My advice If you are here to make money - page 3.

monineklutak

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Quote from: oprahwindfury on January 25, 2023, 10:54:56 PM

The future of Bitcoin is uncertain and highly debated among experts in the field. Some believe that the decentralized nature of Bitcoin and its growing acceptance as a form of payment will lead to it becoming a widely used global currency. However, others believe that the lack of regulation and potential for illegal activity will lead to it being banned by governments and eventually becoming obsolete.

Yes, we know for ourselves that the development of the times is also accompanied by technological developments and that will continue to happen,
so there will be a possibility that Bitcoin becomes a global currency,
but what is clear is better just follow the development.

oprahwindfury

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The future of Bitcoin is uncertain and highly debated among experts in the field. Some believe that the decentralized nature of Bitcoin and its growing acceptance as a form of payment will lead to it becoming a widely used global currency. However, others believe that the lack of regulation and potential for illegal activity will lead to it being banned by governments and eventually becoming obsolete.

Sebas.tian

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Quote from: Portocervo777

Stay away from btc If you are futures trader btc moving too slow.

I disagree with you OP, because whenever Bitcoin price is moving in the market other cryptocurrencies price will be moving also, showed that Bitcoin price is making other cryptocurrencies price to pump. If you want to become great in your investment, try everything possible within your power to include Bitcoin in your investment, because there is a big hope of winning something big at the end of your investment. I don't think, the price of Bitcoin is moving slowly because the price just moved from $20,000 to $23,234 that made many traders to believe that Bitcoin still remain the king among other cryptocurrencies.

Xxmodded

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There are not rule for every one disallowed earn money here in Bitcointalk Forum, you don't know about other reputation and skill having before active in this forum. Indeed there are not spam post, making educative post and give more knowledge not problem for growing up his account level and earn money here.

Beside has decision how to get more knowledge about Bitcoin and want to update about altcoin for investing and trading, I don't think wrong when people come in to Bitcointalk forum for earning money trough not any rule break and he made or promoting with scam project.

bettercrypto

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Everyone who enters the crypto space aims to make a profit here, what is needed is that we first know the correct procedure so that we can get the correct way to earn bitcoin or cryptocurrency.

And we also know that crypto trading is the main way for us to gain from it. As long as we don't imitate others who send their emotions and have no self-discipline, we must stay calm if something bad happens in the market so that we can keep thinking correctly and learn to do our research on things that are not we are sure or we don't know.

martyns

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Quote from: ?? on ??

I think that the best option is to devote enough time to learning. From my own experience, I can say that this brings results, because I myself started working on a demo account of the Amarkets broker.

Lol,everyone needs money,but not to the essence of your growth,and besides, bitcointalk forum is not a forum for making money,it is a forum set to know more about Bitcoin,and other affairs going on in the society.Whats best to do while you are here is to read good comments made by people in the different topics so that you can apply it when you want.
Bitcointalk forum has everything one can ever ask for,the only thing required of bitcointalkers is that they should continue to make research,learn,and take ideas from experienced people.

cytpoway121

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Quote from: Portocervo777 on December 09, 2022, 01:59:24 AM

Keep your focus on how to make money.

As a trader in crypto currency or forex market; your main focus should not be how to make money; instead your main focus should be how you can gradually grow your capital while understanding that you will not make profits every trade. Keeping your emotions in check means; you are able to know when to stay away from a market and when to get stucked in a market.

Please keep in mind that in crypto currency or forex; it is important to understand the trading psychology.

Quote from: Portocervo777 on December 09, 2022, 01:59:24 AM

Stay away from btc If you are futures trader btc moving too slow.

Bitcoin is one coin that is 100% bullish long term; you cannot stay away from bitcoin

Negotiation

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If you don't understand the correct market indicators, the value of losing here will be high trading futures and options has potential for profit, but also potential for danger. This type of trading is not suitable for all investors when the market opens, this strategy helps traders to get the maximum advantage of the tight action from large buy and sell orders. The concept of going short or long is not so simple first, you need to understand the relationship between price and volume these two factors should be compatible. Volume is quite essential for every type of breakout which ensures breakout before entry.

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Quote from: Mauser on January 21, 2023, 03:22:53 AM

Quote from: Portocervo777 on December 09, 2022, 01:59:24 AM

Most important in crypto is stable income everyday.
Just becouse btc are so slow i dont trade btc with futures much but If i do then i also trade others i dont keep my hopes on btc much.

But btc are great Market indicator so i use btc price as Market indicator to know when to long or short.

If you follow this plan you can get better results from trading like i said dont focus on too much market trend but try to find coin short or long it in few HOURS take the money and close the trade.

I am not sure if futures trading is really the best way to achieve a stable income every day. When trading with futures we have a leveraged position that moves stronger than the actual underlying asset. Bitcoins for example is up 25% over the last month, so who ever holds some BTC futures should have made a lot of money in the last few month. Which is already a big move in my opinion. But it's true that alt coins tend to move much more quickly than bitcoins. So any investor who is looking for the highest returns will have to invest in altcoins instead of bitcoins. The problem with the extra high return is that they also come from the most risky projects. We can't expect stable and constant income when trading those coins and futures on those coins. The chance of facing a loss are much higher then when investing in the bitcoin market.

We can't deny the fact that in that kind of trade, the chance of losing is much greater than winning your position. It's been practiced by traders who have better knowledge of the business. It will going to depend on how you perceive and project your opportunity and how good you are in handling the possible losses that it may take.

If you push with this kind of practices and you are already immune with losses and you manage to have more good outcome for sure you will continue to enhance and keep this as good practices while working with the market.

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Quote from: alastantiger on January 18, 2023, 10:13:08 AM

Quote from: uneng on January 16, 2023, 10:03:14 PM

Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

Traders need to realize that you make money waiting and you do not make money trading. A professional trader might, in my opinion, use certain tactics to trade just once a month and still profit. And for this reason, I concur with your initial assertion that you shouldn't trade frequently if you want to be successful. It is just like the 80/20 rule or principle. So I can say that 80 percent of the money you make trading comes from 20 percent of the times when you do not trade.

That's also not entirely true, as a trader, their profits mainly come from trading, you can't make them hold it all to make a profit without trading. Trading can generate bigger profits than holding if you are a good trader. I still see many people day trading, and they still make consistent profits. It is not a matter of frequent trading or not, what is important in trading or holding is to have a plan, and we need to follow that plan seriously and how we manage ourselves.

Mauser

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Quote from: Portocervo777 on December 09, 2022, 01:59:24 AM

Most important in crypto is stable income everyday.
Just becouse btc are so slow i dont trade btc with futures much but If i do then i also trade others i dont keep my hopes on btc much.

But btc are great Market indicator so i use btc price as Market indicator to know when to long or short.

If you follow this plan you can get better results from trading like i said dont focus on too much market trend but try to find coin short or long it in few HOURS take the money and close the trade.

I am not sure if futures trading is really the best way to achieve a stable income every day. When trading with futures we have a leveraged position that moves stronger than the actual underlying asset. Bitcoins for example is up 25% over the last month, so who ever holds some BTC futures should have made a lot of money in the last few month. Which is already a big move in my opinion. But it's true that alt coins tend to move much more quickly than bitcoins. So any investor who is looking for the highest returns will have to invest in altcoins instead of bitcoins. The problem with the extra high return is that they also come from the most risky projects. We can't expect stable and constant income when trading those coins and futures on those coins. The chance of facing a loss are much higher then when investing in the bitcoin market.

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Quote from: Volimack on January 17, 2023, 04:40:31 AM

Agreed, bitcoin investment is the best way to make money but effects aren't like that it isn't as easy as it's now, but tolerance and an logical approach will yield good returns. The crypto request has now come a raging wild west with unanticipated rudiments coming into the request. You'll read what cryptocurrencies are and the easiest way to make plutocrat with cryptocurrencies with lower threat than complex strategies.

For we to make money in the cryptocurrency market we must know what we are doing to avoid unnecessary drama because the market does not care about our holdings and it will be too risk for us to be trading in the market and not understand the next decision to take.
Cryptocurrency market is a sureway to make money if we are ready to learn the techniques especially learn from the pro traders that had been in the market for a longer period of time.

Making profits in the market also take diligent research and the nature of how the market works to that in case we are not Lucky enough to make profits in a single day, our loses won't be much.

Quote from: Erumo on January 18, 2023, 01:11:44 PM

What is the point of those advices? Stay focus, concentrate, dont take rush decisions, follow your goal. This has been advices million times already.

OP, why dont you give examples? All you say is, "FOCUS", "TRADE OFTEN", "MAKE SHORT AND LONG POSITIONS". That is water. Like books about successful success. And the best from you "open position, wait few hours, take any profit and close it". Marvellous. Teach me how this works on bear market.

What kind of advise do you expect op to givr since he is not ready to give any strategy could make us ask a lot of questions.
This is just in a form of advise and I really appreciate his endeavours.

Erumo

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What is the point of those advices? Stay focus, concentrate, dont take rush decisions, follow your goal. This has been advices million times already.

OP, why dont you give examples? All you say is, "FOCUS", "TRADE OFTEN", "MAKE SHORT AND LONG POSITIONS". That is water. Like books about successful success. And the best from you "open position, wait few hours, take any profit and close it". Marvellous. Teach me how this works on bear market.

Mahanton

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Quote from: ningrum on January 18, 2023, 11:48:25 AM

Quote from: jaberwock on January 18, 2023, 07:52:29 AM

Quote from: uneng on January 16, 2023, 10:03:14 PM

Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

But, trading often can give us a lot of income. Don't tell me you don't like it? We only need to know first that we are good at it, if not then it will be better to minimize our trading activity to avoid more losses. Hodling or investing is much easier than trading, so we can prioritize it if it seems that we don't have a talent in trading.

The only downside of it is that it might take time for us to earn since bull run doesn't come too often. Apart form having a solid patience, it's also important to have a self control and not to be emotional because there might be negative news that come along the way and we will see that our portfolios are badly affected.

It's true that trading is much more complicated, but still, whether it's trading or investing, it's important to learn first,
there is certainly a lot that we need to prepare, both knowledge, skills and self-control are equally important,
and most importantly never get bored to learn.

Also, dont make yourself that easily quit when you do experience up some losses because this is where people do usually falls on on which on the time that they do experience losses then they do turn their backs
and never came back which is really that a wrong mindset to have.You should really be that dedicated or persevere if ever you do really wanted to be successful on either investment or trading career.
You should really make yourself that expecting for losses along the way because this is a normal thing that you would really be experiencing because not everything would turn out to be positive.
Bare yourself with these things so that you would really easily get frustrated and discourage.

ningrum

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Quote from: jaberwock on January 18, 2023, 07:52:29 AM

Quote from: uneng on January 16, 2023, 10:03:14 PM

Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

But, trading often can give us a lot of income. Don't tell me you don't like it? We only need to know first that we are good at it, if not then it will be better to minimize our trading activity to avoid more losses. Hodling or investing is much easier than trading, so we can prioritize it if it seems that we don't have a talent in trading.

The only downside of it is that it might take time for us to earn since bull run doesn't come too often. Apart form having a solid patience, it's also important to have a self control and not to be emotional because there might be negative news that come along the way and we will see that our portfolios are badly affected.

It's true that trading is much more complicated, but still, whether it's trading or investing, it's important to learn first,
there is certainly a lot that we need to prepare, both knowledge, skills and self-control are equally important,
and most importantly never get bored to learn.

alastantiger

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Quote from: uneng on January 16, 2023, 10:03:14 PM

Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

Traders need to realize that you make money waiting and you do not make money trading. A professional trader might, in my opinion, use certain tactics to trade just once a month and still profit. And for this reason, I concur with your initial assertion that you shouldn't trade frequently if you want to be successful. It is just like the 80/20 rule or principle. So I can say that 80 percent of the money you make trading comes from 20 percent of the times when you do not trade.

jaberwock

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Quote from: uneng on January 16, 2023, 10:03:14 PM

Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

But, trading often can give us a lot of income. Don't tell me you don't like it? We only need to know first that we are good at it, if not then it will be better to minimize our trading activity to avoid more losses. Hodling or investing is much easier than trading, so we can prioritize it if it seems that we don't have a talent in trading.

The only downside of it is that it might take time for us to earn since bull run doesn't come too often. Apart form having a solid patience, it's also important to have a self control and not to be emotional because there might be negative news that come along the way and we will see that our portfolios are badly affected.

blockman

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Quote from: Volimack on January 17, 2023, 04:40:31 AM

Agreed, bitcoin investment is the best way to make money but effects aren't like that it isn't as easy as it's now, but tolerance and an logical approach will yield good returns. The crypto request has now come a raging wild west with unanticipated rudiments coming into the request. You'll read what cryptocurrencies are and the easiest way to make plutocrat with cryptocurrencies with lower threat than complex strategies.

Being best is subjective but obviously, we're in a bitcoin forum so everyone here is going to say that it is the best and that includes you and me.
Those that are still doubting the potential of bitcoin are just missing the days that they should have rendered already by keeping bitcoin.
There's no need for them to be that technical so that they can have it. It's a matter of understanding on what bitcoin is and soon, the halving will come and more people will get to know what will be the effect of it.

Volimack

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Agreed, bitcoin investment is the best way to make money but effects aren't like that it isn't as easy as it's now, but tolerance and an logical approach will yield good returns. The crypto request has now come a raging wild west with unanticipated rudiments coming into the request. You'll read what cryptocurrencies are and the easiest way to make plutocrat with cryptocurrencies with lower threat than complex strategies.

uneng

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Frankly, if you want to make money, don't trade often. Just buy Bitcoin and wait until it goes up. It may take a long time and crashes can happen meanwhile, but don't panic, keep your focus on your primary goal that is to make money with Bitcoin on long term. If you do day trading or future trades, you are already under severe risk of loss, doesn't matter the method you are using on your execution, so prefer the safest route which decreases risks, while still keeping a decent profit margin.

Topic: My advice If you are here to make money - page 3. (Read 1473 times)