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I am a person who cannot predict price developments, and I easily believe in the opinions and statements of others, so I am often trapped and decide to sell the coins that I have for fear of the news that the price will go down, even though some after sales, the price is increasing.
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Personally i think this massive dip below 100 bucks is a great buying opportunity, those who buy now and wait for some months can reap huge returns at the same time the market is really discouraging at the moment not only for short term investors but also the serious investors, i know people invested large sums into crypto last year especially eth just have a look at it, from 1400 highs it is now trading around 80 bucks which is a decline of like 15x or more and reversal does not seem to be around yet, so the situation is quite bad and we can do nothing but hope for good time to be back soon.
right, when eth prices go down, this is an opportunity to buy for traders or investors, but I think if we buy eth then we have to hold it in the long run to get big profits, because many predict that eth prices will improve in the long run. |
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This is probably my 5th time changing coins. At the moment I dump coins for dash , verge , and eos. I'm hoping for returns for the year. I am not looking for monthly returns anymore but yearly. I'm not bullish on dash or verge. But hopefully I get lucky.
I dump all my bitcoins and dump all my ether. Saying goodbye.
if you feel that the coins are more profitable than bitcoin and eth, then your decision is very good. maybe our goal is the same, namely to get profits even in small amounts, because now bitcoin and eth are experiencing a downturn, then we have to secure the money we have by choosing coins that are predicted to have a good increase. |
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Who is really hopeful about the future of Bitcoin and why?
I am a person who hopes for the future of bitcoin. for me bitcoin is not just a digital currency, but a place to make money, I trade in bitcoin and other coins, if the future of bitcoin is getting better, then my job will be better. |
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#PROOF OF AUTHENTICATION
Bitcointalk Username: vanshenz
Joined Campaigns: telegram
Telegram: @irfanmsa
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No offense, but I think holding coins at this bear market doesn't any sense. Why is everyone becoming the crypto holder? From the Legendary to a newbie, most of the people suggest to hold, But why? Yes, I know holding coin may give a bug rewards in future because I was a holder too. I had 15K USD, and my all of USD becomes less than 4K USD in front of my eyes. I just keep checking my wallet and every time my feelings were the same " sucks". Are you holding to be a millionaire like some people who bought bitcoin at 5 USD or less price and sold in more than 10K USD?
I did not hold for lose my capital. Did you? Then why you still holding and losing your money. Please kindly learn to trade. By trading your coins, in this bear market, you can make a lot of money within a few days to months.
I sold my all coins in the last month when bitcoin huts 8400 USD, and then I keep continue trading. In this one month, I made more than 2200 USD Profits. Now I had all of past holding coins with extra 2200 USD Profit.
If you can't trade or if you totally newbie here, then you may keep holding. But at least I suggest learning how to trade. This is my personal opinion. You may follow it or not. Best of luck.
Thank You.
in fact everything depends on each decision. many people lose more after holding their coins, but there are also many people who benefit more after holding back. I am a person who feels loss after holding a coin for too long, so now with you, I started trading and continued to monitor price developments. |
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I have observed that most bounty campaigns nowadays are not complying with their tagret end date. No problem with extend the campaign but man, these projects are now imposing hunters to not remove their signature until the end of the campaign. This prevents participants from leaving the campaign. Poor participants cannot break free from this and to look for other productive campaign. They have no choice but get stuck and post for these companies. Did you have the same experience? or Do you observe the same pattern? please enlighten me.
this might not be a problem for people who have many accounts, whereas for me this is a big problem, because I don't have a lot of accounts, so if a project experiences delays, my work is also hampered and stopped, can't find projects that other. therefore, I don't only work as a bounty hunter, but I trade as another option if the bounty I follow doesn't work well. |
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Trusting the media isn't the best solution right now. Bitcoin is now at the bottom, maybe we will fall even lower. It is necessary to buy bitcoin in parts at different levels. I believe in the best. After any fall growth should begin.
right, too much news is scattered without foundation. this will only add to our worries, and encourage the wrong decision. now it's almost arrived in December, and the price of bitcoin is actually getting worse. one good solution for the holders is to keep holding bitcoin until the price rises again, whenever that is. because if we decide to sell it, then what we get is a big loss. |
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if this happens, maybe one of the positive things is that cryptocurrency will be more famous and maybe more and more devotees.
no one objected if this happened.
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I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
besides being impatient, everyone is afraid to hold the coin too long, because the risk of losing is getting bigger. we never know something that will happen in the future, so we will make a decision to sell when the price of coins increases slightly. |
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now the price of bitcoin is experiencing a drastic decline, and makes everyone worried.
This situation, should be used by investors, now is a good opportunity to buy bitcoin, but I would advise you more, if you want to buy bitcoin wait until December, because in my predictions bitcoin will continue to decline until the end of this year.
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I'm not spreading FUD and everyone is free to do whatever he wants. After all, it's your money.
What I'm suggesting here is to take all the tokens and coins you're holding and start reading the whitepaper, check the roadmap, see the team behind that project and how active the developers are is by looking at the GitHub repository. If it's not looking that good, don't think twice, just go and sell regardless of initial buy price because you'll be cutting your losses this way.
I understand that saying "hodl" is nice etc but you should use your brain and don't be blinded by the idea that every useless out there will go to the moon. Only a few are worth investing in so instead of holding random coins, you may want to target something that has been here for a long time and still doing well such as ETH, BTC.
right, I agree with you. hold is not always always a good solution, because by holding back, we can also experience big losses. the key is we must have good predictions and be careful in making decisions. |
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When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.
even not only for beginners, people who are experienced also often get stuck with false predictions that cause losses. in this case we must be careful and in no hurry to make a decision, if we are difficult to get a profit, at least we do not experience losses. therefore, we have to have a lot of discussion with experienced people, then we practice right away, so we can get a real experience. |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
all depends on your interests. doing daily or long-term trading certainly has advantages and disadvantages. if you trade daily, you must continue to monitor price developments to make good decisions. whereas if you choose to hold it in the long run you don't need to check every time, but you will take longer to make a profit. |
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I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.
This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't tell anyone about this, including my wife.
Thank for listening.
the things you experience are the same as mine, our predictions are still weak maybe because we are beginner traders. but at least you don't get a loss even though you also don't get a profit. all will have a lesson, with this experience you will definitely be able to trade better. |
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when you do trading, do you always think about this, "buy some, sell some, hold some."
yes, I trade with several coins, one of which is eth, doge and BCHSV. I also often use buy, sell, and hold some. My goal is to make a profit from the coins sold, and I will also benefit from the coins held if the price goes up again. |
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the current crypto price decline is sure to bring concern to bitcoin investors and lovers. but I think the current price decline is not the end of everything. this is common in the crypro world, we don't overdo it.
I still have great hopes for bitcoin, and I am sure that hope will be realized in the next few months.
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if I experience losing most of my money in trading, I have a bad strategy, the first thing I will do is evaluate the trade that I do and not do anything that makes me lose again.
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if you want to learn about trading, you better ask people who are experienced in trading, in my opinion asking other people is more satisfying than reading or from youtube, because we can immediately discuss and ask each other questions.
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depending on the price of the coin that I use to trade. I often experience stress if my trade always fails and loses my money, we all know that this is the biggest risk for traders.
therefore, I always use my money to trade with the amount of money that I can afford to lose.
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