You are talking regarding the trend and surel picking out the trend gives you a confidence that you are in the right spot even when the price moves a little against you because it will reverse encourages you to wait a little more. Usually trading against the waves of trend is a risky adventure because it does a little profit and huge losses. So being on the trend always whether bear or bull is a guarantee for profitable trade.

Well I have not heard of such in the forum for now. What I think is some users trying to introduce their trading bots or directing their telegram trading group for users to subscribe into or pay for copy trade. So I'm yet to be aware of such as you are asking for except someone is to expose us to that.

This is a simple advise to you op. Don't appear desperate to start earning money from cryptocurrency because many scammers are everywhere waiting for chance to milk from you. If you go preaching for people to come teaching you on the various social media that you have listed, they may start asking you for money before letting you know the "nothing" they tell you they know lol and at the end you start sending money in vain. So there are different articles you can read and YouTube videos you can teach yourself. In cryptocurrency you can teach yourself or learn from close people that won't scam you but learning from strangers is not always free and you can also be scammed.

Bitcoin seem to be the coin for the look out this year because every speculation is on it. If bitcoin is affected positively or negatively it will definitely touch other coins performance. Just last year ending bitcoin went a little down, all other coins suffered from that too. This is simply pointing us to the common fact that the rise or fall of bitcoin will show in altcoins.

This is a good idea to add more source of income to our financial earnings. In 2020 , the economy dropped drastically as many countries were channelling their resources to help in the fight of covid-19 that distrupted yearly financial budgets of many countries which affected individual earning power. 2021 was a recovery year and now we are in a more promising year and I believe businesses will grow, I think to invest in more coins will be fine because the altcoins season will soon be around

Well depending on his start up capital he might see the loss of $80,00 as huge and despite the amount being small or big, I know that you can carefully build a very small amount of money into millions  so it doesn't depends on the capital of a trader to know or see how successful the trade can be

It depends on you. Short term itself does not mean you have to sell a coin in a day. If you are in profit already and you assume that price is still in your favour and you want to maximize it then you can allow it to roll out more profit but you have to safeguard the already made profit by making adjustment of your take profit and shift it to the entry price. By this strategy,  your are sure that you have secured yourself from any lose on that particular coin trading as short term.

Will you be surprised if you see this kind of thread any time soon. Cryptocurrency is around 11 years as you mentioned and there won't be anytime that panic, fud regarding downside of bitcoin especially when it is experiencing huge deep. Yes I'm sure such thread will keep showing up while bitcoin recovers and make ATH.

I won't be surprised if some people who expressed regret when bitcoin was $4,000 ever bought one that time last year. People who always blame themselves for not investing but they are only saying that they didn't know the price of bitcoin will get so high like that. Bitcoin is not the only coin that is profitable in the cryptocurrency space so they can invest in different coins, is even better to diversify. Etheruem is there now cheap as bitcoin was last year.

If you were planning to buy cheap coin maybe dogecoin has been over priced at the moment. This time that altcoins are bear due to bitcoin fall , dogecoin is still priced high at $0.17 and I think it is getting hyped with Elon musk. Well other altcoins you listed still appear new to me and have not given attention to them so far.

I won't be surprise if the next week turns bull for bitcoin because ordinarily bitcoin price since last month correction has been in struggle to rise which is sign that this new year may be highly volatile. Speculation have been made for a high volatility for 2022 and that may happen as institutions are coming in

You have made a good thread and the items you have discussed are those that have really given traders much confusion to trade. Talking about spread for example, it has a way that it relates to market price. It is the difference between buy and sell and the difference is the commission to brokers , that is it is regarded as the profit for them. However, the difference fluctuates as price fluctuates. There are different ways that spread operate and a new trader needs to research, study and understand it.

Can trading bot really be monitored? I think people who trade with bots are those that don't even have time to stay on computer or phone to trade. They are busy people and bots can still give disappointment.


Funny bro... What do you call someone who doesn't know you yet sending you email so you disclose your account and hand it over to them ?

If you have been making profit more comparing to your losses then you have to maintain your strategy that you have been using to get that profit. The problem with traders as we are is that at the time of losses we want to start doubting our strategy and trying to change it but at the end when we change the winning strategy we return to huge losses. My advise is that we understand that profit is not every day but a higher profit is guaranteed when we are steadily using a winning strategy despite its challenges.

Trading is one thing that we keep falling out of sometimes no matter the amount of care you implore in it, you make a single mistake and you may have big regret. Despite the paper trading which is same as practice, if we don't understand how to control our emotions, we may keep having difficulty in it. So as we are doing paper trading, we can still practice with small amount to build real trading emotions.

You can only try to avoid it but it must come and I think 3% of our total capital in trade risk is cool but a little high if you can reduce it. The purpose for low risk taking is because when you record loss you don't have a bad feeling on it as much you may feel if you took a higher loss. Therefore it is better to reduce the risk to reward and gradually we can increase our capital.

I have to direct you with some questions for you to think through because this has to be your personal decision and conviction.

Have you been trading with them before or they just sent you a random email to lodge your funds ?
If you have not been trading with them, then you have to be very careful not to regret and if you are trading with them already, you need more research on that.

What is the name of the broker? maybe some traders may know it.

Trading is either you profit or you lose. Those are the two things involved in it so a trader should be prepared for losses that is part of it all. You are lucky to make profit but it doesn't come to you all of the times you put out order, time for losses and time for profit taking is also included. But you didn't mention the coin you got profit on.

Sometimes the coins you think are not going to do well they surprise you. Coins like Shiba has surprised many investors and those who didn't invest felt bad during Shiba bull . I think you have to consider the exchange that the coin is listed that can determine the level of growth too like Shiba that is listed in almost every exchange. Listing of coin in different exchanges can help volatility because it will be found everywhere.

I have settled for certain indicators so no need for changing as they perform same function. If you keep changing indicators all the time you get confused and you start losing focus and your money. I think that it is better to follow certain indicators and research on them and follow the once that are working. Clustering of indicators is confusing a trader so the fewer the better.