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1  Economy / Trading Discussion / Re: Margin trading. Where to start? on: May 20, 2020, 06:41:22 AM
Bitmex is a great platform with a small fee (about  0.075% taker fee)
2  Economy / Trading Discussion / Re: What are the best online resources to learn the divergence strategy? on: May 20, 2020, 06:23:16 AM
I would like to learn to trade crypto profitably on the 4 hours and the daily time frames with the divergence strategy. What are the best online resources to do that?

Specific things I'm looking for:

-Good and complete documentation on this strategy and the related concept.

-Informations on how to spot the best token each day to trade with this strategy

-Livestreams or Youtube channels of legit and sucessful divergence traders with good advices.

-The best tools right now to help trading with this strategy

-Maybe some coaching too later if we could agree on a deal that make sense...


Also, I found some random tutorials on Youtube about the strategy but some of them are from Forex traders. Are there any big differences trading with divergence on the forex and the crypto market?

Thank you!

I've learned a lot from Udemy courses. Some of them are really good.
3  Economy / Trading Discussion / Re: Your Best trading platform is? on: May 20, 2020, 06:16:25 AM
Crypto exchange platforms.

I've been studying the exchange platforms available for crypto trading and I saw a list of ten top crypto trading platforms from Cryptodetail.

I'll list below in order of rating.
1. Coinbase
2. Binance
3. CEX.IO
4. Localbitcoins
5. Bitfinex
6.Bittrex
7. Kraken
8. Coinmama
9. Changelly
10. Prime XBT


In that ranking order we can see that Coinbase is the top and probably the best trading platforms. I found out that coinbase doesn't only offer trading services it also license other businesses to use its API for crypto payment related transaction.

I want us to discuss on the following areas.

1. From your experience which of the trading platform has great features and epic user experience (UX) that new traders should learn to use.

2. What is special about coinbase that almost all the website are ranking it to be the best crypto trading platform?


Coinbase is currently one of the best exchangers on the network. It is trustworthy, reliable, and easy to use even for beginners.
However, the main drawback is its availability only for some countries.
4  Bitcoin / Bitcoin Discussion / How to start accept cryptocurrency on your site on: May 19, 2020, 09:17:28 AM
So, you have got a request from your clients to add crypto as a payment method on your site. Here is a short guide on how you can do it.  Please, bear in mind, there is a big difference between crypto payments implementation and simple identification of your crypto wallet number on your site. And I am going to tell you about the first one.

Pros of cryptocurrency accepting
  • No chargebacks. Actually, the clients can get back their money in case of dissatisfaction with your service. However, it will not influence your chargeback ratio.
  • Low transaction fees. If compare it with credit cards.
  • No license required. If your business requires a license to start accepting credit cards, with cryptocurrency you can forget about this rule.

You have two ways to start accepting crypto:
Way № 1. To settle accepting crypto payments by yourself. The control of your  funds will be only in your hands, at the same time, here are some things that you should consider:
- Choose the right service (hardly you are ready to develop your own payment platform by yourself there are plenty of white label solutions for your needs)
- Create wallets of all sort of cryptocurrency that you would like to accept
- Think about pay-out strategy
- Be able to check the validity of all the calculations in the flow of payments by yourself
- Keep in mind your country's regulations. For example, Portugal and France, are crypto-friendly countries, while the U.S.A and the United Kingdom have their own list of rules and restrictions. It depends also on your business industry.

There is also Way № 2 in crypto payments acceptance
Reach out to the Payment Service Provider. These are special fin-tech companies who can help you not only to start accepting any type of payments online but also to be responsible for your reputation with the Payment System and operate your funds. Most of the payment providers not very crypto-friendly, but some of them are.
When is it better to reach out to the PSP? When the sales volumes are high, and your clients wish to pay with crypto.
Here are some benefits from collaboration with Payment Provider:

1. Simple fiat withdrawals. No need to look for a place where you can change your cryptocurrency. Save your time.
2. One account where you can control all your crypto assets (in case if you would like to accept not only bitcoin).
3. Easy and simple back office tailored to the needs of your business -?
4. The experienced team that knows well what integration fits your site.
5. Avoiding situations, when the crypto payment gateway closes your account without warning because of suspicious transactions.
6. Special monitoring features that help allow you to navigate through to control payments and track conversion rates.

Now you know a little bit more about online crypto payment acceptance. You can choose by yourself what method is better for your business needs. Sure thing, this thread doesn’t cover all the nuances. All the questions and discussions are welcome.
5  Bitcoin / Bitcoin Discussion / Re: How big is Bitcoin compared to all world's Money?? on: May 19, 2020, 05:51:55 AM
For me, bitcoin is much better than the real money at the moment. Because of the volatility, it became an advantage of bitcoin to other real currencies. It also became an opportunity for everyone who wants to earn or to have savings in the future as well. This might be the reason why it became big to them although so far it was a virtual currency.
Agree, fiat money has become more volatile and this may give a new impetus to the growth of cryptocurrencies.
6  Bitcoin / Bitcoin Discussion / Re: I Explained Bitcoin to J.K. Rowling on: May 19, 2020, 05:46:58 AM
Quote
Rowling is presumably done with Bitcoin for good—leaving the crypto crowd to rue a missed opportunity. As trade publication Decrypt noted, “The geeky kids from the economics class tried their best to woo the literary type from the book club. It didn’t go well.”
https://fortune.com/2020/05/18/jk-rowling-tweet-bitcoin-elon-musk-crypto-twitter-old-fashioned/
7  Bitcoin / Bitcoin Discussion / Re: Isnt a problem if China has 68% of the hashrate? on: May 19, 2020, 05:08:22 AM
Since Chinese President Xi Jinping has publicly supported the blockchain, it can be expected that China’s share will become even bigger. It will be one of the ways to control technology in the absence of competitors from the United States.
8  Bitcoin / Bitcoin Discussion / Re: Am feeling Regret on: May 19, 2020, 04:57:57 AM
Now Bitcoin is trading at $ 9,134, and over the past month, it has risen in price by 28%. However, the bitcoin currency is unstable, and according to forecasts of the BitMEX exchange by the end of the year, it can range from $ 2,000 to $ 15,000. Most experts believe that the cryptocurrency rate will grow, but tries to be careful in their assumptions.
9  Economy / Economics / Re: Btc going to 2k or 3k or 7k or 9k on: May 12, 2020, 04:52:53 AM
Based on the statements of Pankaj Balani, CEO of Delta Exchange, the bitcoin market is in a pretty good position. He argues that since there are significant rates of currency fluctuations, the way out of the crisis will also be quick.
Bitcoin may even rise in price due to the crisis. Banks stimulate financing and increase the money supply. This will put pressure on currencies, and in the long run, it will positively affect bitcoin.
10  Economy / Economics / Re: How can the corona virus end Faster and economy reopen on: May 05, 2020, 06:21:26 PM
The governments of different countries are trying to find a balance between maintaining the economy and improving the epidemiological situation.
Many of them do not have enough funds for global isolation, therefore, most likely, small businesses will resume their work.
Based on this, people will pay more attention to possible risks and ways to prevent them.
11  Economy / Economics / Re: Is Bitcoin the future of the global economy or just another commodity like Gold? on: May 05, 2020, 06:05:51 PM
So lately I've been thinking about the global financial economy and the way it works.  Huh

During my BA, I had a course with a professor that played a very high role in the central bank of Israel.
I asked him "Is the bank preferring for the day after the economy will collapse?" the answer he gave me was not clear. I saw him struggling to answer that.

But when I examine Bitcoin and other crypto coins, I see it not as a replacement of money, but just as a replacement of the central bank money printing. Because eventually, we'll all look for a place to keep our money safe (a bank) and someone to give us a loan on occasion.

So my question is, is it really the future of the economy? or just the "new gold"?  Undecided

Bitcoin is a scarce currency and has a fixed supply volume of 21 million. Therefore, cryptocurrencies will remain the means of speculation and nothing more, until a better economical breakthrough occurs.
12  Economy / Economics / Re: Crisis after the epidemic on: May 03, 2020, 06:03:07 PM
How long do you think the crisis can last after the epidemic?
What are the most likely events to occur?

  • Countries will strive for full self-sufficiency in food, energy, medicine, and means of production.
  • The share of human labor in logistics, communications, and services will decrease.
  • Remote work and virtual services will become standard.
  • States will be able to better control citizens and their personal lives.
13  Economy / Economics / Re: Cryptocurrency can not replace fiat currency. on: May 03, 2020, 05:50:05 PM
I have seen so many posts about emerging cryptocurrency, and they think that someday it will take over our current system, or it will replace our fiat currency, which is really impossible, yes cryptocurrency is such an excellent currency especially the bitcoin, cryptocurrency keeps on being more prominent and more significant. Still, I think it is not enough to replace the fiat currency. It will be hard for the government to do that.

It will be hard for us if we use our cryptocurrency as our standard currency, the volatile currency will not be useful in real life; only that money is only suitable in real life. Not all individuals are really used in technology, so how could they handle their money if they are not familiar with the technology.

There are still some rural places in this world, so it will be hard for them to adopt the new system if this will be implemented in the future, which I hope won't happen, and even those person in provinces will also get mad if those things happen.

I agree that cryptocurrency will not replace fiat money. Here are few reasons:

  • Lack of a real value system.
  • Anonymity of payments will completely destroy the existing system of state fees.
  • Without a regulator, there is a high risk of speculative manipulation on a huge scale.
14  Economy / Economics / Re: The positive impact ~ on: May 03, 2020, 05:41:30 PM
In any case, people will learn a lot.
15  Economy / Trading Discussion / Re: Why people run away from trading!!! on: May 03, 2020, 04:19:24 PM
  • People often follow already existed strategies of well-known traders, or listen to the crowd.
  • Lack of any personal strategies.
  • No understanding of crypto trading at all.
  • Paying too much.
16  Economy / Trading Discussion / Re: Need advice on becoming a successful trader on: May 03, 2020, 04:10:37 PM
In a long-term perspective, I recommend you to read books. They contain structured information that is easier to read. Most books are written by specialists who have tested in practice everything that they decided to systematize for followers.

  • Mark Douglas Trading in the zone
  • Chris Burniske and Jack Tatar Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
  • Successful crypto trading for beginners
17  Economy / Marketplace / Re: How To Use Bitcoin (Website) on: April 28, 2020, 03:31:54 PM
Hello guys, I have a question, I work for a company that sells party products, this is our website: https://www.lichtgevendearmbandjes.nl and my question is this; how can I use/apply bitcoin to our website? also, please let me know if there are some advantages on using this payment method?

So, you have 2 ways to start accept bitcoins on your site:
1.  To settle accepting crypto payments by yourself (there are pleanty of services for it and most popular has been already named). This way is just for you if your business is not very big, you have some technical skills and you are not going to make a withdrow very often.
2. Reach out to the crypto-friendly PSP (like PaySpace). In this case all settlements are on the side of payment service. Besides, you can make withdrow in fiat very easy.

Some benefits from accepting bitcoins:
- No chargebacks.
- Low transaction fees.
- No licence required. (in case if you have regulated business is regulated by special local laws)
18  Bitcoin / Bitcoin Discussion / Re: I just think privacy is more important with financials. on: April 16, 2020, 01:21:24 PM
FBI recently announced that they expect a rise of frauds related to crypto payments, and posted some tips to be prepared:
  • Before sending payments/donations, make sure that the receiving party is officially registered and accepts cryptocurrency.
  • Monitor potential investment opportunities.
  • Do not use your personal bank accounts for doing business at home, do not provide information about your bank account to someone else.
  • If you become a victim of blackmail or extortion, contact the law enforcement authorities.
Nothing special, but still.
19  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: April 16, 2020, 01:07:42 PM
Due to today's currency volatility, the fluctuating of cryptocurrency, including bitcoin, no longer seems to be so rapid. It gives certain opportunities for merchants to implement crypto payments. It is also true, because of the high pressure on small business.

The head of Intrepid Ventures, Eric Grover, believes that the global pandemic will cause a new surge in interest in cryptocurrencies from banks and individual specialists.
20  Bitcoin / Bitcoin Discussion / Re: Leading industries in bitcoin turnover on: April 16, 2020, 11:09:10 AM
Gaming? I mean, yea I understand that using an alias when playing but that's part of the game experience and doesn't really warrant you to becoming anonymous.
I've already answered that I tolerated gambling industry and choose the name "Gaming". I don't know why this comment was deleted by moderator. After all, they called theirselves IGaming Industry.
Besides, I think, skill games, online e-sport tutorials are also belong here. I don't think tha it worse to divide every sort of gaming into different niches.
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