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Messages - milewilda

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Cryptocurrency Trading / Re: Any essence of using too many indicators?

« on: June 05, 2024, 07:25:45 PM »

Quote from: SmartGold01 on June 05, 2024, 09:32:32 AM

I want to know if becoming a successful trader requires one to have many too indicators on their trading interface although I am not too dip into trading rather belongs to hodling.
I actually want to start trying other things possible to keep oneself afloat while the main goal is being achieved.

Please give your views.

Its not really that bad to have multiple indicators as long it would really be that helpful into your trading and since you could really be able to read it up then it wont really be that much of an issue.
For me it would really be just that enough on having 3-4 indicators or even 3 would suffice. MACD, RSI and support resistance would really be just that enough.
The important thing on here is that you should really know on what you are doing and able to read up and act accordingly if you see those opportunities.

Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???

« on: June 05, 2024, 07:07:51 PM »

Quote from: armanda90 on June 05, 2024, 06:26:59 PM

Quote from: dekafee79 on June 05, 2024, 03:48:20 PM
Choosing old or new coins depends on our ability to do research and make predictions. because new coins can also generate bigger profits if we can choose a good coin or project, even though most investors are more confident if they invest in old coins. That's because they don't dare to take bigger risks.
Some old coins can't be guarantee with potential increasing to higher price in the future, need to make research and most important with how much transaction trading volume in daily day for old coins before priority become assets for long term holding.
WAVES is old coins but today have been delist from Binance and price drop significant, not all old coins is worth for investing and holding for long term because most of old coins get decreasing volume transaction make delisting on top exchange market, not bad ideas for investing in new coins actually with short term trading option.

There's no guarantee on sticking ou on OLD coins. Lets put up some example on this one.

Binance to Delist WAVES, XEM, OMG, WNXM – Buy The Dip Or Will Crypto Prices Crash More?
https://readwrite.com/binance-to-delist-waves-xem-omg-wnxm-buy-the-dip-or-will-crypto-prices-crash-more/

If you've been here on this market since 2017 then we do know on how these old coins been that the main talk in town
or having that huge support on the community but it seems that they arent that getting much volume which is evident considering
that it gets delisted.

Cryptocurrency Price Speculations / Re: Why is Ethereum price action still influenced by BTC even after decoupling?

« on: June 04, 2024, 08:14:58 PM »

Quote from: vegasus on May 30, 2024, 11:18:26 PM

Quote from: Maxcryptic on May 18, 2024, 08:44:54 AM
My thought after decoupling was that ETH will fly solo impacted by it's utility and the general market sentiment largely influence by BTC.
The was expected to be a game changer but i think we seeing the opposite or perhaps there some info i am mising?
One of the reasons why Ethereum has always followed Bitcoin's performance so far is because of market sentiment. Historically, the price of Ethereum will also follow the price movements of Bitcoin, for a long time, because they have a strong correlation in the market and also the sentiment of its investors. Let's just analyze it, every time Bitcoin goes up, ETH will also follow, and so is the case, when Bitcoin suddenly drops drastically, then so will Ethereum. Both of them are cryptocurrencies that are quite close and full of investor sentiment in the market, which has a strong correlation with each other.

Read this:
https://www.fool.com/investing/2024/05/25/will-ethereum-soarsoar-116-in-2024/

Anything below Bitcoin or shall we say all of those coins underneath would really be having that kind of alignment or something that they do depend on Bitcoins trend on the market.
Yes, these coins could really stand on their own basing up on the utility or whatever that it do offers, but we do know that they would really be just that always behind on Bitcoin when it comes to market condition and trend. If it turns out to be bearish then majority of coins would be falling next in line and this has been always the condition that we are really that seeing in the market.

Cryptocurrency Trading / Re: Do professional traders lose money?

« on: June 04, 2024, 07:49:59 PM »

Quote from: jeraldskie11 on June 04, 2024, 05:35:31 PM

Quote from: $crypto$ on June 04, 2024, 04:04:20 PM
There will definitely always be an opportunity for us to start a good entry, it's just that it requires patience because the analysis we will carry out won't take a while. In the end we will also find the right time to make a profit.
That is true. Patience is very important in trading and this is one of the things that traders don't have. If we don't have patience in trading we are forcing a trade even though there is no good setup. The longer you check the chart the more you can see bad setup that makes you think it's good to trade. That's why some traders can't survive in the long run.

Patience is indeed a very important thing but not all the time that this would really be something that you will really be doing specially if we do speak about profit taking. If you are someone whose really that have plans on holding for too long then it would really be your choice on doing so but if you are making some short trades then it would really be that relevant or something
that you would be needing to take. Do professionals lose money? Of course on which this s something that cant be avoided. There's no such thing about being a perfect trader,but your
experience would really be the edge or advantage in compared to those who are just new.

Cryptocurrency discussions / Re: Cryptocurrency good or bad for loan?

« on: June 04, 2024, 06:27:26 PM »

Quote from: $crypto$ on June 01, 2024, 02:31:50 PM

Quote from: enwi on May 10, 2024, 02:33:10 PM
Exactly, it's better for us to trade using the money we have instead of having to trade from debt which will make us always think that with the money we borrow, life will become uneasy because we will always be looking at the conditions of the exchange location.
Yes, you are right, it is better if we don't take out any loans, because we don't have burdens to think about and maybe that will affect our peace of mind.

Even if you have to take out a loan, be wise in using it. We have to measure whether or not we are able to bear the burden we will feel. We should not force ourselves to do something that we can actually do without taking out a loan, for example.

As much as possible on which i do really make myself really trying out to free from loans even on how small or big it would be.Its true that on the moment that you do have that loan then you would really be having that kind of feeling on having a burden on which this is really giving out that kind of stress but if you are really that taking up some loan but you do really know on how to repay it back on the right time then there would really be no issues but if you do struggle on doing so or cant really be so sure then it would really be better that you should really be avoiding this as much as possible.

Cryptocurrency Trading / Re: Trading is not same thing as Gambling

« on: June 02, 2024, 11:29:48 PM »

Quote from: doc on May 30, 2024, 01:31:24 PM

Quote from: milewilda on May 29, 2024, 01:10:53 PM
Quote from: bounceback on May 27, 2024, 03:58:57 PM
Quote from: Learn Bitcoin on May 27, 2024, 02:30:19 PM
Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.
Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.
I can attest that Binary options type of trading could really be considered to be gambling, although you could really be able to apply some analysis considering that you are really that making some trading on which it would really be just that normal that you would really be making yourself that applying analysis on which it cause up for you to have that increased chance on making some good trading but since binary options are really that involved with few seconds or even just a minute trade then this is something that you cant really be able to draw any technical analysis or even be able to apply any fuindamentals and this is why i cant be considered to be gambling and pretty sure that majority will really be having that impressions too.
I think I agree with you, Binary options type of trading seems a gamble. Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use? It doesn't seem to have much of an effect there. I'm not a professional trader, just a holder who has learned a little about trading.

There's no analysis that would really be able to fit out with this kind of trading on which it would really be something that will really be too fast in duration on which there would be no analysis that could work out. Even if we do say or make use of that scalping method kind of approach but still it wont really be enough for it to read up any possible movements considering the
very fast duration. This is why it would really be that considered to be gambling even if it would really be just pertaining or talking about trading but the risks
involved is really that having that equal values i could say.

Gambling discussion / Re: Is it right for a lady to gamble ?

« on: June 02, 2024, 11:15:56 PM »

Quote from: ajiz138 on June 02, 2024, 04:53:07 PM

Quote from: bounceback on June 01, 2024, 10:17:18 AM
Actually all gender have the same level in gambling but I doubt with women mentality after getting loss in gambler are there strong such as men or not? its not problem for women to gamble if have freedom financial and likely can control well their emotion not get frustrated when losing in gambling, in real life women have manage well with money but I don't sure how better controlling their emotion when taking risk in gambling?
If women still single they have much time with gambling just happening how strong their mentality at loss position because generally women have weakness emotional.
Yes, everyone gets the same opportunity to gamble, both men and women. However, women are usually more difficult to understand, because they rely more on feelings. And when they enter, maybe they will lose control because their emotions cannot be controlled.

Personally, I don't have any problems if they want to gamble, but you need to remember that the rules are the same for both men and women, namely never overdo it when gambling.

It is really just that the community is really that having that common gender inequality kind of views on which is why at the moment that they've seen some women in the vicinity or gambling places on where they would be having that kind of the same impressions on why they are playing? well, its true that gambling is for everyone and there's no gender limitation to it.
Men could really be just that having on the same reaction because they arent get used to see women on playing but well this is how reality works and how it happens.
There would be still those women who do really likes on having some fun and dealing up with gambling.

Cryptocurrency Trading / Re: Don't be in a Rush

« on: June 02, 2024, 10:37:55 PM »

Quote from: doc on May 31, 2024, 10:33:55 AM

Quote from: $crypto$ on May 29, 2024, 06:50:59 PM

It's true, we shouldn't be lazy in analyzing, because usually when analyzing it takes time, and if we are not patient enough in analyzing it then it will result in something that is not good for us.

Indeed, I will not deny that I also sometimes feel bored because I have to analyze the market and it takes a long time. But if we can control all of that, then it can be said that we have succeeded in fighting something bad within us.

I do analysis when I have free time, this really takes time and focus. Maybe some who are busy in the real world, are lazy to carry out analysis, they choose to buy safe coins such as bitcoin for long-term holding. And beginners who don't do analysis, just read hype news, usually prefer hype coins, with weak fundamentals. This is the wrong investment process, because the risk is big and we can lose our money.

If you do saw that you dont have the enough time to make up some research because you are busy with your day job then it would really be that wise that you should really be
making up some focus when dealing up with the crypto investment that you are really that putting your money into. Its sad that there are those people who do end up on investing on meme coins rather than on focusing themselves on putting their money on Bitcoin. This is why it would really be that somewhat important that you should really be doing your research first before
making any investment and never ever make yourself that getting too hyped if there's someone made out some investment and makes money. Nothing beats out
if you do make yourself stick on whats that mainly been supported by this community.

Cryptocurrency discussions / Re: Are you buying now?

« on: June 02, 2024, 10:19:53 PM »

Quote from: Dr.Bitcoin_Strange on June 02, 2024, 06:33:15 PM

I have been buying and accumulating cryptocurrencies for
a very long time now and I I'm so happy I started it when I had the opportunity to do because right now my coins has grown in price.
For Bitcoin I started accumulating it since 2014, there's nothing to wait for remove fear and start accumulating as many as you can.

Accumulating since 2014? Wow! thats some diamond hands you have there and not all would really be able to do such thing. For sure you are really that holding tons of profits as of this moment.

When you would really be tending up to sell? Next cycle? Or in other next 10 years?. Its really that amazing that there are really that those people who had been holding up to now
on which they could eventually be able to make or secure their profits but well we do know that this market does have that never ending possibilities.
You could really be making yourself that being rich if you have invested and hold up the right coin/project.

Cryptocurrency discussions / Re: How long have you been in crypto and what have you learnt?

« on: June 01, 2024, 07:09:53 PM »

Quote from: MCcabe Rory on June 01, 2024, 03:19:21 PM

I'll go first. I've been in crypto for two years now. And I've learnt that it's not a get rich quick scheme. Using that mindset you'll burnout within a short while... How about you??

I've been in this market since 2015 and i have experienced those cycles in the past or simply with those halvings. Seeing those top coins in the market now into their earliest days.
Honestly, i have tons of regrets on why i havent been able to put up a few bucks with those coins and i might really be that rich by now but of course if its not something for you
then its not for you and just simply move on. Dont make yourself that keeping those regrets because you cant really be able to move forward.
The market wont really be losing opportunities but rather it would really be something that an endless one. So it would really be just that depending on you on how you do deal with it.

Cryptocurrency Trading / Re: Do not neglect fundamental analysis.

« on: June 01, 2024, 05:23:26 PM »

Quote from: ajiz138 on May 22, 2024, 07:00:37 PM

Quote from: milewilda on May 19, 2024, 08:29:32 PM
Quote from: ajiz138 on May 19, 2024, 04:15:54 PM
It's not just price movements that we have to look at and analyze, apart from that we also have to understand everything well, including fundamentals. We can't just focus on market movements because there are other things that can influence it all.

When there is good news, for example, it can make prices increase, and conversely, when there is bad news it will affect prices which will also decrease. We have to be active in looking at things like that, so that we can make good trades.
On the moment or time that you do get involved with trading or making out some investment on crypto then everything should really be needing up to learn on which it wont really be just that limited to fundamentals but also with technicals and other aspects on which it would be one of the factors that could really affect out overall movement. We do know that this market could move its price without basing anything or simply being random on which simply means that you would really be that needing to be that good when it comes on making some positions
because making up decisions without any basis is really just that surely to be called as gambling.
Of course, this will be a very important thing for us to pay attention to so that the trading we do does not lead to gambling, meaning we do it without reason and seem to depend on luck.

We have to master all things that are related to the market, even though they are not directly related, things like that will still have an influence. We cannot eliminate a single aspect in analyzing something.

At the moment that you would be dealing with the market you would really be able to realize for yourself on what are the things that you would be needing without seeing others advises.
You could really be able to point out on what are the things which are relevant and something that could really be able to contribute when it comes on making that good trades.
Fundamentals and technicals is something that should really be that in default. Rushing up things on learning could really that lead into mistakes on which it would really be best
that you are wary on the things that you are dealing with.

Gambling discussion / Re: I will quite gambling... Easy said than done

« on: June 01, 2024, 04:23:39 PM »

Quote from: Mr. Magkaisa on May 31, 2024, 07:43:03 PM

Quote from: Sim_card on May 26, 2024, 01:00:51 PM
I could remember way back when I was always gambling without luck and run at loss almost every time that I gamble. This will make me say to myself I will quit gambling, but after a while, I will think of gambling and I will try to hold myself back, which happens. But my mind will keep telling me to gamble, and after somedays I will gamble again. Same thing will happen and I will repeat the same words again. This happened to me over and over again, but look at me now I am still gambling and having fun with it. Have this ever happened to you that you said you will quit gambling but didn't.
Why is it that, it is when a gambler is losing that he always think of quitting.

- Even if you have said that you will quit gambling and until now you have stayed the same, maybe you are not really determined to quit; your persistence is not really 100% that you want to quit. Because if you really want to quit something, no matter how hard it is, you can leave it and let it go.

This is about "quit" because we also know that there are things that, when we want to let go of or stop something that we have become accustomed to, are not really that easy to stop because it has become a routine of our personality behavior, as if it has really become a part of our life.

You dont really mean it
You arent sure about it
You arent serious about it

If you do tend to quit then this is something that would really be needing up that control for you to have that kind of discipline on which this is something that cant really be
controlled by anyone. You would really be that making yourself having that realization at the same time having the eagerness or seirousness on quitting
gambling because if you dont mind that much then you are really just that good in words but not in action.

Cryptocurrency Trading / Re: Fear or greed

« on: May 31, 2024, 11:59:27 PM »

Quote from: Ambatman on January 15, 2024, 04:53:03 PM

Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?

Greed would be more dangerous but the thing about fear then this is something that would hinder you on taking up a risks and since we are talking trading then you would really be needing to take risks but not on the sense that greed is much higher than it.

Gambling discussion / Re: Do People Change Their Preferred Casino?

« on: May 31, 2024, 10:11:13 PM »

Quote from: Unbunplease on May 31, 2024, 04:04:47 PM

When it comes to offline casinos, it is unlikely that a player will change the casino he is already used to. What matters to the player is the atmosphere, bonuses for vip players, menu, location - that is, a lot of small factors that become important when choosing a casino

For offline then it would really be that understandable that it would really be totally depending on the availability on which you wont really be making yourself that transfer from one place to another on which it would really be something that costly but the experience and ambiance would really be that the same when it comes to ambiance on which it wont really be shocking that they will really be having that kind of consideration when making those transfers.Whereas, it would really be that totally different when choosing up online casinos on which you could really switch up in a snap
if you do find out something new and something that interesting.

Cryptocurrency discussions / Re: Any advice for a newbie?

« on: May 31, 2024, 07:24:19 PM »

Quote from: Crwth on May 31, 2024, 07:18:17 PM

Well, they are the ones that are in the alpha stage. Like the ones who are not yet really there to have exposure on it and they manage to be part of the initial party that could buy something.

Basing on the name itself - "Pre"- market. It is before going to the market.

Advice is to risk what you can afford to lose.

It would really be a hit or miss but surprisingly there would really be those people who would really be loving to take risks specially if they are really that confident that they are really that dealing on something which does have that kind of potential. Honestly, this is the hardest time that you would really be making out decisions whether you would really be making up some investment
or not considering that this is really that the beginning of everything. Even if the devs or team are doxxed but still it wont really be an assurance that you are dealing with a good project.
There are even those projects which does have that exceptional kind of utility but ending up on being imaginary which ends up on being a failed one.
So its really that to make yourself having that assurance.