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1501  Economy / Speculation / Re: Always have an exit strategy on: February 06, 2022, 06:46:15 AM
I think for long-term investors the exit strategy is not a wise choice when the bitcoin price correction is taking place as it is today. If you believe in bitcoin fundamentals over the long term, a bitcoin correction as it is today is normal and healthy. Instead of complaining that the bitcoin price correction is very deep, you can actually use it to buy at a low price.

Going away from dip by exiting isn't a bad strategy to cut off from lose because you don't know how far it can dip. So staying outside is another trading pattern that can allow you buy and start up afresh when the correction is done. That type of pattern will guarantee profit taken from top and profit sweeping from below.
1502  Economy / Economics / Re: Bitcoin from the economic perspective on: February 05, 2022, 07:25:47 PM
the economic benefit bitcoin as an approved currency in a country is way more than the disadvantages of Bitcoin to an economy but what the government in scared is the decentralization of the financial system.


What you are even saying is the future benefit that are yet to be seen and for the countries who are banning bitcoin , their excuse will be no benefit so far currently. But few countries that are open to freedom in all human life has seen bitcoin to have a financial freedom. They are not struggling with control yet but the intrinsic value of bitcoin.
1503  Economy / Trading Discussion / Re: Are trading platforms useful? on: February 05, 2022, 06:02:11 PM
Trading currencies has never been as fun and accessible as currently. in contrast to before, once you required a broker to trade currencies, on-line trading platforms enable you to try and do it by yourself. Not solely that, the trading platforms modify you to become a stronger merchandiser.

Online trading really helps the trader to develop it own personal skills to trade. You can fall many times though because you are trying to develop yourself but you will rise with time because you are making the mistake by yourself and understand yourself better. Every aspect of online trading is about to develop the trader and emotional stand also.
1504  Alternate cryptocurrencies / Altcoin Discussion / Re: Poverty is here on: February 05, 2022, 02:57:14 PM

Real solution is new currency urgently but not btc as limited supply will create more wealth gaps.

Xlm stellar could be good one

How come you are over taking bitcoin by yourself and replacing it with Xlm stellar ? Or are you an agent of stellar ? Haha. You had a good thought but introduced a wrong direction of advert. I'm sure everyone would agree that things are very difficult and even people born with silver spoon in their mouth are complaining. Working physically hard is not the solution to get rich these days but to have a good strategic futuristic plan and bitcoin is the most guarantee coin to invest on not Xlm stellar.
1505  Economy / Trading Discussion / Re: Bitcoin & Crypto everyday market analysis. on: February 05, 2022, 02:24:46 PM
I think the resistance level is what should be looked at now as important to the price. Last week ending was on up side above $40k and approached  $41k plus, meaning it has bounced off the support at $40k and the next hold should be around $45k before if a retest of support will happen or not.
1506  Economy / Trading Discussion / Re: Target Price Methodology on: February 05, 2022, 07:45:46 AM
I need to have control. Therefore, it is important to follow a suitable target price methodology for buying or selling any asset.

It is nice to have control of our marketing strategy and that our price. If you don't have such control and allow emotions to take over our decision, it means we will keep going up and down profit and losses. The problem with trade is trying to make all the wealth at same trade and forgetting that we need to set a realistic target. Such realistic target gets us gradually into the big picture. Riding the market easily and gradually is the best and not to rush.
1507  Economy / Trading Discussion / Re: Comparison of Bitcoin price fluctuations with other coins. on: February 04, 2022, 05:20:27 PM

whenever the price of bitcoin increases a lot, the price of altcoin also increases much more than bitcoin and this makes buying altcoin very profitable

But you don't think that it is the volume of unit of altcoins acquired that plays a fast one like the profit are much for altcoins. This is what I think, altcoins are cheaper and acquired in huge unit this makes it look like it is too much in profit. Example you won't compare the volatility of a million coin in your wallet and 5 btc in your wallet also. That of altcoins volatility will be higher.
1508  Economy / Trading Discussion / Re: The market is confusing on: February 04, 2022, 04:51:25 PM

A confusing market also tells us that deep manipulation is not happening. There might be whales who does it but not in such heavy portion like this type of bear.

This is likely true. It shows free market for every player to interact and make profit or loss but definitely not on just one direction, it floats rotates from one side to another side. This kind of market can bring you back to profit easily because it won't eat you deep into your losses before coming back. It usually closes with the opening price.
1509  Economy / Trading Discussion / Re: The market is confusing on: February 04, 2022, 01:17:06 PM
Going back and forth is very tiring, unless you're scalping, I think the best is to not trade, like the saying that says "Not trading is also a trading" I hope the market bounces back as soon as possible.

Lol you don't stop trading just because the market is on a direction but because you don't get it rightly if your plan or strategy and then you can take a break to return to it later. The market will not give you all guarantee trades and when it does that too it will first push you to another level before drawing back to your profit and that is the time spiking usually happens. Using stop loss won't allow all your capital to be lost.
1510  Economy / Trading Discussion / Re: Forex brokers with Bitcoin as funding option on: February 03, 2022, 07:39:31 PM
I will suggest you give us review of those platforms you listed or link for interested people to research on them for trust sake. It is not just to list brokers accepting bitcoin deposit but how trustworthy are they in every aspect of trading plus manipulation or withdrawal. It is a sensitive post that you have made and I hope newbies won't start patronising them but won't be able to withdraw profit. Trading is about our capital involved and we have to be careful whose custody we keep it. Accepting bitcoin is not just what matters as far brokers is the issue.

I really appreciate your concern and I know how hard it can be when you can’t withdraw your profits. You not only lose money but your precious time and efforts also. All these brokers that I’ve mentioned are low deposit brokers and offer micro lots. In case of any doubt, one can test them by withdrawing small profits initially. If you find anything fishy you can always step back.


This is not about micro lots or small deposit to test run. I doubt if every trading broker don't provide same. All brokers operate same aay regarding trading tools except with very minor difference. Well you have said withdrawal are not problem depending on the individual to do there own research before transferring money.
1511  Economy / Trading Discussion / Re: Weekly Forecast The Best Forex Broker on: February 03, 2022, 07:00:13 PM

GOLD
what next for GOLD one, the next wave is towards the upside so all of you get in the sell take partial profits 70 to 80 percent off and leave the rest at break even if you are happy with the profits close your trade and wait for the next setup.


Maybe you can also consider Gold and silver paired with USD separately. These pairs are highly volatile more than the currency . It can be compared to btc paired with USD also. Some traders like highly volatile trade because it is fast and very highly volatile. However the speed of volatility for profit is also how the losses will show. Grin
1512  Economy / Trading Discussion / Re: The market is confusing on: February 02, 2022, 06:12:17 PM
some choices I have made are influenced by my colleagues, family and partners in businesses. I have been in this circle of decision makers and never I have regretted joining them. It is up to you to hear them or you single handedly do it.

Truly if you find support and encouragement from friends and family, you can be strong to get up anytime you fall and the best part of it is finding partners in the trading business who are really good and you all can trade and investment rightly. If you have good traders who will guide you then the market is not confusing however it is always a learning process.
1513  Economy / Trading Discussion / Re: Forex brokers with Bitcoin as funding option on: February 02, 2022, 09:38:19 AM
I will suggest you give us review of those platforms you listed or link for interested people to research on them for trust sake. It is not just to list brokers accepting bitcoin deposit but how trustworthy are they in every aspect of trading plus manipulation or withdrawal. It is a sensitive post that you have made and I hope newbies won't start patronising them but won't be able to withdraw profit. Trading is about our capital involved and we have to be careful whose custody we keep it. Accepting bitcoin is not just what matters as far brokers is the issue.
1514  Economy / Trading Discussion / Re: Continuously Loosing money in Trading!!!! on: February 02, 2022, 08:22:12 AM

Actually there's a lot of factor but it shouldn't not affect your trading.

There are factors that can really prevent a trader from making profit and that includes fear. Fear of losing is a big problem with trading. Having the fear of losing your money but at the end you still lose it. Another factor is bad sentiment. Sentiment is not always bad for market but if you always having no good sentiment always is bad trading.
Lack of confidence in your trading plan or strategy. This is important. We have to believe in our plans to make profit. Some times the market will revert to our position but because we are not confident enough we exit but to come back and see it responding to our initial plan
1515  Economy / Trading Discussion / Re: Tradig Course - Beginner on: February 01, 2022, 08:48:43 PM

If you have no time, I think you should start with spot trading rather than going for the leverage. That's probably the first mistake that you should try to accept and you'll eventually get better.

I think also this is what you have to do if you don't have time. Trading needs time to learn and you need some real practice not just reading compressed work or write up. It is important to you to make yourself available for what you want to benefit from. It is good that cryptocurrency trading is every day so maybe you can schedule your weekend for your trade and learning.
1516  Economy / Trading Discussion / Re: Best strategy for crypto trading on: January 30, 2022, 09:22:43 PM
The best way to trade is to follow the the ways others are doing. Following the trend that is and to follow the trend you can follow the group or community of the coin you are trading on. Sometimes the group decide to pump the coins and you see everyone going for buy and other times the are dumping. You can also by yourself monitoring the movement of bitcoin because that also drives altcoins market.

I disagree, you're likely to end up losing more than you will profit. Nothing good comes out of pumps and dumps. It has been observed that only the organizers and probably close peers profit from this scammy activities. You as a noobs probably will just be buying the top and later get dumped on. Avoid hype entirely as this same scenario occurs too. Take a good look at the coins that were hyped last year, they all are at a low price currently and most likely won't increase in value again or to the price they were few months back.
.

I didn't just say pump and dump group , among other things said I was referring to following the trend. As for now that the trend is still on bear or during bear the best is to sell and when it is looking bullish, then it is to buy. Of course there are pump and dump groups that will only do a disclosure to few people in the group. We need to be careful anyway.


Best trading strategy has to do with you developing a system that works for you, I can't give you mine because it might not be productive for you either due to your financial status or lacking the skills to execute it. While you can learn from others strategy don't go try to be them, not everyone should be day trading etc

Every trader should have a different trading pattern. That trading pattern is hard to readjust. Perhaps if you give me your pattern it may be difficult to readjust on but throw it anyway  Grin
1517  Economy / Trading Discussion / Re: Don't be wiser than the market on: January 30, 2022, 04:56:22 PM
More like don't be greedy, I don't see how being wiser than the market is going to be any bad for someone. Wisdom is literally a higher form of intelligence so I don't see how wrong would it be for someone to be wiser. I mean what could you possibly do in that situation though? Would you get less wiser?

Yeah that is part of my point. You have to be wiser than the market and that is the way you can defeat it for your profit taking. Knowing when the market will drop and staying out of it is being wiser as you won't lose out your capital and if you figure a winning position to trade and jump in for profit is being wiser and not being selfish. If you are selfish it means you are being greedy obviously not the way to trade.
1518  Economy / Economics / Re: 02/02/2022 :( on: January 30, 2022, 03:32:36 PM
Quote
The coronavirus pandemic has accelerated the adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company’s segments, including computers, accessories and tablets.

I won't have to doubt this . The covid-19 pendamic protective protocols have really favoured some companies which Apple is number benefactor.

From your link above, you see much performance by Apple in there sales. Smart phones are in high demand, computers and other social communicating equipment and Apple is at the front of it all, the iPhones despite there high price are in good demand.
1519  Economy / Speculation / Re: Good time to buy? on: January 30, 2022, 01:19:57 PM
I think the spike around $32k has caused some slow down in the bear. As to when exactly to go back to hodl depends on the believe of the hodler looking at the surrounding factor and one is if bitcoin at this point can drop below $30k and if the bull is going to resume anytime soon. But majority of the speculation have started thinking price is going to start improving.
1520  Economy / Trading Discussion / Re: Best strategy for crypto trading on: January 29, 2022, 06:14:18 PM
The best way to trade is to follow the the ways others are doing. Following the trend that is and to follow the trend you can follow the group or community of the coin you are trading on. Sometimes the group decide to pump the coins and you see everyone going for buy and other times the are dumping. You can also by yourself monitoring the movement of bitcoin because that also drives altcoins market.
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