We all know this has been going on for years but it is pretty shocking to see the enormous difference in these numbers. It is also hard to comprehend that most concentrated part of the wealth is hold bye a small club of men. How do you think this is devided with Bitcoin we can all just see the top richest wallets in Bitcoin, but do you think Bitcoin is more fair devided then the current money system? What would be the most fair way of dividing a cryptocurrency so the whole world is actually part of it and gets wealth?
The divide between the rich and the poor is not anymore shocking to me. That has had been going on since time immemorial and in our modern world the same thing has been affecting many people. When you have the money, you have the resources that you can use to produce more money and without it then you can be condemned to a hand-to-mouth existence, if not no-food situation. The more money you have, the more money you can make and the same is true on the reverse. Now, with this reality on the backdrop, can Bitcoin do something about it? The answer is a big no as Bitcoin is not an anti-poverty measure, asset or a platform. In fact, I think the same thing is happening with Bitcoin, only a few people or entities control the majority of the coins, though the most important thing is that we have the opportunity to buy one if we have the money. You can distribute all of cryptocurrencies to the poor but at the end of the day it will never be making a big impact. Education is the key, as the primary source of empowerment of the people so they can start to stand on their own feet. There should be balance in terms of socioeconomic status. The balance is that I'm saying is about the numbers of poor, middle class and rich. Not everyone should be rich, not everyone should be poor and not everyone should be in the middle class. The balance is like a pyramid where the upper part is the rich people where the percentage is only small, the next part is the middle class where the percentage is in average and the lower part of the triangle are the poor where the number is too many. Rich people are in the top of the ladder because they know how the market works. Unlike the middle class and the poor do not understand how market works. Poor and middle class are working for money while the rich people are focusing on how money works for them. |
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I have bitcoin wallet apps and alert apps. I have bitcoin in my mobile wallet but my funds are only small because most of my funds is in hardware wallet for security reasons. The most common apps for alerts is the blockfolio and I know that many traders are using it. I also use exchange application, most of the trusted and reputable exchange have now this kind of features. I do not just recommend the users who installing not popular exchange because there is a risks that it can be a scam.
There are mobile application that have platforms about rrading charts. But in terms of analyzation of charts, I do not have any mobile application because the platform that I using is only applicable through website. There are feautures that only available through websites and that is the reason why I prefer to just use the website platform.
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Victims of those fake gambling sites are keep increasing. We should be aware that there are gambling sites that are not legit, identifying is one of the hardest tasks for those newbies who want to gamble their money. Before I put my money in specific gambling sites, I searched first the feedbacks of the users. I'm a type of gambler who want to use convenient platform where the problems are only minimal or nothing at all. Having a good support is also a factor because they are the one who maintain the relationship between the customers.
There are only few reputable and trusted gambling sites and it should be our focus. I do not prefer to put a money in a new gambling sites because the risks are too high where we cannot know if our money is safe. If we want to multiply our money in gambling, we shoukd focus first in its safety where we can guarantee that the gambling sites that we are using is legit and reputable.
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Some economies are now depending in blockchain technology, like what happene in Venezuela where they experienced hyper inflation because of the corruption in their government. Their currency have no value anymore that is why millions of their citizens fled into other countries. The blockchain technology is important for those economy experiencing crisis.
Cryptocurrencies have now important role in our society, there will be no disapperances that will happen because many institutions are now starting to adopt it due to its functions and advantages.
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There are real gurus and there are also fake gurus in the internet, we can learn from them but make sure that the lessons are real where we can use it in real life situation. We should be careful on gettng information from the traders who are self proclaimed successful trader. We are prone to losses if we will follow their trading tips and decisions.
Being a newbie is tough position because we do not know when we will get ideas and information in order to protect ourselves. Trading is not simply as we think, we need to allocate most of time in studying and researching for us to get knowledge that we can use to protect our funds.
I'm a self taught in trading, I keep researching everyday to enhance my technical analysis skills that I can use to imrpove my execution and also my strategies. It is a misconception that we can learn trading in just short period of time. I've been trading for years and there are still information that I need to know.
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I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debit card product)
I as a crypto user who does not use crypto for daily activities. It can be said that I rarely use crypto for real world transactions, because in our country we only allow the use of fiat. I only use BTC for trading. Maybe it would be very fun if in my country allow the use of Bitcoin for buying and selling transactions in the real world. At least in our country we still allow crypto trading activities, without special rules. There are still countries that are not favor in bitcoin and that is why it is illegal to use for them but I live in a country that legalized bitcoin. Even the bitcoin is freely to use, there are still a lot of challenges that should be resolve like the awareness that progresses very slowly. I cannot still buy the things that I desire because of the businesses that are still not willing to accept the new payment system. If there will be an increased in awareness, the adoption will grow and many businesses will see a new opportunity to have netter payment system. People are often using bitcoin in speculating and in trading. There are only few persons out there that spending their bitcoins in order to buy the things that they need and want. |
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Commitment and passion is what we need, most of the traders want to become successful trader but they do not have commitment and passion. Trading is not something that we can learn in a short period of time, trading is a process and we should expect that it will really take a time for us to become a profitable trader. Passion is something that we should have, it make us to seek more information to enhance our skills and to improve what we are currently know. Commitment is also a matter because some people are just seeing trading as boring but for me, analyzing is what I really love. If we have better mindset, it can boost our psychology in order to make better decision.
I'm a trader in both cryptocurrency and stock market, my goal is different from others because it is about consistently earning within a year and not to become a millionaire. There are people who want to become trader because they want to become a millionaire, that kind of mindset are prone into losses. I also treat my failure as opportunity to grow. People are sseing failure as the end of their career but the thing is failure can make us better trader. There will be no improvement if we fail.
We cannot become succesful trader if we are not doing what we love, I'm passionately in terms of trading and it boost my economic engine and that is why I love trading. We can become better in a task if we love what we are doing.
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Dice game is for those who says they only play gambling for fun, and poker are for those people who makes gambling as their profession. Online casinos are now causing a hype for gamblers, especially to newbies, because there is a lot of games (easy ones) but addictive that could cause entertainment or the other way around, since DICE is the easiest game to play, and there is a lot of newbies also in gambling, that is why I came to a conclusion that it is the most played game in the gambling industry online.
Agreed, I only play dice game because it is more easier for me, since I did not play too much in casinos or online casinos, I only play that when I want to have fun , even I am not bored, I just wanna have fun, it also helps my mind to think faster and thing effectively on what should I be doing for the next round of games. This is only my thing, and my favorite. Dice games are easy to play because of the mechanics, I often play dice games before becayse you will just pick between roll over or roll under but there is a risks because we cannot know what will be the outcome. Most of the gambling sites have dice game because gamblers are interested to it. I stopped playing it because I found out that my winning rate is very low but loss is not matter for me, I just found out that it is boring. Maybe next time, I will play dice games again. |
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Username: KnightElite
Post Count: 1248
BTC Address (must be SegWit): bc1qncgmcml0mkgfqqr4dthayy6ggdtuhm9ymwj8h9
Opportunities are not seen with our eyes, they are seen with our mind. I decided to participate in order to not miss this kind of opportunity.
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Economics is my favorite subject, I became interested to it because I love analyzing charts. Supply and demand are my favorite topic. Actually, the first market that I encountered is financial market which is the stock market. I became a stock trader first before I entered in cryptocurrency. I have prior knowledge in trading and that is why I manage to identify and handle it very well.
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Think twice before doing anything whatever you do for the future purpose, Since we are considering this cryptocurrency will be the key for the future monetary world so this could be one of the main concern of the people but when you see the reality then you couldn't see like, whatever the case is Bitcoin and cryptocurrency will play the vital role of monetary world, in the course of time people will get realized about this fact, so it's high time to hold cryptocurrency or Bitcoin for the future purpose, it will bring certainly a handsome amount of money in the future.
Critical thinking can help us to make wise decision, thinking the outcome of our decision is important in order for us to know if we will benefited or it will cause harm for us. I do not speculate because I know that the outcome is not good for me, speculation can sometimes make us greedy because of the unrealistic profit that we keep thinking. I only hold a cryptocurrencies when the trend is uptrend because I'm a trend follower. |
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There is time for your endurance to be checked in the trading as there are periods when the coin is not increasing but decreasing. But the good thing about that is that you have to commit to your target price and don't cancel what you've already planned, because if you still follow it, the success will be yours, just like what happens to the trader who invests when the crypto started, most of them are millionaires and some of them are billionaires. Keep until your price reaches, and don't be impatient to get a huge win.
But sometimes even if we have patience or endurance we will still fail in trading. Our expectation is not always in our side and that is why there is no guarantee that we are always going to win in trading. Before I trade a coin, I always make sure that I have bias where my trading setups are applicable, if I do not see a strategy that I can use in a specific coin then I will search for another coin that is suitable to my skills. |
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My grandmother used to say that if you were born poor, it is not your fault, but if you die one, it is your fault. I honestly don't believe in it at first, but I understand it better now when I grow up. We are the ones who control our circumstances, yes there will be ups and downs in life, but then we can do something to improve our lives. You don't have to be super rich. But you can make your life better and give your family and loved ones a happier and more comfortable life.
That is popular saying, even if we born poor; there are still opportunities out there that can build our wealth. For those who still young like me, we should acquire assets that can generate income. If we will acquire.liabilities and not asset then we will stuck in this kind of life where we are working for money. We should learn how money will work for us. It is not easy but it is possible by improving our knowledge. |
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In our country, I'm always interested in betting on lotto. Although the winning percentage is low, I still try to bet, and no matter what happens, I still feel lucky in myself. When my money I've invested gets bigger over time, I still have a desire to win lottery because the reward of lotto isn't a joke. The award can give you almost everything you want, particularly most of your life needs and desires. That's why there are still many people in the lottery placing a bet.
The most popular lotto in my country is 6/58. It is always blockbuster because of its huge rewards, it is legal because the government of my country controls it. Even though it has a huge prices that can reach million of dollars, it is still not worth it to join because of the low probability of winning. A popular saying in my country about the lotto is " it is more possible to struck ng lightning than winning in lotto". I recently searched the probability of winning in lotto and it is only 0.00000247%. That probability is too small and it is really a miracle for those who winning in lotto. |
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You said you already have some good coins that you know are likely to increase in price if you should invest in them for long term, in about six months to one year, so I would suggest that you start with long term trading. There has been a lot of speculation that Bitcoin price will increase after the halving.
People are saying this because after the last two halving there was increase, so they are believing that same thing is likely to repeat itself and I have seen some people do some serious technical analysis to prove this. And another reason you should start with long term is because it’s easier than the other ones you have mentioned.
But it is just speculations and we are not sure if the price will really increase after the halving. For those newbies, your focus should first to understand the price action. Strategies won't work if you still do not know how to read price and trends. It is really important to understand the market first in order for us to have high winning rate ahen are trading. Long term trading is also more preferable than short term trasing for those newbies. |
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Kapag natalo ka sa trading, move on at wag manatili dun sa pagkatalo mo. Wag emosyonal. Kapag trader ka, hindi maiiwasan na may araw na talagang talo ka. Normal lang naman yun kaya no big deal at wag malugmok dahil dyan. Sino nga bang trader ang hindi nakaranas ng pagkatalo?
Nung kasagsagan ng pump nung 2017 masarap magtrade, halos lahat expert kasi maganda ang market. Nung pababa na ang market pati magaling na traders talunan din. Kaya chill lang normal yun.
Ito ang mostly nagiging problem being emotional at minsan nagiging greedy sa trading. Nakaearn kana ng profit pero minsan antay ka pa tumaas ng presyo ang isang coin na hawak mo. Once na okay na profit mo take it at buy nalang ulit pag bumaba ang presyo ng isang coin. Aralin maigi ang isang coin bago maginvest at basa basa din ng update sa project nila minsan kasi nahuhuli tayo sa update at hindi natin nabenta agad ang isang coin nung tumaas ang presyo nito. Pero once na natalo tayo tama ka kabayan move on and the next time alam na natin ang dapat natin gawin ika nga learn from our mistake. Paper profit ying tawag sa kita natin kapag hinde pa natin binebenta yung position natin, minsan kapag may paper profit na tayo ay hinde natin ginagrab yung opportunity ns yun kasi yung greed natin sinasabi sa sarili natin na baka tumaas pa. Eto yung pinaka madalas na dahilsn kung bakit natatalo ang karamihan sa trading. Nagpapakaain sila sa kanilang desires, hinde nila to ma kontrol na nag bubunga ng losses. |
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In my view, being able to control the feelings we have is the best advice for all traders. Because we often bring feelings when dealing as traders. For starters, because market prices are suddenly falling, our emotions are beginning to be affected, we are panicking, and we can't think calm and clear. Because of panic, we sell all the coins immediately and experience a substantial loss, even if emotions can be controlled. We're not going to sell all of a sudden, we're going to learn the business first. The price often decreases, the price may not go up again unexpectedly. Essentially, if we can regulate our feelings, we don't have to suffer losses.
This will be the first thing that a trader must have do, to control feelings over everything. As trader, we all know that we sometimes lose money especially when we dont hit the target, or we dont monitor our coin and suddenly the price of it dumps. We need a lot of patience and also, we need to manage our losses so that it would not happen again. Accept losses it wi be good for every trader. Controlling our emotions and feelings while we are trading is all about psychology. It is the most important factor when we are trading, even if we know how to analyze and read charts it will all go nothing if we have improper psychology. We should focus on improvement of our psychology if we want to control our emotions in order to follow our trading plan and of course to become discipline trader. |
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I think this is possible as long as both camps agreed with whatever deal is on the table. I also think that this fight will be more interesting than McGregor - Mayweather fight. Pacquiao is a boxer and a fine one, on the other hand Conor is a complet mix martial art artist. Conor can defeat anyone in his world but defeating a fine boxer which is not conors cup of tea is not going to last long.
I think we will see the same result like we have seen against money Mayweather. If this box really see a reality then my horse will be Pacquiao.
I think it is early to tell the result. Conor have hands that can fight back. As long as this fight is not rigged, there is always a possibility that the unexpected will happen. For me it is impossible, manny is a type of boxer who want to fight a challenger that have previous good matches in boxing matches. Even though they respected each other, Manny will only agreed to potential challenger and also Mc Gregor will be back at MMA again. He is gaining weight now because he want to fight in heavy weight division and it makes sense that the match between Manny and Mc Gregor is almost impossible. |
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Make purchases of bitcoin when you have enough capital and without sacrificing finance that you think is very personal and important, if you are not enough to buy large amounts of bitcoin, make purchases in stages and take advantage when bitcoin prices are still low and affordable for you to make purchases and don't push yourself beyond your means.
although bitcoin is the right choice for you to invest but you also have to anticipate the risk, do it casually because bitcoin has no purchase limit and whenever you can do it as long as you have enough capital.
It's better to have a much broader ideas before you jumped into any investment. Bitcoin is good but anticipating the fluctuation is really tough a lots of considerations to assess and the risk is very high. Volatility can also be a good companion when you are well aware with what you are investing with. Take time to study and understand the market both bear and bull sentiments. If you will ask many people if you should now buy bitcoin, most of their answers will be yes. It really depends on tge situation, if the market is still in bearish, I do not prefer to buy bitcoin but the current situation of the bitcoin is now in the market reversal where we are now seeing highers highs and lower high which is a good sign that we are now in an uptrend. The best time to buy bitcoin is in the beginning of the bullish trend. |
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After this fight even Fury loss as long as the loss is not so devastating(I hope), AJ and Fury would still be an exciting fight, however, it's not as exciting as Wilder vs AJ as we could potentially see a knock out on this fight, I predict coming from Wilder of course. I thought Anthony Joshua and Deontay Wilder would be a great boxing match before the Andy Ruiz fight but not anymore and we know how he won the rematch against Ruiz and to expect Anthony Joshua to knock out Deontay Wilder is a fantasy as he does have a good chin and he even took some good shots from Luis Ortiz and did not go down and if he can take shots from Ortiz then he can probably take from Joshua too and i am expecting Wilder to knock Joshua out silly  . Tyson Fury and Anthony Joshua will be a great fight to see the baddest boxer in UK and it will be a successful PPV fight. The numerous knockouts of Wilder proving that he is ruling the heavyweight world in boxing. If the rematch is on, my chicken will be Wilder; I'll bet on his side because there is a high chance that the history will repeat itself. It is obvious that wilder has a lot of odds in terms of skill and power. They are both arrogant but the important thing is only one of them who can become champion again. |
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