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Technical analysis is applicable in all financial market, there are trading strategies that are applicable in both cryptocurrency and stock market. The best way to learn technical analysis is by watching webinars, I often buying webinars because I always investing in knowledge. I want to become a better trader and it is the reason why I keep seeking in different legit information.
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It depends largely on your knowledge, ability and ability. I suggest that you study the market well as the analytical skills necessary to become a trader. Next, you're going to hodge. If your concentration can be guided, this one is for you. But if you're a little impatient, try daily trading, so you'll immediately see your earnings. Seeing your profit, no matter how low it may be, will motivate you in this industry somehow and give you a confirmation that you really are for this. There is no loss in trying anyway. Remember: experience is the best teacher, and the wisdom you acquire from practise is already a priceless benefit in itself, even if you lose in trading.
The trading style is depends on what we used to learn. The most important thing that we should always remember is we should use the trading strategy that can help us to earn profit. If the long term is more better fof you then you should use it and ignore the short term trading. But if your a type of trader who doesn't have high patience then short term trade is for you. |
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If I would between this two then I definitely pick IEO over ICO. At least theres a high possibility that your investment might gain profit in a short period of time in IEO unlike ICO its always a loss,or they couldn't make it to an exchange. Yes, we all knew that the IEO trend is near to an end but there are still giving profits in top class exchanges.
For sure majority of us will choose IEO as it seems more legit compare to ICO which can be easily done by most scammers, unlike in IEO when they will do it in reputable exchange they need to be verify first and making sure that the project was legit, but still doesn't guarantee that IEO can make you profit, still depends on a lot of factor. Yes, there's no guarantee that IEO which been introduced inside reputable exchange will automatically considered to be safe. There's still chances that the project will turned into scam in the long run, maybe in short term the gain can be achieved but after that quick pumped the next thing you will see is the continuous downfall of the project. There are fake promises so we should not easily trust IEOs that keep saying that they will got listed in trusted exchange. Listing is a major factor because if the coin listed in untrusted exchange, the coin will become shitcoin because most of the investors are only using reputable exchanges. IEOs became risky investment because of the scammers so we should not easily believe to their attractive words and promises. |
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Why would I believe to their statement? Is the writer is from the future? He has not have enough evidence to say that. People always getting hype to many prediction that can lead to huge losses. People are too excited on the prediction all ove the internet. It not makes sense after all so it is better if we will just focus on present situation.
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Many people think that it's almost impossible to break away from addictions in gambling, and in my opinion it all depends on self-control and realizing the right time to stop and have consistent intentions.
and stay away from the gambling environment or anything related to gambling and move on to positive activities and if you want to play gambling, you should be able to avoid it firmly and there are many other ways if you are really serious about changing it.
Overcoming addiction is a major problem in many people, there are now gamblers who suffer huge losses and still addicted in gambling. We can only overcome gambling if our focus and goal is clear. What do I mean clear? We should identify what we want after all. If we are seeking profit then gambling is should not be only our option bacause there are a lot of options like trading of cryptocurrencies. |
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The biggest problem that keeps me from bringing Bitcoin in my local area to new people is that bitcoin is not governed by law. Many beginners would think of bitcoin as fraud, as there are so many projects that use bitcoin's popularity to cheat others. I believe there has to be some time passed with bitcoin becoming mainstream for example being adopted in shops etc. Then I might try spreading the word
There are also risks for us if we want to introduce new people in bitcoin, they are prone to losses because of the lack of knowledge. That is why we should explain to them carefully and all of the basic information should be understand them very well. Introducing is simple but encouraging them to adopt is hard and it is should be our focus to increase the demand into bitcoin. |
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You are reacting too much, it is only normal because there is a breakout happened. I do not consider the news in terms of the price movement of the bitcoin. The recent breakout only means that the buyers are now in control. We should not expect too much to the price because there it is very exaggerated for me and it seems not realistic if we will still expect that it can achieve its previous ath in just weeks.
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I recently read a thread about how to learn a bitcoin trading and most of the answer says that we cannot actually learn trading at this forum. There are information about this forum that can help us to encourage to become a trader and not to learn how to trade. The best way to learn to trade is by reading books. I have know many books that I read about financial market and for me it is also applicable in cryptocurrency market like the trading code of jason cam and the momentum masters.
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I think everybody has done it before when they found out about Bitcoin,
They would talk about it to their friends and family because they found out something new.
But most of the time we would only be ignored since they don't like it.
There is a risk in telling it to then, I did tell it to my family and friends and some did buy and apparently when BTC prize drops they blame me even I told them that price is volatile. Just explain them how risky it is and they will for sure not use it. People want easy money which is impossible in investing. Of course we should also explain to them the risks that they can take if they will make investment with bitcoin. If we will encourage them, we should make sure that they have prior information on what they can get. Promoting is good, as a bitcoin user; we should spread what we know about bitcoin in other people. Just make sure that we are spreading legit information. |
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I agree that full time trading make us feeling alone and boring, this may make us stress if lose few orders. So for myself, i have found some way to avoid this bad effect, i ride bicycle every morning or do some workout every morning. This way will help us have a new energy to start a new day, then i focus on trading for few hour and hangout with my friend at night. I think we dont need to spend so much time on trading, even we consider trading as fulltime, this will have lots of positive affect.
difficult to do for most traders to wake up in the morning including me, they usually prefer staying up late, because the market tends to be more active at night, maybe this applies to most Asians. full time at crypto really makes me bored, but I always force it because it's a need for me. my way to get rid of boredom is just taking time playing every weekend. of course many feel bored with full-time trading, but to compensate for trading activities that we do should have its own way to eliminate boredom in trading, for example, do not always have to spend a lot of time in trading but we can stop for a moment by playing online games or listening to music so that the mood we have can refocus on trading Full time trading is over all a boring concept. This is why it has become less common nowadays. Trading is a slow procedure and therefore you should not get indulged into it once you know that waiting for too long is not your cup of tea. Trading in the long terms involves years and years of planning and applying the strategies to confirm that you will make profit. Hence it is good to avoid such methods. Full time trading is not boring because I always seeking enjoyment. Trading is full of excitement that is why I do not bored even I allocate most of my time in trading, it is boring for everyone because they cannot beat the market where they keep losing. I do not get bored because my trading strategies are effective and I often to avoid losses. |
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For now, I don’t really spend it because it hasn't reach the value or price where I want to sell it. However, if we don’t spend and Bitcoin will not circulate, how can we know that full potential of it? If I am a merchant, why would I add Bitcoin as a mode of payment in my store if no one will use it and people are just holding it.
We all have different ideas in our mind, there are mindset who think about holding their bitcoin because they speculating and they are hoping that the price will become a valuable. There are also a mindset where they spend their bitcoins because he/she thinks that he can buy convieniently with the use of bitcoin. The last mindset that I know is the people who keep trading bitcoin in order to increase it more. |
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I think having cryptocurrency experience is already a thing to avoid scamming, if you already know the market and how things work in the crypto world, it will be easy for you to identify scam websites and internet scam advertising. A lot of newbies in cryptocurrency get scammed because they are too greedy in earning a ton of bitcoins in ponzies or pyramids. The thing you have to remember is that if something seems to be too good to be true then it probably is
Most of us have been beginners and I think people have experienced fraud cases too, but those who have survived are people who have an attitude and perseverance in this industry. and to stay away from scammers is probably the experience and also the ability that each year will grow in each person. In this market is impossible to not cross your path with scammers from time to time but what people like us do differently compared to the newbies is that we understand that most of the offers that we find in the market are not real and so we say no to most of the propositions that we receive, while newbies as soon as they see some big numbers they begin to think about all the money that they're going to make only to be disappointed at the end by the lack of results and the capital they will lose. Scammers are one of the major problem in the market. The risks are keep increasing because of th scammers. Actually, it is now really hard to find a legit projects in this present year. Identifying if the project is also hard task, it requires depth research in order to know if it is legit or not. If we want to not fet scammed then we should focus on how we will improve what we currently know. |
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The true identity of Satoshi does matter here in cryptocurrency especially he's the creator of bitcoin. But right now, looking for the real Satoshi doesn't have to be a thing. If he wants to reveal his real identity, he will do that. But forcing to look for the real one isn't appropriate. Let's respect what he wants. If he wants to remain anonymous, let him be. It's a big mystery that we should respect.
Satoshi's identity is not a problem for me and I do not have any concerns about him/her. There is nothing will change if he/she reveal his identity. There are now a lot of self proclaimed satoshi but I keep ignoring them. I just a mere trader who are always focusing on chart. The mystery of the identity is not my focus so I really do not know why it is a big deal for the other people. |
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Also, you can get more than one policy from more than one company. Pwede ka kumuha ng VUL sa isa, then Term sa iba ... they might ask if you are already insured, and you can always say you want additional coverage from a different company. Sometimes they don't even ask, kasi you are going to pay the premium anyway.
Ngayon, meron kwento na insurance scam artist, nag pa insure sa isang dozenang life insurance company. Nagbayad. Umabot ng 1 or 2 years. Then namatay.
So, si misis, naka kuha ng milyon milyon ... let's say 1 million bawat company, so binigyan sya ng 12 milyon total. Dollars ha, hindi Pesos.
3 years later, nahuli ng private investigator na buhay pa pala si mister, iba na muka, iba na haircut, iba lahat, pero positively identified na sya nga. Nahuli sa isang boat, sa ibang lugar.
Nakulong, kasi ginamit ang katawan ng ibang tao sa fake death o fake accident.
Alam na ng mga companies ito, so wag na subukan.
Napaka tindi naman ng scam scheme nito, Laking pera na nakulimbat nung dalawa sa modus na ginawa nila. Sigurado nag background check ang insurance company sa records nung lalake then natagpuan nila na sobrang dami niyang subscription sa insurance company, Kahit sino maghihinala pag ganon. Magaling din yung private investigator kasi natrace niya pa at nahuli niya even though maraming modification ang ginawa nung lalake para lang maka takas sa scheme na ginawa nila. Pagdating sa pera syempre mautak din ang mga business owners and konting hinala lang na makita nila talagang iimbistigahan nila yan para makita kung ano yung totoo. Akala ko sa dati sa pelikula lang nangyayari yung ganitong attempt in real life pala meron malakas ang loob at sumubok siguro for a while na enjoy nila pero sa kinalaunan hindi na kasi kulungan ang bagsak nila. Kaya naman hanggang bata pa tayo dapat mag acquire na tayo ng real assets na makakapag bigay saatin ng passive income. I do not like job security, ang gusto ko ay mga assets na mag bubuo saakin ng wealth. Sa katunayan ako ay nag sisimula na mag invest sa ibat ibang investment vehicle like sa stockmarket, real estate at syempre sa cryptocurrencies pero ang cryptocurrencies kasi ay ma coconsider na speculative asset dahil sa high volatility. |
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The patience and the holding period that you need depends on what type of trader are you? Identify first if you are a scalper? A swing trader or a trend follower? If you are a scalper then you need to sell your position within a day. A swing trader mostly the holding period are days or even weeks. The strategy that you should use is depends on what you can do.
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I'm a short term trader so I cannot yet analyze what will happen to the price of the bitcoin at the of the year. I used in short term time framer where my charts are usually weekly and daily. The bearish market of the bitcoin will now eventually turn into bullish if the price holds at $8000. As long as there are high demand into the bitcoin, we can ensure that the price will continue to rise.
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I'm a little relieved entering 2020. Bitcoin has touched $8000. Hopefully a good step for the future. 2020 needs improvement on crypto market. Investors and traders will have new spirit and trust if they find good things this year.
Yes, I hope this is the start of the upcoming bull run after halving later this year. Looking good so far $8K support holding strong. I wish I had more time to accumulate more but I guess this is it. What improvements in the market are you hoping for? As I'm seeing it right now it's already great. Most exchanges that I use are already pleasant to work with. Would love to see another USD pairs on Bitmex but that seems a hard stretch. In these past days, we saw a lot of huge improvement in the cryptocurrency market. We can say that there is now a sign of market reversal that will happen sooner. If the price of the bitcoin consolidate in its current price, it means that there are demands that keep pushing and it is the reason why the price is keep growing. If this situation continue, then the sideways movement of the bitcoin will become bullish. |
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More amount — more profit or loss. A large amount should be managed by an experienced trader who has a successful trading history and firmly adheres to the trading plan. Otherwise, it's a big risk to trust huge amounts of money to beginners.
Yes, only experienced traders can gain money from investing large amount but those who are new and who have no experience or knowledge they should trader with small amount for long term because for people with no knowledge about trading is like small amount big risk and big amount the biggest risk so try to remove that risk with your knowledge. That's why you don't need to be very aggressive in trading as that is very risky, as much as possible, let's just chill a bit when we are just new, no need to be in a hurry, no need to wait for a big loss before we will educate ourselves, let's learned from the mistakes of other people, no need to invest in big then crying afterwards. That is the right attitude but very few people have it, most people trade the markets as if every single trade is going to be the most important of their careers as traders but the market does not really work like that. Most of the time you're going to make a trade and not much is going to happen, you're going to lose some, you are going to earn some, but you need to be able to maintain most of your capital during those trades because most of your gains will come from a few trades but you need to be in the market to take advantage of them and that is what those people do not get. You cannot force the market to move exactly when you want you are the one that needs to adapt and wait for the big trade. Right mindset and attitude are should we have, we should not trade because we want to become rich or to buy our desired; our mindset should be about consistent earning all of the year in the cryptocurrency market. The risks are too high in the trading and we should protect our capital first before we able to increase it. Following the trend can help us to lessen the risks that we are taking and it can help us to increase our portfolio. |
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i personally just can't trade until i spend a long time all day, because that will only make us panic because a sudden drop is very likely to happen, so what is usually done is to make a sell order according to the profit we want at least, even though targets cannot be achieved in a day and we must be ready to be more patient
Your trading psychology is not enough and it is the reason why you are panicking when the price drops. Before I trade, I always planning what will I do and I also thinking the possibilities that may happen. I always setting up my stop loss before the trade in order to lessen the losses tha I can experience. The volatility of the bitcoin is too high and it is the reality that it is hard to handle. |
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Advertisement is what we need in order to increase the awareness. Many people will not become familiar if we will not promote or advertise bitcoin. Actually, there are now many people in my community that became interested and became aware to bitcoin after one of the influential person in my community talked about bitcoin. They are now willing to adopt bitcoin because of the information that they got. Raising awareness is important in order for us to have mass adoption.
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