So, you are a member of a pump and dump group who manipulating the price of altcoins and then shill your group here to attract members to join you and at the end the only one gaining here is you and not the members.
This is actually an old strategy, I mean traders tend to know how to trade and earn profits by exchanging btc to altcoins and vice versa. And this kind of schemes eventually been known by many thus they are already avoiding this kind of act as it was just profitable at first then will convince you to upgrade your membership and at thr end, will give you wrong signal and infos.
These kind of groups will target low market cap coins so they can manipulate the prices but it involves lot of money and chances of making profit is also unclear so I won't suggest any groups which are dumping and bumping even if it gives legitimate signals. We can't trust with group like this because they always recommendation for other buying coin but he self is selling coin but when he sell some coin on exchange market he ask at the group for member to buy, I have found with many channel discussion group always give information when coin have higher price to buy and selling after coin have down. This is somewhat unreliable group who tried to boost the advertised coin in a private chats or groups. As per reading the idea about it, I am not having good thoughts over it due to under clarification of things going on. Unfortunately, selling bitcoin for an alt was not profitable by now, so always choose bitcoin while you're not yet established. Actually these groups first invest in a coin and then they want someone to buy their sell orders for that they collect a group and give them the signal to buy that particular coin and so their coin is sold according to their preferred price giving them a profit and then no one knows that when will be the coin rise again. Right now there is a condition that all coins are set to a lower value so no matter which coin we collect they will get a value in the future. |
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A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.
A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
The main problem they face is the ignorance and unawareness, many traders do not get their targeted success of because of these issues and in the result they get disappointed and leave the trading while those who have the knowledge and awareness about trade they do not lose they rade, they do not face any security issue, any risk and none of the scammer can scam him. |
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I only trade only for a week or a momth because i am only a long term trader, which i don't do any daily trades because it is really difficult and a huge risk, even you may earn much huger profit because it is also difficult to manage your trades, especially if you have work that you don't know what will you do first.
It is right that nowadays daily trades are very harder to do and we have to do long term trades as you mentioned that you are doing weekly holding or monthly holding but in crypto I cannot estimate that for how much time we have to hold a coin in which I invest and I think not all of the traders can find from the beginning because coins take different periods to enable us to be in profit. If we look at the profit and hold till we get the profit then it will be better trade for us. |
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As long as people realize the reality of trading is not to get rich quick or be a super wealthy person over night, there will be success. Trading is something you do constantly to get a small amount of profit and do it constantly for 365 days a year in order to actually reach to a level that is acceptable but not super high. If you actually trade 50 weeks a year for 5 days a week for 8 hours a day and finish the year with 20% that is good, if you finish anything under that is a bit difficult but if you try to finish with 100%+ you will instead lose all your money and not make any. People do not realize how hard it is to have a 20% average profit every year for years, if you can put a certain amount of money (doesn't have to be a million dollars but should be 100 bucks neither) and trade it with 20% per year then you would leave your child an amazing life after 50 years of doing that. That is what people should aim at but unfortunately they miss that point. Unfortunately there are newbies who's been hype by people who frequently post their winnings on tradings that's why we can see some of them trying their luck to win some richest out from it. And actually it's really good to realize how struggling to earn 20% yearly but we are on tradings men common we can actually earn that but in proper discipline and if people learns to be patience on the next market move aswell on how to defy their emotions provably a 100% yearly is super possible. But there is also the fault of other traders to stuck the newbie in trade without training them well. I saw a number of traders who invest in some coins and then they convince other people to invest in that coin and in that they get success when they try to convince the newbie showing their profit in that coin. Many times it happens that these newbies invest in that coin and the result do not come the same as expected. |
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This is very challenging. Maybe it's possible to double your capital in two months but in ideal conditions in the market. To my opinion it's better to set some more modest goal that is easier to achieve and at the end you might not get disappointed and still you will earn some profit. Always have realistic and achievable goals, that is in trading very important.
Actually it was possible in the crypto and many have got that achievement in the past so after that experience we cannot deny that possibility that anyone can double their capital in two months if they invest in crypto but it depends on the timing of the crypto market and it may possible in the coming year because in the coming year we will see a number of great events for the crypto world which will give a bigger boost to the crypto market and investment in it. |
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Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.
And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.
To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it. If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history. |
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ways that can be considered to get crypto while sleeping, but actually it is very difficult to implement because all require large capital, with a small capital may be able to get a small profit, except the purpose is only to make a profit even though it is small.
But all of the bigger investors have started their business from a small investment and from a small profit. There are much little people in the world who got a huge capital from their ancestors to take a big start. I also favor the small step as one of the benefit is that if the person fail in that step then he do not remain with nothing in his hands and the other benefit is that if that person from that step get success then his roots remain much stronger for lifetime. |
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I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC pairing during bull market or USDT pairing in bear market? I need a suggestion from community.
On this bearish market it's better to trade with BTC pair because we have to collect btc as many as we could and if the price of btc rising, we'll have double profits from btc and from the btc pair that we trade alts before. But if btc price is going down, don't worry we'll not losing any BTC and just wait for the BTC rising because in a long run btc must be higher than right now. It is right that in this time we have to collect BTC as much as possible but it is also not wrong that in this bearish market not everyone can trade because in this market only much expert traders can make some amount as they know what to do at what position of the price, therefor if someone is not much expert then they have to just hold their coins and wait for the best time. |
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I was searching for places to trade some crypto when I found this place called OKEx. From what I can tell it is a Malta-based company that focuses on trading crypto worldwide and it really looks legit. So far you can look at all the hottest crypto that is currently being traded in real-time and they also give detailed information such as graphs that show the best time to trade some crypto. However, you can only trade in USD, but that won’t be a big deal in most places. In the beginning, I was skeptical about whether such a platform would work since it was very obscure and I only found it as when I was searching for places to trade crypto. So far it works and I am reaping the benefits. I really appreciate the features of seeing the information on graphs in real-time as I can see what moment is the best time to trade in a day. To sum it all up OKEx is a really amazing place to trade crypto and it’s services really serve me well as a person starting to trade crypto. I would highly recommend it, here is a link to their site: https://www.okex.com/. Good luck fellow traders. For trading try to use those places where you are aware or one of your friend or family member have experience on there because anyone can create an exchange and can scam you. One of my friend started trade on a new exchange and on there she lost a half bitcoin when they created a hack drama and announced that they cannot pay the users and exit their site. That was my suggestion to you and other crypto users. For Okex I will say that it is a good exchange and I have traded on there and not found any issue there. You can trade there you may also not find any issue there but whenever you will like to try a new exchange try to do full research about that exchange first and read all reviews about that exchange on google. |
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Long-term holding simply won't make a profit with starting capital of $50 unless you find the next ETH, which won't happen. Short-term swing and day trading will be your best bet, but you'll need to make sure you develop a strategy that doesn't take large risks and exits positions if you're trending towards a big loss.
I favor your point of view it is better to choose for the day trade and to increase that amount with the passage of time but if someone will want a long term trade and will like to spend that in a single coin and wait for longer then it is possible that he earn a great profit as in 2016 I earned a $30 in a marketing campaign and I left that amount in an altcoin and after waiting for an year I sold that coins for $2500 in the end of 2017. That was a great profit for me. |
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bitcoin volatility will decrease when it reaches the max supply and it is still very long.
at least from the annual chart that we see even though the value is very unstable, but shows a significant increase.
yes even though the chart dropped dramatically after a severe dump in early 2018 but bitcoin is starting to show an increase again.
No the volatility do not decrease with a maximum supply because it has nothing to do with the volatility but the main thing which will affect the volatility will be the mass adoption. When majority of people will buy bitcoin and they will not sell their coins then the price of it will continuously increase and will reach to a higher value and a stage will come when bitcoin will reach to a good stability but the fluctuation will still be there in the price of bitcoin. |
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the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
^ I may suggest you read and watch video tutorials regarding trading online. Day trading is very risky and that is very hard to gain profit. If you dont know it very well how to do that's the time for you to do research. Also the most important you have also these, fundamental and technical analysis which gives you the right timing in trading. Because that needs a perfect timing when to enter the market and the buy and sell point. For getting the knowledge and for the guidelines if he will join any academy or will get tuition from any expert trader which will be available to him physically then he will become expert sooner. I was also getting the knowledge from some videos and from there I learned but when one of my friend came to me and he trained me about all the tricks and tactics about trading then I became more expert within a shortest time period. |
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First, the population of the country that decides to implement cryptocurrencies as a new asset. They should be educated on how to use it because from the beginning it is long learning. The use of cryptocurrencies as we all know requires discipline and knowledge is the main thing to that adoption of the new asset to work and not cause disinterest.
The country should improve telecommunications systems throughout the urban territory. For the good and efficient use of the necessary equipment such as smartphones, Wifi among others. I believe that it will certainly bring more advantages than disadvantages if a good marketing study is carried out and that it has an excellent team of developers who create advanced technology financial products and services.
All of these development will be adopted easily when the states decide to adopt bitcoin or any other cryptocurrency for their citizens. The states can educate their citizens and can transform their banking system to blockchain technology. For a state it is not hard to improve their system according to the new system. All they need to study this technology and to adopt it for their country. |
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I don't think that the small businesses are ready for doing business and accepting cryptocurrency as a mode of payment. They are called small business since they don't have too much traffic in their business and they have a small cash flow in their business so accepting cryptocurrency is not a good idea because they will lose some money if they will do it because they need to pay fees when they wanted to move their cryptocurrency to cash.
Only those will not accept crypto for their small businesses who will not know about the future and the enthusiasm of the users of crypto currencies. Because if they will adopt cryptocurrencies for their small businesses then all of the crypto users will start to use their services and after that their small businesses will not be small but they will grow to become international business. |
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Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things
You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job. However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly. Well, it’s all about the trader but I think instead of making trading as a single way of earning we should use it as an additional way to make money so we will be able to earn more money from trading. If you think that you are expert enough to make money from day trading then you can start day trading but for new traders long term trading is suitable. If someone want to do their trading as additional to their other profession then better option for them is long term trading because if someone will do day trade then he will need to spend a longer time of the day waiting for the coins going up and down. I have experience in day trade that is why I know that if you will not spend the whole day then you will miss a number of opportunities in your trade. |
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the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
Please can you answer me why do you trade daily? The more you trade, the more difficult it will be for you to achieve desired plan. You don't have to dig daily for unpredictable deals, better to catch and use best moments rather than every moment. Also every time during trading you have to remember that if you profit that's because someone loses, you have to be smarter than your opponents cause all of you have one goal and that's profit. But I do not think that if someone will win then other will lose because when all of us will put our money in any asset then the price of it rises and all of them earn the profit so in that case it is not better that we all dump as if we all will dump then many will lose while better option is that we stay with that coin for longer and when it get a strength in the market then after that we sell our coin this way the coin will not lose the value immediately. |
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I know that it may be impossible to trade with $50 capital because it is a very low You must think positive. You have $50 and the bitcoin price is $7250. you can buy now and sell when the price reaches $13000- $14000. then wait for the price to fall to $9000 and buy again and sell When the price reaches $16000 - $18000 for example. and wait the price to fall to buy again, repeat this process for a long time that you will turn your $50 into more money. Just imagine that if you bought when the price was $3000 and sold when the price reached $ 12000 you would make $ 200 profit and then buy back now at $7000 and wait the price to reach $14000 to double $200. I'm saying this so you can see that you can turn that $50 into more money I think you are suggesting to him for long term trade which many traders are doing when they have a bigger investment in bitcoin but besides that short term or day trading is also possible in bitcoin. For short term trading the trader have to join a highest volume bitcoin trading exchange and have to buy and sell bitcoin in continuous fluctuation of the price. In this type of trade he will not wait for longer but he can get profit on each sale. |
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I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold. Even if bitcoin outperforms gold that is fine. It's always good to diversify so that you limit your downside risk in your overall financial portfolio
It is right to diversify our investment but in gold I do not think there is further profit as the value of gold increases much slower and we the crypto users now wanted to get high profit as from the beginning we are getting high profit in bitcoin. I know the future of bitcoin and because of that I am try to invest most of my money in bitcoin. I not spend only that amount in bitcoin which I need for my daily needs and for my family. |
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I did not wonder how much I will have bitcoins. For me, there is a component that investing in bitcoin makes rewards, thereby increasing capital.
If you continue with the same logic, more bitcoins will bring more reward in the end. And with what reward would you be satisfied? Question is about that, how much bitcoin will be enough for you to stop working for them and just wait for the price rise. Some say just couple will be enough due limited supply of bitcoins just 21 minus lost one. But probably the more you have, higher reward will be when price rise and for sure that will be enough to satisfy you. I don’t think so people as such wonder about the number of bitcoin that they shall have in their wallets because one complete bitcoin is too hard to buy. Bitcoin is the most expensive of the ever crypto currencies launched in the world of crypto market. This is well great to make plans for the number of bitcoin one shall have for secure and financial life. I don’t think so any number of bitcoin is sufficient for a man. With increase in income, expenses increase too. One bitcoin nowadays is really hard to buy but we can start to earn that with our skills and other services and offers which can make a good amount for us and if this income is started then we do not have to think for a limited amount or a number but we have to continue our hard work and have to think for the unlimited amount of bitcoin. As if we work hard then we can make any amount of money we want. |
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what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
if the coin you bought is go down, maybe learn strategy when that is happen will be good. You can hold it, simple way but need really patience. Or you can do martingale with buy more coin in cheaper price, so you only need price between you bought first and second to make your capital back. Sometime that thing really works as long you really prepare your capital, not buy with all your capital in one trading activity. Martingale is better but sometimes we do not have money to buy more or it feels hard to buy that coin more in which we lose money. In case of lose we can either wait for the good time or if we see another coin going green then we can convert our money to that coin and after getting the expected profit we again put our money to the coin for the value of which we are waiting. |
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