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1101  Economy / Trading Discussion / Re: Why is crypto trading so similar yet so different from Forex trading? on: July 01, 2023, 08:13:49 PM
Speaking about their difference, one that I also noticed is that crypto trading isn't profitable during some period of years and that's when the crypto market is in its bear market. Trading during this period aren't always profitable since the price of Bitcoin and other coins will keep falling and if you decide to trade, you'll end up losing. You can only make profits if you're using other advance trading method like future trading.

Meanwhile there's no time that trading forex can't be be profitable unless you're not good at forex trading because you can decide to buy a currency or sell that same currency depending on the news coming from the country that uses that currency, example if their economy is doing well, you buy.

A bear market does not mean that the price is constantly declining. Each decline is necessarily corrected and this is exactly the time when a trader on the spot market opens a long. And similarly, such corrections in the cryptocurrency market, as well as in Forex, are very much influenced by news, which leads to a short-term price change.
1102  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TrumpCoin - Making Crypto Great Again! on: July 01, 2023, 12:07:59 PM
This is another shitty coin whose team wants to profit from the upcoming presidential elections, in which Trump will obviously take part. If this were true, then Trump would definitely have written about it on his Truth Social page, as he did earlier when NFT with his name were released.
1103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any airdrop hunters here need some leads on: July 01, 2023, 11:20:05 AM
that's good list but sei is in preparation to launch its own coin. I just hear that if the calculation for airdrop will be based on how many points being collected by its test net participants. The amounts allocated for airdrop is also pretty small at this moment...

These are just assumptions, since no one knows the criteria for airdrop distribution, except for the team that is silent about it. But we may be surprised again if SEI distributes airdrop, as SUI did earlier. And then all the completed tasks in the SEI test network will only be a waste of their own time.
1104  Other / Beginners & Help / Re: What is the best non Kyc exchange on: June 30, 2023, 05:31:59 PM
After the announcement by Kukoin that mandatory KYC is being introduced on the exchange, many traders chose BingX exchange for trade, which currently lacks KYC. But there are no guarantees that after some time, the exchange will not revise its rules and introduce mandatory KYC for trading.
1105  Alternate cryptocurrencies / Altcoin Discussion / Re: Recommend me altcoin to DCA till halving on: June 30, 2023, 05:16:30 PM
...Which altcoin can you recommend for me to start DCAing till  halving when the bull run is expected. ..

You can buy litecoin, which will soon also have halving and this can increase the price of the coin by 2-3 times. And this price will not be final and may increase along with the entire cryptocurrency market, which will be caused by halving bitcoin.
1106  Alternate cryptocurrencies / Altcoin Discussion / Re: Yield farming vs Staking on: June 30, 2023, 04:43:13 PM
According to its profit, yield farming far exceeds the income received from staking and in some cases exceeds 1000% per annum. But it is necessary to remember about the risks that are associated with volatility and are called non-permanent losses. In this case, the deposit amount at the time of withdrawal will be less than the amount deposited.
1107  Other / Beginners & Help / Re: Can I Recover my loss of crypto on this platform? on: June 29, 2023, 10:20:32 PM
...So my question is that how to trade Securely and profitably? ..

The answer to your question is obvious - you need to get theoretical knowledge. Having knowledge, you will need to gain experience, the acquisition of which will take several years of your life. During this time, you will lose your deposit several times. And if after that you still have the desire and will have money left, you can switch to profitable trading.
1108  Other / Beginners & Help / Re: Is it too late for newbies? on: June 29, 2023, 08:15:16 PM
...Is it the right time to invest in Bitcoin?..

Since no one can say for sure where the market will move next, you can buy bitcoin with part of your deposit. In this case, if the BTC price increases, you will get a profit. If the price of bitcoin drops, then you will have money to buy at a reduced price, and as a result you will get a good average purchase price.
1109  Alternate cryptocurrencies / Altcoin Discussion / Re: Venom Token Potential Reward For Early TestNet Users - Guide on: June 29, 2023, 04:57:55 PM
For those who perform activities in the Venom test network, a new task has appeared - https://venom.network/tasks/gravix To complete this task, which is to open a long/short position using leverage, you need to have test USDT in your wallet, which you can exchange for VENOM here - https://testnet.web3.world/swap
1110  Economy / Trading Discussion / Re: Why is crypto trading so similar yet so different from Forex trading? on: June 29, 2023, 04:47:49 PM
The main difference is that trading on the cryptocurrency market is associated with high volatility, which we do not observe in Forex. And despite the fact that you can use leverage both on Forex and on the crypto market, there will be significantly more liquidations on the crypto market.
Forex market is volatile too with very high leverage. Cryptocurrenculy market is younger and has less regulations so developers, projects founders, whales and signal groups can manipulate price more regularly and more easily.

I see both markets are very volatile and risky if we use leverage for trading. Knowledge for trading, indicators are the same but each market has its different sensitivity with news. News can lift price up or dump it and can kill your position shortly when you are not aware of such news.

There is almost no volatility in Forex and it is for this reason that high leverage is used there so that a trader has a real opportunity to earn 1%. In contrast to Forex, in the cryptocurrency market, you can earn even 5-10% without using leverage. And using leverage simply increases your profit in proportion to its size or increases the chance of getting liquidated.
1111  Other / Beginners & Help / Re: Not Another Merit Question. Please Hear Me Out on: June 28, 2023, 09:35:51 PM
...In this forum, it is almost considered taboo for newcomers to discuss merits. The typical response received is often critical. Some individuals attempt to convey their message politely by advising new members not to focus on merits, but rather to concentrate on creating high-quality posts without making merits their primary goal. Personally, I have doubts about this perspective. In order to progress on this forum, one must actively pursue growth and development. Being intentional entails setting goals. ..

Obviously, this is due to the fact that a beginner does not have a general understanding of cryptocurrency, but at the same time he is interested solely in merit. And until such a beginner gets enough knowledge, he will not be able to publish high-quality posts for which he can get merit.
1112  Other / Beginners & Help / Re: What is the best non Kyc exchange on: June 28, 2023, 11:40:50 AM
Kucoin is probably (for now) the best option...

From July 15 , Kukoin introduces mandatory KYC: "Starting from July 15, 2023 (UTC), newly registered users must complete their KYC in order to use KuCoin's products and services" - https://www.kucoin.com/announcement/enhancement-of-kucoin-customer-identification-and-verification-program
And this means that if there are still any exchanges without KYC, then we can expect that after some time, a mandatory KYC will also be introduced there.
1113  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any airdrop hunters here need some leads on: June 28, 2023, 11:23:21 AM

Interacting with those protocols will require good amount of $ to be spent, and then again it doesn't guarantee anything. Best suggestion I can give is interact with dapps/protocols where you feel like doing so and leave rest.
Right, specially test net airdrop will ask to deposit in their platform, it can be 30$-50$ even more i have seen a few airdrops but there are no guarantee you will get any rewards it’s definitely depend on your luck i think. So, it’s pretty difficult to predict that which project will pay reward or not. Personally i tried with several project and get only from only a project.

You obviously don't quite understand what you're writing about. If you are asked to deposit real money for testing in the test network, then it means that you have encountered scammers and you should be as far away from such a project as possible. As for the message that you quoted, there we are talking about the commissions that will need to be spent for interaction in the main network.
1114  Other / Beginners & Help / Re: Reintroduce myself and anonymously reading in the forum on: June 27, 2023, 07:30:43 PM
...Thank you for spending time reading my post. See you around!

The purpose of your presentation is unclear. If you were a previously known member of the forum who left it and returned again, such a presentation would be appropriate. In your case, the decision to return does not play any significant role for the forum. So come on bro without pathos, join the life of the collective.
1115  Other / Beginners & Help / Re: Teacher and Classmates Labeling Bitcoin as a Ponzi Scheme or a Scam on: June 27, 2023, 04:06:02 PM
...Recently, he expressed his frustration about his teacher and classmates labeling bitcoin as a ponzi scheme or a scam each time he talks about it...

One of the characteristic features of the ponzi scheme is the promise of a guaranteed profit, which is absent when investing in bitcoin. Understanding such fundamentals can easily identify where the dangers lurk. But this is unlikely to help the teacher understand this, since he has already formed a negative image in relation to bitcoin.
1116  Economy / Trading Discussion / Re: Why is crypto trading so similar yet so different from Forex trading? on: June 27, 2023, 01:24:12 PM
I think the most important thing here is the notion that this is trading. In any case, the trading process itself will not differ much, because the trading process is always approximately the same.

The main difference is that trading on the cryptocurrency market is associated with high volatility, which we do not observe in Forex. And despite the fact that you can use leverage both on Forex and on the crypto market, there will be significantly more liquidations on the crypto market.
1117  Economy / Trading Discussion / Re: Better to have a trading knowledge than depending on signals. on: June 26, 2023, 10:43:58 PM
...As a trader that relies on buying signals, how confident are you about the continuous availability of those signals. Would they always be accurate and dependable?  Heavily depending on signals is parallel to same thing as someone else trading for you with your money. How ironical!..

As a rule, buyers of signals are beginners who lack trading skills and knowledge about how the cryptocurrency market works. And after a while, when they acquire the necessary knowledge, they refuse such signals, because they understand that he can independently determine the level of buying/selling.
1118  Economy / Trading Discussion / Re: Met Beautiful Young Asian Woman On Dating Site To Teach Me Trading on: June 26, 2023, 11:08:59 AM
I met a young and beautiful Asian woman on a dating site. She is 27 years younger than me.
She belongs to a professional cryptocurrency organization that provides multi-millionaires with when and what coin to trade. About 3 - 4 trades a week.

She said she will give me the trades for free...

The fact that you were attracted to her beauty and youth, I can understand that, but what attracted her to you? Here the answer is obvious: either you sent her a picture of your penis and she liked it, or she wants to get your money by inviting you to place money on a fraudulent site.
There are no other options.
1119  Economy / Trading Discussion / Re: If my annualized return is above 50%, am I doing well? on: June 26, 2023, 10:33:41 AM
...The returns are not bad, but I feel passive and foolish doing this alone in my room.  I've been doing this by myself for three years, and now I want to expand, and I'm always thinking that there are more opportunities if we collaborate globally...

That is, you are not satisfied with the profit received for 3 years, which is almost half a million dollars, and you decided to create a team to get even more profit together? For me, it becomes like an impending fraud on your part, since I do not believe in your altruism.
1120  Economy / Trading Discussion / Re: Looking for Beta Testers for TradeLink's Algorithmic Strategies Platform on: June 26, 2023, 10:13:36 AM
So, these "specific tasks," "check demo statistics," "note any inconsistencies" requirements can be simply described as using the product normally. if you are interested, you use it. If not, well go your way. Testers and early adopters are interchangeable concepts in our context

Since you changed the name of the thread to "Looking for early birds...", this confirms the fact that there is still a difference between testers and early adopters, which you deny. Well, I went my own way with the hope that those who had some desire to stay here would follow me.
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