I have some ATOM and MATIC which i see as safer alts, and a small bag of ROSE as a moonshot, but otherwise it’s mostly ETH and BTC. I started the opposite way but quickly changed course because I felt happier with smaller returns on safer coins.
I think you prefer to minimize the risk which is a good thing too, Bitcoin and Ethereum are proven to be two coins that need not be doubted and for long term investment it is the right choice because it is safer, even so it does not mean that when we take a bigger risk it is a mistake because everyone has their own considerations.
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Entry Short now time 19:56 London UK time. IDUSDT ENTRY 0.51$-0.52$ price range Target tp: 0.49$ I use leverage 20x-30x
I didn't see you talk about stop loss. Trading with this kind of high leverage is going to make you trade a high level volatility and that is very risky. However, one thing about it is you have high profit if it goes well but you also lose greatly. It is a choice but I doubt if it is a professional way that you have to take 20% risk on your trade. Of course it's a choice and certainly when taking such a big risk requires careful consideration, if it doesn't go smoothly then big losses will come to us, for me, I will choose to minimize the risk first, but after all, everyone has their own decision.
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I have never been a fan of BNB tokens but being the currency of the Binance exchange very likely that their coin in the future can also reach 1000 dollars .. they have a lot of money to do whatever they want
Despite that everyone has their own preferences but I'm quite surprised that you've never been a BNB fan, for me BNB is a potential coin and very worthy for long term investment, may need to be patient to see BNB prices rise.
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To go with stocks instead of crypto during this period makes me wonder if people are still mad. I mean stocks are just companies, companies crash, they bankrupt, there is nothing that can make you trust a company more than you could trust some crypto.
I would trust the biggest company, apple (or is it tesla now) as much as I trust BNB at most, which is third coin, and that is the biggest company, I would feel like ETH and BTC is a better investment than any other company anywhere on the world, it's just as simple as that. Some may disagree with me but that is how I see it and I will continue to see it that way forever. People are just overly fond of these stocks because that is how it has been for a while and they are having trouble changing their perspective.
It's understandable that you have a strong belief in the potential of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) as investments compared to traditional stocks. Cryptocurrencies have gained significant popularity and have shown impressive growth in recent years. However, it's important to consider a few points when evaluating the potential of both stocks and cryptocurrencies: Either stock or crypto I think it's just as profitable as long as we have the right strategy, when talking about crypto especially the top two coins which are Bitcoin and Ethereum there is no doubt about it, for long term investment it is very worth it and will be profitable.
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My favorite memecoin is of course PEPE, because one of the memecoins that is still undervalued when compared to SHIB and DOGE, I'm sure the beginning of the bullrun will be lots of memecoins that have gone up to 1000x, and I added a list of PEPE to the portfolio, moreover PEPE has also been included in Binance, so it's very safe for investment.
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that is the importance of doing research before investing and not being easily influenced by the news (FOMO). not only on the website but I often find on youtube social media many youtubers or crypto influencers to suggest buying a certain coin. giving advice is everyone's right, what we need to do is not to easily believe in this kind of thing and prioritize doing your own research before investing.
That's why it's important to get used to doing research before buying, don't just believe in other people's advice because it's not certain that it will suit you, losses will continue to come if we are easily influenced by other people's suggestions without doing research.
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trading in bitcoin in my opinion is more difficult than in altcoins, because in Bitcoin there is no developer no news about its development but news from the world itself, if the world is doing well then Bitcoin will pump, but if the world is not good then bitcoin will dump, different from altcoins you can see good news from Ethereum, Ripple or Conflux and others, therefore if you want to trade in Bitcoin make sure you can read charts or technical analysis personally.
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It's normal for a trader to experience losses because no one can predict the market and even profitable traders agree that. But there are many traders who win a lot in a bullish market rather bearish. Here in crypto, if the market is bullish you can possibly earn multiple of your capital and can be up to 50x or 100x, it happened in year 2021. A lot of traders even newbie traders are getting rich because most of their strat are working since the market direction was always going up. But when bearish came up they disappear. Aside from that, I only base on my analysis in the chart, I won't say Bitcoin is seasonal.
Well, it is easy to look like a genius when the market is doing nothing but to go up, during those moments everyone seems to be obtaining profits, however as we know such a state cannot be maintained for long and at some point a crash follows, it is at those moments when you can see who is really good and who was just being carried away by the bull market, and when all is said and done you can see the majority of the traders on the market were never as good as they thought they were. Such is the reality that when the market is rising there will be no chaos between the traders, and when the market is crashing, we can see which traders really have a lot of experience and which ones don't.
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I am risking what I can afford to lose for the last few months. It's not much but I am pretty sure it will come back pretty good in a few years. The era of making money on the way up is over until the next cycle. As long as the projects I hold dont fail I don't care. Its an asset that i own. Time will tell if the bets were good.
same thing with me, betted on some projects and wait until next bullrun settles in, hopefully it will make some bountiful harvests, though I don't even sure if the project will be holding on through series of corrections. It will be very fun for sure when in the end it will turn out to be profitable, hopefully the project can survive and certainly only time can answer, The most important thing is to continue to follow the progress of the project.
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One characteristic that qualifies someone to be Mary is that they are financially fit. It must not be a very rich man, but at least partially rich, even if it's a middle-class man. A common meaning of rich is being able to afford what you need. So once one can afford their needs and the needs of their wife and children, they can go ahead with marriage, but when one is absolutely poor, they should work to put some money in their pocket before thinking of getting married. Although some people are not so rich before they get married, after some years of marriage and growth in knowledge as well, they excel and do better.
I consider it stupid to look for a rich husband or wife for marriage, first of all you need to find a person with whom you will live comfortably, for whom you will have real feelings. They can achieve prosperity together and this will be the best option. It doesn't matter how wealth is achieved in crypto or in any other way, the most important thing is that it be achieved. If a family can plan everything together and achieve their goals, then they will succeed. It's really ridiculous when married more looking for wealth or wealth than comfort, I think when looking for riches it's probably not really loving it, what is clear to me is that such a marriage is not an ideal marriage.
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Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?
if my advice, you can invest 50% in Ethereum and 50% in BNB, because ETH and BNB are the best investments at any time, so you have nothing to lose if you invest in ETH and BNB for the long term, because the price of ETH and BNB will definitely create a new ATH price, so that will allow you to earn a lot of profit from investing in ETH and BNB at this time and hold for the long term. It's a good move to invest more than one coin. It is indeed very wise if we invest in more than one potential coin because then we can get various benefits from this investment. Especially if investing in BNB and ETH because these two coins make it possible for us to get big profits both in the short and long term. I think the right choice is to invest in potential coins because the possibility of making a profit is certainly bigger, both coins are potential altcoins which is no doubt, besides that investing in both coins is also much safer.
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I am bringing this to the forum because someone asked me this question. I thought I should share and get more insights. According to the individual, while they were considering loaning about $100-$200 (money they know they can pay back within a month) to start their trading, someone advised them against it. Instead, they were told that all they need to do is to compound $10 instead.
For newbies, compounding a $10 crypto trading investment means reinvesting the profit from your initial $10 capital in the same asset, such as bitcoin, to generate an increase in returns over time. So the $10 may compound over time, and you can get $100 in returns. It requires patience, just as trading does.
This is the best alternative to loaning money to kickstart your trading journey. What are the other alternatives you know?
As newbies, this is too risky to take this decision. Moreover, taking loans to start trading. These may be possible ways, but not wise decisions and risky ways to do. Trading for newbies may be something new, trading is not as easy as they think. they may only think about buying low and selling high every day. But, do they consider that market can probably change very easily? And how they will do if something happened and they cannot handle this? this is too risky. if I were them, I will not take any loan to star trading, moroevr I am a newbie. Trading is certainly not intended for beginners because of the big risks, basically trading is so complex and not just about buying and selling, so better focus and prepare myself I think it's much more important.
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Polygon is a pretty good chain with great projects and alot of utility. Around here personal preference has alot to play is people's choices but if you check out the past achievements and future goals it's a top contender. So, IMO $20 isn't impossible to reach in the future.
indeed $ 20 for Matic is not impossible, but it also takes a long time and even years, and what can make Matic's price go to $ 20 is Bitcoin, because Bitcoin is a pioneer of altcoins, if Bitcoin experiences a pump to $ 100k then I sure Matic can also go to $ 10 even $ 20.
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I know this is an awful place to ask this question but please know that I am also bitcoin holder. Do any of you buy physical gold where they ship it to you and if so from where? Just throw me a link to the spot and I'll do my research from there. There just seems to be alot of places to choose from and not all can be trusted.
Same with other said don't deal anything online especially buying a expensive asset since to many scams are posted there and to bad if you catch up a scam then you lose your money. Much better to search for local seller which have physical store so that you can personally go there and assure that he has a gold on hand to avoid any unnecessary things on your supposed to be investment. Also try to compare the price of each seller since there's price different on each store especially if you spot a supplier on your place since for that you can get a discount upon purchase. It's true that as much as possible we need to minimize risk and buy gold online, of course the risk is too big, taking many things into account I think the best option is to buy offline or in a physical store, but if you still insist on buying online then you really have to do some research first.
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With the current FUD right now, market is bleeding and negative sentiments is very strong because of FUD on going. Despite that it's a golden opportunity to buy and while others are afraid. This is only temporary because market will always bounce back from the dip.
On the one hand, we really need to take advantage of this opportunity to buy, the cycle is like that, the market doesn't always experience a decline, so there's no need to worry, most importantly we need to be patient to wait for the market moment to recover.
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For now it is hard to predict, the market fluctuation is indefinite some says that the bull market will start around bitcoin halving event which us expected on 2024. But still no one can give the exact date when it will take place. For now be wise in investing choose what is the best. Always check the price and the charts before investing on your chosen coin. Take advantage of the low price today and keep it till the bull runs, it will be a good profit.
That's right even an expert doesn't know exactly when the bull market will come, no one can guarantee that it will happen in 2024, even so, that doesn't mean it won't happen because making predictions certainly needs to have a basis, namely from the results of research and analysis.
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It is premature to determine the long-term future of PEPE coin based solely on its recent dump. We have seen similar market trends with Shiba and Doge, which eventually resulted in substantial profits for investors. However, it is important to consider whether Binance listed PEPE coin too early.
I agree with you that basically valuing a coin too fast will not allow us to conclude the coin, we need to look at it in the long term and after that maybe we can assess it, We'll see how the PEPE coin will develop in the future.
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For me, if the government of a country has a program to help its citizens, that is good, but for an individual to depend on the government for his life is one of laziness that can be considered wrong. Even so, we should still obey whatever laws or ordinances our government enforces as law abiding citizens. Then I was able to survive without the help of the government.
That is why the importance of synergy or cooperation between the government and its citizens, because if you only rely on one party, of course it will only be temporary, the government needs to make the right policies regarding this problem while its citizens also keep trying, that would be good.
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You are 17 years old, you are still very young, and the future is in front of you, so you do not have to rush, you will have many opportunities, so you should look for good opportunities and avoid making mistakes from the beginning.
The forum here generally does not like new accounts that ask for help or donations, so you should avoid these things and try to develop your rank and gain the trust of the community first.
True it's better to focus on developing yourself by continuing to learn, there is still a lot of time and the important thing is to make the most of it, what is clear is that we can also use this forum to learn so do that.
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