If you would like to do scalping trading is better to use exchange that offer profit from bullish and bearish market, like Bitmex. And to avoid big risk is better use lower margin like 1 to 5 times leverage. So we can maximum the profit because we can get profit also from short potition. And for the indikator, that combination is good, because Bolinger Band and RSI is given more accurate signal when the price reversal. Never forget also to use stop loss whenever make trade to avoid loss from wrong prediction.
As long as you are using a lower leverage, I am sure you should always get something good. It is actually greed that makes a lot of people to end up making the worst mistakes most of the time. Scalping can be a little draining though as you need to always be ready to make quick decisions in the market, irrespective of the platform you are scalping from. Perfect strategy for me is trend and momentum and I use indicators such as MAs, and Stochastic RSI to that effect. That has always worked for me, but not without knowing that the use of stop losses is one paramount thing for anyone that wants to scalp. |
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No one knows for sure what is going to be the price of a coin or when the market is going to go up will go down, you need to get those thoughts out of your mind, what you need to do is to figure out how to make money in this market even when you do not have that knowledge.
It is still in a very strong bearish condition as far as I am concerned, and I won’t be surprised if it peradventure ends up going down lower in coming days. For now, no one can really say how far or how low it would go as the market can switch turns at any time. Nothing however, in terms of news is good enough to help bring volume back to the market at this point, so in that case, I would not want to bank on the price moving up too much or for too long. It's unpredictable. Just like a little while ago. The bitcoin price drop very low and then it will go up once again.
So far so good, we have seen the bears back to work again and how far they are going to drive this one is only going to be known with time. For what it is, it is obviously already for those who were busy calling moons from the previous quick rise in price to know this is a very unpredictable market and absolutely no one can know what happens next which is why trend following is the only thing that can make you just blend with the market, however it comes. |
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I wonder if there is a way to take advantage of this fact. For example, the first thing that comes to mind is arbitrage trading. If you know someone in Iran and if you can move money across the border, probably you can. The other question is if this is just a temporary spike.
Most times, it is going to be restricted within the country since it would only be based on local exchanges anyway, and if there could have been a way to go the arbitrage way, I am sure it would not have ended up being up to that level and could have also affected bitcoin in general. We have had incidents like this in the past with bitcoin in Zimbabwe hitting a higher value than the global value but since the government had some sanctions against international transfers, it would be hard for anyone outside to lay hands on their funds. I still do not know why this news is actually not reflecting with the price of bitcoin against Iranian Rial as $24k and I am still seeing the same thing. I know with the economic situation that Iran is going through and the quick way of trying to curtail that will make the price of bitcoin and the demand for it within this region to soar high but from the look of things I really do not see this news being real until maybe I am able to see how the local exchanges are faring in this matter and the price listed on them. |
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I see that Credits is already having an increase in price of 12% since yesterday, but i don't think that it will moon just because of a partnership. The project needs to show more results before it can increase more in price.
This is a good point, I looked in to it a little after seeing this because a Lenovo partnership is no small partner. That's one of the best partners any cryptocurrency has managed and should be enough to draw some attention. I see that soon they will be showcasing some of their blockchains potential with speeds in excess of 200k TPS on offer. That blows all of the competition out of the park. Normally, most of the altcoins had a good move yesterday in the hope that the market would be a favorable condition for the alts to grow but as it is, it seems the market is absolutely not ready yet for such movement until we can clearly see the extent to which bitcoin wants to move. It is not a bad thing for Credits team, considering that such partnership is a big move and would really bring about some impact for its usage over time, but I really would not expect that much in the short term for market growth because of that. |
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Turkey itself is in a economic crisis, considering crisis effects the people first that means there won't be many people who have saved up money somewhere that will turn it into bitcoins for investment. They will first spend it on regular things they will need and that will result with not much left in their accounts.
Bitcoin has over 8-9 billion in daily averages, do you really believe that turkey can even remotely come close to 1-2 billion bull movement during a big crisis ?
I understand thinking and dreaming are very close things however an economically crippled countries people to spend 1-2 billion daily on bitcoin investment is not "just a thought", it is just plain ignorance.
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I agree, I have never been able to gamble aside from the sports betting in my country, and sports betting gets really boring after a while. Hence, now that we have bitcoin and crypto gambling (well we had it for a while now, I remember betting on blockchain.info for satoshidice it was built in the wallet so you could one click it) and now we can just gamble whenever we want and whichever game we want and wherever we want.
We also have the right to check the seed, make sure we are not screwed or scammed, we have rights to see the odds and if provably fair and we just have the luxury to be anon while gambling on any game that a regular casino has to offer. It is insanely awesome.
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The only part I really really really hate about UFC and basically any sport involving fighting is the waiting period. I mean we really have to wait until 6th of October until the fight but I understand in fighting sports both getting in shape and actually getting better from fight to fight is an important factor. That is why boxers who win in first round with a knockout gets a quicker rematch or next match and boxers who get like 10th round gets a later next match, same with UFC.
Also, I remember connor had to fight so many good fighters to actually be able to get the title at the first place, khabib only fight against people who were not fit to even get the title, this SHOULD be easy for connor but he hasn't been fighting for a while so it all depends on his training to be honest.
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I think the economy of the country will grow because of the gambling owners pay the tax and I think the amount will bigger because the owners take a big profit too from the business.
The growth of economy of a country from the people's bloodbath should not be consider a right one. I mean, people are ready to pay tax and from that tax money alone a country's economy should be developed and not from the taxes being collected from gambling houses. That is the reason many countries have prohibited gambling completely even they are aware of how big those gambling houses will be for generating income for a country. I think there will be many negative from the gambling that we should aware so we don't play gambling in every day and spend a big money on the games.
Yes, these negative things makes gambling as a bad and prohibited one even it will be having some positive things within it. Weightage of positive things should be higher than negative things so that we accept the existence of benefits from gambling. Some of us use gambling as a stress reliever. No matter if I win or lose I end up having a fun time and forgetting about my daily life. It makes watching sport matches much more exciting. I feel that the less stressed out we are the longer we live. I mean we all die anyways so might as well have a good time and do what makes us feel good.
Gambling as a stress reliever ? The reason I do not gamble much is because even though I feel I am catching fun once in a while, I get stressed with some headache even the more. I really do not know why that is since I do not always expect to win anything anyway, but still, it is normal to want to have that zeal since that is where the fun really is. If I wanted just playing game for the fun of it, there are several ways to play such games without gambling anyway. |
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Btctalk name ✅ Kevin77
Rank ✅ Legendary
Bitcasino.io BTC Wallet Address ✅ 16iC3AG3ijArJXyRHD7tW4t76yifqpMy5F
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I promise for high quality posts all the times. Requesting a probation of one week at least. Thank you.
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What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
I would recommend the holding because it is much safer specially to your investment compare to Day trading it is a vey high risk. Holding is actually a lot safer but trading is a lot better. I guess that would actually summaries it all. Holding is safer since you would not have to deal with the noise of the market as it moves up and down and you are concentrating more on the long term benefit you stand to gain in the long run anyway as compared to trading which you will need knowledge and experience to do well. You will need to be making either short term or long term trading decisions which could come with some risk anyway but nothing knowledge and experience would not be able to handle, so the choice is always based on each person. |
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Btctalk name ✅ Kevin77
Rank ✅ Legendary
Bitcasino.io BTC Wallet Address ✅ 3NMjv7u3VxmvrWgd8hNPf3K7p2gzLTWDbU
Wear Appropriate Signature ✅ Yes
Wear Personal Text: One of the world's leading Bitcoin-powered casinos✅ Yes
Wear Avatar: ✅ Yes
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We're done with the "investing" in bitcoin part. We need people to actually use bitcoin for what it was intended for.
But why would people use it at all? unless you are in a situation in which you are FORCED to use it (like in Venezuela or whatever) then chances are you will not care less about using fiat to do your daily shopping with bitcoin instead of fiat. People in general don't care, if they government works, they will not look for alternatives. And the fact that bitcoin can go up 100x in the next 10 years, also guarantees if people have some bitcoins, they will just hold it long term waiting for it to go up, instead of "using it", whatever definition of "using it" you have (I assume you mean buying goods and services with it) Let's just assume that mentality will just keep popping into people's mind and before we start to get some real life usage of this currency, I can as well just say the value must have increased hugely by then, the institutions must have gotten in with a very huge position and somehow, the price would not be fluctuating that much as it is today and that would only be left with those who are actually using it based on demand and not just holding for speculative FOMO reasons of getting rich overnight. |
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Yes, it seems like that market turn to the uptrend (you can reference in tradingview). But i think BTC price will go down again before come up. So you can wait to that time to buy alt.
That is what a lot of you newbie think and I am not surprised since you really do not see the idea of a huge price appealing and you would want to see quantity a lot more. However, there is nothing much to say about this, since we all have our opinion, but I guess only time will tell as to how things eventually turn out, but I would really urge you to stop having such mentality of bitcoin not improving and either switching to altcoins instead as I see a lot of altcoins getting a hit pretty soon. |
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You are looking for a group? most of them are found on telegram but it's better to study on your own on how the market are fluctuating.
There are twitter posts that you can follow but if I were you, I'll only get the important facts that I can adopt while dropping those that aren't.
You're already in a community (forum) where you can ask various questions about trading and potential coins. Getting into a group will only instruct you to pump certain coins.
Any telegram groups to me are just some bunch of wannabes and it is better to discard such. Personally, I have been there and over the years, I have learned the hard way that it is better to take your time to learn and make better decisions, than try to follow anyone's advice. Looking at some of the investment decisions I have made for the past few months based on the fact that I had to equip my knowledge, it was far better than what most of the so called traders make. Do your own thing and get the best while making better decisions on your own. |
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Is there any open slot for legendary members.. Love to join here.
Btctalk name : Kevin77
Rank : Legendary
BTC Address : 16iC3AG3ijArJXyRHD7tW4t76yifqpMy5F
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Wear Personal Text: Added
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when people talk about the value of crypto, then there will be "disappointment" and "opportunity" the two words are always associated either with prices rising or falling. they are successful adlah those who can minimize disappointment and take advantage of opportunities of course in trading. maybe now is an opportunity for those who want to invest crypto.
Yeah, but those two things is practically dependent on each individual. In every disappointment that someone is seeing, one other person is seeing an opportunity. A lot of people are complaining and whining about the price today because their mind is so centered on profit than even long term investment. For long term investment, I want to believe this should even be the best time for anyone to be getting the best from this space with the prices of most of these assets low, but they would not get that, will they ? |
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In this world of cryptocurrency it is a must to secure your own copy of your important details, bad things happen everytime you must prepare for it, if anything happen to your bitcoin information probably lost then you don't have to worry because you have back up copy.
Everything is risks when we have crypto it should save and secured. Never lost it this will have gains profit when you have btc. So when we hold and being patient about we have surely we can gaining good profit. There are some life experiences that can actually bring about some coins being lost. Death is like the main one here and which we all know has been a huge topic over the years. It is one thing to store up private keys in safe places so you can have full control of those keys and it is one other thing for someone else to easily have an access to it when anything happens to you. Death is inevitable and even from the case of the man holding a lot of people that dies recently with no one having his details, is one example of how coins have been lost and gone forever which includes bitcoin as well. |
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Yes for sure because there are a lot of whales on crypto just waiting for the right moment to earn more money by manipulating the market through pumping and dumping it, some could manipulate it through shilling as well.
At this stage, no one should even still be thinking if the market is manipulated or not, as this is clearly obvious. Robots are being used daily to make market run in pleasing ways by the whales. We keep getting some wrong signals just to implement stop losses and the whales gaining a lot from it, which is even very hard with margin or future trading, and all these things can be clearly seen as to how the whales are greedily manipulating the market to their advantage just because they just want to have it all. |
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backup is very important specially if you have something to keep, I got my mycelium wallet before and suddenly my phone got crash it has .5 btc by that time since I dont have any backup of my wallet .5 flies away.
2fa is also important so that your acct is much secured than without a 2fa.
One reason why it is important to learn everything about the space before making an attempt to do anything. A lot of people have lost the access to their account or wallet just simply because they just never did back it up and that can be a very frustrating thing to witness in the process where you end up losing access easily to it and the only way to get that back is the full control access which you do not have. Back up is highly important and should never be joked with. People are in rush of finding easy opportunities for earning bitcoins and forgetting to protect themselves due to those rush up. We always must remember that only slow and steady alone will win the race. |
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