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When i began my trading, i really struggled a lot in the beginning and yes lost 40% of my investment in the beginning Then, yes learnt little by little and tried trading with less amount. Though the profit was less, it was smoothing and satisfying. Then yes, started with good investment. Getting enough returns from day trading.
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As long as you can accept the risk in the investment and you prepare for the worst thing that might happen, then you are good to go. But my advice is you don't need to use all of the money because that will too high-risk for you, and there is no guarantee if the investment will be staying for a long time. It's better to use the money which we can afford as other people say.
Right. Try with little investment if you are sure that the business is too risky. I would say, get an experience out of your first try. Learn and just get to know if the business may fit and earn you profits. When you are sure and confident on the business after learning its nooks and corns, get in with more investment. |
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Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
No rules and no limit on money. It depends on the experience. Trading is a good platform to earn. The main attitudes and characters needed are, patience, good decision making, analyzing and money as well. Hence invest as much as you can opt to. Analyze and choose the best coins which has more volumes and marketcap. They will certainly yield a good profit. |
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Hello everyone, I saw a new CFD trading platform for cryptocurrency. ( www.mavsecure.com) I met a guy in TG and he referred me. So, how safe is to trade in CFD platforms? Is it profitable ? Always when you look for best exchanges, dig further what they offer if one trades in their platform. Check out the coins listed out in the exchanges and the crowd coming in. New exchanges will always have kick start problem unless they have created a huge and successful market bit before they launch the exchange. We do have very few exchanges who have created too many offers in hand for the traders. |
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When we decide to play gambling, we must be prepared to accept all the risks that might occur. Defeat is something that is so likely to happen. In the gambling game nothing can be ascertained, everything can happen and we must be ready in accepting all the risks, ready mentally then we will get comfort.
Well said mate. Gambling outcome is normally uncertain and I always say it that gamers should be prepared for defeat at any points same with winnings. I don’t think there’s any gamer that does not know that gambling game is risky. I find it annoying when people start to grumble after loosing in the game. I can’t remember the number of times I’ve lost playing gambling but it doesn’t hurt me because I understand the game and I don’t commit so much into playing. Like you said, we must always be willing to accept the risk that comes with gambling As you say, yes i too have come across many say that gambling is too risky and we have people who feel after loosing in it. I too have lost a bit in gambling. I am a day trader as well. Comparing gambling and trading, i found trading to be the best. Still if you wish to get into gambling, yes try and learn. Your own experience will certainly enrich. |
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Im just curioused about this one. How do you people bet?
Is it low risk and low price or higher risk with a full jackpot price?
For me i prefer mix. Low bets with low price at first and i will change my strategy based on what ive got. If i win, i change to high risk high price. If not then i continue to that lowkey betting.
How about you?
I tried with less wager with less target multiplier. I did get the right return. Slowly i tried with little more wager and yes was bit exited to go with large target multiplier. Obviously yes, got lucky to get more profit only once, but yes then lost almost everything trying my luck. That was that time i tried to gamble. |
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Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.
Thank you
People who gambles well and earn a lot of profit are those people who wins big amount but not everytime so if they want to use that to their daily expenses plus gambling expenses, the fund will be impossible to last for a year depending on the amount. You should really find a job or n investment to rely on it. It depends on your experience in gambling i would say. Yes, if you are experienced and yes can get the game as yours, yes you will have money for daily expense. Hence choose where to through your play. Its on gambling or on trading or anything else to get some thing out to run your daily life. I would choose trading then gambling. |
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I have not yet. The reason behind would be, i did not spend into gambling then. I lost around $100. This is less and it may seem bit silly, but still this would be a loss as this was the first time i tried to gamble. Though i earned a bit in the beginning, i lost little by little. Hence, i focused on trading learning gambling side by side.
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That's good about you, and if possible just spare a little amount of bitcoin into gambling and you'll find the good in it than the usage of fiat into gambling. The top listed altcoins contributes a good market on gambling and for long term profiting. I prefer bitcoin for all my gambling needs, very rarely ethereum and Litecoin were used.
I used bitcoin into gambling and yes could not make a big profit as the amount spent was so little. Just watched friends playing with multiple crypto currencies but i feel, playing with bitcoin would certainly bring too much profits as well a heavy loss if it does not support you. |
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I understand the business tactics behind it. But how far its true the exchanges have set up the volume to that extend. I understand the competition behind each exchanges. This just covers the investors to their exchanges. But is that going to affect the market? I am bit confused about. I dont think this would affect the market growth of crypto currencies.
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Bull run can be expected in the month of June this year. The marketcap has already reached its max. I am sure the whales and vast investors would come out. The supply will be more and yes the value would certainly go up. Current growth trend is so healthy and so supportive to day traders.
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Fine. But the right is gone to invest in an ICO. 2017 has been an year for ICOs. When a token gets listed, the respective coin's value would keep growing. But this was not the situation in 2018. Every coin got listed, could not even reach their ICO prices. Hence, invest in exiting coins which will certainly yield profit. Current situation is good for a day trader.
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I would personally advice you invest the $1000 in coin ETH. What i would do is, buy minimum 7 to 8 ETH and go with day trade now. The value of ETH is travelling from $132 to $140. Spend minimum 4 hours on day trade getting in and out setting up a minimum profit. I am sure you would profit minimum $30 per day with 8 ETH.
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The volume has been unusually high for the past few weeks. Do you think wash trading with USDT is taking place? Any other thoughts of what's happening?
Even today the trend has been so good and yes the market is moving healthy when looking at the market of last two weeks The market volume of top coins have been so high in the best exchanges. Feel much happier when looking at it as a trader. Volume of each coin has increased. Hence, just choose the best coins with high volumes and trade in the best exchanges. |
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I personally feel that this is the right time to earn from day trading. Just look at the growth trend. The growth difference is less. Hence set your profit threshold to minimum and trade between the price travels through. Get in and out for minimum 4 hours a day with minimum 10 ETH for an example. This 10 ETH would certainly bring about minimum $20 per day.
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So right now, I go into trading, use my analysis to place my order and sell it immediately my analysis tells me to do so no matter how little the profit is and I have learnt to quickly take my eyes of it so that I don’t end up regretting my action when I eventually see how much I would have gained if I had not taken that step of selling it.
I do go with my analyzes as well. At times yes as you said, i decide to end up with little profits. This yes, seriously makes me satisfied the value goes down the moment i sell, but feel bit worse when the value goes up more. This was my learning. Since then, i just went about appreciating me for taking a decision on the right time even though the profit was less. Hence, be ready to accept the loss and start learning from it. Do not get away. Fight and become strong. |
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A week ago i've met a person, who's working on a new exchange. They've been developing it for a couple of yers now and, from his words, it seemed pretty cool. I can't say for sure whether i think it's a legit idea or not. So, Is it possible for a new exchange to make it to the top or is it already monopolized and new projects and busineses are doomed in the whole industry? I've been trading for a short period of time and i haven't noticed huge defferencies in exchanges
P.S. Name's Nominex if anyone is interested
EDIT:
As far as i know, they are launching soon and the only choice left is the tokenomics. I've given them my opinion, but i beilive that the uderstading lies on a lot of opinions of daily crypto users and traders, so i've decided to give it a shot and ask you guys. The token itself will be used to have a discount on fees and, maybe, something else
Here are the options that they have:
1. They are giving out tokens as a return from paying fees, the price of the token is set by the company and the price is changing (from low to high) with each distributing phase every 2 months and capping at 5 months. The token will be listed immediatly at the exchange.
2. Token is listed immidiately and users are getting tokens as a return from paying fees, but the amount is determined by the tokens market price. The amount of tokens may be limited per day (not for every single person, but for the whole exchange) and they are given out proportionally (like the EOS ico) to the trade volume. ( as i understand this, for example, you are trading there right after launch and since there're few users, your trade volume is 30% of the whole day trading volume on this exchange, so you get 30% of all tokens for that day). And they will just devide the whole amount of tokens by 365 and will be giving out tokens for a whole year.
What do you think about these options? Wich one sounds better or can be way better with addition of something\changes?
This sounds good and i would say a good move from the exchange offering such. I am sure this would be the exchange i have come across as well. The exchange i came across, has many more options to be brought to the traders. Fees would 40% less when their exchange is used to trade with any coin having their coin in the wallet, their coins can be bought with more currencies not like other best exchanges have and anyone can exchange any coin into their own fiats using their own ATM. These are the few options and they have more as well. The team is hoping that the exchange is going to be among the best by end of this year. |
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I can totally understand why "not trusting" is the default position but give me a break, you are RHavar, if I need to trust anyone, like gun to my head pick someone there is only 2 people in the whole casino world that I can trust with my eyes closed, stunna and you.
So, if you tell me everything is okay I would not get scared, if I am in a building that caught on fire and everywhere around me is in flames and you come up and tell me "don't worry everything is under control" I would sit back on my PC and continue gambling and not care about the flames knowing that you will take care of it. It is of course sad to see what happened in bustabit but this is casino world and sometimes those things happen, short term setback but long term profit for anyone who invest when others are out.
Have tried my luck and yes, have gained profits as well. The best casino site i played with. Seriously guts needed to take risk and play with lots of money not worrying of loosing it. |
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I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.
I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.
We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.
To be frank, i really lost 60% of my investment hoping on a coin newly launched. I spent time in analyzing the project and the team details. Waiting for few weeks watching the growth but at last i lost. The value drastically gone down on the next day i bought the coin. |
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Good evening, I want to hear your opinion about the crypto market lately. Has the market really improved? Then when is the right time to start a long-term investment? Thank you in advance.
Regards,
warrior.coins
Obviously yes. Recent days growth trend has been so healthy and can see more volume coming in. We either did not see a huge hike or huge fall. The value coins are travelling within a certain threshold which really supports the day trader to gain profits by getting in and out. Hope the current trend is appreciated. |
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