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I love scalping too. But there are several things you need to do in order to scalp successfully: first, find good currency pairs to trade. You want pairs that are moving relatively fast, with low spreads between bid and ask prices. Second, set up your trading account so that you can easily buy and sell currencies.
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You shouldn’t. If you’re working in a job or business, only then you should start trading as a part-time trader. You should never borrow or raise funds from someone else to trade.
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Honestly people making us fool and they want to get profit but we get lose they show that they are expert in trading and we give them $ in every month for gaining signal but actually they making us fool. We should to learn analyse the graph and we can trading .Trading is good thing if we have knowledge and if we take risk we can earn more.
They are not making us fool, they are scamming those newbies, they are scammers, and they are not trading experts; as real trading expert, they need more time to manage the telegram channel. There are a lot of professional traders that going to mentor you for free as long as he/she can see your potential on you. I have friends who tend to help their other friends in trading for free but only in their free time. Stay away from those trading signals, as it is useless. a channel or group of trading signals on average only benefits the channel owner. maybe the initial join he give guarantee for free but after that few months they will ask us to pay monthly. and as the crowd grew, he would raise monthly payments but with disproportionate results. I have seen cases when many newbies wanting to join trading and not knowing their trade analysis were looking for a shortcut to join channel trading signals There is no 100% correct signal mostly they are not accurate according to my experience as I tried to join before a paid signal in telegram yeah you can easily get an idea from this signal but you need to validate it yourself if this is really possible, for I now I only trust one where I can get really good signal as he is using Elliot wave analysis so far looks like 80% accurate, You can pm me if you are interested to join as of now Im only using limited and free signal from him.
very true, that there is no signal that is 100% correct so that the 80% chance you say still has a 20% chance of being wrong. but even though the 20% chance of loss is like 90% as you said above. and for me actually the best opportunity analysis is only in the person himself. if indeed someone wants to start trading but he is able to learn first before starting, I'm sure they will have a better chance than following the trading signals on the telegram channel You’re right that every trader should work on developing their skills. But for those who just want to rely on others, I think they should prefer copy trading over trading signals. The reason I am saying this is because we can’t verify if the signal provider is actually making profits on a real account or if he is even successful. Second, signals can tell you an entry point, exit point or maybe where to place your stop loss but it don’t take into account your position size which plays a very crucial role in the trading outcome. But copy trading services are more reliable for the fact that everything is transparent and visible to you. There is a track record which can’t be tempered, at least if the trading platform is strictly regulated like on zulutrade or eToro. The biggest benefit is it takes minimal effort; you don’t have to worry about losing the opportunity if you are late in implementing the signal on your account as copy trading is an automated process.
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I think the best way to start is to read a bit, research and start investing. The only way to understand how the market works is by actually being part of the market. Good luck.
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Frankly, while everyone seems to be comparing gold to BTC, all I’m wondering is why? Both are valuable in their own unique way and gold has been here for years. It can’t be compared. I wish people would understand the difference.
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It's definitely not a threat, it will take a lot of time for this to become part of the normal so as of now, it is just a small step towards figuring out how the public reacts to the digital dollar. The rest, we shall see.
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If you really want to get into investing, I think you should research and plan a budget. It is definitely a good idea to invest in BTC. What are you waiting for? If it is more information, there are books you can look through that can revise the terms and conditions of the market place so you aren’t completely lost. Just be mentally prepared to suffer loss, too.
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That’s because there is a conflict going on. Governments and banks are afraid of Bitcoin's success. And there is a lot of misinformation. However, in the long run, it is a losing battle. Everyone understands that Bitcoin is a clean asset. Even banks and governments will eventually purchase it someday. Just that people need more education and research more about it.
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You’re doing great work by sharing what you have. Teach them about the associated risks. Because of the nature of decentralisation with currencies, you must take adequate steps to securely preserve and secure them. They are volatile, yet with high risk comes the prospect of enormous return. I would start modestly to gain experience and never ever put more money at danger than you can afford to lose.
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Trading is speculation, but that speculation is not lame as it requires an approach. Gamblers have only one agenda: they are luck-oriented and lack a strategy and plan. So, I don’t think both are linked. There is a huge mindset and knowledge gap between the two.
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Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they take many things into consideration before taking the final call.Hence, they have more chances of earning.
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It is a good approach to teaching bitcoins. This will help new bitcoin traders know what bitcoin actually is and how you can sell and buy it!
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It’s natural for newbies to be afraid because they have never seen anything like this before. But if we talk about the whales, they know that the bitcoin will bounce back and to a greater price. This is a reason why there are bitcoin purchases still going on.
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You need to put a limit to how you trade and how you want to move forward. The market doesn’t put conditions on how you should trade. It’s you who has to see what you can afford to lose and plan your moves accordingly. Nothing comes naturally and you will have to decide all that you want to do.
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Strong hands increase their own strength by purchasing more. Since there will be fear behind them, everyone should see this as an opportunity. These people have an optimistic outlook on bitcoin, therefore even if the predictions didn't come true at the proper time, it doesn't have a significant impact on them. Even entry-level investors are investing more money now with the year 2024 in mind.
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Imo, when bitcoin is at its lowest price, that is the ideal time to purchase it and one should not look into the price day by day but overall. Currently, bitcoin is experiencing a decline, and this presents a buying opportunity.
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You can consider a mobile wallet but it is risky and easily hackable. I suggest you save up and get yourself a hard wallet so you can increase your security and maintain low stress. For the time being, it is okay but long term, not really. You need to backup also, so you can't risk your assets.
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Likewise, everyone has a different concept of the market. Some believe in bitcoin and some don’t. That doesn’t mean it doesn’t have value or isn’t real. It is. You can get rich if you make the right investment plans. That is all it takes, study of the market and research.
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Not really! I was somehow ready for the downfall. It’s a season of the trading markets and you have to adapt to the changing environment if you want to have a long stay in the market. At the moment, the best is to hodl and not get into panic selling. Bitcoin is here to stay and you better don’t lose hope.
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This is definitely not the best idea. Borrowing money to invest only keeps you in debt. You aren’t really investing then, because why the impulse? If you have FOMO, just wait until you have sufficient funds. Until then, use the time to learn about the market a bit more. Good luck!
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