Well we cannot really tell if it's possible since market is always showing a very unpredictable results day by day although we see it keep climbing a after 50k., indeed as of now bitcoin seems trying to make correction and most of the altcoin were showing the same as well in my view. I hope it's just a correction because if it will gonna break out in the current support for sure it will relocate the another support level again and bitcoin will struggle again to regain strength like what always happen.. I hope not.
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For me as a trader there's always a chance to minimise losses by using stop loss, but when it comes investing probably it depends, wherein if you make technical analysis first before you put money probably you can assure your money is safe from the volatility or if there's a massive down in the market, especially if you get the real strong support level of the coin because for sure it will always bouncing back and will seek for new resistance for long time, but monitoring the growth still a must for investors.. Unlike traders by using stop loss it makes very comfortable..
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It depends on my personal opinion, wherein if those what you've mentioned above will show a potential like solana did perhaps its a good idea, but if not then much better to focus to the main coin rather than expecting a good returns to its ecosystem because you know there are some popular coin as well like what solana has now and most of them didn't succeed because of some factors, i mean the main project itself only can survive or become successful afterwards.. So think about it before making decisions mate.
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Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?
shib already showing an uptrend in the market mate 10/06, so there's a potential it will going down to the current support level again which is around 0.0000216 within 24 hours on this date10/07 in my view after this trend. because market still not showing a strong bullish sign fyi.. If i were i will try to check the wide timeframe so that you can see how it really performed since the market turn into bearish.. And also i suggest to stop using one indicator, wherein use more so that you can get the real direction of the growth rate . It's very useful technique especially on this situation that the market still not fine and there's a bunch of false breakout..
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Now probably they all see how bitcoin can prevent inflation from traditional asset although it's very worst when there's a manipulation in crypto market, but the potential to recover back or to increase more is the one that can make it more interesting.. Just imagine what happen when covid19 spread in the whole globe, we saw that most of the traditional assets decrease growth rate wherein only china survive even though the virus was made within the country.. Lol and that's how crypto currency explode and realy getting more attention because the price skyrocketed while real fiats decrease more. Now they keep monitoring the crypto market, so what we're expecting? They will gonna ride crypto? its possible in my personal opinion wherein soon in the future.
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A number of sports stars were also interested in Crypto lately, such as Tennis Star Naomi Osaka openly interested in Dogecoin. The famous soccer player, Lionel Messi also received a part of his salary in the form of Crypto, namely the PSG Fansclub token. Previously, the NFL star Russel Okung also chose to receive half his salary at Bitcoin.
What do you think ?
its not surprising anymore since crypto is really gaining attention even in public places nowadays, especially when it comes NFT'S wherein it becomes trending because how gamers and a bunch of people can obtain massive returns from it while at home, so it's not surprising that there are some popular games/sports or people around the globe that will embrace cryptocurrency as well as it's more reliable in my personal opinion and so easy to advertise around the internet unlike other physical stuff.
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Recently i´ve got a indication of a book: Encyclopedia of chart patterns (second edition). This book is realy good, but it has many pages (1033). The book was initially designed for the Stock Market, but you can still use the book to trade with bitcoin. The book is available on Amazon and on the internet (pdf for free). I particularly downloaded the pdf but I intend to buy the book soon. I recommend an intermediate-advanced level of English and a certain experience in trade to understand the book well.
way back 2018-2019 i used to read some books about trading as well, and yes most of them for stocks but it does matter since they don't have big difference,. And you know i just read those books but didn't try to trade that time because of having difficulties, especially when it comes capital.. Lol and to be honest when decided to trade just to used my knowledge, i never read books wherein i used to watch videos online as it's more realistic than reading.. So far no problem with it, indeed it's more reliable fro me
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This week is probably comes to SHIB, i saw the chart is really unpredictable. I think meme era already ended, but its keep spiking like another great project. But for real project, i prefer EOS or BSC to be invested on.
shib made an uptrend because of FOMO and there's no big reason to stay high so probably that's why it goes back without any sign. Actually its not surprising because they're for hype only.. Lol By the way try to check these coins NEAR, SOL, ADA, ATOM. Because to be honest they're really performing in the market unlike those what you've mentioned above..
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What would happen if everybody wants to exchange for a real money? I consider it not fair to mine cryptocurrencies? If it is so good why there is a need for exchange rate to the real money? Why recently I needed to block about 30 phone numbers constantly calling me to invest money in cryptocurrency? Is it going to finish soon because of having probblems not to be fed this pyramide game with real money?
i think it's s not a smart idea to covert all crypto into real fiat, because it's seems you want to enjoy your life like there's no tomorrow.. Lol i hope you know what investment means and what kind of mindset investors have especially when it's about what profits that they can get in the future. So i think its impossible to happen.. And by the way be aware mate because for sure that different number calling you to make investment were scams. I suggest better to stay away on it and never trust to anyone foe your safety..
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Is there any way to sell or withdraw Minereum from a Trust wallet? I have 32,000 (like a lot of people) and was wondering if there is a way to sell/exchange/withdrawl?
If not - what is the best thing to do with the MNE coins?
there's a lot of negative feedbacks above. lol seems you don't have choice aside of moving on with that scam coins..by the way mate that 32,000 is a value or amount the token? Because as far as i know if it's scam coin for sure it has no value.. So my question why trying to withdraw? I'm very confused.. Lol
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Not that much in my opinion because there's no big candles that can really tell there's a massive buyers behind since bitcoin gradually increasing . But yep bitcoin has a very stable support to increase. and it's very obvious tho, i mean despite of some fluctuation it can cope to increase back and make a consecutive higher highs after higher lows. which is instead of making correction it always continue climbing, so these a big sign that bitcoin will surge more.. Perhaps people will start panicking once they see it will tends to reach 60k. Lol
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When it comes altcoin probably as is, wherein those projects that performed well before the market turn into bearish, such NEAR, SOL, ADA, ALGO, LUNA, ATOM, and lastly it colud be an NFT which is SLP. because these really makes good performance in the market, wherein even until now they're showing good sign, and you know in my view most of them seems basing on bitcoin growth rate, because when bitcoin is up in the market they're doings the same unlike other altcoins. So i can really tell that if bitcoin continually gaining strength to reach the current all time high again for sure those alts that I've mentioned above will make ATH aswell within this month.
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Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? Do you feel the need to legalize Bitcoin in your country? Are your ideas about Bitcoin positive or negative? What is your personal opinion about this? What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged? I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.
of course its good have bitcoin, and yes i believe my country will improve if we were gonna using crypto than other digital currency because bitcoin is growing every year and it's a big opportunity for everyone who will keep bitcoin. unlike what digital asset we used today wherein just depends on the current value of the real money, very stagnant.lol Actually i don't know if it will gonna happen in the future since we don't have a bad issues with crypto.. I hope so because it's a big advantage to be honest in my personal opinion, just imagine while you using for paying bills and etc there's a chance as well you can make money on it when it skyrocketed in the market.. A good idea probably..
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So far there's no massive correction aftert the price hits $50375.85 previously , And at this point it's back again and attempting to break out, for me in my personal opinion if bitcoin succeed for sure it will stay for long above 50k or will try to reach the recent all time high value which 60k before this year end. Infact market now seems good, probably the bull will take over the market and we will see a new improvement after days or weeks.
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Stop expecting too much on that kind of coins mate if you really want a good return after all. Because they're known for hype only wherein always plunges back to the dip especially when those people behind the project already gained enough profits. So be smart mate, and you know what.. Why not NFT'S? these are very popular nowadays and most of them were at the top since the very first start, so you better switch to nfts if i were you. Whereim stop believing in meme coins as well because they're trash not a good investment.. Think about it..
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There are basically two types of trading on binance generally (SPOT trading and FUTURES trading
📌 Spot Trading: you buy any coin of your choice at any given rate, you HOLD for it to rise higher, you sell at any point you feel it has risen enough
📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin
Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.
that's why most user in binance preferred spot trading because on that way they can can really tell that the money/capital is totally safe wherein unlike future trading that in just one mistake there's a chance to have a massive loss, perhaps only long term holder can enjoy such features in binance because they're good at making technical analysis in such way. And short term traders are for spot trades only just to obtain quick profits.. Lol
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It's very interesting to see that bitcoin nowadays changed a lot, if we hold our very first bitcoin in the space since 2009 perhaps it's million now or billion. Lol but unfortunately many people that time were very scared in such creation and also because of some negative feedbacks around the internet, but yes it's not too late and for sure after 10 years there will be a good improvement again because a lot of people already knows how good these crypto world..so its not surprising anymore if someday we will see a new record especially from bitcoin..
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Actually mate gold is considered by most of the investors to be the one of the safest investments around the globe since 2000, if i'm not mistaken. so no need to worry about that if you're planning to invest in it, even through digital gold or physical gold probably they're the same.. I mean what you can get in digitally and physically were the same.. And yes for me when it comes viability because it can protect against Inflation of the market. And there is a bunch of benefits from gold fyi, so it's very reliable especially long term.
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It's always a temporary situation mate when bitcoin suddenly turn into bearish. and you know it depends on the situation as well, if there's a worst news of course the market will fall to the very dip level and all of the coins will struggle to recover for months or two, its possible .. And just like what i said it depends on the situation wherein if there's no bad news and the market suddenly turn into down trend, its either a correction of the price in order to increase more or to make break out. So i suggest just invest time to make research mate so that you know hows the market situation to prevent panicking as well. If you are a trader perhaps you know why they need such information.
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What are some of the best ways to learn more about trading?
very important is knowledge and skills, because without such stuff you cannot understand and survive in the real trading field. so keep in mind to put efforts always in it to prevent problems when you're working in it already. for your skills try demo account because it's a big help as well, so that you can build new strategies for the sake of your capital. Don't make your situation rush.. Just be patient mate.
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