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1  Economy / Economics / Re: Chinese New Year - Crypto Market on: January 26, 2020, 06:41:45 PM
Saturday, January 25 is Chinese new year and give bad thing for bitcoin price become down, how ever just left two days later for Chinese new year and I hope bitcoin could back to higher price again, I think two days left have not worried again bitcoin will down and bigger chance for bitcoin back to higher price, but we must wait until Chinese new year ended.

What could be the connection of the Chinese new year to the price changes of bitcoin? It is not that chinese people would be trading and buying crypto currencies at that time.
We all say that it is because of the Chinese new year holidays because in the world the Chinese and the USA markets are the biggest markets and when there is any holidays in these two markets then the stock market of the whole world is affected. But it will not much affect everything one after a few days we will see a high boost in the market because everyone will come fresh to the market and they all will reopen their businesses with a high energetic move.
2  Economy / Economics / Re: Why we must study Economics at University? on: January 26, 2020, 06:27:51 PM
Subjects like economics, family management, social responsibility, self-help should be taught in the basic school level.  In economics, I am not talking about the direct application using the formulas but it can be introduced in such a way that student get interested. Just by producing good economist one country can move to a better positon in just few years.

I agree with your point of view that these subjects should be taught to everyone in their schools as a compulsory subject because almost all of the people no matter from which field they belong are affected by the economics of the country so they will be familiar with the situations. It is also noted that all of the people from different fields when get some money want to start their own business so they will not face any issue in their economics affairs of their businesses.
3  Economy / Trading Discussion / Re: What kind of crypto trading do you recommend with $50 investment? on: January 26, 2020, 06:13:25 PM
at this time the minimum to be able to trade on the spot market is $ 10, and the effective percentage ratio must be more than 5% to be able to develop assets, and even then have to use certain exchange coins as discounts for optimal trading fees, if you can be patient then you certainly can do this for only with $ 50, or go directly to high-risk options using leverage in the futures market.
Honestly, it's too hard to trade for $ 50. We can make a profit with it, but not every day. So it is better to be patient and make the budget increase before entering this market. I think $ 500 will be enough for a newbie to start in this market and be able to make some profits
with funds of this magnitude it may be more to hold because to look for small profits will also be difficult unless we can see price action then there is a possibility that investment can run quickly, then patience will be more needed if our funds are small.
Along with patience the action is also required to get the profit sooner because if he will buy a coin and will sit then he will not increase that money faster it will multiply only with the multiplication of the coin in which he invested. While if he will do daily trade then it is possible that he multiply every time with a new coin and get a huge profit.
4  Economy / Trading Discussion / Re: Do you ever trade at work? on: January 26, 2020, 06:02:10 PM
I am worker in factory two years a go and doing trading at work, mostly using mobile phone. Not easy but several time I can get best moment for trading and get profit. I don't recommended to trade while work because that's break factory rules and difficult to get focus.

in conducting trade against cryptocurrency, the main key so that we can be profitable of course must be able to focus on the trade that we do, because to be able to read market charts requires calm and good emotional control. a successful trader of course he will not do stupid things because trading during working hours where we have to divide the time we spend on both
it is true that trading must be done during quiet times because it will help focus. maybe if trading in a company would disrupt work and blame the rules and the level of focus would also be disturbed, so I think it would be better at free hours to trade.
For daily trades I completely do not recommend to trade in work places while if someone do long term trade then he can take some time to make an order or to cancel an order to proceed with the market but there will be a problem to you that if someone noticed you working for yourself then they may complaint against you and will reduce your reputation to your boss.
5  Economy / Service Discussion / Re: Can you guys identify Whale move? on: January 26, 2020, 05:48:47 PM
I only know one thing to see whale movement is that if the whale moves, trading volume will increase faster, it indicates that whale is buying coins in large quantities
That is right that when the whales start to buy then the price of bitcoin start to rise but it not always started with the move of the whales but whenever a good event comes in bitcoin or when something great is going to happen then not only whales but every person around the world who know crypto currencies invest in bitcoin that rally is called as the actual rally and give a solid value to bitcoin.
6  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: January 25, 2020, 05:06:03 PM
Some governments recently try to create their own crypto currencies (e.g. China), according to reports. Some welcome this as a good step towards mass adoption of cryptocurrencies, others don't like it. Still, the crypto media welcomes this and we should consider whether this is good news in general or not.

What would be your opinions be on this? Should more and more governments create their own digital currencies and introduce them to their population or should we not support the creation of digital currencies made by governments?
If any country want to start their digital coin then we have to welcome that because we have to let the governments to learn about the digital coins if they will learn it then they will also learn that bitcoin is not a bad coin and they will know that bitcoin is a more favorable coin and people like it. Then in the long term it is also possible that states adopt bitcoin to replace their own created coin.
7  Economy / Trading Discussion / Re: What kind of crypto trading do you recommend with $50 investment? on: January 25, 2020, 04:34:41 PM
The amount you have is not the problem, you can trade with that $50 and grow it gradually to a huge amount. My only problem is that it seems that youíre still new and have not tried day trading before and with this you might end up losing this money in the process trying to understand how day trading works.

Wished you had extra money like $500 and youíre using $50 to give it a try, that way you will have $450 left and if you do lose part of the $50, by that time you must have learnt how it works and then start trading to recover your losses. Unless youíre going to do serious training before you start trading. I will advise you make use of these demo accounts to see how it works first.
Trading with a small amount of money is completely different from trading with a large amount of money, it will greatly affect the psychology of that person. If he had $ 50, he would easily make a profit with it because he didn't have the pressure of losing money. But if he were to trade for $ 500, then he would surely tremble because of the risk of losing and losing more money.
And for $ 50 I think he better use it to spend his daily life, it's too little to make a profit in this market.
But I have a different point of view because the person said that he have only that money so his condition will be the same as other person with high amount will lose. If a person will lose $500 then he will be in stress because he will remain with nothing in the same way OP if lose $50 then he will remain with nothing and will be in stress the same like the first person with $500.
In another line you said that OP have to spend them and do not have to trade because the profit will be low. I will say that he have to trade even that amount because if a person will invest that amount then one day he will have much higher amount if he earn continuously.
8  Economy / Trading Discussion / Re: Full time trading is boring on: January 25, 2020, 03:53:49 PM
well if markets are sideways or not good whole trading becomes more boring then usual day , i had like this for many day and bored with trading and guess i have to skip trading in this days ,
But nowadays the market is going very well and in these days we do not have to skip trading because if we will trade in these days when the market is struggling to rise then we will easily recover our lost money and we will get a huge profit within a shorter time period. Only the previous two years were not good for traders but now I think the time for trade is very suitable to get high profit.
9  Economy / Service Discussion / Re: Can you guys identify Whale move? on: January 25, 2020, 02:59:54 PM



As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.

It happened because of whale's move or not.


Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?


Thx!
Nowadays when the price is rising then it is because of the halving and people investment to be prepared for halving so if now the price will rise then we cannot say that it is because of the whales. The whales interfere is notified only when the price is going well and without any bad news and without any issue the price start to drop then we can understand that the whales dropped the price and they want us to sell and they will buy again with low price. That is why experts say to us that do not sell when you see the price dropping but hold for long time it is because in the long term the price rebound again to upper direction.
10  Economy / Trading Discussion / Re: Who bought Bitcoin in late 2017? Still recovering or fully recovered? on: January 25, 2020, 02:33:45 PM

Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?

I dont think those who bought BTC in dec 2017 when it was at its ATH find a chance to exit safely till today. I remember receiving a payment in eth when it was at 700$, I never get a chance to sell those eth because of continuous decline in price.
No one have recovered till now because till now the price of bitcoin not reached to $20000 after the drop from that level in 2017. But as we saw the price reached to $14000 in the previous year when the market was not well and there was not any good event coming for bitcoin so in this year we can expect the price to rise more higher than even $20000 because this year is a great year for the bitcoin and the whole altcoins. As the halving of bitcoin will boost the whole market inviting people to invest in crypto from all over the world.
11  Economy / Economics / Re: Cryptocurrency usage will boost economy or make it worst ? on: January 24, 2020, 06:48:50 PM
What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
Just by having the fact that no country has ever regulated cryptocurrency massively yet, we can already say that all our assumptions are just theory coming from what we see and most of it are biased. We would usually say that it will give great advantage and a boost to the economy of a certain nation but things may turn out badly soon after the implementation of its regulation. Crypto is a decentralized currency which avoids any form of corruption but if the government would have a hold on it, things may go the way we don't want it to be.
If all of the countries and businesses will adopt crypto currencies and will be happy with it then keep in mind that the government will not want to pass any act which will disturb the businesses as if something affect the businesses of any country then it put a bad condition on that country and a disturbance is created for the law makers. They will regulate the crypto but will be in the favor of crypto.
12  Economy / Trading Discussion / Re: Full time trading is boring on: January 24, 2020, 06:41:01 PM
Full time with trading is boring because we are looking for much money every day but never keep enjoying with how much money earn from trading in bitcoin or altcoin, I have ideas where after trading and get profit or not I always enjoy weekend with my family by travelling, I think is good solution how to refresh our mind not only waste all time with trading but we need enjoy our earning.
Trading is boring, when one hasn't got the opportunity to enjoy what's been earned out of trading. With trading we can't get expected results everytime. We need to be prepared for any sort of market changes happening with time. Trading needs to give regular earning only then it'll be more enjoyable.
In trading if anyone will earn then it is right that he will not be bored and I will say that in trade we can expect only profit if we have patience as if a coin is not giving us profit because of not rising to the point to which we expect then we have to wait for longer time as in the long term the price of all coins rise to a highest value.
13  Economy / Economics / Re: Future of Bitcoins - What will happens to BTC on: January 23, 2020, 06:44:49 PM
Under this thread, I see many people only talking about bitcoin and its future, but the thing is actually more than bitcoin itself. There is a technology backing bitcoin and other components. This is called blockchain and if the big companies can utilize this, bitcoin's future will be even brighter than ever. We need to see this before discussing about bitcoin only. On the other hand, bitcoin is the most important asset ever existed in the market anyways. So whatever happens to it will affect the general crypto market as well clearly.

I agree.

Bitcoin may still be popular in the future but I think the technology behind it will be too. This technology could be developed and be used to a lot of things unlike Bitcoin where it is just for a payment method and usually being held by investors.
Blockchain technology will be widely accepted once bitcoin becomes accredited world-wide. It'll be used for a lot of projects because of how intuitive it is. This future is not far, as more and more countries begin accepting bitcoin. Though still not a bonafide currency and merely an investment method, I believe this is a great start for bitcoin.
It is not a legal currency but still it is used widely in trading by all the countries. Itís wide usage and acceptance over fiat currencies in many countries and by many people would make it accredited currency soon. It is not mere an investment method you can make multiple transactions out of it, can use it in daily life for small purposes as a method of payment. This is not the beginning we have covered many steps of development.
I will like to add that Japan which is more famous for its technology have adopted it as their state currency and are allowing their citizens to use it for their state affairs and many other countries are also working to adopt it like Japan. SEC is also trying their best to create legal rules for the usage of bitcoin so these steps show in the future we will see bitcoin legalized globally and it will be used as an international currency in all over the world.
14  Economy / Economics / Re: What if crypto vanishes? on: January 23, 2020, 06:30:43 PM
if that happens in my opinion everyone will be afraid to invest in cryptocurrency again and everyone will move investments in gold because it's the safest in the world
But that will never ever happen any time in the life because it is now a perfect section of our financial system which have solved many issues of the world economy and many countries are busy to create plannings for its adoption and they want to adopt it as a currency in their state and want their banks to start accepting crypto currencies which show the strength of crypto currencies.
15  Economy / Trading Discussion / Re: Are you holding Bitcoin? on: January 23, 2020, 06:16:02 PM
How about you? Are you holding Bitcoin

Holding Bitcoin is still the best deal if you are looking to make long term profits. Many of my friends are in loss because they invested in altcoins but few who held bitcoins are still in profit. I will prefer to keep my portfolio in bitcoin for long term and buy altcoins only for short term duration.
There are also good altcoins, I do have bag of altcoins.
I would like to know which coins you have in your bag but I think now a day there is no coin better than bitcoin so I keep holding my bitcoin and waiting for it to rising higher than 20k as it was in 2017. Altcoins are good to hold but choose only profitable altcoins which is only bitcoin and ETH so just grow up and invest more in bitcoin its best time to buy it cheaper.
You are also right that nowadays we have to try to keep the top altcoins only as we do not know about the future of others while if we entered in the altcoin season then I think in that season many altcoins will have the potential to increase in value as in the previous altcoin season some of the ordinary coins which I forgot in my wallet gained a huge value.
16  Economy / Trading Discussion / Re: Do you ever trade at work? on: January 23, 2020, 05:52:55 PM
Do you ever trade at work or trade on your work computer? Any reason why you think this might be a terrible idea?
no and never compromise your accounts from other internet server and also never compromise your companies file also in this way everyone will keep safe.

i have once tried to do trading at work but after that there is a thread crosses me here in forum saying that using other internet is not safe so i decide not to have done in other area than my house.

though now i know that my trading desire has ended instead i will choose Holding since then.
yes that is the point and there are many websites in which if you will work from a server and any other person will also work from that server then they will think that you have alt account and they will ban you and the other person who also used the same IP from which you came online. Better option is that use only your own IP and do not use any public IP if you do not want to be victim of a ban.
17  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: January 23, 2020, 05:39:01 PM
In day trading, with the aim of profit traders buy and sell different assets. As it is very short term so people usually do not have fear of losing with the dumps in the market, it gives you a small profit by the end of day. People who daily trade also need to have time to time update about it. If we talk about long term trading it gives bigger profits in long period of time. Both traders get benefit.
There more risk in long term trading on investment, we cannot be sure that the coin we are holding will gonna be great for months or years that we are holding it, we just need to trust our instinct in order for us to sell it when that coin is soon to dump or getting a low price than you expected. Day trading is good, you need to monitor or very carefully and you need a fast hand on it.
This is not risk for me but itís chance to get low price coins for profitable earning. I prefer long term trading because its safe and easy. When you hold for long term it gives you safety and surety that one day price will be high and you will be able to make more profit. Trading for day is good but risky if you are new as it needs allot of knowledge and market information to be successful in day trading.
I think both type of tradingís are good. If you know the ways of daily earning adopt them and earn safely. If you have bad experience in short term trading go for the long term trading. This all depends on your aim, strategies and working. I am more of a realistic person so I usually do not believe in chance and luck. You are rewarded always for your struggle that is what I believe.
Yes fully agree with you mate both kinds of trading are good for us and we can earn from both but if you feel relaxed with long term trading then you should trade for the long term. Short term trading needs proper knowledge and skills but long term trading needs patience and experienced ways for good trading. Use your own strategies but I suggest all traders try long-term trading first.
Both of them are profitable for us but still it is important that we think that which one we have to adopt for ourselves as many people cannot achieve the skills which are required for the short term trade and many people are unable to achieve the skills for long term trade. Many of the traders start both type of trade but they fail to maintain both of them and lose their money because of the confusion in both of them.
18  Economy / Trading Discussion / Re: To be a successful trader need help of a successful trader! on: January 22, 2020, 06:45:27 PM
Worthy suggestion even i learn many things from the content,I want to share that the susses come with knowledge,commitment and consistency. There is no hard and fast rule fr the traders but learning from he past experience and market awareness bring more confidence in trade.

Successful traders spend more time on technical analysis and they put money on trade which afford to lose. They believe in their research and dont believe in rumors. Successful traders learn from loses and move one rather stop to do nothing but they only focus on goals.
For this I prefer the old-fashioned way, namely by asking directly to people who are already experienced, not merely eating raw what I see in the content, or if indeed we cannot meet with experienced people, at least we have further chat about good trading procedures, I see a lot of people who have just learned a little of the content that he just saw, but have acted like a professional and this is also rife, after seeing what you say it seems I agree and we also must have the best way to trade here. Don't just copy what people do.
Indeed we don't really need to copy one's strategy just to become successful like them for we all have our unique skills and ways of doing things but those ideas that you can get from an experienced trader must only be a guide and do not take it as a "must do" things, remember that the best teacher for ourselves is our own experience, we can't learn it from someone but ourselves so it's okay to ask for help but also invest time and effort in your own studying about trading.
It is right that someone can learn from his own efforts but it will take a longer time and will cause some lose of money to the learner. The better option for us is that to learn from the expert and in the start we follow the steps taught to us and with the passage of time we will observe that what is better for us and how we have to react to the market. This will not waste our time and not even will cause the lose for us.
19  Economy / Economics / Re: Bitcoin Can Gain 100% In 2020 - Halving Not Priced In, Says Fundstrat on: January 22, 2020, 06:06:05 PM
I think this year could bring more positive outcome since many people are anticipating the event that could potentially trigger another parabolic rise.
I'm also thinking the same, since the Bitcoin halving hype has been in a lot of discussions in 2018. But, inevitably there are still some doubts that this year would be different from the last halving events, thus causing the price slow to rise. Some even predicted that the halving may cause a worse price decrease. Currently, It seems that the chances of Bitcoin to reach the 5 digit figure again is somehow big, judging how the market behaves these past few days.

But according to my observation the price of bitcoin is rising in the same way as it was increasing in the previous halving. The discussion about the price a the halving of 2016 was the same as it is nowadays. Even in 2016 some people were not sure that the price will rise up to higher value and many were saying that in 2016 halving the price will decrease but everything was very well so even in this time we can expect everything going very well.
20  Economy / Trading Discussion / Re: What are the general issues/problems do traders or investors usually face during on: January 22, 2020, 05:45:52 PM
What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Like ICO scammers, there are market scammers who trap innocent investors with deceive articles in regular medias and then pump and dump in exchanges. Ripple must be one good example for those kind of scenario. This is not individual's problem but for part of community itself. Yes, they are able to misguide large number of community members through open discussion on this forum and few articles in medium kind of reputed media.

Their big weapon is their capability to move markets on their own direction. These type of people are easily becoming whales and with their plans of re-investing they keep manipulating markets and keep deceiving innocent traders and investors. Sticking with highly reputed and decentralized coins must be the only possible solution as per my experience.
Scammers are keep destroying the whole image of cryptocurrency market, they are the one that should blame why there are people who afraid to adopt cryptocurrencies. There are now institutional investors that withdrawing their money because of the scammers and hackers, the risks are too high where the chances of making profit is low. They are switching in other financial markets where they will be benefited more.
yes the scammer put a very bad effect on this whole filed as the scammer target those people who are completely new to the crypto trading and investing so when they become the victims of these scammers they think that this whole community is full of scammers or sometime think that the crypto is a net created for scamming people. because of this they start to hate crypto. If we work hard to eliminate the scammers from crypto community then new comers will not face this type of issues.
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