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3001  Bitcoin / Bitcoin Discussion / Re: How did you first hear about Bitcoin? on: July 20, 2021, 08:30:37 PM
I have first heard about Bitcoin and cryptocurrency from my friends that have first to get into engagement with it and have introduced it to me since they think that I would be interested into such kinds of stuffs and that is when I have started working into earning Bitcoin as well as other cryptocurrencies on which I have also taught into my other friends that have frequently asking me about it and interested also to get into it. At first, it is a strange thing to me that such kind of currency do really exist because by that time I do not really have any idea with it. Big thanks to my dearest friends that have taught me and introduced Bitcoin and cryptocurrency to me for the reason that I owe them everything I have right now.
3002  Economy / Economics / Re: Vietnam Becomes Latest Country to Turn to Crypto on: July 20, 2021, 08:08:18 PM
It is a really good news indeed for the fact that this past few months, those countries that have their first impression and stand against crypto is now turning it down and have been widely accepting it into their country already. This is not just a good news for the people who are really wanting to get along with crypto but is just getting restricted by banning of it in their place. Now that Vietnam have already accepted it, then more people will surely get interested about it and this will gradually increase the popularity of cryptocurrencies even more. Good thing that the Prime Minister of Vietnam have think about it and a great decision have been made with regards to cryptocurrency.
3003  Economy / Economics / Re: Will the popularity of cryptocurrency continue? on: July 20, 2021, 07:53:17 PM
With the current situation that people tend to stay indoors and do their works online, surely people may have already noticed the widespread of cryptocurrency's popularity since it became the talk of the town in a sense that people are getting eager to get getting engage into the cryptocurrency market on which along with the popularity comes the massive volume of people entering the market because of different reasons. The popularity of cryptocurrency will continue to get with this because people may have already find its convenience as well as its importance and usage making them realize and stay with cryptocurrency.
3004  Economy / Economics / Re: Only young and naive guy believe in high risk high return on: July 19, 2021, 10:37:09 PM
It is because sometimes high risks makes good returns in favor of the one's who have the courage to take the risk of getting into something that he believes could possibly grow into something that is interesting. Most of the people are getting afraid of the consequences of the high risks actions being done by young minds because of no assurance that it would success and progress for the long run. But come to think of it, you will never know once you have already tried it right? Risks always comes before discoveries which makes young people that many says to be naive a successful one because he have the guts to take the risks and those who criticized him will soon to follow. But that will not always apply in all situation. You still must assess before doing engagement specially if you know you will be taking a high risk action.
3005  Economy / Economics / Re: Covid lessons learned know when to finish on: July 19, 2021, 10:01:11 PM
Many people have learned their lessons with the existence of the pandemic due to the Covid-19 situation we are experiencing right now. It is understandable that people will sell their assets or even businesses for the sake of earning money to support financial needs of yourself or even your family. But still the decision to do so, will depend on the individual if that will be for long term solution or just for the sake of fulfilling the temporary needs that is why they have tend to come into an end.
3006  Economy / Economics / Re: Crypto vs Fiat on: July 19, 2021, 08:42:40 PM
Cryptocurrency and fiat currency are two different entities on which they have different way on how they show case their importance as well as their value. Fiat money stored in banks have potential to grow depending on the contract you have with the banking system when it comes to interest rate that is stated on the banking contract you have signed upon creating the account and putting your money into it. In terms of cryptocurrency, the value have a better chance to increase on price because of its nature of volatility. Comparing those two, you can state the storing money in terms of crypto can be better with crypto compared to when it is on bank but there is a high risk that the pump can also gets into dump since it is not a stable market.
3007  Economy / Trading Discussion / Re: Reasons why they get it all wrong when trading. on: July 18, 2021, 09:45:14 PM
For you to be able to be a good trader, you must possess the quality and traits that a trader must have. You must be knowledgeable of course because trading is a serious and challenging work for you are battling and dealing with a highly volatile market wherein intuitions and gut feelings are not the proper way on how you will assess the situation. You must take into consideration the needed data to understand the situation and how you can be able to handle it into your favor at least. Yes, it is difficult to make odds be favorable to you because we are dealing with a volatile market. But since we are aiming to produce or make profit with trading, we must be knowledgeable enough on how to turn things into what makes it profitable for us.
3008  Bitcoin / Bitcoin Discussion / Re: I rather stay hungry than sell my Bitcoin on: July 18, 2021, 08:08:21 PM
Well, that is a really tough one dignified statement that I wish the OP can be able to make it because even if you wanted to resist the temptation, there really comes a time that you cannot endure it because you are already being triggered into something that will push you to do it even if you have promised not to do so. It is just fine to hold into your Bitcoins if you really want to and if you are not being short with finance because it is indeed great to treasure Bitcoin rather than spending it or easily selling it since it have the nature to rise its value and losing the opportunity to experience such is kind of frustrating.
3009  Economy / Economics / Re: Can cryptocurrencies replace fiat currencies on: July 17, 2021, 11:58:09 PM
This have been a really old tackle since cryptocurrency have existed and many people are now seeing its importance and usage and acknowledge its existence compared to what it is before. Now, cryptocurrency and fiat currency are two different existing bodies that can both coexist in the society. There is no need for the other one to be replaced as for they are still serving their purpose of existence. People can freely use crypto or fiat currency depending on their needs and wants. It is not intended to forcibly have just one type of currency to be used by the people since not all are into using cryptocurrency. Cryptocurrency and fiat currency are both good in their own unique way and how people are using them in the financial aspects.
3010  Economy / Trading Discussion / Re: If you aren't reading you shouldn't be trading on: July 17, 2021, 11:36:45 PM
In trading you must be able to understand and be able to interpret the casting of the candles and the graphs to better have an understanding on what you supposed to do either adjustments or pull outs on your trading strategy. Trading is not that easy as you think it is all due because interpreting the presented data is already a challenging part most specially in the case of crypto market that it is highly volatile wherein you needed helpful tools like technical analysis or even bots if you wanted to. Reading and interpreting is a needed skill in trading so you can be able to identify what actions must be done to turn odds into your favor to prevent too much loss and make a pull back of turning it into gains.
3011  Alternate cryptocurrencies / Altcoin Discussion / Re: investment and loss anticipation on: July 13, 2021, 06:16:29 PM
In any investment there are really times that you will get into a loss for the reason that upon doing investing, you are already guaranteed to gain profit from what you have invested. Of course there are certain risks involved in doing investment and lots of factors to consider as well. There is always a high chance to experience loss that gain that is why people are always saying "only invest those that you can afford to loose" so that you will not get too much frustrated on wanting to win back what you have loss in your investment. Be picky and always do your own research (DYOR)  before putting up in an investment to somehow have an upper hand on what will possible to make happen. Just anticipate what you can loose once you do an investment to help you assess and decide the amount of investment you will put in.
3012  Alternate cryptocurrencies / Altcoin Discussion / Re: Axie reaches all time high. What is your next pick? on: July 13, 2021, 05:54:23 PM
At the current time, many people are still eyeing about Axie Infinity specially now that its price have gone through another ATH compared to what have been recorded by the month of May. The hype is still on and I can witness it upon scrolling into my social media news feeds and people are still keep on seeking for scholarship and buying their own teams for their own good sake. Personally, I am also into Axie myself and my focus is still into this NFT and have not thought about what will be the next thing to lend my eye and money with. If there would be something that will interest me, then surely I would grab it.
3013  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you make sure a projects funds are safe? on: July 13, 2021, 03:05:19 PM
Anything can still be twisted on the process of acquiring funds while the project is still being run. Even we have already verified the developers or the team behind a specified project we are rooting with, we still cannot assure if they will stay into that attitude until the aim of the project have already been satisfied. But qualities that most good projects must do possess includes having a decent developer team behind it, a roadmap to see the progress and plans of the team towards the project and how it will turn out before, during and after the project have been commenced.
3014  Economy / Economics / Re: What is better - cryptocurrency trading or investing? on: July 12, 2021, 10:48:12 PM
If you are a type of person that does not go well into doing trading, then investment might be just for you. If you are foreseeing on which might be profitable between trading and investing with regards to Bitcoin, then I must say it still depends for we have different ways on handling the situation on which we can be good on either of investing or trading and there is a possibility to be good at both. Now, for a person that does not go actively on doing trading and just rely on the volatility of Bitcoin or any cryptocurrency he chooses, then investing might be your thing because right after you invest, it is up to you to hold or sell it already at a high price compared to trading that considers dealing actively with the market.
3015  Economy / Economics / Re: Which cryptocurrency do you decide to invest in for the long-term? on: July 12, 2021, 09:41:09 PM
Many people would surely say the safest and best option for the cryptocurrency that is good for long term investment would be Bitcoin itself of course not just because of its popularity but also due to certain reasons that it has already proven how worthy it have been for the past few years on which is surpassed many ups and downs and different challenges and have remained to the top and still continuously benefiting many people that have entrusted their investment into it. There are other cryptocurrency in the market worthy for investment but that would be your own personal choice already if you would stick into the popular ones like Bitcoin as preference.
3016  Economy / Economics / Re: The first rule of investing is saving on: July 12, 2021, 01:49:32 PM
Indeed. If you do want to invest into something that needs to spend money, of course you do need to save and earn money to afford spending. Rather than borrowing money from a bank or to someone you do know, it is still best to spend money on investing that comes from your own hand because if ever such investment fail, then you at least have no debt into someone that you will be hard to pay with. Also, upon doing investment, not all money you have saved must be put in all together. Only invest into the amount you can just ignore or afford to loose in a way you will not get frustrated when you loose such amount.
3017  Economy / Economics / Re: At least it was something great on: July 12, 2021, 01:22:58 PM
If the time has come that Bitcoin have already faded away all of its traces, usage, importance and everything related to it, people that have experience fruitfulness at the time it have grown and became that very useful and popular will still be proud to say that they at least have experience the great fullness that Bitcoin and all cryptocurrency have provide to mankind and those will still be treasured into their memories for a long period of time. What the important thing to be done by this moment is to just enjoy and cherish every moment we have with Bitcoin before such time will come that it will turn out to be a strange thing in the future that have existed just in the past and will not be experience by the future generation.
3018  Economy / Economics / Re: Cryptocurrency is the biggest investment opportunity in the future on: July 11, 2021, 10:23:04 PM
If you can cater the high volatility of the cryptocurrency market after you have done investing with it, then possibly you can say that it is a great and biggest investment opportunity to start with. But if you will just easily give up after experiencing the bearish market upon putting up an investment when it was bullish, then investing in to crypto maybe not your thing. It is a great opportunity for those who can take risk, assess the market situation and still stay despite of all the odds that this market will give you. If you have done just that, then it might be correct to state that cryptocurrency is a big investment opportunity of the future
3019  Economy / Economics / Re: Why is cryptocurrency bullish in the long-term on: July 11, 2021, 09:36:13 PM
The trend of cryptocurrency leading to its bullish in the long run starts up upon those individuals who have taken the risk upon doing investment in which early adaptors and investors have made a decision to take risk even by the time cryptocurrency is established, it have started in a low value per coin. They have just believed into their investment until it brought up a good outcome on which have been a good news scattered that gathers many aspiring individual putting up their money for investment, bringing popularity, hyping the crypto market and due to various factors lead to the bullish trend we are having despite of the ups and downs that the market experiences.
3020  Economy / Economics / Re: Will Bitcoin be infinite? on: July 11, 2021, 09:13:07 PM
We surely do not exactly know into what extent can Bitcoin last when it comes to the time it will exist from now until the next upcoming years since there will be lots of factors that can affect the situation it would be taking in the near future so we can or cannot expect for it to last for a very long period of time. But when it comes to the total circulating supply to be infinite, then it not because it is just limited and we are already aware of the matter since we have already known to expect halvings to take place in a specified time. The possibilities of its usage to last longer will still be dependent on the current situations and can be affected by other contributing factors.
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