LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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November 17, 2020, 04:17:00 PM |
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As a trader, it is normal for us to encounter difficulties while engaging a lot of trading platforms and I know that it is not easy for us to overcome it.
There's the time where we almost lose all our money in trading and we only have a certain small amount of money. Some people are still risking it and some are saving it for future errands.
I remember when I chose to trade, I experienced a lot of struggle as I lose a certain transaction and regret it afterwards, but I never stopped and instead I continue those transaction because I got a lot of profits sometimes.
But then I realized that it I want a long term source of profit then I switched and engaged with crypto investment. I found it really beneficial for me as I want to become more futuristic, although the progress is not that fast but I think that it is much safer for me to invest here.
Do you think this is a good decision? I know that most of us are struggling in trading, could you give us more idea? And what are your thoughts about this?
Well from your experience, it is clear that you discovered what many traders do not, which is, to see trading as a business and not as a way to become a millionaire overnight. I have seen many gambling in trading, some do well and win, but that luck runs out and they lose everything in the end. When trading is seen as a business, you begin to mature commercially, in a traditional business the return on investment is calculated for 3 years, the difference with trading and the Bitcoin market is that this profitability can be seen much earlier, there are some that They are looking for 1% daily, which is difficult, the market does not move mathematically perfect, the market is moved by emotions, and there is no exact indicator to measure it. I think that by looking at trading as a business, you start to see long-term profits and at the same time you gain experience and learn when you lose and when you win.
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Smartvirus
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Activity: 1652
Merit: 1157
Playbet.io - Crypto Casino and Sportsbook
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November 17, 2020, 10:03:05 PM |
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I have seen many gambling in trading, some do well and win, but that luck runs out and they lose everything in the end.
That's the thing, trading isn't gambling! Why is that, this is because, trading comes with definite signals that if understood or read correctly, one can predict where the direction of the trade is to be headed in the next set of pips and this is what gambling doesn't offer. So, when you gamble over a trade, your bound to pick a few bets that would drive you to where you would have hoped not to be. For OP, there is nothing wrong with going long and safe. It's always about finding what suits you or puts your mind at ease. If going long and safe does that, then your good but then, it is the risk taking that becomes more rewarding. I'm sure you realize that but, if you are actually not riding but sinking into the risk due to no proper experience, then you should learn the trade of move to a more substitute strategy as you have adopted to benefit from Cryptos.
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DarkDays
Legendary
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Activity: 2030
Merit: 1189
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November 17, 2020, 11:17:28 PM |
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Trading and investing - both are two different methods of making money and both are meant for different types of people. Traders are risk-takers while investors are most likely stays away from risk. So your decision depends on you and your outlook towards risk. There's no right and wrong decision involved. It's all about choosing a method which suits you better.
Agreed. Trading vs investing can both make you profit if you know how to utilize the strategies to your best interest. Nonetheless, either of the methods present their own risks and a fair amount of research needs to be done before hand but you'd need to do that anyway irrespective of which way you decide to make a return, crypto or not. I'd be more interested to hear more about investment options that either you or other people are doing i.e. yield farming, staking, liquidity mining? It would be great to see your thoughts.
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KnightElite
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November 18, 2020, 04:55:52 AM |
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Trading and investing - both are two different methods of making money and both are meant for different types of people. Traders are risk-takers while investors are most likely stays away from risk. So your decision depends on you and your outlook towards risk. There's no right and wrong decision involved. It's all about choosing a method which suits you better.
Agreed. Trading vs investing can both make you profit if you know how to utilize the strategies to your best interest. Nonetheless, either of the methods present their own risks and a fair amount of research needs to be done before hand but you'd need to do that anyway irrespective of which way you decide to make a return, crypto or not. I'd be more interested to hear more about investment options that either you or other people are doing i.e. yield farming, staking, liquidity mining? It would be great to see your thoughts. It is about mastering a specific method, if you are good in trading then focus on trading but if you good in investing then focus in investing, the capital is not matter because if you like what you are doing where your skills are suitable to you then profit will eventually come to you. When I first make investment, I focus on investing first because I'm not yet used to buying and selling consecutively but as time passes by; I became interested to trading where for me my skills improved and my knowledge are also enough to start trading. Both of them are profitable because I tried both of the methods but choosing one can help us to master it.
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k@suy
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November 18, 2020, 02:51:14 PM |
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Trading and investing - both are two different methods of making money and both are meant for different types of people. Traders are risk-takers while investors are most likely stays away from risk. So your decision depends on you and your outlook towards risk. There's no right and wrong decision involved. It's all about choosing a method which suits you better.
Agreed. Trading vs investing can both make you profit if you know how to utilize the strategies to your best interest. Nonetheless, either of the methods present their own risks and a fair amount of research needs to be done before hand but you'd need to do that anyway irrespective of which way you decide to make a return, crypto or not. I'd be more interested to hear more about investment options that either you or other people are doing i.e. yield farming, staking, liquidity mining? It would be great to see your thoughts. If i am the one who wanted to start trading or investing in bitcoin first and foremost the budget or the amount of my capital matters most. Personally i'm still not that good enough in trading and currently becoming a keen observant on how market goes up and down, doing a deep research about technical analysis that's why if i have a small assets i would rather to invest it while im just on my stage where i am educating myself on how i can generate profit from this small amount.
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pankowri
Member
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Activity: 728
Merit: 63
$CYBERCASH METAVERSE
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November 18, 2020, 03:38:56 PM |
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If anyone has small assets then it will better for him or her to trade with good knowledge. But remember one thing before going trade that you must have the proper knowledge about trading and need to give enough time to research. Then you will be able to make successful trade by which you can make able to increase your deposited funds very soon and then you can go for invest with a good amount of money. That's all about my thinking regarding this.
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DevilSlayer
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November 19, 2020, 04:12:11 AM |
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Trading and investing - both are two different methods of making money and both are meant for different types of people. Traders are risk-takers while investors are most likely stays away from risk. So your decision depends on you and your outlook towards risk. There's no right and wrong decision involved. It's all about choosing a method which suits you better.
Agreed. Trading vs investing can both make you profit if you know how to utilize the strategies to your best interest. Nonetheless, either of the methods present their own risks and a fair amount of research needs to be done before hand but you'd need to do that anyway irrespective of which way you decide to make a return, crypto or not. I'd be more interested to hear more about investment options that either you or other people are doing i.e. yield farming, staking, liquidity mining? It would be great to see your thoughts. If i am the one who wanted to start trading or investing in bitcoin first and foremost the budget or the amount of my capital matters most. Personally i'm still not that good enough in trading and currently becoming a keen observant on how market goes up and down, doing a deep research about technical analysis that's why if i have a small assets i would rather to invest it while im just on my stage where i am educating myself on how i can generate profit from this small amount. I recently read the tweet of Steve burns who is also a popular trader where he mentioned that "more capital doesn't make people better traders, it just make losses bigger and emotions louder". I really love what he just said and I actually understand when I first read it. It is not about having huge capital in trading, it is all about skills that you can use in order to make profit. Even though your capital is still small then be proud and you can multiply it depends on the skills that you have. There is compounding in trading and you can easily increase your capital through compounding. With small amount of money, we can get a lot of experiences that are matter and can help us to achieve what we want. Do not start with huge capital because like what Steve said where you will only make your losses so big that you cannot manage your emotions anymore.
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Btc_1856
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November 19, 2020, 05:56:19 AM |
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If anyone has small assets then it will better for him or her to trade with good knowledge. But remember one thing before going trade that you must have the proper knowledge about trading and need to give enough time to research. Then you will be able to make successful trade by which you can make able to increase your deposited funds very soon and then you can go for invest with a good amount of money. That's all about my thinking regarding this.
What you have mentioned is right, which it is impossible for some people to take profits with smaller asset, they need to rethink twice before investing any amount in trading whether they have the ability to find out the best possible coin in the market for profit-making.
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kramchers
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November 19, 2020, 07:11:58 AM |
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As a trader, it is normal for us to encounter difficulties while engaging a lot of trading platforms and I know that it is not easy for us to overcome it.
There's the time where we almost lose all our money in trading and we only have a certain small amount of money. Some people are still risking it and some are saving it for future errands.
I remember when I chose to trade, I experienced a lot of struggle as I lose a certain transaction and regret it afterwards, but I never stopped and instead I continue those transaction because I got a lot of profits sometimes.
But then I realized that it I want a long term source of profit then I switched and engaged with crypto investment. I found it really beneficial for me as I want to become more futuristic, although the progress is not that fast but I think that it is much safer for me to invest here.
Do you think this is a good decision? I know that most of us are struggling in trading, could you give us more idea? And what are your thoughts about this?
Trading and investing are differ to one another, but both are helpful to us, because without investing We can't able to trade in any of the exchange site platform. Meaning, if we are going combine them as a good tandem, perhaps in the end it could give a nice profit to us for sure. However, there there is a right timing for selling and buying, then we should know how to manage properly when we are in the actual trading of course.
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ice098
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November 20, 2020, 07:11:30 AM |
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If anyone has small assets then it will better for him or her to trade with good knowledge. But remember one thing before going trade that you must have the proper knowledge about trading and need to give enough time to research. Then you will be able to make successful trade by which you can make able to increase your deposited funds very soon and then you can go for invest with a good amount of money. That's all about my thinking regarding this.
What you have mentioned is right, which it is impossible for some people to take profits with smaller asset, they need to rethink twice before investing any amount in trading whether they have the ability to find out the best possible coin in the market for profit-making. If in case that the small asset you have is all what you have of course you should be very careful of where will you gonna put it. A better knowledge and a wise decision making will surely gonna help you out to make a profit from this. Better be knowledgeable enough about the crypto market before youre going to risk to put your small assets either in investment or even in trading because both are also required a good analization and tactics on how you can make a profit from it.
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franch
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November 21, 2020, 01:00:37 AM |
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Smaller assets are better than they should be, and you may not need to wait long-term to make a lot of profit. It depends on whether your coin investment will have a good price.
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Question123
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November 21, 2020, 09:45:10 AM |
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If a person have small assets it depends on them what they choose , if they choosing trading they need to trade a coin who is shorterm first and after they earn grow their capital that is the time that they need to invest to the longterm investment for the huge profit.
Investing to the project with small capital is good but if the project and legit and if it will grow the good profit you will get.
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cryptopediabd
Member
Offline
Activity: 154
Merit: 16
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November 21, 2020, 03:14:21 PM |
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Note that if u don’t have huge amount of money worth coin or token, that can be used for high risk full trading. Kindda like what i m talking is u can use this funds for 25x leverage on futures trading. You will learn that u need to go to that way for high risk. It's not a financial advice. DYOR
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lixer
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November 21, 2020, 03:37:05 PM |
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If anyone has small assets then it will better for him or her to trade with good knowledge. But remember one thing before going trade that you must have the proper knowledge about trading and need to give enough time to research. Then you will be able to make successful trade by which you can make able to increase your deposited funds very soon and then you can go for invest with a good amount of money. That's all about my thinking regarding this.
What you have mentioned is right, which it is impossible for some people to take profits with smaller asset, they need to rethink twice before investing any amount in trading whether they have the ability to find out the best possible coin in the market for profit-making. That is right so maybe it is best to buy Bitcoins with that amount and who knows in 10 years time you might have 100x your money which would then be very useful and worth. Identifying good coins is as hard as diamond in a coal mine so not everyone has that ability and having the ability to read and understand whitepaper is one thing but there are many aspects like the team behind the project, the technical details and how the sustainability of the project looks. I would have bought BTC with the amount no matter how small because one day even a satoshi might be worth saving and it feels like a bad joke right now, I know, but so it felt when someone purchased a pizza for 10000 BTC!
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asus09
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November 21, 2020, 05:11:42 PM |
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With trading you can increase your money day by day if you get much profit from trading than you wanna invest with small amount take long time for earn profit, better you can get chance with trading and I think you can get profit one day above 10% and use your profit to trade again after your small money become bigger, than after have much profit from trading you can use for investing in long time, just take good decision coin have potential to higher price at the future like eth, bch and ltc, never get risk with new coin listed on uniswap or Y coin where very hit and run right now because could make you loss all your money, there are not specific about how much coin supply and what the feature of coin is not clearly.
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| | . Gamdom | │ | 15% | . CASHBACK FOR THE FIRST 7 DAYS | | | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | █████████████████████████████████ .
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fullhdpixel
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November 21, 2020, 09:22:53 PM |
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If anyone has small assets then it will better for him or her to trade with good knowledge. But remember one thing before going trade that you must have the proper knowledge about trading and need to give enough time to research. Then you will be able to make successful trade by which you can make able to increase your deposited funds very soon and then you can go for invest with a good amount of money. That's all about my thinking regarding this.
I would say one should actually decide based on the amount, if the amount is enough is enough for you to trade such that you can buy and sell coins and make profit then you must use the funds for trading. If the left over amount is so small that you cannot trade with it then better to find a project that looks promising and the coin value is cheap, invest all your small amount there and forget about it. By forgetting I mean don't check it's price daily maybe once a month is fine because you would want huge profits from that instead of selling it at a 10-20% profit. It is a good question because often at times we trade and face losses and are left with small amount and unsure what to do with the money. Some would get frustrated and gamble it away but the smarter choice is to keep the head calm and either invest or if it is significant enough then start trading again with that.
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Alexmagn84
Member
Offline
Activity: 517
Merit: 10
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November 22, 2020, 04:07:23 AM |
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Merchants are daring individuals while financial specialists are no doubt avoids hazard. So your choice relies upon you and your viewpoint towards hazard. There's no good and bad choice included. I propose you exchange since that can assist you with increasing more benefit as the present moment, we see that the market can move well. So you will get an opportunity to expand your resource while you can likewise hold some sum for the following bull run that can happen whenever.
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Darknight31
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November 22, 2020, 04:11:36 PM |
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I think most people will think to choose but it is better to do all of the decision because in reality we could definitely do all the option. Why not start small and trade then invest what we earn and gain more by having small assets to have an opportunity to earn more in the future.
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TitanGEL
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November 23, 2020, 12:02:37 AM |
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With trading you can increase your money day by day if you get much profit from trading than you wanna invest with small amount take long time for earn profit, better you can get chance with trading and I think you can get profit one day above 10% and use your profit to trade again after your small money become bigger, than after have much profit from trading you can use for investing in long time, just take good decision coin have potential to higher price at the future like eth, bch and ltc, never get risk with new coin listed on uniswap or Y coin where very hit and run right now because could make you loss all your money, there are not specific about how much coin supply and what the feature of coin is not clearly.
You have a chance to do it but not all of the times it will work because we are not intelligent enough to know what will happen to the price in the next hours or days. I prefer to just invest small amount of money first wherein the amount will depends on how you treat your money for example if you see $1k is too big then try to make investment with $300 or below. Trading is not a gambling so you can increase your win rate here and there is also proper diversification wherein you will not use all of your money just to buy a specific coin. I will give example for those who do not get the diversification, for example your first investment is $300, then the ideal diversification is 20% per each which is the $60 wherein every coin should have a maximum allocation of $60. You can learn proper diversification through experience and through researching online.
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xSkylarx
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November 23, 2020, 03:52:55 AM |
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But then I realized that it I want a long term source of profit then I switched and engaged with crypto investment. I found it really beneficial for me as I want to become more futuristic, although the progress is not that fast but I think that it is much safer for me to invest here.
Do you think this is a good decision? I know that most of us are struggling in trading, could you give us more idea? And what are your thoughts about this?
Crypto investment is really a good choice. I've started invested on this last 7 years ago and I didn't regret doing it till now. Though it is very volatile, there are many potential cryptocurrencies that are worth investing if you research very well. Now that we are on bullish market, I can see my gains over the past few years of just hodling. It depends on you if you also want to trade, since I have a weak emotion I prefer as a long term investor.
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