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1  Economy / Trading Discussion / Re: What and where? on: April 24, 2022, 06:07:51 PM
When I see people asking for where to invest from random strangers, I know those asking might lose their fund! If you want do know where to invest, investing or trading shouldn't be your priority. You should start learning and get excellent at it. It's only when you are vast and well read that you can identify excellent project! You need a good coin that will last like bitcoin in a tupsy turvy cryotocurrency market!
2  Economy / Trading Discussion / Re: So Many Exchanges out there on: April 24, 2022, 05:58:40 PM
I will advice you to just follow the leader! Binance is very popular with top traders and though binance is centralized, you can still see their commitment best trading experience. Another exchange I found reliable over the year is Kucoin! The response time of kucoin is almost immediate. I have never had any problem with these two exchange!
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can SHIB rise to 0.1? on: April 24, 2022, 05:54:34 PM
Shiba Inu has billions of supply and lots of people are holding. It will take a lots of supply burning for Shiba inu to appreciate for mor than 40,000%. We might see 10 times increase during meme bull run but to think Shiva inu will rise to $.10, it might not be possible!
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should i Invest more??? on: April 24, 2022, 03:04:00 AM
The question been asked is common to traders and investors alike! Should I invest more? My answer will be to invest but it must be based on the numbers! IThough, the 2020 situation is different from this year situation, I will advice you invest in stages marked by the percentage of your capital!
5  Economy / Trading Discussion / Re: Bear market every team will pump their own coin on: April 24, 2022, 02:56:17 AM
Yes, cryptocurrenxy market will stalled and it is most likely that there will be pocket of pumps here and there. What will sustain those pump however will be real development and value derived! If market feels there is serious values with a particular coin, such coin will pump!
6  Economy / Trading Discussion / Re: Understanding "When" to trade. on: April 23, 2022, 02:42:37 PM
Trading time is different for lots of people abd I believe this is because of different objectived and goals of individual. Take for example, if you are OK with scalping, there iis nothing stopping you from trading daily. However, if you are a value trader, daily trading will not fit your objectives, you will rather want to study your trade and make position on long term basis!
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Polygon (MATIC) to $20? on: April 23, 2022, 02:32:02 PM
Polygon is a good side chain coin that could see upward movement in price provided more utility is deploy! If polygon start to develop and add more use case beyond been a side chain, the cryptocommunity might price polygon more in value. I want to see polygon increased it's tps blocksize and possibly it's own chain with more utility!
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Price of Litecoin 2022? on: April 23, 2022, 02:25:47 PM
Litecoin price has been stagnant despite overall market growth in 2021. I think we can expect litecoin to remain around $120 to 130. If bitcoin move suddenly in either direction, litecoin might further depreciate iin price as litecoin price is strongly tied to bitcoin movements!
9  Economy / Trading Discussion / Re: What have been your crypto trading experience on: April 23, 2022, 01:34:46 PM
One of lessons I have learnt in trading crypyocurrency is to be dead to your emotion and use numbers and historical chart to your advantage not to your disadvantage. The moment you master your attachment and emotional triggers as regard your trade, your profit will start to grow until you reach your set goal!
10  Economy / Trading Discussion / Re: Can newbie become rich with trading on: April 23, 2022, 01:29:38 PM
The discipline requires for success iin any field is also requires for success in trading. Trading is summary of your skill, experience, patience, growth and capacity! To answer your question straight, it is possible for newbie to make success of himself in trading. It will however take time to attain success!
11  Economy / Trading Discussion / Re: Is it too late to buy? on: April 17, 2022, 08:00:23 PM
It is not late to buy cryptocurrency as there are opportunities been made to buy in. The fact that a particular opportunity is missed is not the reason to stop looking and waiting for opportunities all together! I think we might be going into a long period of price corrections and discovery, one must be determined not to lose opportunity been presented in the market!
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SOLANA GO TO...? on: April 17, 2022, 07:45:31 PM
Solana has been stable in the range of $80 to $120 and the news of joining opensea is definitely a positive one of which I believe is going to affect  the solana price in middle to long term!  If bitcoin continues to stay in it's range, solana should rise in price and possibly hit new ATH!
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2022 is the time to buy or sell? on: April 17, 2022, 07:35:51 PM
I do not believe in a magical year or situational timing to buy bitcoin and altcoin.  I have paid for been overtly optimistic and my portfolio iis down to almost 20% of my initial buy in. 2022  for me is going to be a year where I patiently buy low and lower lows!
14  Economy / Trading Discussion / Re: Best strategy for crypto trading on: April 17, 2022, 07:17:44 PM
There are diverse approach to forming a strategy that may work for you, the best mindset is to have open mind when it comes to trading and be pro active towards the market. Win or lose, you will always learn something important about the market, your self and have better  understanding of the workings of your mind! In addition, the best strategy is to do nothing!
15  Economy / Trading Discussion / Re: How weird is it to borrow money and invest into Bitcoin? on: April 17, 2022, 07:09:42 PM
It is not weird to borrow  to buy bitcoin especially when sales is going on. I have had to borrowd to buy bitcoin during the pandemic and there were irrational dumping of bitcoin in march 2020. That decision was one of the best decision I ever made in life!
16  Economy / Trading Discussion / Re: Is Using a Stop loss "Good" or "Bad" on: April 16, 2022, 08:32:28 PM
Stop loss is neither good, nor bad, it depends on your trading objectives! If trader is trying to keep his capital from been eroded from volatility, stop loss will definitely be a good strategy to employ. If however you scalping or trying to take a long position, stop loss my work negatively on your objectives!
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will cryptos go into Bull season? on: April 16, 2022, 08:25:48 PM
Yes! Cryptocurrency market have witness an amazing Bull run since last quarter of 2020 running into 2021 up unto last month in 2021! There are event and pattern that precedes bull run and those event until 2024! I believe the oscillating movement iin the price of cryptocurrency will continue and some other factors may trigger bull run along the way!
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The next 100x-1000x coin? on: April 16, 2022, 08:18:04 PM
Trying to speculate the next 100x or  1000x is like trying to find needle in a haystack. However, many potential altcoin ate trading at a very low price and it could still go lower! My personal pick for a  good altcoin that has a lots of upside price potential are: Near, Harmony, Fantom and of course Bitcoin!
19  Economy / Trading Discussion / Re: Do you ever JOMO? on: April 16, 2022, 08:09:29 PM
It can be pleasing to know that you dodge a bullet by not buying high priced coin you may have planned  to buy and later discover that it has dump. However, if such coin is backed by capable and skillful dev and board, that could be a rare opportunity to buy low and stand in a good position! Cryptocurrency market is very dynamic!
20  Economy / Trading Discussion / Re: Losing in trading needs questioning on: April 16, 2022, 08:03:11 PM
Trading sound simple and doable but the reality if cryptocurrency trading  is a bit complex. And like the popular saying goes, Everyone in cryptocurrency are not. That doesn't mean they are not making profit from time but is having their expectations met! Reflecting, questioning are all part of post trading analysis and this is how you get to familiarize yourself with strategy that works for you!
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