If there is somehow a news or kind of announcement that the coin you are holding will be delisted in an exchange, you had to sell it right away to at least get back some of your invested money. But the thing is, if you didn't listened with the delisting issue, when you act upon greed and ignorance, you can not do anything about it. Just sit back and considered it as a dead coin.
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No need to copy the whole article. This is the easy way to understand it, BUY THE FEAR, SELL THE GREED.When you are able to read the volume and the chart as a trader, you will know how those trader goes the same way but as an experienced trader, you will not fall for it. Greed will just mess up everything together with fear and that was I proved so many times. When people face something new, there is always fear. You got it right. A fear is always associated with new changes especially when the market didn't go on with your way. I guess when you felt the fear, you are not too confident with your TA and with your knowledge. I sometimes doubt my TA but at the end of the day, it just proved me that i just got fear and my TA was still correct. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F9phmCT7%2FTrading-Psychology-Fear-And-Greed.jpg&t=664&c=amv7ZkufqkPruA) Got the image from this website and I can tell you it is very useful when you read the article from that site especially when emotions are building up in a trading.
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Please share your resources for learning to trade bitcoin on a daily basis: news feed, technical analysis, price action... Thx!
Try to research some basic tutorial videos on youtube promise it will help you to gain knowledge on how to start trading basically being a day trader is not easy you need a better analyzation before doing any moves just be careful.Im using tradingview to monitor the flow of altcoin in the market its also include indicators like rsi, macd and many more. Just like what this member told, I've also started with youtube video tutorials. Also, there are some terms that are vague for me which google and this forum provides me the meaning and helped me to step forward. There are some basic indicators that I tend to learn like MACD and RSI but later on as I learned depth, I use some technical analysis that I think will benefit me more. Here are some of my technical analysis that I am using. You can search what and how these indicators works. Been using tradingview in bitmex since I am a swing trader. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FHnPgntv%2FIMG-20190429-152313.jpg&t=664&c=jiU8kA2FZvXy3g)
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Actually, that is the safer and the best option a trader should do when you were stucked up and caught up with the bear market. Patiently holding will make you returned back what you have lose and make you a peace of mind that the bear trends will be over soon and bull trend will happen next. That's the basic scenario in crypto trading.
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First: Do not invest in any currency before studying it thoroughly and searching for it in depth
-A smart trader always DYOR and will not further buy a coin carelessly without studyig. This is oblivious and basic action of a typical trader. Second: you should always buy at the lowest possible price try to buy the currency when it decreases To the lowest levels and avoid buying on the rise or when it is at the top of the rise They may go down at any moment and dramatically
How can a normal trader will know if the price of corresponding altcoins is at the lowest possible value? Seems like they do not know the technical and fundamental analysis while an expert and experienced trader knew about this. Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return To rise again you must be very patient during trading There are times that we tend to fall for fuds and react with FOMO. But if we are using indicators and we trust our own TA, we can further avoid such panic. Anyway, thank you for the tips. Still, these are the tips that a starter in trading should read to at least avoid loses.
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Well I used to trade a lot like 2 months ago and I stopped because if you are looking to be a trader then your eye should never leave the price of the coins amd the market
At some point I agreed. But if you know how to set stop loss, you can still stay away from your monitor without further panicking what will gonna happen with your entry. Setting stop loss as a day trader is very significant especially when you are hesitant about your TA. It will prevent some loss and still gain profits.
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Seems like people like Goldman has been opened for new solutions in the economic issues. But, i was just thinking. If it is neccessarily to use bitcoin to solve such economic crisis, how will it can be of help if the price of btc immediately fluctuates? We are not talking about the technology given by btc, but OP emphasized the reasonable methods of installment using btc payments.
We all know that btc is volatile, thus can also be put into consideration. Don't get me wrong, but I was just thinking if it can be really an aid to one's economic situation if the price is not stable.
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do you think a trader have chance to win in binary options?
No doubt about that. There is a high possibilities of winning in binary options trading if we can just use some strategies and methods. Risk is always given. Therefore, we have to be aware of the consequences when we enter such trades especially in binary options that the guarantee would be unsure if you are not familiar and expert with price speculations. The profit can be easily earned, hence can also be easily vanished. You should also be careful in picking up a broker as there are many scam brokers in binary options.
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It could be necessary sometimes to just confirm your own predictions with the other's predictions, too. We have to accept the fact that we should be an independent in terms of speculating things, learning useful infos about blockchain technology and everything by ourselves But if you've ever heard about confirmatory actions, just to be sure when and how to react in such situations.
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Have you been make profit from crypto trading with 100x leverage? In my opinion no one can make profit with this too high number of leverage. Even professional trader only use maximum 25x leverage and they still difficult to earn profit. This number of leverage is good only for asset that has low fluctuacion, like forex.
I tried using 50x leverage before and I always liquidated. What more if we use 100x? The higher the Leverage the higher the chance to lose 100% in just short span of time. I've learned my lesson then, I used 10-15x leverage only. Long way to liquidate my entry and at least gaining small but enough profits for me.
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It makes sense. But still,there are already veterans in trading who had still time teaching some courses. Or they are the type of traders who are not a day trader. Instead, they are hence a margin trader who can still do some works at the same time for the sake of money. However, they wouldn't be sharing their secrets without a guarantee that they will get something in return. I also think that there give limits on what to teach to a particular trader or not.
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There is no guarantee if those 5 "unpopular" tokens will be rise on this year. Personally i only ever heard about waves, because there were some token which used this as their platform but the result was very dissapointed, those token only worth pennies.
That's right. We can not be so sure if those coins listed above will become profitable this year. If we will just rely on someone else's speculations, nothing will happen. We can not depend on something like this but we should be reading feedbacks and reviews. Aside from that, using some technical analysis and fundamental analysis will help us further to test and to know if it will rise this 2019.
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I do have strong beliefs that Binace will not be affected and will not closed down. Not even I imagined that they will become weak for any issues. They had a good reputation and that wasn't easily build. I guess, there will be a solution with that American customer issues that Binance will take care of.
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The last time I've read about it, someone already said, 'ETH is the next bitcoin'. After a while, when BCH went to the moon, they said the same thing. And now? BNB? Like before, bitcoin is still the king and though BNB showed some potentials, it will not gonna beat bitcoin.
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Correct me if I'm wrong but signature campaign participants were leave a negative trust on their profiles who were still wore yobit signature campaigns. I never tempted to join that Yobit campaign and l did the right decision. We shouldn't be promoting and easily join some 'just' signature campaigns that are not surely established and never had a good reputation.
I've been reading a lot of topics on reputation thread about Yobit signature and I don't think they will replace campaign manager or will just inhibit Yobit signature campaign here in the forum which I doubt.
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Today's bitcoin price is $5,400. And indicators seems pointing it to decreased it's price and will wake the small bears. Therefore, there is still some bear trends and dump situations before another bull run will happen. Expect another bull trend. I am not just so sure when it will gonna hit $6,000 and above.
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Obviously, not. McAfee has making it's way to again make a noise in crypto industry by claiming he knew who Satoshi Nakamoto is. But who'll gonna believe this guy? For we all know that he is just putting all the drama and just an attention seeker. The more he reads such news about him, the more he gets happy knowing that he is now the talk of the town.
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For some, yes. Using that 100x leverage with scalping can be successful and they gained profits for a small percentage but as for my personal experienced, I just liquidated because the higher the leverage the sooner the liquidation rate. And the risk is really high, too. After that experience, I do not want to try it again and risk my whole fund to lose.
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according to my graphic, its going to back 5270 to retest, then up to 6010.its not possible to brake 6k in first attempt so i think its going to stay between 5250-6000 for a while. i hope this scenerio will happen because alts going to breath and we really need that.
Been heard some of this from some websites. You sure had the same speculation, I guess. And that being said are happening right now. After breaking the $5600, seems it is now on a bear trying to go down at $5,200. I strongly believe that $6,000 is really near. Just a few recovery and corrections and another bull run will gonna happen.
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If there is exchanges that are closing like Coinnest, then there are a lot of room for crypto space to give a chance with the new exchanges. There is nothing wrong if they will create another exchanges. The thing is, they have to enhance their platform and their system for them to be able to compete with the other established and trusted exchanges. There's nothing wrong to give chance with the other new popping exchanges. As long as they will provided security and not to scam users, it is fine.
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