(....) Newbie traders who experience some kind of losses at the early stage of their life but still continue in trading know better how trading can be, and because of the early experience that they have had, they are at a position of becoming much better traders than those that enjoyed easy profit at the beginning which can be misleading. What do you think, let us discuss?
I agree with this, there are a lot of newbies that started to trade just because of hype, and I can say that on their first trade, they tend to get profit immediately. I can say this because this is what I experienced before. For sure these newbies are also driven by other people that can they see on the internet, which only show profits or winning trades to other people, which is really misleading. Overall, I can say long-term and consistent is better than early profits. Always preserve the capital.
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I'm curious about what personal attitudes or actions from girls can help to make profitable trading. We all know that there are differences in attitudes or physical actions between girls and boys. Maybe boys intend to become more greedy compared to girls?
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Since airdrops started to become trending nowadays. For example, you will get free tokens from the different projects while just participating in any activities on their platform, just like recently what happened to the Arbitrum network. I want to see a list of them with different information like how much the price started to trade when they airdropped the tokens, how much has already increased since the airdrop of the price, etc. I tried to google, but I can't find any, maybe I'm using the wrong keywords . Any idea? Like website/platform that got information like these?
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(....) In summary, there are just two broad reasons that will make me sell my coins, first emergencies such as sickness and loss of a source of income, and better opportunities that will give me more financial backup to buy more bitcoin.
If your goal for Bitcoin is to have investments and make profits in the future, yes, you can seel your Bitcoin anytime. Every people right now got different uses for Bitcoin, some just bought a small portion of Bitcoin because they just want to support the technology or innovation. Some are buying because they are using it for something else like in their day-to-day lives, they are using Bitcoin as normal currency to pay for something. And most common are some people buying Bitcoin because of investment or store of value, which for some people it became an emergency fund just like for me. Which I can sell it anytime if I need it urgent for emergency purposes just like need for my health or family members.
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(....) What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
You should consider what is your goal and why you are holding or storing or accumulating Bitcoins. If you buy some Bitcoins and spend them in your daily lives, then don't mind how much is the price of the Bitcoin on the time you spend them on your daily activities. I think that's why it seems you are disappointed about the pizza guy before because instead of spending those Bitcoins he should have held. No one knows where Bitcoin will go before.
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I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.
Having losses usually refers to the practice of carrying on with gambling in an effort to recover funds that have already been lost. It's still gambling and there will be no changes in your luck even how much already you lost. The hope that luck will eventually change and the gambler will recover their losses often drives this behavior.
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(....) means, all movement are totally random? or previously anyone can determine were will the market going,
I don't think so, because it is based on the market. For me, the market is not random, it is driven by people/institutions who are trading. Even if there are a lot of trading bots, they are still considered as volume, so these candlesticks may random to you but they are made based on the trading data which always consists of buyers and sellers.
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I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
My advice is to identify your goal first, what are you trying to achieve? For example, do you want to make profits in a short period of time or you are in long-term? Because if you want to make profits, then you can start trading. Or if you want long term and you don't have any time to do trading most of the time, then you can invest for long term.
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What is the fair percentage of a total max supply that are in circulation that can make you invest in a project? (....)
Tokenomics. Because there are more coins available for trading when there is a higher circulating supply, it can be more challenging for a cryptocurrency to experience significant price increases. The fewer coins available for trading, a cryptocurrency may be more susceptible to price increases if its circulating supply is smaller.
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I think they are a waste of time & do nothing constructive. I think it’s trolling, filling up blocks with crap. I don’t think they have any future as a means of trade, money orientated. Nobody who is serious about bitcoin wants anything to do with them.
They are one reason why the network has been clogging for the last couple of months. To be honest, I haven't heard of it until I research and see what causing this huge fee to increased in bitcoin network whereas it was relatively cheap already. (....) This is like Ethereum and layer-2 networks, where layer-2 networks help the main net (Ethereum network) to scale. So for me, maybe there will be new technology that can handle this, like another layer that will run on top of the Bitcoin network. As for the potential for a boom in Ordinal similar to the NFT boom in the previous bull market, it's difficult to predict with certainty.
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Do you have an idea about ML used for trading? I have heard that ML is useful for predicting and outputting suitable results to the user, as he/she likes.
Although machine learning (ML) is a potent tool for trading cryptocurrencies, its effectiveness depends on the user's level of machine learning and trading knowledge You can't be 100% guaranteed here but I believe there are already some people who already making profits because of this. Before making any trading decisions based on ML analysis, it is crucial to use the proper risk management techniques and to conduct exhaustive research.
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Almost the same because in terms of the underlying mechanics, bitcoin trading is comparable to forex trading; however, it differs from stock trading in terms of the assets traded and the degree of regulation. Due to market volatility and a lack of regulatory oversight, cryptocurrency trading carries a high level of risk; as a result, it's crucial to proceed carefully and employ effective risk management techniques.
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Can Ethereum surge past Bitcoin in this upcoming Bull Market? The supply has dropped a lot and it's no more inflationary, I think with this, Ethereum will make a new all-time high we have never seen before, do you think I am wrong?
Whether Ethereum will surpass Bitcoin in the upcoming bull market is difficult to say for sure. It's important to remember, though, that over the past few years. Ethereum has been steadily overtaking Bitcoin in terms of market capitalization and adoption. Just monitor Bitcoin's dominance because it may help you to identify the next move of Ethereum, remember that Ethereum got a huge dominance over other altcoins.
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3. Have a risk management strategy: Cryptocurrency trading can be highly volatile, so it's important to have a risk management strategy in place to protect your investments.
For me, this is the most important on the list. Risk management strategy involves identifying potential risks, assessing the likelihood and impact of these risks, and implementing measures to mitigate them. A lot of new people coming to cryptocurrency trading going broke because of a lack of risk management. They always expect that trading cryptocurrency is easy money.
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I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
For me about Bitcoin and altcoins, the price of altcoins may be influenced by the price of Bitcoin, but it's not guaranteed that they will go up in price if Bitcoin's price rises. It will not be always accurate but even before, sometimes after Bitcoin is pumped, altcoin follows which for me is the relationship between Bitcoin and altcoins can be complex.
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Personally, I think that bitcoin won't become a new world currency like USD or EURO, but I think it would be widely accepted and used. But looking at some projects like El Salvador I just keep wondering, are there gonna be countries that will try making bitcoin their official currency and make all transactions using it? Do you think there gonna be any consequences for that? (....)
We'll never know. If the government will find some solutions on how they fix the current problem in traditional finance or in the fiat, maybe it won't. But what I can see is Bitcoin will be just an alternative, acting digital currency which is an alternative to our currencies right now. With this, people will just have their freedom what they want to use as currency.
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I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?
I believe these are just all pure hype, the product of a bull run. On every bull run, there is a new niches that is popping, different new hypes or trends. For me yes, it may give you profits but for some people it will give them a huge losses because for some reason like they are already late to the hype and they became exit liquidity for some people who entered early.
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Then I switched to the world of HYIP and BO. The results were extraordinary, but that's where I felt the extraordinary and endless ups and downs, Just being rich for a while, being scammed. Just prospered for a while, had to restart. The consequence is that when friends, colleagues or relatives come who initially worship us like gods because of smooth profits, when a scam occurs, everyone curses it out. (....)
I can relate here. For sure a lot of people especially those people who are being introduced to cryptocurrencies because of "easy money" or "earn free money" started with these kinds of schemes. A lot of people before especially me are just relying on these so-called "free money" which end up being scam projects. Small profits before I am already happy. But those experience became lessons and I am very thankful of it.
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Another thing that I learned when I started to be introduced to Bitcoin is to become wise when it comes to spending money. I become financially literate and I started to become knowledgeable on our current financial system, like how money really works right now. It's not only all Bitcoin but you will slowly understand how the system works.
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I'm gonna be waiting the resurrection of these P2e games, the main reason they fail so hard and just vanish is because most of the game are shit anyways. the quality isn't there and many realizes then just outright leave the P2e games be and instead switch over to more beneficial trends. if some developer could brings out good game, eventually it will revive, but that is a big if honestly.
For sure the same hype last time when P2E started to pop and gained a lot of attention and a lot of volumes will not happen again. It's like hype. I'm not a hater here but I believe there will be some new trend again in the future besides P2E, maybe P2E will still exist but it will not become the same just like before, it will not be the same hype or trend just like before.
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