hi guys please help me
how i can learn about traiding
still im on 0 level
from where i can start???
Gain knowledge first about trading through reading on different trading books or articles and then try to register on some trusted crypto exchange like binance and try to understand the market how it works before start trading. It's easy to start if you already have knowledge about it because if not, you will surely just lose your money in trading.
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Hello everyone,
I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing my money continuously with the same strategy i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.
Thank you.
Reset your strategy and use a new one. Learn the market movement so that you can create another strategy. Trading not just depends on one strategy, every movement in the markets needs new strategy to gain more profit and not losses. Also just analyze your past trading experience and you will be able to see what need to improve in your trading plan and strategy. Experience will be our guide and teaching methods.
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Trading is just for people with a lot of patience and with different strategy, knowledge and skills. People with self discipline and able to control emotions, with a lot of time to focus on trading and risky. If you don't have that qualification then I think trading is really not for you.
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Just woke up to noticed the 1000xcoin in my portfolio making a 3564% increase in price which to me a sign of a pump period, what are the indices that triggered such pump?
It's only bug and you can ignore it. I have been getting the latest announcement from the dev of 100x https://t.me/ELOofficialchat/1205951Some members already done swap to the new token. You must fill the gogle form to be able to swap your token or you will be loosing your money. Your 100x coin shows only fake value but it doesn't have real value as people have been jumping to swap their old token to the new token.s I also encountered coins like that before, it shows high value but juts a fake and no real value. Sometimes it's annoying to see your wallet showing huge amount from your hold but later on you will find that it's just fake and no real value.
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I think many people in crypto world already learned a lesson from the past and now knows when to exit after hype especially to the memecoins. It's very profitable but don't be greedy and exit when it's time to exit in order to avoid losses.
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If you want to invest in Ethereum now, it depends on your capital availability and how risky you are because so far ethereum already reached another ATH and I think it will not stop to surge high. It just happen that ETH fees are still high that's why if you want to buy now, just hold for a long term.
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Based on this article [1] there're 811 million people worldwide still lack of food, so 6 billion/811 million is $7,39. I don't think with such amount will solve world hunger or even Musk give more money, still it doesn't resolve the cause of world hunger. Lack of skills, poor money management, bad income distribution or lazy are the cause of world hunger. Teach a man to fish, rather than give fish.
[1] https://www.actionagainsthunger.org/world-hunger-facts-statisticsIt can't solve world hunger buy it can help even a little especially this time of pandemic that many people lost their job. There will be no disappearance of poverty and the poor, just in case it will cause an imbalance in the economy. People need to work just to live and not just to rely on others like what you have said. Everyone need to works base on their skills and capability. But is also good if we can help them as much as we can.
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In my own opinion, financial stability is capable for everything in terms of finances'. You have efficient sourced of income, with enough or more savings and can survive from any financial shortage.
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It's very dangerous to announce your bitcoins or any assets on social media because it will be treat to your life and your family. Money/wealth is a temptations to others especially to the bad people around. If you have a lot of bitcoins or money just keep quite and don't announce it to everyone. It will bring you and your family in danger. So, be careful!
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I think here in crypto space where everything is open, everything is possible. I also think both positive and negative about Shiba but still nobody knows what the future may bring. The value of Shib is depend on the market and demand. If the demand keep on increasing then I think there is a possibility that it will reach that high but not now, maybe after a couple of years, just my opinion. But don't just invest too much on this kind of coins with too much supply. Always invest with caution.
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Trading Strategies are not constant , it changes with time. If we think the particular method we were taught in the early stages during trading will still work for the market over time, we may keep on losing because the market changes with time. One particular strategy of trading can't be use all the time.
Yes, I agree because every time the market movement change we also need to change our strategy if we want to gain profit. That's why it's very important to learn the market movement and should also now how to analyse the graph to understand and to create another strategy to be use.
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Bitcoin adoption by banks has a positive and negative effect to all of us that used bitcoin. It's good if bitcoin is regulated because it will help to increase bitcoin awareness and trust but on the other hand the decentralization of bitcoin will be lessen.
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Being engrossed in the present, I think a lot have failed and refused to envisaged, or envision the future such as viz ;
•Bitcoin replacing Banks. •Robotics replacing Man-power. •Uber replacing Taxi's. •Amazon replacing Bookstores. •AirBnB replacing Hotels. I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
Banks have their own use case and it has existed since the beginning. Replacing it with bitcoin is impossible or it may not happen. Robots cannot do all human work, it will not happen to replace human power but they will remain in the future and will be a part of people’s lives because of modern technologies. Amazon is a company that offers online services. Bookstores will remain in different places and will continue to exist because people prefer to read hard copy type books rather than electronic books. Maybe a lot may change in the future but what people have been accustomed to since then will remain. Let the next generations face those changes.
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Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
No! I love trading crypto and I'm not just earning but also I enjoyed doing this kind of job. Every investment is risky also trading but all is depends on how you will handle it and how to take a risk. You know, you can't earn in crypto or even in other kinds of investment if you are not risky person. It is normal if sometimes you encountered losses but as you stay longer in trading, you can learn more strategy and will be able to handle your trading correctly and your emotions. Your experience will be your guide and learning method on this kind of job. To avoid quitting in trading, before you start , you should learn even basic in trading and also you should know the positive and negative output in trading. Better to understand first the importance and risk in trading and don't just think about profit because profit will just follow if you already know how to trade correctly.
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Taking profits in trading is depends on your strategy. For me taking 10% profit is better rather than sorry if the market don't goes in my plan. Also it depends on your coins that you trade. Many altcoins in in crypto market is just a hypecoins without real use case, so be careful and always don't be greedy.
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You know why I prefer crypto over fiat, simply because I earned a lot in crypto rather than working eight hours a day with a very small minimum salary. Although we still need fiat, Crypto is now my best source of financial help for my family’s needs. Hassle free and you're the only one responsible for your assets.
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The 13th years of bitcoin whitepaper and the 13th year of bitcoin existence. The best digital coin that Satoshi was created to saved people from poverty and change the lives of many people all over the world. Thanks for getting to know bitcoin and being a part of this forum. I hope to use bitcoin freely but legally in the future.
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I invested a little SHiba inu and this is a coin that I often observe in October, Shiba Inu seems to be able to fight the market, when a few days ago bitcoin and top 10 red, but Shiba Inu continues to skyrocket so now it is ranked 9, I believe the trend is Shiba Inu will continue to rise and it can be seen from the daily transaction volume that continues to increase.
Shiba Inu is really good to invest because it can be more valuable in the future. Short and long term investment for this coin is good. So far, there is a small correction in shiba which is good to buy more and hold for long term.
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alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
The same with me. I always solve my financial problem through trading that's why sometimes need to sacrifice. At first, I always regretted when I saw the price of the token I had traded rise sharply but as time went on I also controlled my emotions which is important for a trader/holder. Yes, it is not easy top hold specially for an average wage earner but on the other side, Holding is not just for a rich people but also for everyone who can afford to buy and invest in crypto despite of any situation and most important Holding is for people with a lot of patience.
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It means Russian can still use cryptocurrency and invest into it but under government regulation. Also people will always find a way on how to earn in crypto because they know how profitable it is even risky. We are lucky in our country that allows us to trade, invest and use cryptocurrency as a mode of payments.
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