Indeed, these are common mistakes of most traders. I focus in particular on the two errors, "Emotional Trading" and "Blindly Following Other Traders" because they negatively affect the trader greatly. Emotional trading causes you a lot of losses because it follows emotion and not technical analysis, as well as following others Blindly, especially the recommendation channels in the Telegram, can cause you a lot of losses.
And that's why basically majority of those currently in the trading industry don't do quite well for themselves. Many so called traders today are guilty of all or most of the highlighted mistakes in the OP most especially those you highlighted. Humans are becoming so lazy that we now prefer to get everything offered to you on our table instead of working towards those things ourselves. Many are willing to pay thousands of dollars if you'll be supplying them trades signal instead of using those funds to go learn how to interpret charts, studying TA and becoming a pro themselves. Just like with trade, same thing apply to investing, all over the web, we have those claiming to be professional investor and gem givers because they know their targeted audience are are available. They wouldnt exist on the first place if these kind of people doesnt really exist at all and as you had said that they will be popping out because they do have someone to target on. Being lazy or just simply do like on having simple work or doesnt really like for their hands to get wet on doing hard work is a common behavior or characteristics of some people when it comes to investment. They do just love to earn big money without doing much work which would really result into these kind of outcomes and later on they do realize that they are doing wrong and it shouldnt really be on that way. |
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<snip...>
This issue actually became huge especially in e-sports gambling where famous YouTubers are being sponsored by gambling websites to promote such. To give an example, in CSGO, these gambling websites sponsored YouTubers with funds provided by the owners. Unfortunately, it was alleged that these gambling websites faked and structured the video in a way that those YouTubers will experience winnings on their bets, but in fact, it was staged from the very beginning. With your concern OP, I personally think this could mislead people and give them false information. Even with the disclaimers posted, this is very misleading from the very beginning. I do hope that they do something about this as it may affect their image in the future. I've seen a few YouTubers that are being sponsored by certain betting sites and it's disturbing because I've noticed that most of the YouTubers are saying that the betting site they are promoting has the best odds on all betting sites which is false. The betting site I've seen most is 1xbet, unfortunately, they have a very bad reputation in this forum and all over the internet and this makes me think that those YouTubers who promoted it just want the sponsor money over their reputation. If ever their viewers got scammed by 1xbet, Their reputation could be tainted. They wouldnt care because they would just simply give out that kind of reasoning that it is gambling which does involve risk and thats it.It wont really be affecting that much when we do talk about reputation.I agree into what you have said that there are youtubers or influencers who doesnt really make out some research and claiming things which arent actually true. Advertisement or sponsorship is a bit common though in todays marketing strategy and methods because this is one of the most common ways on maximizing exposure. |
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Well you just missed the dip, it was only $53000 as lowest and nnow it starting to bounce back to $58k again, currently it's still $55.5k for each bitcoin. Just buy with small amount the dip until it recovered, if it's falling deeper , you can always buy again with small amount again
You're right. The dip is gone but not forever. I think you can still get into the following dip as for sure there will be another one. We have seen BTC fluctuate quite a lot but always bouncing off 53K so next time it closes in on this, if confident, buy the dip  Hardest situation when you are in torn between getting in or waiting a little bit.This had been always a problem of everybody when they do know that theyre already on an initial support which we do really ask out for for something deeper.Now that the price is clinging back again(55k) at the moment where it did really have some +$1000 price movement in a course of 24 hours. For those who had entered yesterday then they are making profits as of now but since the price isnt really moving that much then we do still have the tendency to touch down those supports. |
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Elon Musk's name is widely used when it comes to scams in the cryptocurrency community, with that amount of money I mean you should be ultra-careful before investing that money.
I mean when it comes to social media where scams are pretty much everywhere you should just triple-check everything checks the project, website, and everything, and even verifies it to others.
I think a lot of celebrities' account was also hacked in the past just and use in scams, a lot of people fall into this kind of scams which is actually believable because of the blue checkmark of twitter indicating that it is a legitimate account.
Many of the very popular names worldwide and not only in the crypto world are being used by these scammers. It's sad that there are newbies that are not aware of this scam. They should have set a rule that they won't be greedy and won't believe with such "giveaways" that they see eventually online. But there are people who cant really just able to control up their greed which would really result into these kind of circumstances because they do really believe on easy money. This had been a typical modus since in the past where social media accounts by those popular or influential people not only on crypto but in traditional markets been really target out. These hackers do know on who would be targeting out for them to be effectively scam out those people who do easily believe with easy profits. |
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1. Nano: $0 fees, 0.14 seconds for confirmation 2. Digibyte: $0.0005 fee, 5 minutes to confirm 3. Bitcoin SV: $0.00055 fee, 7 days to confirm. 4. XRP: $0.00078 fee, 4 seconds to confirm. 5. Bitcoin Cash: $0.0024 fee, 2.5 hours to confirm. 6. Stellar: $0.004 fee, 4 seconds to confirm. 7. Dash: $0.0043 fee, 15 minutes to confirm. 8. Litecoin: $0.041 fee, 30 minutes to confirm. 9. Monero: $0.0696 fee, 30 minutes to confirm. 10. Doge: $0.239 fee, 20 minutes to confirm. Some numbers arent accurate but you can tell the difference. Source: https://medium.com/nanocurrency/cryptocurrency-fee-comparison-which-crypto-has-the-lowest-fees-4e9118590e1fJust mentioned above ^ most of platforms now offering lots to choose from. |
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But i just create wallet for doge coin  Should i buy coin now? Depends on you! We do have different views when it comes to altcoins specially with Doge.Majority do see on how this coin been hyped by Elon.Right? Dont let yourself get caught on the peak but somehow you can really play up with the moving price.It is cheap but considering on the entire supply then its really easy to obtain tons of coins but of course this will always vary or differ with someones financial capacity. As long you are aware with the risk then go ahead, its your money and dont listen on what others been saying. |
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One of the problem hindering the progress of my trading is not selling at the appropriate zones at high I will always envisage that the price will continue to trend upward however on checking my trade the price would have corrected having reached a high earlier which would have earn me some profits.
I always tried to buy low which had been working well for me but greediness on my own part wouldn't allow me to take small profit I am working hard to correct it.
Controlling our emotions is really, not even you say yourself I gonna hold and wait for the ATH but later on, it twisted and make fall into thinking what if the dumps will come next, I miss again. No one gets perfect in trading, it was just a lucky day for us if we are able to sell our Bitcoin at high. Not all are committed to being patient, sometimes we got mad because of a wrong decision but it wasn't really that wrong, we just did our best and that only we can give, besides, we also have the profit already which good enough. Emotions would be the biggest factor that could really changed up someone when it comes to their decisions towards their investment.It can really be making a full u-turn anytime specially if we do able to see some situations where we do feel out that the market might possibly be crashing that hard.In result? Panic selling which would result into loss until the recovery comes and that time it will really be giving you out the feeling of regret. This cycle would continue and this is how the market moves.As soon you do progress or deal with this market the more experience you would get which would really be helpful for you to sustain in further trades. |
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~
I like to play in this casino. The only thing I miss a bit, is a cool crash game or limbo. Is there anything planned for the future? I doubt that they would make one and to think that CG did become famous out of those games that they do currently offer.I love the total overhaul that they made in the site. Why wouldnt try on other site for crash then stick to Bustabit for Limbo game then its on Stake or Wolf.bet. Sorry for the mentions. |
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I would rather taking up some loan and put it up on a real-life business than on putting it on a defi platforms which we dont even know on when they would be lasting out
but honestly, why would really be taking up some loan that urgently if you can really find out ways to accumulate coins if you wanted to? Dont think about APR passives because
you can eventually earn those more than with just simply holding.
On my part, i would really be avoiding any loans or some sort.
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I think I can, if I have 10 BTC which I keep in 5 - 10 years the price will be very high. If selling it when bitcoin reaches its highest price it will probably get me a lot of money, it can make my life and other people better than before, if I use it for good it will be able to make people around and I live better, that is it all depends on what kind of use it is.
But the question is on how you would get those 10 btc that you've been saying or making out some example? and this is where challenge do begins on where you do really do all sorts of things for you to earn bitcoin as much as you can because we do know on whats the potential of it when it comes to future. Bitcoin does really make persons life better but depends on how he do deal with it.It does need effort and investment for you to progress yourself just like on typical investments in real life. You do need time to do some work if you do just like to earn bitcoin without doing investment.Success would only comes next into those fellas who do really make out investment or do knows on how to manage their finances or investment. |
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Would like to know what is the best strategy when using the slots games. Or maybe some good number spreads on the dice game. Any and all advice or inputs are welcome. For I am new to the game in any advice is helpful thank you and good luck.
Better not to make believe to yourself that strategies that do make you rich or end up for you to be profitable does exist because knowing that Slots and Dice games are games that do heavily rely on luck even though you can still possibly earn profits or winnings depending on how lucky you are and how you do able to exit or stop when you are in greens. This isnt something a card type of game which does involved strategy that could really increase your odds of winnings. Pulling that slot lever or pushing that roll button doesnt really been influenced by any factors out there this is why strategy hunting is a never ending thing. People do always keep on looking for various of ways for them to believe that a certain strategy do actually works. |
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Safepal is getting popular no wonder many scammers are making clones to fool users to download the fake app I would recommend for users to download on the official website to get the official link to download the real app
Common modus with those hackers/scammers etc. in mimicking out those wallet and other services out there which is popular where they do know that they can really phish out some privatekeys to those people who had been fooled to believe that they are the legit ones.Thanks to this warning op where it do really help out to spread awareness but for sure there are people who get caught with this trap, this is why its always ideal to make verification first. Visiting the main website itself doesnt really cost an arm and leg for you to do so because if you do just purely rely with some instant google search then you would most likely ending up on this situation. |
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I think the dump situation is only for a few moment, see the price and you can all see that this year is a bitcoin year it is a year for crypto, because bitcoin really reach 60k$ which is really big enough compair to bitcoin price last bull run in year 2017 it is 2x higher than the last bull run so there is no need to worry because everything is running well just grab the opportunity if theres any for good.
Yeah, it did really go far off with 3x compared to that 2017 bull run which does really indicate that it can really go with heights with least expected and bitcoin or crypto market as a whole never fails to impress us. Talking about dump today and yesterday then treat those a typical movements because with those then we would really call it a market.We cant just see a market that would be having a continous rise. Therefore, the best thing to be done is to play up with those movements for your benefit or taking it as an advantage. |
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One of the best games i do love to play and just so like others been saying that this one is pure based luck game.No way for you to influenced the movement of that dropping ball
on where it should really be landing on.This is why when i do play this one then i do spam out that drop button and hoping that it could drop off into those big multipliers.
Just like dice game this kind of type is really entertaining too if you do really like to enjoy.
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your perception is very true trading only for people who are mentally strong and ready to lose. because in trading there is no such thing as instant profit, all must go through a process. So I think right now it's probably just a long way to go to see how it goes. now trading strategies must be done carefully and cannot be done by anyone without technical accuracy. it is like a money-making study but requires mental and mental strength
The process is continously changing and if you are aiming to survive with this business you needed to keep enhancing your knowledge, most of those who start with trading they are using demos to familiarize with how things works around exchange, knowing all the principles and fundamentals will enhance your chance. Would really be giving off changes because you are really learning from it rather than to be useless at all.Demo's are there for the sake of familiarizing specially on platforms usage or direction on how to deal with it because you wouldnt know on how to make use of it even just on how to put an order and thats really a difference. Overall, once you have take some knowledge on how things works then continue to learn not sticking with demo but on the actual trades that you do. Just make use of this one when you are trying out something like technicals where it is ideal to utilize this on this kind of way. |
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I would alter some which would be on this proportion. BTC 70% and 30% on ETH then hold those coins and buy on what price that you do decide to buy in. For Hardware wallets: -Ledger ( https://www.ledger.com) -Trezor ( https://trezor.io/) Choose which one fits for you. |
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Using a wired fiber optic internet connection does not guarantee you always have a stable internet connection because you will sometimes get the same experience as before. But yes, you do not get that experience often than you use a mobile internet connection. It is normal to have that experience because many people also have the same experience. I hope that we will have a stable and fast internet connection in the future, so we do not get a bad experience very often like now.
Connection via optical fiber in any case will be much more stable because the signal is transmitted in a closed environment by light waves, which are not affected by any electromagnetic fields and weather conditions. Unfortunately, the mobile Internet can not boast such indicators of noise immunity. I dont see any options when it comes to the best possible internet connection which isnt really on a data medium but rather on fibre optics which i can say that there is none better than on this one. It is indeed uninterruptable when it comes to external factors that could normally causes connection issues.I do have currently a fiber optic connection for 3 years already and i didnt really have any problems when it comes to connection speeds. Data in cellphone is much more different because it varies on location where we can really say that there are places which are dead spots. |
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I love these kind of topics, and here we are, at the end of the day, we are at 55k and didn't move, that was just one drop and we didn't dropped any longer. It doesn't matter if it drops to 45k today or tomorrow or a week from now, this topic itself is wrong, why? Because it said today and it failed already, from now on he can't dance around and say "I was wrong just 2 days" or whatever, that is still wrong, I can say "we will be 50k in a day" and if we see 50k in a year that would be still wrong. Long story short bears will try to do whatever they can to stay bear, but they are going to keep being wrong as well.
Remember all those people who sold in bunches during the last correction? Those people were afraid that bitcoin would go back under 10k, there were topics about bull run ending, there were people saying we are definitely going under 20k this time, what happened? We broke ATH in a week.
There are lots of people who do have this kind of behavior which i can say that it isnt really that surprising because due to very unpredictable characteristic of this market then you would really be having those kind of feelings and thoughts to be generated once you do saw some price decline specially when you are just noob into this place. Seeing 20% decline in price isnt something that you should really panic on yet there are even worst case scenario that it can drop way further than that which would really leave you in panic if you arent aware. People does have 2 sentiments from time to time its up into your experience on how to handle up things. |
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