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Author Topic: Trading competition, a plus or minus  (Read 641 times)
sfireman
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July 17, 2020, 05:44:00 AM
 #81

Trading competition can be very dangerous if not properly handled. It will either be to your advantage or disadvantage but most times after the end of the competition, the price of the coin normally go down beyond control at times. We must be smart to take profit from trading competition. I will prefer the price of coin to grow organically than trying to increase the price through trading competition.
Same as me! I don't like to do things that have to deal with "luck". The cryptocurrency market itself is enough unpredictable things, we don't need to create a new scare! I prefer the coins' price to grow by itself than increasing its value unusually under any circumstances. Trading competition is actually dangerous to the coins' price! I will not take action for that!

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nicedreams
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July 17, 2020, 10:06:47 AM
 #82


trade using BOT, are you sure? in some exchanges it might be possible but do you entrust your money to others? I think doing it manually with our expertise would be better. it sharpens our trading skills and will continue to develop when we learn from the conditions in the market.
Does using bot trading still relevant today? It used to be very popular among trader but the competition of the market makes a lot of bots obsolete and not reliable anymore.
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