This market has established that it has season and that follows from when bitcoin drops. So if the market is at bear I think the effort of fed to push price up may still not work, if they cut dollar out or try to push market up bitcoin can remain at the price. This is because the cryptocurrency market is not regulated and dollar shortage or increase don't have any direct effect on it unlike in forex where pushing in dollar in the market can change investors mind, emotion and speculation.

I have been in this too and I ended up gathering shift projects that didn't bring returns. Buying based on price alone may not work well but if the project is cheap and you consider other factors to be good, it is possible to be a good investment but I don't invest blindly.


No matter how I try to do this, I don't get comfortable with it and I end up doing my thing. Doing your own work will eventually take you to proper strategy that you can grow with, trading like other things can be better with time and experience. We always to know that nobody knows where the market will shift to in the next candle hour so having this at heart will tell you you have to understand the trade yourself. No trader is perfect and no trading signal is perfect likewise.

Apart from the emotions , you need to trade with the chart which is the technicality of the market. Many traders fall for their emotions and jump into the market when they see one candle "dancing to their expectation". Our emotions often times play a fast one on us and we take risk not worth it. If the risk we are taking doesn't have high probability or potential of bringing profit then it is not worth it.

It is clear that trading is more risky and that is not disputed. Again the profit in trading is just for few, not every trader profit but every hodler will get back the hodling with time if the bull resume. I have hodl a coin to a point it diminished because of decrease in price but by the time the bull resume then the coin got back to profit that is the point I'm saying.

Hodling of coins is not the same with trading and so the emotions involved are not the same thing. A trader should have a very good emotional intelligence and balance not to be overtaken by the speed of the market but hodling is to effortlessly witness your coin rise or it falls whichever is the case. But trading generates income faster than just hodling a coin in your wallet.

I think the fear of closing a lossing market dreads the trader but no choice on that. It is better to close a lossing market while it is still small than when the loss has accumulated. There is a way that you can manage a lossing market over the day. To that you can use the stop loss so that it stop the trade when it gets there.

This is the kind of thought you have when you think cryptocurrency is just about profit and no losses. The kind of thought you have and you think that everyday is bull and no bear but sorry cryptocurrency investment is just like any other type of business that you know that has season, time for profit and likely time for losses, so you need to take off the mentality of always profitting that you can also accommodate for losses when it come .

In everything we do if we want to succeed in it, we must practice and put effort towards it successfully outcome and that is just the way trading is. It is not a joke because some people are full time traders and feeding from it. The more you trade, the more you learn and practice is the factor that can give you confidence.

It is always an advantage to have a good start. If you learn from someone, you can't undermine the speed of progress that you will witness in it. I understand your point of view that standing by your self is the angle you are looking at but forex is a highly risky business and if you only want to do it yourself you can end up losing courage because of the huge amount of money that will be wasted. So if you have a good mentorship, it will be better to have a good start.

Manipulation in forex is minimal and just very few understand how it happens. IMO I believe big banks play a role in this or either they are aware of what is happening in the market and they trade against what you are seeing in the market. Usually when market goes in a direction for long unusually, I believe it is manipulated by big plays. Also banks have inside information earlier than the public and they act faster to run out with the profit, getting an ordinary trader stock inside. I also believe an individual can manipulate the market like if the federal reserve or other monetary agency in America, London or Australia is releasing a financial news, whatever the head of the department is releasing news item like NONFARM PAYROLLS, this news is very volatile and could be manipulative. Also, when Donald Trump was the president, I heard his tweet about the $ cause a huge panic in the FX market.

Those orders you are asking for are part of the whole body of trade and I believe every serious exchange should have them. I know of binance that they have that. In binance you have to do your KYC before most of the hidden features will be open for you, maybe you have tried on it and didn't see those features.

I totally agree with you that investment gives out more profit than trading and in trading, a losing day for one trader is a profit day for the other trader and it keeps going like that in circles until someone account is blown away lol. Trading isn't easy to tell the fact but with experience and good money management with emotional control, it can be better or fair compared to daily job as employee.

Swing trade doesn't guarantee that there will be profit at the end of the trade. Trading as swinger is just a pattern that the trader choose and it can fail just like any other type of trade strategy. It is about knowing when to rightly enter the market despite the trading style used because a wrong order will result into loss.

OP asked a simple a question like this and I want to give a straight answer to say yes you can use the experience of both trade for each. Forex trade is trading of fiat currency , it is regulated but cryptocurrency isn't regulated. In trading you need TA and fundamental analysis, both market use it to navigate. In trading you need indicators and in both it is present and used. The knowledge and skill are the same.

Is anything like that existing ? Are you sure you are not asking for too much ? I don't think there is a guarantee to price in this market. The only guarantee that I know about bitcoin is that it is max of 21 million and it fluctuates. So expecting to have a bot that will determine the range where price will get to , I don't know really but you can monitor that with your indicators and TA.

This is the issue with KYC any report results to locking you out but however some trading platform have been getting the trust of traders like binance. To an extent it require KYC which is still against the decentralised and anonymous  system but you still see traders going through with because they have no choice but to run away from the "not your key not your coin" I try to keep some assets away from exchange.

If you have an indicator that is performing well so what is the point of leaving it? Always follow what is working for you in trade and not to be confused by others because if you allow them get you deceived you can keep going round in circle and wasting your time. I like sticking with what works.

Yes profit is individual based and I believe whatever you are doing in trade that is keeping you on profit, you have to continue with that, if you change from it then things may start to go wrong. Drawing of lines is one of the ways an individual can understand his trade and make profit but it may not be the same for another person because they won't even draw the line from same spot, it just depends anyway.

I have felt this like you said when you receive some airdrop and as a newbie you feeling on top of the world that you have started a process of financial Independence and looking forward to more investment, hodling to that received you get surprise that after sometime the coin is requesting to change address or promise to list is no longer heard on the telegram, you complain and you get removed and your hodling is gone 

This can be enough to make any other person or party decide to take up case of pump or dump, it is just a choice to do as they say. Our brains should be at high alert when we are trying to invest and double our money. There are different and huge promises online and that we have to know are not always a guarantee that they are real. So any lawsuit on pump and dump can fail.