It's best as a beginner to start by looking for more new knowledge after using a demo account. For some people, this will work, for others not because of the emotional aspect of trading. With the demo you don't feel much because it's not real money. These are definitely not the same, but it helps to understand the principles of trading. Then you need to learn the psychology of trading after you use real money.
If you don't treat a demo account the same as real money, there's no hope. If you can't do it with a demo, you can't do it live. Hopefully this will serve as a warning to anyone new to starting trading. You will be truly delusional if you still believe otherwise.
Demo accounts are definitely way to go if you are not doing a good job with real trading. There are a lot of people who are still not certain about what they are going to do and I think it is important to make it work one way or another. I know that it is going to take some time, but if we do the right thing then we should be able to make a profit out of it. I know that it is not that simple but we could end up with a good return from it. I hope that it gets to a point where we could make some profit when the time comes and it is going great. I know that a lot of people do not have any type of benefit from it, but that doesn't mean that we are going to end up with a result that would be profitable, we should be making it easily after learning a bit. |
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If the conversion rate is high, USD in the bank is actually better. But the choice of banks in my country that allow to deposit foreign currency is very few and I think the process is more complicated than getting local currency. I personally don't want to pursue only one characteristic benefit such as complete control while ignoring other potential disadvantages. Suppose I have to incur additional exchange fees to local fiat because, using foreign currency for spending isn't permitted in my country.
To avoid incurring excessive fees through conversion into USD in a bank deposit particularly for those in countries where the dollar can't be used or accepted locally for purchasing of goods and services the best alternative should be to hold it in stable coins retaining value for your money. All you will doing is to be abreast with the market to be in touch with current issues about such stable coin. That would still work for bitcoin as well. If you keep it in bitcoin then you could end up making a big profit when it goes up as well. If it drops, all you would lose would be 10% or so because that's how much it usually drops at most, we are at 26k or so levels, a 2.6k fall would make it go under 24k, I do not think that it will get there, which means that holding at bitcoin would be better and it could reach above 30k and if it reaches more than that and does a big bull run that is even better. That's why it is quite important to reach those levels, we should be careful about it. I get that it is not going to be that easy, but we need to be careful for sure. It is definitely something that we could do eventually. |
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I think Eddie gave a short explanation a while ago... where he said that a base amount are paid per VIP rank and then also based on what you played and how much you played. The Stake original games count the least towards the bonus and then the 3rd party slots and then the Sports betting counting the most. They are not giving the exact formula, because they do not want players only to play the games that count the most towards wagering. (It is structured in a way that if you lose more, you get a bigger bonus.... but just slightly)  There is this estimate on how it happens that much is known but there is no known formula, that is the tough one. Like you do not know how much of it is betting this month, and how much is the VIP rank and what happens if you bet this much but then stop etc etc. Basically we do not have the exact amounts. Nobody knows how much they are going to get, and there isn't a way to make that calculation beforehand while you are gambling. This results with you ending up with just some estimate if you could. I believe that we are going to see something much better on the long run and it should be important to just move on and not really care what will be the income and just hope that it goes as well as hoped for in the end. |
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The government is the head of a country, they are the ones who have controlled us for thousands of years, so it would be naive to assume they have bitcoin ignorance. The government is smart and they are doing what is in their best interest and banning bitcoin is in their interest too.
Regarding the acceptance of bitcoin, I believe that all governments will soon accept it because they gradually realize the benefit of accepting it, which is being able to collect huge taxes from us. And of course, we will be able to use bitcoin but there will be limitations, we will never be free to use bitcoin as we want, we need to comply with the law. That is why many governments have accepted bitcoin as an asset, not a currency.
I agree that if government wants to prevent something they will prevent it, anything illegal you see that is not prevented, is not prevented because government doesn't want to prevent it. Anyone who thinks that governments couldn't stop someone, must be not aware of the fact that these are the governments that literally end up with changing nations heads, USA literally change the presidents of other nations, we are talking about that big governments. So in the end, we see that they are letting it be and they are fine with it and we should be happy about that as well. I get that sometimes it is not that easy but it should be easy in the end, time to time there could be some question marks but that is not going to change anything. |
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One of the common mistakes of newbies even the professionals in trading is the use of the basic stop loss and take profit, one of the best examples being greed and getting feared with their trades, we cannot deny in this trading even though he keeps saying we stick with the process of knowledge and understanding the situation there's a small percentage of your urge with your emotions and we called this as a gut feel presenting to make doubt, denial and hoping you're wagered for trading might bring profit or else you will lose. People have still self-control, reset every trade, and disregard their emotions they learned from their mistakes.
I would say using stop loss and take profit is actually a good thing, why would you consider that as a mistake? If you do not want to be greedy then you should be using those and you would be able to trade better that way. I agree that it is not a simple thing but it could end up helping people without a doubt. Many people think that it is going to be a tough thing but we should be able to do it one way or another, that could only lead to a better result without a doubt. I understand that life is not that simple, but we need to make sure that it is going to end up being a little different in the end and could reach to a bit of a trouble if you are not careful about it as well, you should be expecting a good return. |
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Not just this year but as I said, we've bottomed out this bear season. I also believe we have more corrections left because if we rely on a 4-year cycle, the uptrend is still more than a year away. But for bitcoin to create a new bottom and lower than $15k is very unlikely and has never happened in the past.
About the price prediction at the end of the year, when people are constantly expecting and believing that bitcoin will surpass $35k or hit $40k before the year is over. I'm starting to fear that won't happen because during this bear season, I've seen bitcoin frequently move against crowd expectations and I think it will continue to do so. Presumably, we will still be under $30k before the end of the year, IMO.
That is true, I agree that is going to be the case for it as well without a doubt. A lot of people act as if this is a big deal where it could keep on crashing down but the reality is that it is not going to keep crashing down, we are going to keep doing better eventually. We just need some patience for it and we need to wait for that time to come, maybe it doesn't look that bright at this moment but I bet you that it will start to look good after a while and after that it will not look bad for a very long time. The bull run is around the corner and it is about to happen, we may need to wait a bit more for it but when that comes in we are going to make profit like never before and the prices will hit new ATH. |
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Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt. it could be that the altcoin market will flush because of this effect and will cause economic inflation to rise, it could be investor speculation to secure their money to survive the price dump if that happens
That's true, there is really nothing that we can do which would make this any easier for any of us. It is a tough job and we need to realize that we are going to trade something that will be a bit risky and we may not make as much money as we think or want. It is going to be tough to check the data and the indicators and the news all at once, it is going to take some time and because it takes time, sometimes it becomes old news by the time you finish it. This is why you need to be quick, and you need to be careful. Trading is a tough thing, but I believe that it will go up soon enough, it should be making some profit soon enough that will make it go up and stay there. The halving is coming, we need to be careful. |
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If we are careful in every transaction and keep our bitcoin investment private then no government can confiscate our bitcoins. Even if they know we own bitcoins, they can only issue a penalty, they cannot confiscate bitcoins without our consent. But using bitcoin in banned countries is really a big pressure, because keeping it secret is not easy.
But honestly, I don't know of any country that has completely banned bitcoin because as far as I know, many countries no longer ban it. Instead, they have accepted it to a certain extent, banning it completely is very difficult these days.
That's not like that in my nation. Here we end up giving our KYC which means that we are going to end up with a situation where it will take a while to get that done. This is why we believe that we should be careful about it one way or another and the government is always watching us, or at least we act as if the government is all aware of our situation. This means that we need to be careful at all times and not really act silly with our money and try to hide something. If we hide it, and they figure it out due to KYC, then eventually they will ask for it and that's going to cause a lot of trouble for us. Not a lot of people would do that, everyone I know acts as if the government knows what we have done and pay their taxes. |
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What about the MLS is there any rumors from the league wanting to sign Sergio Ramos, his asking fee is too high for any club in Europe to sign him and he can't perform anymore at the level he used to perform when he was younger, he should lower his demands or leave Europe.
Saudi Arabian League will be opened to accepting him, clubs there should summit a proposal to him and he can't say no. He should be moving to the league outside if Europe and start preparing for his retirement so that younger generation if football will have space to play.
Sergio Ramos had a wonderful time playing in Europe, he has motivated many young players into becoming defender as he's one of the most popular defender in the world. He has many champion league and has won many other trophies, he has done well in Europe.
Ramos already had a verbal agreement with Sevilla, he is going back there at the moment. I think it is quite good and important to make sure that we are going to end up with something different, it should be important to realize that Ramos will not accept to go towards teams like that just yet, he wants to play a bit more at teams that matter. Sevilla is a good one at that, they are both at La Liga and they are also in the UCL as well, which gives him chance to play at the top flight a bit more. Doesn't mean they will do well, but it is better than Saudi or MLS situation for him, it still gives him chance to go against the best in the world and try his luck. It could definitely be a good thing for him to do that for a year more. |
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As long as you keep collecting, when you do not doesn't really matter as much as you think. It's going to be fine and you are not going to face that much trouble. The point is to have as much of it as you can and wait with it, when you buy rarely depends because most long term investors will hold it for a long time so it will go up enough.
If you are not a long term investor then there is no need to collect, you should buy it and sell it quickly, so when we are talking about collecting that makes me think of a long term investor and no long term investor should worry about timing. Just buy it, hold it, buy some more, and keep on holding and keep repeating that until the price reaches to a higher price.
It's really more about long term to me too, that makes more sense. If you are doing a long term investment then you should be making a good profit with it without a doubt. I think it should make more sense and we could end up with a good return when the time comes. Obviously it is going to be tough because we are talking about something that will be all about timing and if you could do the timing very well then we are going to end up with a result that will be a lot better, but if you time it terribly then you are going to end up losing a lot of money. So, you should always be more careful about it. I think it is already time to accumulate, but I would also not be against waiting one more month and then start it. |
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Opportunities will be good if you are willing to stir them up with patience and a deeper understanding of current market conditions, because making profits is not easy now, so applying patience in taking advantage of opportunities is something that must be in one package because profits will be more pronounced when you get it more after being patient through investment or through other things that can support your journey to get profits.
That's right, the real investment is buy and hold. this is where we need patience and be able to control emotions. Indeed, patience is simple, but it is very difficult if practiced every minute or even second, there are many temptations. If we can get through this, it is not impossible that we will get the benefits we want in the future. In essence, this is not about capital. The important thing is to be diligent in saving with the DCA strategy on bitcoin investment, no matter how much money we have. If we are diligent in doing DCA, then our assets will become mountains (many). We have to create opportunities for ourselves every day. Buying and holding could be the easiest way to make money and yet people are not using it for some reason. I mean you do not need skills, you do not need information, you do not need to study for it, you do not need to learn technical analysis or fundamental analysis, no indicators, no charts, no lines drawn anywhere. You just go buy some bitcoin and hold it. This is so simple and yet people still do not do it, no idea what the reasoning is behind this, like why they are not just buying and holding, why do they feel like they have to do something more to make money but they still do it and they shouldn't. The biggest amount of money I earn has always been from holding, and I bet that it will stay to be like that. |
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- As much as possible, apart from Bitcoin, the matic, Bnb, Ada, Sol, Shibdao, and Shib, and even Pepe Coin, I will hold it because, according to my observation, it follows the steps of Bitcoin's movement. Its volume cannot be said to be small because it is still large, although it has decreased compared to before.
Actually, there is something else I want to buy that I didn't put in this post because I don't have enough money to buy the ones I want to hold before the bull run comes, but I hope I can buy those. Those are my priorities right now to have, at least little by little, as long as the important thing is to have those holdings, even if it's only a small amount.
I would say some of them do not sound like good stuff, because I am not really a fan of memecoins, like shibdao? That doesn't even sound like a real thing to me. But I do agree with others, ada, sol, matic, bnb, and I would add in ETH too and that should be the good case. That is a list I could be behind and suggest to people as well, it should be something that could make some profit to some people without a doubt. I know that it is going to be a tough one, but it should not be impossible to handle neither. I know that it will take some time, but it should be possible for people to make it work one way or another, and I believe that we are going to end up with a good thing that should be profitable for all of us. |
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There are no experience mate  you lose as a beginner to become a stronger trader  so for everyone out there thinking of QUITTING QUITTING is not the option here just keep learning till you can say "Gone are those days " I remember I was terrible when I first started, I was literally picking things that would go down right before they do, I was basically very good at finding coins that will drop at that point lol. I think I misunderstood something, and instead of finding things that are just about to go up, I did the reverse because I misunderstood the situation and picked the ones that were just about to drop. I made so much loss that I stopped trading for years after that, I jut bought bitcoin and hold it, which is something I still do, most of my money is still in holding bitcoin. However, I realized my mistake long ago and I have been trading a bit as well, and the results are not suddenly amazing, but they are not that bad neither. |
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Predicting $100 million in bitcoin is crazy, but predicting $1 million per bitcoin is entirely possible in our generation. Although bitcoin is gaining popularity, compared to the world population, 90% still do not invest in it, and if the government legalizes it, encourages and allows people to invest in it. You will find that 1 million USD per bitcoin is very feasible. But you're right, we need to be realistic. First, we need to reach our $100K goal and then we can think bigger things.
That is true, reaching 1 million per bitcoin is something I expect to see in my lifetime. I know that it will be a tough one but it is not impossible neither. We have so many halving and so many financial crisis that will lead to inflation which will make bitcoin go up. So, I think 1 million per bitcoin in the next 20-30 years is more than possible, actually I wouldn't even call it possible but would say that it is likely that it will happen. I believe that we are going to end up with a good return without a doubt. The best thing to do in this case would be making sure that it is going to be a good thing for a time being, and it should be fun to keep watching it one way or another and see how it grows overtime. |
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considering 2025 is far away, well from the perspective of cryptocurrency investment its still quite far away considering the fact that cryptocurrency investment usually more short term compared with stocks and the other similar thing like precious metals.
i would say that bitcoin definitely have the chance of hitting yet another all time high, by then maybe the price already reached $100k and more.
but of course the capital needed to make that realized would be humongous too. therefore i don't actually have too much hopes neither i'm optimistic in this regard but you know that bitcoin always make some unpredictable movement.
many are doubting in the past that bitcoin can go beyond $10k but see right now, even $26k is considered low for bitcoin.
i'm pretty sure in the future the value will far surpass current value.
That's the deal for sure, crypto is a volatile and quick thing that moves very fast when it wants to, I am not saying that it moves like crazy every single day but when it does move, it's very quick and it doesn't stay at the same price for very long neither. It means that 2025 is very very far down the line for crypto, you could maybe make a prediction for gold but it is not going to be that much of an easy thing to do it for other things like crypto. This is why I believe that we shouldn't really make a prediction about it this early on, it will not be working out at all. I think it should be important to just hope for the best and buy in and hold. If you hold long enough then you are going to end up doing fine. |
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Not all new altcoins are bad. I found many new altcoins that already gained huge fame, volume as well as included in top altcoin list in 2023. So for bnb. But the fact is, finding good coins aren’t easy. Someone may advice a bags of "rules to find out new good altcoins" but that won't work as we expect and no surety at all. It also depends on luck but most of the time people fail to find the good one. But if you can, then you are welcome to invest in new altcoins with own risk
The problem with crypto market is that its highly unregulated and there is no way you can certain that new coin is legitimate or not. You have to take risk of investing in new coin and it may or may not be profitable. As far as old alts are concerned, to me only top 20 alts on CMC are worthy for investment. You can DYOR on new coins but still there is no gurnatee of there future. I would say if you have to invest in alts then invest 20 to 30 percent of your capital in Alts rest should go for Bitcoins. That top 20 is a great way of thinking, because that's the one that will make you the most profit and they are there for a reason. People think that low cap coins have a chance but the reality is that they are low cap for a reason and they are not going to go up, it is rarely ever happens after the first 3 months of a new coin ends, it is going to rank somewhere and usually stay there. There are more coins who drop 10+ rank than coins who climb 10+ rank, not that it doesn't happen but it is less frequent and there is no need to try to find it. Instead, focus on top 20 and remove some even in there, I removed about 6-7 of the top 20 and then bought the rest personally, it is much better that way when you trust it so much. |
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There is no doubt that they are supposed to learn first before looking for a simple way to earn. If newbies start making making money from copy trading, it is not a bad thing. It will only be bad if they refuse to learn how to trade themselves and relying very much on signals. If they don't have idea of the chart they will copy wrong signals and make losses but with trading idea they can do better with the copy trading. I am not against any smart way to make money, it must not only be your pattern, you can borrow.
I would say that it is not just about trading with someone else's idea, I think it is also important to learn what they are doing as well. If you are doing copy trading but not learning why you are buying something that means you are going to end up with a bad result and you should be avoiding that if you can. There are situations where it is not going to end up with a good result at all, you should be a lot more careful about it whenever you can. I think it is important to make sure that you are profiting as much as you possibly could and that will definitely make sure that you are going to end up with a great profit when the time comes, it should be a lot simpler that way and could mean that you learn from it and not just used it. |
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Today, at the start of the closing day of the BRICS meeting, the President of South Africa announced an important decision regarding the BRICS acceptance of the invitation of six countries to become new members of the BRICS group. These countries are Egypt, Iran, United Arab Emirates, Saudi Arabia, Ethiopia, and Argentina.
It's a resume of a guy who applies as a senior software developer but finished bootcamp two days ago. The list is phenomenal, economic powerhouses with the highest quality of life. C'mon, what's the point? By the way, I'm really shocked why do United Arab Emirates and Saudi Arabia want to join their alliance? They are getting all the money from the USA, all those apartments and luxuries were architected, designed, built, made by Europeans and Americans, do they think it's better future for them to join BRICS? The sentence about how BRICS people are looking aslyum in Europe is the most important piece of information here. These nations could be rich overall for the top, or rich for the dictators at the top like China and Russia, but they are poor and starving for the citizens of it, and those people are trying to run away from it as much as I can. To be fair west looks like it is a much better place to live compared to them as a citizen, if you could go there and live there then I would guess that it is going to be fine on the long run. I think it would be a good thing for sure, but it doesn't have that kind of return in the end, it will definitely have a different result one way or another and should be a troublesome thing. |
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There are numerous reasons why Bitcoin might experience a price increase, as you've pointed out in the original post. However, due to the inherent unpredictability of the market, there's no certainty that the price won't decline during such lows. I've observed several instances in the past where despite positive news, Bitcoin's value still decreased. One of the primary reasons for this phenomenon is likely price manipulation, which could still be ongoing.
From a personal perspective, I'm prepared for the possibility of a price drop and won't succumb to panic. My optimism stems from the belief that the mentioned factors are sufficient grounds for Bitcoin's eventual recovery, leading to a price increase that might even reach a new all-time high following a halving event.
I feel like we are going to end up with something that is a bit different in this case. I do believe that there is going to be some changes here and there, but that doesn't mean that we are going to have a better solution. It's much better to have a reason for it to go up then just think "well technically speaking it could go down even more" because that is not really all that smart in the end. I think it should be important to notice that we are going towards higher prices, that is what will be happening. I know many people think that it will be hard deal, but we need to realize that is the case we are facing right now and it has to happen one way or another, it is just the natural part of the process at this point. |
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Scalping, FYI, is only for those who have an understanding of trading. Most of those who work there are professional traders or have deep experience in trading activity. Those who don't know trading or newbies who only want to make money right away are not allowed here.
Scalping is necessary from time to time. It is necessary to monitor the chart graph so that they know whether they need to adjust or not in the set-up they have made, whether it is buy or sell. And you should also know which category you fall into as a crypto trader.
You are right that only people who have complete knowledge about trading can make profit in scalping. An expert trader creates a complete setup for his trades where to buy and where to exit. Must have chart knowledge and thorough chart analysis. So that they know at which point they have to enter. Whenever the market falls there is a good opportunity for scalping, but it is also very important to know that there should be a proper gap between our first entry and the second entry. Newbies who don't know how to trade need to be very careful while scalping here, as they may end up losing instead of making a profit. Making money while scalping is not that easy, it requires a lot of experience and skill. However, this is an excellent and successful strategy that will give us good returns. Getting an expertise on bitcoin is not something you can do early on, it doesn't matter how much you study, you need to spend years on trading for you to become a great expert on this. Veterans spend months and years making a profit by trading before they go into scalping, that should be the way to make profit and they do make a profit. However, that doesn't mean that you are going to end up with a profit without having any sort of result in any other case. You shouldn't trade as a newbie, but there are newbies who try scalping as well, and all of them will end up with a loss without a doubt. They may try to make a profit, but we all know that they are not going to be making that profit, it is going to end up in a loss. |
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