If you see a trader that is not using stop loss, you should know it is a bigger risk already taken because the account is waiting to be blown off at a larger volatility wave depending on the account size. Whether spots trading or futures, using stop loss is advanced.  Most losses recorded is because of that reason, it takes a strong emotion to stop a losing market manually but if you have already set a stop loss, it will be easily understood as risk appetite taken for the trade.

Well despite whatever merit activities that you have noticed in the forum, merit selling or trading is not encouraged on the platform. You have to be dedicated and learn about the forum and its features including the different boards. There are boards that you can post in and likely get one or two merits that will encourage you because those boards have members who are merit source and are able to send merits out in different ways. You can read this thread and apply https://bitcointalk.org/index.php?topic=5412657.0

Very right. Money is good because to a far extent it can help you achieve many things that will bring you happiness including good health. If you have bad health, you can help you solve some bills to get you better and moreover if you have some health defects , that doesn't make you happy, you can go under the knives to correct such only if you have money. Yes the things money can do are numerous and so lack of it put many factors in discordant.

You can also borrow in spot trading which is more like use of leverage.


Yeah some of the things you said are correct and not totally taking out the things already said but is just to make it simpler. Like in this instance, is just for a lay man to understand that their is a kind of meeting point for drop off and collection which is in form of buying and selling but not physically.

I think your view is part of what I believe to be the effect of FOMC. This is not a btc or cryptocurrency regulatory agency but they are related to policy of government on currency which affects the interest rate. The outcome of such decision will not have direct effect to bitcoin because it is decentralized but it could have gradual effect based on the power of investors who could take investment decision based on the liquidity available on high or low interest rate. Such excesses or decrease is what may influence investment in crypto.

I do believe that some of us new traders here may be in misunderstanding of these type of trading when we here them, at least at a point I was thinking far in my own quiet time on what it is just like any other trader on terms confused on.

To understand these trading types is to look at the simple meaning of future (which means a time to come). So if we understand that simple meaning then we can explain it together in terms of trade to mean a trade to be carried out or executed in a time to come (future). So in such kind of trade, buyers and sellers agree on a trade to be carried out in a future usually a long time and commodities traded include public bonds, metals, fiat or crypto, agricultural products, animals and other other things to trade etc.

This is where spots trading comes in. Spots trading is a shorter version of futures trading. It involves short time immediate buying or selling of which it features of trading are scalping, day trading and swing.

A futures trade does not have over the night charge but that exist in spots trading as swap.

There are more features though but what do you have as opinion ?

This is the case when we trade loosely, without stop loss and guided by emotions and not reality. I have been in that also, either you are expecting a reversal to your entry point to get out which will not happen most of the time because of trading on wrong trend. After such experience, I have observed that most serious and heavy losses made is because of lack of stop loss, high level which is caused by high taste for profit. Having a trade on 10x leverage is not going to move in profit or loss will trade with 1x or 2x and that is a lesson I have learnt.

This is nothing new. It has been happening in the crypto investment world and nearly every active crypto investor has experienced it or will eventually experience it during the life time of crypto investment. This is expected to happen anytime the bull season happens, it can be called missed opportunity and yes I have experienced it. When you cash out in your investment early, that is just the same thing that happens if price keeps going north. It could be to your benefit also when you go out at the appropriate time. The cause of this is fear, fud and greed. It happened last year with different coins after bitcoin got to $64k, dogecoin and others picked ATH and now at ridiculous price.

I agree with this point because when you are having a profitable trade then it will build your confidence level. If you have failing trading system, the confidence is not there anymore. This is why at any time you begin to make profit, the confidence level increases. However, building a profitable system is a task that is very difficult to achieve.


How do you mean by this maybe you need to explain on this  Being disciplined IMO is not about having a profitable system because you can be loosing while being discipline as losing can also be temporary.

Traditionally the price of bitcoin a year before halving is usually bear but things are looking different this year or maybe this could be the effect of ATH that trippled the previous ATH in 2017. If to do a review on that we could say the price is still at a steady wave selling at $28/29k. However the situation at this time is not predictable and so estimating $40,000 for the end of the year is not realistic if to go with the dull market situation before halving which usually cause fear and panic.

This is no different and you can claim it is very correct. I watched the video and it is about changing of colour of negative and signaling an entry for the position trade you want to take. This kind of indicators are not guarantee because it still might fail and again it doesn't cover the speed of volatility that looks uncontrollable. Moreover, you still have to direct traders to telegram channel, I hope that is not the purpose afterall   

All businesses have come with scam and that should make every investment opportunity unique in its form. During the very early stages in the boom of buying investment in land and estate, scam is not excluded like people are made to pay for properties that at the end of the day, they won't be able to legally acquire it after cut cases but the scenario has really reduced as more people have tasted it and got wiser. Likewise in the case of cryptocurrency investment. There are different levels of scam in this industry, from telegram bump groups, meme and shit coins, bounty hunting exit groups etc, they are all experiences that we have seen and can talk about, all you do is move on and learn when it happens to you. Be wise and careful not to invest what money that you can't forego. The risk is there but reduce your appetite.

The story is informative and encouraging. People that have been supported by bitcoin doing initiative like this is really applauded. Bitcoin is an asset that can grow anyone who believes and invest in it. I have read few community initiative here including teaching the local people about bitcoin and blockchain technology, giving aids as little as it appears to them and more. Bitcoin is surely an opportunity for different people of the world if the government grants such freedom. The government is the limitation that bitcoin is facing but it is just a limitation, it can't be stopped.

How does this happen? I don't agree that bitcoin impoverish people, no it doesn't except if you want to multiply your unit or fraction by trading it. If you make a decision to trade your coins then it is not the fault of bitcoin but the trader that refuse to hodl only. Example if you are hodling 0.005 in btc, it will remain that value after bear market and can increase if the bull season come but it is riskier to trade it because you can lose all of it. Hodling bitcoin is not negative but trading it can be negative if you lose. 

There is nothing wrong to imagine. In fact it is good to imagine because it places you on the artificial stand you want based on what you are imagining and you need to work towards it to make the artificial become real, this is to the saying that faith without work is dead.



They all went through the puzzle you are going through before taking the step on their imagination. In the past, someone sold his bitcoin for pizza while some hodl back with the imagination that the price will improve and it became a reality that the price of bitcoin actually appreciated from less than a dollar to $64k. If you don't take a step on your imagination then it will only remain as imagination.

This is normal with new investors and probably you did the same  because you are trying to see how secured your money is in such investment. You can only feel safer with bitcoin investment if you have understood its technology and probably have witnessed a halving. Bitcoin critics like warren buffet and more will also have such fear when they invest in bitcoin 



Is more like an empty container makes the loudest noise because it is empty indeed. So those with huge bitcoin investment would hide themselves away from people so that you don't know they worth that high but usually people with low investment and income always want recognition. This is a circle of how it goes with finance.

What do you mean by the resources needed? The resources depends on what you mean but generally I think what this hypothesis is saying is that human beings naturally is made in a way that they will need so much to be comfortable and survive and because the buying power available (which is money) may not be always available to get all whatnot needed at a particular time and so they need to be scaled out in order of needs or preference. Therefore in this light I think as a human being even if you have all the wealth in the world to acquire the material needs you have, you can't purchase your emotions, mood and things that has to do with fulfilment, happiness or sadness , this is why another wise saying says a man can not finish all the things he set out to do in his life time until he diedbecause after achieving one another is in line to achieve etc I'm yet to see a rich person who has stopped making more money in his life time and this hypocrically explains the insatiable need of man.

I think maybe you are missing the two functions together. Simply, when traders are converting, they are either switching their coin to another coin and that goes with no charge like I know from binance. You can convert btc to Usdt or any other or the other way and you hodl the new converted coin in there but if you are transferring it out, you get charged fees depending on the charge. Spot trading is different from converting your coin.

You probably need to add these two

1. Don't keep your money in the bank for long : You know many people are still falling for the historical banking ideology of keeping money there to build some interest on it but know evidence have shown that banks rather deduct from customer account in the guise of service charge. The earlier view of fixing your money in the bank is now becoming a fallacy as the interest on it would be very small that you would be better circulating your money in a legit business.

2. Human capital development : Some times we undermine the power of helping the needing. Such sacrifices and favour done to other people are returned multiple times to us even when we don't know how it operate to save us from harm or danger.

All of these are good. They are like doing your DCA investment now. Truly sometimes the fees for sending out coins whether Ethereum or btc can be very high and annoying. You could require almost $10 in btc to move out coins from your wallet agreed but the high fee rate is not because of bull season, as it is now that the fees are high yet it is not bull season. The reason I think may be because of traffic of transactions at the moment and it is only natural that highest bidders are attended to. To have a lower transaction fee, it is better to make transactions at off pick period like late at night.


Like I have mentioned that it is not only during bull season that it happens. During 2017/18, fees get high and low based on traffic but it is really annoying to be stocked because you have less fees in your wallet to send out coins.