Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
You are absolutely right, one of the important rules in testing is not to rush. Many beginners ignore the main rules of investing and lose all their funds very quickly. They just want to quickly get the maximum profit, but as practice shows, this strategy is deceptive and does not bring anything good. If you are a beginner and would like to start investing in cryptocurrencies and be successful, then you need a strategy, but it must include deliberate actions, for example, do not invest everything in one asset, carefully study the asset of your choice and then only invest. I can also add from personal experience that one of the important factors is the task of getting the first profit, albeit not a big one, this motivates and gives confidence that you are doing everything right. |
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India Exploring Commercial Uses for Central Bank Digital Currency (CBDC) Says Finance Master! The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to be issued by 2023. India’s Finance Minister on RBI-Backed Digital Currency Indian Finance Minister Nirmala Sitharaman talked about the country’s central bank digital currency (CBDC), the digital rupee, this week at a business roundtable on “Investing in India’s Digital Revolution” in San Francisco. The event was organized by the Federation of Indian Chambers of Commerce & Industry (FICCI), a non-governmental trade association and advocacy group based in India. It was hosted by the U.S.-India Strategic Partnership Forum (USISPF). More Info: https://news.bitcoin.com/india-exploring-commercial-uses-for-central-bank-digital-currency-says-finance-minister/What do you think about the comments by India’s finance minister? As I see the creation, launch and use of CBDC is increasingly being discussed in the media, as well as more and more large countries are declaring this. Of course, this is a very good signal for the entire digital industry, while it is important to note that India plans to launch a digital rupee as early as 2023, which means that very soon we can witness the launch of a new digital financial system. All this opens up many new opportunities for the development of many industries. Personally, I think that the comments from India are a signal that all of the above will definitely be launched and will work. For us, this will be a transition to a new era of opportunities and, God forbid, new successful development throughout the world. |
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You will agree Elon has really inspired many people to bitcoin his pro or against bitcoin tweet directly reflect the red and green candles on bitcoin charts.
With owning this huge platform of Twitter he can either break it or make it. I think.
Let if adopts "doge" as some kind of default crypto currency for Twitter it will be huge move and might effect bitcoin bigtime.
Or let say if come to sense and realizes the truth and embrace bitcoin I can't imagine how huge the green candle will be.
Of course, Elon Musk has influence on the crypto market and he has already shown this more than once. As for future events, at the moment we can only assume what can happen at one time or another, however, for Elon Musk, with the purchase of Twitter, a window of opportunity opens up, including he can significantly affect the price of BTC at the expense of Twitter users. Now it looks like a super opportunity, but whether he wants to do it or not, we do not know. We can only observe the development of events and wait. |
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Binance, the world's leading crypto currency exchange company that was birthed in 2017 has fast gained credence since it's inception. BNB founder, Changpeng Zhao who created high frequency trading software has looked to spread his crypto inventions into the sports industry and have partnered with the Italian outfit, S.S Lazio. Lazio are thrilled to have this partnership as they stand to earn big from the deal as it will rake in a whooping $35 million and is expected to run for at least two years. This deal also will help to boost the Lazio coin market value which is at $7.67 and their capitalization. As a result of this merger, should we expect a price hike? https://www.forbes.com/sites/danieleproch/2021/10/14/serie-a-club-ss-lazio-strikes-35-million-sponsorship-deal-with-crypto-exchange-binance/?sh=1ee9462b24c3 As practice shows, each major partnership agreement has a positive effect on the development of a particular platform. I believe that the Binance platform is no exception and may well benefit from a partnership with Lazio. As for the BNB coin, there can also be positive developments here, which means that the price of BNB can go up, unless, of course, the crypto market brings a number of unexpected surprises. But in general, I consider this partnership agreement an excellent factor for strengthening Binance and BNB in the market. |
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The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.
If you believe various rumors, then BTC should not fall much, but should start going up very soon. It’s hard to believe this, since the situation in the world is very tense, which means that the situation on the market, and even more so on the crypto market, can be unpredictable. As for me, everything will depend on the situation in the stock market, if this market collapses, then there is a high probability that the price of BTC will also go down. But again, no one knows 100% exactly how it will be, except perhaps for the big players who manipulate the markets to generate income. In our case, it remains only to closely monitor the ongoing events and respond in time to changes in the price of BTC. |
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For most, getting started with trading is a massive learning curve, and making consistent (ish) profit is a whole different story. The truth is, it really doesn't have to be that hard. There are easier ways for new traders to profit from the Crypto market without all the struggles of fine-tuning strategies and learning to read the market. Here is the easiest way for new traders to profit from the crypto market: https://www.cryptopolitan.com/the-easiest-way-for-new-traders-to-profit-from-the-crypto-market/ What are your thoughts? I believe that it is necessary to admit that far from everyone is given to trade cryptocurrency, or rather, everyone can trade, only not everyone will have a positive result. As for your suggestion, I understand that you are suggesting for beginners in trading to copy trades of successful traders. In principle, I know about this possibility, but I personally have not yet tried this method. On the other hand, the copy trading method may well help many beginners in cryptocurrency trading to start gaining experience and making an income. |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
I believe that this is the right decision, since you always need to invest in different assets, especially those that have shown more than once that they are reliable in any negative situation. The fact that our world is on the verge of great changes is forcing many investors to look for additional assets in order to diversify their investments in the hope that in the future they will be able to at least maintain their wealth, and at most increase it. |
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