if you want to learn, then a book or video will be worth it, and even the videos on youtube already provide enough basic materials for trading. however, to make a profit, trading will be very different from when you were still learning. So, when you want to try to practice, use assets that are not so much, or minimize the funds you have. it can teach you a very valuable lesson. maybe you will get a loss from the initial trade, but you will understand how the real market trading system is. would be very lucky if you immediately understand and benefit from it.
practise with small balance beside could backtest our strategy it also could trained our mentalility when opening real transaction. learning in many source but not practising will have no impact to our real trade. by trade use real money we will know how our mental face it. with so many resources it should help us and make us faster understand to analisys chart correctly. There doesn't exist a real preparation for trading since with bigger money you get more emotionally evolved you get. The only right way is the one you said and then with time growing the money you are trading with so you know your limits with time. |
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Generally with airdrops you need to be really luck to get good ones. The last good one I remember is Uniswap airdrop. Airdrop are not something you should focus on in crypto. Only if some good option comes then it's okey.
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People need to understand that even if you know all this it doesn't mean you will be a good trader. So many more other things come into consideration also. People know to focus only on TA and keep losing money. So knowing TA is a must but not only that matters.
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I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
that is absolutely true, without government assistance it is impossible for FIAT to be replaced. and it is also impossible for the government to want its currency to be replaced by bitcoin. This is very unprofitable from the government side. even though bitcoin was finally legalized, the government would still prioritize their currency. this aims to keep Fiat first. It can't replace fiat for now and it doesn't have to. Cryptocurrencies' function these days is already enough since it provides convenience and faster transaction and great investment but fiat has been the traditional currency and people are still in the process of adopting the latest technology. Crypto is just good enough to support fiat but it doesn't have to replace it. I think it's necessary and one day it will replace it. The economic system we have and fiat money are bad and have so many bad stuff around them. Inflation at yearly rate since 1900 is like 6% on average yearly. So imagine what is the same amount of money worth then and now. We need other system and crypto is the way to go in near future. In like 10-20years we will have the fiat dying off. |
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In last couple of years I make crypto my only job so I spend crypto on regular basis. I use crypterium card to convert crypto to local currency so I can spend it. I would have so much money if I just hodl it but living is not cheap.
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With all things happening with Musk and Twitter I imagined the Doge will perform better. The spike we saw was not so big and I think it did pretty normal imagining the hype there is around buying Twitter.
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EOS is game over, their network has been forgotten. the only reason why eos is still around today is because of the help from its community. developers don't really like this network, they prefer to use ethereum, BSC, solana, or polygon. eos is out of place so I doubt there will be any surprises from this project in the future. good projects in the past, but now meaningless.
I didn't know that... I was planning to buy some since it looks like good investment when you look the graph but after hearing all of this about the project for sure will skip it. I know that it's old project and cause of that i had high hopes for it. |
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I'm more involved on solana NFTs. Usually I take a look at whitelisting on magiceden and follow how it goes. The one I missed last month is cats on crack I could have bought it for like 1.75sol now they are over 30sol. So follow magiceden and you can find there good stuff.
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The price of Bitcoin has now reached a point where nothing can be analyzed.Although the market has increased a little, after a day or two, the market is moving back to its previous position.Bitcoin prices have risen slightly due to some good news, but some have moved back to their previous positions due to bad news.Many people think that Bitcoin will exceed 100k dollars in 2022. But looking at the market conditions, it seems that the price of Bitcoin will go above $50k in 2022.
It’s not like we all know where we are really heading to, everyone is just trying to be positive with themselves and believe that the market will keep on increasing in value. of course it will do that, there is every possibility that the market will increase in value but one thing we don’t know for sure about it is when it is going to be. For long, a lot of people has been predicting that the market will reach 100K, and all that, but till now we haven’t really seen anything that would convince us that we are getting anywhere close to that soon. Anyways it’s not like I was really expecting that will happen this year, because I’m already satisfied with how far we have gotten currently, compared to the past. I think it's almost sure that BTC and crypto in general have a lot more place to grow. But the only question mark is when it will happen. And being trader and trying that to predict is a hard job since market always moves on their own will. |
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When investing in new project it's important to understand the risk of it and not going all in. Investing small amount is still good since new projects go x100 or x1000 if the do good and are serious. I think it's that simple.
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I can say this will be a welcomed development and also a good strategies behind the scheme knowing that M2E is a new business models but i don't know how its gonna be but seems to have the same impact as ICO, IDO, IEO or we call it the upgrade of P2E.
I looked at it and its same like P2E there isn't nothing new beside that you need to walk or run to get the reward. You still need to buy in app stuff so you can be able to earn. Investment isn't small to begin with so it's not yet for mass adoption. |
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I don't think there is any good right now. I use twitter for research them. If you know how twitter works and how their search option works you can find there ICO projects that are trending now or are mentioned a lot. I start from there.
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In fact panic investors come for a short period of time and when they get some profit they sell which results in a project going under water. But i think the community should be strong to keep this time moving so that they can be protected from panic sell. Also good projects don't miss it because they have trading skills so they can easily capture the value of the token in one place. However, at present the best currency for holding is the higher currency which has occupied the crypto market for a long time.
I think with time we are getting there. If you watch timelines from 2017 and now we can see that now people are holding longer and looking at crypto long term. Still there are new people not knowing anything and selling but for sure we are going in a right direction. |
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Hey guys.
First of all, i would like to thank all people here who are sharing informations and help other.
Secondly, i want to share my bad experience in crypto using future.
Before Starting in crypto, i have traded forex in 2016, starting with a capital of $ 500, i Lost it quickly then i have learned TA, after a few months, i came back and start again with $1k, Wich i turned into 5K in almost 15 days, but i Lost all again because I didn't respect rules and take more risk then i realized that forex isn't for me.
In the beginning of 2016 i started trading crypto but didn't know a lot of things about Blockchain, then lost again, because I didn't hold ( sold BTC and Ethereum at 2000, eth at 800 😂...
Since April 2021, when all people talk about crypto and when all is green 🍏 i started again in crypto but I didn't have a clear strategy because i have trading using the money that i barrow from the bank Wich i had to use to buy our house with my wife, then i Start to take money from the bank, 3k a week, then i traded spot but as i wanted to make profit quickly but that was the wrong...
Then i started trading future and after turning 5k into 11k I didn't take profit coz i was greedy lol
After I lost all the money i have Wich is +20 k, i was living in hard situation coz i didn't buy the house i had planned with my wife to buy and she was angry as she didn't understand all this, she think it's only like casino...
Now I'm paying the bank every month the money i have borrowed from them until 7 years ...
It was a good lesson for me that I won't never forget.
My advice for newbies :
PLEASE, DONT NEVER TRY FUTURE.
PLEASE, DONT NEVER USE THE MONEY THAT YOU NEED FOR YOUR LIVING.
PLEASE, DON'T NEVER TAKE The MONEY FROM THE BANK AND TARDE WITH IT.
At the end, i apologize if that's long, but i would just like to share this and i hope newbies like me take lesson from this.
Thank you guys.
This is a very hard experience you have to face. But, I am sure very valuable lessons were learnt. For me, I don't even want to learn how to trade futures. I don't know how it works and I don't care because I don't have any intention of trading it. Matter of fact, I detest it. It is a hard experience but it's the needed one when trading. Losing money it's part of the trader life. But always trade with money you are willing to lose. Doing stuff and losing money you need for living is really bad and hard situation to be in. |
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How to determine the trend for bitcoin?
Share tools or your opinion on determining the turn for bitcoin.
The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.
If it's about the trend, I'm into the news. Together with the chart, if there's a sudden increase. I'm quickly looking if there's any good reason for the pump and a news that's related to it. But if there's none. I'm waiting for a few hours until a news comes out. And if you're good in technical analysis, you'll just have to check and see if there's a pattern or trend that's being formed based on its chart. That's it. I think that is what is needed to be in position to be a good trader. At the end it's so simple, just be out there follow the news know TA and follow the trend. I think people overcomplicate it in general and made bad calls. |
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Does it need to be SOL vs LUNA why not both? If I had money t invest and I need to chose between those too I would put 60% in SOL and 40% in LUNA. I think that is right thing to do if we watch the market.
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I would put 25% in ETH other 25% in SOL and rest of money on other coins. ETH and SOL are like a safe option and the others are much smaller with bigger margin to grow.
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Fraudsters are scammers are using that platform to search for their target victims because they could keep their identity anonymous in Telegram so don't trust strangers there. I've joined lots of groups in telegram but still didn't get any help. It would be better if you'll ask for help from trading professionals on this forum.
Those only paid services with provided coaches will give a good advice thru telegram in trading. Though it will be a limited or close group. The rest public groups will just be a normal groups with many members of shillers that will just post their ideas to create some hype for their own good. Always make study first of the market but never rely on anyone even it is free or paid. Always remember that it’s your money you use in trading and decisions will be in you. Those are the good and bad things with telegram groups everyone is hyping their investment. For me the realest trading talk I had is with people on trading view chat. There is a crypto chat at the right side where people share ideas and for me it's best way to learn. |
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The price of Bitcoin has now reached a point where nothing can be analyzed.Although the market has increased a little, after a day or two, the market is moving back to its previous position.Bitcoin prices have risen slightly due to some good news, but some have moved back to their previous positions due to bad news.Many people think that Bitcoin will exceed 100k dollars in 2022. But looking at the market conditions, it seems that the price of Bitcoin will go above $50k in 2022.
The price is consolidating now and it looks like we are waiting for a catalyist for next move up or down. When I watch the price movement of crypto in general I watch for the market cap... Looking at market cap since beginning we see it rising in a certain pattern. So I expect the total market cap to be around 10trilion in next year or two. With that price of BTC will go over 100k. |
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I will share you my experience, the most reward giving bounty ty managers are "bounty detective" i am not advertising them just sharing my experience, i have almost earned more than 1000 dollars from their bounties, and in the start of first 4 months of this year, i already earned almost 200 dollars. ( If i got selected for signature which i cannot be than my reward will be doubled).
I have worked on other bounties too but none of them brings good projects but only some.
In the last few bounties managed by Bounty Detective most of the allocations will be paid using BUSD, thus providing guarantees to bounty participants for the certainty of the value paid without the influence of market movements, but the estimated BUSD allocation is paid in allocations and participant signature slots are limited. Yeah, i know about bounty detective management, still they are running a several campaigns where they will pay stable coins even those projects payment are escrowed by BD management. So i think there're no issue with payment, and i see they distributed on time. They accepted limited slots because of their allocation is low. Well when you look to join a bounty you don't go to the first one available you search and find one with good team. Bounty detective does good job since by accepting limited numbers they protect hunters and also the project from being dumped. |
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