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2961  Economy / Trading Discussion / Re: How do I start trading? on: August 16, 2021, 07:12:57 PM
First thing is to of course learn what trading really is all about because you won't stand a chance to survive in the trading market if you basically do not know anything about it. Next is to educate yourself on how trading works by familiarizing yourself in the market starting from the common coins that are popularily being traded by many traders so you can observe why people are trading them based on their value and of course market movement. Be knowledgeable on reading and interpreting the market flow on chart and use technical analysis and other helping tools for your guidance and helping hand in trading. Of course be picky on selecting coins you want to trade and manage your funds.
2962  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin in the highest level of trust? on: August 16, 2021, 07:07:12 PM
It is because among the existing cryptocurrencies in the market, Bitcoin have already proven its worth through the years that it have been into the crypto market providing safety and security on those people who have risked their funds on investing with it and have fruitfully gain profit from and it have shown us that despite of many circumstances it can still be able to bounce back to the top even if there are lots of negativities roaming around trying to pull down this crypto. With that, Bitcoin not just gain popularity but also it have proven people that it can be reliable and trusted.
2963  Bitcoin / Bitcoin Discussion / Re: Incredible stories of Bitcoin millionaires on: August 16, 2021, 06:16:31 PM
That was incredible yet unbelievable story of how the person that the OP have mentioned accumulated such a big amount of Bitcoin even without putting up an investment through fiat and those have gathered only by just donations. Maybe at that time Bitcoin was just a small amount compared for today and if that person have managed to take into hold with those Bitcoins for years since accumulation, he would really be a multi millionaire as of the moment that Bitcoin's price have boom compared to what it have before.
2964  Bitcoin / Bitcoin Discussion / Re: Argentine President sees no reason to oppose Bitcoin adoption on: August 15, 2021, 11:24:52 PM
As long as the people and safe and their welfare is not at stake and they seems to be far away from scam schemes and they wanted to use Bitcoin and other cryptocurrency to be part of their daily life situation, then there is really nothing wrong with the adoption. As long as there is no threat being seen that will affect the people, then it is good to go but still it is the responsibility of the individual to take hold of how he will handle things on his own and make use of the freedom that is being given by the state compared to others that have been restricted by their government due to certain reasons.
2965  Bitcoin / Bitcoin Discussion / Re: Whose job should be more appreciated about Bitcoin widespread? on: August 15, 2021, 10:32:41 PM
Everything and everyone have a grear contribution on the widespread of Bitcoin starting off with the positive ones that includes the inventor/creator, the early investors, the believers and even those negative contributors that are spreading FUD within the social media and even wild talks against Bitcoin is also considered as big contributor because everything that mention Bitcoin no matter what the talk is all about, adds popularity on Bitcoin itself due to the reason that people are getting curious about it makes them aware of something they don't initially know does exist.
2966  Bitcoin / Bitcoin Discussion / Re: What is the legal status of Bitcoin in your country? on: August 15, 2021, 10:09:46 PM
Here in our country, Bitcoin and other cryptocurrencies are not banned or treated as illegal by our government and national bank, but it is not greatly supported due to certain cases that involves cryptocurrency on scam schemes done by our citizen and foreigners for their own goods sake that victimized citizens here in our country. We are being discouraged to get into cryptocurrency and using or getting engage with it is doing it at our own risk and personal choice.
2967  Economy / Trading Discussion / Re: The reason why investors often lose money on: August 10, 2021, 11:58:41 PM
There are different reasons and factors affecting why investors mostly lose their money in an investment or trading. Mostly those reasons and factors are somewhat environmental, economical and even social that contributes on how their mind behave on dealing with their investment and trading. It is in need for an investor and trader to be disciplined and knowledgeable to be able to identify what are his essential needs so that he won't be much affected by external factors that can affect his decision making for the sake of saving up his money.
2968  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Burning plans on: August 10, 2021, 11:48:23 PM
Burning plans usually came after the live sell or the event where mostly investors and potential buyers are into putting their money into a specific project coin. Mostly this happens when the totality of circulating supply is too high that makes the price low so to be able to somehow make the price high, the supply is being cut through the means of burning to be able to raise the demand with a limited supply that makes the value big. It is mostly stated on the road map of the project as the plan of the team developers.
2969  Economy / Trading Discussion / Re: What is stop loss and how it works on: August 10, 2021, 09:10:41 PM
Stop loss is when you are limiting your trading into a specific point to minimize the amount of loss you can acquire while you are doing trading so that instead of total loss, you can still have some of your funds left with you. By this way you can somehow have a control within your funds not to exceed its limit leaving you with nothing. Stop loss feature is really a helpful one specially for those who are just starting their journey with trading and even veterans for you are having a helping tool to minimize the loss effect in any of your trading to save up your money wisely.
2970  Economy / Trading Discussion / Re: Trading skills and strategies on: August 10, 2021, 08:41:17 PM
Knowing the market where you wish to do trading is the first thing you must study to be able to cope up on having the understanding on how you will deal on that market by observing the market behavior and by that, you can think of strategy to cope up with that market in favor of you of course to earn profit. Know your limits and budget capacities to assess when to stop or to continue doing the trade. It is really important that you are mindful of the market so that you will not be ignorant on what you will do next.
2971  Bitcoin / Bitcoin Discussion / Re: Does Covid-19 affect On Bitcoins on: August 10, 2021, 08:11:28 PM
On the first time that the pandemic have been announced and many countries have declared to state their countries into quarantine, many have panicked which have severely affected both crypto and stock market at the first week of the pandemic scenario. But as time goes by, crypto market have recovered so as Bitcoin who have dumped hard by that time is slowly going up for the reason that many of those who are into the stock market have transferred into the crypto market which affects the status of different crypto including Bitcoin itself. But as of now that pandemic is more than a year, Bitcoin still remains at the top with some dumps. But if this will continue further, we might see some effect on the status of Bitcoin given the circumstances caused by economic problem.
2972  Bitcoin / Bitcoin Discussion / Re: About the popularity of Bitcoin on: August 10, 2021, 07:51:27 PM
For the case of blind, elderly and children, they can still be able to cope up on using digital payment methods by having reloadable card like we can use on train stations for easily accessible way of doing payment by simply tapping it into the system. If that would be the case on how they can use their Bitcoin by loading it into a card like fiat getting into digital wallet going to a card for loading, that would make an ease for the hardship they are encountering on using digital payments such as Bitcoin payment if ever available. But for those who can freely access and know how to properly use their Bitcoins, that won't be a problem anymore I guess. It is just in need to put up a solution to the problem to be able to deal on the fast pace of modernization.
2973  Bitcoin / Bitcoin Discussion / Re: Future money! on: August 10, 2021, 07:35:03 PM
Bitcoin have always been said to be the future money because of its features that are really futuristic ever since it was created and have existed on which it is in line with the continuously growing modern environment we are living right now. People are seeing its worth and importance compared to before wherein they are realizing the benefits they can acquire through it compared to the accustomed way of living with fiat. Bitcoin have something more to offer but does not give it a way for fiat to be neglected for the reason that both can still co-exist even if so people are wondering that Bitcoin is the future money.
2974  Bitcoin / Bitcoin Discussion / Re: Could crypto replace government? on: August 09, 2021, 11:53:59 PM
Of course not. Cryptocurrencies does not exist to oppose the law and the government who have created it. It just that there is still a difficulty on understanding on both parties making it real hard for government to allow it freely to be circulating on their country maybe because they are thinking for the sake of their people. But even such issues arises on different countries, this will not lead for crypto to get in charge and push away government. Nothing like that could ever happen.
2975  Economy / Economics / Re: Bitcoin investment on: August 09, 2021, 11:33:47 PM
We may or we may not see Bitcoin to be hitting $100k dollars until the end of this year 2021 for we will be still having couple of months remaining and on that span, we can really never tell what can happen if Bitcoin will be soaring high or remain low. But it is good that people are having initiative on investing into Bitcoin as of the moment to be able to early adapt if ever such thing will come within this year or earlier next year. The important thing is that you have already made a move on which you have chosen to invest while you still can afford.
2976  Economy / Economics / Re: Which area will develop after the epidemic? on: August 09, 2021, 11:14:57 PM
There are lots of things to consider to have improvement after this pandemic for we have already saw the flaws of each department that is needed to be attended if the government and people will cooperate to make a change for the better. Many things have been affected by this pandemic that shows us all that there is really a weak spot on each and every single thing we have on our own countries specially when it comes to the medical and economic response to help out the citizens that are directly affected by the scenario. This will be a call out to push through improvement for the sake of betterment.
2977  Economy / Economics / Re: The Role of Government in Crypto on: August 03, 2021, 06:08:16 PM
If the regulation that was placed is really strict and only favors the side of the government then probably you can say that it undermines the decentralized nature of cryptocurrency. But if it's the reverse and the government and the people support it then we can see something positive happen to cryptocurrency in general.

Indeed because what we commonly hear and read from the news that is happening into different countries is that their government is putting a high restrictions on using cryptocurrency within their vicinity that hinders those who wanted to use cryptocurrency freely. If the government and people will agree into certain regulations that will benefit both parties and not just bias into a one sided decision, we can somehow state that there will be no problem with regards to government stand with cryptocurrencies if certain regulations will be made just for the sake of control that is not too much for the people.
2978  Economy / Trading Discussion / Re: It feel good to see Bitcoin going well on: August 03, 2021, 05:44:40 PM
Of course people do really pray as always for the betterment of Bitcoin for their own good sake and for the other people who have Bitcoin as well because once it was going well, then many will benefit from it. It is just that it will not remain as always on what it is all due because of its nature having high volatility that makes it hard to predict if it will be going upward or downward. But the good thing is that it always bounces back after every downfall so you must just trust the process and stop complaining and having panic.
2979  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin solve the world's debt problem on: August 03, 2021, 05:23:39 PM
I think not really because Bitcoin's existence become only useful for those who have it and for those who lacks or do not have some within their account or does not know how to manage on using it, of course Bitcoin will not be able to help them at all. There are certain things in this world that will remain unsolved even there is an existence of newly formulated technology or currency like Bitcoin for its existence will not guarantee to end up those economic problems that have already been existing even before. The solution might be cooperation coming from both government and people and not to depend upon into Bitcoin for there are factors needed to be consider resolving to find a solution into the problem of debt.
2980  Bitcoin / Bitcoin Discussion / Re: Getting paid in Bitcoin vs getting paid in Fiat on: August 03, 2021, 05:00:11 PM
Being paid in Bitcoin have both pros and cons od you will be better think of it for we all know that its value is really volatile so you maybe take it into advantage or the other way around. While on the other hand, being paid in terms of fiat which is a more stabilize value can also have both pros and cons in a sense that its value is stable that is cannot progress that far making you have greater value in your hand for it is what it is upon given into you unlike having Bitcoin that have greater possibility of increasing during the green market. Both are just fine as long as it is the free will of the employee to choose into what currency does he wanted to take his salary with.
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