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Showing 20 of 260 results by Bitcoinpoly
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Topic
Board Altcoin Discussion
Re: Future of Crypto Trading with AI
by
Bitcoinpoly
on 22/05/2025, 12:27:06 UTC
I just checked out what you're saying, i see BingX is really bringing hope to the industry. Thanks for sharing.
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Topic
Board Altcoin Discussion
Re: Future of Crypto Trading with AI
by
Bitcoinpoly
on 22/05/2025, 12:26:00 UTC
Give it a try and see how it can change the way you trade crypto. for me i think we need more smart way to see the market and this platform somehwat is about to deliver hahaa what's your take on this ?
Have you tried it yourself? Or you are just a marketer, promoting this exchange? Except that you are a marketer or perhaps you have used the feature and have good experience with it, what's the reason for this assurance you put there about how it can reform someone's trading? If you have had good results using the feature, it will not be bad that you share your success and then I will believe more about it or I will assume you are a promoter. There are risks attached to using those AI(s) , that, I know.
Not sure how the AI thing work yet but i tried to check out what he said in their webinar and i can see they are really building something that can help the future of the crypto trading, nevertheless it doesn't mean AI will trade for you. You need to understand AI is meant to give you insight and not to do the work for you.
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Board Bitcoin Discussion
Re: As a trader, is it worth consistently trading only BTC?
by
Bitcoinpoly
on 21/02/2025, 19:10:49 UTC
Before getting to to trade a coin, if you want to be successful you have to be indebted to first understand the coins potentials and market cap.
Getting into every listed coins in the exchange can be so risky for traders instead you just need to adopt few coins, get used to their community users and rest up on them so you don't go buy coins that will not be in need when reselling.
The dominance of bitcoin in adoptions has made it confidentially a coin that every traders find profitable because it has come to stay with no going extinction and there are being demands and supplies on regular basis in the market cap.

I'm not sure i can just get into any listed coin without having a proper analysis done, i fear market manipulation alot. Although some exchanges tools helps to prevent market manipulation though you still need to get your due deligence done. The dual-price mechanism feature on BingX can help you avoid unfair price liquidation.
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Topic
Board Bitcoin Discussion
Topic OP
As a trader, is it worth consistently trading only BTC?
by
Bitcoinpoly
on 19/02/2025, 10:25:13 UTC
As a trader i strongly believe Bitcoin offers stability and dominance which is one of the core reasons why most traders stick to trading bitcoin on the other hand altcoins brings high-risk, high-reward opportunities. The volatility in altcoins presents both risks and opportunities. As a trader, navigating uncertainty strategically can lead to high-reward trades, though for me, I mostly choose to trade BTC while leveraging a good derivatives platform. What about you and which exchange did you use in trading, kindly share with us.
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Board Bitcoin Discussion
Topic OP
emjyjytjty
by
Bitcoinpoly
on 13/01/2025, 10:04:43 UTC
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Topic
Board Altcoin Discussion
Re: How it everyone feeling during this altcoin crash?
by
Bitcoinpoly
on 04/08/2024, 13:45:02 UTC
At this junction i'm honestly tired! Even all the dips i bought are now dipper Cry i just hope to see the bull market soon so i can reap the fruit of my labour. Anyways i will be using airdrops to hold myself for now and the little rewards from BingX listintgs, i just know i will survive this phase.
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Topic
Board Beginners & Help
Re: Can Somebody Tell Me About Instant Exchanges?
by
Bitcoinpoly
on 22/06/2024, 11:29:53 UTC
Which ones are reliable?
Which ones are people actually using?
How do they work?
Both CEX and DEX have their own different advantages, you need to be aware that there some features available CEX that you cant access on DEX, CEX is a very good place to get opportunity to make good profit while on the other end DEX has some sort of privacy, though DEX still has some limited CEX features just like the Bitget wallet. 
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Topic
Board Beginners & Help
Re: How to Make Money in Crypto and not lose it as beginner
by
Bitcoinpoly
on 22/06/2024, 11:18:00 UTC
Thanks OP, i love the fact that you put the knowledge of the crypto space first because as little as Airdrop farming is you can still lose on it but with the understanding of the crypto space you will know what to do and when to do it. Actually spot trading and some form of investments like Flexible savings,  Launchpad staking and even PoolX staking on Bitget is a good opportunity for the newbies to make profit in the crypto space.
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Board Trading Discussion
Re: Open source cryptocurrency trading bots
by
Bitcoinpoly
on 15/06/2024, 01:32:46 UTC
I really don't buy the idea of using trading bots, they're mostly programmed you will never know when your loss is coming, i prefer to copy trades from professional traders with good experience and good track records, you can get most of them on Bitget through the copy trading features.
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Topic
Board Trading Discussion
Re: Most Traders are Not Profitable
by
Bitcoinpoly
on 15/06/2024, 01:28:46 UTC
I don't believe most traders are not profitable, trading has been one of the alleviation scheme from poverty to a lot of intellectually smart youths, as for the newbies in trading they might experience loss but its just a matter of time and also they can utilize the copy trading features on some exchanges just like Bitget, the copy trading will give them opportunity to make profit by copying trades from professional traders.
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Topic
Board Economics
Re: Russia can evade sanction through cryptocurrencies
by
Bitcoinpoly
on 15/04/2024, 14:45:15 UTC
Quote
Cryptocurrencies can be decentralized but centralized exchanges and centralized wallets are not decentralized, only centralized exchanges and wallets is what I are talking about. For people that are using decentralized wallets, there is nothing because the have the control, not the exchanges. But Russians can turn to decentralized means though.

Even from Binance CEO Changpeng Zhao himself saying that cryptocurrencies won’t help evade sanctions.  

But from my own perspective, Russia can possibly evade sanctions if they turn towards full decentralization or exchanges refusing to ban Russians from using their respective platforms. Like for instance, mandating all businesses to accept crypto payments by using non-custodial wallets.

No matter what CZ says, it needs to be noted that CZ denied blocking Russian accounts from Binance through a rightful decision. So not sure why he thinks that cryptos can't help Russia evade the sanctions.

Russia can certainly try this. But considering the global sentiment is against Russia right at this moment, it may not be beneficial for them. Their internal economy can be supported by cryptos but the global trade won't go through crypto route.

Similar issue of this nature is already playing out in the situation between Israel and Iran. BingX has been called out to be rendering some sort of support to the Iranians by allowing them carry out transaction which is aiding their terrorist actions, this obviously is against the rules by the regulatory bodies.
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Board Altcoin Discussion
Re: Exchange native tokens Vs Wallet native tokens
by
Bitcoinpoly
on 15/04/2024, 14:28:52 UTC
I've never been particularly drawn to either exchange or wallet native tokens, but I'm intrigued to delve into them now. The recent buzz surrounding BNB, OKB, and BGB has caught my attention. These tokens, especially BNB and BGB, have exhibited considerable strength, largely due to the heightened demand to participate in launchpool, launchpad and other related event that drive the demand for the use of these tokens

BNB has surged nearly 80% over the past year, while BGB has stolen the spotlight with an impressive 190% gain. Although OKB hasn't made any significant moves recently, its potential shouldn't be overlooked.

On the other hand, wallet tokens have also been performing decently, although perhaps not as strikingly as those from centralized exchanges. Among them, Trust Wallet and C98 Wallet have caught my eye. I have a hunch that wallet tokens might start showing impressive price action as we approach the post-halving period, thanks to an anticipated uptick in transactions. I'm particularly curious about the potential of BWB token for the Bitget wallet, set to launch soon with an airdrop in play.

What are your thoughts on the speculative potential of BWB?
No doubt BGB has been exceptional amidst other exchange tokens, its movement in compare to others can not be overemphasized, while BNB has also been moving great BGB on the other hand is taking the lead. $BWB also has the potential to breed such productivity, exchange token and wallet token with good prospect should never be neglected. Buy $BGB, $BNB and $BWB
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Board Altcoin Discussion
Re: Invest Only In a Coin that Increase in Value in this Bull Run.
by
Bitcoinpoly
on 24/03/2024, 18:12:45 UTC
If a Coin or a Cryptocurrency Project that has been launched and it is not increasing in value in the bull market while others are increasing tremendously, I advise you not to invest in that coin because if invest in it and it's not increase in value now till the bear market again then when do you think the coin will increase for you to make a profit. Investment is all about calculation and wisdom and just throwing your money in the ocean and thinking that one day you will make when the water rise. Investing in altcoins is a very good idea and decision but invest wisely and not to regret later because the coin you invested was nothing but a cymbal drum from the ecosystem to make noise for recognition and the developers of such coins are not to make you benefits from them but for them to make money or profit from you as you invest.

And those kind of projects are the once always having one problem to the other. Upgrading issues, site maintaining issues, and others issues so before you know that they have collapsed in the midst of confusion. Please steer clear and buy and invest in popular well known altcoins projects like Ethereum, Solana, Litecoin, dogecoin, and few more. Avoid any coin that is not improving in value.
The truth is most coins will definitely experience an upsurge during the bullrun as the supply will massively increase and everyone will be ready to make profit. You have to be careful regardless on you buy coins, there are some exchanges with good projects just like Bitget, binance and the likes, it will be very easy to spot good projects during the bull run on those exchanges.
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Board Trading Discussion
Re: "Everyone" is all wrong about Bitcoin...
by
Bitcoinpoly
on 24/03/2024, 18:01:58 UTC

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.
You won’t say anyone is wrong, when it comes to BTC lately the best you can do is to DCA and follow up the market till the bull run comes if not you will either buy too high or miss out totally. There exchanges that helps you achieve this through their automated bot just like smart portfolio bot on Bitget exchange.
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Board Bitcoin Discussion
Re: Is it too advanced to get into Bitcoin now?
by
Bitcoinpoly
on 26/02/2024, 15:47:05 UTC
Cryptocurrency prices have increased by 118% compared to last year. Similarly, prices are increasing by almost 83% in the last 04 months.The dramatic history price of Bitcoin peaks and the recent buzz around its upcoming "halving" its only fair to pose the most obvious question in front of us that-
Did the Bitcoin flight already leave investors? or is there still time to buy a ticket?

The attractions of Bitcoin investments has always been double the potential for significant returns and its suggested role as digital gold.Historically Bitcoin has rewarded the bold to investors. For the next "halving" currently on track for April, another bull run seems highly likely. Recent price gains although this potential wave should take Bitcoin to a whole other level as it did after the May 2020, July 2016 and November 2012.
If you buying ahead of the bull market, BTC is definitely going to get to it’s all time high and still move above it.
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Board Bitcoin Discussion
Re: How do cryptocurrency increase the standard of living
by
Bitcoinpoly
on 26/02/2024, 15:42:26 UTC
Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living
There are many ways in which cryptocurrency can increase people’s standard of living  especially in a situation where you know how to fully utilize the opportunities within the cryptocurrency ecosystem. Just like using Bitget Copy trading to make profit and also using the flexible savings program in order to make APR.
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Topic
Board Currency exchange
Re: P2P Marketplace
by
Bitcoinpoly
on 26/02/2024, 15:32:58 UTC
Hi.
At least 2 P2P marketplaces are down. Localbitcoins and now Paxful.
Were can I still find trustable BTC marketplaces which also work with other currencies?
thanks for any help

There are good P2P market that you can use to trade BTC and other coins, you can use Bitget, Binance & OKX.
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Board Trading Discussion
Re: Best exchange to start trading?
by
Bitcoinpoly
on 13/02/2024, 15:12:09 UTC
Up until now I have been just buying and patiently waiting for the bull run but in the last week I have seen 2 altcoins I was interested in pump up 40% in less than 24 hours so want to try make some money and give trading a go.

What is the best site for this in the UK?

I am only going to start with $200 roughly to see what I can turn it into over the next few weeks and months as the market is starting to get very volatile so could be good opportunity to make some extra money which would then mean I can invest more into my long term plays.
That’s a good bold step to take btw. Also as for the right exchange to use, personally I will recommend exchanges that will help you as regard to your trading journey. Exchanges like Bitget and Binance are currently the leading derivative exchanges, though I will recommend Bitget to you because of its features like the copy trading, bot trading and also the Smart portfolio bot; these are tools that will help you in your trading journey.
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Board Bitcoin Discussion
Re: The Relationship Between Cryptocurrency and Traditional Banking
by
Bitcoinpoly
on 13/02/2024, 15:00:15 UTC
Hello everyone a very good day you all.


So, let’s talk about this interesting duo: cryptocurrency and traditional banking. Some say traditional banks are threatened by crypto’s rise, while others think they’re starting to see the potential and hopping on the bandwagon. Either way, it’s a fascinating dynamic to watch unfold. What do you think? Are they destined for a happily ever after or is this just a temporary fling?

Let me know your thoughts on this.
Cryptocurrency has never being a threat to traditional banking, as a matter of fact if banks are smart it should be an opportunity to make more income for themselves. Some countries ban cryptocurrency because of their inability to make provision to help curtail how people launder money with crypto, as time goes on some countries are already unbanning it. Countries like India has a full support for cryptocurrency where an exchange like Bitget is also supporting them with resources for adopting cryptocurrency in the country.
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Board Trading Discussion
Re: Should trading be for the rich?
by
Bitcoinpoly
on 23/01/2024, 16:23:40 UTC
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Personally I don’t believe trading is for only the rich, definitely other people who aren’t rich but knows how to take a good calculated risk can also be rich through trading with time. I will recommend a good understanding of how trading works before anyone starts trading. Also everyone should know that there are exchanges that tries to make trading easy for users so they can make profit and avoid loss, just like Bitget exchange. There are good opportunities to make profit through their copy trading feature either as a rich person or as someone who isn’t rich.