Well for me your living in crypto even you convert to real fiats wherein even through debit card or bank as long as it came from any crypto currency, still the same. Because you now you have no choice especially if your country is not yet accepting crypto currency as a digital payment, so you need to convert it in order to spend it.  |
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If ripple(XRP) will continue to make good results until this year end probably its not possible to happen since 2021 seems a good year for xrp. Actually upto now many traders sees that it will tends to break new all time high value along with solana, cosmos and cardano, so if it will continue to keep climbing for me in my view perhaps even in just a short period of time it's possible to reach that value..
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It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose
being knowledgeable about trading is a big advantage, i mean you can handle such situations and perhaps you know what to do especially how to control your emotions. wherein there's no need to worry about it as long as you trade for long position.. If not then it's a big problem and the only choice you have is to hold until you regain the losses.. |
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We are still at the mid of the year mate wherein there's still a lot of things to happen in the market with that token(matic). Nevertheless for me in my personal opinion, perhaps we need more results for that before we can make prediction in it. yeah i know this coin is very popular alts as well because of features it has and how it can be used nowadays, but we are not a fortune teller here, so we need more results if what will be the future of this project..  |
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So not only is btc a good store of value u can earn interest on your bitcoin holdings. I'm holding btc and eth and gaining daily interest 3.8% apr on the exchange. Hotbit.io I am also doing defi farming on these holdings. So Additional gains about 9% apr.
Let's say I'm holding 500k usd of btc n eth I will earn about 17k$ interest a year.
There is risk involve at how exchanges can exit scam or hack exchanges.
But it is truly amazing to be gaining interest nowadays. When I first started 3 yrs ago there was none of this interest or defi farming.
I can start early gaining small income earnings rather then buying a house for 1 mil in cali and renting it out for 36k a yr minus property taxes to about 24k a yr.
I'm sure this crypto asset will be a golden age. Instead of finding money by holding land. U can find money by holding btc n eth through interest. Just my opinion.
correct, it's always good to hold bitcoin or should i say crypto currency than any investment like stocks because for sure with crypto you can really obtained a good return after all, i mean it's all well and worth it at the end of the day. Indeed why we need to choose an investment wherein if there's already a proof that with crypto currency there's a good future even before.. Too good to be true!. |
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For me trading probably, i mean whatever it is "short term or long term" depends on the situation, but yeah so far there's no problem with it.. It only requires more patience and more knowledge as well. wherein if you don't have such much better to hold to prevent risky situation, but make sure you're at the coin/project that can really survive and can truly succeed despite of the situation of the market because if not then all your efforts will be useless..
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Moving on is always a good idea mate, wherein just never give up because on this world no one is perfect and all of us experienced the same mistake, indeed. but of course you know we should learn the lesson from our mistakes so that it won't happen again in our journey..be smart enough and don't be lazy because everything has a solution wherein its up to us if we really want to solve it or not. But if you want to become successful then do it, because no one will do that for you, lastly a friendly reminder mate that always start your day with full of determination because for sure on that way you can always survive and surpass all of struggle in your life especially here in crypto space.
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For what i know when it comes staking you can get massive profits as well but it depends what are the percentage where did you stake your money, correct me if i'm because i dont have any experience in such way to be honest wherein i just saw it in youtube when someone staking from another platform. But if it's true and i will choose which is the best way, perhaps the most profitable is holding because you can obtain a masive return especially the coin you pick to hold is keep surging and breaking all time high values . And by the way i remember that the percentage of profits from staking is just estimated and they said that there's a changes depends the situation..
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hello,
I am not a stop loss fan, I'm using margin adjustment instead, I accept the risk of market crash or pump but I use the right leverage that in general fits the day/week evolution for a particular coin.
What about you? Did you use both methods for keeping your position in profit? Which one you consider better?
Thanks
i don't used stop loss as well since i have full time to monitor the graph especially when it comes the candles sticks where i can determine the potential of the growth rate, so far i have no problem even through day trading wherein i can manage the right time to sell and buy, but for me it takes time because i want to make everything will follow on my technical analysis.. And also i never trade before sleeping because it's not safe since i don't used any tools to prevent losses when market crash.. Actually probably its not important especially if you have so much time to handle the situation of your trade. I mean stop lose are for those people only who don't enough time for it in my personal opinion. |
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A lot in my opinion but of course only those projects that continually making hype in the market up to now has the potential to survive , wherein not those altcoin that seems very steady and no enough sign of good progress, especially old coins that stuck up and new projects that suddenly fell after making hype in the market and no good results after all.. So for that reason it's not surprising in my personal opinion if they will end up into shitcoin within this year as they're not showing a potential as well to obtain attention in the market wherein in order to survive.
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how do you manage stress if you loss biggest amount because the value of your token is hitting down or NFT project is not ok?
in your opinion how diversify your investment in other alts to cope up your losses?
take a break is the best option if you see that your investment isn't in a good condition, it's just a normal situation, indeed. And there's no need to worry about it especially if you knew that the project is good and very optimistic. Actually that's why some experts here always saying that we must investigate first before making investment such if the project is genuine and has a future wherein so that no matter what happen we still confident and sure that despite of the situation there's a good recovery in the future afterwards. |
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When i flashbacks far 2013 and 2014, within that range far back i remember how people were castigating bitcoin as a means of extortion of money, and also a means of scamming peoples money, but today everyone is interested to invest in cryptocurrency and more especially in bitcoin, because from what i observed from little bitcoin seminar program i hosted in my geographical domain even a nursing mother that is approximately forty to forty eight (40-48) years is interested to invest with bitcoin and children in school is already knows what is bitcoin, so with this length of bitcoin awareness in my society i think BTC can stay till infinity.
everytime bitcoin makes improvement and breaking new records in the market, thats the time people really sees the value or advantages of bitcoin than other investment such stocks and etc, well it's not surprising actually because of some references nowadays of some successful people because of bitcoin or should i say crypto currency.. |
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Which trading indicators you're using usually? If you can share the configuration for each would be nice, if it's part of your own secret strategy, I can understand it  thanks when I'm trading i used to apply at least 3 indicators such MACD, Bollinger bands, Stochastic RSI because for me with these indicators i can really see the potential of the candles especially when it comes shorting..for Bollinger band i leave it as is but there's a sign that you need to know about it when it comes to those 3 lines (middle band, lower band, uperband) like what will happen if the candle stick touches it. And Stochastic RIS i leave it as is since its very accurate if it's over bought and over sold the same with MACD, but for me MACD is more reliable wherien i just used Stochastic RSI for more information..  so far they don't give me a problem but it takes time for me to make TA..perhaps 2-3 hours. |
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The BabelFish a Revolutionary Stablecoin Protocol which was sold in 0.11 $ in public sale and Investors were so keenly interested in this project that sale finished within 31 minutes and company raised capital of 45.781 BTC which comes about more than 2 Million US Dollars. Today it got listed on SOVRYN Platform at 0.15 $ and quickly rose to 0.36$. The price of token jumped 225% within no time. it has much more room to grow further becuase the Project has good inherent value and is backed by professional and forward looking team.
well if that's true it means the project is really good especially those team behind, and for sure they will make more hype after listing through some reputable site such coinmarketcap, CoinGecko and exchanges because in my view seems this new projects are not yet on that stage wherein how they can get more attention from investors and traders. It's a big help actually i hope they have plans for that on this month of September while the market is in a good condition because for sure it will skyrocket immediately. |
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No offense for other countries 🌹
Why should other countries did not accept Bitcoins or let's says that Bitcoins are illegal to them?
Many reasons why some countries treated Bitcoins an illegal. But we all know that Bitcoins did not break the rules of the government, in fact Cryptocurrencies are very popular nowadays especially Bitcoin, many people got successful by joining Bitcoin.
In my point of view Bitcoin is not illegal unless you're trying to scam someone. Bitcoins did not steal money from the bank so what's the point we say Bitcoin is illegal?
it's out of control mate and that's the reason why some of the country still don't want to accept bitcoin even despite a lot of people's and other country sees that there's a big of advantages on it compared to real fiats, and also by the way the risk when it comes to it and some other stuff that for them it's breaking the rules, is the common reason as well mate why other countries still against in it. For me i dont know what rules is that but let's accept their decision, indeed every country had different rules when it comes money and etc, so its their choice and we cannot force them.. Just be thankful that in the place where you live it's not prohibited. |
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For me in my personal probably the good picked are those coin in the market that still making good results at this moment such solana, xrp cardano, polkadot wherein at least along with the top 10 cyrpto currency in the market. Because for sure they will constantly making progress especially on this mid of the year. Indeed most of the news of these coins are good and alot of investors/traders around the social media are very optimistic since the signed of those i have mentioned above were still the same since the day one of bullish until now. So perhaps there's no changes within the month of september in my personal opinion.
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For newbie probably i will suggest to learn first what are the most important things to note before learning the tools in trading.. Because it's like you just start from the top instead of starting at the introduction of trading, so for that reason for sure you will not become interested to know what are those basic information and importance of being traders especially if you already know how to use those indicators wherein what will came up to your mind is to trade immediately.. No that's a big mistake because even you have the skills already but despite you don't have enough information it still useless. So for beginners must start from the basics, put some time to read then after that you can practice your skills and etc. Patience is the key and i know that's what a good trader is.
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
there's a lot of technical indicators for trading mate, if i were you visit youtube and search "useful indicators for cyrpto trading" for sure you will see some very informative videos wherein step by step tutorial as well how you can apply it properly. Indeed there's a bunch of professionals traders that making very useful videos in youtube for traders especially when it comes beginners so must try mate. |
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Well i fell you mate that selling ethereum right now is not a good choice, especially when you know that there's an upcoming event, its definitely a big mistake, indeed even me if i were on that situation for sure i will suggest them to use P2P or any reputable P2P service in the internet wherein rather than selling my ethereum because it's like you let the opportunity to obtain good profits go away..so never in my life, especially if there's a bullish season in the market because it's the right time to multiply our money .. Lol
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Hello bitcoiniars I am working in a private liability company and I want to receive my salary in Bitcoin which is around $1500 monthly my main aim is to use it as an investment now my confusion is how do I service with paying off bills I have a few hours a day to myself which I can use for another side hustles. Please, what do you advise I do in other to hold at least 80% of my salary in bitcoin?
no need more time for it mate but at least you have digital wallet in your phone, for me in my opinion trust wallet is the best option mate to hold bitcoin wherein only finger print you can access your wallet immediately if you want to check, and however there's a qr code as well so that you can transfer your salary without hassle. For me trust wallet is more convenient because it's so easy access unlike other digital wallet, but make sure to put a little time for making backup such the phrase which very important thing so that you can recover your money no matter what happen.. |
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