Community Reputation43 Excellent
deinflation replied to bowerzcr's topic in Scam AlertsThe website appears to be sketchy. I'm sorry to hear you lost real money.
How committed are you guys to trading?
deinflation replied to WitherS's topic in General DiscussionsThat is right; but, knowledge alone will not enough. To really comprehend what is going on, you must spend many hours on charts practicing what you have learned. With time, you'll have a better understanding of what's going on, be able to develop a first plan, and if it fails, you'll know what to do next. If you have a favorable feeling about a price response zone and it doesn't pan out, you'll know how far price should retrace back into that initial area to counter trade your first thought, which is effectively a loss mitigation method. You'll be less likely to lose money this way, and if you gain some money along the way, even better.
How long does it take to study forex?
deinflation replied to moneybagde's topic in Forex Free Educationstarted four months ago, learning the fundamentals and keeping it simple. Try not to become overwhelmed by everything going on around you; instead, select a suitable strategy and trading time. In the forex market, consistency is more important, and it is what separates winners from losers.
Is it a good time to invest in Bitcoin right now?
deinflation replied to desheriff's topic in BitcoinBecause I invest for the long term, it is always a good time for me to invest in Bitcoin. I don't care what happens to the price next week or next month. I invest because I believe in Bitcoin's long-term future due to its intrinsic characteristics, rather than trying to predict whether it will rise or fall in price so that I can sell or buy accordingly. You look back in time to when Bitcoin was $1 and tell me who you think made the most money. The one who was able to hold on without selling until the price was significantly higher (say, $100 or $1000) or the one who gambled?