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Interestingly, with limited assets in the form of btc, you don't have to worry too much about getting profits. it's just that you need to be patient for a while, or use it partially for trading ETH which has recently had a very tempting but sure movement.
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I've been curious about their leveraged BULL/BEAR tokens, which are similar to 3x ProShares UltraPro ETFs you find for commodities and stock indices. https://bitcointalk.org/index.php?topic=5226148.msg53847830#msg53847830Any idea about VPN policy? They don't allow US customers but Tier 1 verification (email/name/country) allows $2000 per day in withdrawals. That's good enough for me if I can squeak by behind a VPN. In this case the biggest problem on Binance Exchange is the limited number of transactions that can be made each day and that is what some traders from other countries also complain about. it's just that if you want to keep using a VPN in every transaction, it's also not a problem. if in terms of what FTX offers, of course it can make it easier for you to transact up to large withdrawal transactions. good luck |
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Some cases of loss according to them wrong analysis and rush to make decisions. Judging from the price movement of Crypto itself, many people speculate in trading, regardless of the analysis they have done before deciding to open buy. Actually there is nothing wrong in analyzing if the knowledge of the market is broad and already has skills in the market. Talking about profit, no one can guarantee, but the profit ratio is bigger if based on good analysis.
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Weekend is on different days in different countries. In my country weekend is Friday. So on Saturday and Sunday I am busy with my work. I have no special experience of weekend trading. However, I sometimes buy some coins when the market goes dip and sell only when there is a small profit.
Yes, not all countries have the same weekend. All crypto users are spread in all countries of the world. It is not easy to conclude that the weekend is a good day to trade. We only need to analyze the market, buy if there is a decline and sell if it is profitable. Don't make the weekend as the main reference, continue to study the market for the purpose of financial freedom. |
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Just curious, do any of you set stop losses and recollect again later? Or do you just HODL regardless of what the dip is.
Stop loss can't work effectively, and several stop loss events I've experienced resulted in losses without further consideration. In deciding trades I pursue profit targets. So holding is the last option I will do if there is a big decline. |
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If you say it is important for the development of the country, I think your statement is not objective, crypto as an investment vessel for the benefit of its users. If crypto can overcome the instability of a country, I think all countries in the world will use crypto and there is no country in the world that prohibits it. I can't say crypto will give negative value to countries that legalize it. Looking at crypto users, they get the positive side which is financial freedom. It is possible that crypto will have a better impact on everyone in the world if they continue to invest in it.
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If you have made a profit as you wish, for example you have made a profit of 25%, you should sell it. That's your chance, don't multiply your profits before you open sell. You have to open sell first, after that you have to re-analyze and start a new trade by folding profits as new capital. This is better than waiting for a big profit on the main trade.
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Greed will only end in regret, starting trading must be consistent with setting profit targets. Do not get carried away by emotions when market conditions suddenly drop drastically or when there are repeated pump. If we get profit with the initial target, then as a trader who is committed to trading, we must fulfill the initial goal. Do not let the trading results disappoint ourselves.
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Both have their respective advantages. And excellence is highly dependent on analysis and skills. In Investing, the profit we get is slower, while trading depends on skill and technicality in opening trades. If the trader is already a professional, they profit faster by trading. Both are equally profitable which distinguishes fast and slow in obtaining profits.
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Yes, of course a trader should not rush into trading. Actually it is very important to set a target in trading, when the target has not been reached then the last way is to hold it. As you explained is advice for all traders, rushing only makes us regret.
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Depending on your analytical skills, it is better to take a course for trading. This course will give you broader knowledge and skills in trading. Some courses are not provided for free, some are paid. The most important thing in following the course is the instructor, we must look for instructors who really have extensive knowledge.
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It is difficult for us to predict market conditions with certainty, but two factors that often occur are pumps and dumps. Both are often determined by support and resistance lines, when you find a support line in the market, the market will most likely go up. And vice versa with the resistance line. We get this skill by learning about support and resistance.
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Binance, OKB, Bitterex, not accept my citizenship, whats best alternative?
Most of the time I tarde BNB, BTC.
I want to trade 190K$.
Safety is number 1 Priority for me.
Low fee is number 2 Priority.
Guys my Citizenship is fkng Iran, I asked Binance support and guess what? They said not only they dont accept my KYC also they told me to leave Binance forever and they told me Im not allowed to use Binance even for small amount btc.
Indeed, not a few people are disappointed with some of the attitudes of Binance for its decision to reject the use of certain countries, but it is a very appropriate attitude according to them for several reasons such as prohibitions by certain countries not to give space to the Binance company to grow. For example, in Indonesia, some authorities firmly rejected Binance so that Binance's position in Indonesia had to leave, but the good news is because Binance is able to provide space for Indonesian users to continue to use it, even the company was able to survive, only the name of Binance was replaced by Tokocrypto for legality. from the above review i suspect from your country maybe closing the space for binance company. |
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I Am stock in-between the decision to trade and when to go on a break from trading, but I will like to have my capital on a stable trade and am considering using the stop lose features on the exchange to execute trades on my behalf while being away.
So have anyone used the stop lose the feature please share your experience.
Stop lose feature is indeed useful but only in stock exchange in my opinion since crypto market is really volatile it's better for me to watch it's movement by myself. I dont want just because some people dump my precious coin and by using the stop loss feature it will become my boomerang  when I read this topic for a moment I agree with you because the Stop-Lost feature is only available on stock exchanges and not on cryptocurrencies. After that I looked on Binance Exchange about the stop-lost feature and I found it very interesting to apply it to every trade to prevent big losses. even this feature is very helpful to keep the emotions of traders in seeing market price movements. |
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there is no regular profit percentage of each trade by the user himself. it's just that in the form of limiting the profit distance from each trade, maybe you can think so to maintain emotional stability so as not to panic in every price movement.
even if there is such a percentage you are in the broker's program so that you can clearly see what percentage of profit each trade is.
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we agree on 8 differences between stocks and crypto.
but when it comes to stable and profitable, I think therein lies the similarity, because when we talk about stability, stocks and crypto are unstable, so when we talk about profits, stocks and crypto are both profitable. it just depends on how comfortable you are with both.
but for those of me who hold crypto, I believe in crypto because so far I have never been disappointed with its development and I take care of all the analysis to feel comfortable in making a profit.
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I don't use analysis. but i use strategy.
There are three trading strategies that I use.
The first method that is generally used by traders is to stick to the values that we set ourselves to get limited profits when the market is rising.
the second way is short-term trading, of course, monitoring price movements on the exchange at any time.
the third way is to invest in the long term, ie within one month without paying attention to market movements.
Hope it is useful
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Maybe it's a weekly hit in your profit?
for me one week is a long time to trade, because in making profit without having to wait a week and you can see on the 16th of this month the price of BTC reached $62,600+ and that the market moved in one day. short isn't it and very effective.
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you need to know in terms of trading using long term methods, you don't hone your skills in analysis and you are just in the safe zone, generally looks fine but to get bigger profits you should also use short term methods like trading BNB which where every time the price movement on the exchange is very interesting to follow.
the combination of short-term and long-term methods depends on the crypto asset you are trading.
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Have ever used Gate.io exchange for crypto trading? I would be happy to share some thoughts and discuss the details, features, and services of this digital assets trading platform. Gate.io exchange was established in 2013 in China. Gate.io provides crypto-to-crypto exchanges and Yuan OTC trading services. Gate.io offers various trading pairs and altcoins. It also provides free-of-charge listing, margin lending, borrowing, and margin trading with leverage on cryptocurrencies. Supported CryptocurrenciesGate.io supports BTC, ETC, EOS, Tezos and its native Getechain Token and many other cryptocurrencies. Pros and Cons - Mobile App is available
- easy registration process
- Compatible with more than 200 cryptos
- IEO platform
- Users can access real time information on crypto markets
Cons: - Fiat deposits are supported
- Unregulated exchange
- The interface is not newbie friendly
To conclude, Gate.io is one of the top cryptocurrency trading platforms in the world. Gate.io is renowned for its trustworthiness and efficacy. Please also refer to Gate.io Exchange Review article for more information. I think there is one thing in the cons column that has not been listed, namely (the security level of the hacked exchange) with the fate of traders who suffered losses due to the GATE.IO exchange being hacked some time ago. maybe they have fixed it, but efforts to recover the losses of every trader who are victims to date have not been confirmed clearly. even seem too relaxed. |
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