Many individuals begin trading without fully understanding the contract's fundamentals. A winner and a loser are available for each trade. In order to hedge their other positions, many firms and professional fund managers use futures. To lower the risk of their portfolio, they are using their futures contract.
In futures trading, long term success comes from mastering three disciplines. You are probably familiar with these rules if you are a successful stock trader. First, you need a proven process of trading that works for trading futures. Next, proper techniques for money management can go a long way to helping you win the futures trading game. Lastly, you are likely to lose whenever your feelings control your trading.
Feelings that control your decisions is one of the most important parts of it, it is definitely not something I would have expected out of just futures, it is true for every single trading as well, people act as if it is nothing important but if you put your emotions into the crypto world that would be basically ruining your whole system, that is why I think it is quite important that we do not end up with emotions controlling because that is the biggest mistake. However rest are truly futures, it is also quite risky so you need to be a good veteran trader in order to really do it, if you are not a good trader that had great success on regular buy/sell trading world (spot) that means you are not going to be great at futures neither. In order to be great at futures, you need to be great at spot first, I have never met anyone in my life who lost money on spot and was bad at it but somehow became good in futures trading. |
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It is been like this for 6 to 7 years. All started back in 2015 I guess (I remember making an economic report on this back then) when investors started to lose confidence in the market, had all their assets sold off and fears being spread about the economy causing the price of Ruble to sharply lose its value. And this has even since continued with no sign of recovery. It was last year where they have seen a huge drop against EUR and USD. If this keeps on continuing, they will have no other choice but to abandon their current currency and move into a more reliable system like crypto currencies.
When you base your nations whole power on oil and gas (basically energy) that is what you get eventually. Look at Saudi Arabia for example, the only reason they are rich is the oil they have, and they could sell it as cheap as it gets yet they will still be rich because they have so much of it, but they also realize that it can't go on like this forever so they play nice with every nation, they do whatever other nations ask, even though they are not even remotely in a war, they buy insane amount of guns and weapons and fighter jets etc etc from USA, basically they are acting friendly to get on their good side. In return they can invest their money they make from oil to other stuff, they bought sooooo many companies all around the world, with that type of income they have from non-oil stuff, they will be still living a very comfortable life in the future. |
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Crypto exchanges become our new economic pillars that control transfer into and out of the financial matrix as people desperately attempt to secure a handful of Satoshis, as the price of a full Bitcoin moves completely out of sight.
If that is the scenario of the future, where DEXes will not play a central role in crypto trading and exchanging I'd rather be out of the game. I already try to rely less than zero on centralized exchanges. I simply don't trust them anymore with my precious coins and I hope for always better decentralized exchanges to solve this nasty middleman problem. I want to be able to use my coins as freely as possible while retaining the possession of my keys. I am sorry but I can't see a future where we still rely on crypto exchanges when we can do without. I understand that you may not be feeling secure and safe with the centralized exchanges, that is totally understandable, however the reality is that we are not going to be seeing that kind of super increases and changes in crypto world once again, it is CEX and they are now very good specifically at the top. Binance for example has been around for over 3-4 years now and they have been very good, they never really hurt any customer and always found a very good way to keep supporting people. Obviously you can still pick DEX, in the future in a world where central banks are not favored and people all moved to crypto mainly and deal with that, we are going to have DEX and CEX all working together, people will be using both of them, there is no scenario where people use only CEX or only DEX, they will go together and become a lot bigger for sure. |
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I would say BNB, and that is coming from someone who hates centralization as well. Normally if you told me I would eventually like BNB, I would call you crazy, but looking at the situation right now, I am not saying that at all, I think that is kind of the situation right now, BNB is so good that even people like me who hates centralized currencies could see himself investing a bit, I only have just 2 BNB right now which is nothing, but normally I never invested a single dime into it before this year.
However what they are doing with their website, and all those binance chain works they are pulling off has managed to make me a supporter, it is still very dangerous in my mind because if one day CZ says "I am taking all your money" that means we are done, now you may think "why would he do that?" but I just do not want to risk it, there is no reason.
BNB is definitely looking juicy right now. The real deal is going on with all the coins in their chain right now, cake went over 2 dollars for example, I always said I found it very good and had some invested as well and it made a good return too, if the coins tied to its chain going up like this, it is obvious that itself will go up too, we just need some more time for it to mature and bnb price will skyrocket. It is already very high compared to what it was in the fiat price but almost all coins were like that, next stop for bnb is 100+ dollars and I do not doubt that it would happen. We just need a bit more time but that pump is coming to it, when the defi world realizes that defi works best when done in a much cheaper and faster place with a great organization everyone will switch to bnb and at that point we could see 100+ dollars for bnb for sure. |
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Think deep and relax your mind first. Try to figure what gives you the most interest, trading or investment?
Definitely, you can answer it straight, and that you need to develop. I suggest sticking it first, get improve it before making another stuff. Bit of them is not a simple task to do, you will be spending more time in order to master them, and the be depending on how to treat one of them.
When you see a lot of movements, you should always give a break from it instead of going over it. I understand that people see numbers and they get scared or panic or even hyped and happy if it goes up, but if you do something about it and get excited about it, you are going to end up with not so great results. I personally would suggest you to keep the price going as long as you can and that way you could potentially make a lot profit, if you end up making a decision right then and there you are going to be sad about it. For this to work I end up playing computer games, and watch tv shows and movies from netflix. When prices are crazy and everyone talks about it and everyone acts on it basically the market is going crazy, just find a netflix show and watch that for few hours, or find a game and play that for few hours, you will see that under 24 hours all of it will be gone. |
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If you are a small retail investor and want to use eth dapps like uniswap and you want to trade your tokens you will spend like $25 for a complete transaction that fees will just go to eth miners who process transactions with eth blockhain and they are the one who benefit the most on this while users are crying in fees.
If you are a retail investor with small amounts of money investing into risky or even not so risky stuff and hope to make a profit, do not use ethereum blockchain based products, those 20-30 dollar range network fee's are totally useless and not worthy, why would I want to spend that much money just to pay the miners? That makes no sense and if super rich people are willing to keep paying for it, they may continue however I want but I will not be part of it. Go take a look at either tron, or eos or best one is BSC which is binance, they have a lot of new yield farming projects everyday and some of them are awesome, I have friends making 100% in the past 1 month using BSC and the payment is rarely over 1 dollars, it is usually at around 20 cents and even less levels, I once paid 1.5 cents for confirming whereas ethereum was like 4 dollars. Move to other places and ethereum will have to go down to attract you back. |
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You sell something and later down the road, that goes multifold.
How do you deal with such things in positive way?
You have to make up your mind if you are a trader; once you take profit or sell at loss; no looking back, no regretting; you take your lessons and move on to the next investment project on your schedule. Also, in as much as you sell in profits; then you should have no regrets, the joy in trading or investment is to take profits. That is not easy for many newbies unfortunately. I would suggest the same thing if it was in my hands but I do not think that we are going to be able to see something like that anytime soon and it will not be possible. We are going to end up with a lot better results if we were capable of not feeling emotions, but we are humans and we feel emotions so there is no way we are not going to feel regret neither. At the end of the day bitcoin is a long term store of value asset and it will always go up, which means if we end up selling, we are going to see it go up, because in the long term it always goes up so it doesn't matter if it goes down or up during the first days or weeks of us selling, eventually after few years it is going to be so much more and that is the real deal here as well, we are talking about something we can't control. |
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I am always been a bitcoin trader or what can say 50% holder and other half investor. However, since a month my eye balls have moved towards ETH specifically. This has happened when I saw the correlation between ETH and BTC broke out when the BTC was moving up and down. Since last week this observation is pretty clear to me that ETH no more depends on the BTC movements which we were used to think before for every altcoin out there.
Things are really different now, with this break up I guess ETH would be scavenging its hunger by it's own and thus leaves out many possibilities of going upwards. It's time to keep some ETH in your pocket today. I don't know but I feel like ETH gonna be 5-6 figues likes BTC did.
It never really "depend" on bitcoin, it was just that when people go into crypto they go into everything and sometimes bitcoin went up and that made eth go up in fiat but that was it. People were free to change whatever they want in the situation but they didn't, they were happy with it. However the moment bitcoin went down but ethereum investors said "we do not have to follow that fall" the connection broke finally and we realized we could be all independent from each other. ETH has a huge upside in the future, in 1 to 2 years time we are going to see eth 2.0, not only will it be proof of stake, it will make fee's cheaper, a lot more people will use it, and miners who sell eth to pay electricity costs will not be there, it will be proof of stake instead and people who stake will keep on staking and add even their profits to stake more in order to profit more. This all will lead to ETH increasingly a lot. |
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because Elon is not just anyone, Elon Musk has 44 million followers of mate, it is only natural that many people follow what he thinks, it looks funny, but that's a fact that's happening now, doesn't that also give us all free signals? And of course it's a chance for us traders get a lot of profit from an influencer tweet, honestly I want to see her tweets again, even if possible Jack Ma should also make tweets hehe  . Well the deal is he is not the old type of rich people, back in the day when people got rich you wouldn't see them, you wouldn't really hear about them aside from some newspaper interviews and eventually that was television programs but many very rich people didn't talked to press let alone even the people. Hell Jeff Bezos who is a new rich person is still like the old ones, bill gates is a fun guy from what I have seen and make jokes but he is still not talking with the press all the time, let alone people, warren buffet and all others basically rich people do not chat with you or me. However Elon became the world's richest person and yet he is on twitter retweeting memes and jokes and captions, he talks BS all the time and he just trolls around all day. That is why he is influence and has that much follower, because he is rich but he is also kinda like us as well. |
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What do you think about Dogecoin which has seen huge improvements since making their newest ATH This is one of the ancient coins which is very hot right no  If you are waiting on a big profit from a "meme coin" then you are the one to blame in this situation. Obviously it wasn't a serious pump, obviously it wasn't really going up because people liked it, it was only just a distraction from GME and that's it. Nobody really cared about silver or doge or bitcoin, those three went up like crazy during a period when Robinhood didn't allowed people to buy GME and that is why people who got ready to buy GME that day but couldn't were very very ready to buy GME or make an investment, they took their money out of their bank and into a mindset that they will invest that, however when robinhood didn't allow it, they couldn't stop themselves and put their money into silver, doge and bitcoin. All of those three were just for spending some time doing something but they all went back to GME the moment they were allowed to trade it. |
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I believe we are going to keep seeing these because the prices of many currencies are close to their ATH price now, it hasn't been this close for a very long time, but finally we are seeing them closer. Which means with one swift big upwards movement we are going to see it reach above the all time high price.
This is the real reason, nothing hidden about it, people do no "pick a coin to break over ATH each day" or something like that, there is no group that buys and make it go over ATH just for fun, it is just that coins are very close to their ATH already, which means when one goes up, and creates a hype around it, others follow and since it is close it breaks over it very easily. That is the whole jist of it and that's it, there is nothing more to it. Obviously there could be same days when more than one currency break over all time high as well, it will just be coincidence and not something planned.
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the issue at hand right now is not the late buyers who will get rekt holding the bag but its to squeeze all the hedge funds which shorted GME and cause price to hit $10K or so. Right now they weren't taking the money from the little guy. They were bsaically liquidating the hedge funds shorts and they were the ones who ended up having to buy at a high price.
Then the restrictions started to come into play prohibiting most brokers from allowing trades on GME. Do you think these restrictions were so "Late buyers won't get screwed holding a $10 stock at $500/share"? or was it " To prevent a dozen hedge funds from having to go bankrupt and liquidate all their assets"?
What happened this week is proof that the game is rigged and the little guy will never win.
The problem is, robinhood claimed that they wanted to "protect the retail investor from losing too much" but in reality as long as they are allowed to do what they want and keep doing what they want, they won't lose, only hedge funds will lose. You know why they closed? The reality is that those huge hedge funds were allowed to short more than 100% available stock, which means if they were to asked to pay it back, they wouldn't have enough stocks to pay it back, which would cause them to lose insane amount of money, they already lost more than 70 billion dollars just due to this Fridays squeeze and that is just the start, we are talking about even more in the future the longer this continues. But robinhood couldn't provide the same for retail investors, because they couldn't buy more than 100% available stocks, even though hedge funds could short more than available, retail investors were not allowed to buy more than available. That was the real issue on Thursday. |
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You can't explain to someone who insists on the fact that "nobody can organize like this aside from rich people", because that is really all they will think like that is a fact and hydrogen thinks like that.
Sure we can explain to him that he could literally go out and check the wallstreetbets subreddit and see all those people investing ranging from 600 dollars to millions of dollars getting together, sure we can say this is more than just one place, this is global attack on wall street where people from hong kong, africa, europe, britian, even middle east all coming together to fight against the elite, we can talk about even more, and we can say that melvin and citadel which are the two big companies that wallstreet fighting right now has lost over 70 billion dollars on their shorts so far, so wallstreetbets already won 70+ billion dollars, but if someone believes something is not true, it is impossible to make them see the reality. In any case 7+ million people are attacking, and they will keep attacking.
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I have always said it during this period, going into full crypto would not help achieve the goal of wallstreetbets aims.
Sure they could make some money, but this would be a simple pump and dump by them because only they exist in this sphere, sure there are some other crypto people in doge as well but it is basically all filled with crypto people and that's it.
However in wall street when they fight to keep gamestop at the peak points, that really doesn't just make them money alone, that also allows you to "stick it to the man" and that is an important part of the discussion.
If these people made money from GME that means there are companies like Melvin Capital that lost money and these people do care about that. Sure it happened to be at the same time but I do not even think this was them, it was probably only Elon Musk and nothing else.
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That's was a very smart thing you did for yourself, I must commend you for that. If you actually bought it a year ago, the price at as that time should be less than$12,000. And with the current price now you have made way more than 150% profit. One thing I know about the crypto market is the ups and downs. Things can't always be like this, the price has changed drastically within just few weeks, from around $41,000 plus down to $33,000. And of which it's still going down. It will be good if you can divide it into two and take out some part of it to enjoy yourself or probably invest into another thing or business to reduce the risks of having all your Investments in just one place. Or remove the whole profit that you have made and leave the initial investment that you started with. Enjoy yourself you have invested in the right time.
Diversification is definitely something everyone should consider, I have some money in gold, some money in some construction stock, and over 50% on crypto itself because that is the one I like the most. Don't get me wrong I am not even rich, this is all combined less than 5k dollars in the end, I have about 3k in crypto, 1.2k in gold and 800 in stocks and that's about it. As long as you can keep putting money back in to your savings as long as you can, you are going to be in big profit at the end, the point is to get retired early and enjoy life longer. People end up working until they are 70 and that is not really a way of living, if you love your work and want to work until you die that is fine but that rarely happens, so if you can retire at 40 and live another 40 years all retired and having fun, that would be a good life to me which is why I will keep working to put money aside as much as I can until I am 40, I am not planning on getting rich tomorrow and make my decisions based on that. |
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Holding $BTC imo is a good thing in my opinion as we all know how large corporations and famous people were getting into it and buying even millions of bitcoin You can also see how Bitcoin ecosystem and price are both growing year by year because of the adoptions that it is having which means that this will turn into a much larger thing on the future. You are also talking about shorting BTC to earn from its volatility and I think its a good one if you arent planning on holding it for a long term but if you will be trading your btc, you should do it with BTC-USDT pair as sudden fluctuations can also occur on Ethereum will might make your trade nonsense. "Millions of bitcoin" could be a bit wrong thinking, considering even grayscale which is famously the biggest holder of bitcoin aside from satoshi himself, only has half a million bitcoins. We literally have 21 million bitcoins available when all of it is mined, now a bit over 18 million, if someone had "millions of bitcoin" you would know about it. However rest of the logic is true, there are too many celebrities, famous business people, companies, banks and many other buyers of bitcoin in the recent 1 year. When the fiat world fails you and me, it fails those big names as well, it became such an obvious thing to not hold fiat anymore that even if you were profiting from some stock you bought, the fiat could be devaluing even faster than that, whereas bitcoin gets more and more valuable each day, so at the end of the day we are talking about something much better in logic, hence everyone is getting involved. |
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There is no way I would buy XRP now. With this coin at the moment it is not at all clear what will come out next. I'd rather wait and see what happens
It's better for the people who have the intention to buy this coin to hold it. The legal suit will take at least 1 or 2 years or more. that is a very long time for the traders and at this time there's no result whether ripple is security coin or not. Avoid dealing with the high-risk coin like ripple. People should never lose their mind to buy the crap security coin like ripple. Unfortunately what you said is actually a good thing to invest for some people. I do not get it neither but for some reason these people end up checking XRP and see that it is low right now and think that if they buy at the low price right now because of what is going on and when the situation is over I will make a huge profit if it goes up. They think it is discounted price to buy now and wait for 1-2 years and sell later. I do not agree with them and I feel like people are going to lose a lot of money from it, but I also do not believe that we are going to see it go to zero. I think XRP will probably stay around these prices, 20-50 cents is where it should be for a very long time and just because it is on a lawsuit right now doesn't mean that it will skyrocket after it is done neither, so buying right now would not accomplish anything for anyone. |
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Personally, I think it's not a good idea to sell out all of your Bitcoin for an altcoin. If I were you, I would hold a minimum 50% my Bitcoin for the long run and with the rest of the 50%, I will make investments in various altcoins. There is no doubt that Ethereum is a good investment, But who knows what will happen after a few days? Also, it's very wise to keep some USD in your portfolio. Ethereum already hit a new all-time high, so it's time to hit $2,000, so you can buy ethereum, and don't forget to keep a good amount in Bitcoin. because it's king. best of luck
I did exactly this, I do not have too much money in crypto right now, only 2600 dollars, but I have 1200 dollars of it in bitcoin and I have the other 1400 dollars in altcoins, mainly 500 dollars in ethereum and the rest is in some other parts with only 100 dollars in USDT. I will never give up on my bitcoin, they will stay and I will not turn that into altcoin, but I will not have a lot of it neither, I am not going to keep investing into bitcoin anymore, I have my bitcoin and they will stay like that and not get bigger unless I end up with a lot of money. So, I am not in favor of selling your btc to buy alts but I am in favor of not buying btc more than 50%+ of your portfolio. I would probably get a lot more eth when I find the money for it, but I like investing small amounts like 100 bucks for new projects if I like them too, because they could return a lot bigger. |
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I would say it wouldn't be easy to earn high amount of interest on the crypto itself, you are not going to earn a ton from it, but it is definitely profitable to take a look at staking.
For example Ethereum, the second biggest currency in the crypto world is going towards 2.0 which would allow people to do proof of staking, the minimum amount will be 32 ETH so it will be a bit of a challenge but overtime you are going to be capable of actually combing forces with others thanks to other companies allowing that, like maybe binance already did it I don't know but they probably will, you deposit it there, others deposit there too and it creates a proof of stake pool. That way you could earn about 5% in ethereum, and ethereum price could go up or down and you will profit accordingly. You won't be getting interest rate in form of fiat, but you will be getting it in form of crypto this way.
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