killer but the idea of immutable un-confiscatable trustless and borderless etc... is much more prominent than the idea of beating the inflation. That could also work if it is timed correctly.
14  Other / Beginners & Help / Re: Buy bitcoins? on: September 20, 2018, 01:46:45 PM
Hi

In which stock exchanges can I immediately buy bitcoins BTC?

Thank you.


looks like it is your first time buying Bitcoin. for a start I suggest you to use Coinbase website it is very intuitive for new users of cryptocurrency.
15  Other / Politics & Society / Re: What is School for? on: September 20, 2018, 01:40:08 PM
"We go to school to learn" is the biggest misconception in humankind. says the one completed his education and got a degree in engineering. School just suppresses a certain mindset on you so that you will obey the authority when you grow up. hopefully people in the future leverage the internet to get themselves educated.
16  Other / Politics & Society / Re: Christianity is Poison on: September 20, 2018, 01:30:39 PM
I think religions in general were created to suppress the minds of simple people so that they stop coming up with stupid ideas that disgrace humanity. But religion will definitely deem smart people inefficient to develop humanity.
17  Other / Beginners & Help / Re: Patience and information on: September 19, 2018, 07:17:26 PM
Would like to throw in a quote from Warren Buffet in which he was talking about the Stock market but it does apply to crypto as well

"The stock market is a device for transferring money from the impatient to the patient."
18  Economy / Economics / Re: Why Cryptocurrency threatens governments on: September 19, 2018, 07:16:26 PM
Simply because governments like to have complete control over everything in our daily lives.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITTUBE | NOW LIVE | NO PREMINE | NO ICO | FIRST MEDIA MINING PLAYER on: September 15, 2018, 05:39:54 PM
This is one of the most honest projects I have seen so far in crypto. As I can see you guys held no ICO did ZERO premine and still delivered a product. It is a shame that raising 30 mil $ is a standard for Crapy ICOs these days and they freaking deliver no product.
20  Economy / Speculation / Re: Bitcoin in going down, is it bad...? on: September 14, 2018, 02:25:31 PM
Quote
Bitcoin in going down

To rephrase your title Bitcoin is still up it is not going down. The price is.

The market is surely volatile like non-other, saying Bitcoin is not going back up again is based on your speculation only and the market doesn't really care about anyone's speculation. Unless you have enough Bitcoins to fill all the ask orders all the way down whenever it moves a leg up.
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