Your bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=854667
Your current posts count (including this one): 4311
Amounts of merits that you earned in the last 120 days: 50
Your blackjack.fun username: Mauser

Will change signature as soon as accepted

In my opinion this is possible, but not very likely. It would mean the escalation of the currency war and be bad for international trade. It would likely mean negative impacts on all the big economies. You are right that many countries are against the dominate position of the US Dollar and would like to change that. The problem is that all the countries would need to agree on a new currency to settle all the international trade. Both China and Russia would probably only agree if their own currency becomes the new world currency to be used. As for the smaller countries like Iran, they would probably ask for some monetary benefits to be part in the new system. The US Dollar is losing power every year, but to completely replace it it seems to early. Maybe an independent crypto currency could be the solution and a compromise for all countries.

I am with you on this one, acting out of fear is general not a good idea. Fear same as greed, cloud our mind and let us act irrational. Both emotions should be avoided as much as possible as trader, because if we trade on them it is usually ends in overreactions. The bitcoin price right now already recovered a bit and is trading strong above the 30,000 USD. For all the panic sellers who sold their coins in fear it might be difficult to reenter the market. The next rally could be around the corner. That's why I am such  strong believer of HODL investing. Crypto currencies tend to move in cycles and if we commit to it, we will not fall into the trap to trade out of fear.

This generalisation for alt coins seems wrong to me. While on average across alt coins this could be true (not sure though), there definitely coins that outperform bitcoins in an upwards trend, and there are coins that outperform in a downwards trend. Maybe you were just unlucky with the alt coins you picked? There are some summaries here on the forum that show the top and worst coins performing for each month. If you had the right coins in your portfolio than the swings would be much lower compared to bitcoins. The difficulty is of course to find these coins in advance and not 1 month too late. Successful alt coin portfolios outperformed bitcoins almost every year.

Reading through the comments here it seems that most people here think that leverage trading is bad for beginners and will very likely end in a collapse, whereas for experienced trader it's a good way to increase returns. I disagree with that, even the most experienced trader can get into trouble when using leverage. Knowledge and experience is no guarantee that our leveraged positions are going to be profitable and not blow up. For me leverage means to reduce the possible margin of error we can have in our trades. We basically move ourselves closer to the edge of a cliff, while having a chance for higher returns. I might be so critical because of bad experiences myself with leverage. With a traditional long position we can always sit out a drop in prices and make our money back eventually, with a leveraged position we will be forced to close our position or lose all the money.

I don't think that LeBron James is going to teach anything, sounds like more like a marketing campaign to make it interesting for kids. As a teenager crypto currencies might seem boring and nerdy, so teaming up with one of the coolest basketball stars is a good idea. It comes down to how relatable it is for kids. Having some old white guys in suits probably sends the wrong message and won't get many kids excited. In every big marketing campaign it takes a star that is easy reconsibile to link to the brand. I wonder how much money he gets paid for this.

On my opinion it's a good time to buy right now. Prices are at a good level compared to last year for entering the market again. This is my opinion and nobody can give you a bulletproof answer here, even the best predictions can be wrong from time to time. It's good to ask yourself how much one Bitcoin is worth, for me it's close to 100,000 USD, that's why buying right now seems cheap to me. The dip we are in right now is not a crypto problem but rather a general problem across all financial securities. Also last year prices didn't go below 30,000 USD. I believe that barrier will hold this year too. The biggest risk would be another covid mutation coming out, or a war by Russia, China or USA, that could send prices much lower.

Congratulations buddy, that is awesome. Owning 1 full bitcoin is also my goal for quite some time now, if I didn't have sold all my cryptos back in 2016 I would have reached my goal by now. Unfortunaley I wasn't in it for the long run back then and can't turn back time. Only thing I can do is learn from it and keep buying more bitcoins. Like you I would cherish my coin and save it. You should definitely transfer it away from the exchange. Some people here prefer paper wallets, other prefer hardware wallets. In case you have trouble deciding which one to use, you could just go for both and store 0.5 BTC on each type.

Morally speaking some countries could feel the obligation to protect their citizens against the risk of gambling addictions. Even though only a very small percentage of gamblers actually become addicted it still presents a risk. Against this is the potential earnings for the government from taxes on gambling. I would argue that most countries allow gambling as it's a good tax income for the state. Then there are religious countries where gambling with money is not allowed. If the majority of a country following a religion that banned gambling it's nearly impossible for politicians to allow it. But even the strictest ban on gambling can't fully stop it. There will always be people trying get around it and create a blackmarket. For me football and betting belongs together, even if it's just a few bets among friends.

I enjoy gaming myself and used to be really upto date with new games and what is being developed. But over the last two years I got disappointed by all the new games. For example, the old battlefield games are among my all time favourites, but the new ones are just bad. The last two installments where so disappointing that I have less than 20 hrs playtime in each. It's not only EA, all the major developers are the same. That's why I would only consider going into indie games these days where developers still care about their game. The problems these days is that making a good game is no guarantee to be successful and profitable. Many bad games make tons of money with loot boxes and cosmetics. It's hard to compete as the big titles.

Welcome to the world of crypto currencies. I am not an expert myself so I probably wouldn't be the best teacher. But what I can offer you regarding online trading from home is to be careful when listening to others. There are good online courses for trading, but they cost money. Getting trading tips and advice for free is always tricky, because we don't know if the other person is actually selling us something. Asking why someone is recommending a particular coin is important and try to understand the reasoning behind it. Another tip I would give you is to not worry so much making mistakes, it's part of the game. A lot of learning in trading comes from doing it regularly. There is no golden rule to make us rich quickly. Good luck with your trades.

I prefer the business model that focuses on all customers and not only on the rich. Focusing only on a particular group of people has some drawbacks, like you always need to stay ahead of the market. If the rich people don't like your product anymore you are screwed, there is no real alternativ. As for other strategy it's much better, if the rich don't like it anymore you can still sell it to the poor and average people. Also why not just make two variants of the same type of product. You  could make one look more expensive and sell it to the rich and the other one to the poor. Same product, just two different marketing campaigns and two different prices.

I think its a great idea. In my country banks offer similar products where you invest today and they guarantee a payout for the 18th birthday of the child. The problem is that the interest offered is very small, it's usually much better to invest the money yourself and give it as a present later. In the end it's like giving a loan to the bank for 18 years, but who knows if the bank will be around in the future. I really like your approach, you made your nephew a HODL investor for the next 18 years  that should be a nice return for him then. And this will also make him interested in crypto currencies and learn something about them if he already owns some.

Interesting idea, I haven't really thought of that yet. Changing our portfolio positions can help to be in a better shape for the next rally. Most of my money is in BTC and ETH, I am not going to sell these. But shifting around alt coins is a good idea. Some of us might be scared to sell coins at a loss, but it also has advantages. Holding a coin until it turns green again is an option, just not the best option. Switching into more profitable projects means we are going to make higher return in the next rally. Another advantage of selling a coin at a loss is that we get a tax right off for future gains, the money we lost on one trade we can get back from saving taxes on our next trade. Changing allocations into stronger crypto coins is a good recommendation.

Yeah definitely a good time to buy. I am going to use my next paycheck to buy more bitcoins. During the dip last year I didn't really have any free money to invest so I am glad now there are new entry levels. Almost all asset classes are affected by the bear market, it's not a problem in the crypto market. And who honestly thinks that in 1 or 2 years bitcoins are still going to be below 40,000? I don't think so. In a few months we could hate ourselves for not taking advantage of the current levels. Just don't use all your money to buy now. Best to split up the money and buy more if the prices keep dropping short term.

I do think that this is possible and hope humanity can reach to have only one country with one currency. This would also mean to have only one government that takes care of all the people in the world. As long as that one country is based upon freedom and equality it should be the goal. The biggest hurdle to reach that a world is religion in my opinion. Religions are different all around the world, people pray differently and have different customs, and every religious person says that his god is the real one. Too many wars have been fought in the name of God. We need equality for the world to work together. The more technology advances the less religious people there will be. In a few hundred years we could have only one country on earth with one currency.

That was a nice purchase you did there in December, right before the prices were falling. Usually I am against using bitcoins for buying things where I could have used fiat money instead, but if this happens right before the dip it's great timing. The best would be now to buy back the same btc amount at much lower rates. I am also looking to upgrade my PC system but prices are so high at the moment that I am just not that comfortable. The most important component for me is a new GPU which are expected to rise another 15% this year. If prices recover soon I might sell some of my alt coins for the new PC.

I read this week about the swimming team at Penn State University that is having problems with the female athletes. A teams woman is completely destroying all the other swimmers and breaking records. One of the teammates spoke out that this will ruin her chances of attending olympia. So I wonder now, isn't that going to happen in all the other disciplines too? A male body with testosterone transitioning into female should always have biological advantages. Could we maybe make strategy to bet on all the trans athletes during the next Olympics? I am not an expert on olympia sports betting, but maybe there is a profit to be made.

Amen brother! There is no need to force returns in the market in one day, we are just a small trader compared to the total market and can't influence the prices. Assuming that our trades would have any real price impact is like thinking that we know more than the market, what is wrong. Like you said there will always be another day and another chance to make a profit. We shouldn't worry about missed opportunities, that is just greed speaking in our head. Following a good strategy and relying on fundamental and technical analysis will help us to prevent reacting on our emotions. Trading is a hard business and requires a lot of work for staying ahead, and still requires some luck to make a profit.  

I don't really understand how having Bitcoins as the legal tender in El Salvador is going to bring higher inflation. El Salvador relied heavily on the US Dollar and was struggling with their economy for years. Nothing wrong with trying out something in my opinion. When reading about the IMF it sounds a bit to me that they are afraid to lose influence in El Salvador and other central American countries. The IMF seems a bit biased here and might be the wrong agency to speak out here. Most of the IMF loans they give out are US Dollar denominated, so of course they want that countries remain as close as possible to it. With bitcoins the IMF also has some problems regarding the collateral for their loans. Borrowing in fiat money and then buying bitcoins is a very risky business and shouldn't be done by a government.