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To tell you frankly dude, I had been doing trade in cryptocurrency but I never try to use Trading analysis, I always based it on the actual
happening in the platform exchange. I just observe the movement in the chart then I see the line is giving a signal to buy or sell I will do it immediately of course. But this what I did is not simple because it needs timing implementation when we do trade in the platform.
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Without using stop loss in trading that will be too risky for the individual traders for sure.
Just like me, I don't use a stop for so many years only this time I realized that it is important for each trader to
maximize your loss even you are sleeping then if ever you set it up.
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Literally speaking people can live without banks. Because just like me I had been here in this world where I don't have any bank accounts honestly speaking. Even up to the present I don't have any bank account in any of the bank companies. Even I do trade in cryptocurrency I just converted all the profit I got into some apps wallet that is connected into Bitcoin then after that I can encash my earnings through the remittances outlet that We had it here.
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Bitcoin is satisfying to be an instant liquid currency and also satisfying to be an asset like gold. What is the meaning of "satisfying" here? Liquidity in bitcoin is still very difficult to attain. Many countries dont allow it to be transacted and some have been banning the use of it. Fiat is more liquid here. Bitcoin should also not be compared to any precious metal. They are many difference between the two. Price is not a point is comparison of assets, rather the asset class is. But currently, the bitcoin market capitalization is too small compared to other currencies or assets, so bitcoin is easier to manipulate, Correct statement but wrong conclusion. Manipulation exists in every market, just that we dont see it clearly. It is a half-truth to sway on that motion but without volatility there would not be any interest in trading an asset. Institutional capital helps manipulate bitcoin - it is possible but not confirmed and neither provable. This should not matter to retail investors though. What is lacking is regulation but that is a topic for another discussion. especially with bitcoin derivatives such as margin, future, ETF. is riskier in investment. But those are niche products to trade on. Not every exchange allows those. Moreover, ETFs are not yet prominent in BTC yet. Yes, before there are some of the countries don't like Bitcoin and they banned it as well, but as time goes by there are also some country who banned Bitcoin revoke it, were right they've adapted the concept system that bitcoin has. Meaning, We cannot deny that some of the institution capitalist are investing into bitcoin too because they something about it wherein some didn't see it. |
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I think this is every worst situation for all, especially those who are suffering from the pandemic, so we have one option that is to find a way to turn it into positive.
Many died as well, lost our jobs, our businesses, and everything, so we really couldn't say it's a blessing. But in this condition, we should just look forward and think about of next-generation future. otherwise, our upcoming generation will also suffer as now we are facing
Nowadays, each and every one of us in the entire world really need a self-motivation for us to move forward, even we faced a bad situation for a couple of months, this pandemic must be the reason for us to succeed in life in the future. Even it is not that easy where many people died because of this COVID but We don't know the reason why the almighty God in heaven allowed this to happen, maybe there is something that God wants us to realize or it could be a lesson as well. |
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As I can see and notice for what happened now this pandemic, We all know that Covid-19 is the main problem of each country that has been affected by this virus, but to be honest in my own little way the is bigger than a problem with this COVID, and that is some officials in the government takes advantage of this pandemic to steal the funds coming from the healthcare insurance. These must be punish were no one is above the law for every nation.
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Because of COVID-19 many people realized how's online business really needed in times like this pandemic.
Cryptocurrency is one of the good opportunities for us to earn online thru doing trade in crypto space.
And this has been proven and tested to me. I have no more to say but really happy for being here in the crypto business
industry.
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Bad influencers will always be there they can't be gone but we can ignore and avoid them so that our mind can't be brainwash by these bad people anyway. Think that in this world there are Good and Bad people, so they are the bad ones, which means doing bad things or habits was already a part of their personality as an influencer.
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Changed 30 dollars of dgb for 20 dollars of ethereum. Change exchange. To limit of the scam
Correct me to my understanding about this one, you bought DGB worth 30$ to someone else? am right? Then, after you do it the person gave you 20$ worth of ETH? right? So, if this is the situation, why did you agreed to this kind of transaction that in the first place you already lost 10$? |
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Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.
Defi at the present time now, no doubt it is very trending now. Some of the popular influencers in the society made a video and uploading it on Youtube and other to say that defi is a good one to choose. But to be honest other's said was true that not all coins in defi can give a nice profit in the end, it is still good to trade in cryptocurrency of course. |
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Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
I cannot deny that because of the CoronaVirus each economy of the country really got affected by this pandemic together with the real currency in the stock market. But Bitcoin or crypto space is not affected by this pandemic to tell you frankly. It is because even during a pandemic period in terms of the source of income I'm not quite well affected by it. Because I can still do trade to obtain earnings. |
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How come that it became an interesting article for you? Don't you know that because of coronavirus or this pandemic, almost the majority of the country got affected their economy because of this COVID. Therefore, whoever the promoter or owner of this coin is worse than a virus or bugs. The owner of this coin or the developer is taking advantage of the situation to use this to gain money and to obtain that they will hype or deceive the community nowhere in the forum to invest in it, so be careful about this one. |
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I started cryptotrading months ago, and I had the chance to test few of the best trading platforms and here is my ratings.
Binance (Excellent)
KuCoin (Excellent)
BitFinex (Excellent)
Poloniex (Satisfactory)
Bittrex (Satisfactory)
Kraken (Satisfactory)
HitBTC (Good)
GDAX (Good)
CEX.io (Good)
BitStamp (Good)
Huobi Pro (Testing)
BitFlyer (Testing)
CoinOne (Testing)
Upbit (Testing)
Bithumb (Not Rated Yet)
OKEx (Not Rated Yet)
Drop the list of your best trading platforms here.
Well, for me the best trading platform only is Binance, Kucoin, Houbi, Coinbene, Bitforex, Okex, Upbit and Bibox, these are the exchange were I used so far and it gave anyhow a nice profit it may not large but it can help me out to sustain all the expenses that I need to pay and to get all my needs commodities. |
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Hey,
I would like to know some advice and information which will be really helpful in my trading journey. I have invested $500 for the start and I am willing to learn and invest more.
The advice I gave myself in these 2 weeks is that If any of my coin investment is going low in price, I just need to hold and wait for it to come back at the profit level.
I am sure we have traders here with vast experience.
Really excited to learn new things.
Since you are new here in crypto space and willing to start your journey in trading skills, I can give you a platform where you can practice trading and also can earn too. If you wanna know how? here is the link https://nominex.io/?r=21375 you can sign-up there for free, once you have an account over this platform you can participate in the Demo arena where the platform can give you a balance of 10, 000$ and you will see this in your balance, but can't able to withdraw it. All you need to do is to use that balance in any of the coins there that you want to trade-in. Once you are one of the participants in the Demo arena you need to become one of the top 30 traders so that you can receive a reward. |
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Buying and hold is not the main basis for us to say that we could earn well in the future.
Always, remember that before buying coins in any of the exchange sites platforms, make sure to yourself
that you know the coins you are choosing it so that in the end you won't regret it.
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If earnings money in the real currency was too difficult to gain it, how much more in cryptocurrencies. Am I right?
Because, most of the community here in the crypto space, they may have a lot of knowledge about in the altcoins but their earnings
here in this field of industry is not quite huge it could be more or less moderate only something like that.
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what are the coins or tokens that you hold at the moment and explain why you choose that
hope this can help others in choosing what cryptocurrency is good for hold and has a bright future ☺️ .
personally I invest in XLM and XRP , is both coin are good as a long-term investment ?
My favorite now was Chainlink(LINK), ETH(Ethereum), and XRP(Ripple), these 3 for me are really good in the long term holdings aside from Bitcoin of course. All of them actually have a brighter future. although, other altcoins out there still are good in the market. But you can do your own research to find out. |
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I'm not a fan of Defi, and I don't believe that it can bring it down the price of bitcoin in the market.
And for me Bitcoin and top altcoins in the market are the one still hot of course not Defi, maybe you are one of the
defi fanatics, isn't right?
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Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion
No one can explain to you the exact happening in the market. Don't you know that the market was too unpredictable, and that's because of volatility no fixed value remains. Even the experts couldn't say perfectly about the situation happening in the market too. I also don't believe that is because DEFI of course not! |
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Let me explain it to you in a simple way dude, as long as Bitcoin community supporters believed in it, surpassing its price in the market will not happen. Ethereum will always next into bitcoin in the cryptocurrency business industry always bear that in your mind. Even ETH built a huge community in different countries not enough to say that ETH can overpower Bitcoin in the future, hope you understand.
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