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Oh my God!! 🥺 this breaks my heart... If it was me.. I would never have peace of mind 😢
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I have nothing to say at all.. good luck with that!
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Trading what you see, After a confirmation is what I call trading. But after confirmation and you still have doubt and you trade what you think out of fear, I call that gambling.
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Demo is the only way to know how the trading system works. Even till date I use demo account, why! Because each time I wait for breakouts and retest I already placed trade in demo. So when I just check if the trade is doing well or bad I will go check on trade view if it still remains at same price no need of stressing my self going to trading view 😁😂. But never the less, demo will give you the experience you need. Only if you are ready to learn from it.
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I use RSI, but not always. I always use EMA .
But I don't rely on indicators. Because it only shows what the market has done in the past. It can never give you an early signal, except for divergence. So I recommend you learn price action coupled with support and resistance, trend lines also with price (chart patterns) With this you will never care to use an indicator again.
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A single strategy might not give you the full information on the market price movement. But combining strategies together helps a lot.
Combining strategies and still having same results. It's a clear confirmation for trade entry. Which one strategy may lead to fake outs sometimes.
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Technical analysis is the major of all, without knowing technical analysis get, I call it a blind trader.
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[/img]I prefer futures, earning from up and down trend.
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Owing depts is like being enslaved until you've paid off... And owing unnecessary loan can be very hard to pay off keeping you in an unhealthy financial state.
What I'm saying is never you borrow to invest ... It's unhealthy.
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Please correct me if I am wrongEven in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin.  Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin. Is there any way to solve this problem? Most people in some countries, they think having digital currency is like risking their money to loss.. even trying to make them understand how the system works, is so difficult because it's concluded as scam. I'm saying this out of experience... Most people decided not to invest anymore. Because after investing, instead of having a positive results Bitcoins continues to go down... I would say it's impatience and lack of knowledge about how the Crypto world works |
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I came to know about Bitcoin as everyone here did it was from my friend. I was living as usual a life controlled by the government and its banks. I was not angry about my life, still I had the anger to be someone who can succeed.
I had somewhat good childhood but I always saw my parents struggling to get those fiat. It did saddened me as I saw my parents living a routine life and still did not enjoy it.
Now I know why they were always struggling to get the ends meet. I do not.know whether anyone here can relate to the same experience of my parents
When I understood the true potential of Bitcoin. I joined this forum as I am not someone who can spare the money required to invest for 1BTC.
So, my question is can Bitcoin give a life that I dreamt as a child. Is it possible to gain financial freedom? What exactly does financial freedom means in context of Bitcoin?
# Please ignore my typo and spelling mistake.
Thanks!
From what you said here.... Buying 1 btc literally means you're rich.. But note this... You can buy BTC with lesser amount of $.... BTC is volatile in price movement.. so the assurance of making reasonable profits is clear.... Only for long term investments... Don't expect an immediate turn up.. you might get disappointed... |
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I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Adding to this: Trading with doubts and greed makes the market go against us most times. After your analysis, and you decide to place a trade, but with the price movement, you start developing doubt against your own analysis, most times can also lead to loss From my experience, trading and wanting to get higher profit than the profit you've set for that trade, might give you a loss result. Which might be very difficult for one to handle emotionally. Set your goal and eliminate greed your your trades. |
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In my trading experience, I never started using signals. My own analysis works better for me.
I've tried trading signals from some couple of groups, I get liquidated easily.. I win less and loss more.
I feel more comfortable with my own anlysis.
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