Demo trading is a good way to start, you have to know first some feature that offered by the trading platform. By doing practice with demo trading you will know some features that you have to use. It will be bad if you directly trade on the real trading platform. Because you will confuse what you have to start and some feature that you have to use.
After you already know the trading platform that you choose then you are ready to trade. You can use the real trading platform and using your money. Indeed, the real trading platform will give you more experience than you just use demo trading. In the real trading platform your psychology will really focus on everything that happens in the market, while if you use demo trading your psychology will just lounge because you don't have any burden of losing your money.
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There are some considerations for those projects who didn't have an ANN thread on this forum especially when the project just end up in scam they will be free to still have a chance to attract new user.
I mean, when the project has an announchment in this forum and the project eventually scammed their investor then the ANN will be filled by a negative statement by many users here.
Also, their officional account will be tagged by some DT member in order to pay attention for user here to avoid the project. It will be different if they only have social media account, the people who knows that the project is scam will not do anything and most possiblity their project will still run to scam new investor.
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Being a bitcoin holder especially long term holder is not easy. You must classify every opportunity in front of your eyes, like when you already profited then you just let it pass because you are expecting that its price will go up more than now but at the end its price just dumped a lot.
Remember your pshycology will be different when bitcoin price is increasing and decreasing. You will be comfortable when bitcoin price is increasing, you will fell that the decision that you will always right. But, otherwiss when bitcoin pricr decreasing you will stress and sell as soon as possible.
So, if there is someone who still hold bitcoin for long term investment especially for those who hold bitcoin when they bought below $10.000 I guess they are a hero now. I must learn many thing to them, especially how their loyalty survives even if bad things happen.
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You have got a lot of profit mate although if you sell your holding now. But, there is something that I should know since you hold your coin, I guess you have a good faith into bitcoin and high confident to hold bitcoin unti now, I just curious what factors are behind you to continue to hold bitcoin?
I guess many people there who bought bitcoin same like you, but they will sell their bitcoin when its price touched $20.000 as previous all time high and they will buy again when $20.000 already broken. But, in your case you still hold the coin until now and you ignore some bad suggestion to sell your bitcoin and I guess I have to learn to you.
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If indeed we are interested in following Elon Musk to buy altcoins. make sure you buy when the tweet has been created. You must be able to buy quickly. because it can be ensured that if we are late and join in buying, we will be trapped in conditions of already high prices. actually for those who like this kind of trade with a high risk they like the elon musk figure to be able to pump with a strong influence which can make prices rise or fall quickly
Actually it depends on which coin that you buy, if you buy an altcoin like Doge coin then your statemnet will be right, you have to buy quickly because its price movement will be more volatile. And if you have got a high return then you have to sell the coin because the drop price will come as soon as possible. So as you have to be carefull when you buy an altcoin, it will be different if you buy bitcoin. I guess if Elon Musk or other person who has a popularity buy bitcoin then there is a chance for the market movement will be held for long time. You just need to be patient to hold the coin and ignore some bad suggestion.
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I don't know why bitcoin price always be pumped at Saturday and Sunday, yeah if you pay attention to the previous bitcoin price movements.
Although, I just have a prediction that bitcoin is failed to break $60.000 and give a sign that bearish market was coming, but it is wrong now.
Seem like bitcoin price will find another new all time high and I predicted that its price will touch $68.000 and make a sideways market at that price.
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I doubt about it, the centralized coin that still has a problem will make many investors doubt to hold this coin even buy this coin. They will be afraid to loss their money because as you may know its price can be manipulated by their bag holder.
Like a few months ago, ripple price just dumped because inculpation filled by SEC. Just need a few days its price just dumped from $0.8 to $0.3, how can imagine how much loss that will get if you hold this coin. But, after that in a few days ahead its just price just increased even can touched $0.8 again but just a few times after its price dumped again.
That is pointed out that there is something wrong and I guess the bag holder just manipulated the market. I'll believe the increased price to $0.8 was a normal if SEC pulled out the lawsuit, but it was not because until now the lawsuit is still ongoing.
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Bitcoin's rapid price development from 2020 to 2021 makes people feel a little crazy. From 6000 US dollars to the current 54000 US dollars, huge profits and capitalists attracted us. Overthrow the dollar hegemony? World currency? Block chain? Decentralized? , There is no substantive thing as a guarantee for this. To be honest, I also have investment, but only for profit.
This is why you choose bitcoin for your investment right? As for your concerns, bitcoin will crash since long time ago if there is no substantive thing, but as you can see now its price just make many people regretted to not buying it at the low price. More than that, if bitcoin doesn't have a function then I guess there is no significant increase from its lower price $3500 because previously its price had been increased to $20.000 and crashed to $3500 but as we can see now $56.000 is a high price for an investment place.
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I just want to join paid crypto trading group..anyone pls tell me ,this type of group doing scam or not? and does it work?
That is not good to start, trading signal just will give you a temporary profit, most likely you will just gamble with your money. I suggest, you need to learn first about trading strategy, like technical analyst, there are so many part about technical analyst, also you need to learn about fundamental analyst, reading some news before you make an entry so as you will know the market sentiment. That is a good way to start comparing to join some trading signal. Indeed, there are some legitimate trading signal especially premium signal, but I don't think it will be worth for long time. You will just depend on trading signal everytime you entered the market but you don't know the reason why you make an entry either buy and sell.
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You can still buy the BNB coin, I guess this is a good altcoin so far. As you can see when bitcoin price up we will always see altcoin dump but it doesn't happen in BNB coin. This coin still increase even its price just passed $300 as a strong resistence, you are right $300 is a strong resistence.
So, I sugges if you will buy this coin you can wait for its price broke the $300 barrier and make it as a strong support, you can buy there. That is my suggestion, you can follow it or you may have to make your own analyst. I also a BNB investor and I still hold it until now, although it has given me a profit but I still hold because my traget price hasn't been reached.
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I don't think so, there are so many people especially in my country who doesn't know about paypal. They still use the old way to sending money and etc although there are some digital payment popping up they still choose cash system.
Maybe it will take a few time and need a proccess to make many people know about new system that can help them. Actually, most people now has been known about bitcoin, but they still reluctant to using it becausw they haven't known the real function about it, most of them just sopposed that bitcoin a gambling place.
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So, any problem with that?
I guess it is just a common news especially when bitcoin price is increasing. But, I don't think it will prevent the investor who will buy bitcoin for their investment place.
Remember, bitcoin is money and we will free to using it, as for we have limitated by the government we still using it with another ways. Bitcoin always reported as a place for money laundering even though they don't know bitcoin is very transparent.
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But I'll doubt if there is anyone here who still hold these coins until now. I mean, for those investors who bought the coin at these prices will already sold their holding.
They will sell bitcoin when its price had reached $20.000 because its previous all time high, they will sell ETH when its price touched $500 because its strong resistence also if they bought BNB at $6 you will sell at $35 because its previous all time high.
The investor will be afraid first when holding the crypto currency. They will look to the previous dump that has happened, they will feel when the coin price is increasing a lot then the coin price will dump a lot as well. But, seem like for this bull run event, there is no one who will think like that.
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The dump that happen in two weeks ago it was just a correction, if you use weekly chart time frame then you will see when its price touch the 61.8 fibbonaci ratracement its price just find a huge increase and as we can see until now.
Also, a few days ago the stimulus from US government has been issued and some instutional companies has also added their capital to buy bitcoin. This is what will make bitcoin price touch $68.000, yeah I have a prediction that bitcoin in a few days ahead will touch $68.000.
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Actually I never use premium platform, until now I still comfortable with using free platform because I just use one chart bitcoin future market and using some basic strategy like EMA, MA and MACD also I just using fibbonaci ratracement, fibbonaci expansion and trendline that I think those are free to be used. If you curious, you can try trial for 30 days? Have you try it? So as you can compare by using premium plarform and free platform. I haven't got a profit consistent actually, so as I have intention to only spend my capital for trading.
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First of all I'll only choose an altcoin that has a good fundamental factor. I'll just find in some social media like cointelegraph, investing.com and other.
Secondly, I'll only choose short term investing, I'll never try to invest for long term investment in altcoin, because you'll be already know when the sentiment market is change.
And next, I never spend all of my capital to buy one coin. I always deversify my capital and analyst more than one altcoin to choose for my investment. And this thing will help me to buy more when the altcoin price is decreasing but the altcoin has a good fundamental factor.
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Sometimes holding a coin that we already known that the coin has been choosing by most investor and we know exactly how much they hold the coin will just make we loss our money.
Indeed, the price of the coin will always be up as long as the market sentiment is good. But we have to ready if the price crash, moreover if we already know the whales are holding a huge amount of ETH we will just loss our money in the flash time.
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I guess no, DeFi token still have a chance to increase more than their price right now. Actually, it depends on bitcoin price movement. If bitcoin price show always increasing then we will fine to hold any altcoin beside DeFi token.
You will be afraid because you will see the previous event right? ICO was booming 2017 ago and have given a good return for their investor but when bitcoin price dumped their price is also dumpend and make many investors lose their money.
It will be like that if I see, when bitcoin price fall then we will see all altcoins market will fall as well but since bitcoin price still show a good direction I suggest don't be afraid first, we still in the good market. Like now, bitcoin price will increase again duo to stimulus by US government.
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Actually it depends how they using it, of course you are right bitcoin just like money but you have to know that we can make money with our money. As you may know there is a foreign exchange that still used by most people to exchange their money to other money, by doing that they can earn money from the difference in the price of one currency and another.
Bitcoin like that, you can earn money by its price fluctuations and as we may know the price of bitcoin is more volatile than other currency (money fiat) even stock. So as you can earn a huge money with the short time as long as you have a good prediction. I'll be agree with your title as long as they have a good analitical thinking to make a prediction but it will be otherwise they will just lose their money if they have no anything like holding/buying bitcoin depend on their lust.
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Hello guys, the cryptocurrency world have witnessed an rise in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles. What's going on? Is it a massive correction or are the dreaded bears coming upon us?
I'm not sure but I have a presidiction that bitcoin price need a correction, although if we see to the high time frame like monthly and weekly time frame there is a sign that bullish market is still strong. But, fundamentally has given a bad sign that there are some bas newa which can make the movement price will lead to bearish market. Some stocks has been decreasing maybe it just a trader strategy to take some profit. Some investors will be closely look to 1.9 T stimulus from US government. Because this thing will lead all stock market and crypto currency movement will be more volatile. So, the current bearish movement is just for a while we will see a huge increase later.
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