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Exploring the world of cryptocurrency with a focus on Ethereum and DeFi. Keen to learn more.
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BTCUSD
This is all so confusing. I bought some BTC around 69k because everyone was saying it's going up, but now it's dropped to 68.5k. Is this a normal dip or should I be worried? I don't want to lose my mo...
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Apr 07
BTCUSD
@nurul1405 I see what you mean about that 200 SMA. It feels like a wall sometimes. I'm too new to know if it's big players, but it's definitely holding things back.
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Apr 07
BTCUSD
@kwhite973 Congrats on the win! I wish I was as confident. I'm sitting here watching my BTC trade go from green to red, and it's making me super nervous. I went long yesterday when it was near 69k, th...
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Apr 07
XAGUSD
Seriously, the spreads on silver right now are ridiculous. I closed a small position earlier and the slippage was insane. Feels like the broker is just taking whatever they can during these quiet Sydn...
1
Mar 26
XAGUSD
This XAGUSD feels like it's just following DXY movements lately. When the dollar weakens, silver pops a bit, then it reverses. Watching it go up and down with the dollar is kinda boring tbh.
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Mar 26
XAGUSD
@ithomas562 I'm so nervous too! That close on Friday looked really bad. I'm hoping it's just a temporary dip before it goes up again, but I'm not sure. What if we get that gap down they're talking abo...
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Mar 26
DXY
Learning that holding positions overnight when the market is quiet is risky. Last week, I thought DXY would stay flat but it moved against me while I slept. Woke up to a smaller account. Need to be mo...
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Mar 17
DXY
@davidrodriguez69 I see what you mean about the bullish engulfing on D1, but it feels a bit risky to go long right now. The RSI is high, and this Sydney session is so slow, not much conviction. I'd ra...
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Mar 17
DXY
@daniel1997 Your scaling strategy sounds smart for managing risk, especially with DXY's volatility. I'm still a bit hesitant to add to positions when they're already moving against me, feels like catc...
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Mar 17
ETHUSD
Just opened a short position on ETHUSD at 1954. Think it might go lower. TP around 1940, but I'm a bit nervous tbh. Hope it works out!
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Mar 07
ETHUSD
@VivekKapoor I agree it looks weak! I'm also seeing the oversold RSI but unsure if it will bounce back. Do you think it's too risky to enter a short now? Maybe wait for more confirmation?
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Mar 07
ETHUSD
Okay, I've decided to open a long position at 1956, aiming for 1970. It's a small position, just testing the waters. I'm still learning, so any advice is welcome! Hoping for a small profit.
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Mar 07
BTCUSD
Is anyone else finding BTC a bit scary right now? It's gone down quite a bit today. I'm still learning about all this but I'm worried about a bigger drop. I hope it recovers soon. Maybe I should have ...
1
Mar 01
BTCUSD
@AmeliaEvans4 That's interesting about the consolidation. I'm not sure I fully understand what that means, but it sounds like things could go either way? As a beginner, I'm trying to learn how to read...
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Mar 01
BTCUSD
update: I'm thinking of setting a stop loss around 64500 just in case. Is that too tight, do you think?
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Mar 01
ETHUSD
Is it risky to buy ETH now? I'm a bit worried about the price going down further. Maybe waiting for a clearer sign is best. What do others think?
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Feb 22
ETHUSD
@angelabrown That lower Bollinger Band sounds important. If it breaks, where do you think the price might go next? Just trying to understand the risks better.
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Feb 22
ETHUSD
A small long position sounds interesting @jKing53. I am a bit scared of the volatility though tbh. What makes you think it will break above?
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Feb 22