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I can tell that crypto and stock market are very different than each other. I can't argue one of them is easier, one need experience for both markets but crypto is clearly more risky for those who don't know what they are doing.
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No one can tell, but I can definitely tell that it will be no time you should be all in or out, there is always theoretically some points you should be all in for sure but in practice making such decision not different than gambling.
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Thank you for this useful and helpful piece of guide on margin trading. It will definitely help beginners, margin trading is not something very risky. If you know how to take advantage of it in crypto, it is basically very useful tool.
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Do they ever work in crypto? I mean newbies trade trash tokens with a market cap below $5m and they plan of making money with technical analysis, seriously? Even Bitcoin can be considered as a low market cap asset now.
having a low market cap is not the reason why trading those tokens is a bad idea. the fact that they are purely pump and dump coins makes trading them a bad idea specially for a newbie who is not yet familiar with trading or with the market itself. otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck. ''journals of big traders'' all this fancy words..... investing is no doubt the most risky, most difficult thing. All those people see on the internet teaching investing, forex etc. quotes, videos, e-books. All total bullshit. Let me tell you what you need to be successful in investing, trading and business, you need money! that can keep you in the game even when you fail and make huge loss many times. |
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It makes no sense to talk about trading cryptocurrency because 99% of the traders actually don't know what they are doing, so how can one talk about it and expect it to be meaningful except that you boost yourself.
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There is no single technical analysis or strategy that can be said to always work in crypto. Crypto is literally a little thing in the finance. Anyone can shake even Bitcoin.
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Will you use Digitex Futures exchange? If yes, then wait till it launches then buy tokens and use the exchange. Tokens are useless you must understand that and move on to other coins.
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It was probably airdrop but I don't remember well and many bounty campaings I participated in the past turned into scam. The ICO magic was full of scam projects but some projects really changed this space.
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My strategy is that simply doing nothing. There will be lots of ups and downs, if you trade along this run you will be having less number of coins in the end. Just keep holding what you already have and you will make the best possible profit.
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That might be valid for ICOs which always pay like %1 of the raised money, so when they raise millions of dollars and number of bounty participants is limited, the payment becomes huge.
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HODLERS are actually not greedy, they are basically loser as being not a good trader or not selling at a good price but maybe ''smart'' as they can hold it till the next bull market. HODLING is something to feel shame for not to be proud of.
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I'd traded in the past, it was in bull market I made profit but I actually I made loss, it depends on what you want more $$ or more BTC. I'm more interested in trading strategies that work in a bear market rather than bull market.
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The maximum you lose is no doubt less than that you lose with investing in altcoins. But you may make less profit with only Bitcoin. I think investing in coins like Ethereum, EOS etc. besides BTC make senses, why not?
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Check the market right now, there will be a bull run for ethereum for sure as happening now. If you are totally sure about the coins you hold, you should never care about the rise of btc.
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Funny bullshit, if there will be a bull run, no matter how powerful such companies are, they can only delay it for a while and there must be good reason for that considering the cost.
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Is there any real waves token out there? I've been airdropped maybe over 100 waves tokens, in total they probably worth less than $10 if I would be able to sell them in waves dex. It may have nothing to do with waves though.
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LOL, if you take such advice from anyone does not matter who is and sell alts for btc, what is gonna happen you know? Alt season will start and repeat that till you many coins to whales.
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I don't know but there are lots of XRP lovers so it is a type of coin that would rise quickly in such runs. Actually it means nothing, you should look at how it performs in the long term.
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Bitcoin is even below $10.000, the ATH was like $19k, I think this might be only an beginning of something if not bull trap. Those bought at $3-4k can think of it as a bull run though
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Poloniex has always been a regulated exchange with a clear history maybe because it is us based. It is still one of the best exchanges to me. Other exchanges are just more popular not better.
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