I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,
The concept of poverty and wealth is a relative value, depending on the meaning that you put into it. But we can definitely say that it is much easier to earn a million dollars with 5 million available than to earn a million with $100 in your asset. |
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How many people can make a living from trading? I see many people lying that they can make a living from trading, but at the end of the day they are creating youtube channels and trading courses, so trading does not work, unless the person does it in the long term, something like buying bitcoin at $15000 and wait for it to go up to 18000$, then sell and wait for it to go down to 15000$ to buy, this can take a whole month just to have a big change, how would this person be giving signals every day? build some magic bot? that's what people don't analyze when they hear this signal thing
It is much safer to provide trading signals than to trade yourself, since in this case you do not put your deposit at risk. Therefore, such a great desire to receive money for providing trading signals is experienced by beginners who have already learned a little about trading. |
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And since they can't beat Bitcoin, they have now decided to fall back to Bitcoin and join the winning train...
No government has seriously fought with bitcoin yet, with the exception of China. Therefore, one more possible scenario should be considered, as a ban bitcoin. This can happen gradually, significantly reducing the number of centralized exchanges on which BTC is traded and up to a complete ban in various countries. |
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It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?
It is the trading experience that is the determining factor when deciding to trade with borrowed funds. And it is not necessary to remind about the high risks associated with trading on borrowed funds. If you have not achieved stable profit trading on the spot market, then you should not get involved with credit funds, since in this case you will lose more than trading with your own funds. |
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Here is my idea i create my Telegram chat group where we can trade together like team.
I do TA analysis there and we trade together.
I been doing binance futures for quite long time...
In order for your words to have more credibility, you need to first present here the results of your trading on the Binance, so that everyone can believe that you are really professionally and successfully engaged in trading. Otherwise, your posts will be ignored, as we have long been accustomed to such offers coming from newbies. |
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...But anyway I don't think the government is going to take much risk with bitcoin being so volatile, so I guess the final solution they are really thinking of is CBDC...
The salary payment in CBDC will not differ from the salary in fiat, as it is just another form of money. In fact, when you receive a salary in CBDC, you can also convert it to bitcoin if you wish, just like now you can convert your fiat to BTC. |
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..Just buy and hold bitcoin. Perform DCA in and DCA out. With your spare cash, put it toward innovative small-cap projects. The future is privacy, in my opinion.
That's how it often happens, after selling bitcoin for good money, we rush to buy "innovative projects" with this money and as a result we lose what we earned. If you do not use margin trading, then the correct solution is to wait until the BTC price go down again and you can buy bitcoin at the lowest price. |
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This kinda reminds me of the good old news where the boss of the company demanded his employee to refund or give back the salary he gave after the market went bullish. ..
We all understand that such payment in bitcoins should be settled at the enterprise so that similar situations do not arise later, regardless of whether the price of BTC will increase or decrease. But in any case, such a salary in bitcoins will be illegal, perhaps only except for El Salvador. |
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...So if you know some other genuine source for best Trading Signals let me know.
Most owners of such channels earn money by subscribing, not trading. Since it is quite difficult to make money on trading, it is therefore easier and safer to give signals to others. It is for this reason that we see a huge number of offers from those who want to sell their trading signals. |
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On ths usual, coins which are not considered by the majority as on 'top' of this industry, often has a higher rate of increase simply because their market values are predetermined yet.
They are such not only for the reason that their price has not yet been established, but also for the reason that the capitalization of such coins is very small. Accordingly, it will be easier to pump such a coin by 1000% than the price of bitcoin by 50%. But the problem of identifying such a coin at an early stage always remains relevant. |
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Altcoins are of course one after another therefore we must be vigilant and really careful in seeing the potential to invest in the long term. I don't think those who are at the top right now are good to be used as long-term investments to get maximum profit because they are at the top except just to get short-term profits. i am more pleased with the coins being below the top ten but they have the potential to be in the top 10 in the future, it must be very profitable.
Yes, the coins that are currently at the top of the rating will not give you the opportunity to earn 1000% in the short term, but they are more reliable. In this case, for a beginner who does not have sufficient knowledge, it will be safer to buy coins that are on the top lines of the rating. |
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Small bitcoin holders are in no hurry to part with it, hoping that the market will turn around as before and they will have a good opportunity to sell and get a big profit. But the market doesn't work that way. We will not see further growth of bitcoin until such small holders sell it. Accordingly, we should expect at least another strong decline in prices.
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When paying for work in bitcoins, it is very important to understand whether the payment in bitcoins is fixed or whether it will be different each time depending on the exchange rate of the national currency. If it is a fixed salary, then the OP will receive a double bonus in the bull market, but at the same time his boss will have to pay more generously than others.
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...The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?
Dogecoin price is definitely related to Elon Musk tweets, but it has nothing to do with whether he holds the post of Twitter CEO or not. All the past dogecoin pumps come at a time when Elon Musk was not the CEO of Twitter. In addition, even after he leaves the post of CEO, he will still have control over Twitter, since he is its owner. |
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I have been working as a freelancer for years, and I have saved some reasonable sum of money. ..
Investing in cryptocurrency should be a conscious and voluntary choice based on knowledge. And if you think that your knowledge is enough, you need to make your own decision about investing, since this is your money and you are fully responsible for their safety. But if you still have doubts, then invest half of the funds you have collected, and leave the other part to create a business. |
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In fact, I don't see any difference for myself in which way the work will be paid, if it can easily be converted into fiat without significant loss of funds for commission services. So there are no problems for those who want to spend part of their salary to buy bitcoins.
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So 2 months ago I started to accept Cryptocurrency as a payment system in my rice business. ..
Is it legal to sell goods for cryptocurrency in your country and do you include in the financial report the cryptocurrency that you received for the goods sold? I know that most entrepreneurs are forced to sell cryptocurrency and only then include the income received in their report. |
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...I know some crypto enthusiasts will say most of your money and investment should be in crypto because crypto is the future ( well I believe crypto is not just the future but the present) but I am not of that school of thought. There are other things that are what investing it aside crypto. Among all the investments available today, crypto is on the list of the most volatile. While this can lead to heavy profit, it can also lead to heavy losses...
Obviously, all investments in cryptocurrency on a bearish trend eventually lead to a meaningless hold of coins in your wallet for many years. Wait for it to finish and make purchases when the bull run has already become confirmed. In this case, your investments will bring you profit faster. |
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First i deposited 50000 and 8684 dollars to binance. Then scammer made 0 dollars withdrawal from my address without having my private keys. Address where this empty withdrawal happened to is similar to binance's deposit address. Last 5 symbols are same and 2 first also are same. Then i copied address of last withdrawal, confirmed that last 4 symbols are same and deposited 100000 dollars. I did not notice that other symbols of address are different...
I know about this method of fraud, but I didn't think there were those who parted with their 100 thousand dollars so easily. It is impossible not to notice that you copied the address at which $0 was withdrawn, while you deposited other amounts. |
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You can get rid of concerns about centralized exchanges including Binance exchange by withdraw your cryptocurrency from all accounts on centralized exchanges to your non custodial wallets.
When you finish your capital reallocation from exchange accounts to your wallets, you will be able to watch their drama, see fud and have no headache, no worry about your capital...
I am interested in the question of what will happen to the funds stored on the custodial wallet in the Binance Smart Chain network if the Fud of the Binance exchange continues. Will they be safe, because we know that the BSC network was created by Binance, and therefore dependent on it. |
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