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781
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Economy / Trading Discussion / Re: Trade by yourself
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on: July 17, 2020, 11:16:32 AM
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There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.
You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Yep, the best decision to do is make yourself even more familiar to the market of the coins that you are planning to trade. Signals are unnecessary if you know how ti make analysis from different market charts. Plus, signals are expensive, and most of these signals are not accurate. It's just an another risk and more probably, another waste of money. However there are signals that has good service, they are actually worthy because they are much rational than those shit signals. If you found it that's worthy to try. But still, learn to trade by yourselves. |
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782
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Economy / Trading Discussion / Re: What is good amount to start day trading is 100$ enough??
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on: July 17, 2020, 10:42:22 AM
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
You lost your accounts? Did you jusf forgot your passwords? Or you are always being hacked? Or probably the trading platfrom thst you've chosen to trade is a scam? I never lost any trading accounts. You should not lose even a single one dude. Well, I suggest that you should pick up the legitimate trading site like binance. Also make your accounts more secured. Use strong passwords and do not use passwords that you are already using. Be careful dude, you already lost huge money, yet you're not even started trading. |
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783
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Economy / Trading Discussion / Re: Newbie should trade or not? Please give me idea.
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on: July 17, 2020, 09:58:24 AM
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Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Demo accounts are good on practice trades. Try them, they will help you a lot. Always do remember that in trading, buying low and selling high is the goal because that's the process to gain profit. But that will not come true if you picked up the wrong coin. There are coins on the market that are not worthy buying and holding. Study the market, the charts, the coin's history, from that you can make a rational decision that will help you to gain profit on that trade. Set some margins on cutting loss and cutting profits, but if you could analyse the market really well, you do bot always need to follow that. Make a decision depending on what is the current market. |
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784
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Economy / Trading Discussion / Re: It's ok if your profits are less
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on: July 17, 2020, 09:18:31 AM
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I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
That makes your trade safer. And in fact that you already profited from holding the coin for a long time, your decision to sold for 0.002ETH is good. It is good move since that you thought that it might go back on a lesser value again We just do not know the price when you bought it. This is what I am doing on my bitcoin. Since I always had chances to buy it at $6000 mark, it's an opportunity to just wait for btc to reach $10,000 then I'm ready to sell it. In fact, I'm already satisfied on $9500. Just doing this cycle because it is effective. I actually losing nothing. Just takes time. |
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785
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Economy / Gambling discussion / Re: Home Court advantage = Not an advantage now because of no-live audience?
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on: July 17, 2020, 08:43:04 AM
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I guess what mostly affects home-court advantages are only Baseball and Basketball since playing Soccer always feel like they are at their own home and its just a matter of confidence on which team are able to pull off some better tactics on how to play it on that field. Basketball is different since they can practice at their own courts which enables them to have sort of a better vibe on what to do on those spots which is the same for Baseball but not that much.
Soccer games are always plays on fields of grass and I guess they will surely feel the same as always and just depend on the audience to boost their morale since there are large arenas of them.
Actually I believe thar audience on the home courts always boost the morale of the home team, it is all the same whatever game they are playing. The cheers of the crowds make most of the home players comfortable, meanwhile the distractions made by the live audience against the players of the away team,most of the time makes them to feel and think differently in a negative way. Resulting them to lost focus on the game and more possibly lose the game. But not all players are affected by live audience. Some are really focused on the game and you can't distract them speciall if they are on fire! |
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786
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Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading?
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on: July 17, 2020, 08:03:01 AM
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Mistakes is inevitable and impossible to avoid but you can use it as motivation to manage it properly especially in investing and doing trade. Most of us specially a newbie sometimes do a mistakes in the beginning and later on they are going to quit because they can't handle it properly. How to overcome and handle your mistakes? Trading is not an easy money making job without any fear of losing and wrong trading. Learn from your mistake- Use it to step forward and don't stack to it. Focus on your mistakes- If you're worried about your mistakes,what will you do to avoid it?Focus on what you've done and you'll be taking a productive action. Risk Management- A trader must be a risk taker and with positive mindset.But a trader might be so highly focused on making profit and they don't realize that they might lose also. Always accept your loses and learn to avoid it next time. Trading Education- If you learn a basic of trading and develop a reliable trader skills,you will not afraid of having mistakes,instead it will be a lesson for you to improve and to develop another trading strategy to earn profit and avoid loses. In trading or investing,you should have an ability to convert your mistakes into learning and development in order to become a successful trader and investor in crypto space. Additional(EDIT): Those who have experience on how you become successful in trading after some mistakes ,kindly tell your story here so that those who can read will be encourage and learn from different experience and could gain knowledge that they can be use also or apply on their life as a trader.Thankyou  For me the before you proceed on trading specific coins, you must first have to know if that is worth risking for, balance the risk and the profit. If the risk is so high, while ending profit is very low, then do not continue on that trade. Move on to that and look for some pairs to trade for. Also most of those beginners on trading do have a lot if trust on most of coins. And they didn't realize that most those coins are shitcoins. It will just have a very low volume in the near future then you'll find it hard to sold those coins that you bought. It is a big loss. Choose the right coins to trade do not just pick any coin, atleast study first it's history and how it is doing in the present time. |
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787
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Economy / Trading Discussion / Re: Trading Lesson: Stop loss Strategies
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on: July 16, 2020, 02:07:42 PM
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I'm very thankful that there are still people believing on stop loss because there are some people telling that using stop-loss is useless.
Newbies should really learn this first when they want to start trading, cryptocurrency, or non-crypto currency. This is a MUST for me when we do trading.
Risk management is important in trading and we can achieve it with the help of course of using stop-loss.
There are a lot of newbies that are not using any strategies on trading. They did not want to stop their loss because they believe that some other day, the coin will just be pumped up. They do not realize how much they did lost already. Plus it is not guaranteed that the coin will just go up again later. Some of them do not realize that and just sticking to be a believer to the coin. Though I believe they will realize that and learn from it sooner or later. Cutting loss is very essential on trading and that must be realized by every trader. |
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788
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Economy / Gambling discussion / Re: how big?
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on: July 16, 2020, 01:33:25 PM
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The market size of online casinos globally is currently at $53.7 billion. And according to Grandview Research, it is expected to reach about $59.6 billion in the end of the year 2020. There are actually a lot of factors why online casinos are getting much more gamblers are because they are more convenient than the traditional casinos, you can do it anytime that you want. More and more new gamblers are being attracted since the rise of cryptocurrencies. Expect it to become even bigger on the next coming years. |
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789
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Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING
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on: July 16, 2020, 12:44:57 PM
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Now that almost all sporting events all over the world are cancelled, those wanting bet of sports events are left with having to find alternatives. What are the majority doing?
What are those sports gamblers are doing right now? Of course dude no one can answer that specifically because not all sports gamblers do not think the same. They are different people, they do have different lifestyles. But just guessing, they are more probably on their houses playing and using their time to enjoy with their families. If they are very addicted on sports gambling, maybe they switched to online casinos, that is just if they can't control their urge to do some gamble. |
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790
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Economy / Gambling discussion / Re: Chess on Sports/eSports betting
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on: July 16, 2020, 12:12:05 PM
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Honestly, watching a chess match even if it is an official tournament or not is not as thrilling compared when you are watching other sports or e-sports. And it will not create that much demand if it will be included in sport books.
Watching chess matches can be boring for those people who are not really into playing chess. Of course they will not enjoy it like most of the players that are watching the game because they do not fully understand the game. Actually chess is a thrilling game specially if they reached the middle game and the end game. Chess is actually included on sport books dude. |
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791
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Economy / Gambling / Re: Welcome to Casino Reviews.fun
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on: July 16, 2020, 11:30:02 AM
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Does it should be more focused on reviews about casino? And not for advertising them? I though it is a blog type review tho. The page is actually aesthetically pleasing. It is attractive but not much. I think it will be better on it look at if you move it a little to the left. The arrangement of the Casinos are well arranged, it is simple. Maybe try to resize the two huge photos, make it a little bit smaller. So yeah, for me, it's better to move the whole page on the left side. Simple and easy to navigate. Loading page is okay. Good luck to your website! |
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792
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Economy / Gambling discussion / Re: Slots are better than Dice.
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on: July 16, 2020, 06:33:07 AM
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I just have the same level of fun whenever I play dice and slots. Dice will brings instant losses and winnings. And based on my experience, dice gives me a little much profit in the long run compared on playing slots. My strategy is to set intervals in time for rolling the dice. I also sets cutting loss and profits. Best side of playing slots is that you can have your prize multiplied.
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793
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Economy / Gambling discussion / Re: Home Court advantage = Not an advantage now because of no-live audience?
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on: July 15, 2020, 11:21:45 AM
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With some sports likely to resume in next month or few, or being resumed recently, after being suspended or halted due to Covid-19 pandemic spread, one safety measure that will be imposed is a no-live-audience, literally playing without audience presence and we can see some sports already feel the experience of playing on that environment.
What do you think, does this home-court advantage, still an advantage now? Do you think Moneyline odds will now be different from now on especially if both teams are equal in strength?
Home courts will still be an advantage. Players on the home team spend much time playing on their homecourts. Ofcourse, they will get used into it. The homecourt advantage is not just because of the crowd that cheers for them and distracts the other team. It is also because of their familiarity on the court. The more that you are familiar to the court, the more chance for your team to make scores. Winning is still not guaranteed ofcourse. |
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794
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Economy / Gambling discussion / Re: Chess on Sports/eSports betting
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on: July 15, 2020, 10:49:14 AM
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Talking about chess is a reminder of my past, when I was 14 years old, I joined the chess club at school. And I often won tournaments
at that time, I really loved chess. After I grew up I started to forget chess, because a lot of games that turned out to be more interesting
in my opinion. So it must be recognized why it is rarely popular sports betting platform which includes chess. Because chess's popularity
is decreasing, but I still hope that in the future there will be popular sports betting platform that includes chess. Even though I rarely
play chess, I still love chess. So still watching chess tournament.
Decreasing, no I guess because chess game is easy to play and everyone could learn to play. I agree that the live stream will help this game to gather all individuals who are fun in playing chess. There are many of them actually and here in our place. Before the pandemic I can see many of chess players playing in the busy streets others like in the terminal specifically public transport drivers and operators play this game often. No, chess is no easy to play. Everyone can learn to play chess of course but only a few can become a really good player. It is easy to just play for the sake of playing but if money is put at stake, I mean playing with a gamble, it is not that easy. My observation is that gambling games have the luck factor. In chess, there is no luck involved unless the opponent is careless enough to make a wrong move. You wil be good on playing chess if you spend effort to practice. It is actually not easy to play good chess if your moves are just moved to take your turn. There should be a reason why you put your piece on that square. Think ahead and predict. Good positioning and timing can help you to win a chess game. I guess those that are chess players are good enough to be careless. One will win, the other will be the losser, but the match can be a draw. Of course carelessness is a reason to loss a game of chess, but it is quite often to happen for pro players.
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795
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Economy / Trading Discussion / Re: Trade isn’t for Me guys.
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on: July 15, 2020, 10:11:39 AM
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My Luck is not for Trading, I think Trading is not for Me. I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling, becouse i haven’t any expression about Coin Chart, buy, sell and about more.
That's good a good choice for now, take a break. You have to remember that trading is not backed up by your luck. You need to spend time and efforts to be a better trader. Anyone actually can be a good trader, maybe you are just rushing in without the enough knowledge on what you are taking in. You may think of quitting to trades now, but there might be sometime that you'll realize of you becoming a much better trader. Learn and practice first dude. You should learn from that lost. |
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796
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Economy / Trading Discussion / Re: Those that hate risks!
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on: July 15, 2020, 09:08:26 AM
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You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.
It is actually okay to have fear, sometimes this fear takes us away from so much losses. If risk is more obvious than your winning, then why would you still choose to dive in? There are some risks that are not worth taking for. So what's best is to assess and make analysis before proceeding. Trading is not always about being a risktaker. If you're too confident on taking the risk, that is you, because maybe you have a lot of money to spend to. But it can't be applied to everyone. For me trading is winning or learning. |
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797
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Economy / Trading Discussion / Re: Can Signal Trading work for Cryptocurrencies
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on: July 15, 2020, 08:37:34 AM
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Hello everyone. I have been so curious about this lately, can you buy signals to trade cryptocurrencies concerning the volatility and how it moves. There are lot of forex signals out there that you buy and make a lot of money from but i dont believe it works for cryptocurrencies.
I need your opinion people
Subscribing to a signal is actually reliable, but be mindful that not all signal services are good enough in excange to your subscribing fee. If you are planning to subscribe on a signal service, make some researches first, if you found a good one, that wiil be worht it. They are reliable because those that has good signal sevice can help you to decide more rationally as they are based on the latest market analysis. For me, it's much better if you will also study the market and make analysis on your own. |
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798
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Economy / Trading Discussion / Re: trade & investment is getting harder and harder.
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on: July 15, 2020, 08:04:06 AM
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what I am experiencing right now is that it is difficult for me to obtain profits from investments and trade that I do, & is there someone here who has more effective ways for me to be able to improve my trade and investment so that I can get a profit of course, not vice versa I get is continuous loss.
There are more traders nowadays, and most are continuously learning and making ways to outsmart other traders. You should also look on the weak spots and try maximize or atleast use it's potential on winning your trades. If your strategy is not working good, change it. I suggest that you should set margins on when you should cut your loss and close the trade when you already satisfied on the profit. |
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799
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Economy / Trading Discussion / Re: Do you use a trading Bot?
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on: July 15, 2020, 06:04:19 AM
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Do you use a trading bot and what's your favorite trading bot?
Also what type of strategies you use with the bot? And it is profitable for you?
I never been into trades using trading bots because it is much preferable to trade manually. I won't trust any trading bot without properly understanding how they works. Though I believe that they do have some advantage like advantage on emotional and decision making(sometimes), they are programmed according to data given to them so there are no hesitations that will happen. Trading bots should have capabilities to constantly learn from lost trades. |
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800
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Economy / Trading Discussion / Re: Trading using someone else's funds
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on: July 15, 2020, 05:28:14 AM
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I do not have much confidence in trading by another person, there are a lot of problems that occur in this type of trading, it will be difficult to calculate the exact profit rate for each party and this will be unfair to either party. This is best done by providing a loan and taking a specified percentage as interest on the loan.
The party could always make an agreement on how they will part the profit. It should also be done if the trade resulted to a loss. To be fair, calculate first the shares of every contributor, you should know how much each owns on the total money your party wanted to trade. Distribute the profit by their shares, it's fair. After the successful trade, because of that one who made the trades successful, he could have interest to each party member's profit depending on their shares, the interest should be agreed before proceeding to the trade. |
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