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A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.Yes, because newbies nowadays prefer to start trading even without enough knowledge about it. Experienced traders highly recommend that beginners should not rush into trading. It's important to gain knowledge and experience to make a profit. Some suggest trying demo trading which is similar to real trading, but you don't have to use your own money.
That's the exact opposite scenario with my friend. He never asked me before investing in Shib. He came across a video on social media that gave him some reasons to invest as much as possible in Shib. He got influenced by it and decided to buy $300 worth of the memecoin. Initially, he made some profit and kept holding the coin without informing anyone, even me. However, after a few days, the value of his investment dropped to $50. He panicked and sold his holdings out of fear of losing all his money. It was only after he sold that he told me that he bought a memecoin.
found out later in 2021 that my sister bought Shib when a friend told her that this is the next Bitcoin. the exact amount you said $100 for this memecoin. i only knew when she had to ask whether to keep it or sell. and so i told her to dump them while the price is high. she managed to profited just about 1200%.
if she didn't asked me. she would have kept them because she thinks its already the next BTC which price could go more than $1. just imagine it that you have 50B of SHIB and its worth is $1. a newbie will be waiting forever.
In short, tungkol lang din talaga ito sa kompitensya ng mga local exchange laban sa Binance. Talagang matatawag na unfair yun dahil dumaan ang local exchange sa tamang proseso at nagpasa ng mga kailangang papeles, samantalang ang Binance ay malayang nakakapag takda ng kanilang operasyon dito sa bansa. Negosyo nga naman, talagang lahat ng kalaban ay pipilitin nilang alisin, lahat ng pwedeng paraan o butas na makita nila, gagamitin nila.Iniisip ko sa bandang huli, pera pa rim talaga yan kaya naghigpit itong si SEC. Ayaw lang din siguro nila itolerate non licensed si Binance dahil may mga licensed local crypto exchanges tayo dito at mahal ang licensing ng mga yan. Kumbaga sa basketball at liga, may protesta at unfair nga naman sa kanila kung hahayaan lang ng SEC. Kung kaya dapat ay dadaan din sa tama at legal na proseso si Binance. Antayin nalang matin kung may magandang balita soon.Yes, recent nga lang nag-open yung Binance Thailand.kumusta update nyo sa balitang ito mga master posible kayang hindi ito matutuloy sana nga magawan ng paraan da best pa naman sakin ang binanceParang tuloy na tuloy pa rin kasi wala pa ring balita kung ano na yung usad na ginagawa ni Binance. Ang lumabas ay sa Thailand sila nagpursue at pwede na nilang gawing HQ yun kung dito sa SouthEast Asia na operations nila ang pagbabasehan. Pero antay parin tayo baka sakali sa mismong buwan ng February baka magkaroon ng magandang balita.
Meron siguro activities behind the scenes pero wala pang public updates. Lipat muna mga Binance users sa local CEX habang inaasikaso nila license. Nagmamatigas din ang SEC pero hindi naman siguro lifetime yang ban na yan.
That's true, the Indian government just made an advance move and didn't wait for any dispute to happen before they took action with the unregistered exchanges. It's better to protect the citizen as early as possible. If those CEXs don't want to lose some of their users, they will act immediately by registering their exchange in the said country.This move is more beneficial to local CEXs but it can still be helpful to the citizens. In case of dispute/complaint, customers has an easier way of going after an exchange if it's licensed locally.~I don't understand what govt protecting its citizens from. I don't think these exchanges are harming citizens of India. in fact by blocking these apps and platforms Govt harming people themselves.
I think the move is right we're also doing it in our country in our case it is Binance, the Indian Financial Intelligence just wants to protect their citizen, and Apple and Google take sides with the government of India which is the right thing to do.
These exchanges that illegally operate in India are not compliant, are not paying their dues, and do not have licenses so if ever there are scam reports India cannot revoke or make the exchanges answerable on the charges because they are illegal.
If there is no other way to convert cryptocurrency to cash, it would be acceptable to add a small fee. This is preferable rather than having restrictions on cryptocurrency usage in their country.a lot of peopl are making livings out of crypto, trading in various exchanges and in other ways. by blocking them govt simply stole their ways of earning money and making a living.The earning opportunity is not entirely gone since they still have licensed local CEX like WazirX. More fees are going to take away some of their trading profits though.
is there any good alternative to these exchanges in India to replace them? I don't think so.
Which casino platform is most popular with you and which casino do you prefer to bet at?I mostly use Stake for my gambling activities. I first found out about it through the other forum and social media where many gamblers were posting videos of their wins using the website. Since then, I have been using it without any problems and they offer a great variety of games to choose from.
Only admin has an access to karma logs, so only he can see who, whom and for what.How will the admin know that there's an abuse in using karma? Does the admin review every karma, positive or negative in the karma logs? It is a lot of work. The admin deserves respect for their tireless efforts. It also seems that he does not know the word sleep.
Karma abuse is a violation, so yes, karma abusers get penalties. It happens not so often, but there were such cases in the past. If found, all incorrect karma will be deleted and abuser will be punished.
I am newcomer and very interested about bitcoin. I need a wallet before I am purchase some bitcoin. What is the best and most secure bitcoin wallet?You have two options for storing your cryptocurrency. You can purchase a hardware wallet, or if you don't want to spend money, you can use either an Electrum wallet or a Trust wallet. These are trusted wallets that are recommended for new users. I have personally used both of these wallets and found them to be reliable.
Your suggestion is very important to me
If you are in his situation, are you going to risk your rent fee to have a chance of making more money?Taking the risk of gambling with the money that should be used for paying rent is not a wise decision. Although it's possible to multiply the money through gambling, the risk of losing the money is equally high. Personally, I would not choose to do the same as he did. Although he was lucky enough to have more opportunities to recover his losses, it's not always the case. Losing a significant amount of money can lead to more problems than one can handle. It's important to consider the potential consequences of such actions.
Yes, maybe that's the case. The definition for him of a good investor maybe if you are loyal to the investment. You have to watch it for a long time to be defined as a good investor but it is an incorrect point of view. An investor has the choice of what investment they will make and when they plan to invest. Besides, it's their money to begin with.I don't understand what you mean when you said they don't qualify to be called investorsI think she's trying to say a they aren't good investor, anybody who invest either short-term or long-term is an investor and he/she is entitled to benefits enjoyed by the long term investor, besides some of them might even make more profit than those holding depending on their market analysis overview and entry point . Thus they are still bad investors because in BTC we deal with future occurrence in term of investment and the best way to stay in profit is to hold for a longer period of time
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