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421  Bitcoin / Bitcoin Discussion / Re: Altcoins are down when BTC up, altcoins again down Even if BTC down. Why? on: June 15, 2019, 04:57:54 PM
Altcoins are down when BTC up, altcoins again down Even if BTC down. Why?
It depends on where people put their money, when there is big demand on bitcoin people are dumping their altcoin to earn bitcoin. Sometimes also, they dump both BTC and Altcoins to take USD, there are also times when BTC and Altcoins are in demands and the market is green.
422  Economy / Economics / Re: Does engaging with bitcoins put you at risk? on: June 15, 2019, 04:53:16 PM
Ofcourse, bitcoin is a business and any business you engage or put your money in is risky. If you wan`t to earn money or profit in bitcoin or any businesses there is always risk.
423  Economy / Exchanges / Re: Binance to block US customers on: June 15, 2019, 04:47:43 PM
US have the most numbers who uses bitcoin or cryptocurrency. Binance blocking US customers is a gamble and surely half or more than half of binance`s costumer are from US. There will be big effect on this move.
424  Economy / Trading Discussion / Re: What's your favorite trading style? on: June 15, 2019, 04:40:04 PM
I do day trading and long term trading. It is always depends on which crypto you invest your money, there crypto which is better to day trade and there are cryptos which is for hodl. Day trading is very profitable but stressful. You can do day trading if you have time, but, if you are a busy person, better do hodling.
425  Economy / Trading Discussion / Re: I need suggestion on: June 15, 2019, 04:33:57 PM
I am looking for some altcoins to invest, which is profitable in this situation. Theres lot of coins, so i am confused Where to invest. Thanks in advance 
Choose altcoin which belongs to the top 10 like ETH, TRX, BTC, etc.. though it does not matter which crypto you choose to invest in, what matters is your strategy and hard work. You must do your research to be able to decide and choose the best coin that suits you.
426  Bitcoin / Bitcoin Discussion / Re: What would happen if US government made Bitcoin illegal? on: June 15, 2019, 04:29:39 PM
Let's say tomorrow there's a US law that any US person who gets caught with bitcoin server goes automatically to jail for lifetime.
And the 2400 US bitcoin nodes would go offline.
What would happen to price?
What would happen to hash power?
How long would it take to recover?
Let's speculate!
If the US will make bitcoin illegal then obviously bitcoin`s price will get low, as we know US have the most users of bitcoin. You can`t expect that bitcoin  could recover easily if US people can`t use bitcoin maybe it would take 20 years or more.
427  Economy / Gambling discussion / Re: GAMBLING AND CHARITY on: June 14, 2019, 01:40:33 PM
The Best feeling ever was your sharing your blessings to others especially to the needy. Good thing that you really appreciate life and by that way you can think how bless you are while others is not. Having a good heart was the best we have surely God will bless us more. No matter what you do whether it comes from gambling as long as you give it with all your heart it’s really much more than anything. More winnings to you
428  Economy / Gambling discussion / Re: Play poker to train trading on: June 14, 2019, 01:35:34 PM
In my opinion trading and poker are very similar. Interface is the only difference. Rules are the same.
I know that part of you will disagree with me with my very first sentence by saying that poker is game of luck and trading is based on indicators, supports, TA, FA and many more. Well you know nothing about trading and poker then Smiley

Why poker is not game based only on luck if cards you get are totally random:

Yea. Cards you get are totally random. But how to explain that we have so many professional poker players that play poker for a living? Well the only thing that they differ form those who are loosing is money management and discipline during bidding.. Bidding is the first and only moment that determines if you will lose or earn in poker. That's the hardest part that needs experience. Why?
With infinity plays you will have every possible card set. Good once, bed once. Sometimes you will lose sometimes you will earn. Key is not to lose less times. That impossible. Key is to lose less money with bed cards than you win with good cards. That's where money management and discipline comes. In poker that's especially hard because you have to say good bye to your money even with quite good card without battle if bidding is going too far and calculated probability of winning is showing you red light to bet higher. But that's the hand that makes bed player go home with 0 and good players stay and fight again.

How about trading?

In trading, you also don't know your opponents "cards". You don't know who is on market (whale are buying or bunch of fomo noobs). If whale than how much money he has left, when will he dump. TA may show various of buy signals but on the other hand that's the best moment for whale to dump (best price and best volume when everyone is sure that price can go only in one direction - f.e after breaking resistance). Will he dump or not? Is support holding for so long because someone is buying at that point or maybe whale stops to sell to don't break it to don't cause panic selling?
How about Fundamental Analysis? That's where we may be even more cheated by insider trading. When news hit market price is very often pumped by whales who new before. NEWS from which you do FA may also be faked by coin team. Even team might be faked.
It means that trading is game of luck? No. That's where money management and discipline comes. Same as with poker. Key is not to lose less times. Key is to lose less money with every bad trade. To cut looses and say good bye to your money even with "quite good card". To learn to enter only those trades with high probability of winning (TA buy signals) combined with low risk (close to support where you could set stop loss). TA indicators are easy to learn in 1-5 days. Good trader is able to earn on market for a living after few years of experience because discipline and money managements takes so much time to master in trading. That's where poker comes in. You can train those skill playing poker where every bet takes minutes not hours/days. You can master those skills faster and even for free playing for unreal money.

Professional trader and poker player will say the same thing: -You lose the most when you are sure that you will win

This is very true. For me too they are the same, the same risky and the same hard. It really takes a lot of courage to play since we are all experienced losing there. For me, strategy in everything you do or in every aspect of your life will get you to your success.
429  Economy / Gambling discussion / Re: Can gambling turn an atheist to theist and superstitious? on: June 14, 2019, 01:31:56 PM
We all know gambling is random. We like to call it as "luck" as it sounds cute but it's like "choice of odds" in mathematics.

I'm an atheist and when I started to play, I had a fun experience despite of what I won or lose because I bet small amounts. Then I got addicted because of some big wins so I started to gamble much.

Even if I wanted to think that maybe my winning and losing isn't getting impacted by anything external, I believed otherwise. I believed my winning is the result of the color of the shirt and wearing, music I'm listening to, time of the day etc. Then when I lost big, I prayed to God to help me win/recover. I saw gambling as life and winning is heaven and losing is punishment from God.

Then slowly I stopped and the addiction got away a bit.

What's your opinion, do you believe in God/power that you think may help you win? I think gambling has the potential to turn an atheist into theist because of fear/risk it has. Smiley
Well, in my own opinion as I believe in God and his ability he can do it if he wants you to win but think about it gambling makes people worst it can turn them into something they never expected. God will never allowed a person abuse his own life because of gambling if He sees that you will become a worsted person in gambling then he will never allowed you to win but you will ended up lose to learn something.
430  Economy / Trading Discussion / Re: Chinese Crypto Trader Committed Suicide ( lesson for all crypto traders ) on: June 14, 2019, 05:37:28 AM
Hilarious, right? The first thing in the morning, the news appeared on my screen and I was like, "What? How?" Not until I've read the full article in this link and I've found out the real reason why he did that.

He actually lost 2,000 bitcoin, super duper big amount of money is involved here. Let's say the price of bitcoin now is $8,000 x 2,000 btc = $16,000,000 with a SHORT ENTRY AND HIGHEST LEVERAGE. He was liquidated because it immediately made a sideway.

Yi is a co-founder and CEO of market analysis crypto playform BTE. Well, I was not familiar with their company. His ex-partner revealed Yi's dead on June 5 which made some rumors that it is just an exit scam and fake his death to escape from his clients. We don't really know the truth behind it.

This is indeed a lesson for all crypto traders around the world. We just can't put an entry if we can't afford to lose. Yes, it is a huge amount. But that was just a money. I mean., we can not just die because of it. Life is beautiful and we have family and friends. The main reason we are living. We can just earn money, we can earn that $16,000,000 for lifetime. Lol.

But personally speaking, please crypto trader. I know we sometimes make an entry without thinking. But we can actually:

  • Set STOP LOSS
  • Enter SMALL LEVERAGE like 5x-10x only. UNDERSTAND how leveraged really works.
  • DO NOT BE GREEDY
  • Think of your family before you BET ALL in your capital
  • Even the best TECHNICAL ANALYSIS will be useless when whales or the market is not in your side

Crypto Traders. I am very disappointed and was disturbed with the news. Big part of me was devastated. Please be careful on our entry, my fellow margin traders.
It is really helpful when a trader is setting a goal, you must know when to stop from winning and from having loss. Money is very important but don`t let it consume you that it causes you to end your life. This news is really disturbing.
431  Economy / Economics / Re: Will 2019 take us to Moon or Mars? on: June 14, 2019, 05:30:48 AM
The only ones who can make cryptocurrency fly to the moon is the crypto community itself, we must not give up on bitcoin or cryptocurrency. I don`t think 2019 will be bullish if people are still hesitating on doing and giving their best on crypto.
432  Bitcoin / Bitcoin Discussion / Re: Beating down the U.S. Dollar on: June 14, 2019, 04:43:26 AM
Can BTC restructure a new financial order? Can BTC or another kind of cryptocurrency beat down the U.S. dollar? What's your opinion?
Maybe BTC or other cryptocurrency can beat U.S. dollar in it`s profitability, I mean you can use BTC or cryptocurrency as an asset to earn profit with trading, mining, etc.. But generally USD is hard to beat as long as American government is backing it.
433  Economy / Economics / Re: How do you describe the situations of the crypto market today? on: June 14, 2019, 04:38:07 AM
So far, it is better than these last few months. The market are more stable now and the dip somehow stopped. I hope the crypto market will experience bullish again soon, easier to trade and earn profit with a bullish market.
434  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DVM] DVMarketplace | The Future of Trading on: June 13, 2019, 11:56:47 PM
how many DVM tokens do I need to have so I can get profit dividends? what is the total supply of DVM tokens? And when was the bounty program for this project opened?
The total supply is 200 million tokens. Onlly 100 mln will be offered to the investors. First phase 40 mln. ICO till end of July. If the Softcap is reached starts 2nd phase 60 mln. IEO. Because Tron Europe support DVM. The holders of DVM tokens will receive free TERC.

This ann doesn't really look all too promising. Just posting a long graphic seems so easy that it is hard to believe that you can do complex stuff as well.
Sorry for my easy graphics but don't judge a Project just only because of my easy design. Thank you for the feedback   Grin  Have a good day mate  Smiley

This has sold 31 million DVM, what target will the softcap target?

Will this launch a bounty campaign?
40 mln for the softcap and if the softcap reach they will start 2nd phase 60 mln for IEO. As of now the team will have no bounty campaign.
435  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DVM] DVMarketplace | The Future of Trading on: June 13, 2019, 04:09:29 PM
how many DVM tokens do I need to have so I can get profit dividends? what is the total supply of DVM tokens? And when was the bounty program for this project opened?
The total supply is 200 million tokens. Onlly 100 mln will be offered to the investors. First phase 40 mln. ICO till end of July. If the Softcap is reached starts 2nd phase 60 mln. IEO. Because Tron Europe support DVM. The holders of DVM tokens will receive free TERC.

This ann doesn't really look all too promising. Just posting a long graphic seems so easy that it is hard to believe that you can do complex stuff as well.
Sorry for my easy graphics but don't judge a Project just only because of my easy design. Thank you for the feedback   Grin  Have a good day mate  Smiley
436  Bitcoin / Bitcoin Discussion / Re: Bitcoin Adoption In Your Country on: June 13, 2019, 04:02:43 PM
So far, bitcoin is not yet known by most of the people in our country and bitcoin`s adoption is too slow. Many people in our country think that bitcoin is not legit. I hope bitcoin`s value will be known to many so that they will also benefit from it, specially in my country.
437  Economy / Economics / Re: Bitcoin Coin on: June 13, 2019, 03:54:21 PM



What if bitcoin as cryptocurrency didnt work? Do you think this kind of currency would be better?

A dream of having a single currency to be used worldwide is what bitcoin is made to. A currency that doesnt need to be converted into different local currencies with different values. If crypto fails, this idea can be better. If we can produce a coin that doesnt need to be converted and can be acceptable worldwide then its like crypto and fiat fusion. What is the odds?

- Who country will produce this?
Since we have worldwide organizations, it can be decided that way. Maybe China since they are just against crypto and maybe they want it more. They are the most capable of production anyway.

- On what value it will be based on?
I dont know much about this one but if im correct, it will be also based on worldwide economic aspects. Since it has only one value worldwide.

- Isnt it effective since the value of money is different on all the countries?
I guess so. Economically speaking, it will take years of research for this kind of project to succeed. There are a hundreds of things that should be considered. If all nations will be equal, then i dont think there's a problem in this.

What do you think?
Wow that is a good design. I don`t think bitcoin as a coin will work, I mean a single coin will be worth $10,000? It will be easy to loose it or got stolen. Also, they must use gold to make the coin if it will worth $10,000 which will really impossible to happen.
438  Economy / Economics / Re: Do you need cash for everyday use? on: June 13, 2019, 03:45:50 PM
In my country where technology is not that high, we use cash for everyday use. Many people on our country does not yet adopt on using Cards, Online Wallets, etc.. We really use cash as the main medium of transactions.
439  Bitcoin / Bitcoin Discussion / Re: Verification of identity compulsory on transactions over $1000 on: June 13, 2019, 03:37:42 PM
$1000 Is too low I think. But even though they mandate something like that, people will always find ways. Cryptocurrency is decentralized so, people can use crypto to get away with $1000 without following what is mandated.
440  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DVM] DVMarketplace | The Future of Trading on: June 13, 2019, 12:52:59 PM
I have been watching projects from Tron Europe for a long time.  I bought DVM tokens in long.  While the project is like, I will follow the development.  Good luck to the project and the team.
Thank you for your support, the team really appreciate it. Stay tuned in telegram channel for more updates.
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