|
Glad to see threads/posts about risk management.
For OP, how you will apply this to your trading? Just like when you start trading and start opening some trade positions?
I also believe that using risk: reward ratio is good here before entering any trades position, with that, you will identify your target price, stop loss, and there you can see your risk: reward ratio.
|
|
|
|
|
What I can say on RON token right now is still not that high, especially the market is still struggling so most altcoins especially this one is affected.
Another thing is, for now, RON is still don't have use cases, remember that only Axie Infinity is the one using Ronin Network, so maybe in the future if there are other platforms that will start using Ronin Network, and will become popular, that's the time that this altcoin will grow.
|
|
|
|
|
Decentralized Exchange is your friend here if you are really facing issues about these centralized exchanges being restricted on your location, you can use such decentralized exchanges which are already popular these days, but not all decentralized exchanges (DEX) are good/without restriction, like dyDx, they have restrictions.
But you can use such alternatives especially on other chains, like Solana, mango markets, Serum DEX, etc.
|
|
|
|
I had a limit buy order set to but a specific crypto (XRP) at a lower price. The order has now been filled but for some strange reason I can't see any trade history indicating that the crypto price went that low.
(....)
It will always show in your trading history for sure especially when the order is triggered or for example, you have to buy an order, when you saw a change of balance in your account means it was triggered. Another thing is you should be aware that there is market order and limit order, maybe you misunderstood this part or did not know their difference. See: Market Order vs. Limit Order: What's the Difference? |
|
|
|
|
You know, "NOT TRADING" is also the best strategy sometimes.
Like, it's not all of the time you can trade like short it or long it. It is one of the strategies I am using too.
Another thing is sticking with your strategy, why? Because if you stick to it, you will master it. Remember that not always on trades are win, that's why risk management is there or the stop loss to prevent you from losing more, and always remember that there are a lot of trade opportunities coming.
|
|
|
|
|
Glad to see some threads about this, always looking on another side, not always "UP ONLY" post/threads.
So for me, I am also favored with OP, block halving cycle is already proven since before or start of the block halving, we saw a lot of changes in price actions over the time, there are always ups and downs, bear markets or bull markets which for me it is normal, especially we are still on early days of Bitcoin, it is more healthy for me.
|
|
|
|
there's a reason facebook bought oculus. they are already advertising it. give it 4 years. 2030 is literally right around the corner too. either way. that is not very far away.
I also saw on some social media that Microsoft is already ahead of Meta, it's just Meta is a rookie on this game, as we all know Meta is started with Facebook, social media, and messaging platforms. So, this is a big challenge for them, I don't hate Meta, I want to see how they will be able to succeed especially with a lot of problems right now a lot of people are hating them. Metaverse for me is really huge, it's not only limited, that's why I am believing in companies that starting to explore metaverse, but it will also help everyone in the future. |
|
|
|
Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
(........)
I like your numbers but those numbers for me are psychological support and resistance for a very long time, since last year. So for me, if you can see Bitcoin is having a really hard time staying above $40,000 and that's why every time it tries to break $40,000 and fails, huge dumps are happening. |
|
|
|
(....)
Unfortunately, even with several advice, a newbie will always be a newbie. There will be a time when they need to experience painful situations before learning anything. With that experience, they will now finally avoid it in the future. I salute those newbies who are using their common sense. They are being responsible despited being new to the whole idea of exploring everything about cryptocurrency. You are right, but it will always be prevented. That's why I really admire those newbies who have basic knowledge on security or identifying scams online, even it is not crypto-related but their common sense is already there. That's why for me, I will not accept a reason "sorry I'm just a newbie" at all because in the first place, "you know you are a newbie, why you did it?" |
|
|
|
|
For a long time already, I still don't have any basis when to know if it is already a bull market or a bear market.
Just like is there any specific action on the market that you can tell it is already a bull market or bear market? I don't think so.
Another thing is some people are still claiming it is already a bear market while some are still on the bull market. Really confusion.
|
|
|
|
Having a financial background will surely accelerate trader passing first levels quickly, without basic understanding of financial terms I doubt user will be familiar in short term studies. Having a dedicated trading plan and keep applying your own trading rules on each single trade will make trader successful and profitable the long term. Demo trading isn't same as live trading with your own capital, emotions can affect your next trading decision, so stick to small bankroll rather than demo trading, IMO.
Demo is fine to familiarize yourself on the platform you are using, and I agree that using a small capital first is much better especially if you already know how to execute your trades on exchange. Successful trader can’t be done in just a month, it usually takes time so be more patient and just stay consistent because trading is also a volatile journey along with the market. There are also some platforms that offer testnet/demo account, where you can fund your account some amount but it's just for testing only. It's like you are using play money or not real funds but there, it is working like the real one, so there you don't need to deposit any small amount of funds or whatever, just create a test/demo account. Here are some example of testnet/demo trading platforms: https://testnet.bitmex.com/https://testnet.bybit.com/ |
|
|
|
I already expected these before. After El Salvador and other countries started to see Bitcoin as useful and started to do some regulations about Bitcoin and not being strict to it anymore, it's become virus for me, look how it spread.
I am positive that this will continue, other countries are starting.
It is already expected ever since in the beginning that bitcoin will be adopted by many countries due to its usefulness. In the part where the country El Salvador adopt bitcoin, I actually have a bad feeling that some countries wont follow adopting bitcoin anymore because they saw how El Salvador struggle by the time bitcoin goes in a heavy dip but now that bitcoin recovers a bit, I think everyone had feel a relief now and can breathe normally especially El Salvador and maybe other countries have now changed their mind and they will now adopt bitcoin because they saw that bitcoin is really strong as it can recover no matter how long or how deep it falls. So, the price of Bitcoin/volatility matters this time? I think if you are using Bitcoin as just a mode of payment or as legal tender, you will be not worrying at all, but for investment it is risky. I know most people use Bitcoin as investment or just for money, but they must know how really Bitcoin works and it is main use. |
|
|
|
Most stock traders that i know, they don't like bitcoin because they already have good income from investing and trading stocks..
But obviously the common reason of declined of some stock traders when it comes bitcoin is, it is because bitcoin isn't backed by anything at all wherein unlike stocks that backed by companies and etc.
To make the story short they're afraid in bitcoin.
And for me in my personal opinion its too hard to convince them because we different perspective to be honest..
(.....)
I also know some people that already been in stock trading for a long time and started to trade with Bitcoin or other cryptocurrencies. They claim that at the beginning they didn't expect the volatility, but I am amazed to them that they managed to still be profitable because they told that you can apply what you are doing in stock trading in cryptocurrency. So for me, not all stock traders are difficult to convince. Only the start is difficult. |
|
|
|
|
I already expected these before. After El Salvador and other countries started to see Bitcoin as useful and started to do some regulations about Bitcoin and not being strict to it anymore, it's become virus for me, look how it spread.
I am positive that this will continue, other countries are starting.
|
|
|
|
|
Red flag for me!
First, if you take a look at their website, very not professional. Lack of details, and most of the content is about their sale, lol.
They don't even have whitepaper.
Another thing why a red flag is they are on Binance Smart Chain(BSC). Since I am not a fan of Binance Smart Chain (BSC), red flag.
Just my 2 cents.
|
|
|
|
I do not think that the war between Russia and Ukraine impact the bitcoin price declining but even if that is true, we can do it except just accept the situation. Even if the analyst related to the war with the crypto market, you do not have to worry because the crypto market will soon recover and be back to the high price. Maybe you need to take a break for a while from the market to calm down your mind and not think that it is because of the negative side that happens in real life.
To be honest, from my side. I don't find any reason that the war between Russia and Ukraine will affect the cryptocurrency market too. This is not my first time to see a conversation about Russia/Ukraine things and tell that the cryptocurrency or Bitcoin prices will be affected. |
|
|
|
|
Is Arbitrage trading these days still profitable?
What I am also looking for arbitrage trading these days is when you use high volume trading pairs, you will get a low risk, low reward. But for those pairs that got small-mid the market cap seems still profitable? but the problem is it possible to do it arbitrage.
|
|
|
|
|
Hello everyone. I just want to ask if there are any particular social handles you are following that post such as memes or jokes about cryptocurrencies.
It could come from Facebook/Twitter/Reddit/Tiktok/Telegram channels, etc., but yeah I want to know particularly like the username of their profile? Any suggestions?
I would be happy to follow them too.
Thanks!
|
|
|
|
|
I suggest going with IDO (Initial Dex Offering) there are already a lot of them right now, especially on different chains.
I can give you some examples, try the Solana network, Raydium is one of the best examples for Initial Dex Offering, there are some projects already made successful IDO there where you only need funds and sometimes whitelisting for their sale.
I find more IDO is much better or safe compare to ICO.
|
|
|
|
 Here's the current TVL of Avalance and Binance Smart Chain (BSC), as you can see there, Binance Smart Chain (BSC) is now above with Avalanche, advance with only $2b. For me, if you can see the protocols are almost half the advantage of BSC, once more protocols will come to Avalanche, Avalanche will advance with Binance. |
|
|
|
|
Show Posts
