To be honest, I don't find the use of bots useful. It seems to me that there are more important and necessary things for work. For example, experience. For a trader, this is much more important. When I started working with a broker from Amarkets, I paid a lot of attention to working on a demo account.
Bots can work fine and can earn money but to do that you need to be trader and know what are you doing. Having some skills before using a bot is a must. I used a bot for testing half a year ago and it works but you need to know the limits and to have bigger amount of money to make it work.
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It seems to me that this option is not the best. When I worked with a broker from Amarkets, I always tried to achieve results myself. So the trader will have noticeably more experience and knowledge of work.
It isn't best for sure but it has a good side to it. If you are new to trading copy trading will help you learn a lot faster then learning alone and losing money in the process.
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I was not on this forum then, but I was well aware of the 2018 market crash which affected almost the entire cryptocurrency market. It was a devastating moment for most investors back then in 2018 staking was not so popular so not many coins were stocked in staking but a lot of heavy investors were holding large amounts of different coins which went from all-time to near zero within a couple of days.
Beside all that the level of understanding and investment in crypto has changed. I have a feeling people now know much more then in 2018. Staking in 2018 was kinda a new thing but know is something that most people of crypto know or use.
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I see it but it will take time to get there. I see total crypto market cap hitting 10$trilions and somewhere around that time ETH hitting 10k. With them telling that ETH 2.0 is not so close we wont see 10k this year for sure.
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More important here is how to use this tool correctly. It is important to understand that the most important aspect in the process of using this tool is profit.
From years experience stop loss is a must. And yeah I agree using it correctly is so important. It saved me so many times when market went hard down.
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ADA is one of the networks that support NFT networks which is the best option aside from BSC and Poly, It could be one of the big things in the next months or years to come since it is one of the best choices when it comes to playing NFT games with it or transacting using it has small payment like Matic Polygon. Users are preparing that features where they can save gas fees and maximized their profit with the help of low-cost transaction fees blockchain networks such as ADA.
I think the best thing that ADA has is the bridge where you can transfer NFTs or tokens, coins to ADA blockchain. That will be huge if they manage to make it work with ease. They have a monthly show and there you can see what they work and on what they are focusing.
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This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.
Honestly it depends are you long term or short term in crypto. If you are long term then it bear market is good chance to get some coins on discount. As metter of feeling it feels really bad but thats the nature of crypto.
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If Ethereum developers would have launched ETH in terms of technology similar like Bitcoin then it couldn't achieve this kind of success anyway I don't take these two as a competitor of each other nevertheless I think Ethereum blockchain has played an important role to make crypto industry more progressive which is absolutely a plus point
Yes it played a big role in crypto but it's time for eth to develop further now. We are expecting eth 2.0 which will bring us there I hope.
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Joining many bounties and learning lot of them. As exploring new and upcoming bounties it's really hard to consider one for big rewards. Is there any specific section who notify on top Priorities.
There is nothing like that so it just comes to luck. Try to find a team and bounty with good project so you can expect not to be scam rest from that is luck...
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ADA is still doing good, and from all coins they have the best base and most paperwork. It's true they are slow but I'm sure it will deliver in near future.
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I can give you a gem. NFTgaming stars is at start and they are o scammers since I know the team. I think it's good investment long term since they didn't start marketing yet.
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Currently we read many predictions that bitcoin will continue to decline in price, and if that happens then we can buy by waiting for the next price reaction, but if we believe in that prediction. but if not, I think we can buy by placing a small target, because if you look at bitcoin lately it seems to be moving in the same area, so caution is necessary and most importantly believe in personal analysis
Seeing Bitcoin price movements are still up and down and we never know how long this condition will last, it is very important to do the analysis yourself although it will also not be easy, most importantly follow the progress and consider many things before making a decision Well only 4% of all people in world are in crypto so we have so much more space to grow. We will see grow in years to come for sure.
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In the crypto space today everyone is now a developer, this is why we have tons of crap and shit projects in this space today, bounties on the other part are mostly scam projects, only 1 out of a hundred is worth promoting, do your own research if bounty is your thing and choose wisely.
Even though when there are many projects that have no results, but some of them I have gotten good projects but the pay is per week even though the results are not much but I am quite satisfied because I get results every week. I agree most of them don't end well but trust me they are still worth a try. Last year if I played smarted I would get more then 50k$ for one bounty, instead I sold it too early for 5k$.
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Investing short term is the best to if you just follow the market. When price start going up ride the wave and look where it brings you.
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Is anyone observing any new crypto projects? Do you really find it cool? Let me know
For me polygon, fantom and avax chains are the coolest projects now. Very cheap gas fee compared to eth and bsc, and there are lots of new projects to play with and interact with. But Im also looking on new ones that are simply launch or will be launch this year such as arbitrum or any new L1 projects. The one you said are good now and long term. But I didn't hear from arbitrum yet but I will keep my eye on it. Thanks for info.
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Finally shiba inu get listed on the Robinhood exchange soaring shiba price up to 0.00003$ a few hours ago, what do you think about this? Do you think this listing have opened another door for shiba inu to pump once again or nothing is going to happen for now.
If you see how much money is needed for shiba to rise price you can see that price won't go up too much in future since we are speaking about a lot of money.
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The errors I made in crypto is catching the falling knife or when it goes up a lot and going for short. I learned from those mistakes I hope soo.
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Metaverse is the future for world in general. That is maybe a bad thing since it will change the world we live in for sure.
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We don't need monopoly in crypto so having wider range is stable coins is good thing. If they are trusted I don't see a problem with having more of them.
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For short term I first look how the market moves and when we can expect market to move up I invest short term in some riskier projects.
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