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Messages - Geey

Pages: 1 [2] 3 4 ... 65
16
Well, yes, i have been even practicing on demo account lately on my favorite centralized exchange which happens to be Digifinex. Among the many exchange in existence, I prefer the above mentioned exchange for my features trading and also because it has a demo feature. Even while I was learning how to start forex trading, I start with the demo account which made me to learn how to assemble the indicator, how to read and understand charts and the indicators movements. Although I can not speak for everyone but I know that many newbies to trading actually learn from demo, else they will just end up to loses their capital.
That's right, I also use a demo account to hone my skills in trading, not only that, I learned how to understand market charts... but I'm still not smart enough to develop a trading strategy and I know that in crypto trading we have to have a daily profit target and have to be smart. manage our assets so that we can profit many times over..
From studying the demo account I gained a lot of knowledge and was able to trade better than before.

17
Cryptocurrency Trading / Re: Fear or greed
« on: February 19, 2024, 05:39:45 PM »
Greed will make us lost, when the price is reachable and we are greedy want to gain more profit . But suddenly the price dump, we just say f*CK and lose our opportunity. ;D
Fear , it's also bad emotion. If we always fear we can't have opportunity to invest firstly when the price is still low.
when we realize it turns out the price is already high
Exactly. If we are too greedy, we may fail to get profits but we just end up with losses. That's why we must plan everything with realistic targets. We don't expect too high rates to take profits, that may be the obstacle to success. I've experienced several times that I failed to gain profits because I targeted to sell at a too high price. Sadly, it is shitcoin, the price never increased again.
If we make greed a principle in someone's trading, it is very dangerous, instead of big profits he will get losses instead. what you say is true, when we buy coins at an affordable price then the coins we save go up and he is still waiting for results that are much more than now and then what he is waiting for is not achieved instead he experiences a decline in the price he bought.. in conclusion If there is an opportunity, even if it is to gain a little profit, it is more likely that he will experience no loss at all, because opportunities do not come a second time.

18
Bitcoin's journey was very hard and even almost became extinct, but we see that now Bitcoin is at the head of all coins. This is thanks to the people who want Bitcoin to live in the future because they believe Bitcoin is not just a currency, and now we see Bitcoin has gone up to $52,000, this is a very beautiful moment... I'm sure as time goes by Bitcoin will continue to rise even though it experiences a slight downturn. , now what we do is continue to support crypto and don't miss out on saving coins that you think will make a profit.

19

It surprises me that some people still do not see the practical uses of cryptocurrencies. While there are cryptocurrencies without real-world utility, many cryptocurrencies and blockchain-based services enable practical, everyday usage. For example, online payment platforms like Ivendpay support multiple cryptocurrencies, giving users more options for making purchases. This provides flexibility and convenience - customers can pay with their preferred currency. By accepting various digital tokens, merchants also open their products and services to a wider customer base. So in many ways, cryptocurrencies already have practical applications for payments, purchases, and real-world financial transactions. The growing adoption of services like Ivendpay demonstrates the real-world usefulness of cryptocurrencies beyond speculation.
People who doesn't know about it, hesitant, uninterested, one sided, and has this tunnel vision with centralized assets does not really care about the practical uses of cryptocurrency. One day these kind of people will realize how stupid they are for ignoring the potential of cryptocurrency. We have already witnessed how profitable and useful crypto is in the present days so how much more in the future right?
That's right, people who say that are very stupid because nowadays things are getting more sophisticated, why do they want to continue to be like that and don't want to look for lots of new technological updates in this day and age... if people are familiar with crypto, it is very likely that it can change their economic life and not only that. also know about technological advances in this world.

20

It surprises me that some people still do not see the practical uses of cryptocurrencies. While there are cryptocurrencies without real-world utility, many cryptocurrencies and blockchain-based services enable practical, everyday usage. For example, online payment platforms like Ivendpay support multiple cryptocurrencies, giving users more options for making purchases. This provides flexibility and convenience - customers can pay with their preferred currency. By accepting various digital tokens, merchants also open their products and services to a wider customer base. So in many ways, cryptocurrencies already have practical applications for payments, purchases, and real-world financial transactions. The growing adoption of services like Ivendpay demonstrates the real-world usefulness of cryptocurrencies beyond speculation.
People who say crypto has no practical use are people who don't know much about crypto. if he has entered the world of crypto and he starts investing, then he will say crypto has practical uses...
Crypto is now widely used by people for transactions in payments or transactions between companies because crypto is so technologically advanced... I'm sure all companies and even countries will use blockchain technology even though there are countries that don't yet allow it as an online payment.

21
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: February 19, 2024, 05:06:33 PM »
market movements are now increasing from the beginning of 2024 when in 2023 the market movements were unstable, often going up and down, when the beginning of 2024 the movements started to improve, even very better than before... and this makes people who buy bitcoin in 2023 get big profits and then hold on to them. until now.
I think crypto affects everyone because crypto can change their previous lives.

22
Cryptocurrency Trading / Re: Have you used tradeogre exchange?
« on: February 17, 2024, 05:27:11 PM »
Code: [Select]
I just heard about tradeogre.com and I also have no reason to comment about this, but if you want to start trading it is better for you to choose the top 10-20 coins on coinmarket because the coins listed on coinmarket are already successful. It's better for you to be safe rather than later incurring big losses and don't choose coins that are not clear, now many new projects are emerging, in fact almost 50% of new projects are fraud and cause a lot of harm to people... now there are very few investors to invest in. new coins they are afraid that there will be fraud against them.
As you have said, it seems like Tradeogre is a new exchange site, and when you see a new project based on an exchange site, you have to research it carefully and fully understand the team behind it as well as the social media pages of this exchange place. There are many exchange places where it ends up being a scam, and this happens often, so you have to stay alert when contributing to a new exchange.
That's right, when investing or trading crypto, don't make decisions too quickly because if you make the wrong move, a little of your money will be lost. So start carefully and carefully in trading, everyone definitely wants big profits but behind getting big profits we have to be patient. Most traders lose their money because of their own carelessness and my advice is that we must instill in ourselves the attitude of patience and be thorough in everything.

23
Cryptocurrency Trading / Re: Becretiful don't buy JUP (Jupiter) Gate.io
« on: February 17, 2024, 05:20:27 PM »
Here I just want to share a little cheating in the https://www.gate.io/ market.
Jupiter will be present in the Gate.io marketplace but not for now because there is already a schedule for each of these listing schedules
But why is it that before this time it can be traded?
Ceck here
https://www.gate.io/price/jupiter-jup
After I checked everything it turns out that this is a fake coin from a different smart contract (SC) and for SC jup is now only available on the Solana network but this one is on the ETH and BSC networks.

Is it just about the money?

Here is the JUP coin listing schedule and launch status.


From now on I don't trust gate.io anymore
I will leave gate.io
Don't buy jup coin on gate.io it's fake coin
i don't know much about gate.io exchange yet but if the exchange is manipulating coins is it possible? I don't think so, because as far as I know, the gate.io exchange is a well-known exchange and many people transact there, if gate.io does that they will lose their customers, even all gate.io customers will disappear and there will be no more people transacting there, they will lose every income day of each transaction.. but in my mind gate.io is not that silly to do something like that because they know the risk is very big and their exchange will be lost.

24
If I'm not mistaken, I've heard articles like this. If this is true, this will happen to the development of crypto, why is crypto still developing even further than before, even many companies and countries are using it, although not all countries, but I am sure that crypto will continue to live in the future because crypto brings new technology, even every bank in the country there are those who are collaborating with crypto.. even though crypto in my country is not yet fully permitted, the government has started to see the sophistication of crypto technology and they have started to be interested in crypto, I hope the government in my country uses crypto technology too.

25
We have a myth in the crypto market: Do the opposite of what Jim Cramer predicted and you will become rich!

That means Jim Cramer often mispredicts market movements, but perhaps this isn't obvious. Normally, in the long term the ratio of correct and incorrect predictions will be 50% and 50%, but there is something that makes Jim Cramer's predictions wrong very often, at least the predictions for Bitcoin.


In addition, Jim Cramer is not an ordinary person, he is a millionaire with assets worth about $150M-200M and an income of $5M-12M per year:

"CelebrityNetWorth.com has listed Jim Cramer’s net worth as $150 million since mid-2022. Multiple outlets, including Investopedia and Yahoo Finance, have cited this figure in the time since. An October 2023 post on CAclubindia.com, however, listed Cramer’s net worth a third higher at $200 million.
~
Most sources peg Cramer’s CNBC salary at $5 million per year. That figure again seems to trace back to CelebrityNetWorth.com. Interestingly, CAclubindia.com again lists a higher figure — $12 million per year — in its October 2023 post[1]".


Even his wrong prediction is considered an art in his journey to become famous and become a social phenomenon[2]. In the investment community, Jim Cramer's name is probably mentioned more often than the names of some actors and athletes.

At least, I want to try to explain the reason for this anomaly: Why does Jim Cramer often mispredict BTC movements?

  • The 1st assumption: Jim Cramer is not an investor, he follows the market through the news and has emotions and opinions like the crowd: often overly optimistic or fearful. Investor extreme optimism creates market peaks, while extreme fear creates market bottoms.
  • The 2nd assumption: Jim Cramer follows market sentiment and speaks accordingly to gain the support of viewers, it's not by chance that CNBC pays Jim so much money.
  • The 3rd assumption: Jim Cramer understands market sentiment and says the opposite to create something special and get viewers' attention.
  • The 4th assumption: Jim Cramer was bribed by Market Maker to manipulate the market. I think this theory smells like a conspiracy theory.

What do you think about this: do you often invest by doing the opposite of Jim Cramer? Why do you think Jim Cramer has the ability to make predictions that are consistently wrong so many times?

[1] Jim Cramer’s net worth: How much does ‘Mad Money’s' stock-picking superhost make?
[2] Jim Cramer and the Art of Being Wrong
predicting bitcoin movements is not easy and is not always 100% correct, usually people predict bitcoin movements 40%-70% right and 60% wrong, but most people predict bitcoin movements by looking for a lot of information, almost the same as Jim Cramer did because that way it's possible people can predict the movement of bitcoin and if it's another way maybe I don't know much and what I know is like what Jim Cramer said... if there is a way other than the above, try sharing it with all members here.

26

I'm also going to talk about this issue: Visa is just a way for investors to sell crypto more easily, but users still don't use crypto to pay for goods.

I don't see this as an issue.
People are not buying goods with crypto. They are putting their life savings in it!! This is just huge.
I think visa and crypto support each other because with visa people can buy crypto and from crypto people can withdraw their assets through visa... but currently crypto cannot carry out transactions to buy goods. Maybe in the future crypto will be like visa and can be used for transactions...
but they both have their own advantages and disadvantages in their work, but I am sure that in the future crypto will be the same as visa usage.

27
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: February 16, 2024, 05:10:59 PM »
To succeed in trading you will need years of hard work and sufficient capital.  Money is not earned that easily and free cheese can only be found in a mousetrap. If you can continually reduce these errors, you'll be one step closer to sustainable profits.
It's a journey that will take a long time to become a successful trader. But once success does not mean that there will never be losses, losses will always be there, it's just that maybe it will be more minimized with enough experience and knowledge.

Yes it is true, sufficient capital will also be very decisive for the journey in trading, especially if we are still in the process of learning, I think we will have to spend more money, because the risk of losing money will be higher when we are still learning.
but unfortunately it's not enough to just have money, friend, to be a good professional trader you have to have a lot of capital and material knowledge in trading crypto... so, all we have to do is look for strategies on how to trade, how to get lots of profits and avoid significant losses. big.. but a trader must experience ups and downs, sometimes we get profits and sometimes we get losses.. not all traders to become rich have no obstacles, there are definitely obstacles.

28
Cryptocurrency Trading / Re: Sharing what I've experienced and Learned
« on: February 16, 2024, 05:03:54 PM »
sharing information is very important, especially as this information is really needed by the members of this forum... if the topic of discussion is taken from the Bitcointalk forum, maybe it's not enough, especially if the topic is someone else's post, but if the topic is your post, I think it's no problem, just change the topic title a little .. information about crypto developments is very important and really needed by members of this forum.

29
before investing, we have to check the main page of the project and read all the articles in it so that we know how the project will develop or not in the future, we even have to be careful in everything... and we also have to check whether the project equipment is in accordance with other projects being carried out. has developed, don't just invest and not know what the project will create. from all that we will avoid fraudulent projects, because now there are many fraudulent projects.

30
Cryptocurrency Trading / Re: Difference between Trading and Gambling
« on: February 14, 2024, 03:36:21 PM »
Quote
Actually trading and gambling are not the same or anywhere compared to one another, trading is all depends on the experience you have on a particular subject matter and amount of Capital you have to put in though also have his own risk because the more you invest in, the more the risk it carries but that should not stop you from trading just have little knowledge and keep on, because you either loss or you win , while Gambling is more risky and at the same time you earn more, why because gambling is a game of insight thinking where by you don't really know the outcome of the result but your guessing can make you successful in it or even fail and run down to zero unlike Trading that the lost don't come in a time.
I really agree with what you say, friend, there is a very big difference between trading and gambling... if we want to know the difference, try trading crypto, how do we operate and we also do gambling, how do we operate, so that later we will know where the difference is between crypto trading. same with gambling...
Sometimes people only know the theory but don't know how to practice it so they say that the method is the same.

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