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It's really important important to experiment in trading before you take it seriously. Maybe your gambling habit OP is what made you easily trade all your hard earned money then losing it all in the process. I started trading small and I did make a lot of gain but because it was easy when it was the best bull run ever and today is very hard so think again newbies if you want to venture trading.
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No, I think some people are manipulating the maketcap by adding billions in a short period of time so they can successfully do swing trading. I've seen it many times in the last weeks and it's just a repeating process and not really a bullrun.
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It's really the best thing to do for now. I know it's so upsetting to witnesed the month of December doing the opposite of what we all believers expected. All I know that when things go up, it will go down but when things go down, eventually it will go up again but much stronger than before. I expect 2 years before things start to move upward because it's always the pattern that keeps happening on btc's chart.
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If in trading apply fast trading strategy,
What obstacles are constraints
and weaknesses?
I do believe that you need to be able to sell fast but I don't thing that it can also be applied when buying. Because when you are buying, things tend to go slow most of the time so you have a lot of time to do it. You also need to make sure that you bought at the bottom because when you apply fast buying after it drops then there's a chance that it will drop a little more after that. |
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It was never meant to be a stable coin. It just happens that there are a lot of news that discrediting it so it gets stuck on some point. When it was $6k before, it was only a movement of dumping and stopped there because people has stopped doing it. But it continued to drop thanks to the bias news and now it looks stable around $4k.
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Whenever someone says that they feel that a certain person is a born trader, I believe that he is just lucky. Those traders are just made and they are very meticulous when picking trades and analyzing every technical and fundamentals of that asset. If that person is a born trader then he just need to glance at that asset and then he'll know if it's good or bad to trade.
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I recommend for you to stick on bitcoin and other coins in the marketcap that has huge volume so in short, those that are in the top 2 - 50. Particularly, the altcoins that are in the bloackchain caegory like EOS, neo , cardano or digital payments like digibyte.
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I guess what you've said is somehow true. If only those fake news organizations are still not involved in the cryptocurrency market then we shouldn't be experiencing this bear market as bad as it is. Before, traders only think of when is the bitcoin season or altcoin season but now the whole game is changed. One FUD from those fake news then the marketcap collapses easily.
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Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.
I'm not sure because it don't work a lot in this bear market. And I don't like the idea that some people are buying much more shitcoins thancoins that has legit projects going on. Betting on shitcoins is good but only buy 1 or 2 of them and not like more than half of your port are all shitcoins because after they get pumped and you missed it then it is all over for those shitcoins. |
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Too bad for me, I was expecting that it will go up more than it could and I know that we were thinking the same at those moments. Now, I'm here again trying to have another shot and I know that it will consume a lot of my time in trading. Hoping that it will happen again in next years and I will never make the same mistake again.
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I have experience 100x and witnessed some people achieve 1000x which is more than 10000% of profits but it took us years to achieve that. I guess I was lucky that one of my altcoins managed to make that in less than 7 months because it was the greatest bull run ever at that time. So that means you need to accumulate a lot then wait for that golden opportunity to happen again.
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Profiting when it is time for the bulls is very easy. There was even a time that I don't even care what that coins is or where it came from or what its use. All I know is I just bought because its cheap and wait for a short time for some group to pump and it always works. But when it is the time for the bears to dominate, even the most vital projects can't even jump more than 5%.
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You can make 10x of proffts on bitcoin than stock trading. But given the situation right now, stock is your only choice. It gives small profits but it is not boring like in the btc market. You can actually do both but like I said, it is not a good time to be an active trader on bitcoin.
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It's hard to accept but it's the only amount you can really make in this long bear period. You can't force any altcoin to jump when there's no new investors coming in. Just take a look at the coinmarketcap, it just plays between the value of $120B - $135. We need at least to see $400B or $800B to see great changes in terms of prices.
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Holding is really a hard skill to hone but eventually your experience will teach you on how to master it. But don't neglect due diligence because sometimes you might be holding a thing that is just waiting to be rotten instead of getting to be fully ripe.
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Who cares? It's still the users who will decide on what exchange they want to use. It's just like games, restaurants or services that you want to use. The one who offers the best experience will of course have a greater demand and will have thousand of users until those ugly and small exchanges will just die and vanish because they know its not working and not making any returns for them.
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Of course, it is possible. I remember that it happened on one of my altcoins doing a rally and in each week it makes 15% - 20% gains until it stopped after a month. Well, it was pumped by news with the help of pump and dump groups. I think it could happen again in some coins but not with this current crisis.
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I've been in trouble and now I have a lot of debt Can I double my capital in two months because if I do not pay I will die or be imprisoned Please help me I think I am a professional but I am nervous now I can not trade well  I don't think that trading can easily solve your problems in an instant because trading is a waiting game and can be full of uncertainty in many occassions. You already made a huge mistake borrowing money to invest it on crypto not knowing the nature of this market. It's better to pay little by little with a regular job. |
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Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Everyone started as a newbie and did not just become a veteran in an instant. For me, you did a nice pick on the coin that you want to practice your trades. Doge isn't a good coin but it is still relevant but it's not for long term. And I also hope you are not one of the people who got scammed by Cryptopia after the 'hack' incident. |
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