Hi I am new to the crypto industry and am still learning about crypto everyday, however I would like to know if there are any good crypto social trading platforms out there for me to copy the trades of experienced traders so that I can earn profits easily ? I am slowing learning more about trading and hope to be a good trader one day Cool
Beside etoro, i think there are some site like LMT (Let Me Trade) and Bingbon. We can do copy trading activity in there, and when i use it not get a problem with withdrawal. Also sometimes Bingbon held an event that can be joined by all of their users. But i think there are no guarantee you will keep profit because some of that big traders have more capital than us, when sometimes they can do a lot of orders and we can't follow it we can end with losses. |
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What's your choice? Ethereum or Binance Chain? Why did you select such cryptocurrency?
My choice is on Binance Chain. Honestly because of fees. About there are a lot of fake tokens or scam, since first we must know how to made ourself in a safe condition. Since in past even to open myetherwallet i type the website manually and all my exchanges and wallet, i put 2fa. And we must really suspicious if we get coin but not do anything with it, i never touch it btw. |
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I'm currently receiving some of my income in BTC, and I'm just holding it because I expect it will go up long term and so it is my savings.
But sometimes I'd like to be able to turn it into fiat for daily expenses. I can't yet pay my rent or buy my groceries with BTC (hopefully one day! but not today and not in the near future).
With banks in some countries blocking transactions from known exchanges is there a worry that one day it will become impractical to turn the BTC into fiat? Either just very hard to do, maybe street-corner-deals or at risk of getting your bank accounts frozen?
Do people think about this and have plans to work around these kinds of banking barriers? Or are there ways around it already but I'm not aware?
There are some local exchanges in my country, maybe if close one, the others still open. But what i'm afraid is when government made bitcoin in my county illegal and closed down all of them. Although that thing can really happen in very small chance, a lot of people maybe afraid if suddenly they can't convert bitcoin to fiat anymore because it is value of bitcoin itself. |
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Which altcoin has the greatest chance of emulating Dogecoin's current state, is there any chance that other altcoins could take advantage of this in the future?
I think if because of hype, we can't predict what coin that will picked by that influencers. But usually, bitcoin will also pumped too. If me maybe don't have clue about what coin to get hyped next but maybe will still stay on BNB, or Safepal since there are maybe they create new wallet holders event again, sometimes it is worth to joined though. |
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I am not say daytrading is bad but i'm not really into it. Sometimes i do future, but only in really small amount money like $10-$20. And for my main capital i do holding, usually really strong enough but mostly i sell before big pump because already happy to gain profit from in price what i bought, so both trading activity is good if you know how to maintain it.
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Bitcoin itself is what people knew first when they jump into crypto. And it is core of cryptocurrency when we can see almost all pair is started with BTC. I think with that 2, or maybe with bitcoin community which maybe created first and got a lot of users, and it means a lot of demands can cause it to be top 1 coin.
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It already happened to a lot of people, if me sometimes i use my capital and profit in future trading and get liquidated. But maybe that give me big lesson that dicipline in trading is really good to do, i mean saving my profit and only use my capital only although seeing good chance to get big profit. Because no one know when market suddenly moving againts us and made us lose.
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If to pay maybe something with small amount, and i still in that shop i think i will pay with fiat. But maybe for something worth the fee and overseas, like if the price is morely like a lot multiply of the fees maybe i can consider it because i don't have credit card or maybe wouldn't want to input my debit card in there. Or maybe if not bitcoin but change to other crypto with less fees and faster transaction.
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Maybe beside you research, there are a lot of website or video that not encrypted yet and can help you on your trading strategy. I think about technical analysis not only theory but we must follow it with practice. If you think your research will need much time, you can do trading too with technical analysis that you can study in some sites or maybe youtube.
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I don't think they can do that, because create new coin don't need regulation or make it legalize as long it is not to be a company. In my mind, government maybe only can do something to what is already registered as legal company to them. Like exchange, maybe like forcing people to do KYC, because exchange only follow regulation that come from government.
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Of course yes. Because being rich we should be ready for any condition. Making investment while we rich, we should be have spare money for living, urgent situation, saving, and a lot of things and then we save rest for investment. If someone like me, when there are urgent situation i think i will sell my assets no matter in what price it is because i don't have any other options.
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Maybe in past i already feel to have 1 bitcoin but i sell in cheap price. Honestly, for me no matter how much bitcoin that people have as long they are profit with it. Because bitcoin itself really can help people when other investment usually got offered with minimum investment, but in crypto and bitcoin itself, no matter how much we buy it as long it is on minimal rule in the market, we can buy it.
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Imagine you sleep and left open orders on, and when wake up you get liquidated  . I think most simple way to tell people why stop loss is very important feature. I think market already really kind to give us that feature so we're not trapped when something really bad happen with our trading activity. With that we can target or at least how much and in what price we still afford to lose and it not really destroying our assets especially our mental health. |
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Hello Guys! What do you think that etherum is best pick of 2021 or BNB is best for 2021?? Give your opinion I think that etherum is best choice of 2021.
Personal opinion i will pick on BNB. I think this year trend is a lot of tokens will use BNB and like ETH in past, BNB can be booming especially if there are a lot of tokens created with BSC network. But that is only personal opinion and honestly i still support both. |
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Hello Everyone.
I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?
I think better start step by step to do trading. If me personally will suggest to do spot trading first. At least we wouldn't get liquidated and can hold the coin if in a bad condition or in lose position. Because in spot trading, as long we not sell our coins yet, we not considered as lose and you can learn about analysis beside trading. |
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For some people who don't know deep about bitcoin, and in other side there are a lot of news that come from criminal which scam people with investment behind bitcoin. And that can cause why that people really hate about bitcoin, or maybe give us negative respond. In their mind bitcoin is investment scheme which can run with our money and then we will lose anything.
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i am new in crypto world and i don't know how can i get right signals on right time . i joined some paid group but they gave me some good and some bad signals too. then i learned about indicators and i used some indicators but some time it didn't work for me. i want to know that where am i making mistake and what should i do to get a handsome profit.
Sometimes paid signal group give suggestion whether in spot or future trading. Usually in trading they set TP or maybe stop loss. And that is what i only know because never joined paid grup signal. My capital even less than how much i must pay to them. |
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Short or long term trading is good as long it be done with right person. I don't want to say that this is bad or good because out there, a lot of people can be success from scalping and a lot of people success in investing. Both way will be good if we know anything that we need to know before do trading.
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I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
If already bought maybe hold until next year or end of year still can be worth. This is only speculation but bitcoin investment sometimes more worth if did in long term. If want to made short term investment there are a lot of altcoins that can be choose. |
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In my country, selling data is not something rare. Even we just bought cell number, we can get any SMS which offer something. It can be considered data breached too, especially in banks. Our name, address and etc can be sold to other companies and we can get any offer into our phone or anything else. For now bank i only used to save money only and BTC i only use to investment only. Not want to be anything believer as long i protect myself. And for bitcoin, when i think i get profit, i will sell my coins because i only use it as investment.
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