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141  Economy / Trading Discussion / Re: Popular Investing Strategies for Beginners on: November 22, 2020, 01:13:36 AM
I doubt that having $10k to invest as a newbie would be a smart move to begin with. If you are newbie, you should start investing with like 500 dollars at most, buy one ethereum for example that is around those prices and that is good enough for you to start. That way you could always invest some more later on.

Assuming a newbie has $10k they want to invest, I would say buying 500 dollar worth of etheruem one day, doing it again a week later, doing it again a week later and doing it like that for 2 months basically would mean 8 ethereum by the end of it and you would spend $4k of that. After that you start doing the same for bitcoin, you buy 500 dollar worth of bitcoin one week, and keep doing that until you run out of money. Buying once a week for 500 bucks is a smart move when you have that kind of money instead of going all in.

Well in fact any amount of starting investment will do as long as the trader would be willing to take risk it as an investment. Be it $500 or $10000 in my own opinion it doesn't matter how much it is as long as you can handle it properly and of course trained yourself to accept whatever may happen on your investment. For me, a trader would take investment seriously since money involved but to be honest when i was a newbie it takes me long time to convinced myself how much i am willing to lose i already set in my mind.
142  Economy / Gambling discussion / Re: Gambling Gang uses crypto for illegal purposes on: November 20, 2020, 07:18:43 AM
We live in a time when many people are looking for all kinds of ways to launder money. If they use a betting platform for that, it could make sense.
Then they have to convert it from crypto to fiat, otherwise it has little value. And I don't think gambling companies can afford just anything to accept all kinds of money in crypto and then pay it out to a bank account, for example. There will be stricter supervision of this via a bank account transfer.

Why people think that laundering money is something new?! It's done before crypto, a long time before crypto! And even now with crypto you still need banks, you can't bypass them in laundering process! And of course that some criminals are using crypto, we are using crypto too, it makes many things easier!
There will be a stricter supervision, with that part I agree! Because of some random fools all of us will be monitored, and maybe it's not cool, but it's for our own safety! Do you really believe in that?
Gangs are everywhere around, we can find them in ghettos, we can find them in the white houses....well now crypto gang is coming on the stage and this gang can change everything! Smiley

Be it cryptocurrency or even fiat currency any kind of currency can be able to use in any kind of illegal purposes.  Money laundering isn't new already and it were already a huge problem even before crypto were made. We already know that "money is the root of all evil" that's why it is not impossible to money launderers, criminals or drug users to use crypto in illegal purposes. The proper used of money cannot be imposed to everyone since we have our own personal agenda with the money we have.
143  Economy / Gambling discussion / Re: Gambling is Addictive...Pay Attention to your Gambling Habit!!! on: November 20, 2020, 06:18:49 AM
Not many addicted people in gambling will want to seek professional help advice because they can hide their addiction to other people.
its easy to hide your gambling addiction if your playing gambling online because you can go on your own room or other private places that dont have a people around it but if youv been playing orl casino people will notice you when they see you going outside .

 its still up to the willingness of addicted gambler if he want to follow what his family advices to go to the professional for mental help or not , its his own life and no one can force him not even his fam . gamblers are grown up man , they arent kids that they can easily encourage to stop

Well some of the gambling addict were indenial stage where they keep on their mind that they are just enjoyed what they do and not relevant to connect to an addiction. They never admit that they need a professional help but the one who can seen it was the people around him. This for me was an alarming stage of gambling. Thats why we should be aware on the action of ourselves and pay attention to whatever our family or friends have been observed to us.
144  Economy / Trading Discussion / Re: Which is the secret to success in trading? on: November 20, 2020, 05:10:42 AM
Success would particular talk about;

• Hardwork, patience, effort, mistake acceptance, doesnt chase up losses, always stick to plan.

When it comes on secret then theres no secret but there are characteristic on which someone should have because you wont survive into this market
if you do lack these kind of mindset or qualities then expect yourself to fail.

Truly there is no such a secret tool to become a successful trader in crypto but the only weapon that each and every trader has was itself or ourselves. How we input such an effort to be able to learn to trade, hardwork and patience. We all being used to say this line here in crypto that "patience is a virtue". The next step was the execution, how do you apply those things that you've learned base on your own research. And another most important thing is how could you control your self.
145  Bitcoin / Bitcoin Discussion / Re: Which is more important bitcoin or fiat? on: November 20, 2020, 04:39:10 AM
Both of them have a different purposes in this world and decentralize is one of the main key features of cryptocurrency.

People are now considering the use of cryptocurrency due to its features and we can build a lot of business through it.
Since crypto has placed a good role in the market, and both crypto and fiat are definitely good for the increase of the economy.

Fiat and bitcoin were exist in different areas. Both currency for me has its own significance. Bitcoin today was the rising good investment currency that offers a good profit but the only thing that hinder the big break of crypto was the fact that it was a decentralised currency. As of the moment fiat were mainly the most widely used currency all through out the globe which of course each country has their own currency that used inside their country.
146  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do not trade Alts with BTC these days, You will just lose on: November 19, 2020, 03:27:32 PM

Some surely fill their bags already and now waiting again for the rise of some altcoins which might take time to happen as BTC dominance is showing no signs of slowing down. If we have some spare funds, it's good to consider picking some worthy altcoins today aside from having BTC holdings.
That's right, I think it's not wise to invest all assets in bitcoin at this point. We should split our assets and invest in different projects, although that may prevent us from getting the maximum return, it makes it safe.
It's best to never put all your eggs in the same basket
It depends on our risk management, Because trading is a one kind of gambling. But we have easy to get a good profit in Bitcoin in current rush hour. But those active in day trading they know how to make a good return in short period. The current market is targeting the golden egg so BTC is better egg in this year. May be those are not believe the BTC they can choose the other altcoins.

Some says trading was different from gambling well for me the two only sounds different but they have same purpose and also has same strategy on how to win in it. At this point is where i can say that it is really a good time to trade bitcoin and rest assured that you may get a profit. This is the time where if ever you are needed money you have that assurance that you may get your expected profit.
147  Bitcoin / Bitcoin Discussion / Re: Bitcoin in a good shape? on: November 19, 2020, 02:36:57 PM
I hope you've been back early this year when the price is still cheap and able to accumulate more cryptos. Bitcoin price is now getting crazy and been multiplied multiple times.
Bitcoin has a slow recovery from $4000 (bottom) and it finally reaches its bullish stage, and we are heading to another ATH. It is likely to see that we are totally in good shape this time. If we are investing in Bitcoin early this year, we are making a huge profit this time.

Bitcoin today were in a real good shape, and finally after two years where the time that he lost too bitcoin made its way back up to $17000 market value. He probably missed out the first flight of bitcoin this year, we can actually asks him where did this man have been but Well its not too late for him to invest in bitcoin i guess but the idea that he would probably give out a huge amount for investment especially aiming to get bitcoin.
148  Economy / Trading Discussion / Re: who actually moves the price of bitcoin? on: November 19, 2020, 01:03:02 PM
The better question to ask is what moves the price of BTC?

The response is simple: supply and demand. And the players in the filed such as whales, institutions, investors etc are contributing to tipping the market of demand and supply, and what seems to be happening now is that demand is much higher. This could be to these players speculating that BTC will go up in value. This in turn creates a positive loop whereby more and more people now become interested in buying for fear of not losing out, reinforcing the cycle.

No one can actually made a big impact or movement in bitcoin price. No certain person can made it but only the demand and supply of the bitcoin could make it moves. Thats when whales, investors and traders can made a supply and demand varies there is where the bitcoin prices start to varies to. What i mean no certain person or group of whales can made a big impact but it is we the member of the community of crypto made it moves.
149  Economy / Gambling discussion / Re: A gambler living in England makes a $5M bet on Trump on: November 19, 2020, 12:17:02 PM
That's a very huge amount of money. I'm sure that that person has been doing gambling for such a long time that he's able to bet a very huge amount of money. There will surely be regrets if he lost but I guess he will still be able to handle it well. It will only take a few days for him to know the result. He'll be lucky if Trump would get a chance to win his candidacy again.
Trump has lost the election and this gambler has lost a huge amount of money. But I think he has a lot of money. Otherwise, he would not have bet on such a large amount

The election result was been out already a few days ago and Yes he do lost a 5million bets on this election but i bet that this man has a lot of money thats why he didn't doubt to put such a huge bet. I am wondering now what does a millionaire feels whenever they get failed on betting sports like this? Did they feel the same way as how we feel whenever we get lost our bets even if our bets was just a small amount.
150  Economy / Speculation / Re: Bitcoin will be hitting to $35000 soon - Buy it today!! on: November 18, 2020, 02:44:12 PM
At least this prediction is more realistic compared to those who claims that it would hit $100K or more.
It could happen but we couldn't be so sure what if we also experience the same thing as 2017 when the price suddenly go high then falls down up to $3.8K.
I am not saying that it would repeat but we couldn't ignore that there is a possibility that it could happen.

A $100k value prediction of bitcoin were too long way to wait for it to happen. Though for me $35000 were to high to be a basis of predictions to be the highest value of bitcoin and be able to beat the 2017 highest peak value of bitcoin of almost $20000 but i do believe that anything were possible in bitcoin. I am also convinced that this might be possible since bitcoin now are well known already and the soaring high of its value are keep on attracting investors. So more investors and traders the high its demand, the high its market value become.
151  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin always remain an investment vehicle? on: November 18, 2020, 02:01:43 PM
I start to believe it'll remain primarily an investment vehicle.
LN should have made it a coin for everyday payments, but I think that its version "for everybody" will be available too late. And by too late I mean that since the institutional investors are also in, by the time it should be use for everyday payments it'll have quite a "lack of liquidity" (even knowing that it has 8 digits after the decimal point, this could be an issue, for example when banks will buy it to replace gold)
I think bitcoin were merely made as an investment vehicle and so far i didn't have any suspicious where else does this suitable for since we are been used bitcoin as an investment. So far nothing regrettable to those who have decided and didn't doubted to invest in bitcoin way back when this was in its starting point. And who would've thought that this might go this far a cryptocurrency hitting a $17k value.
152  Economy / Services / Re: [OPEN]Adkinsbet.com | Signature Campaign ~ 30x Hero/Leg Members - 0.0035BTC/Week on: November 18, 2020, 12:13:36 PM
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153  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you fear the president of your country, one day, making Crypto illegal ? on: November 18, 2020, 10:56:24 AM
I don't think it will happen in the future, I think the opposite will happen, If there a president who going to make Crypto illegal then it's the president who is culprit or ancient Cheesy  Because the current economy is based on industrial world 4.0 where many robots or internet working, so I think the right internet money today is Cryptocurrency.

For now i didn't hear any news update regarding cryptocurrency issues here in our country. So far bitcoin or crypto here wasn't illegal nor legal but the mere fact that we can freely accessed and worked with crypto is much better to think of. As of now i have been read some news but not really came from the president but came from one of the persons who was in a government position that they were open for this said issue.
154  Alternate cryptocurrencies / Altcoin Discussion / Re: Will central banks create their own digital currencies? on: November 18, 2020, 12:18:48 AM
"Will central banks create their own digital currencies?"

Yes, of course they will, there are no options here.
These are not random events, but necessary changes, without which it will be difficult for the world to develop further.

With the news with citibank citing bitcoin as a 21st century gold then it's no doubt that banks can really see its potential and soon they might consider having their own crypto, it will be a centralised coin that can be used by their users as well by the government. Many governments already have planned to create their own cryptocurrencies and for these to be possible banks maybe needed to run the idea of those countries planning it.

Sooner or later, they will release their national cryptocurrencies.
And then the question will be, do we need Tether?
It seems to me that it will lose its meaning.

Definitely for me it were already have a high chance of probability that central banks will going to create their own kind of digital currencies to launch on in line with a continuous progress of money transactions. But as of now i couldn't figured out the consequences of having each nation their own digital currency since well i have this gut feeling of mine that those digital currencies will only applicable inside of their country. But no one knows if it is going to be a rivalry of bitcoin in the crypto world.
155  Alternate cryptocurrencies / Altcoin Discussion / Re: We need more decentralized stablecoins on: November 17, 2020, 04:55:37 PM
We do not need more coins to make things better, we need the ones we have to be better at what they are doing. For example we have one right now that is getting traction right? What we need is not a competition, what we need is that one to get better. However the sad fact is that unless there is a better competition, the ones we have never grow to be better.

Look at all the ICO's that was created during 2017 period, they were all copy cats of each other, so the competition doesn't always make things better neither. Which leaves us at a very difficult position, if there is no competition the ones we have do not grow, but if there is competition it doesn't guarantee something better neither, so we are left with absolutely no choice but to wait for something better to come along.

Yes i bet that we didn't truly need a more decentralized stable coins but we need a better coin that even it was a volatile but the mere fact that we can generate a profit from it were already enough reason. And this cryptocurrency was one of the main reason why i do believe that stable currencies sometime didn't give us the profit that we wanted though crypto could give to us but not that easy as it seems.
156  Alternate cryptocurrencies / Speculation (Altcoins) / Re: when is the right time to buy cryptocurrency? on: November 17, 2020, 03:48:11 PM
It is difficult to say when is the right time to buy crypto because it all depends on the market conditions and also the project of the coin or token. There is a risk, whenever we buy, when the price seems to start rising, there is a risk that people will dump so that the price falls back down. In my opinion, the most important thing is that we prepare the best possible analysis and choose coins that have a large transaction volume and are traded on large exchangers
Buying cryptocurrency has no perfect time because it all depends in your own deep analysis and if you think that the price is right and affordable, then you can start buying. Just never expect to make quick profits because there is no guarantee that you will end up making profits or end up the other way. I think it's a matter of taking risks. Once you invest in crypto, expect the best and worst outcome and be ready for it.

That's why each and everyone wanting to join cryptocurrency should render itself a deep technical analysis about the market because it will be their best key to learn in trading with their own. And in fact there is no such a perfect time to buy cryptocurrency because it was also depend on how much could you willing to risk to buy bitcoin since we already know that bitcoin value were keeping soaring high and this was a great indication in a world of cryptocurrency.
157  Bitcoin / Bitcoin Discussion / Re: HODL ₿itcoin for Life, not for Lifetime. on: November 17, 2020, 02:57:18 PM
Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.

So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.

What's your opinion? Should we HODL for Life or for Lifetime?

HODLing should also depend on the situation of the user. Most users are only using this Cryptocurrency Industry as another source of income but for some, it is their job. HODLing for Lifetime is not logical since nobody got time to do everything till their old so it would be useful for them to get their money anytime they want to use it since values can either rise or drop.

Definitely hodling term of bitcoin or even litecoin of an investors and traders were depend upon the urgency of needs or situation of a user. Cryptocurrency has a lot of perspective use but as of the meantime this was being uses as a part time source of income of some of us here. Sometimes hodling were not advisable if the chance of trading in the market were absolutely good for trading. And also, personally i didn't hodl litecoin for long time, i would prefer bitcoin for a long term investment.
158  Bitcoin / Bitcoin Discussion / Re: lets imagine world without fiat currency on: November 12, 2020, 03:32:22 PM
if Bitcoin is used for everyday life what about the transaction fees?
when buying a box of milk it will be charged a transaction fee whether people want to use it,
they are comfortable with Fiat money without transaction fees
Honestly speaking I can't even imagine living everyday without fiat because it is the traditional way of paying or purchasing something and besides we used to pay or buy something through fiat and for me it is very impossible use bitcoin or any other crypto currencies when paying or buying something because not all of us are techy most especially the old people. Don't know how to use technology so how they can use cryptos currencies for their daily living?.
159  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs more women. on: November 11, 2020, 11:58:14 PM
Last time I checked I did not have to send a photo of my genitals to play Bitcoin, apart from Bitstamp. If women are less interested that's on them. It's there waiting for them just as it is for the fellas. The vast majority of males are just as absent too.
Gender discrimination? That's wrong. Gender isn't something about the things that the men can do and the women can't do. There are things that both women and men can do. And for me here in cryoto world,  both men and women has their own privilege to work here as long as they want to because they are both humans with free will and skills.
160  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to call the people into crypto on: November 11, 2020, 10:39:59 PM
Even if we promote bitcoin or crypto currencies in our own places, if where we lives are not that aware when it comes to crypto currencies, how does it works and what are the benefits that we can get from using it, mass promotion is useless. I think the government should adapt the usage of crypto currency first in order to encourage the people of a certain state to join here in crypto world.
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