Investment targets are of course still very broad and complex when discussed, basically each individual has their own personal targets. The investment objective will of course lead to seeking the greatest possible profit, in terms of the form of investment I myself have the view that real estate and gold can be a safe opportunity. I think apart from being able to keep the value of money from decreasing in the event of inflation, the opportunities are still great and the sources of funds that I have are still limited.
So there's no harm for me to try, but of course this is just my personal view. Everyone returns to their dreams, wisdom is needed before making decisions.
Every investment has its own level of risk and it does not mean that when we invest we do not have any risk by thinking it will be very safe because the fact is that everything has its own risks. But of course with that risk we become aware that all forms that we do must certainly be based on more understanding so that we are not wrong in approaching the investments we make. Experimenting is definitely not the right thing if it is not based on seriousness, especially when talking about finance, it is not something that can be tried without thinking about the risks so that in this case you can indeed try but of course it must be done with seriousness and learning done so that the results of the experiments carried out are maximised. Eliminating risk may be difficult, but reducing the level of risk is an option for safer investing, but all of that requires knowledge so we can do it well. or there are also speculators who dare to take big risks to get even bigger returns, but they are aware up front that the method they are taking increases the level of risk, but the rewards they get can also be satisfying. careful calculation is needed for that because not everyone can do it with a logical analysis, because most people like that usually do it out of lust |
|
|
|
-snip-
But about financial freedom is not about this. But about financial stability in the long term without worrying about lack of money to meet all needs. Concerning centralized and uncentred actually everything remains the same as before.
Well, that is the point I tried to convey on the first page. I think people adapted to a centralized financial system a long time ago and in fact many people achieved their financial freedom before decentralized solutions came to the forefront of the online industry. If we pay attention, indeed these two systems are increasingly being compared for and against, and can be used as an excuse for someone's failure while there are more factors causing it, one only needs to do a deeper evaluation than just looking at one side. every system development, of course, has positives and negatives from that system, sometimes people are more comfortable using the conventional method because it has been done for a long time, and when a new system emerges, they are reluctant to leave their comfort zone when replaced with the new system, so many of them oppose and look for weaknesses in a system, even though if used properly it will be able to help the development of the business they are running |
|
|
|
So my question is: is this market still profitable for new projects?
Yes, there are many investors still making profits from new projects in the market because their teams are doing positive things in the market that will make their investors to feel that the projects will go a long way to Favou those that will invest in it in this season. Now that the price of Bitcoin is preparing to increase higher in the market, show that many coins price will definitely increase higher too to allow their investors to release their coins for sale and to prepare for another bearish market that will take over after the bullish market. I will advice you, to try and invest in a potential new projects in this season because there is a favour ahead to such people that will take the risk in this season to smile tomorrow when the market price increase higher to look good to the eyes of the investors. if it's not profitable, why are there still so many new projects popping up to this day? Even though some of them are scams, there are still projects that have good potential in the future, so new projects are still feasible. however, to analyze the new project requires good skills, otherwise it will be a big risk to invest in a new project. there are a number of new projects that are currently being discussed, such as sui, arkham, and that is the hope for crypto development, especially in a bearish season like now, when the bullish season comes, there will be great potential to join in |
|
|
|
If we want to make a business then the best thing is in agriculture, the price of agricultural materials which continues to increase is a good opportunity that the future of agricultural products will always increase, moreover more and more agricultural land is lost or changing its function so that opportunities and competition in agriculture are very promising .
It's true, the agricultural sector is always needed to support human life in terms of food, especially now that agricultural land is getting narrower along with the need for housing. and of course the need for human food cannot be avoided, therefore the defense sector is increasingly important, and must increase in terms of quality and quantity, in line with the increasingly advanced human mindset in terms of hygiene and the increasing number of people |
|
|
|
They say life is not a bed of roses, nor is it a bed of serrated objects; rather, life is a mixture of both good times and challenging times. Just that some people were born with a golden spoon, and also that some people are in a country where everything is made available and possible for them through the government. Basically, some people also get favoured through their journey in every aspect of their lives. Like you mentioned in terms of merit, some members can get favour from a merit source and receive it more quickly than others. The same applies to business; one can just go into business and, for the first year, make more profit than some people who have been in the same business for years. Some people too can just go into crypto for the first time, and they are already lucky with the few Altcoins they choose. In the case of others, it's usually the opposite because they don't get such favour, but the fact is that one should keep moving forward with positive thoughts in their mind.
Yes, there will always be a few lucky ones who can get somewhere better than everyone else, but it is more important for us to find some kind of algorithm that could be accessible and understandable to everyone and could also bring good results for everyone. I'm not sure that even bitcoin can be such a tool, because as it turns out, not everyone can buy it at the right time and sell it in a bull market. besides luck, those who have knowledge will certainly be able to plan success in investing. and on the other hand, of course there are people who suffer from their negligence, even though actually investing in bitcoin is still wide open for profit, because from time to time the development of bitcoin in terms of adoption is always growing, and many investors are starting to look at bitcoin as an asset with satisfying returns. |
|
|
|
Absolutely!!!
Bitcoin is one of the best assets one can have in this century. Instead of depending on fiat currency and fixed deposits, why not have Bitcoin, have gold, have a business, and many other assets available.
All these can give high returns in the long run.
Bitcoin is indeed the best among other assets in it class, and for one significant fact fhat Bitcoin have an edge against inflation makes Bitcoin the best possible asset for long term goal such as retirement, and also for the fact that having your retirement funds in Bitcoin keep your asset away from over taxation also contribute to the many success that comes with Bitcoin as retirement savings. Since retirement has to come with long-term goals, it makes Bitcoin more suitable for that demand since Bitcoin's value and profitability are reflected in the long-term base. This is a proven fact, bitcoin is against inflation. Bitcoin investment needs to be considered long term, not everyone have got the patience and it is the only investment that assure large margin based the time of holding. The inflation around the world have affected the lifestyle of people, particularly the people in retirement. They've got scheduled spending and those are unavailable. Due to inflation this is now a question. In such situation bitcoin on retirement fund will surely help in better living support. lucky that now we know bitcoin, especially in a bearish season like today, of course it's a good price to invest, so that later when mass adoption grows, of course this will make the value of bitcoin go up, especially like I'm a private employee, where there is no retirement from the company, even whenever you can get out of work, with bitcoin and there is still a lack of bitcoiners in the world, it is a great opportunity to join in |
|
|
|
I think these small rallies are actually luring more investors by indicating that the bull run is about the start. But, I think the market is still in the correction phase and we might see another drop from this level in the coming months. Many are predicating a dump below $20k in October or November this year. In my opinion, the price will turn bullish after the halving, next year.
i would definitely not agree that these small pump being considered as an indicators for the next bull run after all maybe the market is just going through sideways and thats it, no real sign of bullrun thats about to come. despite of that though, there has been many altcoins that has increase massively starting with arbitrum until the latest is arkham, i just think that maybe this time around the bullrun will be a little bit different but of course thats just my wild guess without any proper reasoning. regardless though the prediction about bitcoin dumping below $20k i don't think will ever gets realised, far too low for bitcoin honestly that i'm sure enough everyone would be bagging bitcoin and the price will recover in no time. but sometimes the market scenario is not what we imagine, but I am sure to hold bitcoin in the long term, no one knows when the bullrun will come, but everyone believes in certainty about certainty. for now I will only focus on bitcoin investment, and potential new altcoins even though it will promise many times I don't like it, except for participating only modestly, so if it doesn't match expectations, it's not a problem, because the level of risk is too high |
|
|
|
If altcoins prices are falling, they fall more than bitcoin significantly. If altcoins prices are rising, it is also more than bitcoin price price. But altcoins can disappoint because some do not get to all-time-high. Some that you think will rise than bitcoin may not.
exactly right, because most altcoin follow the movement of Bitcoin, even though the increase in altcoin is usually higher than Bitcoin if there is a bull run, but not all altcoin will increase and when the price of Bitcoin falls (correction), then most altcoin prices will fall more than the price of Bitcoin, so if you want to be safe to invest in cryptocurrency, then I suggest you to invest in Bitcoin rather than altcoin (including XRP), but if you dare to take risks and want get a bigger profits, then you can invest in altcoin (including XRP). logically we invest want to grow our money but do not want to experience losses, or can suppress that risk. therefore bitcoin is indeed the main place to invest, and after that you can choose altcoins that can provide greater profits, but security is maintained, we don't only chase profits but also have to take into account risks, so we can think logically to avoid disaster, because in the crypto world there are high fluctuations, and anything can happen |
|
|
|
So sad for your LUNA and i hope another investment such like ETH will help you recover in the future. My favourite from your portofolio is ADA and ETH, one of the best quote i ever read is from CZ "If you can't hold, you won't be rich."
I hope that OP has sold LUNA when there is a bad news about LUNA, so OP doesn't lose too much money, then I also agree that ADA and ETH are good choices for investment, therefore I'm sure OP will get a big profit from investing in ADA and ETH, because the price of ADA and ETH will definitely make a new ATH price during the next altseason. OP seems to be an active trader and watching the market from time to time so there is nothing big to lose because LUNA is now a almost dead coin and having this in our portfolio will surely brings a bad losses for its investors,sad they no one see this coming and now there are so many victims that still cries from their wrong investments. ADA and ETH may have good action but that is something we need to wait till the Bull Market happens hopefully early next year. what is clear is that ETH is the altcoin of choice of all time, but we also won't know in the future, considering that like LUNA, which was beyond expectations, many people disappointed its investors, if you remember the LUNA tragedy, many left sad stories. from that incident, it would be better to place the main investment in the top coins, and we can diversify altcoins to avoid events like LUNA, that way we will be safe in investing |
|
|
|
Hello everyone am new here, more like a trader that got by with a bit of knowledge through personal experience (success and failure's) since 2020 but got introduced to this forum by a friend,pointing out that I can find information's and be able to communicate with other enthusiast in the crypto market. I look forward to my experience here.
P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here.
Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Technical analysis is very important to become a pro trader, especially for day traders, of course, they really need technical analysis to determine the transaction area. you could say that with us having an analysis first, we will know where to open a position, then where to place the target, and determine where the cutloss limit is. that way we will have a framework that must be complied with, so that it will fulfill the portfolio that we make, but it is not easy to discipline ourselves according to the framework, we have to practice a lot to have trading experience |
|
|
|
Just as my topic reads, I'm interested to know if anyone has ever used copy trading apps and what's your experience?
I've always known of octafx copy trading app but never never used it because I've tried downloading it but got other similar apps from playstore and didn't know which was real,
I finally installed one that seemed real and I think I love the simplicity but haven't tried it out yet because I didn't want to be scammed of any cent 😅 but I think judging from what I saw on the app, this is one cool place one can make profits without getting to stress their brain but rather pick a trader based on their performance and your preferences and you're good to go.
What do you guys think about copy trading?
Let's discuss please
ah yes, I saw some youtubers promoting trading sites with copy trading. I don't know the success traders who copy other people's trades can get. that means if the trade is profitable, then you can get profit with deducting costs. but if the trade is losing, then you won't get anything. Learning your trade on your own might be stressful for some beginners. but if you are really interested, trading with the results of your own analysis will be better than you following other people's trades like betting with your money run by other people. Well I often see some creators advertising copy trading applications on some social media, I think this can be a good alternative for those beginners who don't want to bother with some of the steps they have to do when doing it themselves and they can use copy trading there. Well I agree, I think it's better to use our own way of trading, we can do it the way we want and it will indirectly further train our knowledge about this field. I once tried using one of the copy trading systems and at that time I got a win even though the profit was not too big, but strangely there was no satisfaction there. Although I was able to get the winnings I expected but I could not feel the satisfaction in the victory, maybe the problem is because we depend on others. So the point is that it is better to use your own way of trading, although it is quite complicated in learning but believe me many successful traders have their own way of achieving success in the world of trading because they always learn from every mistake. I think copy trading is indeed useful for beginner traders, but for those who already have basic trading knowledge, I think it's better to develop our own trading system, because using copy trading is not always profitable, there is no satisfaction in itself, and of course that way makes us lazy to develop into a pro trader, because we will always depend on copy trading, hopefully we will soon realize that. We can pay attention to those who copy trades, for example experiencing a loss, then he will dramatize, this is different from trading alone where loss and win are our friends, that's a normal thing, and we can take lessons to develop ourselves |
|
|
|
I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.
Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?
depending on the amount of capital you use for trading, if $ 50 - $ 100 is a 1% profit from the capital you use, then this can be said to be reasonable, day trading is something complicated in my opinion, but if you want to do day trading, I suggest not to be result oriented in mathematical calculations, because the level of risk is higher than investment, it can happen that we lose capital because we are reckless in trading which is not as easy as we think |
|
|
|
And I think the problem is not on them, but the bad guys who take advantage of it and appear in the news which was heralded by the media.
When someone misjudges a problem, it's their fault, they have no knowledge of it but always think they are intelligent and right. So I'll take it as their fault. If someone thinks bitcoin is related to crime then ask them, crime came first or bitcoin came first, and what criminals used before bitcoin. Like gun crime, the crime here is the gun user, not the gun maker, and it's not the gun's fault. It can be said that crime is formed from human behavior. Those who understand that but still insist on blaming bitcoin, you should stay away from their stupidity to avoid wasting time. Of course crime occurs because of opportunity, and that opportunity is to earn money, but of course there are many ways to avoid crime. every development, of course, there is a negative gap at first, but it will decrease with knowledge and ways to avoid it, so that in the end it can be said to be safe. something like this is something that is natural, so each person's personal assessment must be able to think broadly about the advantages and disadvantages, so that it can be corrected from time to time until it approaches complete goodness |
|
|
|
If Bitcoin hits $ 1 is the moment that everyone has been waiting for and dreaming of. in a matter of minutes the price will shoot up again due to booming demand. but, that's impossible and doesn't enter my mind. Just people's illusions OP.
So, what's really happening right now is what you need to know, Why does the price of BTC fluctuate? Well, one of the reasons is that the whales (investors who own a large amount of crypto assets) are still free to take bitcoins at a much cheaper price than before at the expense of "rekt" traders and that is when a large number of influential traders bet on the price of bitcoins moving in one direction.
What is certain is that it will not happen. Because everyone knows that BTc is the best performing asset in the digital era.
those whales still able to manipulate the bitcoin market. me as small trader will only follow the market trend, and I am okay with it, i still can gain some profit from it. i also see BTC as the best cryptocurrency investment in this world, this is the reason why I hold most of my btc for long time without any worry. I don't even think that it will back to $1 anymore. if the price reaches $ 1 again then I think trust in bitcoin will fade and cause antipathy towards cryptocurrency. just imagine, of course, many investors are running away from the crypto world, considering the current price comparison is towards $ 1. but I think it's difficult to happen, considering that whales are currently not as easy as in 2018, which was a lot of FUD and was successful at that time playing the psychology of investors, but now investors are much smarter |
|
|
|
|
sometimes it is human nature that leads to misery, in a hurry to immediately make investments so that they are like their friends who are already successful, unknowingly not having a background in knowledge about bitcoin, so bad things happen. therefore knowledge is very important before investing, the rest we can invest calmly. Of course panic selling is the main obstacle for novice investors who see prices actually dropping, and the fear that all the money will run out, and after that many say that bitcoin investment is a fraud, even though they themselves make mistakes
|
|
|
|
I think everyone knows the answer but still undeniable to accept the truth. Because believe it or not, we all want to save and leave good amount in our bank account and yet, we keep on doing poor money management and still doing things that would ruin our finances. So never expect that fiat will stay in our hands for long, unless if we are also blind to see that we are spending more than we earn.
And actually nowadays with increasingly advanced sophistication it makes things more practical. Included in shopping can be via cellphone and goods come to our house. This convenience and practicality is sometimes a big obstacle for those of us who want to live frugally. Because we are even tempted to buy things that we see in online shops / online shopping applications. Holding physical fiat or holding our fiat balance in digital applications will still be the same, that is, it will not be easy to hold if we cannot hold ourselves well in spending money. This is where the importance of strict financial management and discipline. But it's not easy to start. the more we hold fiat, the less valuable it is, because inflation continues to increase. basically the fiat nominal that we hold will remain the same, or even decrease, but the value will certainly continue to decrease, therefore it is not wise if we invest in fiat currency, because there are no benefits, it is best to set aside fiat just for just in case there is a sudden need, and I don't think that too much to hold on to, the rest can be invested in more prospective fields |
|
|
|
|
if I have a lot of money, of course the real estate sector is the main choice for investing, on the other hand by owning property we can also rent it out, so it is safe to invest and generate passive income. the second is that cryptocurrency has a greater risk because of its fluctuations, but if we know how to handle it, of course it will be profitable, but we can't take it every time we want, because we have to consider the market that is happening. while in the business world we must know it in detail, because if not it will be useless considering the capital we spend
|
|
|
|
Basically, it is difficult for us to know about Elon Musk's purchasing plans this year. Such individual investment policies and purchasing plans are often not announced or known for certain in advance. Elon Musk is well known for making innovative and sometimes unexpected investment decisions. However, given Elon Musk's past buying history and interest, it is likely that his major purchases this year include investments in renewable energy, expansion into other transportation sectors, expansions in artificial intelligence and robotics technology, and space exploration research and development.
Elon is a very difficult man to predict when it comes to purchasing assets and for some time now he has been kind of quiet with assets been he is seriously focusing on his space x project after bragging about building a hotel on Mars, let us keep waiting and see how the project goes, and I love Elon creativity how he uses the information to solve a problem, and in the case of solving a problem the man is making money, and going into renewable energy not also benefits the entire environment and linked to human health talk about tesla, it a real problem solver so let us all wait and see what he comes up with. He is not an easy man to predict about anything at all. I mean him buying twitter alone was unpredictable, even he realized he was making a mistake after a while but he decided to go with it anyway, which resulted with him doing it by force because of court ruling. In the end he got it and turned it into a horrible place. So, the fact that we may not know what he might buy or promote next is normal, because we wouldn't know, since he probably doesn't even know it himself right now. He liked doge for a while, and not really a long time neither, and that resulted with him promoting it and yet not really making it go that high himself, people saw his tweets and bought because of it for some reason, not a good reason to buy a coin if you ask me. I don't think anyone will ever know what he's thinking either, because that's a company secret, but I'm sure someone like Elon Musk will always come up with something surprising, just like the previous doge which just kept on leaving him, like the X symbol that just launched, which of course has the pundits wondering what it's going to do, but I guess that's in elon's reckoning. and of course until now the news about Elon will still be awaited, because it seems that it still has an extraordinary influence |
|
|
|
At this level, I am well informed about Bitcoin and its securities, I have read on the forum how Bitcoin and cryptocurrency trading has changed people's lives, and I am kind of interested in acquiring skills, I have read in many other threads on how risky Bitcoin trading is.
But at this point, I will really like to know whether or not Bitcoin trading is a means to gain profits during market speculations, and how possible it is to make passive income through cryptocurrency trading.
Bitcoin and all cryptocurrency trading is very risky. If you learn properly and trade you will be benefited but without proper knowledge if you wabt to trade you will be big loser fron cryptocurrency trading. So at first you need proper knowledge about trading. I know you learn from this Forum and yoy search and read Bitcointalk thread. You did well, i think The more you learn, the better you will do. For bitcoin trading you can shere your fund three part, one part for long time hold, one part for mid time hold and another part for short trading. If you trade following this way your losing Chances will be reduced. And there will big chance to profit. short-term trading has the greatest risk, which requires complex knowledge, therefore if we divide our capital for the purposes of the three types of trading, we can choose long-term trading at first and place most of our capital in this type of trading, and while learning we can start short and medium term trading, that way over time we can make a profit instead of losing, on the other hand we can still enrich our knowledge about trading, many people immediately do short-term trading because they have the ambition to get a lot of money, this kind of attitude must be eliminated |
|
|
|
Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.
Spot trading is also not a very easy task, a beginner can buy some kind of coin and after that a long fall will follow, without proper experience, in the end, he can sell and fix losses. At the very beginning, everything should start with the choice of a coin, and the beginner will need to decide what he wants, choosing a high volatility coin can bring both a good increase and a significant fall, so spot trading also contains very significant dangers, but it will definitely be more understandable than futures. of the two, the most important thing to pay attention to is knowledge, without sufficient knowledge it will create big risks. just like we buy without knowing the characteristics, if altcoins will certainly have greater volatility then if after buying and there is a big decline, so what should we do, it is a difficult decision for most people if they don't have enough knowledge, maybe we hold on to it or take a cut loss, and of course to take that step we have to have a reason |
|
|
|
|
Show Posts
