Well, I believe that newbies must be on focus to gain knowledge first before doing anything like this trading. Probably they are eager to learn to trade for they believe that this helps them to improve their living, that be right, of course, but if this will be mismanaged big losses will also have come to them which is very common to newbies. 1. Position is the most important thing
2. Always set the profit/loss ratio above 1:1 (2:1, 3:1)
3. Always set stop loss below 10% of the account
4. Do not borrow, deposit too large (under 25X is safe)
5. Do not leave orders overnight
6. Adjust emotions when entering orders. If you lose, remove the other bets
And that they need to consider all of these tips and advice. This is not a simple tip that they will just ignore but this could help them to open their mindset in regards to having easy money in trading which is totally wrong. By simply following these tips, I'm for sure they could able appreciate trading more. |
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Only experienced and knowledgeable people can know the details about the market. Since you are new to this forum you should do technical analysis about the market. In order to do technical analysis, you need to do trading analysis on different exchanges. You need to bring various telegram group update news. Experience will teach OP to learn and understand the market in advance. There's no way it can be learned overnight. There will be lots of losses, stress, regret, disappointment, that OP will experience before being able to analyze the market in advance. OP just needs to move forward and continue working on learning. Practice makes perfect. When we are still noob we do really have those kind of thoughts that we could able to take grasp on things very well on a short time manner but when reality slaps you in the face then you would really realize on how reality works and you would do things accordingly.Well, its a very common thing we do have when we dont still have an idea on how this market works.You would presumpt into something which isnt really right at all.Practice do indeed makes perfect and dont rush on everything specially into this investment. That seems perfect... We shouldn't have to underestimate the market and we can't just live that presumption for this might be the reason to fail. More practice literally gains more experience and this could give us more idea and market information. And this couldn't happen instantly, a week, a month, or maybe a year of learning isn't enough nor we could see the real happening in the future. We can make use of our experience to make some TA and some insights but never does it says that we are predicting it right coz that always be impossible. |
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TA gives you an idea but counting on that idea alone is very very very dangerous.
TA is shaped by the fundamentals of the asset. It is not the other way around.
This is the reason, we are seeing considerable amount of traders come here to cry out about the failure of their technical analysis in the end. Because bitcoin market is influenced by many factors and not just technical analysis driven hence we need to take care of news and events so that we can exit at stop loss levels when our technical analysis is going wrong. I am also making use of technical analysis for my trading but I am just converting trading bitcoins into long term holding if my technical analysis is not helping me to crack profit for a day. Not just a few but most of the time a trader becomes a long-term holder, and what happens to you has also happened to the others( even me). It was decided to hold because the reality is that trading can't be good all the time. We feel much stress and difficulty in formulating TA's and besides, a thing that we can't rely upon nor it gives an accurate market direction. As long as the market is still unpredictable, that TA will also remain just a sort of speculation. We can make use of TA on our trade, even if we just holding but have to bear in mind that this can't be 100% effective. |
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Tron is very old coin, still belongs to top coin in crypto field. It is heavily used to reduce transaction fee and also for fast transactions.
It has many similar qualities that doge or ada has. Even i think it has everything to Achieve success like others do but it still low by its cost.
So what do you think about this coin. It could have better future like doge, ada? Or it will be disappeared with the flow of time?
No. it stays the same as what we see today. We can't ignore a huge competition in the future that could make Tron outperform and lose. Because if the team wanted to top their project, they have done it in its early days but never happen, and in fact, we can rarely hear that Tron has been a topic on social media. In regards to comparing Tron to Ada and Doge, I can't compare potential coin to meme coin like Doge, and that Ada project is also dying. So, I could say that Tron can never be like them, it has a purpose that could keep this project alive even it won't show a market hike. |
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I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.
I don't see how their market cap matters with the two BTC and ETH. Coz I believe that Bitcoin will become more valuable in the future more than what we see today. However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.
We can't compare today in the future, not even in the past. May we have seen that ETH is flipping much these days but not sure in the coming days or it has a twist and BTC might be in pump. Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
I invest in both of them coz I see and I know that they have market potentials. And I hold some of them coz I believe that they become more valuable someday and I guess, this is also the reason why many investors are spending more money with them. |
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How about the Lakers game, anyone here put their bet on the Lakers, they tanked again, can't believe they cannot avenge their previous loss.
I'm not surprised, they are overrated. Look, the Lakers could tie the game and bring it to OT, but it's Westbrook who took the last shot in the 3 point line which I think is not a good idea as Westbrook's 3 points percentage is awful. I don't know if it's designed for him, or maybe he just took the liberty to shoot trying to be a hero but failed. |
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Covid19 will be here forever and will become a normal disease. Don't tell me IATF will keeps on putting this restrictions forever too. They can also put a mandatory vaccined person as a requirement before anyone can watch live.
Yes, the virus could stay forever but it cannot be forever also that there's no cure to it. The situation is just temporary, big pharma will eventually produce a cure of the virus where you just need to take it to feel relieved from the fever, so this vaccine might be useless in the long run. I understand that not everyone gets their vaccine but please, the government should be fair, why not allow also people who do not have a vaccine yet to watch the game if they allowed the PBA to get an audience already. |
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The Lakers with another embarrassing loss tonight. OKC is tanking and they managed to beat them… Seeing the Lakers struggle against the worst teams in the league like this is a pretty bad sign. I’m not seeing any real improvement. I don’t understand why Dwight Howard is only getting a couple minutes a game either. It seems like they aren’t very concerned with winning at the moment.
That's 2 times a row, I knew it, they have not adjusted very well as they lose to a team that does not have a good standing. I know Lebron was out, but Davis and Westbrook, I think they can handle the OKC, but I was wrong, they lose again. |
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It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?
Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?
Of course, why not? Maybe next year or might be this year, nobody knows, right? Anyways, everyone is hopeful for such another achievement, I think. $70k, $80k, $90k, $100k are waving, as the market demand keeps on growing, we can't stop the price to keep moving high as well. I'm been absolutely getting hyped and encourage to invest more bitcoin and hold it as there is a bigger chance. Though it takes some while and I don't think we regret what of what we/I have done. |
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Bitcoin is empowering local communities a little bit around the world. Native American communities have been stripped from their land and are struggling hard to escape poverty. This time is Bitcoin who is helping the Navajo people. West Block a Canadian mining company requested the Navajo nation to allow them for energy for a Bitcoin mine on Navajo land back in 2017. The company is currently employing 2 workers but has grown and is looking to have its operations increased to have 11 workers which will be hired among the community. The company is not only generating wealth for the community but is also providing them jobs and financial inclusion. This is the true nature of the potential bitcoin has to give back the power to people. A lot of things that we can benefit from Bitcoin, not just for investment(profit), use as utility (payment option), but it also gives us job just like you have said. But honestly, not all in the local communities are benefiting from this. Although we can say that it gives a job to some of them, however, only just a few people and those who were not selected have received nothing. Well, at least, it gives something to the community. And I hope this could be seen by the government and think how this could improve the living of the people and also their economy. |
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I cant say that Tommy would definitely KO Jake, he will try, but honestly, is not a super boxer either. He is a British professional boxer and reality television star. Check out Tommy Fury's wiki page and check the record of his opponents. One got 102 losses in 115 fight, second with a record of 0-26, third 2-26, fourth 0-12, fifth 0-20, sixth 3-1, seventh - a debut. Tommy was fighting against punching bags all the time. He is more boys band than a real pro boxer  On the other hand, Jake Paul is not also a real pro boxer therefore a Knock Out win for Tommy is possible as he already did that several times on his opponents. And I think he's also a much more boxer to me compared to Jake Paul. While looking at Fury's past matches, try also to analyze Jake's previous fights. Not because those have horrible records, they are an easy win either for Tommy or Jake. Conclusion - they both bad. Jake who has not faced a real pro boxer yet. And Tommy, who has been boxing with sort of a cripples. Because I dont know how to explain why all of his opponents are in a huge series of losses. Some can say that they gain experience from these losses, but that is bs. What can you get from 26 losses? To stand up ? I've watched Tommy fight. His beloved tactics is throwing lots of punches when till his opponent goes in full defence and KO with liver punches. Non of his opponents tried to dodge punches, they go full defence like turtle and get in the liver. Expect same tactics vs Jake. So what do you think about this fight? Will Tommy be able to use that tactic here of Jake Paul will dodge his punches and play a good strategy against him? I believe that majority of the posters here believe that Tommy Fury will win because he has real boxing experience, so what's it gonna be? Anyway, I'd love to see the betting odds if it's out or even just a prediction of odds. |
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Any thoughts on the Bulls vs 76ers?
Both teams are doing pretty well, Bulls are surprising with 3-0 on the road and 6-1 ATS overall.
76ers, on the other hand, have a 3-1 home record, and I'm thinking if they'll win here they will likely cover the -2 spread.
What do you think, should I follow the hot Bulls or take the homecourt advantage for the 76ers?
Currently the Sixers are are leading, I mean they are leading the whole game so far and have gotten as big as 15 point lead. But the Bulls can't be count out, they keep coming back, Not sure if you have bet already, but Bulls is the underdog so maybe they can come back again just like they did against the Celtics. Tough luck for the Bulls, when they are about to close the gap, and if I'm not mistaken, even takes a one point lead, but suddenly the 76ers will come back and make a bunch of point to pull again. And that is the story up to the end, it's a winnable for Bulls, but they can't just make points when needed against the 76ers. 76ers remained to be a strong team even without Simmons, they still look like a playoff team and I liked it because they could be undervalued. What we saw is like a potential playoff match and that home-court advantage was huge, but if ever the Bulls will host the 76ers, I think the Bull will take their revenge and with my thought, I'm going to back them. |
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The question is can he sustain his wealth. Well, in my honest opinion he can. Lots of untapped resources are his targets so it could being him lots of more money. Space tour could be one if his SpaceX succeeded in their missions. Another thing is his global internet made also possible by his SpaceX. Aside from that, his boring company could also attribute some to his wealth soon once its fully operational.
He is real good mind person and doing some great things which will help him for staying on top for some long time because innovative mind peoples can change things very quickly for their own sack his few projects are unique like already mentioned if his SpaceX succeeded then surely he is going to be touch some more highs. His interest in crypto is also having good impact because he already had some good number of solid coins which are helping him and showing how strong is he because crypto holding at this level is just some very strong attitude, so he is holding this all. As he is mentioning he could be very positive in crypto even too many peoples don't like his style in crypto, but he is going to have some positive impact on this in future. It is a billionaire mindset, they will never lose any opportunity and take advantage of it, that is what he does to crypto and made him become the richest man on earth. Well, I guess he deserves that and he did it. For many interesting experiments and discoveries, he had and the team is working hard, they finally get what he deserves. It looks very interesting and possibly more inventions will come into his mind which it brings his name again on the top. This is a form of competition and in some cases, they use evil things in order to gain achievements. Well, I hope he did nothing and he won't plan it. |
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Thanks for the post atleast it will save lot's of people from been scammed, seriously scammers are really coming up with new strategies just to scam people of their money which is very bad so we have to be very careful most expecially people that are just joining cryptocurrency and they don't really know much about cryptocurrency make sure you follow all the scam threads on the forum to have knowledge about different pattern which scammers use to scam people so that you won't endup falling victim thanks once again.
Apparently, YES and it gives some tips for the newbies to avoid this thing but I don't know if they were able to read this or they just jump on the market without reading, without any knowledge about crypto as this is very common. And the fact that scammers will find a way on how to get someone to become their victim, I'm for sure that these newbies will still fall into their traps and get scammed. Well, maybe at least we are able to decrease newbies that have become their victims and are able to learn their previous experience especially in dealing with someone on the internet. |
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snipped...
anything could happen but in my opinion with a high trading volume it is very possible the price will continue to increase, today the price has reached 1 IDR and has lasted a few days after the price increase so it is very possible the price will continue to increase, I hope so because I bet big on this coin to be able to repeat success like the Doge coin, I strongly believe it will. A meme coin like Shiba Inu has its own potentials to attract its supporters and as its community continue to grow, its price will also be increasing in value. But if you aim that it could be better with dogecoin, don't expect too much. Yes, it really has chances to outperform dogecoin in the long run but just like how dogecoin falls its value when the hype is over, it will also be possible for Shiba Inu. Knowing their both meme coins, their future might also end up in the same way. Although not really sure, but to make it less risk, you can invest in Shiba Inu with the amount you can afford to lose. Probably most of us got surprised when this Shiba Inu project have that impressive pump after Dogecoin lost its value and hype. Yes, we might think of the same ending story for they are both meme coins but I think that this project looks different. They've got in huge hypes without any person influencing it like what shilling has done with Doge. And you are right, invest the amount that you can afford to lose but I don't think that was a smart idea at this time when the price is already on the highest level as it can be done and make us lose. |
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Just like when Shakur won against Herring, fans are being calling for a Valdez showdown. But Arum avoided that but instead Shakur and Valdez will have to fac a different fighter.
If they are under the same promotion, then most probably we will not see them fight soon. Bor Arum is probably the oldest promoter that is alive now, he knows how to play the game and he will make sure that his player will give him long term income, and because of that, it makes boxing boring as it puts money first before anything else instead of fighting the best boxer's then money will come next. |
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The rematch should happen as the fight is very close.
+1 here , the fight really amazing and the decision is tough to provide so i think rematch must take place and if Garaballo win then the decision fight must happen for finalization. I also like to see a rematch, though Sultan put Caraballo down many times but the win is not yet convincing and for some it could be a controversial fight. If Sultan is really good, then he should win via KO as he already fought Caraballo and he will do better next time. or.... an opposite thing might happen, what if Caraballo will find a way to adjust and instead will just use his advantage to box Sultan. |
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If you bought Bitcoin from the price of something around $30k and wanted to sell at $60k, you made double already your profit, and that is your profit.
The important thing is you have a targeted goal of profit when you will sell it, because you will never gain profit if you will never sell it at a high price, if you hold 1 Bitcoin it will always be 1 Bitcoin.
So my question is, how much profit do you want to gain?
Because here is the fact, Bitcoin isn't solely the purpose of gaining profit or because an asset, it's a digital currency which good for an alternative as a payment system.
This is what I've failed to do when BTC is still at $30k. I could have bought fractions of it and have made good profit when it touch down at least $60k, but I didn't. Each of us have our own target profits, but we have to be aware of the risks and volatility that BTC had from the past until now. Profit is profit no matter what, at least we would be happy to win rather than losing a lot. Sometimes we found regretting of missing some opportunities and blame ourselves back. I had to admit that this happens to me sometimes, it is quite normal for we don't know what will happen next. However, real investors will always analyze the market so well, they don't just look for tomorrow but in the future. Well, they have the money and they can afford to buy fractions of Bitcoins in every drop and hold it. But for use who have just limited resources, that seems a big challenge and we often miss opportunities. |
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Brownlee is my favorite import in the NBA, so this next conference, I will be putting my bet on the Ginebra San Miguel. I also hope that all the starters are healthy once again especially Thompson who is really good help on the defense of the team, he can limit Mikey Williams for sure.
Every time there's an import, Brownlee always makes Ginebra better, he already has good chemistry and he played with C. Stand before outside the PBA, so it's not a problem to blend with him. I have a feeling that the never-say-die will be relieved by the next conference as Ginebra is going to give a tough competition with JB playing as their import once again. |
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As the Nuggets went to a bad loss against the Grizzlies it reminded me to check about Jamal Murray. This is from October 12 news though. “Just five months ago, I couldn’t lift my leg off the bed,” Murray said recently. “So, I’ve come a long way. But even when I do certain things, I’ve got to remind myself that I can’t do it to the speed or the level that I want to do it. … That’s just going to come with time. And I can’t rush time.” “He’ll come back when he’s ready,” said Tim Connelly, the team’s president of basketball operations. “Not when we tell him, not a date on the calendar. Only he will know when he’s ready. And we’re at zero rush.” https://www.nba.com/news/nuggets-must-continue-to-soldier-on-without-injured-jamal-murrayThe truth about mental problems after injuries. It sucks to be in that position. That's true, we cannot expect that we will see the same Murray once he comes back as he might have healed his physical injury but mentally there's still some fear of getting reinjured and he might not be as aggressive as he was before. I hope that they will come back this season, it doesn't matter if after the regular season as long as he will be in the playoffs as Nuggets really needs his service. |
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