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Messages - de_prof

Pages: 1 [2] 3 4 ... 104
16
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 02, 2024, 10:18:40 AM »
Yes, professional traders don't have any supernatural powers so they can't guarantee that they won't lose trading. skill is required to be good at trading and professional traders have that skill to make good profit from trading but they cannot guarantee profit for every single trade they make. they also take a lot of losses but they can recover them over a long period of time by adopting various strategies. for this they can claim themselves as professionals.
Professional traders also experience losses and experience many bitter experiences that make them become professional traders. It all takes time. and as you said, a professional trader does not guarantee that they can always make a profit without ever making a loss, but they can increase their profits compared to their losses.
This is absolutely true, because in crypto trading it is sometimes difficult to predict and analyze.  So even though they are professionals, they will definitely experience losses and this can never be avoided.
A professional trader is good at managing their money, if they lose they will chase profits that are bigger than their losses. So the advantage of a professional trader is his ability to analyze, predict, manage funds and also his emotions. This is very difficult and takes a long time.

17
Actually, selling early or still holding it is an investor's decision. If we sell at the price and target that we set when buying, that is already a good step. And it would be a shame if there were regrets due to greed. Because greed is a bad emotion, we have to think rationalistically. In order to be able to invest with good analysis, you don't need to regret it when you sell and the price goes up high. because that is part of the risk and maybe our predictions are not accurate

Selling and holding is the decision of holders and if someone is selling at a lower price then it does not suggest that he will be in loss because we don't know at which price he has bought his coins. Buying price will show about your success so if someone is in fear of losing then he can sell at a lower price but remember that his selling price should always be higher than his buying price.

Once you get profit by selling then be thankful for your earning and if price goes higher after your selling then don't regret it because you will always receive what is in your fate. You should be confident about your decision no matter how high the others get but you should focus on your own target instead of following others.
If we buy during a bearish season and get a bottom, we can sell our coins when we make a profit. Even though people think we sell at a low price, as you said they don't know what price we buy at. and always be grateful for the benefits we get, we enjoy life better if we always feel like we have enough

18
Bitcoin Forum / Re: Is Bitcoin legal?
« on: May 02, 2024, 10:07:31 AM »

Bitcoin has a huge number of transactions per second and block confirmations take slightly longer than other chains. But you can do more safe transactions than other chels like Bsc, Tron, it is better to use Bitcoin through Bitcoin. If you want to do some small transactions, you can choose alternative coins and alternative chains to save transaction fees, such as TRON, BSC, these chains can save both your transaction fees and time. USDT is a stablecoin that carries a dollar value so it cannot be compared to Bitcoin
I more often use the Tron and BSC networks for transactions because the fees are cheaper. Maybe if I were a whale with large enough funds for investment and trading, I would use bitcoin because it is safer, or ethereum too. because gas fees are not a big problem for whales, because the profits are bigger.

19
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 02, 2024, 10:02:52 AM »

A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
You are right, gambling is a game that depends on luck. Different from trading, trading requires experience, analysis and always monitoring the market. If you have good luck, it's best to trade. because this is more realistic.

20
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 02, 2024, 10:00:30 AM »
Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.
The correction is caused by the drop in Bitcoin price. If we analyzed, the correction of Bitcoin is very drastically. It dropped from $70k to $56k (current price). People stated that the drop will continue for the next few months and Bitcoin price is predicted to drop to $40k. This condition surely makes people be panic. I even feel a bit panic as well. However, I think the price may increase again in the end of this year and in the early of 2025.
If anyone predicts Bitcoin will fall to $40K, keep holding Bitcoin and wait. because I believe this is not the end of bitcoin after touching ATH before the halving. Bitcoin prices will rise again later this year. I still believe bitcoin will touch more than $80K

21
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 01, 2024, 02:50:06 PM »
Do professional And experienced traders lose money share your opinion on this
Of course professional traders lose money in their trades. No trader can say that he hasn't lost money in his business so far, it is almost a guarantee that he has lost money when he started his business. I am not a professional trader but I am fairly well connected with trading but from my point of view there is no trader who has not lost because I have lost a lot of money while trading. However, even if there is a loss in spot trading, there is a possibility to recover that loss and if it is connected to the future trading platform, then there is no possibility to recover the loss because if you lose money in the future trading platform, it is lost forever.
Yes, professional traders don't have any supernatural powers so they can't guarantee that they won't lose trading. skill is required to be good at trading and professional traders have that skill to make good profit from trading but they cannot guarantee profit for every single trade they make. they also take a lot of losses but they can recover them over a long period of time by adopting various strategies. for this they can claim themselves as professionals.
Professional traders also experience losses and experience many bitter experiences that make them become professional traders. It all takes time. and as you said, a professional trader does not guarantee that they can always make a profit without ever making a loss, but they can increase their profits compared to their losses.

22
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: May 01, 2024, 02:47:54 PM »
Etherium coins are in a much better position in cryptocurrency.  And one of the most widely known coins is the Ethereum Coin Ethereum Coin The number of investors is huge.  Therefore, BNB coins have already made great strides and BNB coins have taken a huge place in cryptocurrency.

Ethereum platform and BNB platform are the most popular as trusted coins here. If I compare between these two platforms then definitely Ethereum platform is the most popular and old trusted coin. Looking at the coin list, Ethereum is the second coin, and it is also the highest in terms of benefit. The value of this coin will be highest in the future as we are constantly getting updated information about this coin. So I prefer Ethereum coin between these two coins.
If you are considering which one is more popular and always ranks second in CMC, ethereum is the choice. but we also have to consider that BNB also has the advantage of lower gas fees, this is what makes many investors switch to BNB.

23
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 01, 2024, 02:43:33 PM »
I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.

Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random
A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader

24
Ethereum Forum / Re: ETH predictions of next week.
« on: May 01, 2024, 02:32:24 PM »
As the king and pioneer of crypto currency, Bitcoin has always been compared to altcoins. If the price of bitcoin rises, the price of altcoins will also rise. We all always look at bitcoin first in the market, then look at altcoins. because bitcoin is the center of crypto
It's true, the price of Ethereum depends on Bitcoin price movements, therefore, even if there is good news that aims to increase the price of Ethereum, it will be difficult if Bitcoin is hit by bad news that causes chaos in the market.
Yes, that is the reality in the crypto world. almost all coins will depend on the performance of bitcoin, when the price of bitcoin falls no matter how good the news about ethereum does not make the price of ethereum soar. because there is fear from investors there.
Bitcoin is the King of crypto, so it is natural that bitcoin movements will influence the price of other coins. Let's just see, when the price of Bitcoin fell, almost all coin prices also experienced a sharp decline. but this is still a correction so keep holding and hold until next year

25
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 01, 2024, 02:29:20 PM »

It is always good to invest especially we all knew what Bitcoin will bring us in the future or even in the 4 year cycle since we are expecting bullrun in this cycle. If we try to look at the year timeframe on the chart Bitcoins price still continue to rally regardless of negative events or news but yeah correction is just natural to Bitcoin so we should anticipate.
Currently there is a correction and we see that almost all coins have experienced a decline in price.
If you look at the graph from the beginning of the year until now, the Bitcoin price has indeed strengthened, but the current correction has also made many people panic and ask whether the bearish season has begun.

26
I do it all, dozens of news stories I read every day to listen to what's happening in the crypto world.
This is included in the Fundamentals that will have an effect on the state of the crypto price.
Technical Analysis is also supported by Fundamentals.

If you read the news every day and see where the market is moving, then of course you are doing everything right, but I have one question, are you doing this for the sake of what kind of money is right or the ratio of time and money is it worth spending so much time on investments, let’s say up to thousands of dollars Personally, I I wouldn’t if the conversation is about small money.
In fact, those who are always looking for news to consume daily are traders and short-term investments. because those who hold for the long term are not really affected by the existing news. So it's not the amount of assets but the purpose of the investment. short or long term, that's the consideration

27
In essence, investment takes time and cannot be done instantly.
It takes research and purchases gradually to accumulate more and more assets.

But sales can be done at a predetermined price target, as long as there is no need to panic and everything will go well.
No investment will generate thousands of dollars in an instant, it also depends on how much investment capital is used.
Research and analysis is the most appropriate way to do before investing. because we have to understand the coins and projects we are going to buy. Panic will always bring losses, because we cannot think rationally when we panic
In everything that will be done, of course, it needs to be taken into account, as well as the investment in the project or coin that will be invested in. I really agree to always carry out research and analysis as best as possible before placing the funds that we will invest in, because if we analyze incorrectly, it is possible that the funds we use will be lost due to losses.
Apart from doing analysis first before investing, we also have to have a plan. Where we have to determine the sales target for the coins we buy, and do it according to the plan to avoid greed. There are lots of good coins on BSC, we can choose coins that we think have potential. and the key is to carry out analysis and be careful so that there are no losses that make our capital run out

28


Any investment is freedom, but you shouldn’t forget that (what kind of freedom?) if for this you have to work for decades and buy Bitcoin, then I don’t think that this is the right decision, I think that if you have little money, then you only need to invest in your training and not in Bitcoin, investing in Bitcoin is better left to people who are already firmly on their own two feet.
Anyone can invest in Bitcoin if they have the capital to do so, if they want to learn and try investing with capital from bounties and airdrops, that is also a good step. and freedom also does not mean for those who can stand strong on their own, but those who want to be better for their economy can also invest here
There is no discrimination in being able to invest in Bitcoin. Anyone who has more funds can do that if they are interested, so there are no restrictions for certain people.
I agree that if you really want to learn how to make initial investments, it can be from capital obtained from airdrops or bounties, so that there is no fear of losing, because the capital comes from prize money.
Indeed, it would be better if you invest using funds that are not connected to your daily needs, aka extra funds, not precisely the funds needed for your needs. It will be detrimental if you make a mistake in your analysis.
Analysis is always the main key in investing, because analysis errors will make us lose. Investing using prize funds from bounties and airdrops is also a good step because we don't need to use money from our salary in the real world, because our living needs are also high, unless they are rich people who have more funds.

29
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: April 30, 2024, 01:10:22 AM »
       -   Honestly speaking, I did some research on old coins, and I discovered that most of the old coins started when the intensity of the hype that they did before and the others that became their ATH was too much when they started to enter the crypto space, then when there was a massive drop in price and they were no longer able to reach or surpass their previous ATHs.

Although others continued to raise their tokens as time went by, others remained stagnant because they didn't do any innovation with their tokens, unlike ETH, which, even though it took a long time, the innovation was continuous.
You are right, many coins, as you mentioned, experience hype and touch ATH and then find it difficult to touch ATH again. but if their team consistently improves by having a marketing team for good promotions, the coin will become hype again and reach ATH, and also improvements to the project must be carried out regularly so that users don't abandon it.

30
Cryptocurrency Trading / Re: HODLing Altcoins
« on: April 30, 2024, 01:06:01 AM »
I am partially agree with you not full agree, because you told end of the day result will zero, we kno huge altcoin available in cryptocurrency. But all are not fake or bad. Some altcoin are good and thats are creat It's position on cryptocurrency market.
So i think hold altcoin will not bad.. But for holding at first we need huge research.
Got more bad experienced when holding many fake altcoin and finally become scam give me reason be careful when holding altcoin, better learn firstly with how strong fundamental with some altcoin and their community will exist for longer time and potential price increasing every year?
I found many altcoin difficult wake up to higher price and give bad experience for holder loss much money with altcoin investment, easily altcoin listing on many market every day give us more careful when investing in altcoin without make any research yet.

At least from your experience, that wasn't good, and I'm sure you learned a lot about it. The bad thing is that we didn't learn anything from our bad experiences, right? That's really how we always learn from our mistakes.

This is what sharpens us so that we can be even more intelligent in buying potential altcoins in this field. So, the majority of what we buy should always be on the top listing in the market, listed on well-known exchanges, and have a good amount of market capital and daily volume in the market as well.
Yes, at least we must always learn from bad experiences and try to understand mistakes by learning to analyze better so that the same mistakes don't happen. Because with the experience we gain, we will be more careful.
What you mentioned earlier, if the coins you own are always listed above and listed on a well-known exchange, of course they are potential and safe kij coins to invest in.

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