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661  Economy / Trading Discussion / Re: What to avoid as a beginner in trading Bitcoin? on: March 06, 2021, 03:25:26 PM
Don't get carried away while trading. Always content with small profits. Sometimes we can get double or triple profits that's when we make mistakes. We want to double or triple our investments again and lose all.

Make a concrete strategy, a system that will work each time you participate with

any trades that you take, being contented with small gains and keep rinsing from

time to time is far better than losing your money just because of greed inside you.

Instead of taking your profits, trying to seek for more leads you to risk out your

funds, it's very important to stay with your system most of the time you'll enjoy

the outcome.
662  Economy / Economics / Re: Richest people getting ready for economic crash on: March 05, 2021, 02:18:03 PM
The richest person is really smart at these things and they know how they could earn and get profit from buying bitcoin.

He simply knows how to deal with business, once he shows interest he's

followers are also showing the same, he's good in taking out money to whatever

venue he's chooses to work with. It's very important to have a good set back plans

as rich people continue to collect money while those who are already poor keeps

having more problem as they don't have enough resources to continue and survive.
663  Alternate cryptocurrencies / Altcoin Discussion / Re: Its a bull trap now on: March 05, 2021, 01:48:09 PM
Probably the bull run is over and what we are seeing like a bounce back could be a bull trap. It's hard to say though or to conclude as the market is still too volatile, but the moment bitcoin will dump below $40k, I think there will be bigger panic that will happen, and more so it will make bitcoin to dump more.

We can't say that, like what you have said it's tough to conclude that bull was already done,

and what inside the market is an open opportunities to everyone to position whatever they

think the market will go. It's tough since volatility is always here, but unlike what happened

last 2017, the current market now do have the participations of institutional investors, well-known

business owners who knows and understand the value of long term investments.  DYOR helps a lot

observe and analyze to avoid making mistkes and lose big stake of your fund.
664  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Cardano (ADA) coin hit $10 During 2021? on: March 05, 2021, 01:26:36 PM
I'm pretty sure $10 looking realistic approach in long term target so there are so many reason to keep believe in this tech. This project have wonderful dev team and very strong community behind it. Fundamentally it looking so bullish and that's why I also think it will happen in current year.

The developing founder is doing his best to attract more investors and supporters by providing

Informational knowledge from time to time, with this current fork creating a working chain for

other developers to use this system as alternative or additional options after ERC, BSC and other

chain who offer the same feature. Looking for long term, if this system succeed, expect that it's

not just $10, who knows how high this project can reached.
665  Alternate cryptocurrencies / Altcoin Discussion / Re: As being a miner, what can i do when the Eth is falling on: March 04, 2021, 09:12:01 PM

If the current correction is delayed, then we can get a strong drop in the cost of video cards, which miners were buying with such excitement.

Without doing your research and just buying because  you think it's beneficial

things like this will surely happened to you. Strong drop will let you to sacrifice

your investment.


Many miners are likely to panic and start selling their farms on the secondary market much cheaper. And the most experienced and prudent will simply wait out this time and continue to mine coins after a while.

Better understanding to everything before jumping into conclusion, it's unavoidable

as this venue of invesment still uncertain, only for people who can take the big risk

and not afraid of waiting till bounce back happened.


Ethereum will of course return its positions, it will not fall much. This is not the first correction and not the last, many traders and miners knew very well that sooner or later it will come anyway.

very hard and only those who believe that will take this for long term, this current

market movements is not the last, expect for more twist and prepare yourself with

your position to take.
666  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to find best Airdrops? on: March 04, 2021, 07:55:01 PM
Airdrop not profitable at this moment and this is totally time spend. Actually i miss one trust airdrop like uni and still now i haven't participate any airdrop right now. Anyway you can find some airdrop in this forum service discussion section. Otherwise you can participate bounty program because this way some profitable for you. So don't weast your time for participating airdrop and try find a good way, where have a way for income.

Yeah right, airdrops is everywhere from here, but sorting and finding the best one

depends from how dedicated you are looking for good project to participate, most

of the time airdrops are just a waste of time since there are many scam projects

that exist.

Simply look at this section and try to find the best project to join as bounty hunter.

https://bitcointalk.org/index.php?board=238.0
667  Bitcoin / Bitcoin Discussion / Re: How much btc do you need to secure your future? on: March 04, 2021, 07:17:59 PM
Everyone should make a habit of buying bitcoin regularly.
After meeting our own and domestic expenses, we should regularly invest in Bitcoin in the same way that we deposit savings money in the bank. Bitcoin is a very promising currency and It is sure that the demand for it will skyrocket in the future, you can secure your future by buying Bitcoin regularly instead of using third party Bank service.

If you are a type of long term investor this process may help you to achieve your goals,

buying Bitcoin from every spare money that you have is one of those best way to collect

this precious asset, tough to say if how much do you need to secure your future as we

don't know what would future be after some years, better to have as many as you can

while you still have the chance to buy.
668  Bitcoin / Bitcoin Discussion / Re: After Tesla, others began to pay attention to Bitcoin. Is this the future trend on: March 04, 2021, 07:03:25 PM
BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

There is no way that the great attention of world financial giants and world leading companies to Bitcoin can go unnoticed. We have witnessed news about Goldman Sachs, Chicago Board Options Exchange, JP Morgan, Tesla, Citibank, MicroStrategy and many more related to the fact that they are beginning to trust Bitcoin and the crypto world.
This can really be the beginning of a better future for the crypto world.

Indeed! And the fact that those millionaires do also have social life, For sure talks about new venture

are being discussed, with how those early inntitutional investors are gaining right now, new sets of

interest coming from those interested players are raising high. For now we are just speculating and

waiting for information to whoever new investors to adopt this system.
669  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP Rally Starts Today! on: March 04, 2021, 06:35:56 PM
I remember this news very well and this pump did not last long, I sold it at a good level. Around 0.7.After selling xrp I didn't care too much, too much manipulation and rumors happening.in the end,will reach the price it should be

Ripple will always be ripe for hype and pump and dump because any news that is coming from the SEC case positive or negative will have an impact on the status of Ripple in the market, this will go on as long as their is no confirmation on the status of the case of Ripple, you can still make profit from Ripple that is why groups are creating a hype on it.

In reality, it's between those who have a nerve to take the risk and willing to patiently wait

and those who doesn't like being trapped and lose their money. there are many opinions coming

from different people around, in the end, it's you as investors who can decide whether to buy the

news and try to find some good luck positioning your entry and exit to gain something from this

project.
670  Economy / Trading Discussion / Re: Quit My Full Time Job to Trade Cryptos Full Time on: March 03, 2021, 03:30:47 PM
Risky move, even though it is high return still it is not going to last long forever so you avoided a permanent source of income just for short term gains?

You can do arbitrage while you are working itself or better have other oassive income which can give you income when crypto trading is at bad condition.

Good point! but for someone who can earn more than his regular salary for spending

much lesser time. The choose is not hard to deal with, especially if you do have a good

system that you believe will work and brings you fortune. OP might see that and he

already balance this before he move forward and take this decision.

Reading OP's replies, simply shows that he's really developing a good system to

get higher chances of succcess.
671  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance as the third largest coin on: March 03, 2021, 03:14:29 PM
if we look at the market cap it is true. BNB is in the top 3 altcoin ranking at the moment. There is also a possibility that it can move up to rank 2 to shift Cardano. but Cardano is in development at the moment. there is the potential for success as well as responding to the market there is also the opposite. we will see how BNB will attract the market's attention with what kind of development.
In terms of market capitalization it may be correct, but are the current rankings not based on market capitalization? because I see that the BNB token is still below Cardano in the rankings, so is this just a coincidence or a mistake in saying it?


Cardano went up and take the third position from CMC, basing with the current market situation

BNB is just 1.5 Billions  away from ADA, and with how market is moving it's not far and any time BNB

can surpassed and take the 3rd spot.

It's nice to see the competitions, not just hypes but development that offers something that investors
and developers are enjoying.
672  Economy / Trading Discussion / Re: Learning is better than Following on: March 03, 2021, 03:00:35 PM
The author is absolutely right. We must learn and not follow someone's advice. When we just follow the recommendations, we stop developing. And developing a trader involves a process of trial and error. Yes, we must make mistakes sometimes in order to progress. In addition, the one who simply copies other people's transactions may not always be as profitable as the one he is copying. It's all about liquidity and slippage.

The disadvantage of a copier is when the market crashed, the one he's copying are capable

of selling and cutting their losses, as knowledge about the market condition gives them the

opportunity to adjust, while those who are just copying, the chance of being left behind

is always there, quick market movement kills your position and burned your investment.
673  Bitcoin / Bitcoin Discussion / Re: The Major Risks in Crypto Business on: March 03, 2021, 02:46:12 PM
I believe cryptocurrency trading has high market risk. And, I also believe cryptocurrency trading is best way to make money from cryptocurrency.

Yes trading is one o the best way to earn from this industry, if you have good

knowledge and enough patience to work with volatility, the chance of getting

good compensation is really high.

Risk will be doubled if you invest money in scam or demand less project. I always research the project background, Product and future plan before investing a penny.

Scam are everywhere, not doing your DYOR will risk your money, you need to make sure
to take your time researching and not just to blindly follow anyone's predictions.

And If you want to invest in only btc,  then buy btc at right time and hold. Then sell at right time.Market analyzing is important here.

Investing is not easy, timing is very important volatility once you learn the right way

you'll be in good hand.
674  Economy / Trading Discussion / Re: What I think every trader should do to stay in the green on: March 02, 2021, 02:56:58 PM
Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.

The one who can't adopt lose mostly, those who knows how to adjust and willing to take the

risk do have a much higher chances of continuing with a much better outcome.

Set you target and keep doing your part in enhancing your knowledge, very important

since the market is really wild, you can lose in a short period of time.


Quote

Imagine how many were looking to buy many BTC back when it was around 57k.



And now, they are not in green long wait or cut losses.
675  Alternate cryptocurrencies / Altcoin Discussion / Re: As being a miner, what can i do when the Eth is falling on: March 02, 2021, 02:26:13 PM
Should I sell out all ETH?  Or keep ETH on hand and keep mining patiently in order to come across next bull trend?

The question here is how long are you in this business? are mining ETH way back or just starting

and worried with how the fluctation and correction is going on right now? For sure those who

Mine last year or much earlier are gainers, imagine how many times the value rises till now.

You can also consider splitting your asset, sell the half and keep the other half, in case another

pumped happened you still have some coins to enjoy.
676  Alternate cryptocurrencies / Altcoin Discussion / Re: Better than before on: March 02, 2021, 01:55:18 PM
What supprises me is that google search trends for "bitcoin" bearly reached 50 % of what we had back in the end of 2017. This might show that there are still a lot of potential small investors out there who are already familiar with bitcoin.


From that information it only means that there more people that are still unaware with what's going on with BTC,

that particular graph interest rate still at low,  it's never too late for those who are really

aiming to succeed, let those early birds to enjoy and take your time to learn from how they've

made it, DYOR and keep yourself positively there are open opportunities to grab when you already

understand the concepts of this venue of investment.
677  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about the Old coins? on: March 02, 2021, 01:44:42 PM
I think they are more memorable and safer for investing or trading than new coins that just create hype now and then crash in the market. I added old assets and they didn't lose popularity. they are just waiting for the moment to fly back.
In terms of security, it is clear that the old tokens have a safer value, but on occasions like now the DOT and LINK tokens are also safer in terms of investment and even the development of the two tokens is currently very extraordinary when compared to other old tokens is in crypto.

There's no assurance and we can't say it safe since the volatility inside the market still high,
Old projects that being mentioned are part of those top and supported project way back but
due to competions they are not performing that much unlike with those new performing coin such as
DOT, LINK, and DEfi based projects, where interest is more likely being supported by more traders
and supporters.

You can always check using this two known sites, to make sure that you are following the progress of
any assets that you are planning to store as your assets.

https://coinmarketcap.com/

https://www.coingecko.com/en
678  Bitcoin / Bitcoin Discussion / Re: Another month of March on: March 01, 2021, 02:29:18 PM
What you think this coming month (March) will bring?
March is the worst month for Bitcoin (or maybe the best?). In the last March, we saw a drop on $5k and then afterwards, all the way up. In my opinion, March is a good month if you want to buy and a terrible month to sell. I regret for not buying on $5k, but I didn't know about bitcoin. I found out about it, once I made by account here and it took a while to understand it.

As for the question, I believe we'll see some dumps, so if you've bought to hodl, this is your first test to prove that you're the master of your feelings and not the opposite.  Smiley


We don't know if history will repeat itself since there are many new big players now inside the market,
there are investors who are willing to buy those cheap coins when they've seen opportunities.

Hoping toenter the market and try to wait for another pump. Currently,
the market is again bouncing back and seems that we do see good run.
Just don't forget to do your DYOR it brings benefits to pick the right place for
your investment.
679  Economy / Speculation / Re: BTC price is 47k$, is good time to invest ? on: March 01, 2021, 02:16:12 PM
hi guys i want to invest in BTC , the BTC price now is 47k$ do you think the price can drop more than that ?
If you have bought the dip, you'll already in good profit at the current price which is $48k.
I think price will continue to rise as this is a bounce back of the minor correction that happened few days back.

Good luck and always make the right decision which is not be greedy when others are fearful and dump when people believe price will continue to pump.
In short, always make sure you are in a good timing to buy and to sell your bitcoins.

Checking from CMC and yes if you bought that from that level, you are now gaining some increase.



It's really tough but depends from how you trust your own guts, there's no one who can provide accurate
price but with doing your research you'll be able to catch up.

Good Luck to your investment.
680  Bitcoin / Bitcoin Discussion / Re: who controls the bitcoin price? on: March 01, 2021, 03:32:26 AM
As far as I know, demand on the market controls the price of Bitcoin.  It may sound like a too classic reason but in theory it is also the most realistic reason.

In most cases, supply and demand play the big role inside this market. The more
buyers the more chances to grow in value. Lesser the hold  and more sell demands
the cheaper the price to expect.

Quote
Look, if there is positive news, many people want to buy Bitcoin, then the price of Bitcoin will be increasing. While if there is a negative issue, people are trying to sell their Bitcoin, then the price is decreasing. This means, the demand really influences the price, while the demand is influenced by the news/issues.

News affects those who are just riding but for those who understand the market it
won't affect them, knowing that bounce happen after.



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