We have to know if not all exchange provide unverified account, and we should looking for first about it before send money in to that exchange. Just like in top 10 exchange only some of them that provide unverified account with unlimited withdrawal, like Binance, Okex, HITBTC. and for others exchanges like Huobi, Gate.io we should be first verified the account before use it
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You have to try it because in this situation of crypto market, to double money is more possible because crypto already long bearish and going down more than 90%. Invest in good coin like XRP, TRX, ICX, ZIL, NEO can be promising 100% profit in 2 months. No one guarantee it but you have more probability to get it because crypto already oversold.
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Yes now keep patient will be become key to make profit from crypto market, after long bearish the trend will change to bullish but we dont know when that start. Crypto market will never bearish or sideaway forever, sure there are periode for bull run.
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To get better prediction, we have to use technical and also fundamental analysis. In this bearish trend, there are some cryro that already going up more than that 100% from the bottomed because that coin has better fundamental. We have seen crypto that already going up more than 100% is WAVES, BNB, TRX, LTC, THETA. All these coin has better fundamental than others, that why the price been going up.
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When you use stop limit order to sell so that mean that order for stop loss, stop limit order will be work better and faster if the trading volume high. When the trading volume high, we can put the same price between stop and limit.
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Cobinhood is good exchange that provide different type of order, and also only exchange that offer zero trading fee. There are some exchanges that also provide no listing fee, like Idex decentralized exchange and Gate.io.
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Current price of CMT is dumped hard from ATH price, just the same like others altcoin good fundamental coin can not fight with bearish trend. The price been more dump because hash war of bitcoin Cash. But later i believe CMT has more potential to raise again to the ATH level.
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They said that and create FUD because they been sold all his Bitcoin, and they will said another good thing after buy Bitcoin. There are some others big investor do the samething to get profit from crypto market.
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Its more difficult to gain profit everyday so we should be have target profit by monthly. 20%-30% of profit amonth is possible in this situation of market. And by use coompound strategy we can make more profit. The most important thing to get that profit is we should use stop loss and trailling stop for each trade.
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You can make money easyly in crypto just by doing long term trading, but you should understanding the trend of crypto market. If you predict the bearish trend ended and the trend will change to bullish, just buy good coin and hold it for afew month.
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The amount of loss will be according to level of stop loss and leverage that you use. In trading view charting there are tool that we can use to calculate profit and loss, and just multiplied that percentace of loss with leverage.
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Compound is best strategy is trading because by this way we can make alot of profit. To get profit 10% aweek look difficult and will be more possible to make 20% to 30% amonth. If we can make profit that percentace and use compound, in 1 year that profit will become multiple times.
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To have fun from margin trading is not necessary to use real money and take too much risk, because there alot of trading platform that provide demo account. Metatrader is good platform to learn about margin trading because provide demo account. Margin trading is very risky and only about 20% of trader been making money from it.
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Trader been making more money with less risk than holder, because trader is looking for the trend first, if they predict the trend bullish, they will buy some good coin and after target profit reach they will sell it. And in bearish trend, they also can make money by shorting Bitcoin in margin trading. But holder always get loss when bearish trend.
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Fluctuacion of crypto is very high, so your target profit should be minimum 7% , and for stop loss should about 4%. Use stop loss is very usefull because crypto can be dumped just afew minutes. Never hold crypto without use stop loss because alot of people did it and they been loss more than 90%.
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Yes when i visiting coinmarketcap, i see alot of new exchanges enter the crypto market. Offcource this will be make positive and negatif impact. The positive impact is this community keep bigger because more people will joining and use that exchange , and negatif impact is that exchange have issue of security because all of them is centralized exchange.
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I hope so, after long bearish bull run should be coming. To attrack new investor the trend should be change to bullish. If this trend not changed many people will left crypto, because many investor to make invest in crypto with aim to make alot of profit in bull market .
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Whales controlled the crypto market, and they can do anything what they want. They possible to pump and dump this crypto market. We can only minimize the risk by use management of risk and money because the price action of crypto will be very difficult to predict and possible to dumped just in short times.
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Bitcoin look better because in the long term the price will going up, although we are getting loss now but the price has more potential to raise again, but in stocks market there are alot of asset that dumped without any possibility to raise again.
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Agree with that, too many number of crypto on the market is bad for the crypto community, because currently there are no new money come in to crypto. For the better promote benefits of old crypto to new people so alot of investor will be come in to crypto .
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