Don't trade mate. Long-term investing is a smarter choice.
Trading could be more profitable than investing and in trading you can predict more and more accurate when you got the knowledge and the experience, so trading is a smarter choice but it need times to make profit, I think there are alot of things to consider, starting from yourself you need to be diligence to learn, collecting the information and need to time to learn it could be, because you can get multiple benefits in a short amount of time, while holding you just get profit once for a long time. but of course the risk in trading will be far greater than holding, you need deeper knowledge and are clever in strategies to read the market first, otherwise you will only gamble on trading |
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when bitcoin market is bullish with all positive trends then altcoins coins will take time to pump we can see altcoins pumping only when bitcoin market prices stabilizes
actually not like that. several different conditions. we can see the market conditions a few years ago. where the price of bitcoin rises and the altcoin decreases. there is also a rising bitcoin and an altcoin rising. this market is not so easy to predict. That law is not always certain, sometimes bitcoin prices rise, altcoin prices fall, and vice versa. but in my opinion, what is certain is that when the bull happens, it will happen to almost all crypto. in my opinion not all altcoins are moving slowly, especially now where prices are still rising, if you take advantage of the moment few days ago, you are already get big profit now |
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Those that are delisted from bittrex and other exchagnes are basically not dead. They are either a security token or they do not meet the required daily volume for the exchange. Aside from that in severe case they are probably found out to be a fraud or scam coins.
They have their reasons why they are delisting it. I would say, better get rid of those tokens or coins as fast as you can because the likelihood of them dying is very high. Yes, small exchanges might accept them, but how sure are you that they can survive in the battle of crypto trading? Because of the lack of interest of traders who made the exchange site delist some of the coins, some well-known exchange sites like bittrex have special standards for coins traded on their markets, to maintain their quality they do delisting. yeah it's better to sell when you have received a notification about delisting coins or stayaway of that coin if you dont want to get lose |
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This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.
Why do you only trade in ETH and LTC. Are not many altcoins able to get big profits. Try trading in a number of altcoins, because with that you can get profits from every increase in altcoin. And you must have a strategy in every altcoin that you trade. if you feel the price movements are moving slowly now, then my advice is you have to increase your capital to increase the profit you get, when the price is stable, of course the risk will be lower right, so increasing capital is not something you need to worry about. |
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I must admit wallet hardware is safe for storing crypto. However, I myself have never used it and don't have it yet. Everyone certainly wants to have a hardware wallet for the security of personal assets. hardware wallet is one recommendation for every user who has a large crypto asset to use it. Maybe in the future, I want to use a hardware wallet.
Lol how do you know its safe while you haven't used it yet? Is it credible feedback only given from its users, if you want to judge then you have to use it first dude. honestly I don't use it because 1 hardware wallet has a pretty expensive price for me, while my desktop wallet is safe enough for me |
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As long as you can use bitcoin to trade for something then it's value is there, the same with fiat once the fiat will loss it's value then you cannot use it to trade for something.
Everyone of us has the option what we like to use in trading like in buying our needs and wants. If we can use crypto currency as a payment option for an easy and secure way then bitcoin will always has it's value.
Yeah thats the point right, you can sell it on the market at a high price, where is the point no value of bitcoin they said? I can pay with bitcoin and buy anything with bitcoin, so it's not true if bitcoin is no value, bitcoin has the selling value of its innovation, dont get wrong |
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Thank you for this tips, others want to quit, but they don't know how or what to do, I think they can do some of your tips, but its hard if you realy have a addiction.on gambling. but there is no wrong if you try.
Actually, in gambling everyone can become addicted very easily, it is on ourself that we have control ourself or not. People play gambling to become rich, Everyone like to become rich so why we choose only gambling, most of the other ways are here to become rich and in the other path, we could save ourself from addiction. If this point is clear in our mind then we can't be addicted even we play gambling. I think the reason is simple, don't gamble because you want to be rich, because you will try to achieve that and eventually become an addict. because I've experienced it, the goal will determine what you become in gambling, so make sure you have goals that don't force you to always win, because no one can guarantee that in gambling. yeah control is also necessary if you have that goal |
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You're all right about this, household edge will be the barriers to beat them.
But i'm thinking about a new challenge which lasted till my balance x10 or get busted. Anyone with me?? lol.
Ofcourse just for fun with a small balance!!
Even maintaining a balance to stay, is a difficult thing in gambling, moreover it to get win and end with profit. defeating houses is a difficult thing, especially if you have played for a long time, of course the algorithm will make you lose. but gambling is not about profits and wins right? many others thing to make you fun |
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Do you gamble, because you hope that a big jackpot will solve all your debt problems or that a big jackpot would fund your dreams?
Never ever in my life on hoping to these things.Gamble just for fun and winning jackpots is just a bonus. But hoping to get a jackpot isn't the wrong thing right? I also have this desire, but it does not make me too hopeful and force me to get a jackpot or big profit, the most important thing is that you are not affected to pursue it and are sad because of it! |
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I think the main reason is the price fluctuation if they sell a service or product and has a price and price of Bitcoin drop they will lose and maybe a second reason is the confirmation time.
In my opinion that is not a consideration that will be used by Amazon to refuse adopt bitcoin as payment. in my opinion the reason for regulation is a major consideration for them, imagine if Amazon is prohibited from being accessed in many country just because they adopts bitcoin |
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Yes that's true, bitcoin has a very high price and it is very profitable for us, and scammers know it, and we should be more careful with super-profitable projects. bitcoin brings.
Actually there is no special relationship between prices that increase with the increase in the number of scammers, even though prices rise though, I don't think there will be many people who then turn to become bitcoin scammers. The point is that scammer will be everywhere on the internet, the most important thing is that you keep your account properly, remain cautious, and alert to all kinds of threats, and don't trust untrustworthy investments |
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Crypto investing is for those who have the courage to have long patience and understanding about it. It's not a shortcut to success because it includes hard work and willingness to wait for the right time. We can't rush thig out here so we must be wise.
There's no shortcut since luck is not always at your side, you need to work with your knowledge and always find learning from your daily activities, many investors and traders forget that in this industry enhancement is very important, you are dealing with time and every earnings that you'll take is the loses of other traders around. But it can be a shortcut if you know when to sell and buy, someone can get rich instantly in bitcoin, bitcoin gives that opportunity to anyone right, the point is they must have the knowledge to know when prices will rise high and that can only be done if you know how to analyze, Right what you say that you have to learn about market, reading strategies and so on |
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Good thing you have a mentor in trading. We can benefit from their tutorials and tips. Honestly, it is hard to study and learn everything by ourselves only. We have some areas and terms that is vague for us. For someone who is an experienced trader, it is easy for them to teach a newbie trader for some vague strategies. Lucky you, your trades seems to be successful because of your teacher. Not all here had that good results in trading.
But I believe, time and experiences will make you a better trader even without the help of a friend or a successful trader. Though it is a plus factor but it all depends on the situations. Videos and articles are always there to teach us.
Yeah it is not easy to deny the importance of a mentor in the success of every business that you start. I think that without mentorship, there would have been very less startups out there and hence very little technological and business growth. So yeah it is great to have a mentor to guide you and help you with stuff that could be crucial and worth think about while taking a decision. Yeah it's important, but it's not mandatory for you to do it. not all traders have mentors right? but with hard work to learn and want to ask questions in various forums about their problem, of course he could be an expert. but of course people who have a mentor will understand more quickly and smarter, because they already have direction from their teacher |
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Am not really new in crpyto world but am always scared of taking the risk of trading. As an experienced trader what are the advantages and disadvantages of day trading. Please I need your opinion. I really want to know those risk so as to avoid them. Then the possible way to maximize profit.
Fear will not be beneficial for you it will only harm you, if you are still afraid then better do not enter day trading first, because in my opinion day trading is only for people who are brave, fear will only make you panic when market conditions deteriorate quickly, if you want to enter daytrade make sure you have overcome your fear problem first |
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It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.
The point is not anyone can invest in bitcoin and then profit easily. bitcoin and crypto have a big risk you know. need people who want to try hard to want to learn to understand the market to be profitable, need people who are patient waiting for prices fall to rise, need brave people from fluctuations that occur. |
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90% of bitcoin hold by whales, only 10% of bitcoin hold by people,whales can do anything pump btc to moon or dump it to hell,
BUT ask yourself 1 question: What Happens to Bitcoin After All 21 Million Are Mined? then whales completely control bitcoin price.
Bitcoin Is Not Decentralized.
How do you know that? How do you know the calculations and percentages? do you know how many bitcoin users there are? more than 10 million users, because in my country there are more than 1 million users, in my opinion the percentage is more than 10%, although I will admit that whales do have an effect, but it does not eliminate decentralization from bitcoin |
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Yes it is possible to make double profit in two months. But two things need work perfectly. One is your trading strategy and second one is you luck. If you keep control your emotion and IF GOD save you then it will be possible.
Very nice advise and it's very important to control those emotions and it has a possible to doubled in 2months. Unless those traders can control the market also until now we meet a hard condition of it. Your skills will give you enough space to double your capital by using your knowledge, you will be able to get the chance to point your investment into a moving coin and manage to get every good position that will give you profits, good management will save you up losing your positions you need to practice not to be greedy. God won't help you, if you don't work hard! if you have skills, it is very possible that you will profit and double your money, in trading, profit is possible for anyone. the most important thing is not to make your problem and your emotional feeling destroy your strategy in trade, because that will only make things worse |
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Apart form bitcoin, Ethereum and the major altcoins like the top 20. Holding atcoiy for along time could result into heavy losses. Most traders make more than holders. Most projects have gone down in red below tthe selling price and as such, it's a loss holding those coins.
It's a risk of holding when you buy unpopular coins, they are very volatile and could make you los, especially if you keep it for a long time. I think trading is far more profitable because you can profit repeatedly even in a short time |
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Jumping in trade without a good preparation could make you missed the market and losing money, stop loss is an important things, many people underestimate this and lose a huge amount of money, trading need a lot of analysis, its not just see the trend and just buy
Not only analysis but you have to be smart in keeping your activities also, in accordance with the plan that you have made, many people have bad habits and that is what usually makes them lose money because they are out of the plan they have done. make sure you have a good preparation, according to plan and don't follow your bad habits dude |
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Tell me hoestly, have you ever think about beat the household?
I first, YES, i did think about it. But never work!!
Statistically itīs not possible. You may beat it during a short period of time, when you should really consolidate your gains and leave while having fun. Soon or later you will lose for the household. It's math, you can run away from it. For the short term you might be able to beat a house by go out when you already profit. it's a way to beat the house, know when to go and come back again. To play long-term, of course you will never be able to profit from the house |
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