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Showing 20 of 1,238 results by sammyp
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Board Bitcoin Discussion
Re: Are small BTC transactions essentially “Wasted”?
by
sammyp
on 13/03/2021, 06:28:23 UTC
Well, if you are for instance paying for goods or services worth such a small amount then there is cause for alarm from either your end or the service provider’s end. The problem for me is when you are buying $1 worth of bitcoin and you have to absorb the cost (fee) involved.
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Topic
Board Bitcoin Discussion
Re: I quit smoking and buy Bitcoin every week
by
sammyp
on 12/03/2021, 07:58:05 UTC
This is very impressive, I believe that you are not just investing in bitcoin which is of of course a great adventure to undertake but you are equally increasing your days on earth. Per the kind of health implications from smoking, it would be good if every smoker could stop. I admire your attitude.
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Board Bitcoin Discussion
Re: Does BITCOIN make a person's life better !?
by
sammyp
on 12/03/2021, 03:15:50 UTC
Quote from: 1083ivangod on March 08, 2021, 01:27:43 PM
If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.
Until you find yourself in the shoes of that person who can not provide a single meal a day you may continue to pretend that you do not know the value of money to the individual. If you asked me, life is not just about being able to sleep and wake, it’s amore about enjoying every moment that comes along. But how do you enjoy without wealth? Bitcoin is wealth and those who possess a bit of it have been testifying and will always continue to testify about its goodness.
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Topic
Board Economics
Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and...
by
sammyp
on 12/03/2021, 03:04:32 UTC
In as much as I do not like the idea of tax, I understand from the leaders of my country that these taxes are used for developing the country. Whether married or not, you will need quality water, good roads, health care centers among many others. How does government provide all these if we do not pay tax. Again what will be the essence of my so much money if I do not procreate? Why would one want to live and die alone with family?
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Board Trading Discussion
Re: Trading without experience and knowledge
by
sammyp
on 11/03/2021, 13:46:24 UTC
It is a free market for all, once you have access to the market you can trade with or without experience. Its just unfortunate and very correlational that the end results are usually suicidal.
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Topic
Board Speculation (Altcoins)
Re: LAST BNB LISTING TODAY ....POND.... your opinion at 0.16 USD and 77 MC
by
sammyp
on 11/03/2021, 09:02:03 UTC
Quote from: DaMut on March 09, 2021, 11:09:45 PM
Binance choices for listing is quite weird, is not it?
I mean that is true Pond is a good project for development and enhance DeFi network, but why now? if they really care about the development of DeFi network, they could list it last month or a few months ago when DeFi starts to boom or when they were actively making a partnership. unlike now, they do not really do much noise other than community call.
they are really out of the box when it comes to listing.
It could also be that negotiations for listing did not start now. Maybe this was the agreed time. It is also possible that something is being cooked behind the scenes. Lets give them some time to see the next move.
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Topic
Board Speculation (Altcoins)
Re: The next 100x-1000x coin?
by
sammyp
on 10/03/2021, 22:12:43 UTC
I also had the opportunity to follow it somewhere in 2018 and looking at the project in its entirety, I anticipate good results from it. Its definitely among the yet to explode projects but everyone should always do his own research before jumping in.
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Board Economics
Re: Food prices doubled this year
by
sammyp
on 10/03/2021, 07:35:57 UTC
Even our currency is very unstable against other dominant currencies so consumables are equally expected to be unstable. We here pretend to be developing a taste for our own products which we have the resources to produce. What surprises me is the fact that we still import common vegetables like tomatoes.
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Topic
Board Speculation (Altcoins)
Re: the future of JULD ...GEM OR HYPE ?
by
sammyp
on 07/03/2021, 12:23:52 UTC
Binance serves as a catalyst for the growth of many projects but with JULD already grown X100 fold, I do not know how much Binance will help it further. Maybe current price can be sustained if listed on Binance exchange.
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Topic
Board Tokens (Altcoins)
Re: ⚪️ [ANN] CARTESI | BINANCE | Smart Contracts Taken to the Next Level | Stake NOW
by
sammyp
on 07/03/2021, 09:32:12 UTC
Quote from: terciduk123 on February 24, 2021, 09:03:54 AM
I found an interesting article about the Cartesi staking program at stakingrewards.com
the reward given is quite large, if we enter 1000 CTSI for staking for 1 month, then we will get 142 CTSI or a range of 14% per month. for detailed information you can visit this link https://www.stakingrewards.com/earn/cartesi
What happened? It appears page does not exist anymore. Where else can I get access to this information? It seems to be a very good deal.
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Board Economics
Re: Covid-19, Lockdown and repercussions
by
sammyp
on 07/03/2021, 07:11:23 UTC
No lockdown, just a few restrictions with respect to burials and wedding ceremonies. The truth is that we live here as if nothing has happened. We have taken delivery of some vaccines but even before that, normal life activities were going on. It was either you stay at home and perish from hunger or risk contracting Covid19 whiles trying to find some consumables.
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Board Economics
Re: How do you define rich?
by
sammyp
on 06/03/2021, 20:11:18 UTC
Being rich means being able to provide one’s basic needs and still have enough to keep as back up. It also means having more assets than liabilities.
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Topic
Board Economics
Re: Can the world be without poverty
by
sammyp
on 06/03/2021, 18:01:29 UTC
Living standards can be improved but total eradication of poverty may never be possible. The rich have the power to make accessiblity of resources equal among all but would they ever do that?
No, they won’t because that will destroy the caste system we find ourselves in. The rich always need the poor in order to be richer.
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Board Trading Discussion
Re: Don't stay on with a wrong trade
by
sammyp
on 05/03/2021, 15:02:45 UTC
Quote from: palle11 on February 17, 2021, 01:05:20 PM
Some trades we take are in wrong direction but because we want to be hopeful that it will come back to profit, we allow it and it close against us. If we keep doing this, it is the exact opposite attitude of someone that wants to keep their initial capital.

There are steps you can take to reduce the loss before you lose every thing or it get to your stop loss and such is

1. Stop the trade: This is very good but difficult for many traders to do it but if you do that, you have potential loss that you have saved.

2. Use of stoploss all the time: This help your losses to be minimal.

3. Try to adjust your stoploss: You can do this if your trade is already in profit and you suspect that it is going back to your entry price, so you can take your stoploss to entry and all the order to run for profit or it stops at your entry.



Very fine and on point, easy to read and understand but the implementation or execution is the problem for most of us. Frankly speaking, I am very weak at closing a trade even when it’s very clear that it won’t come back to my favor. I’ve lost a lot due to this weakness.
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Topic
Board Trading Discussion
Re: Which exchange do you use???
by
sammyp
on 04/03/2021, 16:37:48 UTC
Binance, so simple and easy to use. Very friendly user interface. They have got chat groups which address issues confronted by users. It has obviously become the number one exchange for many in the crypto space. But I also do occasionally trade on other exchanges depending on the crypto asset I want to trade.
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Board Trading Discussion
Re: Data suggesting more than 95% traders are losing
by
sammyp
on 04/03/2021, 14:51:54 UTC
It is undoubtedly true that most traders have lost huge sums of money in the past few days. From my own experience, I lost so much due to the fact that I wanted to make so much within a short time and this resulted in my downfall. If the market is going to stay this way for the next few days then we will likely witness more losses.
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Board Trading Discussion
Re: How much would you say one could realistically make a month trading?
by
sammyp
on 03/03/2021, 20:10:23 UTC
The first question you should be asking is your level as a trader, a pro or otherwise. For the the amount you can make with $10000, it varies and from 0% to 100% of your capital if odds are on your side within the month.
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Board Announcements (Altcoins)
Re: [ANN]INNOVA - We strive for innovation and adoption! | Hybrid Tribus coin
by
sammyp
on 02/03/2021, 23:53:47 UTC
This is my first time coming across INNOVA but from its history, there is no doubt that there can be a repeat in terms of performance value wise. This is one of the coins to look out for when the market gets bullish again.
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Board Altcoin Discussion
Re: Amepay raised 84.6 million in their IEO
by
sammyp
on 28/02/2021, 20:36:50 UTC
This is obviously a great project and has a lot of potential. It’s the kind of project that gets people biting their fingers and regretting for not participating in the IEO. Congratulations to the holders.
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Board Altcoin Discussion
Re: Can Dogecoin reach 1$ soon?
by
sammyp
on 28/02/2021, 14:32:08 UTC
It is possible but will depend very well on Elon Musk's influence. As long as he is committed to seeing doge pegged at $1 and the community is in support by bagging more, doge can get to a dollar. It is true that it doesn’t render any service but once it assures any investor of profits everyone will like it.