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Everything is possible on the crypto market, including increasing your deposit by 30 times, thanks to just one successful dealing. But it is very difficult to conduct public trading, having previously set a goal to increase your capital to 1 BTC. Therefore, I believe that this publicity will constrain you when making the right decision, which will negatively affect the result. Nevertheless, I will keep an eye on your marathon.
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Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?
If you are hesitant to invest in crypto that fluctuates in price, then you can choose a stable crypto to invest in. So the loss rate is smaller, but the profit rate is also very small compared to you investing in volatile crypto peppers. It makes no sense to invest in stablecoins, since their main task is to fix your profit and save the deposit. It is with such price drops that it is necessary to buy coins that are interesting to you in parts. For me, your statement remains incomprehensible that when investing in stablecoins, the level of losses is lower. |
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Debatable, that’s why 90% of active traders lose. If I ask you, and you honestly answered, what percentage of the people in this forum who would say that they consider themselves to be an “experienced active trader” are truly profitable in trading?
If we take into account the messages that are left on this forum, then 90% trade with leverage and make a profit at the same time)) I understand that traders are wishful thinking and thus trying to raise their authority in front of others. But still, I am sure that a trader cannot do without margin trading, at least when opening short orders. |
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I visit on the ShibaDoge website. It seems, you can use Uniswap to buy and sell ShibaDoge but I remind you that the gas fee will be bigger so you need to have enough ETH for the gas fee...
Considering the fact that the ShibeDoge coin is placed on the http exchange https://www.hotbit.io/exchange?symbol=SHIBDOGE_NUSD, you can buy it there. In this case, you will not have to pay high commissions in the Ethereum network on Uniswap. But I still have doubts about the correctness of choosing an OP coin for investment. |
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Arbitrage trading is very risky nowadays, especially if we’re talking about altcoins as well as it’s trading and withdraw transaction fees. I am usually using Newscrypto’s arbitrage tool with live prices for me to decide which coin or token is the best to arbitrage trading. However, despite that it saves me time from looking at the other sources in getting me accurate results for abritrage trading a specific cryptocurrency, there are no guarantees or promises that we could get the same result because these prices can change anytime rapidly without warning.
Very often, our calculations on the receipt of profits from arbitrage trading are crossed out by the unfair work of the exchange's employees. Thus, by the time your coins are withdrawn or credited, the price is no longer actual for making a deal. |
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...The market is the master and has a mind of its own. It does whatever it wants. No one, I repeat, no one can be wiser than the market. Any attempt to do that is like mere mortals equating themselves with the immortality of God.
You cannot reject the importance of a market maker for manipulating the price in the cryptocurrency market, since it is the big players who are the cause of the loss for the rest of the market participants. This problem can be partially solved only if the cryptocurrency market is regulated. |
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1. Absolute Hero of Good: satoshi
2. Golden Feather: yahoo62278, o_e_l_e_o, Abiky
3. Bitcointalk Ninja: LoyceV, TryNinja
4. Bitcoin Geek: philipma1957
5. Event of the Year: El Salvador
6. Fail of the Year: Elon Musk
7. Discovery of the Year: n0nce
8. Best SpamBuster: Ratimov, actmyname
9. Best ScamBuster: lovesmayfamilis, Bthd, nutildah
10. Craft Master: DdmrDdmr, Hhampuz
11. Antihero: 1xbit
12. Miss Bitcointalk: lovesmayfamilis, baeva
13. Best Moderator: hillariousandco, xandry
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...5) To proceed with the loan approval I had to provide my credentials to access the wallet where my bitcoins were deposited
6) Upon receiving the login credentials to my wallet, the equso criminals recovered the wallet via recovery words and immediately transferred the balance to another anonymous wallet.
...
I see that you are not new to the cryptocurrency market, so I cannot understand how such a mistake could have been made that you passed the seed phrase of your wallet to outsiders. After all, everyone knows that if you are asked for a seed phrase, it means that you are dealing with scammers. How did your communication happen? You are sure that you have communicated with Equiso employees? |
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...This sounds like a parody piece but as far as I know its 100% real. ..
Since when did Wikipedia editors become experts in the field of art to make such statements. How can they compare with the expert assessment of Christie's specialists, who inspire more confidence in their professionalism. Wikipedia, not the NFT industry, will suffer from this decision in the first place. |
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Of course, for now it is the right time to buy some potential altcoins to invest in the future, because now we will go through a bear market and I think it will be a long time to return to the highest increase as happened in 2021, but we also have to be careful in choosing coins, because not all coins that have large volumes will increase rapidly all need a boost.
There is no certainty that the bear market is over. And if this is true, then any purchase at the current price may turn into a loss in the near future. In this case, it would be the right decision to make purchases in parts, leaving most of your deposit in stablecoins for subsequent purchases in case of further price reduction. |
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Any trade with leverage leads to a complete collapse. There are practically no people capable of controlling their even mental state for a long time. This is constant stress. and a breakdown, eventually.
This statement will be true in relation to beginners who do not have experience and trading strategies with leverage. If you have learned how to trade on the spot market and have not lost your deposit, you can safely switch to margin trading, but at the same time you must comply with risk management. |
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Bitcoin and altcoins are said to rise and fall simultaneously. This is because bitcoin always take the lead and receives higher recognition compared to other coins. But in some cases, different scenario happens. Like if we are having a bull run, bitcoin price goes up, while altcoins fall down. But mostly, they all rise and fall together. And the current market situation is a perfect example for it as their prices go seemingly together.
With the rapid growth of the price of bitcoin, the price of altcoins in relation to BTC decreases, but at the same time it still increases in relation to the dollar. This is because capital is flowing from altcoins to BTC. But when the price of BTC falls, first of all investors sell altcoins, as they have high volatility. |
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more confident with tokens generated from bounty than airdrop that are currently widely available on social media..!!
what do you think about the current airdrop?...
Obviously, everyone has to go through this way of hunting for airdrop in order to finally realize that time has been wasted. But in any case, this is a good opportunity to start exploring the cryptocurrency. For the rest, the market provides more profitable ways to spend their time. |
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Hi, anyone currently doing inter exchange arbitrage profitably?
Instead of transferring tokens between exchanges, I was thinking of holding an amount on a few different exchanges....
It will be difficult for you to guess such a coin, which will have a difference in price on several exchanges. At the same time, you should take into account the fact that you will have to wait a long time for such a moment and at the same time your money will actually be frozen. |
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...The goal is to have the highest chance for getting my low bid order filled, especially because my order will be big (I think). ...
If you have doubts, in this case it would be the right decision to divide the deposit between these two exchanges by sending most of it to Kucoin. At the same time, place purchase orders in pairs to various stable coins, if there is such a choice. |
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...and what do you think about NFT?
Not everything posted on OpenSea is art. Anyone can make their own NFT now and place it on OpenSea, charging a disproportionate price for it. But we can say for sure that everything that is sold at Sotheby's is a work of art. Last year, Sotheby's has already sold several NFT at auction, worth several million dollars. So Sotheby's experts consider some NFT a work of art. Here is a link to one of these messages: https://twitter.com/Sothebys/status/1402996062474760193 |
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I've managed to make around $10,000 with the $1000 that I have and I think it's possible to make $1,000,000 out of $30,000 but you have to be careful with leverage and make sure you know how much you should use per trade as well as you know how to stop loss. It's possible to reach $1,000,000 with your $30,000 I can guarantee that.
It is much easier to increase your small deposit tenfold than to do the same, already with a large deposit. Moreover, it will be easier to lose the already earned 10 thousand in this case than to increase them, since in the process of earning you have already considered that you have reached the master level and can make a mistake in the future, which will entail the loss of the deposit. |
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It looks like the bulls have already returned, as the price from the local minimum of BTC has already risen by $5000. What will happen next with the price of bitcoin will be decided in the coming days, although it is possible that this growth is a corrective movement before the ongoing descent.
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Buying altcoins on the last dump is a risky activity, since if the decline continues, they will lose significantly more in price than bitcoin. Thus, the best and safest purchase at the moment will be bitcoin. But altcoins should be bought after the market reversal is confirmed. In this case, the price will be slightly higher than today's, but it will be a safer purchase.
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Expensive transactions on the Ethereum network are a consequence of scalability problems. And at the moment when this problem is solved, and it will be solved sooner or later, alternative blockchains will lose their advantage, and with it users, for whom only the cost of transactions was important.
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