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OP, you're not alone. Literally, all of us missed the opportunity when Bitcoin was nothing. We never knew it was going to be something now. But are we going to keep complaining about missing out in that early stage? The answer is No. For me, I still see the opportunity to get Bitcoin. Is not yet at $60k. Been using Dual Investment on it. When the price goes down it will take on that. You know we need to plan ahead as well
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Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
The solution is better not to trade, in my personal opinion. You don't want to involve feelings or rather you also don't want to involve instinct in trading. But the fact is that crypto trading will always involve many factors, be it feelings or sudden decisions. Even knowledge is tested to find out how much the probability of profit is if TP. I support this. If possible, let him do the easy DCA everyone knows. Even if he won't be checking his laptop to check his chart, fine just use Dual Investment. It works like DCA but in an automatic format. Less high blood pressure, easy living |
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There are no experience mate  you lose as a beginner to become a stronger trader  so for everyone out there thinking of QUITTING QUITTING is not the option here just keep learning till you can say "Gone are those days " Haha, what a funny OP. But then not everyone really loose that much while learning how to trade. These days, what some newbies does is learn from elite traders they copy their trade from. It's like earning while you trade. It also doesn't mean those elite traders don't fail, they do but at as many losses incurred when trading by yourself for the first time |
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Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
I believe that no one is inherently 'bad' when it comes to trading; everyone chooses the approach that works best for them. Some prefer to trade independently, while others opt for 'copy trading,' where they follow the strategies of successful traders. Additionally, there are those who use trading bots to automate their strategies. Interestingly, if you observe the comments and experiences of traders, it becomes evident that each method can be successful in its own way. Moreover, within the realm of copy trading, there are advanced options, such as bot-assisted copy trading, available on certain exchanges. |
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Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.
Wait what? Are you suggesting taking risks like that? Just because you are investing what you can afford to lose doesn't mean you should lose all willingly. Every trade contains risks, NGL, but that's why we use risk management. This gives us the advantage to keep the loss to minimum and maximize our profits. But saying things like this and encouraging people to use high leverage is misleading. Full-On Portfolio:
For you, diversification might not be the key. Go all in on a project. With less money, you need to make a big impact. Going all in could be a life-changer.
Mate, are you ok? What kind of suggestions are you giving to people? Diversifying your portfolio is the nest thing you can do in crypto trading. The market is uncertain and unpredictable. Not to mention, most of the new project these days are most likely scam. You can not be sure which one is legit and which one is a scam. It is always recommended to do research and choose multiple assets. (I am against alts, so I only recommend Bitcoin) I was about to say this. "Diversification is mostly the key when you don't know what next to or how to do it." By the way, there are some exchanges if op or anyone uses it, has different products that can aid with that. Some persons are not always active enough to get the BTC at the particular price they want (me for instance) When I'm pretty occupied I just use Dual investment. Safe and easy. I don't need to start wasting money unnecessarily at this point, we don't need that. Quick money or big profits are not the way to go while learning trading or doing trading, even if you are a pro. Take it slow and learn it the way it is intended to learn. [/quote] Everyone needs to note this. I learnt it the hard way |
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There are alot of reasons people fear investing in Bitcoin especially in my locality. These reasons are numerous ranging from fear of losses , scams , security issues and lots more .I got to understand this by asking a couple of persons what they knew about Bitcoin and if they had any intention of investing sonner . about 98% of them had heard about Bitcoin but only about 10% really understood what Bitcoin was . Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
The others which had idea about Bitcoin I discovered were investors in the Bitcoin space.
This brought me into thinking how do we make people understand Bitcoin properly in order to prevent them from being scammed and end up disliking the crypto space. Is introducing them into Bitcoin talk enough ? If no what else more can we do easily to make them actually get the idea of Bitcoin.
There should be a summit once in a while about Bitcoin, I see some do this in their community at least even if they don't know what crypto is as a whole, they know that BTC is decentralised and can be easily transferred with no hassle |
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Banks are concerned that crypto could be used for illegal activities such as money laundering and terrorist financing.
This is false, it's not that easy to use crypto for illegal activity, do you think fiat can't be used for illegal activity? go search in google. Even you use a privacy coin, you still need to trust someone and it's sometime will expose your identity, receiving money through bank will make the sender know your real name. Banks can use crypto to improve efficiency and reduce costs. Yes. But since Bitcoin is decentralized, it shouldn't be associated with banks or any other third party intermediary. I agree with you. Illegal activities these days on crypto will be nearly impossible not now that exchanges are getting their users kyced. Even if you use Dex, the transaction could still be traced. I have a feeling that sooner or later, Dex might do same. |
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Crypto profits all the way. Not only will you profit, you do get some rewards maybe for participating in one challenge to another like the PnL trading and other possible tasks that judiciously would give you so much profit
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Haha, Yeah. I agree Bitcoin is profitable in the long run and market manipulations still stand. But we can also agree that all coins are profitable.
Let's say you buy a coin when it was low and then something maybe due to their community or whatever made the coin surge As you're holding you should know is profitable right?
Ok, what about those trading those other coins aside bitcoin? Isn't it profitable too? There are different ways to profit from every coin, is left for us to utilize and make good of use of it. Xrp is trending some are trading it while some are buying it for the next surge, even Blur and cyber
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For me, I would go into diversification. Let's say you wanna save $500 every month.
Give 400 to bitcoin and save it there
50 for buying and selling where possible. Because investment takes time and you need something to support it. Then,
The remaining 50 can go into events. There are cool events you can participate in exchanges kcgi and it likes the could earn. You
That's my take
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I read this news few days ago but what I'm not clear about is when this issue came to life, Pepe had a big rise. When money is stolen shouldn't cause a fall? Rather it rose like nothing was touched
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I agree Bitcoin is the main deal. Besides, it is what gave birth to the rest of the altcoins. But you've to agree with me that most of the altcoins are hot regardless of this bearish market and still stand a chance to get a hold. Talking about Xrp, when it comes to memecoins, I think Pepe still has a stand and people are trading it regardless.
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So, I don't want to waste anyone's time complaining about the indecisive movement in the market because we all see it.
In a nutshell, Bitcoin ETF news isn't just about Bitcoin. It also has an impact on other crypto coins. Two days ago when was checking my chart I noticed the massive shake-up of the entire crypto scene because of the SEC announcement of postponing seven proposed traded funds. Now, I just want to know how y'all do it this period. I know Diversification is a smart strategy, but it won't completely shield anyone from the waves created by big Bitcoin news. While some trade it anyway because why not? So, what else do y'all do? do you trade it or just keep watching the market movement?
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No way  The listing fees of the best exchanges are huge, so any project can be listed for money and it is not the best coin for that. Moreover one should not rush to invest after seeing the listing on a good exchange because the development of the project will be more dependent on an investor. There are many coins that get delisted from good exchanges because their volume decreases and investors decrease, the main reason being poor development progress. I don't think it is only good coins that are listed in good exchanges. What about PEPE? I don't mean it's a bad coin but looking at it as a meme coin shouldn't be listed on good exchanges right? But rather it is listed in almost all exchanges even with one of the exchanges organising a PNL competition. But I understand what you mean. You should also know that these exchanges don't know the future of this coin when they get them listed too. |
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As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht), FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I don't think exchange tokens are shitcoins though. First of all, you need to know what those exchanges do to make their coin unique. Do you know why Bnb has gone from $6 to where it is now? Even BGB if you've heard of it before. They always put up effort to make the coin unique. If not, they're just like other coins that rise and fall as usual but holding them in their designated exchanges makes a different |
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There are no experience mate you lose as a beginner to become a stronger trader so for everyone out there thinking of QUITTING QUITTING is not the option here just keep learning till you can say "Gone are those days " Definitely. In as much as I'm still at the stage of honing my strategy, I still believe that I'll make the most out of it someday. My friends and some of my family members are trying to talk me out of it but you see what this word "determination" means. Am determined in my trading journey. Even, exchanges are also making it easy bringing up with copy trading and with one topping the rest of the exchanges having a bot copy trading |
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Becoming a crypto influencer is often a challenging endeavor, requiring motivation, dedication, and diligence to build your brand. Often, you need a boost in the form of partnerships or to be part of a community to gain the necessary exposure to thrive.
However, a problem arises when it comes to finding the right community or program to partner with. This post is aimed at addressing that issue. Does anyone know of a program that could assist me in becoming KOL or someone with influence and doesn't have overly difficult requirements to fulfill? I'll be in the comment section
Being an influencer I think is not as easy as it looks even though it can still be done but not all can do it. Because looking at the conditions. besides the need for time, you need to have characteristics or powers or skills that are better than others so that it can be easier to become an influencer. in this case when the focus is on crypto you have to realize that there is actually no special program because I still feel that the ability is very supportive so that when you don't know anything about crypto and knowledge can still be said to be limited it won't be possible and actually I don't really like crypto influencers because seeing the current condition of influencers in crypto is only a mask to smooth out the initial plan such as giving directions for someone to follow himself to be in shitcoin with Dyor's frills even though it is for his own benefit. I see sense in what you're saying. What if the OP has every requirement? In as much as they're bad eggs influencers there, it doesn't mean others who love helping others should fall in line. I know quite a few good crypto enthusiasts that are yet to explore and help others but they're kind of limited because they aren't KOL or anything related. What if they're given the opportunity? |
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did Binance just announce they're finally jumping on the copy trading feature? I mean, kudos to them for catching up, but seriously? Copy trading wasn't a thing on Binance before this? I genuinely thought Binance had this feature ages ago.
Yeah, it's just that Binance uses 3rd party services that are integrated directly into your Binance account. If you want to use the feature, you must first move your futures funds to that service. Regarding the new futures feature you mean, I think Binance will launch their own and remove collaboration with 3rd party apps so you don't have to take funds out of your account anymore. Honestly I had no idea one couldn't directly use copy trading on Binance. I just did a little research now after your comment and confirmed for a fact that it was only accessible via 3rd party providers. I saw one of them; WunderTrading. I'm surprised. Still limited to futures markets only. A good good start tho. They'll have a long time to catch-up with the fore-runners in the spot markets. |
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One thing I have realised in Bitcoin is that when ever we see an opportunity to buy, just do it. Why should we ignore the king? That's the question I always ask myself. If Bitcoin should go lower than the price I bid few weeks ago, I'll still buy the new price low.
In fact, the strategy I use now, Dual Investment. I have been saying it because is very useful to me. Especially now that I don't really look at the market to where my next buy will be. I'd leave it to do its work and then till whenever the price goes up.
With this, I know I have accumulated as much as I can and benefit from the surge afterwards
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