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I like daily trading and took profit from daily trading. Its need proper knowledge and research for Daily trading. You need prepare yourself for live update, events, news regarding altcoin you wanted to trade because if you are not prepared yourself then you can loose your fund. Their are many exchanges who provided high leverage trading which is very risky. So you need to be active if you are trading in future. I usually took profit time to time. If I made 100 dollars profit then I put 50 dollars in btc for long term and 50 dollars withdraw for my daily expenses.
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If you have good knowledge about trading and you know technical analysis, chart reading then it's good you trade but for those who are new in crypto and don't know technical details or don't have any experience about price fluctuations then it's better to hold. If you are holding good coins then it's also give you good return. Trading is always risky and you need to follow proper risk management because without risk management you can loose all your hard money. Research and gaining knowledge is good before investing in the market.
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It's interesting and exciting to see this but their is big risk too. Making profit in terms of percentage is not much interesting but in terms of money it's really big amount. I made 100 percent roi through trading on binance future but I don't have such a big amount to take such kind of risk. Its just depend on capital and your holding capacity. Leverage trading is very risky and have great possibility. Personally I never go more than 3x leverage and still its makes me worried because market is very unstable and the people in the trade in future better known that how quickly price go up and down to liquidate your fund.
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This is happend with me and I got stuck when I take entry at high level. People think that price is keep increasing so let's enter in it and once your buy bid filled price start Dumping but that kind of thing mostly happend with shit coin. If you are taking entry top ten coin then it's higher chances to recover your loss but when you enter in shit coin then you can loose your hard money. It's better to wait for dip and keep your emotions away from the trade. Many people loss huge money in ampl. It was going to 4 dollars and now its under 1 dollar. So do proper dyor before enter. Don't go with fomo. Its very risky.
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Yes way price is increasing its makes me remember 2017. Eth is already trading above 400 and btc is trading above 11k and some other alts already increased 2x 3x 4x. Like band, link, sxp etc. Their is fomo going on in the name of defi. So when I saw all these price movements I have confidant that next bull run is not far away. So it's good to buy and accumulate some coin in dip.
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This is same situation happend with me. One guy pm me on teligram and offered me that he can't withdraw his 4 btc from an exchange and If I withdraw it then he offered me for 0.85 btc. In first glance I was clearly understood that it is completely fraud but I just wanted to know how he scam that's why I let myself to go within. When I created account on that exchange he deposit 4 btc. Those 4 btc don't have shown on Bitcoin blockchain explorer so I understand that it's just a number. When I make withdraw into my own wallet then they said you need to deposit first 0.01 btc to confirm my wallet. So that's way the scamming. New people should aware that kind of scam. Never pay anything in btc to unknown people. I did not remember those scam website but as soon as I remember i share in this post through edit. So keep safe
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Best time is to buying alt when btc is crashed because when btc crashed then almost all alts are in dip and you can get opportunities to buy alts in great profit. But choosing alts need to be proper research and guidelines because many coins available in the market. I always choose top 50 coins.
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The real defi is bitcoin and you can see how fast bitcoin crossed from 9k to 11k. Defi is new things and lot of investors interesting in it. Now many projects coming in this field and I think for mid term you can take profit from it but for long term I always with btc and top 10 crypto. These defi coin just a bubble like ampl. Ampl have a huge fomo but you can see how it's price come back from 3 dollors to under 1 dollars. So it's very risky.
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Many people lost their hard money with new exchange. I also lost some money with new exchange. But luckily I did not lost big amount. I was lost small amount in fake Bcnex exchange and EOSex exchange. So I would like to warn everyone please do careful and research properly when you are going to deal with new exchange. Because they looks totally real and sometimes in Begining they makes you to withdraw your fund and when you trust on them they seized everything and go away.. I am only trading on binance and poloniex.
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Their is no comparison between trx and eth. I considered trx as a shit coin and I wonder why people buying this. Trx have huge supply. Eth have good developers behind it and that's makes good returns for long term. Justin sun also lost their trust because he just makes pump and dump of TRX. Noone care about trx.
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Reduce opportunity is not important but important question is that which IEO is valid. Because many new projects launch their bounty and many bounty hunters involved with it but end up with they get penny for their work. So before choosing any project its must important to research background of project so you will not waste your time and work.
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Coinmarketcap is the best place where you can found all project and their details. You can find all useful links, supply and many things. Also their are many websites who provide information about upcoming new projects, IEO. Here on Bitcointalk also you can find new projects in announcements section.
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Gaining knowledge is most important when you are doing trade by yourself. Even if you follow some group or signal still you need to do proper research and gaining knowledge before start any trade. You can gain your knowledge about specific coin through twitter, or their officials teligram group. Their are few legit teligram group which provide good information regarding news, event for specific coins which makes you help to take decisions for investment. News based coin give you a good results.
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Most of crypto projects don't have any sense and behind the scenes they want to scam people. They think they still living in 2017 but now everything is changed. People become more aware about crypto scam so now its not easy to scam people. So only scam project stop. Good project still working well.
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Patience is the most important thing in crypto trading also proper risk management is important. You have to have keep waiting for price to come in dip and then open trade. Buying in parts is the best things to average your buy. Like besides buy everything at the one is not good. You can buy 10 percent of your fund in one time and keep buying it in every dip.
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Is this airdrop still going on or already end? Well I already filled the given form but I forgot to put my address.
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Thanks to all for commenting on it. Its really interesting to read all comments and some of you giving good advice on day trading. I think it's already discussed a lot so I am going to close this thread.
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Project is going well and it's already listed on latoken exchange and you can also track price of beer on coinmarketcap https://coinmarketcap.com/currencies/beer-money/I talked to team members in the teligram and they are going to soon update this thread with all new update. So soon we all see new updates regarding beer token. |
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Their is no need to do KYC for buying btc. You can directly buy btc from debit card or from your bank account. Many exchanges are offering this services. Binance also offer to buy btc through you bank account even you don't need to do KYC. Their is some limitations like maximum 1k 2k worth of btc you can buy without KYC but i dont think so it's take any problem to buy it. Also their are so many other way you can buy like from friends who own bitcoin or peer to peer service. So it's not a big deal.
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