/r/bitcointrading

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/r/bitcointrading

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1

Question about the chart?

Ok I’m looking at the CoinStats graph of BTC all time, the climb up from nov 20 to June 21 is all green candles then with a second climb to ATH in more mixed with red.

Now with this current cycle the climb is much more of a mix of red and green.

What’s the reason for that?

Is it that the first climb was all retail and more inclined to hodl vs the institutional Trading that’s happening this cycle?

0 Comments
2024/04/15
03:31 UTC

1

Receiving Bitcoin from China?

How well does Paxful work for a Chinese to purchase Bitcoin and send to a recipient in the USA?
Is there anything simpler/better to recommend? My client in China is reluctant to send btc and only wants to send $.

0 Comments
2024/04/14
06:37 UTC

3

Spot trading & futures trading

Could you guy explain me what’s the difference between spot and future?

1 Comment
2024/03/26
15:07 UTC

3

Binance futures trading, liquidation price and liquidation

Hello!

I would like to understand liquidation price and liquidation itself (cross margin) on Binance futures, so if there is someone who will confirm/deny my below understandings, I will really appreciate it.

Let's say that I set leverage to 2 and I deposit 5000$ to Binance Futures. As far as I understand this means that I can buy for 10000$ of specific crypto asset on Binance Futures.

If I buy for 10000$ means that there will be set a liquidation price which, if reached will liquidate my position and I will lose my 5000$. If I execute order for 10000$ means that I can't but anything more and I have to increase my leverage, let's say to 3 so that I will be able to spend 15000$. Increased leverage means higher probability to reach liquidation price and lose all my money, I'm aware of it.

If I buy for 10000$ of crypto asset (initial balance 5000$ and leverage 2) for price of 2$ and liquidation price is set to 0.50$ it means that my position won't be liquidated until price drop to or lower than 0.50$.

Please confirm/deny/explain me if above facts about Binance Futures trading with leverage are correct.

Thanks

4 Comments
2024/03/18
17:28 UTC

26

Did you meet your target of accumulating at least 1BTC

First of all, I failed terribly at achieving this! It’s funny how I had it all planned out; DCA strategies, TPs and giveaways lined up to make up for 1BTC at least but it only took one wrong turn to send all my plans down the drain. It’s also noteworthy that giveaways somehow became really scarce in this last bear market; usually upcoming protocols would organize challenges/competitions with juicy rewards in order to make a statement of their presence but that tap also dried up. They all shifted to airdrops and farming which was never my area. Just recently, I joined the BTC price prediction challenge being hosted by Nuklai to predict the price of BTC at the halving. The star prize is earmarked at 1BTC(maybe this is my chance to get a whole Bitcoin in my portfolio at least). Initially, it looked too good to be true but the requirements are just few cents in AVAX as gas fees to submit your entries; so why not just go for it? I submitted 2 entries out of 5 already. You guys might also consider giving it a shot. Are there any other giveaways/strategies you’re using to make up your target of 1BTC?

6 Comments
2024/03/14
14:26 UTC

33

Nukl.ai Dropping 1 WHOLE BITCOIN for the BEST Bitcoin Halving Price Prediction!

The team at Nuklai recently launched their Price Research Dataset using #SmartData tech to bring DEEP insights into the world of Web3 markets. They're so hyped, they're giving away 1 Bitcoin to whoever NAILS the price of Bitcoin at the next halving!

Here's the breakdown:

Nuklai's new Price Research Dataset is LIVE: (https://bitcoin.nukl.ai/)

They're using this fancy #SmartData thing to predict the future price (or at least the price at the next halving).

The question: What will the price of Bitcoin be at the next halving?

The prize: The closest prediction gets a whopping 1 Bitcoin!

This is your chance to win big and potentially impress everyone with your mad crypto skills. Don't miss out!

3 Comments
2024/03/12
13:48 UTC

1

where can I play with leverage in the US?

I was googling this an the article said Binance. Either I am blind or they are referring to non US binance for leveraged trading.

Where can I try some degenerate leveraged scalping in the US?

1 Comment
2024/03/11
23:15 UTC

0

Bitcoin solo mining ?

Has anyone tried this bitcoin solo mining? I came across and instagram reel talking bout it and apparently they sell them at Walmart . Does anyone have any experience with them , are they work efficiently compared to the crazy builds people make ?

Product named

• mars lander by bitcoin merch •GekkoScience COMPAC F + Fan Upgrade - COMBO Up to 350GH/s

1 Comment
2024/03/10
19:16 UTC

0

Bitcoin near $69k which altcoin can get up to its All time high next?

Which Altcoin is going to be next in breaking its all time highs from 2021?

https://www.youtube.com/live/11Dl-Uchgd4?si=6vy5Y1FziFVroKRY

4 Comments
2024/03/05
03:31 UTC

1

Newbie

Hi! To all the veteran traders here. I wanna start trading bitcoins as a passive income (hopefully would work) any sites or youtubr channels to watch/research before I start doing this venture? Thank you so much.

5 Comments
2024/03/04
01:11 UTC

2

Problem with leverage trading?

Hello,

I just realized that the leverage trading (at least on bybit) is not working. What do I mean by that?

When I put 50$ into BTC with a 10x leverage, and BTC increases 1%, my position shows me a gain of 0,50$ (as if I simply bought BTC for 50$) when it should show me a gain of 5$.

For testing I used a 50x leverage with the same result.

Is this only a bybit issue or am I missing something? Sorry I'm new to trading but this doesn't seem to be right.

Thanks for any clarification or advice.

3 Comments
2024/02/29
12:41 UTC

1

hello Does anyone here use QUOTEX to trade?

1 Comment
2024/02/28
22:28 UTC

0

The Bitcoin Flash Crash - Why It Happened...

https://youtu.be/jL2g2jWwweI?si=1JSbAThSCFDTqTv5

I just made a video on the Bitcoin Flash Crash, you should watch it before market close today and make your own call as to whether or not you should sell.

I will personally be holding

Link: https://www.youtube.com/channel/UCrXXeWE9U9esHjxNhCbPzdg?sub_confirmation=1

1 Comment
2024/02/28
20:41 UTC

0

Bitcoin heading to $65,000 by March. Tell me I’m wrong if I’m wrong

This video explains why we are heading to those prices. And those price predictions are not wrong

https://www.youtube.com/live/3BJM0L9AqmE?si=r8ydEAB2G57KY5EV

13 Comments
2024/02/27
15:47 UTC

2

Greetings Does anyone trade here?

7 Comments
2024/02/26
02:17 UTC

5 Comments
2024/02/21
20:43 UTC

2

what platform has the lowest fees and is good for scalping?

7 Comments
2024/02/12
18:25 UTC

2

Help

Hi,

I thought I would give this a go and see if there would be anyone willing to support me. I am down big time.

I have almost lost my entire savings between $30,000/$35,000 in Bitcoin by getting caught up in leveraged trading. What started as an attempt to grow my investment quickly turned into a nightmare.

In just three weeks, driven by greed and the short term instant success, I made riskier moves and ended up losing everything.

I always thought I was smart with money, especially with how I built my Bitcoin stash over the years. But this mistake has really shaken my confidence in myself. Feeling pretty lost right now and not sure how to bounce back. Any advice on how to deal with this and maybe start over?

A real beat on my ego but I'm finding it challenging to get back onto my feet. I want to get back into the market but I can almost not function day to pay with expenses and my education fees. if anyone can relate or is willing to help by any means my BTC wallet is here: bc1q5s072euyekztk04yv09elqx8dy9vj4xt0s24g5

Anything will help to make this more obtainable.

If this catches some sort of traction I will keep everyone updated.

12 Comments
2024/02/12
06:44 UTC

1

Binance API, Python and Close Price

Hi guys!

I need help understanding how closing prices work in real-time.

In context: I use the Binance API in Python, analyzing closing prices in 30-minute windows, for this, I work with 1-minute intervals. I have a "while True" in my code that is constantly requesting through the "futures_continous_klines" module, limit windows of 30. When I'm running the code in real-time, the last value of the closing price always fluctuates according to each loop do while (which was to be expected).

In my Backtests, when I work with historical data, I have perfect closing prices every 1 minute. I would like to know if there is a possibility of obtaining the last value of the window without fluctuation and closing at the perfect clock minute. In my tests, I decided to set a sleep time of 60 seconds, using the clock as a reference, however, my graphs always "appeared" out of place compared to historical data.

Does anyone have any suggestions on how I can get around this problem? I want my real-time closing price values to be the same as the closing price values in the historical data I use.

Thank you very much

0 Comments
2024/01/31
03:37 UTC

0

Notcoin in Telegram: Playing and earning on cryptocurrency in one place!

Notcoin on Telegram offers a unique combination of playing and earning on cryptocurrency. This exciting game provides the opportunity to create, trade and earn on virtual assets, allowing players to earn real income.

  1. Unique game concept: Notcoin is not just a game, it's a whole world where you can manage assets and build virtual empires. You will have to immerse yourself in an exciting gameplay that will simultaneously allow you to earn cryptocurrency.
  2. Earning on cryptocurrency: Notcoin gives you the opportunity to earn on cryptocurrency by trading assets inside the game and participating in various gaming events. This is a great opportunity to start your journey in the world of cryptocurrencies and get real experience without leaving Telegram.
  3. Social interaction: Notcoin on Telegram is a place where you can interact with other players. You will be able to create your own teams, participate in competitions and share experiences with other participants.
  4. Ease of use: Notcoin in Telegram is easy to use. To start the game, you need to register in Telegram and find Notcoin in the list of available games. Thanks to the intuitive interface and simple instructions, you will quickly master all the features of the game.
  5. Safety and reliability: Notcoin in Telegram provides a high level of security and data protection. All transactions in the game are carried out through reliable cryptocurrency systems, guaranteeing your privacy and the protection of your assets.

Conclusion: Notcoin in Telegram is a unique opportunity to combine gaming and earning on cryptocurrency. Start your exciting journey with Notcoin and discover new horizons of earnings and entertainment. Join millions of players today and become a part of this exciting gaming revolution!

Note: The Notcoin Telegram game is fictional and is only used as an example in this article.

0 Comments
2024/01/25
07:38 UTC

1

What is "equal position short" in bitcoin trading?

Someone recommended that when the bitcoin bull cycle is peaking, to hedge the bitcoin one holds, by taking an 'equal position short' when it seems to be peaking . And says that this way you are effectively out of tne market but you are still holding the bitcoin (in case it goes very high on value in a few years). Can someone please explain what exactly does this mean?

1 Comment
2024/01/25
00:38 UTC

0

Buy Bitcoin with Safe

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0 Comments
2024/01/24
11:20 UTC

3

Need alot of guidance and advice

Im 16 and completely new to trading. I’ve had around £100 in btc for a few years just because why not, but iv been wanting to begin trading recently and have no clue where to start. Which platform should I use? How often should I make trades? How does a trade even work specifically? e.c.t… I just need someone to help me understand everything so I can safely start to understand the trade.

2 Comments
2024/01/19
08:08 UTC

7

As a bitcoin swing trader, with 95% accuracy wait for bitcoin to drop to 35k......save this post for later verification

As a bitcoin swing trader, with 95% accuracy wait for bitcoin to drop to 35k......save this post for later verification

6 Comments
2024/01/18
08:59 UTC

1

Nice group in Philippine to boom

0 Comments
2024/01/15
18:52 UTC

0

Any exchange platform recommendations for day trading?

Hey guys does anyone recommend any crypto exchanges to day trade on i used to use binance however since im in the US im no longer using it for obvious reasons. Was wondering if anybody recommends kraken or coinbase. Id be interested in using a decentralized exchange as well. Thanks for the help!

1 Comment
2024/01/14
17:49 UTC

1

Does Anyone Use Pionex? I am Looking For Feedback. Not Pushing It.

5 Comments
2024/01/11
00:58 UTC

3

Is this how leverage works?

Is this how leverage works?

So I want to put a trade into bitcoin, $300, and use leverage. To my understanding, if I use a leverage of 2x whenever BTC goes up 50% my money's doubled, and when it goes down 50% I loss my money. If I'm using 5x when BTC goes up 20% my money's doubled but when it goes down 20% I loss my money. And 10x is the same but 10%. Am I right?

26 Comments
2024/01/09
11:57 UTC

2

Bitcoin Holders Should Not Worry As Long As BTC Price Trades Above This Support Line: Reveals Top Analyst

1 Comment
2024/01/04
18:06 UTC

2

Is it worth Day trading or Scalping a few hundred BTCs $300-400? Is it profitable?

I'm a beginner doing ny own research asking opinions, is that a good idea

5 Comments
2024/01/04
11:55 UTC

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