Having dabbled in forex trading for the past years and starting my crypto journey.
I'm wondering what indicators are useful for crypto day-trading. How useful are SMA's or EMA's?
What trading platform has the most complete technical analysis tools?
I recommend Tradingview for you, I personally have 3 months do not read or see the technique of indicator analysis, do not know why I think it will be easier to see the future market just with news, new holders are easily affected by news and here the new holders are more visible in market movements. |
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Hello there, its been a while since i made my last trade, over a year ago! Im thinking about going back into the game,however i dont know where i can buy bitcoin with a debit card. Previously, i used virwox and a bit of mining to obtain my bitcoin, however i do not want to pay extra fees. I would prefer to purchase bitcoin over a trusted site rather than private user. Im still a minor, thus wire transfer and interact payments are not feasible. Sorry if this is a repeated topic. Thanks in advance!
I think it does not matter if you have an identity such as a student ID card you can get in your school, or ask your parent for help, with which you can buy bitcoins in a trusted place even if you have to use KYC, and I also agree that you say to buy more on trusted sites than individuals. |
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My way of dealing with this, first if you have lost the value of the crypto then look and analyze where the market will move, here is an important decision, even if I have observed for a few weeks, if your result is cut lose then like he say is make a small profit to be able to cover the losses, but because the fluctuating in crypto so hold some if you get luck. The point is the same as what the thread maker says is just the problem is how do I suppose to generate a small profit? because it depends on our own expertise.
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Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
It depends on the rules on the place of your insurance, I used to put money in insurance a few years later my money is still the same and even according to me reduced due to inflation, if you want to avoid inflation then I recommend buying gold and deposits. In crypto no one knows what will happen to that crypto value in the future, I think the risk is even greater, if you are not accustomed to the fluctuating crypto. |
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which is obviously a good investment right now is those who have growth in value, you see in the market is red, and there is no good news that can actually reverse the market. I think so far in 1 month bitcoin has good growth, but it's up to you to invest in where.
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Is there anyone who wants to calculate how much money circulating in this world? money can be lost and made and that is by an amount that is not in the know of many people, stop thinking outside the logic because this is rather difficult.
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The first is to manage risk is to understand your investment, many people always make this mistake, although it is simple but this is the beginning of our decision. then do not put investments in one place, this is common for investors, the rest is depend on your analysis and strategy because the crypto niali here fluctuate.
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Now, you see bitcoin market down -4%, at the moment I thinks it very difficult to guess signal on bitcoin, all users expect bitcoin to rise by the end of the year, but we do not know exactly what happens later, I did hear that there is a huge investment in bitcoin, but I do not know the truth of this news, if it is true maybe a few months we are already in the green market.
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ADA is worth 1/10th of ETH in terms of market cap, but has so much more potential. Completely lost my confidence in ETH as new ICO's on decline, unknown inflation etc etc.
Now, I want to ask about what potential ADA has? you are saying that the ADA has the potential to be worth for 1/10 ETH, I think it's interesting to discuss, because I just follow some news and ADA is quite the current hype. I recently heard that cardano community (ADA) spread in China and San Francisco. |
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For now I use buddy signature, I think than asking for advice would be better to be a suggestioner, here I see some threads discussing on how to choose ICOs for bounty and there is also an ICO rating site, I think it helps you to better recognize ICOs and bounty , do not forget to often read in order to easily understand.
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Most users have never thought that bitcoin will grow to be very valuable including me. In 2009 I have not heard about cryptocurrency and at that time I was still in junior high school, especially in my family there is a rule that computers, smartphones and internet are not allowed to be used for me, then I started to be in the world of cryptocurrency in 2014, where early on I started making money in cryptocurrency.
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I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Every paltform exchanger support mobile, I think what you need is a platform exchanger that has a large volume in each coin, in order to change the price quickly, I think this thing should be done because we take profits of the movement of crypto every minute. |
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Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion? I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it. Thanks  If it proves good then your step is good, yes I have ever join the gorup trading with monthly fee, which I get from there only profit and sometimes loss, we can not science which should be very important for us. I personally think it's better to join a group that gives us information and how to know the right steps to take action in every trade. |
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day to day trading, I think we can take advantage of the current ups and downs of the crypto market movement especially as the current conditions are very supportive, I see a lot of crypto going up and down in the range of -10% to +10%. And this is not easy, because we have to often observe the market that could be a small movement can make us panic.
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See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:
- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.
- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader. Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.
- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.
- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses. If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.
To prevent these types of emotions , we should always be aware of whether we're in emotions when trading, because trading with the emotions will only make our trading destroy.
It is true what you say, but it could be the opposite where that the four factors may build confidence in the trade, I think the destruction in the start of your lack of information about trading, then start buying at random without analysis. |
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Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
When we see the advantages of a cryptocurrency, positive impacts will occur much, ranging from reducing money laundering, because as you say that there is a big ledger technology heated up crypto transactions recorded there. That's if we're talking about advantage, but we know cryptocurrency itself has a disadavantage, ranging from volatile, fee that is currently still quite expensive when compared in 2014, at this time I hardly imagine if it happened. |
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Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It could be done and happened, but because of the many obstacles that are currently being faced only a few stores that receive bitcoin as a means of payment, let alone the government also still not attract bitcoin as a means of legal payment, so the regulation for acceptance bitcoin still does not exist. |
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this may be a very good signal, we see in this week market only bitcoin which has good growth in the market, I see in exchange also higher buy volume, but I wonder why ethereum and altcoins like LTC, XLM, TRX did not go up , there are many who argue if bitcoin prices rise then altcoin will rise, is this wrong.
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So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
Maybe the coin will be a pair in all cryptocurrencies, bitcoin will also decrease in value, bitcoin is now more an asset because its value is very high when compared to other cryptocurrency, then I think if bitcoin down position in CMC this will be a bad thing for the bitcoin holder itself, I think if it happens it will decrease interest in bitcoin and vice versa if there is altcoin which shifts the position of bitcoin then the altcoin will have the highest value of all crypto. |
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Bitcoin prices have rebounded to over $ 7400 today with large volume trading. Normally, bitcoin prices will increase sharply at the end of the year and this year will be no exception, a lot of good news has been released and the movement of the market is very positive. If nothing changes I believe the bitcoin price at the end of this year will continue to peak as many people expect.
I didn't hear good news like you said, can you give me a link on the news? I've long seen this how the market moves at the end of the year is always on the rise, but I still do not understand the reason behind this increase, last year because there was hardfork from bitcoin that made bitcoin and other market prices go down but after 2 weeks hardfork market became bullish , I hope this year is also like that. |
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