Congrats and good for you. I'm sure you bet to know how many are always losing in futures and that's because they still lack experience and knowledge. I guess, if you're a full-time futures trader then you're so good at it and you're making a living from it. Like you're going to make more than $100 a day or every trade you make.
I believe that even though OP is good at trading, there are times that you still lose, it's not Christmas day everyday in trading. There are a lot of traders who are losing millions even those companies or trading firms, still, lose and some of them went bankrupt. So for me, we must not feel comfortable always when doing trading, we must learn and grow along the way.
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Also, apart from pine script programming language that is specifically trading view, is Python the only other programming language I need to learn (No JavaScript and all those other programming languages)? (.....)
It depends on your goal, there are a lot of programming languages that can achieve the same goals, even javascript programming I think you can automate trading just like communicating with other exchanges' APIs to execute some trades, you can do it on node.js I believe. But yeah, pinescript programming is very advisable to learn when it comes to trading.
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Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1) if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I will choose Bitcoin always. Especially during these times like now. For me, it is much better to accumulate more Bitcoin than altcoin, I'm not telling altcoin is really not worth it, but maybe a small percentage is good. Because for me, Bitcoin is always the largest percentage on my bag.
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It must not be listed in any of the major exchanges. This is not a hard rule but I noticed that 1000x coins are mostly unknown. (....)
Super agree. Those coins are considered hidden gems, which do not yet really exist on some major exchanges. Before, Kucoin Exchange is one of the exchanges that are good to spot some gems here which is to be considered to be 1000x in the future, but I don't know now if Kucoin Exchange is still good any suggestions? But behind that, consider also other things, like tokenomics (very important).
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but first i want to see if it can confirm the 14$ price to brake over 14.70$ then the next price could be 16$-17$ (.....)
Here's my technical analysis for Solana, for me, I agree with OP that Solana is really oversold. But for me, it's a good buy starting now every time Solana drops below $13. Since I believe, if Bitcoin still continues dropping will not be able to regain the $20,000 level. All altcoins too are affected and continue to dump. For fundamental side, FTX Exchange really fcked up Solana, that's what another reason why Solana is extremely oversold right now.
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Todays world's economy is not so good. High rate of inflation and many bad things are happen, also cryptocurrency market seems not so good either. But I think it is better to hold bitcoin rather than fiat as government seems that can't do something significant improvement on economic growth. (.....)
What we are experiencing now in the cryptocurrency market is not only there, it's a global effect because even if you take a look at the stock market, they are also bloody. So for me, seems this is normal in cryptocurrency and I agree with you as buying Bitcoin is better than buying any random altcoins. I already experienced this before, during bear market season, don't attract those super sale altcoins because later on, you will realize that it is much better to buy Bitcoin than those altcoins.
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This is one of the many biggest voluntary actions an individual can do to help Bitcoin adoption, by this way we can share how Bitcoin works, or even there are some people who will see the poster and they don't have any idea what Bitcoin is, they will start to become curious and start exploring Bitcoin.
Kudos to the OP for this. Even though this is a kindly small act, it's already huge exposure to the Bitcoin community.
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It feels like I'm watching a movie when reading the OP's first post. It seems to me, this only matters or their death is big deal because they are cryptocurrency billionaires and they have something to do with cryptocurrency. But for me, some could be here are conspiracy but I also believe that there are some people behind this tragedy to them, maybe something to do with their money but if there is no really proof, I won't believe it. I will consider it as the normal death of a normal person.
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Bitcoin has had so many positive impact on people's life especially investors to the extend that they can't do without it,( investing in it.)So many people today who started from the scratch,investing,have found their way in life,and till tomorrow,they will continue to give an encomium on Bitcoin.
Also take a look at those people also who lost their savings, life savings, family savings, or energy funds when they invested in Bitcoin. We must not focus on the only the positive side of investing in Bitcoin so other people will not become greedy and will always expect that investing in Bitcoin will always give you positive outcome, since we don't know the future, we can't guarantee.
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Cardano is already an aged project. There are a lot of new projects especially smart contract platforms that is new but their milestone are already far compared to Cardano which I consider also a very early project. So for me, I am not hoping on Cardano right now, they already disappointed me before.
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Bitcoins dont give a shit about some DeFI exchange going under. Seen it all before, many times. (....)
Very true. Bitcoin also doesn't give any shit on other altcoins. This is also from my experience before. I got big regrets before, holding too many altcoins or swapping my Bitcoins before to altcoins were my biggest regret. Now, I already learned the lesson.
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(....) Will the market go to the previous position?
Based on my experience, the answer is yes especially when I experienced the bull market and bear market during 2017 - 2018. BUT, not all projects will recover, what I experienced before was I love buying some new altcoins or random altcoins on the market, I'm exchanging my Bitcoins or Ethereum for those random altcoins and later on, after the bear market and the market started to recover, those random altcoins I bought was not doing the same thing like other high market cap coins. Which is really disappointed. It's not mean that the market recovers, all projects who lost their value will recover too.
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How many years Sam bankman Will get prision ? Probably 50 years Also Im sure he not weclomed by other inmates there becouse he been taking more money then madof or MT grox. (....)
There are still a lot of rumors that prison for Sam Bankman-Fried seems impossible. That's also what I am thinking because it's clear that he really used the FTX's customers' fund. And why he is still not in prison. This is the power of money. But I believe, these coming weeks, there will be updates about FTX and Sam Bankman-Fried. There are still lot of people who are hoping to get their money out of FTX.
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Regulations everywhere. If I were the government, same as what they are doing right now. Regulations. Become more strict. As you can see, these governments are first working on top or on top cryptocurrency entities which I believe for them, by doing that, it will pass down to the retail individuals. Since Bitcoin really can't control by anyone even the government, it's still useless. For me, those regulations got different to do with Bitcoin since Bitcoin created as decentralized at all.
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Beginners with agenda to get rich: these beginners are just so desperate to make money from crypto that will make them become rich, they have no idea about risks involve in cryptocurrency . Beginners with the mindset of becoming only understands crypto be an investment that has a big return as quick as possible. Crypto investments is always interesting when it is long-term. (....)
Me, this is a very common expectation for some people who are starting in cryptocurrency. I also experienced this with some of my colleagues. They keep thinking that when you buy cryptocurrency, it is easy money. They don't know how really cryptocurrency works and they don't know how many people already lost their savings because of greediness in cryptocurrency. That's why, I can say it's high risk, high reward.
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That's why Ethereum did an update because they want to get rid anymore of proof-of-work on Ethereum. So for me, ETHW will be forgotten. As you can see the price of ETH, when hard forked started, just keep falling. Right now ETHW is top 80 of the highest market cap. This will just be the same what will happen on other hard forked coins on Bitcoin, which will be vanish slowly.
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Hello Guys just checking BNB coin, losing the support, and investors and people are predicting it may further fall, as Binance CZ is solely relying on BNB , what will happen if (....)
I think one of the reasons why is this because also what happened to FTX Exchange and other centralized exchanges. People realized that even how reputable or big a trading platform exchange is, there is still a lot of possibilities it will go down. But I noticed before when FTX started to fall, I saw some pumps happened on BNB (Binance token) but later on it started to dump.
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Most common and sometimes I adhere
Collect BTC at Deep Dips. (recently FTX collapsed)
Collect potential Alts Bear market. (....)
Easy to say but this is very difficult to execute. As an investor, it's very difficult because it needs risk too, time and patience. So for me, investing is like trading also, the risk is always there. Also, if you are just a small investor, then buy Bitcoin or other altcoins and forget it like waiting for a very long term before taking profits and not checking always the price of it will help you.
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Take an example of what happened on Terra Luna's stable coin which is called UST, basically, this UST is a stablecoin pegged in United States Dollars as 1:1 But then again, there was some hole and some others said, there are people who attacked this UST stablecoin and caused it to de-pegged which started to lose it's value from 1:1 to USD. Then until now, it was worth nothing already. There's no safe stablecoin, just be careful.
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My portfolio is currently 36% down And feel I have no choice but to hold till the next bull run which is hopefully only 12-18 months away. I will continue to DCA but in recent weeks I have slowed down having gone from investing every week to every 2 weeks as the prices just keep falling. (....)
This is tough, this is normal to have losses, but make sure your losses will not affect your life, or let's say what money you invested will not affect your entire life even 100% of them will be lost. The famous quote comes here, "Invest what you afford to lose". This is one of many basics good action when investing, especially in cryptocurrency which is extremely volatile.
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