it depends on how much time you dedicate to learning, studying and also your passion and determination. with all these factors, then it wont take you too long to become a pro.
Indeed, if our knowledge getting increase and we can make daily profits consistent, i am believe we can be a pro. Many people already becoming pro from crypto market and they can make daily profits from their daily trade. There is no consistent in trading mate. Even pro traders are also experiencing inconsistencies with their traders. What makes them a pro is how they handle those circumstances using their knowledge that not every people on that field know how to apply it. |
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Bitcoin having a low price is not an exit point, it is actually the opposite to me. It is accumulation time whenever bitcoin hits a low price. There is no point quitting when you know the true value of bitcoin if multiple times the current price. I have been holding for so long, it is already not practical to quit.
Indeed. As long as you have the money for your needs and wants, and your investment in Bitcoin is just your extra money then it's not too ambitious if we're going to sell it at its ATH. I don't think it's a bad decision to sell for ATH as reaching it has more probability to go down after due to resistance of the market. |
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Do not rely on a single trading platform and put all your money, but must
To rely on a range of platforms known worldwide
I don't think we have to use different trading platforms it will make the status of trades to be worse better choose the best of all and stick with it. With you all other point agreed. Yes it will be safe if we stick with single platform because there are so many scammers as well, we will have to know the one who is giving us better project than other and the one that can be safe,. Scamming projects should not be invested, be a good trader and know new skills of trading so overcome you previous lose, try to stick with single project which is highly beneficial. I don't think that relying on one exchange is just an option in order to secure your capital in trading. There a re a lot of legitimate exchange in crytpocurrency. All of them gives you an an advantage that may vary to each other; thus it's better to check them all for your own good. |
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You have almost listed all the ways of getting capital but you forget to mention give always from airdrops you can also play gambling games using you found realize from your give always which are giving to you by project developers during they early stage of they coin offering.
Tokens from the airdrops hardly ever gets any value in the recent days so we can't expect that money to be used for gambling purpose and it may fall under your signature campaign earnings as well. Airdrops does have any value , I think more or less out of hundreds some 1 or 2 might have a future value rest will become worthless and better to spend more time productive rather than wasting the time on this type of airdrops. OP does not include airdrop because he knows it's not effective anymore, not all gambling sites accepts shit coins. LOL. If only we are in the year 2017, that airdrop would be valuable, but people are smarter now, they kinda know the difference of shit and legit coins. Bounty campaign earnings could be good way but you can't expect you will receive it right away. this time, you need to raise your own money to gamble, or I almost forget, money from sig camp can be enjoyed as capital but you need to do it weekly as most of them pays on a weekly basis. But one should have some time to separate them both and should categories them. It is not good to choose or to give a try for both shit coins and legit coins, I always try to get money from bounty campaigns for gambling but if I do not get good time over there I will not hesitate to spend money from my pocket for gambling. It's hard to make profit in bounty campaigns nowadays; thus most of players incuding me are really gambling from our pocket which is in my opinion is better to gamble with. When we gamble the money that we put an effort to earn, our gameplay will become more serious thus we can acquire a better strategy for our every decision making. |
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I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.
Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.
Simply becasue they don't see any benefit of holding it for a long time and they are also afraid that their token will be valueless since a new altcoin has to surpassed a lot of challenge before it gets in top coins in coinmarketcap. Another reason is also the need of using the money. Bounty hunters most likely are not rich; thus they need to secure their needs and wants and selling as their coins as early as possible is the best solution for them. |
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I started at 2016, at that time basically I don't know what I'm doing. I just joined different communities and they guide me in learning more technicalities in trading; I learned a lot. However, I stopped trading during 2017 due to the boom of ICO and flactuations of the market. I'd rather hold Bitcoin for good. At year 2018, I resume trading with altcoins. I mostly do day trading using Binance platform.
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The war between insects is always a battle for life. When you try to create artificial conflicts to create your own benefits is a bad thing that goes against the laws of nature. I disagree with your idea.
Indeed. Although they are somehow considered as pest to humans and plants, their role is still vital in the environment. Distrupting their nature for the sake of gambling is morally incorrect. We should be contented in gambling using computers and machineries instead. |
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There are many factors to define a good exchange; it depends on you if their features suits to you. However, I have known some main facotrs which I think everybody will agree. A good exchange must be user friendly, has low fee, optimized, and lastly it doesn't not support shitcoins.
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The biggest reason is because Binance exchange is one of the biggest exchange in crypto and the most popular among all. As their exchange is the most prefered platform wether for beginner or professional traders, it's a good choice to hold Binance coin as mostly traders there are trading versus BNB market. Thus, as their market grows, you could benefit.
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who controls the market is news. why is the news? if news about a coin has a vision for the future, with news that many want to buy or invest in the coin. I think you are joining the crypto world because of the news, and the peak in the year that caused the price of bitcoin to be very high. and then bad news shows that bitcoin makes people afraid to lose, and sells their coins that cause market price go down ... I do not believe, rich people can control the market
Not necessarily; news are meant to be true or false. A wise and big investors won't easily fall for it. Perhaps newbie investors can be a victim of a fake news. On the other hand, news in cryptocurrency is more likely to be positive rather than negative thus in my opnion it doesn't conttol the market but rather help the market grow. |
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I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc
If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?
It's up to you if you will believe them or not. It's good to know that you doubt on that as it's somehow a fraud for them to make more money. But on their side, they are doing that for mentorship; usually they share their techniques they are using which they can't open to all people. If you're determined enough, I swear you don't need that. Learning in trading is actually free, we just need to search a lot. |
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every ICO project has a different way of treating unsold tokens, there are some that are well-established and some that save them for the future
it all depends on the project how the agreement was started before the ICO began
It's not appropriate and fair to investors to save them in future. It will make their investment less valued. Burning of unsold token by sending it to an address which doesn't have a private key/ no owner is the best solution. |
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Those that belong to the 3rd world countries are less to adopt bitcoin, most that are base on their resources and even the adaptation of todays technology.Good countries that are must efficient productive that been able able compete to the world are merely those are who are really been able to grab and use bitcoin.They are ready to accept new innovation of technology for they are already well-equipped and innovated.
Not necessarily. Not every country that belong in third world country are less capable to adopt crypto or Bitcoin. In my country which is a third wolrd country, there are a lot of adoption of crypto here; most of them are lead by companies here. Buying smartphone here is not a big deal; even a factory worker here has their own smartphone and they are capable to pay data connection. We can't really generalize group of country in terms of economic adoption. |
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I also follow those websites you mention, though I am still learning to trade, first I think I need to fix my emotions, I trade so emotional I can't help it. Maybe you have some tips for me in order to apply what I have learned on TA.
Investing or trading with emotions will lead to more failures. We really should know how to manage investment capital and set up proper investment plans. It sounds easy but you need to undergo many failures to be proficient in controlling emotions. Try reading more financial books dude. Best wishes for u. Trading or investing with emotion doesn't necessarily means failure. Although professional traders can't even remove their emotion while trading. However, the diffference is hoe they're handling it. Through experiences, learning in analysing the chart, and developing their risk management they are eble to control their trades even though the emotion is there. |
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Gambling with your parents might be the unusual bonding of the family but I was able to experience this one before.
Will you do the same mistakes of my family or you will keep your kids or even yourself away from gambling?
Gambling with parents aren't look so good no matter what perspective you look it. Parents shouldn't tolerate nor influence their family members as it might cause financial problem (specially if you're just an average person). In the future, I wouldn't do the same mistakes if ever my parents did that so. Kids shouldn't learn to gamble. |
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Because they are the answer on how to gain back the confidence of the investors in the crypto space.
With the advent of IEO, investors feel safer with investing, although the number of projects that has come into existence is now limited but we can ensure that majority of them are good projects. I believe we quality projects more than quantity alone.
I agree with your opinion that if there is no IEO maybe there will be no more people who dare to make a new project because there are too many frauds that occur in the ICO. with the existence of an IEO automatically can increase the confidence of investors to invest in it. Indeed. Also, IEO allows investors not to take a risk in investing through non-reputed ICO projects. By this way of raising a token, more traders and investors can psrticipate specially if the exchange is very popular such as Binance, Bitfinex, Bitmex, and etc. however I'm not sure if they are supporting such IEO. |
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