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61  Economy / Trading Discussion / Re: What are the steps in understanding technical analysis? on: June 23, 2023, 03:29:39 AM
if we want to learn technical analysis, I think there are many references that can be studied. at first we have to understand support and resistance, because in that area we can usually use it to make money. but what is difficult is to set targets and stop losses that are mixed with emotion. and afterwards by doing practice we will automatically have experience, and that can be used to find our identity in trading according to our own style.
62  Economy / Trading Discussion / Re: What is your honest review of the Demo account? on: June 23, 2023, 03:18:39 AM
There's not that much to think of demo accounts, they're good as testing features of the exchange where you're about to trade. And it's actually good marketing honestly. Because when someone new tries it out and he's winning into his demo account, that will make him encourage to deposit and later on do the trade. But we all know that the actual trading is entirely different from the typical that we know of. That's why those that have lesser knowledge in trading and are still new are likely the ones that are losing more.
Demo accounts are actually a big help for us especially for beginners who want to learn to trade without risking money. But know that live trading is a totally different scenario unlike when you are just a trading with a demo account. Your skills and strategies will be tested, as much as your emotions will matter a lot. And that’s the reality in live trading, at least you should be more exposed to it and let yourself experience losses that will eventually turn into future profits when you’re already a pro in it.

Emotions are really the problem in demo accounts because you just treat it like you'll lose nothing. That is why others prefer to have the live demo, as they know that every entry they've made is a loss if they didn't follow the strategy. The demo is really useful in back testing your strategy because you know if it is profitable because if you do it in live, you'll lose a lot. It still depends on the trader if he wants to utilize the demo or live trading, as we learn.
the demo account is good for testing our trading strategy, but we have to apply it as well as we can, considering that we don't lose any real money. therefore a trading strategy that can be honed on a demo account. after that we can hone our trading skills on a real account, and we will be able to feel the difference, because here our emotions will be tested, no matter how good the strategy is, but if our emotions are unstable then bad results will be achieved.
63  Economy / Trading Discussion / Re: Met Beautiful Young Asian Woman On Dating Site To Teach Me Trading on: June 23, 2023, 03:05:36 AM
Are you sure you trust this person to teach you how to trade? Is it really safe? Smiley
Of course it's not safe, this fraudulent pattern is easy to spot for people who have been in the crypto space for a long time. Scammers usually contact you unsolicited, one wouldn't think a professional should be doing this even on the sidelines.
You should recognize people's professionalism based on publicly confirmed accomplishments, not anything they admit to privately.
it's true we have to recognize him, he is a genuine trader or just a marketing, with his language style we can actually recognize him. usually when their marketing usually gives sweet and legit exposure, and risks are only discussed in passing. that way it can make us interested in following it. therefore, as a beginner, you have to learn a lot and don't make decisions right away. at least we have a view of the world of trading from one side
64  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty 3.0] COMBO Network ex COCOS-BCX | 🚀 100k USD Worth of Tokens 🚀 LISTED on: June 23, 2023, 02:38:16 AM
#Proof of Registration
Forum Username: nur rochid
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Bitcointalk rank : Full Member
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65  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: June 14, 2023, 01:16:52 PM
I think btc is my top choice, in the sense that I'm investing for the long term for my future children so that with the characteristics of bitcoin I choose it as the main investment in cryptocurrency. That's not to rule out altcoins, but there are also some that are worth investing in. to be honest for now I use cryptocurrencies only to make a profit. no need to analyze bitcoin to detail, whenever we have money then that's the right time to buy
66  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Want to invest on: June 14, 2023, 01:07:35 PM
no better time investing than right now honestly, the market is in confusion and there are many assets having their price
discounted so heavily, you will get upper hand if you invest right now but only if the condition didn't become worse, because you're definitely gonna be one of those that gonna be holding for another coming of season.

That's right, when the price of bitcoin and altcoins is declining, don't be afraid to start investing,
I can say anyone who has just started investing in cryptocurrencies now is a lucky person,
just imagine that altcoin prices are already very cheap and you can get at least x2 profit in a few months later.
for those who have a speculative mentality and have calculations and knowledge about crypto, now is a good time to look for an area to buy. with a low price we have a greater chance of profit. here we are required to take advantage of each season with different treatment. during the bearish season like now, it's not the time to sell but we buy as much to hold until the bullish season comes. so don't worry about every season, we should be able to respond to it
67  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what happened to the market today? on: June 14, 2023, 12:58:14 PM
i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today? Roll Eyes
If you are new to the crypto space, I'm not surprised. But just to tell you that what you have seen today is very common in the crypto space, that's how volatility looks like and we can't expect everything to go so well, a market crash is also possible. That is why it is called a risky investment and if you can't manage to handle this situation and are able to adopt it, surely it gives stress on you.
I encourage you to keep strong and calm, it dumps today but believe it will turn back high again.
Crypto is indeed a risky investment, but it also has great rewards. In fact, we can manage the risks ourselves, but greed often gets to us and ends in cut losses. the safest cryptocurrency investment is in bitcoin, so we can place most of the capital we have, and after that we must be able to diversify according to the level of risk. that way we will remain calm in the face of existing fluctuations
68  Economy / Trading Discussion / Re: Need signal service on: June 14, 2023, 04:06:57 AM
Help me to find out any best telgram signal group. I dont have time for analysis. Just check the signal and trade. Thts all i need for trading crypto. So suggest me some best signal group.
When you are completely dependent on others, you will always face big losses. And if you continue to trade like this only following other people's guides, you will learn nothing that will not be of use to you. So if you don't have time to analyze then forget the trading plan and focus more on where you can spend your time. Because knowing some things is not useful nowadays.  Whatever you do, you must be an expert at it, so you can do it well
right, we must be able to rely on ourselves in trading, and have long-term thinking. if we always rely on others, then forever we are preoccupied with looking for the best. whereas the best is within ourselves. but sometimes many people are lazy to process and want something instant. We should avoid such a mindset so that in the future we become independent traders, and can enjoy trading with all its ups and downs. now it's easy to find trading signals, but we have to analyze which one is the best, if we are forced to follow it, of course we can learn how to trade properly
69  Economy / Trading Discussion / Re: What's your favorite crypto;Bitcoin on: June 14, 2023, 03:56:25 AM
If you ask such a question in a Bitcoin forum, Of course, the majority of the forum member will say their favorite crypto is Bitcoin. It's not like they don't own altcoins. Most of us own altcoins and we use them for various purposes. But, when it comes to my favorite crypto, It's Bitcoin. There is a reason behind it. Bitcoin is the crypto that people trust because of its decentralization. No one will be able to manipulate the market by increasing the supply (Whales can do it by buying or selling a huge amount). Bitcoin price will increase over time. If people understand the concept of Bitcoin, they won't say they like some other coins except for Bitcoin.
in general people invest in cryptocurrencies, they certainly choose bitcoin to place their main asset. after that with less capital they usually put on altcoins as an option. this is because in cryptocurrency the safest coin is bitcoin, while all altcoins follow the movement of bitcoin, so we must realize that as the basis for securing our money in investing in cryptocurrency. indeed altcoins provide greater profits, but bitcoin provides security in the long run
70  Economy / Trading Discussion / Re: Trading addiction, are you coping? on: June 14, 2023, 03:47:40 AM
Trading addiction, in my opinion, is only for persons who continue to trade while regularly losing. It cannot be labeled addiction if you trade a lot in a day and still manage to be profitable.
I think regardless of the results, as long as you've been doing that activity at most times on a daily basis that can be said as addiction.

There's no difference in gambling addiction and regardless whether you win or lose as long as you've been doing it everyday for many times, that can be said as addiction.

That's just my opinion regarding if someone who trades daily and keeps on winning but I guess that's a good addiction if ever you're making money out of day trading. Anyway, we'll still fall that anything that's too much is bad.
addicted to trading as long as it is in accordance with the analysis I don't think it will be a problem, because many of us are addicted to making transactions even though the price has not yet been included in the work plan, we are in a hurry to make transactions. this is natural for humans to do because our nature is like that, but we must learn to wait until the price enters the buy area and we enter a transaction. if that's the case, trading addiction can be assumed to be positive for us, because it means we love our job as traders,  by loving our hobby, it is hoped that we can gain profits according to the portfolio that has been made
71  Bitcoin / Bitcoin Discussion / Re: Bitcoin is still a digital currency on: June 13, 2023, 10:48:20 AM
What if I own a silver dollar? Technically, it's still a currency but most people see it as an asset. I get your point OP but is the distinction really important? You worry too much what the government can do, it's not like they have full control, unless you consented control of your bitcoins to them.
You are very right Obito, but you mentioned that most people sees Bitcoin as an asset, don't you? I don't believe that most people just see Bitcoin as an asset, I believe Bitcoin positioned itself more like an asset, because the Volatility is obviously creating buying opportunities for the future Bitcoin investors, even an unborn baby will have his chances with Bitcoin because of volatility, what we don't want to do is buying high and selling low, it should be the other way around.

If you can buy low and sell high, that makes it an asset because you need to hold for long term for the selling time to ripe, you holding and keeping it makes it an asset, it adds value in time, to me Bitcoin is more of an asset than digital currency.
for beginners it is undeniable that by buying bitcoin we will get more profit from the price volatility that occurs, therefore it is not surprising that more and more people are joining to put their money in bitcoin investment. after they enter, you must be patient to wait for the profits to come. that is what is more popular than bitcoin than its use as a digital currency, just enjoy the benefits and dare to take opportunities to invest, and the rest if regulations have been established then we are already in the line of changing times
72  Bitcoin / Bitcoin Discussion / Re: I now accept bitcoin payments in my Beauty shop on: June 13, 2023, 10:40:10 AM
it is very profitable to currently open a business and accept payments with bitcoins. if this kind of thing is done more and more, it will accelerate the adoption of bitcoin among the wider community, people who don't know will find out, and people who know will tell the advantages of using bitcoin, so people who don't know before will be interested, with more and more people knowing like that, then this will result in a greater demand for bitcoin so that it can increase its price
73  Bitcoin / Bitcoin Discussion / Re: Kids and Bitcoin on: June 13, 2023, 10:32:13 AM
children nowadays seem to be smarter and easier to catch something new, like bitcoin, where as children by looking at the bitcoin logo they can remember it, and when they go to school they will find out in detail about bitcoin, moreover today's children are fluent using a smart phone, so it's not difficult for them to find out in detail about bitcoin, moreover being able to get money from bitcoin without having to use cash capital, there are many ways and that's what makes them more excited
74  Alternate cryptocurrencies / Altcoin Discussion / Re: Promising altcoins? on: June 10, 2023, 06:58:35 AM
Ethereum (ETH),Binance Coin (BNB),XRP (XRP). how to choose how to distribute the interest on them?

I chose 20-40-40. By that I would put 20% on ETH, 40% on BNB and XRP. I think BNB is the best and I really like XRP too.
I don't know how XRP is progressing at this point. Whether they have won against the SEC or not. But I chose XRP only because of my intuition. I feel like XRP will never crash or become a scam.
if I reverse between eth and xrp, I allocate 20% xrp and 40% eth, considering that eth is the same as bitcoin for altcoins. and I think that way it will be safer to invest, especially since eth is in second place after bitcoin, and is the safest altcoin to date. bnb has a large community and with their products they can increase trust so that later investors will get bigger and it is possible that the biggest profit can be obtained from bnb. while xrp, I think it's good too but I think its development will not be as good as bnb
75  Alternate cryptocurrencies / Altcoin Discussion / Re: Do meme coins have a future? on: June 10, 2023, 06:48:50 AM
...

I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
You are not the only one that wonders why those coins are so popular, however they are popular just as a speculation vehicle, as the people that invest in those coins know very well meme coins will not make a lasting impact on this market, this is just about the money they can earn and nothing more, and about their impact, even if I do not think a single one of them will have a long term effect on this market, as a whole they will have some influence, as besides POW coins, stable coins and POS coins, meme coins are some of the most popular coins we have on the market.
Meme coins are popular because they can fly high and are popularized by already big name influencers. although many know that coin memes are risky for investment, in fact there are still many people who like this coin to multiply their money. Of course, we know shiba, which is still at the top. Whether there will be a good future or not, no one knows for sure, but in fact it still has a large community. early investors smiled. but those who follow him for fomo will weep for an unknown length
76  Alternate cryptocurrencies / Altcoin Discussion / Re: why people are always interested in altcoins on: June 10, 2023, 06:31:43 AM
Actually we can't say that altcoins will end in the reason. Because altcoins now days have many projects which means they are becoming big. And also we can not deny the fact that altcoin have a good side because once we are investing in a good and trusted or let say legit projects then we can make more profit. But the bad aside of altcoin in my opinion once you will invested in scam sites and projects then you can't have your profit. So you will got loss.
many people like altcoins because they generate big profits, even though they also carry big risks too. however, a satisfying profit seems to cover them from the magnitude of the risk, so that path is taken, especially if you have aspirations to get rich quick. actually it won't be a problem if we have the ability to analyze, but if the analysis is wrong, it can happen that a long wait and a scam project can occur, so losses are inevitable. especially if all the capital is for the altcoin, of course regret will occur
77  Economy / Economics / Re: Should you save, when you are wealthy? on: June 09, 2023, 07:45:41 AM
Yes for me it is important to save even if we are already wealthy. Saving money can provide financial security and help us achieve our long term financial goals. It is important to have a plan for your money and consider how you can use your wealth to support future needs. One way to save is to create a budget and stick to it. This can help you identify areas where you may be overspending and find ways to cut back. Another way to save is to invest money in assets that can grow over time such as stocks and real estate. It is also to consider the potential risks associated with your wealth. Unexpected events such as job loss or medical emergency, can quickly deplete your savings. Having an emergency fund can help you with this kind of situations.
Savings can be grouped into two. saving to prepare for an unforeseen need, and saving to make that money grow. therefore try to save money used for investing, you should not use savings for daily life or savings funds to guard against sudden needs. logically if we invest without involving daily money it will maintain our psychological stability so that it is not affected by high fluctuations.
78  Economy / Economics / Re: How do banks generate income? on: June 09, 2023, 07:35:39 AM
they are smart in business, I'm sure every bank has a good financial adviser, because of that they can last a long time in their bank business. take advantage of businesses that are very suitable for their profit fields in customer money circulation. if what you mean point is in they earn, well that's one of them, but i believe they still have big investment behind it to generate more profit for the bank itself.
they collect money from customers with the title of savings and they lend it back to customers with interest that is greater than the interest on savings, so they get profit from it. On the other hand, banks also trade on the stock market or other markets, so they will get a bigger profit from that too. even though there are not a few bad loans, they also have calculated the risk from the start, so this can minimize the risk.
79  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 09, 2023, 07:21:13 AM
They have the same risk, that's why the level of lending is higher because if you don't know how to manage money properly, your lending money might end up in vain if I compare it to holding.

As for holding, it seems like there is no risk, but there is still because the only enemy I see here is that if you are not a patient person, it is clear that you cannot be here. That's why, if you buy Bitcoin to hold for a long time, the money you use here should be the extra money you don't need.

You made a valid point that there is risk involved in both in lending and holding. In lending there is risk that borrower may default which is beyond your control but you can mitigate this risk by selecting a reputable entity having proven track record of repaying loans.

Holding requires intense patience when it comes to investment like Bitcoin, emotionally driven decisions based on daily price fluctuations can lead to impulsive actions that may not align with your long term goals. Overcoming this challenging issue can be achieved by avoiding daily monitoring of investment portfolio.

therefore to hold bitcoin for example we must have tips to gain patience due to high price fluctuations. many people are right holding bitcoin, but in the end gave up. this happened because they could not stand to see high price fluctuations, and experienced a crash, of course in their hearts they thought that if they lost more money, then ending it would be better. even though it was a mistake. whereas with borrowing, of course it will increase our mental burden, can we go through it, of course we have to use careful calculations, before doing it
80  Economy / Trading Discussion / Re: Risk management on: June 05, 2023, 07:07:53 AM
When trading there are rules to observe in other to protect your margin, it's more like if you can't make more money, don't lose the one you have,
 That's where risk management comes in handy.
    The strategies are;


_ Don't risk too much money, start with what you can afford to risk. Focus on the risk not rewards.

_ Identify potential risk as;if it goes down, if you don't take profit, if you don't use stop loss and if the coin goes against your analysis.

_ Reacting to risk, use stop loss and always take profit.
I agree to use stop loss, when I started crypto I always forgot to use stop loss because most of the coin the I invested before are new coins that's why the probability that it will be go dump or pump is uncertain. Later on I realize that it is good to have stop loss not only TP, it is very important for beginner and also to those people who doesn't have enough time monitor their assets.
trading on new coins will be more risky, if there is a disposal, then it is very extreme, that is where the role of the stop loss is to anticipate bigger losses, considering that sometimes we cannot fully observe the market, so we must be able to anticipate bad possibilities, and keep our finances safe. the size of the stop loss depends on each trader according to their view of the market, stop losses are safety, so we can calculate the risk at the beginning before trading. don't let us make the mistake of intending to trade short-term, until what happens is that we hold it for the long term
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