People run away from cryptocurrency trading because most of them cannot control emotions when getting loss plus there is no solid strategy to get out of a trade when losing.
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BoardBitcoin Discussion
Re: Is it just me or has the entry bar become a lot higher?
by
jakkk
on 21/06/2020, 05:41:49 UTC
Crypto is changing so quickly and you are back after 5 years, which is more than enough time in crypto world. Everything has changed, from exchanges to prices to everything
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BoardBitcoin Discussion
Re: Bitcoin is More Popular Than Traditional Banks
by
jakkk
on 21/06/2020, 05:26:29 UTC
I don't think so that it is the time where Bitcoin is more popular than any of the traditional banks. The reason being bitcoin needs more time to make its worth as an alternate to banks. People must trust bitcoin more to increase its wider spread adoption.
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BoardTrading Discussion
Re: Better trade BTC or BNB? On BINANCE
by
jakkk
on 20/06/2020, 10:09:16 UTC
trading is like a game. there is no btc or bnb in it. you should only focus on charts, nice setups and do trade to get profits
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BoardTrading Discussion
Re: When the US stock market goes down Bitcoin goes down
by
jakkk
on 20/06/2020, 09:50:04 UTC
yes that is true. bitcoin follow stocks, but it should not be like that. when stocks falls money should flow into bitcoin
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BoardBitcoin Discussion
Re: Share your stategy how to grow bitcoin
by
jakkk
on 20/06/2020, 06:19:20 UTC
trading is a good strategy to grow bitcoin but it can be ve difficult, the good way is to keep buying bitcoin with your saving over time.
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BoardEconomics
Re: An interesting case of a widespread misconception
by
jakkk
on 20/06/2020, 05:54:31 UTC
the price will only go up if bitcoin is bought massively, also when massive buying occur more people do not sell so that they can sell at higher prices so sell wall decease and pice go even more up
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BoardBitcoin Discussion
Re: Bitcoin trading in India is on fire
by
jakkk
on 20/06/2020, 05:41:38 UTC
crypto trading is becoming is a great deal. because of its volatility people love it. and big countries like India should encourage see of crypto in eve rightful form.
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BoardBitcoin Discussion
Re: Should we invest in a bitcoin exchange?
by
jakkk
on 20/06/2020, 04:12:54 UTC
thee are too man bitcoin exchanges at this time, people only trust exchanges like Binance that can protect their funds. Even binance got hacked, so promoting your exchange to have enough users (so that you can meet expenses by cutting trading fees) and them securing people funds is an extremely demanding job.
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BoardBitcoin Discussion
Re: Should we invest in a bitcoin exchange?
by
jakkk
on 20/06/2020, 04:04:13 UTC
making an exchange can be easy, but then promoting it to have enough users and securing people funds can be a ve difficult task.
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BoardAltcoin Discussion
Re: Will crypto really go to zero?
by
jakkk
on 19/06/2020, 09:03:02 UTC
cryptocurrencies are here to stay. what we need is some regulations on crypto so that big investors can step in
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(Unknown Title)
by
jakkk
on 19/06/2020, 07:53:48 UTC
very nice guide
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BoardBitcoin Discussion
Re: How would a global recession affect cryptocurrencies?
by
jakkk
on 19/06/2020, 07:41:04 UTC
cryptocurrencies will be surely affected by the global recession and as it is emerging market it will be most affected