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Showing posts with the label bitcoin

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Free Tips for First Time Traders

on July 15, 2021

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Trader of the Month / Clown of the Month June 2021

on June 13, 2021

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Why is Bitcoin So Important to the Crypto World?

on June 09, 2021

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Is Crypto Really for YOU?

on June 06, 2021

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How to be Successful in a Bear Market?

on June 04, 2021

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What to Analyze in a Crypto Chart and Where?

on May 23, 2021

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Frequently Asked Questions for Newbies

on May 22, 2021

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Frequently Asked Questions for Newbies

1. Where do I start trading? Make an account on Binance, WazirX etc. We recommend a platform that isn't based off India just in case some idiot decides to ban crypto. Make an account and get KYC done. 2. How long does KYC take and what do they need? Your PAN, and some other identity proof. Usually can be done in hours but due to demand increase, might even take days or a week. So there's no need to panic. 3. How much money do I start with? You can start with as little as 5000 rupees. The idea is to not put more money in than you can afford to lose. 4. How do I put money into my crypto wallet? We recommend P2P. Someone who has crypto and wants INR will pair up with you and you will make the exchange. This option will always exist on the trading platform. 5. What is leverage? Leverage is the factor you're willing to multiply your profits (and therefore losses) with. Playing at 5x leverage means if you make 10% profit, you get 50% returns and if you make 20% lo...

The Crypto Bubble and When It Can Burst

Image source : Google Crypto is a bubble. Crypto is a Ponzi scheme. Crypto this. Crypto that. You must have heard these lines over and over again. You know what they have in common? They are said by people who don't own any crypto. While it never hurts to be careful, it does hurt to be overtly cautious . Being too scared of change is one of the most fool proof ways of remaining poor. Don't listen to these people. That's like a bald person advising you on your hairstyle! Saying crypto is in a bubble is saying that it is a scam and doomed to fail from the start. Is that true? The answer is No and Yes. No, crypto as a whole is not a scam. Coins like Ethereum, Binance, Cardano, Solano, Polygon are built on huge blockchain technologies with talented teams and partners on board. They will surely be relevant in 10, 20, 30 years from now. Them 'bursting' is as likely as any other company bursting: it can happen but only if a competitor does so much better...

Trader of the Month / Clown of the Month June 2021

Our best and worst traders for this month will be announced on June 16 As is tradition, the worst performing portfolio will be awarded our Clown of the Month Award with a special feature here. Here are our participants and their portfolios: anonymusk6969: 50% ADA 30% ETH 20% MATIC sahoojikabeta: 50% ETH 25% MATIC 25% BTC chalbechakke: 30% eth 20% bnb 25% ada 20% xrp 5% ltc dercontractor 37% matic 37% bnb 26% ada pro_woken_owl 33% matic 33% wrx 34% eth rex-aj 54% shib 13% doge 33% matic Ding Dong! Time's up. Here is our final score tally: sahoojikabeta : 101.86824680327777 rexaj : 101.75913525113307 dercontractor : 100.08707778138864 chalbechakke : 99.7275532881397 anonymusk6969 : 97.39386204921048 pro_woken_owl : 96.18041850557458 Congrats sahoojikabeta on being our Trader of the Month! Congrats to pro_woken_owl on being our Clown of the Month! Well deserved, both of you 👏🏼👏🏼👏🏼

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