The higher the leverage the high the fee that will be deducted after you close the position. .
so there's always a fee even you place your order once the leverage is getting higher,? actually i've been using binance and at first and i was wondering why there's a 1$ missing on my spot account after placing order and when i see that i have good profits for example $10 after closing my position, what i received is $9 only.. It's very confusing to be honest. So it means if you have large amount to trade they will dump a big amount of fees as well wherein everytime you place and close order? Just asking.
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I am still not surprised that many people leaving in this era still don't know about Bitcoin or digital currencies. I was discussing with some one about bitcoin and it's achievements over the years and how this past few years has gained massive ROI for investors and he was so concerned about how people got scammed using online platforms giving negative attributes to Bitcoin to him bitcoin is a Ponzi scheme.
Many still find it difficult to accepting this digital era because of their past experience with internet fraudsters and looters who made many bankrupt when ponzi was introduced. How do you think this stigma can be dealt with and how do we get people out of this so the don't get left out due to their FUD letting them settle on their negative notion about crypto generally would only make them aggressive with crypto investors and would still see the world the way men in the 80s saw it with lots of limitations
well we cannot blame them its their choice, because indeed if they are really interested to become part of crypto currency such bitcoin, perhaps they will make a good research to avoid those frauds enthusiast that keep fooling around the internet. Indeed using basic research nowadays you can see some feedbacks from other people wherein if the site is totally legit or not.. Sorry to say but mostly newbies just want an easy money, i mean even before reason why until now they always fell to some ponzi scheme.
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Actually there's a lot of time for bitcoin to make more improvements within this year. And for me in my personal opinion i will not become surprise if it came back again to the current all time high value before this year end as it keeps promising today.. But be aware of upcoming bearish season mate. because some analyst have views already that there's a potential it will gonna happen between November and december. By the way it is just a prediction , but of course we need to keep in mind that the rally is very long now wherein we need to be ready as well if that times happen..
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As we all know that, Non Fungible Token (NFT) is very hot topic these days. But, I want to know what's the future of NFT and is it the good investment for future?
probably yes for now these NFT's in the market is a good pick for investment as they are really exploding and very promising nowadays and indeed many people already have good experience and of course income from it since they become more popular in the internet. But i suggest to keep monitoring the growth rate so that you can easily dump when there's a problem occurs, because you know the amount of NFT's in the market is getting bigger, i mean there's an impact to some token as well especially those already performed because of new promising token that emerging in the market and some investors nowadays that always jump to another because of greediness.. So we must be ready and aware always to protect our profits from that scenario never expect too much.
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For me there is no problem with default settings even using a short time frame in trading , but i used 2 more indicators in order for me to find out or to determine the real potential of the growth rate and that is macd and Bollinger indicators, so far it's still good wherein there no problem with my trades.. And by the way you know sometimes when it needed i set moving average into 200, or 25-50.. So that i can get more information where will be the next direction of the candles..
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There are more frauds in the internet so don't ever believe what someone's offering to you even they show some proof because nowadays people can really used fake evidence just to convince their traget., unless if they're the only one who make transactions to your account and they will provide more information then it's not a problem.. But if they ask you to do it first without any reference that can tell the truth , well it's a big mistake even they offer you a big commission don't ever make a decision because that's how the way they can blind people around the internet.. So be aware always for your safety..
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Bitcoin price rose to $50K today and is predicted to continue to increase until the end of the year. Today's Bitcoin price increase is also followed by Altcoins with a good percentage. Is the Bitcoin price hike followed by some Altcoins a scenario? Or are there other positive factors?
yep mostly altcoins in the market always following bitcoin when there's a uptrend or if it's bullish season of bitcoin , as the matter of fact even before wherein the price isn't this high, its happening very often.. Probably that's what it is wherein if there's no bitcoin they cannot go to the highest level like where they're now today. For me if it's possible maybe it's too slow and not very optimistic.. By thecway I'm just saying. Lol
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Unbelievable, SOL was only $1 last year, now is $144 It is 144 times that of a year Can I still buy it? Which is next one? its up to you mate. Because me to be honest despite of the situation i'm still buying solana but only for quick profits always as its already at the top wherein there's a possibility it will change direction anytime without any sign.. But you know if you will keep reading some important news about solana and you used to make technical analysis it's safe in my personal opinion, infact so far i have no problem with my trades as of today..
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I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.
Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.
And how are your funds allocated?
actually that's a good idea rather than putting your money in just one basket because sometimes its not safe and can guarantee huge profits after all. For me maybe 25% for alts wherein just pick 2, but make sure you will pick a good coin so that you can assure it's totally safe and worth it after all, and also the rest you can put it on bitcoin and ethereum because these two is more reliable when it comes investment especially long term.
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Seems impossible mate, because you know Afghanistan is not that good when it comes such technology, and perhaps there's a lot of people who cannot afford to adopt bitcoin if that happens. Indeed the common problem on that place is "internet" and the amount of people who owned good device even smart phone. And there's are some issue in taliban as well that still stopping people when it comes crypto currency.. So it's not possible to happen in my opinion.
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Actually ethereum really doing well right now wherein if it will continually making good results at this middle of year 2021, my prediction will be $5k.. Why not since most of the news of ethereum nowadays are really good and traders and investors were always optimistic because of that reasons..and for sure there's a FOMO as always that will drive the situation, so probably this situation will last until January and even 5k isn't enough if ethereum constantly increasing in my personal opinion.
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Polkadot really showing a sign of progress reason many people nowadays making prediction about it.. Indeed this coin is one of the most popular coins this year wherein along with XLM, ATOM, ADA, SOLANA and many more alts in the market, so it's not surprising if we will see some good sights especially within this month of september, that most of the good news from some experts is not yet done because of some break outs sign of these coin..
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Both are very risky but when it comes trading all the situation has a solution unless if you're knowledgeable and had enough experience to handle all the risky situation because surely you can win despite of the risk.. Unlike gambling that it's a game of luck wherein you don't have any idea if you will win or not because it's a gamble so you need to play win or lose and you cannot cancel the games once you're in it not the same with trading that anytime you can make changes..
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Indeed twitter is the main place where people usually promote crypto currency such bounty projects and of course when it comes daily news of BITCOIN and more. so that's a good idea actually in my personal opinion as well. Infact it will be a big help to support the crypto space since millions of people using twitter nowadays.. For me "Tip jar" this word will become more interesting in twitter soon.. Wherein it's like you created a site for crypto related projects and suddenly you will receive a tips from people who likes your content.. It will be like that for sure.
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We know that DOGE is so hype, and it seems the hype is over and only those bag holders are controlling it now why the price is still one. Sooner or later, we might be able to see a big dump of DOGE, so I like to know your prediction about the price if that scenario will happen this year. The current price is $0.2871 - https://coinmarketcap.com/currencies/dogecoin/Possible price ranges in dollars. 1. 0.1 - 0.5 2. 0.05 - 0.02 3 0.01 - 0.005 What do you think the range it will fall and why? well for me in my personal opinion i guess the number one is more realistic which around 0.1-0.5. And it's base on the situation of dogecoin nowadays that despite of the current performance in the market seems there's still a potential, but it depends if bitcoin and ethereum keep making good progress because we all knows that without them alts will not making good improvement as well. So for short doge has a chance unless if btc and eth keep climbing and showing good results until this year end because surely doge and other alts will do the same. By the way doge now is 0.3.
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Spot trading is very slow, yes i agree with that but if you have enough skills and knowledge how to handle your trade there's a possibility as well of good profits afterwards.. And actually it depends in what amount of capital you have in spot trading. Wherein of course if you trade with small capital then it's normal that you can obtained a small profits and so on. So if you want a good profits probably 200$ is enough in my personal opinion.
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Still too far mate for 0.01$, but you know its not impossible to happen, as long as its keeps making good progress. As the matter of fact as of now shiba inu has a good percentage and the status seems not bad wherein it keep climbing as well in the market along with some good alts . For me if it will continue to show good performance there's a chance within this year its near on that value..
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Actually there's no problem with staking aside of hacking issues.. Wherein its very profitable as well but the fact that most people can't afford to be paft of, it is the main reason why its a very rare topic nowadays, but of course at the first day it becomes popular as well, but you know time is passing by and mostly people seeking for new opportunities especially those who cant afford to join crypto staking. So it's not surprising actually..
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Hello, I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.
before you think about it must educate your self first how you can handle the situation in trading..because when it comes capital you can provide for it immediately, but skills and knowledge it will take too long to obtain especially for newbies.. So if you're planning to enter trading then you should priority the skills and knowledge before the capital because that's the most important to have a safe journey in trading..
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Possibly what you said could be true, but you also have to realize that the price of BTC can drop 100% from the highest price, then most other altcoins will also experience the same thing even though the decline will not be 100%, because altcoins will not be able to survive with good if BTC starts to decline by a very deep percentage.
correct, there's always a possibility that most of the altcoin in the market will follow after, wherein once bitcoin plunges. As the matter of fact I'm now facing on my monitor with four different graph and i noticed that most of the time when bitcoin and ethereum fluctuate some of my alts are showing the same pattern as well at the same time.. I dont know if you keep monitoring the price in CMC but to be honest when bitcoin is down i see that the market cap in CMC is red and most of the crypto currency are red also.. So i can say that they will follow with bitcoin if it fall back and struggling.
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