I received airdrops only for those $DYM that are staking from MetaMask. And how to get what is staking with Keplr is unclear. To claim, you must enter an Ethereum address. Probably the address of the Cosmos and EVM should be connected somehow. |
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First, I suggest you save a little bit of your money to invest in Bitcoin regularly every week or month for 2-3 years and then see the progress.
secondly, when you are accumulating bitcoin within that time period, don't pay attention to market volatility, just save and hold it for the time period you want.
Once you are mature enough and understand how Bitcoin works, then you can increase your investment to a bigger one.
It would be reasonable to make purchases of Bitcoin when its price is at minimum values, and not when the price exceeded ATH and, accordingly, it should have been done in December 2022. If you buy BTC at the current price, then there is a high risk that you buy at high, after which the price may decrease significantly. |
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As someone who’s new to this space and wants to start trading, what are the steps I can take to start and how much of fund do I need to start?.
Trading is the same profession as a doctor, a teacher, and accordingly, before you start trading, you need to get enough knowledge that will allow you to make a profit in the future. So focus on learning, and the rest of the questions will be addressed in parallel. |
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And I have been lurking in Layer Zero's Discord server. It looks like it's slowing down there a bit. Maybe the guys who farmed LZ with 10 or so wallets have already accepted what's in store for them. And that means getting just 15% of their airdrop. That's still not a bad deal imho. Unless LZ will pay them for just one wallet.
The problem is not that they agreed to 15%, but the problem is that no one knows from what amount these 15% will be calculated. If only you could first check on the checker what amount was accrued and then decide whether these 15% are worth making unnecessary movements. |
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Well I think is not advisable for a beginner to invest in a newly launch project, reason been that you don't know if the project will last for a long period of time, or if the project happens to be scam...
If you can't do the research yourself, then you need to look at who was the investor of the project. And if you see that companies such as Binance Labs, Coinbase Ventures or Andreessen Horowitz and Vitalik Buterin have invested in this project, then you can safely invest your money with them. |
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...Do you think this delay is good for me? ...
This delay in making a decision can only benefit you in one case, if the price of Bitcoin goes down. In this case, you will have a unique opportunity to buy Bitcoin at a discounted price. If the price of Bitcoin continues to increase in price, then you will find yourself in the role of an observer who will experience Fomo that he did not decide to buy BTC in time. |
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...Is there anything we could do??
The only correct solution would be to buy Bitcoin at the market price and thereby move the price up. But it is impossible to do this, since all participants of the forum do not have enough capital for this. Therefore, we can only wait until institutional investors do it for us. |
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...There is also what is called funded trading where sites allow potential traders to register and apply for funds to trade with, and when such a trader is successful, such as some percentage from the profit is refunded until all is complete.
In this case, he could resort to margin trading, which is vaguely reminiscent of taking out a loan from a traditional bank. But what I am sure of is that no one will give their money to trade to a trader who has no experience in trading and who has not been able to earn for himself. |
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...What will you advise, would you advise them that at a level when they are sure of their knowledge should try to convince other people they know to give them some money as investment or convince strangers to invest in them?
And what prevents him from going to a traditional bank and applying for a loan? After all, you wrote that he is confident in his knowledge, so his trade will bring him profit, which will be enough to pay interest on the loan and subsequently repay it. |
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If we are talking about those tokens under erc20 then its normal or just an ordinary day but if we do speak about other chains then we do know that there are really indeed times or moments that network is really that having that clogged condition or tons of pending transactions on which it causing up for the fees to get high. Therefore, if you are on such condition then the only option you are needing to do is to wait up for everything to subside. You can really make out some calculation whether its worth to make some withdrawal on that point or wouldnt really be doing such thing because it is really that a total loss. You could really be able to make out that kind of differentiation and it would really be common sense that you would be holding your position if you do find it not to be worth on which its a simple solution.  As I understand it, the problem is not the network commission, but the fact that gaming companies charge additional commission from players, thus ensuring profit. And as a rule, the fewer players there are, the higher the fees are charged. |
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...So, how can you earn 50-1000k like them if you didn't put in the work?
In order to earn 50-1000K, in addition to knowledge, you also need a decent initial capital, otherwise it will take you many years to achieve this goal. And even if you master your trading skills to perfection, this does not mean that you will not lose money, since not everything in this world depends only on you. |
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I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.
I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.
It does not matter what kind of deposit you have, because if you do not adhere to the risk management strategy, you will definitely lose your deposit, no matter how big it is. And if a trader with a small deposit follows your advice by opening an order for 50% of the deposit, then in case of 2 unsuccessful trades, zero of his deposit will remain. |
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...For me, future trading is like a gambling in crypto trading. If you fail, you will lose all the funds...
In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit. |
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I'm addition to these add
intuition, - in trading I think intuition is the ability of the trader to follow his instinct when it seems the charts and his technical analysis are saying other wise.
This intuition should be based on the experience that the trader has gained over the previous years of trading. Otherwise, intuition will definitely fail the trader at some point and he will lose his deposit. |
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...Exclude this options that they have to get a job and save up money because if it was so easy to get a good paying job, some of them may not even be trading.
What will you advise, would you advise them that at a level when they are sure of their knowledge should try to convince other people they know to give them some money as investment or convince strangers to invest in them?
In order to become a real trader who receives profit from trading, it is necessary, in addition to knowledge, also experience, which cannot be obtained without practice. I am sure that he mistakenly believes that he knows how to trade. So he has only one option, to earn in real life, and if he doesn't want to work, then let him try his luck at Powerball. |
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...They do at least heavy work for us they check lp liquity token devs background and general info before they post it...
Yes, of course, they do a lot of work before publishing in the channel, but the most important thing for them is that they have to buy these tokens at a low price before publishing a signal for you. And where you have a 5% profit, they will have 50-100% profit and, accordingly, they can sell their coins earlier than you do. |
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...What can you say about this two problems, how will you advice a trader that is suffering from any of this problems or how did you get out of the problem if you had suffered from having lack of capital or lack of knowledge. Which of this problem is more common among traders?.
These two problems are usually related. As a rule, a lot of newcomers come to the cryptocurrency market who dream of earning a million, but who absolutely do not have knowledge and initial capital. Accordingly, you must first earn the initial capital in real life, part of which is spent on training. |
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...I Understood it's not long term signals it's for making profit short time period
I do not deny the fact that you can manage to buy and sell and, accordingly, make a profit. But you must understand that there can be no guarantee that the coin will still increase in price after the signal. I am sure that the organizers of the signal group buy the coin earlier, and give the signal when already start selling the previously purchased coin. |
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