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1901  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading Or Invest ? on: February 05, 2021, 10:14:45 AM
When the altcoin price was experiencing a positive change I was confused ... whether to invest or trade directly ..
your advice is advice to me .. thank you
Actually it depends on your budget and time. Why I said time? Cause if you choose trading, you need to devote time to monitor your asset in order to gain some profits and not to missed opportunity on sell and possible re enter again. I know its quite hard to do this if you have some job or other routine works daily maybe better to focus on investing cause it could not eat too much of your time to check price frequently.

I would suggest the same thing since it really depends on what your resources are, your available time, your willingness to engage with either trading and investing, and what your goals are. Once you have decided on what you would like to reach or achieve, then check on your available options on what best suits to your goal. Always see to it that it should have a harmonious relationship with the other things you do.
1902  Economy / Economics / Re: Risk-takers always ahead financially on: February 05, 2021, 09:46:30 AM
  Life is all about taking risks and the same thing applies to getting money. You can't just fold your arms wishing you had money, the best way of being ahead is by getting started.
  When opportunities that can lead to money arrive, many people out of fear, laziness and curiosity always doesn't grab them and they'll be waiting for someone to try so they can see the outcome, that doesn't make you smart it'll only delay or stop you from encountering your financial breakthrough.
  You should cultivate the habit of being well-informed about the financial opportunities circulating around the globe so when you get the chance never allow fear, laziness or being too curious to stop you. money is not for the weak so be brave.

Yes, taking risk is important and most of the time, it is worth it, but still don't forget to self-calculate and analyze first before doing something too risky. Assess the situation and if it is worth taking a try then go on and do the action. It is important to be smart not only to be a risk-taker because if not assessed carefully, you will just lose at the end. Learn from past experiences, learn from the others, and learn from different aspects.
1903  Economy / Economics / Re: Bitcoin to trigger central bank collapse on: February 05, 2021, 08:26:58 AM
TL;DR. Anyway, this is next to impossible. The only reason that may cause central banks to collapse is when governments themselves collapse. Otherwise, central banks will always be there. For as long as money is designed, issued, and controlled by governments, central banks will stay relevant. For as long as monetary policies are crafted and subsequently implemented by governments, central banks will exist. There may be changes in the design of central banks but they remain essentially the same.

Now, Bitcoin is not created to bring down governments. If at all, it prefers that money is out of their control.

That is true-- given that the economy is running around the world with the use of fiat currencies since long time ago, even if cryptocurency will be used by almost everyone, I believe fiat currencies will stay the same and will still be used by the countries since it is regulated by the government. Cryptocurrency as a main currency used in everything, that may be possible but central bank will not be lost still.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
1904  Economy / Economics / Re: Cryptocoins burning market on: February 05, 2021, 08:04:11 AM
Elon musk just change his twitter status & it Bitcoin raises unto almost $7000

Not just Bitcoin in recent days, Today is ripple is on fire, week ago Dodge coin & many like this.

Start investing in crypto currency, No government can stop this. This market is on Fire....🔥🔥🔥🔥🔥
This kind of tagging of Elon Musk to every price move of cryptocurrency is starting to be annoying Shocked like what’s really wrong with you people? Every single thing that happens these days you’re all looking for way to say it was caused by Elon Musk, like who even gives a heck about what he has to say or not?

Yes, he can at times influence in some little ways, but it’s not like he’s been here from the start. We have seen a lot of increases in price of Bitcoin, Bitcoin has done that a lot of times, we have seen that the price can go any direction at any time, so it wasn’t caused by Elon Musk please.

There will be always people like that, they are scattered everywhere. At first they are funny bit it gets annoying as you said. It's just unfortunate just some people really believe those kinds of things that they are being dependent on it. Some just felt the pride because the richest man acknowledges existence of Bitcoin, I don't know what's the term but they recognize Musk too much.
1905  Bitcoin / Bitcoin Discussion / Re: The day I entered the bitcoin market.... on: February 05, 2021, 07:41:30 AM
I never went to Instagram for tutorials, I didn't even know that there were many of them there. Mostly I've known them from the forum and by using google.

Same experience. I am not familiar with Instagram containing cryptocurrency topics (since I don't open Instaram that much), but maybe there were few accounts intended to post for something like that. I also look into forums and websites which I think is more reliable if I want to learn more about Bitcoin and crypto. Since there are many social media platforms now talking about bitcoin, social media may be one of reliable source of knowledge. Just always make sure that the accounts you follow and read articles to is reliable too, of course.

Well, I believe it depends on each person how they did found out about crypto, and all matters that you apply to yourself what you have learned from those.
1906  Economy / Services / Re: Roobet.com | YouTube Review Video | Earn up to $50! - Ends February 5th! on: February 04, 2021, 05:20:45 AM
Roobet Video Review Link: https://youtu.be/7KSY70iIeFo
Roobet Username: konghey
1907  Bitcoin / Bitcoin Discussion / Re: Trust your gut on: February 03, 2021, 04:08:48 PM
There will be really times that you will feel pressured on the price, the things around you (such as relatives and friends who are familiar with bitcoin), also with the users who already sold their holdings. Actually, there's nothing wrong with that, but if your gut feeling is stronger than anything, I agree that you trust it. It's worth it if you wait longer and the results are greater than you expected. Always aim for what you think is better and you won't regret it.
1908  Economy / Economics / Re: Fiat and cryptocurrency on: February 03, 2021, 03:51:16 PM
Maybe they are the same in terms that they are both "currency", but still there are a lots of differences you can see between cryptocurrency and fiat. Cryptocurrency is revolutionary; this is a currency that no one can regulate-- it is decentralized. On the other hand, fiat is controlled by government and admit it or not, this is the traditional currency which we use from times before and we still use now. We're having an advantage where we can use both now and we can decide where we will choose to grow.
1909  Bitcoin / Bitcoin Discussion / Re: I always return to Bitcoin on: February 03, 2021, 03:27:42 PM
Summarizing, I've always returned to Bitcoin, deep down I always knew it would become that successful, I'm trying to learn from my mistakes. Now, I'm trading several times throughout the week, managing a decent profit with each trade. There's no point in regretting what I COULD have done, but only to look forward, and what I can achieve now.

I also have the same experience as yours. I have known Bitcoin many years ago, actually earned from it, but after few years I stopped. I guess the fire and motivation to continue faded away, but then again, I am here joining in discussions because I am really missing out my life if I am not using the full potential cryptocurrencies have as of now. I believe that there's so much more in the next few years to see how Bitcoin will improve in terms of numbers of users and popularity.

I am really glad that I was born in this generation, because if not, there will be no chance of an encounter with such great innovation.
1910  Economy / Economics / Re: Financial freedom and success comes from knowledge on: February 03, 2021, 03:06:02 PM
A lot of people have still not learnt from what has happened during this covid19 pandemic, because they still care less and don’t want to do things that will help them in creating wealth for themselves.That’s why there is a quote that says that we shouldn’t work hard, but we should be working smart and not hard. Working hard and not doing it smart means that you’re just going to be stressing your life, which will in turn affect you.

But, when you do it in a smart way you’re going to be able to earn from it and develop a small business to a higher level. There is a way you can package the same product that is being sold for a penny and it will be sold for a huge amount of money, the way you do your things is the same way it will be valued.

What you said is true; a lot of people suffer-- "lack knowledge" rather on how to use money wisely, that their lives are still in constant 'work hard' scheme of life. Once they learn about how should manage money, everything follows. If only a lot of people will truly apply what they have learned; not only just 'know' it, they won't be 'suffering' for the rest of their lives. Being a hard worker and a smart person is both essential to achieve it, and it will be surely worth all the efforts you have exerted.
1911  Economy / Economics / Re: Rich have too much on: February 02, 2021, 01:59:25 PM
There's no easy path to greater things. If you are born poor, no one blames you. You need to work hard if you want something. The idea of the author of this thread is kind of absurd because it's like pushing poor people more not to work on their current status since they will be provided with things that they need. Rich people are not unfair, they did all their best to put themselves in that position and we are to do the same.

Life is hard but we should persevere harder.

This may be true, but in order for us to not be burnt out by working endlessly, we also need to work smart.
1912  Economy / Economics / Re: Does Bitcoin Help The Poor on: February 02, 2021, 11:01:54 AM
I don't really believe bitcoin helps the poor there are lots of countries where the poor people around there don't even have access to electricity, internet, and even mobile phone self. Most of those people those not even know about bitcoin due to there location and lack of information and communication, There are people that don't even have money to invest in bitcoin or to trade bitcoin so how will they benefit, that's why I don't believe bitcoin is really helping the poor.

I also agree with your statement, especially if we are talking about the poor (no money, no food regularly-- in a simple terms can't sustain themselves or their families). We all know the initial requirements if we wanted to know about bitcoin and crypto which are devices (computers or smartphones) and internet connection. Bitcoin does not help the poor UNLESS there will be someone who is familiar with bitcoin and help those people in need in a way they will learn how to invest and trade cryptocurrencies. It's an indirect impact, and it will still go down to the subject humanity. Bitcoin is a mere currency, it is up to us who use it on how we will handle it.
1913  Economy / Economics / Re: Rich have too much on: January 31, 2021, 11:01:17 AM
Life is fair, it is all about action and the knowledge you have that you may use to be poor or to be rich, gaining a lot of knowledge plus skills would be a great advantage for you to get rich. Actually, those poor people shouldn't blame others for what they are now, we, ourselves would be the ones who would dictate our state in life. If we make ourselves known and be confident in ourselves then we can make more income and be rich in the future.
Everyone has a different opportunity in their life that not everyone can be rich in the same thing that we all have another purpose and destiny in life. So life is indeed fair because all we need to do is find something suitable for us to reach our goals. We should also keep moving forward and making our feet wet to face every struggle in life
1914  Other / Beginners & Help / Re: Why you don't need to think of ranking up? on: January 31, 2021, 06:59:22 AM
Learning and understanding the crypto and blockchain space is the purpose of this forum to help newcomers who wants to start buying cryptocurrencies, not thinking about ranking up. The only thing that makes newcomers think about ranking up is when they discover that they can earn crypto by joining or participating in bounty and signature campaigns in this forum.
1915  Bitcoin / Bitcoin Discussion / Re: Buying Bitcoin is like planting trees on: January 30, 2021, 01:21:57 PM
Indeed. It's better to continue purchasing bitcoin today for our future because if we think that bitcoin is expensive today, there is a higher chance that bitcoin's current price is now cheap in the next ten years. Hence, it's better to grab every opportunity than wasting it because bitcoin's price might increase to $100,000 in the next ten years.
1916  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DOGE To The Moon on: January 30, 2021, 01:00:07 PM
Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?

I believe Doge's explosive growth is due to the influence of famous people. If you have already noticed that social networks, people with a large number of followers have a strong influence, and in this example we can see how it works. Of course, on the one hand, this is very good, for the owners of assets who have received such close public attention, because everyone can fix a profit and earn money, on the other hand, how much is this correct and will not this lead many people astray? In any case, while this is for the benefit of ordinary investors like you and me, this is definitely very good and once again shows the strength of society.



Dogecoin got huge fanbases on every social media platforms, which proves that social media influence plays an important role in growing your businesses. I believe, the hype for coins make the price increase.
I don't think Doge's fanbase is the reason. The Redditors are the main reasons why Dogecoin and bitcoin have made a sudden rise in their prices because they switch buying Doge and bitcoin after GameStop stocks surge their price in two weeks and suddenly lose their value. So it happened again because Dogecoin made a massive decrease to its price today that many people have lost half of their holdings and savings, and now they hated Doge from it.
1917  Economy / Gambling discussion / Re: Have you been to a place where people gamble on Car Race on: January 30, 2021, 12:25:49 PM
I haven't experience betting in Car Race before, but I have already watched a Car Race on the Television. I think it's much better and to bet on a Horse Race Game than a Car Race because it takes a long time to finish a car race that it will just bore if you will continue to watch to see who wins the race.
1918  Economy / Trading Discussion / Re: What to avoid as a beginner in trading Bitcoin? on: January 29, 2021, 05:51:46 PM
The things that you need to avoid when you are a beginner in trading bitcoin and cryptocurrency is not doing your research, not following the advice of experienced traders, not teaching yourself to learn the market movements and trading tools, and not controlling your emotions. No one is born as a professional trader, so don't be afraid to lose a small amount of money in your first trial. It's much better to take every chance than to lose it.
1919  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: January 29, 2021, 05:25:59 PM
To be honest, reading this thread is hilarious because having a one time experience hitting the lottery jackpot is a dream, and you will end up dying from it. LOL. But I still feel sorry for whoever has died in this kind of case because it is tragic even you died happily. It is one reason why many people always recommend taking care of our health to enjoy our lives perfectly and happily.
1920  Bitcoin / Bitcoin Discussion / Re: If bitcoin price had not crashed in 2018 on: January 29, 2021, 05:04:43 PM
We both have a similar experience, mate, that I started investing in bitcoin and other cryptocurrencies in 2017. Unfortunately, after bitcoin reached its ATH price in 2017, I didn't expect that it will suddenly go down, so I still hold my bitcoin by that time because I assume the price will go up again, but it didn't. I started selling half of my bitcoins in 2018 because I need funds to support my family's necessities.  So there is a regret seeing bitcoin increasing its price without recovering half of my funds and not able to grab the real opportunity to have a considerable amount of bitcoin.
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