181
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Economy / Trading Discussion / Re: How do you feel about high-profile traders making wrong calls ?
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on: February 25, 2024, 11:39:10 PM
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...They both shorted Bitcoin at 50K - 49K. And quite likely they're both getting liquidated soon...
Obviously, when they opened a short position, they understood that there were prerequisites for this. Since this signal has not been worked out yet, perhaps the right decision would be to follow them and open a short position. In this case, you will have a better entry point than the one Gareth Soloway and Davinci have.
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182
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Economy / Scam Accusations / Re: Hyip website offering unusual returns
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on: February 25, 2024, 11:29:02 PM
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Except a newbie and a greedy person will see something like this and still fall into the trap, there are some offers in which the moment we are sighting them, we could have sense the danger in them, if it looks too real to be true, then its not something we should go for, as no any business will be willing in giving a daily interest on investment at such rate when they are not scam, how can they meet up.
There are also cases when people invest their capital in such pyramids consciously, realizing that this is a ponzi scheme. But they consider themselves smarter than others, naively hoping that they will have time to take their money with a profit before the pyramid collapses. And some of them really succeed, but most of them still lose their money.
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183
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Economy / Trading Discussion / Re: Spot Trading vs Futures Trading
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on: February 24, 2024, 10:31:05 PM
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As for spot, it is almost the opposite of futures. On the spot, if you sell or buy crypto assets, and when you or we see that we have a profit, we can immediately get it when we sell or buy, just as simple as that.
It only seems that spot trading is simple, it is enough to buy low and sell high) But what will you do if the price continues to decline contrary to your expectations? Using stop loss in the spot market is just as useful as in futures. Or do you prefer to wait until the price rises to the purchase level again?
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185
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Economy / Trading Discussion / Re: Spot Trading vs Futures Trading
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on: February 24, 2024, 01:41:56 PM
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...Just imagine that you opened short position on Bitcoin at the time when the price was 30K recently and now it reached 50K, imagine how stressful it is every day to watch how big a loss you experience and the price isn't going down in your favour...
Obviously, a risk management strategy was devised for this purpose. Using a stop loss in this case will be the right decision that will reduce the loss. And after closing a short position, you can open a long position and get a profit that compensates for your loss received when the stop loss is triggered.
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186
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Economy / Trading Discussion / Re: What can I do to be successful in trading with my small capital
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on: February 24, 2024, 12:56:02 PM
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do i need to an expert in trading before someone will be successful.
You can start trading and gain experience even with a small budget. But such trading should not be considered in order to obtain any significant profit. But you should not start such trading without having enough knowledge for this, either, since you will lose your money before you have time to gain experience.
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187
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Airdrops speculations thread
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on: February 23, 2024, 11:03:17 PM
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...So I will take the time in my free time to spell out this task and learn what is needed, for the first time we know the usual testnet has an implication of airdrop feasibility even though dev never said it but I believe if this project is successful they will not forget the initial contribution to the community.
When I see that Binance Labs is an investor in the project, I do not hesitate to join such a project. As a rule, such projects go to Binance Launchpool and this brings good profits not only to the participants of the Launchpool, but also to the early testers of the project. Nevertheless, I couldn't get more than 1000 points in tea.xyz.
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188
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Economy / Trading Discussion / Re: Hi let me proof to you my signals follow my trading
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on: February 23, 2024, 10:22:26 PM
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I been following signals of Signalboss and yes i can say i made profit no waiting hours once signal posted it moved right to way when using futures you make easy 50-100% ROE that's all i need i don't need any TA analyse or waiting i need the moment signal posted it moves and i make fast profit. Im not interested of anyone stats of profit im interested only when signal posted i make quick money. Im not trader and i have no time for me ise best If someone like signalboss give signals i been looking for this kind of service all my life i hope signalboss will stay and provide many years signals becouse i can not learn myself trading i have no time If someone give signals Im happy
It doesn't look like the truth that someone who is not engaged in trading would so simply follow the signal of a trader who has no reputation and evidence of his successful trading. You take your money too lightly, so there is a high probability that you will lose it.
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189
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Economy / Trading Discussion / Re: I Cant change Stop Loss position
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on: February 23, 2024, 01:17:51 PM
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...In Binance you can able to cancel any order or position(Stop-limit) in spot trading so I think the BingX exchange is the only exchange that can't cancel your old stop-loss position.
OP writes that he cannot edit the previously entered data for the stop loss, so he has to cancel the previously set stop loss and set a new one with new values. By the way, this problem is not only with the Bingx exchange.
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190
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Economy / Trading Discussion / Re: Hi let me proof to you my signals follow my trading
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on: February 23, 2024, 01:01:03 PM
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...Yes the paid option will be about 100$ monthly Fee.
It would be easier for you to prove to everyone that you are an excellent trader, following the signals of which anyone can make a profit by showing their statistics on the stock exchange over the past year here. Make a screenshot from your account on the stock exchange and publish it here and if there really is something to show, then this will be the best advertisement for your signals.
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192
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Airdrops speculations thread
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on: February 22, 2024, 09:02:12 PM
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I was also thinking to lock USDE in ethena because of trend and Binance support but when I open sites then only 4600 people deposited money which is not good and fee was also high so I changed my mind and not locked. I don't know that I have done right or not because of this project gives profit to the stakers and people will send profit screenshot in the Telegram groups then I will regret that time.
Currently, the number of participants who have contributed their money to Ethena is 19.82k. Yes, you will definitely regret more than once that you did not decide to make a deposit and, accordingly, you will not be able to get a part of the "pie". Today I managed to additionally deposit money into the USDe pool. But according to the Ethena roadmap, they still have to open LP pools for 10 million.
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193
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Economy / Trading Discussion / Re: Spot Trading vs Futures Trading
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on: February 22, 2024, 08:21:44 PM
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The major difference between spot and futures trading are listed below:
Spot Trading: It's less riskier and your funds will not liquidated so easily in spot trading unless the coins is highly manipulative but at the same time you may expect profit but not huge profits like doubling your portfolio in a day like you get chance to do in futures trading.
Futures Trading: Highly risky and it can either make you or break you as there are chances of multiple your portfolio within a day or with just one lucky/bulls eye trade and it can also liquidate your funds in few seconds if the market goes against your bet. Even coins like Bitcoin and ETH are not safe for futures trading and people usually end up losing due to higher leverages...
The main mistake of beginners is that they ignore the rules of risk management, opening positions with very high leverage, while using the entire deposit. This method of trading leads to a quick liquidation of the position. But if he opens his position with a minimum leverage of 2-3% of his deposit, then his chances of not losing the deposit will increase greatly.
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194
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Economy / Trading Discussion / Re: How do you feel about high-profile traders making wrong calls ?
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on: February 22, 2024, 07:47:37 PM
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I feel normal because I know the high profile traders are also human beings and they can make mistakes too. Professionals traders also have losses but it's just that they have gather many experience from the many times that they have traded therefore they don't make common mistake that a newbie only joining the market recently will make. High profile players also get carried away by their fame that they begin to think that they can control the market because of the high influence they have from many people following them on social media. ..
But still, we must take into account the fact that Garreth Soloway and Davinci open short positions have not yet been liquidated, which means that they can still potentially bring more profit. And until their positions are liquidated, we cannot say that their assessment of the current market situation is incorrect. Let's grab some popcorn and see how this drama ends.
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195
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Economy / Trading Discussion / Re: How do you feel about high-profile traders making wrong calls ?
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on: February 21, 2024, 11:46:32 PM
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...They both shorted Bitcoin at 50K - 49K. And quite likely they're both getting liquidated soon. To me it simply goes to show anyone can be wrong, and you shouldn't be certain of anything short term.
No matter how experienced a trader is, he will still make mistakes. But he will have much fewer such mistakes than a novice trader. But the main difference between an experienced trader is that they adhere to the risk management strategy, and even if his position is liquidated, he will lose only 2-3% of his deposit, unlike a beginner who will lose the entire deposit.
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196
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Economy / Trading Discussion / Re: Spot Trading vs Futures Trading
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on: February 21, 2024, 11:09:01 PM
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what are the advantages of trading in spot? I see there are many more coins available in spot but I guess that I should be careful with liquidity of those coins...
How can I know what coins to avoid? because of liquidity or manipulation etc? any tips when looking at the order book? spoofing etc?
The biggest disadvantage of spot trading is that you cannot actively trade when the market turns bearish. This type of trading is available only for margin trading. But if you are new to trading, then you should not rush to this type of trading, first gain experience in spot trading.
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197
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Economy / Trading Discussion / Re: Lost and loss
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on: February 21, 2024, 10:56:25 PM
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How is it that possible that someone can lost in Trading when he or she is making huge profit?
There is nothing permanent, and even more so in trading. And if someone got a big profit from trading today, it does not mean that tomorrow will be the same successful day for him. And it is quite possible that the profit earned today will be lost as a result of just one unsuccessful dealing tomorrow.
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198
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Airdrops speculations thread
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on: February 21, 2024, 11:52:10 AM
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All users who deployed NFT on Base,zora or Ethereum network are eligible for airdrop. I have NFT deployed on Zora, they didn't reward me, may be because no one bought it. Lol. I did not understand the criteria that guided the Optimism team when distributing the next one airdrop, but only 20 thousand participants fell under this distribution. And although I did not do anything specifically to receive this airdrop, I deployed collections of NFT in the Base, Linea and Zora networks as activities to receive airdrop in these networks, but I did not fall under airdrop Optimism, although I bought my NFT from other accounts.
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199
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Airdrops speculations thread
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on: February 20, 2024, 11:53:32 PM
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Etherna Labs yesterday saw their liquidity provider full if I'm not mistaken 25M and now they added another pool to 50M, there is still a chance for us to get Shards 20x per day but unfortunately now the gwei is high at 45gwei of course this will take expensive gas even at Etherna Labs (gas $10). https://twitter.com/ethena_labs/status/1759909231795335287Now to hunt something like this must be prepared to burn more gas because after all this is not once for tx. Yes, this is a good opportunity to make a profit and you need to use it. Today I recorded a decent profit from the received Starknet airdrop and plan to additionally place liquidity on this platform. Now we should wait for an acceptable gas and pray that the liquidity pools are not hacked.
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200
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - Do I need to diversify?
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on: February 19, 2024, 11:51:04 PM
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Maybe keep $1000 in XRP.
Where does everyone think XRP will end up this bullrun?
If the purchase price of XRP is close to the current one, then it would be the right decision to leave a small part of it in your wallet, and use the money you receive to buy several other altcoins, the price of which has not increased much yet. of the XRP price, but we can say for sure that it depends on how the SEC's lawsuit against Ripley ends.
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