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I took part in several activities on Galaxy and were given OAT oil and points. I read on the website that these NFTs are needed to reward participants, but I don’t fully understand how it works. It turns out that after I received an OAT for activity, I just need to keep it in my profile and after a while I will receive a reward for participation?
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Поучаствовал в нескольких активностях на гэлэкси, дали OAT-нфтишки и поинты. Почитал на сайте что эти нфт нужны для награждения участников, но до конца не понимаю как это работает. Получается после того как я получил ОАТ за активность, мне достаточно держать ее у себя в профиле и спустя время мне придет награда за участие?
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I'm developing my strategy for trend trading and I'm trying to figure out what are the best indicators to catch a trend. Currently now I'm using MFI, but I doubt that it is suitable for cryptocurrency trading, so i will appreciate it if you give me a hint. Thank you in advance!
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(2) you must learn how to be patient: without patience it's nearly impossible to be successful in the crypto market, that is one of the virtue required in the craft.
As a newbie I can say that after you lose your deposit several times, you will become much more patient than in the begining of your path. I deposited into my account at least 4 times and every time I lost everything due to fomo and lack of knowledge. After my last loss, I decided that this is not my business and I don’t want to do this anymore. But a week later I decided that I would make my “last” deposit and do everything according to science. And for some reason, after I deposited it, I realized that I didn’t have the same excitement that I had with the very first deposit, I was no longer angry when I lost and I didn’t smile like a fool when the price went in the right direction. I just draw conclusions and, if it was a losing position, I review the charts and look for my mistakes, and if it was a profitable position, I don’t feel anything at all and just prepare for possible future losses. |
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I'm a newbie in trading. I read books by John Schwager, Alexander Elder, John Bollinger about technical analysis and psychology in trading and I began to doubt that all this was suitable for the modern cryptocurrency market. How is crypto trading similar to stock and Forex trading? What are its similarities and differences? I would like to thank everyone in advance for their replies, I appreciate it!  |
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I'm just a newbie and I don't have other opportunities to make money irl because of my place of living and age. I tried already bounties and airdrops, but I'm not lucky in it. Thanks for your advices!!!
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For all my 5 months in trading, I'm learning only technical analysis but now everyone is talking about the concept of "Smart Money". So I think that trading is changing and speculators should stop trading based on technical analysis. Or smart money just a concept that cannot possibly work in the market,
Just five months? No wonder, you are still new in the market trading, you need more experience if you would stop listening to people so as not to misguide you. As a matter of fact, I have never seen a better and more powerful way to know the trend of the market than the technical analysis and what the sentimental analysis and fundamental analysis can't do, it would do it successfully and even easily. It has been the best light on my trading path and without it, I don't think I can trade this long as my trading system centres on it having tried all possible means of trading. My advice is that you learn about it more and train what you learn about it for your own good. You can learn the price action, Fibonacci and trendline among others, and avoid much of the indicator's trouble and deception. And if you learn them diligently and understand them as well, you will never have issues with your trading anymore, I am sure of that, and it will make your trading management easier for you. By the way, those who are talking about "Smartmoney" are only enjoying the excitement of the moment, you will see all of them shutting up their mouths when this obvious bullish season is over. This is where you are multiple times better than them as your time in trading does not have a season. You profit all the time if you fully understand your chart reading. I understand that I'm newbie in trading, now I'm trying to learn only the right things and not get lost because of other concepts and other people's opinions. Thanks for the advice and for guiding me!!! |
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I will like to ask. What is smart money? I do not think this is related to trading
Smart money refers to the capital that institutional investors, central banks, and other professionals or financial institutions control. It is managed by expert investors who can foresee market trends and make most of the profits. So it means that smart money traders trying to trade together with market-maker. Also they think that technical analysis is not working because it's very old. |
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For all my 5 months in trading, I'm learning only technical analysis but now everyone is talking about the concept of "Smart Money". So I think that trading is changing and speculators should stop trading based on technical analysis. Or smart money just a concept that cannot possibly work in the market,
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I'm also beginner in trading. I trade since this summer and I lost about $90 on $120 account. Recently I make $20 on last $34.
Throughout my journey in trading, I read Jack Schwager's book, watched many educational videos on YouTube, read many articles on the educational sections of CEX exchanges, and also talked with many traders. It seems to me that I understand enough about technical analysis, trading systems and trader psychology. But I'm at a dead end and don't know what to do next. Other traders advised me to just trade, but I think that over time I will lose my remaining $45, and demo trading does not bring such emotions and I don’t want to try hard when trading it
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