I have been in trading for some time now and as I become more experienced in trading; I discover some terms in trading that have captured my interest, as these terms help me gain knowledge to maximize profits and minimize loss.
One among them is the (stop loss feature) some exchanges have developed this feature to help traders set limits on their trading to help put a hold on trading once a certain price is reached, but again most traders still run into losses because they inability to use this tool effectively.
That brings me down to my question, what is the best way to apply the stop loss features that will guarantee zero loss, and which exchange has the best and easy-to-use live trading features.
Stop loss is a limitation of the particular losses, if you think the losses is becoming very big you can cut it off or stop that loss. You need to set a limit the to avoid very big loss that is what we called stop loss. Setting a limit is very important not only when price is falling we also need to set a limit when the price is rising to have an assurance of gaining. |
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Now we can not argue that the market will soon begin to grow because there are no prerequisites to this, so we need to wait.
Absolutely, market will grow sooner because there is no required prior condition in this. Waiting is very important right now because Cryptocurrency is still relatively new, so investing now is risky. Just like when you invest in bitcoin, it destined to regain value after the recent crash. How far it will go is up for debate. Some analysts believe it's only a matter of time before Bitcoin hits new highs and becomes more accessible around the world. I am in favor of the of the growing of the price, I see that the bitcoin is now slowly rising. The fact that many people around the world knows about crypto I think it will never go down below 30k$ at price. Bitcoin price is in favor of rising in the next few months so let us wait and see the next changes or I think it is more better to buy more coins if you are financially free. |
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I hear some contests before about bitcoin price prediction but now I can't find it if I remember I think that was year 2017 the last bull run happen that time and many people in crypto community always do predicting the price. I think predicting contest will appear very soon if the price of the bitcoin continue to rise.
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Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Let your friends know more about bitcoin, Bitcoin is not that safe as an ordinary investment and we don't really know when it will fall or rise. We all can invest but we need to invest an amount that we can afford to loss no one stoping us if we wanted to invest on it but I think we need to be careful or smart because of bitcoins high volatility. |
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It's easy to enter with good entry point but the challanging thing is taking profit before a retracement and most of the times this retracement could be a beginning of a new trend changing a winning trade to loss. And in situations where the trader fails to apply stop loss there could be chances of blowing off ones account. A profit taken is better than a loss made no matter how small accumulation of smalls makes a mighty bulk.
Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.
Small profit and big profit is the same profit. As long as we earn for me it doesn't matter, because I believe that it is more better than losing. The point here is the benefit even if earn small but we also get experience that we can use in the near future for us to become a best trader so there is also a big benefit even if we only earn small amount. |
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Currently I have $109,750 in Bitcoin and $60k in alts.
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
However, I could use some opinions first. What do you guys think I should do?
If you asked getting a loan without interest then why not if there is no interest I think there would be no problem. But if you get a loan with interest I am sure you will be having trouble because this is crypto we don't know how many years we can hold before we can earn so loan with interest is a big problem. But you said it was from your family and it was no interest so I will say you are lucky. |
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Mga kabayan, lalo na sa may mga BPI account, looks like hindi magandang balita ito:Source: https://bitpinas.com/regulation/bpi-no-longer-allows-crypto-transactions/Kakapublish lang ito ngayun. After BDO, BPI na naman ang latest nag pull the plug sa crypto. Kaya I expect na si BPI ma remove na din sa Coins.PH bilang option for deposit and withdrawal. Buti na lang wala ako BPI account lalo na BDO. Unionbank talaga ang the best crypto friendly bank dito sa Pilipinas, especially na may crypto ATM sila. Anu masasabi nyu dito sa latest about BPI mga kabayan? Sa tingin ko hindi naman kawalan ang BPI sa coins.ph at sa crypto kaya kahit hindi na sa included sa deposit at withdrawal option wala naman magiging problema o malaking epekto sa crypto cumunity ng bansa. Baka nga BPI pa ang maghahabol sa crypto sa mga susunod na taon unti-unti na kasing nagiging high tech ang mga tao kaya sa tingin ko mas magiging well known known pa sa mga susunod na taon ang crypto at patuloy na dadami ang gagamit nito. Agree ako diyan kabayan sa panahon ngayon kahit mga bata ay gumagamit na ng makabagong gadgets kaya marami na talagang nakakaalam kung anu ang crypto at kung anu ang advantage sa gumagamit nito. Kaya sa palagay ko tataas ang presyo ng crypto coin sa susunod na mga taon possibly kasing tumaas and demand dahil sa popularidad na posibling maidulot ng mabilis na paglaganap ng mga balita dahil marami na ang gumagamit sa new gadget at expose na talaga lahat sa social media. |
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Mga kabayan, gusto ko lang malaman kung nakaranas din ba kayo sa inyong coinsph account na may message mismo sa app na kailangan mag submit ng karagdagang kyc details. Curious lang ako kung ano ang bago ngayun sa kanilang sistema, nagtaka lang kasi ako nung nakaraang araw meron ako nabasa na mensahe galing sa kanila, at ganun din sa email ko.
Kung sino dito ang may karanasan din kagaya ng sa akin, paki share naman ng inyong nalalaman tungkol dito. Hindi pa kasi ako nag submit ulit ng personal details kasi gusto kung maka sigurado kung ano ang layunin ng coinsph sa ganitong kyc requirements.
Sa ngayon wala pa akong natanggap na email about kyc mula sa coins.ph at kung meron man talagang magtatanong din ako sa coins.ph customer help center kung anu ang posibling dahilan. Ang natatangap ko lang na notice ay ang adress verification ko kasi level 2 palang coins.ph. |
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It went up at christmas as it usually does, but then it kept going up a bit. $20-30K was about the reasonable price.
Then NFTs came along. Like all bubbles they blew BTC up. Then musk and doge took off and it went up further. Finally coinbase floated and it hit is peak.
Coinbase flopped miserably, musk started bad mouthing btc and NFTs stalled. It was all bound to end in tears.
Honestly, i see btc back in the $20K region before the end of the month.
Well i think we are really in the way to bearish market we experience a massive dropping of the bitcoin price and the altcoins just now have a bloody market, so in my own opinion I think we are going to crash in the next few months. However the chance of using is still there so we need to be more updated on price and the market situations with regards to the volume or price. |
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Madami ang mga kuro-kuro sa ngyaring pagbaba ng halaga ni BTC na once bumaba ito ay damay lahat ng alt coins ng dahil sa naging correction market price.
Ano sa tingin nyo mga kabayan. posible kaya na humataw ulit ito ng mas mataas pa sa price last year ?
Sarap mamili habang nasa mababa pa ang price at hintayin ulit ang pagtaas nito to the moon ika nga.
Sa tingin ko papalo pa malayo pa ang finosh line kumbaga may pagkaktaon pa o sapat na panahon para maka bawi sa presyo. Kaya sa tingin ko kailangan natin mag imbak ng marami para narin sa darating na pagtaas ng presyo pero kailangan pari natin mag ingat dahil hula lang naman ang lahat posibly naman di na aabot sa 100k$ kaya pag bumili iayon lang ang amount ng bitcoin sa kaya mo lang bilhin. |
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Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be regularly ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer angle. That is the reason it is smarter to hold anyway the sum that we can stand to lose. What's more, I am certain that Bitcoin will get another opportunity to better constantly cost again later on.
I agree on that it is really smart to hold than nothing. We can really gain in holding, if we are going to look at the bitcoin price we can see that bitcoin is really a good coin to hold based on its price from 2018 till present , big profit comes when we have patience and hold, the only reason why some people get loss is the lack of patience and trust, however we cannot really blame them for crypto is not stable. |
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Over the past two weeks the price of bitcoin seems to crash during the weekend and starts recovering from the starting of the week. This way I don't think the perfect price correction is over. In my understanding there is more chance of price crash to happen over the falling weeks. I've predicted that the price of bitcoin will surely go down to $30000 making the price of ethereum touch $1500.
After Bitcoin managed to recover and go up to a price of $ 40k, after that Bitcoin started to stabilize at a price of $ 35k - $ 38k. I still hope the Bitcoin correction is over, however seeing the number of times Bitcoin has struggled to return to a price above $ 40k makes me agree with your prediction. Because there is a possibility that Bitcoin will fall back to $ 30k in the next few weeks. Then if Bitcoin drops to a price of $ 30k, it is certain that the price of Ethereum will also go down to a price of $ 1500, because after all the movement of Ethereum depends on the price movement of Bitcoin. bitcoin is still holding between $36k to $38k, I don't think it's been said that bitcoin has recovered yet. because it's still under $40k, at least bitcoin should be able to crawl to a price above $40k this week. current conditions are still considered vague and need a strong push to fully recover from the fall for a few weeks. There's nothing wrong with assuming Bitcoin hasn't recovered if it hasn't returned to a price above $40k, because everyone has their own opinion. Indeed, Bitcoin has failed several times to pass the $40k resistance price, this requires good news that can trigger the Bitcoin price. Hopefully this week there will be a surprise from Bitcoin with the emergence of good news, if there is good news the possibility of Bitcoin rising above $ 40k could become a reality. While there is no other way, besides we have to be patient waiting for Bitcoin price movements. My prediction is still btc rise up to 100k$ at the end of year 2021, there is a great posibility that bitcoin will have a high price at the end of the year, because bitcoin has a good start this year. The price is still high and start to rise so i think that was positive sign, dropping and pumping is normal so we need not to worry about it we need to trust and have patience for good. |
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The huge reduction in the price of the bitcoin and it was at the 37k.Some people was fear about the further fall in the price.But the fact is,the price will reduce further an attain one stable point and pump in the price of bitcoin will happen from that point.Likewise their will be pump and dump in the price of bitcoin.
Well pump and dump is normal on bitcoin price and to other coins in crypto market everything is unstable, so if the price dump we dont need to worry beause it will not dump forever we can still experience pump in the next days or months, the only best that we can do is to make some good strategy and have patience beause predicting the price is really hard to do. So buying during dip and selling when the price pump is good strategy i think. |
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Kaya pala nakapagtataka, inisip ko na wala naman akong nakita o nabasang balita tungkol sa pag adopt ng Gcash sa crypto. Sa ngayon, puro partnership as payment option pa lang tulad sa P2P ng Binance. Sigurado namang mapag iiwanan nito ang Coins.ph kung sakali man na pumasok sila sa crypto at mag offer ng mas mababang rate. Napaka laking tulong ng mastercard nila, sa coins walang ganyan. Baka naman ayusin na ni Coins.ph ang conversion rate nila kapag may threat na sa kanila. Maraming financial platform na dito sa bansa naten ang nagstart magadopt kay cryptocurrency, we have banks already and big companies are still coming in, sana mapansin ito ng mga ordinaryong pinoy at tahakin na nila ang landas patungo kay Bitcoin.
By the way, pwede ba malaman kung ano yung mga banks na papasok na sa crypto? Una na dyan Unionbank, dahil nagkaroon na sila ng ATM para sa Bitcoin,naalala ko toh dahil kay zenrol28 sya kasi ung aktibong siklista na naghahanap ng mga ganitong bagay sa kamaynilaan nung last year. Ang tingin ko din na susunod dyan eh sa malamang China or westbank, not possible din siguro BDO pero sa ngayon tingin ko malabo pa. Nangunguna dito ang Unionbank and recently I also hear the news about RCBC though medyo luma na ang news about RCBC and until now there's no update, this is still a good sign na maraming banks na ang interesado sa cryptocurrency. Gcash medyo nakakadisappoint lang lalo na kapag natsambahan mo ang delay sa pagtransfer at pagreceive ng pera pero tama kung maiimprove nila ang system malaking tulong talaga ito. Oo nga sana ma improve nag gcash system minsan talaga may delay pero sa tingin ko kaya naman nilang e improve yan.ang maganda dito kung papasok na ang gcash sa crypto magkakaroon na ng oprion ang mga users kung sinu sa coins.ph at gcash ang gagamitin nila. Maybe mag kokompetensya ang dalawang to at cguro naman liliit na ang tx fee. Well sa tingin ko papasok talaga sa crypto ang gcash halos magkapariho lang kasi sila ng function ni coins.ph crypto nalang talaga ang wala sa gcash, sa tingin ko talaga mag uupdate ang gcash at baka mag cocompetensya pa sila ni coins.ph sana lang talaga para marami na tayong mapagpipiliang apps tuwing mag cacash in at cash out mas better talaga pag may competensya na si coins.ph para naman maisipan nilang magpababa ng tx fee minsan. |
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Matagal na akong nakasubaybay sa moozicore, isa rin akong bounty hunter sa campaign nila and at the same time bumili din ako ng token nila tapos nasali pa ako sa staking umabot ng 300k mahigit and token ko.
Pero parang lumabo na ang project nila sa katagalan isang beses lang sa isang buwan kung mag update tapos na delist pa sa exchange kaya naguguluhan na ako sa project na to isa ba itong scam o anu? Nais ko sanang malaman o marinig ang inyong pananaw.
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Tapos na ba ang bull run ng Bitcoin? Dati nung tumapak ang Bitcoin sa $19k noong December 2017, akala ng lahat tuloy tuloy na at mag $100k na daw.. Kaya ang dami bumili ng BTC sa $19k..
Then 2018 nagsimula mag crash..
Ngayon tapos na kaya si Bitcoin sa $60k? mayroon pa kaya kasunod to na ATH? or going back na sa $30k, $20k , $10k
Hanggat hindi bababa below 20k$ ang presyo ng bitcoin sa tingin ko hindi pa natin talaga masasabi na tapos na ang bull run, sapagkat kahit bumagsak ang presyo ng bitcoin kahit papaanu mataas parin naman nasa above 30k$ pa naman tayu kaya posibly pang tumaas yan sa huling buwan ng taon. Kapag crypto kasi ang pag uusapan malaya tayong makapang hula pero hanggang hula lang talaga kasi di natin alam kung anu talaga ang mga susunod na mangyayari. |
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Just a thought like this, when the market is good, everyone wants it to drop in price to have the opportunity to buy more crypto assets for themselves.
Everyone is Overstatement mate, because there are many people that wanted for continues growth and not dumping. However, not many people do that, and the fear of harm makes it impossible for them to know that their thoughts are correct.
What ? thoughts? and not reality? sorry i missed that part. I can't help laughing with my friends when they always say when the market is down they will keep buying, but instead I see them constantly selling and taking losses, lack of market knowledge is so.
That's common mate, because the problem with not completely investors will make them talk a lot and not doing what's necessary . Those who sell they are maybe lack of experience , most of them cannot control thier emotions and they always afraid of losing due to continuous dropping of the price, in short they are greedy they always wanted to see thier portfolio increasing like greedy always wanted, and by the time that the price drop, they always sell like panic sellers and losses the profit and sometimes thier capital too. |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Those who says we are in a bear market maybe the bitcoin price reach thier limit, i think they set a limit and when the price of bitcoin fall down and reach the limit price they will quickly say that bull market is ended, in my part i can say that the bull market is still up, and my limit price is below 20k$ if the price of bitcoin fall down below 20k$ that was the time that I will say that bear market is starting btc is now still 37k$ that was still high price so I don't think bear market is starting. |
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