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3401  Economy / Trading Discussion / Re: Near success syndrome in trading. on: February 21, 2021, 11:54:24 PM
There are lots of people for sure that have got into the same situation after gaining their first profit through trading is that they are putting extra into their first capital into the thinking that double the capital will gain double the rewards. It must just come into the wrong move that people will be making is to think it will apply all at the consecutive time having no precautions and putting all your capital all at the same point wanting for that double reward and gain can really lead to loss and that is very awful for many have underestimated on how market changes having them losses rather than gains. Always remember not to put all your capital in one blow just because you have attained good results at first trial. Better to think first of managing what you input so that potential loss will not slap you real hard.
3402  Economy / Trading Discussion / Re: Trading without experience and knowledge on: February 21, 2021, 10:17:35 PM
Yes of course any one can do trade even without experience but do not expect that the same results will apply compared to those who acquire basic knowledge prior upon engaging into trading. Any one can trade as long as he have funds with him. What will be the difference from the inexperienced, having no knowledge to those who have is that there is a larger risks and no further assurance of them to gain for their capital will be at stake of loss due to the reason that they seems to be gambling their money for not knowing anything on how to do trading. So better be learn at least the basics before doing engagement to lessen and manage the risks associated upon doing trading to obtain profit and not losses.
3403  Economy / Trading Discussion / Re: Don't stay on with a wrong trade on: February 21, 2021, 09:45:06 PM
We must do always set limitations on how long can we wait and endure seeing the coin we believe to make a come back can really make it a point to regain from its loss. It will not always work on dealing with a coin that have no hope at all. Better to keep on going by letting go such kind of coin and find other potential coin so you will not already be wasting your time waiting for that coin to make a come back. If it is really meant to be, then it would be. But always do consider to keep moving forward no matter what for the reason that your aim on trading must gain profit and not to earn losses. You must cut your losses by the time you see no progress after a long period of time just to be able to save and make use of your remaining fund in that coin into much worthy trade.
3404  Economy / Trading Discussion / Re: How to tell when a trading bot is a scam on: February 21, 2021, 09:24:37 PM
Just be mindful always that there are lots of scams in the surrounding so better be aware on obvious matters specially when it concerns your funds and your account. Once they started asking about those important private things that must not be shared into other people, then that must be the time you to turn off such things whether trading bots and other crypto related aspects wherein you feel something is not right about it. Also, better just do trade by your own instead of relying into trading bots for it will be beneficial for you to learn trading without depending into something that you can do by yourself. It is just simple as that to keep you away from being a victim of those trading bot scams.
3405  Economy / Trading Discussion / Re: Risk Management in trading cryptocurrencies ...?? on: February 21, 2021, 08:49:52 PM
The risk management you must do upon getting into trading relies on the amount of capital you have that is intended for trading purposes. No exact percentage to be specific on the amount you can be able to risk for doing trades for the reason that you must know yourself well as well as your capacity and be realistic into which amount you can only attain to risk for that specific trade and that will also depend on the kind of coin you wish to trade with for if it is worth risking, then there is somehow an assurance that you can earn from it. Just always remember the limited resource you have is your funds so be responsible on budgeting and handling it wisely so you can make up gains instead of losses in trading.
3406  Economy / Trading Discussion / Re: How did people buy bitcoin and other cryptos back in the old days? on: February 21, 2021, 08:23:57 PM
I certainly do not have idea on how they are doing it on the old days but for sure it might be hard compared to as of now. But I have been hearing news about crypto existence way back then from my seniors who have mentored me about cryptocurrency and based on them, P2P is the most common way on acquiring Bitcoin and other cryptocurrency way back then. Processes and transactions way back then are not to be worried that much for the value of crypto is not that big so scammers are still not around as well as hackers to be a hindrance and no trust issues are there for transactions not to become successful compared to now that there are lots of risks associated on doing transactions upon purchasing that you must only buy on legible exchanges or else you will get your money busted turning it into nothing at all.
3407  Economy / Trading Discussion / Re: how do they know? on: February 21, 2021, 07:59:42 PM
It is not actually that accurate to be stated. It is just a forecast or prediction of what could be possible to make happen once the inputted data comes into such point wherein assuming that predicted outcome will get into such then this might happen. It is just like calculating sorts of probabilities and combinations on how things might work in the future. Pure technical analysis but that does not mean to be accurate. It is just merely a prediction so you do not have to worry about it. Better to see things coming in front of your eyes not to cause panic on your own self or get worried on the possibilities that something might just happen.
3408  Bitcoin / Bitcoin Discussion / Re: Lucky Bitcoiner on: February 20, 2021, 11:41:11 PM
He is not literally a lucky Bitcoiner for what he have been experiencing right now is all a product of his hard work as time goes by working with Bitcoin as well as the other cryptocurrencies existing in the market. He must be having perseverance and have clear out look on his goals making him to work on things on his favor. But with such thing exposing your wealth that you have got with Bitcoin is something that is very risky and there are lots of danger that is associated on it. He may be a perfect target of those hackers but I am pretty sure he is aware of it for he may have encountered lots of people like those while working with Bitcoin but still better be sure and safe than never.
3409  Alternate cryptocurrencies / Tokens (Altcoins) / Re: Can you still get rich from Crypto? on: February 16, 2021, 11:59:23 PM
There are lots of ways for you to be able to achieve your goals and that is getting rich in terms of working with crypto. It will be a tough one at first most specially if you were just recently been into this industry for the current situation is that most of the well known and used crypto is playing on their top prices making it real hard to acquire them through purchasing. But still there are other ways like investing and trading that can also be possible ways on how you can achieve getting rich through cryptocurrencies. There is always open possibilities to achieve such if you are willing to do everything on your best to reach such point through hardwork.
3410  Economy / Trading Discussion / Re: When you did first trade was you trained? Any jokes happen to you? on: February 16, 2021, 11:42:50 PM
My first trading engagement is also memorable for me in a sense that I feel very nervous and tense all throughout the process although I equip myself with all the learnings I needed before doing engagement but still the nervousness is over flowing into my body thinking of too many what ifs in my mind but gladly my first attempt on doing trading did very well so I feel relieved by that moment until I got comfortable doing my next trades although there are lots of times I experience loss, I just treat those as part of the process and I must treat those as learnings I must keep in mind to survive and be better as I get along in my journey trading with cryptocurrencies.
3411  Economy / Economics / Re: Our boss and employer are money on: February 16, 2021, 11:23:54 PM
It all comes in a sense that we all need money that is why we are working to have it to sustain all of our daily needs that can just be attainable once you purchase money. Most of the things that are basically needed by people to survive daily life situation can be bought by money and it seems like nothing is being achieve in our modern times if you do not have money. Nothing is free already for we all do need money wherever we go. The point of the OP seems to be right that our boss and employer is money for we are doing our best and everything for the sake of having it because we certainly do need it.
3412  Economy / Speculation / Re: Bitcoin just smashed $50k on: February 16, 2021, 10:40:22 PM
We are seeing Bitcoin as well as Ethereum doing real good and fastly growing and improving over a short period of time which gives more hype to the people inside and outside the crypto market urging to get along with the thread and purchasing as much as they can for many seems like waiting for this to come and now looking forward for Bitcoin to reach new highs raising its price to $100,000. Yes it can be possible to make happen but I guess that will still take time to be achieve. What we are up to right now is to embrace the new achievement Bitcoin attained reaching $50,000 which is a great indication of its growth that we all hope to just continue to make happen.
3413  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: February 16, 2021, 03:57:30 PM
It is simple. Ordinary people do not duly understand and do know everything about Bitcoin. It is a nature of human to get afraid of something they do not know and understand and they are just simply ignoring the choice of exploring or taking risk to better know such thing that is new or out of their comfort zones. Also, ordinary people most of the times do tend to listen on other people's opinion which are clearly not that knowledgeable about Bitcoin making them afraid of trying because they are thinking that they might get into the same fate like the other people experienced. Ordinary people are those types that are afraid of risk taking for it seems they are looking at the picture of advance thinking that it might not be worth it even if they are still not trying.
3414  Economy / Economics / Re: Richest people getting ready for economic crash on: February 16, 2021, 03:24:27 PM
As for now, richest people is not going any further upon selling their acquired cryptocurrencies for at times like this, many people are still into hype on buying cryptocurrencies that they can afford to buy on which we can expect more purchases and holdings to happen for many are still expecting that the crypto market can grow even more providing more possible profits for their part. Richest people are always ready for anytime in economic crash because surely they won't get there into their positions if they do not have lots of experiences to survive, improve or maintain their capacity of being rich. Surely many people are aware of the possibility of unexpected economic crash and everybody have their own ways and plans on how to deal with it once it comes right in front of us.
3415  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: February 16, 2021, 02:54:43 PM
Covid-19 pandemic have brought out lots of negative effects not just on the health sector because of the threat it gives on the lives of many people due to the virus that cost many lives ever since its existence. The pandemic have also affected different sectors including economic and financial sectors because of the implementing lock down as a safety measure to prevent the further spread of the deadly virus. Many have experience hard times most specially the poor people that is directly affected by the happening in the surrounding because lots of job opportunities have been turned down due to temporary to permanent closure of business establishments and cost cutting of many companies due to shortage of many essentials and budgets to carry out their workers. With that, many are also suffering from psychological and social depression because they have no work and cannot be able to go out. As for now, it is really hard to deal with the situation and we have different coping mechanisms to surpass all of the struggles we have been facing. Soon enough due to the existence of many vaccines, we can go back to normal somehow.
3416  Economy / Trading Discussion / Re: what do i need to be a successful trader ? on: February 15, 2021, 11:58:38 PM
Being a successful trader is a tough one for you basically need to learn from the basics before you get yourself into applying all of those that you have learned and get into familiarizing how the market works even the odds are present and make a way to make things favorable into your part. Being a successful trader is not always about gaining profit but also learning lots of things while you do your trades because trading is not just a one day or one night learning but it is a commitment as long as you do trading. Being a successful trader is a difficult one to attain for you will always be challenged every time you do trade so you must build up not just your capital but as well as your intellectual capacity and your skills to be able to survive this industry.
3417  Economy / Speculation / Re: Bull run: will it end in May? on: February 15, 2021, 11:39:33 PM
No one can totally state when this bull run would come into an end just like there no one who exactly knows the movement of the market and we cannot just base and depend on the past to state that same thing will happen over and over again which is like history repeats itself. We do not exactly know the future to come so what we can do now is just to get ready on the possibilities that anytime this bull run will come to its end so we must pay attention on being observant into the current situation of the market from time to time formulate future plans if ever we have been unexpected that things will not be in our favor or play in our favor. Just be ready so that we do know what to do when such time comes.
3418  Economy / Trading Discussion / Re: How much would you say one could realistically make a month trading? on: February 15, 2021, 11:26:14 PM
Actually being realistic one how much a certain individual can possibly attain during one month straight trading is still dependable on how he certainly do his trade because we do have different ways on doing our trading and different budget of course for the capital to start with as well the coins we choose to trade so the results will be hard to be stated because there are certain things that are dependable making it real hard to tell how much someone do on trading. It can be small or big like $5,000-$10,000 per month on average just base on what I think it can be possible but I guess others will be smaller or be bigger than that.
3419  Economy / Trading Discussion / Re: How many of you use "Crypto Prediction Applications" for trading? on: February 15, 2021, 11:08:25 PM
I haven't even try using any ever since I have been into trading for I am doing my decisions based on what I see on the market trend and from the news I read regarding cryptocurrencies as well as thorough observation on what is the behavior of the coins I am currently trading with. I do not intend to use any crypto prediction applications for I am satisfied on how I can carry out my tradings successfully based on the skills I have that I improve base on the experiences I got and I guess no one can really perfectly predict crypto market for it is volatile and no one can exactly predict what can happen over time. It is just mere instinct and observation as well as thorough research I am doing on my trading.
3420  Bitcoin / Bitcoin Discussion / Re: Should I accept Bitcoin for payments on my online store? on: February 15, 2021, 10:50:32 PM
Get them into their free will. I guess your idea is just so good that you are open or willing to accept Bitcoin payment into your online store that will enable Bitcoin users to freely use what they have into their accounts upon wanting to purchase in your online store. But still do not certainly focus on the cryptocurrencies as a mode of payment. Just stay on what your online store have been before you are wanting to accept Bitcoin as one of the mode of payment. Let your customers choose their compatibility mode because they can still read upon purchasing the mode of payments available at least they will be aware that you are open for Bitcoin payment acceptance in your online store.
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