Bitcoin Forum
July 01, 2024, 04:58:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 ... 232 »
301  Economy / Trading Discussion / Re: My spot Market trading stradegy what u think on: June 03, 2023, 08:43:41 PM
I think you seem to be careful and having a plan you believe in and that is good but you only mentioned about your selling plans to make profit. So how do you also make profit in the bull time. Do you leverage on the same strategy ?

However, trading high leverage or low leverage I think is also a risky strategy.
302  Economy / Trading Discussion / Re: Risk management on: June 02, 2023, 01:09:38 PM
When trading there are rules to observe in other to protect your margin, it's more like if you can't make more money, don't lose the one you have,
 

It is not only that you have to have the mentality of if you can't make more money, don't lose the one you have, but you have to ensure that while having losses that it is very minimal that it will be insignificant to your capital. Like if you are losing just $1 to $5 in an account of $250 then you are properly managing your trade but if you only want to retain your capital then you may not be taking proportional risk that can grow your account and you will be stagnant. Meanwhile setting a stop loss and take profit is the right direction for a good money management
303  Economy / Trading Discussion / Re: Advice for newbies on: June 02, 2023, 10:10:27 AM

Follow the rules of funds and wall Street sec and Fed and you Are good here.

Staying only on those may be the beginning of your confusion because most times the figures do not add up to what is going on in the market and you are going to be confused more if you don't know anything about technical analysis, money management etc. Trading cryptocurrency does not require reliance on government figures or agencies.
304  Economy / Trading Discussion / Re: Why is crypto trading so similar yet so different from Forex trading? on: June 01, 2023, 12:58:10 PM

Although the crypto and forex markets have the same operations in terms of fundamental and technical research, their perspectives on trading differ.


Not that much. If you can trade forex then you can trade crypto with same perspective of buy and sell but forex has better guide than cryptocurrency.


Cryptocurrency is risky and controlled by whales in the market; they have the ability to make coins pump and dump, whereas the forex market is controlled by countries.


Individual government also can manipulate their currency outlook and if you are a newbie trader you may keep losing your capital in forex trading.


I prefer trading forex over crypto since forex is permitted by the government, whereas crypto is not permissible and if detected, taxes or bank accounts are frozen, which is a risk I am unwilling to accept.

Cryptocurrency trade is permissible depending on the country you are trading from, if you are in a country where they have friendly atmosphere and space for crypto then you can freely have your way in your trade.
305  Economy / Speculation / Re: What are your bitcoin May/June price analysis? on: June 01, 2023, 11:22:58 AM
Nothing different that I think will happen in the month of June at least nothing significant. The month of May and June are the same thing in the history of bitcoin so we may still see that the price may almost stay how it ended in May or a little bit to $30k because of those DCA in expectation of a rise after the correction few months ago. Apart from that, strong hands will still hodl and I don't expect volatility at this month but things can still change.
306  Economy / Trading Discussion / Re: Online Trading Basics, what you need to know before getting srarted!! on: June 01, 2023, 10:09:58 AM

7.Monitoring and adjusting: Keep track of your open positions and monitor market trends. Be prepared to make adjustments to your trades if new information or market
    conditions warrant changes.


This is really good and profitable. Many times you can profit more when you are monitoring your trade by shifting your take profit as it is filled and your entry price alongside. That is why monitoring is good and using AL may not maximize this for you. Most times I avoid being in the market when I don't have the time for an interval checks on the running trade because there are decisions that you could take instantly if where were monitoring market and price movements.
307  Other / Beginners & Help / Re: If you need some menthor come to me on: May 31, 2023, 05:47:40 PM

once you learn all this your life Will a lot more easy


This is like saying your life will never be the same or your finance will never be the same whether positive or negative but you have to show your track records and how you have been successful on yourself, or you want to introduce someone to telegram? No pm please lol


My advice for you is try to avoid leverage  trading only trade If you know exacly what you doing rather use your knowledge to invest DCA buy the DIP specially ask me and i'll explain this method to you.


I however agree with this. Leverage trading is risky if you don't have the way to manage it. Yeah buy the dip and sell when price is high.
308  Economy / Trading Discussion / Re: Is Technical analysis a must know in crypto trading? on: May 31, 2023, 01:28:17 PM

Both can be combined and if we do that we can get better results, We can also copy other people's strategies if I'm not wrong for those people who don't want to learn technical analysis.

If you don't learn the strategy to trading then how can you know if you are copying the right trade or wrong trade? Copy trading is the reason some people assume trading to be the same thing as gambling because they only rely on the success of what they have copied from even unknown source instead of taking time to study and learn the market rudiment which is technical analysis. It is important that a trader learn that even though some rely on just fundamental but which ever way it better to have one of them as a trading strategy.
309  Other / Beginners & Help / Re: Receiving unwanted message fair warning to newbies. on: May 31, 2023, 12:46:59 PM
I have received those kinds of messages alot and likewise some users here. Such pms are usually from newbies account and mostly they are flagged by the forum. I don't really give myself headache when I see such, the simple advise is not to click on the link sent to you because if you do that means you are directed to other places and your details reviewed which could lead to hacking of your account. Stay away by just ignoring to read or respond to whatever was said on the PM. Some solicit for financial support especially from countries that are in warfare but it may not be necessarily those countries because human beings are known to taking advantage of situation that are bad and pitiable to draw sympathy to them.
310  Economy / Economics / Re: How we survive food shortages on: May 31, 2023, 11:03:26 AM
At least planting plants in the yard of the house can also be a good first step.

This is a good start to run away from food shortage. To use the little space we have around us in planting of food crops that can sustain the family. Food crops in the class of fruits and vegetables, tubers like yam, potato or grains can really help the family immediate feeding needs and not to always rely on government for such. Apart from planting in small quantity, the family can also preserve and economize their surplus food against the difficult times. It is also important for people not to waste food during the time of plenty, like during harvest season when you go into farms you will see much wasted products that would have been properly preserved for the time of scarcity.
311  Economy / Trading Discussion / Re: Failed DCA Strategy When Buying Bitcoin on: May 30, 2023, 03:25:49 PM

Might also not be an investor let alone a DCA investment. It may be a random person trying to use bitcoin transactions as a payment escape channel.


I looked at the transaction history and it doesn't look to me he is an investor who intends to DCA for hodling purpose, no he is not. I think this is not DCA strategy because we can see barely 24 hours interval for another transaction at which time btc may as well be at same price from the first transaction for interval of each.

What I think is that his action is suspicious and may be hidding some fund from an illegal transaction.
312  Bitcoin / Bitcoin Discussion / Re: Bitcoin is prohibited for use as payment on the island of Bali, Indonesia on: May 30, 2023, 11:49:08 AM

with rules like this, do you still want to go to bali?


If I have chosen to relax myself in Bali I will despite the restriction of not using bitcoin there  Traveling is for experience and to add to your knowledge and now if you happen to visit the place you can tell the story of the place and give confirmative narrative that they don't allow the use of bitcoin as a first hand witness or observer and not hearsay. So I will visit, I will exchange my fiat to their local currency and go on the trip for my pleasure after all I'm not part of the country but just a visitor that will leave.
313  Economy / Trading Discussion / Re: Im trader i only short check out my work on: May 30, 2023, 08:43:39 AM

Entry Short now time 19:56 London UK time.
IDUSDT ENTRY 0.51$-0.52$ price range
Target tp: 0.49$  
I use leverage 20x-30x


I didn't see you talk about stop loss.

Trading with this kind of high leverage is going to make you trade a high level volatility and that is very risky. However, one thing about it is you have high profit if it goes well but you also lose greatly. It is a choice but I doubt if it is a professional way that you have to take 20% risk on your trade.
314  Economy / Speculation / Re: Is the bull run near already? on: May 28, 2023, 09:14:36 PM

Only those who are brave, committed and confident win every time in the crypto world, cowards always lose and are haunted by regret.

Yeah the weak hands, they stay out to spread fud about bitcoin instead of seeking to understand the circle of bitcoin. Regret in investment opportunities when you are suppose to take a bite for yourself will only amount to sabotage and anguish. The opportunity is again close and only the committed and confident will take the chance to increase their portfolio for the ride to another ATH.
315  Other / Beginners & Help / Re: How i can manage my job and my Bitcoin Trading at the same time? on: May 28, 2023, 05:20:24 PM

Can someone guide me on how I manage my time and earn money from trading what is an effective way to start?

I don't think your friend told you the bitter stories of trading, he only told you of the sweet side of it on how possible you can make money, true you can make money but it is not easy. However, I think maybe you misplaced what you wanted to say regards to earning not trading but if you actually mean trading, then you can move your post to https://bitcointalk.org/index.php?board=8.0

Moreover nobody can guide you on how to manage your time because it is left for you to do based on circumstances of what you do and your work.
316  Economy / Trading Discussion / Re: Computer Vision Syndrome/Efficiency when Trading on: May 28, 2023, 02:42:25 PM
If you have challenges with your sight then see a health professional on it, this is simple. When it comes to the body and the organs, their efficiency is reduced by age and you need to understand this. Your age matters to how effective your eyes will be because at older age you can find it difficult reading through letters that are smaller and far from you and as you stay closer to the system while trading, it gets worsen. So you need to reduce the brightness of your computer and go to the eye doctor for prescription on eye glass that is appropriate for your eyes.
317  Other / Off-topic / Re: Am a christian,christ like then why are you still poor. on: May 27, 2023, 02:55:46 PM
If you’re a Christian who considers yourself Christ-like then wouldn’t it make sense for you to be poor? Just a tongue in cheek response I know, but not everyone values their life by the amount of wealth they are able to obtain. Especially in the church, where many people’s goal is to help others, not enrich themselves.

This is right in the Christian fold. A true believer of Christ wants to live like Christ like being meek and not commit all atrocities that politicians commit and embezzle common wealth and store for their families. A Christian wants to meet up with God in heaven and so they always concern themselves with salvation and not greed for money. Like the bible said the love of money is the route of evil. Riches come from God so if it comes to a Christian that will be fine and if it doesn't, fine also is the life of a true Christian.
318  Economy / Speculation / Re: What will happen to the bitcoin rate if the global economy collapses in 2023? on: May 27, 2023, 01:29:42 PM
If the war between Ukraine and Russia is the reason for the speculated collapse that your thread is on, I tell you that the war may continue like this and the economy will go on surviving because last year it was said that Russia was going to get down on their knees as the sanctions started coming in and today Russia is still heavily prosecuting the war. I think this is just a fud and bitcoin is not any pressure from the effect of fiat shortage or high interest rate or unemployment which are indicators to recession.
319  Economy / Trading Discussion / Re: Ultimate Scalping Indicator on: May 27, 2023, 12:01:31 PM
1 or 3 minutes time scalping is as dangerous as paying $1000 of of btc for a trading code that is not certain for the hype. A newbie account always do things like this and now Op is in depth, meaning in need to repay the debt with subscribers $1000 each. Op why not use your strategy to scalp the market as many times with the 60%-80% winning rate you are sure to repay your debt. IMO I believe the default indicators and when I lose then I try again.
320  Economy / Economics / Re: For whoever has, to him more will be given, and he will have abundance on: May 26, 2023, 07:33:19 PM
In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?


Is unfortunate that this things happen over the globe and different countries that government will help bigger conglomerate to continue existing and give little or no support to smaller companies like you have pointed out. This is like to refer to the saying that success has followership but failure doesn't, usually people want to associate themselves to success but do you know the real secret on why that happens? The big companies and their owners are friends to government, to people at the corridor of political powers. You will find more investors of such big companies from those in government, those powerful legislators. They are partners and will make policies that will make loan available to bigger conglomerate on whatever guise. So smaller companies have to struggle on their own with help of family members to survive.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 ... 232 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!