Just like traditional trading, futures trading has been a very good innovation in the crypto space, yet I still feel incomplete without trading Bitcoin with Option. I was happy to see the Option trading feature with Binance, which is my only exchange, but they offer a different kind of Option trading from the traditional one I know. Their style of offering is designed to make one lose as your winning is not guaranteed even if the difference between the striking price and the price at expiration is in your favour.
Option trading is not a place for people who need help. If you need help then you shouldn't be trading options. I have been in crypto for longer than most people here, and even I do not go into it. Because, I know that if I need help and I can't do it, then it is on me and it’s my own problem and no one else’s. Everyone should be aware of it like this, you can't put the problem on someone else and ask them to solve it, getting help on how to learn is like that, because you want others to take the responsibility and teach you stuff, and you shouldn't rely on the kindness of the strangers, it wouldn't really make sense in this situation. |
|
|
|
There's no insurance for staking stable token. This is crypto and you can't think if crypto just like a bank that will give you more guarantee for your money. The risk will always there. That depends on you whether you have agreed with such condition or not. I meant you must also aware that if these days anything can happen with the platforms just like when it has been hacked by hackers. So, you must think for twice before try to stake your money.
There are too many people who are looking into something that would be secure and trustworthy and they could still make some money. Unfortunately that doesn't exist, and they will be losing all of their money if they are not careful enough. This isn't something that could happen too rarely neither, they could lose their money all the time, at every corner of crypto there are people who are looking to make you lose money, and if you are not careful then you will be trusting them as secure place to invest and stake stablecoins, and you will never be able to withdraw it back. So only do it in places like Binance or similar, just to make sure it’s a place that doesn't need to scam you to be rich. |
|
|
|
A coin that has been subjected to such a dump will never again be an object of investment for large capital. Now this coin has turned into a dummy, which is maintained for the sole purpose of pump&dump. Therefore, if your position is in profit, you should close it and invest in more promising coins.
There will be a day when 100% of the people will realize this, but that is not today. We are seeing gradually everyone leaving, one by one, but right now there are still some people who lost so much money that they still hold onto some sort of belief that they will find a way to fix it, I am not saying that it will make any profit, but they are trusting that they will at least get like 10% of it back, because that’s a huge profit for them compared to right now. Unfortunately, that’s not going to happen, it won't recover that much, and that means all these people lost their money and to tell them "it’s all gone" is not something they can accept easily. |
|
|
|
One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
People have a different strategy and plan for their investment. I know people who earned a lot of money by using the speculation of crypto. Actually, it is up to the person who wants to make strategies based on their goal and market conditions and try to execute them in a different circumstances. There are plenty of opportunity in the market so it is wise to stick with your own methods and wait for it to work. Speculation of crypto is something that could be very profitable if you know what you are doing. I know it’s not as lucrative as it sounds to many people because it’s a very hard thing to do, but at the same time there is a good amount of people who do this very well and they end up making a lot of money from it. I personally cannot, because I am not good at it even though I spent years on it, but I know friends who turned 0.5 bitcoin (which wasn't a lot back in the day) to 100+ btc, which means that it is possible. Knowing that it is possible is not equal to you being able to do it, I know it’s possible and cannot do it myself, so there is a big difference. |
|
|
|
We were sure that we would see Pakistan and India women's teams in the final of the Asia Cup. But we didn't think other teams would show such a bad performance. Sri Lanka's performance is deteriorating day by day. Sri Lanka women's team scored 109 runs in the previous match against India as well. My estimate was that they will be able to provide more than 100 targets in today's match as well. But they lost four wickets for 9 runs in just 4 overs. No player could stay at the crease for long after such a failure by the top-order players. Inoka Ranaweer scored the maximum 18 runs for the team. Indian opener Smriti was unbeaten on 51 off just 25 balls.
After Pakistan's upset win against India in group stage there was good hype about this final but sadly in semifinal Pakistani women's fail to score 9 runs in last over and lost their match which was a good-spirited win by Sri Lankan after this performance many were feeling a good competition between Sri Lanka vs India in final but sadly a good bowling and the worst batting from Sri Lankan women's ruin all things and India won this match easily without any resistance. Now Sri Lanka is team which lost fifth final and India won this title seven time with one time won by Bangladesh, and they never reach final after this win Pakistan lost final two times with this all we can imagine how things are going here in Asian cricket. |
|
|
|
Crypto exchange like Bybit or Kucoin doesn’t have that kind of strict requirements when it comes to lead trader because it’s based on your ROI and winning rate to become lead trader. Lead trader feature is only available on bot trading and not on regular spot or futures trading. Copy trade on exchange are meant for traders that use the bot so you can become a lead trader without being notice by you if you setup your privacy that allow copy trading.
At the end of the day, lead trader is something to be careful about and there are not that many people who would be able to do that without needing some technological input. I mean it is clear that there is a need for a bot trading, or some signal tools, or something of another, because without those things you are not going to end up with anything good in the long run. People who trade manually without needing anything else are not professional traders and they can't be at the top. However, you could end up with something that is doing a lot better and you would be profiting at a level where others can't if you do long term investment instead of focusing on lead trader. |
|
|
|
^ Ok... So if it's going 'down and down' at what price do you think BTC will drop into? Is 15k a possibility you think? Looking at the chart right now, it feels like 17.5k - 18k is protected. There are market forces out there not allowing BTC to drop down below it. And it could be different groups doing it to protect their bags and their self interests. I could imagine miners doing it, exchanges too. Maybe even guys like Michael Saylor could be in the mix. I'm not saying they're working together, just saying they're there.
It looks like the price of BTC will not drop drastically that fast. And even though the price will drop to the $15k level, it will probably happen gradually. Still, it could also immediately drop to the bottom, especially if many people are panicking and not ready to see the price drop. This will also be triggered by a lot of negative news, saying that BTC will collapse. Only people who can see a buying opportunity at that lowest price will be able to get high profits if the BTC price bounces back up. There are too many people who are afraid of price being lowering that fast, and we all know that it won't, it's fine though they can believe in whatever they want to, it's not really going to change anything. I personally believe that the best thing to do right now would be buying up bitcoin for the future profit because I am a bitcoin maximalist, and I believe that even when there are some falls, the long term trajectory of bitcoin is always up, and that's an important reason for me to invest into bitcoin. This is of course not a guaranteed thing, but it is a good thing that will help us in the long run. This is why it's best if we could invest now, but be careful anyway. |
|
|
|
BTC's circulating supply is now 19 billion million out of the 21 billion million caps...
The only reason why the price of any commodity, including bitcoin, changes is determined by supply and demand. And if buyers refuse to buy bitcoin at the price of 70 thousand dollars, then sellers will reduce the price until this price satisfies the other side. Therefore, it is impossible to accurately predict the value of bitcoin without knowing the general state of the economy by the time BTC reaches Max Supply. That is a good approach, not really thinking that you would be making a good profit no matter what is the key to this. There are too many people who are ending up with something like an idea of what bitcoin will do at certain point in time, but the reality is that they have no idea bitcoin would do, I am guessing that the best thing to do would be making sure that bitcoin could be anything by the time it reaches there and the general economy of the world will also matter into this. I hope that we can realize this soon enough and not really go overboard with it too much. If we know what we are doing then it should be fine in the long term, just don't take too much of a risk and think you know it all. |
|
|
|
what you do will make you more experienced in trading. keep going and you will get to the goal. Don't be afraid you will risk a bigger loss because you are in the process of becoming a successful trader.
but we can't deny, many signal groups do sell and share trading plans. they even create accounts on exchanges that have copy trading features for them to apply to members.
That's what we should do if we really want to have the ability to trade so that we don't have to rely on other people's abilities or even wait for them to give signals. It will also be better for us because by continuing to learn, our trading skills will get better over time. But maybe he can try to get signals from groups but I suggest not trying to subscribe to signals from paid groups because the results might not be worth it. For copy trading, I also don't recommend it because we also won't always be able to profit and risk losing if we choose the wrong trader. Learning how to trade all by yourself requires both patience, and hard work and people do not want to have to deal with those two. It requires patience because you need to study for a long time to learn how to be better, most of the time it doesn't mean that you will be bad for years, but it is very difficult to be good on the first month as well. It also requires hard work because you can't just study 10 minutes a day and be good in a month, you need to study for hours each day for months to be good, and not many people have that kind of dedication to things. This is why they prefer signals or people to follow how to trade coins to make money instead. |
|
|
|
What does the Increased in CPI number means for crypto future? It seems the number will keep going up and up, I thought 17,500$ is the bottom but it seems the pain is just getting started, what's your take on this? Inflation rate is now way up to range of that of 1982, do you think 10k BTC is certain at this point?
I think the current rise in global interest rates has caused panic in the traditional and cryptocurrency markets, in the middle of last month after CPI announced data that inflation continued to increase and made the bitcoin price drop to $18k where previously the bitcoin price stood firmly in the $20k area, however although currently the global inflation rate continues to increase but I am not sure this will make bitcoin plunge to the level of $ 10k because so far the lowest bitcoin price is at $ 18k. I believe that type of small drops do not matter, they are not really news worthy any more because we dropped from 68k to 20k, another drop from 20k to 18k wouldn't be really a reaction in my eye, that's just a regular Tuesday and nothing more. However, the idea of it still stands, the inflation is high and we are fighting it with high interest rates, which means more money is withdrawn from assets and put into interest and that could be quite risky and dangerous for all of us. As long as that keeps on going, we are not going to end up recovering from anything at all. Hopefully we could eventually recover with rates going down, but it may take a while. |
|
|
|
Actually, I don't really like meme coins, but if I had to choose, it's Dogecoin. The reason is quite simple because it has been proven to last for 8 years since its initial release in 2013. Moreover, Dogecoin has full support from the founders of Tesla and Space X, so there is nothing to be afraid of. But if you often panic about bad things, you're not cut out to take the place.
That is exactly what I was thinking. I wouldn't buy dogecoin neither because I find it just amusement and not an investment asset at all. However, compared to all other memecoins and tokens we could consider Doge to be father of them all, wish it never existed but if I was pressured into buying one of them, doge would be the one. The main reason is the fact that it is the biggest one, there is really no other reason, plus it's nearly decentralized, sure the price is heavily centralized on Elon Musk, but the development part is quite decentralized and it is huge in both volume and marketcap compared to others. So it is logical answer even though I will never buy it. |
|
|
|
when it comes to buying an asset we need to ask ourselves several questions, do we feel comfortable buying now? And if we buy now are we completely sure we can keep holding our coins in the case the price goes even lower?
If we can answer those two questions with a yes then we know we can buy now and not regret our purchase, but many people simply wait for too long before they buy and miss such good entry point, and then when the price goes back to those levels instead of felling lucky because of it and accumulate more bitcoin they panic and sell their coins.
I can, I know that I can buy now, well I can't really buy now because I do not have any money left, all of them are in bitcoin already, but if I had some more, I would put that into bitcoin as well. And I wouldn't regret this decision because even if it becomes 10k I would be able to hold it. What I know is that I would have spent that money on something else if I didn't buy bitcoins with it, not keep them and wait for it to drop, this is why I am totally fine with buying as soon as I get my hands on some money. That's a good thing, because it allows you to have a good investment that could 5x in a year or two, which bitcoin will probably do. |
|
|
|
OP meant to say was day trading isn't profitable in the long run, you may be earning today with your day trading skills but once the cycle of market change then that's the time you will start to question your ability in day trading. That's why OP said that 99% of his trade aren't successful(getting profit). There are different types of trading strategy and you use the best strategy that would be able to give you more profit than your previous trading strategy.
But it is not exactly correct that day trading is not profitable. Just like you later in the post you said to use the best strategy and I think that is what is important to do. Look into the best strategy that you are consistently making profit then build upon it and continue taking your profit from the market. The market is always there and willing to give us profit if we do the normal thing but we are just humans , sometimes we fall but we need to rise always. The trick is to do whatever you are good at, because everyone else is a different type of person who approaches things differently. I knew a guy who was a Japanese teacher and had absolutely nothing to do with finance at all, he lived in Germany so he wasn't in Japan, and dealt with euros. Combining his Japanese hardwork with German discipline, dude turned a few hundred euro into over a million dollars by working hard to first study and learn and know everything he could find, and then be active and hardworking and NEVER going out of his system even when things didn't look good. Find your own method, do not try to copy others and you will get there too. |
|
|
|
Rohit Sharma and Virat Kohli's contribution will never be forgotten by India Cricket. Even though Virat Kohli is in poor form now, he has a different character that the cricketing world has seen. His records are numerous. The number of his fans is not less. He has been repeatedly given the chance to be retained in the upcoming World Cup. But he has failed to bring back that form so far.
Kohli just need some rest to regain his form which he is not willing to take. There are many cases where players took break and came back strongly. Kohli is still young and has 4 to 5 years of cricket left. He should go back and play domestic cricket. Right now as Indian team have their schedule they need some good number of players which help them for back like we have in last series which they won against South Africa because this is surely one of the best part for them if they are able to go with all three formats because they can afford this and this could be positive change for players which are surely right now burning with this schedule and fail to regain their form like we have Virat Kohli. There is no doubt Virat Kohli is big player and having out of form for long time so here it's his right to have some long rest from game and join his team with fresh mind and positive change but greediness and poor management having no things like this, so now they are still worried about his form in T-20 World Cup which is surely vital if India wants to win this event. |
|
|
|
I’ve been watching this GBTC and honestly the -35% discount is just too crazy to ignore. Basically it’s like buying at $13K or so. If Bitcoin dumps further it’ll be like buying Bitcoin at $10K pretty much.
Only issue? How long will you need to bag hold this before it actually meets par. I am guessing it’ll be years by the way SEC makes decisions.
That is something to take a risk on. I am not saying that it makes sense to buy at this cheap, because it doesn't guarantee you any profits at all, but at the end of the day if it makes you any profit in the end, then it was a good risk to take. Doesn't matter how long it takes, the only question that matters is, how much you could make from it, if you believe that you would make a great return from this then it makes sense to invest into it, if it doesn't make sense to make and you won't make a profit then it would be smarter to invest into something else. Time doesn't matter here, because time will matter in something else as well, it's mute point. |
|
|
|
This topic is understandably a newbie’s favorite discussion. Newbies may find the identity of Satoshi Nakamoto intriguing and may even attempt to draw a pattern to speculate the identity or nationality of Satoshi. For those of us who have been here long enough, we have seen this being discussed repeatedly and I have come to the conclusion that this will be a discussion that will never cease as long as Bitcoin exists.
it's true that stories like this never end, but does anyone here have any idea what should be done if Satoshi's identity were to come to light? i want to know what everyone will do after that, maybe we can run to him and get his autograph as a souvenir? is this beneficial or profitable for us? he decided to remain anonymous he must have had a good reason so we should respect his decision. he left us a huge legacy of bitcoin, what we should do is grow it and stop digging into his identity or life My honest opinion is that if we knew who satoshi was then we would not be able to see bitcoin rising as much as it did. There are so many government problems that wherever he lived, he would be found guilty of "something", if they weren't guilty of anything, they would definitely frame them for something with fake proof in order to jail them. Because, this is something that drops the power of governments via economical freedom to people and they would want to say "look who created it, he is a monster!" and make sure that everyone saw it and then hope that bitcoins power would diminish and disappear at the light of satoshi being a bad person. |
|
|
|
I'm not worried about Bitcoin. I'm worried about my financial situation and I'm kinda worried about the future of the Planet Earth.
Bitcoin Core still being a "beta software" isn't something we should worry about. I'm no expert in this field, but I think that open source codes would most likely remain "beta" forever, as there are constant updates and improvements.
The Satoshi quote about Bitcoin having large transaction volume or no volume after 20 years has been repeated many times in the forum.
We are heading towards 2029-2030 and Bitcoin is still strong. Maybe Satoshi was right about the first option and Bitcoin will have a large transaction volume. Nobody knows what will happen after 5-6 years. Technology is advancing really fast.
I feel like the high transaction volume was calculated by satoshi but maybe not this much. This is why we moved from the legacy, and now moved into other stuff. I mean lets all remember, our address' started with 1 back in the day, then started with 3, and now starts with b most of the time, why did that happen? Because the transaction volume increased, which made the transaction fee high, so we changed it into something that would benefit everyone and drop the transaction fee. This means we may end up seeing something different yet again, if there is another bull run, which I believe will, then we are going to have even bigger fee, and we will need to change it yet again. |
|
|
|
Almost all exchanges manipulate trading and the volume but some exchanges have the pedigree of a more reliable volume of trade due to high daily number of users/visits, deposit and withdrawal. Trading order can also indicate how genuine trade is on the exchange, if most of order set at the present prices are filled immediately without bot. The size of order on the exchange correlates with volume. top exchanges like binance, kucoin, coinbase got such pedigree and is the reason almost all projects want to list there. If a project start producing low trade volume for so long, the exchanges delist them.
I would guess that you could see the volume while you are trading yourself as well. When you are trading if the price actually moves decently that means there are some traders, if it doesn't move, but there is volume, that means they are trading in between the lines. I have been part of an exchange back in the day working to make one of the tokens volume high, what we did was put orders on lower than the buyer, and one higher than the seller and trade with each other, we would remove it right afterwards so we wouldn't be able to trade with others and lose money neither. We would only lose the fee, and that was given back anyway so it wasn't a bad deal. |
|
|
|
Number 1, definitely your mistake. You brought in some tokens from shills on YouTube which is a big no-no. Also, anything that is already exposed on social media means the chance you can buy it at a good price is out of the window.
Number 2, this one is tricky. Cause I know a lot of miners made mistakes like you. Despite ETH's PoS planning for this year being way more serious than the last time, some stubborn miners still don't want to believe it. A lot of disinformation, and hype around the cheap price to get PoW rigs even though ETH PoS is in its last breath. You should consider and mark it as an unfortunate event and move on. Maybe don't 100% trust in whatever that friend of yours advises from now on.
Number 3, well not your fault. Back when BTC @$60k, the hype around it was insane. Did you see how many BTC holders still keep on their BTC for the $100k rally and didn't sell their bags? Complete missed their chance to sell it once it was down to $40k then $30k. The Tech bubble got the same fate and many stock investors miss their chance too. You shouldn't dwell on this matter too much.
The good thing is, this was a good lesson that he learned and that way he won't do it again, well if he ever does it again then it’s all on him, but first mistake always happens. I made a bigger mistake, I have been in crypto for nearly 10 years and I do not own 1 bitcoin, I could have so many bitcoins right now if I knew. But that’s fine, I learned, and I am growing now, and I am going to be rich in the future. We all make mistakes and we all learn from them and the important part is to be better after the mistake. There is no scenario where people get into crypto and make no mistakes at all, you will make some, it’s better to at least learn something from them. |
|
|
|
Day trading is a bit riaky i think but if you are going with the spot for this time that can be non risky but still you need to understand that for now market is like Confused 😕 so this is how market moves and for 1 day i am sure you are not able to make good profit except for good luck ahhh Future Trade is another thing but its Highly Non Recommend.
There are no proper words to describe this situation. If we do spot trading, it may be safe but also at risk of surviving long enough to withstand losses if the market does not improve. While futures trading is very promising but if you do not understand technical analysts it can be a boomerang that is detrimental to you. Leverage trading means you need to be good at that moment, not later on, not a week later, not a month later, you need to profit at that exact moment to make money. If it goes down even 1%, that means all of your money could be gone, but if it goes up 1%, then you will make a lot more than that, maybe double your investment. This is why it’s so important, and why it matters so much. I personally do not care about the situation at that moment, that’s why I stay away from it. Personally spot trading is a lot better, it’s a lot lower returns, and it’s a lot less risk. If I am wrong, I could DCA my way out of that investment most of the time, and that feeling of security is something I need. |
|
|
|
|
Show Posts
