If the reason you're participating in this forum is to establish credibility so you may profit from the signature campaign, you're doing it all wrong. This forum's primary purpose is to educate you on bitcoin and other cryptocurrencies and to show you how to invest your money there. There is much more to learn in this forum than simply moving up the ranks and making money.
|
|
|
This is not something I would recommend for beginners. Since new users cannot use signature spaces, your advice won't be very helpful to them. In contrast to this time, when I haven't joined any campaigns for a while, I haven't received any PMs asking if I'm interested in turnkey online casino development services, which I ignore because the sender is a newbie. Instead, I have received PMs from the same forum user asking if I'm interested in casinos.
|
|
|
Newcomers will go up the ranks if they can read more than just spam and start reading what good posters on this topic are posting. They should be aware that participating passionately in the forum discussions is more important than ranking higher. The passion begins with understanding the communication of those who contribute well to this site; understanding what they say causes you to identify with them.
|
|
|
The membership of this forum is one of its biggest assets; it is made up of people with a wide range of knowledge and experience who constantly contribute their own answers and comments on threads as a contribution to the conversation from various points of view. But above all else, the forum is designed in a way that misinformation that contradicts the initial debate topic is identified as such (off topics posts and there are deleted by the moderators). But aside from that, reading more and contrasting other thoughts and suggestions before you draw your own conclusions is the best approach to prevent being misled by information. So it's best to conduct your own research!
|
|
|
In the world of knowledge, there is no distinction between the sources of counsel. Certain newcomers genuinely possess greater technical, financial, or other understanding than some members with higher positions. Remember that the forum cautions against relying solely on the information you find there and urges you to conduct independent research. But when it comes to business, I believe you need to do that with forum regulars that have a good reputation. The simplest method to do that is to look at their track record for dealing with similar businesses and their trustworthiness.
|
|
|
The transfer of tokens from one wallet to another is a big risk, especially if you're doing it frequently, so we've got to be very careful about that as well. In my opinion, the most important thing is keeping your safe keys, well secured to the extent that you alone have access to them. As you are aware, switching wallets can easily cause confusion for you, thus it is not a good habit.
|
|
|
We can't just keep buying everything that comes our way, OP. There are differences between a particular altcoin project and a lot of other altcoins, so you ought to advise people to keep buying strong altcoins that trade in large volumes on exchanges instead. Many of them won't make it through the current bear market. You claimed to have been here since 2017. I assumed you already knew this.
|
|
|
I recognize that you have a wealth of trading experience. But bear in mind that sometimes someone has additional skills, such as the ability to search for daily profits using all of their extensive analysis, just like you. Therefore, it is unlikely that people who desire to day trade or seek daily profit will lose their money. In reality, a long-term investment would be preferable, but occasionally a trader will be unconventional and almost a percentage of them would seek daily profits when a bearish condition is affecting the market.
|
|
|
I'm unsure of how to incorporate trading with a business attitude. Perhaps it was because both endeavor to make a profit, but what distinguishes them from one another is the fact that while in business we must seize every chance and act more aggressively like a greedy person, in trading we should not do so because doing so will lead to failure.
Probably adopt a trader's mentality if you enjoy trading. However, if you run a business, decide that you are running a business as well.
|
|
|
The problem with trading in cryptocurrencies and stocks in general is that most people begin trading during a bull market. You are all aware of how open to trading bull markets are.
If the timing is off, well, you know how it ends. People get hooked, quit their jobs, take out more loans, and so on. Consider how many people expected to make $100,000, but the majority only made $60,000. The same is true for the meme stocks AMC and GME.
|
|
|
When you don't follow through with your plan, the market has a way of punishing you. If you stray from a winning strategy, you run the risk of losing, especially if the original strategy was winning. Most of the time, you don't recognize this as the cause of your failure or fail to recognize your deviation. I've encountered this enough times to see that it's a serious problem and that greed is to blame. A less avaricious trader might be happy with a strategy, and if we try to have different plans, we lose a lot of money.
|
|
|
I didn't deposit any more money on some exchanges, so I left some coins there so I could continue to trade. Additionally, it makes it simple for me to trade right away anytime I want, without having to wait for deposit periods, which might occasionally take longer. And if I can make a sizable profit, I'll take the money right away and transfer it to another wallet or withdraw it from my bank. However, in order to avoid regretting it if something were to happen to the exchange, you should be able to accept the implications of keeping your money there.
|
|
|
I'm unsure of how to incorporate trading with a business attitude. Perhaps it was because both endeavor to make a profit, but what distinguishes them from one another is the fact that while in business we must seize every chance and act more aggressively like a greedy person, in trading we should not do so because doing so will lead to failure. Probably adopt a trader's mentality if you enjoy trading. However, if you run a business, decide that you are running a business as well.
|
|
|
The act of buying and selling a financial instrument on the same day, or perhaps several times throughout the day, is known as day trading. Profiting from slight price changes can be a profitable strategy. The first thing to keep in mind is that, while day trading might be a perfectly legitimate employment, it is not always simpler or less demanding than a typical day job. The advantages more closely resemble being your own employer and having complete control over your schedule.
|
|
|
Many exchanges permit this since they are aware that the general public has no knowledge how to truly trade, which is why they do so. They offer these copy trader services as a result since they profit from the commission.
The problem is that both those who ran the signals and those who duplicated them eventually blow their accounts. It will essentially work up until the point where it stops. With such services, you cannot make any money over the long term.
|
|
|
We frequently go through these things since we are heavily impacted by cryptocurrency investors nearby, but it's also crucial that we learn from our errors. Before making an investment, we should always educate ourselves and conduct thorough research to avoid falling victim to hype or even believing in FUD and FOMOS. Understanding both the state of the market and the status of currencies will always be advantageous. Be as wary as you can while choosing coins because most of them merely achieve a favorable pricing during the buzz.
|
|
|
Robotic trading is something I dislike. Despite the fact that some cryptocurrency traders use it. There are only trials, but there are also desires to succeed commercially. Some of my pals who have tried trading with bots appear to no longer do so. possibly because the outcomes are unsatisfactory. nevertheless, I'm not familiar with the trading bot the OP is referring to.
|
|
|
Cryptocurrency mining is the most efficient way to make money. The amount of capital investment required depends on how much money you need. In addition to this time, there are many additional ways to make money. You must determine which one best fits you, your financial situation, your level of education, and other factors. While it is possible to make money through trading, this cannot be relied upon as a reliable source of income. Because everyone will eventually suffer a loss based on the market and a bad prediction.
|
|
|
If you finally find someone whose trade you are emulating or whose calls you are following, be careful not to start spending excessive amounts of money on it. While they may not actually be generating a profit, many people call out trades to collect money from copied businesses. If you have a passion for trading, it is best to master the trading knowledge and skills while copying.
|
|
|
I believe not every trader has the same experience as you. I came across some friends who were profitable day traders. there might be a problem with the method or analysis you're using. You don't spend a lot of time in the market. You should have adequate experience after that. I advise you to temporarily exit the market if you have overspent your resources. attempting to identify the source of your trade's problems.
|
|
|
|