A trader always tries to find out how they can profit from trading. But which one is good self-trading or AI trading those completely depends on various factors. By analyzing different situations, I think that both are suitable. AI usually gets quick signals about market trends and can analyze data quickly which is not possible in short time by humans. Emotions do not work in AI so they can trade in the market with disciplinary manner. Since trading sometimes involves geopolitical and economic issues, a human can analyze that which is not possible with AI. In any complex trading activity, a human trader can exercise caution and make sound decisions. Such decision cannot be taken by AI trading.
I think taking advantage of the improving technologies is not that terrible, just do not let it be the only thing that you try to make a profit from. Just to give an example, tradingview is a tool you can use to make a profit, you use the charts and make lines and you try to make as much profit as you can. However, if you just go there, pick one indicator, and trade based on that forever, you are going to end up losing money. If you end up learning how to use it though, learn how to trade, then that tool becomes a thing you could profit a lot from as well. I believe that it would be smart idea to keep doing it that way instead of just letting it be. Use it, but also learn how to trade to use it better as well. |
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Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.
This is the part people should realize, AI has been developed for many years now, technically speaking we could say that it has been developed for decades as well, we have never been this close and there was a breakthrough and that is why it's more popular right now. It wasn't this public before, but it got more and more public. If anyone remembers, there were AI chatbots back in the day, you would make it say things and it would develop based on what it learns, but people didn't let it learn real things and made it like nazi or something as a "fun" thing, to mock it basically. This time it's a bit more closed down publicly from central companies to develop it, but public to use it and that way it does pretty decently and I bet it will get even better. There was a test the other day I saw online and it said that some people worked on checking what the success rate was on some integral questions and showing how it solved. The rate dropped from somewhere on the 90+% to somewhere to like 2% or something. Anyone who has worked with chatgpt would tell you that it has gone worse, I have used it time to time to write stories for a novel, not really write the whole story but I am working on a novel myself and ask it some question to get some help, my aim is not to make it write my novel for me, I just want to make sure I have the facts right and not say something factually wrong. Instead of using wiki, I use chatgpt and even I can tell you that it has gone worse. |
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those coin already spreaded to many holder, and ltc mostly for chinese money laundry, xmr gain adoption in darkweb and already used widely, while doge became musk toy and us retail adoption, the gold standar meme  but its already hit beyond sky and only small room to growth while xmr banned in may country cus privacycoin, while ltc seem quite ok in the future I do agree that it sounds like they all got enough attention as it is and the rankings show that they are not ranked badly neither. I understand that they are not in the top 10 mostly, but even if not that is fine, they do not have to be high at the top, they all liked by one party of community or the other. They are not going away anywhere anytime soon, they all did what they promised to do and that's enough for it. The fact that bull run is around the corner and in a year or so we are going to start seeing huge increases, would make sure that everything will be as normal as it gets for a long time and won't create any chaos at all. I understand that it may not be that great for the time being, but it can still do fine. |
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People in need will always be there every day, they are not there waiting for the moment bitcoin reaches its peak, when you achieve success with investment, or when the country is free from debt. Actually the decision to help the people around you should arise every chance you are "lucky" even the slightest, and it doesn't always have to be about money.
This is why I prefer the warren buffet method. If I keep giving my money away while I am alive, I am not going to be able to leave something big behind. However, if I keep all of my money with me and use it until I die to grow, then I will be able to make a lot more money with it. Warren Buffet already shared some of his wealth of course, but he will leave %99 of it to charity when he dies. This means, if I do not spend a dime on giving away aside from a few here and there when I want to thank god somehow and I feel like giving away a good chunk to those in need is a great way to thanks, then you could just use all your money to grow and be richer. If you are a wealthy person when you die, you could leave some to your kids of course, but if you are wealthy enough you could leave most of it to charity. |
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If we are not new in trading, we will know if using a bot is beneficial for us or not. For starters, they should start manually or they can also read guides to know more about the thing that they are venturing. If the AI/bot of the exchange is well coded then it might attract lots of traders on using them. That should yield the exchange a maximum profit.
It's only up to the trader now if how can they make their trades more effective. The strategy should and analysis should still come from them. Trading platforms are just like a place or market to make the trade happen. Anyway, I believe that AI in crypto is not a game changer but it is only just a hype.
I am not entirely sure if that would happen or not. I am sure that some will try but I bet that not all of them will try the same thing. Think about it, if you are making a profit based on this, then why would you have any type of changes on the long run regarding what you are doing. There are so many projects that end up working hard towards what they are doing, and this is why I believe that it's going to be a difficult job to make it work. So if you are binance and make billions a month, every single month, why would you want to risk that and put some AI in there? It could hurt you more than it helps you, and when you are already doing that well, there is really no reason why you should be doing any different things. |
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I appreciate the addition to the above conversation.
It is understandable that bitcoin is not like other cryptocurrencies whose prices could slump and never rise again, and it is also understandable that no matter how confident we are about bitcoin. It is still a cryptocurrency whose price is volatile. This means that it is not a stable coin.
Literally no one loses in Bitcoin if they do not sell. But then if anyone needs his bitcoin at a particular time that the prices is at the bear level, they have automatically lost because they will be unable to use the Bitcoin at that time unless they sell at loss.
Concerning the Bitcoin 4 years cycle, which is accompanied by a bull run. After this coming bullrun, we will notice that the effect of halving on bitcoin price will be reducing just as miners rewards keep reducing.
No one loses if they do not sell the part we should highlight very much so. Because that means bitcoin will go up eventually even if it falls and not many people realize that. I understand that people could sell because they think it will go down and they can rebuy it when it's down, but the ones who sell because they are afraid it will go down and then not buy it at the dip do not make sense to me. Making a calculated prediction is not that bad, it would work for you in the end as well and it could even profit you, but that is the only logical reason you should be selling, otherwise you are not going to make any profit at all. I hope that it gets to a point where we are going to make some money but it will take some time for sure. |
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Well I think with how global economy is now it may take a few months but eventually the crypto market correction will start. I will remain highly weighted in BTC but I will definitely picking up some ETH, LTC, and XRP as well.
I’ve been keeping my eye on these altcoins for a while now. I believe many alt coins will start pumping soon but I think it will happen once BTC starts pumping again. The only challenge is I don’t have that much fiat lying around but this is a great time to get in cheap.
I don't know what kind of storm will happen to the economy, many people are discussing about the storm so that the crypto currency market will have another correction after what happened before. Can you tell me about it.? Bitcoin is always the first choice at the investment level, ETH is the second alternative which is the best choice for now, speaking of XRP I heard that the SEC will appeal about the XRP case, because they feel something is wrong with the results of the XRP victory trial, maybe yes or maybe no XRP might have a correction back (Hawey might have made a mistake). It's a good sign when XRP won yesterday, a lot of altcoins were bullish at that moment because the hype was so widespread that it made crypto itself more famous, and this I think is one of why altcoins are important. Basically recession, the global world has printed way too much money, which resulted with high inflation due to printing of money, and because we can't have high inflation forever, we increased interest rates, when we increased the rates that dropped the inflation but also prices of assets as well like stocks and gold and bitcoin. When rich people prefer to put their money in the bank to a high interest rate, that means it is going to be hard for us to find jobs, we are so used to those rich people paying for stuff, like our salaries and improved world, that when they do not spend it and just keep it in a bank, that stagnates the economy. This results with high unemployment all around the world, and less shopping meaning less profit. That's the crisis we are heading into. |
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With OPEC limiting their daily supply, countries would have to look for other resources and that's why it won't be surprising if that's happening.
And with all of these oil countries selling it are the ones who's making the bucks now and having a good economy. While those that don't have oil deposits and gas on their lands, they're the ones who's badly affected by these players in the world market.
Sanctions, borders and any other issues sticking with these countries. Still, at the end of the day you'll see them have their own trades no matter what boundary they have and will still find ways to acquire the cheapest ones.
That's just how it is done, there isn't really anything that is done any other way. I do hope that people would change soon enough but I do not think that this is something people are shocked about. Oil is needed and no matter what type of block you put against it, when nations need it, they will end up going over that block and get it one way or another. There isn't a world where we can live without oil at all. That's sad of course, because we should be able to, and we need to make sure that it goes well enough, but unfortunately it's not going to be that simple. We need to go into a world of renewable energy so that we could continue to do well, otherwise it doesn't really matter in the end and we will be depending on these other nations. |
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This is interesting, a new case I've ever heard. If only one user experiences it maybe it can still be considered but this is more than one user. I would like to hear confirmation from @Mahdirakib whether he plays Baccarat or Roulette and bet on 2 sides because like I said this doesn't count for the bonus. And I know most of your bets are on live games what I'm worried about is that each draw bet doesn't count for the bonus but still counts for the ticket, this scenario has been implemented in another casino Black****fun only bets with 35% win are counted (bet $100 win $135 or more) this bet is valid for competitions and only in games that have 2-sided bets (Baccarat, Roulette, Dragon and more.) This is my wager a few weeks ago and still qualify for the bonus even though the bet was placed a few minutes before the code was posted Indeed this hasn't answered your problem but I just want to confirm that bets made a few minutes before the code was posted will be counted.  I am not entirely sure if it's fair or not, I wouldn't be able to say, but if a casino says this is the rules then that is the rules and people has to follow that. I remember back in the day when stake would have challenges and they would make us all bet according to some rule and then share our win or loss or whatever, and then we would paste the image of us winning there with our betid as well so they can check and if we did what they asked us to do then we would be able to actually win something. It's not really that much of a troublesome stuff, because if that is what they want us to do then that's what we will do, that has always been like that for many years now and I believe that it's going to keep staying that way. |
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I also have this feeling that you should buy right now as much as you can. But since I am not the only one who has such thoughts, it is worth thinking about it, because usually the market acts contrary to expectations. That's why it is probably a better strategy to buy partly, so that you don't regret later that you could have bought more.
Well, we should think about it, when everything becomes easy predictable and everyone knows. Will the market move according to our expectations? We will all buy now and sell after the halving because everyone believes the price will go up, so who will buy our bitcoins? The market always goes against the crowd, so analyze instead of Fomo buying in a hurry. It is true that the current price is still very cheap to buy but don't think we will easily make a profit when the halving is approaching. Everything is still just our speculation, there are no guarantees. I do not think that selling after the halving makes sense, that is when it will go up. Anyone who knows crypto would know that halving is not the period it goes highest, it is after the halving that it will start to go higher for sure. This is why it's better to buy now, but if you buy during halving, and wait for 1 year, you are going to end up seeing it go up again. I hope that it's going to be something that will benefit everyone and it should be something decent without a doubt. I hope that it gets to that point, but I think it may not be that easy and it's not going to be that much of a tough situation at hand. I just hope that it will get to a better place and a better situation, that should be something a lot better. |
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Are you saying that the bitcoin is base on luck?, if you are trading with bitcoin and have an investment on it you know how does it works first before you make your move because there's no person in a right mind make an investment to the things they don't know it's just like giving a free money, committing on it must need to have a knowledge and understanding so those information can serve to you as a guide and lesson what are the next thing you need to do, unlike gambling just a click away you are trying to risk without assurance if your winnings. It's a knowledge versus luck game with your statement of Bitcoin is like gambling.
Supposedly you are right but unfortunately, there are still a lot of people who are doing this. They invest blindly, they put money into scam projects and into investments that promise huge ROI but in the end, they got nothing other than losing their money. Usually, we become confident that investing in Bitcoin is just easy because that is what we usually heard from influencers. Well, we just know it was wrong when we are in actuality. Because trading can never be called Gambling, not in the sense that we are not relying on luck but we are working hard to earn and succeed. The ones who invest into scam projects without first studying about it are the ones that make me the mad most. I am not saying you can't get scammed, everyone can get scammed, if you end up studying and researching well enough and the other side just hides their scam very well, then you could get scammed and that's fine. However, we are talking about a situation where some people go into scam projects that are too obvious, but because they do not research it first, they go in and they end up losing money. Those people are not just gambling, they are literally throwing their money away and that should be avoided at all times whenever we can. In the end we are going to learn more about what we can do and that's the key here. |
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As of today, over 60,000 electric vehicle charging stations now accept Bitcoin across Europe,
60,000 is not an actual number that is operational and effectively used, but it is likely to reach this number in the next few years. Of course this is good news, bitcoin is getting closer to massive use in the world of global payments In my opinion, when the world is getting more advanced, transportation is getting easier, it requires payments that are accepted in every country. One of the many currencies owned around the world is bitcoin. So I think using bitcoin as currency for global payments is the solution of the future. Bitcoin is increasingly trusted by many people. It is only a matter of time until bitcoin will be widely used and accepted around the world. I think we hope that will happen Think of it mostly like "this is the number of places that "can" accept it" type of deal. That means that as high as 60 thousand of them could accept it if they do the update and actually start accepting it. However, the point is that we are getting more adoption is true, that much is guaranteed, we have more adoption today than last year, and last year we had more than previous year, that just keeps growing and growing for the long term and should be a source of joy for us without a doubt. I know that not many people think that we are growing by just looking at the price, but price is not the only thing that will make it that great. I hope that people will realize that soon and could do something about it as well. |
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Nations need to figure out a way to feed themselves, you can't rely on another nation to feed you and then be upset when something goes wrong. You were the one who relied on a different nation to feed your citizens, so when that nation does whatever they want, you were not ready for it. this is the way which should be accepted by every nation like if one nation is deprived of anything so they should worked for that to establish that thing in own country. Begging in front of other countries for little things will make you slaves so I think food and agriculture is that thing which we can grow in our own country. If we focus to establish new ways to fulfil these needs then we should not be dependent on other countries. Dependency comes when we are not able to fulfil the requirements of citizens and are in hopes that other country will give these facilities to us so in this case we cannot become and independent nation ever. Begging is a natural part of the world according to what you say. Because not every nation could have the same resources and some nations are just forced to live off whatever they have. Of course focus on agriculture a lot more, but what about the deserted areas in the African continent? That's the biggest example, we are talking about a huge part of the world that has no farming area, what are they going to do? Hell they do not even have clean water let alone anything else. This is why I believe that we should not be doing anything that would challenge the whole begging part on your end. We should help the nations that need our help as much as we can, they should do whatever they can too of course, but that doesn't mean we should stop. |
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I think you should be capable of learning somethings and if you learn it well then you should also gain experience after that as well. I know that not many people see it that way and because there were few newbies who got rich, maybe richer than some veterans, during the bull run because they hit the jackpot and got the right token and made some money.
But they wouldn't be able to do it again, it was pure luck and sometimes that happens and that's understandable. In general though, we are not going to see those people making those type of changes, they are not going to end up with a lot of profit and we should probably see them have different approach for sure. That's why they should learn more about it.
The learning part is the part where people just ignore all together and not even care enough. They just think this market is a place that you could make money easily and jump in and lose money. So the whole "myth" of newbies can't make money was created, because majority of newbies come in thinking they could make a lot of profit but then we ended up not making anything work at all in the end. This is why we should be considering this as a big issue and not really come up with anything that would change anything in the end. I know that it is not a simple thing, but if we could just make newbies realize that they can't get rich quick, and just have to learn and study to become a good trader, then maybe it could work and newbies won't lose money. |
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Learning is a continuous process. No one knows everything. If you think I'm an amateur, all well and good but all I know is I have been using these tips for my agro- business and it has been working well for me. Although is a small farm but I plan to grow big one day.
Quite a long article you just gathered your sources from, I am curious though OP on how specifically these apply to your "small farm" business. The real reason you're building business is purely to create money/profit unless you are a non-profit organization which rely on things like donations. There were some of coffee shops in here that serves great, but even though they're "passionate about their business ideas", they still didn't make it. There ain't even Starbucks around here that surely will crush those small businesses. Sometimes it will kinda suck for everyone to just build business and it's not for everyone to be honest. Network also comes into play. Someone's gotta put your business into your audiences to try it out. I think the biggest thing that could consider being a good business would be hard work, and if he works hard on a farm, he could make profit too. I have seen farmers who calculate literally inch of the seed they should plant based on how their farm is and how well it looks, they use technology and apps, they even have farming equipment that plants those seeds at the optimum place as well to grow as good as it gets and they work like hell to make it happen, they spend a good amount of money as well but they make much more than the other person who doesn't do any of it. And I have seen people who just trust their gut and do it without knowing much about any of that information, they just use experience, and they end up not making as much money. |
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Current condition from airdrop campaign project is limited participants for receiving reward or coins, I don't think worth nowadays joining an airdrop project because we have fight with thousand hundred participants for receiving coins. Difference last three years ago when filling form and few hour later payment received in our wallet without waiting too long with current airdrop condition right now.
Its not matter want to join airdrop but don't make your main job because can't guarantee to earn coins and worth when distributing, as side job is not problem because received or not you have still income from main job than huge expected with airdrop never promising bigger higher reward payment due many coins airdrop not listed yet on market exchange.
I guess that's going to change when the bull run comes though. I am still avoiding these and trying not to participate in any of them but that doesn't change the fact that we are going to see this make a big difference in the end, and that is why we should be more careful about it. I get that people are not happy about not getting anything decent right now, but even while staying away from it myself, I can tell others that bull run will be better than right now, so when the bull comes maybe you will have a chance. But I also have to warn that I am staying away from it because most of the time they steal your time and effort, and instead give you basically nothing back, so you are getting scammed, maybe not money but your effort and time. |
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Following the successful court case victory in July, there hasn't been a substantial price pump. However, there has been a tremendous surge in developments related to coin adoption and trading in the cryptocurrency and other financial markets. Numerous exchanges have relisted Ripple, and several governments are displaying strong support for trading, making it incredibly promising news for those currently accumulating assets.
That was that, there is really no need to change anything in the end, as long as you have that, why would you change anything in the end, just keep doing it that way. I know that it is going to be a bit of a weird situation, because it has gone up so much and people expected more, but they already went up? People have high expectations but they are overvaluing the court case, it went from 50 cents to 80 cents, that was what the court case meant to the public, and to the market. There is no reason for it to go up even more, there is nothing about it currently, maybe in the future something happens like you said, but currently we have seen it go up anyway, it's past history, just because something happened in the past, shouldn't increase the price. |
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First of all this is just a mare prediction and I know the expectations are really high from all they said that this year Bitcoin would skyrocket but as it is we're still hoping and waiting for it to be at a higher price instead of going up is going down, now $29k at the moment. I'm not believing any predictions until it is visible to me, as for now is just words, but I wish the price goes up without rapidly coming down anytime soon.
But indeed, everyone will make predictions, even though the predictions may not always be correct, and if you look at past experiences that have been made, at least there will be similarities. The price has indeed increased quite a bit from the start, but right now the price doesn't seem to be moving to increase and is just stagnant. I appreciate what you said—that you will believe if you see it for yourself and not just by prediction. But I actually have a prediction that the price will be corrected because the economic situation has not yet recovered, and also preparing for the end of the year when the halving period will enter. I agree that economy is not recovered yet, which means that we are going to end up with seeing something much worse if the economy goes even worse. However, I also believe that economy is "getting better", I mean it is not recovering yet, but it is not going worse and that means something. I believe that we should be able to say that it is going to matter in the end and we are going to end up with a situation that will improve it a lot. I know that it is going to be mattering a lot when the price goes up for bitcoin, so I think the only way for that to happen would be waiting for regular prices to change as well, it is going to end up being something that will be great in the end. That's how I imagine it would be and that should not be an issue. |
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This is the correct explanation, for someone which has never traded it may seem impossible to sell something first before you buy it, but by borrowing first you can indeed sell something before you buy it, however going short is not something I would recommend on this market, as even if the profits can be attractive, especially with the use of leverage, if you happen to be wrong and a bullish movement starts then your account could be destroyed incredibly quickly.
Thanks for appreciation dear, and i can't agree more that currently taking short entries is not advice-able. But maybe for those who are day traders because in short time candles, market is giving some opportunities to take short entries. But obviously in the long run we should not take short one. The fear of proving wrong and correct will always be there, even if you (not specifically you, used as metaphor) are a pro trader or a noob like me, So, risk management will helps us out there. This is how it should be explained to begin with, so that newbies could understand it as well. When I first saw it, if I saw your explanation, I would have understood it better, but I stayed away from it because I never understood it. To be fair, I am staying away even today because I understood what it means and that's why I am not getting into it, I would never go against bitcoin price, even if it means that I am going to lose money, I rather buy bitcoin than short it, that seems a lot better. Of course I could be wrong, sometimes it falls and sometimes people who short it make money, imagine all the ones who shorted all the way from 68k to 15k, they made some decent money for sure, I just do not want to be part of that. |
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Did anyone from this Standard Chartered bank said HOW Bitcoin will rise to 100-120K USD, instead of WHEN?
To me, the most important question is HOW, not WHEN. Being part of the financial institutions, standard chartered bank realizes that bitcoin could get there and achieve as much as that but they will not want to give further explanation on the possibilities to how such could be realized, they only probably invested base on the research they also made and how they have seen bitcoin future prospects if invested, being a bank, they may also not want to go further in explanation due to the fact that they are financial institutions and being the regulated by law, remember they didn't even made mention that they have invested already, but give the possible expectations on bitcoin worth in near future. They are aware where the money is flowing, and they are seeing more and more users are taking their money to crypto and because of that they are aware that there will be a higher price without a doubt. I am not saying that it is going to be right away, and I believe that a million dollars should be possible eventually. A lot of people think that it is not going to happen but I believe that it is going to happen. For this to happen only thing we need is time, with time it is going to happen eventually. Of course by that time a million dollars may not worth much, maybe an ordinary home that worths about 150k-200k today would be a million dollars by that time, so it is still good and it is still very high, but not as high as todays million dollars. |
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