Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.
it's always on the candles stick where you can get an idea when to sell and to buy in a particular level in the market base on its structure and movement and that is called price action. And yes that's the most important strategy when it comes trading because everything will become so easy to understand and to predict even there's no clear trend in the graph. By being able to read candles, we can read price action so from there we can determine when to close or open a transaction. actually it is not that easy to determine when to enter and exit the market, because not all candles are like our theory. on the other hand we can use EMA to determine price action, the smaller the time frame we choose, the smaller the candle space will be |
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No it's not the big one! Market is indeed crashing due to the increase in interest by FED. Same is happening in India as well, after Indian central bank announced an interest increase of 40 BPS points. But such crashes are temporary.
Increase in interest rate forces a segment of investors who had invested their extra cash in stock market. Some institutions who are parking their free cash in stock market, has been pulled out as well. So a temporary crash we are seeing.
That will recover quite soon.
Its my first time knowing that whenever FED increase interest rates, it often have a negative effect in the market. What I only know is the Russia-Ukraine war and the inflation is the reason why markets are going down. Thanks for sharing. Crashes are temporary I agree on that. The best thing to do right now is to stay patient and not do anything or if possible stay away from seeing the charts because it will just make you anxious and you might panic as well and make bad decisions. If you have extra money then you can buy assets at a lower price but its risky. We can add those variety of reason like inflation and interest rate but for the technical traders, it sounded like they already see it coming. They were drawing trendlines and if the retest of uptrend isn't successful the market will tend to do its correction or bear market to its extent. In the SP500, the uptrend line was broken. In Bitcoin where there is so much volatility it all correlates because when it touches that$68k price and back down again, they've already seen it coming since the retest failed. I think we will really be seeing how the market take a dive if price falls below $30k. The Fed's policy due to inflation that triggers an increase in interest rates does have an impact on cryptocurrencies, and also not only crypto, but the stock market as well. I think we can use this as an opportunity to invest, because when else will we get a big discount before the bullish season arrives. therefore the search for the right area for the reversal to occur is very helpful for making a profit |
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For several years, social media has been one of the main sources of traffic for various niches including Bitcoin and cryptocurrency-related topics. Back then without the growth of social media, we only use search engine, forums, etc., (with the exception of Friendster, MySpace, etc.)., to find relevant information about anything.
Now with social media platforms such as Facebook, Twitter, Youtube, etc., it is now easier to engage with a lot of users to talk more about Bitcoin, cryptocurrencies, etc. It plays a key role for us to become aware of what is going, how we react, respond and engage with others.
social media has indeed become the vanguard for the development of cryptocurrencies, and we can see sponsors on various social media about cryptocurrencies, this can provide knowledge to many people about the existence of crypto and its various characteristics. Their interest is of course when they listen to many successful people from cryptocurrency, so they want to be successful too. from here many of us who then learn and participate in it |
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If we are in the comfort zone that is working so don't think too quickly to get out, I have come out of work for almost 5 years and try to make many things like restaurants, vegetable stalls and so on, from the time side of course more free but from I also experience The difficult time is capital because it has failed. And for those who are unemployed, Create a job is better because the opportunity from online at this time is very good.
when we are still productive, it is better to think repeatedly about getting out of a permanent job. as long as we can divide our time I think finding multiple sources of income will be great for our future. therefore I keep working and investing. for those who don't work, indeed, with the online world there will be very many business opportunities created, we just have to read the promising job opportunities well, then of course we will make maximum money |
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During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.
Most of the time new traders make the mistake at that moment. They thought that it is very easy to earn money by investing in crypto currency. They can not control their self ultimately they lost huge money. So it is very important in trading platform is learning there is no alternative way to get success accept it. Maybe there are many people out there who think that it is easy to make a profit either from investing or trading in crypto, they don't know before they really try it and besides that they should also be aware that investing or trading in crypto has a big risk, so it is very important to do preparation and also keep learning to improve knowledge and skills Smart people certainly have to know the basics first before deciding, as with cryptocurrencies, many of them immediately buy a coin without learning it, they are afraid to be late to buy, actually a classic reason, and we may have experienced it when Fomo arrived. of course for that we need to understand crypto and try real trading, so that by itself we will prove the bitter experience of people, and we can feel it, or if we are smart then we can learn from people's experiences so that we can control it |
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I personally only use TA to analyze the market. I did this because it would take a long time to use the FA to make decisions, especially since I was trading short term, so I had to make decisions quickly. actually it's all just a matter of convenience for us to use it, of course if for the long term the FA will be more careful to analyze, and can also use TA to analyze it, but for the FA I personally think it's more difficult to find the fundamentals of a project
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The most important thing for a beginner is definitely the learning process.
You don't need to be a broker to learn demo trading. You can do that on paper as much as you wish before jumping into real time trading. While market is bearish right now, you can buy only to sell in the bull market. The patience to hold for that long is what makes the difference. If a newbie sells during the dump or buys during the rise they will end up in a loss. This is not difficult to learn, but having a background of speculative trading does give one the edge. when we get to know cryptocurrency, of course we imagine something fun, I think it's a normal thing, but we also have to be smart in dealing with it, this means we have to understand about crypto before investing. the most important thing to pay attention to is psychological, where we must be able to restrain ourselves with personal analysis to enter or exit the market |
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It's the same in my country where the prices of all necessities have gone up, and people seem to be forced to get used to this situation. This makes people increasingly depressed with the necessities of life. What can be done is to reduce secondary or tertiary needs so that we can manage personal finances. on the other hand we must be able to find new sources of income to meet our needs and do not forget to invest as a guarantee for our old age, because we are not always productive human beings
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Good money management is the key to future success. with the money we get then we must be good at managing it. I personally will sort it out where there is one for personal needs and one for investment. from this investment our money will work itself, so it will provide guarantees for us in the future. Don't let the money we get we spend and then look for money again, because forever we will continue to live like that
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We all know Elon Musk's acquisition of Twitter, but how to finance the deal is still unknown. The billionaire sold some shares in Tesla and is trying to obtain loans from some banks. Tesla chief executive Elon Musk has sold roughly $8.5bn (£6.8bn) worth of shares in the electric car maker, just days after he agreed to buy Twitter. The sale has led to speculation that it will help to finance his planned $44bn buyout of the social media platform. Source: https://www.bbc.com/news/business-61255092What would happen if Elon Musk decided to sell his Bitcoin? What will be its economic impact on the price of Bitcoin? It will definitely impact the crypto market all in all. He's got some influence we know that already and just a tweet from him of a certain coin will moon it by any chance. I don't for how long, maybe until there will be positive news to Bitcoin and will spark a new Bull. Of course, if the bitcoins he owns are sold, there will be a decrease in price, the more he sells, the more the price will fall again, but it is only temporary, because he is not the main holder, he just has a large number of bitcoins. it's the same thing if he buys an altcoin and generates fomo then more people will be interested, because with the power of his money he can move the market. on the other hand he has influence on cryptocurrencies |
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If the civilized world had jointly taken tough measures against the military invasion of Russian tanks on the territory of the sovereign state of Georgia in 2008, then there would most likely not have been a subsequent Russian attack on Ukraine in 2014. In 2014, light symbolic sanctions followed against Russia, because they were afraid to anger the aggressor. This prompted Putin to launch a large-scale invasion of Ukraine in order to take over this state and enslave its people in February 2022.
After the publication of the atrocities committed by the invaders against the civilian population of Ukraine, and also due to the heroic resistance of the Ukrainian people to the Russian invasion, and thanks to the effectiveness of such a rebuff, many states finally realized that indulging the aggressor only increases his appetites. That Ukraine will be followed by the Baltic countries, Moldova, Poland. Now the civilized world has seen that the hands of Ukrainians can put an end to such an aggressive monster, which is Russia, and therefore they began to help Ukraine with serious weapons.
This isn't even about Russia only, this is about Russia seeing that others are attacking smaller nations and not getting any trouble as well. We have seen Saudi Arabia, china, even African nations all attacking each other and powerful nations do not do anything about it. Look at what happened in Afghanistan, the moment USA removed itself, Taliban took over and that is what we are seeing today. So, I believe that if we had USA of 20023 period, Russia wouldn't dare to do what they did, but we do not have that so they are attacking anywhere they want since they won't be getting any push back from any nation and they know this. Sanctions didn't matter that much neither, Russian economy is still fine. Strong countries do nothing when war occurs, because they also do not want to be involved further, and all of course there is a calculation formula in a war, if in the end it is not profitable then why fight. a war certainly involves a large capital. but anyway, I think diplomacy is looking for a solution, it would be better than going to war, so that the people don't suffer, of course they are the victims. |
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When I was in my school days I remember how I was taught. The curriculum is covered within the specific timeline and we don't know why we studied those topics. Everything is completely connected to the scoring of marks rather than understanding its real life usage. So, I request OP to teach the students how these cryptocurrencies are getting used around. In specific the teaching will be more effective when the use cases are well explained, because in school education we never know where we'll implement what we've learnt.
yeah that's a great idea. because that's how I felt when I was in school. knowing the usefulness of what is learned is very important so that it can give a little motivational boost to students because they will know that what they learn will be very useful in the future. ^ Probably some of them are not interested in this because they don't have an interest when it comes to financial matters. In the good side, this is very helpful to them that at an early stage of them they learn about BTC, if all teachers will do the same by the OP, people will truly understand what is the real meaning of BTC and how it will work and also the reason why BTC existed. We must be thankful to OP and we hope people like him should be rewarded soon those students. In the past, memorization was a mandatory menu for every curriculum. but only a few teach the science of enrichment. therefore the motor nerves of the brain are less able to develop. just like when we teach bitcoin, of course starting from theory to real practice must be given, because that way it will be easier to understand and develop, for example we are only limited to investment, it is hoped that our students can trade, so that there is an increase in students |
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Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.
This is why before sending the click button, you need to make sure you entered the correct address. Also, if I may add, check also if you are in the right network. Nowadays, we have different networks available already especially if you are talking with tokens, not only ETH but BSC, SOL, AVAX, FTM and others. So check the receiving address about the network as well as the originating address. It is very hard to get back your tokens if you sent it to the wrong network. Not many platforms will entertain you to recover your tokens if you made a mistake with the network. if it's the wrong network, I think there will be a notification if it can't be continued for the transfer process, or else the token will still be received on the network that was made for the transfer. wrong address at the time of delivery is possible. besides we have to re-check, I don't think we should lose our concentration when making deliveries, sometimes we seem to reflexively click on the shipping steps smoothly, but it turns out to be the wrong address |
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The conduction of the current crypto market is really very bad and giving everyday loss to the crypto community. I am not a daily crypto trader and to reduce my minimum loss I converted most of my assets into USDT in the different blockchains. This is the only solution I get in this market situation and waiting to get back to normal status in which we can expect some good gain.
If you feel that the market will continue to be like this and you are not willing to lose that kind of strategy will work to avoid seeing heavy falls from your assets' value. It's good to exchange it with stable coins and wait for more dump before placing your re-entry. Doing deeper research will allow you to grab that chance to make a decent amount of money within this kind of bear momentum the more you anticipate the pump or the dump, the more you can collect a good payout. USDT is the best way to deal with a bear market. In this token, our assets are parked until they wait for purchases in the area we have specified. Of course, with stable coins we can keep the asset from decreasing in value, in a situation like this what we can do is wait until the pending order is picked up, but it must be remembered that sometimes the market still continues the bearish season even though we have bought at support, therefore we must divide the capital to buy again at the next support |
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Because such big inflation people very quickly lose their savings.
That is why many people prefer to invest.
Now cryptocurrency becomes more regulated and more people prefer to invest in cryptocurrency. There is inflation looming over us but to think that a highly volatile market is the solution will not be a wise idea either. There are new investors in the platform and majority started investing when the market was rallying and if they continue to invest in the same fashion they would loose their money once the market starts to go down. I have seen countless projects that went down drastically and the new investors are literally cursing that the price went down. The fact is there is will more sore investors when the bear market is in full swing. Without realizing that mistake more and more investors will suffer from huge losses, the timing is crucial, when hypes is dominating more money are flowing around, while with corrections taking over, people start to panic and start to sell their holdings, creating more dump and bringing lots of panics around. It's very important, before you invest better now what kind of risk you can take, it's not easy but very doable to adjust to each market conditions that you'll going to have from time to time. therefore I think the need for knowledge about cryptocurrencies because it will have a major impact on the sustainability of our funds. it is not easy to carry out the planned strategy, moreover we can imagine for those who do not have strategy and analysis but invest because of the influence of fomo. Of course, this is very dangerous because when bears occur, they will most likely panic sell |
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I invest some of my crypto profits in crypto and convert the rest into my money. I always buy and keep good coins.In particular I am investing in some bitcoins of my crypto profit. Because Bitcoin seems to be going to a much higher level at some point, and maybe a lot of the profits of those who have invested will come from there. That's why I'm investing in cryptocurrency profits.
What you have done is right and you also know what to do with your money, investing in crypto is not easy, you need to learn and understand it before you start so you don't make a mistake, Bitcoin is a good choice especially for long-term investments if you have already made a profit from trading cryptocurrencies, then the best thing is to manage any of your profits for the future, investing in bitcoins from a portion of the profits earned is indeed a good strategy. on the other hand it is not easy to control emotions by investing in bitcoin, because we will hold it in the long term, and price fluctuations will occur. but I believe you can, because you can already make money trading crypto |
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I use binance whenever I'm selling my slp, eth, and Bitcoin. I always use their service because of their very active customer service. I accidentally sent my UTK (old one) to their UTK (new address) and they retrieve it for me instantly, it didn't take a week, which for me is very important. Their trading fee is reasonable, that's why I never use any exchange ever since. But it's up to you OP, you can explore them if you want.
For international exchanges, I also prefer Binance or Kucoin to other exchanges. However, if you are new to crypto or exchange, choosing the best exchange is highly recommended because it can reduce the risk of scams, or mistakes in choosing exchanges. there may be many exchanges out there, but choose binance, or kucoin, it's the best. I also see a lot of people suggesting to choose Binance over other exchanges. the two exchanges are indeed highly recommended, this is related to the continuation of our trading later. maybe there are many exchanges that offer certain promotions, and if compared, they will have lower gas fees, but when they get hacked, is there any responsibility, or will they be released. therefore the need for an early understanding of everything related to crypto will be better |
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Perhaps in the event that I go further to utilize others, perhaps exchanging will be better for me, however assuming I should be honest, I have best outcomes when I have been utilizing Billings band and Relative Strength Index. Utilizing pattern line isn't an assurance since it is a predispositions pointer since it is individual based to take a stand.
whatever indicators are used if we can use them well it will generate profits. I think all of this is based on the trader's knowledge of understanding market movements. it is not uncommon for them to experience occasional losses, meaning that the signal presented is wrong, and of course a cutloss must be made, but sometimes after we cut the price the price actually goes up again. Therefore, psychological factors should not be ruled out |
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There are many ways to earn crypto or to get some Crypto without any investment. You canjoin Airdrops and Bounties to earn Cryptocurrencies without investment and it's really much profitable and a great way to get some coins.
But not every bounty that you will join is going to be successful and the same goes for the airdrops. It's right that there is no investment needed but only your time and a couple of efforts to become eligible recipient of those tokens. Well, just be open to any possibilities. There could be some of those that you'll join may go successful but, majority of them wouldn't be. Bounty is long and time required program. For new users it's very complicated to do all task correctly. Proof of authentication,weekly report, Registration, these are are new and hard for newbie to do. Some BM are very strict and Rude and they did not hear anybody and after hardwork for small mistake they will reject your work and remove all stack but if someone learn well then it's very good for newbie yes indeed that is the consequence, to get a prize you have to go through hard work and effort to be patient waiting for the prize to be distributed, sometimes still waiting for the exchange. for beginners it is not easy to follow the bounty, especially if you have a bitcointalk account, which if you post the wrong thing you can get banned, of course at the beginning you can only follow social media, but that's a struggle, and of course later you will have results for us to invest |
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Socialist economy is,government will treat all the people equal and give food to all.If they are contributing the government or not.
Yes socialist system is suppose to be that way and take care of the citizen but I don't think things are now the way we read them back in time in the economic text books. I believe that there are now changes to what it was then. Major example of socialist countries are China, Cuba, Lao, Vietnam and take the example of China in the economic narratives is becoming a capitalist country, so much involved in trade and business including development and this is not really what Karl Max described as a socialist type of country in his theory. In China, there are many rich businessmen, and also many of them are the richest people in the world. In my opinion, it is no longer a purely socialist country, because it has a capitalist element. where in this way the country will develop rapidly in terms of the economy, because the people are given the freedom to develop their business even though later there will be taxes that will return to all the people |
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