I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from. I have had of a crypto traders that lost all his funds in one day because of market volatility. This happens frequently and I think there is need to recall where the cause could be from.
Yes as a trader, losing one or two trades is part of the game but sometimes losing everything that had been accumulated for weeks, months is very painful and there is need to know whether it's due to ignorance or insufficient trading skill. Acquiring sufficient trading skill is very important in trading which can also help to get good results.
I usually ask myself questions whenever I have consecutive loses in trading, trying to know where I'm getting it wrong. This had helped me many times to get more trading knowledge that had improved my entire trading.
losing one or two is ok mate.. Lesson learned and educate your self more why you always fell on the same mistake when it comes trading. And yes don't lose hope because it's part of game but take note that you learn to earn not to waste money.. Indeed everything can be fix here, especially in trading because there's a lot of information around the internet that can help us to readjust such stuff just to avoid risky situation werein it's up to us if we're really interested to have a safe trading. Change your mind set and think positive mate.  |
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The real information of the projects is important and of course the team behind if its genuine or not. Because mostly projects nowadays using fake people behind the project that's why they run the money without any hesitation when something bad happens in the market. So when picking a project bear in mind that you must assure that you have enough information before investing and etc, so that afterwards its worth it not a waste of time.
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With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
there's no specific day/week/ months when they gonna tends to go up constantly if that's your concern, because market nowadays is so volatile and no one can gues when it will gonna happen.. but if you want to do day trading with it just to make quick profits then i suggest to learn more about trading, so that you know what time crypto market is active and which crypto is good to trade. |
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And this is good, now we expect the price to rise in the near future.
we cannot tell if it can give an impact in the market mate., because it seems not legit wherein only rumours such what exist in the internet previously about amazon.. Indeed Saudia already warned their country men that using bitcoin or any cryptocurrency is a high risk and probably that's the reason why bitcoin value on their country is so cheap if you convert to their fiats. For me probably much better to wait for more upcoming news because it's quite skeptical in my personal opinion.. |
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Some say cryptocurrency is a low risk investment but high return and also does this digital currency have a fundamental value so that it is feasible for investment?
What do you think ?
it will become a low risk investment but it depends on the situation such if you have enough knowledge how the things really work and you know how to determine those scam projects in order to prevent risky situation, because to be honest mostly were struggling and always experience losses because of being lack of information when it comes investing in crypto currency.. So it depends to the situation mate wherein if you're a beginner and you used to make research all the time to solve your problems perhaps it will become low risk.. |
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Bitcoin still steady at 39k maybe it's making correction on this moment to surge again mate, By the way op what do you mean attack? To be honest there's no such news in the internet about the current situation of bitcoin nowadays wherein why it suddenly stuck up in red again. probably we need to understand the situation and wait for more results before making speculation because it seems normal correction..
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It will takes time again before it exist and no one knows when it will happen., btw are you using heikin candles? Seems the same because after the multiple small green candle it rapidly increase to the top, indeed the formation of the candle as well.. For me probably it will collapse first, because as you cann see there's a big candle that formed after the correction wherein in my view there's a potential it will plunges and will make a new support before make another multiple green candle, btw I'm not an expert it was just my opinion.  |
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Correct, because adoption is one of the main reason why bitcoin is getting valuable in the space than other crypto currency, and that's why as well mostly enthusiast preferred to keep holding their bitcoin for long term because of that reasons. In fact not just bitcoin wherein all crypto in the market need adoption as well in order to increase their value in the market.. That's why new projects run a campaign to gain more attention from buyers and etc, because that's how it works.
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No one can really give specific direction of some undervalued projects in the market despite of situation, unless if thosw token were really showing possibility like gradually making progress along with trusted projects such bitcoin and ethereum, because surely they will follow when there's an uptrend in the market.. It's quite skeptical to be honest if its not, wherein you don't know how long it will last or it's has a potential to succeed even the current situation of market isn't fine.
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It's hard to say if it's gonna be there forever. But i believe it has a chance to surpass BTC and become the crypto #1. It's improving and makes a lot for crypto market and not only when BTC is just a store of value.
nope mate. Its impossible because bitcoin growth rates is more faster than ethereum, probably we may see a situation that makes ethereum market cap higher than bitcoin but when it comes which has potential to skyrocket always between these two currency that should be bitcoin.. Indeed if ethereum always jump to the highest level probably it's now at the top because bitcoin always fluctuate when it makes a progress unlike ethereum. but as you can see bitcoin still the fastest crypto in the market wherein reason those competitors can't take over, for me ethereum is good only for long run not the same with bitcoin that even you short term there's a possibility you can obtain masive profits. |
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For now we can't tell what's the exact value of bitcoin where it will stay for the new support level and how long the bullish will last because at this moment it's still making correction, indeed so far i don't see any reason for bitcoin to collaps again as its very steady at the current situation.. Perhaps we need to wait for more results because it seems the correction is just getting started wherein for sure it will take time again like what always happen.
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If you will make a simple research through google wherein in order to obtain other people reviews and feedbacks about that site perhaps you can easily determine if it's scam or not. Indeed when try it i saw a lot of people saying its totally not reliable site and mostly were saying it's scam.. For that reason probably at the first place you will realise that its not totally safe if however you make research as well..
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For sure ethereum will break new ATH on this month because everytime when this fork thing happen there's always a good improvement in the market. And i know and i l believe that on this moment a lot enthusiast in the space is accumulating for ethereum as its keep showing green even other cryptocurrencies in the market suddenly turn into red including bitcoin.. So these definitely a sign for all of us who still believe that ethereum is one of the most reliable and very promising coin in the market.. Just imagine after the sudden rise of bitcoin along with other alts and ethereum it's now down by - 4% and ethereum still holding with +2% in the market.. So what do you think about this result? This isn't a joke for sure . Lol
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It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
to be honest i don't see any good news for eth ever since before the day that bitcoin made a sudden rise in the market wherein even now , so it will be better if you share the link here so that we are aware as well if that news is fake or not. By the way all good news about cryptocurrency there's always an impact to the specific coin in the market especially when it comes ethereum and bitcoin but depends what kind of news it is. So if this topic is about adoption well for sure there will be a massive bump but unfortunately as you can see at this moment ethereum is red perhaps it was a fake news mate?. |
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A possibility just crossed my mind, after thinking about what McAfee said - could crypto replace government? Let's say every person owned a smart contract cryptocurrency like Ethereum (or Cardano, Polkadot, etc.) If somehow it were designed in such a way that each person only had one vote and there were no centralized developers, we would have a pure democracy. Payment for local services could be decided based on smart contracts (defense, firefighting, police, licensing, etc.) Popularity contests would no longer decide politics. Social justice warriors would no longer be able to assault companies to bending to their will - people would remain anonymous. Privacy would again be valued. Crooked politicians and bribes would no longer allow politicians to slip in devastating legislation like the recent "infrastructure "bill's attempt to control all of crypto. Our currencies could no longer be devalued to pay elite politicians' friends in the financial industries. Could such a system of government work? no it's impossible because even that words " people will remain anonymous" is enough words or reason why government will not allow such things to exist because for them it's like against the rules., yes there's a advantages of using crypto currency especially when it comes making transactions but for government there's a lot of violation that's why they're against in cryptocurrency. So its impossible to happen even in the future in my personal opinion. |
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Bitcoin got to $48,000 on the futures market and yet my sellborder at $40,000 wasn't triggered. I wonder how this happened without my sell order closing? Is Binance trying to manipulate the market because I'm sick of exchanges trying to liquidate traders
i have the same experience when i try to trade with new token wherein it jump to the highest value and the green long tail of the candles really passed my sell boarder but i don't see that my order was confirm because it's showing a cancel option ..so i try to restart my device but its still the same. i don't know what's the best reason for this kind of scenario.. Lol maybe a bug? |
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Hello Crypto Enthusiastic and Traders
Please which Platform or website is good for price Speculation and Prediction in cryptocurrency? Because I learn about LunarCRUSH but I'm still thinking may be there is better platform.
Thanks
speculation and prediction site for crypto currency? Uhm i never heard such site that gives information, perhaps there are some group around the internet for example telegram. but for me surely they are all the same with other enthusiast that sharing their prediction and speculation around the social media whrein just claiming there self as an expert,. What i mean not accurate and will give you a false information if you will trust them.. Perhaps it's much better if you will educate your self how to make technical analysis so that can assure and you can obtain specific information not from others that quite skeptic. |
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Dear all
I think, this is bullrun continuation. But some people say bull trap. If 43000 btc break , unstoppable
no one knows, indeed bitcoin is very unpredictable because of some whales decisions wherein even just a sign you can't see anything before bitcoin fluctuate or make correction in the market. Probably if you will used to follow the news around the internet perhaps its possible to determine the real potential of bitcoin wherein how long it will last and etc, because you know most of the causes in the market are from internet or let say social media like what happened in the market because of elon musk. So probably on that way there's a chance in my opinion as it's the very common ways how market always turn into bearish or bullish depends on what news emerging in the internet. |
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Many other cryptocurrencies have been improved upon based on Bitcoin. In other words, Bitcoin must be inferior to them, but why is Bitcoin's value number one by far? Why is Bitcoin worth so much?  bitcoin is very important because it's like the main source in the market of some altcoins in my opinion and its happening actually ever since before wherein only bitcoin were very popular around the space, indeed those alts will not follow if they didn't measure in bitcoin. So don't be confused why this thing is happening right now.. Just accept the fact instead that bitcoin is the leader and those altcoins below are the followers whatever happens in the market.. If sometimes they all showing different direction it means it depends on the situation. But its very clear to be honest that they are relying with bitcoin reason market always struggling when there's w manipulation in bitcoin. |
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Hello Guyz, Hope Everyone Will Be Fine
So the beauty of real tradingis that you have the knowledge to make millions / billions of dollars.
Just by a deep understanding about how the market moves. That's amazing.
Be cool with few losses, it will happen.
Think in risk/reward in your trading... few losses mean NOTHING if you have a solid trading plan, and strategy.
The most important thing is to learn from it : technical analysis, psychology, risk management ?
If you don't give up, in 10 years you'll achieve your dreams... but focus on the process, learn the right informations from those who have the results that you want.
Don't trust those who will sell you the dream "Get Rich Quick", too many bullshit scams in this industry.
It's a hard lonely road sometimes, but the reward is everything.
Be serious about your goals... and be confident, you can achieve anything.
Hope this kind of post will motivate you.
Thanks
trading is about patience and efforts wherein in order to become successful, so must learn what are the important things before making decisions if you don't want to have losses when it comes trading. And always bear in mind to never rely what you saw and you read around the internet, what i mean make research because its for you to find out what are the specific information that can help to protect your money from risky situation wherein not those people who claiming their self an expert.. So be practical because there's a lot of opportunities in trading if you will take it seriously. And for me tbh that's the real beauty of trading. *Efforts and knowledge* only you have chance to gained massive profits even at home and etc. |
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