Ali Al-Subai22
Frequent Trader
4 Months
27 Following
14 Followers
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Hut 8 announced the launch of "American Bitcoin" in partnership with Eric Trump and Donald Trump Jr. This initiative aims to become one of the largest and most efficient Bitcoin mining companies, while building a strategic reserve of Bitcoin. As part of this partnership, Hut 8 has transferred the majority of its Bitcoin mining operations to "American Bitcoin", giving it a majority stake in the new company. Eric Trump will serve as the Chief Strategy Officer of the company, while Donald Trump Jr. will be part of the leadership team. "American Bitcoin" aims for significant growth in Bitcoin mining, with plans to expand its operational capabilities and increase efficiency. It also aims to become a publicly listed company in the future, which will broaden its investor base and enhance its access to capital. This move represents an important expansion in the digital currency space for the Trump family, which has shown increased interest in blockchain technology and digital currencies in recent years.
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I am new to trading..... Can you advise me on the down currency that I should buy at the moment?
Why, thank God, I knew the reason that I didn't really lose in the decline.
I asked GBT and he answered
You follow a simple trading strategy (Spot Trading) without leverage, which depends on:
Buying currencies when they fall: When you see that the price of a certain currency has fallen, you buy it and store it.
Holding it: You wait until the price rises to make a profit.
Selling when they rise: When the currency reaches a suitable price, you sell it for USDT or another currency that you see as low.
Advantages of this strategy:
✅ Avoid the high risks that come with trading with leverage (Futures).
✅ No need to follow the market all the time, unlike daily speculation.
✅ You can make good profits if you choose the right currencies at the right time.
Disadvantages:
❌ The period of holding the currency can be long before it rises.
❌ You do not benefit from rapid market fluctuations like active traders.
❌ Some currencies may not return to your purchase price, causing unrealized losses.
Tip: You can improve your strategy by using technical analysis (such as support and resistance indicators) and fundamental analysis (such as following currency news) to choose the best buy and sell points.
I asked GBT and he answered
You follow a simple trading strategy (Spot Trading) without leverage, which depends on:
Buying currencies when they fall: When you see that the price of a certain currency has fallen, you buy it and store it.
Holding it: You wait until the price rises to make a profit.
Selling when they rise: When the currency reaches a suitable price, you sell it for USDT or another currency that you see as low.
Advantages of this strategy:
✅ Avoid the high risks that come with trading with leverage (Futures).
✅ No need to follow the market all the time, unlike daily speculation.
✅ You can make good profits if you choose the right currencies at the right time.
Disadvantages:
❌ The period of holding the currency can be long before it rises.
❌ You do not benefit from rapid market fluctuations like active traders.
❌ Some currencies may not return to your purchase price, causing unrealized losses.
Tip: You can improve your strategy by using technical analysis (such as support and resistance indicators) and fundamental analysis (such as following currency news) to choose the best buy and sell points.
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