Things will be easy if you have a rule book as your guide on trading. Most of professional traders have this kind of tools so that they can stick to the plan no matter what will happened on the price. Pro traders don't trade with emotion but rather they will set everything such as stop loss and target take profit by the time they open an order. I don't see any pro traders that always watching by the time thy open position but rather they this before they open position to make sure there will be no problem.
Pro traders do have some guidelines or rules that they should never break. But it's not easy to really stick to a written strategy if psychology can't be controlled. Even TYrade pro still has psychological problems which will certainly have an impact on trading. and the important point is capital reserves and capital management. Trading will be calm and according to the rules if there is a capital reserve to buy at a dip price. The use of stop loss and profit targets can be very helpful. I think strategy and tools develops with time like the market. You need to be on top of the game non stop to be in profit. And controlling emotions is a must to be succesfull. |
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I have a feeling that for now most of NFT tokens are a promise. A lot of NFT that are about now have their token in the making for near future. I think we will see what will they bring to all space.
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In futures, you just got to have USDT in order to trade many coins as you want. How will you get USDT? You can use your Bitcoin to buy USDT, after that transfer it to your futures account (correct me if I'm wrong). How does it work? For example, you want to trade BNB/USDT, you predicted it is going to dump so you enter a short trade, but it didn't, so you will be liquidated depending on the leverage you put and the margin you chose (either Cross or Isolated).
Your liquidation price will also depends on your funds as well, usually bigger funds go with cross margin while smaller funds goes with isolated margin.
I'm kinda happy that I use binance for leverage trading since I can't go over 10x. For me short trading is where the money is, since not much people short the market. |
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Joan Laporta, chairman of La Liga football giant Barcelona, said in an interview: Recently, blockchain products and services such as NFT and Metaverse have received a lot of attention, and we should be able to provide our members and fans with Digital products that align with club values and create a fun emotional experience.
In addition, Laporta also announced that the club is looking into launching its first series of NFTs in Barcelona as soon as possible, but did not provide further details on the subject.
It is possible that Barcelona will launch a cryptocurrency issued by the club itself, rather than the already available fan token issued in partnership with Socios.
That's really a huge news for Barcelona fans. First it launched the token and now the NFT. Things are looking good for Barcelona fans. I am not really sure what Metaverse has in store for Barcelona but as far as NFT is considered it can launch a lot of varieties in the NFT space. I am quite sure that when it does launch the NFTs it will be a hit and they will probably earn in millions for their NFTs. With problems Barca is facing now this is a good way forward. I think it will be a success for them. |
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Well even though the story may be hard to believe we can't deny the fact that we have some lessons to learn from the whole situation, trading requires skills, and for anyone to be able to trade perfectly we need to have build trading skills within some time. You may face some losses at the early stage but then we must persist and learn along the way, once you can master the trading skills and haven't practiced it for some with steady profits after then you can start trading with a huge and last fund such as $400 you mentioned.
From my experience best and fastest way to learn is playing with real money but with small amount. You remember better when you lose your own money. |
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don't trade Ethereum to buy Dogecoin and Shiba Inu because their hype won't last long. keep Ethereum and other potential coins in your portfolio list because it can provide many benefits.
I'm not discussing how to sell them (DOGE and SHIB) because they mean nothing to me.
ETH BTC SOL ADA all are better then those two. Buy a coin with real use and good future, don't gamble on meme coins. |
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It really depends when you withdraw all top exchange are good but it really depends on the general traffic.
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Monitoring your activities is always a good one, and you should always know when to stop even if you still have the capital left. Thanks for sharing this tools to easily monitor your wins and losses, this can be a big help if you do this correctly. Though, you can’t fully depend on this better to setup everything before you start trading or even in gambling, and commit to that so you can avoid further losses.
Even with all this there is needed a lot of strong mind to stick to it. Just sticking to it can separate you from loser or winner. |
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Can someone explain the reason for not one of the Defi project with all the tokenomics and staking thrive a little in this bear market.
I guess the Defi hype has passed and now the defi follows the market movements and that's a normal thing after the hype period. |
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This type of projects brings fast money if you know your ways but not advisable for newbies, some projects only deserve your money for few weeks and take instant profits once you see their volume increasing, it's why I made much money from meme coins this year, I knew they are not good but still invest and took profits asap.
I did similar this winter with p2e games get in early and get out after some time. Long run bad investment but makes profit in short term. |
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Those gold days for Doge investors are over, now it is time for NFT and trending Metaverse tokens. The situation will be more clear after settled dust on altcoins, currently bears enjoy the lower prices while bulls keep looking for opportunities. It is matter of time, Dogecoin will hit ATH again but timing can be speculation.
For DOGE to reach 1$ i think we need to see BTC over 100k and rest of altcoins to follow it. But it will take some time. |
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I think if you are someone who is in it for the long run, then it’s better to hold on to your coins with your hardware wallet or something. Because you can never have control with your coins if it is in a centralized exchange, I think it’s not just CEX But also just centralized exchanges in general.
You wouldn’t have to worry too much if you are not doing anything wrong it’s just that it is a good practice to hold onto your coins for yourself.
This is good habit to have but tbh I never used it. I don't have much money but I keep it on binance. I know isn't smartes way but I didn't have any problem. |
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I very much disagree with your reply on ICOs. Everyone is aware that much of the ICOs from before 2017 have died, however, the ICO as a democratic method of fundraising a project will not die. It will be called something else and be made to appear like something else but it will be an ICO.
I stand to be corrected. As far as I am concerned, pretty much sales that are going on now are on IDO compared to ICO. While my point, ICO in a terminology way is left behind compared to what most people doing now which is IDO. But one thing I can be sure of is I also believe the crowdfunding method that started with ICO, and now some people said IDO as a successor of it is worth attending, per se. I kinda think NFT's are new ICOs where you buy part of project and get some royality holding it. It's good concept but there are a lot of scums. |
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If you do bounty in a good way you can expect great results. I did PYR Bounty last summer and it did so good with it now it's one of best metaverse projects.
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You only do day trading on an exchange where you can freely trade without any restrictions, so if you want to buy other token that is not available on your trusted site then you have no choice but to open an account to other exchange or use DEX, this will always depend on you and depends if the new tokens are worth buying.
Day trading is not easy especially if you use many exchanges, I'd rather focus on one exchange and do my work there.
Exactly. I don’t know why OP is stressing on multiple exchangers to day trade? Day trade is nothing like you buy on one exchanger and then sell it on the other exchanger. It’s completely wrong order of trading. Day trading is product of your intense timing, research on the project, and technical analysis. You don’t simply need more than one exchanger to this. It’s just that in day trading you have to be very quick while making the trade. Things are wild volatile here so rest is the story. Keeping it simple as possible is a way to be good trader. Being on exchange you trust and doing your thing is good enough. |
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This may result in a scam so I will suggest no one should take this seriously as there is a high possibility of being scammed, before any deposits to a strange trading site make sure to do your research and try to avoid the scammy tricks.
This is not 2017 we have so many big and trusty exchanges so there is no need to try new ones which don't give much reasons to trust them. |
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At this time, if we look into the CMC price chart, we can just see that only Terra Luna had changed to green and moved upward while the rest are still in red lines. I'm not discouraged seeing them in red coz I know that this will sometimes occur even though we don't like it as this is normal due to the fact of its volatility feature.
We can't just lose our hopes easily, we can surpass this sentiment in a given time and that only happens if we have patience left inside us.
Crypto follows normal markets and what happens in the world but also it recovers faster than any market. I think we will see real use of crypto coming with all stuff happening around. |
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hello to everyone, i have found pipeflare i have put 10usd to it to give me some more drops ( i have regret that) and it drop some small amounts everyday for some coins....
i wonder are there any free drops ( i dont want to pay for membership or pay at all) in any page? feel free to share tha page and some info ?
i also like the bc game which is like gambling but i dont put money i spin and win some shit altcoins where nowbody know them haha
so whats your favorites pages or apps for free drops of any altcoins ?
try looking for bountyportals in telegram they have a list of airdrops from time to time and also some other stuff where you can earn for free. |
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No one will fall for that, any who find it interesting you just have to be careful because you might be scammed, so I will advise you to continue using your wallet.
I really hope people don't fall for this. Expecially in this forum that is source of crypto since begining. |
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Bitcoin is becoming more and more popular, but that doesn't mean everyone is savvy enough to use bitcoin, sometimes they are not ready to accept something new like your boss, not to mention where you are working and living bitcoin is legal or not?. The value of bitcoin does not always grow, in the short and medium term bitcoin price is still falling. This has many people concerned about how the price of bitcoin will affect their daily lives and businesses.
If we talk about legality of Bitcoin then there are not many countries where Bitcoin is legalized. Apart from crypto community not many are crazy for Bitcoin specially receiving there pay cheques in the form of bitcoin. Since we need fiat for daily living and nobody wanna salary that is 5000$ in the morning and 4600$ in the evening (though it can go up also). I invest in bitcoin but only my savings, all my daily matters are done with fiat as all rest do. Yeah I agree with you. Working for a month and then getting payed and seeing losing money in couple of hours is bad. I think people should invest alone if they want and how much they want. |
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