Cryptocurrency market is a lot more unpredictable and volatile in nature compared to forex market. This makes cryptocurrency more exciting and a bit risky. Though the risk factors offer more returns.
In addition to that cryptocurrency trading is quiet more unpredictable to forex in terms of defying technical analysis in most cases due to its high volatility. Forex trading is more balanced in both TA and fundamental analysis thus making it easier for a trader to trade some selected pairs with profits. The most adopted trading strategy in cryptos is to buy low and hodl and sell high which is might requires much analysis but researching the coin. |
|
|
|
|
At present the price of bitcoin is rejecting the strong support at $87++ after a strong rejection a strong indicator that the price is not dumping for now. The pointer or indicatod that the price will reach $9000 very soon is the accumulation of the price between $8900 and $8700 once that zone is broken the price will break above $9K from own analysis.
|
|
|
|
|
I gambled to test my ability and precision in predicting some soccer matches invariably earn some money as an extra source of income.
My passion for soccer games is huge thus transferred my soccer analysing skills to betting staking with the amount of money I can afford to lose. So far I haven't done badly the little money earned is quiet reasonable and very helpful for payment of some minor bills and other expenses.
|
|
|
|
fundamental and technical analysis works as it had been followed by most traders. how the forex market works where the fundamental and technical analysis is also used also works the same way as the market all follow the golden ratio. you just have to decide which to use in different situation, funny because i myself doesn't do that. well i have trade using the indicators of tradingview which works only for me as the long term holder.
A trader with an indepth knowledge in both technical and fundamental analysis will always have an edge over the market as you said. Just like forex fundamental news moves the market invariably the price of the instrument or stock traded which is similar to cryptocurrencies trading. Price Action, charting analysis plus few indicators had proved to work on a long term trading all theses are based on TA. |
|
|
|
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
No one know what happen on the future of bitcoin price. 100k hit are possible when price same stable right now and new investor become to adopting bitcoin as payment and learning how to blockchain worked. $100K price of bitcoin is too high to be attained within the next seven months this is a mere exaggeration IMO I understand that the price of bitcoin is becoming very expensive these days due to its bullish volatility however that does not necessarily indicates a massive pump will be on the horizon before next at least the price has to break the $20K mark ATH attained in 2017 before heading upward. |
|
|
|
2017 was a very tough year for me. All efforts that i ever made to make money proofed abortive, then my friend told me about gambling and how he has been making money from it. I didn't buy into this idea because i have had a very bad impression about this game even though i never tried. Am sure you all know that gambling has a bad reputation lol  . At a point i had no other choice than to give it a trial on a sport betting site. That day i made double of my money and i promised myself never to stop gambling That was how my journey on gambling started. Can you share your story briefly and clearly  LETS GO GUYS I am a soccer enthusiast I love analysing soccer games and followed soccer analyst and pundits invariably I was easily lured into soccer bettings by a friend initially I used to accumulate many soccer matches after being at the losing end as a result of one or two bad games I changed my tactics or strategy to playing two or three matches accumulation playing with the amount of money I can afford to lose thereafter I had been having some winning bets. |
|
|
|
|
I started forex trading five years ago before diverting to cryptocurrencies my trading strategy is based on Japanese candlesticks pattern which is similar to forex and price action try and make research on those Technical trading ideas without much indicators using higher timeframe at least 4 hour timeframe.
More so as a newbie just check out some prosperous coin buy and hodl if you can't learn technical ways of trading.
|
|
|
|
I do not think so. Bitcoin is still struggling to break the price level of $7800 - $8000. If it goes beyond the price level of $8500, by the end of this month, then it might touch 11k. There is too much resistance at 8k.
But , hey this is Bitcoin and anything can happen.
Yes the resistance at $8K had been very strong price rallied most of the time it hits that zone and retraced or pullback its almost five times that the price of bitcoin tries to breach that zone but unsuccessful, however once that strong resistance is broken the price might journey to next zone at $10K+ the tendency of the price reaching $11500 in June might not be realistic yes. |
|
|
|
Hmm, this is difficult question. Let's see my list: - Ronaldo- Messi- NeymarFailed at UCL and WC so a big no. - van Dijk, potential UCL winnerA defender. - Modric, WC runner up- Hazard, WC 3rd pos, good EPL statsNo trophies - Mbappe, WC & Ligue 1 winner, Ligue 1 top goalscorer - Salah, EPL top goalscorer & potential UCL winner So between these two strikers, I would recommend Mbappe  My take is on van Dijk, potential UCL winner if Liverpool eventually wins UCL this guy had been solid all through the season despite being a defender he also launches attacks and a threat to their opponent. Recalled Canavarro of Italy also won a ballon D'or despite being a defender both messi and ronaldo had not been impressive this season thus both do not merit it. Sarah was impressive last season but this season he was a shadow of former self. Mbappe though is a good goal scorer for PSG but having crashed out of UCL in quarter final by an injury ravaged MAN UTD team was out of contention. |
|
|
|
|
I believed your decision to quit your job for trading is based on the fact that your job is not a well paying job or unsecure and the profits accrued in your trading is more than your monthly salary of course l have met full time and experiencef traders whose trading portfolio is huge and are profiting in their trade consistently invariably their overall earnings is far more than their salaries.
|
|
|
|
|
This is a motivational story that all hope is not lost this post will encourage investors out there who had already given up on cryptos investment because of one reasons or the other eg non listing on an exchange etc.
Despite losing his job crypto came to his rescue having kept faith with his portfolio due to his diligence and research on the right coin for investment thus at a long run became profitable.
|
|
|
|
worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think  maybe a successful villain is the appropriate name 😅😅😅 Well, I knew that lot of community of bitcoin enthusiast believed that they will become rich in the future. That's why they are holding their bitcoin in a long term, and of course including myself too. Especially now the flow movement of bitcoin was good so far, and I knew it will continue to up its price value in the market. before going into the future, there are already many bitcoiners in 2017 who become rich. so even though the price is still moving up after the dump, they still enjoy and hope that bitcoin will be more valuable later For sure there are so many investors who are now rich because they had great experience with bitcoin. many people have become rich with bitcoin because they bought in 2016 at low price and then holding to sell in 2017 has made then emmensnally rich so I think there is same opportunity for us we can buy some coin at this low price which can be sell in 2020 to become rich. Even other altcoins apart from bitcoin had made a lot of people wealthy. In 2017 during the days of pumped price of bitcoin early investors who sold bitcoin had turn millionaires although such a feat might not repeat again however some investors still have confidence in the market waiting for any opportunity of becoming wealthy overnight through bitcoin. |
|
|
|
|
Gradually and steadily the price of bitcoin is making a new higher high thus breaking resistance the price had already retraced many times after reaching $8K.
Hence any moment the when price pullback its most appropriate time to enter the market thus not late of course the price ranges for long at $5K before heading to 8K so its better late than never to enter the market before head it reach to $10k.
|
|
|
|
|
I couldn't make enough money in gambling in 2018 partly because I was too involved in trading and most of my time was to study chart while less concentrating on gambling however in the beginning of 2018 my involvement was a losing one while winning some before I fully embarked on trading I hope to get to gambling come August this year.
|
|
|
|
|
If this is most ideal way of checkmating the illegalities of those fraudulent middlemen using blockchain technology it will be a highly welcomed development the chain supply when fully deployed will be use to identify the real source of those minerals shows the effectiveness of blockchain in the correction of abnormalities in the various sectors of the modern economy eg medicine, chainsupply, security etc.
|
|
|
|
|
Another good opportunity for AT&T customers to avail themselves of using bitcoin as means of Bill payment this is coming on heels of the price of bitcoin rising and increase in its volume traded.
This will open up bitcoin acceptance by many Tech companies in US as it growing adoptions will spurn it accelerated growth and development as a digital currency globally.
|
|
|
|
|
Numerous opportunities of buying bitcoin at dip had been playing out since the price hit $8000 its up to five times that the price pullbacks or retraced creating buying and hodling before heading upward to $8K again consistently presently the price had pumped to that price.
I will wait for a dip again and buy at low then sell at high taking some few profits.
|
|
|
|
Scammers are majorly after newbies to cryptocurrency. Funny many are been scammed daily. I have been safeguarding some persons in my country I come across, I help them to buy and sell bitcoin by referring them to reliable escrow and exchanges, sometimes they put me off the picture of their deals, although very few on of them, and some do get burnt, having a good mentor in this space is very important.
I remembered when I was a newbie I was almost scammed l was lured to send some bitcoin and promised a rate of Return Of 200% in three days time similar to hyip. Honestly trusted exchange or resellers is the way out in cryptos because of fraudulent practices across the cryptosphere and moreso the use of ESCROW services is another option in transaction of bitcoin in addition to the OP ways of preventing scam. |
|
|
|
Most of the time Gamblers got success by using their luck but in sometimes if we thought this will go properly it will work definitely so we cannot predict how it can work in sometimes the experience will helpful but in most of the time the lucky only favours for getting success.
It's basically about luck but you should play with strategy. It means you should take control of your mind and emotion so that you would not lose your mental health. Gambling is a 50:50 game of luck or chance irrespective of the strategy deployed some martingaled their game to have a brighter chances and hoping to have an edge nevertheless its turns out losers however l am very sure that many gamblers are really making money from it particularly sport bettings of course we have good pundits and analyst whose prediction of games is accurate. |
|
|
|
It's our choice to choose a strategy where we feel comfortable to use when we are trading. As for me, I would rather use the basic way and normal way to do trading rather than putting too much complications. I would just want to do a simeple way rather than relying too much on technical analysis.
This strategy might be too complicated or complex for a newbie in trading buying low and selling high is just the basic way of trading just like the price of bitcoin hitting $8k take profit while it has retraced buy again and sell high consistently however technically Elliot wave pattern is such an advanced trading strategy for swing traders. |
|
|
|
|
Show Posts
