Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Trading signal groups are scam so don't get deceived, almost everyone knows how to buy on an exchange because that is how they used to have their first cryptocurrency or atleast it can be learnt using simple Google search. If someone wants to be a regular trader then they need to have skills on analysing the charts and back-up plans if they lose their capital. Some groups of signals still offer useful value and I can refer to the information from there, they have more in-depth technical and experience support packages but I have not participated so cannot talk about quality and efficiency, don't be fooled by a handful of bad guys and judge all other groups as similar, here's my edit. Even we don't need chart analysis skills, we just need to analyze the basic information, master the factors that can change the market, we can become a trader but requires more profitability and professionalism, experience is essential no matter what we are in any industry or job |
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I gamble on a lot of sites and I see a lot of High Rollers gambling a lot of money every day, but you get the odd person who goes bust almost every day. They might win a lot of money and you think that will be the end of it, but no..... within a hour or two they are just back at it and in no time they bust everything. People make fun of these people and some even encourage them to go "All In" .....just because they want to see those people fail. I on the other hand will push them to withdraw or vault some of their winnings... because I know, if you continue.. the "House" always wins.  The main problem with online gambling is that you don't really have a chance to interact with your fellow gamblers. It is more of a thing you do alone and from friends I tend to only hear after while if they win big. As for losses my friends don't tell me too much, so it's hard to know if they are up or down a lot. I remember the good old times when casinos were still open. Whenever I saw a friend win big in roulette or black jack I told him to save some money and not keep gambling with all of it. It's true. Although there are hundreds or thousands of gamblers online it's not that easy to interact with someone in trouble. Many of these gamblers are lonely players who aren't interested in talking to strangers or in sharing their game experience and we have to respect what each person does with their money. Hopefully addicted gamblers can learn from their losses how to control themselves better in the future to avoid similar regretful situations, because it's not possible to rely in strangers often to save them from committing mistakes. You're probably right, when feelings of addiction begin to invade a person's mind and emotions, their selves are the only key to overcoming these negative problems, hope help from a stranger is very difficult. Because when I join gambling, I just feel like I become an autistic person, perhaps everyone here has also experienced a part of this feeling, facing four walls and a computer with a gambling game, time continues to pass and we ignore all other people's words and background noise, repeating the same action and only awakening when things go too far from expectation |
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Education is possible online. In fact this pandemic has taught us that everything is possible remotely. But education is also a great business for many universities and countries. If they start giving online education then it will be a big loss of revenue, something universities wont sacrifice.
Do not think too much about profitability, we should check the effectiveness of online education, it is not really helpful and not compulsory, students seem to be too free with online platforms and they are more attracted to online games, discussion groups and talking with friends, learning doesn't really bring them much excitement. Education should not stop at the online level, students need to go to school and ask questions to their teachers, online cannot bring insight, it is just a way to store lessons and help students review when needed |
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I think bitcoin will be useless if that really happen.
Because everyone will got panic and doesn't care about money anymore.
If im in that position, i can't even think about money.
What can i think did i still alive tomorrow?
In a world war, life is a prerequisite that needs to be ensured, accompanied by the most necessities for life such as food and water, online investments will inevitably be frozen when almost the government will limit internet access so as not to leak secret information. But when things start to recover, Bitcoin will not be useless as the original and its value can skyrocket, so if we earn some bitcoin during a time of war, a very bright smile will appear on our lips in the future, however, this is just a fun example, the chance of world war is very low, the peaceful life is too long, it makes everyone's will not want war. |
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Check out this coin guys, I think it is really good and seriously undervalued. I see it going to 1$.
I do not expect ONE to go to $ 1, but hope to go up to $ 0.1, I will not look for more profit in the current market, I know the quality of this project, and it has been proven that ROI to date has increased 2000% more, of course I am already profitable selling it now, because ONE is one of my best investments, but for $ 1? I think it will be difficult to achieve! Although your analysis is quite sad about ONE but I agree with this fact, they have useful values and a large community but their supply seems to be becoming an issue making it difficult for them to increase sharply, too many investors hold a huge amount of this token, closest hope may only be a tenth of a dollar at this stage. But life is not to give up and should be full of hope, ripple has had some similar stages and can still climb to $1 is normal, ONE probably still has a small percentage of this opportunity, we should trust more and perhaps get luck. |
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In my opinion, internet connectivity is an important thing that we must pay attention before playing online gambling. I lost several times because
my internet connection was weak, especially when using a mobile device. I have experienced an incident when playing Dice there was a lag and
made the bet button pressed several times and in the end it made me lose money. After this incident I always make sure my internet connection is
good if I want to play gambling online. If the internet connection is bad I will delay playing gambling, until the internet connection is really good
and stable. It's better to play online gambling at least using a fiber optic internet network, which has proven to be more stable.
Well, good internet connection really is important when we engage in gambling, with just a few minutes of hiatus, our assets will evaporate without understanding why, this has been complained about on gambling sites but unfortunately, this is not their fault and this complaint has not been received and resolved. However, I also quite like the lags of the internet because at least it becomes a stop when we gamble, a gambler knows their connection is not good, they will learn to limit themselves, even get depressed and stop gambling after a period of time playing in such a state. |
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Bitcoin cannot replace Banks...
if I'm not mistaken, topics like this have already been discussed but I forgot where. Banks will continue to exist as well as Bitcoin. Bitcoin was not created to destroy banks because many of us still depend on banks to withdraw and save money from Bitcoin. Bitcoin and the Bank will continue to be together.
The good thing is that bitcoin does not really need to replace banks it only needs to keep surviving, banks do not like bitcoin because they see it as a competitor and for years they have used the media to declare bitcoin dead hundreds of times and yet bitcoin is still here with a price of 55k, banks have realized that they cannot get rid of bitcoin no matter what they do, but I do not think bitcoin will get rid of banks either so for a long time we will have both of them competing to get people to adopt their system. In terms of annual interest rates, bitcoin is a pretty heavy competitor for banks, Bitcoin seems to have all the advantages and beliefs of its users about annual returns, an unlimited and huge profit while the bank is fixed because of some rules and problems. However, also because of these special rules and general requirements of life, banks become more reliable platforms for storage, they are businesses built on the traditional method based on this factor, bitcoin cannot be compared, Bitcoin's core does not serve this purpose |
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I see some crazy numbers being thrown around, one is an Ethereum coin going to 100k in 2030. How can you tell if a price prediction is too high in relation to market cap? Some people say some coins cannot hit a certain market cap. How can you tell if a market cap value is too much for a certain coin? I understand that there are coins where there are great number of circulating supply, but why can't they reach trillions in market cap?
if gas fees from Ethereum are still expensive, so I believe it will be difficult for the price of Ethereum to increase very high ($100k), because many project will use other smart contract platform such as BSC, so there will be more competitor to Ethereum and of course that will make it difficult for the price of Ethereum to increase very high in the future (2030), but if ETH 2.0 will make gas fees from Ethereum cheaper, then I believe the price of Ethereum will reach $100k by 2030. Ironically, you are trying to predict the value of a crypto for the next nearly ten years and seriously, you have absolutely no chance to predict that when the statistics aren't enough to present such a problem. Plus, the change in gas cost just helps ethereum keep its network in this market, limit the intrigue of newly created networks, to help stabilize everyone's mentality is the reason for the new version to emerge, the upgrade in value is the need for a license from bitcoin |
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Despite the criticism of Tesla for buying $ 1.5 Billion of Bitcoin, I think the main reason for the decline in Tesla's stock price is not because Tesla
bought Bitcoin. Especially after Tesla bought Bitcoin in February, Bitcoin price continues to rise until now. Tesla investors should have known that
Tesla's steps were not wrong. In my opinion, Tesla's stock price has decreased because from the start it was overvalued, we can see that in
the past year, the increase in Tesla's stock price has increased significantly. So I don't agree that what Tesla did by buying Bitcoin had a negative
effect on their stock price.
Agree, Bitcoin is not negative reasons that affect Tesla's stock value because the budget for investing in bitcoin is not small and a large company will inevitably require voting on such decisions, making the investment proves that shareholders accept and support, Covid had a significant influence on Tesla, and the decision to make money online was not wrong. Even now, this plan is still worthy as it may have reduced some of the pressure on stock prices to drop, plague, the change in president and economic war are probably the leading causes of stock devaluation |
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In January, a drop in the price of Bitcoin to $ 30,000 would be quite normal. From the point of view of its current price of more than $ 55,000, this is no longer normal, but not fatal either. Most likely, Bitcoin will still fall to the price of $ 30,000 and, possibly, more than once. This is the nature of cryptocurrency, it has very high price volatility.
Knowing crypto and bitcoin, everything is normal. Let's use the past as a basis to convince ourselves, bitcoin hit almost $20k as its ATH in 2017, in 2018 it dump to $3000+, we panic and thought end of bitcoin already, but it didn't last long, it dump but slowly recovers and it resulted it was just an opportunity given for us. Rise and fall are the normal nature of the market but each year is a new result and rewritten by different scenarios, will you really consider the opportunity to buy back when bitcoin drops to 30k$ or not? The crypto market has such high volatility and unlimited devaluation moments, you cannot use past data to convince us that this is a normal story, the price of bitcoin was not the price of 2017, sometimes this can be a new scenario, instead of maintaining the old thinking, investors need to see the new nature of the market, the data will allow us to explain these unusual issues. |
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Quitting on job because you have seen more better opportunity is a good one but dont really make yourself too confident.
This is a risky decision but at the end of the day we will realize that working all our life is not having the freedom we wish for. Trading is where we manage our own time, we invest our own money and if we do good we all benefit everything, unlike working where we only get a fix salary or a certain portion of the company's profit. I'm not saying it's not good to have a job but if we love to experience financial freedom, we need to quit and start investing. But as soon as you pursue this passion and experience, you will realize that in order to have financial freedom, our selves will need more effort, some even regretted deciding to quit their job in exchange for this freedom because this golden land always fairly stringent requirements and continuously remove the participant, I would say success is very little while failure is relatively much. Think more about this decision, when we turn around, the old job will fill up, the promotion time will be over, one minute of freedom will be exchanged for a future chance |
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For the future I think for the miners will still be present in the crypto world even though they already have a very good coin but I am sure for the future there must be a new coin present, and they will definitely continue to mine in the coin, if everything they want has been achieved then that's when they will plan to retire.
Miners will never retire if they still get good results from their work and will continue to work with the mining equipment they have made, so the matter of the goals they have achieved is only as a target, while the work will continue. Well, not a single miner feels their money is too much and they need to retire, they just feel that everything is never enough, from the equipment to the amount of mining per day, too little for them and every time they have more capital and profits, they will be willing to expand more new farms. People don't need to think about scarcity and mining that doesn't make profits, profitability is just a matter of time while crypto is still growing, and too many targets can be mined, unless crypto disappears, otherwise, miners will still do their job every day, too leisurely and passive work, retirement is a distant thing |
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This won't be possible in the foreseeable future
I agree, it is unlikely that ETH's market cap overtakes Bitcoin in the near future. Bitcoin is still the king of the crypto market and all eyes are on Bitcoin, although ETH is the only altcoin behind Bitcoin, but ETH is also facing many serious problems. Transaction fees, version 2.0 are the things that ETH needs to address before attempting to surpass BTC. Fees are a very urgent issue and need to be resolved but even if it is resolved, it is not enough to put pressure on bitcoin because bitcoin has held most of the market cap, the advancement of ethereum is a good thing for the market but sooner or later, part of the capitalization of this growth will move to bitcoin, ethereum is just a temporary stopover for the bigger things. We may not have the spirit to welcome a new king, a peaceful era is essential to growth, for bitcoin to lose its position, we are the ones to suffer more. |
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They might not stop it but can bring out policy that will affect it negatively. By declaring it illegal and banning crypto related website and app will have bad effect on the price. However I don't think that will even happen. Bitcoin is not a global threat. They will rather focus on Covid19, terrorism etc
More precisely, governments of countries can limit, prevent, or even erase the existence of bitcoin in various ways, but relations between countries are often strained and sometimes there are conflicting opinions, which makes their cooperation in the prevention of bitcoin impossible, we should feel lucky that bitcoin is centrally located and does not belong to any country. Plus, bitcoin is clearly not the biggest concern for the government, the more important issue is economic control, national development, and the prevention of illegal acts that are soaring. |
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is there someone holding bitcoin from early 2010 when the price is around 0.01 and still not selling today? just wondering?
There are likely many people like that but they are probably not going to answer, the first reason is that they are very rich and they are not going to spend a lot of time in the forums to answer those kind of questions, and the second and probably the most important reason is that if they were to tell you that they had been holding bitcoin since that long then they are putting themselves a target on their backs, there are many scammers in the forum and they are always looking for an opportunity to try to get money and you do not want to attract the attention of those people. Indeed, with this holding strategy, they are already new billionaires in this era and their job is to enjoy the world or design a business to achieve more, they may even be here and spend more time reading the information, instead of providing evidence or answers to this issue, money concepts and investment decisions always need to be kept secret when the flow of thoughts from different individuals can influence. But one thing I can confirm is that the number of people like that will not be as much as you say when 2017 was pretty good for crypto, most of us were taking profits and not coming back |
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Exactly, I also had the same thinking like everyone that we should trade on demo but when I saw that there is a big difference between the results in demo and real, I changed my mind. Still, demo gives a glimpse of how trading works and it should be traded on, before going live. I won't say you should do it for a longer period, but at least 2-3 months before going live. And like you told us, $10 is enough to try out a trader's capability if they are able to handle the pressure and keep patience while practising good risk management or not.
The Demo version really creates a lot of untrue perspectives on the real market, exactly as you say, when we enter the real market, the results we get will be very different, sometimes we are a king who won a lot of previous matches but then become a loser in our own battlefield, although it actually gives us the feeling of being familiar with trading but I still discourage it. Too wasteful of time and unproductive, spending a little money to experience true feelings will be better, don't be afraid to lose or fail when trading, no trader is perfect |
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There are many factors that influence the price of a currency. Including the quality of the project, the success of the advertising program and how they approach investors.
If investors believe, the currency will have a high price and vice versa, the currency will die if investors do not believe in it.
Project quality and marketing programs are really important, as long as the project creates enough noise in the market and gets the attention of major exchanges, combined with the big bosses, the project will certainly be priced relatively high in the market, it is not known how much it will increase but higher than expected price is normal. However, the basic theory in this analysis also cannot compare with the needs of whales, they can confuse investors like us and misidentify prices, so I rarely dare to venture into new projects even when they make huge profits. |
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For me is verry simple, when "My Real Life" force me to sell, i'm gonna sell it with no regret even though the price will rise after i sell it. I invested just for to get more money, with that profit i can enjoyed my life (Travel around the world and buy expensive stuff). Whats the point if we hodl the coin but we can't enjoyed it  And the most important we should set our "target" so we don't lose our opportunity to sell and one more thing is don't be greedy! Agree, we are investors, not antique collectors, lifetime holdings can bring historical value, even luckier, our assets will be enough to change the generations behind but the future is a dark and inexplicable wall, instead of trying to bet as a gambling game, we should hold profits in the short term and accumulate over time. It has many advantages, short-term profits will be enough to meet the economic needs and the benefits of living, long-term profits will build a future, lifelong thinking is too greedy and uncertain |
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NFT is like Digital Art, it is rare and the price can increase very high in just a few months, this price increase is due to the unique NFT and steps, the more rare the item is, the faster the price will increase.
Usually the increased price is very high for a picture of a world figure. I hope that NFT will last a long time, because after all there are risks if one day NFT becomes worthless because there are too many NFT that appear.
I feel that NFT will hardly become a sustainable trend in the future or even if it can exist with crypto, the returns in the trend will start to diminish when this is just a form of refreshing crypto, refreshing this market, we can look at Defi, IEO and some other form, they are created in times when the market is lacking stimulus, the explosion of the NFT has only increased our chances of making money. Profits will be relatively good for the starters to create more community of players, gradually it will become more rigorous and no longer profitable |
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Yes it is a benefit that nobody controls the prices, if it were the opposite, the one who controls will be able to sway the market whenever it suits their purposes. If nobody controls the prices, competition is feasible and people are going to be a willing participant in the market because they know that no one is in control of the prices, although having the market not having no one controlling it has its own problem and that is that one big enough group or individual could manipulate the market to a certain extent but that can be detected and can be condemned unlike when someone controls the market where they can just say that it is what it is.
I do believe also that it is much beneficial that no one have control over the price, no one gonna assign a certain amount of value of bitcoin especially but the drawback of this was the unpredictable and the volatility of cryptocurrency which is highly dependable on the demand and supply of the cryptocurrency itself. But the most beneficial i think that nobody controls the price was the freedom of the traders and investors to apply the tactics and strategies they have without following the certain rules. Indeed, when no one controls the price, these investors will have more opportunities to earn a huge mountain of gold because the measure of value has disappeared from the market, there is no rule of value in this market, it can go to whatever level it wants as long as the whole market comes together and pushes the price up. A large set of giants will also not be able to control the value here, they are just focusing on people's psychology, where is people's needs, they will increase to that level and sometimes people's needs are too high, they will break it with a light wave |
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