Bitcoin Forum
June 19, 2024, 12:40:53 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 [83] 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 ... 232 »
1641  Economy / Trading Discussion / Re: Dont get sad over what could have been on: December 19, 2021, 10:23:53 PM
Dwelling in the past will only present lost opportunities but letting go showcases better opportunities. Opportunities keeps popping up daily it's only a willing heart with the right information that would have full access to what is been presented. As far as crypto currency investment is concerned opportunities are always available it's how ready the investor is to sieze one

This is the philosophy to trading. Such mentality is healthy for trading and that will make a trader not to chase market. Chasing of market get us into trouble often times. Also if we have this kind of mentality towards trade, it will give us the assurance to make it on another trade and by that we can be adding stop loss to our trade.
1642  Economy / Trading Discussion / Re: Where I can check the crypto events calender? on: December 19, 2021, 07:27:30 PM
Like the first writer has said, you have not said the topic on how it will be understood and apart from CMC, you can check from coingecko. However I find it difficult to understand crypto calendar you mean. You can readress it more except other users know what you are saying because I have read and didn't get you exactly.
1643  Alternate cryptocurrencies / Altcoin Discussion / Re: I have been scammed in pancackeswap telegram group on: December 19, 2021, 05:47:59 PM
Dear community. Has this also happened to anyone? I was trying to connect my trust wallet to  pancackeswap but it return error every time. Then I went to pancackeswap website and clicked a link to their telegram group and joined. I immediately received a phone call and I explained my problem. I was sent a link to troubleshoot the problem: www.app.walletimports.com and followed the procedure. I didn't know it was stealing my secret  key because I believed that pancackeswap is a reputable company. They stole my 0.055 BNB. Be careful with that telegram group.

Sorry bro you may have been scammed by just a member like you on the telegram group. This is unfortunate because you acted very fast without patience. Telegram groups have admin and they are responsible for such help. I believe pancakeSwap has admin working for them and responsible for challenges. They should have there names on the pin message and against their names on the telegram group. Sorry you may have been scammed by someone else that is not pancakeSwap. I hope you get it resolved , sorry.
1644  Economy / Trading Discussion / Re: Would you like to trading with meme coins?? on: December 19, 2021, 04:38:47 PM
I don't support meme coins investment but unfortunately I have invested only one meme coin with higher price but now my meme coin already given me panic . My invested meme coin dogecoin. Recently I add another meme coin in my portfolio investment list it shiba inu.

These two are like popular now in the market. For dogecoin , it is having Elon musk backing it up and that may turn out good in the future because of the hype but dogecoin is a little on the high side for a meme coin now, it is beginning to gain market. Shiba inu looks good and around 13th on CMC table. Shiba has been hyped in the past and now it has seeped for more opportunity.
1645  Economy / Trading Discussion / Re: TECHNICAL ANALYSIS on: December 19, 2021, 07:11:24 AM
no doubt that technical analysis is essential in this cryptocurrency market, but also due to the great manipulation that exists in this cryptocurrency market, not all altcoins will be able to make a profit by doing technical analysis, this pump and dump scheme and any news influencing the market immediately makes technical analysis inefficient in this market
Technical analysis despite its predictive nature has some limitations and probably the most important is the one you are mentioning.

A market or an asset that has a limited volume can be manipulated at will by someone with a large enough position in it, this means that it will be impossible for someone using technical analysis to predict what it is going to happen next as the move will come out of nowhere, as such technical analysis is not really suited for those markets, which means that most altcoins should instead be traded using fundamental analysis.

Because the market is made of both news too so we don't need to rely only on technical analysis alone. The price rice and also fall if that is what we call manipulation but I see that as volatility. However we need to follow the projects that we are trading through their social media like especially telegram and with that you know the plans there. Sometimes telegram followers know that the coin will pump either that there is a new positive development like new listing (and that is news or fundamental) and that will definitely increase the volume of the coin. So it is good for us to balance our trade by not only relying on technical but also using fundamental analysis by following the project team.
1646  Economy / Trading Discussion / Re: What did you learn about crypto trading? on: December 18, 2021, 10:13:44 PM
The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit.

Sure our emotions can mislead us in different ways. For example it can mislead us in :

1. Multiple market entering even when we know it is not the best way to trade, we still enter into it making us to chase the market.

2. It gives us wrong analysis and judgement of the market after we do a proper analysis, we may change thinking that the analysis is wrong.
1647  Alternate cryptocurrencies / Altcoin Discussion / Re: Remember yearn finance (YFI)?? on: December 18, 2021, 05:59:43 PM
I remember when YFI was listed first above bitcoin on CMC and that caused many reactions that bitcoin is losing spot but people didn't know that bitcoin still has volume above the token and currently YFI is taking it back stage below bitcoin. About investment on it, I will still prefer bitcoin far above it.
1648  Economy / Economics / Re: How far is bitcoin from full adoption (100% mass adoption)? on: December 18, 2021, 04:11:06 PM
I think I can pick 10% rate of adoption so far. For now just few countries have made full move to adoption and also few institutions have allowed for bitcoin in their platform. Until a reasonable amount of countries starts proper adoption, hopefully from next halving.
1649  Economy / Trading Discussion / Re: This is the Fear and Greed Index Chart on: December 18, 2021, 08:11:09 AM
I don't understand the value part, are you talking about price reaching 20K again? If that happens then I am pretty sure that many people will start buying and again the cycle will repeat but I have a second thought do we actually reaching 20K again?



Really  Shocked wow are we still contemplating this price range for bitcoin ? This is going to be interesting . Though it has happened from $20k to $3500 but there are no institutional investors then and wide coverage compared to this time. The time we are should not be compared to the past because things may not come down as before, I believe many hands are waiting for any dip and price keep adjusting upwards gradually. A big dro and a little bull until price stable.
1650  Economy / Speculation / Re: Bitcoin price is still in a downward trend, will it last long or temporarily? on: December 17, 2021, 07:29:20 PM
I think it's temporary I meant his particular price range of $40k to $50k would not carry on forever and then it would either cross $50k and go on bullrun else drop down below $40k for a possible bearish market. But it will not go crash as there are some big players who have bought Bitcoin when it price was over $30k. It's just that panic selling will hurt the market and it will recover I don't think we will see repeat of 2018.

The price drop a little more today. This is really causing more panic to shaky hands but I believe we are going to see better price by the next week. Next week can be volatile because stronger hands may start buying the dip again today , it is showing already this evening recovery slowly catching up.
1651  Economy / Trading Discussion / Re: Why exactly is it that people don't like identifying themselves (KYC)? on: December 17, 2021, 05:42:01 PM
However, many people do not like KYC because they are concerned about the issue of personal information being exposed. Information used for KYC such as passports and driver's licenses may be exposed if the exchanges are not well secured.

Yes there is possibility that information disclosed can be sold out to someone else or used for illegal transactions. Not only in exchanges, bounty companies sometimes require KYC after you have participated to help them but after you submit your documents and passport they may not fulfill the release of reward and you end up regretting it. KYC is not suppose to be introduced in an online transaction because privacy should be protected.
1652  Economy / Trading Discussion / Re: Entering the trading market on: December 17, 2021, 03:54:55 PM
You need to be prepared and expect anything when trading and most importantly you should develop a stop loss strategy to minimise loss.

Most traders and newbie may not be using the stop loss for there trading because they may be looking at the disadvantage of it but in real business plan for trading, you will be advised to set up a stop loss to every trade made and with that you already know the limit of the loss that you will encounter when price goes against your plan. Is always good to adopt the stop loss plan.
1653  Economy / Trading Discussion / Re: TECHNICAL ANALYSIS on: December 16, 2021, 07:33:07 PM
Books are very good. But not all books are written by real successful traders, most of them are written by ordinary people who wanted to make money on it. The path of a normal real trader is through practice on the stock exchanges, but of course with minimal knowledge of the theoretical part.

I think book is just the reading aspect of trading. It shows you or prepares you on what to practice on and what to expect but practice itself is the real trade. In practice you make your mistake and do your correction and gradually grow in the market. No particular pattern is the best, all requires for practice to be better. So no trader will base experience on what was read but on what was practiced.
1654  Economy / Trading Discussion / Re: Fast place/cancel trades question on: December 16, 2021, 06:25:42 PM
That is bot interacting with market price. Either it is sell limit order or a buy limit orders. It may trigger or not depending on the command. So yes your observation is right but you don't need to bother yourself on it if you are not using not just to understand what it is. It is as simple as that, a bot set for an order either to buy or sell and gets cancelled when not triggered.
1655  Economy / Trading Discussion / Re: Target Price Methodology on: December 16, 2021, 05:46:28 PM
These are all speculations and one thing that is to keep in mind is that one who are interested in trading then he should have to think about the value that if this coin reach to certain value then i will sell it just because it will give you benefit. It is really hard to predict the exact price but some people can make speculation and that works well.

You never considered emotions too lol Many times traders have a particular spot to want to exit but because of emotions they adjust and keep adjusting to an extent that greed sets in and at the end it comes into losses. Trading isn't easy and most times it is speculated upon but if we work over our emotions, we can always succeed.
1656  Economy / Speculation / Re: Bitcoin Bullish Scenario - Minimum will reach $75000 on: December 16, 2021, 01:20:33 PM
As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur.

What I agree with is this and I think so far such candle is yet to appear. It is what will finally indicate a spontaneous switch but for now maybe we are still expecting that prices will hang and play around the resistance and support levels. I can't speculate where the big waves is going to blow but certainly a direction will open up by the end of this month.
1657  Economy / Trading Discussion / Re: Millennial trading formula on: December 16, 2021, 12:44:13 PM
I don't think anything has changed for now about the trading itself taking about making analysis, entering the market and exit, indicators are still guide to traders and investors are still making money. Newbies need to understand that trading and making profit requires patience. Don't jump into every thing that looks like opportunity but analyse very well before the click.
1658  Economy / Trading Discussion / Re: risk to reward the right balance? on: December 15, 2021, 10:35:21 PM
I read you saying you have a tight to and a loose stoploss and I think that is where you are having your issue. As a beginner I was thinking that was the right way to do money management but nope that is not the right and professional way to trade for profit. For maximum profit , you need to reverse your strategy to tight stoploss and a loose profit margin so that you can accumulate more profit and cut your losses faster.
1659  Economy / Trading Discussion / Re: What did you learn about crypto trading? on: December 15, 2021, 07:04:12 PM
One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.

At every point and stage of our lives, patience is a virtue and trading cryptocurrency trains us this way. So is a great thing to know that trading without patience is going to lead to losses which is failure. I think the more you trade you get use to being patience in life. Also your strategy gets matured because you keep shaping and adjusting into perfection.
1660  Economy / Trading Discussion / Re: Do you have any favorite superstititions when trading crypto on: December 15, 2021, 05:59:31 PM

superstition in trading is a very silly thing, I would never believe it. trading requires skill as well as strong emotional control, and superstition is not something that can make a trader lucky. see how successful traders work, they rely on the abilities they have trained themselves, not playing with superstition or shamans.

Yes is purely knowledge, skills to navigate the market safely and make all the profit you desire. I don't believe in superstition on trade because that itself doesn't appear reasonable, you are going to be trading against millions of people across the globe and what kind of superstition will hold them out lol. Control of emotions as you said, right thinking and analysis of the market does the trading tricks and not colour of bracelet  or waking up rightly or wrongly from bed  Grin
Pages: « 1 ... 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 [83] 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 ... 232 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!