To succeed in trading we must have patience, do not rush to make profits when trading. Because chasing instant profit in trading
will only lead to losses, a lot to consider in order to determine the right purchase price. Do everything according to the basic rules of
trading, do market analysis first. After that we can determine the right strategy to be able to generate profits when trading. If the price
drops suddenly, don't panic, stay patient and wait until the price goes up again.
You are right, we should always analyze the market situation and also on which coin we are investing. Yes, we should be very patient in trading because without patient it is impossible to make a profit, day trading will work only to those who have trading skills and inexperience trader will lose their money in day trading and we should be cautious. Both were saying my words what i have said many times on forum .We have to be patient when you are doing a trade .Don't sell it hurry and even buy as well .One more thing i wanna add which is you need to give up your greediness to make your profit ratio high .This is the mostly reason to loose .So we have to careful on this . |
|
|
|
When i have time i go to local market to check prices
Vegetable prices doubled
Fruit prices doubled
Meat prices around 30% increase
Grain products around 20% increase
...
And my country is a exporter of food products
How is it in your country ? Same ?
Almost everything in the market increasing except the salary and because of this pandemic many people lost their job and other still work under time. How much they can get? Is't enough to support their daily needs? I think it's a big NO. Hoping that government will do something to provide solution for peoples needs specially the basic needs that increasing it's price. The government must do something to support the agriculture which is the primary source of foods to supply the country. Same here as well .A lots of crisis are being made in this pandemic situation .People are become jobless and the prices of food are increasing .I have seen lots people lost their job even in my factor which is a textile company .If there is no solution about vaccine we can meet more trouble in future . |
|
|
|
How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
What are your views?
I have seen this type of question many times but i don't think it will make any impact on the crypto market .Lot's of trader said if Biden win bitcoin can crash but see the trend is going to the moon .So cryptocurrency is a great platform it's not control by president .They can just make new rules which may affect but not much for sure . |
|
|
|
Don't judge new projects if you haven't do your own research on the project first, the moment I came across Avalanche few weeks ago before they raise fund I knew it's a high quality new project, if you don't check it out first you will never know, so before judging do some digging first, who know? It might not be what you expected.
Its really true that we have to research our self .I have said many times on forum that we have to do our own research that's how we can improve our knowledge behind the upcoming project .You can follow other expert research but you don't depend on it to invest .Do your own . |
|
|
|
Since ICO investment is very risky as it depends the new startup whitepaper and the token, how did we know Ethereum would become successful through it IPO?
If Ethereum is to start afresh and do an ICO, why will you invest?
As long as there is no security for your investment it's always risky for the side of investors even its ICO or IPO the results can be the same. For ethereum yes they are offering something to crypto world that other coins can't solve so if they start again their ICO I will surely invest in them. Can you imagine it that Eth start ico it will never happen once again .We need to focus on upcoming top project which has a strong base and idea of business that will help the project rise rapidly .I always research myself the latest project and invest on it wisely . |
|
|
|
Since PayPal just announced that crypto trading and payment services went live in the US, do you think PayPal may turn into a big competitor to existing cryptoexchages? They can also launch a crypto-currency trading desk as well, why not.
Yes why not ,They already accept crypto as transaction way .The door has just opened many more are coming .If they open a trading desk they could open a exchange as well .So we have to be patient and see what are big coming with Paypal. |
|
|
|
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it. Chainink 20181.04$ 202012.89$ Ripple 20181.87$ 20200.25$ Litecoin 2018239$ 202065$ Ethereum 20181337$ 2020463$ Only Bitcoin is real and lovely cryptocurrency that is loved by by all crypto lovers. We have seen $16k in December 2017 and after 3 years recovered with many ups and downs. It has touched its glorious point again but still other top coins can't recover. Ethereum is still 3x less, LTC 4x less and other coins are nearly same position comparison to 2017. It proves that only Bitcoin is real and it can't be give comparison with any altcoins. Yes its really true that we love bitcoin for all the time .You mention the less recovering process of altcoin but eth is still on the 2nd position with huge amount of volume and transaction .I think when btc become stable altcoin will get the bull run and will be recovered as well . |
|
|
|
Bitcoin is the sure investment for everyone mostly those with the aim of long-term.
Before this time, bitcoin got to $16k in 2017. In that year, it proved to be the best cryptocurrency of all time. And recently, it had a touch at that level, we are likely to keep seeing such and altcoins will begin bull soon. Etheruem as the altcoin leading all others is going to start a growth back to the ATH. Yes we have touched the 16k$ once again and leading the market as it was in past .On the other hand ethereum also leading the altcoin its still on the 2nd position without beaten by other .It always prove that those are the best project ever .I hope btc will get new ATH level soon. |
|
|
|
So I just noticed this at a football match between Turkey and Croatia. There is a sponsor called BtcTurk.  I was curious and went on to check if it had anything to do with Bitcoin. Turns out it did: https://www.btcturk.com/Its really a positive sign that how fast btc is growing over the world .I think its a best choice to provide a advertisement there .They have choose the best option to promote .So i think it will be great idea for more upcoming days to promote btc . |
|
|
|
Titan Coin is a zombie Alt because it is terrible to see the price ATH of this Alt which once reached $1300 but now the price of this coin only $0.00350623 and it is stupid if someone willing to bet to buy this Alt because the price comparison is very far.
This is the first time I am hearing about a project called Titan. May I know when did the coin reach $1300? TBH if a coin ever got dumped from 1300 to just .003 that coin would never be in my portfolio. I also never heard this coin named in Titan .Is really any coin get dumped after hitting 13000$ .Its only a shit project if anything happen like this .However i really research heard before invest .I will never buy such a coin which has got really a shit dump. |
|
|
|
|
Trading is tough way of earning in crypto .We can still earn a lot of from here if we get lots of experience behind it .You mention the three reason behind making of loss but i think we can avoid these three things .I can added here if i can control my emotions and greediness we can surely earn from trading .Besides we have to learn and follow up the news all time to get more profit as well .
|
|
|
|
It may be in the next days ethereum will be passed $500 rate. In my opinion if it's quite difficult for ethereum to break another resistance on $500 and $600 consider there's a problem with the ethereum 2.0 and the news about infura was getting down has been creating a lot of FUD for ethereum.
We will see what will be happening but im sure $500 can be achieved easily. it's very interesting to see bitcoin gets another pump again.
if bitcoin pumps up again. this is bad for Ethereum, definitely bitcoin dominance will also be higher and Ethereum will find it difficult to get to $ 500, in fact I assume there will be a dump that occurs in ethereum to the point of support. If you are talking about a short term yes that could be bad for Ethereum for a short period of time . But why wouldn't you go long time for it ? Surely after a bitcoin pump most of money will split into altcoins and we will see a decent pump on other coins Market always go with itself .Eth is going with the uptrend along with btc .If btc being stable we can see a huge uptrend by eth .So it will be better to hold eth for long term .Now the eth is around 466$ surely we will see at 500$ mark soon .If we buy it here short term we can still get some profit . |
|
|
|
The hype is building around and everyone wants to participate and not miss out on the pumps. I personally will hold some ETH before this time and also try to buy the 32 ETH to join if I am able to raise the funds.
Yes the hype is on everywhere cause it is eth 2 .Eth has proved already they have strong platform that's why investor are coming to invest on it .Its not a huge amount actually who have the fund can invest 32eth .I don't have much fund but hopefully i can invest a few on it . |
|
|
|
Would you rather auto-trade based on an algo strategy bot, or have the bot auto-trade based on a live trader?
I think it will be risky to trade by a BOT .I never try it but as i know its a default strategy made by a trader which will act as a bot on trading .But you can loose your money if bot started to get loss .On the hand sometimes you can earn though but risk factor in all time . |
|
|
|
Bitcoin has risen its price from the start, which was $0.08 per coin until now which is $14912. today, I was reading a post on CoinBazar724.com which was directed from cointelegraph.com saying that BTC may reach to even $17k!!! Do you think this is possible? Anything is possible in crypto market .Btc is now on around 15K$ .Its so near to 17k$ .If we got good bull run from here we can soon touch 17k$ .It is already on uptrend now let's see how market behave with us . since BTC is not remained too much, some people say it may even reach $100k!! in this manner, do you think it is worth the risk to buy bitcoin?  Bitcoin is always worth when you buy a uptrend .It is might risky on short term but you can easily take profit on long term but you have to be patient must . |
|
|
|
Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go
1. Learn to control your greed
This one is easier said than done. Human being is naturally greedy, myself included  . If a newbie has an opportunity to earn more then I think he would go for it not minding that it is already greed. Only time and experience will teach him/her the lesson about that thing. Yes we all are greedy naturally .I made huge loss in early life of crypto .Then i tried to learn much and also try to control my greediness .At the and i have been succeed and i did earn a huge amount by trading .I still try to learn from the market and control myself and trading .So i think all you guys need to be patient and control the greediness to earn from any platform which is legit . |
|
|
|
Everybody is desperate for money, most especially those who are in very bad shapes, the possibility of having a settled mind to learn will be low, if you are this type of person I suggest you invest in binance IEO, this is the surest way to double your money but binance launchpads don't occur every month, it takes time
Its a great and true way you have suggested .I think it can help us to double our money .He/She could follow the Binance launch if any project found can invest .It makes a sure money as we all know . |
|
|
|
This will increase the creativity in bitcoin world.Have we thought of this, I’m seeing bitcoin leading the world as the world power cryptocurrency.If a president of the world power is a trader and in support of bitcoin, It will affect bitcoin positively, countries,people will now start to legalize bitcoin on their own.So it will be great if this happens, I do understand that bitcoin is not a physical cash, that doesn’t stopped anything,You can move with millions of dollars in your wallet as bitcoin. It will be a positive impact if this happens.
Its true that if the president support bitcoin it will be a positive impact on the market .Suppose we think the president legalize everything btc will lead the world as a currency for sure .On the other hand bitcoin are using as a currency all over the world .We can easily transaction it without wasting any time .So i think crypto is growing fast . |
|
|
|
|
Now IDO is getting so hype .Most of the project are coming with IDO .I think IEO is much better than all.It is more safe than other system and also more secured .However a good project always m=can reach their goal at anyways which they follow .Still some good ICO project are running .SO we can say good project can be succeed either it ICO,IEO or IDO .
|
|
|
|
Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?
The prize going to up rapidly .I said many times it could touch the level 15k$ mark at the end its come true .It has overcome my prediction .However the way its going we can see 20k$ soon hopefully it can happen at the end of this year .Still we have some time to filled our wallet with btc . |
|
|
|
|
Show Posts
