Investing: intended to be mostly span for at least a year or longer. Trading: mostly spans for as short as a few seconds, to around a few months or so.
There are really no super strict definitions; but sometimes it mostly depends on intention. I could buy something as an investment, but after just a few weeks I change my mind and I sell it. By definition it's a trade, but by intent it's an investment.
|
|
|
"hindsight is 20-20." Sigurado karamihan saatin dati hindi naman natin alam na tataas ng ganitong kataas at ng ganito kabilis. Pwede tayong magsisi, pero wala na tayong magagawa sa past. Focus nalang talaga sa tamang pag invest para sa future.
|
|
|
Kudos to the effort, but this is honestly like the 34638969th time I've seen such a topic posted here on Bitcointalk. 90% the same content, just with different thread titles. Not to mention that you got a good number of things wrong.
|
|
|
While putting money into bitcoin is one great way(risk/reward wise) to try to combat inflation, the best way would still be to try your best to increase your income. Yes I know it's going to be difficult when it comes to jobs, but I heavily heavily recommend looking for side-hustles.
|
|
|
What I usually do in such situations; after the initial quote of the full text, I copy out the full quote and paste it subsequently on my reply cropping it down to the line I need and repeating, till I'm done with that text.
Yep, it's totally doable don't get me wrong. It's just a huge pain in the arse especially if you're quoting a topic/reply with a length that's long enough for you to might as well call it a full-fledged article.
|
|
|
Pretty simple.
forex: fiat currency <-> fiat currency crypto: fiat currency <-> crypto, or crypto <-> crypto
|
|
|
The 0.24x on NEO means what? The entire returns since 2017? That's a big lie and not accurate, in 2020 I bought some NEO coins for 6$ each and I sold them for 118$ in 2021, how much return is this? Are you for real? The problem lies with those that bought at high price and sell at another high price not those that bought at All time low.
Though it's nitpicking, how is mere data a lie and not accurate? You're may not be wrong either, but you just nitpicked a different timespan to fit the narrative. But the main point still stands. Handpicking cryptocurrencies is mostly hard, but if you can personally go in and out with good timing, then no one is stopping you.
|
|
|
Trading is a game where you're mostly going against the top quant trading firms, unless you're trading those low-cap coins where they mostly wouldn't even bother trading.
And there isn't really a sort of "manual". There are trading basics out there, but in the end you come up with your own strategies. Because if you and a lot of people follow and use a single strategy, chances are the profitability is going to be really low and you're just going to try to front-run each other.
|
|
|
I have a very small copy-trading portfolio on eToro just for fun, and I really don't expect to make a significant amount of money. In fact, I expect the traders I copy to totally mess it up at some point.
Think about it — if I was a totally successful trader, I'd take advantqage of my strategies on my own and make money myself.
|
|
|
A huge majority of projects are fated to doom. Due to the simple fact that 99% of project tokens are useless, and add to the fact that most businesses and startups in general fail inside and outside the cryptocurrency space. So if you're thinking that crypto investing is easy, nope.
|
|
|
(besides the fact that it's a pain in the ass to use on mobile).
I kinda got used to using it on my phone. I can understand it's problematic for reading a few pages of text but apart from that I think it's just something you can get used to (though maybe your point was you shouldn't really have to). No no reading is totally fine. The pain comes when you want to make a response and you'd have to handle multiple quotes. You know those posts that you really disagree with that you really have to refute every single line of the main post? Yea LOL.
|
|
|
If you're referring to the typical exchanges like Binance and Coinbase, then you really can't; unless you're planning on exchange token <-> token. Your only choice if you don't want KYC is to use peer-to-peer exchanges like LocalCryptos[1] and HodlHodl[2].
[1] https://localcryptos.com/[2] https://hodlhodl.com/
|
|
|
Pretty much. It's the reason why I like Bitcointalk the way it is(besides the fact that it's a pain in the ass to use on mobile). Most modern websites needs a good amount of JS for their features/functionalities that they would barely work with a Disable JavaScript plugin.
|
|
|
If you could actually pull it off in the end, then sure. But that's a huge if. Would I really call it a "need" though? Definitely not. I'd personally definitely prefer trying to earn money elsewhere through businesses and such rather than to stare at charts.
|
|
|
The decentralized ones are actually the ones that are P2P lol. > Decentralized P2P means Own County Currency to buy Crypto. And? One of the main selling points of using a decentralized P2P platform is that the authorities don't need to know that what you're transacting is actually for cryptocurrencies.
|
|
|
* On the other hand, Decentralized Exchange does not have P2P facility
? ? ? The decentralized ones are actually the ones that are P2P lol. and Decentralized Exchanger is less used in many countries as Crypto is not legal.
You'd figure that if crypto isn't legal in a certain country, that people would be using decentralized exchanges, right? * In this case, they are doing it even if they have to exchange money by KYC in centralized exchanges. In addition, many times if a country wants to ban those centralized exchanges can easily, because of which users have to face a lot of problems that are not exactly right.
What. * On the other hand, they can use decentralized exchange freely. Now the question is which or which is the best?
Asking "which is best" is like asking if it's better to drive a top of the line Ferrari vs driving a armoured car. Do you prefer speed and ease of use? Or security/privacy?
|
|
|
Unlike Ethereum & Solana model, Avalanche is trying to be best by offering higher speeds of transaction and lower fees.
Lol what? Literally almost every other alternative layer-1 platform(Solana, Terra, Cosmos, Near, BNB chain, etc) are trying to compete by speed and low fees. Only Ethereum and a few others are trying their best to keep the blockchain size small(hence slower and more expensive).
|
|
|
I tried it. It works. Thanks. For my sponsors and buyers, is it enough to know only my address for Bitcoin coin and not know the network?
You only need to know your address on the Bitcoin network if you're only going to use the Bitcoin network; and you should know the network obviously, but the network is always indicated on exchanges anyway so you really don't need to do any memorization.
|
|
|
Thanks for the comments! I generated new address. There are two: - 1. address: 1392**************************1JSh (Coin: BTC) [Network: BTC - Bitcoin]
- 2. address (new): bc1q**********************************vn5t (Coin: BTC) [Network: SEGWITBTC - BTC {SegWit}]
Do I understand they can send me money to both addresses? Do I have to tell the payer about the network or enough only my address? Different networks usually have different wallet address standards so you wouldn't be able to send Ethereum network bitcoin(wBTC) to bitcoin on the Bitcoin network(BTC). If you tried to send BNB Network wBTC to Ethereum network wBTC though, you might lose access to your money. So be totally sure you know what you're doing.
|
|
|
Everyone thinks I'm wrong but actually, the truth is better. I can't argue with anyone but I am going to drop facts why trading should be the last thing we should ever thing about.
It's funny how you moved from "does trading really work" to "why trading should be the last thing we should ever thing about". Two very different things. Also, with the risks you've listed, I'm pretty sure traders are totally aware of the risks lmao. It's not as if trading as suddenly discovered when cryptocurrencies existed, spot/leverage/futures trading existed for decades now. It just depends on the person if he/she can stomach the risks.
|
|
|
|