Cryptocurrency prices have increased by 118% compared to last year. Similarly, prices are increasing by almost 83% in the last 04 months.The dramatic history price of Bitcoin peaks and the recent buzz around its upcoming "halving" its only fair to pose the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?
The attractions of Bitcoin investments has always been double the potential for significant returns and its suggested role as digital gold.Historically Bitcoin has rewarded the bold to investors. For the next "halving" currently on track for April, another bull run seems highly likely. Recent price gains although this potential wave should take Bitcoin to a whole other level as it did after the May 2020, July 2016 and November 2012.
Common questions of noobs that doesnt know on how this market behaves or moves.Let me tell you this, there's no such thing on knowing on when bull run starts and no one knows if it had already leave out those investors but we know that we arent still on halving season yet. We do still have those extreme pullbacks before this market would fly out to the moon. Basing up on my own experience on which this would really be usually happening on before halving and after halving event. We wont really be able to notice that the price is starting to cling up until it would really be breaking out its current ATH and would really be making new ones that we dont able to anticipate ever. This is why it would be best that you should place yourself into the bottom and make those positions so that on the time that bull run happens then those coins you have been able to invest on would really be having those increase or profits but of course always secure profits when you are already happy.  |
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This is how the influencer works and of course, its all part of the drama and the plan to be more viral.
That's not a big money for them for sure and that losses can easily be recovered in many ways since as per OP he's famous.
If the casinos partnered with him, I'm sure that $4k is just a part of his professional fee, not to include the money that he can get from streaming.
We should not believe easily to any influencers especially when it comes to gambling, most of them are scripted.
Influencer, what are their objectives? Ofcourse they're here to promote projects to the very taste of their clients and also promoting the community of these projects. They're in for whatever that will come their way, they will be ready to give small and take the vast amount of profits, we know how these people operates in the system. This news of an influencer losing $4k within the range of 2 minutes, we witnessed the free fall of these currency. The influencer knows exactly what he's doing because there are quite high numbers of losses in the system. Its their job and they've been paid up for doing such thing so as much as they can they would really be making it as catchy as possible. Hooking up newbie viewers to watch their stream. They would be making its hype to be on the rooftop, if its needed up to have some emotional gesture and other shows then they would be doing it.  . For those people who had been saying about those funds been used do came from on their pockets on which its a complete bullshit reasoning. They wont really be using their own funds to play or advertise just to lose.Surprisingly there are still those newbies who do really fall out with this cheap tricks and been easily believe that they could really be able to hit up on the same thing just like with those influencers does. |
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To answer your question about my decision, I don't think that 60k is going to be my goal so this to me is just a passing number that's not even close to my target price so hopefully I'll still be accumulating at that time and be able to increase what bitcoin I'm currently hoarding right now. My plea to everyone out there, 60k isn't the right price to sell because bitcoin's going to be more than that.
$60k is even less (ATH) than in the last bull cycle. Selling at this level is permissible only for those BTC-investors who bought bitcoin in the cycle before last. To me, it looks unreasonable from an investment point of view to sell bitcoin below the $100k mark. This level is quite achievable in this bullish cycle, but such prices should be expected later than the halving. Probably even with some delay. There would really be no any sense that you will really be that selling now even lets say that you have been able to buy on $60k+ on previous bull run or simply you have caught yourself with the peak. Of course you would really be trying out to have that kind of revenge on which you would really be holding your position until bull run comes. You are already aware about its potential and you are already aware on when to sell for sure and setting up goals accordingly, so that you wont really be ending up yourself again on holding up your position for too long years. Preparation for upcoming bull run is what most people are focusing now, if you do missed out on bagging those potential coins and not really just that limited to Bitcoin then you would really be finding yourself on missing out the golden train and this is something that we should really be that not doing anymore. Waiting up for another cycle would really be costing up again 4-5 years which is a long time. |
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Hypothetically, if you are down with 90% of your bankroll and you want to recover all your losses using your 10% bankroll with one shot bet. What do you think is the most logical game to do this kind of bet that will give you a x10 bet on one try?
This is hypothetical question which means answering a reasoning like you should save the money, stop gambling and etc. is not allowed because this is not real. The intention of the thread is determine what type of gambling game typically being chosen by players as last resort when they are losing badly.
Answer with specific game and explain why.
For me if i would be just that having that 10% left of my bankroll and my desperation mode is on the peak, then i would really be making use of it on doing some CRASH games. Trying out to build it up until i would be able to cope up with the loses i have. 1.5x cash out or 2x would be enough. Making out some adjustments if i do feel some 0x bust up on next roll.  This is the fastest way that i do have in mind and this is something that i wont really be that touching those sports betting though but its not bad to make up some parlay bets but of course it would really be that getting in line with your interest and knowledge about sports bet but if you are someone who doesnt really have the idea then of course you would be sticking into those instant type kind of gambling games. |
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The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that
Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market. Trading isnt simple and before you could really be able to have a good grasps into it then you would really be still need to pass tons of failures and errors before you could be able to learn. This market is broad and when it comes to learning then it would be a never ending. This is a journey that the longer you've been able to deal with the more learning that you could really be able to gain up. There's no problem with failure, the only problem on here is on the time that you would really be just that easily quit up and dont give up your best just because of some few failures. To those who had been that trading as of now are to those people who had believed that they could be able to overcome up such challenges.Yes, its not easy but its not something that impossible. The wrong thing with most people is that on the time that they would be facing up some hardships is that they do easily give up and move into another thing which is more simpler on which they dont really be able to realize that it is really that worth once you do able to get a good hold of it. |
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From my little activeness over here in the forum and my involvement in gambling I have been seeing some changes in me and it's gradually beginning not to please me anymore I don't know If I will say I am becoming too emotional with my funds but sometimes it's very painful to place a bet for about 2 to 5 consecutive times no winning and this is what is beginning to me make feels sad. I know is a game of luck but sometimes whatever we do and not feels happy we should try to quit it.
I just have to bring this to know the category of people who belong to this sets that always feels bad or are emotionally touched due to their games has been constantly bursting without winning. I don't know how to channel it but at least gambler should be happy most times i will noticed that only 1 games do take me away from winning and most times there will be option to cash out I will have the full confident that all will be successfully played without knowing games change even at dying minutes.
On the time i do have that kind of feeling on likes on doing gambling then this is the time that when im bored and just like on what most people been saying here that we are really that looking for fun but its true that losing is never been fun and this is why on the time that you would be losing then those leisure seeking thing turns out to be a different story in the end of the day. This is why regrets would really be there since you have just worsen up your mood for the entire day specially if the amount lost is significant. This is why it would be best that you do really have that kind of control on spending some funds on gambling. Excitement and fun should be there but since losing is never fun then this is where people would be changed up their insights and views towards gambling and do become impulsive in the end of the day. Self control and moderation would be always the key. |
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If only we know how bad the economy is degrading globally, we would want to push ourselves to our limit and focus on that our skill or business. Taking it up to the next level. Some persons are still skeptical about the business they own, while some are waiting for the opportunities, they were promised to them by friends or relative and others are comfortable because they have rich people around them that if they place a call, they will answer them.
As the economy is getting worst it is difficult for a responsible adult to go to bed without planning on how to grow his business or how to attract new customers, not just new though but potential customers and business partners that will have big influence in his business. Time waits for no man. Yes, the life is filled with ups and down, but we won't stop trying so that we can have that impact on the existence of man just like how other nerds have done.
When you do have a business then on the time that you have started, then it doesnt really stop there.This isnt really just like on putting or establishing one and then leave it and wait for some income or profit. Business doesnt work on that way on which it would really be needing that good management, planning, marketing and other relevant stuffs that you would really be needing for it to make it big. Dont make yourself that simply stick into those ideas that doesnt contribute out in overall progress and development. If you do live in contentment on what you are now when it comes to finances then its your choice but we know that human beings doesnt have contentment on which on the time that they've seen opportunity for them to become rich then they would definitely do it. It is really just that matter of action and choice on which it would really be that reflecting out whether you would succeed or not but to think that not all would be guaranteed but at least you have done on whats something that you should gonna do. |
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*I created this topic on the other forum just recently and I would also like to share it here so we can exchange ideas based on your own opinion.
I saw this video on social media just recently wherein a famous local influencer here in my country loses more than $4,000 dollars in just 2 minutes.
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Even with a rich guy gambling, still has this regret he just made, so how much more for an average guy to take the risk of spending his hard earned money just to gamble?
Have you experienced this kind of situation wherein you spend huge amount of money and then regret after the loss? Is your reaction the same with that guy on the video?
This guy known to be rich but i cant really deny that the amount lost in 2 minutes is really that big. No matter how rich person you would be then it would be normal that you would be having those kind of reactions. Banging up your keyboard or punching up your monitor is only on the few things that you could really be able to do. Recently we've seen that breaking his own TV on which these are normal human reactions. No one likes on losing and due on being human beings then we do really sometimes having that surge of emotion. No matter how cool you are or having that good composure but when it comes on losing money then this is something that you cant really be able to avoid sometimes on having those violent reactions. Its part of gambling but if you are someone who get used to it and really that could afford it to lose then you wont really be having those reactions i should say. |
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I am seeking the opinion of the experienced and voicing my opinion.
I think if a training is 100% for learning, 1% of it is technical analysis and the rest 99% is psychological games..Because I have been learning and trading technical analysis for a long time but mostly I lose. I am still learning after that. I've noticed lately that big investors can handle trading as they please. Because they have a lot of funds, if they take a small amount, they take big trades and destroy it. In which case technical analysis is not enough. And I think psychological analysis plays a big role along with technical analysis.
But I don't have any psychological knowledge about trading. Looking for expert opinion on psychological mind set.
Not 100% but it is something that would really be that beneficial or commonly being used by most traders. How you would really be able to know or be able to read up those candlesticks or charts without having those indicators? You cant really just that assume that it would be going up or down without any basis. You would really be finding its relevance on the time that you would be setting up your foot into this market on which you would really be finding up these things to be that something important. You would really be needing up to learn up these things and you cant really just that make yourself having that fundamentals anytime or time to time on which you could based up with your position. You would be needing to combine TA+FA as much as possible if its available but if its not then stick with TA's but of course and just been said earlier that it wont really be giving out 100% precision. |
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In your opinion, what are the factors that brought change in the field of gambling? What is your outlook on it in the future?
The Internet has made a big difference for gamblers there's a big shift because of the Internet, now gamblers prefer playing on the Internet to dressing up and playing physical casinos, in the past people thought that playing in casinos was for the rich and the famous only, now you can play even in your robes and slippers and things are easier now because you can do this everywhere. in the past 20 years, the number of gamblers doubled because of online casinos, you don't have to put up a building to build a casino all you need is to hire developers This casino craze will not happen if pandemic didn't occur to many online casino has been built and to many people make it as a venue to entertain theirselves because there's nothing to do in our house and a lot of us got bored at that time. Good thing right now the technology adjust to our needs and we can gamble with at ease compare before like we need to travel far or go some near places just to gamble. Imagine how hassle to deal with other gambler personally and for sure sometimes we get into trouble for some unwanted reasons. That's why its great that online casino is here since we can gamble without having any presence of other people and we can choose a lot of games to enjoy. There was a spike in demand on the time that pandemic did happen since majority of people specially gamblers couldnt really be able to go into those casino physically on which means that they would really be opting in on playing online on which basing up into those stats or numbers then there's an increase but we've seen that since pandemic is over then those gamblers goes back on where they were before. Some might be that retaining into those online gambling platforms but most of them would be definitely be going back into those physical places. We've been able to see the difference when it comes to ambiance in between gambling online and those casino physically. The main differences in between online is that it is really that best for accessibility on which anyone could really be able to play out directly as long you do have the internet connection. |
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Requesting for another extension for my loan.. $19+$2
9cc94df484cb2df617639f08043794b60495bfa423360076a61f07b0410fff2f
Accepted. Sent $19 for this months interest. Sent $19 for this months interest. aed4280d000a1491c63d0365136243b1668ba7236b63ee3d0ef9aa53128a9086 |
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Bitcoin to rally more than $500k says some crypto analyst.
Bitcoin has pass $50k but for me,we need a close watch.We are expecting halving in April, looking at the daily chart we see Bitcoin moving to $67k but I expect to see retracement to $40k before any move so as to gather enough momentum.
Bitcoin has more buying pressure on it now than ever because of;
ETF approval which open room for more investors to invest and minimize there risk thereby holding more coins .
Election would also have impact on it move, because of general election coming up in over 50 countries of the world.
Inflation taking it lead.
Tension in economy of countries,etc.
But holding till September 2025 would be worth it since the bull run will last till then.
My question is who buys Bitcoin at that price..?
Will the value of Bitcoin keep increasing after then?
The best thing that you can do into this market or with your investment is that never ever make yourself do really tend to hear out or follow someones calls or analysis no matter how known or popular they are. We are all speculators into this field on which it would really be that best that you should really be sticking into your own analysis and your own approach when it comes to trading. 500k? If ever Bitcoins price did really be able to hit up that kind of level then it would really be actually or honestly hard to tell on what are the things that could really happen. Who buys BItcoin on 500k? For sure to those people who would really be that projecting that Bitcoins price that would really be going to 1M per coins. It would really be that depending all basing up with the demand and recognition. Cant really be that be able to deny that when it comes into such condition then you would really be having those doubts whether it would really be that crashing up that hard or would really be shooting up even more when it comes to price. |
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My excitement occurred in gambling because I just saw people around me playing gambling, and it looked fun and celebrating for the winner. I was interested in doing it. At first I only played physically with my friends but in the end I played online casinos which felt comfortable
That is the beginning for someone playing gambling, and many have experienced it because playing gambling is really fun and can make us play it more often. The attraction of gambling is what makes many people come back to gambling and play other gambling games, especially as they hope to get even bigger wins. Those who initially just want to have fun by gambling with their friends will start to be interested in visiting casinos around them and start gambling there. They are not aware that they have started to fall into gambling and if they do not have good self-control, they can get deeper into gambling until they eventually experience gambling addiction. On the moment that you are gradually growing up and you do already have the awareness or knowledge on how important money is, then on the time that you would first time encounter about gambling is that you do really have that kind of impression that "woah,this is something cool", "i could make easy money with this" kind of impressions or words that you do have in mind, and since you are that someone who doesnt really have that experience through it then you would really be having those common impressions and viewpoint towards it on which this would really be making that curiosity would be kicking in. Once you do have that curiosity that kicked in then this is where you would really be having those test out and engagement until you would be able to realize that it was never been easy. Continual would really be just that depending on a certain person whether they would be pursuing it or would totally stop out on point. |
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If only we know how bad the economy is degrading globally, we would want to push ourselves to our limit and focus on that our skill or business. Taking it up to the next level. Some persons are still skeptical about the business they own, while some are waiting for the opportunities, they were promised to them by friends or relative and others are comfortable because they have rich people around them that if they place a call, they will answer them.
As the economy is getting worst it is difficult for a responsible adult to go to bed without planning on how to grow his business or how to attract new customers, not just new though but potential customers and business partners that will have big influence in his business. Time waits for no man. Yes, the life is filled with ups and down, but we won't stop trying so that we can have that impact on the existence of man just like how other nerds have done.
Success doesnt really come or would happen without doing hard work. It isnt something that you could just make some investment or business and wait up for it to succeed or flourish and harvest on the money that you are expecting into on which this isnt really a right mindset to have.If we do talk about success then this doesnt come on easy way, you would really be needing to step up with your game on whatever things that you are getting involved into. You cant really just that anticipate or having that kind of feeling of assurance in speaking about business which we know that it cant really be just that simple on this way. People would really be usually be having those kind of realizations on the time that they are bounding to fail or having those kind of problems or issues which they havent dont it earlier and they would really be waiting for things to become worst. This is why it would really be that best that you should really know on what you should gonna do because if you dont set out those good plans then you are really that putting yourself at great potential problem. |
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Betting using small betting amounts can reduce the risk of loss as long as you can do it consistently and with good self-control, don't lose control which triggers emotions to rise and makes us use high betting amounts or deposit a lot of money back into gambling. by managing winnings correctly, namely by cashing them out, because there is no other best choice than cashing out the winnings that have been obtained, we must be able to think about how difficult it is to win, therefore we must be able to make the best use of the winnings.
If you still want to gamble, hopefully you can cash out some first and leave a small balance to gamble again, but if you lose, don't deposit the money back. it's better to hold back and come back another day where perhaps another stroke of luck will bring another win. Indeed, what you have to do is manage your finances well, you also have to manage your finances, not only in gambling, of course you also have to do it in real life. One way to manage money in gambling is not to deposit a lot of money in one gambling session and to cash out the winnings that have been obtained.
That's right, victory or luck is very difficult for us to get. If we get it, it's a good idea for us to immediately cash out the money and use it for something useful, some of which we can save. If one day we want to return to gambling again, then just take the money we need for that. gamble. With these steps, if we apply them well in our lives, then we will not experience the risk of gambling. I also agree with what they say, because it is preferable to bet only a little money before making big bets where you can also win a lot, but if you lose we will look bad, I always control myself in that aspect and that of the experts well. I don't believe them very much, they are people who have many things to define well, the success rate is very low and it is normal, I have not said that it is not possible, but based on the things as they present them all the time I could say that i . The predictions they can give are about sports games. I don't see players telling players when to bet on slots, or roulette, and on a specific number. These things are only applicable to those that have to do with sports betting, therefore. That is very relative, no one can predict exactly unless that game is rigged, because it can happen, and even more so in these times where everything is in the interest and money of no matter who they are. Regret will come at the end of an event and we will definitely try to avoid this regret by betting a little, if we lose we will not lose much and regret it. So it's good for us to be confident and confident, don't easily trust gambling experts because you won't always win. In sports betting, of course, we dare to bet by looking at the team that will win by looking at the points collected and how many wins are achieved as a reference for us to dare to bet and it is inversely proportional to the winnings produced. with cheating, clearly this is still in doubt. results. Just let those people do able to experience the worst on trying out to believe with these so called experts on which we do know that this is something that must really be avoided in the first place or something that i wont really be that confident on doing so because we are all gamblers and speculators on here on which it is really just that not worth on which it would really be that best that you should really be just that betting with your own bets and analysis on which on the time that you would really be having those losing bets then the feel of regret and disappointment isnt really that severe comparing into those individuals who are really that expecting something positive. It would really be best that you shouldnt really be that making yourself that getting influence with those so called professionals because actually you could really be able to apply for yourself about into those analysis and those betting behavior that you do have. Such informations could really be gained through into those various sources or mediums. It is really just that matter of actions been made out. |
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I wonder why some traders are still experiencing losses in their crypto trading upon all the impart professional traders are imparting traders in some trading section to ensure traders know when to trade to win and when not to trade to avoid losses. Can you make everybody to win in their crypto trading? I asked this question based on what I heard from some traders that traded their coins early this year, hoping that the price will still return back to low price before they can buy and hodl for the real bull run to occur but this morning price made such traders to lose and, it made me to understand that there is no way you can help everybody to win in their crypto trading because, there are some traders who will be thinking that you are teaching them wrong thing until they experience profits or loss before they will appreciate what you did.
Even crypto trading experts cannot make everybody to win or earn big profits from their crypto trading at the same time because, for some traders to wait till the real bull to show up in the market, it will make them to feel they are about to miss the opportunity and it can lead them to loose no matter what you do to help such trader.
Why wont lose? There's no such thing about being a perfect trader on which having no loses on which it would really be not just right that you would really be trying out to be perfect because it would really be just making you desperate and we do know that desperation wont really be giving something good into someone when it comes to trading. Always accept out those possible risks potential that you might be able to encounter on which we know that with this unpredictable space, there's no way that you could really be able to make 100% accuracy when it comes speculation. You win some You lose some. Outcomes or results would really be entirely be depending on how well you do make yourself making those trades. Not all would really be that profitable and not all would be successful but doesnt mean that you would really be just trying out to avoid and completely stop due to some few loses. Thing here is that you do really end up on making yourself profitable despite of those loses. Always keep in mind that trading does have those loses inevitably and never ever think that trying out to have zero loss because it cant be possible. |
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[The effects of daily gambling are more than just a simple addiction, it is a separation from our daily routine, because the need for self-development gradually diminishes and is replaced by satisfaction and innocent joy, living with gambling every day is like a fake paradise in my opinion, while it's clear that we can replace those hours with tasks that create long-term benefits, we spend hours just being wasteful. Although we always respect each person's consciousness but daily gambling creates sluggishness in the brain, feeling like it cannot learn anything new to train yourself.
Maybe for us personally, gambling every day is something that is very difficult for us personally. But for people who are used to it and can't leave it, it will become a necessity. However, for us, this could be an ineffective decision and could threaten his finances. because things like this that are not balanced with good income and do not control it will bring the gambler into a bad condition. Based my work activities, I don't even think someone that has a job to attend to would want to gamble everyday. Maybe to people that don't have a job yet but I don't think I can keep gambling everyday as far as I am concerned. I mostly think about betting maybe when I'm less busy due to make work activities. Those that have the time to keep gambling can keep doing it due to there passion for gambling but I can't just think about it right now of gambling. Cryptocurrency has made gambling very easy and we don't have to stress ourselves making using to the fiat methods to make deposits. In a single click we could fund our account without stressing our brain of how to go about it. Talking about on gambling on everyday then this would really be that basically means for someone who do have the capability on doing so on which we know that it would be mainly needing these things. 1. Money 2. Time If you dont have the money then you cant play on everyday, so as with the time that you would gonna spend on doing it. We do know that each one of us does have those priorities in life specially on having work. Cant think off myself that you could be able to play on everyday specially if you are just living simply with those standard ways of living not unless if you are a rich guy then you could literally do all of these things, but if not? Then you would really be needing to work hard your ass off for you to have some salary and could survive on day to day living on which basically means that playing on everyday cant be just that possible. |
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With the demand beating the supply, $69,000 is not far away from the current price.
Regarding the above statement, how do you know there's more demand than supply (aside from the fact that bitcoin's price is currently rising)? And who's to say that demand won't suddenly drop? There's no guarantee that the halving is going to have an effect on the price of bitcoin at all, regardless of what happened in the past. Personally I think the halvings have already been priced in--but that doesn't mean there won't be speculators who'll be driving up demand, expecting a jump in price because of the upcoming halving. Everything I wrote above aside, I do indeed think we could see a new ATH soon. Don't know if it'll be before or after the halving, but for whatever reason bitcoin is red hot right now. Effin' white hot. The only problem I see is that if the price goes up too high, too fast then we're probably going to see a massive crash. It's happened before. There are really people who do say such things without even trying out to look again or trying to realize that this market isnt really just that talking about moving upwards.As we do all know that this market isnt something that could really be predicted on which it would really be that always a matter of demand and recognition in speaking about value then it would really be always reflected on that. New ATH before halving? Possible but its unlikely, we might be able to se those huge movements but doesnt mean that it would be a non-stop thing. Always anticipate that after a rise then there would always be a drop. Its normal for people to look for new ATH, who doesnt like that? It is really just that people are really that rushing up things on seeing new ATH, its exciting but we shouldnt really make ourselves that too optimistic because so that you wont really be able to make yourself that being hopeful into those numbers. |
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Yesterday was trying to place bet and during the process something in me keeps telling me to increase your wager do you know if you would hit something you never won before.. I was like is this how other people are being controlled by gambling or is it how it works? I said, no wonder some people gamble and finishes their allocation for the week or month. This can even lead someone to also go borrow if this feeling is not killed and stop, you can also see that this attributes in gambling addiction.
However, have you had this feeling while gambling before be it offline casino and online casinos?
When making decisions then it would really be that entirely be that depending on you because not all would really be that the same about their own views and impressions towards gambling. Some be thinking and be that desperate on making money and some are really just that playing for the sake of fun nothingless. Results or outcomes would really be that depending on how you do treat up gambling because if you are really that desperate on making money or profits with gambling then this is where problem do actually come from. Its none others business if you do want to bet, on how you do bet and what behavior you could have. The only thing that you should really be mindful is that you wont really be excessively be that engaging into it. People do mess up their lives due to this very sole reason. |
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There is a better way than asking others for trading strategies. Crypto exchanges offer copy-trading features that can be used to copy any professional trader's trading activity by giving them a small commission. This is the most convenient way for non-professional traders to earn some money from trading where you don't even need to spend your time finding the best entry. Asking people about their trading strategy won't help you much because if anyone is having success with their trade setup, he won't share his strategy with anyone.
I have never tried it or done any research about it, so I'm not completely sure if copy-trading is profitable or not and whether the people whose trades you will be copying are dependable or not. However, I believe one shouldn't rely on someone else even if the whole process is being managed by the exchange platform itself and you aren't doing things manually, it's still better if you learn trading yourself and then do your trades yourself so that you know what you are trading and what actions you should take at each interval. People who copy trades or join signal groups so that they don't need to do research and analysis themselves will not be able to continue their trading activities for very long because such services are not always reliable and there will be a time when you will be lost because you won't be able to get such services anymore and then if you don't know anything yourself, you will have to stop trading due to a lack of knowledge. Same here, i didnt have any experience on using up copy trading on which i never intend on doing so in the first place which we know that it was never been that ideal on doing so. Somewhat i have known some of my friends or colleagues did really have this kind of consideration on making some copy trades. They were saying that they would really be just simply sticking into those traders who do have that good or huge PNL and viola they good to go. Yes, you can make money on that sense but when it comes or talks about the overall knowledge and skills then this is something that you would really be lacking on which in the sense when it comes to skills and experience. So it would be that on personal choice whether you would really be sticking into this kind of method or would really be that changing up your own methods or ways on learning or dealing up with trading. This isnt something that you could really be able to push on each person when it comes into this aspect. |
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