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We know that lottery has attracting many people to buy the ticket with a very low price so they can buy a lot of tickets and hope that one of their tickets can win the money, any money. But the truth is that the lottery is pure base on the luck so we are difficult to see we can win the money even to win the jackpot. We all too greedy to buy a lot of tickets and we spent too much money because we think that lottery can give fast money to us, but the reality is just a game that needs the luck to win.
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Any amount is okay as long as you know your risk. It could go to zero anytime in trading.
$100 might be low for some but it is good for starting. Just to test the broadness of how it will be done.
If you are still in doubt then you could go Youtube for some explanation. There, they use small amounts in their recordings just so to pull more newbies into trading.
In my own experience, I just jumped into trading and never had the time to look for research. Just monitored one currency in a few days then started with just a little amount, actually .1BTC.
I totally agree with you. Start with the smallest amount possible, because it will sooner or later disappear. Start with the smallest amount will help us from getting a big loss if the market is down deeper. Besides that, we can learn from the trade, and we can start to analyze the market. Soon, if you are familiar with the coin movements, you can use a larger amount to test your skills. But don't force yourself to use a larger amount in the first time or you don't know anything about the coins because that will be too risky. |
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He needs to fix the links so we can read what is in the article, I don't visit the links. It is up to you to invest in XRP or not. If you think you can make a profit from XRP, then you should buy it now, but if you feel you don't like XRP, then you don't have to buy. But for deciding to invest in XRP, you need to research more so you can get more information. Don't just follow what other people said before you research and analyze in the market because you are responsible for your money.
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The price now is on the right way to increase although the price is not moving so fast the price is slowly to increase. Soon, the price will break $11k, and I hope that it will happen in the next weeks, and we still have many times to see it will increases. If in this month, bitcoin price cannot break $15k, then we need to be patient for more because no one will know when the time for bitcoin to increase and we don't have to feel bad to wait.
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If the market cannot guarantee to recover this year, we need to wait for the next year, and that will make people waiting for longer. But that will worth if in the next year, the market can fully recover so we can back to make a big profit like 2017-2018. But this year, I see that we are in the right way to see the market is trying to recover, although in the bitcoin market is up and down many times. But we will see the market will recover from this year and the next year and we will see much good news soon.
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BNB still a good coin to buy now and I think now still a good time to buy. But you need to analyze first before you buy because BNB has unpredictable moves so that could make you buy at the wrong price. But I feel that BNB can increase higher in the future because the exchange still is one of the best exchanges so far. You can buy for a small amount first if you are not sure about the situation and you want to wait for a while to see what will happen in the next one hours.
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I have some friends who have traded in the market for more than 5 years but still lose money. So it's hard to say how to win.  I think he is never learning from the mistake so he cannot make a profit. It will happen if someone doesn't want to learn anything and only depends on what he reads on the news. The news can give the information to us, but we need to search more, and that is why we need to analyze for ourselves so we can determine what is going on the market. He can fix his problem, but only if he wants to learn more about trading, and that will not easy to him as he is hard to learn to trade. |
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I prefer to participate in IEO in the exchanges, but the exchange should be popular exchange and have reputations like binance, bittrex, and poloniex. If the IEO is on the small exchanges which are not good, then I don't want to participate because it's too risky, we don't know what will happen later. Besides that, I heard that some IEO could not get their success in the small exchanges because that is not working to reach more investor in their project. But the decision is up to you.
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I think people already have a solid portfolio from a year ago and now, they are waiting a good moment to sell their portfolio to make a profit. Some people still making a solid portfolio right now because they know that the bull run will come soon, and they don't want to be late to make the profit. The market now still on good progress to increase back after it's down more and more and I think this time is always a good time to buy more altcoin and wait for more.
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We are in the weekend and bitcoin still strong to increase. Hopefully, it could reach a higher price in the next week. I speculate to myself if the price can break $11k today, the price can increase higher tomorrow, but that will depend on the market movements too. The chart itself gives nice progress of the price, and from a few hours ago, bitcoin price still increases. Right now, the current price is at $10,800 according to bitstamp so we are close to reaching $11k and maybe we don't need to wait too long to see it reach that price.
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You can place an order buy from now on, so you don't be late to buy at that price level. But if you are not sure, then you can let it go away, and you can watch or check the market later. You can analyze their chart, and if you think that they are right, you can wait for a while so you can know when it's the time to place an order buy. But with the increasing of bitcoin price today, I am not sure that the price can get down for that price and we need to wait for a while for what will happen later. |
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I think the best advice I ever heard is "buy whenever you see a low price and divide your order buy." That could be true, but it depends on how the market situations if the market is in the bear market, we will see a low price in many times and that is not good to buy all in. I am sure there will be much other best advice we might hear, but we forget to list it all.
"Be patient, and everything will be fine."
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I think dex exchanges are safe, but that depends on that exchange itself because if they are serious with their website, they will protect the site from the attacker. They will use many ways to prevent the attacker, and they will take care of their website so the member can feel comfortable to trade in their site. But maybe there are dex exchanges which cannot protect their site, and I don't think that is because of they don't want to defend their site, maybe it's because they have a hole which they even don't know if the hole exists.
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I am afraid that no one will know when the bear market will over because it is out from any people predictions. We could only follow the journey of the cryptocurrency, and you can get involved without thinking about when it's over. If you could make a profit in the bear market, then it is good for you because you could survive and you can even make a profit which other people hard to do.
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When I choose any exchange, I consider its security first, then volume along with the range of different coins it has listed. I only choose exchanges with high reputation and do not ask for KYC to withdraw funds. Daily limits are accepted, I can understand the issue. Binance and Kucoin what I use most of the time.
Although Binance was stolen by hackers 7000 btc, they have their own funds for emergency situations similar to this. I think choose the exchange that most people use, which is the simplest and most effective tip That will not be a problem for binance because they still give the best services to their member. That is why binance still be the best exchange for many people. The security of the exchange will be the most concern for the traders so they can trade without any problem or worry if the hacker is suddenly stolen the member's money. Even if the exchange gets hacked, if the exchange can handle that problem, I think the exchange will still survive in the worst situations. |
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When you can buy bitcoin yesterday, today you can see you are making a profit because the bitcoin price now increases up to $10k. But if you don't buy bitcoin, then I think now you should wait for a while until you see bitcoin price down again. Your decision will give an effect to you and related to the market, and you should analyze by yourself. You don't have to follow other people suggestion if you do not make any analyze because sometimes the information from them is not right.
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Glad to see bitcoin price going stronger this day, the price increase slowly but it gives good progress to go up. If the situations are like this, I think in the next week, we will see bitcoin price will increase more than $10k and still increase more. But that will not happen if suddenly the price is down and that will make people panic for a while. Maybe in these two days, the price will reach and break $11k and no matter if the price is down, it will get up again.
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Because the cryptocurrency situation is currently not the same as before. So I want to ask all of you in here, so that I don't lose money in investing. Which do you think is better, buy when ico / ieo / tokensale and get a bonus or buy when it is listed in the public exchange/market at a low price? I personally prefer to participate in the tokensale but see the current situation, when a token / coin list in the market is cheap, this makes me very confused to invest. How about you? Can you share your mind and help me out my confused
I think you can buy the token when it listed on the exchange so you can buy at a low price. I don't suggest to buy in the ico/ieo/tokensale because you don't know if their progress can run as what they want. Besides that, when the token or coin is getting a list on the exchange, you don't have to use big money to buy those token or coin because the price will get down below than the price on the ico. |
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Will the price of BTC stabilize at around $10,000?🧐🧐
In the short term it would be nice to see bitcoin stabilize around $10000 but going passed this is something I fancy. I think the bitcoin price will stabilize in this price for a while, but in the next week, the price will start to rally. In this month, many predictions will come out, and we should be careful, we need to analyze deeper so you can find out the good price. I think after the price can stable at this price and $10k, it will reach a higher price, and maybe it will start a rally. |
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In line with that statement, it doesn't matter to me if I will be addicted to crypto as long as I would be benefited despite of being addicted. Being driven out by cryptocurrency, our addiction isn't associated to health problems but rather problems is how you handle your funds when you became wealthy in the end.
I agree with that. I think if the addicted can bring the benefit as what you said, it will be no problem for us and even we could use more time to earn more. I think the addicting to cryptocurrency will give us a way to make more money and more cryptocurrency if we can get them in the market which we can sell it when the price increases. So I think we don't have to prevent from the crypto addict and the important thing is we can manage our time in crypto so we can see our life is not about crypto. |
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