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21  Economy / Trading Discussion / Re: Never catch a falling knive on: February 24, 2021, 10:13:49 PM
Good traders focus not only on Bitcoin, but a few coins with good potential and ongoing development. For example, Ethereum, BNB and several other coins that are in the top 10 of CMC.

Bitcoin is only the main price reference because Bitcoin movement affects all altcoins. Bitcoin is more promising, but there should be some coin backups to choose from for other benefits, when Bitcoin is sideways.

Diversifying a capital and not investing in a one basket alone was already a common tactics of a business investment even in a real business and this was applicable in any areas of business and investment. Here we have now a price correction a lower than almost 3% from the last ATH of bitcoin. A sharp knife falling indeed, and yeah if we can't decided wisely how we will gonna respond to it, we will ending up hurting ourselves by wrong
catching up or pickingg up of the knife.
22  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The price of Bitcoin broke $40,000 for the first time. on: February 24, 2021, 03:36:32 PM
That correction isn't a lot. We get to see it from time to time whenever bitcoin has moved to the top. Having that said, $60k could be the next top that we might see once this correction is done.
Get yourself some cheap bitcoins while you can or we might not see the lowest that it did for this day.

I guess everyone are waiting for a price correction but i do bet that the price correction was only just a little correction. And it all because bitcoin was now already a trend and the market value were keeping on surprising us who would expect that it would cost a $50000+ each bitcoin and no doubt that it will keep on pumping. And no one knows when this bullrun gonna stop. Aside from the fact that it is volatile also it was unpredictable so expect the unexpected.
23  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is this the right time to buy? on: February 24, 2021, 08:18:08 AM
There is always a chance to make money from some altcoins, l think the time is not necessary, to make the right choices is more important than the right time. There are above 10k cryptocurrencies, some of them are great for short-term investing and others can be the best for long-term investing. While choosing any coin for investing we should calculate and of course analysis. For this reason, l do agree with your opinion.

I guess too that time wasn't necessary to consider at all but for me the main concern was your ability how to look for a good crypto or coin to buy and your capability or the availabilty of your budget to buy it at all cost and time. There are a lot of alternative cryptocurrency but only few are worth it, what really matter is how you would choose and how you would establish a good analization to the propose crypto and also how would you properly handle it especially when you were going to make it a long term or a short term investment.
24  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could ether hit 100k? on: February 22, 2021, 03:07:37 PM
Is it possible for ethereum to be worth 11 trillion in the future?
And you want to fee $100 per transaction? I'm not going to like it anymore, I have to choose another altcoin instead, of using ETH.

Anyway, OP was so very optimistic. We can't see it in a real thing for sure even though we think about unpredictable prices. We don't need a high price to get attracted but we need to have a sustainable market and that we should suppose to see on ETH. We are crying about the huge fees and that much more if the price will soar high more than to the price we have today.

Ethereum was a potentially altcoin that was good for investment and good for trading however its reputation as good cryptocurrency was being hit down because of its drawback having a high transaction fee. I am optimistic too for a good future for ethereum and was also hoping fro a high market value (hoping that ethereum will having a market value of 100k) but i guess exchanger should consider to be fair with the transaction fee charge.
25  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which will be the most valuable altcoin? on: February 22, 2021, 02:03:04 PM
There are numerous altcoins and agree most of them have a great potential to be the best. But l think we should make a good research before investing in any project. You can be right about your prediction, however, l mean top altcoins have more chance to be the best than other cryptocurrencies. Your method is really super, at least 200 of the top lists like ETH, BNB, XRP can be good choices.

There we have a numerous altcoins in list indeed! But among the list there we have a few or a number of effective altcoins that was worth to invest. We only have to make a deep search about the project so we can figure out if it was worth it to invest. As of now, we have of course our top on the list the ethereum, BNB and XRP but i do eyed on DOGECoin. I think this cryptocurrency has a potential to become a good coin ahead.
26  Economy / Trading Discussion / Re: what do i need to be a successful trader ? on: February 21, 2021, 09:28:31 PM
And that is not to wonder why they keep losing, they would like to claim that this strategy not working but deep inside, they are the ones who are incapable of doing it.  
If we would like to win this challenge and to proclaim ourselves being successful, we definitely have to change and see's what is wrong with our strategy, pointing out our mistakes and have to correct them. These tools that OP had mentioned, can be useless if we don't know how to use them.

Greediness to earn as much as you can while the effort and your skills doesn't suit to what the crypto needed then you can be fall to the trap of unsucceeded trading. Patience always lead to a good result and waiting isn't boring if you did right while trading expect that you may get of what are you trying to work hard for. Also, trading wasn't easy as it seems, being a trader has the essence of having your own techniques and characteristics, patience, skills and time so you can be successful on your attempt trading.
27  Bitcoin / Bitcoin Discussion / Re: Something to consider when selling your BTC... on: February 21, 2021, 05:37:33 PM

Right, money isn't just for hoarding, it's for spending too, and with this bull run a lot of people can use their new wealth to achieve some of their goals, like buying a house, a car, taking a trip, even just buying a new phone.

Also, everyone is forgetting that Bitcoin is a high-risk investment, so it can make sense to sell a portion of your BTC and invest in something less profitable but more reliable - this way instead of checking the price every 20 minutes and worrying if it will crash or not, you can be making guaranteed profits.

Everyone are aiming to get a proper or much better a higher profit in selling bitcoin. But we can't deny that the demand of bitcoin today gets high and as long as the huge personality of rich man in the world are keeping on promoted which every member of the society are wanted for bitcoin to be known by a lot of people and became a business method of payment, salary and so on. But for me this time isn't a perfect timing to sold bitcoin. If you can still handle your family need dont ever touching or selling your bitcoin or it os better to keep it on your wallet
28  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC Dominance increases again and what happened to altcoin? on: February 21, 2021, 12:53:54 AM
At this moment, some altcoin are also having price increase but I still doubt that a correlation exist such that Bitcoin's market value is directly affecting the market price of the alts. Wherein there are times one is increasing, and the other one is either neutral or decreasing. There are also times wherein both are either falling or in upward motion. The market price is just dependent with the demand itself as well as the market volume. Dominance over the other one? Well I guess that's not how the market prices, work. I do view it as a market movement in general, and not mainly dependent to only one crypto.


I remember the day i enter the world of cryptocurrency, bitcoin was already the dominant crypto and next on the list was the ethereum. And now, we still witnessed the dominancy of bitcoin and it consistent because as time goes by the probability of consistent dominance of bitcoin increases because of how it reacts to the crypro market now. Bitcoin are keep on soaring, but what i have observed a good thing that happened to altcoin was some altcoins are also increases their market value as bitcoin goes up. Though it isn't that high compare to bitcoin, but i guess i am satisfied seing a market of altcoin in a green arrow indicator.
29  Economy / Trading Discussion / Re: Is it really a benefit that nobody controls the price? on: February 20, 2021, 10:10:06 PM
Actually, the price in the market are inflected by the market itself, the supply and demand in the market will really give big influence. However, sometimes, whales or certain people also give influence and may control the market if they really have the big amount of the coin itself. However, I don't think that they can control the whole of the market. This is so complex if they are able to control all the market. This is not like a centralized system, this is decentralized or semi-decentralized where everybody can give influence to the market. It may distinguish on how big the control or influence.

Well i guess knowing no one had any control with the price of bitcoin was somewhat beneficial but the only concern of traders and investors of bitcoin was its volatility that make it i guess makes bitcoin as what it was, a trendy and in demand investment asset today. It is true that the only thing that could make the bitcoin market inflected was the supply and the demand of bitcoin and also the rising member of the society that are really into investment of bitcoin, some were a big personality in terms of business.
30  Economy / Gambling discussion / Re: Manny Pacquiao offered $10 million to fight Terence Crawford on: February 20, 2021, 09:37:38 PM
$10 million is a bit low isn't it? Is this amount even confirmed? I heard that Manny is asking for $40 million. If he manages to get a fight against Floyd (looks impossible as of now) or GGG (the weight difference is an issue), then he can easily rake in at least $100 million. Anyway, if he wants to use the fight against Terence Crawford as a preparation, then it is OK. In that case he don't need to worry much about the money.
Woahh $10 million was only a 2.5% of what Manny Pacquiao's asked for in return of him. Maybe he should consider of somehow a much fairer diversified price offer to Terrence Crawford. But any way knowing that Manny Pacquiao already made a plan to get back on a boxing ring it was a good implication for me to excite watching boxing again. I didn't hope that in future or time will come that the r3match of Pacquiao and Mayweather may be scheduled, don't think so that Mayweather will consider Pacquiao's offer after he already defeated Pacquiao on their first fight.
31  Economy / Speculation / Re: Owning One BTC In 2035 Will Make You A Millionaire on: February 20, 2021, 08:56:10 PM
For some people in other developing countries, having 1 bitcon now can make them millionaire (not just having 1 million but having millions in their account).
I agree to save up little spending for Bitcoin till it becomes hard to purchase but not borrowing from the bank especially if the borrower has no stable means to pay back. Remember the interest keeps increasing.

Here in our country owning a singke bitcoin if it would going to exchange it in our currency it could already make me as a millionaire. I don't need to wait for 2035 before i can become a millionaire because the bitcoins market value today was enough to announce myself as millionaire. However, sad to say that i will wait for a years before i can announce to myself becoming a millionaire because of high market value of bitcoin it is also difficult to buy your own due to high demand of the market.
32  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin Failed as Money? on: February 20, 2021, 08:16:10 PM
Well, we can't do a lot of things with bitcoin if we will be considering the fees especially if we will be talking about payment methods. There are a lot of exchanges that offer free transaction fees but I don't think all of us would be so happy to transact their bitcoin into exchanges. Right now, it is more of an investment asset rather than money.

Maybe we could work something out in the future. A future where we usually use bitcoin without having a problem with it.

Bitcoin was created by Satoshi as a currency, its bases to made such kind was a currency, but he had already formulated to made a currency that will be transacted via online processes. Its an alternative way of paying bills and such with these currency, with these money. And i think Bitcoin hadn't failed here as money, it is a now a trending way of investment and asset but as of now we are being concerned by the transaction fees which very alarming because of high transaction fee of bitcoin.
33  Bitcoin / Bitcoin Discussion / Re: In the early days of Bitcoin ... on: February 18, 2021, 04:22:37 PM
It's normal on the early days of bitcoin that people are mining easily coins but to be honest they don't know what they are mining or else they didn't know what to do on the coins that they are mining. They didn't know what would be the purpose of every coins that they are getting because on the early days it doesn't have any value but right now the value of each was very expensive. Even me, I will not go for mining with a no value coins but if they continue they might really be a multi millionaires now.

I just remember the old early days of bitcoin were bitcoin were given for free but yet small amount but the mere fact that it is free were amazing compare today that you could only have your own kind of bitcoin if you will going to pay or buy it at an amount which is now currently amounting to $50 000. That is why there is no doubt that miners could mine a 50 bitcoin because at that early age of bitcoin no one knows that this coin will become a world trending crypto, that this coin will having such high value.
34  Economy / Gambling discussion / Re: New Government Rules Mean No More Gambling Sponsorship on: February 18, 2021, 03:21:02 PM
I don’t get what the government achieves by doing this?Maybe they are trying to lower the exposure to gambling from fans and television fans but this will not be effective.The majority of gamblers are from the internet and not from tv ads.The only impact this will have is lowering the yearly revenues for many teams,not a great move by the government.

Even government suspended or make a law to vanish gambling sponsorship to be aired on their national media televison still the promotion for gambling can be done in any kind of social media platform that we have nowadays. And im fact even if gambling businesses didn't promote their games in a television gamblers were still a gambler and they will make a way to become a partly member of the said gambling that they were being entertain and attracted even without sponsorship.
35  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: February 18, 2021, 01:04:35 PM
Knowing the details about the team may increase your winning percentage, but it can't guarantee you a win. But you can do better in sports betting if you check the team properly and you bet on that team. I have seen many gamblers doing well in sports batting because they bet in the right way.Those who bet a little more carefully in sports betting have a better chance of winning, because there the player can take the bet using his own knowledge.

Of course, no one can guarantee a win... And no one ever wins in all bets, it's just unrealistic! But knowledge always helps... For example, if you know that a soccer club will not play the main striker or defender, or someone was injured... All this will increase your chance of success!

Yes atleast you have the idea whether that team you're going to bet on was striking high chance to win the game or not. At the same time, we have our own favorite team that we are comfortable and trusted our principal to bet on because you already know how they play, and you know that the player are good enough ro make the best out of their game. This gives you an increase of chances to success in betting.
36  Economy / Speculation / Re: Cash out or HODL - Bitcoin? on: February 18, 2021, 10:44:13 AM
Different people have different plans when it comes to Bitcoin.

There are some here who are holding Bitcoin just for the short to mid term and they will sell all of their holdings whenever their target price to sell has been reached. There are some who are like me. Holding Bitcoin for long term and when I mean long term, it is at least 5 years of holding to maximize the profits.

And also different people has also different needs to be sustain and from here we can justify if we will going to hodl Bitcoin for a quite long time because of continuous bull run or we will going to cash it out to meet our needs. Some of our members here are depending to support their need in Bitcoin especially now in times of pandemic where the unemployment gets high. I guess if one person should only have a choice they were going to choose to hodl their bitcoin.
37  Economy / Trading Discussion / Re: Don't stay on with a wrong trade on: February 18, 2021, 03:20:35 AM
If we find it hard and notice that our strategy never works, this gonna be the best solution to that...
Quote
1. Stop the trade
There is no need to force ourselves if we are not fit for this. If we saw that many had success in trading is that because they are destined to become a trader and they are working it hard before they come out with that faces.

The question is, did you do that? Because if not, then you can say that aiming to win without doing it something is just a dream only. Maybe we can take a look at that and try to assess ourselves if this is really for us or not.

We all have our own kind of strategies and techniques in trading but sad to say sometimes those strategies we have didn't work for that plan A so we should always have a set of plan B in case. For me life in trading is a constant trial and error that's why we should always choose our decision wisely and also learn to become flexible when the strategies doesn't work well. Though we can save some ideas and strategies from other traders but we can't say that their strategy will work on us.
38  Bitcoin / Bitcoin Discussion / Re: Can we get another golden oppurtunity to buy? on: February 17, 2021, 03:07:13 PM
People are patiently waiting for that moment but the question is when that huge correction to take place? because for me, if I have enough money to risk, I'll start buying now. Not really a good price to start as we are still in the bullish season but many people say it going to $100k soon which is a possibility to double your money.
The risk is too high but we are doing this for many years, and the price moves high in every Bullrun thus, if we are a long-term holder, it gonna be fine.

Indeed, people are patiently waiting for price correction and even me, i do also waiting for a big price correction but i guess these won't going to happen for now because investors actually huge potential investors are keep on entering cryptocurrency world especially investing in bitcoin. To be honest, this is the best time to buy bitcoin but if and only if you have the potential to avail bitcoin at that high price. At the moment we are only differ from the previleges to buy bitcoin or just wait for the price correction.
39  Alternate cryptocurrencies / Altcoin Discussion / Re: taking profit can be hard sometimes. on: February 17, 2021, 01:27:41 PM
In the field of investment and being a trader it can be said that it is very risky so be careful in choosing the projects you want to join it is difficult to earn in trading especially if you do not have much knowledge and what altcoins you will buy others are experts with them so it is easy for them to earn big you think will be satisfied with your future profit and do not be greedy.

Joining in a project without a deep research about it and of course has a questionable credibility was a total risks indeed. But of course as a trader and as investor no one wanted to join a game without having any knowledge about it right. And for me the most hardest part of earning a profit here in cryptocurrency was the eagerness to earn much which of course this could be called as greediness. Though everyone wanted to earn high profit but sometimes this needy is what makes it hard.
40  Economy / Speculation / Re: When BTC Bull run will end? on: February 17, 2021, 12:20:14 PM
Even we get back to $30k or $20k, it wasn't the bottom yet. I still consider this is in bullish season. $50,000 is near to touch but it is too hard to reach. Many people are buying, rich people are investing Bitcoin but we can't deny also that many investors are selling their Bitcoin. They are pulling the market down.

But even we can't break the $50,000 resistance, the market still healthy. It seems impossible to see the market goes down to the dip once again for easy. We're not sure of course, but these institutional investors stopping this. Thanks to them.

Well i guess that even the BTC encounter a price correction it wouldn't goes down somewhat like  the price dropped up to $3500 happened way back year 2018 after a 2017 ATH. No one knows when this bull run will going to end but i guess this would not going to end in a point of its lowest and i guess this was all because of pandemic. This is what makes bitcoin known by many especially investors and the richest man on earth even considered investing in bitcoin.
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