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81
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Economy / Trading Discussion / Re: Experience with Trading Bots
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on: April 26, 2021, 03:27:53 PM
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Hi Guys,
i have been in the crypto world for a little bit but not to long- bought first BTC end of 2017 begin 2018 (and some Alts as well) and sat trough the whole bearmarket.
Also have i thrown some money into shitcoin ICOs.
Since this bull market i tried trading a little bit (doing "okay" nothing special but its alright) as i have a job where i work often long and @#%*& underpaid hours i dont have the nerve and time spending my spare time infront of the PC to check the charts and do active trading.
Has anyone actually had some good experience with (right set up) trading bots?
If so can you recommend any - that would be nice!
Or have you maybe some warnings about risks and scams.
Thanks in advance for the answers!
Kind Regards
AD
The best and legit trading bot right is the Kucoin bot. It has a DCA and Grid trading which is perfect to newbie traders. It has built in suggested bot setup base on the price history of the coin so you can just use the default setup. So far this is the only trading bot that I know. The rest of the trading bot offered by a random user is most probably a scam bot especially if it is from a newbie or lower rank account. i want to know if kucoin trading bot is always accurate? Does the Kucoin trading bot have a low risk of error? I am curious about the Kucoin bot, traders always talk about it and I want to be able to know more about the Kucoin bot from experienced professionals |
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82
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Economy / Trading Discussion / Re: Is there such thing as a “safe strategy”?
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on: April 26, 2021, 03:13:42 PM
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safe strategy? what do you mean avoid loss?
there is no safe strategy in trading. even though in the IEO / ICO you still have the risk of loss. the most important thing is how we manage our assets properly, think about something positive about our investment, if the investment we make will have a large profit. This is a logical strategy that usually works because it encourages us to be more confident in managing our assets
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83
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Economy / Trading Discussion / Re: OH YEAH FRUSTATED TRADERS.
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on: April 26, 2021, 02:51:33 PM
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FOMO is one of the big enemy that needs to be conquered if you want to succeed in trading and investing. alot of people usually neglect investing at the early stage but only wake up to join the train when its halfway or near the destination. the oppression from friends and mates is also one of the things that make people fomo. thats why its always important to keep your emotions under control. dont be oppressed by anyones profit, you will make your own if you do the right thing. i read comments from lots of traders that are lamenting of their loss because of fomoing to buy the top. one important thing to always remember is that there are alot of opportunity, all you have to do is to find them early and buy into them.
Sometimes someone follows in the middle of investing because they have to take time for them to believe that the investment chosen is correct and matches their criteria. so it requires analysis for investment so as not to get stuck on FOMO |
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85
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Economy / Trading Discussion / Re: Crypto trading signal work or not?
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on: April 25, 2021, 03:16:42 PM
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You might want to check out also free crypto signals groups there are also legit ones that you may find.
Try joining a telegram group like /freepfsignals, this is one of crypto group I've been following for a while.
I can say that they're legit and will always answer your query anytime regarding their platform.
Hope this helps you.
joining a telegram group like the one you follow is a must-do, but I think maybe we should still rely on our skills to be able to keep trading well. so trading signals through any group are actually good, it's just that we need to keep doing our own analysis based on our skills |
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86
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which is best Altcoin to buy now
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on: April 24, 2021, 04:52:08 PM
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there are many options in my portfolio list and you can follow my porfotolio if you wish. now there are ETH, BNB, ADA, POLKADOT and some coins in the top 10 coinmarketcap that you can make as an option. I think this is a good way because you can allocate your money in these coins
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89
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Bitcoin / Bitcoin Discussion / Re: If I die can someone achieve my btc.
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on: April 23, 2021, 06:49:53 AM
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I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
so maybe I would advise you to keep most of it in a hardware wallet. then you can use an exchange like binance for small scale storage, this is useful for you to go shopping or anything that uses btc payments you can only do it by scanning a QR code. it is very easy and you can also store your btc safely |
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90
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Bitcoin / Bitcoin Discussion / Re: Government ban on crypto
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on: April 23, 2021, 06:40:22 AM
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maybe the US applies the rules of bitcoin not to legalize or illegal, but the US government provides more rules where bitcoin in the US must run according to the rules and directives of the government. it is natural, because each country has its own rules for what is in the country
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91
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Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM in a gas station
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on: April 19, 2021, 02:43:21 PM
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This is very interesting to be used as motivation by many countries in the future. but I think the placement of bitcoin atm gas stations is not very convincing, I see if the placement of atm is better at the airport or at the station because there are places that are always needed by many people. |
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92
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Bitcoin / Bitcoin Discussion / Re: Government Controls Crypto?
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on: April 19, 2021, 02:23:50 PM
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Ok so there are people who say that crypto is decentralized and cannot be controlled by the government. How can this be true when the government can shut down the companies or networks where you are able to buy, sell, or send crypto? What do you guys think? Do you all think that crypto is truly decentralized and cannot be controlled by the government or can they? Maybe not directly but indirectly controlled?
governments in every country are different, because they apply different rules. maybe only in your country that applies such rules, not all governments in a country fully control crypto, they usually only give rules about crypto to their people who use crypto for a better purpose |
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93
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Bitcoin / Bitcoin Discussion / Re: Tenants to pay rent with bitcoin
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on: April 19, 2021, 02:13:51 PM
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the advantages of bitcoin are now starting to clear, bitcoin can be useful for a business. we see today the real estate business is one of the businesses that often uses bitcoin, but maybe in the future bitcoin will be more widely used to develop business. So I think this is a very significant advance in bitcoin |
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95
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Economy / Trading Discussion / Re: What is the Best Time to sell ?
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on: April 18, 2021, 09:20:23 PM
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for me, the best selling is when you get a profit, because we can see the price of our order. if you have got the best price maybe it can sell, the most important thing is not to be trapped in a panic sell because of the correction, that's not very good
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96
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Economy / Trading Discussion / Re: OH YEAH FRUSTATED TRADERS.
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on: April 18, 2021, 04:55:36 AM
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buying above because it is affected is not very good for the trader, we should try to take advantage of the best opportunity to be able to take the lowest positions and sell the highs because that is the way of professional traders today. so what we need to know is not to get stuck in the top position just because it follows the trend
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97
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoin would you Buy now and Why?
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on: April 17, 2021, 05:55:28 AM
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I will buy BNB. looking at the current price decline BNB can be seen on average on April 13-14, the price of BNB on coinmarketcap is in the range of $ 574 while currently the price of BNB has decreased to the position of $ 536. this is a correction and could run higher for BNB when the correction is over and the potential for BNB remains large
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98
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Alternate cryptocurrencies / Altcoin Discussion / Re: 1 Million BNB Burnt today
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on: April 17, 2021, 05:37:31 AM
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maybe the effect of the increase in BNB can be seen in the future, because the BNB market is very large, they when burning a large number of tokens cannot immediately increase the price. So I think this burn is the initial stage for BNB to go higher in the future
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