What are the things to keep in mind when looking for an online course for trading?
why looking for online course that nowadays you can easily obtain specific information and practice your skills with demo account? That's true mate because there's a lot of experience traders around the internet that giving advice, techniques and of course a bunch of information to understand gow trading really works.. No need to pay for anything wherein only efforts and patience is the most important..
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I think it isnīt a problem. Bitcoins volatility is widely known and people who use it already take it into account. Volatility could be a problem if people expect stability from it.
expecting too much on it isn't safe, i mean you should build new strategies in order to get the right timing to dump, and also if you already obtain good profits on it just save it because market volatility is so unpredictable wherein even market is fine there's still an unexpected downtrend without any sign. And that's the problem with crypto market and maybe that's what OP trying to say. Lol isn't safe to be honest unless if your are long term hodler.
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I don't think it's an indicator that NFT is going to die, but the hype is dropping a bit. In fact, the potential of NFT is still there and the uniqueness of each NFT that each person has is different, when someone uploads an NFT into the blockchain, it has a uniqueness where there will be a kind of watermark and cannot be changed. , the metadata embedded in every NFT is truly a hallmark and an art in NFT, NFT is just resting, it's not dead and I'm sure of it.
its funny to think that when there's a fluctuation in the market some investors always shaking and getting scared of the situation.. Lol even we all know its part of the performance and nft project is very trending so it will never end like that.. Well i hope OP didn't sell off his token, because NFT'S right now is really bumping in the market despite of the current situation..
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Bitcoin at this point isn't stable and there is a bunch of correction in the price, and infact it always trying to break the current support but it always faild and going up again. For me in my personal opinion if next time it didn't respect the current support during the correction for sure bitcoin will seek another strong support below $40k. I hope it didn't happen, lets just kee holding..
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As we all know that Binance is the biggest exchange of 2021. It is one of the best exchange right now. It has all features that other exchanges lack. I also made good money in crypto because of Binance. But in my opinion Bug whales also made it big by just promotion. But when BTC touched 64000 Dollars mark, suddenly all countries are taking action against Binance. And that is very sad. Binance is facing some regulatory issues. But Now people are talking about ftx exchange. They are saying that now it will be the time for ftx exchange casue it is only biggest perpetual exchange. And it could be the next Binance in next bull run where BTC might Cross 100,000 dollars for the first time. So what are your suggestions guys about ftx?
when there's a new exchange it's normal there are some people talking about it and making comparison, but asking if it will be the next big thing in the future even though we have no enough proof and information how its possible to happen at this point, seems unnecessary in my opinion. Wherein why not waiting for the right time to give comments if it can really compete between those trusted and high rating exchanges? Because it is to hard to tell to be honest.
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I have seen topics and posts around with incredible amounts of misinformation. Mostly posted by newbies as their first or second post. Most people that have been in the crypto game for a while knows to take most "news" about crypto with a grain of salt. But some people that are newer to it might fall victim to fake information or fake investment "guides" that tell you to invest in some token that is, to an experienced person, obviously a pump and dump or scam coin. A friend of mine who is semi-new to this called me a couple weeks ago frantic, telling me that he had seen a prediction about some random token and told me that he might invest in it if the returns were real. He asked me if he should go for it, and I told him that he looked alot like a scam project. Its a good thing that he didnt put capital into it, because within a week of him seeing this article on the token, the website for it was gone. This is an example of how easily people that are new to this get tricked into losing their capital. Theres really nothing anyone can do about it, but I think the easiest way the prevent scams and slow them down is to educate people that are new to this.
there's lot of frauds actually reason there are some people that can obtain wrong information especially newbies which is always the main victims around the internet and probably even here in forum. And it's not surprising in my personal because of greediness of some people in crypto, they all think it's all about free money and through easy work they can earn good amount of crypto. I mean without doing any research to obtain specific information, common reason they always fell to scam activities from frauds. They don't have consideration for short.. Lol
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To those who are trading consistently, I would like to ask you based on your experience.
Which is easier in making a profit, riding with the hype, or waiting until the price will dip?
Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip. So with your experience, I like to know which is more effective between the two.
if you want to obtain quick profits then its a good idea to ride the hype in the market, for me i used to make quick profits using trendline and some useful indicators , but on this situation it's sometimes not accurate, so i need to wait until the candle fell into the current support then buy and sell at night, it's optional wherein its up to you if you want to hold it for long term after buying at the current support, but a friendly reminder mate that you need to monitor the graph because it's quite skeptical on this current situation, i mean there's always a chance it will go more dip after the ups as the the market still not fine.
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Actually most of them had the same pattern especially bitcoin and ethereum and some known alts in the market, so expect if the market becomes fully recovered or there's a good new occur, for sure all of them will rose up or will break new all time high. Perhaps if you used to visit their graph you can see it as well that there's ni big difference on their performance in the market.. Must try tradingview.
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to many bad experiences.
and to think that i was about to overthrow the eur and usd in favour of crypto, whenever someone would want to do the same they would have to get throught me first.
its normal mate so always move on, because no one can avoid doing mistakes here in crypto world or should i say there's no exception when it comes bad experience, and indeed all of us here even some experts still can faced such issues in my personal opinion because it is part of game wherein no one can skip such situations, so lesson learn instead of giving up because that's the only key to surpass all the bad things here in crypto. Just stop doing the same mistakes.
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~snip
If you're looking for small fee probably the best way is to sell your altcoin to bnb then dump it, because bnb nowadays isn't expensive like what bitcoin and erc20 had. And by the way you can use any swap site for that instead of exchanges, i don't if you will agree but for me it's so easy, i mean in just one click you can easily trade your coins as long as you have balance for fees as well.
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Hello,
I'm a newbie ( still), I'm trying to learn...I'd like to be able to make small revenues by trading but seems a long way. From what I understood, the only way to trade is to but or deposit BTC on an exchange account, is that correct? But I noticed that they have fees both for buying and withdrawing. So unless I do a great deal there is more a loss than a gain. Do you know an exchange where fees are low? If I I have a small amount on a electrum wallet, the only way to trade this amount is to deposit it in an exchange, is that correct?
Thank you, sorry for my questions.
it's not a big problem mate, because as the matter of fact there's a lot of information around the internet and at the same time you can obtain specific information if it's legit or not as well , just make simple research and put efforts if you're seeking for more information . And by the way my concern here is it's because you're a newbie and for sure you don't have any experience about trading. Just a friendly reminder practice your skills first with demo account, because its not a safe move to trade without any experience and it's like you're dashing money to someone without any change. Lol so be careful mate., i mean don't worry about how you can tranfer money to exchanges because its so easy to be honest, unlike when you're already at the trading field that you need enough knowledge in order to succeed.. So make it as a priority instead.
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Visit coinmarketcap and you will see some new projects with a small marketcap but already making uptrend and showing a great potential to become one of the most very promising projects in the market.. For me i used to check their trending section everyday because on that way it's so easy to pick which is good to make investment base on their performance it's very helpful to be honest, because we all knows that CMC is one of the most reliable site nowadays when it comes crypto project, so it's good to rely in it especially if you're choosing for long run ..
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Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.
bitcoin is for everyone, it's not about what status we had wherein its for all the people who believed how it really works in the space and can give good return after all. Knowledge, effort and patience is the most important in it, so if you don't have such abilities you cannot obtain a good return after all your hard work on it.. So be smart and keep believing, indeed there's a lot of people who have proofs how they become successful because of bitcoin, just be patient always don't give up.
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Of course, but make sure that they're not for hype only like what always happen to meme coins because you know nowadays there's a bunch of new emerging projects that making good results at first but they don't last and suddenly stuck up in the certain value. So be careful when choosing a projects especially if you're looking for long run.. Must pick those known and has good feedback to assure everything will be fine, visit CMC instead because for sure you can obtain more information about the project through that site.
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Obviously there is the use VPN thing but if an exchange requires KYC, then obviously you cannot do this.
there's still some exchange that you can use without any KYC requirements such latoken , but you know there's a certain coins to trade only as well within that platform, and also there's a swap sites where you still can trade your coins, and for me probably that's the good option if you have such issue in your country., wherein you can connect your wallet to the site and you can use their swapping service without any requirements, but remember to fill your wallet for gas fees because its needed..
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You have a good mindset by the way, so congrats to you mate and keep it up, that's a good example of how investment in cryptocurrency can really change other people life wherien no matter what the status you have as long as you're believing how it really works you will become successful in just a simple way.
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Its always good to choose those projects that already have good history because for sure they will last and has a chance to make more pump in the future. To good to be true mate, indeed there's a lot of good coin in the market why choosing meme? I suggest be smart enough when it comes investment with crypto because you know in just one mistake there's a possibility that you will lose money from it without knowing. So think about it..
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All I know is that KYC is needed on Binance only to increase the daily withdrawal limit, and follow the events that are there.
If for trading you can still do it even if your account is not KYC verified.
probably it means you cannot trade any coins within the platform once you didn't pass the kyc in the said date.. Indeed they will not saying withdrawal only if there are some things that still working in your account. They already emphasize it so must understand their new policy for better experience while using binance platform..
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Actually mostly nowadays are copy paste and just want to intimidate other people wherein base on what they saw in the internet such how they can convince other people to jpin the group about the fluctuation .. So its not surprising that nowadays there are some people that very scared in such issue because its normal. Indeed it is all good to wait for more results to assure what will ne tje results after all.. Just be thankful in my personal opinion..
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It's not surprising because ever since before they're against in crypto because of some reason so be aware as well and stop wondering why they want to shut down bitcoin.. So it's not surprising actually to be honest and be advised that in this situation it depends on the situation so always bear it in mind to avoid anything and think about it before making any decision..
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