Although the deal won't happen anymore as Binance wagged their tail and won't proceed. It's a serious matter that a big exchange, Binance is trying to make a monopoly in here...
CZ explained his actions with good intentions to help exchange participants get their coins and save the cryptocurrency market from collapse. But the desire to buy FTX disappeared after the facts about the misuse of funds in the amount of $8 billion became known.
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...Do you think Binance is (or will become) a monopoly?..
Binance and before the takeover, FTX was a monopolist in the cryptocurrency market, whose trading volumes exceeded trading volumes on other exchanges by dozens of times. And this carries a great risk for the entire cryptocurrency market. And if something like this happens to Binance, the consequences will be impossible to predict.
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...At this point some people are still expecting more downside for FTT token but I still believe that the bottom is finally in, the fear and greed index just shows that we might be heading into another extreme fear but it's also a good opportunity to.
Remember, be greedy when others are fearful.
The price of the FTT coin may still decrease several times from the current price. And only CZ can stop this decline, for which it will be enough to publish one tweet that the FTT coin will remain the main exchange coin on the FTX exchange in the future. But if CZ says that FTT will no longer be used on the FTX exchange as an exchange coin, which will be replaced by BNB, then the price of the FTT coin will reach zero within a few minutes.
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...Why my idea can be better then all others? First we don't use bots to watch markets we Will have real people who's doing the market watching off course i will teach them what indicators to check. I do belive that human analysis about market are better then bot's doing this becouse the market works very basic ways we just have to wait when btc or alt coins are at buying zone or selling zone...
It is not enough just to observe the market, you also need to understand what is really happening in the market. And if you assemble a team of newcomers like you, then even with a huge desire to do something useful for other market participants, it will be doomed to failure.
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You know, even I am very impressed with some people who get very high profits from trading memes coins. Of course, they are people who have been experts here, by utilizing the most important and appropriate moments to buy and sell the coins. But for common people or who are not used to it, don't be careless. Because we can just lose our money very easily. In the end, we will lose because of our ignorance and inability. This is more like gambling.
This is because those who were able to increase their deposit by investing $100 and getting a thousand, write about it regularly. But there are a lot more of those who bought a meme coin at high and sold it at the lowest price. So the risks associated with buying meme coins are very high.
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Мои поздравления Numeral!
Вижу, что вашей любимой темой на форуме является биржа Yobit, за которую вы получили большинство своих заслуг. Желаю на пути к рангу Sr. Member расширить список тем своих предпочтений.
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...I see btc support zone 20,200-20,500$ lowest...
Most important are that i know about markets... My good strongest side is that i know about btc i can analyse btc price very well and Im so confident about my analysis about btc price i trust my own btc analysis way more then i trust well known traders and btc price analytics.
These are just words) You have already shown the level of your competence in your first message, indicating that bitcoin cannot fall below $20200-20500. And 1 day after your forecast, the BTC price dropped to $19200 - this is a good demonstration of your analytical abilities.
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Right now Im just showing u be the judge of my analysis. Off course you can always support with donations so i can work Even harder to be more motivated to produce better info and analysis about markets. ... Before asking for a donation, you need to provide more information about yourself and your achievements in the cryptocurrency market. Show your profile on social networks in which you demonstrate your results of successful trading, because what you call analysis, in fact, it is not.
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The best trading strategy should be the one that best suits them. Traders should all have effective trading strategies they use. Enhance your understanding of the market and adjust your strategies in a timely manner when problems arise or strategies are found to be unsuitable for current market conditions. Also learn how to manage your money and minimize losses.
There is no win-win strategy that would allow a market participant to constantly make a profit. Therefore, if some trading strategy brings you profit, you should not completely trust it and you still need to comply with risk management, since at any moment this trading strategy may stop working.
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Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.
In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.
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the learning process is unavoidable, in fact we sometimes have to give up our capital to trade, but from it all will shape our trading character which we can have by increasing experience in trading. therefore if we see successful people in trading, then we must be interested in the story to become successful, don't just see the results, and I think this is what makes many people tempted by the trading results of those who have been successful
And that is why so many newbies lose their money to scammers, they want to avoid the learning process and this is not possible, all the expert traders which have traded stocks for decades and which are legendary for their accomplishments were not born that way, they also made the same mistakes many of us did or still do, the difference is they did their best effort to learn from them and eventually they became experts at what they do, but newbies want to skip all of this and they believe that by following signals and pump and dump groups they will reach their goals, something that we know will never happen. It would be naive for a beginner to expect that he can be smarter than those who graduated from Harvard and Oxford, who manage multimillion-dollar funds. And if at some point they manage to take ten dollars from them, then next time they will certainly lose ten times more.
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...You were just made stronger by the experience; nonetheless, this does not imply that you have mastered cryptocurrencies.
At the moment when we begin to believe that we have figured out the intricacies of trading, that when we usually make a big mistake, which leads to a complete loss of money. Therefore, we must assess the risks every time and stick to our trading strategy.
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...Matic and optimism just making me smile this morning
If you do not learn how to fix your profit in parts, then one day you will be disappointed again when you see a loss instead of a profit. In extreme cases, you need to set a stop loss so that at the moment of price reduction, you do not lose your profit.
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There is a new practice among crypto exchanges to charge its users if they are inactive on the exchange...
Thus, cryptocurrency exchanges will be able to transfer the remaining funds from accounts that are not used for various reasons, on a "legal" basis to their wallet. In fact, such actions by the cryptocurrency exchange should be regarded as theft.
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...The eNaira, Africa’s first central bank digital currency (CBDC) is a total failure and did not save the Nigerian fiat currency. ..
If the financial system of the state is unstable, then CBDC will not be able to stabilize it. It should be remembered that CBDC is one of the types of money, along with cash and non-cash forms of money. Accordingly, if these types of money do not enjoy the trust of users, then this distrust will be automatically transferred to the CBDC.
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Hello all, I have a problem about address formats. when we participate for an airdrop program it always says submit to ERC20 addresss and not to submit any exchange address such as binance , kucoin or any other exchange address. what is the reason?? ..
If desired, you can specify your exchange wallet address if this coin is listed on this exchange, for example BTC and ETH. But if the new coin does not have a TGE and, accordingly, is not traded on the exchange, then you need to specify a noncustodial wallet. Otherwise, your coins will be lost.
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...I've seen not just one, not just two but many of the margin traders to have forgotten to set it and they've lost everything.
With margin trading, the losses will be even greater if you do not use a stop loss by opening a short position. It should be remembered that when opening a long, the price reduction cannot exceed 100%, while with a short, the price of a coin can increase several times. In this case, your losses may amount to several hundred percent.
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Nothing wrong if there are people who will follow them without money involved. But the fact that they will soon ask for money from their users is already enough reason why people shouldn't follow them. Even though they are a legit provider of signals and really have experienced has it, that kind of service has a bad reputation here in the forum and no one should believe that there's a so-called premium signal...
There is no problem to use free signals in your trading. The main purpose of such free signals is to demonstrate their accuracy so that in the future such tragers will be transferred to a paid group. But no one will forcibly transfer you to a paid group of signals, demanding a fee for this, and you can refuse to use these signals at any time.
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...I think I'm not the only one facing these problems, but I may be overlooking something, given I'm new in the space...
Obviously, this is due to the fact that you are trying to track too much information for a large number of coins. In this case, you need to identify priority areas for yourself, which would include tracking news on 3-5 coins of interest to you.
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