This post serves an inspiration to all traders out there newbie or pro that it takes time to profit surely in trading look at OP even thought he spend a month the most important is profit new traders always wants to be rich in one day and try trading without proper planning and skills this happens to me many times and got rekt especially in derivatives so now I have learned my lessons I mostly trade now in spot to avoid risk and being liquidated to often, @op congrats for job well done you nailed it man keep it up.
^ Definitely right, inspirations and the dream of the most traders who were wishing that they will earn money per decision that they made. It is very impressive OP, I do hope I can able earn the same as what you have gained now. But unfortunately, I don't have enough time to make money in trading and it seems I am quite a late update of which coins are the best to trade. Nevertheless, it is probably informative if you will share it here what those coins that make you 100% gained profit, or have you joined the pump and dump group? WSB? |
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If your coins lose 80% to 90% of their original value, would you want to check your account often?
^ I did this before when I was very active in trading back then. I regularly check my balance on the exchange where I left my money as an investment to ensure that there is progress on my investment or something plan how can I recover those losses. Sometimes there are gains but mostly it turns out losses. However, I never withdraw my investment on the exchange if my profit was not there, once I am invested as capital in trading, why not just risk my money for potential ROI. Nevertheless, good to hear about your fund back. |
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~snip~ Who else is missing?  ^ Where is Vitalik Buterin? The founder of Ethereum. Probably he also belongs to these people who had a large number of BTC or just a billionaire. However, that is not an official one, there are too many of them and the rest did not reveal themself publicly but the truth they are afraid of their security becomes at risk. Even me, I will not risk my life and my family revealing the assets that I am belongs to the billionaire. Nevertheless, we still are thankful that those billionaires understand the BTC investment, they contributed a lot to BTC to raise up the price. |
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^ Are people still did not happy with the recent ATH that achieve the market price? Like what happened to BTC, it almost doubled compared to the last previous ATH in 2017. Probably everyone now happy if someone invested back then year 2018. However, that is not arguable where BTC was heading up, because we know that it is unpredictable. But look around, there are big investors who adopted BTC, and even big private institutions are now investing in BTC and using this, do you think we are on the hype? BTC will pump up and grow more these days because of these investors.
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~snip~ 5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ?? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees. ^ Lol, dont cry dude, that is only a hundred dollars you have lost and besides, you will learn this mistake and try not to repeat again in the future. Unfortunately, that was your fault though not by them or even the creator of ETH, because you did not know how this works and dont know how to calculate the fee. Of course, the exchange will cut some fees of your money were sent as a transaction. ETH and BTC fees now are relatively almost the same, if this your concern, try to look at other altcoins that have a low fee than ETH. |
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~snip~
How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
^ I can't teach or give a tip if you do not understand the cryptocurrency market price especially BTC. You must learn first before doing trading, because trading need skills and strategies, if you don't have this, then, trading is not meant for you. My tips are these basic trading strategies that commonly use by others, those who want safe trading, buy low and sell high, this is a very common strategy but yet affected, you are in a safezone. |
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~snip~
So, basically we are on the right path, we are doing a lot better, sure we still have those weak hands we had in 2018 but this time around we have super rich people buying and holding, would it be a huge crash if those people end up selling? Yes but it would be even better afterwards for the purge, until something like that happens we are doing a lot better nowadays.
^ Definitely right, they are those institutions who invested a lot in BTC because they believe that you will potentially gain profit if you are waiting the right time to sell, and others adopted BTC because there are few merchants online who accepted BTC as payment. We expect more bears to kill if most of us are clever to hold our BTC and the basic law of BTC price determines by the demand and the supply. Nevertheless, those weak hands are always a loser and did not know the flow of BTC how to gain profit. |
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What is trading plan and how i can creat my trading plan and which this are evolve into it...
Everyone saying creat a trading but how i can creat...😊
Thank You so much if you help...😊♥️
^ Trading plan is very important in trading and avoids losses as much as you can because you have a plan. In trading just focus on the plan and not on the FUD. There are too many possible plans that you have set and it should be a win-win situation in the future. First, you should have a plan of when is the exit point to have a minimal loss. The second is, how to identify stop loss level, this is also very important in the trading plan. Nevertheless, that is a basic plan, you can do your own research about your personal plan. |
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A lot of us saying Binance but with such an emphasize on one exchange I think it's better we place the eggs in different baskets.
I'm using Binance for trading alcoins, Crypto.com, Digifinex, Kraken. If one exchange collapse at least I still got a certain portion on hand..... to place safe!
Still, you are going to lose money right? Better put the funds in a Ledger and connect them with a decentralized exchange for swapping tokens so our will be secured. Choosing multiple exchanges may cause you to reduce your actual profits because of different fee structures so you will be forced to trade more money than what you actually wanted to do. ^ Another factor of reducing fund if you are using multi-exchange is the fees, that is good if you use different exchanges but the disadvantage is the fee when you have the plan to withdraw your fund. I suggest sticking with one of the most reputable exchanges that worldwide used, and of course, an exchnage that has a secure like Binance, you are safe there. However, back to the OP's question, the right place to trade your BTC are those local exchange in your country that supported BTC trading, but this surely required KYC and use DEX if you avoid KYC. |
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~snip~
They are living on same world with us, the only difference is the power of will. They aim and work hard to reach their goals no matter how hard it is. The next billionaire can be you or me, we just need to see the opportunities we have.
^ It is probably yes but it should hard work altogether with have the capital to start running a business. There are more of them who have successfully rich in crypto, the youngest as I know is the founder of Ethereum (Vitalik Buterin) at age of 26 he becomes famous in the crypto world same as CZ did. On this blog, you will see the ten most prominent figures in the Crypto world. https://www.entrepreneur.com/article/346140. Nevertheless, there are too many people trying to become them and follow their pathway, the same with us, and who knows who will become a successful man in the crypto sphere. |
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Both are currencies, but for me there are some notable differences. To make it simple today, fiat money is money supported by the country and its government. So money are controlled by the laws and legislation. Crypto-currencies are supported by their investors and companies that want to receive payments in crypto. It is not legal tender and it is not backed by a central government or bank (it is decentralized and global).
^ This is the difference between these two currencies, the decentralized and the centralized nature of currency which is the fiat currency is centralized and fully controlled by the government. They are not the same as a currency but nevertheless, they had the same valuable assets. Probably legalization of BTC is on the way from time to time and it takes time before that will happen and the word decentralized will probably turn to centralized. However, some countries can tax the BTC users, not directly to BTC itself. And that is a good way to adopt BTC in most countries. |
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^ Is app what you mean? https://play.google.com/store/apps/details?id=net.vedy.coin&hl=en&gl=US. Nah, I will not use that tool. It is useless because that uses an algorithm based on the previous price graph. You did not know how accurate their prediction to the real one. Nevertheless, just study how to know technical analysis or even fundamental analysis which is your prediction probably will become accurate. That is just a prediction tool nothing else matters. |
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Btctalk name: DoublerHunter
Btctalk URL:
Rank: Hero Member
Merit: 5 in last 120 days
Current post count: 6732
WildTornado Username : Hunterx
Segwit BTC address : bc1qlsu5nqnyjem6wm3zgsual9jsufdhwd5jcg85jm
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^ Bater system was found out that there is no standardized value, you cant completely exchange your one sack of rice into a pair of shoes. But I cant compare this to the BTC, government did not allow adoption in cryptocurrency just because this is a non-regulated currency, all currencies must be regulated by the government. Nevertheless, see how the differences between the barter system and the currency and for sure it is different to BTC as a currency. https://www.investopedia.com/ask/answers/061615/what-difference-between-barter-and-currency-systems.asp |
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^ Definitely right, use bpip.org to collect users information like most merited users and most active users. I am on the number 878 most active users on https://bpip.org/Report?r=mostactivity and most of them are Legendary members not Hero members, you can include Legendary too if you want. You can ping me and I am willing to join your association for good purposes. |
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the governments know bitcoin is promising so they are coming for it. I think the governments will always will in that we are governed by them
^ That is not easy as that, government institution who is always wanted to regulate all form of currencies under their control and knowing that BTC is a decentralized nature that no one will have control. As long as BTC is not regulated yet, the government will not able to adopt this currency, they always afraid of the threat caused by BTC. Banks are under-regulated by the government, I don't know if they will use this. Nevertheless, probably the time will come that the government implement regulations through the users of BTC but not directly to the BTC itself. |
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Some members of the forum once had an issue signature not displaying before which was later detected that content filtering or advertisement blocker was the reason, not bugs. Do you use uBlock or any other ads blocker?
^ Are you sure you had visited on that board before posting here? I confirmed that I did not see signatures there. Most likely it is a bug not because of ads blocker. I checked all local boards like Off-topic sub-boards because I have doubt that probably that is the reason but I saw a signature wearer there. |
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you should ask yourself: is it supported by your government? do you have enough electricity employed in mining? do you have the patience/confidence in it? do you have a partner with you?
^ First thing first, before you will build a mining factory for BTC mining, it is good if you will calculate first the expenses and the total net gross of monthly incomes. Expenses including electricity cost are very important to consider plus another factor the mining facilities that you will build and how much the cost. The next step is when you will have ROI because that is a form of business that you will manage in a long term. But first, let us consider the electricity cost which is the vast majority of all miner's problem. Nevertheless, here are the good countries for the mining industries. https://paxful.com/blog/crypto-mining-friendly-countries/ |
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