I guess the lack of knowledge, experience, or understanding of the market dynamics effectively can also contribute to the fear of making mistakes but the majority of cryptocurrencies are also trading in losses with some losing up to 7%. According to Coinglass data, the total value of crypto liquidations in the last 24 hours is $129 million. According to Bitcoin's monthly returns chart, BTC has had six "negative Septembers" in a row since 2016. Within these six years, 2019 witnessed the greatest loss of 13.47%, while 2022 losses were relatively lower at 3.12%. However, historical precedent may not predict current outcomes because the crypto market never fails to surprise. In my opinion, Diversifying your trading plans via the adoption of strategies like Copy trading or crypto Bot trading might be worth considering as we await the BTC next leg up.Bitcoin is the most profitable cryptocurrency. But I discovered that in the recent days, the value of the currency has been falling drastically, creating fears in the minds of traders who bought it when it was high.
Here are some common factors that can influence Bitcoin's price:Bitcoin is the most profitable cryptocurrency. But I discovered that in the recent days, the value of the currency has been falling drastically, creating fears in the minds of traders who bought it when it was high.
How does this copy trading works I've been hearing about it...can you tell me more about it air ?there is really a chance to stock up in the middle of all these plunging prices. Even though I occasionally participate in leverage trading and have been stacking for months, investor emotion may have a big impact on cryptocurrency markets. Price increases can result from positive news or mood, while price drops might result from bad news or sentiment. Right now in my opinion is just to continue buying the dip and awaits the bull run. in the meantime when am busy with work i'm exploring the copy trading service on bitget exchange to make some income for myself passively
First you have to register with the exchange, any user may select a seasoned trader to follow, so turning into a Follower, and will then automatically duplicate all of that trader's orders. That's how it works.How does this copy trading works I've been hearing about it...can you tell me more about it air ?
But be aware,if you're choosing the wrong elit trader ,then you're done for . If seen a lot of them at Bitget who just take an L at Bitget by copy trading then blindly blame the exchange!First you have to register with the exchange, any user may select a seasoned trader to follow, so turning into a Follower, and will then automatically duplicate all of that trader's orders. That's how it works.
Also consider CEX's BTC ETF approval! If that happens soon then the possibility of market crash will be disappeared!It seems we might see another bottom at between $20k and $21k with the news of a further liquidation of the remaining FTX assets covering FTT, BTC, ETH and SOL.
I'm gonna wait and see what the bottom will be by the end of September before I continue with my DCA on my favourite exchanges Binances, Okx and bitget
Copy trading is a viable option if you don't have adequate trading skills and you wanna trade. I will suggest you do your dd to chose the best and the biggest copy trading exchange to use. Also consider the following factors when copying any elite trader:How does this copy trading works I've been hearing about it...can you tell me more about it air ?
How does this copy trading works I've been hearing about it...can you tell me more about it air ?
it's worthy but not that much. In addition some of percentage of your profit goes to the trader and remaining will be your net profit.First you have to register with the exchange, any user may select a seasoned trader to follow, so turning into a Follower, and will then automatically duplicate all of that trader's orders. That's how it works.
Also if you select a noob trader to follow, you're doomed.But I have to admit that, the feature is cool ,user just have to be cautious while selecting the elit trader!it's worthy but not that much. In addition some of percentage of your profit goes to the trader and remaining will be your net profit.
The latest news is that Congress is forcing SEC to approve ETF applications so there are chances that ETF's will approve soon.It seems we might see another bottom at between $20k and $21k with the news of a further liquidation of the remaining FTX assets covering FTT, BTC, ETH and SOL.
I'm gonna wait and see what the bottom will be by the end of September before I continue with my DCA on my favourite exchanges Binances, Okx and bitget
Why you have to follow orders just learn trading yourself and do paper trading in the beginning and start trading yourself.Also if you select a noob trader to follow, you're doomed.But I have to admit that, the feature is cool ,user just have to be cautious while selecting the elit trader!
Yeah, I watched that live and I think at this moment, Gary Gensler may have to throw in the towel and approve the ETFs and also drop his witch-hunting of crypto. It's written all over that congress session today haha!!The latest news is that Congress is forcing SEC to approve ETF applications so there are chances that ETF's will approve soon.
This will definitely pump bitcoin so maybe we will see its bullish phase.
Haha! It sounds funny but it's the gospel truth. It has made a good trader bruh but in the midst of these, I tried my best to use trusted platforms with top-notch security like Bitget, okx, among others which have zero incidence of theft. I'd hope of others should tighten their security to curb the rising scams in the Crypto industry.Why you have to follow orders just learn trading yourself and do paper trading in the beginning and start trading yourself.
Don't depend on others, try try again until you succeed, follow this mantra....
Thank you, i was caught up with work for days, so I'm gonna check out the copy trade. Can i get back to you if i encounter any problem?First you have to register with the exchange, any user may select a seasoned trader to follow, so turning into a Follower, and will then automatically duplicate all of that trader's orders. That's how it works.