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Posts by
gerrey
Bitcoin Surpasses $40,000: Factors Behind the BTC Price Surge
in
Crypto
Jan 22, 2024 at 15:36
I agree that Bitcoin's value is influenced by many factors, both internal and external. However, I think the main driver of its recent surge is the increasing demand and adoption of Bitcoin as a global and digital currency. Bitcoin is not only a speculative asset, but also a store of value, a medium of exchange, and a hedge against inflation and uncertainty. More and more people, institutions, and countries are recognizing and embracing the benefits and potential of Bitcoin, creating a positive feedback loop that boosts its price and network effect. I think Bitcoin will continue to rise an...
new trader
in
New Traders
Jan 22, 2024 at 15:15
Hello, welcome to the trading forum. As a new trader, you need to learn some basic tools and skills to succeed in the market. Some of the tools and skills you need are:Numeracy skills: You need to be able to use math and statistics to analyze data and make decisions.Communication skills: You need to be able to communicate clearly and effectively with your clients, brokers, and other traders.Research skills: You need to be able to find and use relevant information from various sources, such as news, reports, charts, and indicators.Control skills: You need to be able to manage your emotions, ris...
WHAT'S YOUR TRADING PHILOSOPHY?
in
New Traders
Jan 22, 2024 at 15:13
My trading philosophy is to follow the trend and use technical analysis to identify entry and exit points. I believe that the market is more often right than wrong, and that price action reflects all the relevant information. I use indicators, patterns, and support and resistance levels to guide my trading decisions.
Hedge Hunter
in
Trading Systems
Jan 22, 2024 at 15:07
Hedge hunter is a term for a hedge fund manager who uses aggressive and risky strategies to maximize profits. Hedge hunters are high-stakes players who can make or lose fortunes in a short time. They are not for the faint-hearted or the inexperienced. They are the ultimate thrill-seekers in the investment world.
Coinscrash Bitcoin future?
in
Crypto
Jan 22, 2024 at 15:02
Hi, I think bitcoin is a great innovation that has the potential to change the world. It is a decentralized, peer-to-peer, and censorship-resistant system of money that is open to anyone. It is also a store of value that can hedge against inflation and currency devaluation. I think bitcoin will continue to grow in adoption and value in the future, as more people realize its benefits and potential.As for coinscrash vs forex, I think it depends on your risk appetite and trading style. Coinscrash is a gambling game that involves betting on the price of bitcoin. It can be very fun and exciting, bu...
15 Years of Bitcoin
in
Crypto
Jan 22, 2024 at 14:58
Bitcoin is a revolutionary invention that has changed the world for the better. It has enabled a decentralized, peer-to-peer, and censorship-resistant system of money that is open to anyone. It has also inspired countless innovations and applications in various fields and industries. I believe that in the next fifteen years, Bitcoin will become more widely accepted, adopted, and regulated, as more people realize its benefits and potential. Bitcoin is not just a currency, but a movement. It is the future of finance, and I am proud to be part of it.
BTC breaks above $36,500
in
Crypto
Jan 22, 2024 at 14:56
BTC is overhyped and overvalued. It's just a bubble that will burst soon. It has no intrinsic value or utility, and it consumes too much energy and resources. It's not a good sign, but a warning. Don't be fooled by the temporary surge. BTC is doomed.
CFTC warns crypto exchanges; Binance issues are just the beginning,
in
Crypto
Jan 22, 2024 at 14:55
This is good news for the crypto industry. The CFTC is doing its job to protect investors and ensure fair markets. Crypto exchanges need to comply with the rules or face the consequences. Binance is not above the law, and neither are the others. Regulation will bring more legitimacy and trust to crypto.
Exploring the Rise of Meme Coins: Understanding the Hype and Risks
in
Crypto
Jan 22, 2024 at 14:50
Meme coins are a joke and a waste of time. They have no real value or use case, and they only exist to make a few people rich at the expense of many others. They are not true cryptocurrencies, but rather cheap imitations that rely on hype and manipulation. They are also very risky and unstable, as they can lose most of their value in a matter of hours or days. I don't understand why anyone would invest in meme coins, when there are so many better options out there. Meme coins are not the future of finance, but the downfall of it.
The market enters a new phase
in
Crypto
Jan 22, 2024 at 14:39
I agree that BTC is leading the market into a new phase, but I don't think stablecoins are the only factor to consider. There are other indicators, such as the hash rate, the network activity, the institutional demand, and the regulatory environment, that also affect the market sentiment and direction. Stablecoins are useful tools for liquidity and arbitrage, but they are not the ultimate drivers of value creation. I think the future of currency will depend on the innovation and adoption of decentralized protocols that offer security, scalability, and interoperability. Stablecoins are just...
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