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Crypto Investors & Bakchods

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Radhika.28

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day traders 10-20% ka goal rakh ke hi trading karte h, vo log usi me khoob kama lete h :approve:

:noo: ab wo din nhi rhe! Jab se intraday margin reduced to 5X from 20x !

ab toh options ka sahara hai ! :verysad: :angrysad:

aur kuch na kama paate gareeb day trader log! Dihadi mazdoori only! 📊
 
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harshit1890

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:noo: ab wo din nhi rhe! Jab se intraday margin reduced to 5X from 20x !

ab toh options ka sahara hai ! :verysad: :angrysad:

aur kuch na kama paate gareeb day trader log! Dihadi mazdoori only! 📊
He is talking abt Crypto :D
 

harshit1890

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Radhika.28

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He is talking abt Crypto :D

There are day traders in crypto? I fink they run 24 hrs! Don't they? Then what's the logic of day trading in crypto? Duh?


Crypto or stocks, everything that's tradable follows the same laws of market - fear and greed!

If you can read the charts, you can literally trade in anything!
 
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harshit1890

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There are day traders in crypto? I fink they run 24 hrs! Don't they? Then what's the logic of day trading in crypto? Duh?


Crypto or stocks, everything that's tradable follows the same laws of market - fear and greed!

If you can read the charts, you can literally trade in anything!
Absolutely agreed on ur chart part and yes crypto can trade 24 hrs.. but the thing is the ratio.. Crypto increase/decrease with a huge amount of percentage in a day or you can say multiple times in a day, so as a trader, they actually trade on a 10-15% ratio which they achieve generally in a Quater of a day. Thats why we don't need to stick all 24 hrs. :D

Less greed only makes an investor money... U r right on this also.

BTW a fav IPO of urs is out now, Hoped u applied :D
 

Radhika.28

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Absolutely agreed on ur chart part and yes crypto can trade 24 hrs.. but the thing is the ratio.. Crypto increase/decrease with a huge amount of percentage in a day or you can say multiple times in a day, so as a trader, they actually trade on a 10-15% ratio which they achieve generally in a Quater of a day. Thats why we don't need to stick all 24 hrs. :D

Less greed only makes an investor money... U r right on this also.

BTW a fav IPO of urs is out now, Hoped u applied :D

Yes, I have applied but my luck seldom favours me with IPOs!

2 reasons why crypto is HOTLY sought after by traders :
1. 24 Hr tradable ( can be traded anytime, even after Job hours, or whenever one finds time!)
2. Volatility !

But I personally feel as a day trader that options are much safer and profitable than crypto. Much less hassles too!
But my opinion can change as I have started observing and doing R&D in crypto. Lets see how it unfolds for me!

IMHO, the riskier the segment is, the higher the profit is and even higher the loss is!

BTW what's ur stand on Ethereum ?
 
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harshit1890

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Yes, I have applied but my luck seldom favours me with IPOs!

2 reasons why crypto is HOTLY sought after by traders :
1. 24 Hr tradable ( can be traded anytime, even after Job hours, or whenever one finds time!)
2. Volatility !

But I personally feel as a day trader that options are much safer and profitable than crypto. Much less hassles too!
But my opinion can change as I have started observing and doing R&D in crypto. Lets see how it unfolds for me!

IMHO, the riskier the segment is, the higher the profit is and even higher the loss is!

BTW what's ur stand on Ethereum ?
True... Can be traded after afis hours, Raat ko nindra na aa rahi ho tab bhi :D

Options i have loss loads in option.. Especially expiry :D zara sa 10 minute koi office kaam aya aur uske baad dekha to hare se lal portfolio :D

Risk is everywhere but still we can accumulate and hodl the crytptos bec it takes a day to recover loss and gives profit due to as u said high Volatility.

ETH is the best crypto, highly sustainable in future as it consumes less energy. I think it will beat BTC one day and yes I was right abt ETH the support was 2200 and bang on it recovers it from there but still if it breaks, then it will go to 1700 and 1700 could be broken this time with that it reaches to 1500 - 1200 - 1000 is the last, but i bet it won't go there.. It will reach till btw 1700-1900. That is my buying zone.
 

Radhika.28

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True... Can be traded after afis hours, Raat ko nindra na aa rahi ho tab bhi :D

Options i have loss loads in option.. Especially expiry :D zara sa 10 minute koi office kaam aya aur uske baad dekha to hare se lal portfolio :D

Risk is everywhere but still we can accumulate and hodl the crytptos bec it takes a day to recover loss and gives profit due to as u said high Volatility.

ETH is the best crypto, highly sustainable in future as it consumes less energy. I think it will beat BTC one day and yes I was right abt ETH the support was 2200 and bang on it recovers it from there but still if it breaks, then it will go to 1700 and 1700 could be broken this time with that it reaches to 1500 - 1200 - 1000 is the last, but i bet it won't go there.. It will reach till btw 1700-1900. That is my buying zone.

A strong support lies at 1900. After that a weak support at 1650 zone, in case it drops down further. It has halved in last 2 months! Damn!
 
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