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?
Everything has a principle. There is nothing without principle.Whenever you go for trading on a trading platform you should aim to buy at low prices The basic principle of trading platforms is to buy at a low price and sell at a high price.And if you can trade keeping this principle in mind, you can be considered as a trader. |
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If there is no thought in every person then he will never be able to achieve success in any work First you have to think and then you have to gain experience from there If you can think and experience there, you can become a successful person.And even there if you are not successful and the experience spoils, from there you will learn the most and experience the most.
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1. Be patient, don't panic.
2. Buy and hold.
The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.
It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.
Do not panic. Everything will get better.
None of you will break this bad time. This bad time will end very soon.If we can overcome this bear market then surely we can see something good ahead If we analyze the last year's market,Every two years the market turns into a bad position. But if we see a market high then we can definitely say that the market will soon take a better position and set a new record.But we have to be patient and overcome this bad market position.But if you have the ability, you can buy the most popular coins in this market and keep them as long-term investments. |
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If you want to learn about trading, you must have good knowledge about any subject The market should be aimed at the maximum and always thinking about each candle If you can't analyze the trading platform, you will never be able to trade as profitably as you should by trading with estimates.But trading also has different qualities, if you do futures trading, you need to have more adequate knowledge and good skills about futures trading, otherwise futures trading will never happen.can't do
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We should never connect our wallets to any unknown website. There are many scammer websites that will take all your money under their control if you connect a wallet.You should always refrain from such activities as these are very dangerous.Do not connect your wallet anywhere, as doing so may put you in danger.I have seen many people fall for this kind of scam and they lost a lot of their money. Always research and do your due diligence before connecting. thank you |
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We first started working on Bitcoin Forums and Bitcoin Education took off from there.Although Bitcoin is easy to learn, we often get stuck on learning trading platforms.It seems that we have not learned anything in life. If you can get education in trading platform, you can make a good situation.But unfortunately we fail in this trading platform.Everyone can learn from the trading platform.But there may not be successful in the morning.To be successful you must know and study enough about trading.
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You must adopt different strategies to overcome the bear market. For those who invest when the market is good, it is very difficult to overcome a bear market.In a bear market we can buy some of the coins that are most popular and keep them as a long-term investment.But you can't be disappointed whether the market will increase or not.If we buy some of the coins that are popular in the bear market, we can make a good amount of profit from it later.Although there is risk, we will try to buy at low price without risking it and accumulate and sell later and take huge profit from it.
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I once invest Polkadot 2 years ago, because they actively advertised in various media, at that time I bought at a price of $ 5 and regretted because I skyrocketed up to $ 50 at the end of 2021 or a year after I sold, of course I would see the development of Polkadot for investment again.
Polkadot is a very good and popular coin. At one point the price of this Polkadot rose up to $50.But now it has reduced a lot due to bad market conditions But those of you who are very confident in investment can invest in all these platforms If you can invest in this bad market at a low price, then after the market is good, you will see that you have enough profit from here. |
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Do you think that Metaverse will actually work out in the future? I am one of the very few that believes that Metaverse won't be successful because what the world cares about the most is the most needy, I asked myself if metaverse is really needy and I can't seem to find an answer, what about you?/
Definitely a specific location in the metaverse. It is gaining a fair amount of acceptance as it has its niche However, there is still a lot of conflict between people about how far they can move forward in the future Although NFT has gained a place among people for a time, it has not gained much acceptance or popularity, but it is understood that it will not in future.However, how much Metaverse can do is also very doubtful among all. |
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Ripple has success in court and that is why the currency is flying high. Take into consideration the 3rd and 4th largest Cryptos as of today are USDT and USDC and Ripple can soon go to the moon. Would you consider investing now in Ripple instead of Bitcoin?!  I can never think of investing in Ripple instead of Bitcoin Ripple is a very good coin and has a lot of popularity around the world. However I don't see it as a rational investment like Bitcoin.Of all the things that have a trust, I find the most trust in Bitcoin. But if I can think about it after employing Bitcoin, I can invest in Ripple.But hope Ripple goes to the moon very soon. |
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UST was their stable coin on the Luna platform. But UST was a junk coin.Due to which the Luna platform became completely destroyed.A fear crept into the people since this UST stubble became annihilation.They are also afraid of various stablecoins. USDT USDC and BUSD are all coins they are afraid to invest or save.But you can certainly stack or save USDT USDC and BUSD at a specific APY.But you won't have any ricks but will get a lot of profit.
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In which coin should I invest money other than bitcoin? Because bitcoin has been the most profitable And what will be the future of the other coin, will it increase or not, then you guys can tell. Thanks in advance
Bitcoin seems to be the most popular to invest in. Still if you are looking for long term investment then definitely Bitcoin is the best long term investment.Also BNB is good enough to invest all coins in Ethereum.However, considering the current market situation, you can see that all the markets are running depending on Bitcoin, so if you invest, invest on Bitcoin. |
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Sorry if my question makes no sense, I am still trying to learn more about crypto in general. Which coin is more closer to BTC in all form? LTC or Doge coin? Also is any of these project have something in common with BTC?
Bitcoin is one of the most popular cryptocurrencies. No other coin compares to Bitcoin.Bitcoin can run on its own power and all markets go up and down depending on Bitcoin.Here Lite Coin and Doge Coin have nothing to do with Bitcoin.But if there is a good future like bitcoin here, then I will say lite coin.Because LTC is a very good coin and popular.Its future is similar to that of Bitcoin.LTC are way ahead of doge coins. Doge Coin has nothing in common with LTC either.However, you can invest in Bitcoin for the long term. Bitcoin is the best for long term investment. |
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Now I want to Holder long-term projects. I like platform coins like: SOL, ETH, ... But because it has grown too much
People can suggest hidden gem projects. marketcap under 500 million dollars
Here is a list that I synthesize from the comments:
- Near
- FTM
- Alpha
- GLM
- DAO
- RAY
- DHT
...Updating...
You can leave a comment on the above list or suggest potential Coins.
Ethereum, Solana are very good and good enough coins for long term investment.Also here NEAR is very good coin for long term investment for me.You can highly consider this NEAR coin for future planning and long term investment.Also for long term investment you can long term all coins in Matic Polygon, BNB.If you can invest all these coins for long term, you will be able to profit a lot of money in one time. |
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In the current market situation, the entire market is now bereft. But the market is not looking good.No one is able to properly analyze what the market will do next.We are all looking forward to seeing a good position in the market.Many believe that Bitcoin's bull run will begin in 2024.But we have looked at the past years where we see market bullrun every two years.Then we can definitely see a market bull run in 2024
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Although Terra Luna is not a classic scam project, it is a very risky coin for people.People lose maximum amount of money from here and their trust and faith is broken from this platform.However, the project is on the verge of destruction today due to a huge mistake by the platform owners. However, despite their efforts to recover, they have succeeded given the current situation and the investment people have made can't do
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