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341  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this Right Time to buy Some ALT coins? on: February 18, 2020, 09:56:53 PM
It looks like many altcoins are being pumped these days, so it might be a good idea to buy some of them for a short term. Anyway, I would not use more than 10% of funds on these trades.

One of the novice’s most unpleasant mistakes is the purchase of assets at a time when their main growth has already occurred. I lost money on this more than once.
As you said, many coins have already risen in price, which means a natural recession is expected after growth. Many people think that if an asset has grown in value, it means it will continue to grow, but this rarely happens.

Most often, the price of an asset falls after growth. Many people enter precisely at this moment, before the price starts to fall, in the end they have to stay in the deal until the last, until the price grows back, or otherwise they have to fix the losses. It is better to buy coins in the fall than after growth.
342  Economy / Trading Discussion / Re: I was offered to EXCLUSIVE TRADING BOT - whats that? on: February 17, 2020, 10:01:58 PM
The forum has a huge number of topics devoted to bots and similar services, as well as their reviews.
Do not be lazy to figure out how to use the search on the forum and you will find your answers. If the bot is working, then it will have statistics and also reviews.
All you need to do is check these statistics and reviews on the subject of fake.
343  Economy / Trading Discussion / Re: My story with leverage on: February 17, 2020, 10:01:00 PM
Leverage trading always comes with high risk. Reading your story, I feel like sharing my own.

I made 100% profit by trading with ETHUSDT pair in binance futures in just 9 days. This really motivated me a lot and this is the point where I lost control on myself. on 10th day, I again shorted "x" number of ETH and that was the worst call of my trading history. The price started dropping and the time was not far when my liquidation price was crossed. I was careless at that point as I did not take the efforts to set the stop-loss and it made me lose my entire 100% profit which I earned in 9 days, in just a single trade. That is why you should never consider leverage trading as easiest part.

There are a lot of ups and downs which might even make you lose everything you have so only choose leverage trading if you have the skills.

Yes, this is the beauty of trading with leverage.
When you manage to make good money, you begin to believe in yourself. It works the same mechanism as with gambling.

First you win because everyone calculated correctly, then you win because you are lucky, but you do not notice this because you think that this victory is your merit.
You continue to play without noticing your mistakes and eventually lose.
344  Economy / Economics / Re: Is the Market Stabilizing? on: February 17, 2020, 09:59:48 PM
The market only shows the vagueness of stability. As soon as Bitcoin stops at one place, the attractiveness of investing in it will fall many times.
In addition, I am deeply convinced that the market is controlled by certain forces that choose whether the market is stable today or not.
Do not let yourself be fooled because this is exactly what the market sharks are seeking.
345  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: February 17, 2020, 09:57:59 PM
I think that if a person wants to get rich, that he needs to do his own business, and not save on everything. It is better to earn a lot of money and live in pleasure than to try to save every cent and infringe on yourself in everything. The desire to earn more gives us the sense and determination to do so and focuses our attention on the means and opportunities to achieve wealth. While saving focuses our attention on poverty, need, and deprives us of the desire to become more financially independent.

You are right in part. If someone wants to become rich, he must begin to engage in a business that will bring him money. In order for this business to bring him money, he must like it, which is guaranteed to bring him cash, because he will do his favorite business not in order to earn money, but in order to have fun. So he will spend a lot of time doing this, which will make him a first-class master and an indispensable specialist in his chosen field.
346  Economy / Economics / Re: Can Blockchain Replace Banks? on: February 17, 2020, 09:56:21 PM
You are probably right, however, you need to understand what kind of blockchain banks will use. Not every bank benefits from the transparency that the blockchain provides.
Indeed, often in banks around the world, schemes are used to launder money and fraud.
As we know, all banking systems are bubbles and sooner or later they can collapse and burst, as has already happened.
Blockchain can prevent this, however, in this case, all bankers' transactions will be visible, which they do not always want.
347  Economy / Economics / Re: Mistakes That Make You Poor Poor In Cryptocurrency on: February 17, 2020, 09:54:09 PM
Cryptocurrency education is very basic for anyone willing to use cryptos. This is possible if people learn every day by themselves via youtube or anywhere on the web. first things first, write down all passwords, usernames, backup all of them in a hardware wallet with password protection, before sending crypto tx only send a small amount, if all goes fine then send the rest.


Before depositing crypto in a new wallet, test the password, pin and any other security measure, once you feel safe then send bigger amounts.
Don't keep big amounts in exchanges, unless they are decentralized.


If we are talking about dex exchanges, then there you do not hold your funds directly.

They are located on your wallet and are used to interact with the wallets of other users on this exchange.
Everything related to the above you can combine under one auspices called mindfulness.

In cryptocurrency, inattentive users lose money most of all due to the fact that they are in a hurry or someone is pushing them.
348  Economy / Economics / Re: How a Global Epidemic is helping counties see the bigger picture on: February 15, 2020, 07:17:17 PM
Personally, I think that in any way. This will not affect the situation with bitcoin.
Mining farms continue to work, people still have access to their computers and the Internet, which allows them to conduct operations and transactions in cryptocurrency.
The only thing that can happen is a deficit due to which people will withdraw part of their cryptocurrency funds and assets for the purchase of some vital things, but I doubt it will come to this.
349  Economy / Economics / Re: Justin Sun gifted Warren Buffett bitcoin and tron on: February 15, 2020, 07:16:11 PM
Justin Sun is a tricky fellow. The fact that he gifted Bitcoin and the throne (cryptocurrency) to Warren Buffett, he did it exclusively for marketing.
Now everyone knows that Buffett has cryptocurrency among its assets. Buffett has a huge audience that loves and recognizes him.
Thus, Justin to some extent launches a flash mob where people give cryptocurrency to each other. The popularization of cryptocurrency.
350  Economy / Economics / Re: How do manage portfolio efficiently while having a full time job? on: February 15, 2020, 07:14:05 PM
The best thing you can do is just stick to invest without too much of trading activities. Trading requires lot of time in the market as it is very volatile. And just invest with the top coins 5 or 10 coins maximum by this you can get the information about those coins very easily without spending much time and easy to track these when compared to other mid-cap coins.

You are right, trading is a science and a real job. Any trainer will tell you this. Therefore, the less you trade, the better your results will be.
Therefore, always try to minimize your activity as part of cryptocurrency investment activities.
Invest everything in a series of coins, set reminders and notifications on the movement of their prices, follow the charts and analytics so as not to miss out at the right time.
351  Economy / Economics / Re: Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire on: February 15, 2020, 07:13:19 PM
I would change your title. The state really does not want to make one of its citizens a millionaire, but at the same time, it does not prohibit him from becoming one.
However, what the state really does not want to do is increase the number of human freedoms.
The state always seeks to suppress human freedom so that it works for the state all its life, gives the best years to the state, working in its factories and infrastructures.
352  Economy / Economics / Re: What will be the affect of Valentine day on Bitcoin Price on: February 15, 2020, 07:12:14 PM
In my opinion, Valentine's Day is no different from any other day in which people want to spend as much money on gifts as possible.
Therefore, we can make an unambiguous conclusion that some of the people will change their cryptocurrency savings for real money to buy gifts and other basic things.
353  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: February 15, 2020, 07:11:32 PM
Your two facts contradict each other. If most of the projects do not pay, then the bounty cannot be called profitable for most people, due to the fact that the range of payments from the projects itself is already limited.
You claim that one of the 10 projects will give you a great pro, but I would like to see evidence of this statement. Unless of course you have them, otherwise these are empty words.
354  Alternate cryptocurrencies / Altcoin Discussion / Re: As a Bounty hunter, don't expect too much on: February 13, 2020, 11:24:10 PM
How about selling some portions of your tokens and keeping the rest just in case the price surge in few months? I think this is the best move that every bounty hunters should use because you really can't tell what will happen, sometimes you end up regretting selling tokens after they appreciate in value

A similar advice could work here in 2016 - 2017, but throughout the whole of 2018, 19, we observed a picture when people kept part of their coins for the long term,
however, subsequently projects were often closed and people received nothing at all .
Therefore, now the most profitable strategic decision will be the sale of all your shit coins as soon as possible.
355  Economy / Economics / Re: Trade war Influences on cryptocurrency on: February 13, 2020, 11:23:14 PM
It affects, but rather cryptocurrencies benefit, this is a very good way to transfer significant amounts without extra eyes.

But most importantly, cryptocurrencies can be used to overcome various kinds of sanctions and embargoes, and this is not cool.

In the conditions of a trade war, many shadow transactions are carried out with the help of cryptocurrency.
I can’t say that it’s good, but it’s definitely not bad. Indeed, in essence, during such wars, countries build walls between themselves that interfere with the flow of capital, and cryptocurrency helps to circumvent restrictions of this kind. Cryptocurrency - expands freedom, but what extends human freedom is always highly valued in the world.

Nevertheless, it is quite difficult to say what consequences for the economy will have such transfers. After all, shadow money does not emerge in the economy in its purest form, at first it is laundered by criminal structures or cryptocurrency exchanges, or casinos, or something else. Such money does not affect commodity circulation between countries. Of course, the possibilities of this kind that cryptocurrencies provide us with are very positive, but there are also negative consequences.
356  Economy / Economics / Re: How do manage portfolio efficiently while having a full time job? on: February 13, 2020, 11:17:06 PM
There are some application out there that lets you check the current price of a specific coin in just one click. It will help you a lot to decide what coin you should avail or invest. It will also help you to predict the next price movement of that coin that will for surely gonna help you in your trading career. You can try to check the blockfolio app. That is good for monitoring cryptocurrency market price movement.

The functionality you listed looks fantastic. I do not know any application that could boast that thanks to it someone could choose which coin to invest in.
Even a block folio has an exclusively informational nature. To understand what you really want to invest in, you need to study several projects, assume their future profitability, and only then make decisions.
I don’t think that any of the applications created at the moment can greatly facilitate your task.
357  Economy / Economics / Re: How regulation affects the crypto price on: February 13, 2020, 11:15:59 PM
If there will be a regulation for the cryptocurrency, the prices of almost all of the cryptocurrencies will go up high because the people will see it as a good news since the government is acknowledging the value and use of the cryptocurrency. I am wishing this type of scenario for a long time for the major countries and also to the growing countries so they can rise up fast.
People believes too much in government, so if regulation happen they will thought of it as legal and they will feel safer since government backed it's rules, without them knowing that it will also adds too much tax and limits on the now existing crypto performance. But will sure get adoption more.

Bitcoin and cryptocurrencies are the ideal of freedom that we must carry into society.


But do not forget about that time (2016-2017), when, due to the practically lack of market regulation, there were a lot of fraudulent ICOs and other projects. Therefore, freedom is good, but everything should be in moderation, in order to avoid outright fraud.

From the part you are right. But I think that the problem here is not that the market is not regulated, but that people cannot distinguish a healthy project from a sick one.
In addition, the ICO market, at that time, offered great opportunities for making money, which was the key reason why people invested in ICO projects and so often came across scam projects.
If people cared only about the capabilities of the blockchain technology itself, they would not invest in promising huge payouts, not in financial pyramids, but in business businesses.
358  Economy / Trading Discussion / Re: How long do you hold on a trade. on: February 11, 2020, 01:49:07 PM
It all depends on what kind of movement in the market I expect. In fact, my trades look like short-term deals lasting from several hours to several days.
The longest deal I had was a week long. In other words, it all depends on my goals. If my goal is realized and I caught the movement I was counting on, then I close the deal in whole or in part, usually at breakeven.
Part of the funds I leave for further movement.
359  Economy / Trading Discussion / Re: What are the most useful crypto trading bots? on: February 11, 2020, 01:42:35 PM
I have never trusted such services, or rather, the only kind of bots that I trust are those bots that help speed up operations on the exchange, but all decisions are made by the person himself.
All other bots are not reliable enough. I prefer myself to be responsible for making my decisions in trading than I hope that some bot has finally appeared that will help me earn a lot of money.
That its creators are so generous that they decided to share a similar tool because of their spiritual kindness and a desire to help people for a small fee.
360  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: February 11, 2020, 01:37:37 PM
You are not the only one who faces similar problems. The crypto market has for quite some time been an extremely complex substance for all kinds of predictions.
We constantly have to select more and more new techniques and tools for market analysis. Moreover, not all of them show at least some kind of stable efficiency.

But there is an explanation for this. The market does not live its own life; it is manipulated by large players such as whales and exchanges.
Predicting their future actions means predicting where the whole market will go. Even technical analysis is by and large a roulette in the framework of major global movements.
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