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?
It does work as long as you join with the trusted trading group. I have several times to join the paid trading group and I paid arround $50 per months and indeed it has given me a profit. But it is just for a while, I can't trade by myself and just depend on the signal. If the signal comes then I'll trade but if there is no signal I just looking the chart movement that I don't understand. Trading is a good way to earn money, you can make it as your source income. So, you have to be serious to pursue this field. There are many sources that you can use to learn how to trade well and learning some strategies. But, I just suggesting you to buy some trading books becauss it is more useful than you learn on youtobe video and some articles.
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It is fine to hear someone else suggestion because we don't know all the coin that can increase a lot in the future. With one note, we have to read all the information first and make sure that the information is right or false and can affect to the price movement.
Doing your own research is something important when we have money and have intention to buy some coins. Previously I always follow someone else signal, but yeah sometimes it got me a profit and sometime got me a huge loss. Actually you will never be satisfied when investing with other people's signals, because you will never know when your position should end, you don't know when to get out of the market.
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There is no one who will feel that he is rich already, he will always feel lacking in anything, especially for the wealth section.
He always want something that he hasn't reached and always try to reaching it. I guess become a rich person is depend someone else assumption, not by ourself.
Not necessarily we have got anything, money, cars, houses and everything but we are still lacking and want to get something else. Because the definition of rich in my opinion is when we don't want anything anymore and enjoy what we've got now.
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Has anything changed since there was bitcoin? I mean, something like many people are only dependent on bitcoin function?
I guess no, bitcoin hasn't changed anything. Remember satoshi intention's was making bitcoin to replace money paper, but until now I haven't seen it realized. Many people just using bitcoin as mean of investment because its volatility price. Someone could get a huge money in a few hours just because he bought bitcoin. I guess just this thing which can has changed by bitcoin.
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We are already in March 2021 now, I'm guessing first quarter of the year is almost over, now how many altcoins really benefits from btc hitting 50k ? In 2017 when btc hit 19k all altcoins are pumping like no tomorrow, even shitcoins made incredible bounces but why aren't we seeing such this time around?
You can't make it the same, crypto currency investor has been learning many times especially when they choose altcoin for their investment place. Also, instutional investor is more prefer to choose bitcoin as their investment place because bitcoin is more popular than altcoin. But, there is some altcoin especially DeFi token. DeFi token is like ICO 2017 ago, their price movement is so impressing like UNI, YFI and LINK. I guess for those who bought DeFi token before booming they will get a lot of profit. As an example, for those who got UNI airdrop they will get a huge money from it.
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There will always be poor people in this world. I would bet if I find a case that there are no poor people in a country. But of course it will be different in each country, we cannot equate the poverty of someone in country A and poor people in country B.
Because it depends on a person who lives in which country, for example what type of poor people in developed countries will be like and will be very different from poor people living in developing countries. We can describe that poor people, for example there are 5 people, 4 people have $ 100 money while 1 person only has $ 5, we can assume that 1 person is a poor person.
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There are so many false information especially when crypto currency price are increasing or decreasing a lot (volatile). The information will be more sensitive when came at these situation.
So, this is the important part when you decide to trade. I mean, trading strategy is not fundamental analyst only. Even, if you are day trader and use fundamental analyst as your benchmark, then you are willing to lose.
But, I'll be agree if you do day trade and use technical analyst is the main factor you predict the movement price. You will find the movement price base on the chart and then you will match with some information that spread.
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Binance exchange always provide a ranking list (gainers and losers), if you want to trade or invest your money to the coin that is pumping you can check it. But, be carefull with this coin, you can always comfortable to hold this coin because the increasing price just temporary.
I see hydro coin is decreasing 99% from its all time high, do you believe that this coin is really promissing? If I were you I'll doubt it, that is what I mean don't too comfortable to hold an altcoin that is pumping for long term investment. Yoh could lose your money in a few days even in a few hours.
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Don't be underistimate, we still strong. Don't just deemed that bitcoin price fall in several days and give an assumption that the bull run is over.
There will be many reason for bitcoin up more than $58.000 and will make many investor who has sold it will be regretted and want to buy bitcoin again.
The correction is always comes and this pointed out an healthy movement. I just afraid if bitcoin price always up without any correction because it can crash sharply.
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Glad to hear that, philipines is one of the country where bitcoin is being loved by their citizen. I saw many forum member here from philipines and their so antusiast to learn and even give un understanding about bitcoin (especially in beginner and help section).
Yeah, I'll be agree to some people above me who said that when you've done I suggest to make a review about the seminar. You can recap some point that you think this will be helpfull as well for the forum member here. Also, may I know where you find some knowledge about bitcoin? Like book or etc?
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We can't avoid it in this market, for those who have a huge money they could change the market movement. Although there is a bad fundamental factor if they buy the coin then the market sentiment will change.
Because this thing can't be predicted, when bitcoin price is low we will expect the price will go low more than that so as we can buy at the lower price, otherwise when bitcoin price up we will be afraid that there will be a correction.
Moreover with many instutional investor who interested to bitcoin, the pump and dump scenario will always happen. But, if we know that this can be an opportunity for us as retail investor. One thing that we should know, when bitcoin price is drop then there will be a time for the price up quickly because the other intutional investor will buy at a certain price.
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You have to pay attention with fee per one transaction, during bitcoin price has been increasing a lot then we can't expect a low fee for bitcoin transaction. If you have one bitcoin and you divide to 10 address then your bitcoin will be reduced.
I will only choose one address and depend on my intention to saving it. I mean, if I choose long term investment then I must choose hardware wallet, this place is safer than another way because just me who will know all the access to the wallet. But, when I have intention to invest for short term investment, I'll choose binance exchange to saving it.
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No coin in crypto can be accurately predicted, because the less concentrated one can rise more than 10x, so as regards to the listed above, no one knows what next, we are all trying. to be realistic
We only have some factors to know exactly where the movement price will go. Firstly, we have fundamental factor, if the coin has a good fundamental factor and the we can expect the movement price will increase as soon as possible. Take a look with ADA before its new system will launch, its price movement just increasing a lot. Secondly, we can see to the technical analyst. There are many places to learn technical analyst, so as the trader even investor should know this factor. You will be a success trader if you know technical analyst and fundamental analys and these factors can't be separated, although you only choose short term investment.
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Can anyone guess [educated guess please] when the current bitcoin bull run will end? The last bull run ended around 8th January 2018. It would be interesting to know when the bull run game will over.
There is no one who will know exactly when the bull run will end even an expert though. They just predict based on the previous chart or previous movement whereas the market movement has another factor that could change the market movement. As an example, if we only use the previous movement and the signal just give a bull run still control the current market but suddenly comes a bad information and change the market sentiment. The market sentiment will change all at once and this thing has happened many times, many trader and investor just loss their money because this thing.
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I think it is not BNB coin only which increasing a lot and give a lot of profit to its investor. Like ETH, if I'm not mistaken a years ago ETH price touched $36 but as you can see now how its price movement? It is more than 26× for your return of investment.
I guess crypto currency investor has defeated Warren Buffet if we talk about return of investment. But, in experience side Warren Buffet still won given investor crypto currency filled with young people. Also, when you ask will you invest in BNB? I'll answer that yes I have invested many times and I got profit as well.
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Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?
First of all, I want to know your strategy first, what will you take at the current situation? Investing and trading is not about guessing the movement price but you have to know the reason why behind the movement price itself. If I were, I'll quite my trading activity right now or if I in the entry position I'll sell first before it late. I predict that bitcoin price will fall, there is bearish sign especially from the weekly candle. So, I'll put my entry position in the $30.000 area and using high leverage. Remember, it will be the same with altcoin price movement.
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I myself just focus on an altcoin that has strong fundamenfal factor, like an altcoin that will upgrade their security system and etc. Most likely, if you buy this coin then you need several times to increase your initial fund which mean the movement of the altcoin is really volatile. Maybe just take an hour the its price movement has increasing more than 10%.
So you just need an update information to use this strategy and don't forget to only choose a coin that has strong community and also the coin which is in the top 50 position. Moreover if you choose future market then I believe you just need 5 minutes or 30 minutes to make your capital up as you wanted. But yeah, this is a risky way, beside you get instant profit then you have a chance to loss your money instantly.
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I guess the sky isn't falling after all. LOL< I'm a pilot and said FOD at first. Corrected.
If you get used to with crypto currency price movement especially bitcoin then you will already know which information that can lead to the trully FUD or an information that can only make many people afraid and force to sell their investment place. I found many times the information like that and until I've known how to deal with that situation so as I can still comfortable with my decision (hold or sell). There will be some people who want bitcoin price drop so as they can buy as much as they can, also bitcoin still have many enemies especially from old investment place, so as they will make several negative statement to affect many people.
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Investing and trading without an understanding is very useless. I always recommend to anyone who ask me when he want invest and trading in bitcoin then he should buy a book first to learn how to trade or how to invest well.
At least he will know the basic strategy how trade/invest so as he can apply when he start. This thing will avoid someone who just comes and he leaves becuase he gets a huge lose and never come back to invest.
But, when he has known about how to trade and how to invest although he got lose he will come back later. He will be curious and even he will learn more to get profit in the market. After that, if he just get a first profit I believe he will learn more about trading/investing strategy.
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I am here since 2015. 2018 early shows the bear signals so sure about the bear. this time all the chnaged we can not gureentee about bear or bull. not gurentee we all are confused.
So, what your strategy to meet the situation, hold or sell? Indeed, there is no specific strategy that can give 100% the prediction become true. At least we just have 70% when we confident that our prediction is true. Technically, I show the bearish signal has coming. Take a look at the weekly candle, there is a sign that bitcoin will fall and the bull market is over.
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