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321
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Economy / Trading Discussion / Re: has trading become difficult?
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on: March 20, 2018, 02:41:56 PM
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Trading has never been easy. It is difficult because market is unpredictable and even will always be when bitcoin is still facing regulations. When bitcoin is down, alt coins will follow the trend. Finally what we can do is just taking a nap to rest our brain to wait market green again.
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322
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Economy / Trading Discussion / Re: Is the risk necessary to make a big profit?
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on: March 20, 2018, 02:20:26 PM
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Hello guys, I see that many traders are afraid of risk, and they always want a guaranteed profit, but unfortunately, this gain is always a little in value.
And in many threads, they always ask about "how to make a safe method in trading".
For me, the risk is essential in every field ( especially in trading) to win a lot of money. Furthermore, when you are afraid, then you will never achieve what you want.
Many businessmen/women (billionaires) and successful traders become rich because they take risks.
Come on , overcome the fear, make a risk , we will only live once.
Now the market in crisis, you must take advantage of this opportunity, your life may will change for the better.
This quote is very expressing :
"If you want it, go for it. Take a risk. Don't always play it safe or you'll die wondering"
-Ms.KG
What do you think guys?
Have you heard of famous saying high return high risk? You are right we only live once so taking risk is good but it need to be calculated first. Dealing with loss is different for many investors. |
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323
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Economy / Trading Discussion / Re: How do you deal with loss?
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on: March 20, 2018, 02:16:25 PM
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How do I deal with loss? I learn from mistakes! Most of my mistakes, I am too greedy chasing huge profit without consireding other indicators to predict the market. I make loss, being sad wont take it back. Keep fighting until we profit again.
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324
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Economy / Trading Discussion / Re: Investing all my savings!
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on: March 20, 2018, 02:08:45 PM
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Bitcoin is not safe heaven yet. It is still under development and facing regulation in several countries. Do I forget mentioning its very fluctiative? Well, investing your entire money is totally bad idea. Use under 10% of your money allocated for bitcoin only.
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326
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Economy / Trading Discussion / Re: Can I make passive daily income with trading?
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on: March 20, 2018, 01:54:37 PM
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Of course, but you need to learn about advanced trading technique to profit everyday. Trading is not easy, it requires patience and precision to make right decision to avoid loss as little as possible. Even you think your prediction can be 100% accurate but it all depends back to the market.
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327
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Economy / Trading Discussion / Re: Artificial Intelligence
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on: March 20, 2018, 01:48:49 PM
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Is it accessible by the public? Unfortunately you didn't provide the link. A.I has been around to help us ranking tokens performance. But never heard this could be implemented in ICOs with such good accuracy. This is very helpful for investors who are finding legit projects.
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329
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Economy / Trading Discussion / Re: what advice?
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on: March 20, 2018, 12:49:16 PM
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i am new in trading . i want to start trading . what advice you should give me before i start in live trading?
Sharpen your understanding about the market as whole to see the real picture from how it actually works. Start learning about technical analysis especially using price action. If you are ready, I suggest you use demo account to make you confident first. If you can double or triple your income and even more, you may use real cash but dont use your hard earned money. Good luck! |
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330
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Economy / Trading Discussion / Re: What if everyone withdrew their coin in fiat?
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on: March 20, 2018, 12:44:17 PM
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Would there be enough money in the exchanges? Would bitcoin fail?
Supply is over loaded and price will fall deeper and deeper. If this happens to Bitcoin the whole market crashes like domino effect. It is different story if it happens to just one or two of alt coins. |
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331
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Economy / Trading Discussion / Re: Leave full time office job to trade crypto?
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on: March 20, 2018, 12:41:03 PM
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I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining.
Anyone who has been off work like me can share your experiences?
I quit my job as teacher to pursue my dream in crypto. I started investing in Bitconnect that turned out to be fraud. Yes I was sad losing around $1300 but at least I can work as bounty hunter now. |
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333
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Economy / Speculation / Re: The price of Bitcoin will soon reach $15k on April, 2018
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on: March 20, 2018, 11:53:10 AM
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I like your prediction based on Bollinger Band and Trendline indicator. Actually this is very reasonable because we will be entering Q3 next month. Whales have prepared themself to make a move in the market which is I believe to be bullish too. Besides, G20 Summit has come into conclusion that crypto is not threat in world traditional financial system.
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334
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Economy / Trading Discussion / Re: Making 1% Daily
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on: March 20, 2018, 11:46:54 AM
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Actually it depends on the market. You can trade cryptos with high volatility or doing arbitrage. Talking about steady income 1%, you should avoid lending program that also promises 1% return everyday at any cost.
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336
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Economy / Trading Discussion / Re: The Best Time To Exit Trading
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on: March 20, 2018, 07:34:10 AM
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People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game. Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time. Here's how. We all know that media plays a big role in the dump value of some coins. Accdg. To this site https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (contains also tips on trading) BUY THE RUMOURS. SELL THE NEWS (not literally)When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT. News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump. Believe me, I did that and it really works. Prevents deficits and prevents loss of investment. Media can drive people opinion. No wonder they can manipulate the price. As technical trader, I think the best time to exit trading when price hits new support or new resistance because usually price will rebound. But when it breakout usually most people get trapped. We know it as FOMO. |
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337
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Economy / Trading Discussion / Re: More traders.... Good or not?
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on: March 20, 2018, 03:48:20 AM
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If you are a new trader you should better start with demo account before jumping into real cash. I am afraid you will feel down when suddenly you make a big loss. I am a former forex trader, what I can tell you that trading is not really easy like you think.
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338
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Economy / Trading Discussion / Re: ICO investment Risk
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on: March 20, 2018, 01:03:07 AM
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Investing in ICOs is very risky that's why several countries like US, China and Phillipines ban ICO. If you are good at picking ICO you can be a big investor. Avoid grey ICOs with unclear whitepaper, team, and concept. Also, don't pick ICO that don't have a working product already or MVP at least.
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339
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Economy / Trading Discussion / Re: What is going on?
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on: March 19, 2018, 11:31:11 PM
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This is not the first time the whole market has crashed over 80% so just relax everything will be good. I suggest you buy more btc and eth. I think market is ready to rebound after G20 summit that resulted good conclusion.
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