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41  Economy / Trading Discussion / Re: Trading Psychology and tips on: September 17, 2023, 07:23:28 PM

Downturns are normal
Always note that you are a player amongst millions of players including financial institutions, things wouldn’t always go your way, with this consciousness, invalidated setups will not mess with your emotions. It’s a default understanding, therefore, you have a large heart to accommodate it even before it shows up.


This is a trading reality and every trader should understand that it comes once in a while depending on how you use your strategy. This downturns sometimes makes you to doubt your already working strategy and you want to consider changing because you have lost a lot that season. At this time, some traders also feel that the market is manipulated because whatever you do seem not to work. Even though the issue of manipulation is still a possibility or an ongoing debate but what I suggest during down time is to take a break and wait for a clearing opportunity to enter another order instead of continuously forcing the market and losing.
42  Other / Beginners & Help / Re: Deleting Post can reduce the merit we got? on: September 17, 2023, 06:02:29 PM

Activity count is the one that can be affected once you delete a post that attached to your activity post. So be cautious on deleting post if you don’t want to rank down/decrease activity count.

Yes but if the user has got enough posts that can help him increase in activities after two weeks then it will not matter, so it depends on how many posts are deleted and the posts number of the user. However, op has asked a good question that will help other newbies who probably are thinking about that and have not made attempt to ask. So to Op, I don't think anything reduces the amount of merit you already have, even if the particular posts bearing that merit was deleted .
43  Economy / Trading Discussion / Re: Those who forget history will be disgraced. on: September 16, 2023, 09:44:57 PM
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
What asset can be anticipated to by next year aside from Bitcoin and a few other cryptocurrencies who hard their market pierd to Bitcoin and ride on the bitcoin market waves,  aside from that,  no stock will flow in that same pattern pf market direction in the next year 2024-2025 Bitcoin bull market speculated,  since only Bitcoin will undertake the block seize reduction.


If fact the comparison is not visible because bitcoin has a history of really increasing very high every 4years and stock doesn't have such pedigree and that is already a difference which makes it not comparable. The stock investors might be cashing out to do a quick DCA on bitcoin to have some fast profit with bitcoin bull, so no basis for comparison as they are different commodities and doesn't have same parameter for comparison, unlike silver to gold which have the same characteristics.
44  Economy / Economics / Re: To afford personal education or a property? Where to allocate funds? on: September 16, 2023, 02:02:22 PM
It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?


This is a delicate question but interesting, it is more philosophical. To have is better than not to have because from whatever way you look at it you need to survive and you don't need to survive at the expense of someone else as you will become a burden to that person and you won't be happy also. God should provide so that we can have and extend hand of gift to others. If you have you will enjoy your life but not to have means you can't feed, you live a misery life of unfulfillment and penury. But to balance them both is a good feeling.
45  Economy / Trading Discussion / Re: Those who forget history will be disgraced. on: September 16, 2023, 01:35:01 PM
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
46  Economy / Trading Discussion / Re: uccmarket product trading investment platform on: September 16, 2023, 11:04:50 AM
Have you really talked about the losing aspect of the investment? You have dwell on the profit when you sell, so what about the losses? Because in investment there must be a room for losses and a good business person tries to fathom out the loses and its ratio to profit margin to calculate by himself what his profit is. I understand that every investor put his money because of expected profit but do a good PR by talking more on the risk to incur on investing.
47  Economy / Services / Re: [CFNP] Roobet.com Signature Campaign | Dr. Bombay Metaverse | Full Members+ on: September 16, 2023, 10:42:58 AM
I have sent this users PM notifying them on the updated signature and Avatar.

@

suzanne5223
Quidat
Ultegra134
Oilacris
teosanru
Stalker22
eaLiTy
Marykeller
GiftedMAN
Eureka_07
Wakate
Alpha Marine
savetheFORUM

I like this Avatar  Grin
48  Economy / Economics / Re: Economics is not fulfilling its true potential as a science on: September 15, 2023, 09:18:19 PM

Reed wanted a new way of doing things in economics, the old methods doesn't contribute to positive changes.


Maybe a new way of doing things may take note of the new infiltrations in the system which now bring about the modern economy that needs to be study and solutions provided. The old methods should have kept providing and contributing to positive change but it is yet to accommodate the new models which is now the realities of life because in the past, certain circumstances never was occurring like it is today. Certain factors can be responsible to divert the economic policies of government like war, COVID-19 to date is a major set back in country's economy as budgets for economic projects were used to fight COVID-19 pandemic, to execute different wars, terrorism compacting etc which were very minimal in the past. Therefore, those have to be considered to see the reason old mettod doesn't contribute to positive change anymore.
49  Economy / Trading Discussion / Re: [AI analysis] BTC Price Stats on: September 15, 2023, 08:07:37 PM
BTC Price Statistical Analysis.
https://heartbitintro.oopy.io/



"Please be aware that you are solely responsible for your investment decision "

This is what I was greated with when I clicked on your link to try and find out what this all about. I tried to copy it directly to quote for reference but I wasn't allowed to do that, why?

I don't feel comfortable why I get such warning so accessing the site further, I got discouraged. So why not paste your discussion here yourself for contribution.
50  Economy / Trading Discussion / Re: Opinion Piece. Please share your Opinion on Crypto trading Questions on: September 15, 2023, 06:17:23 PM
2. Do you only trade Bitcoin or you trade Bitcoin and other cryptocurrencies?

Before I used to trade a variety of coins depending if there was a profitable opportunity, but as time progressed I decided to focus on trading only one coin "Bitcoin", and to be sincere I saw tremendous success with paying all my attention to one coin, and with time I began to understand Bitcoins behavior and they way to react with its price movement.

I also feel what you are saying here. Trading only one pair is really of advantage because it gives you the much time needed to focus on it, you will have time to read your chart and analyse properly to get a maximum benefit of it unlike trading multiple coins just for greed and yet there is possiblity that at the end you lose both multiple trades. To trade a pair and focus on it gives you concentration to monitor it incase the trade is going wrong you can opt out or you may want to adjust your stop loss or take profit parameters. I have witnessed this, to trade few pairs gives better focus than having multiple pairs which effect is greed.
51  Economy / Trading Discussion / Re: Honest question, what to think about “crypto” affiliates or influencers? on: September 14, 2023, 10:43:54 PM

Cos why take so much trouble if you are already making money with your trading? Of course not everyone is a trader, but…


They may only be doing that as profession and getting people to be interested. They are influential people who already may not necessarily be traders but are interested in getting some profit and royalties from trading. It is also like in soccer bet that someone invite other people in groups like telegram to sell prediction for them. The same question is also asked why they can not use that knowledge they have to bet and win big all to themselves but because they are not guaranteed about such winning, they sell them to others. That is same as what happens with trading call groups.
52  Economy / Trading Discussion / Re: Best Indicator for Trading in Stock Market on: September 14, 2023, 02:34:47 PM
You can try using the Macd indicator it is a great indicator when it comes to trading the stock market .Try combining it with areas of value such as support and resistance to maintain consistency and make more profits from the market.

Really MACD is not a special indicator when it comes to trading or stock trading for that matter. I think it is better to keep support and resistance ar the forefront because price have stops and continuations which is best described as retracement. If you are able to spot on retracement with your support or resistance then you can better make more profit and less losses since you can jump out faster than the retracement start coming or you can better put your stop loss or take profit around the area.
53  Economy / Trading Discussion / Re: Never Marry a Coin/Project - Practically Example on: September 14, 2023, 01:45:37 PM
This is his own story. Most of us are blaming him probably because of the size of his investment and how much has come back as profit at the time which I think is not more than 1,000 percent increase. So just like him, some of us here too have been such a "fool" to the marriage op is talking about. I believe we have invested in cryptocurrency and at the long run fell on the bull trap. I have read some stories like that and that will keep happening when we are greedy and estimating the range we want price to get to before getting out but we are blinded by greed from seeing that the price have been overwhelmed, over stretchd or oversold of which the next step is retracement that you never can tell the support area. Always trade with the chart and and nothing wrong with running away with profit to have your peace. I don't wish to lose that much, hell no.
54  Economy / Trading Discussion / Re: FIBONACCI retracement Tutorial on: September 13, 2023, 07:40:58 PM

How I apply this is same as you have explained: draw the Fib from swing low to swing high and wait for price to hit the  50% to 78% region, then I buy.


Does that mean fibo has no specific application of it because from this point it means someone else could draw it upside down or different from the way you have explained it. But what will happen if the price didn't hit those areas you pointed out and reverse again to continue direction already following, what will happen in that time? This is a very technical indicator to use, it would would have been better if it had a determined area of drawing or use because from what it is, anyone can decide the way they want to draw it depending on what they feel.
55  Economy / Trading Discussion / Re: If you had AI day trade bitcoin to make profits on: September 13, 2023, 06:47:59 PM
Your question is also what going on in the minds many but you were about to put your question into writing here. Everyone want easy money but it doesn't come that way you want it. If you ever find such Al trading bitcoin profitable, you won't release it online so also others. It is a difficult and Al are not reliable in trading. Try to learn best way to trade and profit from it. People who have secret to make themselves rich won't like to get you involved in it.
56  Economy / Trading Discussion / Re: Are Technical Indicators useless? on: September 12, 2023, 11:30:44 PM

Trading is basically done with market analysis, so if you don’t do the basics and just trade along with the indicators then no one can save you from getting into losses.

No hasty trading because hasty trading is likely to put one in trouble. So you have to do analysis of what your indicators are telling you against the market and you watch different time frame too, candles are also good for a good understanding of the market. Basically you have to understand the market using simple indicators to analyze the market so that you can ride it easily. But jumping in without proper analysis, you can't be lucky all the time.
57  Economy / Trading Discussion / Re: If they have the ability why would they sell? on: September 12, 2023, 05:54:10 PM

My common sense is asking me why will they create such group if they know how to be pro traders already? Like why can't they keep this to themselves and keep making their money? Why are they trying to help and getting subscribers in return? Just my own common sense like I've said. What do you have to tell me?

Or they do it for free right? Yes so. If their motive is to help people in trading better and make profit so why do they charge fees and to make matters clear that they are only going after the money, they also have different version of packages that you can register with them like their could be premium subscription, VIP, VVIP on the group. They are just traders who couldn't sustain the heat of loses and they are after hitting back on the market through subscription.
58  Economy / Trading Discussion / Re: Are Technical Indicators useless? on: September 12, 2023, 05:26:26 PM

When i look at past data manually, it works smoothly but this data retrospective and indicators can't drawn in future.


If you want to know what market is likely to do in the future you use longer hour time frame. Weekly and monthly market watch is very important in this. Although the direction can change with news and the whales manipulation which are all part of the trade which makes trading what it is. No technique in trade is perfect to 100% but if you can get accuracy of 50 to 70% then support your trade with stop loss and you are good.

I wonder is there anyone who succeed on trading with indicator/combination of indicator/special strategy.

I'm open to discuss all ideas.  

Combination of indicators is good because it help in guiding you towards market direction. For example you will be riding on the market like you are on the sky with some gadgets giving you hint on where you are, that is just like trading with the right kind of indicators but to cluster your trade with indicators is to confuse yourself. It is better with few combination of indicators than to cluster yourself with indicators.
59  Economy / Trading Discussion / Re: Opinion Piece. Please share your Opinion on Crypto trading Questions on: September 10, 2023, 07:03:37 PM

1. Who is a crypto trader?

That person that trade cryptocurrency for profit by buying or selling it depending on the direction of the market.


2. Do you only trade Bitcoin or you trade Bitcoin and other cryptocurrencies?


Any pair that has possibility of profit but most times btc pairs.


3. How many trading strategies do you use and which is your favorite?

One strategy at a time


4. As a crypto trader, do you focus on technical analysis only, fundamental analysis only or you rely on a combination of both to informed trading decisions?

Both TA and FA


5. As a crypto trader what is your favorite crypto exchange you use for trading?

More of Binance, I don't like to be confused  Grin


6. Are there other ways you trade crypto without using an exchange ?

Well it depends, if you consider P2P or arbitrage.
60  Economy / Trading Discussion / Re: HOW DO YOU MAKE MONEY WITH LESS MONEY? on: September 10, 2023, 03:33:05 PM
Maximize Risk-Taking:
Be careful of high leverage, they can end you and put you in debt even before you make any real profit from trading.They are attractive but also dangerous and should be avoided by every trader especially the inexperienced ones who are just new to trading. Risk is encouraged, but it should not be taken blindly when you as a trader know that you are not in a position to handle the dangers that come with taking risk.

Maximize your risk wisely.

A new trader needs to ask questions about leverage and risk management because it has direct effect to the capital you are trading with and any mistake on any wrong click means that the account is affected if the market goes against the trader. Hence, it is better to trade with low leverage because it gives you time to build your account by gradually picking your profit and learning at the same time because as you trade, you see your mistakes and you correct them in the next trade order.
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