i have seen a bunch but none of them could keep performing well since they aren't really "AI", they are just predefined scripts that perform the same action based on a bunch of conditions that were hardcoded by the developer and since the altcoin market is extremely unpredictable they always end up "confused" and lose you a lot of money. all is needed is a simple dump or even a pump to screw with the bot completely.
Using a bot in trading? I'd rather make myself better in trading that use a trading bot. Trading bot is not that effective in any situation especially if we know that the market is not that stable. Your strategies should depend on your technical analysis in the market, you are the one who are responsible for the result of your trading that's why you should not rely on a trading bot. I already used a trading bot before but I don't find it really effective when I want a huge profit in trading, it just increase more risks for me. But I suggest you to try Gekko, that's a good trading bot that you can try. Just be careful on using it and always check it so that you will not have a huge losses. Failure and losses are unpredictable in a volatile market. |
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For example, if you own options when implied volatility increases, the price of these options climbs higher. A change in implied volatility for the worse can create losses, however, even when you are right about the stock's ...
But a high volatility in the price of an underlying also means that there is a higher chance that the underlying price ... So even though there is a possibility of prices falling, you wouldn't mind paying higher premiums in a volatile ...
There are factors that really affect the volatility and intensity of changes in price of bitcoin, just like the stock market and other economic factors. High volatility can make highs and lows in improvement of bitcoin's price, you just need to deal with it in order to achieve your goal in making a cryptocurrency as your asset.Just don't be so affected if the bitcoin's price become low, hope for its improvement and believe on its ability that it will increase its price in a certain time. When you know that price of bitcoin will increase higher then you should be careful because there is probably a huge drop in its price after that. |
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1. I think that criminals - especially very young ones - are doing that without really considering that they can get caught. ("I can easily outsmart them.")
Maybe, they are just unaware and they are very confident in stealing money and turning it into a cryptocurrency is an outstanding move for them. The only thing that they failed was getting caught by the authority, but it is still amazing that young people are able to do those kind of things even if it is against the anyone and especially to the authority. 2. The history has shown what great stuff can happen in 10 years. The finite supply of Bitcoin makes it best to hold for very long term, like 10 years, the chances to get sky high are very good. Bitcoin is getting more and more robust and the chances it'll fail and get to worth only pennies is slim. And if it didn't fail, then it's only a temporary drop (and they may have to hold a bit longer, although each drop has a considerably higher bottom than the previous and they may not need to).
Bitcoin's price only matters it undergo a huge improvement or increase but if its price is stable and in a downward position in a market, then it feels like a dead currency that you should not use in transactions. That 10 years will really make a huge impact to bitcoin's price, we just really don't know if it is a good or bad changes in price. |
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That's what actually attracts cryptocurrency trading to a lot of people: the huge volatility. Huge price swings, means a lot of opportunities to make(and lose) money. Pretty much higher risks with higher potential rewards.
It's volatility really makes it more thrilling when it comes to cryptocurrency. You don't know when will the cryptocurrency value will increase that's why you need to study the market and learn trading signals that will help you to achieve proper timing. Trading really gives you huge profit depending on your management and control, strategies are important, as well as technical analysis. If you're losing money trading(I assume, hence why you made such a topic), go trade with a virtual portfolio for now. eToro has a virtual portfolio feature whereas you can trade as much as you want with just play money.
The only thing that I do when i lose in trading is that i reflect on myself and search for the root of my failures, and after that, I try to improve my self and become better. Virtual portfolios are really helpful to make yourself familiarize on how trading works. This will help you visualize the true happening inside the trading platform if you don't have any idea about it. |
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The world keep continue for growing their economic and lost population to make economic keep exist for long term, they will try thousand way how to get benefit from each opinion giving to public, now day many countries faced economic crisis with covid 19 and they have looking for new way how to stop this virus and bring back to recovery economic world.
Once the Covid-19 become weaker and the number of cases shrinked , little by little the government should allow small and large businesses to operate with a new set of rules and regulations. By that, businesses will be able to pay reasonable taxes and I know that there is still a virus but somehow we can recover from economic crisis slowly. It is not that instant, I know that it is hard to handle the safety of all people. The government should advertise precautionary measures to keep themselves away from the risk of getting the disease once businesses are open. Right now, the government should focus more on helping the hospitals do their duty and eliminate the virus by allocating them the budget to handle and treat people with proper equipments. |
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Spending bitcoin should be more complex and worth it. You should not waste every amount of your bitcoin in your wallet and as soon as possible study the market. You should always keep in mind that good decision making is essential in bitcoin transactions and also in every market situation. Bank accounts are no longer necessary. No discrimination.  No, even if you can legally spend bitcoin anywhere and anytime, you still need to have a bank account to refill balance your bitcoin balance in wallet. So far I have not found a way how someone can buy bitcoin on the exchange or a bitcoin atm without a bank account. Banks are still a safe place for your fiat, although you have separate wallet from your bitcoin, you still need it. Bank accounts are still reliable for some other transactions where you need to refill your balance if you want to. It is better to have two wallets with a different type of currency so that you will not have a problem if you buy bitcoin on exchange. |
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Yeah, It is better to have your own knowledge and not depending on someone's signal. Maybe they can profit on some signals but it is different when you do it on your own. Those signals are not consistent they could mess up, they are just traders too not fortune tellers. Being independent is a great thing especially on trading. Beware of fake trading groups for me it is better to avoid it.
Learning signal trading is really important as it will make you able to trade in time. Proper timing is what we need when we trade with our assets because if not, we will surely lose a certain amount in trade. I'm pretty sure you are panicking once you first tried trading but that's normal. Being aware about the market situation will help you become more confident and comfortable on your trading. Just become independent to other people, your decisions in trading should start with you. We have different strategies and for me, trading signals are much effective for me so that I will gain profits instead of losing money. |
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Because of the continuously cases of covid-19 in many countries that is the reason of shortaging of foods and many establishment and companies are cant operates thats why many economies are really down. Like others said if all people in every countries are need to use the health protocol that is a chance of decreasing the cases of covid-19 in every country.
That's the worst part, right now, we are still having a hard time to recover from this economic downfall. The continuous increase in covid-19 cases make us suffer the most as it also increase the risk of transmission of the virus. People can't go to work and buy food for them to survive, we are now undergoing a recession. Some people are unable to spend their money just to save it for more important circumstances that's why their is no market movements. Especially, if people wants to but their basic needs like food. I think that the only way we can stop recession is when the recovery is much more greater than the active cases. That's the time where we can recover and grow our economy again. |
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Based on my observation, the prevalence of bitcoin as a mode of payment in my country is very low, we have delivery services app and they are adapting on how to make a contactless transaction even with physical money as a mode of money, cash apps are the most prevalent because more people know what to do with it and it is also in our country's currency.
This is what we need right now, more transactions with the use of bitcoin. This will be a good way for bitcoin's mass adoption, it is not that easy to achieve it but I know this pandemic is a good time for it to happen. Physical money is not that safe right now, we all know that. We should explore other payment tools just like this bitcoin, there are a lot of currency that can be used as a payment tool. For me, I think the only thing that we lack is the support from other huge bitcoin users. This pandemic really bring a huge advantage and disadvantage to bitcoin, all of us are affected especially if you are holding a huge amount of bitcoin asset. |
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According to the news, there is an issue related to a suspension of visa for workers that Trump administration is looking forward to happen. Some workers are unable to have work because unemployment is their prioritize right now due to the risk of getting the virus. US economy is not that stable enough and they are still having a hard time to make their economy grow again. This coronavirus makes the administration become more careful in employing workers so that they can minimize the growth of this virus from their country. "No matter how you slice it, this is shaping up to be a big win for American workers at a critical time," said RJ Hauman
This will make a big way to some other concerns or issue related to their businesses and economy. The Trump administration should consider other options that will give some benefits on those workers who will not given a chance to employ. But plans for the order have already raised significant concerns among business and industry groups, as well as universities who depend on foreign workers and scholars.
The order would, however, make broad exceptions for travel in the national interest, including in the areas of economics, public health and national security.
What are your thoughts about this? Do you think that US will have an advantage on not employing workers due to this pandemic? Will their economy be affected by this suspension on high-skilled worker's visas?
Source: https://www.business-standard.com/article/international/trump-may-suspend-h-1b-other-visas-amid-rise-in-us-unemployment-report-120062100316_1.html |
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Look, we literally need to understand that this has now become something we need to live with, at least till a few more years or until a working vaccine takes place in the market. And for that, even if these bans have been lifted, there are still a lot more restrictions to be followed where temperature checks, wearing masks, sanitizing hands by washing them, washing your face after coming back from some place, etc. and many more measures are being taken by governments in order to save their citizens from getting infected.
This pandemic really brought us huge changes on how we act or communicate with other people. There are a lot of factors that are affected, especially the economy of our country. The government implemented a new set of rules and regulations that must be followed in order to have a more safer surroundings. There are new laws that will make us become more comfortable on how we engage with our environment. Hoping that this what we called "new normal" should help us recover from economic crisis as the government allow some businesses to open once again to have profits and recover from all the damage that this pandemic brought to us. |
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People should be smart enough before sending any money to unknown entities. They are also driven by the idea of get-rich-quick-scheme the reason why some are lured from it. But they have heard a lot of crypto scams already, so they should really be careful in dealing with this too-good-to-be-true offers.
There are a lot of professional scammers who are really good at fooling people, especially if you're not knowledgeable on how they do their scams. The good thing to do is to make yourself aware about your accounts, you should improve your security every month as soon as possible. Never trust easily, don't send money no matter how small or big it is. If you don't know personally the people you are sending your assets, then don't. You should look for their credentials if they are a good tool to use for bitcoin investments because some people are really ignorant about how scammers act. You should be vigilant in the things that can occur in a cryptocurrency investments to keep your assets from danger. |
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Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you
When the first time I tried trading, I only rely on these forum, read some articles, and watch some Youtube videos. I want myself to grow in trading because I know that I have a huge potential in doing that and make a lot of money. That's good if you're seeking some tips and advice from this forum, there are a lot of people who are good enough to help you in trading. Try to practice all of the things that you've learn so that you will know the actual experience in trading. There are a lot of things that you should experience in order to make yourself grow better in trading, you should experience some mistakes and failures. Failures will teach you good lessons in trading, it will enlighten you on how to correct your mistakes the next time you perform trading. That's all I can say to you, NEVER STOP LEARNING! |
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Bitcoin is going to be the better one, cash is losing value and keep losing it every year so people lost their trust in it. On the other hand bitcoin is growing technology and it is getting recognized recently for various reasons so time will let us know which is better to individuals.
Bitcoin is really much better because of its value that increase depending on the factors that affect the market situation. While in Cash inflation, it will just make the value of money to become lower due to the increase in the supply of money. We all know that if all of us have money, then its value will become useless because all of us can afford the things that we want. That's why Cash inflation is not the best option, it will just increase the price of the products, goods, including the stock market. Low inflation will bring huge advantage in stock market which is good for some investors. Bitcoin is volatile, but its increase in its price is much better than other options. |
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Will the same thing happen again, can we expect the new lows?
What are your thoughts?
I'm not a negative thinker, but this pandemic really affect a lot of factors in the market. As we are experiencing lows right now, all of are suffering and most of the governments are really having a hard time to recover from this downfall. We are not still in a process of recovery but the next wave of Covid-19 is approaching, probably that cause a new panic in most of the investors. Recession is what other countries are experiencing because of the lockdown. Market transactions can't be processed and businesses are still not allowed to operate because of the risk of getting the virus from its customers. Economic activities will surely be still postponed and the economic recovery will probably slowed due to closed businesses. |
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Bitcoin is not apart of the economic system. The only thing is when it does crash those that invested in bitcoin will lose their investment. If the stock market crashes, that usually means unemployment rises, and if you don't have a job, you won't be able to make your payments. When stock markets crash, investors usually move their money to the Bond Markets until stability returns to the Stock Market.
Agree! All of the markets are affected directly by the economy. Especially in the pandemic, the economy of the world is hardly increasing. Therefore, cryptocurrency market is not an exception, it also decreases! It's not too surprised though! Proper manipulation of your assets is the key to minimize the effect of crash to your bitcoin. Stock markets are vulnerable every time and their are a lot of factors that can trigger it, including the trading volume. You should know when to invest in bitcoin so that you will not suffer when stock market will go down. Bitcoin is still a part of economic system as it brings some advantages and disadvantages in the market. Not only stock markets are affected, physical assets and other valuable things are also affected that's why the market depends on the people who actually operate and contribute to the activities in the market. |
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One thing that keeps Trump attacking china because of the alleged of covid-19 was made by china for world economic sabotage that really gave Trump a motive to hate china over and over again.
Trump is really a no.1 hater of China, they always fight about all sectors in their government. He made this pandemic as an advantage to blame this pandemic to China although the virus really originated from them. It is no excuse that the virus came from them, but Trump is really exposing China as the creator of this pandemic. President Trump should focus on its community on how they will handle this pandemic. With all this conflict to each nations, they should sit this a side momentarily because we got more powerful enemy we need to eliminate and give more priority to save more lives during this pandemic.
Hatred about one another should temporarily stopped because that's not the problem right now. They should focus more on how they will overcome and control this virus to spread and help each other's economy grow. This is not the right time to talk about certain issues between different countries. |
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If this continues, with the way Indian's are going about bitcoin trading. The Indian market is likely to hold a great potential and importance for the future of the crypto economy. Since people in India is betting big on bitcoin
Take note. When a person is trading bitcoin, it doesn't automatically mean that he's betting that bitcoin will get big. It could be the case that a certain person is only trading bitcoin just to take advantage of the high volatility, and just mainly to take money. I personally could frequently trade XRP and at the same time think that it's a completely useless project. According to an article, India is planning to ban cryptocurrency again in their country due to some serious problem that is still unclear. https://www.businessinsider.com/india-may-ban-cryptocurrencies-again-and-its-unnerving-the-community-2020-6But as far as I know, India's economy is really far from recession and cryptocurrency activities are still ongoing and active. Trading volume really got bigger as people in India are trusting bitcoin so much, and they are so confident that its price will increase. They are aware of the volatility but still people are risking their assets and they treat bitcoin as a source of huge money. They should know its importance and how volatile it is in the market. They should be accountable if the bitcoin's price comes down in a certain season. |
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Hello my all Traders Friend, anyone can tell me the Best Trading coin of Binance Exchange? You can comment Daily or Long time base trading coin of Binance exchange.
If you check all the coins traded in binance exchange you will see what is the best coin for you to trade because we all have different favorite or the best coin to trade. But don't forget that bitcoin is always the best to trade followed by altcoins. It's no doubt that bitcoin is the most used cryptocurrency in many transactions in Binance. People really treat bitcoin as the most effective and reliable coin to use in exchange and in trading. You can check it on binance itself to know which is the best coin to use in trading. I knew a lot of people who are investing in bitcoin because they see it is the most popular cryptocurrency and it has the highest volume of transactions. If you have some time, try to research on other trading platform or exchange to have a lot of information or proof about the most used coin in trading. Bitcoin is really the best cryptocurrency and we can't deny it. |
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Simple!
Bitcoin is the main crypto on where majority is trying to accumulate and alts would be just only in next in line thats why you do see that majority do mostly accept bitcoin as a main payment
neither for services or for their goods.
We have different approach when it comes to the use of cryptocurrency. Most of us really prioritize bitcoin above all, and those altcoins are just a sideline or an alternative source of profit. Bitcoin is the first cryptocurrency that was invented and other coins are just an influence of it. It depends on the people if they find more benefits in using altcoins that bitcoin, we have different experiences and preferences. Right now, bitcoin is the most known and successful bitcoin that is currently regulating in the market. Also I knew a lot of people who are trusting bitcoin than altcoins that's why majority of cryptocurrency users are a bitcoin holders. Altcoins are good, but the profits in using bitcoin is much larger than that. |
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