live trading helps you compound losses or multiply money; while demo trading creates money for you.
When it comes for controlling our fear into the correction level, than it's true that experience from demo trading account won't be enough to control when we're on correction for real. TBH, newbie can start demo trading to become familiar with unknown tools or indicators in the starting level. After that, it's better to feel the real taste of trading by making trade with real funds so that we can control our emotion in any situation and don't get ourselves into fomo, IMHO. |
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i believe that TA works in any market even the crypto market, idk what else I need in crypto trading? fundamental analysis? don't really like it Indeed, TA works for any market ,but FA's needed if anyone want to be a successful trader. For an example, everyone right now is so much disappointed with current gas fee problem of ethereum and expecting to get rid of this after ETH2.0. But here is a twist on this FA because there is an EIP 1559 ( Ethereum Improvement Proposal 1559) which will solve the current gas fee problem if london hardfork would complete in July which is a great FA for ethereum right now. Even there is a possibilty for a correction in the price of etherum according to TA, than it's for short time and etherum might go higher than $2k for the upcoming hardfork in the long run. So, both TA and FA matters a lot in this crypto market. Also, we can just speculate what might happen according to TA+FA and not like 100% sure that it'll happen. |
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Hope you're right, about delivering large dividends haha but yeah I think defi will really push it for a long long time, even with all the other competitors coming up, I still have a feeling it'll do well once ETH 2.0 comes on.
Credibility issues at the beginning couldn't take it down, don't see why it'll come up again in the future.
Maybe we don't need to wait the final implementation of ETH2.0 as there will be an hardfork where EIP1559 ( Ethereum Improvement Proposal 1559 ) will be implemented and according EIP 1559, regular transection fee will be changes from the current transection system where two thing will be added which is "Basic Fee" and "Miner Tip". Basic fee will be burned forever and if anyone want to complete his/her transection faster than other, than he/she can pay "Miner Tip" to complete that. As a result, ethereum gas fee won't be that much high like now if EIP 1559 is done. So, other competitiors might loss their positions. |
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Both plans will be good if OP remove LTC from the plan-02. Also it'll be best to allocate more percentage for buying bitcoin weekly instead of using 50% in Ethereum or altcoins. As it's for hodling purpose, than go for bitcoin and ethereum as both of these are in the cycle of profits which will give us profits even after the upcoming bearish markets. Also at what point is a hardware wallet required?
Hardware wallets are more secure than using online or desktop/app wallet. But one thing is more important than all of these wallets which is "Not your keys, Not your Cryptos". So keep private key or memoric phrase in a safe place. |
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is it a good plan?
As cmt is non-profit organization of technical analysis, so it could be a great oppertunity for OP to read those books and give exam for the test. But it's related to technicial analysis which isn't only specific for crypto as it could for stock or forex market either way. As a result, it's better to focus on those books which are only related to crypto and those books could help a lot to learn trading about crypto-currency. On the other hand, OP can read those books of CMT if he/she wants to try all type of trading as an early learner to get some idea about those markets as well. TBH, try to select only one boat and sail on that.  |
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If it's about those airdrops where participant needs to do some tasks for few tokens which is done by those projects which are going to do any ICO, than there is a small chance to get reward and by chance, any project become legit and distribute , than none can earn huge bucks without any refarals. On the other hand, anyone can be benefited from those airdrops which is done because of hardfork or distributed to thank community just like Uniswap did. Those are now on great profit who got airdrop of 400 UNI from uniswap as it's totall value is now $12k. Also, MurAll team "Ticker: Paint" (it's a new project where anyone can make their own NFT) recently distributed a huge amount of airdrop for those who hodl any NFT on their personal ethereum wallet. As a result, airdrop like these will benefit if anyone get themselves as an eligible participants for those. |
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Yes, we can get a big profit when the pump comes. But unfortunately, we do not know when the pump will come, so we will need more time to see harmony increase to the high price level.
If bitcoin dominance get under the 200 MA , than we might see an alt season which will be greater than the previous one, IMO. Till than, lets wait and grab our alts. Their latest development by bridging Harmony and BSC might trigger another bullrun once again for them.
they are not that cheap for now but with this BSC hype going on, we should expect them to gain something price wise after the bridge completes.
but it is still way too far for Harmony to reach 1$, it is not going to happen unless another euphoria happens when the whole market goes crazy like we used to see in late 2017.
Indeed, that's the real thing and bsc hype helped a lot of projects to pump which was shifting into that because of the current gas fee problem of ethereum. Also, harmony team might hurry up as ethereum's london harkfork will solve the current gas fee problem and BSC hype might decrease. Like what i said, bitcoin dominance might get under the 200 MA which will be a great sign for alt season and maybe , we can expect to see an alt season soon. It might help harmoney to hit those desired price if alt season start for real like 2017 |
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Last time, USA prinited money for the 2nd time for the relief and market was taken a small correction and start it's bullish rally again. If history repeats as fundamentals are so much strong which means, bitcoin needs to close its daily candle on the 56k zone to continue the bullish trend , else it might fall back to 53k price zone and than rebound. After that, bitcoin will again pump back to break the 60k to make new ATH. As always, every one of those will again regret for not buying in the 43k-45k price zone.
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I have kept the USDT in my Tron wallet and it looks safe until now.
Low fees are great for us to choose from, I always use the TRC 20 network to send USDT from the exchange to the Tron wallet, nothing to worry about but keep private keys safe
Indeed, the real fact is "Not your keys, Not your Crypto" and anyone can use any blockchain to make transection of USDT by using any wallet based on the chosen blockchain if private key is safe and secure. But it's true that tron based USDT has less fee than ethereum based USDT and that's why everyone using tron based USDT from exchange to wallet or exchange if that exchange support that. Also, it don't secure tron more than ethereum for having lower fees, IMO. |
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In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
First of all, congrts for making profit from those trades and secondly, BNB is already entered into the cycle of profits like bitcoin, etherem. As anyone can get profit if he/she hodl it for long time and it'll give profits even after a bearish market. So, it's best to buy BNB in any dip as a long term hodling. On the other hand, day trader can do their trades according to support and resistance zone and CZ is trying the best to pump BNB again, IMO. |
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I’d have to say none of the choices, XRP has a lot of issues and Litecoin is not a good coin to invest in too. I’d rather invest in probably BCH or DGB instead, for long term hodling.
That's true and lawsuit of SEC on XRP might be solved soon. But previous co-founder of Ripple is now selling of his parts and that's why XRP can't pump for the selling preasure. BCH community divided after some years which isn't good for the hodlers and it might pump as long as bitcoin is on the bullish rally. BTW, is there any good news regarding DigiByte as it's only half way to make a new ATH? TBH, alts are good for now and profit out whenever we're on profit instead of hodling. |
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From my view points, it'll be more profitable if OP hodl it until next London Hardfork where EIP 1559 (Ethereum Improvement Proposal 1559) will be implemented and this is great news for ethereum hodlers. As gas fee will be reduce after this hardfork because it won't be the same transection process like now and burn machanism+miner tipped system will be introduced on EIP1559 which will definitely impact on the price of ethereum. So, it'll be profitable for all dapp users as well as ethereum hodlers in the long run.
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It could happen if the big pump comes to that coin and make the price rise so high. But before that comes, we are hard to see Harmony hit $1 or more in a short time. The only hope for the low price coin to increase is getting a pump from many traders interested in the coin and buying at any price. If that can happens, the price will increase and break every big wall of the order buy. So @OP needs to prepare himself because the pump can come anytime without us knows. ATH harmony is $ 0.04 if this coin goes past $ 0.2 it is likely that the pump will continue but will it happen in such a short time as we would like? But the future harmony potential is quite good if they carry out the development according to what is seen in the road map then it is possible that the pumping will continue, but that is also how the market conditions are good so there can be another pumping but when it is bearish it will be more difficult normally. altcoins are not looking and are more fundamental in their decline. I am not sure if the pump will continue as we expect, but who knows. If the team is still working hard for their project and reach every phase on their schedule, that can give a chance for the coin/token increase in the short term because people will see that the project has an opportunity to grow in the future. But that will depend on how bitcoin price moves later, and if bitcoin can not increase, I think that can make the coin price hard to grow in the short term. Sorry for being late to join this party. But only one thing which can be agreed by all and that is: it's better to get a pump with some correction rather than getting into a pump-dump sitution where coin will be pumped in large scale and drastically dumped afterward. Indeed, harmony is a potential alts according to the roadmap of 2021 and now, everything will be depending on the team to complete those milestone to see harmony into the price level of $1 or even more, IMO. |
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Looks like, crypto community is now on the hype of NFT nowadays as every projects are focusing on NFT markets to launch own NFT for their community. Also, chromia is on that track just like others to launch their own NFTs. Great to see that potential projects like chromia are entering into NFT market to do the best for crypto community and more likely, NFT+DeFi will make the upcoming alt season huge more than what we're expecting, IMO. |
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TBH, it's quite high as for now because harmony just made a new ATH yesterday. But it can make new ATH in the upcoming days as they recently updated their roadmap where we can see major updates are going to be done. If that's done within the timeframe, than harmony might hit $1 or more in the long run. Right now, we can focus for next ATH around $0.10 or more and as always , DYOR first.
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I'm well aware that you're not referring to BAT rewards from viewing ads. I read a posts back when that wallet was first launched that you can deposit but you're not allowed to withdraw without passing KYC too and I assumed that was true. I was a Brave user and I remember rejecting the wallet installation when it popped out. Indeed, you're right about uphold which is just custodial wallet just like coinbase and not quite popular on crypto community. Maybe, that's why they partnered with brave browser to get more attention from the community and it's true that kyc is mandatory to get brave rewards into you wallet. But "crypto wallets" is one kind of modified Metamask with some cool UI design to have more attention from users and provide solution for web3/dapps without installing the metamask extension. That's it and like you, i won't suggest anyone to use any wallets which requires KYC as i don't even use those exchanges which require kyc on basic level. |
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Ohh my god whats going on with paid network. Now seems rekt. Actually what happended
Paid network got exploited yesterday and team was sharing more information regarding that in official telegram channel. Also, team request everyone for not buying into dip as they might deploy a new smart contract and also request all LPs to remove their liquidity on uniswap as team already removed their parts of liquidity. One more thing, team already took a snapshot before the first dumped and hopefully, it'll be back on track just like cover protocol, IMO. On the other hand, some researchers are tagging this exploit as a rug pull. So, it's always been a risky way to get involved into DeFi projects.
More info: https://t.me/PAID_announcements/210
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That wallet from brave browser is tied to Uphold right? The one that asks you to complete KYC before you can send/withdraw funds from that wallet? I wouldn't suggest that.
Nope, i'm not taking about brave rewards, but i'm actually talking a extra feature which is offered by brave browser and it's called "Crypto Wallets" which is basically the samething like the extension of metamask with a modified version to use without any problem. Just install brave browser and than open it. After that, follow according to attached image and anyone will get that option to use. So, crypto wallet is different from brave reward system and it's totally different and don't need to do kyc. 
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Many says that a lot of shit projects going into Binance Smart Chain, and it just like the old days where those scam project enter the market through ETH platform, it looks like a good old cycle to me. Anyway, I wonder what kind of action that Binance will do with regards to this matter, this is not just a hack, this is an exit scam.
Indeed, this is the oldest cycle of scaming those crypto users who get themselves as a rekt one by being into hype/fomo and looks like Binance won't do anything as BSC already gets so many negative feedback from community. But all centralized exchange can freeze those funds if hacker try to convert those funds into cash which might be a great way to reduce the overall cost, IMO. As always, DYOR first before taking any further steps into DeFi projects. |
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Crypto signal group/channels are just pure scam as wildly followers get rekt by taking trade on those signals and signal providers get huge profit on those signals as they take early entry before giving those signals. So, it's better to take trades on any coins/tokens according to major events if anyone don't have so much knowledge of analyzing any charts or don't have enough time to monitor those. But anyone can increase their trading skill by understanding charts from those signal providers and asking yourselft like: "what indicators are bullish for that coin/tokens or why that coin/token will be pump according to TA/FA?.... etc. So, it's always been a better option to do trades with own skill instead of following other signals, IMHO.
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