A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk...
I see that not everyone, including the OP, noticed that they were commenting on the old news, which now has nothing to do with the cost of Doge. Of course, it will not be difficult to comment on the news that happened in July, given the volatility of this coin, but it is unclear what the point was to create a new topic for this. |
|
|
|
1. what makes you think he has big funds? Because he opened position with 5000 USDT?
2. can you please explain 'a low leverage to play it safe using cross margin is still profitable unlike when you only have a very small funds'?
1. You still haven't figured out what is shown in the screenshot. The trader has opened a position not for 5 thousand dollars, but for 50530.9091, which, taking into account the leverage, is about half a million dollars. And when a trader opens an order for $ 50k, it confirms the fact that he operates with a lot of money. Oh now I see. 97524.9 DOT x 5.181 USD = 505276.50 USD. Yeah, that is a lot of money! The trader seems to be so sure that the price will go up. That is why he is risking his own ~50k of cash. However, look at estimated liquidation price. It is 2.462 USD. I mean DOT was never at that price. The lowest price for DOT was ~3.58 USD on October 19, 2023. And given that these days markets are green, is there really a chance that DOT will make it all the way down to 2.462 USD? Kind of very safe bet? No?.. Considering that the liquidation level is located at $ 2.462, it can be said for sure that the trader does not risk his entire deposit, as beginners usually do, but uses only a few percent. But this price level is not safe, it simply indicates that the liquidation of his order by the exchange is unlikely, but the trader will still incur an unfixed loss. |
|
|
|
|
Prediction 2: $29,236
bech32 address: 1AjpLNd7Kfh5EDVQ9LN9hcSbvhemcgFr4K
|
|
|
|
Hi, Im old trader ...
You may be an old trader, but this is not synonymous with success. And the fact that you still haven't earned the initial capital only confirms my assumption. And now a perfectly reasonable question arises: who will entrust such a loser with their money? |
|
|
|
...Off course i have long experince on trading...
In order to be perceived as an experienced trader, you need to prove it with documentation. Otherwise, your words will be perceived as the words of a crook who came for someone else's money. By the way, the overbought level on which your strategy is based can be seen by anyone who is at least a little familiar with trading. |
|
|
|
1. what makes you think he has big funds? Because he opened position with 5000 USDT?
2. can you please explain 'a low leverage to play it safe using cross margin is still profitable unlike when you only have a very small funds'?
1. You still haven't figured out what is shown in the screenshot. The trader has opened a position not for 5 thousand dollars, but for 50530.9091, which, taking into account the leverage, is about half a million dollars. And when a trader opens an order for $ 50k, it confirms the fact that he operates with a lot of money. 2. Yes, provided that you know how to trade. |
|
|
|
...Those might be their liabilities but what are their assets? ..
You will find the answer to your question here: https://medium.com/@DeMan01/a-hard-place-to-close-an-article-on-the-ftx-hard-to-sell-mystery-e986dd41bb2...It is a fake pump games to dump FTT token on greed speculators.
Any positive news is used to pump coins by those who bought coins at the lowest price and this is no exception for FTT coins. And it is obvious that a large number of coins were bought at a price equal to $ 1, which will definitely be distributed among those who are eager to get a profit at a high price, after which a dump will follow. |
|
|
|
I still wonder why this token price is not zero yet after what happens with its founder and exchange. ..
Because this will not be allowed by investors who, under no circumstances, do not want to stay with a token whose price is zero. And one of these investors is Binance, which actually explains the reason that the FTT token is not delisting from the exchange after the collapse of FTX. |
|
|
|
Correct me if my math is wrong but if I recall from a year ago, FTX was $7B or so short and hence the bankruptcy. ..
As of September 11, 2023, FTX claims totaled $81 billion, of which customer claims totaling $16 billion and non-customer claims totaling $65 billion. So the increased cost of SOL and FTT will not be able to cover all the losses of the exchange. FTX assets and liabilities are shown in the chart below - - https://medium.com/@DeMan01/a-hard-place-to-close-an-article-on-the-ftx-hard-to-sell-mystery-e986dd41bb2.  |
|
|
|
Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.
Definitely do not need to buy coins, the value of which has already increased significantly. You need to remember that where newcomers like you are thinking about buying, experienced investors are thinking about selling an asset. And if you missed the moment when it was necessary to buy, then you need to wait for the market correction and then make purchases at a reduced price. |
|
|
|
...I think this news is created to help SBF manipulate the market and get few more millions from shitcoin investors before it all goes to 0.
I don't think that SBF in its current position can manipulate the crypto market. After the jury found Sam Bankman-Fried guilty, the only thing he should care about is what sentence will be handed down by the judge in March 2024. But even now it is obvious that he will be on state support until the end of his life. |
|
|
|
... I doesn't like very good reward to the refer which feel me to think about it before investing.
If you see something suspicious on this site, then you should refrain from investing. And in this case, you do not need to ask for advice from others, since this is your money and, accordingly, only you will bear losses, and not those who will advise you something. |
|
|
|
...Bitcoin Halving is approaching, I would suggest all of you focus on buying more, avoiding selling, as these prices will never come in the future.
How can you be so sure that there will no longer be such a price for Bitcoin? Or do you have a crystal ball? This is a cryptocurrency market and, accordingly, anything can happen here. Therefore, it should not be surprising that after a certain time, a dump of Bitcoin and the entire market may follow. |
|
|
|
...It's very much correct that FTT has absolutely no value at the moment but still some people continue to speculate on it for some reason. ..
The cryptocurrency market is so arranged that most coins have no value, but this does not prevent them from pumping from time to time. So you can consider FTT meme coin that has no value, but nevertheless you cannot deny the fact that this coin brought its investors 200% in a couple of days. |
|
|
|
|
Well, another newbie got lost) OP received a lot of greetings, but he is in no hurry to read them, since after creating his topic he no longer visited this forum and, accordingly, no longer left messages. Will he ever return to this forum again and what motivates such people who ask questions, but do not want to read the answers to them?
|
|
|
|
But do you think this manipulation by Elon musk is intentional? Or was he hired for that? Because that is a business strategy...
How much money should someone have who wants to hire the richest man in the world to promote Doge? Everything that Elon Musk does, he does for his own pleasure, which is pleasant to manipulate public opinion, and then watch what is happening. |
|
|
|
the current marketcap is $400 million. Do you think that the token of a dead, insolvent exchange that cheated its users by secretly investing their funds in high-risk instruments should be valued at almost $0.5 billion? Of course death. It's strange that something like "slow death" is being considered at all. It should be an instantaneous drop to zero...
This is all correct, but another option should be considered, that FTX will be able to restart. And if the new team really succeeds, then you can be sure that the value of the exchange coin can greatly increase. So maybe now we have a good opportunity to buy some FTT. 2 weeks have passed, my assumption has been confirmed: "The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX — as long as its new leadership stays within the bounds of the law - https://cointelegraph.com/news/sec-gary-gensler-hints-open-ftx-crypto-reboot And the market immediately reacted to Gary Gensler's words, the value of FTT has increased by 100% over the past day. |
|
|
|
...Free is something that you get for doing nothing. I'm sitting on my couch watching TV and I receive an SMS that I got some reward from a giveaway or something from somewhere I might have shopped or done something that wasn't specifically for that purpose, now that can be called getting something for free.
But if you do receive such an SMS that indicates that you have received some kind of reward, then you should not rejoice prematurely, since this is most likely a scam. This is exactly how you should treat everything free, not forgetting that "the only free cheese is in the mousetrap". |
|
|
|
In 2011 I’ve bought 100+ BTC on some cryptocurrency stock exchange and now I can not remember what was the site exactly. ...
Why only now, after 12 years, did you decide to find your 100 BTC? Have you been in prison all these years and you didn't have the opportunity to do this, or did you run out of money and decided to find your Bitcoins, which are currently worth $ 3.5 million? In 2011, there were 2 exchanges: Bitcoin Market and Mt.Gox, but they are currently not working. |
|
|
|
...However, my question here is ' what is the best strategy to trade without losing my initial capital ?...
There is no trading strategy that is guaranteed to bring you profit. But by adhering to the rules of risk management, you can reduce the chance of losing your money, which can directly affect your profit. But if you are not good enough at trading, then the best solution is not to trade, but to focus on hodl. |
|
|
|
|
Show Posts
