Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature.
What I have observed is that as your salary increases so will your desires wants and needs increase. However if you maintain restraint on your desires and contentment with what you have you will discover that all that you need your salary can meet it. My own theory is that if my salary cannot afford what I want to buy then I do not need it. For example I do not need a new car if my old car is not broken or giving me any problems that requires daily maintenance. The reason you see people go buy new cars when they are old cars still functions perfectly is because they want to meet up with the trend. Also if that car is faulty and requires constant maintenance and you cannot meet up, if they drive to your office is not far you can sell your car and get a bicycle. You see that here it is not desires that is the problem. It's all about having the right mindset. What I believe is that if my monthly expenses are $30,000$ then i need to have an income sources that can cover these essential expenses. If my income sources can make 35000$ for me then the remaining 5000$ is the balance i have to spend on something of my hobby or desire. If it cost more than 5000$ to fulfill my hobby then i should be patience or think of something else. |
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The Israeli-Hamas war has sharpened focus on rising geopolitical risks for financial markets, as investors wait to see if the conflict draws in other countries with the potential to drive up oil prices further and deal a fresh blow to the world economy. Israel's Prime Minister Benjamin Netanyahu vowed on Sunday to "demolish Hamas" as his military prepared ground operations in Gaza to root out the militant group, whose deadly rampage through Israeli border towns stunned the nation. SourceIsrael and Hamas keeps fighting in the background for a long time and so Russia and Ukraine until now. Israel nor Hamas is not a major oil supplier of oil. Their tension too is not that massive since Israel is just dealing with the terrorist group that is now shielding against civilians. It’s a pretty one-sided war which is not that huge to create serious demand the world economy. Unless big country will join to a proxy war then it’s really a one hell of a war that will shake the global economy. You are right. I also think this war has little effect on the economy on a global scale. Even if some big players start a proxy war with each other in palestain there won't be much effect because they are not big exporters of any essential elements. The Russia-Ukraine war has massive effect on the global economy because Russia is a big player in the oil, mineral, and wheat export market. None of these are valid for israile and hamas wars. |
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If there are wars like what is happening now in Russia vs. Ukraine and Israel vs. Hamas, I don't think we crypto enthusiasts will be affected much by this, except for the people who believe in crypto who are in the country of war itself.
People like that opportunity, and our crypto assets should be stored well, not only in hardware wallets but for USBs or sny cold wallets. Physical things can be damaged, but not digital assets like Bitcoin. The economy can also be affected, but not the digital assets we have. The recovery of the country may take a long time when the war ends.
But if the economy is affected then our crypto assets will also be affected because the cryptocurrency market is also part of the world economy. If there were no war, inflation or crisis, I believe the market would develop better and we would be significantly more profitable than we are now. Is your cryptocurrency portfolio profitable or is it still losing value due to market declines? That is also the impact of the war on investors like us. It's not that simple. War can burn a country's resources and make the economy unstable. It will increase its GDP because heavy expenses from the war will bear the expenses. War, inflation or crisis of these have their own impact on the global economy. War causes damage and destruction, it also opens up new job opportunities for people in the military industry. Inflation is considered good if it stays low and stable because it encourages spending, investment and higher wages. |
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A lot of questions have no answers, but only a few have the right answers to 95% of some questions. Well, let me start with trust. Can you trust a person, either a friend, family or a relative, with 100% complete trust? Let me answer myself first? NO I can't. I can't trust anybody fully 100% anymore because I have seen some though cases. However, almost all of us here have a fiat bank account and some of us have what we call a personal identification number, which refers to an ATM pin that we use for withdrawal or sending funds out, so the question is a bit simple: WHO DO YOU TRUST WITH YOUR BANK ATM PIN? if you have a person that you fully trust with your ATM pin, can you also trust that same person with your seed phrase? Personal details like ATM pin, seed phrases should not be shared with others but that doesn't mean you can not trust anyone with such information. One of my friends had my ATM and its pin number. Even he was holding one of my friends cards for a long time. We have never faced any issue. I don't want to share my seed phrase with that same friend which is true but if i do somehow i will trust him to hold that account. If you don't have someone like him in your life thats your bad luck bro. |
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You need to learn how to trade yourself. Many of these people have no idea how to trade. Even look at all those copy traders with various exchanges like Bybit. Usually they are profitable for a few weeks, maybe a month and then boom they go bust along with anyone who follows them.
Those with TradingView are no different. They aren’t some Wall Street traders who post their best trades online and get nothing in return. They are just people who are posting for fun and get people to follow. However they are never profitable in the long run.
I have seen some copy traders are consistent performers. Their last few month's performance was amazing and their followers are massive. I don't think all of them are just bullshit, if they are then their career should have ended after one or two months. This is not the case for all of them. I agree with you that most of them are just a salesman but pro traders but some of them are really amazing. |
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1: invest in one coin also multiple coin
2: trading was at spot also futures
3.coin was buy from dip they again more dip
4.coin was sell from top they again go up
Kindly share your experience that I m doing a loss you are also a part of my problem so that I want to khow where I done mistake.
That was your bad luck that you started from a bear market. This is a usual scenario in a bear market the price keeps crashing. Your first point is right that we should not put all our eggs in one basket. We should diversify our portfolio but this should be done in a sideways market. If your investment was only in bitcoin and if you really invested in a regular interval like you have said then your average would be much lower than bitcoin's ATH. This could have been a good investment even if your investment would have been 50% down because bitcoin is an asset and most of the altcoin is just securities 99% time if an altcoin performs well in a bull market then it doesn't in the next one. |
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Most of the time it's not that profitable because there is no point in selling your BTC for an altcoin if that altcoin is not outperforming bitcoin. This scenario only happens for few months after BTC made new ATH in a bull run. In that case top altcoins rallied and outperformed bitcoin. This is the only time you can sell your BTC to buy altcoin otherwise most of the time either BTC and Altcoin follow the USD price and move sideways or altcoin falls against bitcoin.
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OP should add more details about his investment strategy and funding. You have said your group is going to invest 500$ worth of bitcoin for 4 years. You were referring to interday trade for the next 4 years with this same 500$ or you guys are going to invest 500$ in a regular interval? A small change in the scenario can change the whole strategy. But the initiative you guys have taken is good and helps you to improve your skills fast.
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Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?
Oil might be a great revenue stream at the moment for many oil exporting countries, but the high oil price is not going to stay like this forever. There will always be fluctuations in the oil price, which is why countries in the Middle East are looking for ways to diversify their countries away from oil. Tourism seems to be one sector many of the smaller countries like UAE or Dubai are focusing on, this attracts a lot of people from around the world and can bring in a lot of money if you can attract the rich tourist. One problem for the rich oil countries is that living standards are quite high, which means that transforming the country from oil to agriculture is not going to be easy. The wages of farmers are going to be lower than people working in the oil business, it's going to be hard to make people understand that they need to cutback and are going to earn less in the future. One way this could be solved would be with government subsidies, like many countries are doing with their food industries. The rich oil countries tend to have government wealth fund where all the oil money is being invested. With such large money reserves the government could boost the agriculture sector for a longtime and make them competitive and against countries with cheaper wages. The most important fact to consider is the expanded usecase of renewable energy. Due to high carbon emission from fossil fuel some countries is focusing their development and resources towards renewable energy sector. In some context renewable energy proved to be cheaper than fossil fuel and companies like tesla is promoting renewable energy from the past decade heavily. Oil exporter countries will lose a huge stream of revenue. |
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Gold and Bitcoin both are best for investment. But since I am involved in crypto world so if someone tells me which is best to hold then Bitcoin is best choice to hold for long term. But I don't mean to say that gold is a bad investment because gold is universally appreciated and is the best physical asset to hold. Here we have to remember one thing that Bitcoin is highly volatile than gold so before investing in bitcoin, if you invest in a long term strategy, I think it will be possible to earn more profit than gold.
You are preferring bitcoin over gold because of its volatility. You trust in the pattern that bitcoin follows in every cycle and you think this will continue forever. We should be careful when thinking like this because if bitcoin doesn't follow the same historical pattern then there is no one to blame. We all want bitcoin to follow its previous pattern but we should be careful not to be greedy. Diversify your investment in different assets and gold is one of the best along with bitcoin for diversification. |
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What do you mean you cannot find any apps for indicators? Have you tried the primary tool for traders that are using it? Like TradingView and such? If you are just out here trying to promote your app, you should post it in services with an announcement thread and then link it here so we can check. I hope you do well with this. If also, you are interested in a trading bot, you should try Gunbot. It's a tool that could let you trade 24/7. Pretty soon, there will be an excellent promo for the Christmas season. I have used another exchange that is bot heavy pionex. They have a nice UI and their liquidity comes from a few top centralized exchanges. I have used it without any KYC before but there is a limitation on fund withdrawals for non-users. I am not sure if they are using a mandatory KYC policy like most of the centralized exchanges or not. What I like about them is their user-friendly UI and all the bot has their own guide and some building strategy with them. |
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Experience always starts at losing that's why it's better for me to see newbies having a tough run while they progress.
I agree with your points of view. Mistakes improve a man's knowledge and experience. It is important to learn from your mistake and if you make the same mistake simultaneously then you are not concentrating. Every time a trader makes a mistake a short note about it should be taken so that he can improve his strategy by finding out the reason behind that bad trade. |
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The preference will be different from person to person. If you are good enough to do your own trading then you can earn by letting others copy your trading. But you are not good and don't have time to do that copy trading is for you. This can be highly risky, but if you can trust your trader, you are good to go. Although trading with your knowledge can help you improve it, if the only thing that matters for you is profit, stick with copy trading.
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Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!
Most of them are garbage i agree. They do it for fame and money. All of them are not bad and even some are quite resourceful. I know some youtuber who are not only analysis the chat but also do presentation of fact. These youtubers are highly resourceful. Sometimes they failed to predict the market behavior's accurately but their presentation of analysis and fact is enough to convince you they are right. |
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The only thing we can dealing with Emotion is by using great money management strategies. Humans can be emotional but if you have a money management strategy then it will keep you away from any emotional trade. Critical thinking and patience should be practiced if you are trading crypto. Another thing we should always keep in mind is anything can happen in crypto. So don't think something is impossible to happen in crypto. It will be best if you are more optimistic.
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There are many economic theories that believe that interest rates, no matter how low, are harmful to the economy, and therefore loans should be 1:1, and that there is no safe and secure way to generate money from money except through risk, such as trading, trading, and other methods, but given the world we are in and its nature. In the global economic system, this does not happen. We have a system based on interest and on creating money from money and printing more for prosperity, and the person who collects the assets remains the biggest winner.
The problem with paper cash is that there is no maximum cap on printing money. What government does is offer interest to their people so that they deposit their savings in the bank which keeps those funds out of circulation. This should increase the value but what happens is the opposite the government prints more money to pay interest when the interest should be paid from the profits government made from the loan they took from the bank. Paper cash based monetary system can keep an economy stable by manually increasing or decreasing the money supply but government has only interest in increasing it so money gradually loses its value over time. |
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Bottom line: Where's your heart? In tech or teaching? You choose, but in today's changing market, enthusiasm and creativity are vital. Next move?
Exactly, Someone should follow their heart. Everybody has their own interest and this can give them motivation to improve their abilities in that certain sector. Also we should keep in mind that everything is changing very fast. It seems times have become shorter and if we can not catch something earlier then we should consider missing the train. We need to be adaptive as well so that we can suit our abilities in this forever changing world. |
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So far Tradingview is still the number one reference in my opinion. Tradingview provides complete facilities as a website for economic analysis, stocks, forex, commodities, crypto and others. However, if OP wants to try another platform, perhaps OP can visit Investing.com https://www.investing.com/Hopefully OP gets what he is looking for. The problem with the trading view is that I think it's not totally free. I have seen some amazing indicators in trading view that have a real use case for any analysis of the chart but they are not free. I understand they are not developed by trading view so it is not up to them to remove those paid subscription but if they can do that this would be great for many traders. They would have used trading view instead of their exchange chart because of the wide range of free indicators that they could access there. |
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Many people believe that farming is their future success. I live in a city which of course is very difficult to get land for farming, I use pots to grow some vegetables, chilies, and others, the more difficult the agricultural land, of course, makes the price of agricultural commodities more expensive so that a country that still has a lot of agricultural land will become a country that prosperous.
Do you know what the driving force of a city is? Its villages are where farmers grow crops. The city is for administration and industrial purposes while the countryside is to feed the city. Both are equality important so if a country doesn't have enough land to grow crops then they need to import them from outside. This makes a country week to others. Only agriculral based countries can't do infrastructural development because they can not generate enough revenue for the farmers and the government. So there should be a balance between them. |
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Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature.
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