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Topics - Rehan Zakir

Pages: [1] 2
1
Cryptocurrency Trading / Stop loss importance
« on: May 03, 2021, 02:45:56 AM »
Got in a discussion with a friend that recently started learning Technical Analysis and then he said he trades without using stop Loss. I told him no good trader trades without stop Loss. I tried to explain to him about the volatility and how trades can go against you especially as a new newbie and you can lose heavily. He seems adamant and I decided to leave him maybe he will learn from his own mistake if it happens. It seems there are also many traders that trade without stop Loss and I wonder how they do it conveniently.

Please share your views on how important stop Loss is and how convenient it can be to trade without stop Loss.

2
There is a chance to have a good outcome or profit to this currency but the problem is until when you can survive the market volatility there are people just a drop of the Bitcoin they immediately sell their funds also there are people who just only hold to the market because they can not escape the entry point they are already losing it just holds or nothing to get profit.

It's better if we might not get attach too much in the bitcoin letting your job just for the bitcoin there is no assurance that all the time we are going to the uptrend.
Now bitcoin price is above 60,000$

What are your comments please share??

3
Bitcoin Forum / ALI BABA buys $20 billion worth bitcoins
« on: May 01, 2021, 01:15:56 PM »
The topic tells about the news.
Ali baba is a very big marketplace where we can buy or sell goods or services from all over the world. A big company is investing in Bitcoin it means that it knows the value of Bitcoin currency. And this news has impacted on the price of bitcoin. Bitcoin price jumps $2k, $3K within one day.


4
DeFi tokens / Good time to buy sushi coin.
« on: April 27, 2021, 08:41:40 AM »
Sushi coin is a good investment coin. Now, it's price is moving around 11$. And it's a best time to buy sushi coin for long term. Because sushiswap market is growing day by day. And it impacts on the price of sushi coin. So, sushi coin can pump up to 2x from this buying zone.
What are your analysis about sushi coin.???

5
Cryptocurrency discussions / Burning coin. Impacts on Price
« on: April 27, 2021, 08:24:23 AM »
The purpose of burn to decrease the total supply but it must be taken from the circulating supply.
The burn must be done from the profit that already received by the company. This is what we have called that as a healthy burn. Some people may think that burn must be done from the pre-mined coin as well.
that's true but the main purpose of burn to decrease the coin on circulating supply and this will make the total supply will decrease.
Please give your comments about burning coins technique.

6
Bitcoin Forum / Fees are so high. what can we do?
« on: April 24, 2021, 12:46:12 PM »
During April, I saw a tremendous increase in bitcoin transaction fee. I think there are enough people who want to make fast transaction that they are willing to pay miner more than usual. Quite a few people seem in a hurry to get their turn for confirmation in the next block, so anyone who wants to send a small transaction has to be patient for a longer turn. I hope the mempool can be cleaned up as soon as possible, but if the panic of trader and investor continues then maybe these expensive fee will last longer.

So, i suggest you if you are a small trader then use other block chains then bitcoin block chains. There are many other block chains that are still very cheap for making transactions.

7
Urdu (Pakistan) / A silent message for everyone
« on: April 24, 2021, 11:50:28 AM »

Assalam o alaikum bhaiyon.
Mere sub bhaiyon se request hai k mask ka istamal zror kare. Corona bht speed se Pakistan mai phail raha hai. Or ye corona ki 3rd wave bht khatarnaak hai. India mai corona se bht halat khrab ho chuke hain. Or death rate b bohat speed se barr raha hai. Or agr hum logon na b ehtiyat na ki tou Pakistan mai b agle 2 se 3 weeks mai halat khrab hone k imkaan hain. Allah pak sub ki hifazat kre Ameen.

8
Bitcoin Forum / Bitcoin bearish season starts
« on: April 22, 2021, 01:42:33 PM »
Buying BTC now is extremly risky.Because Bitcoin breaks all its resistance levels. Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
 Please share your suggestions.
Is i am thinking right or not?

9
Bitcoin Forum / Earning money through Bitcoin in 2021
« on: April 21, 2021, 10:19:50 AM »
There are different works which you can do to get money this 2021 depending on the kind of work you are into or depending on the method that pays you.
There are lot's of people that are into daily trading and is working for them they are making there money there but me personally I don't really like daily trading it those not work for me.
The best way I believe you can use to make money this year is by investment and bounty campaign, me personally the best way I believe I will make money with this year is by investing, there are lots of coins that are still very low for now that you can buy and hold I believe in the next few months you will be in profit already, even bitcoin self the price is still low for now you can still buy and hold for few months and see how you will be in profit. But before buying any coin always make sure you do your research first so that you won't end up buying the wrong coin.

10
There is freedom in decentralisation..
but with freedom comes responsibility

the freedom of self responsibility is a higher burden on you than the captivity of someone taking responsibility for you.
but we all have to grow up and leave the nest at sometime
and leaving the nest can cause harm if you dont learn fast

so.. dont hand money to strangers on the street. hoping you can find them one day and get your funds back
in the digital world. learn who your transacting with. DYOR and only hand funds over if you have enough info about them to slap them with a wet fist/court order if they wrong you.

if you know you cant slap them. then dont expect others to slap them for you. its your money.. it your responsibility.

freedom has consequences

11
Cryptocurrency Trading / Trading tips for begineers
« on: April 21, 2021, 09:26:48 AM »
I recycled around Bitcoin and some handful of good altcoins; I trade with full balance since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

Please share your technique with us.

12
Cryptocurrency discussions / Share your investments coins.
« on: April 20, 2021, 03:16:22 PM »
I am investing my money in these coins. please share your opinions about these coins that are good for investment or not?

EOS
BNB
TRX
Cartesi
Siacoin
XRP
Reef

13
Bitcoin Forum / Pay your rents with Bitcoins.
« on: April 20, 2021, 02:07:52 PM »
A lot of institutions already joined the cryptocyrrency payment method. One of those are the real estate companies. If the real estate owner's agreed to pay the rent with bitcoin or other crypto coin. the more people adopt this kind of payment and more people tend to be conscious about how great this technology be used as convenient and in a way it can be a cashless transaction.

We will see a lot of upcoming adoption like these few years from now.  And as Rick Caruso is a bitcoin investor and is open for crypto payments, it will attract more peoples who are also bitcoin enthusiasts to rent into his real estate property.

Please share your suggestions? Is this a good payment method for paying rents???

14
Cryptocurrency Trading / What is risk management in trading??
« on: April 20, 2021, 01:32:01 PM »
Risk management is more easy to understand if you just explained it in a way about risk management being more into implementing stop/cut-losses and profit taking into every ones plan. Setting up cut-loss points and profit taking points or what others know about entry and exit points is how a normal trader earns money and also reduce/minimize the losses a trader will have if a trade goes wrong. A traders must also know how to be satisfied with their earnings and they need not to be looking back if ever they hold for it for a couple of days. A lot of traders experience this after taking profit yet the value of their crypto keeps going up they need to lose this kind of mindset as they already have a trading plan in action.

Please share your suggestions.

15
Cryptocurrency Trading / Investment vs trading.
« on: April 19, 2021, 07:48:12 AM »
That's a really good info graphics about trading and investing. Both of these ventures are lucrative ways to make money on and off the crypto market even though it's more better in the crypto world since there is plenty of opportunities that abound in the space. I have done both trading and investing activities in crypto and I can't really say which one brings more money since they're both very lucrative. But I do like investing more since I only have to concern myself with project researches and making funds available to invest instead of reading charts and analyzing numerous market data.

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