bluemac
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Miners consume electricity and other resources too while i guess this may inefficient now however trading is more lucrative these days to make more money within no time. I also noticed that many brokers like hfm now allowing btc cfd trading.
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Monetary prizes are also boost morale and helps trading with more confidence in my opinion.
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Scalpers only wait for the right time to make their profits as the market moves sharply including volatility on news release. This broker allows trading during the news release.
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⭐ nadjib reacted to a post in a topic:
Will Bitcoin hit 100k?
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I think it might become a rare element like diamond or gold however it is just my assumption but maybe it comes true.
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The newcommers lose money because they come with a mindset of becoming rich right over the night after joining this industry. They do not cater trading as a business and treat it like casino to push buttons to make money.
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I guess the forex trading is better than the binary option trading in my opinion.
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I see with binance and coinbase evolution, there are many brokers like lmfx who started offering spot digital currency trading and some like hfm also offer bitcoin cfd trading too.
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Introduction To Online Forex Trading
bluemac replied to StefGrig's topic in General Forex Discussions
We need to check the broker which is regulated and also have some positive reputation in the market besides other factors. -
We can buy bitcoin on the sites like binance, crypto.lmfx etc however we can trade them on many forex brokers like hfm, xm, exness, lmfx etc.
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Bot that makes cryptos free without investing anything
bluemac replied to indo909's topic in Cryptocurrencies
I have assumed so far that there is nothing free in this world however the only way to make money is to learn trading and invest in it which can yield guaranteed results rather than investing money or time on any other venture. -
Education is a must have in trading and i also have noticed that most of the brokers like hfm etc are investing in traders' educational awareness programs as well.
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Limit orders are good however when it is much needed i also use market orders to buy or sell if necessary.
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The traders job is to manage all the risks associated with their trade enteries and exit in profits.
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The statistics on their website has good number of traders with much handsome trading results which shows traders interests in demo trading tournaments in my opinion.
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Similar to the trailing stops we can also exit through taking out partials and closing the risks associated with our trades.