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Author Topic: who would you trust?  (Read 1215 times)
AakZaki
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February 21, 2023, 06:27:33 PM
 #121

     As long as you can make a profit, that's okay with me of course. They both have a method that can help us, so I don't see anything wrong with either of the two because the method you tell two people, one old and one new, is that both have a good knowlede in trading.

Therefore, we have no choice here as either of the two benefits us as an individual trader.
profitable in the short term, but let's see how it applies to the long term, whether their strategies are the same or not. Old and professional trader will be better because he is experienced. New traders only know the theory but don't have much experience yet.
But even better is to learn the science of trading, because your own analysis will determine the profit and loss. Don't depend too much on other people.
Easteregg69
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February 21, 2023, 06:31:19 PM
 #122

The ego was left in charge.

Smaskeren.. Dk.

We got Digibyte. Proof of work.

As far as to would you not trust. John is #1 and Russia is #2.

I play till you get home.

It starts with you want John burried under a rock.

Throw some "shit" and see what sticks.
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February 24, 2023, 09:59:47 AM
 #123

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
Nobody, yes since bitcoin as well as whole crypto market is highly unpredictable I won't be looking for strategies from others for my trading but I always hear their opinions and it will be helpful to realize what mistake they did while trading of an any asset and it can teach us what not to do while trading.

For signals, trading tips, copy trading, etc will not make you rich on most cases so start working for yourself if you want to feel the results.









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dunfida
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February 24, 2023, 09:59:30 PM
 #124

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
Nobody, yes since bitcoin as well as whole crypto market is highly unpredictable I won't be looking for strategies from others for my trading but I always hear their opinions and it will be helpful to realize what mistake they did while trading of an any asset and it can teach us what not to do while trading.

For signals, trading tips, copy trading, etc will not make you rich on most cases so start working for yourself if you want to feel the results.
You shouldnt trust someone when it comes into your investment decisions specially when you do trade up because its true that its been unpredictable and if ever there were people who are really that good on predicting prices then why would really be needing for them to find out people to subscribe into their signals or something that do talks about mentoring?

From that laone then you could really tell that it is really just not worth for you to follow.You could really make yourself able to learn on your own because necessary and needed information and
things could be search on net.It is really just a matter on how you do put up your effort and time into it to make it happen.

carlisle1
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February 25, 2023, 12:49:32 AM
 #125

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
Nobody, yes since bitcoin as well as whole crypto market is highly unpredictable I won't be looking for strategies from others for my trading but I always hear their opinions and it will be helpful to realize what mistake they did while trading of an any asset and it can teach us what not to do while trading.

For signals, trading tips, copy trading, etc will not make you rich on most cases so start working for yourself if you want to feel the results.

Taking this understanding and knowledge from people who experienced the actual trades.

It's a good learning process when you have something that will guide you on how to properly react in every situation that you
might have experience while in this business,

the right mindsets can be learned when still researching with the knowledge that
you will explore and you will use along the way.
John Abraham
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February 25, 2023, 04:53:14 AM
 #126

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

If you are talking about trading in this forum, I won't trust new traders with a fresh background. There shouldn't be any strategy in trading. Any tricks shouldn't be used in trading. Always use escrow if you are dealing with a new buyer or seller with a new forum account. Suppose a buyer or seller has a good reputation in the forum and has already received plenty of feedback from others. In that case, I may consider going up front if the amount is insignificant.

Still, I would suggest using escrow. Make sure the account you are dealing with is not hacked. If he shared any Bitcoin address before, Ask him to sign a message. Even with escrow, there were a lot of big scams that happened. So, you always have to be careful.

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March 01, 2023, 03:06:47 PM
 #127

Still, I would suggest using escrow. Make sure the account you are dealing with is not hacked. If he shared any Bitcoin address before, Ask him to sign a message. Even with escrow, there were a lot of big scams that happened. So, you always have to be careful.
We have had the escrow being an alternate account of the party and scamming the other party. Although those who are running a business of escrow for years and are trusted by their local members can be approached for a trade escrow. It would be better if trades are done outside the forum where the app mediates the escrow  by selected people without anybody knowing who is who.

We have a lot of caveats in trust, hence we must verify before trusting. We lack trust in each other since bitcoin is pseudo-anonymous and we lack trust in the market because a lot of pump and dump occurs.

In such situations it is always better to avoid getting involved to much to avoid shaking your mental peace.

R


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JamesBorn
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March 01, 2023, 07:46:51 PM
 #128

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
This sounds interesting, buddy to be honesty with, there is this adage that says the old broom sweep well but the new broom knows the corner. People who are old in trading sometimes feels relaxed and feels too known, they feels nobody will correct them, they feels nobody will know what they know and they can cheat you on the system like you don't have any ideas. But the new trader is like hot because he or she wants people to notice them, they can very sincere, very determined, very dedicated to deliver but when it come to trust, trust no one only pay attention to what dealing you have with them.

Business has no 100% trust, we only believe people to some extent and we work with them but in this case new trader is preferable because of his new mindset of pleasing you first.
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March 01, 2023, 09:31:08 PM
 #129

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
Dont trust anyone since you are risking your own money which means that you should really be the one who do make out decisions basing up into your position.Dont let others would really do the job since we

are all speculators here on this unpredictable and volatile market.I have that bad experience on letting someone do make out decision on following up their signals but out of 10 trades then it turns out that

it was really ending up on cutting losses due to bad positioning.This is why in the end i have learned my lesson and never ever tend to trust up for whatever person do
claim out that they do have that high winning or profitable trades.

John Abraham
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March 02, 2023, 07:29:30 AM
 #130

Still, I would suggest using escrow. Make sure the account you are dealing with is not hacked. If he shared any Bitcoin address before, Ask him to sign a message. Even with escrow, there were a lot of big scams that happened. So, you always have to be careful.
We have had the escrow being an alternate account of the party and scamming the other party. Although those who are running a business of escrow for years and are trusted by their local members can be approached for a trade escrow. It would be better if trades are done outside the forum where the app mediates the escrow  by selected people without anybody knowing who is who.
If this continues, we must understand that there is something wrong with the escrow. If a trusted escrow wants to continue to do business here, they won't cheat with parties. I don't know the specific case you are talking about. If he did that and the community caught him, did he pay anything to the client? Or he just ran away with the money?

A few reputed escrow services have been there for a couple of years. People like me won't hesitate to trust them because they earned it. If I get cheated, even though I am dealing with an escrow service, there is no other way to go outside this forum. Recently I saw an escrow service website developing their website and wanted feedback from the Bitcointalk community. Such a service will be famous if something wrong happens again with the in-forum escrow service.

mvdheuvel1983
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March 02, 2023, 04:16:59 PM
 #131

I will pick reputation every damn time. Any person can have a strategy but behind any trader with a strong reputation and experience is a strategy. I picked my trading teacher because of his strong reputation and 5 star review.
This person has some if the best and pragmatic strategies in trading and for 70% of the situation. This is who I would trust.
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March 02, 2023, 04:30:53 PM
 #132

Believe in yourself rather than believe in others. Everything discussed may not be the best financial advice for you, it should only be considered to support your understanding of the market and its potential.

So do your analysis and do that as much as you can afford to lose. Even experienced traders will not guarantee you no losses with the results of the analysis. So think things wisely.

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March 02, 2023, 04:58:56 PM
 #133

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Personally, i do not agree that strategy changes in crypto currency trading  because in reality strategy does not change, what changes is your approach, your approach while buying, while holding and when deciding to sell. Also when it comes to trading, you need to evolve or you risk being stucked with your own ideas. The best way to grow is to improve your knowledge and implement it in your approach.

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March 03, 2023, 10:12:15 AM
 #134

If this continues, we must understand that there is something wrong with the escrow. If a trusted escrow wants to continue to do business here, they won't cheat with parties. I don't know the specific case you are talking about. If he did that and the community caught him, did he pay anything to the client? Or he just ran away with the money?

A few reputed escrow services have been there for a couple of years. People like me won't hesitate to trust them because they earned it. If I get cheated, even though I am dealing with an escrow service, there is no other way to go outside this forum. Recently I saw an escrow service website developing their website and wanted feedback from the Bitcointalk community. Such a service will be famous if something wrong happens again with the in-forum escrow service.
Escrows are still risky to me, first of all we are talking about finding someone that both parties could trust, that is all by itself is a very tough thing, secondly we are talking about having someone else you need to trust at the same time, it wasn't enough that you didn't trust the other person, now you need to also try to trust the escrow.

If there is a situation where you need trust, then we didn't understand bitcoin at all, it was done for a trustless system, just make sure that they do good by you first, and then you start to trust. So far I have been in crypto and did maybe like 3-4 dozens of small jobs to some people and in all of them I got 50% payment upfront.

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March 03, 2023, 10:54:12 AM
 #135

As a trader you need to have your own trading strategies relying on ones strategies might gives you difficulty in trading. I remembered when I was trying to use else strategies I noticed it wasn't favorable to me and I wasn't that comfortable using it so I had to devote my time and take thorough lesson on how to develop and get used to my methods which I have been using and is working fine for me despite I am not an active trader. So don't trust the new trader nor the older traders because you might not get used to it.
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March 03, 2023, 12:31:58 PM
 #136

As a trader you need to have your own trading strategies relying on ones strategies might gives you difficulty in trading. I remembered when I was trying to use else strategies I noticed it wasn't favorable to me and I wasn't that comfortable using it so I had to devote my time and take thorough lesson on how to develop and get used to my methods which I have been using and is working fine for me despite I am not an active trader. So don't trust the new trader nor the older traders because you might not get used to it.

Well both of them are old traders or even new traders with new strategies designed for people who don't know about trading and want to join in trading. I agree that we should follow ourselves since we can find the best strategies for ourselves that we are really comfortable to use. We can learn from an old trader or even hold a discussion with a new trader to get insight for ourselves about trading.

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March 03, 2023, 01:01:25 PM
 #137

Escrows are still risky to me, first of all, we are talking about finding someone that both parties could trust, that is all by itself is a very tough thing, secondly, we are talking about having someone else you need to trust at the same time, it wasn't enough that you didn't trust the other person, now you need to also try to trust the escrow.

I won't say that escrows are still risky to me. It should vary from service to service or person to person. In my case, when I will choose an escrow service, I will surely check their service background. I won't trust any service that doesn't have a good background of deal. If they have done shady deals or if any parties were harmed because of their service, I will avoid them and choose the best service. What I believe is, this is an easy and tricky business. You have to be careful so make sure everything is going well. They won't ruin their reputation for a couple of hundred dollars. But, you have to choose a worthy escrow service.

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March 03, 2023, 01:19:31 PM
 #138

As a trader you need to have your own trading strategies relying on ones strategies might gives you difficulty in trading. I remembered when I was trying to use else strategies I noticed it wasn't favorable to me and I wasn't that comfortable using it so I had to devote my time and take thorough lesson on how to develop and get used to my methods which I have been using and is working fine for me despite I am not an active trader. So don't trust the new trader nor the older traders because you might not get used to it.

Well both of them are old traders or even new traders with new strategies designed for people who don't know about trading and want to join in trading. I agree that we should follow ourselves since we can find the best strategies for ourselves that we are really comfortable to use. We can learn from an old trader or even hold a discussion with a new trader to get insight for ourselves about trading.

Yeah, that's is why you can find some helpful material on net or search some resourceful material from youtube. Although I mostly learn from YouTube then, the best is to learn from old traders and then cave out on how to implement those methods to form your trading strategy which could be convenient for you to use at any given time.
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March 03, 2023, 03:07:47 PM
 #139

As a trader you need to have your own trading strategies relying on ones strategies might gives you difficulty in trading. I remembered when I was trying to use else strategies I noticed it wasn't favorable to me and I wasn't that comfortable using it so I had to devote my time and take thorough lesson on how to develop and get used to my methods which I have been using and is working fine for me despite I am not an active trader. So don't trust the new trader nor the older traders because you might not get used to it.

Well both of them are old traders or even new traders with new strategies designed for people who don't know about trading and want to join in trading. I agree that we should follow ourselves since we can find the best strategies for ourselves that we are really comfortable to use. We can learn from an old trader or even hold a discussion with a new trader to get insight for ourselves about trading.

Yeah, that's is why you can find some helpful material on net or search some resourceful material from youtube. Although I mostly learn from YouTube then, the best is to learn from old traders and then cave out on how to implement those methods to form your trading strategy which could be convenient for you to use at any given time.

Exactly, those tutorials will give you an insight to how the business will work, it's not a financial advice but indeed very useful
for you to base your idea on how to sort the right investment.

Old traders got the glimpse on how the market will proceed and with that kind of shared information you can create your
strategy that may work if you prepare and execute everything the right way.

More on how you will consolidate all that knowledge that you will learn from all the resources that are available for you.
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March 03, 2023, 07:34:00 PM
 #140

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
You can ask for advices from experienced traders but you should not rely your final decision from them. It’s your trade so you should be responsible whatever the outcome of it. And if you don’t want to fall from disappointments, then never let others control your trades, but instead develop your own strategies in trading, that way even if you lose, at least you also learn from that experience. But never trust someone for the success of your own trades.

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