i learnt trading by my self watching youtube videos and some free course ,
i like to read books on investing i had read intelligent investor book it was good . i like to keep it simple, reading more books i think it makes things complicated, i like warren buffet books more i dont want to follow many authors as it makes things complicated
You are really right that after watching a lot of interesting videos on YouTube you can learn not only how to trade. I read the information on the forums, especially where I can ask counter-questions if I don’t understand something, and visual lessons using Youtube channels have a very beneficial effect on my learning. I do not want to say anything bad about books, but to learn with them, in my opinion, is only a waste of my time. I like to read books on other subjects. |
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If you study the history of the old world, such as France, then according to the information you can find out that in those days, bankers practically forced the rulers of states to make certain decisions related to government or even the start and end of hostilities with other states. The rulers of the states at that time were very dependent on bankers because of their debts. Currently, the situation is completely different and the government controls the banking system. But if you take the World Bank as an example, then it very often dictates the terms to many states, especially those that receive money tranches.
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China got a big hand on the crypto currencies market because of the big population and the huge number of projects there. It has a lot of famous company who's interested on bitcoin, but it's not all about china, it's about the whole world thought.
It would be nice if the Chinese government acted as their Chinese companies want, who really do not mind using cryptocurrency for their business. Despite the fact that cryptocurrency has a certain amount of everyday life in China, it is still under heavy pressure from the Chinese authorities, which is why many people think that the Chinese government intends to ban cryptocurrency. I hope that along with the Chinese national cryptocurrency, the entire cryptocurrency market in this country will be legalized. |
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The crypto market is very much down and out these days. The only gift HODLers want from Santa is a rise in the price of BTC. The last time we have such a gift was in 2017 when BTC touched its ATH.
Another gift can be a further decline in BTC price so that people like me can buy more BTC.
I hope Santa claus hears our plea and increase the price or better still he should allow the price to continue to range above $7500+ even after bitcoin Hodlers exchanged their coins to fiat to buy Christmas gifts and celebrations while declining further might not be feasible now for us to buy at a better price. however I don't think the price can attain another ATH this year. I think that it is not necessary to compare the end of 2016 and the beginning of 2017 with what is happening at the moment and will happen in the coming months. The fact is that the situation on the cryptocurrency market and in the world, in relation to cryptocurrency, is completely different at that time and now. If you recall 2016 and 2017, then the time was the peak of the growth in the popularity of cryptocurrencies and an active pr-campaign, thanks to which information was circulated that people can become rich with the help of cryptocurrency and many people used these opportunities. Today the situation is very different and therefore there is no reason to wait for the same increase in cryptocurrency prices. |
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Apparently the question itself sounds wrong or the idea is simply not feasible. The same can be said of a car that does not need to be refueled, but anyway, but someone wants to use this car without fuel. One way or another, if there is no gasoline or diesel fuel, then in order to set the car in motion, they will use batteries and electric motors. Nevertheless, the vehicle remains the same. But if blockchain exists on the world wide web of the Internet, then no one can use the blockchain without the Internet itself.
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In addition to the analytical factor from TA, we also have good news such as Ethereum 2.0 and a more important event is Bitcoin Halving. These events seem to help investors stay with the coins and they don't want to sell them off. That is why when ETH reached the support of $ 135 - $ 140, then rebounded high. We can count on support levels 1 and 2.
I believe that the ethereum positions are still quite strong, because despite the desire of certain groups of cryptocurrency owners to lower the price of ethereum by putting coins for sale, most ethereum users refrain from selling this coin. It makes no sense to sell today, that "tomorrow" will bring profit. If Ethereum could drop below $ 100, then this would already happen. But if such a fall did not happen, then this means that Ethereum has already found a solid bottom of the market, after which we can only expect a positive growth trend. |
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haha funny thing this thread is exactly 1 year old.
i wonder how this thread survived for so long and still relevant
its actually was a good time to buy a year ago, all the coins had a good rally from january to june
looks like the cycle is over and now its a good time to buy some altcoins again
You are right, we have seen for the last year the prices of altcoin are completely in a down trend and now it is the right choice to grab potential coins. Yes, we have seen many cycles from the past 6 months, which we have a complete downturn and this makes us grab as many coins as possible. Actually, the best thing to do is accumulate coins with funds from your disposal income. And then when an OBVIOUS trend reversal looks imminent, you can then buy with your intended capital. No one can really time the market so you do dollar cost averaging. it is a must to wait obvious trend reversal and then buying those coins. I think that's the best option to avoid big lose bcz most coins can get lower if do DCA, it is risky bcz the price can get lower. we buy dip but it is deeper I prefer to use stoploss and wait the obvious trend reversal. That's why knowing and using technical analysis is important so you know or rather have an educated guess on where the bottom might be. No one can time the market but as sure as hell you can always try. Buying the dip is not good idea unless you are sure this price is the dip point of the downtrend.Technical analysis is useless from my experience. The technical analyze is used for forex markets and it works rarely in volatile crypto markets. The markets are designed to move the funds from the small traders to the market makers. The forex market is not created by the whales, that is the difference. One way or another, cryptocurrency users who invest their money in cryptocurrency at the current price, especially those coins that have good prospects in the future, will in any case receive a good profit. Of course, this does not apply to the entire cryptocurrency and such investments have a certain risk, but nevertheless, the chances are great for success. |
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The fact is that AliBaba, as well as other retail chains such as AliExpress, have a very large turnover and their customers are a large number of people around the world. I personally would be very pleased if Alibaba would give its customers the opportunity to buy goods not only for fiat funds, but also with the help of cryptocurrency. I think it will benefit both parties.
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Tell me if my plan is bad, the first time i entered crypto space i started with mining rig setups but after some time its no more profitable so i stopped mining, now i start joining airdrops and bounties but present market condition is not helping, now i decide to sell my rig and find other business to divert the money to, if bull run ever comes i will still have coins to sell since most of my bounties i hold the ones with use cases, is selling my mining rig a good call?
Instead of selling your rig, maybe you should think of moving to a location where mining will be profitable. I believe the main downside of crypto mining is the electricity costs. So, perhaps moving to an area with low power costs can help keep you profitable once more You are really right, because it is electricity that takes a significant part of the profit. To remove this problem, you need to think about alternative energy sources and, first of all, you can think about wind power plants or solar panels, which you can not only buy, but also build on your own. In order not to worry about your equipment, you can purchase convectors that will stabilize the flow of electric current. |
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maybe in some other it doesn't work or it is just nothing but for us who understand how technical analysis works and helps every trader to have a successful trade thats the main thing and reason why they keep on making profits and becoming a pro trader. Every successful trader i think knows and applies technical analysis.
obviously the pro traders use technical analysis as a tool and to determine their targets, and also as a guide for when to buy and sell the right one. because pro traders don't want to trade like gambling just guessing. It seems to me that the question of the need for technical analysis for a trader can be speculated as much as you like, but I think that every professional trader will agree precisely with the fact that a good cryptocurrency trading result is directly related to technical analysis. Moreover, it is better to conduct a study of the cryptocurrency market itself, and not to use various signals, which can be fraudulent manipulations. Based on this, I have always been categorical that technical analysis is an important point for each trader, but for this you need to have some experience and knowledge in order to get the corresponding results. |
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Even 2 years ago, I considered the Bounty Hunters to be very bad traders in most cases, because they earned cryptocurrency and immediately tried to sell it at a good price. But today the situation has changed significantly and each cryptocurrency user must learn to trade independently and effectively if he wants to make some kind of profit on the cryptocurrency market. Even those moments that are earned with the help of the Bounty companies are better used for trading, and not sell them without a trace.
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Why did they bothered with it though? Since this is in Germany maybe they already know some push to change the EU laws regarding cryptos?
If I live there I'd probably use the service to get money from my bank account into crypto but I wouldn't keep the crypto in there. The point of having crypto is to have it as an alternate asset in case banks fail, keeping it in a bank is counterproductive.
Not everyone in the EU is very happy, for example, Britain is attempting to exit a lot of the EU trade agreements since they are quite restrictive and you get basically controlled by the majority of people in the EU, although I do believe the overall rules from the big guys at the EU supersede all ruins made by local governments. That's fascinating, how they can make rules for you without being even in the Euro zone (from what I remember the UK kept the pound). I'm interested with how Germany would carry on with this, if it'll get struck down by EU or if indeed, there is already plan to change the law and Germany is just preparing for that in advance. I think that it is necessary to take into account the fact that Germany has political and economic weight in the European Union. Countries such as France and Germany are the largest investors in the European Union and therefore no one dares to dictate terms for these countries. |
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I hope my country is included in the list to be one of the countries that also want to test digital assets next year, even though I know my country is a lagging country, but the issue of digital payments has spread in my country, digital payments here do not use blockchain technology so I doubting its safety, maybe with this the government in my country wants to test digital assets in the next year using blockchain technology
I am sure your country will accept and include crypto someday. and I am sure that they are aware on china's news that blockchain system will be use to improve more. Don't lose hope because we know that crypto as a digital asset is a potential in upcoming years, your government will also benefit with the digital way of transactions and everyone in your country will need it to gain more improvement. That's what I hope with the large number of digital payments in my country, the government will also look to test blockchain technology, because we know that many have used blockchain technology out there, 2020 is probably a good year where technology will be seen in almost all countries including about this digital asset Blockchain technology is really interested in many countries and many government agencies, including various international companies, so the blockchain has a great future. But if we talk about the prospects of cryptocurrency, then I recall the report of the Big Seven, where the cryptocurrency was recognized as dangerous for investment, because it is unstable and therefore it will be quite a while before the government legalizes cryptocurrency and digital assets will be recognized around the world. |
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