A good strategy and everyone has a different trading strategy according to their respective compatibility. as a trader, of course, choosing a strategy to do is a difficult thing and must be done repeatedly to get the right strategy. If you are sure of the strategy that is used and it is good, then after that we will be comfortable and confident by ourselves. view to previous trading history will certainly be good to learn which things are weak and can be improved for future trading so find your own strategy and be comfortable with it so that we can also focus and get the profits.
I don't think there is a best strategy that can guarantee us 100% profit, I've tried to find and learn from many experts and have even subscribed to the YouTube channel by paying around $250 per month, but when I tried to do it on the market it turned out to be a loss too, I think for Becoming an expert trader is to choose coins that have long-term potential, after we buy, the next step is to just be patient to hold. |
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I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.
This is a lesson that we have to sell at least what we bought, for example we buy a coin with a price of $ 500 then the price skyrockets to $ 1000 then the best thing is to immediately sell half of it to get our money back, this is to ensure that when the price dips then we don't lose money our. |
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The easiest thing to know the behavior of whales is to follow their social media, I often follow some influencers like justin sung or elon musk, and usually they will suggest to buy coins or tokens that have a chance to skyrocket and this has proven to be effective for profit, but the most important point is not to be too greedy because the market is always changing.
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Thank you for your reply but What happens if most traders leave the trade to robots? Same as they prefer to sit relaxed in the car and let AI take them to their destination point?
Many altcoins projects that bring the concept of robots for trading, but it seems that it can't be 100% effective, I've tried trading with bots or robots, but there are many limitations so I prefer manual trading, if all traders submit to robots of course this will make prices are easy to predict. |
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When we trade, of course, many things are needed, basic knowledge to complex analysis is a mandatory thing that must be mastered, as traders of course we will continue to follow the latest developments so that being a trader will increase a lot of skills.
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Economics is an important thing for anyone, this is what makes many schools and schools of economics always the first choice, and I am also currently still in school to become a bachelor of economics and accounting, the most important thing in economics is the arrangement between income and expenses and how to make an income continues to improve because the burden of life continues to rise.
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Will there ever come a time that the government reaction to crypto will be encouraging for the people? Lately the head if international monetary fund Christine lagarde stated that regulatory action from the international community on crypto is inevitable ..what do you think
This is a confirmation with an assurance that so far as cryptocurrency will remain decentralized so is the government committed to regulating the sector through tax payment. That's what it means to my understanding, some other countries tries to place a ban while others introduce their digital fiat to counter crypto yet its ineffective. In my country crypto has been taxed, this is an indication that the government actually knows that crypto will be a valuable asset, massive campaigns and FUDs have been carried out in various media but actually make users continue to increase, this is valid evidence that crypto is a transaction system and future finances. |
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Inflation is a serious problem from fiat, countries are too free to print money regardless of whether the supply of goods or production increases or not, inflation will continue to occur even though the government tries to carry out many policies, and the presence of cryptocurrencies that have limited stocks make prices more stable and continue to rise. if demand in the market continues to rise.
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Bitcoin in march now looks good with movements that look more stable, and the price is currently almost $45k, this proves that bitcoin has a strong chance to bounce back to $60k, if april the price can reach $50k then i'm optimistic in the year this can pass the new ATH which occurs in November 2021.
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I think 2 more weeks Bitcoin prices will soon reach $ 50K, this can be seen the fact that March became the beginning of the revival of Bitcoin because it has risen more than 10% in a month, of course there is no guarantee that the price will continue to rise, of course the user will soon be Selling Bitcoin because they believe with more massive FUDS in various media.
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It's been almost 4 months in 2022 but the market looks yet to recover or approach the new ATH that happened in November, and this year it became my great hope so that Bitcoin continued to rise because I bought Bitcoin when the price was around $ 56K, and if I sell now, of course I have to ready for loss.
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Until now I am always optimistic that Bitcoin will continue to skyrocket, even though there are many FUDs until now but this does not make me hesitate to make Bitcoin a long-term investment, there will always be FUDs even with various analyzes that look perfect, but the fact that Bitcoin happens Survive and shine until now.
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Russia is the largest oil supply country for India, apart from Iran, of course it will be a serious problem if there is no deal with Russia, looking for a replacement that can supply oil in the short term is certainly very difficult especially the trend of oil prices continues to rise, making oil producers Have a strong bargaining value.
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FUDs have been active and massive since I got to know bitcoin in 2012, at that time many people spread accusations that bitcoin was just like a simple and easy program coin to hack, that's what made many investors not interested in investing in bitcoin, but because the community continues to grow then bitcoin skyrocketed by thousands of percent in 2013.
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To every deflation there is always a corresponding inflation. When an inflation set in a decline in price keeps pushing against inflation but that doesn't mean the market keep moving in one direction there must always come a correction. in those situation you can possibly sell off and wait for further decline to buy more. crypto is all about profit and loss. Instead holding to a long loss. sell off at a new high after a major decline so the tendency to buy more can set in
Unfortunately we never know whether the market will go up or down, the best thing I did was immediately sell and switch to a stable coin when it was at least 15% profit, but when the market moves slowly like it is now then I don't do anything and wait for the moment I think good for buying or selling. |
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Russia's economy has been tested when they faced difficult times at the beginning of the split of the Soviet Union, at that time there was a war for many years but economic conditions were still good, and now Russia's invasion of Ukraine has certainly done a lot of analysis including short-term and long-term economic effects.
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Teach not just your children but your wife as well, on how to use crypto, so that if something should happen to you they got additional fallback. By including your family in learning crypto, they gain a certain advantage since they'd grow knowing an additional monetary system.
This is a good idea to introduce all family members to cryptocurrencies, this will train them to invest so that when inflation occurs then we can take advantage of cryptocurrencies, the other best way is to save money and direct to invest in cryptocurrencies so that they can be maximized. |
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Russia is a country with large and strongest gas reserves in Europe, in fact many Russian gas companies control gas and oil around the world, because of this power, Russia is not afraid of sanctions from Europe and the USA because they also have great power, namely gas reserves. which they could stop at any time and that would be a serious problem for Europe.
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I am sure that many global companies will stop service to Russia as a sanction, of course this is detrimental to many people and also the company, this is what I am worried about from the impact of war and I believe in the long term there will be a lot of problems with Russia.
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Is it just me or people are out of liquidity ( money ) ?
From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?
In my country the same thing happened, the mall was quiet, automatic sales dropped because of the pandemic that happened for almost 2 years, people only bought basic needs and it was only for daily needs, of course not everyone was affected or ran out of money during the pandemic because many people actually increased their wealth such as the production of foodstuffs, instant noodles and so on. |
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