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201  Economy / Economics / Re: 2022 year Will be Bad for Economy on: July 17, 2021, 03:26:39 PM
Even if the spread of the virus decreases it will take time for the economy to improve. Economic activities across the country have come to a standstill due to the lockdown situation the long term downturn in the developed world economy and the fall in oil prices in the international market are likely to continue to have a large long term negative impact on the flow of export earnings and remittances. The ongoing economic crisis has also led to a huge jump in unemployment and poverty rates in the country overall financial growth is expected to slow sharply this year.

The impact of Covid is indeed very heavy for global economy, and there will be a long-term economic decline, in my country there are many rich people who sell assets such as cars, property and gold, they hold cash because it is difficult to find income during Covid, we only hope that Covid will end soon and the economy the world is getting great again.
- Everyone wants to end soon, no one wants to prolong such a dismal economic situation, but perhaps Covid is a relatively stubborn person, instead of being pushed back quickly, it is constantly molting, the governments of many countries were also forced to impose lockdowns on major cities and prohibit travel outside to limit the spread of the virus. Everyone's savings probably dropped quite a bit in 2021, without a job and still having to eat, maybe 2022 will be a difficult situation due to unemployment and no savings
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying old coins: Is it worth it? on: July 17, 2021, 03:08:50 PM
Old coins in the market are still worth to invest because they can still increasing and also will pump once the market will go bullish, sometimes because of the project itself. Remember in the first quarter of this year the market was bullish and many old coins pumping especially bitcoin we surprisingly it touched at $60k so for me old coins are still worth..
- Just look at the capitalization rates of the coins and the first two pages on CMC, the distribution of capitalization remains largely in the old coins, bitcoin is also an old coin but still occupies the first place, the next positions are also old altcoins, the capitalization of new altcoins is not competitive, sometimes they can grow rapidly in capital but they cannot store stability on the part of users. Users know which product's durability will be more suitable for them, new to them is only a temporary comfort
203  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: July 17, 2021, 02:48:18 PM
Keep holding your BTC. BTC will surge higher again soon.
When? There is no certain time for the next pump. No one knows the BTC price will increase again or never increase again this year.
Keep holding is a good strategy, but selling is also not a bad decision. I am not holding all my Bitcoin, I keep selling a small number sometimes. It makes me get USDT to buy altcoins in a cheap price right now.

- Yes, quite a lot of people like to convince others, talk about the coming bitcoin pump and the opportunity as we maintain our holdings while they don't have an exact scale or timeline, it's similar to ways of advertising a product without any knowledge of it, only exaggerating results and feasibility but after completing such responsibilities, a warranty card for customers almost does not appear. Convince others that it is necessary to submit detailed plans down to the numbers, it is impossible to talk about theory and feasibility
204  Economy / Economics / Re: Can the world be without poverty on: July 16, 2021, 04:28:47 PM
Poverty is the one of the main curse In a country, no One can eliminate poverty at all. In primative world poverty belonged, today poverty exist and in the future world poverty will have. It couldn't be eliminated 100%...
- But you can look at the percentage of poverty from primitive times and compare it to the most recent years in a particular country, you'd be surprised at how much income and poverty have improved, a project like poverty eradication will take many centuries to complete, rapid progress is impossible, sometimes with unexpected difficulties, poverty will rise again and this current pandemic is such a process but that doesn't mean the eradication of poverty will stop, time will prove that the complete elimination of poverty is possible
205  Bitcoin / Bitcoin Discussion / Re: Who to Trust, Fiat Banks or BTC? on: July 16, 2021, 04:13:24 PM
(my personal opinion) i don’t believe banking system for many reasons:
-i know in my country banks provided our data with 3rd parties without our consent, government can take at anytime for the purposes investigation that's ok.

-i observed sometimes banks cut of extra charge without the customer's permission and they can't show valid reason(i faced the problem in several times)



- I think selling data or providing customer data to third parties as you say, bank employees are relatively insecure in that regard because a most recent case in my country, the direct manager of the customer information has been bribed to disclose the transaction status, the purpose of this work is to tarnish the reputation of some famous person with hypocrisy. The bank side also apologized directly and took it to court and resolved it by law, and I think this is something that can be sympathized with banks, their presence is too wide and the staff situation is too many, making it very difficult to manage each individual.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth investing in coins you believe in? on: July 16, 2021, 03:53:18 PM
I think we should only believe in things that we believe in. And if we are fully believing in a crypto coin to succeed than we need to invest. Nothing is worse than seeing a coin rising which we could have bought ourselves. It doesn't matter if its stocks, bonds or crypto coin, as long as we believe in the success we should be investing.
- I appreciate your opinion about your confidence in investing but don't turn it into arrogance and bigotry, investing doesn't have a view of right and wrong too much, more precisely, our belief in investment is centered around the concept of benefit, if the project is not profitable, the convention of trust should be broken, terminating cooperation and looking for new projects. It is necessary to actively clarify the point of view of such benefits, the judgment based only on the belief factor is too subjective and lacks science and calculation in investment.
207  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB to $1k? on: July 16, 2021, 03:34:39 PM
well, maybe the burning of tokens will have the effect of increasing the price of BNB, but I don't think it will be much. maybe, when a bull run occurs, the price of BNB may reach the price of $1k. I think the price of BNB will really go up to that price when the price of bitcoin also goes up.
I agree with your opinion. The burning of tokens can increase the price of the coin, but will not make the price of BNB reach 1k. The BNB price is only 300$ meaning it will take up to 330% increase to make the BNB price reach 1k. But I am confident despite slow fast BNB price will rise to 1k, we just need to be patient waiting for it.
- Agree, triple the current value of BNB is a relatively impossible story, the problem is not that this event is not attractive, the problem is that the market interaction is decreasing, our need right now is to hunt for strong discounts to buy everything cheap, buying a commodity with a high price like BNB would be very risky. This burn is not giving instant value but under a special circumstance, when the market is good and BNB is a rare commodity, we could see BNB hit $1k in just a few days
208  Economy / Trading Discussion / Re: Stop losses on: July 16, 2021, 03:18:44 PM
Yes, It is happened many times. When I trade my, I loses many times and holding my coins and finally I gain many times. But, at present, I loses my profit and still hold for recovering my losses. I think, in future, I gain my profit, because I hold my tokens for long term.
- In a nutshell, you are trading with a hold on everything until recovery and profit, a couple of times you have had a high profit with this style and i can consider this a lucky ratio or you are holding a decent few tokens but whatever the case, I still recommend you take some more time to read about the stop loss rule, this rule may not help you right now with your work style, but it could answer the problems you will face in the future with that style of work.
209  Economy / Speculation / Re: Will China's crackdown on Bitcoin cause Bitcoin to become worthless? on: July 15, 2021, 03:55:44 PM
China is just a portion of the entire bitcoin market, even though a large part of bitcoin mining activities is carried out in China does not mean the country can destroy bitcoin if they decide to do so.

Bitcoin is a decentralized currency and can survive any attack. China's decisions on Bitcoin may affect the market negatively but can not stop Bitcoin from moving to the mainstream sector of the world economy.

That's true we should stop relying on China as the only country that can move and help Bitcoin to reach the top, Bitcoin is decentralized any country can replace China and it is not the only superpower on the internet, in fact, there's a lot of censorship of China over Bitcoin it's time for it to move forward by not relying on China alone.
- Having gone through many lessons with China and the way this government works, their respect for the investors in the mining platform is too flawed, besides oppressing others, their regulations also rotate the cycle to make it difficult for the market, instead of letting them attack us every year, let's take this opportunity to completely isolate China. We may be entering a difficult point when China no longer contributes and only knows how to destroy, but standing up at this point, the road behind will become wider.
210  Alternate cryptocurrencies / Altcoin Discussion / Re: How crypto currency change your Life? on: July 15, 2021, 03:39:18 PM
No one can change our own life except ourselves.
Crypto is one of the bridges to reach your goals if you can really take advantage of the potential of this market.
I personally believe that every effort made will bear fruit according to what he has worked for.
- Exactly, instead of lacking confidence in ourselves and thinking crypto is changing our lives, we should be more discerning about this perspective and life, crypto won't be special when we don't invest and crypto doesn't make a profit if we can't plan it, any move on crypto, our presence is always a lot. Therefore, we should be more confident about our growth, life becomes especially meaningful when we are more caring and conscious, a sharp knife also needs a talented chef to use so as not to waste its functionality
211  Bitcoin / Bitcoin Discussion / Re: Why some millionaires hate Bitcoin? on: July 15, 2021, 03:03:13 PM
mostly they don't know about the technology or they still dont believe with unreal money i mean money that they can touch

millionaires will invest on stock or gold or other safe haven investment
- You really know the joke, the age of technology and business also applies a lot of advertising products and systems, saying that millionaires don't know about technology and being afraid to touch virtual products is a mistake, sometimes millionaires are one of the earliest contact groups, they have money and are one of the influencers, fundraising for such products always starts with millionaires. Safe havens are only one part of the many areas in which they invest, their diversification is relatively optimal
212  Economy / Trading Discussion / Re: 2 Simple Ways Crypto Whales Manipulate the Market on: July 15, 2021, 02:46:19 PM
Just hodl and let the whales do their work, buy when you see that the prices are going down and sell when the prices are at an exorbitant amount, we don't have to master whale watching since the prices tells it all and no matter how much you avoid it, if you follow crypto related news, you will always be reminded with news.
Yes , the manipulation only make work when People are responding to their attempt , But if you will let your coins stay in your wallet and never sell instead try to buy more when the whales try to dump the market?\
Then they will surely fail the manipulation and we the holders will Win.
this is what we use as attitude for them to understand that people now are mature and not noob like what they think in the past.
- But the result is that whales never fail while we who know their direction have failed, the prophecy of manipulation is always in effect because they are the organizers of the persistence contest, we are the candidates who knew the title of the contest in advance but our body language betrayed us, we are often shaken by red prices. Our efforts in holding are not equal to their efforts in dumping, they can consume more time and money but we are only small investors and quite limited on those two things
213  Economy / Economics / Re: Can cryptocurrencies replace fiat currencies on: July 15, 2021, 02:06:34 PM
When digitalisation are fully developed and all transaction could be paid online, I don't see why fiat cant be replaced by digital money. I could see a future where physical money are not needed no more. More advance payment method are built and in the next 100 years, I could see humanity being away from fiats. The reasons are resources. Resources to make fiats and more likely depleted that time and the universal solutions is to have a more sustainable, secure and regulated cryptocurrency.
- In your opinion, flea markets and street vendors probably don't need to be open anymore, giving money to the homeless also requires swiping a card and in short, our lives will revolve around technology and no physical currency in the future, do you feel that this idea is relatively viable? Resources and technology, even knowledge can grow but this growth rate will be accompanied by convenience in certain issues, some saturated problems will not be able to use technological solutions, need traditional elements such as fiat currency
214  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon tweet again that he is supporting Crypto against Fiat on: July 14, 2021, 04:29:45 PM
I no longer believe anything Elon says, because I think Elon is very inconsistent in his tweets, I'm very confused whether Elon really supports crypto, or is just manipulating the market for personal gain. and I don't care anymore what he says
From what it can be seen, Elon Musk just wants to make personal gain in the crypto space so he won't care who will be the victim of his tweet in the crypto space, because he is free to say anything and also to do anything in crypto.
- Many times I think he is not too concerned about personal interests or even he has no connection with crypto at all, what he's doing is just an improvisation and a temporary madness, it helps him to satisfy his arrogant soul and feel that he is very accomplished in the community and in control of others. In short, things that come from an impromptu can be replaced constantly and with signals that can affect crypto in such a way, observing his moves is wrong, tweet is an environment that contains too many views that can be risky and undermine the common sense when the explanation here is reasonable to abnormal levels
215  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never be gone on: July 14, 2021, 04:10:28 PM
Its been so many years since I learned of bitcoin talk.I was amaze of this kind of currency.satoshi is so bright and smart person.even though we never know him personally and where he is.the bitcoin that he made is so so amazing.thats why until now I am thinking the great things happen in our life to have bitcoin.and now bitcoin was known all over the world.and they using bitcoin already as fiat.thats why I do believe that bitcoin will never be gone anymore.bitcoin will be part of our life forever.
How about you? Do we have the same idea of bitcoin?
I believe and firmly believe that bitcoin will continue to live. When I first got to know bitcoin I felt very lucky because it is very unique and interesting. Unexpectedly so far bitcoin has shown its existence to investors that bitcoin is worthy of being an investment for our future. Moreover, the world is experiencing a very terrible epidemic.. fortunately I have known bitcoin for a long time.. so even though I was laid off from my job.. I already have passive income which may be enough for my life
- Quite fortunate if we are effectively active in bitcoin right now, the pandemic is a relatively big shock to the economy as well as the career path being built for many people, I just hope that some preventive measures start to develop and take effect. Skip this rather headache and get back to the bitcoin lifetime argument, I also agree that its frontiers will continue to stretch as long as demand continues to grow and can continue to stabilize with each cycle and social change.
216  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH to $10K? on: July 14, 2021, 03:55:37 PM
August will be a great month for Ethereum in my opinion. Even though the price may not jump as much as expected. But on the development side, ETH is going to make great progress and we might see more users get into ETH because of its superiority in the market.
- Perhaps you are a bit too optimistic about the market situation while the superiority that comes from Ethereum cannot fill the holes and extinguish the red flame in the market, the only factor that can create strong water to put out this fire is bitcoin, so no matter what happens in August or many months to come, the only requirement is bitcoin's harmony with the vast majority of altcoins, otherwise everything remains frozen and motionless
217  Economy / Economics / Re: What is better - cryptocurrency trading or investing? on: July 14, 2021, 01:31:00 PM
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
It depends, it is widely known that in theory trading is more profitable than investing, but that is the theory, trading has a higher failure rate as it is harder and even if you obtain profits that does not mean that you are beating the markets and obtaining more profits than those that are just holding, so if you can earn profits and beat the markets just keep trading but if this is not the case then it is a good idea to begin to consider if it is not simply a better option to become a bitcoin investor.
- And everyone knows that theory is a point of view that needs censorship and after censorship for a long enough time with this theory, we will know this failure rate is too high for theoretically desirable, losses are only increasing more through trading. Here, the level of reality after verification is that the trading does not belong to the vast majority of people, more precisely, only a few percent of people have the skills to beat the market, others agree on holding more
218  Economy / Economics / Re: Which Asian countries have the greatest influence on bitcoin? on: July 13, 2021, 04:42:39 PM
No contest, China is the biggest influence in the Asian region. I think them having the bigger population and having more mines than any other countries is enough to bolster the fact that China is the biggest influence to bitcoin even though they are now cracking down on mining, they still have the lingering influence.
- The information I have heard more is that China has announced a ban on mining and asked banks to cancel activities associated with users who want to use bitcoin, and maybe this is a fact when the price of mining equipment here has been liquidated and plummeted, the crypto industry in china seems to be in a state of alarm. Crypto platform in china is losing its promise in the near future, we don't know how radical bans can be, the rules of the beginning have set up such a psychological barrier, there will be no living space for investors and traders to continue.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Crypto be more valuable than gold? on: July 13, 2021, 04:25:56 PM
can, but fluctuations in the crypto market prevent it all. Gold is a safe-haven investment with low risk. if crypto want to be like gold, the crypto market must be more stable. if that happens, then crypto will outpace gold and will probably be the best investment.


I think crypto has surpassed gold, what I mean is a measure of the rate of profit, we can profit up to hundreds of percent or even more in a year, while the rate of increase in gold is not more than 10% a year.
- You are comparing the weaknesses of gold with the strengths of crypto, the result will be as you want, gold cannot outperform crypto but if you apply a stable ratio, this opinion will be changed because with a metal of value and within the price control zone from a central system like the government, the chances of going over the sensitive mark to go higher are very slim but it already has relatively fixed boundaries of rise and fall, the profit margin will be better. Crypto is to reveal its essence in the short term, but after manifesting, its essence cannot be compared with gold in the long term
220  Economy / Trading Discussion / Re: Do you run when you fail or loose in a trade? on: July 13, 2021, 04:08:26 PM
Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.
Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances  and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.
Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.
- Indeed, they are just probationary employees and success spread across personal pages and social networks is what they see the most, the concept of investing with them is just a success that spreads everywhere, other people want to brag about their victories but we should ask them about the failures, the painful failures that have brought each of us down to grow up to this point. Trading city is where seas of people fight for freedom and victory, it's not a city of roses for princes who don't know life and like success.
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