I had to trade both in forex and cryptocurrency markets. Personally, for myself, I have identified one main difference that greatly affects the manner of trading. This is volatility. In the crypto market, the entire market is based on the price of bitcoin and most often follows it. Bitcoin, in turn, is an extremely manipulative asset, which creates enormous difficulties in predicting the movement of prices.
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Trading is a very complex and responsible discipline. You will have to sacrifice a lot to become a truly sensible trader. Long-term trading is probably the most difficult thing in trading, because it relies solely on your patience. I would start with short-term or scalping in order to thoroughly study market trends.
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You are scattered with loud accusations, but at the same time you have not brought any evidence, either one way or the other. I have heard a lot of dubious about this exchange, but no one will listen to you without bringing strong evidence. The same goes for accusations towards high-ranking forum participants. Argument your position as it should, otherwise it is idle talk.
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It's a lifesaver, you use a stop loss to not sink. It's a good trading tool, it should be used for almost every trade, we can't predict where the price is heading next. It's better to get out from a sinking ship before it touches the bottom, and if you think that ship can recover from that you can buy back what you sold. It doesn't work all the time, but it's better to be safe than sorry.
I agree with you. The key here is "In every trade." It happens that everything goes so well that at some point you simply stop using this function, since setting up the next stop loss seems pointless, because the price is always moving in one direction. However, it is precisely at these moments that events occur that can upset you very much and take away a significant amount of profit if the trend goes in the opposite direction and you are not ready for it.
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TabTrader is perhaps one of the best programs that I have had to use both for trading and for holding. I use this convenient application in combination with Blockfolio, in which I track the value of my crypto assets. In the TabTrader application, I set alerts to learn about the growth or decline in the price of my assets.
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Everyone has different life situations. But it is obvious that everyone would like to be lucky to have at least some part of bitcoin since when it was cheap. Now the situation is similar, we do not know what will happen in the future, but Bitcoin now shows enviable stability, it does not fall down, which means that strong growth in the future is not ruled out. Worth to be patient.
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I believe that we are still far from an economic system in which there will be no cash equivalent, but now we can trust our future systems with unconditional basic income. Now, it seems to me, the most important thing is to save mankind from the constant struggle for survival, and to set it more difficult and interesting tasks. For example, the fight against diseases such as cancer.
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Btw, i recently got airdrop token, which is exchange token, BPX?
Do you guys think that this kind of token may have a good value or nothing?
More like some kind of promotion from newbie. However, with regard to transactions, I would not consider increasing their number as an obligatory factor indicating future growth. In the past, this has already happened, and by no means always these seemingly positive events have been followed by growth.
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hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends
How many times do you see +250% pump in 15 days without any significant correction? This pump was crazy. Pure manipulation. Don't expect x4 soon ... it will not be recover to average price (average price of last 6 months is around 150 sat - 240 currently). It will be comeback from average price to crazy price. This dump (-66% in 35 min) will scare any investor away for next few months. At least in my opinion. I suggest avoiding gambling on MATIC currently because i would not call it investing/speculating in such circumstances. I completely agree. There are no pumps without corrections, moreover, MATIC has shown very strong growth over the past two weeks, so a correction is expected. The fact that people now want to buy in the fall seems to me reckless, for the frequent correction continues after this kind of recession, people who come in now are at great risk.
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The teaser uses various blockchains for its tokens, for the convenience and expansion of its influence. Initially, the token was Bitcoin-based USDTether issued via the Omni Layer Protocol, and it has gained tremendous influence. However, to increase speed and convenience, the company decided to expand and created the Ethereum-based Tether, compatible with the ERC20 standard. I suppose you already guessed that the company decided not to stop there and expanded to another platform - Tron. Which now allows you to capture even greater market space, including exchanges on the Tron blockchain. The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralized Applications (DApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network. sourse
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Well for me, ICOs are now dead. All great developers aren't interested in developing good projects since the cryptomarkets isn't performing good since the price of bitcoin affects the cryptocurrency economy greatly the IEOs is basically pump and dump scheme most of its projects are shit only few projects in IEO are promising but i doubt that it will prosper.
Quite controversial statements about the current market. In your opinion, the developers, seeing how bitcoin has grown over 10 years from zero to $ 7000 (at the current rate), believe that it’s better not to continue next? I doubt it. Good projects continue to improve and develop new products, this is in no way connected with the speculations that occur on the market. Even if the price drops for $ 1000 per bitcoin, serious guys all will continue their development exactly because they believe that the future is not in money but in the blockchain.
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We need to go a long way from accumulating and tracking the market, to full readiness for profit taking. In this case, it is best to pre-calculate the mark at which it will be comfortable for you to close most of the transaction, and you can risk the rest, preferably not so much that would be offensive later.
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I think this advice has already sounded, but why should you buy one of these coins? Why not just invest in bitcoin? Since you really want to throw money into the altcoin market, I can only recommend LTC. This is the coin closest to Bitcoin, which means its chances of survival, in my understanding, are significantly greater than other counterparts.
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I stopped preparing and waiting for something. The crypto market obviously does not lend itself to normal forecasts, especially short-term ones. Therefore, I decided to change my profile and channel part of the investment capital towards work projects. That is, I prefer to invest in business and projects that in the future have every chance of a breakthrough.
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Over the years of using cryptocurrencies, Metamask has become the most convenient option for me. The interface allows you to access and generate an unlimited number of wallets. It is also convenient to connect to dApp through it without the need to enter private keys.
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I stopped preparing and waiting for something. The crypto market obviously does not lend itself to normal forecasts, especially short-term ones. Therefore, I decided to change my profile and channel part of the investment capital towards work projects. That is, I prefer to invest in business and projects that in the future have every chance of a breakthrough.
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1. Because not all altcoins end in failure, therefore there are still very many investors who want to make an investment because in investing we cannot predict 100% whether altcoin is making a profit or a loss. 2. we can't blame the developer because the success of an altcoin depends on the investor.
1. The vast majority of altcoins end equally - a complete failure. The vast majority of really good altcoins are on the verge of failure, at least in the eyes of investors who invested in them. 2. Success depends on many factors, and the primary ones are not investors, but team work and project development. As soon as the team stops working, the price of a coin falls off.
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You are probably right. It makes sense to keep a little different coins. Most of them, of course, will sink into oblivion, however, those that remain can rise in price by so much that it will cover costs many times. But you can’t keep all the coins in your assets, and which one will become the champion is not known. In view of this, you should not take risks and spray too much.
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