Can you make money trading crypto reddit

can you make money trading crypto reddit

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank. You can also explore the Bitcoin Wiki :. Bitcoin Core is the backbone of the Bitcoin network. Almost all Bitcoin wallets rely on Bitcoin Core in one way or. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. You can also use Bitcoin Core as a very secure Bitcoin wallet. Check out his other work. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations.

This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Please make quality contributions and follow the rules for posting. If you meet our requirements and want custom flair, click here. Khan Academy on Bitcoin Free Course. Educational You wanna make money in Crypto? Well read this But as a reminder, here are some thoughts I would like to remind people that are in this game together with us. Do not listen to anyone. Always be skeptical of opinions, no matter how credible or famous the person or organization making the claim. Some of us want to take the easy way by finding someone hyping a coin on the internet.

If you are trying to find the next big coin, and are basing your investment based on other people’s opinions; you will likely not succeed. You have to go out and seek your own investments based on your own research. If you go on youtube, and seek some dude hyping some coin and invest with no facts in your arsenal, you will likely fail. If you invest in a coin because it is popular at the moment, and jump on the hype wagon you will fail. Hyped coins are already likely at a top. It will correct itself, and you may panic sell. Now we know how that worked out, and everyone is making videos and hype about Omise Go. I made nice profit from this investment from my own research.. If you sell because of negative speculation, you may likely fail. The only thing you should believe are facts.

can you make money trading crypto reddit

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This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Please make quality contributions and follow the rules for posting. If you meet our requirements and want custom flair, click here. Khan Academy on Bitcoin Free Course. So why am I reading this? Where is the secret potion that makes me millions overnight while I vacation in my private yacht anchored off the coast of Fiji Islands? Those blogs you read and Videos you saw? They know as much about it as you do. Just like a scammy Indian Godman. You see, we are so lost in finding answers and attaching meaning to random outcomes, that we fail to understand the why. Causality states that worldly agencies, or phenomena through which one thing the cause under certain conditions gives rise to, causes something else the effect. There are a different things that affect every increase in cent of a particular coin or token.

I understand the article title borders on Click-bait, but we could surely earn 1 Million Satoshis in a few weeks from this. I am not advertising my gains or boasting my position, but i guess it counts as some sort of a proof of concept. In fact, most of us lack effective exit planning, often getting shaken out at the worst possible price. Tweet This. Do they call in the middle of the ocean? If your coin does not have a subreddit, Well……stay away from it. What if I told you there is a revolution building out there, much beyond Bitcoin? As an Investor, you should make full use of this and spend a few hours per day just listening away to conversations, arguments, and debates about the best and latest coins out there, as well the scams and red flags that the users find out about. You can either pay the seller by cash or bank transfer.


This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Please make quality contributions and follow the rules for posting. If you meet our requirements and want custom flair, click. Khan Academy on Bitcoin Free Course. Who are the people that are still trading profitably during these conditions.

Welcome to Reddit,

I understand that short selling is profitable but are there any traders following this route who are making note worthy profit during this period? It’s definitely having a bit of luck and skill to an extent IMO as there’s really nothing that makes sense with these constant large drops and bounces. The people who aren’t greedy. They take profits when there are gains. Often partial and in increments. They also set up stop loss orders. This sub also seems to heavily dislike traders, because apparently short sellers and day or swing traders are responsible for price drops, so trading related content is actively downvoted. It also shouldn’t really be encouraged because it still is risky. Whenever TA is mentioned, people scoff at it because they’ve been tainted by all the Nostradamus wannabes posting their shitty predictions in here during the bull run, even though it can be a useful tool in the belt of a trader. It still isn’t something that people new to the space should even thing about, which is what this sub should put more of a focus on.

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