For some communities that are from from urban living, harmony is happening. There's a system that we've been following and the people who are wealthy which are in the form of oligarchs, the ones who don't want to make this happen. its a dreamer's dream. it will never happen because we've already produced a lot of ammo for the war. lets rumble already.
It's a dream for us who have been living with this for a long time and I admire those communities that are being looked down, yet, they are the most welcoming communities or tribes that are living in peace together with other people. The true nature of human beings are evil, there will be no peace in our society if the leaders of our nation are focusing on war and chaos. Right now, that dream is seems impossible because most of strong nation have now weapon of mass destruction or what they called nuclear bomb. Many people say that there will be no peace if there is no war, I do not think war is only the option to have peace. If we will abandon all the weapon of mass destruction, peace will come to all of nations. |
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what I am experiencing right now is that it is difficult for me to obtain profits from investments and trade that I do, & is there someone here who has more effective ways for me to be able to improve my trade and investment so that I can get a profit of course, not vice versa I get is continuous loss.
Well, trading from the very start is not that easy were you supposed to be aware of that. And the more failures We encounter in the actual trading platform, is the more lesson We gain from it, isn't it right? Because, through my experienced in trading after 3 years doing it, I just fully understand how to apply TA and Timing when you do trade anyway. Trading cant really be learn up on a short span of time and this is where some people do lost its track when they are trying to fasten things up without even realizing that their expectations would really be different in reality and all of us would really experience lots of losses before we do able to learn and thats how things work. Investment isnt simple yet we know that risk is always accompanied on it but somehow this thing can be handled out with experience and knowledge that can be attained in a short time.Its not getting harder and harder, it just really need time. Traders should not be stagnant when it comes to studying the market because trading is a process of learning and there are always market changes that is why we should prepare on that. For those who keep losing in trading, maybe the market is not the reason on why it is happening. Lack of planning, incomplete strategy and bad mentality are the main factors why we lose. Focus on improving our skills and we should always have plan if we want to execute our trades. |
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There are many differences between stock trading and crypto trading. For instance, Stock market has fixed timings whereas crypto trading is available 24 x 7 x 365.
Stocks have more liquidity and are less volatile whereas crypto has less liquidity than stocks but are highly volatile.
Cryptocurrencies can be bought in decimals for example you can 0.0001 bitcoin too whereas for a particular stock you must buy at least 1 whole share.
Stocks have more fundamentals than crypto where in fundamental analysis is more likely usable than technicals, trading stocks and cryptocurrencies have a lot of differences. We can trade cryptocurrencies 24/7 but in stocks there are only specific market hours in order for us to trade it. Stocks also can only trade weekdays and the stock market are close whenever there is holiday and also every weekends. When it comes to technicals, there are no differences because both of them are volatile but stocks are more news driven where it can affect the price when there is certain disclosure while cryptocurrencies are not news driven. |
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Many investors and traders do not understand the price action they thought that it is now too late to buy ethereum especially it managed to breakout in this past days. They think that the price is now too expensive and they do not understand that a expensive coin become more expensive when the trend is very bullish. For those who do not know when to buy, I prefer to you that wait to the time that the Ethereum will retrace because for sure it will pullback after its momentum.
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It reached $300 per each but there is a huge wick appear wherein it indicates that it already reach its current resistance. I saw a lot people who keep saying the the ETH will reach $1000 in just a matter of time and I always telling them that do not expect that it will happen because of the market structure where there are a lot of resistances that the ETH may go through first in order to reach that level. Managed your expectations because in the reality it seems impossible in this current times.
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Maybe it's wrong if I treat Bitcoin as a digital asset, because from the very beginning Bitcoin was created as digital money.
And indeed if used as digital money it will be healthier for the future of Bitcoin. But it is also not prohibited to make Bitcoin
as a digital asset, so if I am able to bear the risk, it doesn't matter in my opinion. For me the price of Bitcoin is volatile, is
a big opportunity to hope to get big profits. Bitcoin may never touch ATH prices again, but there is always something another
possibility is that Bitcoin can reach new ATH. Now it depends on each of your choices, because everyone has freedom to choose.
I like your statement here. In my opinion, as long as there's tomorrow, there's hope for bitcoin. Bitcoin may never touch the previous ATH, because it will create a new ATH. But as the OP is promoting a platform in creating your coin to monetize it (mintme.com), I guess he also believes in bitcoin. Its capability to reach its potential in the future. There are many speculators around, they maybe not looking at reality but they give life to the crypto community. As a crypto user, you should know your boundaries and how to look at things objectively. Bitcoin may reach its all time high and make another ath but the problem is there are a lot of investors and traders who do not manage their expectation very well. They keep telling just "hold because of the price will go to the moon" it is funny and there is also a bit sad because they have wrong mentality where they think becoming get rich quickly. By avoiding it, we can focus on the general market trend and we can have a good analysis that we can use in the present time. |
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Hey guys/gals, maybe I'm too dumb to understand how BC really works, but I just signed-up on a BC site and before I can purchase a few coins, I was asked for all my REAL information, including last 4 of my SS#, address, and even a bank account to link my BC account to! Hello mate, actually you use the centralized exchange. well, in the centralized exchange, you commonly will be asked for your details proven by the ID data, card, and also all of the information needed. It is called as KYC and AML. This has been common in the big exchange, they will ask this kind of information. Actually commonly the exchange wil ensure that the data are safe and private enough so nobody can see your detailed information. but when you are doing any kind of transactions especially trading, other people will not know who you are. They are also no care about whom they are trading. they only sell and buy on the market so nobody cares about the identity. Actually, there is a way or exchange that needs no KYC or AML. they are commonly called as decentralized exchange. COmmonly you have to sign up with certain email and confirm very simple data and also 2FA. In this case, you can use any kinds of email and also personal data. howver, many decentralized exchanges are not trusted enough. So, you must eb more careful when choosing them. Decentralized exchange is what you need in order for you to buy bitcoin without uploading or giving your identity but there is also a negative of using it because not all of decentralized exchange are legit and many of them have hacked before. I prefer to use centralized exchange like Binance and Bittrex even though there is a KYC that is really required but I make sure first that the centralized exchange that I will use is legit and it has a high security to guarantee that my identity and my funds are in safe hands. |
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One of the common reasons why there are a lot of teaders that are losing because of investing or trading new listed tokens is because they always think that it is a bagger toksn. What do I mean by bagger? It is simply a token like in 2017 where there are a lot of new listed cryptocurrencies that keep making all time highs. In today scenario, it is hard to find a new listed altcoin that will form higher lows and higher highs. It is better to trade old coins that is trusted and reliable than to trade new coins.
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Looking at the current situation of btc it can be said that, BTC is pretty much close to breakout. If it break the level of 9270, there is a chance to start a rally to upwards.My Target level is 9400-9600-9800 Price.Even possible to touch 10k above.But that won't be stable. We are reaching the levels from $9000 to around $10000 for over two months and we are yet to see a breakout in both directions. The only doubt will be if i take a position the price usually rallies and hence i am not in a mindset to take a position during a phase like this. BTC Price critical support level is now $ 9000. If it is broken, the price will be dumped up to $8700-$8500. However, the key level is now 8500 $. If it is broken out it can test up to $6000. If we touch $6000 levels it might be because of the economic situation globally and if that is the case it will take a long time for the market to recover but i am still expecting a small correction before a rally. The price continue to consolidate and observe the wicks in the past days and weeks, the price is always resisting near resistance levels at $10,000. There will be a rally if the price managed to breakout but for me it is a major resistance so the bitcoin will have a hard time to break it. The daily volume is still in daily average but if we see a unique and massive volume then it can be a sign that there is now a transitioning in terms of trend. |
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Whenever I hear the word "safe" in trading, it always makes me cringe because for me there is no perfect strategy that you can use in order to guarantee you to not experienced losses. The cryptocurrencies are too volatile and you should remember that trading is a game of possibilities so there are always chances that you can loss in every trade it is up to you if you will gonna increase your winning rate.
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In other words, Covid19 has affected all spheres of human activity related to social interaction. Here we have two ways. The first is a vaccine that may or may not be effective enough. Second get sick.
The more people get sick with this virus, the more likely it is to develop antibodies and the body's response to it. Therefore, all the problems associated with Covid can be called temporary in one way or another.
The virus has a fairly low mortality rate, the only question is that the health care systems of most countries cannot cope with the influx of patients.
Those people who recovered from the coronavirus developed antibodies in their body but there are some cases where the recovered person got infected again. The health care system is one of the reason why there are a lot of people that are dying. Right now, every hospitals not only in my country but in all over the world have full capacity because the infected person because of the covid are keep rising. |
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I trade altcoins but not all of them so basically I have confidence to trade selected coins. There are people who asking me how I pick altcoins that I will trade? It is simple by validating the trend first and checking the market capitalization and the daily volume. I usually trade altcoins that are belong in top 50 market capitalization in the coinmarketcap.com because those coins can be considered as reliable and not part of those shitcoins in different market exchanges.
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I do not know why they are traders who keep depositing in an exchange that can be considered as shit exchange because of the low volume and low number of traders. Most of the exchange that have low market capitalization have many issues especially when it comes to exchange where sometimes you can never withdraw your money or sometimes it take too long like weeks or even months. If we will pick exchange make sure it is part of the top 10 exchange when it comes to market capitalization.
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The threat from Central bank digital currencies (CBDCs) are not that it would be faster and cheaper than Bitcoin, but rather that it would get the full support of the governments. We currently have some freedom to use Bitcoin as a Commodity in many countries, because the governments allow it and commodities are regulated. What happens if the Banks collude with governments to ban Bitcoin and to support their fiat based token.  Remember it is all about control and manipulation for governments and they already control the Banks and they manipulate fiat currency values via the Reserve Banks. Governments also hate cash, because it is difficult to track and trace fiat transactions with cash, so they will boost technologies that they can control and then give them a full transaction history of every token used... from the time that it was created/mined.  Before, the Central bank digital currencies see the cryptocurrencies as threat but their perspective is now different. Because they know that the cash may lose its value whenever people start patronizing and adopting cryptocurrencies. They are now aware on the technology that the cryptocurrency can bring, right now we experience poor transaction and payment system and for sure Banks will not collude with government to ban it but maybe the banks will be the reason to see that the mass adoption will happen, |
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within three years it means 2020 is still covered in his prediction and 2020 isnt over yet. dont judge the guy too early , what if price jumps this year ? mcafee is going to be the one that will laugh on us and we are the ones that will eat our junk .
if ever btc fail to increase that much , id still forgive him due to the corona issue that strike this year because if not corona the price could succesfully pump now .
Well, looking upon the market graph and the possible events that happen this 2020, it is quite impossible for bitcoin to reach 500k dollars as it is too high. Thus, to conclude, bitcoin cannot achieve the prediction this 2020, that doesn't stop us to hope and expect good market price in the future years, but make sure that we aren't just waiting because the key to achieve these prices will be upon us, as the demand is always the reason why certain asset increases its price. It is really impossible and what he said and promise is a lie, he justified that he will not suck his d*ck if the price did not reached $500K per each, his reason that it is just a metaphor after all. We should no believe on someone prediction if their prediction is too high where it can considered as impossible. There are people who say that anything can happen to price but still we should always managed our expectation in order to be prepare on what will happen in present time. |
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The funny thing is that we will always have speculators in the space with unrealistic expectations for Bitcoin's price. Just before the halving in May, It was heavily speculated that bitcoin would be worth at least 2x of the last all time high price. I saw predictions of bitcoin reaching as high as $50k in May. Those are the kind of speculation that made a lot of people not to sell at $20K and caught the knife in the end. At the end of the day, Bitcoin's price will eventually grow in due time.
@OP, nice title. It caught my attention immediately I got on the board.
Yeah it is so funny because they make their selves dumb because they are giving speculation that very unrealistic because they do not use enough data that they can rely on. They are just creating hype within their selves that makes them dumb whenever they execute their trades. We should know how to identify trends and of course how to identify support and resistance. We should not base our decision just because someone say that the price of the bitcoin will go up in this current year. |
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it's always a great idea to trade by yourself, relying on signal is not a great idea as you can't learn anything by doing that. regardless of the result of your trade, you can learn something when you trade based on your choice instead of other people.
It can be a good idea because you will be having all the control but the requirement for getting ready to trade by ourselves must be very big. That is the reason not all the people are going for trading themselves. I mean when you are good at technical analysis and fundamental analysis then you can go for trading yourself. Otherwise it is always good to go for hiring highly professional trader to take care of your capital. There are a lot of professional trader for offering such services for some fees. But, the outcome is always questionable because only you can trade for your capital more carefully and all others may not care to get you consistent profits. I think the real reason why there are traders who are dependable on bots or in signals is because they are too lazy to learn technical and fundamental analysis. So basically they want to trade in easy way where they will not study and research about this analysis. Many traders fall for it because of they think that trading is quick rich scheme where if they rely on opinions and trading bots, they think that they can make profit from it but all of them are wrong and all of them keep incurring losses. |
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It is so sad because the U.S is the only country in the world who see that the facemasks are scam and it is bad for their health. It is the main reason why the deaths in the U.S reached 146,00 + and counting. Their citizens are most likely dumb because they cannot follow rules that the government implemented. The total cases there is now 4 Million and it keep increasing and the people out there see that the face masks are scam and ineffective. There are now a lot of researches around the world about how face masks can prevent us to have virus.
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Full time trading is possible but it is not easy and only few traders are constantly earning in volatile market. For those who want to be a full time trader, that task is so difficult especially in the beginning where you are not yet used to the volatility of the market. I do trading but not full time because there are still things that I needed to do but I plan to do full time trading in the next 6 months because my goal today is to earn experience and to polish my skills in trading.
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All of us do not want to fail for sure but failure and mistakes are inevitable, many traders and investors are becoming helpless whenever they fail or whenever they did a mistake and for me it is wrong move because it distorts your perception of your abilities. In order for us to handle and overcome the mistakes in trading the first thing that we should do is to understand our self, we should know why we did such a mistakes. The next is to do action with determination, the mistakes will only repeat again if there is no action that we will do. Then the last is we should have strong belief in our inner self that you can do it. If you will think negative, for sure you will reap negative. If we think that we will become successful then it is good because success is something that we attract.
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