I am about to reach a milestone is my trading/investing and am going to reevaluate my trading strategy moving forward.
I want to set myself a goal of increasing my BTC by 10% a week (compounded) and wondering what is the best way to do this
Haha, just go and try it by yourself, and tell us in a week. I will be impatiently waiting for your results about your new strategy, that is gonna be more than interesting. Just remember, that Warren Buffet, one of the most important investors, did not even achieve 20% a year (talking about USD of course) |
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I heard in stocks, this is called shorting. But i read if you short, you could lose a huge amount of money. Could you do this with bitcoin? Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops. So i figure around now, btc price would drop.
Actually you can short the market, that is what most of the institutions did with bitcoin a year ago when it touched $20,000, they shorted it, and they are now on huge gains. But there is no sense to short now, you will lose money. |
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Indeed, it is easy to trade bitcoin, the main problem is that it is difficult to know how the market is going to move on the next few hours/days, because bitcoin is highly unpredictable.
To be honest, it is much more easier to predict the EUR/USD pairs instead of how is gonna be the bitcoin behaviour.
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if you think you will be making money on the daily basis with crypto your making a big mistake. you are better off just buying bitcoin
and forget about it for 5 years and then cashing out or cashing out a portion of it
That kind of people that joins crypto trading to make a fixed amount of money is the first one that leaves the market when they do not reach it. It works by an easy way, and it's obvious that you need at least >$20,000 to make $30 a day without any risks. |
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Hi guys , can you tell me which is better option for trading Bitcoin or stocks and how
If you will trade with bitcoins, just do it with the bitcoin, ethereum, and ripple pairs, do not try to trade with other altcoins because you might lose a lot of money because of the low volume. And yes, the stock market is good, but it is much more difficult to understand. |
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I am interested in an interexchange arbitrage bot. Any suggestions? Currently looking at haas. Anybody using it?
Better to not pay any membership to any bot that exists at the moment, you will be deceived after all, it is not worth to invest your money on that kind of stuff. Better to make your own trades and to control the risk by yourself, that is the best strategy after all. |
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Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
Due to this bear market, i suggest you to stop trading, specially if you are a daytrader and you like to do scalping, it is very risky because the price can be easily manipulated with a few bucks. Better to stay away from it, or, just stick to trade with the BTC/USDT pairs, ethereum, or any other one of those coins |
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Because all those that go down after ICO are shitcoins, and they are being dumped because of airdrops, and all the other people that invested and now are afraid of the market
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This is not a little amount of money to be honest, and i would prefer to hold them all instead of selling them. But maybe i would sell the half and exchange it for bitcoins, it would be better
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It depends on the total supply of that coin, and the circulating supply, take in consideration that bitcoin's supply is low, only 21 million coins, and the marketcap is huge too
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Eos will be on the top 2 on the near future, that is because the technology that it has, is huge, and a lot of people are starting to see it now, EOS will be the next ethereum on the next few years
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Mate, it depends, this year has been very good till now, but i do not think that we are going to continue seeing bad prices, i think that it all will start recovering sooner or later
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I would not do that, and it does not matter how high the price is, ethereum is a very good coin, but it does not mean that it is the best one out there, it all depends on how do you look at it
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The bulls are coming and there is no doubt about that, but if it ever happens, it is going to be on the next few months as soon as there are more good news in here, not now
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A very good coin, but the problem is thaat the fees are more than expensive at the moment, that is why there are too many people actually switching to the EOS platform
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Of course not, you just need to invest in good altcoins and you will never be deceived by that, just invest as much as you can during this bear market
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With the current prices, i would buy Stellar and Cardano, they both are cheap and one of them is going to be added to coinbase on the next few days, so better to invest on them
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$1500 on bitcoin, and the rest diversified on other 5 coins (the ones that are on the top 7 at the moment) that would be the best thing to do, at least, for me.
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This is more than good, i would suggest you to invest in good altcoins such as neo, cardano, and eos, they all are good coins at the moment. The same for ETH and BTC; you should always diversify
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Seems that it will not happen this year, we might need to wait a little bit more until the end of the next year or the beggining, this will come, but we just need to wait more
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