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Messages - Odohu

Pages: [1] 2 3
1
Terminology / Re: Traders vs Investors
« on: December 29, 2024, 11:45:40 AM »
Quote from: Rruchi man on December 21, 2024, 10:21:54 PM
Quote from: Gposas on November 07, 2024, 06:54:46 PM
In a nutshell, traders and investors are two different calibre of persons in the Crypto world having different patterns and motives towards market trend/price.
Cryptocurrency traders could also be active in investing, allocating some of their capital not just into dollar cost averaging or any other strategy that they employ in investing in cryptocurrency but for trading purposes. If you are not well skilled in trading, your focus as an individual should not be on trying to trade with money you should be investing with.
I know a lot of guys that are actively trading and investing part of the proceeds from their trading into investing in Bitcoin which they will hold for a long period of time. Most of them are holding large quantity of Bitcoin today and are still doing very well in trading. However, trading is not an easy thing to do so anyone going into it should not expect to be very successful within a short time.

2
Signature Campaigns / Re: [OPEN] RomboMix The First ETH Mixing Service Signature Campaign
« on: October 30, 2024, 06:52:29 PM »
Forum Rank: Senior member
 Bech32 address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc
 Total Posts: 43

3
Basic Questions about Cryptos / Re: What is the best way to invest in cryptocurrency?
« on: August 15, 2024, 03:25:03 PM »
Quote from: Ricardo11 on August 08, 2024, 05:52:11 PM
DCA is the best way to invest in cryptocurrency or Bitcoin. The DCA approach provides the best long-term results on average by avoiding the ups and downs of the crypto market. You invest a fixed amount regularly on weekly or monthly basis according to your income. No matter the price is low or high, you just have to buy. This method will create an average price for you, which will give you a lot of profit in the long run.
Well DCA is good but mainly for investing in Bitcoin. If you apply DCA in altcoin that have not found its feet in the market, you might end up losing your funds because most altcoins in that category die with time. By the time the founders or big holders dumps, it is usually difficult for them to recover. But we know that irrespective of how Bitcoin dumps, it will always bounce back hence the reason to consider applying DCA method, which is a long term investment strategy, in Bitcoin only.


4
Basic Questions about Cryptos / Re: Avoiding Scams For Beginners
« on: August 15, 2024, 02:56:44 PM »
I think one of the most important things newbies need to know is that nothing is completely free and "if it is too good to be true, then it probably isn't". Many scammers get their victims by presenting to them what seems to be easy money but the main target is to scam them of their money or data. The moment we realize that nothing good comes easily and nothing is free, we will be able to put our greed in checks.

5
Signature Campaigns / Re: [OPEN] Cryptomus Crypto Wallet | Store, Convert, Stake With Superior Security
« on: August 15, 2024, 01:19:45 PM »
Forum Rank: Sr member
BTC SegWit Address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

6
Signature Campaigns / Re: [OPEN]Mixero ADVANCED MODE Bitcoin Mixer Signature Campaign | Ver: Altcoinstalks
« on: August 15, 2024, 01:18:52 PM »
Forum Rank: Sr member
BTC SegWit Address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

7
Signature Campaigns / Re: [OPEN] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign
« on: July 16, 2024, 05:09:43 AM »
Username: Odohu
BTC SegWit Address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

8
Cryptocurrency Trading / Re: I want to pay for my holiday with crypto
« on: June 26, 2024, 03:42:36 PM »
Quote from: Crypto_Potato on June 17, 2024, 05:43:34 PM
Yes you read the title right, I'm want to fund a holiday to the maldives this summer with money made from cryptocurrency but unfortunately I've not made anything close to that amount in profit lmaoooo. There's low-key still time tho, I could make a lot from a 100x meme or something. You guys know any trading competition that can get me a shit ton of money before then or maybe an event that can win me that money for free lmaooo

Or should I just get a crypto loan instead, It still kinda counts hehe
You have so many option at your disposal and the one to use depend largely on your skills and talents. If you think you are a very good trader, instead of joining competition that you are not sure of winning, why not use features trading on exchanges and build massive wealth within a short period of time. You can use high leverage and make serious money but then, you must know the art else you will get burnt.

Another option is gambling which can also pay handsomely if you are able to predict correctly. We have the ongoing Euro 2024 where there are good matches with good odds, you can make a kill from the competition.

Finally, memecoins has the potential of giving you good money but base on the realities on ground, the market is stalled and I don't see any major pump happening soon so if you buy any coin with the hope of making big profits, you might be disappointed when it refuses to win. 

I will not encourage you to take a loan unless you have a means of paying it back. Loans should be tied to investment and not leisure, this is my understanding of what it means to take a loan.

9
Signature Campaigns / Re: [OPEN] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign
« on: June 26, 2024, 03:16:10 PM »
Username: Odohu
BTC SegWit Address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

10
Signature Campaigns / Re: [OPEN] RoyalMix.io 👑 Signature Сampaign | Up to $45/W
« on: June 24, 2024, 04:52:20 PM »
Username: Odohu
BTC SegWit Address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

11
Signature Campaigns / Re: [OPEN] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign
« on: March 12, 2024, 04:49:03 PM »
Altocoinstalks forum username: Odohu
Segwit Bech32 bitcoin address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

12
Signature Campaigns / Re: [OPEN] UniJoin.io 🌀 Bitcoin Mixer | Sig Campaign | Up to $45/W
« on: March 06, 2024, 01:57:11 PM »
Altocoinstalks forum username: Odohu
Segwit Bech32 bitcoin address: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

13
Signature Campaigns / Re: [Open] Bons.io Signature Campaign |The Telegram Casino|Next gen Gaming-Space
« on: February 29, 2024, 06:19:10 PM »
Username: Odohu
BTC SegWit: bc1qd666kg8m9p9mcw9e40pf0nhv9gvnjv5r3j05mc

14
Forum related / Re: If there was no incentive to post, would you have come here?
« on: February 24, 2024, 07:08:01 PM »
Even though many people would want to pretend, the truth is that without opportunity to earn money, many people will not be here... this is untestable though because no one hate just another extra income. Personally, I have come to find somethings very interesting here even though I joined during the ban of mixers in the other forum. Notable among the things I love about this forum is the chat board where users do interact directly with the admin who is active and operate like millions of people, seeing everything happening anywhere in the forum anytime.

In addition, this forum have a kind of soft rules that do not gag anyone to confirm to certain ideologies or struggling to impress anyone, there is total freedom of expression here. That I find very interesting. So, without the money, I will still be coming but not regularly as I would assuming I'm hired to perform promotion for any organization.

15
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: February 06, 2024, 06:50:16 PM »
Quote from: Nwada001 on February 03, 2024, 11:18:53 PM
Quote from: Salahmu on February 03, 2024, 11:11:24 AM
In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.

But however in times of Bitcoin holding you don't  need much knowledge  before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.

Trading and losing everything within some hours is just something that can't just happen like that unless you get yourself involved in leverage trading. If it's for buying and selling for day trading, you can run into losses, but you can't lose it all in a single interval of hours.
 
Leverage trading is the only place I have experience. If I place a trade and the trade happens to go against my order and I'm not fast enough to cancel the trade, it can get liquidated depending on how fast the market drops or falls, but day trading gives you one opportunity to recover those lost profits if you don't sell when the price drops and if the traded coin does not also rug pull.
If you don't believe that trading and losing everything within few hours, then you have not really traded Bitcoin. Within an hour, Bitcoin can drop thousands of pips, and traders using leverage and without stop loss can be wiped out with just few spikes.

Even currencies like GBPJPY, that is seen as a littlle stable, can destroy your account during time of high impact news. Truly trading is not for the weak minded neither it is for the careless people who trade without stop loss of strong strategy. I really do not encourage anyone to trade with any funds they are not willing to lose.

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