I totally agree that it is not the best profitable thing to just buy and hold, after all there is more money to be made by volatility than stable income. However you are forgetting that not everyone can make that much money that quickly, they are not traders and that is why they could also lose a lot more money as well.
The difference between trying to make more profit with trading versus trying to make some money with long term holding is the simple fact that when you are holding you will eventually profit and that is the end of it, but when you are trading you could end up losing money. So, one has a potential to make a lot more profit, but also has a potential to lose money as well, while the other one has very little chance to lose money but also has huge chance to make little profit.
You lose money in trade more when you don't understand it. Hodling coin isn't the way to make profit as dump comes faster than you see  . Sometimes, you don't have the chance to log in before a drop hits your coin probably because a major dump has happened in another exchange. But trading is better because you set all your orders and wait, losses and profit are all ready. It is faster to make money with coin while trading it. |
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Whether fear or no fear, I see passion as important to whatever calling you want to succeed in. Trading is a serious business, handwork or profession, so you can't have less passion for it. Your passion in what you do keep helping out even fallen times, you are ready to continue trying different methods on the way to success.
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The fees could be high now because of demand and usage but it doesn't stop transaction depending on how hastened we are in our transaction. If you allow more sat for miners, it is picked faster than trying to tighten up fees, you stay longer. Btc transaction is getting busier now.
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I took a lot of courses to actually get to where i am ( Emphasis on the " LOT") It is not really about courses online or physically but the LOT. If the LOT you mean is actually meaning lot size, then that is important. The size of the lot determine how your balance can go dry. So what is needed is to have basic trading knowledge and apply a reasonable and lower lots not to be greedy and you continue being in the market. |
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You have to be patient with forex to really make money it is not going to be quick. I have never done crypto trading, maybe worth trying it.
Mate they are almost very the same thing if not entirely the same. Except that the real fundamental to push crypto is uncertain IMO but the platform is the same and technical too are the same. The names of the indicators too are the same. This means the patient too. |
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Does on https://www.proassetz.com not allow withdrawal? and yes it is true if the price is very far because in proassetz it only has a value of $0.000778 If it is a team decision then there is nothing that can be done by Bounty Hunter, they can only follow the rules made What kind of inhumane decision is that where people have given their commitment in expectation of reward in their own wallet address but the team changed rule to another crap exchange. This isn't a good decision to the hunters. How long would their reward be locked? They have worked for it, why don't the management allow them withdraw token to sell or hodl in popular exchange. If the price will drop, it means the project is not valuable. Other good project have witnessed hunters selling off but they are still on top. Bizpaye should list in high ranked exchange and not to be running in circle. |
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Op you have written or said the obvious as people now see it. This covid-19 is advancing cashless digital payment which cryptocurrency is part of. We are going to see more of people coming into the circle of trading bitcoin because of at least you can do such from smart phone and home.
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I think we are going to see price hitting $9,000 this coming week as a taste. Now selling at $9,116.08, it looks like the drop is going to have some little more time for a direction to be clear. I think next week might continue with some slow movement.
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I think that what will be in high demand now is going to be health products like facemask, medications and so I can invest with somebody too with that ideology, this is the time of medical sells as profit will be guaranteed.
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Satoshi again on his identity and bitcoin is all well. Covid-19 has come and taken lives just like many other disease have done and still doing, nothing is new. The identity of satoshi is not related to covid-19 because the issue satoshi has been a discuss and will continue after covid-19 is off. The creator of the most valuable cryptocurrency is looking unclear though .
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Btctalk name: Carter34
Rank: Member
Current post count: 1234
bustadice Name:
Wear appropriate signature: If approved
I'm going to update all if you take me in, Thanks.
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10 days? You can resist yourself to see the price increase? The better sell it now and buy some other high yield return assets in short term.
In bitcoin and crypto investment, its hard to tell whether the price will increase or decrease.
You are right, the price increase of bitcoin can not be determined by anybody. It is the interaction of price and availability of the product that will determine price. So people just make some speculation which will happen or not, just for the saying of it. |
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HODLing is the best possible strategy for the newbies,because they are keeping their coins in their own wallets and not relying on the mercy of some shady crypto trading platform,that might run away with their coins.
I fear for such too that time you don't have a trusted exchange, is risky. I like I buy my choice coin and then direct to my wallet. A wallet that I'm the one with the security. As for exchange address, you can even get hacked out and your coin gone. I'm cool with having my coin myself. |
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I understand your point of view about religion and how volatile it can be especially those that are not ascribed to Christianity. Religious wars and fight are more devastating than genocide or civil wars because it spreads easily to other countries with such religion. I hope that the world can be able to continue living with each other and avoid religious war.
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Life feels like a constant roller coaster of replacing one regret with another.
This kind of feeling leaves someone living in regret always. As far with this business, losses and missed opportunities will come but it depends on how we see it to move on |
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Although is an old post but it is nice to bring it back at this time that crypto just start rising in popularity because it is also part digital currency. It rise has been after the last halving of bitcoin which witnessed the highest volatility in few months and took bitcoin to a new ATH and after that, all media are broadcasting on crypto activities. It is just wise to invest into it at the moment before it goes on too high.
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I don't know what you actually want to gain from that anyway but with experience so far, we have seen altcoins bull when bitcoin is also on the bull. So most concern are of the view that bitcoin run is also a time altcoins are rising.
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Successful trading still depends on the choice of broker and Amarkets is really suitable for both beginners and professional traders because of its functionality.
A newbie duty is to ask and research about the broker they are about to sign up to. So if you sign up to a high leverage broker, I don't think is the brokers fault and also many brokers these days have different accounts that you can choose from. A newbie always fail because of inexperience. |
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Op, dreaming is not associated with riches if you don't put practice to be rich. You have to be physical and leave out the just dreaming. For the little boy, he didn't even dream, he had the zeal after getting the resources and his optimism got him the wealth. As such there are other resourceful altcoins capable to make another person wealthy if you believe and hodl them.
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Added to the OP:
Reading chart signals is an Art and not a Science. Looking at the fundamentals for BTC you could not get more Bullish than having the USA government creating Trillions in new fiat out of very thin air. People who are waiting now (for example) will probably still be waiting at ~$10,500 to see if the breakout is real this time, and later buying at a much higher price, right as the market is about to short-term crash.
Now the market has traders trained to sell in the area of $10K since it worked so many times before. We are due for a major plot twist.
That is only what I see fundamental to do, create expectation, speculation and fud around, making people who rely on fundamental to wait and fear to take an order decision while technical is there clearly showing direction. This is how people will fear to take a buy decision until another ATH will come, they buy at the high high when correction is already prepared to happen. Just like people who bought at $19k the last time and market reversed at $20k. |
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