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2281  Economy / Speculation / Re: What is your opinion on recent bull market, will it be over soon? on: October 28, 2021, 11:05:04 AM
if this dumping continue(as today bitcoin again downfall to 50k level) then end year will be bearish like 2018 and 2019 does.
You mean 50k region? Because, I am seeing right now bitcoin is trading above $61k after testing $58.4k levels.

This year may end like how we finished off 2013 and 2017 and NOT like 2018/2019.

There are lots of uncertainty about when and where the current bull run will end up. Some people started speculating like we will have continuation of bull run till 2nd quarter of 2022 and all other are speculating about the same 4 year cycle of bitcoin which means we will have bull run till this December and then bears will get into action which may last till end of 2022.
2282  Bitcoin / Bitcoin Discussion / Re: What's your strategy to carry on making money when Bitcoin turns bearish on: October 27, 2021, 07:16:56 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?

Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Well, sometimes there is no better strategy than just having patience, when you think the time is right. Most of the time I have been able to make huge money from my cryptocurrency investment was due to I had patience when the market was bearish, and when I thought that the market was really down I decided to invest more in the market, because I see it as an opportunity to buy it at a lower price and then wait for the bull run to start.

So, it is up to you if you can have that kind of patience, if not then it’s going to be quite hard for you. Unless you are a day trader, then you have to figure out what’s best for yourself asa day trader and look for strategies that would work.
2283  Bitcoin / Bitcoin Discussion / Re: We enter a new era of heavy regulations on: October 27, 2021, 08:26:25 AM
And what happens if assuming I refuse to give those info? Will be prevented from trading and my account get blocked or something! If there are no other stiff penalties aside from those, I think I will gladly refuse and find alternative, yeah, I guess this will make p2p more popular among crypto enthusiasts. What a calamity.  Roll Eyes
I don't think such regulations are fully enforced worldwide.  I see if this is only in some countries.  maybe the worst news if the regulation is true, many accounts will be temporarily banned before they complete KYC for transactions
But, these are already happening around the world many exchanges currently disabling accounts and few are temporarily banned or sending emails about withdraw your funds or complete your KYC as I already have this issue and my few accounts under temporarily banned situation because they have very strict policy now.

Even Binance is also going very stick with this all in near future we will not able to have any safe heaven for our adventure in this crypto world because day by day regulations are coming for many companies, and they have no choice just accept and banned peoples those don't like this KYC.
2284  Alternate cryptocurrencies / Altcoin Discussion / Re: Cheap coins flying to my attention! on: October 26, 2021, 09:45:03 PM
This month I invested about $300 to buy 6 cheap coins, if we have a little money then the opportunity to get big profits we can only get if we buy cheap coins, and some coins that I have bought and will hold for at least 6 months are Goma Finance, MiniFlokiADA, ShibX, Ecoin, PixelShibaInu and Dexigas.
This is good idea for going with small amount but still if you have time then try to check all details about these coins before doing any investment because it's very important from your list I love few coins and love to invest in them because I also love small investments in cheap coins as this works very good for me to increase my bank for some big investments in near future.

Few months back I try in different way which was good because I mostly buy very low price coins and have buying and selling on daily basis this was also good idea, but sadly just one big shock give me big depression, so then I take break now going to start again with very low price coins.
2285  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will these coins survive 5 years? on: October 26, 2021, 08:43:19 PM
For the next few years, some of these coins (Ethereum and Cardano) are still able to survive they have a good amount of demand and a good market capitalization. As is the case with BNB which is currently the top coin that has a high number of transactions because it is supported by exchanges and networks that are relatively cheap. It's coins like that that are great to keep as an asset for the future.
Right now predicting about any coins is not possible but after watching OP's list I am feeling these all are good and have some good potential for surviving not even 5 years may be can go long because projects are solid, and use case is also very strong for them.

But, if he is able to add some more solid coins like BNB and Solana it's surely going to give him very good profit in long run because these are also very good and bright projects for long term investments. Even market is full of crap, but OP have some better investment and this can be very profitable for him and many others also can go with them without any problem.
2286  Economy / Economics / Re: Do you think crypto will be the future for payments in space ? on: October 26, 2021, 08:00:17 PM
Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?
Maybe in the future things are going to change, but now I don’t think anybody is leaving earth to go and leave on any other planet. Where exactly do you plan to live apart from earth, just fly out and be flying in space or what? Or are you going to be living on Mercury, Venus, or Mars?

Alright, I do know that humans do go to Mars, and some people believe that it is going to be possible for them to, maybe, move to Mars in future, but if you are doing your research on this, you will discover that humans cannot live on Mars now, although it is quite similar to earth, but it doesn’t have all the components that will make it possible for human beings to be living there. If you are to be dropped off on Mars, it is going to be a matter of days before you die.
2287  Economy / Trading Discussion / Re: At what Bitcoin price do you think altseason will start? on: October 25, 2021, 09:08:04 PM
Usually Bitcoin significantly pulls up the alts at some key level. What do you think will be the level this time?
The exact price is not really know, but I hope that it happens very soon. I can't wait for it to happen because right now I am getting to a level where bitcoin became 50%+ of my portfolio even though it was a lot less when I rearranged it, it was 80% when I first started and 20% was ETH and I had nothing else, that was the first time I built this portfolio again, but now I have as much as technically 20 but seriously 10-11 of them right now, which means that there is a good chance they could make me a lot more richer.

I really want to get richer not just because of richness sake, but I want to do another business with it, tried before and failed but I think I learned from my mistakes and the sooner alt season comes then the quicker I could start the business.
2288  Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it? on: October 25, 2021, 08:04:13 PM
What do you think about Saturday and Sunday trading Huh

Considering it with week days which do you see as profitable or they are just the same thing to you.

I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading.
I believe that the reason you might have chosen to be trading on weekends is because of you are always busy on weekdays from Monday to Friday.  As for which day you should be trading among these two days, I wouldn’t really say that any of them is better than the other, I would suggest that you just trade anytime you have the chance to try it as long as you are going to do good analysis on the market and know the right choice to make and also make use of the right strategy for that moment you’re trading to make profits.

As for me, there isn't really anything like a better day for trading, any day can workout for you as long as you do the right thing.
2289  Economy / Speculation / Re: Why Does BTC growing faster?? on: October 24, 2021, 09:09:01 AM
People choose bitcoin due to the innovations it has brought up and it may keep increasing at least 10x on every four years because its supply is getting reduced half on every  four years. If you study the basic characteristics of bitcoin then you will come to know why people prefer bitcoin than other coins and why it has huge value right now and why it is expected to keep going up forever.
At the same time, we cannot expect that all the new people are understanding all the features and innovation of bitcoins but they do adapt bitcoin because it is highly profitable. Moreover, being highly profitable is also another characteristics of bitcoins but it is explicitly visible and could be used by anyone hence it must be playing a vital role on attracting new people by leaving off all other coins.

The expectation of repeating of what bitcoin has performed in its last 11 year must be the inner of point of what I have explained above.
2290  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 22, 2021, 09:08:20 PM
Zimbabwe's career was very good. They have been destroyed only because of the internal troubles of their management and because of the stupidity of the management. Their team had lots of talented players. Many players retire due to management problems and it also hinders the creation of talented new young players. If Namibia's management is experienced, and they really want to improve their domestic cricket, then maybe in the future they will be able to challenge teams like Bangladesh, Sri Lanka and Afghanistan.
Currently, in African continent the biggest issue is quota system which is hurting them very badly in Southern African side because their blacks are in majority but hey are lacking of facilities and many other things now have power but still unable to do some better things. Whites are minorities but still dominant in all ways. Zimbabwe and South Africa also having same issues but fail to change things on merit same problem will be accord in here if they want to bring some good quality and better results than they need to start from very low level and give equal chances to all without any quota or any restriction.
2291  Economy / Speculation / Re: New all time high record | $66,000 on: October 22, 2021, 07:29:43 PM
This is the reason why we need to prepare for something worse since we already experience a huge downfall before and its good to became more cautious about this things since its hard to bag hold. But I doubt that the same scenario like a huge price drop before will happen at this time since compare before and know bitcoin before is not so popular but for now we know that the word about it is spreading across the globe and those information's are converted to demand.
Stop loss works exactly like this. Did you buy at 50k? Put a stop loss at 60k, that way you will be in profit even if it falls low. There is really no way to get out of a trade without a small loss when it goes down, but you could at least limit it to the loss you would make it a loss from profit instead of overall loss. That is what I have been doing and it never really hit the price that I believe it would fall, and I have been in profit for a long time now, over a year. Sure the increases will have a downfall eventually, every increase has a fall like that and will always have one, but the fact that you could predict it and put a stop loss beforehand means you get to stay away from the bottom.
2292  Alternate cryptocurrencies / Altcoin Discussion / Re: advantages in the cryptocurrency industry on: October 22, 2021, 06:48:16 PM
Trading will be the same as gambling if you enter into it without knowledge and always think trading is a way to make assets grow.
Investment will be less risky if you can own the right coins which are already traded on many exchanges with high trading volume, but if you invest in new projects or new coins it will be a different story, can give profits or contrary your investment becomes ashes.
Most newbies are already fond of starting trading when they have got no single experience, and it is the reason why they lose their money, then you will see them saying that cryptocurrency is a scam, and the next thing they would decide that they are quitting. They simply gambled with their money without knowing it. So, it is very important that they learn about it before they go ahead to start trading, because trading carries too much of risks in it.

And as for investment, I think there are also new coins that are good, but you will rarely see them. Since I started investing in cryptocurrency, I am not the type that looks for new coins to buy, I rather buy the old coins that has been around for long and already trusted.
2293  Economy / Trading Discussion / Re: Stocks vs Crypto | What is The Difference Between Crypto and Stocks? on: October 22, 2021, 06:17:20 PM
The cryptocurrency market differs from traditional markets in many ways –  from ownership to regulation, fees, and volatility. The whole industry still has enormous potential for growth, as payment giants like PayPal, MasterCard, Visa and more are joining the cryptocurrency space. It offers a great opportunity to increase diversity in our portfolio.

Let's choose who's more profitable and stable, Crypto or Stocks. Let's decided
Cryptocurrency works for me, so everyone should choose what works for them. That it is working out for me in this way doesn’t mean that it is also going to work for others, because as good as I believe cryptocurrency is, I have still met people who feel that cryptocurrency is the worst investment that they have ever made in their life.  Like you said, they all have their own unique ways that they are different. There is too much risk in cryptocurrency because of how volatile it is, although that doesn’t mean that others doesn’t fluctuate, they also do, but not as much as cryptocurrency does.
2294  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 22, 2021, 03:10:06 PM
Maybe Namibia is playing well, but their players are not experienced. If we compare with Sri Lanka and Bangladesh. The Sri Lankan team is now weak because management has failed to find a suitable replacement for them after their experienced players retired. Now there are a lot of inexperienced players in the team. On the other hand, although there are many talented players in the Bangladesh team, their performance is not regular. This is the main problem of the team. However, their young players are playing quite well.
Namibia current form is good, and they can do some good as they have few very aggressive and good players, but I am not agreed about their bright future because we have some very good performance from Kenya and Zimbabwe but sadly after very short period these both teams disappear from sight and currently Namibia is also in same way their local setup is not good enough like South Africa which can bring some good talented players they need to do some good work for this all right now main problem is their quota system and restrictions between white and black players it's really hurting their all system very badly if these countries can settle these things then surely they will be able to have some good future in cricket.
2295  Economy / Trading Discussion / Re: I need to learn techincal Analysis? on: October 21, 2021, 08:43:53 PM
You don't necessarily need to learn Technical Analysis for investing, as it's mostly for trading. With investing, they just depend on the asset where they can think its good for them to invest and they can surely earn
Yeah technical analysis is for trading and this way for investing we must need to learn fundamental analysis. Still, learning both technical and fundamental analysis at a time is highly recommended as it will help any trader to interpret the market in more effective manner. Fundamental analysis is asset specific but it would be easier to do compared to technical analysis.
That's the key thing that people mistake. Is it important to learn TA and fundamentals in order to make a profit? Of course it is important, it is incredibly important but the reality is that we are in a situation where we are literally making a loss with everything we have to do at times, even TA and FA and everything else, you end up with a loss, or there are days like these days, the past week is a proof that you could make a profit if you are still doing something that is like "feeling" something and removing all the TA and FA because it is easier to make a profit right now.

So that means you do not make a profit just because you do know how to do analysis, or you are not going to be losing money just because you do not know it, it just makes it easier but doesn't mean that it will be the only way to make that profit so it is better to learn it, but not "must" learn it.
2296  Economy / Trading Discussion / Re: Do You Use Technical Analysis? on: October 21, 2021, 05:05:54 PM
Every traders used technical analysis. No one can trade and profit without technical analysis. Even if you can do profit for 2/1 days without analysis. you will lose a lot later
Yeah, in my opinion if you remove the technical analysis part from your trading then you are just gambling and your trading is no more a scientific approach driven one. So, profiting just 1 or 2 days and then losing all the capital could not be considered as a method to follow; only consistently profit making alone should be considered as an example.

I am into mid term trading and I am depending on my technical part for all my decisions. I have more than 80% hit ratio as I do simply stay away from market when my technical analysis is not getting me satisfying signals along with ongoing trend of market.
2297  Economy / Economics / Re: Cryptocurrency: The Future of Finance in a New World Order? on: October 21, 2021, 04:26:59 PM
The power of fiat will be nothing but the fact that it is printed by money machines and always supports inflation or offsets called shortfalls.  It's always like that.  Currently, bitcoin and crypto are still not mature enough to serve as real fiat substitutes but the power of crypto probably doesn't need to be verified.  The future of traditional finance has stood a new sun step by step.
It will be very soon when all countries that cannot legalize bitcoin will be at a great disadvantage.
The Australian Commission is drawing up recommendations to promote the crypto business.
This is new news for Australia. https://www.bloomberg.com/news/articles/2021-10-20/australia-committee-outlines-measures-to-boost-crypto-industry
Power of fiat will always be something strong as long as nations and governments can back it. The "power" of Zimbabwe dollar (or whatever their money is called) is nothing, it is as worthless as toilet paper, in fact toilet paper is more valuable considering at least it is clean, their money always looks like it is dirty and digged out of ground, it is worst money anyone can even imagine in all aspects.

But the power of USD is something else, it is still VEEEERY powerful all around the world, in my nation 100 bucks is a good amount of money, 60k yearly median salary in USA would be a wealthy person in my nation, and that's like not even someone who can afford to buy a house in that nation, I bought a house here while making less than 12k dollars per year. So, "power" of fiat depends on the fiat we are talking about, as long as a government can back it, it will be valuable.
2298  Economy / Speculation / Re: Fomo AGAIN? on: October 21, 2021, 03:29:03 PM
I haven’t thought it could be a new ATH without a big dump to $10k-20k LOL but now we are very close to the new ATH; probably tonight, who knows. I just have realized that I'm in FOMO and get an amount which I could afford. Do you think FOMO is created once again & people are likely to get in? I have sold all my BTC long ago; later on, bought little amount only. Sad I didn’t buy the dip.
Not just you, I have seen many people have done similar kind of mistakes due to unrealistic speculations about the downfall of bitcoin market. Probably if bitcoin was dumped up to $20k levels then probably you might have bought back more than what you have sold before but unfortunately it made a U-turn by $28k levels itself.

As of now, I believe we are slowly getting into FOMO and accumulating anything within your affordable levels is highly recommended because you may not get back to the currently available cheaper price levels anymore.
2299  Economy / Speculation / Re: Is the bitcoin going to burst anytime soon on: October 20, 2021, 09:55:00 PM
whenever we see an important growth in the markets those that are always looking for an excuse to not recommend bitcoin to the people say that this is a bubble, but do we know of any bubble that has lasted as long as bitcoin has lasted and that it has grown so much during the same period? The growth we are seeing is not the result of a bubble but a growth that comes from adoption, but obviously bankers are never going to recognize this as it plays against them.
It is not even the period that it lasted, it is the idea that it supports. I understand that "tulip" bubble made no sense, why they believed a flower should worth that much is beyond me, hell they still care about tulips a lot over there in Netherlands for some weird reason.

Mortgage bubble was literally people who are getting houses with the money they do not have, and remortgage their own houses that they literally own so that they could buy other stuff and so forth, basically it was obvious from start that banks literally gave loans to people that can't pay it back, I could go on, most bubbles do not make any sense at all. Whereas in bitcoin (can't say for every single crypto) we have something that is a currency, a currency that allows people to literally do whatever they want with it, and it is valued high because it is fair and decentralized.
2300  Economy / Economics / Re: Really, why bitcoin has this value? on: October 20, 2021, 09:38:16 PM
If bitcoin could perform well at 30K some weeks ago, then why it worth 60K right now?
The price is not only about how it's performing. The price grows because of bitcoin scarcity and demand. As long as people/companies/countries will buy bitcoin as investment, the price is bound to rise. Also as long as mining is a commercial business and since the mining difficulty is rising, it's more expensive to obtain bitcoin than weeks/months ago, hence the miners will sell more expensive too.

But you do have a point, however: a speculation "component" of the price is (always) there. So I would not be surprised if the price will fall at some point under the current levels.
Don't worry, you do not have to explain the value of bitcoin for too long. Eventually people will realize it has value because we gave it value and it is valuable because we said so and that is exactly how every single thing has a value. It is supply and demand, why does my chair has value? Why did the guy who made it charged me 50 bucks for it? Because I was willing to pay for it, and if not me then someone else would, and if nobody did, then he would be bankrupted, it is as simple as a chair.

You could do it with diamonds, it literally has ZERO value, compressed coal, nothing else, and we ended up with basically nothing at all, it is actually that simple. All in all, people who do not get the value of bitcoin right now, will get it in the future, we did, and we are not some super smart genius level people neither, at least I am not, so everyone else will as well.
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