It's not control, it's just a trend.. when the majority of market movements are made by "traders", that's what it leads to.
When you know that there are "professional traders" whose job is to profit from trading, and when they get wind of something called "cryptocurrencies".. I'll let you guess the rest of the story
right, there is no control in the formation of bitcoin prices, if in the past whales were able to move prices temporarily, but now with the spread of bitcoin holders of course need a lot of funds to be able to move the market. Of course, with a trend, traders will follow the direction of the trend and if the trend is bearish, more will sell it. then from that the longer the fluctuation will be smaller |
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El salvador is country of central america. And it is in big loss. They have bought BTC on 50k$ but today BTC price is 35k$+ so there in big loss.
looks like what you say is true if you look at the purchase price at the current price there has been a loss. but it is precisely the President of El Salvador Nayib Bukele that continues to make purchases proving that they believe that in time bitcoin will reach the much-desired price. at this time they actually continue to save it to be a very attractive investment, because confidence in bitcoin is very high and they believe they will receive a profit in time, this is actually good news about bitcoin. they firmly believe that they have nothing to lose to continue to hold bitcoins. if they are sold for the time being, they may lose, but if at this time they actually make a purchase, then they have not lost. of course they have also taken into account the risk with this high fluctuation, so this is actually an example for us not to be afraid to invest. on the other hand with the government's confidence, of course they have also made big profits before |
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I personally don't really feel that the healthcare system would collapse on the omicron surge. They've been speaking of the same collapse since the last few surges within the last two years but healthcare services remain operational even up to now. There may be some hiccups on the medical care being provided but ultimately people are still receiving the medical attention that they need. Also, based on recent studies, Omicron is the first stage of the virus evolving into a somewhat milder yet highly contagious variant of the virus, meaning that it could ultimately be the natural vaccine that we are waiting for.
I know this covid seriously destroyed many dreams and turned much happiness into sadness. I heard many people start their organizing in march 2020 and end up like they never occur. I know how people lock themself in their houses and cry for food, and now we're going to face all this Crysis again due to the omicron virus which recently came into among us. Talk about cryptocurrencies; no, I don't think these cryptocurrencies can do anything to cure the covid crisis. It's all up to us how we manage and save ourselves from this disease  although this time omricon has a faster spread, the effect is lighter than covid so I think that with the discovery of the omricon case it will not be as severe as the previous covid case. On the other hand, many of you already understand about this virus, so it doesn't cause panic that can attack the body's immune system, and finally, even though many are affected, it will not result in a very serious incident like last year's covid. |
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If banks will provide any services in cryptocurrency, this is good in any case. A lot of people still don’t know much about cryptocurrencies and therefore, for them to have more trust in cryptocurrencies, it will be better if they see the same trust in it from government agencies. But banks won't get too carried away with cryptocurrencies. Don't even hope for it. But on the other hand, if they provide services in cryptocurrency, this will not have a significant regulatory impact on the cryptocurrency.
of course the bank will get an order from the government to include bitcoin in bank products. and this kind of thing will be ambiguous because it has not yet had a clear status by the government. unless there are separate regulations that provide space for bitcoin in the bank, of course it will have a greater advantage to be known by the public in order to face the future |
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It's no longer our problem if those people that knows bitcoin and cryptocurrencies can't avail to invest. We cannot also push them hardly if they barely survive just to put food in their tables. I know it's quite of a situation but we've been there. We can make things work if we're too focused and inspired by the problem that we're experiencing. All of us have 24 hours, and it's all on them how they're going to spend those hours they've got wisely and monetize it and as they earn, that's what they can use to invest in bitcoin.
at least by having prior knowledge about bitcoin, then we will have the insight to decide whether it is worth investing or not. everyone will have their own opinion, even there are famous people who don't like bitcoin even though they are famous economists. therefore we must believe in our own conscience so that it is comfortable to live it |
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at a time like this if we do staking then there is no point if we sell it even though our coins increase. but if it is for investment purposes in the future, I don't think it will be a problem. with staking of course, if it has not matured then we cannot convert our coins to stable coins, by knowing the strengths and weaknesses, then we can make decisions, do you think it is suitable for us or not
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So far, the market conditions are still declining and we can see that the coins are going down,
it's true we can't lie to ourselves that with conditions like this sometimes fear and panic arise by itself,
therefore we must be able to control ourselves and stay calm
I have to say it went lower than what I expected. I am a bitcoin maximalist so I always think that it will go up, but time to time there are bear markets that we have to accept and move on. Yes it is not a good market right now, and yes it is scary to hold crypto right now because every day you see it going down, however I believe that every down has an up as well. The only slither of hope I have is for the future and not for right now. I believe that all of these drops will come back to us as a great increase in the future, it may not be quick, it may not happen right now, but it will happen in the future, so I feel like holding whatever I own right now is a great way to make money in the future, and to be fair there are no other possible things that I could do neither. as long as we have free money, then now is a good start to buy. we can plan buying in stages if the price drops again, because no one knows when this bear season will end. On the other hand, we must have the courage to buy at this time, because many of us are afraid that a crash will happen again, even though our goal is to invest. |
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if you look at the current conditions it may be a low price from the previous peak. but it's still higher than the peak in 2017. That's what makes us hesitant to buy. but for me buying gradually from now on is the right solution, because we don't know when this bearish will end, so it will be regret if we miss opportunity after opportunity
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The year 2021 has passed but it has left a mark that will never be erased in people’s minds. One of these is the pandemic that until now has not been ended and is being cured. Many of the entrepreneurs went bankrupt and closed their businesses. And many employees in various industries have lost their jobs. But even though the past year has been difficult for everyone, the people are still positive and resilient and will not lose hope of recovering.
Many have worked randomly in various types of work, one of the jobs that are popular today is being a virtual assistant or jobs that can be done even if you are at home as long as you have a laptop or pc and internet. And also because of the ingenuity of people who spend more time using gadgets, more and more people are now obsessed with investing in cryptocurrencies. There are as many ways to earn here and most of it is by playing various NFT GAMES. It's very nice if this is your job, you already earning while enjoy playing, but it depends on your diligence and perseverance in playing how much you earn and of course, it also depends on your skill and strategy in the game.
And another beauty here is that you hold your time. Also one of the good things about investing in cryptocurrencies is that you see how your hard-earned money to invest grows and you don’t have to pay tax every time you earn. Of course, anyone can be obsessed with investing in cryptocurrencies, but before you invest, you should study and research thoroughly the tokens/coins you want to invest in and how the right process to invest in them, and above all find out thoroughly and check the security of the crypto wallet in which you store your investment. To better protect your assets and avoid losses.
People suffering a lot in the pandemic specially the people who doesn't had a proper assets for the pandemic situation or critical situations.All the people with good assets ,even enjoy the pandemic as like a Sunday trip.People with less assets suffer like the food less situation in the pandemic situation was the critic one. many people are surprised to be able to survive during a pandemic, indeed many people are suffering, but because of the pandemic, many people have experienced a drastic increase in assets. in certain fields it has increased, such as medicine. but because of the pandemic, the online system in all fields works optimally, due to limited interaction |
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In my opinion I think maybe both can survive for 10 years but I don't think these coins are worthy investments for long term. I don't see one of them that is better investment but it's better to find a coin that has a real project not just these meme coins.
Dogecoin has survived long. And Shiba might do the same. But a lot of things can happen for that span of time. We're all speculating what's with them for the next 10 years but if there's one thing to be sure by that time. Bitcoin will stay. Doge and Shiba both have no valid use case and belong to the same family of meme coins but surprisingly both have been making news on crypto space in 2021 and attracted attention of lot of new comers in this industry. As a Technical trader we look at sentiment of market and price action to make profit out of it and both of these coins have given huge profit to smart traders. both are indeed meme coins and I don't think it's a good idea to invest, considering the pump and dump actions in it. therefore for me do not use full funding to invest in it. but think of it like playing against luck or just having fun buying the two coins, because for me it would be very risky |
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Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.
If i may ask you what's the advantages or the major motive or obligation of running investment...? You and i knows very well that our primary concern into investment of any quality or quantity of cryptocurrency generally is to enable us to make a sustainable profit, yes am investor, and my major obligation Is to make profit because when i experience degradation in the market, it's very obvious i will be unhappy, so therefore the joy of an investor to make Profit. Losing part of our investment doesnt really give out any happy reactions to it which is very normal and the primary goal on why we are here on this market which is a primary goal we do have. Cash in then cash out if we do have the chance. Risks is part and some of them arent aware and this is where learnings do comes next and on the time that we are already aware on how this works then it is just normal that we are minding off this common goal. most of them invest here for profit, but many of the beginners are not familiar with the performance of cryptocurrencies, so they are played with a psychology that is less profitable, because many of them are greedy and do not take the opportunity to get out of the market. |
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-snip-
I think the lack of knowledge motivates them to keep on hacking because it still works. It's just sad that they have done it that way.
Of course it will always work, cryptocurrencies these days have made a lot of idiots rich from memes, nft and more to come. I never thought of it that way though. A lot of people did have a lot of money profiting from the NFTs and many more bounties that could be created from it. I just hope that they would do it for the right things and help other people. because cryptocurrencies print a lot of new rich people even young people can become billionaires, this happened suddenly not even many people thought it. but behind the happy story, many also have sad stories from cryptocurrencies because of their lack of knowledge. I really hope that the knowledge I have can be used to help people, not to hurt them |
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Actually, the goal of those who recognize themselves as Satoshi Nakamoto is only to seek popularity. They are just wasting time. I think those who recognize themselves as Satoshi Nakomoto are very stupid people.
although stupid but it will greatly affect their popularity even though the reputation and popularity is bad in some circles. on the other hand there may be some advantages because they think they are satoshi although I don't really care about that because indeed they are free to make whatever they want including claiming they are satoshi and I am also free to do what I want including not trusting people -people who claim to be satoshi  Many people try to claim they are real Satoshi Nakamoto by giving many proof but I think they try how to make public look at him, not real Satoshi Nakamoto want to proof his identity because he has many bitcoin assets in his wallet and try how to be careful. Exactly when any body know about him he not safety again because many people try to get access his wallet and many criminal cases happening when public know his identity. Not only for assets safety but also Satoshi Nakamoto try to hidden his identity because he want live without any entertainment publish about him. maybe because he really wants freedom that's why satoshi keeps him anonymous, apart from security he might not want to be exposed to what he created. and that's perfectly natural because people need freedom and keep their privacy and security as you say. On the other hand, when many people claim satoshi today with a number of facts, it certainly makes us think why not from the beginning and why only now. Of course many people don't believe in that even though they stubbornly claim they are satoshi even if the real satoshi now appeared, many people couldn't believe it right away. after bitcoin is famous and has just appeared, there will be many questions that arise. I think satoshi will keep himself a secret forever, as a result he already has a lot of money and can enjoy to his heart's content, and go anywhere without being followed by a camera |
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You are right to hold some skepticism around trading bots, the truth is that bots can be very effective but there is a catch, if you do not know how to trade manually then there is little hope that you will make any money even with a trading bot, you need to know how to trade because if you do not then it is going to be impossible for you to actually know if the strategy that the bot is using is profitable or not, so if you were to code a bad strategy into the bot the only thing it will do is to lose money for you at an alarming speed.
That's what I always say to my friends who consider using trading bots, if they don't have any experience trading or they don't know how to do a trade themselves that generates profit then how will they generate that profit in a bot that only follows your instructions, a bot will only be as good as it's owner and the specifications that that person has added to the bot. And that is the best case scenario, a bot can only be as good as yourself if you can put into code every single aspect of your strategy including your ability to improvise on the fly, and if this is not possible for you due to your inability to put that into the code or because you are not that good at coding then your bot will always be inferior than you, which means the only way for a bot to be profitable is that you are so good at trading that even an inferior version of yourself can make profits in the market, something incredibly difficult to do. bots have the nature of helping our trading, we cannot possibly have free time 24 hours a day, so bots will help us to earn money. don't be misunderstood that bots will be more proficient in trading. sometimes bots cannot work under certain conditions, therefore manual trading skills are still needed to be successful |
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but sometimes trading also depend on our luck.
Don't always believe that trading is about luck because it is not same as gambling. Do your rigorous training and learn about what it takes to trade, it is not considered as luck. There are guides that you can use to prevent your loses to be huge and if you can pick more pips as profit than pips that you lose then you don't see it as luck. You need to learn the ropes to a better trade, learn technical aspect of trading because it is important. Trading I think is very complex and we need to learn everything related to trading, both knowledge, skills, and mentality are very important to support in trading, so we really have to prepare it all as well as possible We really have to be prepared mentally for trading since this can consume your whole body and if you don’t know how to control yourself you might lose your money. Learning everything may take time but at least once you’re ready you can start to trade now and be more profitable. Don’t be afraid to lose in trading, its normal just do what is right and you should be fine. Trading is a never ending analysis and learning, be more patient with this. True. Trading is somewhat complex so you should never stops learning from it. And thanks to you OP as you provide clear guide for beginners on how to trade with more understanding and of course with long patience. Although there are a lot of online tutorials available but its up to the trader alone where he can find more clarity on the guides and be able to understand it more so he can perform trading successfully. very helpful tutorial to learn trading, but the biggest thing we have to learn because the most difficult is self-control of emotions. many traders are unlucky because they are greedy or panic sell, even though they already have good trading techniques, but technique alone is not enough to be successful, we must also be able to manage finances so as not to make a wrong move. we have to take into account the risk and reward |
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a common thing that happens when we trade for the first time, greed becomes the biggest enemy in us. sometimes we have made big profits, but seem never satisfied, so crashes occur and we experience panic. I think things like this are experienced by many novice traders. therefore we must improve ourselves gradually
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Although that Paypal is still centralized (especially their own stablecoin), I honestly believe that adopting it is still a positive move by them. For once, I think they are really against Bitcoin and crypto adoption, but it took an unexpecting turn last time when they are now introducing cryptocurrency deposits. We’ll just see the outcome of their own stablecoin though, as long it promotes cryptocurrency awareness.
Well its business at the end of the day. Maybe they are anti-crypto in the beginning, but if competition are upping the tempo by adopting it and they stay old school, then they will be left out in the closet. But for sure they are very careful on adopting crypto, because I believed that they are not yet 100% sold on it. Maybe we will see some adjustments on their end in the next couple of years. It could be positive or negative though, or just to cater to their user based. yes, breakthroughs must be made to continue to exist and make a profit. by following the trend of course they are on the right track, but this must also be considered carefully, because their new step may lead to backward development, but with a strong community and development according to plan, it is likely to be an attraction for investors |
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It is possible to earn bitcoin from other currencies in crypto but it requires hard work and understanding of its working style. Although bitcoin is not legal in many countries, it is very popular in the online world and investors can easily make money bitcoin makes more profit by trading and making long term investments bitcoin can be traded for any purpose. It's global so you can deal with anyone in the world they receive bitcoin as a reward for assisting in bitcoin transactions this reward of mining tends to change with every transaction.
There are various ways to earn bitcoins, such as mining which is always there and increasing all the time as bitcoin users get higher and higher. if we pursue that business, then we will get wages that can eventually be directly converted into fiat currency or used for investment, so that the value based on fiat currency will increase later, and that means bitcoin works with us through investment |
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Inflation that occurs from year to year and continues to increase, of course, makes people dislike saving, whose value development is not greater than the increase in inflation. until finally there is a cryptocurrency that provides a much greater development than an increase in inflation, but to invest of course we must study it first, because it contains risks, so not all crypto buyers profit from it
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Initially, it was important for me to have a demo account. For learning when switching from one broker to another, or just when starting work - this is very convenient.
It's utterly different from having a trading experience and doing it with a demo account. Well, that would be a good start when someone wants to trade. But don't be limited to start with demo accounts. Go with the actual money play in trading into exchanges to feel the pressure and the experience that it has to be in. The emotion you would be dealing with demo trades and real trade is totally different because in demo you would be totally confident since you arent risking anything or something which means that you wouldnt really be that serious on taking such step unlike when dealing with real funds then you would definitely be careful on what you are doing. You would definitely feel up the difference in terms of stress and chills when making out trading decisions.Real experience could be attained with real deals. The biggest difference between real trading and demo trading lies in the psychology of a trader. without the burden of demo trading, a trader can carry out his analysis well, but this will not be the same if they trade on a real account, of course the psychological burden will affect in carrying out the analysis |
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