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If I were you, I will invest it in potentail cryptocurrencies; so I will simply use the money in trading. $1000 is can considered as preferable capital in starting cryptocurrency trading. I will invest it in trading because there are a lot of opportunities in the market. Yes it is risky but we can manage to protect and to multiply our funds in there if we have knowledge and if we know how it works.
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Hangga't maganda ang price movement ng bitcoin ngayong buwan ay may posibilidad na mag karoon na ng bull market. Alam kong madami na ang mga sabik sa pag dadating ing bullish market. Ngayong unang linggo pa lng ng Enero ay sumipa na ang presyo ng bitcoin. Tumaas ang demand nito kaya naman ang presyo ay tumaas din. Sa katunayan umabot na din ang RSI neto sa 70 kung saan maiinterpret na sobra dami na ang bumibili.
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Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.
And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.
To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it. If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history. No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first. I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market. For every failure you will learn and that learning and experience can be a big use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience. We should treat our mistakes as a lesson, failure in trading is sometimes good for us because it helps us to become a skillful trader. We can avoid the future losses if we will use the knowledge that we get from our past failures. Luck is created in the trading world, we can become lucky if we will focus on improving the skills that what we have today. |
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The price of bitcoin has good direction in the beginning of the year, it's been straight 3 days where the price always closing bullish candlestick but we should not yet be happy because the bullish market is still not starting. There is still current resistance at $8700, if the price visit that area and got bounce then it seems that the seller are still control in that area.
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You should do research about the market before you buy bitcoin. A project that has gained much value will lose value after a while. However, it is very difficult to predict when the correction will take place. You need to think about the possibility of a fall. Invest accordingly.
What kind of research you advise? Half says that Bitcoin is going over $100k, other half say we are going back to 1000$, whom to believe? Bitcoin price possibilities are endless, it can go high, it can drop low, what research we can do? Many times we had good news but price dropped, while we had bad news we had the price increase, there isn't a way to predict accurately where the price is heading, for me that is pure luck if you make a good trade. Opinions are in everywhere so we should not easily believe on others opinions. There are many advises that saying we shouls now buy bitcoin but in the reality it is time to sell. A trader can easily identify what kind of strategy that he should use in order to survive in the current trend. I'm just saying that we should be independent than to depend on other opinions. |
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Here's the proper mindset, if we are to give money back to someone who lost that money, we'll just pushing him to let that money be lost again, for sure it will not help him so we should consider other ways such as providing betting advice and to help him earn and control his money to not be bet all in all in gambling.
It's okay if he will stop gambling after we give him money but most gamblers does not think and do like that, if they have some money, they will still gamble again thinking they can win back all their loses, it's kind of an unrealistic mindset that will only push their to a more disastrous life ahead. if we are a true friend or if we really care, we won't tolerate, let them learn from their mistake. That is right, they will only stop playing gambling until they get satisfied. They keep playing even though they keep experiencing losses, if they seek help where they will borrow money from me; I will ignore him immediately because I do not have guarantee that he will return the money that he will borrow to me. I will help a gambling addict to overcome his current problem but not financial problem, I can ehlp him to become a normal person who will stop gambling his money. |
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I think it will be a domino effect if the war happen, the economy will crashed again and that is why we should hope that the war will never happen. If the war happen it will affect the world economy and the cryptocurrency market will also be affected. Investors for sure will pull out there money because they are also afraid to the crisis that may happen.
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Trust me no one is perfect here. Specially in the market like cryptocurrency where manipulation and volatility is way too high, technicals can deceiving. The more important thing than technicals is your stop loss. Stop loss is really critical to crypto trading. For getting hang of technical analysis in crypto keep on doing hit and trial. You will learn better that way instead of following some tutorial. Remember to try only with small amounts or you can also go for paper trading.
Technicals can deceived ?Are you sure with that? I do not agree to you because chart doesn't lie. A chart can prove if we are wrong or right. Reading charts can help us to understand the market and it can also help us to buy at right time and sell in the right time. Technical analysis is really good to use because we can study the past data in order to know where the price heading. |
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I'm thinking someone stopped him to continue on this challenge may be one of his mistresses, or maybe somebody slapped him so he wakes up to the reality that his 1 million dollar challenge is not realistic on the time frame that he predicted.
Maybe Bitcoin can do it in the future but not or never on the time frame that he mentions, of course, he doesn't want to the first idiot to eat his dick because of a challenge.
I saw a thread before that a user says that he bought bitcoin because John McAfee predicted that the bitcoin will become 1 million dollar per each. I keep cringing if I saw the past post of John McAfee, it is not realistic and that is why I do not trust or believe him. As a trader, we should not believe to someone prediction because it can affect our future decisions. |
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I choose " Keep holding until the next rising." and this is also the choice of the majority, being an old member of this community, I have seen the ups and downs of the top coins in the market, improvement in the market is not immediate and quick it is slow but steady, the market and it's investors are now maturing, I don't think people will not hold now that many great things are happening, losers are those who can't keep on.
But holding is sometimes painful and that is why I do not prefer holding bitcoin. Holding is for long term investor, I'm not investor because I'm a trader and I prefer to trade my bitcoins than to hold. I do not know why there is a misconception about holding, most of the holders are only holding for a coin because they hope that the price of the bitcoin will become valuable and the problem is they do not know that timing is important and most of the holders do not consider the timing. |
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Some of people predict if world war 3 happens then it will be the biggest war in the world because weapons technology will be very sophisticated so the impact for the countries itself will be very high and in my view because chaos everywhere then people only to thinking how to survive from this war so probably they never thinking to save their bitcoin or their wealth because their life is more valuable than bitcoin itself so i predict the effect of world war 3 for bitcoin is can makes bitcoin useless because people too concern for their life
We do not yet know what will happen to the price of the bitcoin if the war happen but one thing is sure there is an impact to the cryptocurrency market we do not just know if the impact is great or just small. Cryptocurrencies are mostly decentralized so there is no government that backed the cryptocurrency and also there is no government or insitutions who can control it. |
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I used to trade using USDT pair and not BTC. BTC pair is really confusing for and that is why I prefer to use USDT because of its fixed price and value. The price of the bitcoin is volatile, so it means that you need also to monitor the price of the bitcoin and the coin that you want to trade if you will use USDT pair.
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There is no specific percentage that you can earn from day trading. The price of bitcoin is so volatile so the prices are always changing and there is no specific amount that you can earn every day. I'm trading bitcoin but not everyday because there is only trading setups that I keep using and it always depends on the current price action.
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In my experienced, I tried to spend the cryptocurrencies that I earned from my trades. Cryptocurrencies for me have 2 uses, first is it can be a utility for me where I can spend it online in order to buy the things that I desire and the second is for price appreciation. Price appreciation is about trading where I buy at the low and I will sell it when it value rises.
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There is no 100% prediction that will guarantee that, but patterns that occur before always show positive things when halving occurs.
I do not expect hundreds of percent bullish will occur, I just hope that bitcoin can be legally accepted for daily use transactions to make it easier for everyone. Yes, although it will take a long process to go in that direction.
The halving can be a "catalyst" if the halving happen, but we are not yet sure if the bullish trend will come. There are still a lot of correction that needed to be done in order to successfully beat the bearish trend. As long as the price of the bitcoin resist in 100 MA, we will still see a lot of lower lows and lower highs that can lead to the decrease of the price. Indeed, As long as the price resist to the long day MA then there is still no bullish sign. They say that halving can boost the price but is still pure opinion because there is still no data that is available. By focusing in the present chart can make us wise trader than predicting its price. Technical analysis can help us to have accurate forecast but not prediction. |
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If we want to invest in safe asset then invest your money in gold. Gold is a safe investment and rich people are keep investing in it because they know that they can survive in the next financial crisis. It is a reality that the dollar is weakening because of the bubble that happened. Financial crisis will come and gold and silver are the safest asset that we can acquire.
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What do you expect from a speculative asset? Of course there will be volatility and we can't simply escape that. Right now is just an example, reaching as high as $13800 on some exchanges and now down to $9800. You do the math as how much it drop? Just two days ago it was around $13200, and now below 5 digits again, so talking about volatility.  I agree with that, to be honest when you are talking about risks and rewards most of the time here, we will encounter much more risks and failures rather than rewards, and as what they have said what do you expect? Bitcoin-sphere is a free platform wherein foreign people are free to join, invest and trade here which we don't know if all of the transactions were done legitimately and I can say ome of the things that put us to risk, scams. It is the reason why we should identify both rewards and the risks before we make investment. I only take a risky investment if the rewards is greater than risk. We should also know how to compute risk and rewards ratio in order for us to be aware if the investment is worth taking or it is just a shit investment that can make our portfolio to become full of losses. |
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There are no reviews for the trading bot yet but I will try to get some, not sure on what platform but I will figure it out.
Not sure where you plan to 'get some' reviews from, but it would add way more legitimacy to your service if you contacted a few trusted forum members to test your bot and honestly compile a review. I do not add value to reviews from random people praising a service in a time where reviews can be faked or paid for. What I do add value to is seeing trusted/well known people praise a service. Starting on this forum is the best option moving forward in my opinion. As long as the trading bots are generating a profit for us the n it is really good to use, but if the losses are more frequently then it is better to stop. Trading bots are only for people who have busy schedule or the people who have full time job. I do not use trading bots because I trust my self more than trading bots. There are many trading bots in the internet, we should only use a one specific trading bots if it is proven that the win rate is really high. |
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My goal in this current year is to accumulate more speculative assets, cryptocurrencies are speculative asset and my goal is to increase the investment that I keep doing in this first quarter of this year. I will build a solid portfolio where it is consisting of potential coins in order for me to lessen the risks that I keep handling. At the end of the year, I expected that my speculative asset will grow.
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100% that's a scam, no one can be sure of the interest rate in the cryptocurrency market. Scammers are trying to cheat new and inexperienced people in this market.
They sometimes show you a few profitable trades and try to make you believe that the investment is profitable.
As soon as you invest money for them I guess you will be removed from the group and lose that money.
That is right, it is pure scam after all. Why will you believe that you can easily double your money in just 5 days by paying them. Newbies are keep becoming victims of the group pf scammers in telegram, they can avoid it if they will ignore the scam groups. Scammers are so smart that they keep attracting many victims that will invest in their scam project, we should not easily believe to an investment that can guarantee our profit because all of the investment have risks and we should always remember that. |
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