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Showing 5 of 5 results by Rozzinator
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Board Trading Discussion
Re: Trading advice for newbies
by
Rozzinator
on 08/01/2024, 13:31:44 UTC
As I understand, a house-edge is involved in gambling, hence the odds, whilst not stacked against you, are perhaps less favourable in comparison to trading. That said, if you look at something like leveraged margin trading or perpetuals, the risks can be a lot greater in trading!

Quote from: Sanugarid on January 06, 2024, 12:30:19 AM
Quote from: Bitcoinpoly on December 05, 2023, 12:07:39 PM
New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

It's true that gambling is very different from trading, gambling is more about reducing or wasting money, you need luck in gambling to win. In trading you need skills, strat, understand well etc. The only thing they have in common is High risky. Being greedy is in people and it will never go away.
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Topic
Board Trading Discussion
Re: Marginly x Ramses Trading Competition -> $50K of prizes on offer.
by
Rozzinator
on 08/01/2024, 12:19:56 UTC
We're already 4 days into the Ramses x Marginly Trading Contest, with $50K in prizes up for grabs for traders on ARB/USDC and ETH/USDC pairs!

Traders entered the contest with a bullish outlook on ETH, but things cooled down over the weekend. A similar sentiment was observed for ARB. With the impending bitcoin ETF decision looming, this week could be a game-changer for both assets!

What are your predictions for ETH and ARB this week, traders? Will it be a long or short position?
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Topic
Board Trading Discussion
Marginly x Ramses Trading Competition -> $50K of prizes on offer.
by
Rozzinator
on 04/01/2024, 18:16:50 UTC
📢 The Marginly x Ramses trading competition is now LIVE!

🏆 Compete from Jan 4th to Feb 1st for a chance to win a share of the $50,000 prize pool.

Join the competition 🔗 https://ramses.marginly.com/arbitrum/trading-contest
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Topic
Board Trading Discussion
Re: Have you checked out Marginly? Just launched on Arbitrum
by
Rozzinator
on 03/01/2024, 10:29:25 UTC
As for the markets available on Marginly so far:

ARB: continued moving higher in Asian session, don't see any opportunities now.
ETH: lagging behind ARB, struggling with 2400 level, while forming a good setup on 1H TF for uptrend continuation. Looking for longs from the current level (~2380), with the stop below 2360 and target around 2440.
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Topic
Board Trading Discussion
Topic OP
Have you checked out Marginly? Just launched on Arbitrum
by
Rozzinator
on 02/01/2024, 16:41:42 UTC
Have any of you guys checked out Marginly? It just launched on Arbitrum.

Marginly is a novel leverage protocol that enables margin trading where it was never available before, offering users up to 20X leverage and empowering DEXs to tap into new functionality, enhanced liquidity, and higher trading volumes by serving as a margin trading and derivatives layer on top of AMM liquidity.

They've just launched a new YouTube video which showcases the app here -> https://www.youtube.com/watch?v=rFZE8TtAuzo