Usually, we are trading with market, and we have our own trading logic. But , after you are trading for a long time , you will find you are trading with yourself and the biggest enemy is you.
You may have a good trading logic , and you always earning money from the market , but you are still afraid of lossing, am i right?
Every trader should believe in his own trading logic just like a belief, you can't move it. Lossing are not terrible and you should like it.
So i have some advices:
1. make sure you are believe in your trading logic
2. record the reason when you open trade
3. take profit and stop loss strictly
4. back to the records when you close trade, and think why you are earning or lossing
5. according to the records , if you find something wrong with your trading logic, fix it
6. add your trade into a trade journal (advice from @GreatArkansas)
7. do the things 1-6 above again
Does any trader record the reason of opening trade? And how do you guys practice it? Let's talk about it.
Good advice brother, every traders biggest enemy is their own psychology. no matter short or long term, everyone had their strategy and analyst but when it goes to psychology they must strict. I had many experience which left me feel remorse back then, like why i buy at this point etc, but mostly is cause of greed i forgot my take profit point and want it more which left me burned after that. At this moment patience is very hard things to do, especially when price got sideways on this weekly. |
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As far as i know, BSV on hot movement right now. But for me, it just likes another bullshit again from this Crap Wright.
many investors only know that BSV on bull track but not many know that his cronies who move it up and wise people know that this game soon will be goin south.
I prefer stay away for a while since May 2020 is coming and many issue will appear for bitcoin. I am not talking about BTC will be surging up but the supply will be less after this may.
And the game for BTC will begin after that. just my 2 cents.
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when it comes to strategy there is no bulletproof strategy i ve seen, any strategy has it edges i assume. Risk management is very important for every traders.
Just like me meddling with intraday trading for crypto is like storm, but when i took setup for mid term (5-10 days ), i found my sanctuary in there.
Not everyone can overcome their physicology in it, but when it does, u fund your own style and i believe not everyone had same style.
When it comes to my style, i stop my loss when it comes down to my 10% of my fund. I know it hard to stop it when u loss, but i prefer loss it at that point and no more trade until it comes to some low point which i analyst using price action before and news.
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its just another suggestion, but apart of volatility bitcoin knowns as high risk investment actually, so only invest amount that u can afford to lose buddy.
I once learn that investment management is crucial for this kind of thing. As i know i only use my free money when i buy bitcoin regardless what condition ( bull or bear ), but i prefer bought it when it get low as my analyst based on price action. When it passed my point of buy i started to count when to stop loss for it. then buy again when i though it times to buy again. u know SNR thing.
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TRX is the same handling coin as BSV. Due to the creation of artificial informational noise around the coin, we can see the growth of these assets by significant values, as well as their further correction.
Nevertheless, these are those assets that are being manipulated by the news background created by their creators. I can’t call it right.
I prefer TRX better then BSV if i must choose it wisely, BSV like OP mentioned is full of drama. Crap Wright still cant prove he is holding that big satoshi, so he makes a situation in which he wants to prove BSV can stand right even when BTC got a correction. Nonetheless, with his many supporters which we know had deep pocket I assume, he can still pull up the transaction and price. But it's not getting long enough when people get trap on their high expectations it will start to dump their and goes to BTC again. |
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1. Cloud mining scam where they make users to invest in their cloud mining and give them a very small % of their amount daily and also encourage them to bring more members so they can get extra rewarded after a time when deposit amount starts to slow down and withdrawal amount starts to increase then their threshold they simply vanished.
2. Multi level marketing scam this work as from oldest days just invest an amount bring two more make your own tree and earn rewards starting ones in this scams who are able to get many other people always get profited and 99% of members who are in down ranks get scammed they do the same when incoming amounts slow down and outgoing amount reach a certain threshold they simply vanish.
3. The seed hack scammers are approaching people saying we will teach you how to make 100$ in one hour and you need to give it to us most common people don't know about seed and put their btc in online wallet such as coinbase or blockchain so scammer get their screen shared and make them transfer their btc in a wallet such as electrum and got their seeds screenshots open their wallet in their own computer and transfer the amount people had no idea what struck them .
4. Investment scams deposit x amount and get x amount this is the most common type of scams getting all over the internet it is a small amount scam usually people don't mind to fell in it by giving 5-50$ of amount to these scammers .
Talk about number 1 is really like touching my reverse scale, who knows about pbmining or ltcgear, well I did it, but talk about those i think most longest scam is LTCgear. Many people from btctalk or ltctalk support it before the owner ( Beekeeper ) got silent after 2 yrs operation. It started with black friday as a reason for great sale. After that not too long it started with delayed payments and many updates which started people doubting that this services is going strange. Finally on its day, people from many countries pursuing Bees. Well, thats my story and i just passing by to tell u guys never ever trust cloud mining services again. |
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investing in the top 30 coins will minimize losses Its provable not true. 2019 was a fantastic year, BTC went from $3742,70 to $7193,60 similar % gains for BCH, BSV Some very low value tokens went up much much more. Most coins in top 30 on the other hand lost value a lot. I couldn't agree with u more, the top 30 basically just playing the chart following BTC movements right now. If we called it bleeding then I would like to say it normally way since the KING is rampant on its move, the follower only could be following it. Even Ethereum as the father of token doesnt do significantly on 2019 ( going to base price again ). But if i assume this 2020 will be the next wave. Hopefully BTC not going south again. |
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Yup, the fear of the market will be there when BTC going up again. But doesn't that prove that nature will take its course? Only a real project will be going seriously about their progress, even if they don't concern about their price at the market. Just like many alts keep coming and the price keep going low after the launch. But still, it had many many opportunities since BTC is the king and alts as followers. If they keep their progress I think many investors would jump to their tracks.
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I remember it called digital YUAN when it launched it will take AliPay and another payment processor as their partnership for media grab attention.
Soon paper cash will be replaced in China may be, since the president known as person who taking great movement on technology such as blockchain.
As far as I remember many exchanges been hunting down there and this movement could be a sign that gov want to rule it out.
But speak of freedom it will be none if this applied since they will be monitored it heavily I presume.
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bull run maybe a positive sign, but remember this may 2020 will be the real trigger and make some attention to the public. nonetheless, not many new people know about the impact of this halving, they must be told since the price could be manipulated in the next two months. Remember history has been playing well on this situation, and I remember holding it at 2017. Hopefully my feeling did not go south since i try to collect a little bitcoin that i bought since last december.
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i ve seen this game as PvP, jumping aboard on discord channel and only see promo not yet installer to test, but checking its already had beta closed players.
on another forum, i ve jump too and found u raise some investment on there which cover for 2 years CMIIW.
Such an opportunity why not expose it here too? Just asking casually anyway, but in my opinion, it could get some attention here too.
I believe this game could be big if this continues onward ( PvP and PvE ( hunting) , dungeon too maybe... )
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Google can be a benchmark for us. The word Bitcoin is interested in Bitcoin, which country is looking for more. If Iran has a similar situation, the bitcoin price may increase. Precious metals increase their prices in wartime.
metal would be an opportunity in wartime, but bitcoin still looking up as safe heaven in this case. I saw people keep talking world war right now, but still, I think it's far from it seems. Iran only talk about justice demand about US killing their general and not talking about a war in my opinion. But if we talk about BTC halving , in this case it might a support for bullish action this year. As history we already seen it, and i hope it repeated again ( finger cross for this..lol ) |
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I think exchange tokens like bnb and ecxx will do well in 2020 due to an influx of new traders.
just to compare with another alts i prefer ZCASH actually, it same like BTC but more anon, if my analyst still intact this coin surely more prospect beside ethereum ( just like my username ..lol ). Basically alts still following BTC trend but more dynamically in own its way. Well nobody knows what happens in futures right? but I optimistic about crypto industries will soon change the way of the economy of this world and open more opportunities for people which offering more than fiat. Is anyone ever seeing blockchain-based on survey forms? I just get info from my foreign friends that there is development on its way for it, surely it a new idea or just me don't know about it. |
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FXStreet & Express.co.uk Ripple Price Prediction These websites give a moderate prediction saying that XRP has potential and may reach $3-$5 by the end of 2020. This is an assumption based on the fact that Ripple is best Investment opportunity of 2020. https://coinpedia.org/information/xrp-ripple-price-prediction-2019/Let me know your point of view on this? If you are asking me using the question in the title, I would say yes of course. Ripple is one altcoin that is trusted by so many in the crypto community. It has achieved so many things, created so many partnerships, etc. But if you are going to consider the possibility that XRP will reach $3-$5 as a reason for you to invest on it, then don't invest. It is not going to reach even $2 within this year. i upvote your opinion, it is true that XRP is still best on reaching many opportunities with many partnerships. But it lacks an effect on its price ( based on 2018 - 2019 performance ). But IF ( big if ) BTC keeps bullish at this year (2020) soon every altcoin which traded by many people can get their piece of pie which naturally will be good for all investors. As per i have seen at these early days of this month ( January 2020 ) the price of alts vs fiat still on same effect as BTC. Hopefully it not changing for a while since i trading on alts too. |
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This reaction is not as incomprehensible as it may seem, in one hand governments are excited at the development of any new industry because this always mean more taxes for them, but bitcoin is a unique technology created with the intention of helping the people and not them.
So they are confused, they can see the potential of cryptocurrencies but they can also see the danger and as such their posture concerning cryptocurrencies and their future changes constantly.
I agree. they are still looking for favorable loopholes for the state, so in the end freedom is restricted. but I think it would be better than crypto not legalized by the government, so that it would interfere with its development. no doubt that the government will have an important role in mass adoption It is not a good idea for governments to ban cryptocurrencies because then people are going to keep using them and they will not pay any taxes, it is better for the government to try to regulate it, but how do you regulate something which was created to resist those attempts? As you say they are still trying to find a way to get their way and restrict our freedom but that is only possible now that fiat is strong if at some moment it gets weaker we could use bitcoin to buy stuff directly and at that point they will not be able to stop it. talk about testing, they probably had run on their own sandbox for it. By the way, the issue of world war is coming, from Trump strikes and killing Iran general could become a hot issue for cryptocurrency. This industry still on the growing phase right now, for mass adoption many governments still thinking better approach which is trying to regulate for their safety ( by using it to buy directly or online ). Since then their target only local exchangers and get tax retribution from their transaction as i believe. |
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Proof of Authentication
Callisto Address in Guarda Wallet: 0xf7b464b9851e635a444085458c0e1bdec055f138
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Assalamualaikum,
OmegaStarScream, I need a loan for family matters
Loan Amount: 0.045
Reason: family matters
BTC Address: 1Apnzi7gBWuj9HeEcqbeX87TSFJ7tio7MJ
Duration: 6 days
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