Bitcoin Forum
May 30, 2024, 09:58:02 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 67 »
101  Alternate cryptocurrencies / Altcoin Discussion / Re: How crypto currency change your Life? on: August 16, 2021, 05:50:04 PM
Cryptocurrency gives me positive vibes. When Isee over the years how bitcoin was written off over and over again and yet, bitcoin keep growing in user base, developers in other sector are joining crypto space, and cryptocurrency becoming popular more than it was before,  I get very excited!! The impact of cryptpcurrency is been felt all around me as an alternative payment and tool for business
102  Alternate cryptocurrencies / Altcoin Discussion / Re: do I still have a chance to get profit? on: August 16, 2021, 05:43:01 PM
ICO buzz of 2017/2018 is already dead and gone rarely will you see any project that really survive tha era. And for your investment, you should consider it gone as well. The fact thay you see the project you invested in still running does not mean it's legit or they intend to carry on with the project. What I see is actually some fancy graphic and a ploy to suck in more money from unsuspecting investors! These guys do not act serious, forget them!
103  Economy / Trading Discussion / Re: Why some small coins rise in price for 10%-20% in a day WITHOUT any news? on: August 16, 2021, 04:47:38 PM
When a coin is low cap coin or, when the liquidity is low and thin or, when the coin is not well distributed and large chuck of the supply is in few hands, it will be easy for such coin to be manipulated! Just few dollar buy, will increase the market price. And the opposite is also true for such coin i.e a few dollar sell can crash the market price!
104  Economy / Trading Discussion / Re: stock between a Trade. on: August 14, 2021, 08:01:42 PM
It's a good thing you have mastered some skills trading meme coin! I will recommend you start trading the big cap altcoin and apply the skills you have learnt! The impottant thing in cryptocurrency is awareness, you must be sure of what you are doing and where it might lead you to!  The next big coin are all there in the first 20 aktcoin listed on  coingecko, just dyor and fnd the one you are confident about!
105  Economy / Trading Discussion / Re: Daytrading vs Holding on: August 14, 2021, 06:16:58 PM
Daytrading gives you the impression of earning money daily but it is not so! Dytrading is difficult and it could be fatal as well! Imaging losing your capital just because of human error or mistake on your part! I think holding is even more profitable in the long run than daily trading profit ( if there is any profit at all daily)
106  Economy / Trading Discussion / Re: holding is not an easy thing on: August 14, 2021, 06:01:22 PM
The idea that holding is for the rich should be discarded! I for one have held bitcoin for more than five years and I am not rich, I'm just a middle class!If you are in cryptocurrency for quick profit, I'll you will not be able to hold! If you wamt to hold your coin, first grt a job and go to work daily and leave your crypto portfolio alone!
107  Economy / Trading Discussion / Re: How do I start trading? on: August 14, 2021, 05:42:20 PM
Hello everyone, I just got introduced into crypto by a friend and would like to know how do I go about doing it. Have went through lots of tutorials from different places but did not quite understand how to use them and what to see. That's when I thought a forum would be the next best place to place such a question.
The proof of the pudding is in the eating! You can only judge the quality of what you have learned after you have try to use it and experience it! Get to work on your tradong. Choose a centralised exchange and practise what you have learned, thete is no other way to it! Some exchange have tutorials, use them!
108  Economy / Trading Discussion / Re: Always pump after sold holdings. on: August 14, 2021, 05:26:24 PM
I have experienced this situation severally. A situation where you would have sell then come a pump out of nowhere! I thnk this is not an indication that one does not know what should be done, for me, it is just a mere concidence and the suprising factor in cryptocurrency! What I usually practise is not to sell evetything! I have realized that have a small bag keep you in the game if there is evet going to be any pump
109  Economy / Trading Discussion / Re: trading needs consistent attention and full concentration on: August 14, 2021, 05:09:05 PM
I agrre that trading require a lots of attention and consentration and without this two important character, you may not succeed as a trader! It takes a lots of energy to stay focus and pay attention all the time! It is important to allocate a certain amount of time where you can pay attention and concentrate till that time is spent. You can repeat this over and over again so you don't get burnt and become sick!
110  Alternate cryptocurrencies / Altcoin Discussion / Re: Will governments prohibit developers from creating a new coin? on: August 09, 2021, 10:20:56 AM
Regulations may stiffle creativity and developers may be at the receiving end of goverment regulation hicupp or beureucracy! But the ability to create coin based on new ideas will still be there! There may be more requirement for a developer to be allowed to carry on such endervour. I believe cryptocurrency is good alternative to fiat and a better tool for processes and economic endavours!
111  Economy / Trading Discussion / Re: Is margin trading good for beginners ? on: August 09, 2021, 10:12:27 AM
Margin trading require skill to execute profitably! I noticed that top tier centralized cryptocurrency exchange were pushing agressively for their users to margin trade on their platform. I think this is like trap for users regardless of your experience, margin trade risk is very high and you are likely going to be liquidated in a very volatile  market like crypto. Beside, who ensure fair play between traders, exchanges?
112  Economy / Trading Discussion / Re: What is stop loss and how it works on: August 09, 2021, 09:33:05 AM
Stop- loss order is a tool  you can use in centralized cryptocurrency exchange  to sell or buy  a  coin when it reaches a specific price! This tool is design to limit investors's losses in an open position! There is no guarantee however wether the tool will work in a very high volatility  market! Stop-loss should be able to keep your losses to bearest minimum if it set according to percentage losses you  are able to afford!
113  Economy / Trading Discussion / Re: How to keep Bitcoin while getting benefits on: August 09, 2021, 09:17:29 AM
If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?
I think the essence of having bitcoin is lost here if you give your bitcoin out to third party in order to earn interest when your bitcoin is loan out o there custmers. I made this mistake in 2014 giving out my bitcoin for ability to earn more with a trading company that was legit then but turn out to be scam years later!
114  Economy / Trading Discussion / Re: The reason why investors often lose money on: August 09, 2021, 09:08:07 AM
The bottom line here is that there is no rule as to safe guide your investment as investor in cryptocurrency, each trader must formulate his/her own rules into a plan that can followed both during bear and bull market period! Trading effort is not cut and dry, you must be able to swim with the tide and most of the time with Whale and Shack! And never to forget your trading experience, alwaus apply it to your trading effort!
115  Economy / Trading Discussion / Re: Your Best trading platform is? on: August 08, 2021, 06:05:08 PM
Coinbase is easy to use, licenced and professional. Coinbase is more suitable for people in America. For the rest of the world however, Binance is more accessible. Binamce is easy to use as well and accessible for wider users! Binance is not as ptofessional as Coinbase. Furthermore, Binance is having issues with Authority in Europe and America!
116  Economy / Trading Discussion / Re: Minimum coin to begin trading? on: August 08, 2021, 05:25:47 PM
I want to think you are a newbie with little experience! I recommend that you start small, at least $100 and put into practise whatever knowledge you have about trading. Trading with your own funds help you to judge your action in trading, you become strict and demand the best fory yourself! Whatever the outcome of  your trading, take it as a crucial learning experience!
117  Economy / Trading Discussion / Re: Trading is not a Game . on: August 08, 2021, 05:12:39 PM
Trading is definitely not a game especially when big fund is involve! The preparation that you have before any trade is what will make or mar you in the end! I like to trade the known asset that I am familiar with and not to take unnlneccesary risk! Game mind set however could expand your horizon and widen your perspective about your trade!
118  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: August 08, 2021, 05:06:20 PM
As a trader, I have had to contend with different analysis and projections about bitcoin. Sometimes, the chart look bleak for me, but one thing about bitcoin is that, it is beyond numbers and graph, it is revolution and it is the future of money! So you need to first believe in what bitcoin is capable of becoming and you will not need to worry about present value!
119  Alternate cryptocurrencies / Altcoin Discussion / Re: why some are still loosing money in crypto on: August 07, 2021, 06:47:01 PM
The fact that majority of people are taking by the promise of fast money contribute to lots of scam in cryptocurrency! There is nothing as dangerous more than a desire for fast money, it lead people to shitcoin and shitcoin usually lose value and become scam in the end! The solution for those that have lost money is to first decide the most valuable coin in cryptocurrency with potential and stick by it!
120  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth vs bnb on: August 07, 2021, 06:00:07 PM
In terms of market price of ethereum and binance, I think binance is the star coin this year. Ethereum however is better than ethereum onsidering decentralisation and network effect of users and the quality project been deploy on ethereum network. Ethereum is network of choice for developers and entrepreneur starting a new projects!
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 67 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!