The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
his words may be come true because as the time goes by the technology is upgrading do it is not possible that we will not ne needing banks because in bitcoin our money is fully secured and I think bitcoin never be bankrupt because there is no people who manage and handled it. We cannot deny the role of the bank that we have long used. If for example, in the future crypto will be used as a payment method throughout the world, I hope it will not erase the role of the bank. Every country has its own rules regarding finance, so if only crypto is to be used, there will be many problems that arise. |
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One major point in trading is it is difficult to cut loss and control greed if we can attain peace in trading with minimum profits then we can expect good long-term profits
Cutting loss in trading is not a difficult thing to do as long as you know exactly what you are doing. The problem with people is that because they have no understanding of how to properly trade the market, they enter positions however they like, they have no single strategy to make a trade or a plan before even entering a position, it would always be a challenge for such an individual to even understand how they can stop loss or where they should be setting it in the first place. Trading based on the feeling only, can give us a bad and unexpected result in the long run. It is better to have a steady guideline/plans that we will follow regularly. If we followed just our feeling, then we will become a trader gambler. |
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Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
I think your fear is excessive!! all exchanges that are currently running have advantages and disadvantages of each, none of the same. In fact, more and more exchanges are better especially for crypto coin developers, they can choose in the exchange where their coins will be listed, the more places the coins listing, the more investor interest in their coins will increase. Yes, the more exchanges the better but we shouldn't blindly trust all of them, especially with the newest one, before we make some researches. Reliability and trust are the most important things we must look for. |
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In my opinion, currently, bitcoin is an investment of economic and financial value. And in the future bitcoin will no longer be an investment but will become a global currency that will be used by all people around the world.
Actually, aside using bitcoin as currency you can also use it as investment which much capable to make income. Many people prefer to use it as an investment because of its price. However, I agree that there is a big chance that bitcoin will become one of our currency. Using bitcoin as an investment is already a good thing for me and if I am able to use it as a currency, that will be an extra benefit. The legality of bitcoin as currency still don't get permision from government till today. |
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What are you doing right now in this bear market?
Do you think we are in a bear market or is it just a correction?
In this condition it is better to lower our target if we do daily trading. Below 5% profit is still make sense to achieve in this current condition. Otherwise, keep holding to see the trend. Who knows in October the price will soar again. |
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iam not believe manchester united lost again
manchester united still bad performance down performance
mid week meet valencia in champion league, i hope can incraese performance and win
Manchester United was so poor on that game while West Ham United played an effective football. If MU still wants to compete with other top teams, they must immediately make an overhaul. What they showed up to this week wasn't impressive. Making 10 goals and conceding 12 goals from 7 matches is a very bad achievement for a big team like MU. |
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FOMO is something that usually occur, both when I am on trading platform and when I am at gambling places. To prevent it from haunting my mind, I made several targets before trading or gambling. Targets are limits that I should not violate.
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It's okay to persuade family and friends to invest in bitcoin but don't just talk about the big advantages we might get. Also explain to them that a bad possibility might occur. Don't let us be blamed if later, bad things happen to their investment.
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Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
I agree with "don't jump into a coin when the price has jumped too high". Usually there will be a correction in price before the trend continue or changed. Btw, in trading everything will look very complicated especially what is the right time to start to buy and what is the right time to make sell order. Each person must have his own way and it differs form one to another. |
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Chelsea vs Liverpool
What are your predictions guys? Liverpool is on fire this season, but Chelsea has got Eden Hazard. My prediction 1:1 (Salah and Hazard)
before meet in premiere league chelsea and liverpool meet in cup league and chelsea win, but liverpool play with second team i think in premiere league liverpool can win, because play with first team This game will be tough but since Chelsea will play at home, I think Chelsea have a better chance of winning this match. This is an opportunity for Chelsea to overtake Liverpool's points. |
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How long it will take this
"Sorry, we're down for maintenance."
As Baryom said before, maybe today we will get good news. Let's hope the good news is that the maintenance process will end and bitsler will resume operating as usual. |
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We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
To be honest, the use of bitcoin can be divided into two parts, as a currency and as an asset. It is true, in some countries, including in my country, bitcoin is prohibited from being used as a payment instrument due to its price volatility. But on the other hand, our government does not prohibit the use of bitcoin as an asset. We can still buy, store and sell our bitcoin in the same ways as any other assets which have existed. So, not all countries forbid the use of bitcoin. |
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any trader should have a trading strategy, methods of entering and exiting the market and the ability to learn from their mistakes
Yes, trader should have strategy and keep following his strategy no matter at what conditions. Emotions may arise as a response to the market condition, but it is better to keep calm and steady with our first plan. That's a little suggestion to avoid us to become a gambler in trading platform. |
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Yes, of course I will still gamble. No matter how strict government rules prohibit gambling, they gamblers will still survive. Maybe there will be government officials who will support this business, all will run easily with the power of money. Of course we all know the amount of money in the gambling game. I think drugs are more dangerous than gambling.
Gambling is illegal here in my place but the rules are not very strict and the number of people who still do gambling is relatively high. Moreover, crypto has made the gambling experience look more safer therefore I keep doing it even though with just small amount of money. |
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I say you don't take break or something, instead of that just stay from gambling. Moreover gambling is not meant to make money only you will be loose the funds from your wallets.
Nothing there in gambling field is stable. So not even for consideration you should not go with the gambling investment.
Well if the OP just wants to have a break, why not? I think the critical responsibility of the person is to be strict with funds and accept losses whenever it occurred. It's not going to be fun if you become emotional, you should just be smart with your funds and approach a strategy. That's what I do most of the time. Saturation caused by not getting positive results after trying several times can make people leave gambling, either temporarily or permanently. If in bored condition but we still force ourselves to gamble to chase the loss that we suffer, usually we will tend to violate our own rules and the results will certainly be very disappointing. Take a break will be the best thing to do in such cases. |
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It would be hard for bitcoin to go any further if there is no legal acceptance worldwide. But fortunately, there are some countries that already marked it as legal currency which is good for the future of bitcoin. We just need to wait for more countries to start to accept bitcoin and then the party will be begin.
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I think you had a pending order, which is why the sale happened. you may not have noticed, but watching the price every day is not good advice.
Yes, surely he had made a sell order on 49 satoshi and he felt unlucky because a few moments later the price of doge penetrated to 100+ satoshi. Experiences like this aren't new to me. But that's life. We don't always make the most appropriate decisions. |
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The first requirement in investing is faith! So, if we believe that bitcoin will last longer and its value will soar, why not start now? We are in the down trend now and it can be considered as the good time to start to buy some bitcoin and holding it for some period of time till we get enough profit.
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I played more different games in gambling but my huge lost is in dice game i do not know hum much the exact amount but it more or less 1 bitcoin but the value before is not more than 1k dollar, yes of course the regret is there if i save that amount i am a millionaire now. And now i do not engage in gambling anymore.
Usually people who have played for a long time in gambling can't remember how many losses they have gotten. all they do is continue to play and increase capital thinking that they can recover losses and make a profit but it continues to increase losses. I know that because I've experienced that. maybe the loss is more than 1btc because I played long time enough If we add up all of our losses during gambling, of course the number will look great. Let's just say that is the cost we have to spend to get an experience and pleasure. No need to regret it! |
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Scammers know how to enter into people's trust in a variety of ways. Some are so cunning that they manage to send fake IDs or cover themselves with the name and appearance of other people, often for these purposes the image of one of the specialists known in the bitcoin community is taken.
Unfortunately there are still many people who are so easy to trust strangers and trapped in lucrative promises. When the number of scammers has been increased, it is better to stay away and never deal with things that can cause regret in the future. |
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