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1  Economy / Trading Discussion / Re: The sole difference is capital. on: November 25, 2022, 08:27:09 AM
Capital is a major part of trading but not the only one. It in fluences the profit that comes in the loss that may occur when the market is very poor. Huge capitals attract huge profits when the bull is present, but when the bear is around the corner you smell a great loss if greed sets in. But in the end of it all, whether you're in profit or loss the point is try not to ever lose your capital. That's the most hurtful part of it all
2  Bitcoin / Bitcoin Discussion / Re: What Happens to Our Bitcoin and Other Assets If We Die? on: October 29, 2022, 06:11:54 AM
They simply die with us if there's no other person that has access to them. In most cases it's pretty obvious that people don't have access to whatever crypto currency we possess because of the safety of these assets, trying to prevent them from being stolen so we choose not to share the access with anyone even to the point of family members. So If no one knows about it then it becomes lost the same way we lose these cryptocurrencies whenever we lose our recovery phrases or any other means of getting them again
3  Economy / Trading Discussion / Re: How can all (or most) cryptocurrencies rise and fall at the same time? on: September 19, 2022, 09:26:01 PM
BTC seems to be a big influence on the cryptocurrency market that when it goes up others follow suit as well as when it drops. Also those buying the crypto then to hold and hold all at once and those who sell also are likely to sell all at once so this definitely affects the rise and fall of cryptocurrencies
4  Economy / Trading Discussion / Re: Every "Bitcoin is Dead Headline" is a Buying Opportunity on: July 11, 2022, 04:42:18 AM
It's always a common thing for people to say Bitcoin is dead but they fail to realise the opportunity that comes whenever there's a dip. But again it's also a big loss for people who already bought high, especially those who don't have extra capital to reinvest when this kind of opportunity comes . So we need to have the mindset that bitcoin can't continue to go up and up,at some point it definitely has to drop. It's how the system works,it comes with risks, profits and losses. We just need to understand it better to reduce our losses and get more profits
5  Economy / Trading Discussion / Re: Alt coins are About to pump again! on: June 28, 2022, 11:53:14 AM
Again, your predictions might be right but one can't really say it is the bottom. When we make conclusions based on a particular coin’s movement of recent. And ALTs take a lot of time too, usually after BTC has done some fast moves
6  Economy / Trading Discussion / Re: Do real traders care about bear & bull market? on: June 22, 2022, 05:27:15 PM
This are very critical and important seasons in the crypto world. They are both opportunities in their own way so every trader, be it experienced or newbie much pay attention to which season is present at all times. This would enable them to strategize properly to make more profits and avoid too much loss because profit and loss is part of the market
7  Economy / Trading Discussion / Re: You don't need to hodl a particular coin all your life on: June 22, 2022, 07:01:15 AM
To be able to hodl is never an easy task. It could be profitable and at the same time be a disaster. Right now I'm regretting why I held on to a particular coin for too long even though it got me some profit initially. One needs to understand how to hodl works
8  Economy / Trading Discussion / Re: Enter the market with a loss mindset~what you can afford to lose on: June 18, 2022, 12:24:18 PM
Very true. Go in with what you can afford to lose or let go. It helps a lot thats why everyone is encouraged to in with a certain level of experience or training as well as not having the get rich quick mindset. Fluctuation in the market makes predictions difficult to get it right so it is advisable to take profits even though it can be sometimes difficult to do that
9  Economy / Trading Discussion / Re: Dubai: FIVE Hotels Unveils Support for Bitcoin and Ether Payments on: June 17, 2022, 06:27:27 PM
This shows that cryptocurrency is the future. But does this topic fit into the 'Trading Discussion'?
10  Economy / Trading Discussion / Re: Bottom For Bitcoin? on: June 16, 2022, 02:52:54 PM
No one can perfectly predict the exact bottom for BTC but there could be very close predictions. Also knowing the best time to buy isn't certain .It could get to $15k though. In the end you'd be the one to decide on the risk to take
11  Economy / Trading Discussion / Re: BTC (or crypto in general) on: June 15, 2022, 02:29:12 PM
Cryptocurrency is the future despite showing how unstable it can be in recent times. It is a work in progress even though it has made a lot of people today rich and very rich. With an unstable economy comes unstable market. The bear is here but the bull would definitely surface again.Getting BTC is a good idea but be able to hodl because it would definitely go below your entry point before the bull season comes
12  Economy / Trading Discussion / Re: Trading's best coin on: June 13, 2022, 11:06:54 PM
At the moment coins are difficult to refer as being the best to trade with. But in the end one could still say BTC is the best due to its ability to bounce back with greater speed compared to alts.
13  Economy / Trading Discussion / Re: Cryptocurrency Huge Down from ATHs. what will happen the next ? on: June 13, 2022, 04:45:54 PM
The market is bloody. We don't even know what part or year of history is repeating itself. Hopefully this might just be a sign to the end of the bearish season.Buy all you can if you have the funds but also know that not trading at the moment is also a form of trading especially for those who have their funds stuck in other alt coins , even in BTC. Alts do not respond immediately like BTC but will respond with time
14  Economy / Trading Discussion / Re: The market is confusing on: June 13, 2022, 09:59:10 AM
Truly the market can really be confusing whether you're paying attention to what is being said by people or to what you believe is correct and profitable for you. Having a perfect reliable signal is never easy and it's hard to sometimes stick to a particular one because others would also come up with more enticing signals that can make you lose focus in the one that you've been using. Again, the very day the signal you concluded to refer to as "reliable" suddenly fails you once or twice you'd start looking for better ones which might even be worse than your previous one. So in every market there would always be risks as well as trial and error that might be favorable for a while but disappointing sometimes
15  Economy / Trading Discussion / Re: Is Forex trades is a part of Crypto Trade? on: June 12, 2022, 08:55:02 AM
Normally they both share certain similarities but I'd mention one. They both have to do with trading currencies. Forex trading deals on trading one fiat currency for another hoping that it rises in value, same way crypto trading deals on buying and selling of digital currencies but this time in crypto currencies only which could later be converted to get profit.So one could say that they're similar but different 
16  Economy / Trading Discussion / Re: The Legendary Forumla of Dip = Opportunity on: June 11, 2022, 12:29:22 PM
Every dip is an opportunity no doubt but then aside the fact that people are scared of taking risks at the right time and start asking certain questions as to when to buy or when to sell, it would be good to know that the dip in most cases favors those with funds and not those with little. When your capital is already invested in crypto and a sudden dip comes in, people become caught up in the point of "should I sell now "?. So it's either they take the little profit at the time and not become greedy or they sell at little loss instead of hoping and hoping that it would go back up. They could also hodl but for those with a lot of funds they could also hodl and at the same time buy more when it dips. So every dip is an opportunity but it mostly favors those with enough funds
17  Economy / Trading Discussion / Re: The Easiest Way For New Traders To Profit From The Crypto Market on: June 11, 2022, 08:05:20 AM
Is there any such thing as "the easiest way"? ...i mean all the ways are difficult in their own little way. We'd all be millionaires or billionaires if there was such a way. No doubt some ways are more difficult, sometimes you have to put in a lot of work depending on some strategies being used. So definitely training or experience is needed for a newbie anyway
18  Economy / Trading Discussion / Re: How to avoid crippling losses when trading? on: June 10, 2022, 08:46:50 PM
Do your own thorough research and never go all in. Different strategies exist that could work for some persons and won't work for others but the use of stop loss could go for everyone, for it may be a universal strategy
19  Economy / Trading Discussion / Re: Which crypto will going to explore after this bearish market ends? on: June 10, 2022, 05:08:08 PM
Without a doubt it is only fair to say bitcoin is the only one. Then maybe after a long while other alt coins my just follow suit
20  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: June 10, 2022, 09:06:47 AM
If that ever happens then we're all doomed based on those who bought alt coins. It would favour those with stable coins available. I'd definitely take the risk of selling my small land to get BTC. I know it could go both ways, either it favors me or goes against me but it's worth it. But in the end I don't think it could happen
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