I want to trade this site so any expert trader here who already trades this site. thanks
It's good to trade to well respected and reputable exchange where the trust is hundred percent sure, sometimes those new exchanges are not trustworthy to trade on, because some of them is still having some atoms of website challenges in terms of fast procession of you fund and issues of KYC, so it's better to go to a pronounced exchange like binance to trade, except that you making this particular exchange to be popular and you are using indirect ways of advertising the exchange. |
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I have a question! I am looking for an active messenger or telegram group (other platforms..) of crypto day traders to share information, signals, news... Do you guys have any suggestions?  From my understanding i do understand that this community people does not give a description of something outside the community and especially all this social media that many people do use to scam people, secondly telegram group has been used to defraud many people who invest via a group, i know quite well that it's good have a signal and mostly for traders. You can start up you own sincere you are from this community and share your link to people. |
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is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
One thing i noticed in cryptocurrency is that if you have your funds and you are not interested of having lost in crypto investment you will definitely calculate the duration when you will sell your Bitcoin when the price is low and when the price is high. People sell their Bitcoin depending the calculation of their profit they made and the time they invested in bitcoin. So the best time to sell your Bitcoin is when you have calculated the amount you purchase and see the current price of Bitcoin and draft out your profit. |
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I usually don't bother my self about BTC price but always keep update with news. But yet I decided to take a look at the price chart, then I saw that BTC price has broke the support for $20,700, the direction of the market has turned bearish and the next support should be seen in the $18k / $19k area. There may be a continuous downward movement this weekend. Trade with mindfulness and add a stop loss in all trades.
If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?
From your passed experience you know quite well that the price of bitcoins always fluctuates and when the price reached twenty thousand (20k) that doesn't mean that the price is going be dropping, the chart can be revised at stage decrement to increment, so the stronger the stagnant of the price stage more we understand the direction or the stage the price will fall in between, but right now i believe that bitcoin will rise again and it can continue to fall any longer |
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For many people, no it is not, the price is very high for the average people to be able to afford 1 btc.
Affording 1btc only come from understanding and your own means of strategies of investment to achieve 1btc, because in normal fiat currency not everybody that has it, but everyone is very curious to have Fiat currency but with your plans and arrangements of building yourself you achieve yours. It's very possible to have 1btc if you are an investor. Because objectives via investment will determine if you can be able to access 1btc. |
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Let's make a prediction that whether BTC will hit 45k again.
My prediction for BTC reaching 45k before this end is yes, it will hit at least 40k if not 45k.
I also think it's the best time to buy btc considering you'll get a chance to enter at a good price rather than complaining later on that you missed the "TOO THAA MOON"
Actually when Bitcoin is experiencing downfall it's when the investment is supposed to be ready to pertake. Because cryptocurrency is the kinds of currency you can not directly predict the price regulations or rotation. I believe that the price will increase and i dont assume because i don't know the exact period the event of it's acceleration will take place. |
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If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?
Let me educate you, op people who invest in cryptocurrency and especially a pronounce investor don't purchase cryptocurrency when the price in frequent motion of acceleration, it's when the price is immensely getting low that's when investors purchase cryptocurrency and precisely bitcoin. No investors who is inquisitive or curious to buy bitcoins when the price is going higher. And starting from the beginning people do purchase via the duration a lot of profit will manifest. |
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One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
I don't see the market being in a Bull now unless it's still in a Bear condition. So there are no special things that I can explain to you now for you to understand further. I think you don't need to be worried about the decline that is still happening in Bitcoin because the increase in the price of Bitcoin is still possible to happen again although it is still very difficult to know in detail when it will happen The market of cryptocurrency always come unexpectedly, because i noticed that cryptocurrency is the kind of currency that nobody knows when the bullrun will manifest and when the bearish market will manifest also. So our concentration is that when will Bitcoin rise and when is going to rise, the answer of the question actually is been determined by the demands of cryptocurrency market, because if the demand is higher than supply that we are sure that the possibility of the market accelerating to mega price is there. |
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I don't know how to handle this case, I have two junior brothers in my small town who lives opposite to my house, one help the other to create a trust wallet and 100$ worth of Ethereum was deposited into the wallet, two days later the fund was moved out to am unknown address, after asking few questions from the wallet owner I found out that the other guy has access to the wallet too, I believe he did the dirty trick because he never warned the wallet owner to never share his recovery seed with anyone..if you are in my shoe what will you do..
The answer is very simple, provided that both of them collabrate to create the wallet, their is every tendency that the wallet seec phrase has been exposed to unknown person from both, or the place where the seed phrase being kept has been expose also. Or one of them is greedy and it wants to own the funds. |
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Cryptocurrency is a business and business is for everyone unless you don't have interest on such particular business, when you look at this very well or scrutinized it very well you will notice that this world is now a digital world, currently many people is impacting the knowledge of cryptocurrency to their offspring from a tender age. Bitcoin is a good investment that is ver lucrative which people engaged on.
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Its a great advice from OP. Many new traders come in the market and think that they should invest his full time in crypto trading. But the truth is if you are a good technical analyst you don't need to quit job. So never take risk in this volatile market by quiting your permanent job.
To be sincere Bitcoin or trading is a side personal business and interest, what i want you to understand is that bitcoin have its ways of doing things, because the way am seeing Bitcoin trading it involves risk and something that involve high risk doesn't deserve to quit job for. From my perspective standing job should be your backbone with your trading. |
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This same question has come across this community severally, but nevertheless any questions deserve an answer to it. If your country doesn't accept cryptocurrency and especially bitcoin theirs every tendency that you will make use bitcoin in such country and especially when you are trader. because from my view many countries has not legalised cryptocurrency and especially bitcoin as legal tender but still it operate successfully with bitcoiners with any problem, if you trade on your house you not any issues with government
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Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
so many people have different ideology and different perspective of understanding the difference between gambling and the trading, it's quite clear that cryptocurrency or Bitcoin this with them a good calculation for the investment why gambling is all about prediction, so there is different between gambling and trading. |
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one way is not to buy, and wait until the price really bottoms out,
because in a bear market it is very difficult to predict the price of bitcoin and altcoin,
because the market when it is bearish will be very volatile.
Bearish to overcome it can only be achieved when you monitor the movement of the market before you purchase it. On my own understanding, the people who is prom to overcome bearish is people who are ready to invest in cryptocurrency cryptocurrency and expecting the price to be so low before adventuring into the market against lost. I believe that you would have scrutinized the market before investing. |
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You should have updated your main thread rather than creating a new one though. Anyways, congratulations on your journey. Looks like your moment is here considering the market is well and shorting is the key to get profit by now. What will be your username when the bull comes raging once again in the future? LongingPrince?
Newbies some of them find it very difficult to understand the rudiments of posting. Exactly your point or what you emphasis here is the main thing op would have by updating it's previous thread. So from my observation what i understand is the main reason while newbies get it rigid not to know what to do at a proper time, is because lack of personal research. |
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A Lot of damages have been done to Bitcoin in 2022, which is partly due to the economic woes of the world and high inflation plaguing global markets among other factors. The Crypto has been holding its ground tightly above the low of June 2022.
My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?
This question is a question of assumptions and question of prediction. I believe that Bitcoin price concerning next year 2023 and the price of Bitcoin concerning this year December 2022 is not dependable or reliable to anyone. But some people will still make an assumption which is not supposed to be in such form. Actually concerning the area of Bitcoin price. I only want to let you know that the price of Bitcoin can rise above seventeen thousand (17k) for now the price is not constant and it's fluctuating. |
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A lot of people have been disappointed in the price of Bitcoin these days, but that's only natural because the market doesn't always go up. There are times when the chart goes down and there is a time when the Bitcoin price chart increases upwards.
Stay relaxed enjoying the market situation like this. I don't think Bitcoin will go down any further. The lowest price for Bitcoin if it continues to decline is around $17.5k - $20k.
We can’t guarantee the price of bitcoin upto how much it will drop, but the thing with BTC is it can still recover no matter how low the price is, it just requires more time to wait and patience to hold and to trust the process. If we know how to trade somehow we can still get profit though much riskier and stressful to decide what to but and sell especially if we plan to trade altcoins. Better know our priority if we tend to hold or trade or take this time to just accumulate since the price is still low. Sometimes i embrace people who stipulate the price of Bitcoin via prediction in one particular value, but we all know that Bitcoin price fluctuating or going up and down is basically for the concernment of it's correction. Since nobody hold the regulations of cryptocurrencies price, theirs is every tendency that the price can recover without the time of expectations of low investors, but i want us to understand that Bitcoin price can be increased anytime without having a bias intension of continuous degradation in value. |
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a few days ago Bitcoin had reached $25k before dumping to $20k, and is currently at the strongest support,
it is evident that a few hours ago it had dropped below $20k and now bounced back to $20k.
that is why i do emphasis on the price of Bitcoin, because bitcoin price always not stick on a particular point and i believe that Bitcoin itself the price is dependable through the market circulation and mostly through the demands. |
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Namaste Group
I have been trading since 2017 and ride a lot in crypto and forex rollercoaster. I earned my fortune in 2020 bull run and lost everything.
I am here to share this bcaz, i get out of that depression frustration and misery.
I have again starting trading and came here to share my past and get some valuable knowledge from fellow traders.
thank you/ dhanyawaad for reading my post.
One thing i want you to understand op, is that no one who is curious into cryptocurrency that did not advocate or devote time to know the typical bases or the elementary aspect of cryptocurrency. Because i understand that trading is all about strategies and before you comprehend the methods you most undergoes the understanding. And secondly knowing the basic things of cryptocurrency you most study the system very well by carrying a personal research. |
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I'm responding to this through the headline. Because i know vividly that their is no prediction of cryptocurrency and especially bitcoin is hundred percent accurate, because all the preferable prediction of cryptocurrency to people is assumptions. Because from my perception Bitcoin is been determined on the increment of price the restructured of the market by the investors.
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