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1  Economy / Economics / Re: Bitcoin or altcoins on: August 31, 2021, 11:53:38 PM
Acquiring both Bitcoin and Altcoins are beneficial instead of focusing into just one crypto which is Bitcoin. Instead of focusing your budget allocation into one, why not diversify it, assuring that the altcoins you would choose are worthy for investment and for long term purposes. Bitcoin is already given to be a good crypto since many people are really wanting to own even a part of it for good. Having Altcoins on the other hand gives you vast opportunities of acquiring profit from different sources since they do have different market behavior and are potential for growth if you would be having those good altcoins.
2  Economy / Economics / Re: A way to make money online? on: August 31, 2021, 11:24:11 PM
Knowing your place and what the people have the interest on the current time and situation will be the first thing to consider because at these times, people have different wants that are in need to be fulfilled and that varies depending on the occasion or time because there are different trends so you must be flexible about that. If you cannot do such, then you have to focus on your own strength of what you can offer and make it unique so that people may address it compared to your competitors. Actually making money online is not really an easy way but if you find out the best things you can offer to the public, surely you can handle it step by step.
3  Economy / Trading Discussion / Re: How cryptocurrency trading have helped the youth. on: August 31, 2021, 10:55:30 PM
Many of my colleagues have also experienced a great help through their trading on cryptocurrency ever since this pandemic have started since we were out of school and have to stay home, we still wanted to find some sort of source of income to provide our needs and that is when some of my friends put themselves into engaging into cryptocurrency trading and other stuffs related to crypto so I can testify that trading, investing and other cryptocurrency related jobs have financed and help youths during these days.
4  Economy / Trading Discussion / Re: Trading skills on: August 31, 2021, 10:31:15 PM
Trading skills can come after having the right knowledge about what trading really is. It is not an innate skill or hereditary that you came along having that skill already. It is build up from having the basics before getting into the broad things about trading. It is in need for a trader to have the knowledge before building up the skills needed for a trader. Skills comes after having those knowledge acquired through reading and observations and apply it on various experience so that you can identify what strategies and skills you need to formulate so you can lessen the possibilities of losses, instead you were up into earning profits.
5  Economy / Trading Discussion / Re: Trading Strategies changes with time on: August 31, 2021, 09:53:48 PM
Indeed. There is no really particular strategy when it comes to trading due to the reason the market changes unpredictable and given the fact that crypto market is highly volatile, then we must consider to ve flexible on handling different situations on possible ways that we can do and that is to have plan variations on different market situations by assessing the situation and have mitigation plans that is favorable on our part as a trader because the main and basic objective is to manage our funds to create profit and lessen the possibility of loss to come through our trading.
6  Economy / Trading Discussion / Re: 5 Tips for Trading from Beginner, For Beginners. on: August 31, 2021, 09:21:13 PM
5 Tips for Trading from a Beginner, For Beginners.

1. Check market sentiment
2. Set loss/profit (really important)
3. No emotions, only believe in your analysis.
4. Do not click any button yourself, a trade should over with a stop loss or take profit.
5. Never 100% on one trade, 20% amount with x3.

This is what I learnt in my 30 days of trading and so far, I am doing really good.
If any of you have some tips for me aswell, go ahead.  Wink

Those stated above were actually good to help the beginners from a beginners preference since the market compared to the market before seems to be hardly unpredictable as years passes by. That is why it is in need for a trader to gather necessary information that can help him choose a good coin that is worthy for investment and for trading purposes to ensure that you will be attaining the expected outcome you want which is earning a profit and to lessen the possibility of encountering loss in your trades.
7  Economy / Trading Discussion / Re: Is it possible to make $5,000 a month day trading? on: August 31, 2021, 08:54:16 PM
With a starting capital of $15,000 surely you can make $5,000 profit through day trading in a month and you can earn more than that depending on your capacity and skills you have in trading. The amount you can earn depends duly on your own self because if you are bad at it, then the possibility could turn things the other way around. So be mindful before engaging on such, you must be knowledgeable enough on managing your assets and funds to somehow assure your earnings by the end of the month.
8  Economy / Trading Discussion / Re: At what Age will you introduce your child to trading on: August 31, 2021, 08:35:34 PM
It depends because I don't want to put pressure into him/her learning trading at a very young age. Maybe if he is already at high school because at the range of that age bracket, he can already have interest in the market since it was almost at that same age when I got involved into learning different markets and put up my first trading and investment opportunities on which I have discovered cryptocurrency.
9  Economy / Trading Discussion / Re: Mobile phone vs. laptop vs. tab...what's your preferred device for day trading? on: August 30, 2021, 11:56:17 PM
It duly depends on the availability of thr devices you have for trading. All mobile phones, laptop/desktop and tablets can be good depending on your choice of familiarity and comfortability. But mostly since it is day trading, people do prefer using mobile phones since those are the ones that are easily accessible in any time you wanted to take a look at your trades. But if you were a working individual who preferably brings tablet or laptops outside, then it is also good thing to be done.
10  Economy / Trading Discussion / Re: Trading involvement on: August 30, 2021, 10:56:19 PM
Before anything else, people do always seek assurance on something that is just new to them making them to find ways on how they can satisfy their inquiries before getting in touch with that specific thing just like trading. Since many of us have started on thinking strange about crypto trading and how does it works, for sure we have seek for informations that can help us make understand and assure ourselves that what we are trying to pursue is legitimate and not up into something making us have nothing. It is most of the time a good thing being curious and careful about our actions before getting involve specially getting into the vast world of trading, you need to be wise to survive.
11  Economy / Trading Discussion / Re: Things to know before trading. on: August 24, 2021, 06:31:37 PM
First things first before engaging into trading or whatever it is you are up to, be mindful to study the basics and the fundamentals for it will serve as the foundation you need and it will help you to survive on the long run. Before doing trading, it is best that you are already have prior knowledge about it and not that you are just learning it on the actual process of doing the trade because it is risky doing trials since money is involved. Learn to assess the situation so that you better know to handle your funds and do not let your emotions run into your decision making because it will make things worse.
12  Economy / Trading Discussion / Re: Taking vs investment on: August 24, 2021, 05:46:52 PM
Mostly new people who get to engage into the crypto market and get what it takes to earn through this are having a hard time understanding and differentiating trading and investment and are mixing up the context which brings up a misconception that those two are just the same but differs on terminology being used. There are people who prefer trading rather that investment and vise versa and other people who takes both since both can be beneficial with different level of risks due to uncertainties since we are working on a highly volatile market.
13  Economy / Trading Discussion / Re: Which was your worst crypto trading decision? on: August 24, 2021, 05:21:33 PM
I do think that we all have our own experiences with regards to worst case scenario about our trading decisions for the fact that it is really hard to decide on which track are we going to get in simply because the market we are working up into is highly volatile and no one can exactly say what can happen in a span of time doing trading in this kind of market. In my experience, I think the worst crypto decision I have made is letting go of those alts that I think cannot progress anymore but in my surprise after months of doing such, they have grown and make me feel that I miss a big catch of profit with that.
14  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency bad for the environment? on: August 23, 2021, 07:57:20 PM
This have become a big talk few years ago with regards to the activity of mining Bitcoin that consumes a big amount of electricity for power consumption to operate those mining and that it can possibly lead to have a bad effect on the environment. Whether it is true or not, still there is no enough data to prove such claim and before hand, there are already lots of things that consumes big amount of energy that is harmful to the environment, yet are still operating until now. The mining activities might be the bad thing about crypto but the existence of such is not really bad for the environment.
15  Bitcoin / Bitcoin Discussion / Re: Why hoard Bitcoin? on: August 23, 2021, 07:11:51 PM
Commonly, people do hoard their Bitcoins with the belief that doing such can make its value bigger since there is a limited supply of circulating Bitcoin, as the demand increases with the limited circulation, so do the bid for the price will increase and that is why people keep on holding or hoarding their Bitcoin because they are up into up looking on a higher price that Bitcoin can attain if ever they will keep on doing that.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption and increase in crime rate, how correlated are they?. on: August 23, 2021, 06:53:05 PM
This has been an old issue being imposed against Bitcoin and the whole cryptocurrency community with regards to the increase of crime rate in relation to the adaption of many people towards engaging into the crypto market. It seems like the media have put a lit of fire into this issue wherein this have already been tackled long time ago that the crime rate (scamming, hacking and etc.) have already been there before crypto and the ones to be blamed are the people behind those acts and not crypto alone for they are using the advantage and making their dirty works out of it.
17  Bitcoin / Bitcoin Discussion / Re: South African Man Loses $900,000 Worth Of BTC After Accidentally Deleting Keys on: August 21, 2021, 11:07:59 PM
That was a really awful situation to happen having your seeds to be deleted which is the only way to access your funds and the reason behind was your own mistake seems to make it more frustrating to the part of the owner. If he would be an ordinary person that do not have the knowledge on recovering the seed phrase to access it and doubting that asking other people for expertise on recovering it, then it would be hopeless to expect that he can have his hand on those hands anymore on whatever his wallet contains because he no longer have his keys.
18  Economy / Economics / Re: How to identify high-quality projects in the primary market? on: August 17, 2021, 07:43:45 PM
Most people checks first the background of the project of course not just the name that is catchy to the eye. First of is the developer team behind the project which will of course give the first impression on what to expect about the project. Next is the project itself on which you must read the whitepaper that includes the road map and the overall plan of the project as well as what it is really all about. A quality project must be unique or at least have an edge on the other existing ones meaning innovative in nature that is not impossible to be achievable or realistic to be attainable.
19  Other / Politics & Society / Re: The recent surge in Covid-19 is making vaccine makers to have a rethink on: August 17, 2021, 07:28:24 PM
As this pandemic continues despite of the fact that different pharmaceutical companies have already started distributing their created vaccines to fight back against the deadly covid-19, different variants of the mentioned virus also arise making it a hard time for the scientist to test if the created vaccine can still be efficient to be use againts those variants and if not, there is another challenge for them to again create another set of vaccines to resolve the existing problem and future use of course that will lead them to improve the vaccines or create another one from scratch.
20  Economy / Trading Discussion / Re: Always pump after sold holdings. on: August 17, 2021, 07:11:26 PM
There are times that it have happened to me because I have might miscalculated or did not anticipated that it is still possible for a higher price to arise after a long hold which is so much frustrating sometimes because it seems to feel that you miss out a big event because of selling early. But I have learned to accept the fact that a profit is still a profit no matter what happen. It is better that you have sell already rather than regretting waiting for a bigger price then suddenly the price dumps hard.
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