Threads
Is there a safer way to invest in forex?
Forex is not investing; it’s trading. You earn profit from the price difference between buying (long) and selling (short) currency pairs. You can manually trade, use automated software (expert advisors, aka robots), or both. Either way, you must be actively engaged and understand price action, technical indicators (and their limitations, such as lagging), and how fundamental news can affect your trades.
Whether you manually trade or use EAs, you must keep your position sizes small. I’m demoing a scalping EA with a 0.01 lot on a $3K start. It’s a very aggressive EA; 10 trades are one big trade with it. Another EA that does swing trades safely at 1.15 lots. That size would blow my savings account up with that level of capital. Never risk more than 1% to 2%. You must set your stops tight enough to prevent a significant loss but wide enough to allow your position to run. Position size and stop size are the keys to sage trades.
Whether you manually trade or use EAs, you must keep your position sizes small. I’m demoing a scalping EA with a 0.01 lot on a $3K start. It’s a very aggressive EA; 10 trades are one big trade with it. Another EA that does swing trades safely at 1.15 lots. That size would blow my savings account up with that level of capital. Never risk more than 1% to 2%. You must set your stops tight enough to prevent a significant loss but wide enough to allow your position to run. Position size and stop size are the keys to sage trades.
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Posted by Richard (Not Hodl)
Mar 21, 2023
Mar 21, 2023
Can you make 2% a week investing in forex?
You can easily make 2% in a day trading FX. I do it regularly and did it on Friday last week, the most recent trading day, for example. Unfortunately, it is impossible to do that every day, and you will have about as many losing days as winning days.
The trick with most trading is to make your losing days smaller than your winning days. (That’s an approximation and not technically correct, but it’s close enough.)
It takes most people around 3–5 years to become competent; if you are interested, read my answers; there is enough stuff to get started.
It’s not a get-rich-quick scheme; it’s a profession. It takes time to learn and more time to become competent.
The trick with most trading is to make your losing days smaller than your winning days. (That’s an approximation and not technically correct, but it’s close enough.)
It takes most people around 3–5 years to become competent; if you are interested, read my answers; there is enough stuff to get started.
It’s not a get-rich-quick scheme; it’s a profession. It takes time to learn and more time to become competent.
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Posted by Richard (Not Hodl)
Mar 21, 2023
Mar 21, 2023
Is forex trading simple or complex?
Forex trading can be easy, but only if you jump into the world of Forex with a game plan and the proper knowledge. Most Forex traders fail because they need to know what they are doing, they need a plan, and they find it challenging to make a profit. Forex trading is relatively easy, but you must know what you are doing. If you start forex trading without knowledge, it isn't easy. But if you start forex trading with a game plan, then it is easy.
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Posted by Richard (Not Hodl)
Mar 21, 2023
Mar 21, 2023
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Can I really make money with trading or forex?
Yes, you can, but it takes work. Over the past decade, countless traders got rich using the Forex markets, but there is also the other side of the coin. Far more traders have failed and lost everything. If you are interested in trading and want to start, you should know some things. Trading is a zero-sum game, which means that there is a loser for every winner. Most people lose because they were either lucky at the beginning or needed proper knowledge. This industry is filled with scams and Ponzi schemes, so you should take your time to learn how to trade successfully. You can make money with trading, but you must work hard and know what you are doing.
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Posted by Aixxriston (Not Hodl)
Mar 21, 2023
Mar 21, 2023
Is forex trading a good investment?
Undoubtedly, forex is one of the most lucrative markets and offers excellent liquidity. Forex trading can be a great way to make money if the trader knows the ins and outs of the forex market and understands its nature. Traders should develop excellent trading skills and have the proper trading psychology. Being one of the most volatile markets, the forex market is risky. Any small or ignorant mistake can lead to losses. If the trader lacks appropriate skills and knowledge, forex is no good as an investment for them. I also want to know your opinion.
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Posted by Aixxriston (Not Hodl)
Mar 21, 2023
Mar 21, 2023
How to Compare Forex Brokers to Find the Best One?
There are several key factors to consider to compare Forex brokers and finding the best one for you:
- Regulation is crucial, as it guarantees the safety of your funds and ensures that the broker operates under fair trading practices. It would help if you also considered the range of tradable instruments, trading platforms, and tools available, including charting tools and market analysis resources.
- Evaluate the broker's fees, including spreads, commissions, and any additional charges for the deposit and withdrawal of funds. Another critical factor is the customer support services, including the availability of multiple communication channels and responsiveness to inquiries.
- Consider any additional features or services the broker offers, such as educational resources or social trading platforms.
You can find the best Forex broker that meets your trading needs and preferences by comparing these factors.
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Posted by Aixxriston (Not Hodl)
Mar 18, 2023
Mar 18, 2023
Significant business benefits of the Paxful clone script
Paxful clone script is highly suitable for entrepreneurs, who are newbies in the crypto exchange. Because it's already pre-developed, pre-tested, and bug-free software. You will get a lot of business-specific benefits from your crypto exchange like paxful. Here, I will list out the prime business benefits of the paxful clone script.
Saves your time
Paxful clone script is pre-coded and bug-free software. It will be ready-to-deployable within a short span, after some customization based on your business requirements.
Easy-to-use panel
The software dashboard is user-friendly for both the user and the admin. Even a beginner can also easy to navigate all functions and options.
Budget-Friendly
Clone scripts are cost-effective solutions, it is much lesser cost than if you have the plan to develop a paxful from the scratch.
Revenue generating models
In addition, you can integrate various revenue-generating models within your software. It will bring up significant returns for your crypto exchange business. Let's see some of the revenue-generating models are,
- Trading Fee
- Deposit/Withdrawal Fee
- Promotion Fee
- Advertisement Fee
No need to be a techie
This is a highlighted benefit of a paxful clone script, there is no need to be proficient at developing this software because is already pre-developed.
Mobile app
The paxful clone script options and features are built with a mobile application too(for both android and ios). You can access all functionalities and options within your mobile app too.
We have gone through about business benefits of the paxful clone script. So, this is the right time to develop your crypto exchange like paxful. Choose the trustworthy paxful clone script development company and take your cryptocurrency exchange business to another level.
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Posted by NatalyaJade (Not Hodl)
Mar 17, 2023
Mar 17, 2023
What is the work module of the Cryptocurrency exchange clone script?
The cryptocurrency exchange clone script is a replica of the original crypto exchange platforms. This software is fully customized, pre-determined, and loaded with all essential features of the original crypto exchange platform. The working module of the crypto exchange clone script is the same as the original crypto exchange, there is no big difference. Let's see the working module of the crypto exchange clone script.
- The first step of any crypto exchange platform is registration, So put in a valid email ID for registration.
- Then, the verification mail is sent from the crypto exchange admin/authority. Just click and verify the mail and activate a crypto account.
- After verification, the user must provide their authorized documents for Know-your-customer (KYC).
- Then the user can connect their bank details to an account. And deposit their fiat currency within an account.
- After depositing a fiat currency, the user can choose a cryptocurrency with trading pairs.
- After that, the seller will place the order and initiate the trade. Once the trade is completed, cryptocurrencies would be sent to the crypto wallet instantly.
So these steps are the working module of the crypto exchange clone script. This working module process is applicable to most crypto exchanges. Some options may vary based on the type of crypto exchange platform(dashboard). So if you have planned to start a crypto exchange business with a clone script, choose a reliable Cryptocurrency exchange clone script provider in the present crypto market.
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Posted by NatalyaJade (Not Hodl)
Mar 14, 2023
Mar 14, 2023
How to be the best trader in forex?
We must focus on doing the right thing instead of the fancy thing. That is enough to make our trade very well. I am working with the OctaFX broker, and with them, it is all bright and suitable for me; this is mainly to do with their ECN account, which can be operated with just 5 dollars, and what’s more, I can use their cTrader platform as well, so that is equally greater and makes trading so much better to do, I love scalping. This platform makes it much more straightforward, given no delay or re-quotes are happening while there is no slippage or spikes, which makes it all pretty good for me.
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Posted by Aixxriston (Not Hodl)
Mar 13, 2023
Mar 13, 2023
Who is the best Forex Broker?
We shouldn’t settle for a good choice, we should seek for best ones, and that’s precisely where I find OctaFX pretty special; they are by far the best choice for anyone. They are regulated plus a true ECN, and for that, they have even won an award, so that’s why working with such a broker is great and helps a lot. They have been servicing in over 170 countries and have an excellent reputation with some of the best features available that include the lowest possible spread starting from 0.1 pips to the highest leverage up to 1.500; it’s all genuinely remarkable and always there to make our trading experience better and makes us entirely comfortable and relaxed with the work, so that automatically gives us a boost as far performance is a concern.
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Posted by Aixxriston (Not Hodl)
Mar 13, 2023
Mar 13, 2023
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The Essence Of Copy Trading
Diversification is essential for every form of trade or investing. Copy trading is one of the best approaches to diversification that can be adopted by beginners and experts alike. Getting good earnings from trading demands in-depth market understanding and copy trading doesn’t need it.
Copy trading is copying the transactions of professional/skilled traders. It is essentially getting inspired by someone else's trading to profit. The goal of the copy trading approach is to profit from skilled traders' patterns.
However, there may be situations when the trades are incorrect, and if traders are following their trades, they might incur losses as well.
Before we proceed further, here’s an important news fact for the readers. Businesses, both crypto and non-crypto based, are relying on cryptocurrency exchange development service to build reliable exchange software. If you are looking for such services, connect with the professionals at Blockchain Firm, and let’s proceed further.
https://kryptonest.blogspot.com/2023/03/Crypto%20Copy%20Trading.html
https://kryptonest.blogspot.com/2023/03/Crypto%20Copy%20Trading.html
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Posted by Daisypearl (Not Hodl)
Mar 13, 2023
Mar 13, 2023
Where to Get the best crypto exchange software like Binance at an affordable price?
Nowadays Binance has grown in an enormous way. So it attracts lots of entrepreneurs' attention, so they also want to start a cryptocurrency exchange software like Binance. They made a decision to develop a cryptocurrency exchange platform like Binance. But they don’t know which method is the best for developing an exchange platform and where can buy it. Here is the solution for you.
We have 2 various methods to develop a crypto exchange platform like Binance.
The first one is developed from scratch and the one is a clone script or white-label crypto exchange software development method. The clone script method is the most recommendable option among entrepreneurs.
Now you raise questions like “ Why do entrepreneurs prefer Binance clone script method? Why they do not develop their crypto exchange platform from the scratch?”.
Here's the reason for your inquiries. You can build your crypto exchange platform from Scratch, but it will take a long time because the development is based on your ideology, or you can hire a freelancer for the development. It takes far too long to launch, and you must invest heavily in the development process and resources. This is the primary reason why entrepreneurs choose to build their cryptocurrency exchange platform using the clone script method. Because it is a pre-designed and pre-programmed clone script with features and security options. You can modify it to meet your specific business needs at a low cost and launch it within 7 business days.
I believe that the Binance Clone script is the best way to start your own crypto exchange business similar to Binance. I'm not saying starting from scratch is a bad idea. When compared to starting from scratch, the Clone script method takes less time and has a much lower cost.
Now you raise another question “Where to get my crypto exchange platform like Binance? Is there any trustworthy crypto exchange software development company available?”
Yes! Of course. We have a lot of crypto exchange software development companies. But I suggest the trustworthy company “Fire Bee Techno Services”. It is a well-known crypto exchange software development company. They have a good portfolio and a better client reputation. They have delivered a lot of crypto-related projects as per the client's assigned timing. They preferred client satisfaction, so they prioritized their client's requirement and satisfied it. Let’s start your own crypto exchange platform like Binance with Binance Clone Script. Be a Successful entrepreneur.
For inquiries, contact their Blockchain experts via,
Whatsapp/Telegram: +91 7397571188
Mail them via: business@firebeetechnoservices.com
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Posted by Sophiafern (Not Hodl)
Mar 10, 2023
Mar 10, 2023
What strategies do NFT community marketing services use to promot NFT project
NFT community marketing services can help to build and engage with a dedicated community of supporters and investors in several ways. First, they can help you identify and target your ideal audience through market research and analysis. This helps to ensure that you are reaching the right people who are most likely to be interested in your NFT project.
Once you have identified your target audience, NFT community marketing services can help you create engaging content and messaging that resonates with them. This includes everything from social media posts and blog articles to email newsletters and video content.
NFT community marketing assistance also helps you to foster engagement and interaction within your community. This includes moderating online discussions and forums, hosting events and contests, and providing exclusive access and perks to community members.
By building and engaging with a dedicated community of supporters and investors, NFT community marketing company can help to create a strong and loyal following for your NFT project. This can ultimately lead to increased visibility, higher sales, and greater success in the NFT market.
NFT community marketing services use several strategies to promote and grow your NFT project within the larger crypto community. These strategies include:
- Influencer marketing: NFT community marketing services partner with influential figures in the crypto space who can help promote your NFT project to their followers and audiences.
- Social media marketing: NFT community marketing services use social media platforms such as Twitter, Discord, and Telegram to create a buzz around your NFT project and engage with the crypto community.
- Content marketing: NFT community marketing services create and distribute content such as blog articles, videos, and infographics that educate and inform the crypto community about your NFT project.
- Community management: NFT community marketing services help you manage and engage with your community by moderating discussions, hosting events, and providing exclusive perks and rewards to community members.
- Paid advertising: NFT community marketing services may use paid advertising on social media platforms and other websites to target potential buyers and investors for your NFT project.
By leveraging these strategies and others, NFT community marketing services can help to promote your NFT project within the larger crypto community and drive awareness, interest, and ultimately sales.
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Posted by jademckinley08 (Not Hodl)
Mar 10, 2023
Mar 10, 2023
Benefits of starting a crypto exchange with coinbase clone script
Coinbase clone script is an OTC-based, pre-coded, and ready-made software filled with all existing and elite features of coinbase. It's a time-consuming and budget-friendly solution for entrepreneurs. If you start a cryptocurrency exchange business with a coinbase clone script, which will bring up a lot of business benefits for your business. Let's see the top 6 business benefits of the coinbase clone script.
Over-the-Counter(OTC)
OTC is a unique concept for coinbase cryptocurrency exchange. This means buying/selling the cryptocurrencies directly between two traders, without the supervision of an exchange.
No need to become a techie
There is no need to become highly technical knowledgeable to start a crypto exchange like coinbase. Because is already a pre-coded and pre-tested solution.
Highly Modifiable
The software is fully modifiable, you can add or remove any necessary feature according to your business.
The software is fully modifiable, you can add or remove any necessary feature according to your business.
Instant buy/sell cryptocurrencies
You can buy/sell cryptocurrencies within a minute, there is no time restriction and limits for cryptocurrencies.
Revenue-generating module integration
You can integrate many revenue-generating modules within your own software (Transaction fees, Affiliate commissions, Promotions, and more), which will bring up substantial returns for your business.
The Coinbase clone application
You can access all essential features and security options within your mobile because it supports mobile applications too. It makes it much more convenient for trading and brings ups, huge mobile traders.
I hope you got an idea about the business benefits of the coinbase clone script. This is the reason, why many entrepreneurs are willing to start a cryptocurrency exchange like coinbase. This is the right time to start your crypto exchange business. So, choose the best coinbase clone script provider based on reliability, ratings, experience in the field, quality of work, cost of development, and more.
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Posted by NatalyaJade (Not Hodl)
Mar 06, 2023
Mar 06, 2023
What Are The Benefits Of Hiring A Metaverse Development Company
The metaverse is becoming a crucial aspect of everyone's online existence. The fields of augmented reality and virtual reality are constantly growing. In parallel, an increasing number of businesses have started investing in marketing plans to benefit from this technology, one of the most intriguing new digital environments. Simply put, Metaverse is a shared virtual environment where users can interact with one another using avatars both in 3D surroundings and in real time.
Working with an established metaverse development company has several benefits, one of which is that it can provide blockchain development services and the most recent information on what functions well in the virtual world. You must keep this kind of information in mind when you expand your company into the metaverse and other unexplored areas. And without it, you'll merely spend your money and time on inefficient tactics.
You must attest to your extensive research in order to hire a top-notch development team. Also check Top 10 Metaverse Development Companies in Dubai.
Working with an established metaverse development company has several benefits, one of which is that it can provide blockchain development services and the most recent information on what functions well in the virtual world. You must keep this kind of information in mind when you expand your company into the metaverse and other unexplored areas. And without it, you'll merely spend your money and time on inefficient tactics.
You must attest to your extensive research in order to hire a top-notch development team. Also check Top 10 Metaverse Development Companies in Dubai.
Potential Services Provided By Metaverse Developers
The metaverse is still a mysterious place with a lot of unanswered questions. You must first comprehend the services that these experts provide in order to find Metaverse developers.
- Metaverse Applications
Metaverse apps can be accessed on a variety of devices and offer fantastic user experiences.
- Decentralized Services
The Metaverse platform enables the development of decentralised platforms for the majority of activities, such as socializing, trading, gaming, and shopping.
- Gaming
By elevating their projects to a new level of user engagement, the gaming industry might profit from finding exceptional metaverse engineers.
- NFTs
Metaverse programmers can make it possible for your users to completely own digital assets and even to begin NFT trading.
- Integration Services
Skilled developers can also enhance the integration of data and third-party services with pre-existing metaverses.
- NFT Marketplace
To establish a whole marketplace, from concept to completion with a virtual environment and payment mechanisms, you can employ a Metaverse NFT development team.
- Social Media
Utilize social media to interact with your target market so they may speak as they would in person, learn more about your business and its offerings, and much more.
A metaverse development firm may offer you useful guidance on marketing strategies, such as which platforms are best for reaching particular demographics or which content types are helpful for generating higher user engagement rates. Also, they may help you organize your efforts and handle the trickiest jobs, including creating accounts with outside providers or integrating APIs into your site.
A metaverse development firm may offer you useful guidance on marketing strategies, such as which platforms are best for reaching particular demographics or which content types are helpful for generating higher user engagement rates. Also, they may help you organize your efforts and handle the trickiest jobs, including creating accounts with outside providers or integrating APIs into your site.
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Posted by marrywilson (Not Hodl)
Mar 06, 2023
Mar 06, 2023
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