1 & 2 are a regular MUST for those who want to be profitable traders. Sometimes we want to argue the significance of SL and think it's not that necessary because we're scared of encountering losses. Only if we knew that loss is a part of the game. Without loss, every Tom Dick and Harry will call themselves traders. So, SL helps separate the boys from the men. No matter how clever anyone wants to think of themselves, they shouldn't neglect SL. It gives rest of mind, knowing your loss won't surpass where you want it if things went wrong.

Not a problem. I like it that you're keeping it open and transparent, even when your stop gets hit. If I may ask, do you run a telegram group or channel (I know you've got Twitter) where you also provide this type of updates?

I wonder why Bitcoin is mentioned here as a standpoint because from the entries I've seen made, it's not Bitcoin trades.

What makes you think OP didn't know all that as a professional and profitable trader that they're? At least results presented so far show OP knows what they're doing. Did you follow the $1k to $10k challenge? Listen, we don't have to hope that something goes wrong. We should applaud what OP is achieving. There are traders who are highly profitable even when most fail. OP could be an exception from the pack of average traders.

May be you will have to throw light on this. How does one earn passively on Bitcoin without staking it? Again, you mentioned in the other post (Post #4) that trading could be a hard thing, how does one profit passively from Bitcoin without trading it? Come to think of it, what you see as the right opportunity now may turn out not to be so a few days from now. Then, what if someone buys now with hope of profiting from it but price dips immediately one does; how is one going to passively gain from it? Please, don't see my questions as probing to scorn. I'm asking because I truly want to know.

What year is actually 20221? If you speak of 2021, we may not see that ATH of $68k+ (which has lost over 70% in dip now). If you speak of the ATH in 2022, we may easily get to that before the end of the year. You shouldn't wear a mournful look when it comes to price dip for Bitcoin. Times have proved how more reliable Bitcoin is compared to other cryptos. Stay positive and that's being realistic.

This is easier said than done. We don't know OP's nationality but I bet if they're from Asia or Africa, it's not an easy task getting something sustainable for a job. Unemployment rates are high in the aforementioned continents.

A campaign like Chipmixer pays up to $300 weekly and I don't think that's low for those in Europe or the US as well. $100 weekly isn't even that low to go by in any country of the world. It depends on how one manages one's finances.

Someone who's asking how to generate money, to me, looks like someone who doesn't have savings at all. Asking such a person to buy Bitcoin and hodl for two years will be a difficult task to achieve. What will they be feeding on till the time?

Please, would you mind sharing any passive income streams? I'm very much interested in learning this.

If you're truly anxious in learning about Bitcoin (here in this forum) and not mere saying, your regular boards to visit should be Bitcoin Discussion and Beginners and Help threads. Maintain a constant presence in those boards, read more from them than you would post and you will see how improved you will become within weeks.

Gambling is just betting money or valuable on something that is determined by chanced occurrence while trading is the exchange of cash or valuable for another cash or valuable. While gambling leaves everything to chance, trading is methodical and aided with navigating tools in the form of indicators. If anyone is going to confuse trading for gambling, it simply means that person is haphazard about trading.

Yeah, I know that angle you're looking at it from but what we're trying to differentiate here is gambling from trading. 🤔

Well, I always like to keep a positive mindset while looking at Bitcoin price charts. I ain't talking as a maximalist or something; I speak from an objective assessment. Having watched what Bitcoin has become since coming into this industry, my opinion is that whatever price Bitcoin dips to it will surely rise and surpass its previous ATH. BTW, I don't see anything disastrous even if Bitcoin goes below $10k.

If you allow pregnant woman take vex rush enta house born, she go born mad person.
Meaning: Critical decisions aren't supposed to be taken in anger, the resultant effects are often regrettable.

@palle11, I guess you double posted unintentionally. You may want to delete one.

Back to the issue at hand, and I ask this with good intentions, you said there are other stuff you include in determining entry and exit points for your trades as you stated in, "plus other stuffs I had to confirm with lol." No one is asking you to share the codes to whatever software you use but I think for education purposes it won't be any harm if you mentioned only their names. It's so those following your calls may begin to know how to fish by themselves rather than wait for your handouts. However, I still respect your right not to share that information if you don't feel like it.

Trust me, when the market is severely beaten up, reading is likely going to be the last thing on your mind. It's easier said than done when you're not hodling any investment that's plummeting. Just know it's a different ball game when you're in an investment and your portfolio has dipped drastically. Bear is often characterized by silence, both in the market and in social media groups. Investors get sobered up in loss. It's during a bull rally we often hear of people claiming expertise to have projected the market will rise, not in bears.

That will depend on the crypto one is hodling. It's not mandatory that every dipped crypto will surely rise. Some even dip and get ruined from it. It's only Bitcoin I can trust on this, to rise after a drastic fall.

I repeat (I've said this elsewhere), no individual knows accurately where price is headed. We can only speculate. Don't base your judgment of Bitcoin price on what a single individual says. Even if whales were to come together to conspire to sell off at the same time, they still won't be able to dictate what level price will fall to let alone a single individual. So, ignore Mr Heart. He's merely seeking attention.

If you're a long term hodler, I don't see why current price should be of concern since you ought to know that the current price is at a discount; offering an opportunity for new investors to get in. Have 2024/25 in mind as the expected time to sell off. From the look of things, I even expect a further price dip after a momentary rally in November. My November pick is based on how I've seen price react in that particular month, not of anything else. I've to say that so people don't misconstrue that speculation.

Maybe the trade came out right but my thinking is that you trade using just PA. Now that you mentioned you don't trade hands free, is there anything forbidden if we've to ask for the indicators you use?

Yes, we see that the current candle at 1.0025 shows a bearish movement and also considering that the candle before it shows indecisiveness between buy and sell, we may be tempted to believe that we're in for a sell. However, I will like to know at what point you triggered a sell as I can find a triggered entry price far below the current price. Correct me if I'm wrong.

What will be the reason to only let high rank members enjoy this privilege that you've proposed? If anything, I think the proposed feature should be on every member's account with option to activate it or not if anyone wants. Letting only certain ranks enjoy it, for me, will be irrational and discriminatory. It should be the same way exchanges allow users (even newly registered ones) access to authentication features and then one chooses when and which features to activate. This forum is big enough to implement something similar. I think the call for 2FA authenticator is beginning to hit up. Who knows, theymos may see the need for it now and do something about it.

Honestly, I'm indifferent to what price Bitcoin hits. Though my heart is a little selfish that it should go down a little more so I can leverage on its crash to buy certain altcoins I find high now. Beyond that, I'm okay with whatever price I find Bitcoin at now. I ain't perturbed a bit even if it goes down below $17,000 because I know it's going to soar pass its last ATH during the next halving year.

That's the danger in trying to short Bitcoin with the hope to buy in later and then discover that you can't get that opportunity again. At every point Bitcoin dips, investors take it to mean it has discovered a bottom but if it dips further they quickly tun into conclusion that it could dip more and many would see it as a right time to sell off and then wait for a later dip to buy back. You see, just like life is full of surprises; that's how this crypto industry is full of inevitabilities too. No one truly has a complete handle on it. It's as speculative as it can be. Those who sold off only have themselves to blame or buy at a higher price than they sold.

But of course, there's something called instinct. I've learnt never to argue with mine. Once it comes up whenever I want to take a vital decision, I go with my instinct. It's not a question of me trying to satisfy a curiosity or justify how manly I am. Remember that axiom – curiosity kills the cat? That's right. I rather take a decision that excludes me from unnecessary adrenaline rush than indulge it and don't be at ease while it lasted because I'm curious to find out something. Being paranoid, if you asked me, isn't after all a bad thing.

Introverts don't like socializing. If I'm correct of what you've described of yourself im not to social of a person, you seem to be an introvert. So, I'm wondering why you still want to get in the mix with a crowd of people you truly can't judge what they're capable of? There are many "what ifs" here. What if those putting up the conference aren't genuine Bitcoiners and aren't out to actually teach but to get contacts of people they're likely going to snoop on later? What if they're scammers who might likely ask to trade for you or provide one signal or the other? Besides, you've to reckon that once you put yourself out there and mingle with people you truly don't know; your privacy is compromised. You've to consider all the salient issues raised here and then decide whether you want to go that way or simply continue to learn online from the comfort of your room.

Yes, here is a veritable place to learn crypto stuff. It may take a while for one to know how to navigate the relevant sections of this forum but once one is settled in, learning becomes enjoyable. I had such experience as a noob and would often get lost locating threads I was reading until I would stumble on them again later. I started my crypto journey here and most of the things I know about cryptos were from this forum.

Get an online dictionary. Learn how to search for expressions, idioms and collocations you come across so as to get their meanings. That's an easy way to improve on grammar.