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In theory trading bot should work well but it's not so easy. You need to be online all that time and follow the charts. With that in mind I prefer doing all myself instead of bots. Everyone has different ways to do it tho.
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I don't believe that you can even hire developers to make a competitive cutting-edge technology like crypto, all the talent is already working on their project like BTC or ETH. You can only hope that Cardano's or any other "Ethereum killer"'s vision is simply better than Ethereum in the long run, because it's all uncharted territory, but common sense says that it's unlikely - Ethereum's developers have more experience, and it has larger community of developers.
Well the CEO of Cardano is one of founders of ETH and I think they have a lot of experience and much better base then ETH. I think ETH is going a bit to fast with ETH 2.0 and that they will have problems along the way. Cardano has slow but steady grow and I think it has a good chance. |
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Well if you want to buy it at lower price then market price maybe offline buy. I know people were selling BTC like 2-3% lower price. Now that is a lot riskier and it's not easy to find someone for that. Hand to had sell can be really risky be careful.
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Well it looks like it has a good shot. Looking day to day and seeing BNB grow so fast it's breath of fresh air in crypto space. Also there are some other project that have a good chance on that.
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NFT will be far more adopted than DeFi and yes I'm positive that it will be more successful than DeFi with the ways things are going right now, I'm no more hearing hypes about DeFi projects now and attentions have been shifted to NFT, do you think NFT are the real deal because the market cap of NFT will visibly surpass DeFi I believe, what do you have to say about this? Am I wrong or right in any way?
Lol I am also not surprised that you all are trying to start this conversation again. Same conversation that we were all having when the defi came out and some people were saying that Defi is the best, now the wave is done and it’s silently going away, now we have NFT’s, and as usual I expect people to come out and start hyping this one again and that’s what is about to start happening now. They are going to be hyping NFT like there is not going to be another one that will come out tomorrow and replace it. NFT is trending and of course it is likely to grow bigger than Defi, because that one has already shifted and no one is talking about them, but that doesn’t it’s mean over and NFT will remain the number one, nah, it’s still going to be replaced by another project another time. None of these things are going to staying permanent, they come in and after sometime the wave is done. I think there is space for both of them. There is use for both so I don't think there should be such conversations. NFTs are better for investment now cause of hype but that's only at the moment. |
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So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?
Yes there is, as long you believe on it and you know what you're doing, then it can lower the risk. Safe strategy is to play long term with the good projects for example on Binance, you'll buy at the bottom price and you wait for its to recover this may not be the safest strategy, but as long as your money is on a good project there's still an assurance that you can make profit. A lot of people go long investment on some new project. Mostly those projects don't end up well. Investing in some of top 10 coins will probably make you have good profit. Maybe it wont be x100 but still it's safer investment. |
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Probably something near the NFT space. It's just getting started, and if you have the capacity to risk a certain amount of your portfolio, whether or not it could lose its value or not, it's better to risk something you can afford to lose. I'm not sure about other coins, but I have seen videos about OMI.
Omi is ahead by leaps in NFT space since it has a lot of big licences and good team behind it. The Veve app is still in beta but number of people using it's still growing day by day. |
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Experience would be the key and the rest will be discovered along the way.If you do see some indicators which you arent familiar then Google is just a few clicks away.
You wont be needing any online class or something because the things you do need to learn can already be found online and its up to you on how you do make out those research
and learning up those theories and the rest will be varying on actual experience.
It is really confusing at first since you dont know on how to handle up the platform but once you do take the grasp then it wouldnt be a problem at all.
Experience can be gained if you just do a trade, I mean they can tell you everything there is to do but if you never get in there and get your hands dirty, I think that everything that you will learn will be useless. Some online class can really help but I do agree that you don't have to go on one especially if that class is a paid one. One thing is theoretical other practical knowledge. It looks easy until you put your own money. At beginning playing with small amount is nice tactic since you learn also how to control your emotions. |
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I think that NFTs that will come from Ecomi and Veve app will have good future. They have a lot of licenses with big names like Batman, NFL, GM etc. I think it's worth paying close attencion to them cause they have a good shot on making it big.
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If this current trend continue maybe we can see the most awaited altseason. By the way I am all in alts since the beginning. However bitcoin is still increasing little by little. Let's just wait and see.
It's natural for altcoins to catch up to BTC. There are new projects that have better fundamentals and more options. I think in next 5-10years we will see a project that will surpass BTC at first place. It's natural to evolve and in crypto BTC is dinosaur. |
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Yes, NFTs are going to become a huge success in crypto market, however I don't think DeFi is going to lose its importance, as it's not solely a hype, but a way to invest and deal with money without depending on middlemen, only in blockchain smart contracts. Actually NFTs and DeFi can work very well together and I'm sure some developers are going to work this way.
I share your thinking I think they will work well in the future. Both are going to be big spaces and a lot of money will flow in with the time. I'm really paying close attentions on some NFT projects. |
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I have been observing the XRP coin for a long time and I think this coin is very promising as the coin has every chance to grow in value and raise its potential. And I decided for myself that I need to invest because in the near future this XRP coin will bring excellent profits.
I see the pespective but I don't really like XRP for what it is and for what it plans to be used. Being connected to the banks is what crypto is against not the opposite. |
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I don't have any idea about trading bots so I'll give my opinion on trading signals. Trading signal is good as long as you know who you're copying. Traders who provides such service should have a trial signal for assurance of course, and then after that, the subscription will come next, just to be fair. But you should put in your mind that not all of the signals are always gonna bring you early Christmas, sometimes it's heartbreak, but that's normal in Trading.
You'll not be a good professional trader without losing any penny on it. If you really wanted to take trading as your profession, then don't stop learning and trying.
We need to lose some pennies just to realize that we are wrong in using them. Maybe that works but can't stop people from thinking about using bots could help them and make them easier while gaining a good profit. How is that possible? But unfortunately, it was not how trading using Bots will works. If you don't have knowledge of trading, you can never expect that bots will work for you. Because they are still dependent on us, we do the command and bits will the rest, if we send them a wrong message, definitely, they'll be wrong as well. Before investing in these bots, make an investment first to ourselves and that to learn more. Best way to learn is to lose money. It's like that from the start and it will be for long time. Nothing can help you in trading unless you put the time to learn all the stuff that you need to have a chance to be profitable. |
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Hey frds what you think is this is a correction before altseason 2021 bcoz major coins are in support range .
I think correction is very normal and seeing what happen last night is just a small correction and retracement but it is still a good sign that even there is a correction the major cryptos still hodl its reasonable value which definitely a good indication that we are still in the process of heating up for a massive altseason. Seeing a correction is a healty thing and normal. Every correction becomes a support for next run. If altcoins would go up without a correction would be a bad thing in the long run. |
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All I know about crypto trading is that I can't deny it give an opportunity to give us profit in the future, or it can also rekt our
Investment as well if we are lack of knowledge or if we are luck dependent. Maybe if all individuals are experts in trading possible it can help in some other reason.
But not everyone can be a trader, that is the hard reality and I don't think that trading is going to create jobs for the jobless since it is pretty much freelance and the only ones that can do it is the people that have the technology and opportunity to access trading and even those are still uncertain since they have to make profits more than losses. Trading should start like a hobi and if you are good at it it's possible to become something from it. The bigest problem is being able to control emotions. I put knowledge aside here cause everyone is able to learn and can do it. Crypto can't directly create jobs put big traders can open companies and open work places. It's kinda connected but it isnt it. |
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im not an expert, but i lost more not hodling than not selling.
Today was another knife in the heart, i was checking some coins on coingeeko and found out that CYC is 2700euros........well i got one droped on iotex due to my stakies and guess what....i traded it for more iotexies hahahahahahhahhaah at a price of like 70euros ahahahahahahahahaah fuck my life sry
I had similar experience with DOGE. Bought 50e years ago and in mean time we can see what happened. Beside that I have a lot shit tokens I hope some of them make me some buks. |
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Sorry but I don't get it, so if you can enlighten me I don't understand your graph and how you identify what makes you say that a bot or people are manipulating the price to try to stabilize it. The graph doesn't seem to show anything in particular. For example, I could take another one and find the same things as you See  Besides this, if bots and algorithms do the same things, in a legitimate manner, with High Trading frequency in traditional markets why should it be different in the crypto industry? Pretty much normal market movement. I don't see anything out of ordinary there. If people want to get better understanding of charts there are a lot of youtube videos to learn from. |
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the idea would also be good a program to mine from the mobile phone, currently there are very few of them but it has been a long time since there has been no news of the pi network and the token has never been listed on an exchange so we do not know its real value
They dont even have a wallet to send at the moment so it's far from realisation but like people sad it its free so no harm done for now. It's hard to make it work but until its possible its worth pressing it once a day. |
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Only thing will suggest to everyone that do not forget to book profits at time bcoz in 2017 many people not booked there profits and they became bag holder for long so its just a suggest to everyone if you think its enough for you then you can exit by taking profits  Exit strategy is almost as important as knowing in what to invest. Taking small profits along the way is the best way to do it. Because when bear start it will hit hard for sure. |
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What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.
An example of this is when I bought eth at 475 and sold at 1380. Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins. The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.
Let me know what your guys's thoughts are on this.
That is the risks involve. We don't know when the market will pump or dump. For now, I suggest that you hold your coins that you currently have and if you have more capital, take this opportunity to buy more coins. The crypto market is not green right now but I truly believe that this is just a trial in which when the market overcomes, will give us a stronger and more profitable industry. Yeah, we won't really know what the future of the market will be. We can only predict what the future market will be, and that will not always be true. This is the risk, it is true what he said. I want to add a little advice, as we are faced with the choice of hold or trade. Which one should we choose? You can choose one, or you can run both. If you want to choose to keep trading, then don't fully use your traded coins, use about 25% to look for small profits. Because if we incur a loss, it wouldn't be that big, compared to what we are trading all of our coins at now. For 75% of your coins hold first, because I think the current situation will be profitable. If you feel, selling it now will not be profitable for you, I think it's enough for you to hold it until the price starts to stabilize again. Because a promising coin, if the price decreases, the price will go up in the future or return to its normal point. And one more thing, don't spend all your funds to buy the currency (coins). Because it will be very necessary, if we want to reverse capital when the market is stable. From my experience holding is better than trading. If you do a good research and find a good project you can get x10 easy in some long term. And beside that trading is not easy and takes a lot of time and knowledge. |
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