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Quite, but everyone will forget to depend on your deposit.
For example, in order for it to be 1% of your deposit, and you could make 1% per day, which will be equal to $ 5,000, $ 500,000 will be enough for you to feel comfortable.
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Binance has been disappointing me lately, although it used to be my favorite trailing platform.
Now I use FTX, and I consider this exchange to be the most top-end of all that I have met. Quick conclusions, the possibility of a commission-free withdrawal of Ether, cannot but rejoice.
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Personally, I am not so stuck in trading that I want to escape from it. Or maybe I just have a more positive experience due to the fact that trading is not my regular activity, and I only do it from time to time.
However, such a decision should be pondered not by those who trade a lot, but by those who trade and they do not like it.
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In fact, it is not as difficult as you say. It all depends on your level of understanding and ability to follow your own plan.
If you just bought a coin and expect an increase, and as a result you get a decline and do not know what to do - in this case it is really hard for you, but not because holding is hard, but because you do not know what to do.
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It all depends on the trend.
Personally, I try to invest in coins that fall during dumps, especially coins that have their own blockchains and are in good demand. If the trend is bearish, I sell most of it in favor of stable coins.
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I always follow Elon musk announcement and instructions but very recently I invested dogecoin and Bitcoin following elon musk tweeted but trust me I already lost more than $3650 tweeted from Elon musk tesla company suspended bitcoin . What's a crucial decisions made by elon musk!!!
It's my the worst mistake...
You should think for with your own head. Elon Musk "just says" and you take action. He first says bitcoin is good, then he buys bitcoin, then sells it for a "test," and then he says bitcoin is bad because ecology is important. You repeat all these actions after him? What's the point of this. Agree. It makes sense to use "jolts" from Elon and others like him in order to make money in the short term. However, there is no point in blindly following his statements, given that he has a rather mediocre relationship to the crypto world. You must always think with your own head and in advance. |
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I think the main thing is control of emotions and risk management. But I would put risk management first because of its incredible usefulness.
When you manage your risks, you very quickly understand where you can lose money, which means you will lose less on your own training, which is always associated with mistakes and therefore with losses.
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All of these that you mentioned are very important in trading because these all factors are related to trading in some aspects as well whether you are buying and selling some of the coins or want to make a stop loss on coins, but i want to add in between these strategies that risk management is also important as well.
By and large, risk management is fundamental. Even with good control of your emotional state, but without risk control, you will be a loser, and vice versa, by controlling risks, you can compensate for deficiencies in other areas. |
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Interesting story. I wish there were more such stories, because, by and large, bull run always allows you to make money especially on new trends.
Alas, not everyone was smart enough and sagacious enough to add two and two.
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I think this is a boat that is rocked in one direction or the other. Obviously, a lot of money is being made on this.
Now, I am sure, we will receive a lot of FUD and a dump of prices, but after a while another tweet will blow up the crypto market with another rapid growth and burst of activity.
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In general, it is, but such is the nature of the crypto market. Almost all assets are speculative, except for those that relate directly to blockchains.
In the future, I suppose, the entire top of the coin will consist of coins of this type, and the rest of the rubbish will disappear.
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It's hard to say, it all depends on what you expect from the current market.
For example, for Bitcoin and Ethereum, you do not need much to return to ATH, but for Solana, this is a path of almost 50%, so it is quite normal if you transfer part of your assets to Solana.
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Stoploss can save your deposit, or it can prevent you from making money.
For beginners, I would recommend using a stop 100% of the time, especially if they trade altcoins, there, as it seems to me, there is less manipulation by whales to knock out stop losses.
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It's actually not that hard. You are faced with difficulty just because your short-term expectations have not been met and you have not dealt with the stress.
Hold is patience even when it seems that there is no more strength to endure.
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It seems that blockchain games are becoming a trend with NFT being a fever in the blockchain world as well as in society. It must be said that including games on the blockchain is a good way to ensure there are no manipulations and create unique game items. Now that I know that NFT is being encrypted mainly on the Ethereum blockchain, I think that Ethereum is overloaded to process transactions and high costs are not the solution for users. It takes a blockchain with lower costs and higher speed for NFT to become a popular and sustainable trend in blockchain games.
It is possible that soon we will see the transition of NTF to another blockchain, and it is obvious that this could become the BSC network. Games are really becoming a trend, but so far they all look like handicrafts of 8th graders. The gaming industry has long gone ahead, and does not even come close to blockchain. I'm waiting for the big MMO RPGs to be able to please their users with something like that. how many non-crypto people you know in reallife and crypto people ?? there is a still huge gap between crypt and non-crypto, but the high prices of btc makes a lot of people nervous and thinking to get in the crypto My social circle knows almost everything about cryptocurrencies and one way or another has assets in cryptocurrency. Of course, not all people understand what it is and why, but we do not need too many people for this to become mainstream for everyone. |
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Let's tell ourselves the truth, the high gas fee of ETH has become a major concern for months now. To make a deal is now something else. Imagine having to spend close to $40 to swap a coin that worth $79. This is just too much. I have been looking the very best way to solve this issue. Thanks to the emergence Binance Smart chain, it's been a good development that can make all developers migrate the Binance Smart Chain because of their low fee. This could be the change we all have been waiting for. Enough of this ETH high gas fee. They should consider people who are trying to make ends mean via crypto. If BNB is planning to give incentives for people to migrate to BNB, watch the latest development and the rest would become history.
What you say the little things. For ordinary users, yes, the Ethioium network has really become very expensive. However, for projects that circulate in a huge amount of money, current prices are not overwhelming. But for new projects, yes. Current gas prices could indeed be a startup issue. However, it should be noted that the Ethereum ecosystem is highly developed and I do not think that it needs a lot of new projects. |
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No. I will always choose cryptocurrency only if the altcoin is not a dollar.
The dollar is the only currency in which I am ready to accept payments of funds, otherwise I will be happy to receive a salary in cryptocurrency.
However, under the current realities, cryptocurrency will always be converted to fiat money before being paid out.
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Bitcointalk Username: bitcoinst
Current post count: 4611
Merit earned in last 120 days:
Your SFUSD deposit address [You can get it from the SmartFi portal]: SivPHALLeeMGJbfRK7MarsCHwPKTANj5H6
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Now the mark of 100k looks too high, but if we calculate, then, provided that bitcoin grows to 100k, ethereum can easily cost 10k - 30k, after that there will not be much left.
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