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January 20, 2022, 04:49:57 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
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1  Economy / Trading Discussion / Re: It is possible to make a profit by trading on: Today at 04:51:26 AM
Yes. It is possible. In fact, a lot of traders make money from trading. However, trading is very risky, and without proper knowledge, traders shouldnít trade. If you are a new trader, then you should step into trading with small risks and gradually improve as you get better.
2  Bitcoin / Bitcoin Discussion / Re: New money being printed on: January 19, 2022, 05:22:34 AM
Unfortunately this nothing really new. The US Dollar like many other currencies is printed by politicians to cover any shortfalls in their spending. For the government there is no real incentive to work on a balanced budget for each year because they can just cover any problems with new money. We have seen this in the past in US with their debt ceiling, it looks nice on paper, but in the end its not binding. Even though politicians should have different opinions from different parties, they work together on this. This is also why crypto currencies are so successful, the more money the central bank prints the more we looking for alternatives.
True! More the central banks are printing money, the inflation is increasing and the prices go up. If the prices are going up then the extra money printed is also worthless.
That is the reason for people opting for alternatives even though more currency is being printed.
3  Other / Off-topic / Re: Please reply Mr. Satoshi Nakamoto on: January 18, 2022, 05:50:14 AM
If Mr. If Satoshi Nakamoto is out there, then he must be very proud to see the growth of the crypto market. It has been growing at an exponential rate and the change is happening which he/they wished for. Letís cherish that and be part of this revolution.
4  Other / Off-topic / Re: Where do you learn information about cryptocurrency? on: January 10, 2022, 06:57:38 AM
You can start with Youtube. There are plenty of videos that will give you a basic idea about cryptocurrencies. There is a free course by Simplilearn on Youtube that can give you a basic idea about the cryptomarket. You can even check coindesk. It is a website where you can find beginner to advanced articles on cryptocurrencies.
5  Bitcoin / Bitcoin Discussion / Re: Have you spoken to Satoshi ? on: January 10, 2022, 06:52:13 AM

Am I the only one who finds amussing the idea of satoshi using a Newbie account to participate in a discreet way and lurk to see if his beloved community is behaving and has evolved the way he wanted it to?


I donít think heís got time for this but I can imagine how great it would be if one day we realise heís one of our forum members, and weíve been interacting with him all this while.
6  Economy / Trading Discussion / Re: Are trading platforms useful? on: January 06, 2022, 05:00:52 AM
Thereís no such trading platform that can save you from going into losses. Instead of going after interactive charts, tools, indicators, learn to improve your skills. I use mt5 with finprotrading and I think itís enough. Everything else depends on my trading skills and not on the platform.
7  Bitcoin / Bitcoin Discussion / Re: WHEN DO YOU BUY BITCOIN? on: December 31, 2021, 03:53:27 AM
You can buy bitcoin from the profits made through selling bitcoin, but even if your long term goal is to buy and hold bitcoin, donít buy any altcoin unnecessarily without proper research. You should also have a clear exit strategy so that you can sell the altcoins at the right time and save yourself from going into loss. I prefer to buy bitcoins when thereís a dip. I donít wait for the price to go very low but if it goes I buy some more.
8  Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever get regulated on: December 06, 2021, 04:30:35 AM
Since Bitcoin is a decentralised currency, nobody can regulate it. However, it's access can be regulated to an extent by various governments to avoid frauds and its illegal use. For example, governments can introduce tough KYC approvals and bring strict policies related to cryptocurrencies, to regulate it indirectly.
9  Other / Beginners & Help / Re: I'm new here,can someone please show me around🙂 on: December 03, 2021, 03:41:07 AM
Welcome to the forum! You can explore the forum. There are plenty of discussions you can take part in and educate yourself. Most traders here start from free material. You can check youtube and ebooks to educate yourself. Donít go for any paid material. Good luck.
10  Other / Beginners & Help / Re: Is it safe to buy now? on: November 25, 2021, 05:22:07 AM
The general criteria is to buy when the market is at its lowest. However, it is difficult to assess when that will happen. So, there is always a risk. Buy it when youíre ready!

However, when you buy, make sure you buy cryptocurrencies with proper fundamental analysis. There are trusted cryptos like Ethereum and Bitcoin, which are safer than the others to start.
11  Economy / Trading Discussion / Re: Does Trading have an advantage over investing?? on: November 24, 2021, 04:32:55 AM
Both are beneficial. However, there are some differences. Trading can help you make quick profits instantly if you have both the money and the skills to trade. Investing is slow, but there is a guarantee in it. You should calculate your trading needs and put money wisely.
12  Economy / Trading Discussion / Re: Bitcoin the king on: November 24, 2021, 04:14:14 AM
For several years, Bitcoin has dominated the cryptocurrency market and has maintained a good presence. It is the oldest and most reliable cryptocurrency, and it has already established a strong market position. As a result, it will be difficult for any other cryptocurrency to overtake Bitcoin in the near future. Though many of them, such as Ethereum and Dogecoin, have great potential, however. I believe it will take a long time for them to reach their full potential.
13  Other / Beginners & Help / Re: HODL is the way on: November 24, 2021, 04:02:06 AM
Hodling is a very basic and useful strategy for traders to make money. It can be fruitful in the longer term. However, it can also be risky if you donít invest in the right crypto coins. Analysis and research is critical.
14  Other / Beginners & Help / Re: Don't ever quit your job to trade crypto. on: November 23, 2021, 04:58:37 AM
A very basic, yet important piece of advice. Crypto market is a volatile market. Hence, leaving your job for it doesnít make sense. Some new traders also borrow money to trade cryptocurrencies. They should avoid this. By doing so, they are increasing risk.

The best way is to start slow and invest in learning the concepts, and  only trade full-time when you have gained consistency.
15  Other / Off-topic / Re: Cannabis on: November 22, 2021, 03:53:58 AM
Cannabis has been linked to medicinal uses and itís good for pain. However, its continuous use isnít good . I have heard you age faster if you smoke it a lot.
16  Economy / Trading Discussion / Re: Trading is not meant 4everybody on: November 22, 2021, 03:47:02 AM
Trading is not for everyone because not everyone can have the determination it requires. Itís a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.
17  Other / Beginners & Help / Re: Best possible advice to newbies on: November 19, 2021, 05:43:11 AM
I think itís better to read the rules and regulations of the forum before actively taking part in it. As responsible forum members, we should focus on helping other members and shouldnít post off-topic posts.
18  Other / Beginners & Help / Re: How to get started ? on: November 19, 2021, 05:28:37 AM
There are many ways to earn free bitcoins but as you are interested in learning bitcoin mining particularly, I would suggest you to read these two books, which are my favorites obviously but I think youíll love them too. These are Cryptocurrency Mining for Dummies by Peter Kent and Cryptocurrency Mining Secrets.
19  Other / Beginners & Help / Re: I missed the boat is not new concept.. on: November 18, 2021, 04:24:54 AM
I think itís still not very late and we can still hop-on the boat of bitcoin. Just imagine how high bitcoin prices will be when every country will adopt it legally. That time weíll be too late to buy bitcoin.
20  Other / Beginners & Help / Re: How to be safe from scammers on: November 18, 2021, 04:15:18 AM
To protect yourself from any kind of scam, you must be well aware. Donít reveal any sensitive information such as passwords or even the information as to how much crypto you own. No matter how good an offer someone is giving you, be wary of it. These scammers usually present unbelievably profitable deals to people in order to entice them. Just donít believe anyone.

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