Im planning to build a trading bot just for fun cause im kinda curious and its interesting to see a bot trading your funds, my problem is i dont have funds to trade so im planning to give it an small amount. Why not go with that also ? you could invest in some trading bot that could automate your trades so you dont have to worry gathering information and making decisions in short its more convenient having one, especially if you have a 9-5 job.
But trading bot is risky it is better if you will just copy trade in eToro. You will se the performace of those professionak trader in there but stilk it is better if you are the one who do trading. I also have full time job and I am a trader also. It is really hard to trade while having a job. There are only few trading strategies that is suitable for me even if I have full timr job. You can also manage it if you will find strategy that will fit in your time. |
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I learn that you can't mess with gambling as that will kill your finances.
When you are gambling, you need to have full of discipline so you will not end up losing what you are not suppose to gamble.
most of the time we lose, that's the reality that we can't change, at least for most of us, however, having fun can be done every time we gamble as long as that discipline is with us since that's gonna help us avoid losing a lot of money.
Definitely, I learned discipline and also to take risks. The discpline that I got is from my own mistakes because when I was a beginner in gambling, I do not have proper risks managwment and I do not also have limitation in gambling. After my major losses, I learned that discpline is my problem and that's I worked hard for me to be a discpline in terms gambling and investing. It is really hard to become a risks taker but gambling help me removing my fear of investing. |
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I can easily identify a scam project through theur whitepaper and also by reviewing the people behind the projects. Those two ways you can know if the project is sonething fishy or not. A good project have a characteristic of being realistic and also they have commitment. Do not join in a project that offering a high rewards in a shot span of time because it is not realistic and it can definitely a scam project. In order to gain profit you should first focusing on how you will protect it.
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OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.
The only thing newbies should recognize is to tell the difference between a profitable market or not, good time to sell or not, and good time to accumulate or not. Basically, we, small bitcoin investors are aware that there are many techniques to use such as market analysis, technical and fundamental analysis of the graph by crypto, and with that, we can ensure profits. But with the basic knowledge of knowing when to buy and sell would do, if you are mainly a hodler. So the more you spend time in trading, the more you need to understand the market. It is not mistake to enter in cryptocurrency market. The mistake that you committed is the timing of your bitcoin investment. You did not consider the risks when you bought bitcoin. You are experiencing losses because your timing is not good. You should not buy at the peak because there is a selling pressure there, you should have trading strategies first before you bought bitcoin. Buying bitcoin with prior knowledge will help you to avoid huge losses. |
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Bitcoin dump makes altcoins dump too and we're affected on that because we are the investors and for sure once it increase altcoins will be next so if you are worry about what happened now just better to calm and wait for the price to rise and not be panic. We know most of us wants bitcoin rise but now we need to do is wait and not to sell it.
Altcoins got dumped because bitcoin value has dropped too after got dump. As soon as bitcoin started to rise again (especially we are about to face another bitcoin halving, this is the best time to buy or accumulate bitcoin more). But being a calm investor isn't easy, you must really really patient to wait until market recover which mostly takes long time (after years) before it happens But there ways to avoid to get dumped. I'm a trader and I will not let my position to get dumped. I have a big amount in my portfolio and my focus is to protect it and to increase it and that is why I have good risk management. I have a cut loss point where if the price reach it I will immediately sell all my positions. Having a cut loss price can help us to easily avoid dump in the market and all of traders and investors should have it. |
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Ang ibang pinoy kasi kulang sa tiwala sa crypto at iniisip malaking kawalan pag naginvest. At isa pa kulang sa knowledge din talaga kaya kung mapagaaralan lang pano ang crypto kikita din sila dito. Marami pa din talaga sa bansa natin ang hindi alam pano proseso sa crypto kaya masasabi ko din takot maginvest.
Yan din kasi iniisip ng iba pag nag invest sila sa crypto baka scam lang. Pero ang di nila alam ay kumikita tayo dito, Minsan kasi sa ating mga pinoy ay negative minsan ang pag iisip kasi gusto nila kumita agad. Kaya takot din sila kasi hindi nila alam kung paanu gagawin if kung pinag aralan lang talaga nila ito siguro kikita pa sila ng malaki in no time. Mostly kasi ang characteristics ng mga pinoy ay nag plaplay safe pag dating sa pera kaya yung iba natatakot mag take ng risks. Meron mga pinoy ang ayaw mag invest sa cryptocurrencies dahil sa risks at misconceptions. Nag karoon kasi ng panget na imahe ang cryptocurrency market dahil sa mga scammers at hackers na nag kalat at kaya yung iba ayaw mag invest. |
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Really trading is one of the best ways for making money in here crypto market but for that you need more learn about it. I think trading success will be depends how much you have expert about it. I am not available smart in trading but i understand now it will need good skills.
All of the opportunities that we have in this earth requires good skills. If you lack on good skills then even though you know the basic stuff about it, it will still not work because the market gives reward to the people who are knowledgeable and skillful enough to beat the other player in the game. Before you try something, educate and acquire skills first so you will be prepared to any circumstances. Skills can acquire through studying and experience. You cannot have good trading skills in just a day, it will take you many days or even months in order for you to be skillful trader. When I a beginner in the market, my focus is to improve my skills and not investing yet and that's why I fully prepared when I make my first investment. Good preparation can lead to higher chance of winning and that's we should focus first on gaining knowledge and enhancing our skills. |
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Its almost recommended in here are always BNB coins, Because this was have good condition of these coins and have a chance to increase the value in a future and as of now the value of it are dump from now but it can recover soon. And BNB are most of the exchange site using for trading, And I will add more coins you want from your list must choose EOS and Tron Ill think this two coins it was worth to hold and for long term coins.
My portfolio consists of bitcoins and also some altcoins. I have good difersification and that's why I spread my capital. We should make sure that our portfolio consists of potential coins and not shitcoins. Traders are mostly experiencing losses than gain because they have worthless coins in their portfolio. Solid portfolio can give us high chance of winning. |
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Even if you have a lot of confidence but your knowledge about trading is not enough then still you will lose money. There should be balance between your skills, your knowledge and also your self confidence while trading. Those 3 are important characteristics and all of traders should have it to perform and execute well in trading.
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Tingin ko timely ito dahil paparating na malaking bull run, hopefully this year.
2.) May regret ba kayo sa last bull run? Ano yun?
May regret talaga ako noong last bull run ito yung hindi ko naibenta yung ibang altcoins ko na inaakala kung tataas pa ang presyo nito. Pero nagkamali pala ako at bigla itong bumaba ang presyo bahagya. Kung na benta ko lang yun siguro malaki kinikita kon non. Kaya past is past nalang experience ko nalang yung nangyari at sana sa sunod hindi na maulit ang mga yun. Parang karamihan aa mga quotes ay nag sasabi na nag regret sila. Sa katunayan ako din nag regret, inis na inis talaga ako sa sarili ko dahil pera na naging bato pa. Madami sana tayong nakuhang oportunidad nung kasagsagan ng bull run pero tapos na yun at wala na tayong magagawa kaya dapat mag focus tayo kung anong meron tayo ngayon at matuto tayo sa nakaraang pagkakamali natin. |
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I must admit that in building a business one of the biggest obstacles is finding investors. Very difficult to convince investors to want
to invest in our business. If speaking of bitcoin investors there are many in this forum, they are not just investing in online projects
but also investing in real world projects. The problem is convincing them to invest in business that we build. Because the nature of
investors is first seen whether the projects they will be participating in are profitable. So my advice make it as attractive as possible
the business offers we will offer to investors, so investors can be attracted to invest in our business.
Investors are always looking for opportunities to multiply their money but in order to get where they are they have to be very smart and have great skills at telling if a project is going to be any good or not, that is why they are so difficult to convince and it is why icos are having such huge problems to get any funding, the time in which icos could put a website, create an announcement thread and a white paper and get millions of dollars are over, they need to show that they are for real and that the project has a chance of succeeding and until they do they will get no money. Yes correct, that's why we should just have to promote it in a nice way, I mean no hype, just a pure marketing for us to be able to find more investors if we are the project owner. I agree with you that the investors will find ways for them to be able to make money, so once we have proven ourselves that we are investing at then they will for sure invest and will trust you. Good marketing team can results to the success of the ICOs. Most of the ICOs and IEOs are failing because they cannot find any customers that are willing to purchase their products and services. Having a solid team can make the project better. Nowadays people are now want to participate in IEOs than ICOs because of its good promotion and good image in the market. ICOs are no longer trusted by many investors and only few people are willing to participate their. |
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With the current altcoin situation, people can choose between buying or not at this time. Everyone has their own choices to determine when the right time to buy altcoin. At the moment altcoin is indeed being cheap in the market, if you believe that in the future the altcoin season will arrive, then now is indeed the right time to buy altcoin. But if you are not sure, you can do an analysis first before deciding to buy it.
People always concentrate on whether or not the coin that they are buying is cheap but that doesn't matter what it matters is if the coin in which you are interested in investing is going to go up in value in a short amount of time, altcoins can be very cheap and I can see that, am I going to buy any altcoin at the moment? The answer is no, because there is no chance at all that altcoins are going to go up in value anytime soon despite their low price. It doesn't matter if the price of coin is cheap or expensive what the matter is if the coin has characteristics of surviving in the market challenges. Most of the coins are failing to have that characteristics and it is the reason why they are now many delisted coin and dead coins. There are many investors are buying and holding bags of shitcoins and I can say that there are just wasting their time, effort and money because there expectations will never meet. We should focus on acquiring altcoins that have potential to survive in the market. |
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To the best of my abilility I had been ensuring that I educate non-crypto users how to use and store their coins in a wallet yesterday I helped a colleague on setting up a blockchain wallet on his smartphone with the hope of buying some bitcoin for a start I believed buying and hodling some coins would encourage him to be able to learn how to transact and use bitcoin, by doing so he is going help to spread the good news about bitcoin to newcomers who might wnat to invest in it
Educating them is the best way to encourage other people to become interested to bitcoin. Actually, my classmates and my friends are now also using bitcoin in their daily lives because I taught them what it is and how to use it. I created a presentation to them about the functions of bitcoin in our economy and society. I also told them that having it is really worth it. They became interested to what I said so educating the others are really helpful to influence non crypto users. |
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almost all crypto users are optimistic that bitcoin will develop in the future, but no one really knows what will happen in the future, anything can happen, What's more many also oppose bitcoin, but I still have faith that bitcoin will be more victorious in the future.
The future of bitcoin depends on how we treat it today. Most of people see it nowadays as profitable assets and that's why many people are keep acquiring it. There are also claims that if you have bitcoin today then you can avoid the next financial crisis. It will continue to grow as time passing by because there are still many people who do not know about what it is and how does it work. They will become interested to acquire it because of its advantages and benefits. |
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Sometimes we underestimate the coin and don't expect that coin can be worth it in the next year. I think we already see that before and now, many altcoins still have the potential to increase in the next year. But I think the situation will be different now as the altcoin still not rise higher than the last year. But we see that some altcoin is still trying to break the higher price so the chance will be there. That could be good advice not to sell all of the coins and leave some amount for the next waves. But if we can compare bitcoin and altcoin, I think it is worth to have bitcoin than altcoin to be held for a long term because bitcoin price will increase in the long term while altcoin cannot always increase in the long term.
That coins are the potential ones, we never expected that the price of bitcoin will become expensive. People who bought bitcoin when it is still cheap are very lucky. The thing is you are never sure if the coin that you are holding will become expensive in the near future. Make sure that before you hold a coin, you know information about it and you are that having it is really worth it. |
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Daming klase ng wallet ngayon na nagsulputan at hindi mo talaga alam kung alin dito ang pinakasafe at pinakahindi kaya naman dapat mamili tayo ng uri wallet na sa tingin natin na safe talaga na maaaring protektahan ito sa mga mapagsamantala na gustong kunin ang ating mga coins na nasa wallet ang gamit ko ngayon ay online wallet at maybe in the future gagamitin din ako ng ibang wallet.
Kahit marami namang nagsulputang mga walle diyan alam naman ang wallet na maari nating pagkatiwalaan at sa hindi. Gaya ng coins.ph ito ay isang online wallet na maaari nating gamitin dito sa Pilipinas at alam naman talaga na ito ay napakalegit namaaari na nating gamitin dahil ito ay subok na simula pa lang nung una until now. Doon na lang tayo sa safe and trusted, yes, so far mga income ko sa posting, trading and sa freelance work ko directed sa coins.ph and okay naman, never pa naman ako nagkaroon ng problema dito, pero kapag token siyempre MEW ang gamit ko kasi trusted ko na siya ever since na nagstart ako, diretso cash out naman ako lagi, kunti lang hold ko para hindi masyadong masakit if ever. Madalas lng nag kakaroon ng problema sa coins.ph ang pag wiwithdraw o ang pagcacashin ng pera pero pag dating sa security wala pa din ako nararanasan at alam ko ma subok na ito ng marami nating kababayan. Ang coins.ph ay isa sa mga trusted online wallets pero may risks pa din ang pag store ng bitcoin kasi lahat ng online wallet ay may possibilidad na mahack ang mga funds na nandito. Dito ko sinasabi na wag gumamit ng coins.ph ang sinasabi ko lang ay dapat prepared tayo sa worst na pwedeng mangyare. |
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You cannot find a accurate data in the internet about price prediction of bitcoins. You should not trading bitcoin if you are focusing to find someone who can predict the price of bitcoin. It seems that you are gambling your money because you are just relying to other people idea that can may lead you to luck. You should only trade if you fully understand the trading and how to make money from it.
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I do not see bitcoin as a long term investment. The analysis that I doing in bitcoin is for short term only, right now the price is still consolidating. I use darvas box as a tool and if the price will breakout in the darvas box I will add positions. Right now the price of bitcoin bouce to its support and it is good for swing trader.
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GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order. FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.
Admittedly, I am also struggling. But I guess we really need to control them. What do you think? Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit. Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying. The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. That's why we should have limitations and we should identify the potential rewards that is really realistic. People think that they can be a crypto millionaire soon if they invested money on bitcoin. It is not gonna happen, the greed of people is so powerful where the greed is controlling the person. Too much greedy can lead to losses and that is the reason we should not be greedy when we are doing investment. |
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Profits are not guarantee in the market but you can have a high chance to win in a trade if you know a lot of trading setups and if you can execute it very well. Planning beforr trading is very important and all of traders should plan their trade very carefully to prepare for the worst. Having a target profit and a stop loss are very important in a plan.
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