For a trader, actually the bullish season and the bearish season are not much different, because they take advantage of every moment indicated by price movements. ..
This is true only if this trader has experience and is able to trade profitably. But trading on the bull market allows you to earn not only experienced traders, but also beginners. Because there is nothing easier than to buy today and sell tomorrow, while making a profit. That's a thought that I think tends to be short, I don't mean that anyone would want to buy now, buy now and sell it tomorrow with the profits you get. But in practice it's not that easy even in bull season. When the bull season occurs, it doesn't mean that we can buy at will without doing anything for market analysis, moreover what is being discussed here is beginners. Do not let beginners think like this, because in my opinion this is an action that must be avoided. I myself was once a beginner and I remember how I just made money in the bull market without having enough knowledge. Now I understand all the risks of trading and the fact that it was very easy to lose my money, which I subsequently did when the bearish cycle began. Many people have to learn from their mistakes, but in any case, this experience turned out to be invaluable) |
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The effect on my portfolio was minimal, since I am only holding bitcoin I was affected when its price was down but since I did not sold my coins then the current recovery has being enough to offset those losses, because if I remember correctly I think the price was a little bit higher when the whole FTX fiasco went public, still it is not difficult to imagine that many people have lost a significant amount of money, and it will be impossible for them to recover it for those which were invested in FTT.
The price of bitcoin has now fully recovered after the collapse of FTX. But the price of altcoins is still very low and more time is needed for it to reach the level when the dump related to the collapse of FTX occurred. And this in practice shows once again that holding in bitcoin is more profitable than in altcoins. |
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I guess that many will not like it but Australia launches their stable coin backed by Australian Dollars. There goes the CBDC from other countries like China and this seems is going to be the source of the money that shall flow for the next bull run and this trend might continue for next years...
I think you don't quite understand the meaning and functions of stablecoins and CBDC correctly. The stablecoin, which is issued by the National Bank of Australia, is issued to facilitate payment transactions for its customers and its subsequent exchange for fiat currency and is currently a common banking instrument that has nothing to do with CBDC. |
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See I have this problem, I am living with older people since I lost my parents at a very young age and I get so attached with crypto and I am making money out of it but the problem is my grandfather and uncles do not understand what Bitcoin is all about, believe me, I've tried to explain but they just won't get it...
The fact that you like cryptocurrency and you manage to make a profit on it is not an argument for you to impose your opinion on the people around you. The fact that they have replaced your parents is already enough to respect them and their opinion. |
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...and that's a good decision cause unlike in your piggy bank that your money will not grow while when you investing in bitcoin there's a chance that your money will grow if the price will go up higher .
Your words may be interpreted by the OP to mean that any investment in bitcoin provides a profit, which in fact is not true. And if the OP still decides to make such investments, then she must understand that she can lose her money. Accordingly, all responsibility for such a loss will lie with her, and not with those who advised her. |
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For a trader, actually the bullish season and the bearish season are not much different, because they take advantage of every moment indicated by price movements. ..
This is true only if this trader has experience and is able to trade profitably. But trading on the bull market allows you to earn not only experienced traders, but also beginners. Because there is nothing easier than to buy today and sell tomorrow, while making a profit. |
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There are few groups that offers correct signals but most of them offers wrong signals for a sake of cash and they never work correctly so I think that there is no such project which provide signals without any cash in return...
As a rule, along with paid signal groups, there are also free groups that aim to show the accuracy of signals in a closed group. In this case, anyone can monitor the accuracy of the signals, while there is no need to duplicate the signals themselves that are published in the free group. You can regard such signals as a recommendation, but the final decision on opening orders should be yours. |
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It is possible but it is not easy, depending on the market the failure rate of traders can be between 80% to 99%...
No one can deny the fact that in a bull market this percentage may be higher than in a bear market. And everyone who has experienced at least one cycle remembers how in order to get a profit, you just had to buy some kind of coin, the price of which was higher literally the next day. But with the onset of a bearish cycle, all the profit received was usually lost. |
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Why use other networks like Ethereum, Tron or BSC when they (the government) can create their own Ecosystem Network?
The fact is that the government is not going to issue a stable coin, it is a friend of the OP who is going to issue a stable coin, and then using selfish purposes, he wants such a stablecoin to be a legal tender. And for such approval, the guys from the government will receive a bribe in the issued stablecoins. |
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I think OP is making a common mistake by buying coins when they have reached a local high. After all, it is obvious that after such a rapid price increase, a correction of bitcoin will be required, which will entail a decrease in the price for altcoins.
What if there is no corrections and the market get more higher at then op might keep regretting for not buying at the time required... 1 hour have passed since my last publication, and we saw a correction of bitcoin by 800 points and a corresponding reset of altcoins. Whether this correction will continue further, we will find out in the near future. It is possible that there will be no further correction, and this price will serve as a starting point for further growth. |
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I'm certainly not the most qualified person to answer your question but I recently came across an article claiming that the FTX exchange was able to recover 5 billion dollars in assets (including other cryptocurrencies, cash, and other liquid assets) in an effort to repay its customers, which could possibly justify the recovery FTT is marking. Source: https://cryptopotato.com/ftx-locates-5-billion-in-assets-attorney-says-report/Those who bought the coin at the lowest price will use any positive news that is associated with the FTX exchange and its former SBF head to pump FTT. Whether this will be the last bump, before the final dump, will depend again on how the issue related to the further functioning of the exchange will be resolved, since FTT is an exchange token. |
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...I think it is very safe to invest at this time but hundred percent safe investment can never be expected in crypto.
I think OP is making a common mistake by buying coins when they have reached a local high. After all, it is obvious that after such a rapid price increase, a correction of bitcoin will be required, which will entail a decrease in the price for altcoins. |
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I'm gonna share my personal experience of copy-trading I have been copied on 2 platform the first one is bingbon and now called BingX is futures paltfrom like bybit i deposited 100$ might not much for you guys but this a lot for me and then I'm ending up a couple of dollar and total doomed and second I tried binance traderwagon and same i tried it with 200$ and ending up 30$  I don't know why maybe I choose the wrong lead trader but after loosing money I decided to stop but sometimes I see people share their profit and make tempting again  I think that your loss of deposit is due to the fact that the trader you copied used the x1 leverage, and you used a higher leverage. Thus, the leading trader will still be in the position, while your order will be liquidated by that time. |
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My friend got one country goverment in the board to create Stable coin...
Also guys from goverment Will get nice share of coins If they LET this coin to be legal Tender.
It's all called in one word - corruption. And I am already worried about this country, where clerks who neglect the interests of the state, led by ignoramuses who do not understand blockchain, are trying to create a stablecoin for their enrichment. It should be noted that many developed countries are currently developing a state digital currency - CBDC for these purposes. |
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thanks for the advice friends,, but I personally don't really think about the price because I invest for the long term, and I express that I am happy because I see the price. and indeed the nature of bitcoin is fluctuating,
Precisely because you are a beginner when investing in bitcoin, you will be disappointed when the price of BTC goes down. You simply will not be able to abstract from the market and every day you will recalculate your losses and think that you could buy bitcoin much cheaper than you did earlier. I wonder if you have set a goal for yourself, at which price you are ready to sell your BTC? |
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..That said, the story can be interpreted in a different way: don't be too greedy, sell your coins when you're in profit because most investors usually lose. Be in profit, even if it's just 10%. Don't hope for 200% as you may never get it...
I would interpret this story differently)) This is more like how many beginners are trying to earn a big profit in a short time without observing risk management. In this way they turn trading into a casino, betting all their money wanting to increase it, but as a rule they end up losing their deposit. |
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Of course you can, you can short it on exchanges. But, obviously, you have to do that before it collapses. After that, I don't see any way to get profits from it.
Obviously, when the price of the coin reaches the lowest value, you can buy it. This is exactly what investors are doing in a bear market. So if you have the necessary capital, you can form your portfolio for long-term investments and if you have selected good coins for this, they will bring you a decent profit in the future. |
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...Luckily I don't have any problem with this given that I'm doing DCA and just don't care where we are headed right now.
At some point, your stock of stablecoins will run out and then it will matter to you which way the market will move. Although my opinion is that if you have bought coins, then you are already in a long position, regardless of whether you are trading on the spot market or in the futures. |
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Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana?
It is impossible to know in advance which coin will bring the highest ROI to the investor. And we will see many more examples like Solana in the next bull run. And if you are upset now that you did not buy Sol at the lowest price, I think the market will still give you such a chance. |
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...If I use $1000 to trade and get $200 in profit, I withdraw $200 and consider it as I already secure my $200 initial capital. Do it a few time till l secure the $1000 initial capital completely...
This is probably a good strategy, but for me it is clear only in the part when you get a profit and withdraw it to another wallet. But since trading not always profitable, what do you do when you get a loss of $ 200? Are you moving the missing amount back to the exchange again? |
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