The greatest advantage of a day trader is to identify your mistake by yourself and that will make you try to do the right thing the next time. As always greed is a very bad eater of your balance, you can profit on greed but if it turns against you, it is likely taking you far back to your beginning. Keep to the corrections you have made, your emotions have to be on check not to be tempted.

You did a good post on your experience and some of your points and solutions you make are good for others to follow but my advise to you is still on your emotions. Don't lose grabs of your emotions when you think you have started making consistent profit. If you lose grabs, you can go back to the beginning because the market isn't friendly. Again too that you are still young in trading. If you have less than two years experience, you still need more experience to be better and stay with your plans if it is working. Good luck for you as you trade.

Yes the market isn't friendly to any trader which is why we need to be careful. Taking opportunity doesn't mean that we have to throw all our money into the market because we think the opportunity is ripe but it might change at the long run , the reason we need to use our stop lose and this is very important.to do

No I won't agree totally that every project is scam because I have benefited from some that are cool, maybe few are though. Joining a good project is luck and that is it. You can also study the people around the project, exchange taking up the project. Overall you need some real research to invest and not just investing because others are done so.

The foundation being legit is not even the challenge but actually the real business of doing the trade and making profit for you, forex trade is not easy and that is the fact. Not every FX trader make profit and they go into business of pretending to being experts and they advertise for people to give them their money. You fall for this people because of laziness to learn or lack of interest to the business but want to enjoy the money in it.

Back sometime ago , I think there was a body that was responsible to backlist some forex companies that were scamming traders who register with them. You don't get to know they are fake and scammers until you make profit but can't withdraw your money. A body was responsible on that, I think if a remember it was called "forexpeace army".

You have exposed your child rightly to have an independent source of income from an early stage, this is an advantage to you and your family because your family will grow in it and will master it even better than you because kids have a way to create, innovate and be better with technology. Your kid understand this little because you have not hidden it away from the kid and is a lesson to learn. Trading is a source of income even if you have a government job, it can sustain you before you receive your monthly salary which may even be smaller than your profit in trade.

The balance of $15,000 can give you more than you are estimating for the month. The profit of $5,000 is easy to achieve even before the month ends and how it can be easier is to trade in highly volatile coins like bitcoin. Bitcoin was around $29,000 the past one month and now above $49,000. The calculation of the difference of $49,000 - $29,000 is $20,000 , this is really big as you can see for a month.

The above analysis is if you just bought and hodl, you would have made like $20,000 without trading at all, just with your investment resting on your wallet or exchange. Therefore, if you do trading and you understand how to enter in the right time and exit time too you can keep smiling all the time with profit above $5,000.

The issue is to do the right kind of trade decision. Hodling and trading at the right time is a good way to good profit.

Username: Palle11
Post Count: 2605
BTC Address (must be SegWit): bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk

At every trading time, our stop loss is encouraged for us to use and if you don't apply it, you can not stay in the market for long before you make your huge mistake. We need not to trade with stoploss because that is the real money management that I know. Looking only at leverage and exposing the stoploss is not money management.

3 months ago was around June or May, etc at the time was above $30 then it was around $50 above. Maybe around April below you may be referring to. Etheruem classic has had a big bull since this year after etheruem started it's bull also .

If you buy a coin to hodl for long without doing proper research on it, you can have big regret. This is an incident I keep remembering, I bought a token that had been due to be deregister and I got stocked with it because no other exchange can I sell it   I just lost the hard earn money just like that. I'm more careful now in my investment and confirms a coin is in good exchange before buying.

So for now about bitcoin, it is still an issue to have that kind of acceptance that Fiat money has. I think that is the nature of money that every country creates an acceptability for their own currency and bitcoin's nature is that it is decentralized and uncontrollable unlike Fiat legal tender.

I see you are making a long thread that is looking boring for contribution but reacting to the above about new world order in btc civilization, I don't expect that it will be a consensus effort. If this will happen, it will take a natural process and not humans organising and agreeing on it in a round table discussion, conference or treaty requiring appending of signature, no. The financial system is going to revolutionize itself.

Example with the world order that the US have been pointed to be the carrier has been problematic even yet as China is battling with trade war with America and different countries in east developing nuclear weapon and that world order has not been successful.

Going back to btc civilization as your topic, it must be a natural process and not by agreement. We remember in 2020 how covid-19 took the world into a new normal, from quarantine that is still going on , wearing of face mask, working from home, vaccination etc and the biggest of all, a new and emerging financial system that is blowing up the internet, that is cryptocurrency. This is now having effect on countries trying to chase the tides of cryptocurrency through their digital currency. It was natural from covid-19 pandemic.

I believe that when you have leaders who have self interest it drives the economy to the left. Venezuela has large oil reserves and that took away the focus of the leaders and they got corrupt to embezzle public money. Oil is a big business for Venezuela but when OPEC don't make oil more lucrative, it affects countries that depends on oil. Like there are other means to avoid the use of oil and countries are changing and diversifying which they are yet to do but they still rely on oil on a large scale.

Again Venezuela has faced some sanctions too.

A buying now may be a right time, this is not for investing information but the ranging is gradually increasing upwards. Today and this evening, the price jumped a little and now back to close $47,000 it is like a bullish sign. When price jump sometimes it is for the near bullish season that happened also in 2017 and 2020 during the covid-19 before the ATH.

I think it will be dehumanizing if they are rather treated differently from the other alteletes. Showing them on public is even a good think which is going to expose them to government , philanthropies and charity helpers to do more support for them and better their personal life after the games because after the sports and they return home, some don't live a good life and are abandoned but just remembered because of the game and feeding them in to participate and win medals for the government. I support that anything that will be done for the public to know about them is good and placing bet on them as other sporting activities is not a bad thing to do.

No I think you are not correct about your explanation. First online trading is not a physical interphase trading that you see your buyer or seller standing right in your front that you can explain a spoilt product to. As far about online, everything is done there and that is the pattern. For leverage and trading, you can owe the broker but you are supported of funds online there in your platform to have more trading opportunity and diversification but if the leverage seem to be at risk from your lose, the leverage is deducted at some point and allow you to take the risk alone which affects your pocket.

You are responding like the type that has no passion for cryptocurrency, like it was chance and hard times that pushed in for it. Actually most traders find it that way like you but have moved more inside of it to embrace it by learning more of it. If you don't have passion for trading, you will run up for copy trading.

I strongly believe that mobile phones give more convenience and comfort in trading especially the experienced traders, yes the newbies will definitely find it to be difficult starting up with trading on phones because they can never understand or enjoy it. An experienced trader finds more comfort with it and that is the area I'm pointing.



I checked online to see certain phones that are good for mobile trading and more are upgrading. Trading has gone mobile and phone companies are upgrading to same level of manufacturing high tech photos with large screen space too.

I relate with that you are saying with example like BnB. Far back in 3 years ago binance was not popular exchange but recently it has become a very popular exchange and that has hype the coin, BnB very fast than we expect and the CEO kept developing the platform. Currently binance is doing an identity verification that ended yesterday 17th August. This identify verification that is tightening withdrawal and deposit into binance is further bringing it limelight about how secured it is to hodl your coins. Although that I have my own reservation on it about regulating withdrawal and deposit but it is putting binance on the public because of the news it will generate. Therefore, if bitcoin and cryptocurrency have such public gigs, it can get more adoption. adoption is the bigger news that the public and ethusiast expect.