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Showing 20 of 44 results by Leebabe
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Topic
Board Trading Discussion
Re: The sole difference is capital.
by
Leebabe
on 25/11/2022, 08:27:09 UTC
Capital is a major part of trading but not the only one. It in fluences the profit that comes in the loss that may occur when the market is very poor. Huge capitals attract huge profits when the bull is present, but when the bear is around the corner you smell a great loss if greed sets in. But in the end of it all, whether you're in profit or loss the point is try not to ever lose your capital. That's the most hurtful part of it all
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Topic
Board Bitcoin Discussion
Re: What Happens to Our Bitcoin and Other Assets If We Die?
by
Leebabe
on 29/10/2022, 06:11:54 UTC
They simply die with us if there's no other person that has access to them. In most cases it's pretty obvious that people don't have access to whatever crypto currency we possess because of the safety of these assets, trying to prevent them from being stolen so we choose not to share the access with anyone even to the point of family members. So If no one knows about it then it becomes lost the same way we lose these cryptocurrencies whenever we lose our recovery phrases or any other means of getting them again
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Topic
Board Trading Discussion
Re: How can all (or most) cryptocurrencies rise and fall at the same time?
by
Leebabe
on 19/09/2022, 21:26:01 UTC
BTC seems to be a big influence on the cryptocurrency market that when it goes up others follow suit as well as when it drops. Also those buying the crypto then to hold and hold all at once and those who sell also are likely to sell all at once so this definitely affects the rise and fall of cryptocurrencies
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Topic
Board Trading Discussion
Re: Every "Bitcoin is Dead Headline" is a Buying Opportunity
by
Leebabe
on 11/07/2022, 04:42:18 UTC
It's always a common thing for people to say Bitcoin is dead but they fail to realise the opportunity that comes whenever there's a dip. But again it's also a big loss for people who already bought high, especially those who don't have extra capital to reinvest when this kind of opportunity comes . So we need to have the mindset that bitcoin can't continue to go up and up,at some point it definitely has to drop. It's how the system works,it comes with risks, profits and losses. We just need to understand it better to reduce our losses and get more profits
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Topic
Board Trading Discussion
Re: Alt coins are About to pump again!
by
Leebabe
on 28/06/2022, 11:53:14 UTC
Again, your predictions might be right but one can't really say it is the bottom. When we make conclusions based on a particular coin’s movement of recent. And ALTs take a lot of time too, usually after BTC has done some fast moves
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Topic
Board Trading Discussion
Re: What is P2P Trading? How does it powers the Crypto's backbone blockchain?
by
Leebabe
on 24/06/2022, 12:40:52 UTC
Hmm... It is a decentralized form of trading where people transact  directly with each other. Peer-to-peer trading has never been an option for me though since I started trading. Honestly it scares me even though it's being used by a lot of people.Of course people are also scammed through it 
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Topic
Board Trading Discussion
Re: Do real traders care about bear & bull market?
by
Leebabe
on 22/06/2022, 17:27:15 UTC
This are very critical and important seasons in the crypto world. They are both opportunities in their own way so every trader, be it experienced or newbie much pay attention to which season is present at all times. This would enable them to strategize properly to make more profits and avoid too much loss because profit and loss is part of the market
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Topic
Board Trading Discussion
Re: You don't need to hodl a particular coin all your life
by
Leebabe
on 22/06/2022, 07:01:15 UTC
To be able to hodl is never an easy task. It could be profitable and at the same time be a disaster. Right now I'm regretting why I held on to a particular coin for too long even though it got me some profit initially. One needs to understand how to hodl works
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Topic
Board Trading Discussion
Re: Enter the market with a loss mindset~what you can afford to lose
by
Leebabe
on 18/06/2022, 12:24:18 UTC
Very true. Go in with what you can afford to lose or let go. It helps a lot thats why everyone is encouraged to in with a certain level of experience or training as well as not having the get rich quick mindset. Fluctuation in the market makes predictions difficult to get it right so it is advisable to take profits even though it can be sometimes difficult to do that
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Topic
Board Trading Discussion
Re: Dubai: FIVE Hotels Unveils Support for Bitcoin and Ether Payments
by
Leebabe
on 17/06/2022, 18:27:27 UTC
This shows that cryptocurrency is the future. But does this topic fit into the 'Trading Discussion'?
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Topic
Board Trading Discussion
Re: Bottom For Bitcoin?
by
Leebabe
on 16/06/2022, 14:52:54 UTC
No one can perfectly predict the exact bottom for BTC but there could be very close predictions. Also knowing the best time to buy isn't certain .It could get to $15k though. In the end you'd be the one to decide on the risk to take
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Topic
Board Trading Discussion
Re: BTC (or crypto in general)
by
Leebabe
on 15/06/2022, 14:29:12 UTC
Cryptocurrency is the future despite showing how unstable it can be in recent times. It is a work in progress even though it has made a lot of people today rich and very rich. With an unstable economy comes unstable market. The bear is here but the bull would definitely surface again.Getting BTC is a good idea but be able to hodl because it would definitely go below your entry point before the bull season comes
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Topic
Board Trading Discussion
Re: How to profit in this current market
by
Leebabe
on 14/06/2022, 05:51:19 UTC
As things are in the market, staying away from the market for a while and observing is also a form of trading while trying to find a better strategy for such a bearish season even though there's no profit or loss.
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Topic
Board Trading Discussion
Re: Trading's best coin
by
Leebabe
on 13/06/2022, 23:06:54 UTC
At the moment coins are difficult to refer as being the best to trade with. But in the end one could still say BTC is the best due to its ability to bounce back with greater speed compared to alts.
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Topic
Board Trading Discussion
Re: Cryptocurrency Huge Down from ATHs. what will happen the next ?
by
Leebabe
on 13/06/2022, 16:45:54 UTC
The market is bloody. We don't even know what part or year of history is repeating itself. Hopefully this might just be a sign to the end of the bearish season.Buy all you can if you have the funds but also know that not trading at the moment is also a form of trading especially for those who have their funds stuck in other alt coins , even in BTC. Alts do not respond immediately like BTC but will respond with time
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Topic
Board Trading Discussion
Re: The market is confusing
by
Leebabe
on 13/06/2022, 09:59:10 UTC
Truly the market can really be confusing whether you're paying attention to what is being said by people or to what you believe is correct and profitable for you. Having a perfect reliable signal is never easy and it's hard to sometimes stick to a particular one because others would also come up with more enticing signals that can make you lose focus in the one that you've been using. Again, the very day the signal you concluded to refer to as "reliable" suddenly fails you once or twice you'd start looking for better ones which might even be worse than your previous one. So in every market there would always be risks as well as trial and error that might be favorable for a while but disappointing sometimes
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Topic
Board Trading Discussion
Re: Is Forex trades is a part of Crypto Trade?
by
Leebabe
on 12/06/2022, 08:55:02 UTC
Normally they both share certain similarities but I'd mention one. They both have to do with trading currencies. Forex trading deals on trading one fiat currency for another hoping that it rises in value, same way crypto trading deals on buying and selling of digital currencies but this time in crypto currencies only which could later be converted to get profit.So one could say that they're similar but different 
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Topic
Board Trading Discussion
Re: The Legendary Forumla of Dip = Opportunity
by
Leebabe
on 11/06/2022, 12:29:22 UTC
Every dip is an opportunity no doubt but then aside the fact that people are scared of taking risks at the right time and start asking certain questions as to when to buy or when to sell, it would be good to know that the dip in most cases favors those with funds and not those with little. When your capital is already invested in crypto and a sudden dip comes in, people become caught up in the point of "should I sell now "?. So it's either they take the little profit at the time and not become greedy or they sell at little loss instead of hoping and hoping that it would go back up. They could also hodl but for those with a lot of funds they could also hodl and at the same time buy more when it dips. So every dip is an opportunity but it mostly favors those with enough funds
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Topic
Board Trading Discussion
Re: The Easiest Way For New Traders To Profit From The Crypto Market
by
Leebabe
on 11/06/2022, 08:05:20 UTC
Is there any such thing as "the easiest way"? ...i mean all the ways are difficult in their own little way. We'd all be millionaires or billionaires if there was such a way. No doubt some ways are more difficult, sometimes you have to put in a lot of work depending on some strategies being used. So definitely training or experience is needed for a newbie anyway
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Topic
Board Trading Discussion
Re: How to avoid crippling losses when trading?
by
Leebabe
on 10/06/2022, 20:46:50 UTC
Do your own thorough research and never go all in. Different strategies exist that could work for some persons and won't work for others but the use of stop loss could go for everyone, for it may be a universal strategy