If that's true for sure there will be another great run in the market , indeed when it comes positive news especially if it's about bitcoin there's always an impact in the market afterwards. So don't be surprised what will gonna happen in the near future once they got the approval. Anyways thank you for sharing these kind of news mate, but can you provide a source or link if you don't mind.  |
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Rightly said @AniviaBtc trading bots are not my thing especially when it comes to trading. I understand that people want quick money but in my opinion I'd rather carry the responsibility of loss myself rather than a bot which could much quickly lead to a loss.
Unlike a human the bots at the moment only train and recognise certain parameters, they're not adaptable and trading is all about adaptability.
yup trading bots will perform only what program it has..So for that reason there's a high possibility as well that it will lead you to losses instead of quick profits once market suddenly change performance.. For me yes it's always good to take the responsibility wherein even you need time for it, at least you can assure that your money safe at the same time unlike bots that you can gain quick profits without doing anything but the losses is too high also if you made mistakes and you forgot to manage it.. |
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What is better and which one would you guys prefer. I have been doing spot trading but i haven't made much money, so i was kind of making up my mind to jump in future trading but a lot of my friends are asking me not to as they think that i can loose big. So what you experienced traders prefer?
i never try future trading but base on other people experience in it, some say its quite skeptical and not reliable unlike spot trading, so it never came to my mind to step into it because also of some questions that until now there's no specific answers in my own opinion. If i were you mate if you feel comfortable and you already making good profit with spot just stick to it at least you make money from it. |
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Having such amount of bitcoin and he don't even have a back up for recovery? Well probably they don't have consideration when it comes such thing wherein even its very important incase of emergency. I don't know if they're thinking about such issues.. Or it's just nothing for them? Because you know if you really care about your stuff especially when it comes storing money, you will make a way or option incase what will happen to your important files and etc.. It's a big mistake to be honest wherein leaving your stuff without any backup. i hope that man is doing well right now..
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This lina coin seems done mate, i mean not showing any good improvement since the hard fall and until now as i check it through coinmarketcap. And base on the status, this coin has no market cap in CMC which is the most important data to determine if the coin is good or not. I dont know @op what did see on that coin because for me in my personal it's not safe because it's near to become shitcoin. Just imagine $0.15 and now its below $0.04 and cant even make good results. A friendly reminder mate you should think about it to prevent regrets
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For me the best time frame when trading is 1hour or 15 minutes because you can see all of the trends and of course the potential of the coin such where is the next distination of the candles. Especially using some useful indicators you can really determine the exact direction with that time frame even for shorting it's very effective.
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I've seen several times that every altcoins doubles the price in a single day which means every coin or token has its opportunity to boom. IF BTC price does down they drop but suddenly they skyrocket by the next day itself, it's pretty hard to judge which coin might pump for the next day. Is there any specific website which might help me to identify? Kindly share your thoughts.
for me having a good stats in the market probably you can identify which altcoins is good and has a chance to boom in the future. Indeed that's the very common suggestion when it comes picking a coin to trade or invest such those with good market cap, volume and etc.. And the best site to rely is through coinmarketcap wherein very genuine than other sites out there in my personal opinion. |
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At first i didn't expect that bitcoin will grow like this and i was confused and keep wondering that time if its possible to happen, but look what it's right now I'm now full of regrets, but of course we need to move on and accept the fact because maybe it's not for us. Indeed bitcoin still alive wherein we still have a chance to retain the opportunity we missed..just don't give up guys.. |
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What are your thoughts?
i am very sure that those altcoin that making progress nowadays in the market along with bitcoin and ethereum were the only alts that can make 10x at the later half of 2021.. Such SOLANA, CARDANO, ADA,XRP. Indeed even now they still keep promising wherein despite of the fluctuation and some corrections in the market. So for sure they will keep the same way within this year in my personal opinion. |
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Truth be told, we all know it. Crypto trader, regardless of how good one thinks one is, sometimes makes mistakes. While we all made errors, some were bigger than others.
Which do you consider to be the worst mistake you made when trading CRYPTO?
making mistakes decision is the common problem when it comes crypto trading, actually for me it's because of the volatility wherein sometimes the results of our TA end up nothing, especially if we trade at the bearish because sometimes indicators are giving a false signal. I agreed what other saying that we need to follow the trend, but for me we need to accept the fact that trading is not always good with that reason, because market directions can be change without any reason as well. and only traders that can hold their emotions has the ability to survive with that scenario.. That's why i prefer to trade depends of the situation of market to prevent mistakes again. Lol |
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The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.
For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
that's why making technical analysis is a must when choosing or buying altcoin wherein in order to have good return afterwards.. Not when you see a coin at the very dip in the market you will buy immediately. Nope it's a big mistake! Because fyi mostly nowadays when it comes altcoin, somehow they cannot guarantee to recover back to the top after hard declined because everytime there's a good emerging coins in the market reason investors prefer to take the advantage especially if there's a hype, what i mean rather than putting again their money to the project where they already made profits because it will take some time again to make good improvement.. That why some of them turn into shitcoins suddenly without knowing.. |
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I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
Perhaps no need to worry about that mate sice market always plunges after making all time high, wherein if that times happen for sure whales will interrupt again to manipulate the price back to the lower price in my personal opinion . Remember that we are at the buy low and sell high market. so stop assuming when bitcoin price continue to surge it will stay for long time because as long as whales sees that there's an opportunity for them to obtain massive profits it's impossible to happen. |
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Despite of the situation for me in my own opinion probably it will stay around $50k until this month of august end, because as we can see it keep making a fluctuation everytime when the value reach the all time high values. I mean not just a normal fluctuation wherein to much fluctuation before touching again the resistance and it can't even exceed as of now. Perhaps next month $69k isn't possible again unless the bullish will last until September.
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~
If the government does not allow that, people can still do peer-to-peer or p2p transaction. Others would even use VPNs to still get access to these sites.
In the end, the government couldn't just go and do a total ban of crypto especially Bitcoin because people still have the available technologies out there in the internet to bypass these restrictions. your right mate there's always an option for it just to have an access on crypto market and etc because of what types of technology we have right now wherein if however it will happen.. But of course i hope not.. Because for sure there will be a massive changes in the market especially in the prices.. Its like a hard declined for sure and probably the most worst situation than banning countries that usually happening in the space. Let's just keep hoping it will not happen in the future instead. |
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Think about it before making decision, because its definitely not safe especially if you don't know how crypto investment really works, if i were you must educate your self first so that it's not useless and to prevent problems in the future as well, remember many people always end up losing money because of being lack of knowledge. So be aware to keep your borrowed money safe and you will become successful instead..
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Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
correct without certain planning it can cause panic selling at the very low price when it comes trading, so always bear in mind to make a good strategy and don't be hasty to place order especially if you saw that the price suddenly decreased because its just a part of the volatility, wherein make sure everything will be gonna be fine afterwards by making technical analysis and etc. Dont follow your emotions, always remember that before making decisions .. |
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Hell yeah, that's very suspicious wherein how comes you need to pay for gas fees even despite you're the receiver not the sender. Lol indeed who will gonna pay for such shitcon, and if however it has a value it's still not worth it because we all knows that the fees nowadays still high, but no, it's wrong to be honest!
If were you must rely in some trusted dapps not that that kind of dapps wherein the intention is very obvious, tho, i mean just want to get some cash in easiest way.. Just imagine the fees right now. Lol
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For me in my opinion probably when they were at age of 15 because i know they can cope to understand anything at that age,wherein it's a good decision as well for me so that until they reach the age of 20 they will become expert in it. For now i will let them enjoy their childhood. Because when its time for them to learn trading no more such stuff and they all need to focus in it everytime. Lol
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Ethereum really doing well right now but $5k is still too far to reach mate, even we say within 2 months still impossible because ethereum is too slow compare to other crypto currency progress in the market. And you know we all knows that this uptrend will not last for long, so probably next year there's a possibility for ethereum to reach that value, indeed we don't need to be hasty to be honest because surely time will come and perhaps even 10k or more isn't possible to achieve if ethereum keep making bullish trend in the market.
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I have been in the forum for some time learning different aspects of bitcoin, now I want to be more practical about bitcoin as a currency. I introduced crypto payments for my business and have been making sales lately. I'm in the clothing industry and I believe in crypto. I have my wallet addresses and barcode printed at the door and pos! For now, I accept Bitcoin, and Etheruem. These are 3 popular coins in my community.
So far customer feedback has been good. Some people are glad to be able to use bitcoin to actually pay for a service, Nigeria is a growing market you see. In addition it has also got my business attraction from customers who are in the crypto space. The challenge though is the issue of transaction fees, 8 out of 10 customers aren't exposed and only use the blockchain wallet. I try to educate them on other wallets with low transaction fees like electrum.
I feel good about this new development. I get to interact with customers about Bitcoin and share ideas
well congrats to you mate, indeed it's a good idea to make the payment so easy and you know instead of using any digital currency its good to rely with blockchain because at the same time you can get benefits from it when market is in bullish mode. Lol by the way if i were you mate make a poster as well how they can pay bitcoin and ethereum with low fees so that they can follow the steps immediately rather than teaching them one by one wherein it will take time for sure  |
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