The most important thing for beginners is to gain enough knowledge about trading. Without trading knowledge, even if he trades on a good exchange, his account will be zero. I always advise new traders to start trading after gaining enough knowledge about trading.
Because I myself started trading without trading knowledge and made huge losses. So there are many things to consider when you start trading.
I believe that mastering such a complex occupation as trading cannot go without losses, however, beginners should minimize losses as much as possible. You are right, first you need to get some theory, but theory without practice is useless. Therefore, it is better to do both at the same time. Getting the theory, and immediately working it out on a demo account, is the key to quick learning and mastering trading skills. Practice with small amounts and this is what i had done when i do start up from being noob in trading.Losses are inevitable thats why its just incorrect for you to think that you should make out some perfect trades.In talks about trading option then i wont really be suggesting this stuff on newbies since this is some sort of gambling on predicting neither the price would go up or down into your entry point and basing on what you have chosen neither up and down then you would have 50-50 chance on winning but the true essence of trading are actually on spot trade rather than in futures or options. |
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I agree with you. Bounty hunting is a game with probabilities, like our whole life. The more times we roll the probability dice, the higher the chance that one day we will hit the jackpot.
However, most of the time we will lose and this is normal. In our business, the main thing is not to build too high expectations, or rather, it is better not to build any expectations at all, then the whole path will be strewn with pleasant surprises.
If you do have this kind of mindset then in most cases you would really be just living on a standard life yet you do waste up too much worth of your time and effort.If you do just keep believing that you might able to hit up the right project. The questions is, would you able to make money which is really equal or worth on the time and effort you had spent? Would you find it to be in still loss or waste of time? It varies because not all could really make out some full time bounty hunting but if you do just treat it as a side income or activity then that would be a better situation rather than going full time without even knowing the probabilities of success. |
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Obviously this depends on where you are located. Such as if you live in an expensive place in the US or Canada, then its a lot more than in other countries. Also if you are young, middle age or older.
This do really depends on where you do live considering that fiat value and lifestyle status will really be different into each places. Some do say that 10BTC would already be enough on securing their future but for some would be asking out 100's or thousands of btc. In my part then i would say that 700-1000 would be enough to secure my future yet i can be having a savings and tending to built lots of investment for future passive income and leveraging. |
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as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.
You cant tell if they do really still hold at this very moment or havent able to sell off their coins because in all the prices that we had passed. Presuming that 10k was the ending point for those who bought 3k and targeting 10k take profit which means they do able to sell off early. Good for those who had held without selling a single satoshi until this very moment.I would say that it is wise to sell those coins on this moment. If we do check out on how much you had made in a shortest possible time then you can say that you do really have some serious gains on here. |
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The bull run is almost going on in the market even if the price goes down it is going up again so now is a good time to invest the market will rise further it’s not possible to say how much it will rise but those who have held it before have pumped a lot. And now is a good time to invest in newcomers don't be discouraged if prices fall bitcoin will pump up very soon we need to move forward with positive thinking and faith.
We are in bull run for sure and the price going up generally. Some dips are expected and all who are in the market for years know that. If people had faith on past years this is nothing. When you do really have experience on this market or simple you've been here for a while now then you would definitely believe that there would always be a recovery in price. Riding up with the waves between price increase rally and dumps or simply some correction which does signify that we do deal with a healthy market.Thing here is that the level of volatility is really just cant be comprehended by some people on where they do say that it is way too much or neither too deep to consider but they should really get used to it because crypto is really that too volatile when it comes to movement. $35000 is still far off and we should mind first on how we gonna break that previous ATH which is really a strong resistance level. Do you mean that he is responsible for his forecast? I don’t think so. Everyone is responsible only for themselves. If someone, believing that bitcoin will soon reach $ 35,000, invests all his savings in bitcoin, this is his problem and his responsibility. Nevertheless, the forecast really looks too fantastic. We do have our own decisions in life and also towards to our own money and we do have our own perceptions and views towards the price specially that it is way too unpredictable and no one can really tell on how high it would able to reach in a specific period of time. Going back into those lower prices where people do presume higher price points then we do say that it isnt really that realistic at all but now we are trying to break 30k now as of the price is clinging in 29k at the moment which $5k wont really be that too far off to reach on what op had been presuming here. |
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from the XRP case we understand that why people ask for opinions about the best altcoins,
the best altcoins do not mean being in the top 10 coinmarketcap, but those that have good fundamentals, and a high level of trust,
this is why there are still many people who ask the best altcoin!
Projects whom do able to get into those top ranks or spots does show on how they had been trusted in the market thats why its hard to ignore that these coins does really have potential.They wont able to get on that spot for nothing thats why we do presume that top ranking coins are always the best ones rather than choosing those who are in low ranks but actually there are lots of gems or projects that are underrated into this area.There are people whom do really like to find those gems and make some serious profits later on. |
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Has anyone heard of this web browser extension, they seem to be a legitimate one although they are still not available worldwide (US only). I was watching a Youtuber when the time to talk for the sponsorship came and I was surprised because this is the first time that I have heard of it. It works like Honey Browser Extension although this one does not find coupons to save money, but it instead gives you bitcoin or cash. If you can try it out let me know. https://www.lolli.com/It sounds too good to be true where an extension could give out bitcoin?How much you do able to gain? Im not really a fan on downloading randomly without any legitimate feedback and responses.We know the chances on downloading a malware is high. This is why we should really be aware and careful. So, be aware. |
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So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
You can't go into investment especially here if you can't able to manage your weak hands to make it strong and also your mindset. All who are in holding correspond with risk. You're right, it is very simple to say but really hard to follow because we are not committed yet to do it and our mindset is still in doubt and worries. People who can make a long-term holding are the people who can also afford to lose their money in the future. But I know that they never think about it, they have already foreseen what will possibly be happening in the future a reason why they are taking such risk, not for losing but for gaining. Some do even forget that they had invested and just letting those coins or investment sit for too long and you are right that they are really on that level where they do fixed up their minds that they should hold for long term but there are instances on where you do really changed up some thoughts and might be considering on selling out those investment when you do saw that it is worth to take up some profits. If you cant hold then doesnt mean that you shouldnt buy because no matter what kind of strategy you've been making, just be sure that you are really making or reaping profits. |
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From the above list, I identify myself as a hodler.
I keep my assets and look forward to that wonderful moment when happiness smiles on me.
Smiles on you when you do see that the price had clingged up way above into your entry or purchase point but if you do saw that it is way below then these emotions cant really be seen. Talking on what kind of investor i am then im in both sides where i do have some short term ones and having for long term hodls. Im not really that too patient on waiting for profits for too long thats why i decided to have some involvement in a short time duration.Yes, its hard but its bareable and can be handled. It does just need some sufficient time for you to learn up things on how to deal with moving market in active manner. |
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Covid19 is really disturbing worldwide, the information passing across because of covid19 second lockdown is very strong, the previous lockdown really affects people especially trader's, entrepreneurs and many people lost their life's and siblings, so since the vaccine for treatment of the virus is out I think government don't have to lockdown countries again for the sake of less privileges in society, life is very difficult for people in rural areas and our leaders are not care to look towards the development or needs of poor's, I think government of some certain countries should remember that all hands are not equal, by following cases of covid19 with precautions instead of shutting down everywhere or making the prevent measures of corona virus to be necessary to people living in such domain, I think it should be more preferable than closing source of less privileges daily breads.
It's very obvious that not all countries at these point will experience second corona virus but due to what is involve in government every country with bad eggs of leaders will use such avenue to bring economy of her country down by embezzling their funds, when looking at the ratio of affected covid19 patients of different countries is not like the way it's in 2019 when corona virus started, even in 2020 so while would government lockdown again to suffer people, my major concerns is for those living in rural area that have no furtherance. Happy New Year In advance, Keep Safe
You got actually some points but not all governments doesnt really mind off about their citizens current situation and for you to say that they dont really care at all. If you do think then is there any choice that they would able to make? None! If they wont lockdown then they would be suffering even more in terms of medical aspect or sector which means that will really be a huge impact into economy as well where lots will get infected if they wont really be making such health protocol. Second lockdown might or might not happen in some countries yet that new strain of Covid virus isnt still too scattered. |
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Yes they are definetly scamers and i find a lot of them in crypto groups on social media they tell you that you can win money easily from bitcoin and they ask you to send them private messages then they try to scam you by telling you there is a way to double your bitcoin and ask you to send btc to a certain adress, and unfortunatly many newbies on crypto fall victims to them.
Due to lack of knowledge and with extreme mix of greed then most noobs would definitely fall into this crap common scam.There are lots of them who had been scattered not only in YT but also in other social medias as well.They are rampant on existence and still continuing at this very moment. I do even see that they are covering up sudden bitcoins price peak and been used to hype up those people who dont have much knowledge about it. Doubling your investment is the common scenario on here. People will learn if they do commit mistakes. It should be avoided but most cases its already been done. |
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I'm still confused by the people who always ask the best altcoins even though we can all see if ethereum is still in second place. Are they all still not aware that number two is the best in altcoins because the first position is bitcoin
Just as we know that it isnt only ETH is on the list or ranking even though its top 2 but people are aiming or looking for alts that can really make them rich or make big money. ETH is already expensive and i do believe that they would really be aiming for those low cap coins and make tons of money when they had been pumped out. People wouldnt stop on looking for new opportunity or ways or methods that can really give out tons of profits without risking too much or big money and thats via on low cap or cheap coins in the market.This is why you can always see these kind of questions into some people. |
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Nah, would be too good to be true to never again see sub 20k BTC. People need to get their rocks up from selling, and then there's probably enough big orders waiting to trigger around 19k.
Seeing BTC losing 25% of its price even in 24 hours doesn't seem unlikely. That may all change if Bitcoin somehow shrugs past 30k and then spends loads of time above 50k, but it'd need to be at least 12 months high above 20k before people forget about 2017 ATH and it becomes a footnote in that all-time chart.
The question is, they would able to forget it out in a 12 month run? I cant really blame off on why would they really have that kind of doubts towards the price. When it comes to correction then this isnt something surprising because it can really correct way more than on the percentage that you had mentioned. I never ever believed or tell myself that it cant really be crashing that hard and 25% isnt really something that cant be attained in a short span of time if majority will really be deciding on releasing off their bags but as said there is really a lots of people who have been waiting for that certain period of time. |
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Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
In my opinion, you should invest in Bitcoin is reasonable, because the rate of return is so great because Bitcoin has not shown signs of stopping rising, and 2 months for you to achieve profits I think is very easy. A suggestion that doesnt really take that seriously.You cant be sure on when it would stop and buying out $500 amount of bitcoin isnt really something that would really make or give you big returns or 2x in a short span of time unlike if you do make out some scalping then you can possibly earn more than on what you gain on just simply holding but if you do like on the safer or less riskier side then you can opt in with holding but if you do like to be challenged or do love to play with fire then scalping will be suggested but this isnt something where everyone can able to do so. |
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Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.
This year will be closed happily, because the price of bitcoin and crypto market cap has reached a new all time high, so this causes market conditions this time to be very bullish, but for altcoins are still waiting to be in the bullish zone, just hold altcoins and don't sell your altcoins cheap. Basing on the current condition of the market then we cant really deny that this is a good one compared into those couple years that we have in the past. Previous all time high had been broken and able to reach new heights even though alts didnt able to ride but still they do have chance to have some good run. For now, people had been focusing in bitcoin at the moment where pulling out their alt investment and switch to bitcoin specially now it is having some rally. But we shouldnt really remove into our minds about the probabilities of bearish market, sooner or later it will surely happen. |
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Selling btc is only possible for those who hold it, so not much sales are to be seen as bear whales are looking to be out of btc and exhausted. It also applied to the buying side as it is not easy to buy btc at this high and only true daring people will take a chance.
We are moving sideways but at least the price is trying to break out new resistances and reach up new all time highs which is really great to see in bitcoin market. Volatility is always there and why cant just people do accept the fact that bitcoins price can correct nor crash anytime this is why profit making will vary on how you do secure out yourself in times like this.Sell when in profits and then accumulate when it cheap, it might sounds easy but it doesnt. So it will depend on someones experience and risk management on what would be the actions that he would make. |
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I'm really amazed that none one seems to care about waves. Recent surge up move it $9 but these days, it's trading $6.5~$7 so if it added few more balance then we will hit $10 price. Majority in crypto is short term minded, but only smart traders will pick cheap waves.
You wouldnt able to say that because not all smart will be taking up some risk into things that they do saw that there's no chance for some recovery or increase. Remembering those days where Waves is one of the best coins out there but suddenly the team seems like they dont have any interest in pursuing this project. I love the platform of this one but they havent really make out some sort of marketing or progress but i would say that this is much worth to take some risk towards investment rather than considering other projects in the market which are actually copying others idea and platform. |
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We might come across so many users posting unrealistic predictions about Bitcoin. We have already witnessed this during December 2017, so please be more cautious than ever before you invest into bitcoin by doing your own research and if you are ready for a long term investment then you may think of investing so that even during worst case situation you will get back your returns just like those invested during last peak and hodled it got it now. If you are looking for short term gain then give it a second thought.
Depends on what you are aiming for and if you do go for long term then you wouldnt mind on when you had bought bitcoin in spite of its price since you wouldnt care at all but its really to ignore when the market declines because your emotion would be the number one thing that pops out within that time.In possible result then you might really be making some decisions regarding to it neither you do panic sell or would just simply hold no matter what.It will vary on self discipline and control on someone because not all would really be having the same level of control towards their investment.Of course we would really be needing some second thoughts before making any decision. |
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It shouldn't matter if the rally continues or not, if you have make good return of investment be contented, this is why many failed to get to higher level, they want to make biggest gains with bitcoin, the fact is Bitcoin will always bring losses and profits, always be contented How can you end up in a loss if you are not selling the coins, in any investment make sure you invest when the market is going through a correction and not when the market is rallying if you are afraid of the market going down all of a sudden. The market is still moving up, a few hours back the market had a 3% correction and i thought we might see a correction but now the market is recovering and i am just watching the market and i have no idea how long this rally will continue. This is what makes this situation too difficult to make out some decision because you wouldnt know on what would happen next.It can really correct anytime but we dont know on how deep it would really be going down and same as you had analyzed or observed, we do saw that the price do really make out some correction but it isnt really that severe like those previous years were crashing market is just like already a typical one but now the price do able to withheld its price and thats a good indication that there were lots who were really go after into supporting this market. |
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altcoins do not follow the bitcoin rally, you should know that, yes even though there are altcoins that follow bitcoin,
but almost all altcoins when the price of Bitcoin goes up altcoins will experience sideways and even dumps,
don't choose altcoins carelessly if you don't want your portfolio to decrease
You are right! They don't correlate from time to time because altcoins doesn't really always connect on how bitcoin moves and as mentioned you would really be having a hard time on recovering or breaking even if you do make those kind of assumptions basing off on whats the trend between alts and bitcoin itself. Try to observe and if you've been on this market for a while then you would really able to tell those differences. You should always stick into those best or top rank ones when they do correct in price, always buy in the dip and when the time it recovers then that will surely be a profit. |
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