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Messages - emmybd

Pages: [1] 2 3 ... 6
1
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: Today at 03:10:08 PM »
Anonymity is good for the general people even though there is a risk of misuse, but it is bad for the governments. Generally, governments all over the world want to tax everything. They don't want anything is hidden from them because they get a good amount of tax from its peoples resources.

2
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: Today at 11:47:24 AM »
If we andlyze the growth of Bitcoin over the past few years, despite occasional hiccups it did maintain a steady growth. So it is highly likely that it will touch around 100k. If the current financial situation declines even further then the price may come down less than 50k again.

3
Cryptocurrency Trading / Re: Don't be in a Rush
« on: Today at 05:58:25 AM »
Well trading requires knowledge and skill. At first it is important to acquire knowledge. Some newbie tràders jump into trading without any prior knowledge. The main purpose is to get rich quickly. Seeing others some even go for futures tràding, they end up losing all their funds eventually. So one should not rush into trading.

4
There are plenty of casino online games one can play to pass time. But I seriously doubt that one can earn money from here. The house always wins. One would lose more than earn. I do play these games for pass time but do not take it seriously to earn money.

5
Well, trading can go either way. If you have gathered sufficient knowledge and experience then it can be beneficial for you. If you start trading without getting enough knowledge then it can be dangerous for you. You can lose all your funds. Another important thing is greed it gets many traders down in the long run.

6
For an experienced trader, scalping is a very good way to make some money. In futures trading scalping is a very way if you can control your greed. But it is not for beginner. It is very risky. Professional traders open many orders at the same time some for short-term and others for long duration.

7
Cryptocurrency Trading / Re: Opt for the safest exchange?
« on: April 29, 2024, 10:30:45 AM »
I have been using binance for quite a long time and it has been dominating as one of the leading exchanges. I believe most of the traders first choice is binance because of its easy user interface. I have also been using kucoin and it is also good.

8
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: April 29, 2024, 04:10:07 AM »
Besides traditional ways of investment, Bitcoin is an alternative way of investment and make a good profit. A few years back people only had traditional ways and they did not have many options. But today cryptocurrency is another viable way of investment and make money. Bitcoin is the main crypto and it had maintained a good growth over the past few years compared to other options. So holding Bitcoin will be a good way to maximize profit in the long run.

9
A couple of years ago, for forex trading I did use demo account and it helped me to understand how trading works. But live trading is completely different thing. I recommend start live trading with a small amount if things go wrong it would not hurt you much.

10
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
The simple way to do is  check top 10 in coinmarketcap. These coins would be safer for investment compared to others. One can also research on his own on various coins before going for investment. But be careful in investing new coins.

11
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: April 27, 2024, 08:46:52 PM »
Trading and gambling are totally two different things. Gambling is a lucky thing, if you make a wrong move you would lose all your assets. In trading, if you make a wrong move, you can sell any time and save much of your funds.

12
Gambling discussion / Re: offline and online gambling which is best?
« on: April 27, 2024, 04:34:49 PM »
It is an individual choice. Some people do prefer physical gambling casinos. These casinos have been around for a long time and environment is also different. You can meet people and make a lot of friends. Online gambling has been very popular, as you can gamble right from your home, without letting anyone know about it. In many countries gambling is not allowed where online gambling is the only option people have.

13
General Discussion / Re: Why is my life so sad? What should I do?
« on: April 27, 2024, 12:16:15 PM »
We all have got problems in our life. Despite all these problems we have to try to be happy. If your expectations are too high then you would feel sad if you can not fullfil those. So content with whatever you have and be happy.

14
Cryptocurrency Trading / Re: Simple practices to improve trading.
« on: April 27, 2024, 04:35:07 AM »
Some simple practices can help a newbie trader to quickly improve on his/her trading skills. some of these practices are very simple, can be done alone or best with another newbie trader who wants to become an expert trader. Some of these practices that I have observed are;

- Practice demo trading, although not all traders started with Demo trading because some traders actually could handle the risk of loosing.
Well, you are right. Demo trading is a good way to practice trading and gain experience especially for newbies. Without knowing about trading and you start it then you are more likely to suffer losses. Some people do trade without gaining experience. Maybe they can afford to loose.

15
Cryptocurrency Trading / Re: Fear or greed
« on: April 26, 2024, 09:18:46 PM »
I believe greed is more dangerous and more harmful in the long run. After gaining profit 100% or more one would always like to double his profits. In this way one ends losing all his assets in the end. A lot of traders can not get out of this cycle and end up losing all eventually.

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