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2281  Economy / Trading Discussion / Re: Biggest reason why you dont make profit first on: November 21, 2022, 08:25:30 PM
it is not easy to maintain psychological stability when the market crashes like today and this is compounded by the FTX case which makes people no longer trust exchanges and withdraw all their money and some even sell assets at a lower price. the impact of the FTX case is being felt today.
Now is the right time to invest and wait for the bull market to come, but we also have to be prepared if the market continues to show crashes.
It would actually be the most important thing, because when the market crashes, if you could keep your emotions at bay, then you know what to do. It’s as old as time, you just DCA and buy a ton of bitcoins if you can, and I know most of the world is not at a point where buying bitcoin is possibility, not everyone has money and I certainly lack funds to buy more right now, hoping that after new years I will be able to invest some more.

However, if you let your emotions impact your trading, then you are going to be doing a lot worse and that’s going to cause you to have a ton of trouble, I suggest everyone to stop "feeling" things running their trades, and start using just their brains and nothing more.
2282  Bitcoin / Bitcoin Discussion / Re: How will CBDCs will impact Bitcoin? on: November 21, 2022, 06:09:20 PM
Still won't give any effect to bitcoin, believe me. Again, CBDC is fiat, what do you want fiat to do other than make it a means of payment? You want to make it an investment? Impossible. Then why should we be afraid of CBDC?
I repeat, CBDC's just a means of daily payment, to buy burgers, tacos, Pepsi, pay rent, etc.
Some governments promote CBDC as a better and safer crypto so there will be some impact as decent number of potential Bitcoin users will not learn about it enough to start using. In another hand using digital money will give an experience of doing so and motivate some others for learning more and to know about Bitcoin what is an impact also. May be impact will be not too big but some impact will be.

But yes, CBDC is just another form of fiat, I totally agree.
I think it is not going to be an alternative to bitcoin but more like alternative to usdt, which means that there will be a lot of people who will use it, and it will be very much liked. All these people who claim that it will hurt crypto do not know what they are talking about, if a government is doing CBDC that means they are actually promoting crypto to a point and that's a good thing.

I believe that we are going to be doing just fine and it should be something we really enjoy and promote ourselves as well. If a government accepted it and uses it, that means they are actually quite fine about crypto as well and that means we can promote crypto saying the government promotes it as well.
2283  Bitcoin / Bitcoin Discussion / Re: How important is fiat to Bitcoin? on: November 21, 2022, 03:08:02 PM
I will not agree with you on the part that "bitcoin can do without Fiat and Fiat can also do without bitcoin " how? And how many things have you used bitcoin to buy in your locality? Bitcoin is only an alternative currency to the Fiat currency, and that means bitcoin can't stand alone because you can not use it to buy things in your local market. But Fiat can be used to buy things both online and offline but bitcoin is only online. Therefore, it is only Fiat currency can be used to buy things in my locality but bitcoin can do things without Fiat currency. Bitcoin cannot stand alone but Fiat stand alone.
I guess bitcoin can do without fiat is a future promise, not something we can discuss now. So for example, we could end up with all of the fiat in the world gone, and just use crypto and it will be fine, there is really nothing wrong with it.

I personally would love to see something like that happen one day. Imagine all the fiat gone, and you only have bitcoin and then some alts but everywhere people use bitcoin, just like legal tender but no fiat available, just bitcoin. That would be so amazing, it would also allow that no government could just play with it, right now they are printing money however they want and change laws accordingly, bitcoin would be decentralized.
2284  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: November 21, 2022, 10:42:28 AM
There is another T20 match between New Zealand and India on November 22. I will also consider India as the champion. Because their current squad has been great. Suryakumar Yadav scored a century with 217 strike rate in T20 matches till the end he remains unbeaten. For this, India got a big win against New Zealand by 65 runs which is appreciable and one of the Indian greatest matches of this era. They will perform well in the upcoming match under the leadership of Hardik Pandya. But many have already uttered that Hardik Pandya could not show his performance in today's match. Their ideas are the main reason for captaincy. But I think there is no point in bringing up the negative aspects as India win the match.
New-look India under Hardik Pandya done amazing performance in second Twenty/20 match of this series after first match completely washed out due to rain and SKY is surely new hero with his amazing skills and impressive batting most of the players done good job as now they were playing fearless game which helps them for having big target 191 which bring down Kiwis before start of their batting and after start of their batting bowlers were also on target specially Bhuvi is still having good potential for controlling opening batsmen.

Now it's all on BCCI management how they keep this team because giving them free hand allowing to play without any pressure is surely going to be brought new standard for them most of the youngsters are having natural talent which needs some experience for having positive results and with the keeping mission of next world cup in mind they can take good results.
2285  Economy / Economics / Re: Russia To Legalize Use Of Cryptocurrency In International Trade on: November 20, 2022, 06:21:21 AM
What is surprising to me is the fact that Russia have come around to accept the use of bitcoin in large base to trade mostly during these times with war efforts and sanctions imposed. It is good, as it will ease the major world of the recession issues we are facing. I know the war is a contributing factor to the high inflation and scarcity of natural gas and other much tradables that have been needed.
The country has been known for its strict policies and this acceptance I feel will affect the rate or influence the crypto market if enacted.
Surprising in a way that Russia is a strict country and are very allergic in many things but it's great that they made an exception with btc. I think that's because they found that btc is not controlled by anyone so they know that no one would stop them if they use this. Anyway, this topic was posted way back on September, so if you are active that time then this news won't surprise you anymore.

There's also no recession that time but I think we are at it now. Russia might still be using btc but is there any change the way we feel the recession? I guess there's nothing and even the btc itself is also been affected by it. Just continue doing your best, I know we can survive a situation like this.
2286  Economy / Economics / Re: Crypto should follow Satoshi's vision. on: November 19, 2022, 04:26:58 PM
In fact, there are many reasons to choose CEX over DEX. I disagree with many opinions that investors are indistinguishable, and not aware of the risks when they use CEX. We all know but this is a choice and a risky trade-off to find comfort or a job, I don't see a solution for day traders if they don't use CEX, where will they make profits? or a place to convert fiat to crypto conveniently as you say. All these things DEX has never provided fully and is not as easy to use as CEX offers.
I would say fiat to crypto or vice versa is a good reason to use CEX, that part is true but that’s not trading, that’s just getting in and out of crypto and trading is something else. Using dex would give you a lot of freedom, and it’s not risky at all, whereas using CEX has all this type of problems such as what happed to FTX and a million others before that.

This is why I highly suggest everyone to take a look at the situation at hand, and do not be worried if DEX scares you at first, because it does that to everyone, but you will get a lot more comfortable with it over time. I know you feel at ease when you use CEX but that’s because you have been doing that for a long time, when you move to DEX, eventually you will feel the same.
2287  Economy / Trading Discussion / Re: Reasons why the 95% of future traders lose all of their money on: November 19, 2022, 02:29:22 PM
Is there a person who consistently profits in futures trading? I used to think that the end result is profit, but the continuity of profit is something close to impossible, and 5% is considered very high.
What is the source of this data or the closest analysis to reality?
So the majority will lose their money even if you are experienced.
There is none, I can guarantee you that. I do not mean that the overall result wouldn't be a profit, there are people who make money from this on the long run, like let’s say they make 3000 profits then lose 2500 and then make 4000 profit and lose 3000.

Those type of people do exist, the overall results if you look at them yearly would be a profit, not a common thing and very rarely found because most people lose money obviously but the long term profitable ones do exist. But there are NO futures traders who make money consistently, they all profit some and lose some, there are none that profit all the time. That’s why you need to be ready for the loss while making a profit.
2288  Alternate cryptocurrencies / Altcoin Discussion / Re: SBF said: WHAT HAPPENED? on: November 19, 2022, 10:35:10 AM
I also believe in this conspiracy theory, It is also my belief that this was a pre-planned accident. It should also be noted that all of these people are Democrats, and the SBF donated 400 million dollars to the Biden administration during the last election as well. He is the 2nd biggest donor of pro-democracy party and most likely all this donation is user money from FTX. In the end it's all for the sake of US politics, LOL.
Rumor has it that Congressman Maxine Waters will preside over the FTX investigation in the House.
Not all of them are democrats, you could trust whatever you hear or listen from republicans all you want, but it is not going to get your life any better, you are just going to get more bitter because of the false information you have been fed. First of all, Mike Pence is there, you know the one? The vice president to Donald Trump? Secondly CEO of Tiktok? Neither republican nor Democrat obviously, CEO of amazon? The guy who destroyed any attempt on unionization, the thing democrats cared about? Netanyahu?

The one that progressives hate so much because he is responsible for killing so many innocent Arabs in his nation? I can go on, but yes, there are "some" democrats such as Janet Yellen, Van Jones and such too, so it is not "all" democrats, it is both democrats AND republicans together there. Be well informed, the picture is right there, you don't need to be lied to, just look for yourself.
2289  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is about to pump on: November 18, 2022, 08:46:52 PM
People were saying that nobody will use the internet for buying things, but 20 years later people are buying stuff online more and more. Internet, cars, and some other things had the same beginning, people couldn't accept there's something revolutionary is happening, and no matter how strongly you are holding to "old is better and more trusted" sooner or later you will be run over. I think that the same thing is happening with crypto, it will take time for adoption on some higher scales, but that is coming. Like you I am not sure that we can predict the bottom, the prices can drop more... and who knows when the market will get some boost, probably after the next halving. I am trying to not even think about that stuff anymore, simply holding and waiting will pay off eventually.
I agree that bitcoin will definitely grow, but we are above that "nobody will buy things online" stage already, it’s not at a point where it is doing that great or terrible, it doing alright for now. That is why I believe that we should be hopeful about the future of bitcoin too but we are not at that low level, we are above that already.

This means we will grow, and grow a lot in the next 20 years, but maybe not that much. I am sensing by 2030 we will be 500k by 2030, and by 2040 it could be 1-1.5 million dollars, because above that it would be quite difficult. Not that it’s impossible, but would require a high amount of inflation again and again.
2290  Alternate cryptocurrencies / Altcoin Discussion / Re: SBF said: WHAT HAPPENED? on: November 18, 2022, 06:56:31 PM
The crypto world has to work on its overall reputation for immaturity ranging from security issues to hacking can only push newcomers away from adopting cryptocurrencies. I think there needs to be an effort to protect legitimate services from attacks like this. whether we have made or lost money with our investments.
That will grow exponentially, but first we need to realize how to use it first. The fact that all of this is happening constantly is because people are falling for it each time, and that means if I can steal billions from people, then why wouldn't I do that? I personally wouldn't because it is not moral nor ethical and I feel like I would feel shame all my life and would not be able to live with myself if I ever did that.

But, the criminals of the world don't care about that at all, they just ignore it all together. Which is why I believe we shouldn't really be letting them make the decisions anymore and just not fall for them, if we stop falling for it, then they will stop doing it.
2291  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: November 18, 2022, 03:32:01 PM
When a team can improve in the game, it is obvious to ‍spread it to everywhere. We all know that UAE is in the leading position in cricket in Middle Eastern countries. But with them, Nepal is roaring and constantly win the game. If Nepal's win in today's match then Nepal will win the series against UAE. This will definitely be plus point for Nepal. If they can maintain this continuation, they will definitely be able to move up the rankings in the future. 1st innings have already finished, UAE collected 176 runs but it in this regard they already able to score more runs with having one wicket this is a good sight of the UAE innings.
Right now UAE and Nepal both are having completely different conditions for the game because Nepal is surely not strong like the UAE, and they are having mostly native players which are doing their best for the game in their country and UAE players are mostly from subcontinent, and they are having better facilities and financial situation which is helping them but still this is very good result from the Nepal team in their limited sources with this result we can understand they have talent and skills, but sadly they have no good support from any big country or organization like the UAE is having due to their main hold on ICC.

If ICC able to provide better support then surely we can bring better results from many countries like this which are having native players and better environment but sadly due to not good financial situation they are fail to give better results.
2292  Economy / Speculation / Re: It's a Great Chance to Buy Bitcoin before 25 December Bitcoin High Jump ^ on: November 18, 2022, 02:55:50 PM
The success of Bitcoin does not depend on Bitcoin Price fluctuation. The Whales and the Bitcoin  Exvhanges are selling huge quantities of Bitcoins to short the market. This is an opportunity for the new investors to enter in the Bitcoin Rovolution for taking part in the Financial Climate Change (FCC) 2022.  

Do you think the BTC can fall to £10 KGB ?
OP, how did you estimated so accurately the exact date when BTC will pump ? I mean before citing an exact date, you should have mentioned at least how did you got that date ? Nevertheless, I also agree that Bitcoins increase in it's price during the end of each year, I mean we have seen the similar trend earlier, so definitely there are high chances that Bitcoins might follow this pattern this time also. Yes as the OP have said, buy as many Bitcoins as you can in this bear discounted price, as once bitcoins start gaining it's pace, it won't stop. So we need to act wisely.
I feel like there is either a drop or an increase at the end of most years, that could be a valid reason. Summers are usually cool and doesn't move all that much, whatever it gets in, that’s how it get out. Like this year it was mostly around 20k if I remember correctly, and it got in that way and got out that way as well so that’s easy to predict as well.

Most summers (not all) you can sell all your crypto in June 10th, and buy back in august 20th and you wouldn't lose much, these predictions are "easy" but they are not guaranteed, anything could happen. Same with end of the year moves, it will either crash hard, or breakout high, staying same rarely ever happens during end of year periods.
2293  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: November 18, 2022, 12:35:31 PM
In trading that I experienced, we cannot think positively continuously, it will increase optimism which is quite dangerous in trading both defeats and wins, will make careless choices. During my trading, positive and negative thoughts must be in your brain and heart so you can consider the risks you take. Why is that?
Positive thinking will overshadow us to keep trying and trying because it comes from self-confidence that gives birth to ambition.
Whereas negative thoughts will give us a sense of fear that makes us aware.
The conclusion is that negative and positive thoughts must exist as a controlling power within us, when to continue and when to stop.
Emotions will definitely do that, you should always try to stay away from emotions that way you will not be losing anything in the long run. I personally do not care if I win or lose, that's not something I look at when I am making a win or a loss, but that doesn't mean that I will always end up with a win, sometimes I still lose but I try to avoid considering about that all that much.

Obviously you can't just let it be and move on, you shouldn't let it dictate your future trading, but you could always learn why you made that mistake so that you could learn from your losses and earn more in the future, it could bring you a lot of profit.
2294  Economy / Trading Discussion / Re: Can someone teach me where have High Return Invest Program on: November 18, 2022, 11:13:31 AM
It is Bitcoin. Not that I say it was giving you a High return but it gives you security if we're just able to hold and sell them at the right time.

Stop looking for HYIP projects as you are just risking your money on them. You are right investing in these projects will give you huge returns, only if you got lucky. You should know that it was a good investment as they might just giving you a favor for a short period of time, not a long-term profit unlike if you are investing Bitcoin or some potential altcoins.
That is a lot better in the long run and that’s why I prefer it. I have been running a 50% bitcoin, 30% ethereum and 20% bnb run for a long time and I believe that it would be the key to success as well. I know that a lot of people will not be able to focus on that part and they end up losing hope from bitcoin and look for something else to make a lot of profit.

But at the end of the day, it’s not going to be profitable to invest into something that’s dangerous because while you are trying to make a profit, you are going to lose money instead. All those alts people invest with hopes of high return, will end up being a lot more risky and could cause them to lose a lot of money.
2295  Economy / Trading Discussion / Re: Future Trading Liquidated on: November 18, 2022, 06:24:20 AM
Alternatively to be on safer side why not start trading with cross margin with a leverage of 3X which is less risky rather than future trading, I tried future trading got a margin call unfortunately got liquidated swiftly due to high volatility in the price of the pair traded thereafter I switched over to less risky option, trading with less risky option and earn small profits is better than trading with highly risky option like future trade in a bid to earn huge profits but ended up liquidated, you have to erase the mindset of becoming rich quickly in trading, earn your small profit while compounding it will amount to huge sum of money in a long run.
I would say if you really want to stay on the safe side, then just do not trade with futures at all. Spot trading is a lot more safe and secure, that way it wouldn't be possible to get liquidated and unless you invested into LUNA or FTX then you wouldn't be losing all of your money, there would be some drops but those will be just a small loss whereas in futures trading you could lose 100% of your money.

This is why I highly suggest people to stay away from them unless they know what they are doing. Yes, it’s true that some veteran traders could turn a few hundred dollars into tens of thousands of dollars with just a few trades there, but that’s because they are veterans and know what they are doing.
2296  Bitcoin / Bitcoin Discussion / Re: Another opportunity is coming, a time to hold on: November 17, 2022, 08:04:34 PM
Holding Bitcoin is one of my ultimate target and I can't quite now, when I know fully well that it will make a bull run up to $100k as predicted long before this time, although it still have chances of going below $8k, the moment it enter that price level, we should just bear in mind that it will give some traders new opportunities to bagged more while the ones that enter at early stage, will be at big loss, so the best thing for them is to triggered the sell price and wait for it to hit their choices of entry before bagging it again. The market currently facing bear season and let's just give it time.
I think it is very exaggerated that the price drops to 8000$. look at the chart, the support that is at 18000$ is very strong and the price is being traded on the side, that is, it is being traded between 8000 to 20000$. and it shows no sign of a drop to 8000, on the contrary the price may be accumulating in that 18000 to 20,000 zone for some or a long time until it gains a big momentum and starts to go up a lot, the biggest problem currently that is not making the price go up a lot and the financial crisis because of the war in ukraine, I believe that buying a lot now and being patient and selling in a few years can bring good profits
Well that 18k was broken just recently, which was looking like a good support I agree but one message one month ago to today could make so much change. I understand many things happened and there was a bad news and binance and FTX deal and all that, but it is just a proof that how something that looks like it won't be broken could be seen as something that is already broken with just a months difference.

This should be a cautionary tale to everyone who looks at the charts and make deductions and think one thing is possible when the other is not because the one you think that won't happen, could very well happen if there is a bad news.
2297  Economy / Economics / Re: Is long-term employee retention a losing battle? on: November 17, 2022, 03:05:21 PM
Basically, not all employees have good performance in the long term, therefore it is necessary to select according to needs. The company has certain standards in terms of achievement as a set target, for that they recruit employees who are competent and in accordance with their knowledge, in contrast to working in a government environment which is generally less responsible for performance, while companies have greater standards and responsibilities.

However, if you are not the type of person who likes to be managed and does not want to follow the company's standard work system, then this job is not the right place for us to go.
Not all workers have the same talent, but not all companies have the same compensation neither. I have been working for the same person for over 6 years now, do you know how that happened? I am a good employee I think, I do my best, and he is a great boss and we found an amazing pairing, you know how? Because I do my best, and he pays me accordingly and even then some, and keeps me insanely happy, I would never even consider working for anyone else.

Do you think companies pay their employees like that? How many companies are out there paying people so much money that people would not even consider working for another company? Not a lot, most companies pay 50% of what you should be paid, that’s the problem.
2298  Bitcoin / Bitcoin Discussion / Re: Is crypto on the way to destruction? on: November 17, 2022, 09:48:11 AM
Normally it is not safe to store bitcoin in an exchange wallet.  If you make research about cryptocurrency,  what had happened sometimes ago it reveals how dangerous it is to store cryptocurrency in an exchange.

It has been recorded since the existence of cryptocurrency till this moment about billions worth of cryptocurrency has been stolen by hackers.  Cryptocurrency that is stored in exchange is risky,  expecially when it is a long term investment. Their is nothing bad about the current price of bitcoin,  it is an opportunity.
That is a huge amount of money, that’s not an acceptable level of money. We need to make sure we are using the correct systems and not use these very loose safety systems because the more projects come out, the more people put their money in them and they get hacked and the number is growing every day.

Just to emphasize, I do not think that binance or coinbase would be hacked into, or at least our funds would be in danger there, but that doesn't change the fact that we shouldn't keep it there, you could move it out if you want to, because it's so easy. Just put it on your computer, and have like 1 or 2 backup USB and you would be doing fine.
2299  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: November 17, 2022, 07:41:52 AM
This is just a bilateral tour and not a part of the 2019–2023 ICC Cricket World Cup League 2. Therefore a win in this series won't do any good for Nepal. And they are currently at the 6th position (only Papua New Guinea is behind them in the points table) in WCL2. For any increase in funding, either they need to qualify for the Asia Cup, or they need to finish within top-3 in WCL2. At this point, both the scenarios look impossible. And their next WLC2 tri-series is against two very strong sides - Namibia and Scotland.
Lack of funding and facilities are badly hurting Nepal for having better results in this World Cup League2 with now Lamichane's exit is also big setback which is not recoverable in near future so with this all I have been feeling their future is not bright in this game specially while we have team like the UAE which is full of adopted players and having better facilities and funding as well but still hopes are high as they are not bad at all.

Asian cricket is having good competition with too many competitors are giving their best but still we are not having big region not involved in this like ASEAN and China which need good development because this will increase finances and competition surely this also can help cricket to be developed like we have soccer in UEFA because right now this is good and positive for all countries here in this region and with this we will be able to break supremacy of two subcontinent giants as well.
2300  Economy / Trading Discussion / Re: So many good news but Market and coins don't go up on: November 17, 2022, 06:41:52 AM
Why coins not going up ?
If good news coming then price should follow instantly.
I would say that most investors these days believe that crypto market is easily predictable due to bitcoin market's halving based nature of four year cycle which means whatever happens positively, more than 50% of investors still believe that bearish conditions will last till December of this year or at least till first half of January of next year.

When 50% of 'contributing' people are not ready to accept something then we cannot expect usual effect. So in my opinion, all those good news are getting nullified by the believers of 4 year cycle of bitcoin. Overall in my understanding, when there would be more demand for bitcoin then that 4 year cycle might turn to 3 year or shorter cycle; on that occasions those investors who fail to update themselves might get trapped.
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