Trading or investing ..does Trading pay more than investing
I believe there are advantages to trading over investing. The fact is that by trading you can earn many times a day and it does not matter where the price goes up or down. And in investing, you bet, for example, on the fact that the asset will grow, but it may, on the contrary, fall. At the same time, when you invest, you need a lot of time to make a profit, and when trading, you can earn immediately if you see a profitable opportunity. I have already tried trading cryptocurrency and it is really more profitable than investing, although it will take more time. |
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It so happened that BTC and in general cryptocurrencies are now not that they are not legitimate money, they seem to be not money, but more of a kind of asset, which, as I know, is already beginning to regulate in many countries, which means at the official level on legal grounds BTC and cryptocurrencies are assigned a certain status. This means that you need to look at the laws in those countries where the regulation of BTC and other cryptocurrencies began, and there you will find out what BTC or other cryptocurrencies refer to. It is worth noting that there may be different concepts in different countries.
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A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
The fact is that while some people say that it is too late to invest in BTC, the price of Bitcoin is growing even higher. If you want to get an exact answer to the account of how high the price of BTC will increase, then you will not get such an answer, since if everyone knows the peak price of BTC, then it will not be interesting and not correct. This is a game and as in any game there should be excitement, doubt and uncertainty. This is what gives people with the best endurance to win and make a profit. Another thing is that the price of BTC is already high and I would really like to buy BTC at a low price, but then the question? Why haven't you bought BTC before? |
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Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
I believe that BTC domination will remain large, since now all forces are thrown on the growth of BTC. For this, funds are needed, and it is precisely the altcoins that will serve as growth for BTC. I believe that in such a situation it is better to keep funds both in BTC and in altcoins, however, you need to be more careful about altcoins and try to choose more promising ones that can show good growth. |
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Just a curious question.
How long can this BULL run last??
As there will be a huge correction inevitably.
Would love to hear different strategies or exit plans or Hodlers
Which coin should we buy now?
Guidance from old Experts would be appreciated!
I believe that the bullish sentiment in the crypto market will be throughout 2021, and after that in 2022 there will be a deep correction. Why is that? That's all! I proceed from the history of the development of the crypto market, but it turns out to be cyclical and repeats every four years. The last peak in prices was in 2017, now it is 2021, and this year and I am the last in this cycle, which means we should see new peaks in cryptocurrency prices. Of course, this is not 100%, because plans can be confused by some unforeseen event, for example, a stock market crash. But I still hope that by the end of this particular year, the cryptocurrency will be bullish. |
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I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
If you are looking for a group with cryptocurrency trading signals, then you should know that it is very difficult to find a good group and that there are a lot of scammers. How do you make the right choice? To do this, you need to study each proposed group and you need to do this free of charge. After all, if you are asked to pay right away, then where are the guarantees that their signals are working? You should be given the opportunity to make sure that the synals are working for free and you will not lose your funds. All this is a complex process and will take time to study accurately. The main thing in this matter is not to rush, but to get as much information as possible, try out several free signals and only then make a decision. |
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Intense interest in cryptocurrencies and the Covid-19 pandemic have sparked debate among central banks on whether they should issue digital currencies of their own. China has been in the lead in developing its own digital currency. It’s been working on the initiative since 2014. Chinese central bank officials have already conducted massive trials in major cities including Shenzhen, Chengdu and Hangzhou. “China’s experiment is very large scale,” said J. Christopher Giancarlo, former chairman of the U.S. Commodity Futures Trading Commission. “When the world arrives in Beijing next winter for the Winter Olympics, they are going to be using the new digital renminbi to shop and to stay in hotels and to buy meals in restaurants. The world is going to see a functioning [central bank digital currency] very soon, within the coming year.” The U.S. is playing catch-up. In late February 2021, Fed Chairman Jerome Powell said the U.S. will engage with the public on the digital dollar this year. Advocates contend central bank digital currencies can make cross-border transactions easier, promote financial inclusion and provide payment system stability. There are also privacy and surveillance risks with government-issued digital currencies. And in times of economic uncertainty, people may be more likely to pull their funds from commercial banks, accelerating a bank run. The source of that article can be found here: https://www.cnbc.com/2021/03/06/why-central-banks-want-digital-currencies.htmlWith the development of the digital sphere, banks understand that money can pass by them and something needs to be done, but there is still no exact confirmation of what will happen and how. On the example of China, we can see that the testing process is underway, but they also do not force this direction, since in order for everything to work as needed, a guarantee of performance and agreement with other countries is needed. You don't need to think that if one bank decides to work with crypto, then everyone will do it right away or it will be accepted by other countries. I believe that all this is not yet accurate and probably a lot of work is underway to resolve the problem in the financial sector. |
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If btc goes to 100k it will "only" have (more or less) doubled from its ATH.
From there it will need to rise another 100k in order to double again. I don't say this is not a good investment, but first of all crypto owners are spoiled, until up to now we were used to 10-fold, 20-fold + increases, so doubling the money has not been really special.
But this smaller reward ratio is paired with a much bigger risk ratio, since btc's swings in a correction period will also get bigger.
For hodlers who are in from the very beginning, it won't matter much probably, but where will btc find new buyers when it has reached 100k and needs to go up another 100k in order to double again in price?
And the fear of FOMO will also become smaller, as people will at one point accept, that the train has left the station.
Of course, should btc show convincing signs that it could reach 1 Million very quickly, then the whole picture changes.
To understand how BTC works, you need to look at the history of BTC development. History shows us that BTC showed new peaks in its price every four years, and after each such peak, its price went down for a correction. Now, everything is likely to happen the same way, by the end of 2021 BTC will show a new price peak and then go into a deep correction. It is worth noting that, no matter how it was, BTC is a high-risk asset, which has already made it possible to make good money, but also made it so that some investors lost their funds. With the rise in the price of BTC, there is growing interest for investors, as well as doubts about buying it. This is logical, since with a new peak in the BTC price, the risk increases. |
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Check out this coin guys, I think it is really good and seriously undervalued. I see it going to 1$.
I have already been associated with Harmony ONE and have been able to make excellent profits. Now I see that the Harmony ONE token began to gain momentum and its price began to rise. All this can really make the price of Harmony ONE equal to $ 1 and even more. It's just that this year 2021 is the year of crypto and it will bring many more good surprises for owners of both Harmony ONE and other cryptocurrencies. If you are considering options for investing in promising crypto assets, then you should definitely pay your attention to Harmony ONE. |
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I believe that DeFi is waiting for further development and implementation in various areas. It is also worth noting that DeFi became popular very quickly and is now bringing excellent profits, as well as making finance more accessible in the world for different people from different countries. The introduction of DeFi into social media will allow you to start monetizing your content even better, easier and more profitably, and will also help more crypto adoption in the world.
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
You're right! For effective trading you need capital and the more the better. I remember my first experience in trading, when I tried to trade for a small amount, all this is a waste of time, the maximum you can get a little experience, but you can never make good money. The main thing in trading is to make a profit, and this profit should be tangible so that you have the motivation to make more profit, but this requires capital. |
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March 2020 an investor, athlete and youtuber known as Andrew Tate bought $300k worth of bitcoin priced at $5900. And another $300k worth of bitcoin priced at $6100.
He claims his BTC holdings today are worth around $7 million.
Definitely one of the more colorful and outspoken personalities in crypto willing to voice some of the more audacious opinions, its possible he deserves more attention than he receives.
I see it this way. Everyone who is lucky to earn big money begins to think of himself as a great professional, although he was just lucky. Yes, he now has a lot of money and he can distribute advice and perhaps some of them really deserve attention, but not everything is so simple. He still has to go through the path of retaining this wealth, and then increasing, if, of course, he does not lose his funds. Making money is only halfway there and everyone cannot be rich. |
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I suspect I have an argument for why bitcoin will die. Please challenge my suspicions.  I believe that there is logic in your words and I am not going to refute your words. If we talk about Bitcoin as the new world money, then you need to understand that in addition to security, there is another very important factor. And this is the adoption of BTC as, say, the reserve currency in the world. That is, it is not we who decide this, but the heads of state. At the moment, I have not yet heard official statements about Bitcoin from world leaders, which means that at the official level, hardly anyone considers BTC as money. As a new asset for saving money, perhaps yes, but as the world's money is unlikely. And there is also a logical explanation for this. The fact is that in the future we are likely to return to currency zones and there is a possibility that there will no longer be a global reserve currency. |
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So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?
I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.
I would recommend that you take profits with Ethereum or, for example, get your investments back and invest your profits back in ETH. I believe that you need to adhere to the basic rules of investing and always try to return your investment as soon as possible, or if you want to get the maximum profit, then you need to take risks and keep the Ethereum you bought for as long as possible in order to extract the maximum profit, but this is already a risk and this must be taken into account. |
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