It is very difficult for a newbie to decide whether this coin in which he/she is investing will pump or not? A professional trader can advise about it. Because he is in the market and he knows the coins that performs well when the market get stable.
So, buy a trading view monthly package for getting paid signals for every month. This will help you a lot about this thing.
According to the different types of investment, it depends on your risk. In this case, those who plan short term investment that would be more risky. Since the current market is not good, you must follow Long term Strategy. Long term is suitable for everyone who is experienced or inexperienced. Which can keep you risk free from this difficult situation. the initial intention to invest is to get good results as expected, but this should not be stuck with the investment time, to get it can happen sooner or later than we think. As long as you invest in the right coins, even beginners should be able to calm down in responding to market fluctuations. unfortunately many beginners want to invest in a short time and make a lot of profit, but in reality the bearish trend continues and there is a panic sell |
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Many forum predictions say we bottomed this time at $17k and we're over. We are moving towards green days. I still don't think the bear season is over but the deep drop may not happen again, the market is moving sideways around $23k and this is very strong resistance in August. As soon as bitcoin crosses $25k, I believe we'll hit $30k soon.
No predictions will be effective at the current market. The biggest thing is that the bull market confidence has not yet been built in crypto. Where crypto-winter still exists. However, an upward trend in the market is gradually appearing. Maybe the crypto winter won't be much longer. If BTC can rise up to $26000 then it will be considered as a green signal for the market. A four-year cycle is going on this year, so it's not surprising to see some coins all plummeting including Bitcoin, although some people predict June or the next month there will be an increase, but in reality there is not, because this is the phase where all markets fall apart and are very difficult to control. prediction, because I felt in a cycle four years ago, where all markets fell at the end of 2018 and plus new projects fell and were not even able to compete and survive in that cycle.. Previously the market had touched the price of $17k, and was back up, and now we are again seeing the market fall below $20k. I personally don't believe in a four-year cycle, as with market habits that will soar at the end of the year, all of that is not a guarantee, especially since September is just a few days away. for me as long as we hold the best coins like bitcoin, then this can give us peace of mind, rather than us holding meme coins, and to hold it in the long term I think there is no need to worry anymore, as long as we use cold money |
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High APY projects have high returns I think it is still liked by many people today. even some of these newly emerging projects with the latest high APY. but so far none of them can be a sustainable DeFi. how are they when they know that this is very risky but only insist on profit.
But the fact is that most projects using APY cannot compete to attract people's interest and just end up without any certainty, even though they have made a good concept, if the community's interest is no longer there, it can't be denied, we can see projects that are running defi cient. at that time, did it work until now.. it is very difficult to predict a project to make it successful in the long term and according to the roadmap that has been prepared. many projects were very well prepared but ended up being abandoned and disappeared from the market. I think it will be better the way we deal with it. for example by arranging money management to provide a smaller portion in investing in new projects. apy is sometimes not the main benchmark in supporting the success of a project, and of course we should not be greedy, because there is a chance for a ponzi scheme to occur |
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Current state of btc doesn't seem right for you to invest now but if you are a future investor then you can buy btc because btc has come to many prices now and also if you invest on any other token then you are losing business. If you can, invest wisely and be wise. Thanks
So, if the bearish market was not the right time to invest and when it must be? I think that is a very wrong opinion caused by when bearish market turn to be bullish and you will not be joining in the train. I think that this time must becomet he best time to accumulate more and more tokens from the market. We can get more compared when we are investing in the crypto a few weeks ago. This time crypto is going to be bearish trend again. everyone has their own views, as is the case today, where bitcoin reached a price below $20k, and that means it could be possible to decline again, so we can use this opportunity to buy it, by looking at the support area to start buying, maybe the previous low we can use as a reference, and traders will certainly take advantage of this opportunity to make a profit. and back to the main context, I see that this project has a high APY, and a ponzi scheme is possible, so we must be able to take advantage of opportunities as well as possible when prices increase |
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a question that is difficult to get a definite answer, actually no one knows when the bearish season will end, but we can only predict it. currently bitcoin has fallen again below $20k, and previously touched the price of $17k. I think in the nearest term, this area can be used as support to buy it and hold it until bitcoin goes up. Currently the world economy is unstable, not only the crypto market is experiencing a slump, but the stock market is also experiencing the same thing
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Why aren't people utilising cryptocurrency payment methods? Without it, the adoption would never be able to realise its full potential.
They think it would take lot of effort and they also think that Bitcoin is for tech-nerdy and also people thinks that Bitcoin is being used for some illegal stuff therefore it's bad to use and many more reason to go. Accepting cryptocurrency as payment method isn't that easy to do, you have to make sure that everything is going according to plan such as the fees, price volatile, etc. There were big merchants for example Steam accepted Bitcoin as the method but immediately removed it sooner because of the price volatile, so you have to take an account for that. the main thing is the government's role in relieving it, in the past bitcoin was used as a transaction tool in my country, especially in tourism areas, but finally there was a raid, which forbade it as a means of payment. apart from the negative point of view, of course the government will have many considerations to pass laws, as you mentioned some considerations, such as fluctuations and so on. on the other hand of course many officials do not approve of it, because they can use it for bad purposes, such as money laundering |
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I was quite alarmed when I saw the price of Bitcoin drop. Many are panicking and selling bitcoins.But now is one of the opportunities to buy bitcoins.We have nothing to worry about Bitcoin, as long as we buy trusted crypto coins like BTC, ETH, we don't need to worry.Everyone's guess that Bitcoin will pump up very soon. So those who consider buying during this period, because Bitcoin may not be bought at this price later. We are in a bear market, we should be patient.In a bear market, you lose everything if you get disappointed, so patient is most important.
Almost everyone when they see the Bitcoin price drop they panic and I think that is normal, as long as the panic is still in a normal stage there is no problem but it is different when the panic is too excessive and creates problems within ourselves, buying top coins like Bitcoin, Ethereum, and BNB it was the right decision and indeed for now there is still no other choice but to hold on to it we must be able to control ourselves, even though our assets decline but if we place them on bitcoin, I think holding on to them is the main choice, but we also have to be prepared to risk waiting for prices that no one knows when the bearish season will end. even this decline can be used as an opportunity to increase our assets, so that it will be easier later to make a profit, many people are afraid to take action in the current situation, but we must still be able to think healthy so that we can calculate money management according to our abilities |
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In my opinion, both are equally good. God created humans with different souls and they were created to complement each other. for someone who has an entrepreneurial spirit, he will tend to seek freedom and dare to take risks, and unfortunately not everyone has this character, many of them choose the safe path by becoming an office worker who gets a salary every month. Therefore, ask yourself which group we belong to, so that we can determine the direction according to our conscience
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Bitcointalk Username: andriarto
Rank: Senior Member
Current post count: 1615
Merits earned in last 120 days: 2
BTC Address: bc1qanvtxaufd79jn3w6sh37ajaym3vpggdnhr52qa
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Staking is very profitable and I have done it for 2 years in several Dex and Spot Exchanges, of course when compared to Bank Interest is very far, and in my opinion staking is more worth doing, for example I Autostaking in Pancakeswap and gets APY about 65% because I focus and make a coin What I stakes as a long -term investment.
nominal bank interest is not much, and the benchmark is inflation, even bank interest cannot cover the increase in inflation, but our nominal money will remain the same at any time, while staking will be very beneficial for the long term and the selection of coins that have the potential in the future, so that this is like an investment that has interest, but for that there is a risk, different from saving |
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The USA is a large and influential country in the world that often experiences economic problems, especially inflation, of course we still remember 2009 which caused a long recession in the US economy, and what the government did to deal with inflation was a good thing, namely by lowering bank interest rates.
I think USA has what it takes to end inflation in their country because they have professional economist that helped them to recover from inflation during the pandemic. I believe the government will still apply the same thing to end this inflation that is causing hardship all over the country which is not helping their citizens to feed well in the country. USA government will not allow this inflation to last longer before they will do everything possible to eliminate inflation and embrace deflation in the land for people to live well in the country. At that time, a reduction in bank interest rates could improve the inflation rate in America and the economy gradually recovered. But if you look at it from the past until now, America always seems to be able to escape from the economic difficulties they face. The key is maybe we don't know for sure. apart from they have reliable economists, America has an influence on the world economy, as if they feel like a leader |
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The fantastic price of bitcoin at this time of course will always be talked about by people, many people regret not buying bitcoin when the price is $ 1 even when the beginning of 2010 many people gave bitcoins for free up to hundreds of bitcoins, it is natural that nowadays people say that bitcoin is something very profitable for long term investment.
indeed bitcoin is increasingly famous because its price continues to rise. at the beginning of 2010 it was only $1 and when measured by current prices of course we can retire early from real work, but the question is whether we can afford to hold it until now, I think it's difficult to do that, even in 2017 it may have shaken our psychology . Many people here have one goal, namely profit. Therefore, it is not surprising that many commented on the price |
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Guys, any suggestions for short-term investment?
No short term investment can give good return, it is nothing more than a gamble. Shitcoin projects are an option for short-term investment as they are mostly created to hype and then disappear, so when you invest in shitcoins you have to accept the risk. I think you should think again because short term investment really never give profit, you can become a day trader to be able to make daily profit instead of investing in shitcoins. that's how we trade, although I'm not good at it either, but the smaller the time frame we use, the higher the difficulty level. and not just anyone who can do short-term trading or what is often said to be a flipper. complex training is required for this, analysis, psychology, financial management, must be able to run well |
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I have traded and analyzed several charts and I have come to a conclusion that trading with a stop loss is the easiest way to lose money and not a safety net because if your analysis is correct what happens most of the times is markets go for the stop losses which takes you out of the market and price turns to your predicted direction after the stop hunt which many consider as market manipulations.
So is using a stop loss good or bad?
Do we have traders that trade without them, if yes what's your win ratio using this strategy?
sometimes there are times when we have to use Stop Loss to avoid deep losses but sometimes we have to be patient to wait for a higher price to get a profit. maybe there is no definite answer for whether or not to use Stop loss because sometimes it is needed at certain times. if using a stop loss the profit ratio that can be taken from other coins is uncertain, sometimes we will get more profits or even we will regret it. I personally have done a stop loss because the coin I chose kept dropping in price but I didn't choose another coin, it was just to avoid big losses. the use of stoploss is important to me, for example, I can't monitor the market. this aims to reduce losses if our analysis is wrong. but indeed the problem so far is that most of our stop losses are struck and the price goes up again, and this often makes us angry. but that is indeed we have to let it go, and must learn discipline, so that later we will understand the appropriate stoploss limits |
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I do not think that people relying on trading bots is a bad thing, it all depends on how you use it and how you could make a profit based on it. I personally do not use one anymore but I remember the period when I used one and it wasn't that bad, it was bad during the bear period, when it was going down the trading bot usually lost more than I would, and that was the reason why I stopped using it.
Most people just depend completely on bot, they don't really want to learn how to trade on their own because they believe the bot will do everything for them, they don't believe bots can fail and they can lose their money. When trading with bots and you are making money, whenever the bot will disappoint, you will endup losing all your profits you have been making. The best thing is just for you toearn how to trade yourself and don't use any bots. Some people are using trading bots because they have no time or not enough time to study the market. Hence, they rely on bots. But it is true, using a bot may not give you the profits that you want in the end. They are just doing their job according to what they are task to do. Sometimes, it depends on how you program them. I have no experience with bots because for me, it is better to learn the market on your own. If you really want to be a trader I believe you should create time to study the market, why will I be making money from a place then I won't always create time for it that's bad. If you want to be trading then you should always have time when you will be doing your analysis. Seriously am always discouraging people using cryptobots because I believe it those not really work, if bots are reliable then most of us will have been very rich and we won't disturb ourselves doing analysis. indeed if you want to become a real trader, we must be able to learn to gain knowledge, and that requires a process so it takes patience and tenacity. while bots will not make us good at trading and until whenever we can only depend on it. bots don't have feelings so they work according to the orders that have been formulated, so one day if conditions don't match, then big losses are unavoidable |
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Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something. This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term. That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it. loss is a friend of profit, structured loss is a message, not a mistake, because we will always learn from the market according to the strategy we have. no strategy is perfect so sometimes we experience losses, so how do we manage it so that the losses are in accordance with the calculated risks, so that more profits will be achieved, until in the end we will still survive in the market because we can manage losses or risks |
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Ukraine bans Bitcoin purchases with local currency amid martial lawUkrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300.
The National Bank of Ukraine (NBU) continues taking measures to prevent capital outflows amid martial law by enforcing major restrictions on cryptocurrency purchases.
The Ukrainian central bank officially announced Thursday a set of restrictions on cross-border operations, prohibiting individuals from buying cryptocurrencies like Bitcoin (BTC) with the national fiat currency, the hryvnia (UAH). I do not check the value of hryvnia but I think the war in Ukraine would have caused persistence rise in price of goods and services in Ukraine, which means inflation. NBU restrict Hryvnia to be used to purchase bitcoin a d altcoins but allowed foreign currencies to be used. I still do not understand the reason behind this because also foreign currencies have much to contribute to inflation if its reserves are depleting. What could be the benefit of the NBC move to allow Ukrainians to only use foreign currencies to purchase cryptocurrencies and not allowing their own local currency to be used? But I think with this, only few people will have access to foreign currencies compared to those that will have access to local currency, which means a way to reduce Ukrainians that are buying cryptocurrencies. This is understandable, where the Ukrainian currency must circulate to restore the country's economy, especially for crypto purchases which seem to have evaporated functionally for the country. With the current messy facilities and infrastructure and isolated economic activity, of course, Ukraine must be able to get out of this situation. and starting from the internal economic circulation in the country |
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-snip-
even though Crypto is something that is quite good but indeed many beginners sometimes feel cheated because talking Crypto is a good thing because indeed they still don't know how crypto works but are lured by something instant with the word Profit which in the end makes these beginners lose and feel cheated That's why I say anyone interested in investing in crypto should be wise enough and should not be greedy while doing so. This investment has the aim of making a profit, but we should not ignore the risk of loss caused by volatility. So it is clear that as long as the investment is potentially profitable, there is also a risk of loss in it. Most importantly beginners should know that. The problem is that at this time there are so many people who invite beginners with the lure of continuous profits, it is quite true if this can be profitable but when it is not accompanied by methods or knowledge then this will indeed be very difficult. Newbies are sometimes too naive because they still don't understand the ins and outs of crypto and irresponsible people sometimes take advantage of it for their own benefit. Beginner investors do have to be careful with fantastic offers from various marketing which can make money in a fast time. not a few beginners are lulled to become members with evidence of this kind of practice still happening, many of them hang around on twitter as I read earlier they offer an investment of $ 500 with a return of $ 2k within 3 days, of course this is very odd if we understand |
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Climate change does not have anything to do with bitcoin volatility, climate change can happen to be natural and sometimes it is caused by the activities of individuals by burning of natural resources which can cause pollutant to the environment that can affect human being. It can be a problem to business people health in the environment , so I think bad climate change can affect economy of a business somehow, but can't affect bitcoin.
mining Bitcoin can also cause climate change if they are not using renewable energy or the devices used for it. Because there is only a limited span of time for it, you'll need to change it. But most of the mining now is really into renewable energy to save some money to mine bitcoin. I think all of the things can cause climate change because this needs to be done by, like in trading Bitcoin, the servers of the platform also contribute to climate change. the current problem, bitcoin mining requires a large amount of electrical energy, while the electrical energy currently uses non-renewable materials, so that it will gradually destroy nature, due to continuous mining of natural resources. Therefore, if alternative energy is not found immediately, it is feared that climate change will occur, which will have a negative impact on survival in Earth, Therefore, currently there are many references to finding environmentally friendly energy sources, so that later they can be used and are friendly to the environment |
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