They are of huge numbers and all of them are promising. One thing that you should have to do (and I usually did this often times) is to find exchanges among the list that only ask for small fees either withdrawal or deposit. This could save you a lot. Of course, we have to consider also a certain exchange that will offer higher bids.
Then, it is better to try them all and for us to know which one will give a better way of trading. Popularity really matters but also we have to consider its market volume cause that would make it easier to do buying and selling.
We should never just choose a exchange only because it has comparatively lower withdrawal and deposit fees. There are a lot of exchanges which might charge minimum for withdrawal but yet these kinds of exchanges might not have huge traffic which would lead for a smaller volume. Traders might hardly make any withdrawals and it would also be within long time intervals so we might not need to worry about the withdrawal fees as long as we are not transacting with smaller amounts. Mostly, the fees are considerably same for some top exchanges and the exchanges listed by OP in his article might have minute difference in their transaction fees. |
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I have not heard about the platforms you mentioned for copy trading but I have used eToro in the past to perform some copy trading. I really think that this is a most useful function for newbies who do not have any knowledge about trading but yet want to invest some of their capital into trading.
Copy trading actually minimizes the risk associated with trading as we only perform trades which are been researched by the trader we are copying. Also while copy trading, you should check the portfolio of the trader you are copying and also the ROI which is been displayed on some platforms. We have the freedom to choose a trader to start copying accordingly by paying some smaller amount of fees.
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Be careful with your strategy, you seem to be treating trading like you are gambling, betting on low odds with high return.
I know it happened in the past during the bull run where even shit coins pump, but there is no guarantee it will repeat, so better be ready with the result.
Besides, that's how it is here in crypto, big risk = big reward, so good luck.
In the past markets there were not these immense coins dominating the markets. There were few selected coins which were sure to experience a pump in those bull runs but in the current market situations, we can see a number of coins have the potential to experience huge pump in the coming bull runs but most of them might even fail and might run in the opposite direction which is somehow similar to gambling. We would never be assured fixed profits in terms of trading with cryptocurrencies and hence each and every one of us should use advanced strategies if ever we perform any such experiment to invest in some random coins. |
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Your subject might get a bit tricky for a lot of users here. Trading and Investing might be compared but we should never forget that they both are different entities. Trading has major risk of losing what we have but investing might minimize the risk of losing our coins as mostly long term investing would probably give you profits 90% times.
The most important factor here would be your experience. If you have good knowledge than you can trade with cryptos and make higher yield in smaller time intervals but if you lack in experience than I would personally prefer you to invest into some top coins and wait for them to reach the peak so that you can exit the markets.
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I dont really understand about what your are talking bounty gambling? Is this signature campaigns from gambling sites that pays bitcoin? Yes you are right most of the hunters today are joining this campaigns as a replacement from altcoin bounties because of not good enough income, some bounty also are running I also experienced some bounty that still not paying until now like swace terrible campaigns.
Not really fulfilling but its a good opportunity to earn even in a small amount its better to earn small than nothing compared to bounty from altcoins you have to wait 5 months and still nothing.
I got small amount but I think its good enough to help my needs. Also for me bounty is the first step to earn especially to those just starting in a gambling, participate in bounty give you opportunity to get earn even in a small amount but still its beeter than nothing. For me joining a bounty is not risk to do because all you need here is your time to promote and advertise their campaign, but before participate you must know it very well. You have bumped a 3 months old thread and the thread itself was not too good because there is no way someone can live of bounties from gambling casinos and I don't know if any casino offer such bounties either. Most of the casinos offer vip levels and to get those levels you have to wager a lot and there is some potential loss in the process. Anyways please try to read the last posts on the thread and reply because this is just too old a topic. |
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It is obvious that they have faith in you that is why they decided to put you up into a candidate for councilor.
I wonder the same because if someone has elected you for a task or role than they must have faith in your capabilities and you should not worry about being a gambler or drug addict. Yes when you are performing such task you should avoid talks about gambling but if somehow they discuss you about and you respect yourself as a gambler then you should explain them easily without an issue. I wouldn't stop gambling and I would clarify that I only gamble occasionally to have fun with my friends and it wouldn't affect my work as their councilor.
On a second thought though I think he wanted to say like when we are given extra responsibilities then we change our attitude at times because I myself was someone who used to be very lazy but when I heard I had to be in a camp about sports it changed my life as I used to wake up early and got more aware about heath,etc. |
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No matter how you keep a record of your losses if you can't control your urge of doing gambling, it will still not benefit you.
This is partially true because if you keep a record of your losses you will quickly analyse that you are loosing too much and let me remind you what Einstein said " He called Compound interest the eighth wonder of the world" similarly I feel recurring losses in gambling is as big as that because you loose some extra money daily and if you add them up you could have saved a lot. The first thing that you have to do upon entering gambling is to set up your limits. You should know when to stop and when to continue. Allocating enough funds for gambling would be an effective strategy to control yourself.
But, even setting limits is letting you loose money, right? If you keep a track of records you will be able to stop gambling much quickly. If you don't know how much you are loosing you won't find a reason to stop gambling. |
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I can relate with your pain because someone in my close family did something like that, it wasn't trading but it was some land issue through which they made a big amount of loss but the difference between you and him is that he always had a positive intent in life and shared his troubles with his mother because his father was unfortunately paralyzed a few years ago in some accident.
Now what happened once he shared his problem is that his mother gave a hefty amount of money to him by selling some precious items which I don't want to mention here and the money was used to help him setup a business and if you look at him today he is earning well enough to lead a happy life and his mother is overjoyed when she looks back.
My advice to you: Please first of all relax your mind and understand that you are not the only one who makes mistake, we all do and your intent was right it was not like you spent money on drugs so have the courage and share your problems with your father/mother.
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Limiting or implying those rules wont be possible.Why? This is supposedly a decentralized forum and doing such behavior would
simply remove it out thats why even admins doesnt limit that much or prohibit newbies to post up.Its up on the public on how
they do deal with it.The thing here is that the community would able to give out feedbacks which newbie readers should at least have
the time to read and research.
Pretty much that! Because, Theymos does not want the users feel like they are being controlled by the forum owner and hence even the little restrictions that have been applied on new accounts because of the immense abuse of that posting ability. Now coming to point, I believe there can be some sections of the forum where newbies should not be able to create new topics, yes allow them to post in already created threads but don't just allow them to create new ones. So that if they have any complaint or something they can feel free to post but at the same time, they don't have the power to shill. |
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Losing control while gambling is what makes it a threat when you do not how to stop and when to stop, this will make gambling a threat but if you can schedule your gambling activity and you only use money that is allocated for gambling only, this is fun and you will enjoy, winning or losing the game.
Completely agree with the first part of the post because it's a threat once you start loosing control over your gambling and it becomes an addiction once you know you are into problem gambling but yet cannot stop yourself. I would disagree though on the other part as gambling can never be fun because gambling can only be fun when you are winning, no matter how controlled a gambler we are but when we loose we all feel stressed because let's be honest the initial thought was to make some money now even if we know we haven't lost too much but then loosing any amount can't be fun at least not for me. |
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You can't mine bnb, it is fully released by them and none of it is actually created by anyone. I would still suggest everyone to buy bnb because it is a very very good currency that you should always have in your possession. You should definitely buy it even just because how great binance is going and how many people are really using bnb to pay less fee and after that there is burns and so forth which means t the price is constantly getting higher.
I am not saying it is the best coin ever or something like that but I really think it is one of the top ones. I would prefer to see bnb at the third position in the rank and move above XRP which is actually one of the horrible ones.
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At this rate I think the general market has to make some sort of changes to itself in order to keep going up. It is not really sustainable for crypto to go up and down constantly because it is making some people money but losing some people money so it can't continue forever, it sure has been doing that for years now and we have seen nothing profitable in the short term and not long term.
Hopefully, we will build more and more infrastructure for bitcoin, we need a lot more companies, a lot more business and a lot more adoption so that when we go up, it will not go down that easily since there are way too many people involved which will do their best not to let it go down. So that is what we need, more money involved by more people that will keep the price higher.
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We are both in a bullish time and we are not at the same time. We are bullish because we went from 7k to almost 9k prices and that is a bullish time and we are doing very well when you look at the year to date prices and increases, that is called bullish. However at the same time we have moved over 10 thousand dollars in price and dropped to 8.8k recently which means the past 1 week or so has been a bit bearish as well.
So, as you see for the past 2 months it looks like we are in bullish but for the past 3-4 days we are in bearish, we can be in both of those times but depends on when you look at it and how you look at it. Remember last year, we started with 3.5k last year and ended with 7k and when you look at it yearly it looks bullish but in between we peaked at 14k to drop to 7k and that looks bearish, similar situation here.
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Depends on what altcoin you are talking about, sure you may not want to hold something very low and not really liked for a long time and I can understand that, but if you are holding big ones like ethereum for example that means you can do it and you actually should do it. It is just a way you could potentially make money and that is kind of the whole point of holding long term as well. If you can hold bitcoin for long term, you can hold ethereum for long term.
There are some others as well for long term too but everyone should check those for themselves, I just shared ethereum since it is second ranked biggest coin of all time and highest ranked altcoin right now so that was obvious but there are few out there which you can hold for long term as well.
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for a beginner, you should choose a coin that is famous and popular. the top 10 altcoins will be a good choice for starters, and for learning. In fact, people use coins whose fluctuations are very high, and that is found in altcoins outside of the top 10. However, for the beginning try using BCH, or BSV, it has large fluctuations.
Top 10 coins from which list? From coinmarketcap's ranking? This must be famous and basic mistake, most of traders are usually doing and ending up losing their money by getting struck with corporate coins. For example, XRP is a shitcoin from a corporate (means not a decentralized coin) and if you notice by this time last year it was trading around 9000 satoshi and right now trading below 3000 satoshi. Another perfect example is TRX, which was trading last year around 700 satoshi and now just came above 200 satoshi. These are the coins which do get their places under 10 in coinmarketcap list but sucking innocent investors money slowly. |
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Leverage has become increasingly popular recently now that more and more people are advertising their massive gains from leveraged (gambling), and many derivatives exchanges actively advertising the high leverage offered on pairs certainly doesn't help either. The winner for all of this ends up being the platform, and I even recall Bitmex used to have a much lower maximum leverage a few years ago (something like 20/25x) before they upped it to 100x, probably to reel in newbie gamblers. It's certainly extremely worrying how many people are misusing leverage, though.
Well, now even binance has uplifted the maximum leverage upto 125x which usually attracts a lot of investors. Usually we could even trade with contracts for 1 BTC with just 100$ in our margin balance by trading with 100x leverage and this might even show huge profits but risk associated here is comparatively much higher. In case you are trading with 1 BTC contract by keeping 100$ in your margin balance would make you lose those $100 if ever the price bounces back in opposite direction by just $100. In no time you would see your futures account loosing each and every dollar on board. There might be some individuals who have made profits from leverage trading but at the end, it is the exchange which makes profits and not the traders. Each trader has to face loss at the end. |
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I guess you can talk about bad things and find the good things in it as well. Think of one of the worst things that has happened in the 20th century, holocaust (maybe something worse happened but I can't think of anything worse) and even in that, there was Volkswagen who created very cheap cars with Nazi order and managed to spend insane amount of free labor and free inventors etc etc to actually help the world out in the long run, same with Bayer company, they literally murdered and tortured many people but in the end they invented many great drugs to help the world out, look at Giza pyramid, thousands of slaves died but now we have one of the best pyramids.
Many amazing achievements in life was done by throwing human misery into it like Louis Ck has said.
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when you read tutorials or guide you might expect something or do something a little bit off than what the book really meant to say to you because its only pure text but when you try video tutorials you'll have higher chance of getting and learning trading quickly. Also showing or seeing what you should focus on the charts is very important part of tutorial and nothing beats video guides in that but i am not against books, books is also useful specially when you don't have internet, its just you settle for more.
Video tutorials might be a best option for those commodities which keeps on updating. Charts and patterns are something which are constant without any change since years and a book could really make us understand those patterns more closely with some images as well. Usually, we could find a number of videos on youtube giving a detailed guide about such patterns but I individually found least of those videos useful. But instead, I could gain huge knowledge just by reading books. Also once we read any book, that books automatically gets stored in our unconscious brain which would be recalled once needed and this really makes me much close to the patterns as I could understand the patterns without any complications. Also the book would always be with me for further clarifications so I would love reading the book stated by OP. |
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To monitor, we have 1000s of way but to eliminate the dangers associated with leverage trading what you have? We cannot simply go forward it is a high risk -high reward way of trading. Because, in my opinion leverage trading is kind of unnecessary risk in the greed of high profits when we have sport trading for decent profits with low risk and more importantly with guaranteed peace of mind.
Alerts or reports or any kind of thing will not save you when market do a reverse. When market is complete unpredictable we must need some cushion to wait which is the exact thing leverage trading is not providing. No one could predict exact turning points to enter and to exit and when this is true, it is always highly recommended to stay away from leverage trading regardless of how advanced tools or apps are equipped with.
That is why I compare leverage trading with gambling. We can see that a number of greedy people usually go for leverage trading with the greed to have immense profits in minimum time interval but with those huge profits comes huge risk. Leverage trading might even make our entire wallet balance to "ZERO" overnight if the price continuously moves in the opposite direction. Crypto markets are high volatile and they might even make a move above $1000 in a single day which might give you huge profits if the direction is on your side but on the same hand you can imagine the risk associated here. Spot trading is always good but would need high capital whereas you can start with a lower capital with leverage trading and this might be a benefit of leverage. If you are wise, you would make huge profits with leverage. |
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