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1  Economy / Trading Discussion / Re: Is it true that this AI is good for trading? on: March 13, 2023, 05:20:51 AM
Although I've heard of trading bots, this is the first time I've heard of trading AI. You can use trading bots to assist you up until a certain point, after which you are on your own. I believe that AI trading is the same. I haven't tried it, so I don't know enough about it. I'm not sure what to say at this point, but I need to have some knowledge about trading bots. I'll tell it again: don't rely on these AIs and bots. That can stop you from learning how to trade properly, because trading ought to be enjoyable. By employing it, the appeal is lost.
I agree that it could be useful in many circumstances, but don't rely solely on it. first DYOR, then trade.
2  Economy / Trading Discussion / Re: You Learn More from Losses than from Wins on: March 13, 2023, 05:19:38 AM
Depending on how much you lost, you either learn one lesson in trading or the first and last lessons. Grin The peculiarity of the situation lies in the fact that not everyone will find success in the trading industry. While some users master trading at the coolest level imaginable, others need to be reminded of teachings repeatedly but keep failing. To be honest, personality is everything. Also, there has been a sharp rise in the popularity of starting a trading business recently, which is propelling the need for trading coaching programs at an alarming rate. The issue is that all those individuals who aren't even capable of using appropriate logic are engaging in trading and losing money as a result. Hopefully everyone will
3  Other / Beginners & Help / Re: How can old people use bitcoin? on: March 13, 2023, 05:18:15 AM
If older individuals don't look up many investment options online and only use Bitcoin for personal savings or money transfers to family members, they won't ever be defrauded.
I think that because they are the ones that constantly investigate and test out all those investment possibilities that promise enormous returns, young people are more likely to be scammed. My grandfather invests in the stock market. Due to his extreme caution and commitment to his investing tenets, it is difficult to persuade him to dedicate funds to cryptocurrency. Older individuals rarely risk their money on things they don't fully grasp unless they are persuaded to do so by someone they have complete faith in.
4  Other / Beginners & Help / Re: How do I succeed as newbie. on: March 13, 2023, 05:15:06 AM
I can only advise against investing in something you don't completely understand and against investing more money than you can afford to lose. The forum has a ton of helpful information, so it's best to start by reading the sticky topics in this board that can assist you as a beginner. It's also not a bad idea to check out the Meta board. After that, just start at the top of the forum and scroll down to look for new stuff; you'll eventually find something that grabs your attention.
Nobody should or can make decisions for you, thus you won't discover any sort of recipe for success in life.
5  Other / Beginners & Help / Re: Can you tell me which one you will choose and why? on: March 13, 2023, 05:13:04 AM
It's possible that you can see the structure where your bank is located, but your money isn't there, thus you can't see it. The numbers next to your name are visible. Your funds are given to other people as credit. Your bank, mine, and nearly every other bank would experience severe difficulties in the event of a bank run. Even yet, the funds are insured, and they adhere to stronger rules than services like Binance, which have a history of relocating to other countries after being expelled from several of them.
6  Other / Beginners & Help / Re: Need help - How to do signeture camping .. on: March 11, 2023, 10:32:19 AM
It's a wonderful experience that you at least learned how to wear signatures from the new campaign you joined. This free campaign differs from others in that you are paid on a weekly basis.
There should be a notice of openings or open positions in the campaign before one can join. Also, you need to check that you meet the prerequisites by reading the requirements. Also, you need to obtain a Bitcoin address from which to accept payments. You should continue to contribute to the forum in order to accrue more activities and merits because the majority of campaigns do not accept younger members.
7  Other / Beginners & Help / Re: How can old people use bitcoin? on: March 11, 2023, 10:15:55 AM
If older individuals don't look up many investment options online and only use Bitcoin for personal savings or money transfers to family members, they won't ever be defrauded.
I think that because they are the ones that constantly investigate and test out all those investment possibilities that promise enormous returns, young people are more likely to be scammed. My grandfather invests in the stock market. Due to his extreme caution and commitment to his investing tenets, it is difficult to persuade him to dedicate funds to cryptocurrency. Older individuals rarely risk their money on things they don't fully grasp unless they are persuaded to do so by someone they have complete faith in.
8  Other / Beginners & Help / Re: How do I succeed as newbie. on: March 11, 2023, 10:09:56 AM
My personal experience is that when you truly trade independently, you can be sure of yourself and your judgment. Because trading will expose you to both positive and negative situations, which can contribute to your trading development. Nonetheless, you should always conduct your own research and remain calm when making decisions because your assets could disappear in a split second. I advise you to do some online research and further your exploration so that you have thoughts that will give you confidence in the choices you will be making. It would be beneficial to have connections like these with people because they can provide you with ideas, thus it makes sense in my opinion to ask for advise here. Wishing you luck as you pursue trading!
9  Economy / Trading Discussion / Re: Time to buy or sell? on: March 07, 2023, 02:21:36 PM
The price of bitcoin will halve next year, and many investors are anticipating another bull run, which has become something the market does every four years circle. Therefore, finding a good buying point right now and getting in could result in you making a profit by holding it through 2024 to 2025. For those who are investing for the long term, I would say that it is a good time to some bitcoin, as well as some good top altcoins, and perhaps some low cap coin with good potentials too.
10  Economy / Trading Discussion / Re: My advice If you are here to make money on: March 07, 2023, 02:20:00 PM
Several newcomers were given false information about how crypto could alter their lives, which led them to assume that they could make quick cash by just trading their money in the market or believing in a signal from someone claiming they could become wealthy by trading at them. They must understand that they are dealing with unforeseen circumstances, therefore we must maintain our attention and gather all the necessary data to be better prepared to trade coins on the market. Since you pointed out, even seasoned traders lose all of their money due to poor selections they make, they shouldn't feel at ease knowing the fundamentals.
11  Economy / Trading Discussion / Re: The best time to buy bitcoin. on: March 07, 2023, 02:08:46 PM
Although there is no direct correlation between them, you may draw the generalization that when equities, bonds, or commodities decline, it indicates the existence of a backdrop negative event, and thus bitcoin will also decline. If the same group of investors is getting in on each of these assets, it can appear that bitcoin is following them since short sellers will sell on the dump to buy back at cheaper prices.
There isn't really a "optimal" moment to buy bitcoin, although one should do so when the price is low rather than waiting it out. Although the market is currently in an uptrend, the best moment to invest was while the bear market was in full swing.
12  Other / Beginners & Help / Re: The love I have for bitcoin on: March 07, 2023, 02:03:05 PM
No matter how bad the news is, bitcoin will not disappear because of it. I think bitcoin will continue to reign supreme among all other coins and hold the attention of major market capitalists.
Although I think many people will stick with bitcoin, even if some centralized exchanges fail and some DeFi is equally unlucky, obviously it doesn't affect bitcoin as a whole in the sense that bitcoin will recover, there may have been a FUD attack that occurred in the past that caused a dip because naturally, many people panicked over the situation. However, I think many people will stick with bitcoin.
13  Other / Beginners & Help / Re: Some Common Mistakes Made by New Crypto Investors on: March 07, 2023, 02:00:59 PM
I believe that expecting too much or having unreasonable expectations that they will get wealthy through cryptocurrency investing is the biggest error new investors or novices make.
Before making any investment, it's critical to do your research, thoroughly examine the market, and only then should you decide to invest based on logic and not feelings or expectations.
Internet security is of course always crucial, but you should also have a detailed investment plan and a crystal-clear exit strategy.
The issue with cryptocurrency is that there are many inexperienced, young investors who are unaware of the considerable risk involved.
14  Economy / Trading Discussion / Re: Trading is risky, be conscious on: March 06, 2023, 07:41:30 AM
Risk, in general, extends beyond trading and includes all aspects of life. Traveling by land, sea, rail, or air entails a significant risk in and of itself, but for the purposes of this discussion, let's only focus on trading. Trading is a wealthy industry, but it's also quite risky. The main problem with trading is that many would-be traders prefer to focus on the rush of making quick money without putting in the effort to develop the necessary abilities. It's understandable that even experienced traders occasionally experience losses, but what matters in this situation is the capacity to record more profits than losses. Everyone unprepared to be a trader is afraid of seeing red in their trade history.
15  Economy / Trading Discussion / Re: Trading as a newbie? on: March 06, 2023, 07:39:26 AM
When many coins were moving virtually simultaneously, I performed something similar a few years ago, enabling me to buy low and sell high. But, given the number of coins now available, I believe it is challenging because it takes more time to evaluate each coin individually and does not ensure you will be able to obtain the coin you desire. And doing it that way without strong analytical abilities would only result in financial loss because you run the risk of interpreting the coins incorrectly. But if you're still interested in giving it a shot, I advise doing it for a little cash first to gauge how it goes. Never use large sums of money if you aren't willing to lose.
16  Economy / Trading Discussion / Re: The 4 trading fears and how to overcome them on: March 06, 2023, 07:37:22 AM
These worries are very typical for new traders; they tend to be more emotional because they are still getting to know the market trends and should thus anticipate bigger losses at first. Simply keep working to understand how trading operates and develop your own method of market analysis to get through this stage.
I'm not sure if this is just a way of promoting a website, but automating your trades is perfectly acceptable. Nevertheless, I still advise having your own trading schedule and never trading if you don't have time to analyze because trading takes time.
17  Other / Beginners & Help / Re: Why recommend when they don't understand the risks? on: March 06, 2023, 07:35:17 AM
When you are advised to choose a cryptocurrency without being adequately informed of the risks and challenges involved, it sounds like the most annoying aspect of cryptocurrency. This is frequently compared to half-baked bread when information is not fully provided to educate others about a particular new system, and when such newbies have fallen, they regret taking the step in the first place. If we must introduce new people to the cryptocurrency world, then we should educate them on the risks and challenges involved in choosing it.
18  Other / Beginners & Help / Re: Trading Or Holdings on: March 06, 2023, 07:33:04 AM
a good query from a novice! Since trading and investments are so closely intertwined, it makes sense in my opinion to combine the two activities. Investing in holding has lower risk than investing in trading, which has a higher level of risk. For instance, if you invest in Bitcoin and retain it for a fair period of time, you are very likely to get a return on your investment. Your patience is all that is required, and the investment should be made at a fair price. But to benefit from it, you must have strong trading skills. To regularly profit from it, you need to be speculative, managerial, and perhaps even fortunate. Comparatively to holding, trading has a higher risk of newcomers losing all of their money (investment).
19  Other / Beginners & Help / Re: Misinformation about crypto (bitcoin). on: March 05, 2023, 07:18:30 PM
This encounter was shared by several others. People have a hard time believing in anything related to digital currency because of what some Ponzi schemes caused to them. Because of their awful experiences, some people have entirely closed off their world to everything related to online cash or investment. I was misinformed for a while as well, as I frequently explain here in this forum whenever an issue like this is brought up, but with a little more work than some others, I was able to discover fast that bitcoins were very real and different from any Ponzi. Misinformed people can help themselves by making a little extra effort to correct their misconceptions.
20  Other / Beginners & Help / Re: Bitcoin is to grow your money on: March 05, 2023, 07:17:16 PM
The reason you should be optimistic in this situation is because people have been investing and profiting from it; history lane is a reference to ascertain this; those who invested earlier and hodled have made a lot of money. Additionally, if you can learn traditional finance, it would be beneficial for you to invest in bitcoin. However, before this becomes a reality, you have to put some things in place, your learning grounds, and a determined mind of being concentrated.
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