|
Is a fact that when the price of bitcoin increase or decrease, the unit of Satoshi still remains constant.
People must panic when price drops because if you are not hodling for a long time, you are hodling for short time and short time requires to sell at appropriate profit time and if at the time you are about to sell then it starts to drop, panic set in. You talk about not looking at price dropping but to keep buying but this isn't easy, things are difficult.
|
|
|
|
So what you all think? Do you experience this kind of stuffs too? Feel free to share your story with us.
It is normal to happen and almost every trader experience it when they try to be greedy. Therefore how to avoid it is 1. Set a sell limit for yourself. You can determine this by when you enter and you calculate how much profit to go for and you keep to it. 2. Don't depend or look at other people's exit time. If you do this you are over stretching the market or your profit. 3. Don't be greedy. This covers all the reasons that we see our profit changing into losses. |
|
|
|
These "trade" websites that are unknown should really be questioned and doubted with such offers that they're telling to their potential victims. And they are asking to invite people? Well, another sign of a scam.
Yeah anything new on website should be looked at with much attention, care and doubt. Don't through in all into what you have not seen review about. It is better to stay with what we already know than trying for bigger stuff and losing big money. $5,000 investment involves alot and losing it because of improper research is really a painful thing. |
|
|
|
|
You are probably asking for what many users have run away from. Probably a pump group you are asking and that is not the best a newbie should be asking. You can seek to understand cryptocurrency and how to be better . Anyway you can search for that focusing on telegram, that is how you get into that. Asking for how to be rich always can expose you to scam because you can meet wrong people.
|
|
|
|
Putin made an immediate decision and entered Ukraine. This isn't expected by the world powers. Russia never expected such sanctions from the world countries and organisations. If Russia has thought of it, already alternate measures could've been made. Ukraine on the other side could've made itself stronger getting support from other countries. To make a country self sufficient is not an easy thing to be achieved all of the sudden. It is a practice and part of tradition, but people are not ready to adopt it. Maybe someday this could get back and people starts following it. Sanction could've been the right option,if it affect the government and not the public.
I know how ordinary Russians feel in these Western sanctions. Sad that they are involved in this too despite that they didn’t like Russia to go into war with Ukraine or any country in the world. I think Putin wasn’t prepared for these sanctions to come that crashed their economy, and cryptocurrencies won’t be enough to evade them. Recently I am in contact with a dear beautiful friend of mine from Russia via Telegram, and I know how she felt being “isolated” from the world due to the banning of Instagram, Facebook, Twitter, etc. (unless using a VPN). She felt ashamed. They would likely be the next “China” who are banning a lot of websites, apps, limiting video gaming times for minors, cracking down entertainment, celebrities, banning cryptocurrencies, etc. Putin is very much aware of the sanctions coming to Russia but he is known to be a president that is very stubborn to go after what he believes is right for him and not considering the suffering on the people. I think he planned to use cryptocurrency as channel for payment as he saw rubbie would face a lot of problem but yet the situation went bad for Russia and the police is locking protesters. Russia is really committing inhumane acts. |
|
|
|
|
It is a good idea to show kids how cryptocurrency works and get them educated in blockchain technology either through schools. This area is still fresh for learning and development. And depending on their age, we can show also investment not only on cryptocurrency but how to make wealth. If we want to invest on behalf of our kids, I suggest top rated coins starting from bitcoin.
|
|
|
|
People trade with their emotions: they have an initial specific amount to trade but, getting on to the exchange they change their mind and trade higher amounts which results in big losses.
This is a matter of emotion, you are right that people change their mind often. The reason is greed for bigger profit but you get to miss it more than you get it. Traders should learn that there is no free money anywhere, not even in trading. So being patient to take right decision is better than to rush into a trade because of what we see. |
|
|
|
|
I listened to the video, I think you have to move the thread to scam accusation board and get to see if more people have same experience or can help you do more research on that and create the needed awareness.
I heard you want to do $5,000 of investment and he promising $75,000 profit in a very short time, within a week right ? In addition to inviting your family into the investment, that's a lot of money. I think when an investment sounds too good then we have to be careful.
|
|
|
|
Isn't borrowing for investment in Bitcoin essentially betting on price will go up from the current point and hope to cover the loan + interest.
It is highly risky with trading and being hopeful that you can repay loan from profit isn't a guarantee. You can lose the loan amount in a short while in trade. Stay away from loan if you want to trade. Also, I don't know who will give suck loan without other collateral.
Don't even to put in a collateral, whether your house, car, land or whatever because you may not recover it. Don't also stand as a guarantor for such loan . |
|
|
|
I have started my trading life with the fresh chart ,I always try to read every candle and try to predict the next candle to enter on the market .I have seen many of my friends to do trading with indicators i think they feel comfortable with that but i am not .Its make me error to predict the market .I don't even use RSI .However its my tricks to read every candle you might follow if you wanna to do it .I think it will be more easy to read the fresh chart and Japanese candlestick says a lot about market movement .That's why i follow this trick and i can make profit on this way but not to suggest you ,If you feel indicators helps you to get profit .Its actually depend on you on which tricks you will make to follow .
I hope you don't use only candlestick? Candlestick is good for longtime but at the short time you have to follow on what the market is doing. But you need to support candlestick with other indicators like RSI. Japanese candlestick may be taking over by volatility, so at such point when a candle close for continuing direction, it can change for the opposite direction because of volatility. |
|
|
|
Aside from expensive gas right now in my country, everything are still normal especially my trading activities since there’s no huge panic in the market as of the moment and its seems like a normal down trend, so nothing big change here. I think the most affected here are Ukrainians and Russians trader and investors, they are losing their access on their money and even on crypto, some are still not able to trade and get their money. Well, trading might not their priority as of the moment but still, they are losing.
I understand your point quite clearly because trading has to be done in peaceful state of mind. If you are not in a cool environment you may get your calculations wrong. With bumbs scare and stray bullet fear, trading can be frustrating. Being in a war zone and trading at same time may not be good, losses can be the outcome so it is better being safe first before looking for money. |
|
|
|
|
This is about how much Biden wants to make out of this. For bitcoin is like the saying of , they don't like you yet they want to regulate how to benefit from what you offer. It is about tax generation from the use of bitcoin and cryptocurrency. I think Biden could have faced more issues at this time and not to wake an agenda likely to push Americans crypto enthusiast out in bid to run away from higher taxation.
|
|
|
|
for me Ukraine needs now or now the intervention of NATO, it is difficult to resist with only the heart, it is needed of allies and with experience.
Yes the president has called for support from NATO, EU and US to sefe the souls of his people before Russians finish them but US not looking to come in directly in the war with Russia because that is going to be dangerous but they give humanitarian help to rescue and evaquate Ukrainians and donations from EU also to help the Ukrainians. The war is getting serious by the day and putin is not stopping from the attack. |
|
|
|
Hi everyone, in these days where everything is happening I'm wondering a few things and I would love to receive your opinion.
How the crypto market will be affected by:
• Biden's new executive order, do you think that is going to pump the market these year?
• The election of Yoon Suk-yeol in South Korea, after his election the ICX price hit $1 and I wondering if it's just the beginning of something bigger or if this is just 'case'
• The Russian oligarchs that now their bank accounts are freezed, do you think they'll exchange their ruble with some crypto coins?
Thank you for your time.
All these factors you mentioned don't relate to bitcoin or cryptocurrency except for the last about Russian oligarchs but if Biden has made an executive order or not isn't about bitcoin. News likely to have a shake on bitcoin is adoption or legalizing bitcoin news. For now if the sanction of Russia regarding the oligarchs and there fiat assets maybe they may choose another means to keep there money away from US. |
|
|
|
The HOLD strategy works at a long distance only for Bitcoin and Ether. There are only 3 cryptocurrencies from Top 10 by capitalization in 2017 still in top 10 now in 2022 - BTC, ETH and Ripple.
All the others cryptocurrencies dropped out of the top 10, including Litecoin(which is still good) and Bitcoin Cash.
Therefore, I would not say that HOLD is a 100% winning strategy. It is always necessary to monitor the market, otherwise you can easily get losses.
As far with hodling is concern I think bitcoin and etheruem are the most reliable. Ripple isn't in high demand even though it is still retaining one to five spots. But on the higher level the bitcoin is the general choice and followed by etheruem before any third spot from the 10 spot. However, BNB has been very popular the last two to three years. Binance is looking to stay comfortable on 1 to 5 spot for longer time since it established itself as one of the largest exchanges. |
|
|
|
If we are just a normal wage earner, this is really an opportunity but the problem is now how going to start if we don't have enough capital. Most of these people commit loans which I think was not a good idea because, for me, this will only give more problems if we got compromise our trades. It could really be very unfortunate that many individuals had lose their chance as to whether we like it or not, trading needs money that those who have problems financially can't take this. Some had started trading but later on, they also just quit that because of a lack of financial support.
There is no guarantee with trading to make profit and because of that, making borrowing or taking loan to use for trade is not advisable. It is better to save up money to use for trade so you don't trade under pressure. Trading with the mindset of being indoubted to loan can get you to lose more because you will make irrational and fast decision to repay such doubt. It is not a good idea to get a loan for trading, trading is highly risky. |
|
|
|
I definitely agree. Governmnets do look like a bit of a backwards because mainly its filled with old people. Look around the world and "most" leaders are over 60 years old. Of course there are some exceptions but most of them are, in fact most of them are closer or over 70 then 60. Sure some people like Macron or Justin could be under by a clear margin, but I meant most, not all. So those old people do not get it, they barely got used to smart phone era, let alone try to figure out what is crypto and how it should be approached. Which leaves us with one thing, they either will be advised by someone who is against crypto, and that would be bad, or be advised by someone supporting it and be great for us.
I think yes with your analysis of old people in government as leaders apart from Macron the French president, the most are 60 and above and so they have ideas of a little backward not same with youths idea. For example the smart phones are more in use by the young people and technologies too. The numbers of cryptocurrency traders is very much high in youths and the government promising to provide jobs but no reality on that yet they ban cryptocurrency investment or trading. |
|
|
|
In the past days I was able trade properly and make profit, the market has been pump and dump during this conflict between Russia and Ukraine, I can still see opportunity if the situation becomes worst. Trading are more profitable if the whole market are active, try to analyze first before doing your trades and see your winning trade.
This just proves that trading will always be profitable no matter how unstable the market is. But only for those skilled traders as they always know when to take advantage of every market's condition. As for me, i have gained fair share of profits these days and some sort of losses. But i believed once the market will be more stable, it will easy for us to trade and we can do good market analysis from all its technical indicators. Just always analyze the market first before deciding to trade. Yes I believe every time is good for profit but it is not for everybody to make profit. When there is bull there is also bear and if you are patient enough to do a proper analysis of the direction of price, surely it will be easy profit. It shows we need more knowledge of the market and not just to jump in all the time. It is risky not to analyse the charts very well before taking a trade order. |
|
|
|
I use MA, RSI, VOLUME, PRICE as my indicators, they are effective so far and I’m planning to use more combinations of indicators depends on my target timeline, having these kind of strategy can lessen your worries about your trades.
To cluster your table with plenty indicators can confuse you in trading. Like the example of putting so much tools in your bag and you can't get hold of it when you need it. Moving average and RSI are good but you have to differentiate the two because they look alike. Price action is also to direct on the price level. |
|
|
|
The profit comes, the loss comes. It is always like that. During the war, that happened to me as the market continued up and down. It is normal if you can get profit this day, but you lose some money in the next days. My trading is not too often during this time as I am aware of the market situations but still, I can buy some at a low price and sell them when they increase. I am trying to do fast action and not wait for the next high price, especially if the market moves not good and if that happens, I prefer to leave the market.
Is not a steady movement with price this time around. Is wiser being careful about this time, is like short bull and short sell. This kind of trend is capable of wiping you out. Scalping on it can be better but again is risky not to be stock inside. I don't think rushing into the market this time around is advisable. |
|
|
|
|
Show Posts
