I usually don't use any indicators for trading. I try to trade with small amount of money. By trading I try to gain experience about trading rather than making a profit. In this case, I follow various positive and negative news about the market. If we see positive or negative news about a particular coin, I usually trade based on the positive and negative news. Right now I am doing trading with small amount of money and by doing trading with small amount of money I am getting enough experience about trading which will help me to become a full time trader in future.
to become a fulltime trader I think it requires good knowledge and experience, I think just observing the news is less helpful to validate our analysis, it is difficult to do for short-term trading, because sometimes the effect of news is not immediately visible in an instant. unless we really use fundamental analysis and aim to do long-term trading, it might happen. but unfortunately there is a lot of news that does not match the developments that are happening, and of course that is what we have to consider |
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I would say, it depends on what we can do. If we haven't been able to analyze the market very well and produce results, then trading signals can actually help, as long as we don't depend so much on these signals and don't trust these signals 100℅ Because after all there is no signal that works 100℅. For this reason, it is obligatory for cities to have this understanding before deciding to jump into the world of trading. Because after all this is very risky and not easy to do or decide. In this case, how can we take advantage of every moment to be very good at analyzing from various sources and starting to narrow it down to get the right decision at that time.
indeed after all knowledge about trading will be more useful than trading signals. but to gain knowledge and experience requires a process, even a long process to go through, because it requires complex understanding. but also not all trading signals are bad, but we must be careful to choose them so that the signals have a greater percentage of profits and can trade healthily |
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I completely agree with you, because it’s like an inflatable balloon, as long as there is a hype on a meme coin, this balloon inflates, as soon as the hype passes and this coin is not technologically backed up, this balloon bursts immediately and with it the price drops instantly. Many scammers are heating up on these price fluctuations in the markets.
that's what i have seen it so many times. The fact that if the scammers will be massively made stupid shit scam meme coin. The hype for meme coin was just happening in short term. No reason to call that if the hype of meme coin will exist forever. Meme coin was only a place for scammers to fool the stupid investors who played with it. There are still many stupid investors in crypto. but it is undeniable, the existence of meme coins seems to be an attraction for investors to win the lottery, which becomes a problem if they use their full capital to invest in meme coins, as if they don't appreciate the capital they have. imagine if our capital increases by thousands of percent, of course it is difficult to blink an eye, as if getting a windfall. however, we need to remember that meme coins are not a place to actually invest, so be careful, especially for new investors who don't have enough knowledge |
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for me trading capital and investment are separated. so the capital to invest and buy coins when experiencing a decline will be different from the postage that is used for daily trading, that way we can control our psychology so that we can be stable and stay focused on our goals. on the other hand the capital for trading is smaller than for investment, considering I am just in the process of learning trading, so as much as possible whatever happens I don't hold on in the long term to trade even though I have to cut losses, because I start instilling in my mind that opportunities will always there, so trading is not just for one transaction
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if we observe, indeed coin memes have their own era, so we must be able to make good use of the moment. when there is a pump, as much as possible we have started selling it, because we don't know how long it will last, so we have to be able to control greed. many investors slip because of their own greed and expectations, so that what happens is actually beyond their expectations. it looks like the crypto world with meme coins will actually shine, because there will be more debate and this will become viral in the cryptocurrency world, afterwards of course there will be many stories to say that the crypto world is fraud
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When I looked at the title, I thought, "Oh, it would be interesting," but no, it has to do with waiting for the meme. It's not safe to expect the meme to pump rockets. When looking at the prices of these charts, the hype is that they are no longer evidence of their pathetic prices. So there is no reason to invest in these high-risk coins.
Investing in meme coins is very risky and it's definitely not worth it to me, lots of potential coins really worth to invest in which the possibility of making profit is much bigger, it will be safer to invest in top coins. With each every form of investment, there'll be risk associated. With cryptocurrency based on the high volatility, iit is termed to be even more risky than other traditional methods of investment. Among the cryptocurrencies, memecoin investment were even worse. It gives the best profit as well as ends an users entire fund without profit. With memecoin investment we need to be lucky to profit good out of it. As said top cryptocurrency on the list will always the best to lower the risk. Whenever we prefer to make an investment into memecoins, it is good to spend spend what we can afford to loss same as what we do while gambling. If we were able to get good profit by the bullish move or in the short term just enjoy it or reinvest in something potential. investing in meme coins is like gambling, because the risk is higher than investing in major coins. but for speculators this can indeed provide a satisfactory return, because the increase can occur thousands of percent. so we must be prepared to experience a loss of capital if it does not match expectations, and of course the market fluctuations are very high, to the point of creating heart exercises for investors. investing in meme coins but thinking it is a lottery may not be a problem, and of course investors should be prepared for anything that happens |
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for short-term trading, I think it is suitable every season, but indeed for the long term I think the bearish season is the right time to buy coins. it's different with daily trading, where we look for opportunities to make a profit every day, where many opportunities are found on smaller time frames, if we look at the 1H time frame, you will see a lot of support and resistance formed, and that's where we can analyze it with various methods, for example using mastered indicators
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I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
Buy a little at a time and do not make investments in a single project, maybe 2024 could start the new bullrun, if you want to invest in new projects let pass sometime before buying, usually new project are super hyped and much more manipulated by whales and team Everyone who is in crypto currency for sometime already know this that bitcoin will have its bull season after the halving, the bitcoin can reach another high in 2024 or 2025. Due to this reason, i am sure to see another bull season within two years time. Now you can invest any amount in bitcoin right now and you will grantee get 3x to 4x return within a span of only two years. No other investments can give you this return. buying in installments is indeed very profitable, especially during the boom season like now. as long as you have cold money, that's a very good thing to do, especially now that the price is still in the consolidation phase, so it's an opportunity to make a profit if you can dismantle the resistance defense later. and if the price breaks the support we are not too worried, because we have planned to buy every month, so we can still buy at a lower price, until it's time to wait for the bullish season to come and we can harvest it |
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to start trading with a capital of $ 20, I think it's a normal thing to do. My advice is that we should be based on the percentage of profit, remembering that if we look at it in nominal terms it will feel very small, and this can damage our psychology, for example if we profit 20% in a month, in terms of percentage it is already a good achievement, but if we see the nominal is only $ 4, so don't think that working 1 month is only enough to buy 1 pack of cigarettes, but we must be aware of the amount of capital used, and the consistency of the development of our funds
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There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I think such guidelines depend on the point of view. but what is clear is that we have to spend money according to our needs, and save or invest for the rest, so that with investment our funds can grow later. when viewed from a spiritual perspective, the more we spend our wealth on the right path, in the sense of helping or giving alms, then it will not make us poor, it is difficult to explain logically, but many people experience it, where the fortune is actually there will be more and more, and the person gets inner peace in living life, in other words his life becomes a blessing, not only for himself but also for others |
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The impact of the country's crypto adoption can be overwhelmingly positive. As the increase in finance offers financial opportunities to individuals who do not have a bank account, Or like reducing transaction fees, especially for cross-border transactions. In particular, privacy and security give individuals greater control over their financial transactions and protect them from identity theft or fraud. While there are good sides, there are challenges and risks involved, such as concerns about crime, money laundering, and the environment.
Every policy certainly has a good impact and a bad impact. cryptocurrency adoption can be a good choice with all the advantages and convenience, as well as speed. moreover, we as modern people will certainly greatly help our daily activities which are increasingly busy. however, there are indeed some weaknesses that are of concern, where there are many cases of drug transactions, up to money laundering, and if the legal rules are not clear, then if there is theft, it will be difficult to resolve it through legal means, in other words, the risk is borne by each |
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so far there is no desire to move and live abroad. I am more comfortable living in my own country with various customs and cultures. it's hard to leave the habits that have been ingrained since childhood. Even though I will have a lot of money overseas, I can't afford to start life in a new situation, so I have to adapt. this is because the main thing is that I am already married and have children, so I learn to be grateful for what I have now
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One of my close friends his name is Naher. He came to visit my house. Once while discussing with him, I mentioned the name of bitcoin. He wanted to know what bitcoin is? I was telling him that bitcoin is a digital cryptocurrency coin launched in 2009 by a man named satoshi. I tell him Bitcoin has been around for 14 years. I give him more idea about Bitcoin. At one point he expressed his interest in investing in bitcoin, I told him that there is a possibility of not only profit but also loss from investment.To invest you have to take risk. My friend invests in bitcoin knowing profit loss. He works for a salary of about $400 per month. He invested about $500 in Bitcoins. I didn't show my friend interest in investing in bitcoin. He himself knowingly invested in bitcoin.
Did I give my friend the right advice?
You have given him the right advice he needs to hear. Maybe it’s already his own decision to invest with quite a bigger amount knowing he earns only $400 a month. I just hope he is aware that he can lose all his capital if he makes a single wrong move in his investment. However, for sure he will also learn something if he will lose his money in this investment. After all, losing is inevitable, we just have to be more open minded about it not just for bitcoin investment but even in other investments existing in the market. if he has studied about bitcoin and decided to invest, then it is not our fault if something bad happens. Of course, as long as he studies it, he already knows the consequences that will be borne if something bad happens. but actually there is no big risk when investing in bitcoin, only those who panic who experience losses. as long as investing can be psychologically controlled, I think the money will be safe even waiting for the bearish season to finish, and unfortunately no one knows how long it will end |
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But the main thing is that bitcoin is still illegal in our country, I invested bitcoin very carefully.
Lately I think it is better to invest in bitcoins than depositing money in the bank. Day by day people have lost trust in banks. It is heard that many banks are going bankrupt and closing down.
In fact, there are many cases here like you, that they live in a country that until now has not provided access to permits for Bitcoin / Bitcoin is still illegal, but they just maintain their consistent belief and attitude towards Bitcoin because basically they know about goodness. as well as the satisfaction they will get from Bitcoin, so far for me Bitcoin is still way ahead of me than I have to put some of my money in the bank. Most countries have not legalized Bitcoin but Bitcoin is now transacted in most countries. The government of a country is faced with various problems such as opposition party or public opinion etc. Today, even knowing the benefits of Bitcoin, the government is being given an illegal title. Even if the government legalizes Bitcoin in some countries, the opposition parties there can use it as their political weapon. There are various issues where the government has to understand. So personally I think it is better to raise individual awareness. No one else will ever take the decision to change your destiny, you have to take it yourself. To keep yourself financially independent and secure , I think there is no alternative to Bitcoin holdings. even though it is legalized and the government will not be responsible for anything that happens, then bitcoiners must be able to bear their own risks, therefore it was once a haven for fraudsters in the crypto world, because there really is no definite law. and of course it will be a way out for other crimes of officials. therefore because it is growing rapidly to date, it is necessary to teach children so far, so that later they can keep up with technological developments, in order to face their future |
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Very interesting to follow regarding the distribution of assets, including crypto assets such as Bitcoin. I think this can be a complex issue as well. If an asset is not disclosed during the divorce process and is discovered later it can affect the process of sharing the property together.
My point of view, in seeing this, I see more about the next journey after which if they have family members, in this case they have children. I think this step is right in the context even though the wife is from among those who are proficient or not familiar with crypto and it is worth fighting for and done fairly because it will help meet the needs of their children. they also have rights, for example the smallest right to get a proper education up to university.
during this process, of course, there will be a distribution of assets, but currently many countries have not legalized bitcoin, so if you still use cryptocurrency, the law will be weak. but before entering into that realm of course there will be mediation between husband and wife, moreover if you have children, of course both parents will still love their children, and this can be useful for their children's future. it is difficult in such a situation, but of course all problems will have a way out, so both of them have to lower their respective egos |
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~~~
Nah. I was a bitcoin holder periodically and kept it. And I will say that this is the slowest way to earn money. Let him be the calmest at the same time. Altcoins may die in the long run, but not bitcoin - the icon and the number one currency. I'm not belittling the value of Ethereum, but bitcoin is bitcoin. How am I increasing my Bitcoin mass now? Bitcoin trading. Transition to the usdt and back. Attempts to guess where the bottom is and where the maximum is. The truth is there are not many ways to multiply our bitcoin, so either people stop being holders and they become traders trying to time the market and open and close their positions at the right time, or people could also begin to lend their coins. However it does not matter what option people select to try to multiply their coins, those which want to do this will have to accept a higher risk by doing so, and while this may not seem like a big deal, it is, as if you do not change the way you approach the market you could find yourself losing a great deal of money instead of earning any. As an investor, of course, you are ready to wait for years, and I think it is passive income that is difficult to rely on to meet your daily needs. however, with trading we will be able to multiply money more easily and quickly, but must master the science of trading, or take greater risks. and what is expected is that there will be many transactions in the bitcoin market, so that there will always be price fluctuations. both have their own characteristics both trading and investing. so that we should be able to judge ourselves which step to take |
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The problem is that most of the people in crypto see Bitcoin as an asset like a stock to invest in and then sell later. No one even thinking about the future of Bitcoin as means of currency. Bitcoin was created NOT as an asset, we use it as one, it was created to solve a banking problem and create money of freedom that can't be faked and printed. And somehow people are literally forgotten about this whole point of Bitcoin.
I've read the opinions of several people in this thread. And I think the people who see the positives about Bitcoin from the good news are those who are not seeing the reality of what is happening in the cryptocurrency. I have a question, how many people see Bitcoin as a medium of exchange and not as an investment asset that is bought at low prices and resold at high prices? I believe that almost everyone sees Bitcoin as an asset. A lot of news about people who have regretted selling their Bitcoin at the price ten years ago when looking at the current price. Or news about someone who has bought BTC at $10k and managed to sell at $30k? Doesn't that sound like an asset rather than a currency? Is BTC as a crypto currency currently shifting to become a crypto asset? I doubt that won't happen. it is undeniable that there will be more people who think that bitcoin is a place to make money and can realize their aspirations as rich people. those who preach that bitcoin is not worth it as an asset are a line of hurt people who may have experienced a loss from a bitcoin investment. but I don't blame them because everyone will have their own judgment about bitcoin. and usually those who are unstable will feel disappointed when bullrun comes, and of course they will feel ashamed of themselves |
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I saw this as a memes on a social media platform which created much laughter amongst many person's with funny comments that followed. But let's view it the other round in real sense.
To be honest, this really happens. This meme may really happen to many people. But the problem is not on the cryptocurrency, but on the peiple itself, because they may nkt really understand abiut cryptocurrency but they are investing too much without good mamagement and knowledge, and they lost highly. But if we are ready enoguh and have good at it, it can be vice versa. Many people arw alaos rising up because kf cryptocurrency, like from zero to better numbers, tbough not to hero, but the life is muxh etter because of cryptocurrency. And I am experienicng itself. So, juat choose what you want to experience. true, many people join the crypto world because their ambitions are too big, and their excessive belief will get rich easily, until finally without thinking about investing without knowledge. what happens next is exactly the same as the meme above. but in fact there are also many people who suddenly become rich because of luck, and because they are indeed smart investors. so it's no wonder that many people say that the market is cruel, because if it moves wildly, then we will get stories of people who have the opposite results. |
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the position that made me make big profits is related to the season. in the previous bullish season I sold, where I bought it in 2019, so bought during the bearish season. the maximum profit I got for buying at a low price, but did have to wait a few years to sell it. in long-term investing what is needed is good emotion, where we can control it to sell it on time and of course we will buy it on time too. but I do it gradually, both buying and selling, so I can get a decent price, I usually place sales on pre-formed resistance, so there are several areas that can be made for sales. Likewise, support is used as a reference for buying areas
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