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    [Daily Discussion] - Monday, October 18, 2021 Bitcoin Markets

    [Daily Discussion] - Monday, October 18, 2021 Bitcoin Markets


    [Daily Discussion] - Monday, October 18, 2021

    Posted: 17 Oct 2021 09:00 PM PDT

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    • Technical analysis, trading ideas & strategies
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    submitted by /u/AutoModerator
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    Trade With AI: How much they help beginners?

    Posted: 18 Oct 2021 08:30 AM PDT

    Hello Experts,

    I am pretty new to Coin Trading, One of my friend have been working with AI models to automate short-range trading and scalping. He suggested to use https://www.tradxai.com as I am beginner to earn more with coin trading.

    Can someone else let me know if TradxAI would help me in scalping for profit and should I proceed with it?

    submitted by /u/FinalIllustrator
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    Futures effect on spot price?

    Posted: 17 Oct 2021 03:00 PM PDT

    I always hear that futures market is used to manipulate/ drive down golds spot price. How would you sum up the mechanism that accomplishes this?

    Would you agree that the bitcoin market at merely 1 trillion is not nearly mature enough to be manipulated through leverage, seeing that there's still a $300 trillion bond market and 11 trillion in gold, some of which will inevitably pour into bitcoin looking to diversify store of value? (Conservatively speaking of course)

    submitted by /u/filmrebelroby
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    “Buy rumor sell news” Chart available?

    Posted: 17 Oct 2021 02:53 PM PDT

    Is there a price history chart with rumor and news drop somewhere on the internet?

    If it's true that buying the rumor and selling the news is an effective trade strategy, it seems like it would be easy for someone to showcase with price history and plot points.

    I'm a hodler, but I'd be open to trading a small portion of my stack if I saw a logical strategy besides speculation and gut instinct.

    submitted by /u/filmrebelroby
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    How to easily profit in Bitcoin

    Posted: 17 Oct 2021 04:26 PM PDT

    What does it mean to be profitable in Bitcoin? Although most people think that profit means making more dollars, but I disagree, we can change this argument. Profiting in Bitcoin means your total satoshis (the number of BTCs you own) rise. In the final game, when fiat currencies die, the only thing that matters is Bitcoin. When calculating profit, you need to use the correct accounting unit. Bitcoin is the superior unit of account, not the downward trending dollar.

    Now you are using BTC to evaluate your wealth, what would you do? Do you trade Bitcoin? Do you trade other cryptocurrencies? Are you trying to seize market opportunities and buy low and sell high? Do not. The easiest way to profit in Bitcoin is to buy and HODL. That's it. Nothing complicated. It will not take up your day's time, and you don't even have to think about it.

    The beauty of Bitcoin is that it is not an investment, but a savings. When you invest, you invest the money you earn from your daily work in assets such as stocks and real estate, hoping to make a profit by selling it in the future. You have to use your money to buy assets, and your investment may be bad. Saving is about saving the money you earn, simply saving it-not investing your Bitcoin in other assets that you want to get a return on, but letting it sit there and do nothing.

    submitted by /u/Far_Tomatillo_2534
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    Everybody says to DYOR, Do Your Own Research, but they never mention what their research led them too. Why? Because if they told you that their months of 'research' led them to buy tons of shibu inu, you won't be much impressed.

    Posted: 17 Oct 2021 08:50 PM PDT

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