For newbies in trading, you need to understand that the crypto market is a speculative and not stagnant. It moves up and down known as bull and bear respectively. Incase you don't know, now, how trade happens is when one buyer is speculating up another can speculate down and the exchange happens on the trading platform. For example when the price of btc is $28,000, someone is speculating it further to buy to $29,500 and another can speculate it to sell to $26,000. So depending on your chart and analysis, that determines your winning strength if you speculate rightly. Trading is speculative based on your technical analysis, indicators and fundamentals (news).
What do you think?
The cryptocurrency market is somewhat speculative to say the least. At one time I thought that those who make the signals in the market might technically make the market conditions. But slowly when I started spending time on the trading platform and got to know everything now it seems that what I thought was completely different. Now the market condition I can consider myself where the market can go now. I can pick up some ideas just by looking at the candles. Especially if there is any bad news or good news, the market starts to be more volatile. In this case, if you want to make sound market decisions, always keep updated with crypto news. Then you will get the right market decision. Also the market not only moves speculatively but also analyzed in some technical analysis. |
|
|
|
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
If you have a secure wallet and $1 worth of bitcoins in it, you are a bitcoin investor. In this case it is not enough to be an investor, you need to have enough knowledge to invest. Then there needs to be a lot of strategy about investing. And all crypto related news you need to know updates. Because even on the basis of this news, investment plays an important role. If a person can manage all these tasks correctly, then he can claim himself as a Bitcoin investor. |
|
|
|
Leicester has failed to utilized home match against weak team and it was very unfortunate especially after Maddison failed to scored from penalty kick but indeed i have seen both teams have displayed attacking style and Everton were performing well especially on their defensive lines that during the match they were playing very discipline and credit to Pickford because he can makes several crucial saves which makes Everton can avoiding to lose today but it's getting interested now and the competitions between the teams in the relegation zone is very tight because at least 4 teams had equal chances to out from this zone including Leicester
It would not be right to think of Everton as weak. Both teams attacked a lot in the 90 minutes of the game. The first 45 minutes were full of excitement on the field, with Leicester taking the lead in the first half, but Everton's Alex Iwobi equalized less than 10 minutes into the second half. You may have missed today's game which is why you think Everton are weak. In the match between Leicester City and Everton a total of 38 shots were registered in the 90 minutes of which Everton 23. Despite so many chances, neither team could find victory and they had to leave the field with a 2-2 draw at the last. |
|
|
|
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
We all know trading is a risky business. But this risk applies to everyone. Here you mention you have a 14-year-old friend. So I assume you are not much older than your friend. Your age is close to your friend's age. In that case if you have no problem then there will be no problem for your friend. Personally, I would like to say that it is not right to start trading at such a young age. Because the age of 10-14 years is perfect for studying. If education is lost at this age, then his entire life will fail. So at this learning age I would say his hope in trading will never be right. No matter how much he pleads, you scare them by telling them all the losses to their business. |
|
|
|
Snip
Hiding email is not important here. If you think I will hide the email then you can hide the email. And if you think I won't hide the email then that's your personal matter. But here if your email is not registered with a strong password and if your bitcoin account is created with the same password of that email then of course you can hide your email. Also, if your email is being used for any good business purpose, you must hide your email. Because later there may be problems for your business site. Apart from that, I don't see any problem. |
|
|
|
Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
If I speak from my side, I would say Bitcoin has brought the most benefit to the youth. Although Bitcoin has benefited people of all ages here, it has benefited the youth relatively more. Bitcoin has greatly benefited the youth in the less developed countries where the youth are usually unemployed. I have seen from my country many young guys are living very hard life before entering bitcoin forum. But they have now changed their lives a lot by working on Bitcoin. From this point of view, I see Bitcoin benefiting the youth the most. |
|
|
|
Leicester City vs Everton - a match between two dream teams for a chance to get out of the relegation zone... It's hard to predict who will win this game, but bookmakers are favouring Leicester City, giving odds of 2.0 for them to win, Everton winning at 3.75... I remember last season Everton were in the relegation zone as well as now but managed to come back... I'm going to take a risk that Everton won't lose...
Leicester City vs Everton match is very difficult to predict. Most of the matches they have played in the past have been very contested, yet Everton have won relatively more. In the last match, Leicester City beat Everton 2-0 and won the match. All in all, this match is becoming very difficult to predict. But today's match will be at Leicester City's own ground and it is expected that this match will go in favor of Leicester City. |
|
|
|
Trading of bitcoin has been one of my source of income for quite some time now but find it difficult to tell some other persons to engage in trading because of the risk involved.
Last week a friend of mine saw me trading so he tried to know more about it, at first I never wanted to tell him due to the risk involved, but then based of his persistence I first of all explained to him the difference between spot trade and futures, but I told him I do only spot, how I buy low and sell high, even as I was explaining it to him I was feeling uncomfortable because of the risk.
I don't want a situation whereby someone will say that I scammed him if there is a sudden dip in the crypto industry, so I just told him to open a binance account and verify it, after then, he should get back to me so I can send him the hard copy of the crypto course I bought.
Uptil now I still feel uncomfortable about it, I don't know if am wrong or right for opening up, even though I told him of the risk involved.
Since you told him about all the risks involved, you never went wrong, you did the right thing in the first place. But from your words, I understand that your friend has a lot of desire to know. You teach him with maximum effort and you must clearly show him the picture of the loss from your trading. Especially if you don't take him to the futures trading platform in the first place. Futures trading platform is one such platform where one small mistake can result in the loss of all one's money. So I would like to tell you that you better teach him about spot trading in the first instance. Because in the spot trading platform, even if there is a loss in the first stage, there will be a possibility of recovery later. |
|
|
|
I decided yesterday morning that I would buy 1 bitcoin from this dip market. But I did not have enough money. With which I can buy 1 bitcoin. I had an Fixt Deposit of $ 6,000 in the central bank. And the bank would paying interest at the rate of 5.5% APR. I broke it down yesterday and decided to buy Bitcoin with that money. But with this money I will not be able to buy 1 bitcoin. On the other hand, my dream and desire is to buy 1 bitcoin. I then decided to take a loan and applied to the bank for a loan. But I told the bank that I would use this money for business. The bank agreed to give me a loan of $10,000 at 10% APR interest. I take advantage of that opportunity and take out a loan. And the remaining $ 4,000 I borrowed from my uncle and promised to pay him 8% APR interest, which is more then bank interest. Finally i bought just now 1 BTC price at $20,000. It gives me a different feeling That feeling I have never had before. I think if I hold this bitcoin for 2 years I can get 100% -500% profit. Then I will be able to easily repay my debtors with an average interest of 18-19% in 2 years as an average of 9.something% APR and I will be able to keep a huge profit.
You emerge as a successful investor with the mindset you invest with. When you buy 1 bitcoin for $20000 you often have a profit of over $9000+ nowadays. It shows that you can repay the loan that you have taken from the bank with the profit money. But I know you still hold your investment. Maybe if you can hold your investment till 2024 you can earn maximum in life. There are many people, not all of them can take the kind of risk that you take and show that you are truly a successful investor. I wish you success in your investment. I also had the same thoughts as you but I didn't dare to take the loan due to which I failed in the investment. I am investing some of the money I earn from here. |
|
|
|
I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.
Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.
Furthermore, I told them that Bitcoin investors tend to get positive results, while online casino gamblers tend to get negative results more than positive result, true or false?
I asked them to show me prove that they make more from gambling than they lose, none of them showed me, but I prove to them that I hardly have losses investing in Bitcoin lol .
Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.
Gambling and Bitcoin investing are completely different things. When a person loses gambling, that person never gets his lost money back. But whenever a person takes a loss by investing in Bitcoin there is a time when that person can expect to recover the loss. And investing in Bitcoin can be highly guaranteed to recover from losses. So the thinking of your friends is completely wrong. Your friends may have got some winnings at present due to which they are more addicted to gambling. You become less addicted to gambling by holding on to Bitcoin investments. At some point your friends will be around you to prove that gambling is really different from investing. |
|
|
|
Creating post and good content comes to me easily but i have had just one question on my mind since i signed up, "How do i grow my merit level the same way my activities and post are growing?
Please, i would appreciate good pointers.
You won't be so desperate for talent. You discover something good in the forum and you will find that you got more talent than you bargained for. Always keep yourself in mind to discover something good, there is a lot to learn in this forum, take your time and explore them. All the people you see in great positions have come from nothing like you, so brace yourself and bring out the good here with creative thinking. You can see that you have become one of them. |
|
|
|
This news is from the IT Hub of India, that is Kolkata. The Techie who is just 23 years old had invested a big amount of money in the Crypto space. The investment when asked him was around INR 30 lakh ~ $ 36,600 in US dollars. That is a definitely huge amount considering his age and country of residence. Even in America, 36K USD is pretty handsome money and you can do many things with it. So the gravity of this can be sensed easily. He was saved by the Cops after a local Cab driver alerted the police and the response team was at the incident quickly. He was trying to jump from the largest bridge on the river named "Hooghly" to end his life. The investment was not his alone but he collected the money from various sources. He took loans and also was using the pension from his mother. Definitely, he had no plans and no idea what he was doing. Just save up your bitcoins in cold storage, only buy what you can afford to lose and most importantly don't fall for the traps of crypto space.
Bitcoin is the only savior in crypto and if you own the keys, you win the market. Read the news here: Techie loses Rs 30 lakh in crypto market, tries to jump off ..I wonder how he took such a big risk at such a young age. He probably invested in various coins other than Bitcoin. Here he invested with debt and probably lost the investment. He was completely disoriented when lenders pressed for loans. Finding no means, he finally took the path of suicide. I think he was advised to invest by other means, he did not invest in his own thoughts. Finally every person should be careful never to take loan for investment. People should learn from this so that they never make such mistakes. So that he does not push his life towards suicide. Because every person's life has a price, this life must be enjoyed and suicide cannot be chosen so easily. |
|
|
|
Do you blame someone for your gambling losses?
No I don't blame anyone for my gambling losses. When I place a bet on a platform I participate in the bet with my own thoughts. I do not participate in betting on anyone's advice here. Earlier I participated in football match with big amount I took the help of my friend, he asked me to bet for best team PSG between two teams I took the bet but I lost there. I blamed him for this for a while, but later I realized he was not at fault, it was all my luck. So if you lose on the gambling platform then you should not blame this loss on anyone. |
|
|
|
Every thought of Naib Bukele made El Salvador very popular. El Salvador has now become very popular in the world. I respect everything he does. He will transform his country into Bitcoin City, I know his move will be successful. The way the government of El Salvador begins to think about its country, Naik Bukele, will see a time when El Salvador becomes the most developed country in the world. But that day is not far away and I hope to see it soon. Of course, to implement all these tasks, the hero Bukele has to live long. I always wish him to live long. |
|
|
|
I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
If man does not awaken the humanity within his heart and lives in idleness, he will never become rich. If a man tries, he can certainly become rich. There are some people who earn a lot of money but do not keep account while spending that money, if they spend money without account they will never be rich. Every man has to work hard to become rich, only hard work can make him rich. Here you earned money by working hard but if you spend without calculating the income expenditure you can never be rich. Of course to get rich you have to calculate all the hard work plus income expenditure but you can achieve success in life. |
|
|
|
Bitcoin price cannot be predicted with the information and I don't think that Adam understands the market analysis. It is impossible for bitcoin price to get to $140k this year when we haven't experience the halving.
Right, in theory the price of Bitcoin can never be predicted. There are many people who suddenly come up with an information to go viral and many people believe it. I also do not accept the analysis that Adam has given here because it will never be correct. Earlier Bilaji Srinivasan made a bet on Bitcoin that Bitcoin would be one million dollars in three months. From here it is understood that all these people come in public to become viral. Bitcoin may hover between $40,000 and $50,000 this year. But will never stay at $140k. But our next halving is 2024, the year 2024, the Bitcoin market may be able to reach one hundred thousand dollars. Because it is the same data that emerges from every human analysis. |
|
|
|
 I deposit bitcoins for betting here. I was especially hesitant to bet on the Manchester City vs Arsenal match tomorrow. Actually I am not very experienced in sports so I can't make good decision for betting. That's why I couldn't bet on tomorrow's match. Still I know why I think Manchester City will win tomorrow's match. However, I was hesitant and didn't participate, so it was a good thing. I will prepare for the next matches and hope to get some good information from you. |
|
|
|
I checked the chart of bitcoin to know if it's safe to buy immediately. My trading experience is weak but not so bad that I can't read the chart. The chart shows bitcoin is still going down, that made me rush to tradingview advice to be sure. The monthly advice shows that I should wait. The reading of Neutral has more vote of 10 than the Sell that has 6 and Buy that has 8. I will let this be my guide, will wait till the Buy has the highest vote. Money investment need to be carefully planned. This is just my plan, you can advice or give it kudos.  As you are looking for advice to invest then I can tell you that if you are a long term investor you can invest from instant market. The market is still relatively low. Moreover, if you think that the market may fall further, then it depends on you what you do. It is uncertain whether the market will go down. Because the market is full of volatility now. You may fail to do proper analysis in this volatile market. And here the voting system you have done may not be a good investment advice for you. So whatever you do, do it from your own thoughts. |
|
|
|
Which crypto wallet is better to take for a beginner? Now there are many varieties, there are screens, there are ordinary ones, there are also cheap and expensive ones, how to choose and what to rely on?
You can use multiwallet as a beginner. If you use multiwallet as a beginner, you will get better experience about the wallet. Then from here when you gain more experience you can decide on your own which wallet to use for more security. First of all, I don't recommend you to use a hardware wallet. That's why in the first instance I can guide you to use trust wallet as a multi-wallet. Trust wallet is full of security but you must keep its password very safe. |
|
|
|
|
Show Posts
