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Messages - doc

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1
Even though I am free to carry out crypto transactions, I am more comfortable doing p2p transactions where I think it is easier to transact to the destination, such as if I need an ETH base, just pay with my country's money without having to exchange it for USDT first.

but for your country, like it or not, you have to exchange it for USDT first before you can buy the BTC you want,
If you like P2P, that's good for you, we can also exchange USD on our country's local wallet exchange. Kadi, I don't think that's a problem.  I read that some countries don't allow their citizens to make crypto transactions, that's a problem for crypto lovers and those who want to invest in crypto.  When the service is not provided in our country, we can try using another country's VPN, but I have never done this.  Because it's allowed in my country.

2
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 30, 2024, 01:31:24 PM »
Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.
Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.
I can attest that Binary options type of trading could really be considered to be gambling, although you could really be able to apply some analysis considering that you are really that making some trading on which it would really be just that normal that you would really be making yourself that applying analysis on which it cause up for you to have that increased chance on making some good trading but since binary options are really that involved with few seconds or even just a minute trade then this is something that you cant really be able to draw any technical analysis or even be able to apply any fuindamentals and this is why i cant be considered to be gambling and pretty sure that majority will really be having that impressions too.
I think I agree with you, Binary options type of trading seems a gamble.   Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use?  It doesn't seem to have much of an effect there.  I'm not a professional trader, just a holder who has learned a little about trading.

3
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: May 30, 2024, 01:21:39 PM »

It would really be that according into your situation because non all would really be having that enough money that they could really be able to buy up huge sums of coins and holding up for long  term. We do know that you could be only be able to feel up the profits on the moment that you do find yourself or accumulate yourself tons of coins but if its just small then you cant really be able to feel at all. This is why they would really be deciding that they would really be making up some active trades and would really be that trying out to make profits in a short time period.
Yes, its possible but its not something simple on which you could really be able to get i directly.

Yes, I also trade to make a profit and from that profit I use it to increase my crypto assets, because as you said, not everyone can buy assets in large amounts.  I collected a few rewards from bounties and airdrops from 8 years ago until now.  And currently I am also focusing on trading to get daily profits.

4
Solana Forum / Re: Is Solana coin a good investment?
« on: May 30, 2024, 12:19:10 PM »
We should choose a reputable exchange, because an exchange whose reputation is not clear will make us lose our money. Currently I only use Binance, Kucoin and Lbank for trading, because I am more suitable and have higher confidence than other exchanges.
When you talked about Lbank I immediately saw it on coinGecko it turns out that Lbank is in 27th place If I may know why you chose Lbank while there are still many better markets such as OKX, BYBIT and Coinbase
Binance and Kucoin still a good and reputable exchange but i am not agree with Lbank. this exchange is not much reputable yet. Tokens listed on LBank have a low liquidity onel due to which large amounts of tokens or coins cannot be sold simultaneously at a stable price. Binance is currently the largest and most reputable exchange platform.
Yes I also have the same thoughts binance, kucoin, OKX, Bybit, Coinbase .  But it all depends on their preferences which exchange they choose, currently the ones with good reputations are Binance and Kucoin.  LBank's liquidity  is very low, but maybe he likes trading there more.

5
That is what is called experience, of course in gaining experience we will experience several losses so that we understand mistakes and will not repeat the same mistakes again. From the bitter experiences that have occurred in our lives, we will become more careful.

An ease comes after hardship therefore if you are not getting profit at start then make it sure that you have learned something better from your mistakes so after a long term struggles you will definitely be a better trader in future.

We are witnessing that many individuals are experts in the crypto field but these were not experts by birth but have faced many challenges but did not give up and now they are teaching others according to their experience that nothing is impossible.
You are right, those who are now experts used to face many challenges and of course experienced losses but they did not give up and continued to learn from their mistakes until they had a lot of experience and became professionals.  We can learn from them if they are willing to share their experiences and knowledge about crypto and trading strategies.

6
Bitcoin Forum / Re: Is Bitcoin legal?
« on: May 30, 2024, 11:49:42 AM »
To be honest, I still don't see any reason why a government of any country should still be fighting against Bitcoin after all the evidence Bitcoin has shown to act as a support to the economy. Today El Salvador is benefiting from their acceptance of Bitcoin as a legal tender, other countries and nations should learn from them, and see how Bitcoin has help to boost their economy. I believe selfishness is among the reason why most government still fight Bitcoin in its nation.

Maybe because the government wants to maintain its FIAT, which is the reason why they don't legalize bitcoin as a payment method like El Salvador.  Or maybe for security reasons where bitcoin is afraid that the government cannot control it.  I also haven't found a reasonable reason why it hasn't been permitted.  But rest assured that no one will be able to oppose technological progress, in the end they will accept it.

7
Ethereum Forum / Re: Will we really see an Ethereum ETF?
« on: May 29, 2024, 03:27:33 PM »
Be careful because in my opinion there will be a sell the news on the day of approval
a bit like what happened with everyone and everything, just to understand how it happened with the other ETFs
so if you want to speculate, the right time to sell is as soon as there is news on the approval

The ethereum ETF has been approved, dude.  But we have not seen ethereum have a good movement, I am also waiting for the news.  If someone wants to manipulate to sell ethereum, I plan to buy it according to my ability, because I have prepared USD for this.  Learn from previous experiences, when bitcoin ETFs were approved.

8
Yes, it's true now don't expect too much from any coin so as not to experience disappointment when what we expect is not as expected, I consider this TRX is a coin that really takes a long time even very long but the movement of TRX even though it is very slow but definite.
Justin Sun once dealt with the SEC because of allegations of TRX price manipulation, then there were rumors that he was leaving TRX, and several other things that made some parties worried and distrustful of TRX. Ah, I don't know, actually the price of TRX from the last bullish era couldn't reach ATH as quickly as other altcoins, right? This is similar to XLM which is very difficult to make significant improvements. So, as long as TRX can survive on the market, that's enough to be grateful for. Even since it was created, TRX's ATH was only $0.3, so it's very difficult to get above that again I think.
I think so too the price movement of the two coins is very slow it seems to be true that you said TRX has lost trust and xlm maybe because the ecosystem is very small and only a few people are interested in this coin but these two coins can be said to be legendary coins when viewed from their age
Honestly, I still use TRX for transactions, apart from using Binance Smart Chain and Solana.  But my XLM doesn't use it.  They are old coins that have started to fade, perhaps because the dev team is not trying to improvise their projects to compete with other networks.  Let's see if you have any good news about these two coins.

9
Basic Questions about Cryptos / Re: Invest or bounty?
« on: May 29, 2024, 03:05:23 PM »
No one wants to join the bounty of scam projects. People usually know it as a scam project when the bounty is over already. Many new projects look very convincing when they are in the promotion period such as launching the bounty program. But when the promotion program is over, the project can disappear. People just realize it is scam, after the project is no longer active.

Yes, it just wastes time and effort to join the bounty of scam projects. We sometimes already do a research, but it is still difficult to determine the scam projects.
Its bad viewed of bounties campaign, first time launching seems promising and after campaign ended the team make delay payment until not respond yet will paid or not. I think for bounty campaign need to get escrow payment way for guarantee payment distributing after campaign ended, but the success of bounty campaign depend on their project sold out at pre sale or not behind most of scam bounty not get funding raise and difficult to pay bounty participants.
I think for bounty campaign participants need to find unique way how to make the bounty project success on pre sale and get opportunity with bounty receiving the payment.
It seems that the current bounties are no longer attractive, except for BTC paid bounties which are paid weekly.  I am still participating in this bounty.  In the past, many bounties were scams and we know that after the end of the bounty they were not paid.  It was very disappointing and a waste of our time.  Maybe we can switch to airdrop, it looks like it's starting to get busy right now.

10
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: May 29, 2024, 02:46:51 PM »
No doubt, bitcoin is getting expensive. What should we do to that, is it not to invest with the little amount we have and expect a profit from that rather than wait for when bitcoin gets down in price before we invest because doing that alone would deny us the opportunity not to be among those that would gain from their bitcoin investment.

It's best to buy bitcoin when it's bearish, where prices were still cheap two years ago.  Because currently the price of bitcoin is very expensive.  I'm not buying bitcoin right now, but I'm just holding butcoin that I bought a year ago.  Currently I only do short and medium trading in altcoins.  I think this is the safest.

11
Dogecoin Forum / Re: What makes us believe in DOGE coin ??
« on: May 29, 2024, 01:10:10 PM »
The most meme coin community is still won by Dogecoin, Dogecoin was the first meme coin and Dogecoin has become an inspiration for meme coin developers who are now circulating Dogecoin holders are very many, especially people who have bought it at $0.7.

those who bought doge at $0.7, do you mean they were trapped in the high price so they held it until now??  Waiting for the doge price to rise again.  Doge is the most popular meme coin, recently I saw PEPE showing good progress, will PEPE be a competitor to doge and shib in the next year.

12
Cryptocurrency Trading / Re: Don't be in a Rush
« on: May 29, 2024, 11:48:42 AM »
People are mainly worried because we are seeing the price change a lot more often these days. Considering we are also beyond the halving now, most people are thinking that we are going to see bitcoin skyrocketing, because the bull runs usually happens after the halving so we are near those times. Which is why a lot of people are in a rush, some even took out a loan at some point when we reached all time high a few months ago, and that's a risky move that did not pay out very well so far. Basically, its the historical data that shows what may happen, and that makes some people rush into decisions.
We should wait patiently because usually a bullish top will occur after the bitcoin halving, why are we rushing to hope that bitcoin will rise high.   suggests we start buying potential altcoins because we will also soon see altcoin season.   And one thing I don't agree with, taking loans to invest, it's very risky if you buy the wrong coins

13
Dogecoin Forum / Re: Future of dogecoin
« on: May 28, 2024, 11:55:31 AM »
Being stiff and caring about what other people say is also not good, this is our money and we ourselves will bear the risk. If we believe Doge will provide a profit, then buy and sell when we have made a profit. Forget what people say, let us have our own analysis based on our own thoughts.
I don't care what they say I will sell it later if Dogecoin has a price movement to $0.5 and I don't care even if later after I make a sale and Dogecoin rises to $1 the most important thing is that I have made a profit which I think is enough  :)

Your target is very rational if you target Doge at $0.5.  Because I see a lot of people setting their targets high with the assumption that Elon Musk will tweet or something so that the doge increases.  But to this day Elon hasn't done it.  We should set reasonable targets.

14
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 28, 2024, 10:52:34 AM »

It cannot be denied that this method makes it easier for us to invest, we are not required to have a lot of money, because with only a small amount of money we can still invest and that is something that benefits us.

There are many ways that can be used and this strategy is a popular strategy that many people use. The effectiveness of this method is something that makes us have no pressure, because we can invest any amount.

Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have.  Say did that, using money from trading.  The profits from trading I bought bitcoin using the DCA method.  Maybe many members here have done it.

15
Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?

A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...

Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear

         -   In my opinion, making mistakes in trading is normal because there are no perfect traders. As long as we make mistakes, we should always learn from them. Apparently, the more mistakes we make, the more learn we also make, right?

Just be patient in trading and don't get bored or stop worrying about trading here in the field of cryptocurrency, because the heart of the crypto industry is really in trading so that we can get earnings here.

I also experienced losses in trading, but my wins were more.  So I continue to trade until now.  Maybe you can't say I'm a professional trader, just someone who is learning to trade, but it's been quite a long time, almost 7 years.  There was a lot of bitterness and defeat at the beginning of learning trading, but I learned from all those experiences.

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