|
If you want quick profit, just try to figure out where the hype is. You don't need to find brilliant projects, people make money with shitcoins.
|
|
|
|
|
It is very time consuming and stressful and most people who do day trade actually make loss if you consider how much time they spend on it.
|
|
|
|
|
Yes it is definitely possible, you just first need to pick good coins and invest in them. Some of them will probably double in a very short time in the coming months while everything is cheap.
|
|
|
|
|
There are many more dead coins and tokens out there, developers or teams just don't publicly call it is dead, they just keep it going till the point everything has to come to an end.
|
|
|
|
|
I can say it is actually Bitcoin, because I've been trading mostly Bitcoin and made money with altcoins. Bitcoin is just a safe asset to keep money away from high volatility to me and others are for making money.
|
|
|
|
|
Yes it is, Because when it is time, no matter which coin you hold, every coin starts to rise so it is better to hold all of them instead of selling some shit coins.
|
|
|
|
|
Digital assets actually refer to all of the assets in crypto I guess, it is a good usage because many assets are not currency so why we call them crypto currency?
|
|
|
|
|
I've never uses stop loss, I could but I did not I don't know why. And I think it would not make any difference for me, I would still make loss but probably spend less time looking at the screen.
|
|
|
|
it seems that this is indeed very interesting, I am very interested in the trading competition on your platform.
I will analyze further and will soon join before June 19 to start the competition from June 20 to 27.
Trading on dex waves is very difficult because of the small trading volume. you have to have big capital to attract the pope there. Low trading volume sometimes create more opportunities for traders but you need to track other decentralized and centralized exchanges well. |
|
|
|
|
Margin trading is actually a great tool for those who can take advantage of it. But if you don't know how to use it efficiently, you can lose lots of money it would be like gambling.
|
|
|
|
|
Creating a DEX is very simple, a lot of people can do that in a day but you need to apply different models to overcome speed problems, not many people can do that.
|
|
|
|
|
I literally did so back then and I glad I did, sometimes taking risk may end up with the best possible outcome but it will end up bad most of the time for sure.
|
|
|
|
|
You can't have 10% profit everyday no matter which coin you trade but you can keep losing everyday through trading. Sometimes if you just hold, in the end you will have made more than 10% profit everyday.
|
|
|
|
|
Very good strategy: If you are very newcommer do nothing, not trade any coin because it seems like everything is already cheap and going to rise, so just buy and wait.
|
|
|
|
Do they ever work in crypto? I mean newbies trade trash tokens with a market cap below $5m and they plan of making money with technical analysis, seriously? Even Bitcoin can be considered as a low market cap asset now.
having a low market cap is not the reason why trading those tokens is a bad idea. the fact that they are purely pump and dump coins makes trading them a bad idea specially for a newbie who is not yet familiar with trading or with the market itself. otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck. ''journals of big traders'' all this fancy words..... investing is no doubt the most risky, most difficult thing. All those people see on the internet teaching investing, forex etc. quotes, videos, e-books. All total bullshit. Let me tell you what you need to be successful in investing, trading and business, you need money! that can keep you in the game even when you fail and make huge loss many times. Hey buddy, all investors have money, but money doesn't guarantee you profit if you don't have any knowledge in trading. journals from experts, plans, and strategies are very important in the final results of trading. Anyway, low marketcaps doesnt mean a bad idea, many altcoin have volumes below 1 btc but have high movements and price increases. the most important is not the amount of volume, but seeing the quality of the project or coin, has potential or not? There are really good projects but I would doubt buying the token. Even those teams try to figure out and develop hopefully token economics. You most of the time actually invest in the team, and I can say that there are only few teams out there that I can trust. |
|
|
|
|
If you quit your job to make money through trading or any other thing, don't do it. If you already make money with trading and also have money that you can use for months if something goes wrong, you may quit...
|
|
|
|
|
I agree with neither of them you mention as a reason. People don't invest in crypto because they are either too irrelevant of crypto, not able to understand it, or can't do that. If they would be aware of these reason you mention, it does not matter they invest in crypto or not because they are fully aware of this market, tech at least.
|
|
|
|
|
I simply have not taken any action since the last bull run (2017) and the bear market. I am right now 35% down now from the peak. What do you think about guys? I literally have done nothing while btc decreasing from ATH to $3000 and then increasing to $8000, almost 1.5 years.
|
|
|
|
|
For me it is ''SAFU'' All these exchanges can be hacked or suffer specifically from cryptocurrencies they listed on their exchanges. You know even it is hacked, the lost will be covered by the exchange.
|
|
|
|
|
I know what you mean, the simple answer to that: you can't run away from the government. But if you talk about insignificant amount of money then it does not matter much.
|
|
|
|
|
Show Posts
