Stupidity makes some poor
lack of imagination makes some poor
laziness makes some poor
Being content with nothing makes some poor.
Having no goal or no dreams makes some poor.
There is a guy next to me now, he's life's goal is to drink beer every-time he is awake, i have known him for the past 8 years and he knows nothing about value for money, as long as he has beer he goal is complete, he is 28 years old, talk about the inlaws.
Being poor is not bad but staying poor and being useless while someone can be productive in many ways is truly criticized. No one should waste himself. When a person does not work, peace and happiness eventually gets out of his life. There are many people like the guy you related here who live aimless life. For instance, people who are still unaware of bitcoin definitely don't care much about their future. However, their complaints remain always high. |
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If the time comes that I will be able to use crypto anywhere like buying goods on the street, riding on public vehicles paying crypto like how we can use fiat right now, definitely I will choose cryptocurrency, fiat will be a total obsolete in the near future we need more secure and transparent form of money and I can see it on digital coins because of its blockchain technology that never lies , there are so many advantages if we use crypto instead of fiat.
That time will definitely come when all sorts of daily purchases and money deals will become possible with crypto currencies too because the ultimate purpose or reason behind creation of bitcoin was to become the first digital medium of exchange. Bitcoin is already being used in purchases. Now it is just a matter of time before all crypto coins will be used this way. Fiat is destined to be replaced by digital coins. |
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It's no secret that many governments and central banks worldwide have paid close attention to the development of Blockchain technology. The same promises to provide lower costs and greater efficiency than traditional systems. Bitcoin's success proves that Blockchain is extremely ideal for finance. Once governments start rolling in their own digital currencies, people could see a reduction in payment processor fees like never before. Not to mention, transactions will become blazing fast within a matter of seconds instead of days. Which is why, it makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are too hard to ignore for central banks and governments worldwide. Everything will be much cheaper and efficient than it used to be with the traditional monetary system of physical Fiat. What are your thoughts?  Blockchain is considered as one of the best tools and has the support of many developed countries such as China, Canada, Japan and some other European countries. This shows that the value of blockchain technology is huge and it needs to be exploited and learned more. In more than 10 years, I think blockchain will soon penetrate our economy and help the economy move faster and develop more than ever. All those countries that are a way too advanced from rest of the world, cherish technology innovations the most and support creativity in this domain. Blockchain can secure and improve any sort if existing system. Besides, bitcoin has played a significant role in the success of this technology. All the tech companies from all over the world are also working on implementation of blockchain in their products. |
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Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
just pick safe coins and not set the goal too high because setting the goal too high not gonna make you rich soon, it just make the risk becomes higher and it's not a good choice for both of you and your money, doing everything in the slower order would be a great choice for safer trading For now safe coins are not easy to find, even you have a knowledge in crypto and also hardest to newbies. you really take any loosest at all time if you want to trade. risk all you got and take a huge benefit if you succeed. so now in trading just gain everything what is needed and learn to improve what you learn and don't rush immediately. There are no safe coins, there are always risks in every investment and we should be aware of that. That's why we need to learn risk management at first place in order to minimize our losses. You cannot succeed in trading if you do not have good risk and management. You cannot learn trading in just one day, it takes months or even years. This used to be the case in the beginning when people did not know much about crypto currencies and these were a totally new concept. Those who grabbed bitcoin or altcoins at right moment are now rich. They took a step when majority did not even know about bitcoin. But now after so many years of bitcoin mailing people millionaire, doubting it simply means people need to use their brain more. |
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Things around us seek convenience and most of us will surely choose which faster and more affordable. As for me, the development and improvement of the community and society include the elimination of middlemen. We can't deny the fact that they still play a huge role in our society but if there will be better choices, I'm sure that apps or even mode of payment that provide faster transactions will surely grow better.
With the passing time, old things are just getting replaced with the new ones and it is not bad at all. If we can ease our tasks with technology, then why wont we. Technology has not taken jobs from anyone rather it has created more opportunities in this world. Be a bitcoiner or a youtuber, you can hit huge amounts. For doing all such stuff, no hard learning skills are required. Only those survive who go with the flow. |
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It could affect the economy, after all it is a trade war between two countries, but I seriously doubt BTC would be affected. BTC IS decentralized, not controlled by neither countries, so even if a trade war DID happen, nothing should happen and BTC should just continue on with its everyday transactions. It could increase the buyers and sellers of BTC though, but that's pretty much about it. The economic flow of BTC through the market should still basically be the same, before, during, and after the trade war.
Bitcoin does get affected by the economical changes of the world. Either it will gain value or lose some. When the existing money system will fail in helping people, then bitcoin would be the answer. By decentralized, it means that no one can claim to control or own it. And that is true because if it was possible, then the country with such power would have been the richest and definitely super power. |
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Because there is no knowledge and ambition to enjoy quick profits when investing.
For people like that still exist today and hopefully the people in this forum are not included in it.
Investing in crypto must count, unlike gambling, which only hopes for luck.
Stepping into a territory that is completely unknown can turn out to be a big mistake. Knowledge plays most significant role in attaining a successful life. Though crypto coins hold the ability to make its holders rich but tackling with all the changes is difficult without understanding the market first. Investments are never about luck. These include plans, research, patience and endless efforts to achieve goal. |
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sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly. Earning money can never ever be fun and we all do it because there is no other option to survive. Even if the market bores us, we still have to do out job as this is real life. The only way to avoid boredom is to do what you love and to love what you do. Besides, if the coin being held is bitcoin, then it is impossible to feel done with crypto currencies. Volatility and instability is what keeps thrill in this market. |
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I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD
Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
The current market is hard to predict the further hype, so you want to secure your investment you must fix the 0.1 percentage below trade. Because once it will go down automatically it will move to the stable platform. USD is always supporting to your further trading so you must active and concentrate the crypto market, you never loose the money on crypto trading. The market is not hard to predict at all. By keeping the halving event in mind, things will become a little bit clearer to traders or holders. For a beginner who does not hold a lot of knowledge about digital coin market, predicting the market movements can become a tough task at times and he is obliged to learn more but those who have been here for ears now, trusting bitcoin strength and understanding changes should not be much of a challenge. |
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3. You mean donate the money instead of gambling and losing it? You see, if you donate, you give away your money (equivalent to loss. Lets not consider this "feeling good" after making a donation situation). But if you gamble with it, there is a chance of getting back something more.
I guess you are in the top list of those people who hate to store the humanity, and please don't say that it is not good to help others, cause it's beyond good. It is good to see people smiling because of the money you donate on them, like charities or hospitals that raise funds to help their sick patients that have serious diseases. You just need to know the difference between those people who needs your donation and the ones who wants you money, do that and you'll start donating your money instead of risking it on gambling without any valid reasons at all. Gambling sites owner are already rich, they don't need your money anymore. Everyone can live for themselves but those who live for others are remembered long after their deaths. As a human, we should help each other out of every problem as much as possible. Some of us are gifted with rare skills and these should not become arrogant because it is not in our hands to create ourselves. Humanity is the most precious gift that one can have. Charity, funds and donations brig positive changes to society. In the last, owners are rich people but the greed increases with increased bank balance. |
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Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
just pick safe coins and not set the goal too high because setting the goal too high not gonna make you rich soon, it just make the risk becomes higher and it's not a good choice for both of you and your money, doing everything in the slower order would be a great choice for safer trading Perfection demands practice and practice demands time so with time, a person becomes expert in a particular field. Trading in digital coin market also asks for experience and understanding in order o succeed. These are the parameters that differentiates a master from a novice. Hard working and the guts to never give up play vital role too because without these, a person cannot even think about sticking in the domain. |
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
That's certainly very much possible. In fact that's the way it ought to be. Several projects gets bigger with time and efforts from the team, advisors and community. It takes a greater deal of acumen to manage a project effectively and when we see the volume in a geometric progression, it shows that the project is well managed. The digital market is still at its young age and there is a lot to come. Though we have almost three thousand digital coins with us at present and some people consider the number more than enough but I think it is still the beginning and this number will keep on increasing with time. Projects owned by bigger companies can succeed with ease but any startup wont face failure if persists for long. |
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In my opinion, he should stick with the already existing exchanges that have been with us for years now. For availing the best features, coinbase, Binance and few others do the job well so what is the point in choosing new ones. If there is something unique about these exchanges, then he should share it with others too. Exchanges that own their customers and provide ways to compensate during compromise must be first choice.
Testing a new exchange is not that bad, after all you could discover a very good exchange that is just beginning its operations, the problem is that he seems to have deposited 1.8 bitcoins in those two platforms and that is simply too much money to try to test the features of an exchange, so it is really important that the OP gets his money out of those exchanges as quickly as possible and that he deposits his coins in his own wallet and that he only moves his coins to a reputable exchange when he has plans to make a trade. We need someone to do it first or we need try if the exchange mention of OP was true or not or ask someone experience on that exchange. If the exchange new for us must better to doing something or think it first before we make some move. Actually their are lots of new exchange sites are not trusted or if we deposit some high amount maybe we are going regret on why we enter that kind of exchange. New exchanges, if not fraud, will definitely give some attractive offers in the beginning to make investors become their customer but once it would start being used by many people, those offers will vanish and users will end up having same experience as any old exchange is giving. OP just needs to be more careful the amount that he is using to test exchange. Otherwise, there is no problem with his actions. |
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We should get used to this type of happening because even the fiat currencies are involved with crimes. No one can stop the criminals on how they do the transaction because they are getting smarter everyday. Cryptocurrencies have this unique feature where most of the cryptocurrencies available in the market has an anonymity feature so it is not a surprise to see topics like this one.
In fact, even when you use Fiat, it will be used as a tool for crime. do you know why? that's because money is valuable, especially when bitcoin has a large enough value or another cryptocurrency. however, criminals will target something of value, such as gold and other investment tools. Another reason why crypto is targeted as a prime target is that there are many interesting things in crypto, such as anonymous transactions, mixers, and others. That makes a lot of sense. Criminals will always go after things that really hold some value and with bitcoin, the good thing is the worth keeps on increasing with time so it naturally makes the number one preference of evil minds. To be very honest, these are just smarter than others. Hacking exchanges and snatching bitcoin is not a kid’s game but they utilize all the talent in such hurting activities. |
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Many ways to trade safely you can trade short trade you can buy altcoin that you can sell fast if you see that you have small profit sell it and buy back again once that coins goes down. I experienced that i trade it everyday and got small profit everyday but its enough for our daily living. I got 400- 700 peso in a day in my trading so its very ok buy low sell high.
How is this "very safe" if you will have be very quick and precise when selling? Since you will have to be very fast, this means that you will have a risk of losing a lot if you don't act quick. Trading this way is never safe. You might end up buying in the wrong time and might see the price no longer rising thus you will be holding it hoping that the price will go back. This will cause you to lose opportunity since you won't have your capital with you anymore. Again, if you let go of your coins, you will be suffering from loss. Very is for you to say "buy low sell high". That can become safe when the trader is well equipped with essential basics and knowledge regarding his asset, crypto coin market and the profession. This knowledge should be implemented with demo accounts first to gain some practical experience. Actually, this way all sort of tradings become safe in the sense that the percentage of losses decreases. Still, a trader can never avoid failures forever. |
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If you only care about keeping your 40k then buy stable digital currencies but if you want to make profit out of the 40k then split it into two, use half on bitcoin and use the remaining half of stable coins
What you are describing is an option for those who have more capital and often invest, but here the question is how to save for the house? meaning that there are two functions that can occur, the first savings are fixed and will not increase, and the second is deposits that are not fixed and can increase when the value of the asset price rises, these two things are certainly equally good, only the first choice there is no equal risk once, while the second option is very risky to lose. Investing is better than saving. With investment, the price keeps on increasing with time but this is not true for savings. I would suggest spending some money in bitcoin because this asset has already return millions to the holders. It wont be different with him too. The most beautiful feature is that the price increases within no time. Not only this, the major fear, risk, is also not involved in this strategy. |
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I’m not a fan of sports betting channels because, as a rule, they do not provide true statistics. But it looks like your statistics are honest, if you take your word for it.
By the way, can someone tell me a platform with sports betting on the blockchain that you can provide access to to confirm statistical data.
All the same, the blockchain is much more reliable than any form of ordinary data records.
If a gambler likes some specific sports and knows about the competing teams or players, he does not need to rely on any resource. He must also put his money on sports that are well known to him. In these sort of bets, the gambler must trust his own instincts and knowledge. Blockchain is more about security, decentralization and transparency. The data and stats are presented by experts. |
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Purely theoretically, China can take control of bitcoin, as He is one of the leaders in Bitcoin mining. But I do not think that he will do this, now China is more interested in creating its own crypt, which will be 100% under its control. https://neironix.io/news/china_plans_release_national_dcrpChina cant take control of bitcoin no one can! That is the beauty of the network. Can someone theoretically 51% it yeah, but the economic incentive is not there to 51% it. How do peoe think that a single government entity can take over bitcoin...I dont think you understand how bitcoin runs. Economically it may not make much sense. But from a government point of view, it can make a lot of sense. They can spend a few billion USD and destroy the credibility and reputation of Bitcoin forever. But spending such a huge amount of money from this purpose can never be defended before the public, unless they can prove a credible link between either crime or terrorism with Bitcoin. Well... they will never get such a link, because it does not exist. That’s a lot of money and if they do use it to destroy Bitcoin then that would mean that 90% of that amount can only be returned to them. The thing is that it is not worth it to use that amount to destroy Bitcoin but rather they should use it to a more productive way that would help and benefit their country. They don’t need to defend this decision to the people because in the first place they would not make this decision of wasting the money of the people. Just in case, the American government goes insane and prints some insane amount of dollar, that may or may not hurt bitcoin but definitely kill dollar and it will lose its worth. Which means the coin wont remain as the super power. This is not going to happen at all. Even if dollars keeps on losing its worth, bitcoin will be surging up. USD is the standard currency used in international market. |
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Hi, recently found a website https://www.investorgreg.net where you can learn a lot of useful information about investments, stock exchanges and more. I was looking for a long time where to invest money and this site really helped me. I can advise you to also study this issue. I also participate in signature campaign that is a good source of investing money. But after you invest some money, there are more things that you need to invest in order for you to gain big profit and to be successful. Those are the time and effort, time because you need to manage your time and spend your time in a useful and quality manner. Effort, it is essential for us to be passionate about the money we invest. Also, time and effort can help you achieve your goals in any aspects in life. Most of the hunters are unable to find a good and trustworthy signature campaign but if you have discovered one, then must consider yourself a lucky one. Such methods are a nice way to earn crypto coins without spending a cent. For making high achievements, a person is supposed to sacrifice something big too. Our lives are made from time and utilizing it in right way will make us rich. |
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Actually there is no way to recover the lost crypto once it was stolen unless you find the person who steals from you and accesses his wallet and sends you funds back again.All the other tracing works or complaining to the exchanges won't give any chance to recover.
Those tips are quite helpful i think, but it won't make any decent difference when our wallet stolen, sometimes the thiefs are instantly send our assets to their wallet, so it will waste if we spend too much effort to take back our wallet. We better to prevent the lost or stolen rather than find way to recover it If someone becomes successful in his attempt of getting your wallet, then it is best to consider the money gone at the very moment your wallet ended up in someone’s else hands. Prevention is better than cure. Everything can be recovered but sometimes recoveries are also not a simple task to perform. The most effective way is to stop sharing credentials and sensitive information with others. |
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