Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Franklin Roosevelt on November 20, 2023, 11:14:54 AM
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Testing the crypto knowledge of the traders
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Testing the crypto knowledge of the traders
The title of your post is one and your question is another.First decide what you want to know or understand.
I think all traders knowledge is not equal or same.Suppose if you want to buy and trade any coin then it is very important for you to acquire knowledge about trading.There are different types of trade like spot trading binary trade, forex trading, future trade.
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Testing the crypto knowledge of the traders
I don't where exactly your post is heading to but are you an expert in trading and you wish to test the knowledge of other traders here? Or you want to learn about trading? When next you are posting, please make your post understandable to the readers so you can get necessary responses.
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Testing the crypto knowledge of the traders
Be descriptive in your contents, you are testing traders on poll or what kind of knowledge are you suggesting ,a crafty or a trading knowledge and I don't think you really made or compose a good content for this thread. All I'm saying is you could be more descriptive in your posts and I hope you reduce such posts :P
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First of all, dude who made this topic, the discussion you made in this section is a mess. I'm sorry. Because you don't clarify what you want to say, are you buying bitcoins for what? Because what you want to convey and make us understand is that in these times, are there still people using Bitcoin to pay for what they want to buy?
If this is really what you want to convey, it is not practical, and you are just wasting Bitcoin when you use it to pay, which means the value of Bitcoin is worthless to you. Especially now that the bitcoin halving and bull run are coming up, it's tempting to spend it. Unless it's for an emergency purpose, that's fine.
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In my opinion, for Bitcoin this is not the time for holding but for trading. In which you can get profit. but carefully
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If this is really what you want to convey, it is not practical, and you are just wasting Bitcoin when you use it to pay, which means the value of Bitcoin is worthless to you. Especially now that the bitcoin halving and bull run are coming up, it's tempting to spend it. Unless it's for an emergency purpose, that's fine.
It might still be tradable for business who support lightning nodes and trading could be done easily just scanning qr codes but I will advice using Bitcoin to trade for lower price commodities maybe in Sats for atleast $5 goods so its just little out of the Bitcoin been traded . However at this moment we need to accumulate as many as possible of Bitcoin as we are already experiencing some pumps. 8)
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Basically if you want to gain knowledge about trading then you must consult a successful trader. Trading is not so easy if you are new then surely you will face losses when you start trading in the market. And if you trade and invest without understanding, both have the fear of losing money and are always risky. But if you want to hold for long term then definitely buy bitcoin and hold it for long time but you can make money at one time no risk here.
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crypto knowledge involves assessing their understanding of various cryptocurrencies, market trends, and trading strategies. It helps gauge their proficiency in navigating the dynamic crypto landscape.
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I also don't know what you want, maybe you want to ask friends in this forum for their experience in trading, what is everyone's experience in trading... in trading we must have more knowledge and have a trading community, so in trading we will find out what It's called profit and loss. There we will get the results of what we have done while trading.
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I don't really understand your question but I think bitcoin is still fluctuating for now so I don't think this is the right time to buy bitcoin but if you wishes to buy now, all I could say to you is trend with caution.
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Testing the crypto knowledge of the traders
Buying Bitcoin means that we are ready for all the risks involved. Bitcoin is the first crypto that must be owned. Indeed, it largely increases profits, so you can do it for the long term or for regular trading. Bitcoin is indeed profitable, but on the other hand it is risky. So before and after buying Bitcoin, it would be much better to use it as a holding if we are still unable to trade. And Bitcoin is an extraordinary thing for long term investment in this modern era.
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In my opinion, for Bitcoin this is not the time for holding but for trading. In which you can get profit. but carefully
Bitcoin investors basically get the benefits by saving in two ways, one is long-term investment and short-term investment. But I prefer long-term investment the most, in this investment the risk is very low, the probability of loss is low and the profit is high.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
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Testing the crypto knowledge of the traders
Well, Bitcoin buying involved buying and selling same as trade. Bitcoin buy is a very important aspect when it comes to HODL" hold on for dear life? This is where you intend to make profit for holding Bitcoin for a long term investment on inflation goals. Bitcoin it self is a crypto currency that is well know and use my many people and country , Bitcoin buying involved the p2p method on binance and other exchange platforms. You can also make profit from Bitcoin buy and sell high rate, with the way Bitcoin is going now HODL is the best way to go about it.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
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I think you want to test the knowledge of traders in case of buying bitcoin so I will say that everyone don't want to trade bitcoin but most of the people will want to hold it because holding will minimize the chances to loss money but trading will make you conscious about your decision and you will regularly check the market price may be after each hour.
Trading bitcoin is little bit risky so why you are putting yourself at risk if there is present a better way to invest in bitcoin to enhance your success and reduce the related hazards. Holding of bitcoin up to the timing of halving is necessary for those who already have bitcoin in their wallet so don't sell it yet as now it is not an appropriate timing of selling.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
The laughable thing that whenever theres such correction, they would really be in panic and on the time that the market would really be pumping then this is the time that they would really be considering on buying on which it is really just that truly a magnificient kind of act on which it is really just that totally opposite on which they should have consider on buying when the market is really that crashing. Now that the price is really that going down or have that correction then it would really be always wise that you should really be taking up the bottom position,
but well we do have those main questions on what if the price would really be going down even more?
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Considering the drop we have right now, I think it would be the smartest decision would be to buy it. I get that not everyone feels the same way, but that doesn't mean that we are not going to get anything profitable out of this neither. We should consider the situation to be as good as it gets and this will definitely be something we could all be happy about. Just because there are corrections along the way, doesn't mean that we are not going to get the most out of it, we will definitely do as well as we hope for. So we should definitely get in right now when its at the prime period, that will be the best decision for sure.
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Considering the drop we have right now, I think it would be the smartest decision would be to buy it. I get that not everyone feels the same way, but that doesn't mean that we are not going to get anything profitable out of this neither.
Yes, when the market correction is like this, this is a pretty good time to buy BTC again, for accumulation. Yes, it won't be that easy to accept Bitcoin's price drop. However, we are aware and fully understand that there will definitely be a decline in the price of BTC after this very drastic increase. So, it's natural for any correction.
And it's like that, in this case, there will actually be more opportunities to accumulate BTC again. Wouldn't we feel happy because the price is more affordable than a few days ago, right?
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Yes, when the market correction is like this, this is a pretty good time to buy BTC again, for accumulation. Yes, it won't be that easy to accept Bitcoin's price drop. However, we are aware and fully understand that there will definitely be a decline in the price of BTC after this very drastic increase. So, it's natural for any correction.
And it's like that, in this case, there will actually be more opportunities to accumulate BTC again. Wouldn't we feel happy because the price is more affordable than a few days ago, right?
We as traders have to take advantage of a very good situation like this because the price of Bitcoin is collapsing like this. Yes, as you have said, this cycle has become a normal situation; when the price rises, then the price will fall, whereas if the price falls, then the price will rise next. .
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Considering the drop we have right now, I think it would be the smartest decision would be to buy it. I get that not everyone feels the same way, but that doesn't mean that we are not going to get anything profitable out of this neither. We should consider the situation to be as good as it gets and this will definitely be something we could all be happy about. Just because there are corrections along the way, doesn't mean that we are not going to get the most out of it, we will definitely do as well as we hope for. So we should definitely get in right now when its at the prime period, that will be the best decision for sure.
Bitcoin price has bounced back from the highs and is now relatively well down from the highs. In the current state of the market, the market will definitely try to create a good support, but if instead of creating a good support, the market gets a barrier and goes down again, but it is difficult to say exactly which direction the market will go. However, as the market is trying to build a support, investments can now be made but for a short period of time. If you can invest for a short period of time with a relatively small amount of money, then you have to sell the investment according to the next movement of the market, and after checking how the market will go, then you can invest with a larger amount of money for long-term purposes.
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Testing the crypto knowledge of the traders
I can't say exactly what you asked here, if you could have asked the question properly, maybe I could have answered your question properly. But with the crypto knowledge test for traders, you might have meant that trading platforms should always be acquired knowledge and trading should be done with experience. But yes every trader should have crypto knowledge if a man doesn't have crypto knowledge he can never make money from trading. But I am pointing out one thing of trading strategy that if a trader follows he will be successful in the trading platform is not to be too greedy. If more greed can be eliminated in the trading platform then success can be achieved from the trading platform.
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First of all, I was shocked that there is no enough information in the Op's post. But I understand when I saw the poll above.
In my opinion, none of them can finally give value to Bitcoin because there's no good reason for investors to buy Bitcoin. Considering what I have remembered, there was a site that can be used by rich people around the world but there's a blockade of their cards, and then Bitcoin came to solve this kind of issues. So I think investors see its benefits that why they decided to buy Bitcoin.
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This is quite an old topic no?
Anyway, technically you can trade anything as long as both parties accept the conditions given so if it's about price, then definitely it should be agreed upon. For the part of different items, like the one on the first post, tacos, pizzas, etc. It can be whatever the buyer/seller agrees upon. It's just I think.
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In my opinion, for Bitcoin this is not the time for holding but for trading. In which you can get profit. but carefully
You are right buying Bitcoin now and HODL will only bring lose at this time. For you to earn on Bitcoin this period is by trading there are many platforms you can use with lot's of advantages.
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When you want to buy something, especially in the crypto market, there are several things you need to know. It's not just a few coins that have started to increase. However, we also have to be aware of this increase, whether the increase is continuous or only temporary,
In crypto investment, when someone invests, what we can do is not simply let them know everything. Then for what? Yes, by being careful in owning the clans that you are targeting..
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This is quite an old topic no?
Anyway, technically you can trade anything as long as both parties accept the conditions given so if it's about price, then definitely it should be agreed upon. For the part of different items, like the one on the first post, tacos, pizzas, etc. It can be whatever the buyer/seller agrees upon. It's just I think.
It's true, an agreement must be made between the buyer and the seller, as long as the buyer understands how to use bitcoin then it's not a problem, but if the seller doesn't understand it will make them lose money and be more likely to refuse payments using bitcoin, so the use of bitcoin is still said to be very limited because there are still many people who don't know about it.
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It's true, an agreement must be made between the buyer and the seller, as long as the buyer understands how to use bitcoin then it's not a problem, but if the seller doesn't understand it will make them lose money and be more likely to refuse payments using bitcoin, so the use of bitcoin is still said to be very limited because there are still many people who don't know about it.
To be honest, there are many people who already understand Bitcoin, but they prefer not to use Bitcoin as a legal payment unless it is an alternative payment, which may be forced to use Bitcoin, because as you already know, using Bitcoin carries the risk of unstable price movements and this is which is why until now there are still few people using bitcoin.
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Testing the crypto knowledge of the traders
Many traders are doing trading activities that are not just focused on Bitcoin. If you are one of the traders in this field of cryptocurrency and you believe in Bitcoin, I suggest you don't wait for when 100k$ will be a bitcoin; instead, do it now.
Well, decide now. Op, don't try, but do it now. Why would you wait for what others have to say when you know for yourself that a coin or crypto that you know has real potential?
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
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That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
Which one is copy and pasting in trading? I guess you are referring to mirror or copy trading. What most traders referred to as copy trading that your trades will be executed automatically as the trader you are copying is trading, that is mirror trading. But if you are doing it automatically by following the work of other traders, that is copy trading. Also what you referred to as trick are commonly referred to as trading strategies.
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crypto knowledge involves assessing their understanding of various cryptocurrencies, market trends, and trading strategies. It helps gauge their proficiency in navigating the dynamic crypto landscape.
The topic of Bitcoin is broad; when it is discussed, other cryptocurrencies are also connected to it, for sure. There is nothing wrong with buying Bitcoin, and there is nothing wrong with wanting to buy cryptocurrency. Just take the consequences of whatever you want to buy.
There are many people who believe in Bitcoin, and I am one of those who believe in it. That's why, right now, it's not my priority to save it because I have a goal to get it, and I find it better to save in cryptocurrency because it's quite realistic to want if it happens.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
Copy trade does not work for everyone like that as you have thought, fir a person like me, i don't do such, instead i go on my own and make trades from what i wanted to buy and sell without receiving signal or strategies from anyone, except for the indications we all have been used to from the market price chart, then i do the normal speculations before making my own buy on a digital asset like bitcoin.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
Copy trade does not work for everyone like that as you have thought, fir a person like me, i don't do such, instead i go on my own and make trades from what i wanted to buy and sell without receiving signal or strategies from anyone, except for the indications we all have been used to from the market price chart, then i do the normal speculations before making my own buy on a digital asset like bitcoin.
I make my moves in trading well, without the need to follow the opinions of others, but it is interesting, I don't know if I will ever do it, the bad thing is that the things that are copied would not feel good to me, because it lacks originality for me, if I win then Joy is something that yes, it feels like you earn money, but it's like incomplete because you don't earn it by your own knowledge, so there are signs that I've started to see out there and I don't understand how they come to those conclusions, that type of signals, I think maybe it's because I'm very focused on medium or long-term trading, that's what really hurts me, but it's something that gets better over time, I think I have to learn a lot more about some things, especially futures trading, it is something that I must learn as soon as possible, I have seen that many people win big, but of course, they risk big.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
Copy trade does not work for everyone like that as you have thought, fir a person like me, i don't do such, instead i go on my own and make trades from what i wanted to buy and sell without receiving signal or strategies from anyone, except for the indications we all have been used to from the market price chart, then i do the normal speculations before making my own buy on a digital asset like bitcoin.
Copy trading will not make you make you learn and have your own trading strategy, it will not also making you improve your trading skills, because you depend on people to trade. I don't like it because if the person run at loss, you are also in loss. To me it is like you are gambling for doing what you depend on others with your funds. I prefer to have my own strategy when trading.
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Many traders are doing trading activities that are not just focused on Bitcoin. If you are one of the traders in this field of cryptocurrency and you believe in Bitcoin, I suggest you don't wait for when 100k$ will be a bitcoin; instead, do it now.
Well, decide now. Op, don't try, but do it now. Why would you wait for what others have to say when you know for yourself that a coin or crypto that you know has real potential?
Nobody can force others to do trading and investment until a person show his own interest so I think buying at higher price will not give you anything without loss so if one have to invest then try it now because more higher price will come and then you will just wait for dip again so if an opportunity is here then why are you missing this chance?
Holding of potential coins will just make you profitable but if you do investment on right time as every time is not suitable for investment. Diversification in different coins that have potential to grow will also bring better outcomes but try to investigate well and choose lower worth for putting your money.
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A trader starts trading bitcoins by acquiring proper knowledge about bitcoins. Being a proper trader is not only about acquiring the right knowledge about Bitcoin, but also about the various exchanges and researching whether the coin's price is going up or down. Bitcoin trading has to be done following the correct concept otherwise the chances of loss are high.
Not all traders are able to trade on Bitcoin well, they have to control very high levels of patience to make a profit because no one knows where Bitcoin price movements will go. As is happening now, the price has collapsed and made many traders panic. Yes, you correctly understand that the losses that might occur must also be considered carefully.
That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
Copy trade does not work for everyone like that as you have thought, fir a person like me, i don't do such, instead i go on my own and make trades from what i wanted to buy and sell without receiving signal or strategies from anyone, except for the indications we all have been used to from the market price chart, then i do the normal speculations before making my own buy on a digital asset like bitcoin.
I think copy trading is definitely beneficial for investors who don't know about trading or don't have enough knowledge to trade. Especially those who are new in the world of trading, if they want to trade, then they can do copy trading by finding a good trader. By copy trading a new trader will not only make profit or loss but he can gain good knowledge about trading by following a good trader. But for those who are experts again, copy trading will often backfire. Because if they can search well with their knowledge then it is better to trade with their own wisdom than someone who is copied.
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That's right, in fact everyone has their own tricks in trading, although some suggest copying and pasting existing trades, many people research their own trading.
Although a lot of people don't understand this, it is better if they focus on learning everything themselves instead of relying on other people whether they are doing copy trading or basing their trades on signals provided by the so-called experts sitting in Telegram groups charging $20 a month for providing signals that even a newbie with a little knowledge about the market can create.
Services like these are not reliable for the long term even if they tend to be profitable for the short term. What if there are no such services available anymore in the future? What if you have to make your trades manually as a trader in the future? So, it is much better if people focus on improving their trading skills instead of relying on such things.