Quote from: Dr.Bitcoin_Strange on April 14, 2024, 11:55:06 PM

Trading is not a get rich quick scheme. Trading can even be a get poorer scheme for any body who doesn't have the knowledge of trading and just jump straight up into trading. Even those who have years of experience in trading usually experience losses and sometimes their loss is usually significant. So, if experienced traders can face losses, that means newbies will even loss more than those who more experienced than them. Trading is not something that anyone should forcefully rush into without first learning how to trade.

I think trading should be considered as a course, just like other programming courses that we have. It certainly requires a step-by-step approach to mastering all the fundamentals that might be necessary. Due to greed and ignorance, newcomers choose to skip these fundamentals, or sometimes take a few lessons before jumping into it. They fail to realize that the activities of the market are far beyond their level, which would certainly put their investment at risk. There are other ways to make money, for which trading should not be an option for those with less interest. If someone happens to have interest, then he/she needs to follow the right path by learning what's needed.

I believe there are online and offline basic and intermediate trading courses that aids beginners and traders to study and master the art of trading. Trading is an art and have tools and materials that helps you master the art but the problem is that most beginners come into the trading industry with a very big misconception of what trading is all about and then they fail to first acquire the necessary information and knowledge required, and they end up gambling with their finance and when they incur losses, they leave with the impression that crypto trading is scam.

Re: What's the best NFT utility you've ever seen?

The ability of these NFTs to give you income during 2021 is what I see as the best utility of NFT, but we know that it's long gone already... or I should say that you can still earn some bucks through playing using your NFTs, but for me it's not worth the time you spend for the amount of money that you're getting unless you're playing for entertainment only then it's a different thing.

Right now, I don't see any utilities of NFTs right now other than it being used as a requirement for a holder to gain tokens of a specific project. I can't think of anything, but there's already some projects that I saw where in order for you to be eligible for that airdrop, you need to hold a specific NFT on a specific time frame. Overall, I find this useless but overall, NFTs aren't that popular anymore. Nothing or only few communities are talking about it anymore. I guess it's just good that NFTs are still existing, or many investors are still investing in these NFT-related projects despite of it's hype being gone already.

No thanks, I don't want to be having all these miners next to my dam. That'll just mean more power outages. And the government is already rationing power between districts, so I think it is a very dumb idea to make electricity even more scarce by giving it to the miners.

Although in fairness there have not been so many outages recently probably because it's raining so much here, but just wait for the rain to stop and then it will be back to outages as normal.

Wrong


.............


and I don't believe you live in Ethiopia

Или вы пашете круглый год в одной фазе и методе)?

Именно так, круглый год в одной фазе, методы и способы слегка меняются - что-то старое отпадает, что-то новое появляется, но оно все не радикально происходит - плавно.

Sixty crypto organizations are backing a market structure bill that is teed up for a vote next week.

The signers urged House lawmakers to pass the bill in a letter led by the Crypto Council for Innovation and sent to House Speaker Mike Johnson and House Minority Leader Hakeem Jeffries on Thursday. FIT21 would raise "new compliance challenges" for crypto firms, but clear rules are needed, the groups said.

"Currently, digital assets firms are instructed to somehow comply with U.S. securities laws that were designed nearly 100 years ago without consideration of the technological advances of today, including the ability for transactions to move at the speed of the internet," they said in the letter.

Get more details on this important news here: https://www.theblock.co/post/295148/60-crypto-firms-pitch-support-for-large-market-structure-bill-ahead-of-next-weeks-vote



The cryptocurrency industry in United States needs more clarity and leadership coming from the regulatory bodies of the government and so I am a little bit excited with the the Republican-led Financial Innovation and Technology for the 21st Century Act, also known as FIT21. I am hoping that this bill can be creating the more light on the compliance all players of the industry must be following. And since this is coming from the Republicans, I am more confident that is is more crypto friendly and not designed to choke the industry to death. I am just concerned on what can happen once this can be seeing the face of Elizabeth Warren in the Senate...hope this will not be watered down and transformed into a monster instead.