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1  Economy / Trading Discussion / Re: Stop losses on: June 27, 2021, 05:51:00 PM
A stop loss order is an order made by a broker to buy or sell an investment instrument (either in the form of cryptocurrency or shares) when the price has reached a certain limit.  This order is designed to limit investors' losses. For example, a trader buys Bitcoin and sets a stop-loss order 15% below the purchase price.  So when the value drops, this order will be activated and Bitcoin will be sold as a market order. Although many traders associate this technique with long positions, you can also use it to protect short positions.  This means that the trading product that you have will be purchased if it is traded above a predetermined price.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH sheep, buy now? on: June 27, 2021, 02:42:17 PM
For cryptocurrencies, the two popular types of investments are Bitcoin and Ether or often abbreviated as ETH.  Ether, the second largest digital currency after Bitcoin, has experienced a high rise.  Ether is a currency on an open source or open source platform.  Ethereum has several advantages such as smart contracts and will evolve to Ethereum 2.0 which makes it a better crypto investment option than Bitcoin.
3  Bitcoin / Mining / Re: Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan on: June 27, 2021, 01:12:47 PM
Chinese Bitcoin miner BIT Mining delivered 320 machines to Kazakhstan after its operations in China's Sichuan province were suspended.  The publicly traded company expects to ship 2,600 engines again before early July 2021.
 In the company's announcement, other machines will also be shipped overseas.  The delivery of the machine to Kazakhstan comes after BIT Mining received a notification at the weekend that power supply for its data center in Sichuan would be suspended by China's energy regulator.  Besides Kazakhstan, BIT Mining also makes Texas a mining destination.  In that state of the United States, BIT Mining invested 25 million United States (US) dollars or around Rp. 361 billion to open a new mining center.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin Dumps to $32K as China’s Bank Announced a Ban on Crypto Usage on: June 27, 2021, 01:05:34 PM
Bitcoin price has dropped to a two-week low of over $32,000 as more negative news emerges from China.  This time, one of the largest state-owned banks reportedly banned its clients from dealing with any digital assets.
According to a report from June 21, the Agricultural Bank of China has published a statement outlining a ban that would prohibit its customers from doing any business with cryptocurrencies.
It should be noted that the Agricultural Bank of China is also one of the largest banks in the world in general.
Client accounts will be terminated immediately if the bank finds out that they have interacted with bitcoin and other digital assets.
The bank also plans to report all suspicious transactions to the relevant authorities "in a timely manner."
Thus, the world's most populous country continues its crackdown on cryptocurrencies.
5  Economy / Economics / Re: After 1 year of Covid 19 Virus on: June 27, 2021, 01:00:56 PM
After 1 year of Covid 19 Virus The government began to introduce the term new normal or living in a new normal at the end of May 2020. However, this definition actually means that conditions have returned to normal. The transition to a new normal was also marked by an easing of community activities.  Even the passenger capacity in all modes of tAfter 1 year of Covid 19 Virus The government began to introduce the term new normal or living in a new normal at the end of May 2020. However, this definition actually means that conditions have returned to normal.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: All Eyes on BTC Dominance! on: June 26, 2021, 04:41:06 PM
Bitcoin is a ‘coin gateway’ for many investors;  they buy Bitcoin BTC before buying other coins.  This could be partly due to the almost universal listing on every active cryptocurrency exchange, but also due to the high profile and low volatility (which is a relative statement).  This visibility, along with Bitcoin's price and position in the crypto market, is total market dominance.
Many experts predict that Bitcoin is still a great investment that will pay off in the long term, while we can expect more of the same rollercoaster ups and downs in the short term.  Bitcoin news is an art form in itself and you need to make sure you know what comes next in terms of cryptocurrency regulations, cryptocurrency exchange news and in-depth crypto market analysis.
7  Economy / Services / Re: [OPEN] Signature Campaign | Sr. Members+ ~ Up to $65/Week on: June 24, 2021, 06:45:53 AM
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8  Economy / Economics / Re: The pros and cons of going cashless on: June 22, 2021, 09:11:22 AM
                          The pros and cons of going cashless.

1. Various Attractive VS Consumptive Promos

One of the most effective strategies to attract people's interest in using digital money is through promos.
A number of money services and digital wallets are competing to provide promos such as discounted prices to massive cashbacks.  Is this profitable?  Yes, if it is spent on a product that is really needed.
 But without realizing it, sometimes this makes people more consumptive which in the end only becomes an impulse purchase because they are tempted by discounts so that spending becomes out of control.

2.Fast Transaction VS Signal Problem

Large cash transactions generally take a long time because the money used for transactions must be calculated first.  Sometimes, small change is not available at the cashier.
With cashless transactions, the process becomes much easier and faster.  Just swipe the card to the EDC machine, tap, or scan the barcode via the application.
However, are there times when these machines or the user's smartphone have difficulty catching the signal needed for the transaction to take place?  Thus, without a good signal, payments cannot be made.

3.Safe From Conventional Theft VS Cyber ​​Attack Vulnerability

Security features have become mandatory for money services and digital wallets on smartphones.  Usually this security feature is in the form of a PIN, password, or fingerprint scan.
This is one of the advantages of cashless transactions because the transaction value is only known by the user and the merchant/tenant concerned, so it does not invite criminal action.
9  Economy / Economics / Re: COVID advanced the world into the future on: June 22, 2021, 07:36:44 AM
Every bad has a good to it. Covid-19 wasn't good because it drained many economy and put them into recession. What about the lives that were lost and still losing, it has created fear and shaped humans to a new normal, face mask and distancing that are preached every time sounds like drums into our ears.

The other side too can't be overemphasized because the online jobs and businesses have grown away from what it was. Jobs online have started creating wealth and bitcoin rise to greater popularity is also part of it.
Everyone has a different response to COVID-19.  Most people who are exposed to this virus will experience mild to moderate symptoms, and will recover without needing to be hospitalized and some also lose their lives.
As you said many are traumatized.  And they are also difficult to work in the real world.  So the world economy slumped.
Therefore, people flock to work online.
10  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: June 22, 2021, 07:11:44 AM
based on the evidence in the field and the people who gave testimony, it is evident that money has actually been the cause of all crimes on earth.
That money can cause people to commit crimes cannot be denied.  That money can tempt a wife who originally came from a good family to run away from her husband and children for money, is also not nonsense because there is a lot of real evidence that happened.
But in fact, if people use money wisely, money can also be a means to do good.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin can play tricks on your mind on: June 22, 2021, 06:16:07 AM
I know crypto assets are riskier than many other investments.  There are no guarantees other than volatility.
Crypto assets are not regulated in most cases.  There is no insurance for these items.
The price of crypto assets swings wildly by the minute, has suffered a painful and protracted correction and is almost certain to happen again.
Bitcoin, the first crypto asset that has been around for over a decade and is much less likely to disappear than most other coins, is also not risk free.
To avoid your mental health it is best not to risk all of your life savings on any crypto-coin assets.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: How many scammers have you funded by putting your money in? on: June 21, 2021, 06:52:54 AM
That night I was blinded by greed which cost me coins.  I followed a project that promised a lot of profit.
 I'm interested because their tweeter has a lot of followers.  Through this account, the fraudster held a prize event, where by sending a coin to an address, it was promised that it would be multiplied in a few minutes. For example, if you send 1 coin, you will get 2 coins.  I didn't realize that the scammer had managed to trick me.
13  Economy / Economics / Re: what makes us good investors. on: June 20, 2021, 02:38:03 PM
I think our emotion makes us a good trader too because if we have control of the emotion, some moves that we see with candlestick spikes won't scare us to exit the market  Grin

Emotion too breeds patience. For us to be a good trader, we need to be super patient.
That's right, a trader whose emotions or ambitions are high will usually make him lose.  A trader must be good at controlling emotions, don't act rashly.  First, investigate the coin you want to trade, whether it's technical or fundamental.
14  Economy / Economics / Re: what makes us good investors. on: June 20, 2021, 12:58:27 PM
How to invest in Bitcoin can start with pre-investment research.
Make sure not to just sell and buy coins, pay attention to prices and market conditions. Trade coins in real time so that the coin assets have a higher selling price than when you bought them.
Do not rush to put all the money you have to buy this digital money.  How to invest coins with a structured method is an effort to learn Bitcoin investment that is safe and makes it more proficient.  Make sure you choose the top marketcap coins.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Prices are low, time to buy some good coin!! on: June 20, 2021, 11:09:13 AM
The market is now less stable and low.  It's a good time to buy the coin of choice.  I will choose the coin that interests me is solana.  Solana has a great future in my opinion.  Solana also has a good project. And now there are many projects that use the sol network and some of them are already developing.  I will invest in Solana for the long term.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: What are some long term projects for holding? on: June 20, 2021, 09:30:45 AM
In my opinion for long term hold you should go for the top 50 coins on CMC. In particularly the top 10 if you do not want to do your own research. Always insure you keep Bitcoin and Ethereum as your preferred one and whenever possible try to accumulate more of these two.
I agree with you.  The right coin choice for the long term, we really have to choose the top 10 market cap, to reduce the risk of losing.  Because the top 10 marketcap coins usually definitely go up if the market is stable.  In my opinion the top 10 coin marketcap coins are special.  But sometimes the risk comes unexpectedly.  Before investing think about the risk.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: What are some long term projects for holding? on: June 20, 2021, 06:20:32 AM
These days there are so many projects popping up, such as meme tokens.  There is a lot to lose in the meme token project.  We recommend that before investing first investigate the project to be invested.  I think long term projects that are pretty good to invest in are Eth, Bnb, waves, cake and sol.  I see lately when the market is going down.  The coin is so durable.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or Bitcoin which is best. on: June 19, 2021, 10:51:35 AM
When you look at Ethereum vs Bitcoin, you can see that their goals are very different.  When you look at their market stats, the difference is not that big.  Both coins are equally good.  But I think etherium is better for investing.  Because the price is still very small compared to Bitcoin.  The price of bitcoin now I think is almost at the peak.  While the price of Etherium can still rise to compete with bitcoin prices.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you trust, BNB or ETH? on: June 19, 2021, 10:28:04 AM
ETH is the historical coins in the crypto market like Bitcoin and thousands of project are running over it. Both of the coin are most popular coin in altcoins.Eth is the king of altcoins.I am personally support eth.Both of them are really popular among other altcoins and also trusted by most investors. But if l should choose one of them, l would prefer ETH. That is why ETH is my favorite altcoin and l think ETH is more profitable than BNB.
Yes I totally agree with you.  I think ETH is better than bnb.  Eth's very historic journey.  Good coin after bitcoin.  The price of altcoins is also affected by the price of ETH.  I am more comfortable choosing Eth over Bnb.  I think Eth will be even more advanced for the next few years.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Feg exchange, Meme with technology? on: June 19, 2021, 09:30:26 AM
Feg token is a meme token that has just been circulating in the market.  Meme tokens usually increase in price when they appear on the market.  After that the price will go down.  Those who buy when the price increases, they lose a lot.  Due to unstable market conditions, be careful when investing in meme tokens.  It's good to think more carefully before investing in meme tokens.  Do not equate doge meme tokens with other meme tokens.  Doge develops because there is the support of influential figures.  Once he makes a tweet on his tweeter the price will fly high.
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