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If you imagine the following, excluding the top two coins in the cryptocurrency market, I suggest you for invest following cryptocurrencies that have enough popularity like Bitcoin and Ethereum.
You can invest on Binance coin and MATIC network.
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I get that it goes against the fundamentals of crypto currency, but exactly for what reasons though? Assuming you're not using it for anything illegal (if you are then it's understandable), why the concern? I'm asking specifically when trading.
People don't like KYC process because sometimes people avoid governments taxes . If they participate with KYC process , it obviously have documentation though they can't avoid governments taxes. |
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Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.
Holding and trading both plafrorms very much popular and profitable. But both plafrorms very risky also. Because sometimes we holding such a coin which have no enough liquidity on exchanges . It's may bring losses for us. |
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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
The two terms profit and loss are closely linked in cryptocurrency. It is never right to think that you will only gain in cryptocurrency. If you are a good quality trader then you are a cryptocurrency Even if it is a loss, do not be discouraged. |
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Cryptocurrency trading is not for everyone because cryptocurrency trading is very risky management. Before entering trading you must have previous experience with various exchanges and trading. Moreover, when you go to trade, you may face losses, but at that time you have to test hard patience.
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Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰
If you want to know more about cryptocurrency trading, you need to know about different exchanges. You need OK to Currency Newspapers And I have to look great about different weekly magazines. Moreover you have to trade small on different exchanges. |
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If I had More than 4000 USD , then I would have divided my fund with four parts and invest below coins...
1. 1000 dollars for Binance coin
2. 1000 for MATIC network
3. 1000 dollars for Solana
4. 1000 dollars for dogecoin
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I learned things which I will tell you. 1 is you should always buy in dip. and try to avoid those coins which got more green. And if you bought and you are at loss you should keep patience. and try to sell in the pump
It is not certain that the market will always be the same because the cryptocurrency market is always volatile. A few days ago, I traded futures on the Binance Exchange and ate the liquidation of 1000. |
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Many exchange issues with hacking and I am never trusted with this opinion because they have more safety secure with their exchange site and impossible some exchange could be hack, just an ideas from developer how to make member trusted with their reason but in the fact they stole member money with hacking reason. Better see how assets have by the owner if their exchange hack, will his assets keep increase up or not.
You are 100% right because the security arrangements of an exchange are the responsibility of the authority of that exchange. But how can an exchange's security system become the focus and be hacked. This is just an idea because the authorities blame the hacking by killing people's money. |
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Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?
The condition of the cryptocurrency market has been deplorable for a few days now and the market is slowly declining. The idea is that the new omicron of the corona virus has had a negative impact on the cryptocurrency market. |
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My first mistake was to panic sell the currency when prices fell and invest emotionally. Now that I have set stop losses on some coins, I will believe in valuable coins and continue to hold them.
It is never right to invest and trade cryptocurrency out of emotion. There are many people who invest emotionally without any idea about the project. The result is that a lot of big losses have been incurred due to a misconception. |
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Yes it's not difficult to make money in Bitcoin day trading but now bitcoin price is very up so too much risky a sudden dump happened any time so then we face a loos so I recommend before any trades must do Some TA about market
Your opinion is correct because the bitcoin market is always volatile. No one in the bitcoin market can say for sure what the future holds. However, before investing and trading Bitcoin, you must have previous experience. |
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A dozen of exchanges have trading experienced but I can easily say that latoken exchange is the worst exchange in the cryptocurrencies trading platform because every scams and shit projects are listing on latoken and after launching on latoken it's values gradually decreased.
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Forex trading is very risky trading because use leverage and margin, but we are still possible to earn profit from it. We have to learn and try it first in demo account until we make profit consistently. I think we have to try in demo account in a few month to test all different strategy and risk management. If we already make profit consistent in 4 or 5 month in demo account we can use the same strategy in real account.
Of course forex trading platform is very difficult to general cryptocurrency trading because sometimes forex trading traders Don't understand signal and margin because they sometimes face huge amounts of losses instead of profits. |
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Trading is an important area where you may encounter two types of results. If you have good luck then you can make a profit If you are unlucky, you will lose. Cryptocurrency is quite uncertain and unlikely.
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It is not fair to assume that all investors will face cryptocurrency trading losses. Only those investors who have limited knowledge and previous experience face losses in trading only. And all the experienced and knowledgeable investors who are in the state never face any loss.
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The main meaning of entering cryptocurrency is that you have to acquire knowledge first and earn later. There are many people who have gained a little knowledge and think that I have become useful enough to earn. But this is where the biggest mistake is made in trading.
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I'm thinking of starting out as a day trader. I'm still scouring the internet about information and tips about it, then I'll practice with paper trading. One question I have is about popular platforms/exchanges. From what I know, day traders make about 100+ trades a day.
Won't taker/maker fees basically wipe out your already slim profits?
If you start with your business with day trading, you can choose the best Cryptocurrencies exchanges actually Binance, Kucoin and FTX exchanges would be your better choice. Gateio also very much popular and very lower transactions fees centralized exchange. |
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Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
If you have enough time and liquidities you should invest some coins according to the cryptocurrency market cap. Binance coin, Kucoin share, Bitcoin and Ethereum should be your favorite coins . And you can start Day trading with short time investment. |
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I always follow different exchanges announcement and launched pad . Actually I am a day trader and trading on the two the best centralized exchanges Binance qns Kucoin. A few days ago I already invested Pyr according to Binance announcement.
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