Trading is totally risky if you don't manage it carefully. A stop-loss setting is a thing that helps you out from that situation, most traders are using this strategy knowing that we are not having in 24 hrs active in trading. We need to sleep also and keeping our trade safe is we need to set that before worse things to happen. That even we use this strategy, it still not warrant anything that we are totally safe, somehow we suffered losses depending on the market situation and also the way manage our trade.
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You should've included the epic Tweet reply from Spencer Schiff himself ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) : I'm still up to this day quite convinced that what mostly separates Austrian economists that are gold bugs from being bitcoiners is their technological literacy. I don't think it's a coincidence that people who are less technologically literate are the ones who dislike bitcoin with passion. That is also what I supposed to think about. They know more than normal people, but they actually never see the good things in Bitcoin. It could be possible that this is against from their Business? Doubtedly that they have any and they want just to ruin Bitcoin for their own benefits, in fact, some big business owners are accumulating Bitcoin already which means that they are preparing the transition and it is nearly to happen one day. I don't get their well, not even to understand why he hated Bitcoin. Or they are just loyal to the stock market.
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Hello Friends,
If there is a DEX to be developed from scratch then what features will you want in it, which is not in other exchanges. How this DEX can be made work like binance. thanks.
There are a lot of benefits that we can get from any decentralized exchanges * Low trading fees: however this will also matter of we want fast transactions or not (high fees=fast transaction) but still depending on the network traffic. * Security: no third-party involve * Easy to manage asset: we the one that fully controlled our wallet But it comes into trading volume and pairs, DEX isn't good to that, and that is the reason why many investors will look into CEX even they are risking their wallet keys and prone to hacking.
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Don't ever believe those fortune tellers because it only disappoints you.
Forget about bearish or bullish trends. It is all been possible but we can neither tell which one. I'd never seen that we are already going back to $9k, the market seems so healthy this time that is why it never bothered me to think about it even of seeing a few dumps. What I see this is a normal scenario and this is just for now since most investors are investing altcoins due to Defi hypes and soon it backs to normal.
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Please stop making lies in here. What @Yoshie said https://bitcointalk.org/index.php?topic=5274302.msg55153996#msg55153996 is enough for us to think that the owner of this wallet is not you actually. And then you have asked us for some donation and send to the wallet that you have no control over it? How can you make withdrawals with those instances? Maybe only a stupid person will buy this drama and make such donations. You'd likely to make us a fool and I don't think that you will win for this. Sorry if it hurts you, but this what I can say, and I hope it was clear for you to understand.
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It is very unfortunate that these coming projects mostly/majority are worthless. Investing these projects it is likely we are feeding these scammers. Just like many others say, FORGET about ICO/IEO, their time is already passed by and we are about to face the Defi system. However, it won't make things great at all. Still, we are flooded by fake projects and not this Defi system will help us out and turns back the good looking crypto image.
New project/s + less promising= more scam
Stay away from them, it much better to risk those projects that have been existed for quite long.
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If someone (you don't know) approaches and to talk to you about investing crypto or anything alike surely you don't trust nor you risk money with this person. But how online get into magic? Because scammers can use known names just to hide their scamming intentions. It is really sad but that is the reality in today's life. Most people got reck, encourage to risk a huge amount of money when hearing about "doubling your money, invest now get rich later" and etc.
Online can easily manipulate our minds especially when you have money and planning to invest. We don't talk to strangers, yeah, we are but someone got you talking about these Ponzi schemes( as I've mentioned above), it turns you out and boom.
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... I quickly navigated to the withdrawal history section to see if my account have been hacked and the hacker withdrew it, but surprisingly, there was no new withdrawal history except for the ones I've previously made which the last one was about 3 weeks ago, my bitcoins disappeared just like that.
It was a bit worrying when you have seen a withdrawal transactions but there is nothing, it might be there is a problem with the site only. We can't still conclude that you have been scammed already ( not possible) because you have visited the same site (not a phishing site) and made transactions before and it works fine. The support gives you the replies and there a chance that it will get back to you unless if there are no responses coming from them. Better to wait somehow, put yourself at ease. Because if you are using legit exchange, you'll nothing to worry about. This could sometimes be an issue, in fact, I'd experience like this before but it is just resolved if we are asking help from their support team.
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The head and shoulders pattern hasn't been filled maybe there will be another dump for bitcoin technically. But who knows? There is no certain strategy which have 100% accurate.
No strategy will work for this. The market still never shows strong market resistance in which we could expect Bullish but that seemed hopeless and not a thing we have to expect this time. But I was not thinking also that we get back to 4 digits instead of keeping at above $10k until we end this year. Also, I heard a new yesterday which stated that Warren Buffet has diceded to sold their 100 portfolio in stock marker which can affect for bitcoin and gold and we have seen a little surge increase a few time ago.
Warren Buffet? You better not to listen with him coz there is no truthfulness with his words when talking about crypto. He's dragging only to hell than saying good for it. Besides, if that is true, he's not only a bag holder and that means that even he sold his Bitcoin (if he has) won't certainly give a huge impact on the price.
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Bitcoin and ETH are always in my heart, nothing that could ever replace this, in fact, those in your list are not even known to the market, and that it seems to be hopeless having those coins. Well, maybe they are not shitcoins but I haven't interest in them for the reason that they are not performing well, and not even have the name in the crypto market.
2021 could be an exciting year because it might the pandemic is over and this will give a huge impact on the market price. And the possibility is that we gonna be in Bullrun. And having these two coins BTC and ETH will give more assurance than having those unknown coins.
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Important Tips: It is important to understand how Bitcoin works before you invest any money. Bitcoin and cryptocurrencies are still a new technology, and it can take you months to understand the real impact they can have on the world. Take the time to understand Bitcoin, how it works, and how it differs from regular money.
We SHOULD, and the reason why most newcomers suffer the consequences of losing is that they never know what they are doing. They just come into crypto without basic knowledge, they are likely just recommending themselves to make donations. Losing, winning, being a dumb person, these are things that we commonly experience and yet, we use this bad and good experience to coach ourselves and the others. Could be that sad how people easily get quitted after not experiencing good and they then keep thinking that Bitcoin investment is no good but a risky thing.
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I understand the sentiments that a newbie must have to learn and that is why they keep asking to know more. Of course, each member has different opinions and they also rely base on their experience which is better than telling lies. And these individuals will certainly be saying this is the best, this is right, and this must have to used. But newbies also asking how about this one? why not? What will happen? It was hard when you are directing to the right path but someone asking also different ways.
The reason why it complicates newbie's mind is that they are not satisfied with the right things instead of being curious to know on the dark side that all not suggesting it. They are only making themselves being complicated, not those people who are helping them.
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New crypto wallet? You should be careful to this. Not judge this easily but as a number of fake wallets sprung around, it is possible that this is one of those. I was skeptical when it comes to this. In fact, MEW had no escape from this because scammers use the name and get pished.
I'd rather have to use the old one, it was proven already and not a thing that gives us worries that when we wake-up and check our wallet the fund still there. Why have try another one if we already suspected it? Anyway, there is no wrong about trying just to check the legitimacy of that new crypto wallet and to give feedback as well, but we don't need to give trust easily as it sometimes takes months before we know it how real it is.
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Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.
It was sad but unfortunately, people keep believing that they can still make money out of them. I know that not all have of the same intentions but knowing that only a few of them give what the investors must have to expect with and being consistent with what they have promised, it makes us be careful in choosing the project for investment. The most disgusting thing to see now is that many exchanges tried to manipulate the market volume in order to attract investors. This will emphasize that money is important for them than reputation, and this actually ruining crypto in general.
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It simply we can understand what we do if we all make it in shortcuts. Definitely, there is no magic in crypto, and in just one day we can fully understand it? No, it is impossible. The same thing that we have in our lives, even in our job. You can't simply get the manager position if you have a lack of credentials.
People keep reading, searching, and finding more ideas just to make themselves fully equipped. It is likely we have to acquired also and so in every time we struggle difficulties and losses, we easily understand it and not to blames others instead of ourselves.
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It was a tough thing to do, I can't imagine how hard to make people to clearly understand what is Bitcoin and what is crypto. It was a challenge to catch someone's attention when they are already minding Bitcoin as a way to lose their money.
The only thing to do in order to make people believe and give a positive look toward bitcoin is to show and prove to them that we are already using it and even make money. Their mind will open up for sure once they have seen it with their two eyes. We have to clear things that make them doubt and give them the support they need.
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I should choose into CEX over DEX, why? traders never just look into security matters coz we can make it on our own without fully relied on the exchanges platform. What we after are the liquidity and huge market volume which it courage more traders and investors to come, unlike the thing we saw in DEX.
But of course, we should look into the most reliable exchanges. Name is very important, people will choose a certain exchange either it is DEX or CEX as long as it can be trusted. The thing we need when it comes into trading is why we can make good profit from it because in general, hacking could be an issue but if we care enough and never keeps funds on the exchanges, we don't need to worry.
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Doing this manually is hard to be honest. You should use some bots like 3comma in order to automate your spot traders, else you are following some good signal providers with middle to long term signals. But for scalping , I would advice you to use automatic trading bots since they are fast to execute your orders.
I don't believe that OP is looking for bots instead of his own. He actually wanted to trade manually and I know he has the capability to work on it or even near to perfections. Trading could only be hard if you are not comfortable with it and not your passion. No, nothing will it results good if we are not in our comfort zone. Signals? Following those things is enough for you to drag in hell. Signals are not a thing that it helps to have better results in trading, instead of having those, we better make our own and we are also learning.
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The above replies are good enough and I hope it will brings your into the right path. But there is one thing I have to give, don't take trading seriously. Promise, it makes you addicted when you have been doing it well, and soon it changes your attitude and becomes greedy which could be a reason of your failure.
And don't put all your money in trading, this is not a thing we can assure of even though you've been doing it great. Have to keep in mind the risk in trading and much better to have back-up rather than losing it ALL for just a minute.
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2. Bitcoin got pulled down because of DeFi unwinding
I suspected this having a huge impact to the current price trend. People are now taking the opportunity with the current market flows, they are probably selling their Bitcoin just to accumulate more on altcoins. They are making this way just to make money and take advantage on the situation. We are moving back to $10,500, but I was not expecting that it goes down below $10,000. Well, I don't feel such consistency and keeping altcoins to its momentum. https://www.tradingview.com/chart/BTCUSD/mr2XssSJ-BTCUSD-long-view/This is what we possibly see once done. We have to see what will happen in the coming days.
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