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I am of the opinion that traders are not born but rather made. Getting to know how to trade, requires equipping yourself with the basic knowledge of trading, along side gaining d required experiences. In this context, i would like to say that not all traders are successful traders.
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As far as bitcoin is concerned, most individuals will always have the FOMO and FUD syndrome. Before now when bitcoin was in its high price, some said to themselves that they would buy when it gets down, now that the price went down, they still are skeptical about buying.
I believe bitcoin has had its support at the 3k range - which i will see as my entry point. So, my approach will now be to use that support range as a yardstick towards exiting any placed trade in the next bull run.
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I been a trader in crypto since 2016 and i feel more comfortable in cryto trading im not saying that i am a pro trader already but im just know some basic in trading. I never been try to trade in forex and stock exchange and i was looking at this two trading platfrom to all pro traders here which is good and more profitable in this 3 platform
1. Forex trading
2. Crypto trading
3. Stock exchange trading
Thank you and i want to know if where is the good and most profitable and stable at this 3 platform a stable income.
The above listed trades have their own different mode of operations and as such is said to be profitable. Understanding any of these trades is key and having the basic knowledge required is of the essence. The above mentioned trades won't have been in existence if people were not making something out of it. As to which is more profitable, actually relies on your level of understanding and knowledge acquired on any of these trades. |
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The reason why most traders incur tons of losses, is simply because of greed. Some traders do get their market analysis right; they have the opportunity of getting the best entry into trades, but the problem always lies on their exit. It is indeed a good thing to have high expectations and make lots of profits on investment(s), but it is also good to be conservative, which is why it is ideal to exit a trade when a reasonable profit had been made on that particular trade.
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Overtime, individuals have had diverse opinions of cryptocurrency. On a personal note, i see the innovation and operation of cryptocurrency far different from ponzi scheme because a ponzi scheme's mode of operation is simply collecting from Mr. A and giving to Mr. B. Crypto on the other hand is a type of currency targeted towards making transactions.
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There is no doubt to the fact that the price of bitcoin went down drastically from the height which it attained in the past. The market for some time now, seem to have had its support at the 3k range, which is now climbing upwards. Having the market moving upwards, is a good sign that better days are ahead for the digital coin.
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Market analysis is key when it comes to trading. Most people certainly thinks the only time to make profit is when the market is up. For me, in trading, every time is supposed to be seen as an opportunity, be it in it's bullish or bearish state.
The trend being your friend in trading has been a term used overtime, which has aided traders towards making successive trades.
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A software is a program used on a computer to execute tasks. In the same vain, a bank is an institute that carries out financial activities. Cryptocurrency being a new initiative, certainly proposes a new kind of system that is different from the norm. However, i am still not of the opinion that it will eradicate the banking system, because as far as fiat currency exist, the banks will always be there.
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Bitcointalk Username: Webberson Profile link: https://bitcointalk.org/index.php?action=profile;u=942351Rank: Full Member Current post count: 676 Bitcoin wallet address: 19cPjTQsou2A8SNHtmPW8CUQjcKZuSodqX Depotwallet address: NBUGJM-2Z4JXO-YMJGVX-74UDCQ-K2Y5PX-EXYWZY-E2DX Telegram username: @Webberson Wear appropriate signature: Done |
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There is no doubt that everybody want things to always work-out in their favor and when it doesn't, they opt-out easily. Most people are disregarding the fact that blockchain is still a new technology that would take time to adopt and implement. It is only when we see it as such that we would be able to hold on to it. We cannot expect a newborn baby to start working or running right from birth.
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Discord Username: D-cap
Discord #: #7938
ETH Address: 0x0Cf1cacCcf67E8127919887a13CF7329EF24Fc2E
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It is no news that ETH has been in a downward trend all this while. It did have a support at $200, which lingered for a long time and broke afterwards. It has always been said that the best time to buy a coin is when the price is down. Now that ETH price is down, makes it the right time to buy.
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It can be easily said that an investor should not panic, that better days are coming. But the truth of the matter is that, once there is money involve in an investment, investors are at one point or the other bound to have panics, most especially when the market is not in their favor. I also believe that brighter days are ahead of us in the crypto market.
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Before the introduction of this new technology, bitcoin and other cryptocurrencies have been known to operate under the use of an internet. Having this new innovation, would really help those under developed countries whom either have electricity or internet challenges. So, this new technology does serve as an alternative means.
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Speculations have been made in the past regarding cryptocurrency in general, some of which has either turned out to be true, while others false. Even in recent times, speculations are still being made. One thing for sure, is that there are no certainties to all these speculations.
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Bitcoin has actually evolved overtime from inception, despite the various challenges faced with the cryptocurrency, both in recent times and in times past. For the fact that it is still in existence, regardless all odds, shows that it has the potential of gaining acceptance in the future.
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The recent crash in the market, is actually not something that brings joy to the minds of individuals - most especially those that are currently running at a loss on their investment. It can therefore be said that, there were excitements in the past when bitcoin had its market up, which i believe in optimism would still come back in times to come.
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At present, the world is still maintaining the fiat currency being used as mode of payments and making transactions. Bitcoin on the other hand, proposes an alternative kind of currency that operates on a different technology.
This, makes it the currency of the future.
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Bitcointalk Username: Webberson
Bitcoin wallet address: 32SrzhzZRtDt2jt4qC9W3qrr9WNmzPNtnD
Current post count: 665
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