Forex Cryptocurrency General Chit Chat Thread 2019

[Mr. Wood]

BITO first day closed at 41.98 this morning 8am Singapore time.

Moomoo/tigerbroker SG both got available.. which broker you use? FSMone or local banks?

td ameritrade

 

[Mr. Wood]

free education. no nid pay rubbish trading course sellers.

 

[Mr. Wood]

Thailand Lays Groundwork for Crypto Tourism to Revive Industry
November 28, 2021

The Tourism Authority of Thailand is working with the nation’s regulators and a local cryptocurrency exchange to pave the way for the acceptance of digital tokens for travel, according to its Governor Yuthasak Supasorn.

 

[Mr. Wood]

https://www.bangkokpost.com/business/2233975/airlines-hope-to-renew-demand-with-crypto-bet18 DEC 2021

 

[Mr. Wood]

https://finance.yahoo.com/news/experts-predict-crypto-market-look-200008492.htmlDecember 21, 2021

The Bottom Line
Crypto is an exciting, explosive, speculative area of the market, and its future can’t be predicted with any certainty. Compared with the stock market, which is based on more predictable cash flows and earnings trends and still can’t be forecast with any degree of comfort, the crypto market is still the Wild West.

Yet, in many ways, predictions and beliefs in the crypto market can manifest into reality. Bitcoin was made up out of thin air by a still-unknown founder, yet it is now accepted as legal tender by at least one country (El Salvador) and is being accepted as payment by a growing number of merchants.

Dogecoin, which was literally created as a joke, now has a market cap of $22 billion, and the crypto market as a whole broke the $3 trillion market cap level in November.

So, whatever you believe about crypto in general, there’s no denying that the asset class is gaining in both size and popularity, trends that seem likely to continue into 2022.

 

[Mr. Wood]

https://www.investopedia.com/articles/forex/042315/beware-these-five-bitcoin-scams.asp

What are some claims that may be warning signs of a potential crypto scam?​

According to the Federal Trade Commission, look for tall claims like these to help spot companies and people to avoid -

• A guarantee that you'll make money: don't believe such promises as they indicate a scam, even if there's a celebrity endorsement or testimonials, since these can be easily faked.
• Big payouts with guaranteed returns: "Guaranteed" returns are a big red flag.
• Free money: Whether in cash or cryptocurrency, free money promises are always fake.
• Big claims without details or explanations: Be very skeptical about such claims.

 

[Nofear40]

Hi, does anyone know why the message “market not accepting orders” message keeps popping up when using Gemini

 

[Mr. Wood]

Hi, does anyone know why the message “market not accepting orders” message keeps popping up when using Gemini

alwys happen to u or only few times? last time i ask customer service, it seems their server cannot handle too many ppl buy at same time.

 

[Nofear40]

alwys happen to u or only few times? last time i ask customer service, it seems their server cannot handle too many ppl buy at same time.

Always happen… but I just started

 

[Mr. Wood]

Always happen… but I just started

if still cannot, send email to customer service new year greeting fk them why so long still cannot .

 

[Mr. Wood]

https://register.gotowebinar.com/register/7575974184064567819
juz go learn can alrdy. but dun buy their courses. philip got some scums come out frm there one.

 

[Mr. Wood]

https://www.cityindex.com.sg/trading-academy/introduction-to-financial-markets/webinars/
2022 Annual Market Outlook Webinar
Tuesday, 11th January, 16:00 SGT

Including:

•​ A catch up on significant recent price action •​ The themes and trends you need to watch in 2022 •​ Key technical levels for indices, FX and commodities

We’ll end the session with a live Q&A, where you can ask Fiona any questions you have about what to expect in 2022. Register now and we’ll send you a reminder email before the webinar begins.

 

[Trader11]

Rest In Peace cryptos

 

[iwtebm]

Hi like to know more on how to trade cryptocurrencies too... am new to this! Any recommendations to some good reliable platforms with low transactional fees??

Is it really worth while to buy in? Alot of my colleagues are buying in but i just feel this whole crypto stuff seems so risky... some coins are just scams, anytime the person who started the coin can just shut it down and run off, maybe even the popular ones like bitcoin etc...

 

[Mr. Wood]

Hi like to know more on how to trade cryptocurrencies too... am new to this! Any recommendations to some good reliable platforms with low transactional fees??

Is it really worth while to buy in? Alot of my colleagues are buying in but i just feel this whole crypto stuff seems so risky... some coins are just scams, anytime the person who started the coin can just shut it down and run off, maybe even the popular ones like bitcoin etc...

https://blog.seedly.sg/crypto-exchange-comparison/13 Dec 2021

personally i using gemini becoz no nid to create separate xfer acct. not the cheapest. but i think main coins are inside. if u wan to set up gemini i gib u referral code

but some other users faced probs with gemini
https://forums.hardwarezone.com.sg/threads/how-to-convert-usd-to-sgd-in-gemini.6629431/

u hav to see yrself whether u wan to trade crypto and not juz follow whoever is trading. if u afraid they run road, u can alwys choose an exchange regulated by MAS and 2) after buy straight away transfer to cold wallet. some ppl dun transfer to cold wallet becoz they can earn yield in the platform.

 

[Mr. Wood]

think of it dis way, econs 101. evything is demand and supply. to me picasso art, gucci bags are rubbish. i will not even pay $10 to buy gucci bag. maybe suddenly 1 day evy1 stops to believe in bitcoin, they realised there is no use for bitcoin den maybe it will crash to 0.

 

[sansanjikikut]

Unfortunately the odds of that happenings is almost nil now haha with institutional adoptions

 

[Mr. Wood]

https://www.investing.com/analysis/cryptocurrency-bull-market-is-far-from-over-200614943Jan 17, 2022

With inflation at the highest level in four decades, cryptocurrency values will likely find bottoms and resume their upward trajectory.

 

[Mr. Wood]

1. The 37th JMMC Meeting is scheduled to take place on Wednesday, 2 February 2022, at 13:00 (CET) via videoconference.

2. On the same day, 2 February 2022, the 25thh OPEC and non-OPEC Ministerial

Meeting is slated to convene at 14:00 (CET) via videoconference.

 

[Mr. Wood]