Bitcoin Forum
April 24, 2024, 09:29:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 ... 90 »
281  Alternate cryptocurrencies / Altcoin Discussion / Re: Never invest in any cryptocurrencies! on: July 23, 2020, 12:06:47 AM
Getting crypto by doing something like doing a task and or other jobs and services I think that is the best way for you to get crypto with the skills they have and also, if they only expect to get rich quick then of course that is the way it will be difficult to achieve, but if they aim to get rich by working hard through a long process then I don't think it's wrong in that way because the most important thing is to appreciate a process and there is no quick profit and no quick way to get rich because success requires a process.

I agree with you that irrespective of the way you go about it there's time and effort that one must put in to get the reward either this being 'too fast' i.e. making money quick, or not. The difference between some people and their success is the 'doing' and taking risks and not just saying for the sake of it which what some people on here seem to be. There's also the element of extreme luck but that's nothing you can do about.
The mentality is a factor, we should think differently. Many people here in the cryptocurrency market want to be rich in just short period of time and it is the problem, we should think long term success and it requires patience and hardwork. We should also used to take many risks as possible because it is important for us to grow as a investors and traders. If we will play safe, our dream is in danger because most of people nowadays are playing safe and avoiding to take so much risks.
282  Economy / Economics / Re: Business / private sector is dead on: July 22, 2020, 06:12:31 AM
The government and business owners won't let that thing happen and even we're seeing that globally are affected by this market recession and increase of business shutdown causing thousands or millions of people out from their job but this not to consider that the economy is dying already. In fact, some countries are already resuming their business transaction applying the new normal.

We have to survive and we need to fight against this. Businesses will die if we let it so. So, at this moment that cashless payment is surging, this is a great chance for the online marketing strategy to work well and this is pushing businesses to offer the same otherwise, they will die.
I think there is a misunderstanding here, of course the business owners do not want to die there business and they will do anything in order for them to operate again but the thing is, the chain in many economy breaks and it is the reason why many businesses stop operating and some of them will permanently closed because of the damage that the pandemic brought to them. It is sad especially for those small business that only have 1 source of income which is the business that they let go because of the pandemic.
283  Economy / Gambling discussion / Re: Record Revenue for Blockchain Gaming Company During Pandemic on: July 22, 2020, 04:36:04 AM
Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown.
...

First of all, I strongly recommend to quote the copied text from the CoinTelegraph article or you likely get banned (if not yet happened) for plagarism.

Secondly, to take up the subject, it is the figures of only one crypto gambling provider. I would not transfer the good figures of one provider to all blockchain gambling providers, because it could also be individual factors (besides COVID-19) that provided the boost. But in general, it should come as no surprise that such providers benefit from the situation. Millions of people are at home bored. Many of them (as in the USA) even receive extra high unemployment benefits, which many have invested in the stock market or in gambling. The question will be whether the good figures will remain after the lockdown period ended.

It would surely change  because majority of those people will surely comeback into physical places but im not saying that all would comeback unless if there would be quite number of gamblers would decide
to stick on doing online even if this pandemic is over.

You are right that numbers will vary on individual basis because we cant really give generalization just because we have seen it on a single or few do increase its traffic and revenue due to pandemic.

It is true that  this situation did really fire up online gambling industry because people are prohibited to go outside  and its just normal to think off that they would surely play via online.
If the pandemic will end for sure that the revenue of the online gambling website and online casinos will decrease, the reason why it goes up very high because many traditional casinos are still close but the good thing is some of them are now reopening again where they have a lot of welcome offers and rewards. For those professional gamblers, for sure they are now excited to play again in real casinos than in online casinos.
284  Other / Politics & Society / Re: Coronavirus + Prisons on: July 22, 2020, 03:30:52 AM
Actually there is a hot issues in my country because there are high profile inmates that dies in maximum security prison in my country where the infamous inmates resides. There is really fishy for many people especially for netizens because we are sure that they break. It is like the next season of Prison break because for sure they manage to escape the maximum security compound. It is just a conspiracy but for me they really not die because they have power and influence in many people due to their past job which is a "drug lord"

https://newsinfo.inquirer.net/1309104/covid-19-kills-9-high-profile-inmates
285  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The next 10x altcoins ?..... on: July 22, 2020, 02:13:46 AM
I do not speculate or predict altcoins that will increase 10x in a just a short period of time like what happen in 2017. For me it is a bad mentality because I do not think like that, before I do but I incurred huge losses because I keep finding coin that I think it's price will become 10x or more but I did not find it and it is the reason why I now keep relying on technical analysis.

Because of the Technical analysis, I can profit in the market in just short period of time but I have proper risk management that I keep using in order for me to lessen the risk and maximize my returns.
286  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH to hold now or not? on: July 22, 2020, 01:07:55 AM
If you are not used to scalp it then I prefer if you will hold it for now, the price structure of the ETH is now good because it is now near in the resistance level at $250 where there is a possibility that it can break through but there is also a possibility that it will resist. If the price resist expect that there will be a bounce that will happen. The relative strength index of the ETH is also pointing up that can indicates good sign.
287  Economy / Trading Discussion / Re: Best Exchange for day trade? on: July 22, 2020, 12:04:45 AM
I would say the best way to make it into something is not the exchange but how good you are. You can pick the greatest exchange in the history of the world, you can build the most amazing exchange that ever can be and even in that situation you could still not make a single cent if you are not good at it at all.

If you are however a great trader that means you could make a profit in the worst of exchanges that is about to exit scam right after you withdraw. So, that is the thing, there is obviously a difference between exchanges and you could definitely have a difference and that is just what we could have a difference but not something huge, so there is really no point on focusing with the exchange part, which could help but mainly focus on the fact that you need to be a good trader.
Exchange is a factor but I want you to say that you are right because what really matters are our skills and not exchange that we are using. Think about it, what if we choose the best exchange out there but our skill is not good where we can easily panic because of the weak hand. Exchange is a factor when it comes to leveraging, Binance is good because they have futures where a trader can leverage more than 100x.
288  Other / Archival / Re: . on: July 21, 2020, 10:55:06 PM
12 for me. thank you!
289  Other / Politics & Society / Re: Do you feel safe going outside? on: July 21, 2020, 10:15:43 AM
I have heard that once you are affected by covid 19 and survive it (remain alive) then your immunity system will not let you affect by the virus again ?

How true is that ?

It's completely true. It's basic biology. You get infected by a pathogen, your body builds up immunity through antibody production which recognizes virus particles and destroys them. The only case of someone getting "reinfected" by COVID-19 is if they had the disease once and get infected by a mutated form. Your body will repeat the cycle again producing antibodies against the mutated form.

But did you hear about the news in South Korea in April 2020? T''''''''hey said that those patients who recovered can still become positive again after having a negative result in a tests.

It is still not safe to go outside even if you are a Covid-19 survivor, because there is still a risk that you can infect other people. But in the article, they said that maybe it is a technical error during a test. After a recovery, dead virus fragments can still be there inside a Covid-19 survivor's body and it can reactivate. It can really make us anxious about our surroundings so it is still risky to go outside, so as soon as possible, stay at home for the sake of everyone.

Source: https://www.businessinsider.com/coronavirus-south-korean-reactivated-cases-not-reinfected-experts-2020-4
It is really not safe to go outside anymore especially in my community because for sure there are now many asymptomatic carrier of the virus that is wandering around. I think it is the reason why I only spend most of time in my house because I'm a afraid that I can become carrier of the virus and infect my relatives and my family.

I also saw that news where a certain survivor of the covid-19 got infected again. I thought that they will be immune anymore because there are now antibodies that they get from surviving.
290  Other / Politics & Society / Re: Black Crimes Matter on: July 21, 2020, 05:56:20 AM
It is really a racist to say that blacks are bad because most of them are really good persons where they aim to help. There is a balance in their community but the thing is they keep experiencing racism not only in the U.S but in all over the world. I think it is because in its our society and the idea of racism about blacks passed down through generation to generation. The good thing is the racism is not severe anymore like before but there is a racism and it will took more years for the white people to accept that blacks are good and they are important in our society.
291  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not be fooled on: July 21, 2020, 04:28:36 AM
It would be your own will and free choice if you would just easily believe of here says of other people with regards to the current status of the whole cryptocurrency itself. You have your own mind and perspective on what is really happening on the market so let yourself decide for what is the best for your cryptocurrencies since you own it by yourself. It is not a foolishness if you would sell some of your coins for the benefit of sustaining your needs specially when it concerns your health. Foolishness is when you just keep on holding knowing that you do not have any more money to spend but you are still eager to hold. It is not bad to be eager on holding but still keep yourself up since you will not be able to use it if ever something worse happen to you like you gonna die because you just keep yourself wasted on thinking to hold more than what you can afford. Crypto holding is important manner specially at this pandemic that others are taking advantage of the break where price can be affordable to purchase but still health is a wealth that is in need to be taken care of. Also, the market that is directly affected by the virus is the stock market which is on fiat so if ever you have something on crypto, you do not have to worry about it. The declination with crypto was just merely affected at the start of pandemic but so far, it is doing so good.
We have different goals and perspective after all, many people see it as a disaster and they are now selling their positions but there are people see this as opportunity to buy more bitcoin that they can hold. I'm a day trader so I do not hold my bitcoins, I use its volatility for me to earn money in just period of time. What happened to the cryptocurrency market is just a market cycle and I think it is normal.
292  Economy / Trading Discussion / Re: Trading is based on probability. on: July 21, 2020, 02:12:25 AM
I don't necessarily agree with you that it is all probability, there are clearly events that influence and the market, and there are frequently repeating patterns that can be used to your advantage.

You could definitely beat the odds with knowledge while trading, which is definitely not possible if it was all based on odds. Remember, more than half of retail traders lose money, while experts can win in nearly any market—that doesn't sound like it's probabilistic to me.
And the said events could be said to number to be close to infinite. Not to mention the undisclosed news that only those select circles can get their information from. Sure, we can try to trade based on the info we have, but that pretty much results in again probability. Do experts win in any market? Nah, They are able to reduce their losses to the minimum at any market. No one wins always you know.

It's basically how there's only two events when trading, winning or losing. A 50/50 chance, but that doesn't necessarily mean that losing is bad, there are various types of losses, ranging from controlled losses to total loss. Experts don't always win and can always control their losses because they know that the chances are always 50/50, it's rather easy to know when you're going to lose and not. And it's not like the more you lose the higher your chances of winning are next time, the odds always reset, whether it be every second, minute or hour.
50-50 chance is not always the probability in the trading; you can increase the winning percentage through practicing what is perfect and through backtesting. There are high probability setups and it can be 80-20 and 90-10 probability but there is no 100% winning probability because losses are inevitable in the market. It is actually funny when I saw a post that saying how to trade safely. Sorry mate but trading is risky it is up to you on how you will handle it very well.
293  Alternate cryptocurrencies / Altcoin Discussion / Re: Technical analysis won't help you find the next 100x on: July 21, 2020, 01:02:57 AM
The goal of the TA is to have an idea or predict on when or where the price will go and not to find the next altcoin that will bubble. I think there is a misunderstanding because many people do not see the importance of the TA. For those investor and trader, technical analysis is important because it can give us raw data that we can use in order to handle the risks in the market.
294  Economy / Trading Discussion / Re: Trading Lesson: Stop loss Strategies on: July 21, 2020, 12:01:19 AM
It is why we need to prepare ourselves before trading by learning many lessons related to treading. We can not blame the coins because we don't know which coins that will be the way for us to make a profit. Only with learning about how to analyze the coin, we will find the coin to trade. And if somehow, we can not find that coin, we need to break for a while and don't trade because that can make us get lose by choosing the wrong coin.
Moreover, all the coins are same from the perspective view of technical analysis. It means even you will be choosing a wrong coin, you can manage to get out of it without losing much or without losing anything. I mean you need to be versatile in your skills required for perfect trading. In my experience, as long as a coin is listed on exchange, it can be worth to try trading it to make some profits. Only for long-term holding, you must need to check all the fundamentals of that coin so that you will not get into any shitcoins.

I do not mean here that you can make profits from any coin; but I mean even you get with a pump and dump coin but if you're having technical support then you can manage to make profits from it regardless of that coin is not worth anything and could be classified as shit/wrong coin.
Not all of coins are the same and it is important to understand the DNA of the cryptocurrency that you want to trade. Are you aware about "history repeat itself"? It is true that the term history repeat itself is happening in trading and it is the reason why we should identify what kind if DNA has the charts. Picking a specific coin is a skill and it is not easy because sometimes you need a screener to do it. I do not pick a coin that have low market capitalization because most of them are shitcoins and even though you have proper risk management there, for sure you will still incur losses if you will trade a shitcoin.
295  Economy / Speculation / Re: Are we headed for 250k btc in 12-18 months? on: July 20, 2020, 06:16:52 AM
That is pure speculation, every traders or investor can also do like that. Imagine if we will believe on what he said, for sure we will incur huge losses because we rely our decision on other people. It is better to do technical analysis than to speculate on what will happen to the price. $250k per each bitcoin is really impossible in this current time. Why do I say so? Right now the price of the bitcoin is now having a hard time to surpass it's current resistance at $10,000. It is a simple logic so we should not believe even if the person who speculate is influential or popular.
296  Economy / Speculation / Re: Is Bitcoin Looking Bullish now? on: July 20, 2020, 05:10:56 AM
Actually there is no sign of bullishness in the chart right now, as you can see the price is consolidating inside the support and resistance range but the longer the consolidation the better, I think will take a lot of weeks or even months before we see if the price will continue to go up or it will breakdown in its current support. We should now have a plan especially if we want to buy bitcoins.
297  Other / Politics & Society / Re: Don't buy facemasks for the coronavirus! on: July 20, 2020, 04:07:01 AM
It is sad to see that there are a lot of people who are not believing to what face masks can do, I also saw a video posted by NowThis where a lot of people in the United States doesn't believe that face mask are effective. I think it is the main reason why their country is the no.1 in terms of having infected person and also in terms of death related cases. It is better to wear face masks than to weak oxygen later in hospital. Our lives are matter and if we want to not get infected with other infected person, be sure that we are wearing face masks.
298  Bitcoin / Bitcoin Discussion / Re: Philippines SEC warns against crypto investment. on: July 20, 2020, 03:01:03 AM
I think Philippine SEC just warn people to be careful when joining investment project because of those scam projects they mentioned.

It's better than let the people being blinded to continuously support this kind of scheme, there are many reported cases
that's why it's time for the government to state their sentiments regarding to
this scamming business.

But i think it will not affect to the cryptocurrency in the country and also the people in the Philippines will still use crypto and invest on it for sure.

It won't affect crypto as it's pointing to the ponzi types business and not diretly to crypto. If you are into trades or investment
which is not realted to any scheme where you can get percentage per day
or a double in a short period of time.
You are safe to go if you fully understand how crypto works, no need to worry about this warning.
The government are simply warns the nation to be observant and careful to avoid involvement on any scams because people nowadays are too thirsty to earn money on just a shortest period of time and many of them are very easy to be encouraged to join on investments that's why it serves as an opportunity for the scammers.
What the government did is good because they understand that many of their citizens will become a victims of this shitty investment. The scam projects nowadays are continue to increase and grow and it is not only in the Philippines but all over the world. It is sad because many people see cryptocurrencies as scam because it has now a bad image created by those scammers and hackers.

If we want to not get scammed, be sure that we know what we are getting into. We should also change our mentality and avoid having a quick rich mentality mindset because it is really dangerous.
299  Bitcoin / Bitcoin Discussion / Re: Buying food or groceries with Bitcoin on: July 20, 2020, 01:27:54 AM
Buying food or groceries with cryptocurrencies weren't preferred by most of the people. Due to the pandemic prevailing around the globe there is increase in the use of cashless transaction. This has somehow encouraged the usage of bitcoin and few top listed altcoins on purchase of groceries, and now the acceptance level on groceries and store products were very limited. Maybe the future will get to see more stores accepting bitcoin.

One of the reason of slow adaption of bitcoins at the groceries store is the slow transaction time of the bitcoins. Sometime bitcoin tx takes more than 20-20 mins for a single confirmation and consider that you went to a grocery store, send the payment through bitcoins and standing in the counter for the tx to confirm. This is not a practical approach.
Transaction is a factor because there is delay sometimes but it is not the major reason why many merchants are still not preferred to accept bitcoin as mode of payment. In groceries, customers want faster payment system and I think it is the reason why they now prefer to use digital currencies. The volatility of the bitcoin is the main factor why store owners are still doesn't want to accept bitcoin in their system because they understand the risk and how will price affect their business.
300  Alternate cryptocurrencies / Altcoin Discussion / Re: should i invest to this project ? on: July 20, 2020, 12:13:24 AM
A lot of people are asking about specific project in order for them to know if it is legit or not but that kind of question is risky why do I say so? What if you ask someone to invest in a project that he also do not know and he said that it is worth even though it is not. Of course the person who asks will be hype and he will put money on that project. What if the project fails? Of course the person who put money there will regret his decision. It is still good if we are the one who will decide and not ask about the decision of others.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 ... 90 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!