Show Posts
|
Pages: [1] 2 3 4 5 »
|
my underatanding is that ETF will get institutions who are interested in the crypto space to actually buy bitcoin instead of just trading its futures for example.
|
|
|
You could trade with any amount you want. But, you should always trade with a small amount of your capital which you can afford to lose. Also, if you're new to this you need to set up a demo account first to learn and see how you do on there. Best of luck
|
|
|
If some is an experienced trader, stop loss is a great tool..I always use it even though I am not experienced at all. So, many times I set it wrong and I get stopped out before the trade goes in the direction I wanted afterwards. So, in summary, it's a great tool, but you need to learn how to use it or it will cause you to lose money..
|
|
|
All times are good for trading if you know what you're doing, and most probably it will always be bad if you don't . But, honestly I sense from your question that you are not that experienced of a trader. So, at least trade with what you can afford to lose.
|
|
|
I honestly don't understand anyone who would follow an account on social media blindly with his own money. To be honest, I find it stupid and sad that some people lose money because of blindly following a bad advice from a social media account. That's why there is something called DYOR.
|
|
|
I think you are correct. However, not everyone can trade, and many people end up actually losing coins rather than making profits. So, you have to decide if this is for you or not.
|
|
|
The only problem with your statement, is that you call it trading. This is not trading, this is investing. Trading is to trade the market going up or down, not to hold and wait for god knows how long until you break even or make some profits. Of course, I am not saying this strategy is wrong, it is just not trading.
|
|
|
I think, first you need to look at charts for long times, and figure out where the supports and resistances are. Afterwards, you could learn more about more stuff like indicators, patterns, etc...but the price action and the supply/demand levels imo are the most important and clearest tools of trading. Good luck!
|
|
|
I really think if you're entering into trading with a view to earn daily you might panic if you start losing. So, my advice is to only trade with what you can afford to lose and slowly build your way up.
|
|
|
I generally don't prefer trading patterns..I just use them as confirmation for price action hypothesis. That said, I think H&S is usually more reliable than cup & handle
|
|
|
You can't just say that something is better than another. Everyone has priorities and strategies. For those who can't trade it's better to hold than to lose their money. While for others, it's clearly better to trade. In short, the best option is that in which you avoid losing money.
|
|
|
No, your eth holding doesnt go down with market. This has nothing to do with it. Probably, you made a transaction for eth or an erc token..and some eth was deducted as gas fees. Otherwise, there should be no reason why you Eth would go down.
|
|
|
Best traders are those who are the least to let their emotions into trading. Ideally, it should be a robotic process with.mo emotions at all. It's very hard for everyone to do that But, in my opinion with patience, training and experience one could get there.
|
|
|
If you're not able to profit from trading in a bear market. You shouldn't be trading clearly. You're simply adding more losses to your losses from the way the market is behaving. So, either sell all and stay in fiat until market recovers or hold the coins you really believe in and forget about them.
|
|
|
I am not following BTCP closely. However, I had high hopes for this coin. But it's difficult to judge in this market. My belief is that it will make a very nice run when the whole market recovers. I think it has a good active community behind it, and if this is true I think it can grow big. But, as I said in the beginning I am not really following it or its community. I just have it in mind as one of the coins I would be interested in buying at some point.
|
|
|
You can of course make money in a bear market. However, it is not as easy as in a bull market. That's why most people lose their money in a bear market. Because, most people are not traders, and never will be. So, my advice to anyone who would like to test their trading skills in a bear market is to just trade with a small part of the portfolio to avoid losing everything and end up missing the next bull run.
|
|
|
I think if you believe that price dropping is because of manipulation, then it must be also manipulated when.it increases. IMO, it's a market cycle.and will pass like others before.
|
|
|
I think the ETF decision thing will drag until Q1 2019, it turns out they can keep postponing the decision until Feb., 2019. If ETF is accepted we could see $50k Bitcoin then.
|
|
|
This is a very interesting topic. When I started learning I tried to fit as many indicators as possible on the chart as I thought this would help. Later, found out that it harmed me more than I thought. Trying to read so many indicators leads to confusion rather than a useful conclusion. So, I started focusing more on S/R levels. I would say this made my life much easier, I still use few indicators such as RSI and MACD but just to confirm my hypothesis, and not to build one based on them. I haven't perfected yet S/R trading, but so far, I think it is the best way to go.
|
|
|
Many good ones, I suggest you start with Binance and Kucoin..both are very user friendly..after some time when you get used to the process..you can check other exchanges..there are tons of others anyways
|
|
|
|