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Messages - koang

Pages: [1] 2 3 ... 23
1
Yes you are right but there is a limit for us to take CL actions to reduce losses but this does not apply to people who want to invest in the long term, CL applies only to people who do day trading.
I'm not a pro trader but I often trade on spot trades and only use stop loss on profits, not for cut loss.
DCA through stop loss to exit.
This will enable me to have constant profits and exit all trades in green.
Setting a stop loss in red means we are gambling, instead of buying coins that we know will recover. IMO
Everyone has a different trading style, they will use the strategy that they think is the best and most effective, for me it's different, I trade using a simple buy let sell method.
Why I don't use the DCA system like many people use because I am an active person who sees price movements in the market even though I don't trade.

Cool... It seems like you have a clear strategy for each asset you own :)
And you're right,  each individual employs a distinct strategy. The merits of a particular strategy are not inherently positive or negative, rather, they depend on its suitability for the individual investment goals.
Nice to meet you and thanks for sharing

2
Dogecoin Forum / Re: How long to you plan to hodl your DOGE coin?
« on: May 20, 2024, 09:09:27 AM »
Currently not having any Dogecoin in my possession but even if I would consider holding dogecoin then I will have to hold it as long as I know it could worth something sustainable in the future than now but, presently I don't consider holding it because I can't trust altcoin for now even though it seems so established I won't hold it instead I can hold ethereum and BNB instead of memecoin.

Memecoins surge, led by Doge, Pepe, and others.
High trading volume reflects market frenzy and bullish momentum.
The overall market cap of Meme coins is up 32%, with several standout performers, but like you, I don't have Doge but Altcoins like Ethereum and BNB are still in my portfolio.
Doge and the other meme coins do not suit my financial goals

3
The final round was quite predictable, but not going to lie, I' was a bit surprised by the consistent win streaks of both top teams in the final stages.
Winning streaks of 6 for Arsenal and 9 for Man City were, statistically speaking, quite unlikely to happen in such a strong league. I was expecting them to show some season fatigue, similar to Liverpool, who were hanging in there for a long time, but couldn't withstand the pressure and dropped out of the title race.
Both teams can be proud of their performance, sadly, the winner could be only one.

Yep. This season both teams put in Incredible performances, this is the best season in a long time.
I love the Premier League even more, and Arsenal look ready to go hunting next season but they must try harder.
Congrats to Manchester City... I can’t wait for the next season begin and to see which players the league clubs will bring in.

4
Binance Coin (BNB) / Re: BNB prices will go up
« on: May 19, 2024, 11:54:13 AM »
That's right, $1k for the price of BNB, which is a very popular coin, I think is still reasonable and can happen when Bitcoin reaches its TOP ATH. We should wait and see what ATH Bitcoin will reach and this will affect altcoins, including BNB.
To reach a price of $1k is very easy, we have to know that BNB has a Binance platform which often manipulates prices without many people knowing. They also provide several launchpad events that all Binance users who have BNB can participate in. This is one thing that makes it easy for the BNB price to reach the price you mentioned.

The manipulation of the price is part of the game :)

In theory, when we talk about price, everything is determined by supply and demand, but utility is the key.
The more uses a coin has, the more people will buy it, and as we all know BNB has many use cases.
So I agree with you, $1k is just a matter of time. We just need more patience.

5
agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
When the 4 year cycle is finished, we have to leave immediately to secure the profits we have made, converting all assets into USDT is a very good choice. It is very easy to make a profit in Cryptocurrency. We only need to understand and follow the price movements that occur in cryptocurrency to still make a profit.

It sounds easy, but in reality, it's not that easy.
It takes a strong belief to keep believing in Bitcoin, volatility can sometimes scare us and the market will eventually force us to sell and the massive gains won’t be there anymore.
Investing is about money management, and becoming a BTC bull by choice.
So keep calm, stay safe and Patience is the virtue

6
I am optimistic that once the Bitcoin ETF is successfully approved by the SEC this year, 2024; there is the possibly of an ethereum ETF in near future. I think that the success of the Bitcoin ETF will determine wether there may be other ETF, for instance, ethereum, Binance, Tron, Solana, polygon ETFs. Now, Do you think other ETFs could follow Bitcoin ETF? Just your thoughts, thank you.
Ethereum always follow bitcoin in every ways , from growth to dumping and from regulations around the world ,
though bitcoin ETF have already approved months ago yet Ethereum seems to be following sooner, but we cannot expect this 2024 not unless issues will be resolved so this will come stronger this 2dn or 3rd quarter.

Ethereum’s structure fundamentally differs from Bitcoin’s.
The SEC technically approved the BTC ETFs using a 3-year look-back correlation analysis and Bitcoin has less for a potential lawsuit.
But who knows :) I hope your prediction is right, the issue is solved, the ETF ETH narrative will become stronger in the 2nd or 3rd quarter and approval from the SEC will come sooner than we expect.

7
Fraudsters are smart people with bad behavior, they have the skill of tricking you with various steps in order to achieve their goals. We must always be careful in investing and do research before buying coins that are prone to fraud.
Sometimes these fraudsters are really needed for cryptocurrency price movements because their presence can have an influence on the price of cryptocurrency on exchanges. With them, prices can go down easily. These people are sometimes not ordinary people but people who have great influence and have important sites that are often visited by many people.

What do you mean by scammers are needed for crypto?
A scammer is a scammer, they're toxic and bad for the crypto space.
Price movements are determined by supply and demand, although sometimes Whale tries to manipulate prices by creating hype and pumps, this is normal and a part of the game. They cannot be categorized as fraudsters.

8

Anyway, today update match.
Milan was defeated by Torino


It seems like Torino is more determined to win than Milan, who arguably have nothing to lose since they're already assured of finishing second.
Second place isn't bad, but it's clear that Milan has become a mediocre team. I can’t believe what I see :(
I hope that next season, the management recruits a new coach who will help Milan achieve more. Quite mediocre
Pioli has done his best for Milan... it's time to step down

9
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 18, 2024, 07:13:16 PM »
I stopped investing in altcoins for quite a long time now because altcoins investments carries a lot more higher risks and you can lose more. My previous experiences with altcoins wasn't really blissful and I don't regret saying no to altcoin investment.
Bitcoin on the other hand has proven to be quite a more secure and efficient way to invest and I've never regret choosing bitcoin over altcoins,.

Every mistake adds to our understanding of the world, learn from mistakes, don't make them again, and never stop learning :)
Altcoin may make us a lot of money but not wealthy, only Bitcoin will make us Wealthy and have financial freedom.
But investment is all about finding what works best for us, each of us has our preferences, and it is important to align our choices with our goals.

10
Congratulation for Juventus after winning Copa Italia this season, success defeating Atalanta over 1-0 at the final and make Allegri has good achievement before sacking from his position. Juventus management had announced sack Allegri from his position and replacing by Bologna's manager Thiago Motta with three years contract duration.
Next season, Juventus will participants in Champion League after absent almost three season and Motto must improving Juventus performance how keep compete their performance in domestic league.

Paolo Montero will be interim coach until the end of the season.

Juventus sacked Allegri because of disgraceful behavior but instead appointed a coach who was considered the rudest figure in the history of the Italian League. lol. There is something wrong with the club management
Allegri is the first coach to win the Coppa Italia five times and I think Allegri deserves a better farewell.

11
Before the halving occurred, it seemed like the ETF effect had indeed occurred on Bitcoin, but it seemed like it would continue to happen again, and it would still take time after the halving, Because there could be a correction first and that is natural and very good for investors to continue buying and will provide encouragement for Bitcoin to increase sharply.
While waiting for the 4-year period which falls in 2025, there will be a lot of turmoil, and we have to be ready for that.

I think so
Correction is a healthy reset,  capital flows into the network climbing again, Bargains will float to the surface and correction can be the perfect time to get rich if we are prepared for one
BTC just had a halving, Financial Companies are coming in and Halving will make BTC more valuable.
We are still in the early stages of a huge exponential move, Bitcoin season.
And I hope Altcoin season will follow soon

12


Man City is a huge favourite, but, looking from a slightly different angle, and assuming West Ham will care about winning at all (just for the glory), it might not be as easy game as many expect it to bee.
First of all, West Ham know how desperate Man City is for the 3 points, so they'll probably start very defensively and will be focussed on just stealing time. As each passing minute of a goalless game will make the City more stressed and desperate, the risk of them making mistakes or overcommitting to attack will increase, potentially opening situations for counterstrikes for West Ham.



West Ham is 9th and this game will not make a difference to their final league position but I think West Ham is looking to finish the season with a flourish
I know, West Ham hasn’t got what is needed to beat or even draw with Man City but this match is the last game for Moyes, So why not go on the attack and surprise City? Give them something to think about, not for Arsenal but for pride.

13

No, not at all, I understand what you mean, I just was complementing what you said about diversifying only in crypto, because I know that it is a very good option , other than doing it in this way is not a bad idea, we all know what we are waiting for the Halving effect and it has not yet passed, we are also waiting for the effect of the ETFs, although I am not sure if it has already passed when it reached $73k, but in accordance with this, it could be that by 2025 things happen, then At this time it is good to get a good project where you buy cheap and wait for a new ATH to Arrive and then take advantage of 3x, 4x of any tokens or crypto, although this will always be a risk.

Ah, my bad. I read too fast :) Thanks for the clarification.

The halving will not immediately change the price of BTC, but if history repeats, the halving's effect on the price will take a few months.
One of the things that could increase Bitcoin prices post-halving is the trend of Bitcoin ETF fund inflows which reflects investor sentiment towards the Bitcoin halving.

FYI. Millenium Management, one of the largest hedge funds in the world, has bought $2B of Bitcoin via ETFs.
https://twitter.com/danheld/status/1790859122881056847

14

But then, I fear for Sol coin, and the Solana blockchain in general, for I believe that at some point in the future, meme coins will fade away, not completely, but they will possibly seize to become as popular as they are right now, and by then, not many new memecoin will be birthed on the Sol network, what then becomes of Solana? Since based on my personally research, there are just a few utility projects have built on Solana, the rest are all meme coins.


Don't marry with your coin, the show must go on...

There was a time when Ethereum was very popular and all projects were launched on their platform, then BSC with low gas fee, now Solana, and maybe tomorrow Base. It's natural
If the Solana team cannot build a good project in their ecosystem, they become a dead network.
The competition to be the best Altcoin is by creating innovations and solutions for everyone, this is good for the crypto space.

15
There is no longer any hope for them this season. In fact, their current position has fallen even further, to 9th place and there is still the possibility of being overtaken by Torino if they still cannot get another win in the next match. This is truly a crazy decline in performance as a club held the Serie A title last season. In fact, there are not many changes in their squad, but indeed, the coach's reputation is very high, which makes their condition really drop like crazy like now.


Yep. What a disappointment. It was a year to waste, A gem that became graffiti in less than a year.
And I'm grateful that this season is coming to an end. Finally, the torture ended.
I hope that in the last match, Napoli will put in a good performance and it will be an interesting match, whatever happens.
Please... Don't give 3 points easily to Fiorentina and Lecce.

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