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1561  Economy / Trading Discussion / Re: What are the Trading Strategy , can i get any best suggestion or reference? on: April 26, 2023, 05:53:23 PM
Patience (30%)
Patience is very important in trading.  The market can be very volatile and fluctuate in a short time.  You need to have strong patience and wait for the right opportunity to enter and exit the market.  Patience also helps you stay calm and avoid making impulsive decisions.
I would put patience at 50% because that is the majority of it, even go as far as saying 51% because that's the most important one and everything else doesn't matter. However, discipline also has something to do with patience as well since they are sort of related so you could drop that a bit if you want, or you could change that to something else.

I would say that if you could do those two together, then confidence really doesn't play a role in it at all. I personally do not consider myself as a great trader or anything but I do make a profit most of the time, how? Simply just wait for it to reach whatever I thought it would reach, could be in a day, could be in a year, but since I am capable of waiting, it does eventually reach those levels easily for sure.
1562  Economy / Speculation / Re: Will April be a red month? on: April 26, 2023, 07:49:52 AM
We all aware that the price of Bitcoin doesn't have a benchmark and anything can happen in any months, it's obvious that two things is involve in Bitcoin price monthly or weekly, either the price increase higher or it's Falls, it maybe that we have experience all greenish colours of Bitcoin this year and the little red colour we experience will drastically falling or after this month it may rise above twenty eight thousand (28k) or it continues to fall because of the market demand.
While it's true that Bitcoin can go any direction at any moment but it's likely that this month will end in red, this is a correction month and we have been seeing that since the start of the month. Bitcoin drop below $30k means the market doesn't have the demand to keep the price trading above $30k and we'll need some more news but at the moment we aren't getting anything positive.

The only reason the market pump before which was last month was because the market was oversold and was due for some pump. Bitcoin has been finding it difficult to retest $30k and I don't think we can do that before the month ends, we're just 5 days away and things aren't looking that positive.
When you look at the start of the month, and look at the end of it, I would say that there isn't really a big difference. There wasn't much change in the end if it ends up like this, of course it depends if it will drop more or not as well because if it doesn't drop more then it should be fine. Too many people think that it will not be able to recover from here but I think that it will recover from here as well and end on a good note as well.

However, if the price ends just like this then that means we are going to be fine and there won't be any issues at all. Hopefully that gets better and we will end up with a good result, should be tough to crack but it could happen and I believe there are too many people willing to buy because they think like me.
1563  Economy / Speculation / Re: Will the price gets to $60k this year? on: April 26, 2023, 06:10:32 AM
at least we have good basis on how we will  predict the coming value but also I still cannot see any chance of bitcoin hitting 60k , maybe what you said is also mine that
40k at least will be broken(hope to happen soon)
but even if bitcoin will hardly getting that price , at least we have seen
the value above 30k recently.
and for me we are still in correction that is why the price keeps holding in 27-28k for a while now at least 3 days?
I do believe that 40k could happen soon, I know that it is not going to be easy or anything like that but it could still happen. I feel like before the summer is over we are going to end up seeing 40k for sure. That's going to be a tough increase and there will be some issues along the way but we are going to probably end up seeing that. I hope that when that happens, we are not going to end up with any problems at all, and we end up with a good result.

We need to remember that whenever price goes up, there are a lot of people who sell for profit, and when they sell for profit the price goes down, and some people panic sell when they see it go down, and then there are leverages that gets cashed out, all of those combined make it go down a lot. So, we need to be ready for anything when it goes up.
1564  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency, a Decentralized digital currency or commodity on: April 25, 2023, 06:54:40 PM
It's because you still view the price in USD equivalent, if you view in BTC equivalent, you will not ask the Bitcoin volatility, but you will be surprised if USD value is always decrease if you compare with Bitcoin.

Bitcoin can be a good solution if there's a business or countries which want to accept Bitcoin as payment, they shouldn't adopt other shitcoins because it's used to pump and dump. Today the price is $20/each, tomorrow it can be $1/each, it's really not good to use shitcoins as payment alternative.
I agree that those alternate currencies are very risky and there is no reason to use them, I highly suggest not using them as well. However, we need to remember that the best case for us today would be having a multiple option as well. So how do we do that? I feel like USDT is one of them, even though I do not trust tether, they have been proving everyone that they are as legit as it gets for a time being and there are users so that should be a currency to use.

And I think ETH is also nearly as big as bitcoin when it comes to trust as well so that could be used. So when you use those three, suddenly you have options to offer to offer to people and that could actually help you with a lot of stuff and should be able to actually profit you as well.
1565  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: April 25, 2023, 04:41:02 PM
Its one-off test but very important one.

Yeah in absence of Pant and Shreyas, selectors hardly have any choice in the batting lineup. KL did fine on his last tour of England so maybe that's why he's on the roaster. I'd have liked if Kishan was there with the gloves as keeping is not tough in England. He could've become like for like replacement in absence of Pant.

I won't even mind if KL keeps the glove for 1 test as it would give them another batter option in the playing XI. Kinda surprised to see 3 frontline spinners in the squad, bowling combination would be tough to select.

My hypothetical team would be Rohit, Gill, Pujara, Kohli, KL (WK) Axar (as pure batter), Jadeja, Ashwin, Lord Thakur, Shami and Siraj.

Batting deep with Thakur coming at number 9 and that means 6 bowling options (3 spin all-rounder + 1 seam all-rounder + 2 seam option)
WTC second final and India second time going to play this with first lost against New Zealand and now having Australia as opponent which is surely not easy game for them specially as we are heading for England again; hopefully in near future we will be having some changes and other countries will be also able to host WTC final because it is also important here. I am not understanding about the inclusion of three spinners because in England this has never been ideal situation for spinners; here I agreed if we have Rahul as wicket keeper this will help them for having another batsman which is important in these conditions.

My probable team would be Rohit, Gill, Pujara, Kohli, KL (WK) Axar (as batter and parttime spinner), Jadeja, Ashwin, Lord Thakur, Shami and Siraj. Completely agreed with your this team in current circumstances because this could be the best available team which can do better performance, and we can feel positive from them about positive result at least on this second attempt.
1566  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: April 25, 2023, 01:01:24 PM
Bitcoin has use cases as legal tender in several countries, while many countries still have not legalized it. Bitcoin is considered an investment asset that the average user has made so far, I am the same. In fact I think the same is also included in your plan on bitcoin instead of as a means of payment. So I must feel really weird when you say "I don't really understand what is the right thing to do with Bitcoin after it will go to the moon".

I just think that the bitcoin that I have right now is an investment asset, not a means of payment. Of course I have a plan for when and at what price I expect to sell it in the future either incrementally or sell it all. I'd probably put my initial target at $100k, but if the price is still very likely to go up then of course I'd just change that plan and maybe only sell part of it at $100k.
I think if we could go with the payment situation then we are going to do a lot better in the future. I still think that there will be a lot more nations with legal tender in the future, not bigger ones like USA or Germany, but we are going to see it accepted in much smaller places for sure.

The next biggest ever name is Malta to me, if that happens that is going to change so much, if Malta has it then we are going to definitely see some big increases. They are a huge nation compared to El Salvador because of legality reasons and I also believe that they are going to get a lot of peoples money in there, think of it like Cayman islands but for Europe instead of America. That will result with many crypto purchases and the price will skyrocket without a doubt.
1567  Bitcoin / Bitcoin Discussion / Re: Why does Bitcoiner still support the use of centralized exchanges? on: April 25, 2023, 10:35:22 AM
I think it is much more easier, convenient and even safer to use centralized exchanges for trades because we no longer have to pay for an external escrow and most times don't have to panic over the safety of our coins while indulging in trades.
What are you talking about? Centralized exchanges lock accounts, freeze coins, or just straight up scam/go bankrupt all the time. You are handing complete control of your coins over to a third party, who can (and often do) do anything they like with them. With a good decentralized exchange like Bisq, the coins stay under your control until the trade is complete. There is no possibility for them to steal your coins since they never have them in the first place. A good DEX is exponentially safer than a CEX.
I basically don't store my coins in centralized exchanges but I trade most times on those exchanges like binance  and I like the entire experience I get from there and there there also possibilities of stealing coins on those private exchanges ?
I would love to know the risk of associated with using private exchanges apart from not being a sole holder of your coins.
That depends on the exchange that you are using. If you are using Binance then I would say that it is as safe as it gets, most probably it is safer than using any type of wallet yourself, because binance can do security better than any of us can do.

However, if you are using some small volume place, they could just exit scam everyone and steal their money, that would be a troubling thing. I hope that it wouldn't really become something boring and risky, I hope that it does as well as hoped for, but that doesn't change the fact that I would not be doing anything risky. Just keep it at a safe place if you want to, but using Binance would be enough for you, unless you have millions of dollars, in that case find something that is even safer.
1568  Bitcoin / Bitcoin Discussion / Re: Bitcoins, Telegram and Security on: April 25, 2023, 08:20:05 AM
The @wallet web interface now enables users to buy Bitcoin using a bank card or the P2P market in the “Buy & Sell” section. Additionally, the platform’s updated “Exchange” feature instantly swaps Bitcoin, Tether (USDT), and Telegram Open Network (TON) with each other.
Ok so I also have doubts about it. Does this mean that apart from buying with the bank card (KYC) you can make P2P trades without KYC? It should be so, I imagine, as Telegram sells itself as being very respectful of privacy. I don't use Telegram much nor do I know how it works, but I welcome it if it is implemented that way.
I think you are giving your bank card so that is default as KYC as it gets. People can find who you are from your bank card without a doubt, not that you are giving that to anyone, but at the very least the other side is open. So if telegram doesn't share that you used that card to buy, the bank could share that you bought from telegram instead, so the reverse KYC works there.

Remember, the card is tied to a bank, and you can definitely use a debit card you bought from someone so it may not have your name on it, but what are you going to use to buy that? Bitcoin? Using bitcoin to buy anon debit card to use for buying bitcoin doesn't really make sense. Hence, it is obvious that KYC will be out there, you will be giving that info to the bank, even if you are not giving it to telegram.
1569  Economy / Speculation / Re: What if BTC won't see ATH again? on: April 25, 2023, 04:03:31 AM
In my opinion, the supply cap is not enough to guarantee that bitcoin will rise in price and hit a new ATH, it is more important about its demand. I mean, even if bitcoin has a limited supply but its demand is not high, people don't value it, it can't go up in price. Supply and demand need to work together, higher demand than supply is enough to trigger higher bitcoin prices in the future. So, whether bitcoin goes up in price and hits a new ATH is entirely up to us.
Sorry for the late reply, but I'm short on time at the moment. Yes I agree with you. Certainly, capping the amount of bitcoins is not the main reason why we will eventually see a new ATH. As you write, supply and demand are the main reasons for a new ATH. But by limiting the amount of bitcoins, this could also lead to the supply of bitcoins becoming very low in the future. Surely the demand still needs to be high to hit a new ATH, but maybe the limited quantity will help with that. Either way, I see the limit as a good thing and it's an advantage that hardly any other investment or currency can offer.  Smiley
I think capping the max bitcoin is a very good reason why bitcoin could go higher, but that doesn't mean that anything with a cap goes up neither, so I agree. I mean I can create a token in a minute with just 10 token max supply, would that suddenly mean that 1 token would worth millions? Of course not, we all know that won't happen and that's a terrible decision.

This is why I believe that we should not really be doing something like this at the moment, what I believe however is that if we could get bitcoin higher, then the cap has "something" to do with it. Obviously when you look at ETH and how it is unlimited, that still goes up and we are doing fine about that, which means that it's not the only reason and would never be considered that way at all.
1570  Economy / Speculation / Re: When to buy one time off bitcoin. on: April 25, 2023, 03:24:33 AM
BTC charts you will get, but absolutely it doesn't mean anything. There are no guarantees that the real chart will be just like that. You are not so naive as to believe the charts from Google, right? Even more so, to use this information for investment. Smiley
OP asked question about how previous halvings impacted the BTC price. I have delivered the answer in a form of a chart found on google. However, in the last sentence of my post i wrote that halving is not a major force that moves prices, and I even get into discussion with other bitcointalk members describing how irrelevant 4th halving is from a fundamental point of view. But you certainly know that, because you sure didn't do it so that you read only the first post, and after seeing the first picture, you started writing anything just to make another post to meet signature requirements? "you are not so naive [...], right?"
I feel like the chart should be showing what happens near it but the reality is that after a year or so from the halving, each time it happens, the price goes up, it went up before and it could happen again. I understand that it may not be a near the halving level and it looks like maybe it has nothing to do with it when you look at that, like 2-3 months before and 2-3 months after could be calm and not really a huge deal.

But, I suggest you to look at 1 year before and 1 year after and see the changes in the price. One of the biggest examples will be this year, look at the price average this year in 2023, then look at it at 2024 and compare that to 2025. I bet you that in 2023 we will do fine, in 2024 we will do good and in 2025 we will do great, and obviously in 2026 we will do terrible again just like 2018 or in 2022 as well.
1571  Economy / Speculation / Re: Correction from $30K: Reason to worry? on: April 25, 2023, 02:41:24 AM
Do you have any special reason to believe in a price jump of even 30% in less than one month? I'm not saying that there is no possibility of this happening, but I see only bad news on the horizon, whether it's about the US or the EU, not to mention that the war in the east of Europe will soon enter a very critical phase because a massive offensive is being prepared by the Ukrainians.

Anyway, this year should be in a positive sign when it comes to economic recovery at the global level. I do not believe that the price of Bitcoin will deviate too much from these trends, and the additional tailwind can only be a few more banks that will experience a collapse - because maybe that is the reason why we have witnessed an increase in the price of BTC of almost 100% in a relatively short period of time.
You may, I do not. First of all the price could always jump when something bad happens, because something bad in the world would usually mean either inflation or simply just terrible economy and when that happens it does help the world of crypto as well. Look at pandemic, we reached 68k price, why and how? Because economy was doing terrible and inflation was at all time high levels and that caused bitcoin price to soar as well.

This is what believe is in the future if you think there will be bad things. However, I also do not think that all of that will happen, wars will be eventually over, finances fixed, elections over, everything will be much better in the future, we will not have what we are afraid of today, it will all come to pass and we will go back to our regular life.
1572  Alternate cryptocurrencies / Altcoin Discussion / Re: New projects come out when bull market begin. on: April 24, 2023, 10:10:34 AM
the price of the token will also rise so it's a good way to promote the new project at the same time.
in a way though scam projects use the same technique to make the new project look good for the newbies to invest and then it turns scam after the bull run.

they are getting few this 2023 though. people in the forum are fed up with them since. this time i think they will just have to be on social media where they still can scam.
Scam projects use the hype in a bull market to promote their scams with people overlooking the common red flags because of the hype. Thing is that investing in the bull market is an overall loss, be it altcoin or bitcoin because the price will go down in the next step and then you will be in a bad situation - the bull market is rather the time to sell and profit and wait for the next bear run.

So going by that ideaology, we should not invest in new coins coming up during the bull market. But most newbies dont understand this and make the mistake of spending money on many such projects.
The loss of logic and research during the bull run is the biggest threat. Scams are everywhere all the time, even during bear period we have scam projects and many people got scammed as well, but during bull run there are even more scam projects.

However, people are much careless during the bull period like you said because they are too caught up with the bull hype, which is unreasonable. I mean just because there is a price increase in bitcoin and some altcoins doesn't mean that a project you invested into should be making any money at all. I personally believe that the best thing to do would be making a different approach to this issue, like how you should do research on the project no matter what the market is looking like.
1573  Alternate cryptocurrencies / Altcoin Discussion / Re: Randomly receive small amounts of TRX on: April 24, 2023, 09:11:46 AM
this has happened to me too and because I'm new to the world of crypto, I don't understand why it can happen so often, apparently my friend said this is called a dust attack, be careful, don't click on hash transaction, ignore it as much as possible
Your friend is right, there are exactly 101 tokens in my wallet right now, and only 3 of them were intentionally bought, the other 98 are from dust attacks. This of course is a huge number and normally it doesn't happen this much, but I was around during the bull run period and I have participated in so many projects, probably at least a few dozen of them if you include all the bounties and the airdrops as well.

This meant that my wallet would be in plenty of places and that wouldn't really be a good idea for me to do because I just let everyone know my address but I did to participate. Obviously, in return everyone dust attacked that wallet, I am fine about it because I never click on any of them and never had any trouble.
1574  Economy / Economics / Re: Automating your savings will help you save more on: April 23, 2023, 04:16:51 PM
Saving money isn't something easy, it comes with determination and self-discipline but with automatic saving one can easily set his/her saving amount at interval.
The idea to save as much as you possibly can, even if it puts pressure on you but you can do it, means that you could have a better future. Like for example if you can save 50% of your income, in 10 years you would be able to retire, think of how amazing that is.

Someone who starts working at 22-23 years old, could easily retire at 40 years old if they save enough and invest smartly. I am not saying that is what you should do, you would go crazy if you retire at 40 and do nothing, but at least you do not need to work at a job you hate if you have that. I got lucky in that sense because I love my job, but I still save just in case something goes wrong in my life, like a sickness and I am unable to work, be ready for anything.
1575  Economy / Economics / Re: Americans go to Mexico for medicals to cut costs. on: April 23, 2023, 03:26:21 PM
The reason that made US companies set up their business or factory in another country is the same reason why people could go elsewhere to access the facilities and services that the US could provide. Cost is the factor! Medical tourism is not an exception, people are trying to cut costs, and if the alternative could deliver the same service or almost the same service, then it's a good bargain as far as I'm concerned.

By doing that, some people must have cut more than divided by 4 of what they would have spent in the US, particularly during this time of inflation.
Medical and other stuff have different results. If apple uses China to produce iphones, that's fine, the worst case is that some American workers are not getting money, and iphone is a little cheaper thanks to that. But if we are talking about having to go to another nation when you have cancer for example, that's not going to be good, or to have your chemo? What are you going to do go to another nation once a week or once every two weeks? That's not normal, that should not be normal at least.

It's not the same thing, you can get a product made somewhere else, but you need your health to be taken care of as near as you can be. What happens if an accident happens? Like car crash, you either die, or you are in poverty for being in an American hospital. How is that the two options you have? That's sick.
1576  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu turns into privacy coin like Monero or ZCash? on: April 23, 2023, 11:32:24 AM
from here we can see which meme coins are good and which meme coins are not, shiba inu is one of the meme coins which in my opinion is quite good and consistent in the process of developing, and shiba inu has great potential in the future, if shiba inu can continue to adapt to keep up with current development
You are pretty wrong there mate. I mean shiba is just there because of the hype, and there are no good or bad meme projects all of them are unfortunately bad. This may come as someone who just dislikes crypto, but all of my investments are in crypto and I have nothing else, I haven o stocks, no gold, no real estate, no futures, nothing.

I am in pure crypto, and I invested into some pretty crazy stuff back in the day, and yet even with all of that I am warning you not to invest into shiba, or doge, or any other meme project. It is not going to give you any money and you will lose it. Just like how Elon pumped it with twitter for a while and then it crashed, you will buy because of the hype and it will crash again.
1577  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not believe every crypto news you read online on: April 23, 2023, 08:10:03 AM
News/ Communication is a double-edged sword for the cryptocurrency space and also to the outside life when all kinds of negative, extreme, etc. information easily deceive people and put pressure on people.  On the contrary, in a welcoming free space, we all want to choose the right information and news even if we have no experience with it.  That is a fact that proves an unacceptable rate when the media plays an increasingly important role in life, business and economy.  How do we know if information is true or false when they don't understand it?  only try to increase awareness, learn and do more research to eliminate them.  The decision will be yours only then
That is true, it is not just about crypto but the whole world is filled with fake news these days. It doesn't even have to be fake, you can shift the words around by stating something good and making it bad looking as well.

Like someone could win a million dollars from lottery, and you can title the news "everyone else lost" and suddenly it looks like a bad thing right? Same here, I think when bitcoin goes up, instead of saying bitcoin went up, they can say "bitcoin may fall even harder due to increased price" or something and make it sound like a bad thing. This is why it is important to not check the news as facts, check what it says but also check what the actual story is as well to understand it completely so you don't get fooled.
1578  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the altcoin holders hang on until the bull run comes ? on: April 23, 2023, 05:51:33 AM
I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
I am not entirely sure the doge one is true. I mean I do think that ETH and BNB will break over ATH in a year or two, when the bull run happens, but that is eth and bnb which are the top names of course they will go up.

Doge on the other hand is a meme project that went up due to hype created by Elon, which means if he pumps it again then it could happen, but if he doesn't do that then it may not get that high ever again. Could it break over ATH? If he tweets about it at least once per day, then it will definitely break it without a doubt, he did that for a while back in 2021 and that's how it got so high, same could happen. But if he doesn't do anything about it, then there is no way that it could go up that high ever again.
1579  Economy / Trading Discussion / Re: Best trading strategy for everyone! on: April 22, 2023, 04:41:30 PM
do you think it is reasonable to enter a long term trade based on 3 minute candles? The pattern on which you trade is a maximum of 10 hours long. That's less than 1 daily candle.
I will not get into a "hodl" transaction based on 1 unfinished daily candle.
3-minute candle is for very short trades and it is risky. I don't know OP has ever witnessed fall or crash of Bitcoin within a few seconds, one or two minutes. Even if you use longer candles like 4-hour, 1-day but you are not good to control your position, use stop loss order or stop-limit order, you can have big loss.

With 3-minute candle, you will have very narrow view that is not good to prevent being killed by market squeeze.
I agree, I think the price should not be really like this at the current moment neither but it is, however 3 minute candle is not the way to in order to trade. If you are going to make a trade within 5 minutes then maybe, like buy and sell all within 5-10 minutes then maybe that would be ok, but we are talking about something that is too risky at the moment.

You should be like a futures trader or something to care about that, I am not one of them. If you want a proper trading, 1 hour is more than enough, because that gives you decent candles and you can make a trade, however if you want to make a quicker trade at least do like 15 minutes in order to see it clearly, 3 minutes is just way too short and will not show you anything.
1580  Economy / Trading Discussion / Re: Trading Signals vs Own Analysis on: April 22, 2023, 03:21:10 PM
I somehow tried to follow these signals, the tokens I follow, to see how much my opinion coincides with these signals, but I will say that there was little useful in them. I noticed that very often there was empty content to maintain, and there was simply no point in following them. I don’t know if it’s possible to say that trading is similar to gambling, these are different things, and if we talk about spot trading, then trading is safer than gambling.
Yes spot trading is lower risk than futures. When trading spot we only have to wait a long time when we take a loss, and that is better than having to lose our money all at once. But that doesn't apply to all coins, because we have to see and analyze which coins we will buy. We must continue to analyze carefully, especially in a bear market where the existing coins may not last as long as the bear market. Therefore we can buy coins that have been around for so long and already have credibility.
This is why I do not trade futures at all, leverage and all that makes me worry too much. If I do like x100 leverage, that means I could lose all of my money with a single 100$ move, I am not favoring that and it sounds a scary thing. However, if I end up investing according to what I believe will happen, then it will be a lot better and it can change so much as well.

It is troubling to think that spot trading is less risky because of how much riskier futures are, the scary part is not spot trading, being less risky is good, the scary part is how much more futures is risky, it is not just a bit risky, it is not like if you lose 200 in spot, you lose 400 in futures, no. It means you lose 100 here, you lose it ALL there, that is huge.
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