Quote from: Litzki1990 on May 22, 2024, 03:16:23 PM

Quote from: Rubel007 on May 19, 2024, 11:13:25 PM

It is unknown when cryptocurrency will be bullish or bearish. No one knows when an investor will be profitable. So there is always an increase in risk. But for a professional and experienced person it is possible to make profit by trading. There are many experienced traders who cannot guarantee that they can profit from trading. However, it is not always the case that the trader will be able to make a profit. There are many people who make losses while trading. Even if their experience and knowledge are sufficient, the same situation occurs. Both professionals and non-professionals can make profit or loss but professionals have more chances of making profit than others.

When it comes to investing or trading, the difference between a skilled person and an unskilled person is that a skilled person will analyze the market a lot and then decide to invest or trade, while an unskilled person will never think about when they are investing or what will happen next. An unskilled person will have much more money risk while a skilled person will have much less risk amount but both can result in money loss. Since nothing about the market is definitely known in advance, we have to trade with probability.

Yes, that's right, a professional trader will definitely be better at taking action than a beginner. And of course this will have the effect that a professional will be less likely to lose money in crypto trading than a beginner. 
But this doesn't mean they never lose, all crypto traders must have lost in their trading in the crypto market.

Quote from: Litzki1990 on May 22, 2024, 12:14:22 PM

Bitcoin is definitely expensive but in terms of investing in Bitcoin but certainly there are enough opportunities to invest as per our ability then I would not consider Bitcoin as expensive to invest at all.  We have the opportunity to invest with a minimum amount of $10, in which case we can invest as much as we want and we can increase the investment amount as we want.  One of the easier things about investing is that now DCA method of investing is available  an investor can follow the DCA method and invest in Bitcoin according to his financial position.

DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.

Quote from: Gurujebs on May 09, 2024, 03:56:55 PM

Quote from: emmybd on May 01, 2024, 05:32:21 AM

Technical analysis is important to execute trade. Professional traders analyse various graphs and charts before going for trade. One has to spend time to learn technical analysis and gather extensive knowledge about trading if he wants to earn money by trading.

You don't only gather knowledge, you need other things to survive in trading and one of it is experience. If you learn all you need about technicalities in trading but you don't have the experience, you will learn another thing instead of making money, the time you are supposed to use to make money, you will be using it to align your knowledge and experience together. It's better to learn it together in the process before starting with real money.

That's right, when we study all the existing theories, we will directly have very important experiences that can be used to determine price movements that will occur in the future. I prefer to use money directly but with a small nominal amount so that in what I do I will be more careful because I am using real money.

The also looked strange to me. When Usyk landed those punches and Fury start to daze and dance around, usually fighters jump on their opponent with furious attacks and TKO opponents. This time, Usyk was either cautious, or was looking for one clear shot, or I dont know. As if he waited for referee to stop him from landing numerous unanswered punches, or referee was disturbed him with his either he is interfering and stopping or not the fight. Or referee was saving Fury from TKO. Or it was done un purpose because they have a rematch and they need a reason for that (split win looks better towards rematch than TKO). Strange feeling after that near to TKO situation.

Quote from: rizqillah on May 04, 2024, 11:00:01 PM

Quote from: taufik123 on May 04, 2024, 10:46:14 PM

Quote from: bayu7adi on May 04, 2024, 08:15:28 PM

I agree more with those of you who suggest trading directly without having to try first. In fact, if your budget for trading is very small, you can use a small amount of funds first and think of it as a cost of learning to understand the world of trading. whatever the outcome, you will still learn valuable lessons from every decision you make, therefore you will grow and develop when you are ready to develop and grow.

Trading directly using limited funds and it will be an experience that will make one learn how to trade well.
But after all the theory is also necessary even if it is only basic, because without theory trading will not find its point of achievement.

When some theory is applied and trading directly is done then this will provide good knowledge and experience.
I also do that and try to understand theories or techniques of analysis and fundamentals and hone my psychology.

Learning trading is a good thing when investing in the crypto world. I also tried to learn some trading analysis and practice controlling emotions when trading, but experienced several failures because sometimes greed makes us unable to make rational decisions..

Our teacher always told us that you should keep learning every moment of your life and never think that your education is done. I still remember my teacher's words and I still use his words to tell others that there is no end to learning. A person has enough knowledge about trading but if he thinks that he has enough knowledge that he doesn't need more knowledge then he will fall behind others. I have enough idea that I should mature this idea more and so that I can turn this idea into my confidence and apply my skill to do that job. So we have to learn and try to learn in future.

It is very risky if you are wanting to make profits on a daily basis consistently, I have sometimes made some small profits in a single day but there is no guarantee of making profits everyday! Somedays you will see your portfolio go down, then you should wait for as long as you can afford and sell when there is a surge and it reaches your desired price, so patience is very essential. Buy, then hold, then wait, then sell, I guess that is the only strategy although it is sometimes boring and needs patience.

Quote from: milewilda on May 12, 2024, 09:59:18 PM

Quote from: kulkhan on May 12, 2024, 09:49:52 PM

Quote from: 0t3p0t on May 06, 2024, 07:13:48 PM

The oldest coin I've been holding is Bitcoin alone and newer ones are memecoins. I am still hopeful to reach my target to get a whole Bitcoin though I don't have timeframe to really have it but as soon as I have it I'll post it here. It's not that easy to have that challenge knowing that I don't have enough money or weekly Bitcoin income to fill it in but yeah it is the only oldest coin I have for now.

Old is gold it is true for this market i strongly believe it. We saw many new coin are coming and scamming and exit from cryptocurrency market within short time. On the otherhand old coin is trusted because old coin survive in this market face and overcome many stragle.
So i think odl coin is best. And i also hold some Old coin. And i will hold it till bull session.

We would be still welcoming those new coins which have new tech and features but of course those old coins or projects wont really be letting themselves getting left behind as we have seen that some of them are still continuing to develop or making out some updates. If it does work then why would be needing to be replaced? This is something a very common principle.
It is really just that people do love on engaging on new things on which we cant blame them off. They've been thinking that the market will flow through continously which its normal
but priorities will really be something that can be seen.

Obviously welcome for new coin. And all new coin are not bed. Some new coin are being established and some new coin's are getting lost. Acctually i want to say old coin Older coins are already ttrusted. But new coin need some tome to understand. So i preferred for old coin. And i also like old coin personally.

Quote from: DAMKAR on May 21, 2024, 10:56:03 AM

Of course, professional traders gain more profits than losses in trading, because they can manage losses by getting bigger wins. Crypto is unpredictable, it is reality. But a professional trader can predict market movements.

Professional traders can predict market movement as well as they have the ability to choose a better coin and also they don't choose any coin without studying about it. Professional traders completely focus on trading and they study about the market, its condition and features day and night.

They also make mistakes but their mistakes are not about choosing the wrong coins but their mistakes is that they assume the market in one state and market changes in the opposite direction to their expectations.