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In general, yes, if this is a bull market, it is difficult to make mistakes on it, and if it is an experienced crypto trader.
Also, you should understand that you will have to enter 90% of the signals, otherwise you will just play at random. Indeed, out of 100% of the signals, only 55 can be positive, and in order for it to work, you need to use everything.
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Personally, I learned from my own mistakes, and there were a lot of them. I lost a significant amount of money until I started learning trading through videos and articles.
This helped me a lot in understanding how and when and most importantly where to open entry points and where to close them. Also study technical analysis, it is useful.
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Sign up for trading view. But first, watch as many videos as possible with breakdowns of technical analysis and indicators.
Now there are a lot of similar training videos on YouTube, after which everything will become more or less clear to you.
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I would not advise you to resort to any kind of financial advice. The market is very hot, any move you make can lead to the loss of a lot of money.
However, this does not mean that you should not invest. Study the market yourself, study opinions, study projects, and you yourself will understand where you can invest money with minimal risk.
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How do you imagine it? It seems to me that the likelihood of such an outcome is now extremely small. After all, he will already provide, and this is one of the reasons why Elon Musk launched Starlink. But even if the entire network falls one day, then we will be in a very interesting position, because technologies will appear that can locally restore the network, and then the prices for the crypt can be much higher than now.
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Bitcoin is just part of a new modern way of trading where less effort can give you some good profit. Although if Govt banned over it. No matter because there are so many other options we can choose for trading.
Live without bitcoin is possible.
I think I mean, is there life if there is no bitcoin. But this is a big question, because if bitcoin does not become, and this cannot happen quickly, most cryptocurrencies will also disappear. What are we going to do then? After all, most of the market is Bitcoin, it's money. |
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So to speak. Margin trading is unforgiving.
If, with a deposit of $ 100 in regular trading, you can sometimes afford to make mistakes, then with a margin, the price of your mistakes will be in direct proportion to the leverage that you will take.
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I can't say that this is definitely true. There are strategies that do not change over time, for example, buy low - sell high, all you need with this strategy is patience and the right choice of entry points.
However, the market is developing, and in the short term it can act in an extremely unpredictable manner, which opens up additional opportunities.
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People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.
What do you have in mind? Obviously, money is a limited resource, and if someone has less of it, then somewhere there will be more of it, they circulate in this way in the global financial market. But the question is why people lose money even in those moments when they should not do so due to their experience and knowledge in a market so full of opportunities. |
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[img] I don't think you need to wait until 30k, for now if you have a large balance you can buy bitcoins. I think the price increase in the future will be higher than the previous increase, hopefully what I say will come true
In any case, it will not be superfluous to watch how bitcoin passes resistance levels. All the same, buying it at a price of 30k will be much more profitable than at 40k. Personally, I fear that when returning to 30k, bitcoin will fall even lower, to 25k levels. I think what we are seeing now is a bull trap. |
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I don't like the hype that Elon blows around the dogs. From the point of view of speculation and mass adoption, this will definitely be useful for cryptocurrencies.
But in terms of technology, I don't think so. In this case, let them start accepting a few more cryptocurrencies, this will balance this approach.
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It's important to ask yourself the right questions and learn from the answers you receive. However, sometimes we are not always able to correctly identify our mistakes. For example, we lost money due to things that we could not predict, but we can still attribute this to our mistake. Such a conclusion will not be correct, because nothing depended on you. Those things that you are not sure about should not be reliable information.
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A very interesting example of a scam. ❗️Let's analyze the case of the Defi Sniper (20k ppl) public scam . You can go to look at his channel, but you cannot buy using his signals. Better to go in and complain about the channel because of fraud. Scheme: 1. Man made a channel with signals 2. Bots wind up the audience and reach on posts 3. Fills in your token contract, fills in liquidity 4. Transaction flooding liquidity for 25k $ ( https://bscscan.com/tx/0x0fc02c80393801e2e09353a6b9533f0cff62c74c7d5df1160cb2f731ee8b8f4a) 5. Writes a post to the cart, about the urgent need to buy this token 6. Accelerates the price with purchases of subscribers 7. Displays the liquor, ragpulit this trash heap 8. Transaction to withdraw liquidity for $ 29k ( https://bscscan.com/tx/0x89a65f5255f497dcd4891ab8b7c3f1ac9bc922dd8aa2eba90728b16251972f1b) 9. Fixes a profit of 4k $ for 5 minutes of scam 10. At the same time, he also makes content for himself , how its price grows and all subscribers "earn" 11. Fills in a new contract, new liquidity, a new post and in a circle. Be careful with these types of scams! All pump groups are always scams! Remember this! Report this scammer's channel. |
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I do not understand how the news of these companies should be reflected in the altcoin market. So far, I just watch how most of them fall in price that day.
In addition, rumors about Amazon turned out to be just rumors, and this did not particularly affect the market.
I like to watch the news about the development and technology in the field of altcoins more, this is a much more revealing factor.
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It is difficult for BSC to compete with ethereum. BSC network with BNB as native coin is difficult to compete with ethereum because investors will always associate BNB with Binance exchangers and this makes it difficult to develop further as ethereum stands alone as a separate coin entity
It seems to me it's not that difficult. All the same, the BSC proved to be excellent in terms of an alternative network for deploying projects at a time when Ethereum showed huge commissions. Therefore, the comparison is more appropriate than not. Even now, the fees on the Ethereum network can be called extortionate compared to the fees on the BSC network. |
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To answer this question, you just need to look at the chart of cryptocurrencies and bitcoin in particular. If you invested, for example, back in 2005, and looked at the current time, you would have no doubts about the guarantees.
However, everyone has their own long-term goals, and there is never a 100% guarantee. But at the moment, the statistics are extremely positive.
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CryptoWhale considers Bitcoin's rise to 42,500 as a bull trap and cites a 2018 chart as evidence, which shows many similar spikes.  |
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actually of course not, not all altcoins depend on bitcoin, even many altcoins have their own blockchain technology, but in reality that is not the case, almost all altcoins will go down when the bitcoin price also drops, this happens of course because of a panic sell
First you say that not all altcoins are dependent on bitcoin, and then you say the opposite, how is it? If the price of bitcoin falls, this is the direction of the trend followed by all coins, and it does not matter which technology and how much each individual coin differs. |
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Personally, I really like the chains that make parachains, such as Kusama, Centrifuge, and everything related to PolkaDot.
Therefore, I would recommend that you invest in this direction. Whichever coins you choose, always do your own research.
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