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Showing 20 of 931 results by shawonngp
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Board Trading Discussion
Re: Trading strategies for dual uncertainty of the crypto market and traders’ minds
by
shawonngp
on 19/02/2025, 06:28:11 UTC
Those trader should know when they can buy or sell so that is why they must analyze before they trade. That will eliminate them to buy or sell in a wrong time because they can determine the time they can do action. I don't rely on AI agents to let it analyze but I always analyze by myself so I can see what I can do related to the market situation.

If the market say that the situation is not good, I will skip to trade and just wait for more. I don't have any reason to force myself to keep trade because that can make me in a risk situation.
I never tested how much accurate prediction can give AI agents, so I don't want to trust with AI agents, I am trading with my own strategies, So for that need to research myself. Yes when we see market condition is very bad when definitely we will never entry in the market, but I don't know how AI agents decide it. And when we see good time to start trading then I will buy coins.
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Board Trading Discussion
Re: How to start future trading without losing?
by
shawonngp
on 19/02/2025, 06:10:23 UTC
Hello everyone, i want to start future trading and it is not actually my first time trading, but i have not really made anything from it and have wasted more than $2k on it. I went for classes and even took courses, but still not really getting what i should get in trading. I love SHORT alots and i do look for coins that just got listed so when people start dumping it i can start shorting, but most times it would end up going against me, what can i do now that i am back to trading? And also as a starter here is it possible to get merits?
Your first trade was Future trading? I mean you did not spot trading? why your first priority for future trading, I treated it like gambling because I think it's risks is higher more than gambling, you already lost 2k$ in future trading, don't start it again. I think you should start trade in spot but small fund, then when you can understand and research then trading with your affordable fund.
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Board Altcoin Discussion
Re: Crypto vending machines
by
shawonngp
on 19/02/2025, 05:46:21 UTC
I've never seen it either and it seems like this is very difficult to make happen. buying soda or snacks with bitcoin or popular crypto such as ETH or BNB is very difficult to realize because the prices fluctuate and there are still few people who know about crypto. buying things with your favorite crypto is much more difficult because it is likely that everyone's favorite crypto is different.
Can implement as payment in multi networks because everyone has personal choice to make payment in their favorite coins, like if we buying soda or snacks and we have only two option as like Bitcoin and Ethereum, that's really difficult to many peoples, because transaction fees will be higher than your buying products price, so need less fees payment method.
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Board Trading Discussion
Re: Active Trading and The Opportunities In It
by
shawonngp
on 19/02/2025, 05:35:18 UTC
and do not mind those who says that trading is hobby, is just like saying they love losing money because we can also refer trading as gambling and you know what gambling is. You can easily lose what you use in gambling or trading, therefore whatever amount you are using for trading should be equivalent to what you can afford to lose.
I agree that a trader should use the amount of money that he can afford to lose to trade but I do not agree that we can refer trading as gambling. Trading and gambling are completely different but their risks are similar because most traders do not know how to trade but have greed and doing trading like gambling.
Yes, If fund is small amount in trading, lose also will be low, beginners should start trading or gambling with small capital, it's less risk. Also expert traders also use affordable amount in trading. Mostly beginners bought wrong coins with big amount of fund even at high price. Trading and gambling risk is almost same but both of different.
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Board Trading Discussion
Re: Beginners mentally about trading
by
shawonngp
on 19/02/2025, 05:02:18 UTC
Beginners are attracted to trading because they dream of getting rich without doing any actual work. They like to gamble for the same reason. They want to get rich quick. They don't want to put any real effort. People who go to work every morning are not smart according to their thinking.

Think about it... To make trades all you need is a cell phone with an internet connection and just like that you can start making money right away on binance. Why go to school? Why have a job?  Tongue
Newbies traders thinking trading is too easy, there are no hard work, no analysis, no need to spend lots of time, they just bought some coins and those coins price will up then they sell with high profits, even they don't care about trading risk before they lost anything. Without effort they want to rich in the trading.
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Board Altcoin Discussion
Re: What's the cringiest crypto project you've head about?
by
shawonngp
on 19/02/2025, 04:52:31 UTC
I mean projects like SpankChain or Cthulu (FHTAGN). Project that make you think "stop, what? realy?"

I'm writing the article about ICO era and cringe it has brought in our world. What's the cringiest crypto project you've head about?
ICO era is ended long time ago, but still I can not forget some ICO project although those was looks bright but those was failed, and many investors was lost lots of money, actually I think in that way ICO era was ended because a lot of SCAM projects, So many shit projects I have been seen in ICO era.
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Board Altcoin Discussion
Re: Tapswap Finally getting listed: Will It Be a Dust or Gold?
by
shawonngp
on 19/02/2025, 04:42:36 UTC
When TapSwap will exchange listing? I worked in tapswap for 2 months first time it was free to every user but when they see other project is paid then tapswap require to spend TON to boost your rank, but suddenly they stopped their project, now after long time they are back, market is bearish and other thing is mostly TON project going down, I don't hope with Tapswap.
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Board Trading Discussion
Re: Is it okay to trade without a source of income?
by
shawonngp
on 18/02/2025, 05:19:46 UTC
Only trading can't be a source of income, source of income means you need to earn a fixed income because you have to cost money in everyday/week/month, so  you have to make sure about fixed income source otherwise you will face many problems in your daily life. You should join in a job where you can make a fixed money, then trading.
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Board Trading Discussion
Re: Don't day trade, you're going to lose your money
by
shawonngp
on 18/02/2025, 05:10:39 UTC
~Snip~
Talking about point number five , there's no guarantee of success in any type of trade be it swing trade or day trade, there are people who become successful from day trading while others achieve financial stability through swing trade. It all depends on you as a trader, first of all you must be very decisive of what you want. If you want to be a day trader then look for ways to master your skill set and you can do that by always running back test, strategy development and perhaps participating in a mentorship class. The only thing required of you is discipline and consistency.
While trading can make you money but it is only the investment that will make the life changing money. There is no comparison of trading with investing and one should focus on investing too while having the trading fun all long.

Trading can be further  classified as swing trading, day reading or scalping etc. I think the most profitable is the swing trading while the most difficult is the scalping which is made only for the advance traders or who has lot of time to spend in front of the screen.
I know so many people that are making real money from trading and what they do sometimes is to use a large part of their profits to invest in other sectors as a hedge. Some buy invest in real estate, some buy cryptocurrency while some also do several other types of businesses. This does not mean that the money will stop coming from trading, they just have to diversify so that whatever happens, they will always have funds to run their lives. You see, trading is not all that bad as most of you think, it still come down to the level of knowledge and discipline you have.
Yes, we need to diversify in our investment, i would not like to invest in only cryptocurrencies, because this will not always give good profits, beside trading we should focus on as like house rent or realstate investment and to build different business then it's out come will be great.
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Board Trading Discussion
Re: Solana Memes how to find best ones and no ruggs few things here
by
shawonngp
on 18/02/2025, 04:58:08 UTC
It depends on a few factors, such as which exchange or trading platform you're relying on, how frequently you explore the market, meme ownership, etc. Most of the time, I have noticed Bitget is associated with potential listing and lucrative memes like TRUMP, MELANA, WIF, etc., early before any other exchanges to spot it and that gives an additional advantage to interested traders.
I have observed most of the time bitget exchange is looking forward to list Ton blockchain project, they list every tap to earn project coins, and I see mostly Ton based coins investors in there, Wif, Trump and Melana those of hype coins got listed very fast in various exchanges.
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Board Trading Discussion
Re: Is trading digital assets (crypto and Forex assets) an investment or a gamble
by
shawonngp
on 18/02/2025, 04:44:57 UTC
I am not agree with your opinion, crypto trading and gambling a bit different but both have high risks, because if you bought a project altcoin then it can go down at any moment, and it's can also huge up at any time, on the other hand gambling is also big risks, your uncle is 80% right predictor but it seems not guaranteed profits, 9 to 5 job workers have enough time to research about market.
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Board Trading Discussion
Re: panic sell in trading
by
shawonngp
on 18/02/2025, 04:36:25 UTC
panic sell in trading this always happen not just in crypto but on every investment instrument that I know including stock and even a mutual fund, I know that one people and the other had different risk but if you hold a good coin like bitcoin or blue chip stock like apple you can wait for some moment or do DCA and in the long run is still gonna profitable
In crypto trading, panic sell often occurs when there is a big correction in the crypto market in general, even though before someone enters into trading or shares, they already know that there is a high risk. The best assets in crypto are holding on to Bitcoin and Ethereum. That's my opinion. The important thing is not to be too ambitious about making big profits, prioritize entering at the right time, if there is a correction, don't panic sell. Any investment in the long term will be profitable.
Long term investment is of course profitable, all of the investors well know that but I think mostly panic seller are big investors because their risk is also big,
when market is going to start a big correction then those are start selling their coins in losses. Bitcoin is the great investment, but need to hold it very long term.
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Board Trading Discussion
Re: Beginners mentally about trading
by
shawonngp
on 18/02/2025, 04:24:48 UTC
The heavy promotion of trading on some social media accounts that tell you that you can make thousands of dollars from trading is what makes many people believe that trading is easy, and unfortunately companies exploit some influencers to deceive investors and thus use the platforms. Some profits can be made from trading, but it will definitely not be a full-time job, but rather to enhance your investments.
Sir I agree with you, in my country i see some financial institution promoting they launching a trading course which is paid and if anyone enroll with it, they will master in trading and can earn thousands of dollar with some investment. But innocent peoples are going to enroll and losing their money.
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Board Trading Discussion
Re: How to improve in trading this 2025
by
shawonngp
on 18/02/2025, 04:18:28 UTC
End of 2024 was great for Bitcoin because BTC was hit all time high 1,00000$, but you can't say that 2024 was amazing year for altcoins, even after such BTC improved but there are no significant growth in altcoins price if comparing Bitcoin price. Bitcoin still very expensive but altcoins are dumping.
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Board Trading Discussion
Re: Should I Get a Loan?
by
shawonngp
on 18/02/2025, 04:12:50 UTC
What I see about bitcoin is its gonna bounce between 100-110k to 80-90k for a long time (at least until Trump takes over). I have an option to take a 2.8k $ loan from a bank and pay 3.4k $ in 8 months. (I'm gonna start paying it after 2 months so you may assume its 6 months). Should I get that loan and make 3x - 5x margin trades on Bitcoin with this strategy? I really appreciate your help. Take Care.
Securing a loan for trading is first of all a very bad investment. From my personal experience, 2020 when I was introduce to trading, after seeing all the opportunity in  trading after 3 months of learning I loaned money from my elder brother and promise to pay back is 3 months time. I loss all the money. And I was not able to pay back. I have to look for another means to pay back the money. Considering the emotional and psychological aspects of trading it is not advisable to take a loan for trading.
from experience, borrowing money to trade puts you under pressure that is enough to push you into losses. regardless of how certain you feel the trade can go, if the amount you are using is not something you can afford to lose, it is not advisable to make that kind of gamble on it. if getting profit from trades was easily like that, people would have been cashing out really big from trading. getting a loan for trading is just like taking a lone to gamble, the risk out pass the potential gain.

Yes taking loan to start trade it seems you borrowing money for betting, because you know trading is not something like that profit guarantee is 100%,
so I don't know why peoples are getting loan for trade, because they are greedy, they want to make their money 2x-5x at overnight.
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Board Trading Discussion
Re: Should I Get a Loan?
by
shawonngp
on 11/02/2025, 05:23:29 UTC
What I see about bitcoin is its gonna bounce between 100-110k to 80-90k for a long time (at least until Trump takes over). I have an option to take a 2.8k $ loan from a bank and pay 3.4k $ in 8 months. (I'm gonna start paying it after 2 months so you may assume its 6 months). Should I get that loan and make 3x - 5x margin trades on Bitcoin with this strategy? I really appreciate your help. Take Care.
Securing a loan for trading is first of all a very bad investment. From my personal experience, 2020 when I was introduce to trading, after seeing all the opportunity in  trading after 3 months of learning I loaned money from my elder brother and promise to pay back is 3 months time. I loss all the money. And I was not able to pay back. I have to look for another means to pay back the money. Considering the emotional and psychological aspects of trading it is not advisable to take a loan for trading.
Such some incident happened in my trading life also, even my crisis was very critical because it was a bank loan and i can't pay it their required time, they pressurize to pay it but i lost everything in my trade so it's big wrong decision if someone will take loan for trading, it's risky investment and no profits guarantee. so how you will pay loan in monthly or weekly?
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Board Trading Discussion
Re: Don't day trade, you're going to lose your money
by
shawonngp
on 11/02/2025, 05:17:34 UTC
honestly day trade is so random in term of profitability, nobody can guarantee whether you gonna lose your money or make profit, it is at the end of the day comes down to statistic and as of now 90% of trader are losing money, doesn't mean all losing money, if you got the edge you might become the remaining 10% who is profitable.

basically it depends on you and your trading ability, like any other activity, even arbitrage has chance of losing, doesn't mean everybody is losing though.


I think that you could express a best opinion in your comment. So I am also agree with your prefer comment. We also know that short term trading is very risky for any person. If we will be a new traders it will be very risky, because we can not understand suddenly what do we should in cryptocurrency trading. But if we follow in long term trading, it will be very helpful for us. Because when we start long term trading, then we can decide what should need in this time. So I think that we should trying to understand in cryptocurrency trading and need to acquire knowledge in cryptocurrency world, then we can earn best profit from cryptocurrency market.
Expert traders would like to short term trading, they are mostly comfortable to day trading i know some people, long term trading boring for them, they want to make profits in daily, but even expert traders can not make profits in consistently it's impossible, because they don't know what happen in the next after bought a token.
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Board Trading Discussion
Re: What do you do when your tades go against you ?
by
shawonngp
on 11/02/2025, 05:05:37 UTC
Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
When I have a bad day, I consider taking a long vacation. A few weeks ago, I lost the money I had made trading for 7 days in just 1 day. I couldn't control myself and lost all my profits in the recovery plan and my head was not working. Then, as per my friend's plan, I took a vacation of about 7 days and tried to clear my mind which was completely beneficial for me. From there, I was able to get back on my feet and trade happily. I think a trader should make a monthly schedule where 1/4 of the time should be reserved for vacation. Mental health plays a big role in trading. If you are mentally confused, your chances of losing increase.
In trading their are days for profit and their are days for loses too, and it is important for traders to know trading is all about gain and lose, when this understanding is there about trading, when one loses money in trading it won't  be any problem for one to start feeling sad and thinking of how to recover money that was lose back.

 When one is having a bad day in trading it is better to just have a break, for good reasons because trading loses can be stressful. Another reason why I think taking a break in trading is also important is to analyze and to reflect on mistakes.  Trading can be unpredicted,  it is still positive for one to continue to experience lose after several loses, taking a break is the best decision for trading.
Very good advice i know from you. If a trader a lost significant amount in trading then definitely will be disappointed for loses, and can't forget an easily, i am regretting my last loses in trading but i am taking a break from trading and when i feel good and find out my mistakes then again i will come back in trading.
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Board Trading Discussion
Re: Don't join trading under pressure
by
shawonngp
on 11/02/2025, 04:56:16 UTC
Trading should be treated as a skill set in the sense that you must learn the rules of trading and also follow them, isn't something you would embarked without proper knowledge or the right education or go into out of peer pressure, that's because you see people go into trading and you want to start trading without the proper knowledge and the skill to trade. Trading is a game for professionals trader and if you want to trade profitably you must get yourself equipped with right information necessary to start the journey.
Your advice on trading is very important. Trading is a source of earning money for those who have more money. It is risky for small traders but if you want to do it through small purchases then you should wait for more time and practice more on the market fluctuations. The alternative to trading practice is that you have to practice more. Currency selection process and buying regularly is a short term trading strategy. Setting your trading skills with the market reaction with small amount of money.
You have huge capital or small capital that doesn't matter if you are interested to start trading with enough trading knowledge, but if its like that you have good capital and you are able to invest huge money but you have zero skills so end of the output is nothing, but if small traders have good knowledge he/she can make good profits in long term.
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Board Trading Discussion
Re: Trading and emotional control
by
shawonngp
on 11/02/2025, 04:49:19 UTC
Just try and work on your emotional no matter what it will cause you op and you will start making it from trading, I know is very difficult to control emotions when you are eager to make income from trading because you will like to trade with huge amount of funds that will make you to share tears when you lost in the trading, Trade what you can afford to lose in trading and it will help you to stay in trading so long either gaining or losing in trading.
Especially who's started trade with huge amount, when emotion is big factor, you can't control your emotion it will be very difficult, because your capital is big, if it will lose then you could be depressed so i would like to start trade with low capital, it it lose then i will not be highly affected for losses it's my own strategy.