afterall, how much it will take it to recover?
Do not panic. Drops in prices within days or hours are common in the crypto market. The fact is that the fud around CZ and Binance does not subside. Now I very often meet such an opinion that Binance can repeat the fate of FTX and, accordingly, the price of an exchange coin can collapse as well as the price of FTT. However, I am sure that this negativity will end and the BNB price will return to its ATH. |
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I got almost 300 SEI from Binance launchpool and sell half when price dropping around $0.25, right now SEI price have been dropped drastically to $0.15 and holding is better than selling. Left few days later with Launchpool ended and seems I will received about 400 SEI from 12 BNB staking and looks not profitable yet because first time staking BNB price around $240 and today drop drastically to $210. Its not profitable yet and more losing for participants get staking their Binance to earn SEI coins from launchpool...
All these Launchpads and Launchpools bring additional profit only to long-term BNB holders. For those who specifically buy BNB to participate in such programs from Binance, as a rule, a loss is fixed due to the fact that after the end of Launchpad and Launchpool, the price of BNB is very much reduced. Thus, the resulting profit does not cover the losses associated with the exchange rate difference. |
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Beginners tend to do things like that. Because I was in the same situation and condition when I was just learning to trade. I always open positions in a hurry and I also always close positions in a hurry. The point is that everything is too forced and always wants to be done quickly. Well we want to quickly have big profits in a short time...
Everyone was once a beginner and, accordingly, made similar mistakes. Only some gave up trading, while others brought new money in order to test another strategy and eventually found their own, which allowed at least not to lose their money. |
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These days, even the OGs are falling for these scams and not just newbies. These scammers are employing new tricks and tactics in defrauding unsuspecting victims. So sometimes, no matter how careful you are, you can never be careful enough.
If the organizers of the ponzi scheme are not too greedy at first, they can attract a lot of people to the pyramid. In this case, if the APR-APY is not too high compared to real figures in the banking sector, it will contribute to the fact that people will perceive it as a successful business, and not as fraud. |
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...So the problem is we have to be able to restrain ourselves. And we should only enter into trades when we are truly psychologically prepared. should not be too excited but also should not be too lazy in making analysis and trading. Everything must be done quietly...
It is obvious that beginners want to earn a large amount of money as soon as possible. Therefore, they believe that if they open new orders more often, the faster their goal will be achieved. The fear of lagging behind the market movement leads to mistakes that entail the loss of money. |
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Although there are a lot of issues surrounding the project and the community, as far as I know the people who have previously joined SEI are feeling dissatisfied with the meager rewards during the testnet. Honestly, I feel that the project may not have been generous when there were more controversies, moreover the current valuation is also too large compared to similar projects in the current market context.
In the long term I also think it takes time to develop, looking at the current price it still seems too high, and also looking at the vesting schedule, the price will be able to impress in q1 q2 2024.
I think the main reason is that very few coins were distributed as airdrop for those who tested the network in the testnet. And if more coins were distributed, the more coins would be sold accordingly, which would certainly entail a stronger price reduction. |
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...In my opinion an experienced trader do not face such situation because he knows how to manage the circumstances that are against his hopes and he learned all the things before taking step into trading so if a person is facing such situations then main thing is that he does not understand the market completely so he should stop trading here...
Obviously OP is not an experienced trader, so the fact that he does not lose his money is already positive. After all, we all know that the main thing is not to lose your money, and profit will come to us together with knowledge and experience. Now he needs to carefully analyze his trading to understand the reason for his unsuccessful trades. |
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...Over trading: reduce the amount of time you spend trading or sometimes, when you have won a trade, take a rest the following day to come back to the market with a clear and fresh memory.
This advice will be the most useful, since in this case the trader will be able to skip his unprofitable deal and in the end he will have only profitable ones. The main thing is that he does not mix up, otherwise otherwise he will only have unprofitable transactions. |
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...Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month...
This is similar to a casino, when the probability of winning is 50/50, and in your case, the trader correctly guesses the direction of the market with the same probability. This type of trading is more like the trading of a beginner who does not use trading strategies in his trading. |
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...Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000...
You forgot to write about a casino where you can take your $150 and bet on zero. The method you describe is very risky and does not guarantee the achievement of the goal, even if you repeatedly use it. And thus your profit, if you can get it, may not cover the previously incurred losses. |
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According to the announcement published in the Bitget - https://www.bitget.com/support/articles/12560603796549 blog, the exchange introduces mandatory verification for new users from September 1, 2023. All old users and those who will be registered before September 1, 2023, must necessarily pass KYC before October 1. Who's next? |
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The easiest way to trade Bitcoin is the basic buy and sell model by using peer2peer trading which can grow your coin stash in no time and I think this is the best!...
If this was a really fast way to increase the amount of BTC in the wallet, then everyone would only be engaged in P2P. But in fact, everything is completely different from what you write, since at any moment the price may change and you may find yourself in a position where bitcoins are sold, but you will need more stablecoins to buy them than before. Am actually very correct about this & people haven't just developed the interest in it probably because of KYC concerns and the alike, think about it...when it comes to hodling what happens is that your coins quantity remains the same and only the value changes no matter the duration you hodl them, but with p2p your quantity of coins changes with time and value, meaning after a certain duration you get to have more coins than you started with! Hence my reason of saying it's a better choice of trading. In order for the number of coins to increase in the wallet, knowledge and experience are needed. In this case, I will also be right if I say that futures trading will allow you to quickly increase your deposit, but many beginners lose their money at the same time. |
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Money can manipulate one's mind. Greedy people don't investigate, don't spend time searching, but instead, they directly jump into those influencers that offer them money...
They are not only greedy, but also stupid, who do not understand that money does not appear out of thin air and have no idea how the cryptocurrency market works. For this reason, they easily believe scammers who promise to increase their deposit by 100% in 24 hours. |
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Planning about collection some MORE altcoins and thats why i manage extra money for that...
Now the price of altcoins looks attractive to buy, but there is no guarantee that the price will rise after this dump. I can assume that the price of bitcoin will continue to decline in the near future, and this will negatively affect the price of altcoins. It is possible that the correct solution in this case would be DCA. |
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Why don't you use the "leaked signals" to make your trading account bigger yourself if they are really accurate, instead of looking for $25 in forums?...
Obviously, he has already lost his money following these signals and now he needs a new portion of money to continue this exciting activity. Or he thinks that by "selling a shovel" he will get more money than he himself will be able to find gold. But in any case, it all looks unethical: steal and sell for half price. |
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There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend...
A lack of skills and experience usually leads to unfavorable trading. In such cases, instead of opening a short, a long position is opened and vice versa. It's all becoming like a casino. And so it goes on until all the money is lost. |
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...In any case, investing into BNB is a great idea and everyone should have some BNB in their portfolio.
Today, Opense has again added a negative for the BNB coin. Starting from August 19, the platform ceases to support the BSC blockchain due to the high cost of maintenance - https://www.theblock.co/amp/post/246384/opensea-ends-support-for-bnb-smart-chain/. It should be borne in mind that very often after the release of such news, the value of the coin decreases and you may need to wait with purchases. |
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The easiest way to trade Bitcoin is the basic buy and sell model by using peer2peer trading which can grow your coin stash in no time and I think this is the best!...
If this was a really fast way to increase the amount of BTC in the wallet, then everyone would only be engaged in P2P. But in fact, everything is completely different from what you write, since at any moment the price may change and you may find yourself in a position where bitcoins are sold, but you will need more stablecoins to buy them than before. |
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В этот раз мало поздравлений...
Прими и мои поздравления) |
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