I'm here to to tell you and make an enlighten about the topic like we needed the money at the right time, so most of the traders losses their money when they didn't wait for a long term even if they had needed the money. then it is also an impact on the trading of the person, so there must be some of the trading strategies before getting into it.
Everyone does need money, but if you are ready to trade, it means you are ready to take all the risks. As you said about needing money at the right time, every trader should have money in addition to what they invest. Use it just in case an urgent need suddenly comes to them. |
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maybe it will apply to some people, but many of us who experience failure in trading, because trading is not as easy as we think. so that many people prefer to invest, which will sell it when the bullrun occurs. or those who are already good at trading also invest, for the safety of their funds
Yes, the final trading solution is hold. Sometimes our mentality is not ready for trading, trading and investing have their respective advantages. it is easier for a trader if his mind is ready to deal with market dynamics while trading. However, investing in the long term is also easier if we have sufficient finances to meet daily needs. It all depends on how much we have when we get into crypto. |
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To be able to know what will happen to the market in the future, that is only with predictions based on the analysis of several past market movements, no one can accurately predict market conditions that will dump and pump. If we apply analytical techniques, we can see the market with a support line for an up market and a resistance line for a down market. However, this does not guarantee that it will happen for sure.
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The percentage of profit back at the initial target setting that you have made. If you are a professional trader you should prioritize your trade management, if you have set a profit target for example in the short term 25% then you should take it immediately. Don't let greed rule your mind and make you regret it later. In my opinion Stay focused on the main goal according to the desired profit target.
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What are some of the best ways to learn more about trading?
If you have learned the basics in trading and already understand how trading works, you just have to expand your knowledge by watching tutorials on youtube, Update news about trading. You must continue to practice your trading skills because to learn the market is endless, there will always be updates regarding market movements. |
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If the time is changing, and the market price changed most often, that means our strategy must also be change as always.
Our strategy should apply depending in the scenario of the movement in the price. So, therefore, in your case, you need to change your way
of doing trade right now, due to its not effective obviously.
I agree, there are many strategies that can be used in market conditions and situations. If we use the same strategy in trading, it will definitely be very vulnerable. The continuous dynamics of the market make traders also confused, because the market does not always provide profits quickly. Sometimes patience is the key in trading. |
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You can read online news about crypto to know the basics about trading and how crypto trading can make money. At level 0 you must have great patience, to start trading is not easy to make a profit quickly and coupled with the risk of loss that can come to you. Learning to understand crypto is now easy for you to learn, because currently the news in the online media is always updated all about crypto trading. The key is if you jump in to trade, if you fall don't despair, you have to be ready to get back up.
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Financial constraints are a common problem among people, but having a strong desire to earn in trading is a great feeling of optimism for traders who are just starting out. With financial limitations we can also start small, for me a large capital is not the main factor for success in trading but having good techniques and skills is the most important thing. Start small and multiply the profits for the next capital.
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Is Dogecoin Dead??
Did anyone notice that Dogecoin price decreased. It's going down day by day. Hope it will go to the moon..
Dogecoin 13th position on coinmarketcap!....
In the present, Dogecoin is experiencing a very rapid increase. I reviewed the comments of previous comments to ascertain the holders of Dogecoin, and the issues that existed in the past. In the past it has also been widely discussed about this coin. I think this coin will still have its own fans, regardless of the project that is just a joke. that's true, if you look at the price of Doge coins last year the price is still very high, but many people want the highest price that Doge has ever achieved it is not realistic in my opinion, and currently the price of Doge has experienced a significant increase it has been seen in the last few days with so it is certain that there are still a lot of Doge Coin fans and all possibilities are still very open in the future. |
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What are your thoughts?
I only think about long-term profits without having to expect very large profits, I think realistically that the profit I will be looking for depends on the capital I have. if you want a 100x profit being on the coin meme is an option, but what you have to remember is that the risk you will face is very high, it's like gambling. |
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All forms of investing are hard decision making, short or long term will always create doubts in our minds. As soon as prices move against us our brain will ask why didn't we sell in time? We need to manage our thoughts to remain strong and not give in to the doubt. Because the doubt is not only for HODL investors, if we sell too early and see the prices rise again we will face the same problem. Our coins can be sold too early or too late, in both cases leaving profit on the table.
For me HODL is still the preferred strategy when it comes to crypto currencies because we are at the beginning of the crypto era. Many people have heard about cryptos but didn't buy them yet. It is still going to take some time for the majority of investors to hold cryptos in their portfolio. That is why demand will keep growing for cryptos and will keep the upwards trend going. The best way to profit of the long term trend is by just holding.
it's true that it is possible to take advantage of holding the coins we have for longer, but humans have emotions that not everyone can control them well enough to lead to regret and end up making mistakes that shouldn't happen, I think holding coins is a good long term plan or not. otherwise we must have certain targets, both time targets and profit targets. |
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The live SHIBA INU price today is $0.000079 USD with a 24-hour trading volume of $37,333,226,707 USD. Then many people flocked to buy shiba inu when the price is now close to 1 IDR. If I now buy with a capital of 1000 USD, is the future still a profit or loss if in Hold?  anything could happen but in my opinion with a high trading volume it is very possible the price will continue to increase, today the price has reached 1 IDR and has lasted a few days after the price increase so it is very possible the price will continue to increase, I hope so because I bet big on this coin to be able to repeat success like the Doge coin, I strongly believe it will. |
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
I think not even if ETH has solved the problem BSC will still be an option maybe it will only decrease because some choose to reuse Ethereum. The cost and speed of the BSC are the reasons people still choose to use it, regardless of the Etheruem that will follow suit. |
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I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
Every human being has emotions that are very difficult to control, especially when you have made a mistake, of course, if you don't have a knowledge base, the next mistake will continue to happen. What should be avoided in trading is greed, that is what destroys greed. it would be nice before jumping into trading, you should have basic knowledge of trading and also bring minimal capital at the beginning of trading to get experience, because the most important knowledge is your own experience, be it a bad experience or vice versa. |
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 Eth is making new ATH, after making a good correction like Bitcoin Eth is now moving to make new ATH. So what you are expecting about ETH ? Can it touch 5k USD this during upcoming week? I am very excited to see eth is trading around 5k USD. For why I am asking your opinion about it.  for the coming week I don't think there will be 5k prices. currently the price of ETH tends to be stable at 4.3k after reaching a new ATH in october the current is still very good without a too deep correction, so it is very possible when the bull market comes there will be a new ATH, maybe 5k or more. and that I think will happen but not in the coming week because it is so fast. |
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will shiba inu coin beat bitcoin or eth ? will it take a top 5 spot ?
Bitcoin is the top coin and Eth is behind it, I think only crazy people think that Shiba will beat Bitcoin, is it possible that you are a Shiba coin holder and have experienced huge profits so you ask this? I can only say that it is impossible. even to enter the top 5 coins I'm sure Shiba won't be able to. |
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That's the influence of BItcoin which causes almost all Altcoins to follow its movement, both prices go down and high.
I've been watching this for a long time and it's always the case except for some new altcoins.
I think it's very natural that when Bitcoin goes down, other Altcoin holders also sell their coins causing the same decline.
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I don't think it's necessary, it's enough to know the basics of trading by learning through several sites that discuss trading, but the most important thing in my opinion is to know a lot of things from the experiences of friends or people who trade first.
and for the first time to enter a trade, it is highly recommended to bring a small capital to avoid unwanted risks, the best learning is with our own experience. So, that's why when we understand the basics of trading, we can just trade with a small capital from where we will get a lot of learning.
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According to the predictions of many experts that october is a warm-up for the market to skyrocket in december, and it is proven that new ATH $68k can be achieved a few days ago, although it had dropped but now the market is back to the level of $60 up and i'm sure the positive trend will continue in the year this until the price can reach at least $90k.
The price of 100k which is widely predicted will not be long before we can see it, I hope. I also think that October is the start of a good move with a positive trend that will continue until December. I see this year as it did in 4 years ago it is very likely to be able to see the bull market at the end and the beginning of the year. |
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if you want high profits Shiba is the right choice. if you bought a few months ago now you have benefited very much with a very high price increase for today.
but I still strongly believe that the positive trend of the Shiba coin price will continue to increase, although many say the risk of buying a meme coin like Shiba is very high but it is well worth the possibility of getting a very large profit.
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