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3341  Economy / Speculation / Re: BTC is over $54,000, hold or sell? on: March 14, 2021, 03:41:53 PM
Such decision whether you hold or sell will be just up into you for you will be the one to benefit on whatever your decision will be at the end. But for many, there maybe a big part of those who have Bitcoin will just hold it until the price increases into an incredibly big price and for the newbies since they are intimidated on the big amount and might be scared that it will be possible to crash unexpectedly and just securing to gain their profit, some will surely sell. Well, it is their decision depending on what they think the possibilities will arise. It is not already a matter to discuss for the fact that you are the one who is responsible on your own crypto specially with regards to Bitcoin.
3342  Bitcoin / Bitcoin Discussion / Re: again a Bitcoin millionaire who forgot his password on: March 13, 2021, 11:54:46 PM
This is surely very awful to think of the big amount stored into the account where he forgot his own password. This must raise an awareness to the newbies and even to the oldies how important to keep your private keys and make sure you will not forget your passwords no matter what for you will be regretting everything once you did forgot those and you cannot have an access on your account when you know you have stored a seriously big amount of money into that. Everyone must be responsible enough on dealing with some basic necessary information they are doing for the reason that securing you have an access into your own account is the basic thing you must always keep into your mind.
3343  Bitcoin / Bitcoin Discussion / Re: Does BITCOIN make a person's life better !? on: March 13, 2021, 11:33:08 PM
It seems like the OP is pertaining on the possibility that a person can attain upon doing engagement with Bitcoin in a sense that doing works related to it which gives him the capability to earn profit or a handful of money makes someone's life better. The mere fact that Bitcoin exist is roughly for the reason of improving transactions that have limitations on what have been traditional making it a sense that transactions can be made out worldwide in a seamlessly fast way. Bitcoin might improve someone's life depending on how he is using Bitcoin or how he have been handling it to improve his own life. Bitcoin can and cannot make other people's life better depending on how he manages to deal with the odds that are associated on engaging with it since it is very volatile. If you can properly manage it then it is possible you can have a better life but if not, then you are having it the other way around.
3344  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Lifeboat on: March 09, 2021, 11:35:14 PM
For many people, they see Bitcoin as well as the whole cryptocurrency industry as a life boat for they have been save from the potential loss due to the worsening situation that the fiat is facing due to lots of contributing factors that are brought by unexpected effects making a big crash on the economy of different countries that are affected by those events. Well, it is kinda be true to say and been realized by many specially at the time of pandemic wherein stock market have been faced into a serious matter and people have saw great potential on Bitcoin and crypto making them to engage into it saving up their funds from potential loss. Treatment of people on Bitcoin as a life boat is all due to their experiences where they have been saved by it on their hard times and now they are living far beyond the life they have when they were just working into fiat. But still both are beneficial in their own ways so better be good to have investment on crypto and fiat as well.
3345  Economy / Economics / Re: 'Cryptocurrency is not legitimate money,' says Nigeria's central bank governor on: March 09, 2021, 11:16:01 PM
It is just their own perspective and opinion towards Bitcoin so no point to argue for we all do have different ways on how we perceive things depending on the way we see it and understand how does it work. It is just a sort of mental discrepancy that differs the way we see things compared to other people. If that is what they believe, then let it be. As long as you do know what is the real thing about Bitcoin, so be it. No need to argue on things all over again. Let them believe what they wanted to believe because we know on ourselves how Bitcoin works on our lives and our perception is based on what we have experienced upon engaging into it.
3346  Economy / Economics / Re: The End of Covid Scam? "Governor Abbott Opens Texas 100 Percent" on: March 09, 2021, 10:54:53 PM
It will be good thing to be done opening the economy but still we are into a pandemic even if the people specially the businessmen do want to open their establishments at full working capacity, still there must be held safety protocols for there are still certain risks visible as of the moment. This might be another cause of headache to the national government once the number of cases pumps up and grow too fast in an instant. I know we are already sick of it always wearing masks and following the protocols but that is for a good cause. Let us just all hope that the decision done by Governor Abbott will not have a negative impact on his constituents knowing we are still in the middle of a world health crisis. Opening the economy is good but still consider the safety of everyone for once this pandemic ends, economy can still reopen but loss of lives due to covid-19 cannot be gained back anymore.
3347  Economy / Trading Discussion / Re: Never catch a falling knive on: March 09, 2021, 10:38:36 PM
There are certain risks and danger of course upon catching a falling knife and mostly those who fall into this are barely newbies for the attempt on grabbing what they see as opportunity ends up on having the contrast that is why they ate gaining losses. But sometimes even if they tend to catch such falling knife of the market, still they are being patient to wait up until price recovers but still there is no assurance on risking your funds into such but you will be lucky once it became favorable to you. Patience is really a must as well as thorough observation on the market movement to see if you will be entering or wait up a little bit more.
3348  Economy / Trading Discussion / Re: Bitcoin Trading from Scratch on: March 09, 2021, 10:20:27 PM
When you are starting to do trading from scratch, you will be needing all sorts of basic necessities that a normal trader must know starting off from creating your own crypto wallet where you will store the crypto you will be needing for your trades as well as learning the basics of how does trading works. Surely you do want to gain profit upon engaging into trading industry so you must learn what information you can use for the fact that trading can be brute for those that do not have experience and putting their funds into gamble which makes them vulnerable to loss. Better be sure to keep yourself updated on the market movements as well as into other factors that may affect like news and trends as well as learning technical analysis because those can help you in your trading journey.
3349  Economy / Trading Discussion / Re: Learning is better than Following on: March 09, 2021, 10:00:32 PM
Well, it is really better to learn it by yourself so that you will not be always dependent on others but following into what others do is also some sort of learning strategy for you are familiarizing what the others do and you are carrying out the idea and apply it on yourself. If you see that what others did will not be suitable for your case, then that is the time you are altering the ways they do and make some sort of changes and that makes you realize things can be done all by yourself. Nothing is wrong on following as long as you do know whether it is the right thing to be done or not.
3350  Economy / Trading Discussion / Re: Newbie traders - Learn from my mistakes on: March 09, 2021, 02:59:50 PM
We do really learn from the mistakes we have taken from the past and that what makes us the better version of ourselves to prevent making the same mistakes we have before. When it comes to trading, every beginner even the old timers do still commit mistakes which leaves a great lesson to seek for improvement so that once when the same thing happens once again is that we can already have ways or solution to resolve such hindrance in our way. It is just fine to commit mistakes as long as you learn from it and you are making a way not to do the same thing all over again. Be mindful of the decisions you make for it can affect and have an impact on the sake or condition of your trades. Be wise enough so you can execute better solutions to save up your funds.
3351  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 09, 2021, 02:20:57 PM
It is already given that upon entering the trading industry you will be expecting that you will be earning losses more than profits at the first trials you will have as well as even if you are already an experienced one for the fact that there is a higher probability of experiencing loss in this industry and it will take hardship and effort for you to gain success through being wise on doing decisions upon picking the coin as well as maintaining that you are working into it in your favor. The data is not wrong for stating a large percentage of failures rather than success because admit it or not, it is really very challenging dealing on trading more than anything else which is why we need to be knowledgeable so we can deal with the odds and manage those so that gains will be upon us.
3352  Economy / Trading Discussion / Re: Caution: Don't get carried away by social media vibes while trading on: March 09, 2021, 02:00:01 PM
You must not get carried away by those articles and news you found in social media and other online platforms but you may at least use those as a basis and keep yourself updated on the current trend so you can keep yourself up on what is the latest happenings because such can have an impact on the flow of the market change which can or cannot be favorable to you. Better be wise on weighing which one to be followed and which one must not be. It is still up to you to be wise on knowing what will be the best thing to do on your trades. You must just be aware of the happenings in your surroundings at all times and keep yourself updated because it can help you out a bit or more.
3353  Bitcoin / Bitcoin Discussion / Re: We once had a barter system here, but the government smashed it on: March 08, 2021, 11:58:17 PM
The barter system is a very old way of exchanging commodities. We cannot just barely stay into something wherein we can seek improvement to give better service to the people. With the presence of the concept of money involve for exchanges of commodities we are benefiting on nourishing and making our own economy to gain from those transactions not just because we owe some sort of products we have using barter system is that we will making it stay for long. The needs of the generation changes as the time goes by so there are provisions that are changing old ways to make it more beneficial for the sake of all that is being done by the government. As for the relation to Bitcoin and crypto, government will not be totally smashing it. It will just be regulated on usage and transaction being done due to their own reasonings that is said for the good of all.
3354  Bitcoin / Bitcoin Discussion / Re: The World Without Bitcoin on: March 08, 2021, 11:40:06 PM
With or without Bitcoin, the world will remain as it is. There would still be institutions that will handle financial concerns of the people and they will be subjected for improvement to get along as the needs of the people increases and the technological advancement is present. Now if time comes that after Bitcoin existence it will suddenly be gone, for sure there will be sudden changes which we can adapt sooner or later but that will be difficult on the first phase because we have been familiarize on having Bitcoin and other cryptocurrencies on our side. Things will change for sure but it will just take time until we can move on after that.
3355  Economy / Economics / Re: Bitcoin millionaire lists reasons most will never be rich on: March 08, 2021, 11:19:46 PM
It is not that most will never get rich, it might be just let us say reasons why someone is having difficulty on getting rich and seems to have been delay or postponement on getting into their goals. Everyone can be able to get rich if they wanted to as long as they have the right mindset, doing actions as well as the resources to make it possible. It seems like it is being discouraging to think that those reasons will never make you rich. Those were just factors delaying your progress of being rich but you still can be able to be one once you conquer all those hindrances along your way. That is why you don't just need to be hard working, you also need to be wise if you really wanted to be able to reach your goals.
3356  Economy / Economics / Re: Bitcoin after the pandemic on: March 08, 2021, 11:01:34 PM
Lets us just say that the pandemic help people realize and recognize the importance of getting into Bitcoin as well as into the cryptocurrency market after the crash that happen in the stock market all due to the negative effect of the pandemic in the economy of each and every country affected by the scenario. We are still into the pandemic and we are seeing such a great improvement happening into Bitcoin and other existing cryptocurrencies in the market and if ever this pandemic will turn out to be ended, surely people would still be into crypto for they have already been familiar and experience the benefits Bitcoin can provide to them.
3357  Economy / Economics / Re: Why not "COVID" vaccine passports on a blockchain ID on: March 08, 2021, 10:38:15 PM
People are always thinking and linking that things happening in the world can be resolved by means of putting blockchain in between as if it can resolve anything. Remember all things have their own limitations no matter what happen. There could be areas they are very useful and there are things that others can do it on their own. Now with the case of putting info on a blockchain ID whether yoy have got vaccinated or what, it is not already needed for there are documents and medical records since the lifting of the travel ban implemented as a requirement before you can be able to travel and such way is already enough and blockchain will not be already needed to tag along.
3358  Economy / Economics / Re: Can the world be without poverty on: March 08, 2021, 04:29:30 PM
Poverty have become a part of the societal issues that can never be eliminated since the past era that the world exist for there are already societal differences between people dividing social classes depending upon the capacity and resources they have which is basically classifying into which social class they do belong. Poverty can be lessen but cannot be totally eliminated for the reason that it is not just about money but also power and availability of resources to make them survive and support their daily life necessities on which happened that is taking advantage by higher social classes making poverty be a remaining issue unresolved for people are more likely familiar and contented into the concept and boundaries between the rich and the poor.
3359  Economy / Economics / Re: Strong kyc reason on: March 08, 2021, 03:13:25 PM
The reason why banks are doing strong KYC is because they are mandated and under the regulation of the government and they are also benefiting on that certain process to eventually secure the real identities of the clients and avoid fake identities specially on releasing loans and other related bank transactions that concerns security and safety of both the bank and the person involve. It is not done to gain extra credit or gain money through that certain process. It is a regulation needed to be done to verify identification of the customer and track their records if ever unexpected things happen that concerns the policy of the bank.
3360  Economy / Economics / Re: How do you trade? on: March 08, 2021, 02:50:13 PM
Mostly people have their own ways of doing their trades which we call strategies. On my case, I carefully watch and observe the market and keep myself updated on the news and trends that can eventually have an impact on the flow of the market although it is given that we are working into a very volatile market. Sometimes what is happening right around us can eventually have an impact so I am making it on point to simultaneously observe and update myself on what is the latest so I can keep up on trend to adopt on sudden changes. Knowing basic knowledge combined with past experience as well as being observant are my ways on doing my trading.
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