Daily trading is really difficult, you can not always be profitable when trading daily because this market is always moving unexpectedly. If you want to be profitable, you must have a lot of free time to follow this market, and in addition you must have a lot of trading experience to handle quickly. I have tried trading but to be honest it is too hard and takes too much time and mind. It is best to hold and wait for this market, You will have more free time and do other things
You're right. In order to make money on trading, it is necessary to devote a huge amount of time to this occupation, and refers to it as a full-fledged job. However, if you decide on this, then it is best to start with day trading, because in long-term trading you will gain experience very slowly. |
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Stop loss is one of the most useful tools in trading. Personally, I lost a significant amount of money just because I was standing in a business with a shoulder without stop loss.
Unfortunately, it is now especially difficult to choose the correct stop size due to the fact that market manipulators simply simply knock out the stops with certain actions.
However, even taking into account this factor, it is impossible not to use such a useful tool, because you will certainly lose more without using it.
Stop loss minimizes your risks and chances of making a mistake.
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Because the results of this year's bounty are decreasing, even many of the bounty hunters do not earning from bounties, do many of you who don't usually take part in the bounty gambling, now move to bounty gambling to remain earning from the bounty, because I saw in this forum bounty gambling still pay well and continue to live, bounty gambling is an alternative to earning from bounty.
And does anyone of you make income to become from the bounties gambling to fulfill your daily life?
If you are referring to signature campaign then I have to say that you or anyone should not use it as a main source of income. Although the amount you can earn is good enough but you should not rely on, dont even risk your real life job for any bounties in the online world. For me, any signature campaigns is just a bonus for being active in this forum. I do not even use it for daily life needs as most of the time I use what I earn from the bounties to gamble on the site that I promotes through the signature campaign If anything, it can be a good start I mean you may barely make ends meet with your real-life job, and that might not be going to change in the foreseeable future (say, you live is a really backward place or in a third-world country). Then, with a signature campaign's earnings, you can build some starting capital which you can use to bootstrap yourself and embark on a journey of your own choosing. Or you can just become a trader with that money (but your mileage may vary) You're right. Even a small income from signature companies expands your opportunities and gives you some choice of what to do with this earnings further. As you said, you can become a trader, or exchange bitcoin for something worse, for example, altcoins, you can also become a holder or buy coins with the possibility of stacking. In extreme cases, you can just go and buy some food, which is a lot of importance. Opportunities - this is what cryptocurrency is. |
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Bitcointalk Username: TrevorS Profile link: https://bitcointalk.org/index.php?action=profile;u=357351Current amount of posts (including this one): 984 Amount of merit EARNED in the last 120 days: ~118 SegWit BTC Address for Payouts bc1qt9g26elczud6yda0atx50vah70x2359rzelszw will wear signature and avartar if accepted |
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This is a cryptocurrency market, it is relatively free due to the fact that it is detailed. Any fool can create any coin on it, a wise guy can create his own scam ecosystem and deceive people.
It looks like a free market without regulation. If there were no scam, then regulators would not be needed, and yet they are now so stubbornly stepping on the heels of the crypto market.
Let's face it, Scam is bad, of course, however, as scam and the fraudulent schemes that people fall into, make us and the market develop.
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The main reason for everything that is happening now is the digital asset race, which, in my opinion, was asked by the USA and China. Many countries now, especially the most developed ones, are striving to move their national currency into a fully digital field. As we can see, these will be stable coins, fully centralized, linked to the national currency of a particular country.
Such a currency will have a much greater level of flexibility than its physical embodiment, which can help such a currency become very common in the global economy, in the global circulation of such digital assets. Let's see who is the first to cope with this task.
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It’s quite difficult to give advice without any data in front of you.
As the saying goes: what question is the answer. You can make mistakes in many aspects of trading, but judging because you wrote most likely you just don’t understand when you need to enter a trade and when to exit. For starters, I would advise you to buy a subscription to Trading View and watch what the best traders in the world listen to their analytics and look at their deals, specifically at the time of entry and exit. Learning from the example of professionals is always easier than yourself.
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This issue has been mentioned many times and this transaction is only suitable for lazy people. They are just waiting for the opportunity to buy coins cheaply, but they don't know that behind it is a whole bunch of sharks waiting to be eaten.
This is an unreliable way to trade. It is very risky and easy to lose money.
Why do you so categorically call these people lazy. I know the number of people who have earned their money by hard work, and later they don’t want to spend time studying trading, they are ready to give part of their money to get good signals. Indeed, in this way they save their time, which they spend on making money elsewhere.There are lazy people, it is obvious that they fall into the traps of scammers most often. But do not generalize so much, it is not ethical. |
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I believe it all depends on how gambling is a bad habit for you. If you just have fun then you will not have any difficulties with stopping gambling. However, if this is your addiction, then you will need a connection with your deepest values in order to consciously stop playing. For example, when you smoke, but know that you will die from it tomorrow, most likely you will stop smoking because your health in this case will be your value. With gambling the same thing.
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The longest time I waited for about a week was in a marginal deal with x5 leverage. I had to wait because the deal from the very beginning went in the wrong direction, and I could not afford to close it in the red. As a result, I had to.  This is perhaps the most unpleasant thing in transactions involving margin trading, sometimes you simply have no choice. BUT it’s obvious that I myself am to blame. |
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the essence of daily trading is to measure profits from the current chart session, unless you are not targeting daily earnings.
currently not so good for targets of 15% and above because bitcoin surges, with a 2% profit limit and stop loss still possible to find, or at least not too loss. Daily monitoring charts also require this kind of strategy.
Even with a very well-tuned stop loss system, you won’t have any guarantees that you will remain at least at zero. For day trading, you need to understand very clearly in what price corridor the coin will be traded in the next day and when there will be a transition by levels. This is extremely difficult. All day everything can go well, and then you lose everything you have earned for that day. It is imperative not to be greedy. |
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I'm so lucky because I never trust IDAX since they had scam one of my projects, CMA project, I remember when they got scammed by IDAX for 10 BTC! I also doubt about their IEO, seems abnormal, only in a few second/minutes SOLD OUT, remind me scam project EARNBITS Exchange. And now I find this news, I think only need a time till this exchange out and shutdown. So sad for all users if this situation really happened, hopefully you can withdraw your funds ASAP.. I heard this story. It seems then that the exchange managed to get out, citing the fact that they did not understand each other at the initial agreements. It seems that this was the first call talking about the reputation of the exchange. It will be very unpleasant if the rumors turn out to be true. I had no business with this exchange, but many people on this forum had. |
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From my own experience I can say that the profession of a gambler is one of the most difficult from a psychological point of view. Professional gamblers are not those people who do nothing and easily earn their money, they are those people who spend a day on the fly working to improve their game. Those people who spend many hours of session working out their strategies. This is an extremely resource-intensive activity for success in which it is necessary to make an effort no less than at the factory. Only these will be mental efforts. I have several friends of professional gamblers, not one of them considers their work a gift.
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My point of view is Investment is far better than savings because is 2 in 1. But it is also important where you are going invest like if people who are saving in banks start making investments in crypto or in just BITCOIN they have far better chances to increase their profits and accumulate their wealth. I wish one-day people will understand this
Investments are always risks. Your savings are in a static state until you have turned them into investments, but in this case you should understand that there is a risk of losing all your invested savings. That is why the main investment rule does not allow you to invest more than you are willing to lose. Alas, 90% of investors neglect this rule, which is probably why the remaining 10% are successful. |
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Perhaps of all the methods of earning cryptocurrency that you have listed, I like stacking the most, because I am a cryptocurrency trader and I understand roughly what income trading and its opposite side holding can bring. On this subject, there are many different studies that converge in about one thing. If we compare the income from trading and holding, then the income from the holding always wins, even if not by much, but wins.
This means that it makes no sense to spend time and resources on trading if you are not going to become the best of the best, but it makes sense to buy a cryptocurrency that you like and wait. But for the expectation to bring you additional income, it is necessary that this cryptocurrency has a stacking function.
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From my sad experience, I can say that Long positions are much more convenient both in terms of risks and in their enviable predictability compared to short positions, which are much larger.
Opening a long position is easier to track and suggest the onset of adjustment that allows you to set more accurate stop loss, and this directly leads to a decrease in your losses.
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