...Well, traders can use technical analysis or fundamental analysis to predict the price, but this factor can guarantee success in future trading. Sometimes those analyses can't work well if there is bad news spreading suddenly.
Of course, it is very important to use technical analysis or fundamental analysis to predict prices, but it is equally important to comply with risk management. After all, if you open orders for your entire balance and do not use stop loss, then your margin trading will end very quickly. I agree that stop loss is a crucial feature that an exchange must have and as a trader its really advised to use stop loss to prevent capital loss instantly. Also reasonable leverage is needed to prevent our greed from losing more capital instantly. We need to use our money that we can afford to lose in future trading otherwise we will get panic when its suddenly dump. |
|
|
|
#Proof_of_Authentication_Post
Bitcointalk username: LastKiss
Telegram username: @bloodyznumb
Which Campaign you joined: App Campaign & Twitter
LuckQRT Email address: fikrimubarok543@gmail.com
|
|
|
|
~snip~
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
Its up to them since many people want to earn more money from trading rather than holding, personally, when I see an opportunity to trade then I will trade all my funds without any leverage. But when the market is hard to decide, holding my funds while staking is preferable. |
|
|
|
What do you think about play to earn blockchain games? Do you think that video game players will one day abandon Sony and Microsoft companies for play to earn games or Microsoft and Sony will one day be forced to allow play to earn games to run on their gaming devices?
P2E is always fun to play but not all P2E always make a lot of money, despite the game having a feature like Play to Earn still a game is a game which we should enjoy it rather than make it our money machine. A lot of new game projects adopting Play to earn now since the hype is big out there and I believe it will be the future feature for every game that they need to have. |
|
|
|
Actually This is not new sight to see since not everytime we can see all pump happening in the market and dumps like this is normal so I think we need to stay cool around then don't get panic since if we freak out then tell that the whole market will die then we cannot earn with this but rather for sure we lose our money due to fud you encounter. The only thing we need at the moment is patience since for sure there's end point on this bearish season we see at the moment.
I agree patience is the key in a bear market, those people who want to get a profit fast do not last long in a bear market. Its hard for some people to not panic when they see the market drop more than 20% in a day. Holding long term maybe the answer that we looking for in this bear market because when we buy we just need to leave it in our personal wallet and come back when the bull market start. |
|
|
|
Charles Hoskinson stated that cryptocurrency needs to cut ties with banks, how do you think this will work out? Because I use Fiat through Bank to purchase Bitcoin and other altcoins, is there any possible way that this can work out? What ways can someone buy Bitcoin without the help of Banks?
I guess we can't, except if we got something to trade our stuff with Bitcoin, but I believe that I've heard about Bitcoin ATMs that we can buy Bitcoin directly from that ATM when we put our money to the ATM. I hope in the future we're not too reliant on the bank. |
|
|
|
We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?
Is it that the rich have already wealth the day they are born? Have savings and investment?
While the poor doesn't have any of those?
The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.
Its your choice what you want to become in the future, not everyone who is born into a rich family will stay become rich forever, It is pointless if they have wealth but can't manage their wealth. Those who are born into the rich family one have a few steps ahead compared to those who are born into poor families, as long as they keep up their effort then that effort shows the real result. |
|
|
|
~snip~
is it possible to also creat a Bitcoin wallet and always send Bitcoin to it as a savings? if you do that for some year without going back to the wallet, will anything happen to your Bitcoin or the wallet?
You mean you want to keep your Bitcoin in a wallet for a long time and never once to see it for a few years, as long as you keep your password for the wallet you won't lose anything. Don't keep your funds in an exchange because an exchange is not guaranteed your Bitcoin saving so it's better to have a hardware wallet like trezor. |
|
|
|
It seems that the trend nowadays is on exchanges, coins, and stablecoins. Last year we had LUNA and its stable coin and then followed by FTX and its own coin. This year we should be more careful in investing a big portion of our portfolio in these types of coins. BNB is still part of my 20sh list of coins that I want to accumulate but I will drop it lower than 10%, it could be 5% of my portfolio. The focus should be more on bitcoin which remained intact over the years. 50% or more of my portfolio will be on bitcoin.
Yeah this bear market damaged stablecoins a lot, many people are already afraid to invest in crypto since that two top altcoins fall. I believe that BNB will make its stablecoin more secure since there are already two cases in a year and I believe other projects that have stablecoin will make their stablecoin more secure like USDC yesterday drop 10% because SVB bankrupt but it pegged again at $1. |
|
|
|
right now I'm investing in altcoins on matic, every time it goes down I buy it according to the support area which is good to buy in my opinion. until the price is $ 0.3 I got it too, so at the current price $ 1.2 actually I'm already floating plus as a whole, but I'm targeting investing in this polygon for the long term, and I can feel calm, hopefully in the future according to my expectations so that the plan can be for real business capital
You got a nice strategy out there, keep accumulating more when Matic prices go low and hold it until the next bull run. Many people won't feel calm in this bear market since the crypto market is really volatile but you can feel calm with your investment. Right now I'm investing my money in a few Altcoins such BNB and Ethereum since the bull market is near I don't want to miss the train. |
|
|
|
~snip~
Also Experts are welcome to advise new users about Best trading Strategies.
If that beginner is able to do technical analysis and other analysis then they can try to go future trading, lower the leverage and try with a small amount don't be impatience by using all funds you have, spot trading is safer but the risk is always worth to try. Even many experts said that Bitcoin will go lower when Bitcoin touch $20k a few days ago but now it rebound to 24k-25k$, so even with the experience we won't know what will happen to crypto. |
|
|
|
As you may know or not, FireDAO is a newly launched project that intends to build an on-chain economy based on DID system and SBTs. I am with FireDAO team, in charge of the global community buildup. To be honest, to promote a new project is never easy and I was wondering what strategies or measures you would use to promote FireDAO effectively. We are open to any advice and also questions that relate to FireDAO. Please share your views. Thanks.
Promoting your project maybe the problem you're thinking of right now but in reality getting real investors is real hard since investors looking for a decent project to invest in and not only a project without any development so rather than keeping busy yourself from promoting your project its better to start giving your community the best project, a great team, good product, good roadmap, and real progress for the community. If all that is in your project you can easily find investors for your project. |
|
|
|
|
Show Posts
