So sad that even crypto is already been known by more people now. There are still who forget to do some homework before taking their money inside this venue of investment. Hype coin will always trigger those newcomers and greed investors. sorry to say that they lost because of joining with the meme/hype project, which is now being abandoned by his scam creator.
obviously most of the hype coin in the market came from those popular names around the internet so it's not surprising newcomer will going crazy on it and reason as well mostly people behind such hype project still using the same way everytime just to gain massive profits in just short period of time because its always very effective.. actually i saw that coin last couple of days and it really flying but now seems already dead. There's alot of victim for sure.. Lol
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Well done guys you all have good PNL not the same with mine. Lol but i know it's about time and i need more experience to fix all things in trading field. But as a small trader when i saw such good history of traders it always give me a motivation to keep pushing wherein in order to have a good win rate as well .. someday i hope there will be a good improvement on my trades because i really want to make records just to show it to my friends that trading isn't the way what they think..
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Fantom is really a good project so perhaps there's a possibility it will be listed as a top crypto in the future.. Indeed within the month of October it showing good performance as well along with some of the optimistic coins in the market such NEAR, ALGO, DOT, ADA, SOL and etc. So i believe it will keep going next year and there's a chance that will be listed to the top 15 crypto without knowing. .
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It depends i guess, but you know burning always make changes on the project and yes it is not possible to happen in ethereum since this is the most trusted crypto in the market , actually my concern here is the fees as it's the common problem with ETH nowadays and i believe there will be an impact after this event, i mean it will decrease while the price keep surging in my personal opinion..
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I hope bitcoin will go up more before this year end so that those people will not cry afterwards.. Lol because you know bitcoin seems not yet done seeking for strong support level at this moment in my view, i mean there's a chance it will attempt or restest those supports below the current price, and for sure if holders sees a strong bearish sign of course there will be a panic selling like what always happen. I hope not 420 BTC?. that's massive!.
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Clearly that new token that based on the squidgame movie is for hype only, i saw that token really flying like unstoppable but i know it won't last, but yep it's very unfair because i missed the opportunity from it to gain quick profits, just imagine it was listed only in few exchanges not yet on binance but how the way it jumped to the highest price in just short period of time is really amazing..but at this point for sure it will end up like that.. I mean it's now in the critical situation. i will never ride on it unless if it show a potential especially for quick profits. Lol
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I don't want to suggest buying a lot of coins because gas costs are a consideration at this time, especially if we buy ethereum-based tokens then for the transaction fee it needs at least $30, I recommend buying cheap coins based on BSC and in pancake swap there are many choices, but some I recommend are King Shiba, Kuma Inu and TRON.
Perhaps it depends on the leverage of the coin..but you know we can used exchanges instead of using our owned wallet wherein if we really want to accumulate different types of token in order to have a good return in the future as well and for me binance platform is the most reliable place since it has lower fees nowadays especially when it comes BSC.. If you have problem with ERC20 fees then swap it to BEP20 there's no problem with it as long as you're using exchange..
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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.
yep i agree with you mate, both have respective advantages, although they're almost the same but how people can easily makes profits from it is the only thing that makes them different, there is a short term investment but not the same with trading because every day you can get massive returns from it especially if you're very knowledgeable how it really works,unlike investment that you need to wait for weeks and without doing anything you can get profits wherein you don't need to study the market very hard like what traders doing.
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Metaverse season is here boys, I was expecting this after Facebook announced switching to meta, every god damn meta coins are pumping hahaha and the polka young brothers like polkacity, how long will this keep up? Do you think metaverse is a reality or a dream that will fade in time?
all the hype in the market didn't last mate, that's the fact wherein its because there's a lot of emerging good projects nowadays in the space, so i suggest don't expect too much from it, better to ride the trend than investing long term because you don't know what will be the results afterwards, stop riding the fomo it won't help.. Make more research instead..
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40% of all Bitcoins are owned by just 1000 individuals.
This gives them a disproportionate amount of control over the market as they are able to dump them at anytime.
This is not to mention the high proportion of bitcoins held by miners and exchanges, who may have perverse incentives to ensure that as many people buy up bitcoin as possible and hold it for long enough for the price to rise.
Is there any way to deal with the high degree of centralisation that Bitcoin has?
no one can stop whales from dumping especially if the price is really too high. For me the best things to do on it is to ride what they're doing, i mean when you see a strong uptrend buy if you're not late then when you see a small fluctuation always execute your take profit strategy, then wait for confirmation to buy again if it will continue to rise, if not then don't ever place another order from it because surely it will make more correction.. Whales always make hype when they see it's crowded but if not, expect there will be a massive correction that can lead you to a massive losses as well. So be smart because no one can really predict when whales gonna manipulate the market it's very unpredictable to be honest..
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I never heard such stuff, but perhaps a very useful method to let every traders knows that market is so volatile to trade especially those wants to gain quick profits in the market, it's a big advantage in my opinion . But i'll wait someone make experiment on that thing because to be honest I'm still very confused how it will really works even though i already read those inputs above. Lol I'll keep visiting this thread to obtain more information information in the future.. Thanks mate!.
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Well it always happened very often when bitcoin really surging, i mean there are some holders that jump out especially if their traget price already reached just to prevent massive correction ahead, and of course those day traders that's why there's always an impact in the market.. But i think no need to worry on this situation because for sure it will continually making good performance as it still above and not showing negative sign.. It is just a correction probably like what always happen before breaking new all time high value.
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There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.
I am sure there are way more buyers of the tokens than there are users!
as of now i don't have NFT's since riding hype is my priority and dump afterwards. Maybe only long term investors can keep NFT's because these projects is really amazing and very optimistic wherein there's a high possibility they will skyrocketed and breaks new all time high without knowing..indeed this year they're really showing good performance so for sure next year there's more opportunities from it. But for me as a day trader, not now maybe soon..
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Yes of course it is good plan, for successful trading you must have experience and idea about trading. If you do not know about trading then it is not easy to take profit in trading. To take advantage from trading you must know about trading. Learning is everything. If you do not have any idea about trading and get start trading then obviously you will loss. So try to learn before starting.
always refer them which way where they can easily learn trading.. Because it's useless if you're just saying something but pointless, i mean you said a hundred words but they cannot get what your trying to say. Lol .. It's always good to emphasize everything so that they all know what will be the steps to adopt trading.. For me these steps will be the right guide for newbies. °read some information around the internet what is the most important to remember when it comes trading especially when it comes crypto trading and the advantages and disadvantages of course. °create a demo account and watch some tutorials in youtube. follow what their doing and make a list for the import things to remember.. °for indicators.. Learn it one by one but make sure those indicators are very useful, make research and put it on you list.. ° "practice makes perfect" . So make it as your priority And lastly always invest time to gain more information.. I mean if you already done those steps don't stop and keep obtaining knowledge, so that you can build more strategy and you can prevent doing mistakes in the future..
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I'm a day trader and i preferred to make an exit if i saw there's already a good profits not hilding because it's quite skeptical for me in my views. But yes i believe some alts will gonna explode before this year end since bitcoin already done breaking ATH.. And i would like to share my list right here.. ANKR MANA SHIB and last but not the least SAND.. Because i see these coin really making good performance and for sure they will continually making good results before this year end.
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For sure the fees will be so heavy if they sell bitcoin, and just imagine people will come very often just to buy bitcoin but you can get a small of profits from it, wherein unlike holding you can really make good returns.. Seems a big mistake decision.. I prefer to hold no matter what than sell my bitcoin. because you know it's totally a waste of time, if their purpose is to spread bitcoin all over thd country will it's a good idea but what benefits what you can get from selling?
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Well obviously trx nowadays became stagnant after trying to make a break out the support and at this moment still at the zone wherein not showing a potential to climb back to the current all time high value . For me in my view it will stay where it is right now, i mean it will always fluctuate on its side lines until this year end if it didn't show a positive sign. Fyi its been weeks actually since it become stuck up from the current support and resistance probably it's s good only for gaining quick profits..
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If we will gonna use a large time frame we will see that it has a chance to reach that value. But remember it's for long term only wherein it's impossible to happen for shorting, unless if alts season will occur since bitcoin is done and now seeking for strong support.. Indeed ethereum now seems showing ups wherien very different what bitcoin performing now in the market. So let's just hope ethereum will obtain more attention on this situation in order for it to reach that value or to break new all time high before this year ends.
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I'm not familiar with some of those coin you listed above maybe a new token? Sorry for that .. But of course i know SLP and actually i've been making profits from it when it was making hype, so perhaps still a best choice when it comes shorting, infact it's now at the current support level.. so if i were you better to keep on eye on it, i mean set all your useful indicators so that you can cope to buy asap before it goes back to the current resistance because you know usually this kind of project always skyrocketed after showing a break out.. so you must be ready..
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As newbie I have not bothered about the profit that I have missed taking out just because that I believe another profit will fill up for me. I have been on this for some time but with my growing knowledge in the trading business, I now seeing it differently that the profit I didn't take was gone and another profit that got filled is a different profit entirely which means I may have been made more of profit in the account and lesser losses. Lately therefore I take profit as it comes and this has worked for my trading experience. It is not scalping if you see your profit going down the pit. What way do you take your profit ? Or you feel the regained profit is same profit that you lost it's always good to take profits when you see its enough profits in just a short period of time, because to be honest based on my experience you will end up losses wherein if you will expect too much from the hype of the market, it's totally not really safe especially for day traders. So much better to take what profits you already made from it than waiting for it to be vanished and forced you to keep holding which is a bad idea. We need to be smart on this kind of market thats what i can say.
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