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Mandoy01

The Importance of Reading the Cryptotalk Guidelines

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Yes you are right some newbies posting without reading rules after account banned complaining cryptotalk banned my account without any reason so don't brake rules

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Yes, of course, reading the rules for the forum and anything is very important because it is possible to ban you and you do not know why or what you did wrong, and also reading the rules is an important thing in order to earn some money on the one hand and also to start learning more things in the encrypted conversation Thank you

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 Reading cryptotalk guildlibes are very important because it helps a lot in such a way that when you read the guidelines it help you to know what is the do and non do 

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Reading guidelines in this forum makes a member avoid violation and getting warning points. It helps us to walk in the right path and obeying rules and guidelines also giving respect to the forum.

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If you do not read the rules you will always  find yourself in hard times as you wouldn't  be able to find why you have been given  warning point and when  you can be banned.

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Being as the member of the crypto talk we have to follow different guidelines to stay in this forum and there so many guidelines that it can take upto 1 day to read all the guidelines but I would suggest you to read all the guidelines because if you don't follow them you will get warning points then more warning points will lead you to the banned from this forum.

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On 2/1/2020 at 5:55 PM, Mandoy01 said:

Hi guys, I will make a post again since I have noticed that many newbies are not reading the instructions and guidelines in this forum thus they have so many questions and having troubles.

 

I do request and suggest to all newbie users to visit the "About Forum" Section and read some articles about the important guidelines at this site. Also on every topic sections please do read the topic section instructions to guide you in your posting.

 

Others would complain why are their posts keep getting deleted and some are banned. They are confused as to what happen  because they failed to read the guidelines properly.

 

I hope this post gives you an idea of how important to know and read the guidelines and instructions in this forum. Happy posting!

Yes thank you so much for your advice it's very important for newbies to read the main guidelines of the forum as it is beneficial for them they can understand the real meaning of this platform and they learn many things by following them .This will help them  to be safe from the mistakes.

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Reading and understanding deeply the rules and regulations will help us to know what do we have to do. This will also helps us to prevent the possibility of deletion or worst banning of account if you do something inappropriate.

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Having to read and study the rules and regulations of the cryptotalk forum is important to prevent us from any mistakes, violation or ban, cryptotalk forum has very straight forward guidelines which if any members abide by it will succeed in this forum, and be master to teach and share the knowledge acquired in this forum, in life is give and take.

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There are tons of users in this forum who doesn't pay attention on the topics listed at About Forum section. We can see that there are numerous posts that are not useful and it shows that they don't want to contribute. I hope everyone can make sometime on reading the topics in about forum because they are very important if they don't want to encounter problems in their stay here.

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Yes, you are right my friend. Before start working on this forum you have to read the guidelines and rules and regulations of the forum. I have seen many of the new member that make the posts of 100 sentences instead of 100 alphabet. If the new member read these tips and rules of the forum they will be successful to get earning and reputation on this forum. 

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of course is very very important to read the cryptotalk guidelines to avoid many things like to be banned and your post to be continued, so is very important to respect the rules of this fourm and condition of youbit..

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Always spend some time for readying rules And regulations in every platform you got into, spend 5 to 10 min in reading so that you get and idea about forum so that you will not get into trouble.

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Yes rules and regulation in important. Trem and condition is important. If we make serious mistake then we ban without any warning. So follow the and make usefull post. Avoid from copy to other but yiu can follow to other for taking information. Read other post and gain information and knowledge which keep help in posting. 

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This is what happens the new comers do not pay heed to the official pages and topics to learn but they just ask here in the topics to get the information, they are lazy people.

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You are absolutely right mate. Many beginners start posting without reading and understanding the guidelines. As a result they end up posting unusual and useless contents. Many of the members get banned without even knowing the reason because they never read the guidelines.

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Not only in this forum. What ever we want to do in our life, we need to have an understanding about it dos and don't, when we fail to read guide lines, then when we start falling into problems.

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Friend, you are right. In order to work here, first, you have to understand the roles of this forum well, then it is very important to work here.So I would say read their rules carefully to work honestly here then work. Their rules are very honest and apply to everyone.

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Reading is the fundamental principle of gaining knowledge. And if your student aside that in any field you are you must do reading because It enhances your mental abilities .makes you body sound. But as our concern is to this forum reading helps us to answer well to any topic. 

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its no meaning to open account in cryptotalk without reading guideline. this forum has some importance guideline for commenting and posting. so everyone should read cryptotalk guideline.

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Yes I think we all should have read all the instructions given in the about of this forum. Because in this way we can better utilizes this platform. We can also correct our mistakes. And if we follow them rightly then we will not be warn through this platform. So I think we all new commers better understand the rules and instructions and then start our job.

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As a newbies, it is important to read and understand the cryptotalk forum guidelines, carefully examine the rules and regulations to avoid any mistakes, don't copy and paste, plagiarism is prohibited, your comment should be useful, relevant to the members, make sure you post information patterning tocryptocurrencies and everything that will bring progress of this forum.

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I did not read the rules, but I realized that many people are talking about our reading the forms, you are more experienced and experienced than us. so I'm going to read the rules.

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Really thank you. Every member of this forum has to know these instructions and instructions because knowing them is necessary, otherwise you will not be able to work properly

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The publication of the Fed's Monetary Policy Report on the same day will also attract considerable interest.   GBP/USD: What Will the Bank of England Decide on 20 June?   In autumn 2023, the BoE concluded that its monetary policy should remain tight for a prolonged period until inflation confidently stabilises at the target level of 2.0%. Based on this, despite a decrease in price pressure, at its meeting on 8 May, the Bank of England's Monetary Policy Committee (MPC) decided by a majority vote (seven to two) to keep the key interest rate at the previous level of 5.25%. (Two MPC members voted for a reduction to 5.0%).   According to the country's Office for National Statistics (ONS), since November 2022, the Consumer Price Index (CPI) has fallen from 11.1% to 2.3% – the lowest level since July 2021. 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Some slowdown was shown by the PMI for the services sector – from 55.0 to 52.9, and the composite PMI – from 54.1 to 53.0. However, despite this, all these indicators remain above the 50.0 mark, separating growth from a slowdown in activity.   Certain concerns are raised by the UK labour market. Statistics published in early June showed a spike in jobless claims – by 50.4K in May after 8.4K the previous month. This is the largest monthly increase since the first COVID lockdowns. Before the pandemic, the last such spike was during the 2009 recession. Moreover, the unemployment rate for the February-April 2024 period rose to 4.4%. Of course, historically, this is a low level, but it is the highest in three years.    The next Bank of England meeting will be held on Thursday, 20 June. Analysts generally forecast that the interest rate will remain unchanged at 5.25%. This forecast is supported by the slowdown in inflation decline rates. Additionally, there is a significant increase in UK wages (+6.0%), which could push prices up. This, in turn, reduces the likelihood of the British central bank transitioning to a softer monetary policy in the near future. The start of QE may be delayed until September or later.   The BoE's tight monetary policy creates prerequisites for future demand for the pound. Meanwhile, last week, GBP/USD was driven by overseas data. On US inflation data, it broke through the upper boundary of the 1.2700-1.2800 channel and rose to 1.2860, then, following the FOMC meeting results, it fell and broke through the lower boundary, dropping to 1.2656. The week ended at 1.2686.   The median forecast of analysts for the near term is somewhat similar to the forecast for the previous pair. In this case, 50% of specialists voted for dollar strengthening, 25% for a northern trajectory, and 25% remained neutral. As for technical analysis on D1, the picture is also mixed. Trend indicators are evenly split 50:50 between red and green. Among oscillators, 60% point south (a quarter signal oversold), 20% look north, and the remaining 20% remain neutral. In case of further pair decline, support levels and zones are 1.2575-1.2600, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of pair growth, resistance will be encountered at 1.2760, 1.2800-1.2820, 1.2865-1.2900.   Besides the mentioned Bank of England meeting on 20 June, including its interest rate decision and subsequent press conference, it is necessary to note Wednesday, 19 June, when fresh consumer inflation (CPI) data for the UK will be released. Friday, 21 June, also promises to be interesting. On this day, retail sales volumes and preliminary business activity (PMI) indicators in various sectors of the UK's economy will be known.   USD/JPY: BoJ Changed Nothing but Promised Changes in the Future   Unlike the Bank of England, the Bank of Japan (BoJ) meeting has already taken place, and its results were announced last Friday, 14 June. The yen's weakness in recent months has negatively impacted Asian currencies. In March, the central bank made its first move – raising the rate for the first time since 2007 (since 2016, it had kept it at a negative level of -0.1%). The regulator also abandoned the targeting of 10-year government bond yields. Investors closely watched the Japanese central bank for hints on whether it would further unwind monetary stimulus.   But for now, the BoJ decided not to change its accommodative monetary policy, maintaining the current pace of bond purchases at around 6 trillion yen ($38 billion) per month. However, it promised to present a plan for their gradual reduction at the next meeting in July. "We decided to subsequently reduce the volume of our purchases [within one to two years] to ensure more free formation of long-term interest rates in financial markets," the central bank statement said. At the same time, the regulator announced that it would gather market participants' opinions before making a specific decision.   The deposit rate for commercial banks was also left unchanged – officials unanimously voted to keep it in the range of 0.0%-0.1%, as expected. From this, experts once again concluded that the BoJ would not rush to tighten its quantitative easing (QT) monetary policy.   The French bank Societe Generale believes that given the pressure from the government due to the weak yen, the most likely scenario will be a reduction in bond purchases starting in August, with their purchases decreasing every three months and reaching zero by November 2025. Additionally, according to Societe Generale economists, the BoJ may raise the discount rate in September this year.   Of course, USD/JPY could not ignore such events of the past week as the US CPI figures and the Fed meeting: its fluctuation range exceeded 240 points (155.71 at the low, 158.25 at the high). However, the five-day result was not so impressive: starting at 156.75, it ended at 157.37.   Experts' forecasts for the near term look like this: not a single vote was given for the pair's southern movement and yen strengthening, while the remaining votes were evenly split: 50% pointed north, and 50% remained neutral. As for technical analysis, all trend indicators on D1 are coloured green. The nearest support level is in the 156.80-157.05 zone, followed by 156.00-156.10, 155.45, 154.50-154.70, 153.10-153.60, 151.85-152.15, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance lies in the 157.70 area, followed by 158.25-158.60, 160.00-160.20.   No significant economic statistics releases for Japan are scheduled for the upcoming week.   CRYPTOCURRENCIES: The Present and Future of Bitcoin Depend on the USA     In the absence of independent drivers, the crypto market has recently followed the dollar, which in turn follows the Fed, which follows the macro statistics from the USA. BTC/USD is like scales, with the main cryptocurrency on one side and the US dollar on the other. The dollar became heavier – bitcoin became lighter, and vice versa. On Friday, 7 June, strong statistics on the US labour market were released – the dollar became heavier, bitcoin lighter. On Wednesday, 12 June, it turned out that inflation in the USA was decreasing – the dollar weakened, bitcoin became heavier. And in the evening, the Fed calmed the markets regarding the interest rate – and the scales swung back. Just look at the BTC/USD and Dollar Index (DXY) charts – the inverse correlation leaves no doubt. In recent days, the flagship of the crypto market has lost about 7% in price. And the reason for this is the aforementioned monetary policy of the US Fed. Enthusiasm was not added by the fact that bitcoin-ETF inflows broke a 19-day streak. On 11 June alone, industry funds lost almost $65 million. The reasons are the same. They can be supplemented by the upcoming summer holiday season – a period of correction and lull in financial markets.   Traders note that recently, "digital gold" has been trading in a narrow range between $66,000 and $72,000. One of the popular market participants considers the lower mark an ideal entry point, while entry at the upper boundary of the range, in his words, carries high risk. MN Capital founder and analyst Michael van de Poppe does not rule out that pressure from sellers will persist in the near future. In such conditions, bitcoin may correct to $65,000 and even lower. However, van de Poppe does not expect a deep price drop. According to him, a large amount of liquidity is concentrated around the $60,000 area. This suggests that this level now acts as a strong support area, and positive dynamics can be supported by geopolitical instability.   According to surveys, more than 70% of the crypto community believe that BTC is on the verge of further growth. For instance, trader Captain Faibik is confident that bitcoin is preparing to break through the "expanding wedge" technical analysis pattern. According to him, breaking its upper boundary will open the path for the cryptocurrency to rise above $94,000. Trader Titan of Crypto, in turn, expects bitcoin to reach $100,000 this summer. The growth prospects of BTC are also indicated by the activity of large investors. According to industry representatives, whales are actively entering long positions on bitcoin. Cryptoquant CEO Ki Young Ju clarified that the $69,000 level has become particularly attractive for large investors.   New Binance CEO Richard Teng, who replaced Changpeng Zhao, believes that bitcoin will soon exceed $80,000. Teng associates the potential new high with the work of spot BTC-ETFs, which have strengthened trust in the asset. The Binance CEO also allows for the legalisation of cryptocurrency if Donald Trump is elected President of the United States. Declaring himself the "crypto president," Trump said in May that the USA should lead the global crypto industry.   However, at present, cryptocurrency regulation measures are in the stage of development and implementation, which restrains investments. According to experts, current investments should be considered test cases. It should also be noted that spot ETFs have attracted significant liquidity only in the USA – there is no similar interest in most countries.   According to billionaire Mark Cuban, the attitude towards cryptocurrencies will be a key difference between US presidential candidates Donald Trump and Joe Biden, although neither understands this issue. "Do you really think [Trump] understands anything about cryptography other than making money from selling NFTs?" Cuban asked. And he answered himself: "Neither of [the candidates] understands. But I've said many times that Biden will have to choose between [SEC Chair] Gary Gensler and crypto-voters, otherwise it could cost him the White House."  According to Bitfinex crypto exchange analysts, bitcoin's price could rise to $120,000-125,000 within a few months to half a year. Similar figures are named by BitGo crypto trust company CEO Mike Belshe. In his opinion, by the end of 2024, the first cryptocurrency will cost $125,000-135,000, and one of the catalysts will be the high level of US government debt. "Our macroeconomic climate continues to confirm the need for bitcoin. Undoubtedly, US government debt is out of control. [...] This situation supports the idea that bitcoin is the gold of the new generation," Belshe said.   He also noted that the US dollar is losing its position as the world reserve currency due to US foreign policy. The BitGo CEO believes that the country uses the dollar as a weapon and a means of manipulation. "Thus, the US debt crisis is one, foreign policy and sanction control is two. And BRICS offers alternative payment systems. [...] This is the story of why bitcoin exists," he concluded.   At the time of writing this review on the evening of Friday, 14 June, BTC/USD is trading at $65,800. The total crypto market capitalisation is $2.38 trillion ($2.54 trillion a week ago). Bitcoin's capitalisation has reached a solid $1.30 trillion, which, as experts warn, reduces the effect of future inflows. Pessimists say the asset is already "overheated," and to reach $125,000, its capitalisation must almost double. In their opinion, such a colossal influx during the overbought period is unlikely, so one should expect a correction and subsequent consolidation. The possibility of such an outcome is also hinted at by the Bitcoin Fear & Greed Index: over 7 days, it fell from 77 to 70 points and moved from the Extreme-Greed zone to the Greed zones. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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