Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
Yes my friend, now you are really getting the hang of it! I think holding is about the smartest thing that one can do, regardless of the wait time it actually takes for your stake to appreciate and moon, just so, as long as it appreciates. I have always just been a speculator and never really jumped all of the way into crypto. I never really held, and would just would make a few day trades here and there, every now and then. I have had a lot of coins that I sold for short term gain and now I regret it, but you live and you learn! |
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I believe that some coins will moon and others will most likely take some time because they have some good roadmaps with promising futures ahead o them. I will be honest. I remember when the DOGE coin faucets were paying out like 3 DOGE per hour. Now look at DOGE coin, it has mooned 10 times over. I would have never dreamed it was possible 5 years ago. As a matter of fact. I remember when ETH was only $1. Patience's is a virtue my friend
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Recently, I read an article that made me wonder why Satoshi decided to quit the project without ever returning, and secondly, what could be so significant that he could leave such a large project as Bitcoin. Another thing is that technology has progressed a lot so why no one has been able to track him down. These questions were probably answered in the past, but I couldn't find any believable answers. Article https://mycryptoparadise.com/satoshi-announced-his-departure-from-bitcoin-10-years-ago/Thanks for your answers in advanceh Who is to really say that Satoshi Nakamoto really ever existed at all in the first place? The only context clues Satoshi left was a style of writing that may have lead to him being an English chap (cheers!) but that was about it. It could be a whole team of people, who really knows for sure? What about that conspiracy, about Satoshi going quantum? After he completed his mission here on Earth he turned into condensed light and dematerialized,  Beam me up Scotty, another pint! All joking aside, they say that Satoshi, is most likely a quantum computer, because his past & present behavior was/is too altruistic , I mean for gods sake, He hasn't spent one coin from his purse since inception. |
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In fact, none of the votes above suit my heart but if this is true I will keep my coins that I have collected for a long time besides that if the price continues to decline, this is actually a very good opportunity for those who have funds to increase their wealth assets. because this is not talking about a day or two. hodlers are always a winner and it will stay that way. people who buy now and sell tomorrow cannot serve as the benchmark for this kind of thing. which I believe maybe currently bitcoin is undergoing a correction but this is very natural that in the crypto world it cannot be taken seriously so you have to sell all existing assets
Were you lucky enough to get in the first bounty campaign brother? If so it was a blessing in disguise( whether or not you religious, no disrespect). I'm not entirely sure if similar projects exist on the Bitcoin networks but if not, this would mean that Sovryn is the first of it's kind on the platform. The way I see it, I was picking up the same vibes I got from Uniswap, so I dived in. Didn't want to promote a scam or anything so I handled my Due diligence first and did some research and found out the POMP (Anthony Pompliano) himself was investing directly within the project. |
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I just found this when i tried to search more info about bitcoin earlier this day, https://www.investopedia.com/terms/s/sell-in-may-and-go-away.aspWhat Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)  From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence? Vote the poll & give your reason. Note : You can't edit your poll once it submitted It makes sense from a sentimental analysis point of view. May is when spring is within full bloom, right before the beginning of the summer hits. The only big money making event that really happens in-between May & October is the Independence Day 4th of July event in the states whereas every consumer is pretty much preparing for all of the following festivities like concerts, picnics, backyard barbecues , fireworks, amusement parks, etc. Lot's of Big shopping happening around then. November is where the big pick up is. Thanksgiving leads directly into Christmas, which equals a lot of money flowing everywhere and every which way you can think. Best time to probably buy in, logically. Spring is probably where the profits are ripe and signs of a bear are on the horizon. whereas November is where you could catch the bounce before it bulls. Thus, the cycle continues  |
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It is good to see someone of Musk's caliber (power, status, wealth, influence) showing love to the underdog. It goes to show that the big boys are pulling out all the cards. Up till now, nobody thought institutions and big guys payed much attention to cryptocurrency but proves they've had on there poker faces for some time now, definitely fooled me. Musk's huge investment surely caused that last bull run surge we had a month or so ago, no?
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Bitcointalk Username: chaoscoinz
Current post count: 1130
Merit earned in last 120 days: 3
ETH wallet [Address Must be from MetaMask wallet]: 0xc7c78356398c4d808Ea38DFD64E0eF330b425922
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Thank you, I have received my tokens, even though it wasn't the amount promised on the spreadsheet. |
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No distribution yet, the team already failed to keep to promise, I hope this won't drag for a long time.
I too, have not yet received any tokens yet brother. Ifan_pak10 has been serving the community with successful bounty projects for years, If I had to guess, I would say that it's the Sovryn team that has yet to act on paying out Ifan_pak10. I'm just as anxious as you, and want my tokens, I can't wait to check out the platform. I'm thinking we'll have just as much trouble getting whitelisted us on time, in order to use the platform right away, even though All tokens holders are granted exclusive rights to the platform before the official launch. |
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Is it necessary to practice bitcoin trading by replaying the market?
There is not much context with this post, and I'm not 100% sure that I can answer correctly, but I think you're referring to technical analysis when you say "replaying" the market. Technical analysis is when you look at the charts, which provide a visual "replay" of what has previously happened within a particular market. Example: "BTC/USD kraken", whereas "BTC/USD" is the trading pair, and "Kraken" is the exchange. Technical analysis relies on reading the past of candlesticks moving on a chart. So, to answer your question regarding " Is it necessary to practice trading by replaying the market?". The answer is yes, replay the market by learning to use technical analysis and observe the past and present, to help make a more rational & logical prediction of the future. That's a fundamental part of what it means to be a good trader. Study, study, and study some more, because practice makes perfect. Also don't forget, always remember to practice you're due diligence! |
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Bitcoin start the year with $28,800 and now it as doubled in value $58,300 late last month, since the correction, it rebounded, now threatening to break another all time high
Yeah, the price seems to be hovering just under the $5800 mark. I'm not really sure what is holding it back. I'm still learning how to use technical analysis together with sentiment. Fundamental analysis could also help to uncover some context clues as to why exactly that the price is ranging just below the all time high, and isn't taking off. How much correction was there, and are we possibly due for more?  I guess there's a whole lot more to it than just candles and wicks! |
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Fundamental analysis is very important, it is one of the things I need to work on a little more. I have been putting into a lot of overtime with technical analysis studies on Trading view & Investopedia. I think that it is really the key to having successful trades and investments. One should have a good overall understanding for both types of analysis. I usually frequent coin-desk for the latest up to date news on the crypto economy and scene. A third kind of analysis is market and trading psychology, if you can harness all three of these, you'll possess the Tri-force for success.
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The merit system seems biased, there is a lot more ass kissing for merits these days than there should be. I've been here for years since 2014, and right before I was going to become a HERO rank, BAM, they introduced the merit system. I'm not getting ready to go to searching for the merit Gods in order to beg for more merit. I'm comfortable being a senior member. It has it's perks.
I’ve already become Legendary before the merit system, but that hasn’t stopped me from collecting over 1200 merits and thus confirming that 1000 airdropped merits aren’t something I don’t deserve - as some imply when discussing it. I think you have the wrong opinion about how to deserve merits, because you imply that they should be sought from some merit gods - and since my merits come from as many as 249 different members do you really think they are all gods which require ass kissing as you say? Everyone has the opportunity to be a useful and active member, which will result in a reward with merits - without having to do any inappropriate things along the way (of course I'm not saying that such things don't exist)  I think you're mistaken, Did you actually read my post? I'm not here complaining about my rank, I'm talking about not being able to reward others merit without seeking out the merit sources. There's plenty of opportunity for senior members like I said above in my post. I don't assume any of these people are gods, I'm being sarcastic, no humor I guess  . There was nothing negative about my post, didn't mean to offend you brother! To each his own. |
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I am not sure if this is fair to the younger members since the older members received higher forum ranks much easier.
In their defense, when older members joined this forum, crypto prices were on much lower side, they (probably) didn't join for the sake of incentives hence less spam and there was no need for systems like merit. The merit system seems biased, there is a lot more ass kissing for merits these days than there should be. I've been here for years since 2014, and right before I was going to become a HERO rank, BAM, they introduced the merit system. I mean it makes sense, there's way too many desperate new users coming onto the platform hoping to get in with a good campaign (we've all been there), that if they didn't introduce the merit system, all of those sweet opportunities would be gone. I'm not getting ready to go to searching for the merit Gods in order to beg for more merit. I'm comfortable being a senior member. It has it's perks. Also the spam was getting ridiculous from the new posters. Sometimes I wish I had merit to give to others, some people genuinely deserve the merit, because they make stellar threads/posts, I see them all of the time. They say the voice of wisdom often falls upon deaf ears though. just my two cents  |
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Wow, he keeps it kosher and straight to the point. That was a very powerful message. It's almost as if it was a call for crypto. I wish I had gotten in early when I was just lurking around the scene. I have this dilemma where I'm afraid to go all in on crypto. I have been learning how to become a better trader. He makes some good analogies as well, nothing too cryptic either, it does contain a little fear mongering though.
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By the end of 2020, along with the strong growth of Bitcoin, some people used the trust of many to scam.
For example:
- Create virtual projects,
- Create virtual tokens,
- Create an investment website for the purpose of calling for investment,
- Create an airdrop that calls for people to deposit fees to pay tokens
- ....
Everyone should be careful when participating in projects like that.
Thank you so much.
Yes my friend, there are a numerous number of scams, and you can believe this, they're going to get trickier and trickier to avoid, so be careful. A year or two ago, I was scammed in a telegram group. The scammer pretended to be an official from a cryptocurrency project but was a thief in disguise. I sent my 1 Eth ($175 at the time) to the wrong address and poof, my 1 Ethereum disappeared. The scammer was even polite enough to thank me for my dear contribution. I learned my lesson the hard way for that one. |
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I think that whenever Bitcoin decides to move, many other altcoins follow within it's footsteps. A lot of people can't seem to quite grasp this concept and it is a real debacle when you think about it. Bitcoin is the founding coin and is the strength and support that other cryptocurrencies need to thrive. SO to be honest, in a sense, Bitcoins life directly effects that of other coins, eventually some coins do break off and go in theri own directions, regardless of Bitcoins influence, which in this case is very heavy.
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Disclaimer: "I am not a lawyer or financial advisor. I am simply stating my opinion. If you seek legal or financial advice, please consult with your local professional"
I'm not a miner, so I can't give you a definite answer, but I will say this, you could always look into stable coins. Stable coins don't move much between price fluctuations and are a good way to secure a position during a bear trend (run). It's just another option to think about. You could possibly move over some of your Eth to Stable coins to stabilize the crypto market volatility. Just something to think about mate!
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What great reset, what exactly are you talking about? Is it the price of Bitcoin, because I think the price greatly reset along time ago, somewhere around the $10,000 mark or so. As far as economic chaos, the covid-19 pandemic has been wreaking havoc all over the globe, including in the U.S. As far as the circus goes, it's always been a circus, really the same old show, just a new face on it. I'm pretty certain the future has Bitcoin in it, I mean just look at how much intuitional investors are pouring in!
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