It can help you make money, for sure. But is it ideal for you or not is the question. Do you have the skills? Do you have a strategy? Can you control emotions? There is no definite answer
The first priority of becoming a trader is to learn the skill without any skill such a trader is bound to lose, of course a trader can earn a living as a full time trader, however this comes with a lot of experience in both technically and fundamental analysis including long hours of charting time plus control of emotion while trading with a strategy, there are good numbers of traders who trade for a living and earning decent money consistently, I think the OP needed to educate his brother to follow all the necessary procedure and learning paths towards becoming a successful trader and risk attach to it. experience is the best teacher to find trading techniques that suit us. it looks easy, but will be able to find out the difficulty if we are already trading in real. and it's our job to correct mistakes in trading until it becomes an experience. Of course, there will be complex problems that must be solved, so that it requires heavy steps before gaining glory in the world of trading, Of course, from natural selection like this, fewer traders will succeed in overcoming obstacles, and more of them will fail, with the biggest problem being their own psychological control. |
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That is stupid. Then why they were fighting since February ? They could have surrender, or give that land for free. I dont think this was is going to end soon. I expect the end or decrease of Ukraine support by other countries, but some countries will get profitable and unprofitable contracts for natural resources Russia export. Like war in Ukraine was just a reason to reconsider resources prices and other obligations, like this war was sort of an excuse to do something.
It is not stupid and going to the negotiation table will not be interpreted as surrender. Even with full NATO support, Ukraine has failed to halt advances by the Russian troops. Their regular army is all gone, and so are most of the neo-Nazi formations such as Azov and Aidar. Now the fighting is mostly being done by the reserve troops, who are suffering heavy casualties every day. What they need is an immediate ceasefire, so that further territorial and human losses can be prevented. If the fighting doesn't stop, Russia will simply conquer the entire South and East of Ukraine by the end of this year. That is if Zelenskyy surrenders, think about how we all supported Ukraine and then crash our country's economy because of our support to Ukraine and then all he does is surrender? He'd be branded all his life for that. Zelenskyy will not surrender but there were reports that his generals are going to usurp. The hunger however will really make people crazy and will think of crazier ideas. The revolts may not be the result of inflation and lack of government's intervention to commodity prices but hunger will start making people steal food and money from the storage of the rich. The situation will worsen if the diplomatic route is not carried out immediately, this will not only have an impact on Ukraine but also destabilize the world. Of course, there is a goal to be achieved from the alibis of both parties. and unfortunately there must be victims from civil society who are actually the weakest. and it will be even more messy if the country supporting ukraine has energy difficulties because it depends a lot on russia, so this is not a simple chessboard |
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1. Many altcoins will never reach their all time high again.
2. Don't be fooled by altcoin ranks on coinmarketcap because many won't stay in top 20 anymore after we go deep into this bear market.
3. History have proven that many altcoins will be replaced by new ones and that's where huge investors will be making most of their gains in next bull market.
The best strategy is to buy as it goes down. Don’t buy all at once. Look for the support lines, that’s where you’re purchasing. Resistance is where you’re selling. This crypto winter will last a long time because sentiment is at an all time low. People don’t feel as enthusiastic to invest into the market like before and believe in the projects less. it's true, don't let us buy all at once, considering we don't know what will happen, even though our price predictions are already on the floor. With the selection of the right altcoins supported by gradual purchases to anticipate the possibility of a further decline, we will get a profit faster if the price goes down again, because we have the opportunity to get the lowest price. high-end coins are not a guarantee of good prices, but at least they are less likely to be scammed, unless there is an extraordinary event like the recent altcoin incident. |
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I saw a thread suggesting that new coins will bring big profit. This is true, however, these new projects that might bring big profit are harder to find during a bear market. This is not anymore a market where you can buy the most stupid coin similar to memecoins and profit 100x. This time we need to do more research on the project, what it does, the tokenomics, how much coins or tokens are issued and how much are emitted daily, weekly or monthly and the development team, if they are good and if they have enough funds to develop the project all throughout the bear market.
Also, it is important that you should not be wasteful with the money, bitcoins or stablecoins you have left for investing. The market might be bad for months, years or longer. Be cautious and do the research. Invest in good development teams.
from the situation that we do not know at this time where the bull market will come when, then for me it would be better to invest in the safest coins, considering that it is possible for the reversal season to come longer, because for me the safety of funds is the most important, I do not tempted by the increase up to hundreds of times, let alone to invest in meme coins, because behind it all the risk is very big |
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I think if the merchant has mastered the field, then there is nothing to argue about. in trading there is the term follow trend and contra trend, both have different treatment according to each trader, there are many opportunities that can be exploited even in a bear market situation, and if we can take advantage of them we can collect profits. but there are also traders who prefer to wait to sleep during the bearish season, I think every trader has their own style, and there is nothing wrong with that
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Trading and gambling are indeed very subtle, the difference is that when we trade, we must have a plan in advance, so that we make transactions according to the framework that has been created, so everything we do in trading is as if there are rules in our opinion, this is different from gambling. who don't know the direction and purpose of making transactions, even the risk and reward don't seem to be taken into account first
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Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.
I want to know if holding or trading will be more preferred. All suggestions are welcomed.
Bitcoin is the best currency to hold. People invest and hold these bitcoins the most.However, I have been holding Bitcoin BNB and many other things.I believe that soon I will get something good from my holding coins. When a person perseveres and works hard until the end, they will reap the rewards that they deserve. Indeed, if you do not have a lot of knowledge about technical analysis or you are not that good with crypto, there are still a number of other opportunities to make money. Just hold bitcoin and leave them in your wallet, don't worry about it for a long time, then you come back and check them. I'm sure you'll reap the rewards for yourself. In holding it, the outline is that we must be able to control psychologically, even if it is only holding, but this action is actually not easy. although we know holding bitcoins is the safest and will eventually make a profit, but in fact many fail because of their own panic. Therefore, even though we are not good at analyzing and finally decide to invest, of course we must understand the risk and reward first |
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It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
Thanks for your useful reminder mate, I agree with your insight because it is clearly visible that the bearish market trend is not over yet, thats why we should take extra precautions while buying any coins, especially those expensive ones, and we should think ahead of any possible scenario that might happen in the future, especially in this very challenging times so keep watch guys as always. It is necessary to be careful when buying coins, but we must have a clear plan in analyzing the coin market. I think buying now is indeed a good move, especially for well-known coins, even if it goes down again later, we can buy it back, and most likely the price will go up, at least to the previous high ath. The problem is we don't know when the bearish season will end, and we have to be willing to buy in the area we have determined |
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I think it's not possible to support an entire family only on basis of signature campaign earnings from forum, I mean sure that there are high paying campaigns but the cost to sustain lives is much higher, if you see, specially in developing countries, the average middle class earner earns around $1000 a month and still they live not in a very good fashion. In developed countries the cost to survive is much higher, and I guess it's easier to get a job in developed countries that pays way higher than most signature campaigns here. And it would be boring to live solely on signature campaign money because we should work as it's fun, keeps our mental and physical health good and saves us from boredom  I disagree bro, In developing countries this amount is enough to leave comfortably with this amount, i don't know how many average middle class earners that earns up to that amount in developing countries, in fact, anyone earning up to that amount monthly lives a high standard life and can easily fends for family without much stress. As you have mentioned already, the standard of living in developing countries are not so expensive as that of the developed countries. In some developing countries, the tax structure is not very strong, with that amount you can do more and pay less tax unlike in advance countries where the tax is very high. i don't know why you think it will be boring to live solely on signature, it is more like working remotely online, and depending on individual needs, such work can give you the opportunity to do other things that are of interest (assuming signature is a long term job) Different people different choices. Some people like to rely on signature campaign while the other people want to work and enjoy other jobs as well. That is personal choice - as long as the signature campaigns are running one should enjoy it. On a side note - why we are scared of signature campaigns to end? We have lost so many jobs in our real life - we find the other options when one door closes, have faith. in my country there is a friend who quits a real job, and chooses to live with cryptocurrency signatures, and he can actually support his three children and this has been going on since 2017, indeed at that time the signature gift was very large in my opinion, and he was clever, setting aside for other investments such as buying property, as if building assets, which in the long term can be a passive income for his family, until now he is still loyal to the signature campaign, although other activities such as trading and investing have increased, and all of his initial capital came from the signature campaign |
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You don't have to set like that as it seems it's really hard to buy a coin. He said that, you should buy bitcoin with your extra funds and that's not hard of doing it.
In most countries, there are bitcoin sellers and exchanges are accessible unless you really are from a country that has prohibited access to most exchanges.
And most of the counties have the same issues regarding exchange in coins. those who live in the country where the crypto is regularized and people can freely trade and pay taxes are lucky one. But then again there are so many other options for investment apart from Coins. Indeed, there are many investment fields other than coins, and we can choose the level of risk from each investment field. like investing in property, where the risk level is almost small and every year it can certainly increase, but we must have a lot of capital, in contrast to investing in crypto where whatever money we have can be invested in the desired coin, but with high fluctuations, it should also be a separate consideration. It's different again in gold investment, as well as having its own characteristics, so we can choose which investment suits us |
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Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?
Why not focus on BTC then spread your portfolio after heating a set target of BTC you will like to accumulate. The crypto market is very volatile at the moment any investment is riskier than you can imagine. ETH is a nice project too but your capital matters a lot because of high transaction fee. Accumulating both ADA and BTC can still be considered. But for long-term hold Bitcoin serve the purpose full time for a newbie I think the selection of coins is very important to determine his future. I think btc is enough to invest if the OP is a beginner, as time goes on so that his knowledge increases, then I think he can develop investments in his favorite altcoin, considering that choosing an altcoin will be more risky. There are many basic mistakes that beginners make by investing in new projects because they want to get big returns |
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#PROOF OF REGISTRATION Forum Username: Xampeuu Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=982684Telegram Username: @xampeuu Participated Campaigns: signature Whisper MSG Wallet Address: 0x1k892e9092e10cae14b38814b32ecf671ebde08a7e51f2+56db004a9fa8e06ea95ddcf39beee6b639c856a2eee5cfe2980336c450736b27 |
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each time frame of course has its own graph, and we can look for support at each time frame, so we can determine a low price in the support area, but we have to remember, the smaller the time frame we use, of course, the shorter the distance for the market to work, therefore we must be able to determine the target and cutloss area, to invest long term, of course the largest time frame can be chosen for analysis
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Trading is a job where you always have to stay updated. There should be a supply of technical chart tables, updated news, etc. with every price rise and fall. In the palm of your hand which will help you to identify the market trend. Try it out.
trading is none man's job, because for trading now it is occupation that you are willing or interested to develop your self without anyone supporter. Because if you fails to learn right well it will affect your trading and if you don't learn well and understand the format of trading. Because when bitcoin falls it's you that can bring solution for your trading pattern. Bitcoin is currency that you have to understand the root before trading, so it needs more formation and seriousness after learning, of course have to practice a lot for real trading. from here learning real trading begins, we will understand for sure the difficulties of trading, and that is precisely what becomes the basis for us to understand the world of trading. bitcoin has become a cryptocurrency icon, so in analyzing it, we must pay attention to the movement of bitcoin, and must be serious about knowing its behavior to seize an opportunity |
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Nobody knows if 17K was the actual floor for BTC and it could go lower than that.
However, if you aim to hold it, then yes, right now btc has a good price to enter as well.
Not a financial advice.
this is what is happening in the market for now, but we have to analyze the market for the next trend so we can see the price, although not necessarily that way we can get certainty, but what we do has a direction to be able to get the right buying and selling prices right because holding on too long is sometimes very boring  There's really no certainty on these coins because we can't know what would happen in the future because we don't know how bearish the market could become soon, we know it's risky but these risk will be worth if the market starts to recover again and maybe it will hit a new ATH few months from now. Hodling might be boring but it's the easiest and safest thing to do rather than bothering yourself on checking the prices daily and hourly. holding is boring, but we can ignore it so we don't keep thinking about it. that way we will be better able to hold on to it in the long term. this is just talking about psychology and the courage to take risks, so the right time to let it go is when the bullish season arrives, and those who can't afford it, of course, will experience panic selling which will harm ourselves, so plan carefully before investing in bitcoin |
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"Bitcoin is Dead" A common headline used by writers for years whenever there's a significant drop in bitcoin prices. CZ seems turning the FUD headline into a buying opportunity for others but I think it's not a signal for buying. There are chances that prices could dip more so it's easy to say that headlines like these are just early. If you're old enough in this space, Headlines like these doesn't matter.
all this information is to mislead people about cryptocurrency. And i don't really entrust any cryptocurrency headlines or any bloggers information from unknown source. Thus, this is the right time to purchase cryptocurrency and mostly this dip season. i encourage whosoever that is capable of investment to go directly to purchase a potential coins and invest on, and leave side speech or hate speech of cryptocurrency. Because we continue to depend on this numerous information of negativity of cryptocurrency, nobody will like or would like to invest in cryptocurrency. it's true that now is the right time to buy, if the price goes down again then we can buy it back and keep it. all bad news will affect bitcoin's movement, but for now I don't think it's as powerful as 2018, considering a lot of people are already aware of the behavior of cryptocurrencies. On the other hand, mental strength is actually very important, remembering to keep holding on we must be mentally strong if the analysis doesn't go according to plan |
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I did some trading stunt recently that made me to marvel. And am beginning to see my trading skills as a force to reckon with, i studied the market during last last 2 years and have realised that floating with the market can earn you good profits that you can imagine. Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.
Indeed, USDT becomes a weapon to buy when the price enters our buy area according to the analysis and framework that we created earlier. when the price is profitable and we have to set a target and stick to it clearly, because if we are greedy it will be risky, considering that this is a bearish season, and we take advantage of price corrections which may have experienced a deeper decline |
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Majority of the great projects like the NFT ones are mostly migrated in Matic, I even sometimes wonder the reason matic didn't get any famous like terra luna before the crash, it was great solution or alternative for ETH.
and even now they're still as great as ever and maybe in the future it just gonna climbs its rank around 5th and beyond.
I guess it's kinda obvious that the big capital investment gonna flows in eventually and now that's happening, so many are tried investing in matic.
although until now matic has not shown pumps up to thousands of percent like the others, but the matic network is increasingly being used, especially during the current cryptocurrency trend. we can see how strong matic is even in the current bearish season and is still able to move up in the cryptocurrency rankings. so from that we can make this an opportunity according to our view |
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currently i have bought bitcoins and altcoins that i trust. when bitcoin was at the level of $18k I already bought it, as well as an altcoin that I bought, namely polygon when the price was $0.4, after that I just waited for the bullish season to come. I think investing in bitcoin will make our assets safer and buying altcoins will maximize the profit that we will get later. other than that i bought some bnb too
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I rarely meet investors at an already respectful age - more than 45. I think that people at this age either no longer think about such investments, or I just don’t know such investments.
You probably just haven't met one. But in real life, I've met usually from 20-40 and a few from 45 and above when I've attended those gatherings that are related to cryptocurrencies. At that age, they should be more into investments and mostly, they're still a working class that has a lot of it expanded and scattered in many investments which includes bitcoin. at the age of more than 45, I think many of them seem to want to develop assets that they already have. by choosing cryptocurrencies and they use cold money, most of them are more prepared to deal with crypto volatility than people aged 20-30 years. I think psychology is the main obstacle for young people, because they are developing assets, and not infrequently they use money from anywhere to multiply their assets. |
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