Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.
Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Spot is safer than futures. Even if I'll become more experienced in spot, I'm decided to just stay to where I am. I don't want to take more risk with futures because I know that I can be boiled there on an instant. Spot is for everybody, newbies and oldies, we can all stay there but I know that those who have tried to get into futures. If they fail, they can always be back into the spot and learn and gain more experience from there. |
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Alright.
After we saw bitcoin gets $25,100. Then it's starting to have some correction again and was out of $24k too quick.
Price as of typing is $23,729 and this is not surprising because we always get this at most times. Whenever bitcoin pushes for some higher price, it will be followed by a bit of correction.
And then the cycle goes on afterwards but what's important is we saw that it has broken $25k.
The price move had taken the price above $25k and fallen back below $24k. As mentioned it have crossed a price barrier and the same assure of growth above $25k at the shortest. We haven't got any incident that connects the market bounce as well as the drop. The price correction will keep the market around $23k for some time period. It's fine as it stays on $23k. That would be the ideal correction that bitcoin needs to have. It's not that always that we see a long stay for price increases. But as it stays there, we're having again the weekend and it might be stagnant for a day or two. While it's going back to $25k and much more, this is like the requirement for it so that it can reach back there before another skyrocket push. |
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Alright.
After we saw bitcoin gets $25,100. Then it's starting to have some correction again and was out of $24k too quick.
Price as of typing is $23,729 and this is not surprising because we always get this at most times. Whenever bitcoin pushes for some higher price, it will be followed by a bit of correction.
And then the cycle goes on afterwards but what's important is we saw that it has broken $25k.
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However, if you are a newbie that means you may not even know how much risk you are taking and that is a lot more common for many people. This is why I try to be careful at any time, every single trade is a potential investment, because if it goes down, I do not sell and get out, I keep doing DCA until I am in profit. You live and you learn.
I also don't sell when it goes down. I am patient in terms of waiting at the right time and having experience in the past that when I sold not at the right moment. It's helpful to me now and that fear of losing money is still there. FOMO, I don't get it this time as being patient and learning from it is making me calm now. |
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I'm not very active in using social media anymore, when I see on facebook, twitter and instagram they mostly contain business, debate and porn ads (video call sex offers, etc),
There's this called algorithm that these social media websites use as to what they'll show you. So, it means that what we search is what they're going to show us based on that interest we've searched about. And if that's mostly what you're seeing then I guess, they know what you are interested about. another bad thing is they use keywords or hashtags that are trending so that we are difficult to find useful information.
I think that's even making it easier to find things if there are those hash tags that's being used on something viral. of course this is a trend and lifestyle that has changed and hope there is a program that is more interesting than social media.
It will depend on your interest and life isn't just all about social media. But those that are making a living with the use of social media, you can't stop them from using it at the best usage that it can give to their business and livelihood. |
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It could have been that there were people while taping that video picked bitcoin but they've never included it when they're able to edit.
Anyway, we're not really obliged to tell people what bitcoin is all about. If you tell them, you'll most likely be ignored by them, old or young.
Many still don't know what bitcoin is, those that have heard of it never own a few tiny bits. So, if you'll give them choices about instant money, they'll for sure choose $100.
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When too much commitment in savings have gone wrong and then an incident for which you can save with your savings isn't being done.
That's why sometimes when you have to realize that the only solution is what you've done for saving. It is the means of why you have been saving up money ever since.
And the same goes with investments, when I was younger I don't want to spend my savings because it's lovely to see those digits goes up but yeah, that was me when I was still young.
Yes, you do have the savings but on the moment on which its crucial on spending it up for good and then unfortunate things happen.Then what would be next? For sure you would really be regretting for the rest of your life when you do lose someone just because you have sticked into your plan.It isnt always that you would really be ending up on positive way. We know on what these savings are really for but there are really moments which you would really be making use of it on the right time and on the right spot. Savings does do good things but you should know on what are the priorities and responsibilities you do have. Definitely. It would be put into waste if you didn't used that savings for that important matter that you or your family needs. Yes, it might be your savings that you've been working for hardly. But it is something else when there are some important matters for which your savings will be put into good use. And yet, it's a different story when someone who has been abusing you financially because you've been a great help to them and almost don't decline when someone asks you for help. |
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Investment has not making sense anymore.
How is it that bitcoin doesn't make sense anymore as an investment? It's even the main characteristic when you're going to ask someone like this; "Have you invested in bitcoin?" And that's why most of us are into it as if we're all investors and it's true, that many people are reliant on it and made themselves full time and bringing food to their tables through trading or any other means that they do. Another thing, it's not always the decrease that everyone should notice because price now is up and sitting on $24k. |
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That's how money is made for, to be used and cater our needs.
If the time comes that we've got no choice, we really have to do it and I've done it before and realized the importance of saving for the rainy days.
We're not just there to save and not touching it but to save and then find the purpose of what we're doing for us to see the betterment of the situation that we might get in in the nearest future.
It was indeed the purpose since from the start on which we are saving for emergency purposes or for investment.If you are on a tight situation or on trouble then you should really be having no doubt on spending on what you do have because this was the sole purpose from the start.You cant just risking up something just because you arent spending on what you had saved.It is really just that bullshit for you to skip out on helping yourself on solving the problem even if you do know that you do have the money to spend to begin with.Sometimes its not really that bad on to break on what you are trying to achieve or simply with your goal because there are really moments in life which cant really be avoided. When too much commitment in savings have gone wrong and then an incident for which you can save with your savings isn't being done. That's why sometimes when you have to realize that the only solution is what you've done for saving. It is the means of why you have been saving up money ever since. And the same goes with investments, when I was younger I don't want to spend my savings because it's lovely to see those digits goes up but yeah, that was me when I was still young. |
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Automating our trading time is fine if the market conditions have moved better and are still improving, but we know that market conditions often change, which means we have to be able to see how the market changes, and if necessary, we can rearrange orders we have done before. If you can live with the consequences of running a bot, you can keep using it. Otherwise, manual trading will be better for you because you decide when you trade. And it also won't require you to check the bot frequently to see how it's set up.
IMHO, it doesn't really require the condition of the market to be good only. But any condition of the market, bots can be useful based on how you use it. I'm into manual trading but I don't want to say something that might discourage the users of it. Well, they're users of it and that means that it's more helpful to them, so choose your battle and what makes trading easier for you. One of most misconception about bot is that newbies do really believe that it is really a way on making money without doing such hassle or further steps which they arent able to realize that they arent money making generating bots which they are really been thinking and this is why on the time that they are in loss then they would be tending to blame out things that it doesnt work.SOoner or later they would really be able to realize thats not how things do works.You would really be needing that knowledge for you to sustain this unpredictable market because if you dont then you would really be having that hard time on coping on things up.
You cant just run off a bot and expect that you would be making money, thats not how reality works.
For the newbies, that's what they really are expecting that whenever they buy a bot, they will be guaranteed with profits. But for those newbie risk takers, it's on them and much better for them to look at the brighter side of using it if they think that it'll improve their trading skill. |
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At first it's shameful that you'll experience losses but as time passes, you'll get used to it. We all agree that someone shouldn't invest in crypto having money and capital investment from a loan. I hear that many people invest in crypto from loans and get a lot of profit.
but I also hear that many people invest in crypto from loans, and get losses.
so in this case it depends on our ability and knowledge in investing, but for beginners, in my opinion, don't invest from loans.
Clarify where you are hearing those people that are taking loans to invest in the crypto market and getting a lot of profits. I don't think that I've ever heard that somewhere as most of those that does it are dwelling more in losses. |
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I can say that I have it but it's in the form of bitcoin. I'm sure that everybody feels like that when we don't really want to spend bitcoin because we have a common goal and that's to hold long term.
But time shall come that even if we're solid with that decision of holding and untouching it, we will have to spend and use it to something that's very important.
Even if we don't like the selling price, it should be done.
Selling is indeed not bad because there are situations and conditions in life on which it could really be resulting for us to sell in no time.Yes, it do really sucks but we do really need for something important. Money isnt everything but somehow as far as possible then saving up is a must but if you do see the situation becomes getting worst because you arent doing something or do action then its not bad to give up and make use of on what you had saved.Honestly i've been put through on lots of situations on which it didnt really leave me no choice but to sell out my assets even when they are still on negative or not on the good side but well i dont have no choice. That's how money is made for, to be used and cater our needs. If the time comes that we've got no choice, we really have to do it and I've done it before and realized the importance of saving for the rainy days. We're not just there to save and not touching it but to save and then find the purpose of what we're doing for us to see the betterment of the situation that we might get in in the nearest future. |
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So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
It's true that it's riskier to invest into them. But, there will be arguably good thoughts about it for some prospect projects that are really considered to be good and one of it is being said as, invest while you're still early and you'll be one of the most profitable investors after wards. Well, that's applicable to all new projects but if you're going to look at that area. You'll see that many of these new projects were falling and it's a nonstop thing because investors these days are learning from the past. If it's not for those scammers that have been dwelling in the new projects, I guess that many will still be optimistic into buying them. |
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I can say that I have it but it's in the form of bitcoin. I'm sure that everybody feels like that when we don't really want to spend bitcoin because we have a common goal and that's to hold long term.
But time shall come that even if we're solid with that decision of holding and untouching it, we will have to spend and use it to something that's very important.
Even if we don't like the selling price, it should be done.
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In general, the government that sees bitcoin as more stable than USD. They're not really a lot, only very few and little countries sees that and that's the reality.
But we'll come to that point that even the biggest and poweful countries will have to consider that but, they'll have to test the waters if it's going to help their economy to grow.
They cannot assert to an asset which is highly volatile and say that it's more stable than the traditional one that they've used to have.
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Money is a tool to do the things that we love.
We shouldn't love it but we gotta use it so that we're doing the appropriate thing which is to spend and use it for certain things that will make us happy.
Today's time is dangerous that people will do everything for the money. As they've explain, it's not the money that's the root of evil but when you love it more than yourself.
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I still see some Russian texts, are you just trying to focus on your Russian market? Anyway, I've got a little concern just about your name.
It doesn't sound like an exchange though but more on this.
Jarvi'sexchange.com
LOL.
Anyway, I've used the same service but what hugeblck has brought up is a concerning matter. We'll wait for your answer towards usage of the same address and your system shouldn't accept wrong address format the other cryptos to be sent or accepted.
Our name has its own interesting explanation. Everyone has seen the movie Iron Man. The main character had a virtual assistant named Jarvis. (J.A.R.V.I.S.; Just A Rather Very Intelligent System) We want to become a virtual assistant in the exchange of cryptocurrencies and work as flawlessly as he worked in the movie) We are learning and doing our best for this!) Yeah, jarvis is very familiar to me. I just had that thought that it sound like x-rated when I've read it continuously when I've visited your website. The meaning suits but instead of rather, the one that I've searched says "really." Anyway, it's not really a big matter about the name but what's more important is the concern that has been said above and hopefully that the devs you've notified will act on it quickly. |
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And even if you use a bot, you still have to make settings on it so it can run the way you want. But if the market immediately reverses, you still have to set up the bot again. And that means you must still have the knowledge and ability to use bots properly.
Having a bot don't guarantee anything but it automates your trading which will save you time. It's true that there's still a need to setup the bot and you can't just buy a bot and expect that it will bring you profits on an instant. Making such with bots is a combination of your knowledge in trading and also what you know about the market. There are newbies that think you'll get profits easily by just having that but no. |
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I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I want to invest in gold but not with silver. Although I know that these precious metals are still way to go for conservative investors but, thanks to bitcoin that I have been introduced and known to bitcoin. Instead of looking at these two, I'm with bitcoin and chosen to pick it rather than going with precious metals. I think that if we're living in 70s onwards then silver might be the best pick. It's like a gold rush back then and not just who rushed to have it and those who have sold shovels earned a lot. Now, we're also into like that moment but it's like more of bitcoin rush. |
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