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Author Topic: Trying to share wisdom  (Read 483 times)
ChrisPop
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October 01, 2020, 07:29:19 PM
 #41

Nice to see an ex-trader trying to bring value to the community. You own a crypto consultancy company? - Peerly Safe?

You said you're a former bitcoin 'peer-to-peer' trader. I suppose that means you have been mainly trading OTC. How have you fund buyers/sellers? (through platforms like localbitcoins or your network)
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October 01, 2020, 08:53:45 PM
 #42

Like as yours, I've taken a break for around one years here since the last(2018) cypto crash. Meanwhile, I’ve been learning lot how to trade. Prime part here is trade for yourself but not guided by others.

Don't close the doors to other's suggestions. You don't need to primarily trade thru your self-knowledge most of the time.

Welcome other's input as I think you have the ability know if it's worth following or not. Take their pointers as advice then apply it to your self-knowledge.

OP can consider creating a public room for a purpose of this as I think he's not used to share wisdom via regular posting.

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October 01, 2020, 11:00:34 PM
 #43

There is a practice that many do, which is to buy and sell, as they do in localbitcoins.com, they buy low and then sell high, generally this works wonders in countries with inflationary economies, from a point of view of Saving is quite beneficial, because the money in local currency increases as time goes by, sometimes in a day you can earn a lot of money, but you must do the transactions very quickly so that it is not dangerous to lose.

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October 02, 2020, 03:33:48 PM
 #44

Like as yours, I've taken a break for around one years here since the last(2018) cypto crash. Meanwhile, I’ve been learning lot how to trade. Prime part here is trade for yourself but not guided by others.

Don't close the doors to other's suggestions. You don't need to primarily trade thru your self-knowledge most of the time.

Welcome other's input as I think you have the ability know if it's worth following or not. Take their pointers as advice then apply it to your self-knowledge.

OP can consider creating a public room for a purpose of this as I think he's not used to share wisdom via regular posting.
Veterans may not really having enough time to post on bitcointalk, we can see that in most of the sections of our forum has less activities. Bit this thread will be helpful for the upcoming traders even if they have their own way there is nothing wrong in learning the new strategies, methods, condition from different members.

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justdimin
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October 03, 2020, 09:37:55 AM
 #45

I personally believe that if I end up reading others thoughts on these subjects, there is no way that I could make any profit because there are so many people who have different opinions, some people think X whereas others think anti-x which means I need to trust one of them and I wouldn't know which one to trust.

Instead of that I try to learn how they came to that conclusion, if I learn how they think to figure the price out, I could learn how to think like that as well, that could be very helpful for your own predictions. That is definitely something I would love to do, learning everything yourself to figure out what people do to predict the market. Of course this is not single alone method, you could probably listen to just one expert as well without getting confused with others.

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October 06, 2020, 09:21:00 AM
 #46

There is a practice that many do, which is to buy and sell, as they do in localbitcoins.com, they buy low and then sell high, generally this works wonders in countries with inflationary economies, from a point of view of Saving is quite beneficial, because the money in local currency increases as time goes by, sometimes in a day you can earn a lot of money, but you must do the transactions very quickly so that it is not dangerous to lose.
Actually these trades yield a massive amount of income but only if and once you become a recognized trader and know how much fees you have to pay on each trade as taxes to the government and making sure you are doing it legally.

I have seen the variance in buy and sell on localbitcoins is easily around 5-8% on average in buy-sell and once who buys from users earns like 8% on buying trades and then 8% on sell trades, all he needs is a good reputation and a genuine setup but it is not as easy as it sounds though because I myself tried this and people are really smart and try various methods to scam you like fake messages, fake transactions and even carded funds.

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October 06, 2020, 11:22:29 AM
 #47

Well, trading gives you a lot of headaches if you do not get a good profit, base on my experience in p2p trading this gives a more advantage because when Im making a trade to the friends of mine all you need to do is send the funds without less too much transaction fee, this is the benefits I really like.  Im just a beginner in trading but I know some of the process and how does it work so I share those to the people want to earn with me, of course, I give them an idea what are the possible outcome will happen if they trade.

According to your recommendation, you are a person with a lot of experience in investing in the cryptocurrency market, can you recommend some tips or tricks for people.
People here are trying to find an investment strategy and are happy to hear about your experience.

Also I'm getting curious what I are the techniques use by OP like what are the technical indicators he uses, Mine is just the MACD, VOL I want to learn more with the use of trading indicators.

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October 06, 2020, 01:38:59 PM
 #48

Like as yours, I've taken a break for around one years here since the last(2018) cypto crash. Meanwhile, I’ve been learning lot how to trade. Prime part here is trade for yourself but not guided by others.

Don't close the doors to other's suggestions. You don't need to primarily trade thru your self-knowledge most of the time.

Welcome other's input as I think you have the ability know if it's worth following or not. Take their pointers as advice then apply it to your self-knowledge.

OP can consider creating a public room for a purpose of this as I think he's not used to share wisdom via regular posting.
Veterans may not really having enough time to post on bitcointalk, we can see that in most of the sections of our forum has less activities. Bit this thread will be helpful for the upcoming traders even if they have their own way there is nothing wrong in learning the new strategies, methods, condition from different members.

Yes i bet veterans in cryptocurrency doesn't have enough time to post, shared their knowledge and experiences here in bitcointalk but here in forum we still have some of the experienced traders willing to share wisdom and basic knowledge about cryptocurrency. We may have different story, different experiences but dont be confused about who advices would you take. Be open in any information you may get and trust here in forum that members here will never share those information that cannot help newbies.

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