Mar 25, 2020 09:15 PM
(This post was last modified: Mar 25, 2020 09:16 PM by CyberError.)
which one you should learn ? and why ?
am not really into trading , literally don't know much about trading, but still have basic knowledge , but just wanna know from you guys that which one i should be learning? and why ?
Stocks, the cryptomarket is kind of irrational market, nothing much to learn there and even if you do learn something, it will be pretty much useless (except bitcoin)
When you study stock market, you go through fundamental analysis, reading statements, economy, economy news, etc < - much more valuable information in the real world
*I've studied both.
SHUT UP ABOUT BITCOIN
Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it.
The Broker,
Mar 26, 2020 10:58 AM
(This post was last modified: Mar 26, 2020 11:00 AM by The Broker.)
(Mar 26, 2020 10:23 AM)Fictional Wrote: Crypto trading and stock trading is pure speculation in the end. Analysis and reading statements, news apply to crypto too. It's even embedded in the price as we have seen before.
I think that if you are interested in the technology of what crypto currencies have to offer you can learn a lot. Please go and learn about what the currencies do and their roadmaps and try to learn from that instead of just trading, learning about the technology is ten times better than learning to trade cryptos. It can even get you a job and is more valuable, also by knowing how the technology works and what is happening you can time the market too and easily make money. Knowledge and skills are always better than knowing some speculative market.
And that’s what I meant
Stock market had much more to offer in terms of simple knowledge than crypto, because in crypto there’s only 1 real thing which is bitcoin, and anything else is most likely a scam / another attempt to make quick buck with pump & dump
If you’re interested in technology, go study computer science / take some online course.
P.S. I don’t trade, I don’t know how you have found anything related to trading in my post.
SHUT UP ABOUT BITCOIN
Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it.
The Broker,
(Mar 26, 2020 11:17 AM)Fictional Wrote: No, everything else isn't a scam if you know the technology that is backed by it and that the developers of such technologies are doing a good job. A lot of the 'alt-coins' that I'm invested in are far more valuable than Bitcoins itself, even the technologies that Bitcoin may introduce in the future may come from other crypto currencies.
For example I think that Bitcoin Cash has a way better solution for scalability than Bitcoin has currently, I'm not gonna go into details of BIP-91 or Lightning network. But it's what I think, sure Lightning network may be a solution for scalability, but it isn't implemented by all the nodes currently or used. We have security currencies that are far better than Bitcoins such as Monero, which has great technologies embedded in their crypto currency for privacy. There are currencies like EOS that offer scalability through IoT-devices with zero transaction fees. And lastly don't get me started with Ethereum and the possiblities it offers to the crypto world.
With research you can find great coins that isn't bitcoins and if you believe in the technology and what it can offer the world then the ones I mentioned aren't a quick buck with pump & dumps.
I know that a lot of currencies have been p&d, and it is sad that people see the cryptomarket as a way of making a quick buck. But what it holds for the future is far more valuable.
I care less about the tech in the crypto world, I am into crypto and into bitcoin because of the monetary policy.
Bcash is a pile of crap compared to btc, read The Bitcoin Standard if you want to understand why.
Yeah many sh itcoins have brilliant technologies behind them, but they’re solutions to non existing problems, and are not needed and will never be implemented in the practical world. As I see it right now only 5-10 cryptos will remain for long term out of the 2k+ on the market.
“You can’t understand bitcoin if you don’t understand money”
People don’t invest in bitcoin because it will let them send money overseas quick & much less fees.
SHUT UP ABOUT BITCOIN
Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it.
The Broker,
I have done both, crypto market would be best if the exchanges were not shady.
If there were liquid decentralized exchanges I would be trading it more.
But I do like options, futures & variety so stock market is what I spend more of my time on
I buy Amazon Gift Cards & Crypto for CashApp. PM me if you're selling
(Mar 26, 2020 11:37 AM)Fictional Wrote: No these shitcoins are the solutions to problems Bitcoin has too. Bitcoin is not sustainable, do you think miners make their money from transaction fees? It's not even a fraction of what they get for the costs of upkeeping a mining node. What solution will Bitcoins introduce once the 21M bitcoins have been mined? Are nodes gonna have the incentive to continue their operations when it's no longer profitable to be a node? That's the question and some of the solutions are already implemented in shitcoins. Don't underestimate the technology.
BCash is not trash, I think that Bitcoin ABC has done a good job so far with it! You’re talking about 2140 mate we’re in 2020 to remind you
Back in 2017 bitcoin almost crashed when there was higher volume than usual, a year later bitcoin could sustain the same and every higher volume without a problem. Let the tech development speak.
SHUT UP ABOUT BITCOIN
Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it.
The Broker,
(Mar 25, 2020 09:15 PM)CyberError Wrote: which one you should learn ? and why ?
am not really into trading , literally don't know much about trading, but still have basic knowledge , but just wanna know from you guys that which one i should be learning? and why ?
I do both but I only do crypto on some of the larger coins such as Bitcoin. It's too unreliable for my taste. Stocks seem to be more stable.
My hat used to be somewhere along the border of being grey but over the past few years, I realized my calling is to learn and help others out in ways that I can ethically. Learn as much as you can, experience, grow, educate, and throw yourself in uncomfortable situations.
Listen here man crypto is the future.
DO NOT DEAL WITH THIS MEMBER
(Mar 26, 2020 06:28 PM)Dankilicious Wrote: Listen here man crypto is the future.
That doesn’t mean stocks are going to be replaced.
I would recommend stocks. I think what the first user reply was trying to get at was stocks traded on the market are traded with an already established company. The rise and fall of the price of the stock is more rational than the rise and fall of crypto due to things such as: earnings reports, the climate and natural disasters, economic growth or decline, news such as new CEO’s or bankruptcy, new products or companies buying other companies.
With cryptocurrency you are investing, first and foremost, in a currency and then if applicable, a company. Bitcoin is not a company, but Enjin is and utilizes ENJ as their currency.
The combination of both is really good and there are some platform that have the featured of trading stock and crypto using bitcoin. One of such that i stumbled upon recently is KoinPro
For me, I will ever choose crypto trading as it provides more opportunity for return as compared to stock most especially when you are using an exchange that can automate processes for you in time of entering and existing your positions. KoinPro has been a life save for me
Three years ago i sarted my trading career by crypto. And since one year i am trading stock also. Crypto market is huge volatile if you haven’t proper Knowledge about crypto than you loss most of your capital but if you know about crypto than you can gain huge profit. Stock market is one of the stable market professional trader earn a good amount of profit from it.
If you think you will trade both platform than you can use KoinPro exchang, KoinPro where you can trade crypto and stock with bitcoin
DO NOT DEAL WITH THIS MEMBER
Jun 6, 2020 11:25 PM
(This post was last modified: Jun 6, 2020 11:26 PM by shreder.)
(Jun 6, 2020 11:02 PM)BD Money365 Wrote: Three years ago i sarted my trading career by crypto. And since one year i am trading stock also. Crypto market is huge volatile if you haven’t proper Knowledge about crypto than you loss most of your capital but if you know about crypto than you can gain huge profit. Stock market is one of the stable market professional trader earn a good amount of profit from it.
If you think you will trade both platform than you can use KoinPro exchang, KoinPro where you can trade crypto and stock with bitcoin
Every time someone tells me stock market is stable I show them negative oil prices. Every time someone tells me the stock market is free from volatility I show them negative oil prices. People say stocks are more easy to predict as it's more rational, yet all the charts, lines and graphs in the world cannot predict when elon musk will say “Tesla stock price is too high imo,”. Stocks are not manipulated they said... stocks are not insider traded they said... stocks are safe they said... 🤣
Stocks is the play ground for the bourgeoisie.
At the end of the day, stocks are effectively stakes in companies that are governed by some kind of regulatory authority. If you're new to trading, you should start out looking at stocks because the odds of you being burned and losing all your capital is a lot lower simply because there's more governance and less volatility. When you have a higher risk tolerance, go into crypto.
Alternatively, you can do what I did and start out in crypto so when you move to stocks, -10% moves like the ones over the last few months from Corona won't have you hitting the panic sells.
Or you can avoid all this shit because 90% of day traders be losing money anyway XD.
|
