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Topics - zorchy

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46

I hope everyone is good. Today, I will present you top 5 mistakes which are usually do a beginner. I understand these topics from Youtube and like to share it with you. So that no one else will make such a mistake in future.

So let's start♥

1/ 😟 Wrong Investment Strategies 😟

👉 People invest into cryptocurrencies by borrowing money from relatives and panic sell whenever price falls to cut their losses.

👉 People invest big at a very early stage without getting a better understanding of the market.

👉 Invest on shitty coins.

2/ 😟 Improper knowledge 😟

👉 The most common mistake that people do is that they get involved into the crypto currency by a MLM trader.

👉 They invest big without knowing exactly how crypto currency works.

👉 People who get into crypto often don't do proper research before investigating into an Coin or into an ICO.They don't read the "White Paper" of the coin.They don't research about the technology and the team.

👉 People also don't keep them upto date by the latest news and because of this they often miss out the profit opportunities as well as incu huge loses.

3/ 😟 No understanding of price fluctuation 😟

👉 I have seen people getting into cryptocurrencies when it's on a rise and every coin in the market on bull run.

👉 People don't have a holding power.

👉 Fails to understand that crypto currency price also has a tendency to fall.

4/ 😟 Day trading and FUDS 😟

👉 Another common mistakes beginnings do is that they get effected by the FUD's very easily and quickly and therefore sell their coins.

👉 Another mistake what people do is that they join pump and dump groups on Facebook and whatsapp and other social media sites and follow them blindly without DYOR.

👉 Start "Day Trading" which can be very risky if you are a beginner.

5/ 😟 Security risk 😟

👉 Keep all of their long-term #HOLD coins on different exchanges instead if keeping them into digital wallets.

👉 This often pose a serious threat of losing their coin hacking or malfunctioning.

👉 Don't activate 2FA security.

👉 Instead of writing down the key phrases and passwords on a piece of paper they memorize it and often forget their passwords.

Thank you very much everyone 😉

47
I am wondering how these guys operate, how much margin they work on, what kind of funding it takes to try your hand at it, is it viable business model, is it possible for a newbie like me to start learning now. I have seen some bots out there, can anyone point me to best/decent bot and if there is any simulation environment for practice. Any help with this is appreciated. Would like to get some links or books for further reading. Thanks.

48
Hello Friends...

This is Newbie Here. I Just want to invest in Digital Currency. Anyone suggest me which is the best platform for long-term investment? How can I Invest Online?

49
Cryptocurrency Trading / Where do you sell coins ?
« on: October 13, 2018, 12:26:20 PM »
Where do you sell your coins? I use a Swedish Exchange to BUY coins, but they don't take sell orders lol.
thought it would be good to know a few sites if the big day to sell comes hehe.

50
Cryptocurrency Trading / How important is the mentor?
« on: October 13, 2018, 12:23:48 PM »
Hello guys,

I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.

51
Cryptocurrency Trading / Be careful with fake exchanges
« on: October 13, 2018, 12:11:43 PM »
For those of you traders, please be careful with fake exchanges, because I found a VERY SAME exchange that makes no difference at all like the exchange on EtherDelta, the fake exchange link that I saw I got from my Gmail inbox, which message it was contains about giving tokens like AIRDROP, and there I am given a registration form link and in the form there is a fake EtherDelta link, and this is the link http://EtherDelta.website, and this is the original EtherDelta link https://etherdelta.com/. There is no difference at all in the two exchanges, the images, features and others are exactly the same, so please be careful.

Secure your private key, secure your wallet, do not easily believe things that invite you to get rich instantly, do not easily trust advertisements, because crime is not just at one door, who knows there are many other fake exchanges, therefore be careful.

52
Cryptocurrency Trading / What should I learn to be a professional trader?
« on: October 13, 2018, 12:08:46 PM »
I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn

53
Cryptocurrency Trading / Will the bull run return this December?
« on: October 12, 2018, 03:40:36 AM »
Last year we had a great run. Despite the downs in the beginning of this year, I still believed that by the starting of October, the will be a good run, but I don't see anything of significant improvement. What do you guys think?

54
Cryptocurrency Trading / Which strategy do you have for taking profits?
« on: October 12, 2018, 03:38:16 AM »
When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

55
Hello traders!


I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders?  And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes? 


Can you share your thoughts and experiences about tradings.



Thank you in advance.

56
I've no access to Coinbase, so I'm looking for a simple app that will help me to exchange my crypto salary to my card or bank account.

I believe we have so many people there so smb knows the solution and can share it. Thanks!

57
Hey,
I'm just starting to learn the fundamentals and about all the analytical tools available.
Such as: MACD, Momentum, OBV, RSI

I recently stumbled onto a page on Investopedia which was highly critical of the MACD saying it was too slow and inaccurate. It instead proposed a different set of skills such as; analysing candles to be better.

It promoted these 3 things
1. The trendline
2. The pivot point
3. The candlestick

and said these 5 things won't be needed:
1. Moving averages
2. MACD
3. Stochastics
4. Parabolic SARs
5. Bollinger Bands

----------------

This has confused me. Now I don't know what to think..
What do you think about the information above? Are they mutually exclusive or can they be used in conjunction?
Also, which do you prefer? I don't have enough experience or knowledge to weigh in on this.
Here's the article if you're interested:
https://www.investopedia.com/articles/trading/06/againstmacd.asp

P.S - I looked back on a daily chart to before the 2017 bull-run and couldn't find a single hammer candle. (do they exist in crypto??)

Cheers,
G

58
Bitcoin Forum / Do you think that the price is fully manipulated?
« on: October 12, 2018, 03:30:38 AM »
I think that it was really strange that in January when BTC went down all big cryptocurrency exchanges closed registration for new members and they opened it only when the price was low. Then at spring when the downtrend was broken(7000$) there were many news that cryptocurrency now will go up! But whales just made big shorts at 10 000 $and all the news said that cryptocurrency won't go up for along time and market went down to current position.

59
Bitcoin Forum / Are you now afraid to save bitcoin until December 2018
« on: October 12, 2018, 03:28:54 AM »
I saw a lot of news in the media about the price of bitcoin.
and they predict bitcoin can go to the month again in December 2018
and there are some media that say the price of bitcoin will go down and this news makes investors afraid to buy bitcoin.


do you believe the price of bitcoin will rise?
or believe the price of bitcoin will drop!

60
Cryptocurrency Trading / Day trade Vs HODL
« on: October 12, 2018, 03:25:02 AM »
What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner

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