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1741  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Merge Success on: September 18, 2022, 10:49:33 PM
Of course the merge process is according to plan and many congratulations from the top influencers to the Ethereum owner, Mr. Vitalik,
It took long before it happened but at last, it happened. Many liked the idea of POS ETH and many don't like it especially the miners.

I hope this can have a big impact on the market so that Ethereum becomes king by defeating Bitcoin.
Please stop thinking that just because ETH is now POS, it'll be able to dethrone bitcoin. No, no way that it can and it will. POW is even more desirable rather than in POS because in Pow, the network is more secured than this centralized network of POW.
1742  Economy / Trading Discussion / Re: The right mindset needed for all traders on: September 18, 2022, 09:57:37 PM
All of those will have a great contribution for a traders success. It will be majority of the successful traders will be basing on their experience and also having that relaxed mind in reading their trades and before committing.
An attitude of not being greedy too is also going to one fundamental that a trader needs to have.

Crypto trading is not just buying at a low price after that we sell it at a high price, if it were that easy a lot of people got rich from trading crypto.
While the reality is that more people fail to trade crypto than people who succeed in trading crypto. And very few traders make crypto trading their
main job. It's all because our mindset must be right first, how to make our mindset right when trading. Everything requires a long process, so we have
to learn about trading properly, after that we trade with small capital first, slowly we will learn from every loss we experience when trading. From there,
we usually start to form the right mindset on how we can become successful traders. The most important thing is never to give up if we fail, we have to
get up and fix every mistake we make. You are right greed is one of the important things that we must avoid in order to become a successful trader.
Actually, it was easy to understand like that. Buying low and selling high but yes, the hardest part is to determine when you must do that and not everyone knows when is the right time and when to execute those trades. It's true that many fails as a trader and those that don't give up are the ones that capitalizes their experiences and manages to profit from it as they stay. It's not that easy as we say on how to do it because there's more to it as you keep going.
1743  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 18, 2022, 08:58:57 PM
Yup. I've got no plans of selling them as they really are dead. If you're only for altcoins and you're making well there then congratulations. But don't forget that sometime in the future that majority of the alts will be stomped again by bitcoin.
So, if it's not yet that late, get yourself bitcoin before anything else because that's what is going to be always the best option for the majority of us.
Bitcoin is the top choice and it's a definite thing I do. As for some Altcoins here I only hold eth and bnb for now because for other coins I still don't plan to bring them unless it's shitcoin which has been a collection for the past few months.
Being in bitcoin is one of certainty so why would it be foolish to turn away.
That's good, those are good choice of altcoins. There's certainty with bitcoin and that's why I also encourage the others that still don't have it to buy it.
It's because having it is likely giving a security to what we're holding and that's a must for those that still don't have it, if you like of owning it then you're having a good decision because you see the importance of it.

~snip~
I understand and I'm with you that everything is going to get better soon. And the choice you've made is the best for you.
1744  Economy / Trading Discussion / Re: The right mindset needed for all traders on: September 17, 2022, 11:50:35 PM
All the fundamentals you remarked here are the key to success and i think that if a traders possess these talents he will be easily gaining too much profit. If a person just concentrate on the ways that lead him to success and do not think about the suggestions provided by the people then he can do the best. A strong mind can become the causative agent of profitable results. Sharp thinking and tolerance can be useful tools.
All of those will have a great contribution for a traders success. It will be majority of the successful traders will be basing on their experience and also having that relaxed mind in reading their trades and before committing.
An attitude of not being greedy too is also going to one fundamental that a trader needs to have.

1745  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 17, 2022, 10:45:48 PM
That's good for you as you've find comfort with bitcoin and not anymore with altcoins. To me, I still have a very few of altcoins on hold and some of them were dead for good.
But there's nothing gonna happen even if I sell them so I just keep them for good and not hoping that someday they'll pump and a whale would buy a lot of it, not like that but just keeping it to myself like a memory of a wrong decision I've made.
Just keep it as your collection but don't really expect to be able to pump because this will only be a hope that is not certain to happen Grin
Actually some Altcoins are still very good in my opinion but I am dealing with other things for now because I am only for altcoins that have something good and are quite reliable, the rest are for projects that are not very clear I prefer not to look at it because it is just wasting -wasting time even though it is possible some of them have pump and dump.
Yup. I've got no plans of selling them as they really are dead. If you're only for altcoins and you're making well there then congratulations. But don't forget that sometime in the future that majority of the alts will be stomped again by bitcoin.
So, if it's not yet that late, get yourself bitcoin before anything else because that's what is going to be always the best option for the majority of us.
1746  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 17, 2022, 09:50:30 PM
There's nothing we need to do when we're in the midst of the reddish days. Holding is the best choice if you want to stay on this market but with good cryptos that you're holding.
Not with some random altcoins that you're going to hold and you expect them to grow with the top ones. That's not how it goes but at least you practice holding and being patient.
I am no longer interested in Altcoins and so far there are no Altcoins that I keep as assets. For me Altcoins are not able to provide guaranteed value in the future. I'm tired of Altcoins.

The direction and focus of my every discussion here and outside the forum is only on Bitcoin because I think Bitcoin is the king of crypto. Can't compare Bitcoin with other cryptos. It's been years since I wasted time with Altcoins. So, what needs to be held and collected right now is Bitcoin. The patience and hold that prevails today in my opinion is for Bitcoin.
That's good for you as you've find comfort with bitcoin and not anymore with altcoins. To me, I still have a very few of altcoins on hold and some of them were dead for good.
But there's nothing gonna happen even if I sell them so I just keep them for good and not hoping that someday they'll pump and a whale would buy a lot of it, not like that but just keeping it to myself like a memory of a wrong decision I've made.
1747  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC or Gold Investment? on: September 17, 2022, 08:42:59 PM
Both is ok, but you have to have the knowledge of where to invest and when. Picking the right time for an investment is very tricky. As for the crypto market condition now, It's very unpredictable. So it's wise to wait for it to show some potential on which way the price will move in the future.
The same with the gold market, it's also quite volatile for now so almost all markets are experiencing the same thing as what the crypto market is experiencing.
I agree that both is good but if you want to have the more move in the market, choose bitcoin. Gains that you can get for years in gold, could happen and appear for bitcoin within several months if the time permits it. That's why the volatile of bitcoin has is better than gold.
1748  Bitcoin / Bitcoin Discussion / Re: Will satoshi come back and give his 1 million btc to users of this forum if BTC on: September 17, 2022, 07:46:25 PM
I cannot fathom why satoshi would have that thought that he'll distribute the 1M btc that he held for a long time to the forum users. He's not obliged in doing that and it's unlikely that he'll come back again. Let's accept the fact that if he's gonna back it should be long time ago and he's like us that probably tempted to sold all of those already.
1749  Economy / Trading Discussion / Re: How to proper trade in you asset in this market situation? on: September 16, 2022, 11:48:20 PM
That's right, with the current conditions, we really have to think about managing finances and investments.
expenses need to be reduced and as much as possible to buy really important needs,
It's not an easy thing for sure to face conditions like this but somehow we have to keep trying to survive
As you reduce your expenses, don't compromise the budget you'll have for investments. Still, keep on investing while budgeting everything that you can.
Remember that in a bear market and financial crisis, there would always be people that takes this as an advantage and opportunity and the next millionaires are created at these times.
1750  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: What Exactly Is Open Network (TON)? on: September 16, 2022, 10:46:07 PM
I've been following this cryptocurrency for more than a year, but to be honest, I haven't seen much development. Yes, she may have a future, but it's very confusing in my opinion. Analysts and the ambassador assured that as soon as the mining ends, the price of the coin will fly to the moon, but this did not happen. And I'm not sure that even in a bull market this will happen.
Same goes for me. Since it's a Telegram project and token, I thought of it of being success because they already have a huge number of users but they didn't capitalized it.
With the development, I don't think that there's enough development on it for which made the project like floating for how many years. Not interesting anymore, they should have been more extravagant when the news about them exploded.
1751  Economy / Economics / Re: How to be more effective working remotely. on: September 16, 2022, 09:42:53 PM
Staying on my room with an AC is more enough to start. No distractions, no noise and I'm like in a cave of a modern man.

People have been complaining about being less effective working from home than being in the office. I quite do understand that it was because of the environment and sometimes working from home has many disturbances that will affect our job and performance. I'd see the calm environment in the office and also all the things we needed are there. Well, maybe it was a sort of adoption to the new place and time adjustment which is a little bit challenging but I know it was still manageable.
I understand those that have told that and it's normal to say that while doing a new setup. But they'll realize it sooner or later if they want to go back in the office, dealing with daily traffic and commute. That's a lot of hassle to face with just to be productive as they say.
1752  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) on Its Way to $2,100, Top Trader Says ! on: September 16, 2022, 08:41:19 PM
No doubt that it can increase. The merge is done and if there will be future updates, it's going to be more interesting now that ETH has now a limited supply.
It's seen that ETH is becoming now more deflationary but on the other hand, it's now also more centralized. Unlike before, it was semi-centralized. Now, it has fully become centralized.
Ah so that is one of the effects of the merge? Where eth supply is now going to be known. If it's possible for it to pump before when its supply is unknown or unlimited, then how much more when it can become scarcer over time? 2.1k is going to be a piece of cake for eth and we can't even consider it as an increase but it's only just a normal recovery.

Eth is already known as a centralized coin so even though the merge can it more centralized, it won't really be that shocking. We still have many decentralized coin out there and one of it of course is bitcoin.  Eth can only be good as an alternative if we want to experience the different functions of a crypto or blockchain technology.
There's the update before that makes a part of the transaction fee to be burned. And with the merge, having the supply known, it's really possible that in the future it will become more scarce.
But, only those whales really are the ones benefiting on this one while the small holders will rely on them and has to wait until things are better as the market reliant to bitcoin. It's not shocking for those who already knew it, but that's what it is right now.
1753  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) on Its Way to $2,100, Top Trader Says ! on: September 15, 2022, 11:34:41 PM
No doubt that it can increase. The merge is done and if there will be future updates, it's going to be more interesting now that ETH has now a limited supply.
It's seen that ETH is becoming now more deflationary but on the other hand, it's now also more centralized. Unlike before, it was semi-centralized. Now, it has fully become centralized.

Yes, since the merge is complete already and there is no increased at least to $2k, so I guess the predictions are very wrong. But you can't blame those speculators as this is really a big news for Ethereum and it's investors.
I'll give it time for those predictions, it's still too early to say that they're wrong but it could really possibly wrong but as said, let's give it time to flourish.

Maybe it was just the timing, and then we have the CPI that really took a big toll on the market recently that stop our momentum. If there is no negative news, I think that Ethereum can easily top $2k because of this news. So what we hope is that this merge or improvement will really have a big effect price wise in the long run.
Billions were wipe out in all the markets and I agree to you if there was no bad news, we might see ETH flying now and at the same time bitcoin is too.
1754  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 15, 2022, 10:33:37 PM
It has became a norm that people sell at panic and they're doing that out of their losses. It's a stop loss for them because they'll think that they'll get more losses.
A friend of mine has sold most of his bitcoins on 2018 and that didn't made him able to go back and never bought back. Now, he's at lost and never came back to the market regretting being a HODLER and enduring all of the pain of the market.
Patience and hold can be a solution in the midst of the current red market conditions. That's an option that I've practiced so far and I think it can be applied by people who buy Bitcoin when the price is above the current price.
Market conditions as it goes is very good to buy. This applies to those who look at Bitcoin from a price point of view. For me buying Bitcoin is not for short term, but for long term investment.
There's nothing we need to do when we're in the midst of the reddish days. Holding is the best choice if you want to stay on this market but with good cryptos that you're holding.
Not with some random altcoins that you're going to hold and you expect them to grow with the top ones. That's not how it goes but at least you practice holding and being patient.
1755  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin should u mine right now? on: September 15, 2022, 07:15:19 PM
Hi folks,

After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project

Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?

Any help and advice would be appreciated, thanks in advance
It's still fairly new and you guys have to wait maybe a couple of days or even a week or two before you see another profitable coin comes out. For now, you're all in a waiting game until a coin comes up and shows that it's profitable to all of you.

so this time won't shut off my rigs even if I lose money for a while, 1-2 years is my estimation timeframe for starting the party again, thanks to btc halving so "mining" btc has more sense now than ever before hehe
As long as you have a source to pay for the electricity for you to keep holding what you're gonna mine, that's better.
1756  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) on Its Way to $2,100, Top Trader Says ! on: September 15, 2022, 11:55:51 AM
When Ethereum reaches ATH, the Ethereum price has a chance to go up, the price is $2.1k I think -50% of ATH, but the current situation can increase the price, where the Ethereum Merge is taking place and the next announcement of sharding is a new history for this achievement, currently the market is more dominant towards Bitcoin, Altcoins will definitely follow and we just have to wait a little bit
No doubt that it can increase. The merge is done and if there will be future updates, it's going to be more interesting now that ETH has now a limited supply.
It's seen that ETH is becoming now more deflationary but on the other hand, it's now also more centralized. Unlike before, it was semi-centralized. Now, it has fully become centralized.
1757  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 15, 2022, 09:57:47 AM
Panic is a normal thing that we experience when we see prices drop, but if we sell when panicking it will make us lose and later regret, as investors we must understand that many types of investments take time to profit, and this also applies to cryptocurrencies , buy and hold for at least a year then we will likely profit.
It has became a norm that people sell at panic and they're doing that out of their losses. It's a stop loss for them because they'll think that they'll get more losses.
A friend of mine has sold most of his bitcoins on 2018 and that didn't made him able to go back and never bought back. Now, he's at lost and never came back to the market regretting being a HODLER and enduring all of the pain of the market.
1758  Economy / Economics / Re: Why Bitcoin will always remain the best choice on: September 14, 2022, 11:19:03 PM
There are clear and obvious reasons why we prefer Bitcoin, but I think its most important features are portability and divisibility. Today's world has relatively convenient and comfortable facilities compared to the past, but world history has not always hosted such lucky periods. If we make predictions about what we might encounter in bad times, we can better understand the portable and divisible properties of Bitcoin.
The most important to me is that it is scarce. That's one main reason for someone who looks for assets that he can depend on in the future. Having that limit in supply is what makes it an interesting and a good choice for those that are not really good in investments.
Understanding that simple economics would lead them to be open into more other assets upon finally having bitcoin as part of their portfolio based on that criteria.
1759  Alternate cryptocurrencies / Altcoin Discussion / Re: Rug pull scams on: September 14, 2022, 10:09:44 PM
A'right.
I know and understands if he's talking about those smart contracts scam because they do really exists. This scam is quite new and has a lot of victims already.
~

I'm not quite sure if this kind of scam is quite new, the code that required to execute the scam is likely inherently possible on the smart contract since its early age. I tried to look around for this kind of scam, it dated back to October 2020[1], and the Squid Game issues are happening around the late months of 2021. So non-sellable smart contract has been exists for some time.

It's true that some people easily fall into this kind of scam since the characteristic is only observable via the smart contract code. But on the first hand, people really should think twice when they gamble with brand new tokens, I mean it's preventable.

[1] https://www.reddit.com/r/UniSwap/comments/jkxd6z/nonsellable_tokens_on_uniswap_how_to_recognize/

I mean that it's quite new that many are voicing this out. But yeah, it had happened in the past but only a few have spoken about this style.
Nonetheless, this scam is still around and still tries to get as many victims as it can. It can be avoided if someone has knowledge and is aware of it.
But sadly, not everyone is.
1760  Economy / Trading Discussion / Re: Trading Strategies changes with time on: September 14, 2022, 09:05:26 PM
if we understand the market movements, the strategy we use can be dynamic, but it also depends on the existing market conditions, so we can cut losses early, and the most important thing is that we must have a reason for every decision, so that it is not based on mere feeling. Moreover, the smaller the time frame that we use, of course, the more dynamic the strategy used according to the needs of each trader
The fact that many traders have been basing their decisions sometimes on their feelings is what makes them having a bad decision. It's not going to be gone and it could happen anytime to any of us. That's why strategies really are dynamic because they changes overtime, no matter how good you are with your current strategy, you will have that time to replace it when it's necessary. We make mistakes but if you don't learn anything from those, you're wasting your resources.
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