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221  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How quick do altcoins pump in bull run? on: July 03, 2023, 03:56:15 PM
The investment market in cryptocurrencies is a zero-sum game. For every profitable trader, there is another trader who is suffering similar losses. If you trade coins and earn huge profits from the market, it also means that someone has to leave the market empty-handed. So after a few capital losses following the unusual ups and downs of bitcoin and altcoins, you've probably dimly noticed that there's a whale manipulator in the market. That's why profits are also heavily influenced by market capitalization when the market enters a period.
222  Bitcoin / Bitcoin Discussion / Re: "Not your keys, Not your coins" is not enough on: July 03, 2023, 03:38:46 PM
Looking back, the second-largest cryptocurrency exchange in the world Obviously, the exchange has too much power; they control almost everything. The price is soaring, but the money in your wallet is really still on the exchange. The exchange became like a big crowdfunding guy, making his own sales; you put your money in. After you have put your money in, will the exchange keep the necessary amount for you to withdraw?

So the question is, Who is monitoring? Brothers who borrow money at the bank certainly understand that this is extremely fragile. Why? The bank is supervised by the state bank, which regulates the amount of money that must be kept at the bank. If you go to mobilize 10, you can only lend out 8. The amount of money withheld must absolutely comply with the amount prescribed by the state bank. The total loan amount is also regulated (in the world called room); when the room runs out, the money in the bank must also be left alone, not just 10 he himself went to lend 15.

So with cryptocurrencies, who is in control? Public and privates, if the exchange is known, it's okay, there is no organization or government to control that amount of money.
223  Bitcoin / Bitcoin Discussion / Re: Stop stressing kids with bitcoin on: July 02, 2023, 06:20:23 PM
We need to know what age is to be cared about as well as understand exactly when it comes to bitcoin. Because of their age, children are still very vague about this specialized knowledge. Even as adults like us, it is very difficult when we first learn about bitcoin knowledge, let alone just simple lessons for children. It is true that children are naturally curious, but there is no point in taking advantage of it. Because anyway, bitcoin can be for many people, but if we are too popular about it, it can make it misleading in the eyes of people.
224  Alternate cryptocurrencies / Altcoin Discussion / Re: Is now a good time to buy BNB? on: July 02, 2023, 05:54:22 PM
The price of BNB has dropped due to the sharp bearish swings in the crypto market. One could also argue that the SEC's issue with Binance has taken a heavy toll on altcoin prices. Even so, expectations remain high. However, in my opinion, I will not choose to invest in BNB at this time. By now, BNB coin predictions are not always positive, and we can see that this coin very often encounters FUD.
225  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin Cash is pumping, why? on: July 02, 2023, 05:47:04 PM
I heard some news that the listing on the new crypto alternative marketplace EDX Markets, backed by industry giants Citadel Securities, Charles Schwab Corp., and Fidelity Digital Assets, backed BCH. Furthermore, it is suggested that the price increase is due to the current "game-changing" upgrade of Bitcoin Cash. Also, some others say that the reason for the current Bitcoin Cash price pump seems to be due to whales in South Korea.
226  Economy / Economics / Re: Let's imagine you were the president of your country, How would your Economic on: July 02, 2023, 05:30:26 PM
In fact, there are economies that have had an impressive start, but the duration is not long. After a short time, the economy "lost breath", "lost momentum" had a slow growth rate, and even turned into a recession. So if I am the rightful holder, the first thing is to ensure a sustainable economy that can continuously improve the living standard of the population. In addition, there must be equality in society, but it is not the achievement of society's development that is shared equally for everyone, but first of all, equality in access and participation opportunities for all strata of the population. them into the development process and enjoy the results corresponding to their strength, ability, and intelligence.
227  Bitcoin / Bitcoin Discussion / Re: How I got my stubborn neighbour working for a central bank to adopt Bitcoin on: July 01, 2023, 02:47:32 PM
Being in a situation where maybe one guy understands and many others do not, I think they will still feel guilty about this. As a person working in a central bank, getting them to accept and use bitcoin is a big deal. impossible thing. They work, they learn knowledge in the field of finance and banking, and they get a job in the bank. While you try to push them to use bitcoin. As we know, bitcoin and banking are opposites of each other. So they will have a completely different view of bitcoin, even if it has its good sides. But your neighbor's case is still positive anyway because he already has a better overview than just being confined to one aspect of his job.
228  Bitcoin / Bitcoin Discussion / Re: Kids and Bitcoin on: July 01, 2023, 02:29:33 PM
At this age, it is still too early for them to realize the importance of money. If we try to cram in the knowledge of bitcoin, it will make the children become overwhelmed in life at the age they deserve. So let them live like any other child. Just teach them when they start puberty and become aware of becoming adults. Let them enjoy their childhood memories before turning to a new page of life.
229  Economy / Economics / Re: How to increase capital investment on: July 01, 2023, 02:14:03 PM
Most people who want to start a business already have a certain amount of capital in hand. You can invest in a business using savings accounts, personal consumption, or mortgage assets to get the necessary financing. In many cases, using your own money instead of borrowing or calling for investment is a good development, and many business owners continue this "self-advocacy" source of finance until the job is completed. Business flourishes and earns profit. You will not have to worry about monthly debt collection bills or incurred loans.
230  Bitcoin / Bitcoin Discussion / Re: Don't be intimidated on: July 01, 2023, 02:02:03 PM
Buying cryptocurrency exposes you to a volatile asset class. A good rule of thumb is to dedicate only a small portion of a diversified portfolio to risky investments like Bitcoin. Whether or not Bitcoin is a good investment for you depends on your individual circumstances. However, with price fluctuations, it is really difficult for new investors. Although the value of Bitcoin has increased dramatically over the years, buyers' backgrounds vary widely depending on the timing of their investment. For example, those who bought in 2017 when Bitcoin was racing towards that 20,000 level had to wait until December 2020 to recover their losses. More recently, the price of Bitcoin starting in 2022 is a little over $47,000 per coin. After a rough year for cryptocurrencies in general, Bitcoin has dropped to its current price of just under $17,000.
231  Economy / Economics / Re: How billionaires are really affecting the economy. on: June 30, 2023, 06:14:43 PM
According to my observations, billionaires have a strong impact on the direction of starting a business, focusing on the motive of making money in parallel with the search for high added value at all levels. Their contributions are impressive, and the dynamism and competition of this bloc have created pressure to change the way the state sector does business. So no one can deny their real business talent. Society needs to recognize, cherish, and appreciate such entrepreneurial talent. Otherwise, we will stifle the momentum of society. Besides, these billionaires inspire young people to strive. That is good news because the very emergence of this class creates pressure to promote social capacity reforms to meet that need. These reforms bring mutual benefits, like fragrance, and spread values to the whole society.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: Do meme coins have a future? on: June 29, 2023, 04:21:31 PM
I still think it will continue to exist in the future. Look at it according to the lottery: a lot of people with a small amount of money want to change their lives by luck, so the meme is also the intensity of it, like a rocket that can make those people rich in just one day or one night. There is nothing wrong with them doing so because not all of them have good capital anyway, but really, if investing in meme coins is a long-term investment, the loss in this case will be bigger than the loss of money, numbers, and luck.
233  Bitcoin / Bitcoin Discussion / Re: How much do you think Bitcoin will rise to in the next round of bull market? on: June 29, 2023, 03:41:57 PM
Over the past few months, Bitcoin has seen spectacular swings, the market seems to be fluctuating and volatile, and the Fear and Greed Index has shown a high level of anxiety. As the current price is $30,512.14, the future value of Bitcoin will likely continue to increase in the near term in line with the BTC growth forecast for the next year or two. When BTC accumulates above $45,000, its price will reach the upper limit of the flag. So in my opinion, the upside potential of Bitcoin could be as high as $70,000 this year. So if the future price target could be a strong psychological level, i.e., $100,000, I know that most buyers start to get nervous when approaching such great values, so a more realistic price target would be around $92,000.
234  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin's comeback on: June 26, 2023, 04:28:32 AM
In fact, litecoin is like other coins—a coin in the early stages of cryptography when nothing really was too different from bitcoin. So even at the present time, although this year Litecoin has made positive moves compared to recent projects, especially Layer 2 projects, I think it is still too small. But really, one point I find litecoin to do well is that, like tron, it is integrated quite a lot for payment in a faster form than bitcoin. This is a good thing that I see in Litecoin, so it is probably the reason why the coin is still active and still has a community of users.
235  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Rank positions on CMC changes every bull market? on: June 26, 2023, 04:11:36 AM
Of course, these things can happen in the cryptocurrency market. You can look at LUNA or FTX coins; after every cycle, there will always be a certain elimination. If it doesn't do well and has no use value, it's going to be kicked out of the top 20 sooner or later. Moreover, as more and more projects are born, the bottom coins are also formidable competitors because, anyway, they have the benefits of being behind and still have the potential to grow to be able to achieve an ATH level in the new cycle.
236  Economy / Economics / Re: I don't believe you on: June 26, 2023, 03:51:32 AM
Everything is always risky; you cannot be sure whether holding your assets on current major exchanges like Binance or Coinbase is safe or not. But because they are current exchanges and have had a fairly long history compared to the history of cryptocurrency, they are preferred by everyone. In addition, the rewards or bonus programs are also what attract many users to it. It is true that many things are attractive, but looking at the past, when a certain exchange encountered FUD, the problem of massive users withdrawing money from the exchange was quite painful. In addition, there may be delays in payments, user accounts may be banned, and assets may be lost. I have come across such cases with Binance assets. So while it may be good, don't put all your money on the exchange.
237  Bitcoin / Bitcoin Discussion / Re: Have you, or would you ever use a Bitcoin ATM? on: June 26, 2023, 03:32:04 AM
No, I have never seen or experienced a Bitcoin ATM with my own eyes. My country currently does not accept bitcoin as a legal currency, although I see quite a few people who know about it and use it as a form of daily payment. The government is still advising people on traditional media not to use cryptocurrencies because of the dangers. That's why it doesn't appear in my country. Although I see a lot of countries have this form, I have not experienced it, so I don't know how, but maybe this is a good form that solves many payment problems.
238  Alternate cryptocurrencies / Altcoin Discussion / Re: Could this be a trap? on: June 25, 2023, 12:07:55 PM
It can be said that Bitcoin in particular and cryptocurrencies in general always have an irresistible "magic" for speculators and venture capitalists. With an increasing number of investors participating in the market, many people lack knowledge about both the market and security. Especially when they are often caught up in the direction of news and strong market fluctuations. Therefore, it is not possible to determine the direction as well as the high psychology that makes the decisions more difficult. This will be bad when the market suddenly goes bad; it will knock you down at any moment. So be careful in front of this market; even if it is a beautiful green color, maybe it will knock you down at any time.
239  Alternate cryptocurrencies / Altcoin Discussion / Re: why people are always interested in altcoins on: June 25, 2023, 11:53:44 AM
People are constantly exploring and looking for new things, and so are traders who want to find new profitable investment opportunities outside of traditional assets such as gold, deposits, stocks, etc. Furthermore, the most basic theory in investing is portfolio diversification. New cryptocurrencies are in the early stages of development, and no one can predict which will be the most widely used cryptocurrency in the future. So, holding some more popular altcoins besides Bitcoin will keep you in the game of the future. Altcoins create excitement in the cryptocurrency market, and speculators can find countless short-term speculation opportunities from the strong price fluctuations of Altcoins.
240  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin is dead, long live ... what? on: June 25, 2023, 11:39:50 AM
These are completely baseless. It's hard to understand how I see people talking so much about this when many people themselves are still investing in bitcoin. If you are afraid, why not go back to other investment channels such as gold, stocks, ... but just invest in bitcoin. Complaints less, let's look at the reality and see how bitcoin has maintained the blockchain for more than a decade. So while its fate is uncertain, let's see how it develops further into the future.
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