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After the announcement by Kukoin that mandatory KYC is being introduced on the exchange, many traders chose BingX exchange for trade, which currently lacks KYC. But there are no guarantees that after some time, the exchange will not revise its rules and introduce mandatory KYC for trading.
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...Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected. ..
You can buy litecoin, which will soon also have halving and this can increase the price of the coin by 2-3 times. And this price will not be final and may increase along with the entire cryptocurrency market, which will be caused by halving bitcoin. |
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According to its profit, yield farming far exceeds the income received from staking and in some cases exceeds 1000% per annum. But it is necessary to remember about the risks that are associated with volatility and are called non-permanent losses. In this case, the deposit amount at the time of withdrawal will be less than the amount deposited.
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...So my question is that how to trade Securely and profitably? ..
The answer to your question is obvious - you need to get theoretical knowledge. Having knowledge, you will need to gain experience, the acquisition of which will take several years of your life. During this time, you will lose your deposit several times. And if after that you still have the desire and will have money left, you can switch to profitable trading. |
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...Is it the right time to invest in Bitcoin?..
Since no one can say for sure where the market will move next, you can buy bitcoin with part of your deposit. In this case, if the BTC price increases, you will get a profit. If the price of bitcoin drops, then you will have money to buy at a reduced price, and as a result you will get a good average purchase price. |
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The main difference is that trading on the cryptocurrency market is associated with high volatility, which we do not observe in Forex. And despite the fact that you can use leverage both on Forex and on the crypto market, there will be significantly more liquidations on the crypto market.
Forex market is volatile too with very high leverage. Cryptocurrenculy market is younger and has less regulations so developers, projects founders, whales and signal groups can manipulate price more regularly and more easily. I see both markets are very volatile and risky if we use leverage for trading. Knowledge for trading, indicators are the same but each market has its different sensitivity with news. News can lift price up or dump it and can kill your position shortly when you are not aware of such news. There is almost no volatility in Forex and it is for this reason that high leverage is used there so that a trader has a real opportunity to earn 1%. In contrast to Forex, in the cryptocurrency market, you can earn even 5-10% without using leverage. And using leverage simply increases your profit in proportion to its size or increases the chance of getting liquidated. |
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...In this forum, it is almost considered taboo for newcomers to discuss merits. The typical response received is often critical. Some individuals attempt to convey their message politely by advising new members not to focus on merits, but rather to concentrate on creating high-quality posts without making merits their primary goal. Personally, I have doubts about this perspective. In order to progress on this forum, one must actively pursue growth and development. Being intentional entails setting goals. ..
Obviously, this is due to the fact that a beginner does not have a general understanding of cryptocurrency, but at the same time he is interested solely in merit. And until such a beginner gets enough knowledge, he will not be able to publish high-quality posts for which he can get merit. |
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Interacting with those protocols will require good amount of $ to be spent, and then again it doesn't guarantee anything. Best suggestion I can give is interact with dapps/protocols where you feel like doing so and leave rest.
Right, specially test net airdrop will ask to deposit in their platform, it can be 30$-50$ even more i have seen a few airdrops but there are no guarantee you will get any rewards it’s definitely depend on your luck i think. So, it’s pretty difficult to predict that which project will pay reward or not. Personally i tried with several project and get only from only a project. You obviously don't quite understand what you're writing about. If you are asked to deposit real money for testing in the test network, then it means that you have encountered scammers and you should be as far away from such a project as possible. As for the message that you quoted, there we are talking about the commissions that will need to be spent for interaction in the main network. |
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...Thank you for spending time reading my post. See you around!
The purpose of your presentation is unclear. If you were a previously known member of the forum who left it and returned again, such a presentation would be appropriate. In your case, the decision to return does not play any significant role for the forum. So come on bro without pathos, join the life of the collective. |
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...Recently, he expressed his frustration about his teacher and classmates labeling bitcoin as a ponzi scheme or a scam each time he talks about it...
One of the characteristic features of the ponzi scheme is the promise of a guaranteed profit, which is absent when investing in bitcoin. Understanding such fundamentals can easily identify where the dangers lurk. But this is unlikely to help the teacher understand this, since he has already formed a negative image in relation to bitcoin. |
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I think the most important thing here is the notion that this is trading. In any case, the trading process itself will not differ much, because the trading process is always approximately the same.
The main difference is that trading on the cryptocurrency market is associated with high volatility, which we do not observe in Forex. And despite the fact that you can use leverage both on Forex and on the crypto market, there will be significantly more liquidations on the crypto market. |
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...As a trader that relies on buying signals, how confident are you about the continuous availability of those signals. Would they always be accurate and dependable? Heavily depending on signals is parallel to same thing as someone else trading for you with your money. How ironical!..
As a rule, buyers of signals are beginners who lack trading skills and knowledge about how the cryptocurrency market works. And after a while, when they acquire the necessary knowledge, they refuse such signals, because they understand that he can independently determine the level of buying/selling. |
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I met a young and beautiful Asian woman on a dating site. She is 27 years younger than me.
She belongs to a professional cryptocurrency organization that provides multi-millionaires with when and what coin to trade. About 3 - 4 trades a week.
She said she will give me the trades for free...
The fact that you were attracted to her beauty and youth, I can understand that, but what attracted her to you? Here the answer is obvious: either you sent her a picture of your penis and she liked it, or she wants to get your money by inviting you to place money on a fraudulent site. There are no other options. |
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...The returns are not bad, but I feel passive and foolish doing this alone in my room. I've been doing this by myself for three years, and now I want to expand, and I'm always thinking that there are more opportunities if we collaborate globally...
That is, you are not satisfied with the profit received for 3 years, which is almost half a million dollars, and you decided to create a team to get even more profit together? For me, it becomes like an impending fraud on your part, since I do not believe in your altruism. |
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So, these "specific tasks," "check demo statistics," "note any inconsistencies" requirements can be simply described as using the product normally. if you are interested, you use it. If not, well go your way. Testers and early adopters are interchangeable concepts in our context
Since you changed the name of the thread to "Looking for early birds...", this confirms the fact that there is still a difference between testers and early adopters, which you deny. Well, I went my own way with the hope that those who had some desire to stay here would follow me. |
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...We are not looking for testers, but rather early adopters who would find value in our platform. ..
You are trying to get out during the dialogue. Your first message, which has already been edited, states: "We need beta testers for a month. The commitment? A few minutes a week of your time to check the demo statistics and copy-trading results, and to note any inconsistencies. We're looking for folks who have a Binance Futures account." In addition, here you are also talking about testers and a specific task for them: Testers will have to connect their exchange API keys to the platform to connect to strategies and perform auto-following. ..
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...Q. Would there be any benefits for those who newly join?
A. Early birds will benefit substantially when the platform goes live. First, they will not be obligated to pay a profit-sharing fee for a year after the platform goes live, plus they are not obliged to pay that fee during a test. Second, they'll receive unique badges and profiles on our platform. It will help them establish themselves more easily when we drop the feature for following active index managers.
Testing is always fraught with risks. In this case, there is a high probability that the tester will lose his money for the sake of illusory benefits in the future. The ideal solution would be to allocate a deposit for testing to testers who would be selected by you for this. This is an ideal solution only on the tester's side. We are not a charity fund to give away a minimum of 100$ for each early adopter of our product... You want testers to spend their time for free, as if there is no other job for them anymore. But I'm not ready to spend my time testing your platform for free, besides, it involves the risk of losing money. I think that others think the same and, accordingly, you will not find free testers for yourself here. |
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...Q. Would there be any benefits for those who newly join?
A. Early birds will benefit substantially when the platform goes live. First, they will not be obligated to pay a profit-sharing fee for a year after the platform goes live, plus they are not obliged to pay that fee during a test. Second, they'll receive unique badges and profiles on our platform. It will help them establish themselves more easily when we drop the feature for following active index managers.
Testing is always fraught with risks. In this case, there is a high probability that the tester will lose his money for the sake of illusory benefits in the future. The ideal solution would be to allocate a deposit for testing to testers who would be selected by you for this. |
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