it is difficult for litecoin to reach over $5000 because the price now is still on the $120 and it's not increasing for a while. but I believe that litecoin can reach that price in the future but litecoin needs a big support not just from the community but from the investor too so litecoin can compete with the other coins. I think right now, litecoin still worth to buy while the price is not too expensive and we can hold it for a long-term and litecoin is one of the stable coins from the last year.
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How much of an increase is considered as a "bull market"
Probably, more than 10-15%. I guess the coins should increase up to 20-25%. In this case, we can talk about the bull market. Hope, it will be observed soon. I think it's about 15%-25% but I am not sure about the exact percentage because I don't know more about the percentage itself. but personally, I think it's difficult to see the increase in the price besides there is any pump comes in a second and I think right now, the price does not increase higher but it increases a little of the price and sometimes it makes us cannot be patient and only makes the instant sell. sometimes these situations push someone to hold their coins until they are sure that the price really increases so they can sell with using order sell button.
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Hello traders!
I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?
Can you share your thoughts and experiences about tradings.
Thank you in advance.
now I am just starting to try to trade, I am trading on ethereum coins. so far the problem that I often face is when the price has decreased and I must always monitor the price development. a common trader's mistake is that they choose to sell coins when prices fall because they are afraid of a bigger loss, while holding longer coins can recover a declining price. that it's true and it's because they are panic when prices fall and they cannot hold any longer. I think it's not a wise decision to sell the coins because, in that time, I am sure that we cannot make a profit and I think we need to learn about how to manage our feeling if we still get panic. and if we cannot hold this feeling, I think it is difficult to make any profit in the future because we are always getting panic because of the price is too volatile.
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you're doing good works for yourself so you can control your addiction and I hope that you solve the addiction so you don't have to come to the gambling places and play for a long time. I think we don't have to spend much time to play the games because this will makes us attractive for the next round. I think I don't play too long in the games and maybe it's about 30 minutes or maximum in an hour to play the games and I think it's enough for me to enjoy the games without spending too much dogecoin in that games.
I will not play 1 hour also because i know i will not win my bets and very rarely i play casino games and i too use Dogecoin to play slot games because of less price and fast transactions. yes, it is just for an example because I am not playing in more than 30 minutes or even in one hour because like you, I know that I cannot win in any of games and if I can win, it's only for a bonus and sometimes the bonus it's not much. using dogecoin is always better for me because I don't have to spend much coins amount and the dogecoin is really cheap so if I buy in 0.004 btc, I can get much amount of dogecoin and I think it's enough to play.
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I agree with the idea that those legal gambling places or huge casinos that can contribute to governments taxes. Aside from this the only positive thing it gives me is money, rarely give me money. Honestly, im more prone to lost than to win. I can consider entertainment because i usually gamble specially when im bored.
There will be hardly anything in this world which does not have any kind of advantages. It is just that in some cases, the disadvantages are more than that of the advantage and that because of which, most of the people think bad about such thing. Same is the case when we talk about gambling. It has some positive features as well but those are not sufficient to grab the attention of more people. and in the gambling, there will be more disadvantages than the advantages like you said. it is like positive and negative in other things, bad and good and else. and if we know that gambling has more disadvantages than the advantages, it is better to stay away from the gambling because we can lose all the money without a chance to get that money back.
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actually sometimes that causes me lost in gambling is due to ambition is so great to win the bet, but instead the opposite that I get the defeat.
It is good to see people who have some sense of living their lives. You have done so amazing that you have learnt better in time what to do and what not to do. Gambling is all about faking your luck and then fading your lives later on. So don’t just do badly with yourself and your family too. Live a good life and earn from some respectable source that can impart a good living. That is a good advise, gambling is not really a helpful activity when we are talking of earning money. It's actually wasting money because you do not win all the time, or even most of the time, they have the house edge so you have to pay to enjoy. so we don't have to keep playing the games in the gambling places in every day and I am sure that we have another activity to do and it's more important than just playing gambling only. or maybe we need to spend a little to get fun with our friends and we are only enjoying the games without thinking to play for a long time. I am afraid this is not the case with every gambler. Now paying a bit attention to this matter, if think majority of gamblers don’t function this way. Most of them want to play or win a lot so that they can win few bucks with zero efforts. They really need to get this point that we live only once so we should not waste our lives on such a ridiculous thing but enjoy other blessings too that are worth wasting time. yeah, you are right about that. maybe once they are losing much money until they don't have money again, they will think about this so they can their mindset to not playing gambling in every day. I am sure that after they get that point, they will realize that what they are thinking so far is wrong and they need to solve their problem in the gambling and they can use their time to make good things for their life too.
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today, I am glad to see the market is going to green and I see many altcoins is changing the trends and bitcoin is also change to the green. I guess we can see a good news in the next month which is tomorrow so we should prepare for the rise of the altcoin. but still, it still difficult to say that the market will go green in tomorrow because every possibility can be happening in the cryptocurrency so I think it is better we make a plan or strategy so we don't have to get panic when something goes wrong.
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Unfortunately its the human greed who has made the bitcoin in that way. I mean the first Satoshi vision was to have the secure and decentralised payment system and thats why they formed the blokchain and then Bitcoin as medium to perform the rest of the tasks. However everything collapsed when people saw that they can actually make the money out of it. Now is the time where bitcoin is mostly looked as the investment opportunity, a way to trade, hold, gamble except the currency. We are helpless in that one I believe that Satoshi has a good vision with the crypto, especially with bitcoin because he doesn't want the financial for every people is control by the government. so he starts the projects that will help people to maintain their own financial without any interfere from the third party and only people that will know about their finances. I think bitcoin only fall if people don't care about bitcoin again and they abandon bitcoin without giving a support but now, I guess people will give the support for bitcoin and the crypto because they see the potential of the crypto that will grow in the future and people see that they have another chance to have another source income.
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right now, I check the ethereum price in poloniex and I see that the price doesn't have a big gap of the price than yesterday and I think the price will stable in this range of the price. but unless there is any news that comes out, it will give an impact on the price so the price will moves to the higher price or even move to the lower price. still, we don't know about this and we need to be careful because the market is not unpredictable in this weeks.
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Before I only stop when I do not have money left in my pocket but now I stop when I observed that it is not my lucky day ,I will stop as soon as possible I do not want to keep on trying to take back what I loss just like before because I already know the more I try the more money I will loss.
I think you need to stop when you still have money and don't spend all of your money in the gambling places. I know how it feels when losing all money in the games and it's good that you can now stop as soon as possible and don't ever think that you can recover the money you lost because you will spend more money and the result still makes you lose all the money.
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I've never personally visited a casino place-based land, just visited certain casino sites in cyberspace. But I can imagine if I am experiencing such a problem, it doesn't matter at all for me, anyway., at nowadays we can gamble in cyberspace through many trusted casino sites that are could be more comfortable.
me too because I don't know where the casino in my city and besides that, I prefer to playing gambling in the hidden room so no one will know what I am doing. so far, when I am playing the games, I never get experience to be removed from the casino or get a kick by the admin because I never tried to cheat the games. I think we don't have to cheat or makes something not right in the games if we are only want to enjoy the games and we don't have to get trouble in that sites.
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I've been addicted to gambling before but since my determination is so strong to stop gambling and by the help of my love ones little by little I can control my addiction. Honestly I still gamble but I already put limitation to it and I look for another ways to make my self busy or divert into something that I know well.
you're doing good works for yourself so you can control your addiction and I hope that you solve the addiction so you don't have to come to the gambling places and play for a long time. I think we don't have to spend much time to play the games because this will makes us attractive for the next round. I think I don't play too long in the games and maybe it's about 30 minutes or maximum in an hour to play the games and I think it's enough for me to enjoy the games without spending too much dogecoin in that games.
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I hope this month and june will be ethereum months. Ethereum already recover after suffering on $300 and i hope on june will back to highest again at $1200. Its good coin and i think its worth to hold
We all expect the same with you, we wait later after entering the month of June whether the price ethereum will rise to the highest price, just follow the progress the progress and be patient I still hope that ethereum can recover the price and reach another high price like you and I am sure that many of us still waiting too. I am curious what will happen in the next month because I think the next month, there is a big moment for the cryptocurrency and I think it will trigger for some coins to back to increase again so I think we need to be patient for a while. maybe it will happen in the middle of June and we still have much time to see it later.
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it's too high for ethereum to reach because ethereum needs to break $1000 first and then break any walls in the market so the price can increase higher. but if you said ethereum to be $5000-10000 in 2018, I am not sure and I cannot give any words for this and maybe it is better to wait for what will happen later because we have 6 months later until the end of this year. it will be hard for ethereum to reach that number especially in this conditions but everything is possible in the cryptocurrency.
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ethereum price still volatile like bitcoin price because ethereum follows with bitcoin and no matter where bitcoin wants to go, ethereum still follow. but for reaching the highest price again, I think it's too difficult for the ethereum because the walls are too many and it needs more support from the investor so they can break any walls in the market. but I still believe that ethereum can reach every highest price in this year and I am sure that ethereum can reach the highest price like the last year.
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actually sometimes that causes me lost in gambling is due to ambition is so great to win the bet, but instead the opposite that I get the defeat.
It is good to see people who have some sense of living their lives. You have done so amazing that you have learnt better in time what to do and what not to do. Gambling is all about faking your luck and then fading your lives later on. So don’t just do badly with yourself and your family too. Live a good life and earn from some respectable source that can impart a good living. That is a good advise, gambling is not really a helpful activity when we are talking of earning money. It's actually wasting money because you do not win all the time, or even most of the time, they have the house edge so you have to pay to enjoy. so we don't have to keep playing the games in the gambling places in every day and I am sure that we have another activity to do and it's more important than just playing gambling only. or maybe we need to spend a little to get fun with our friends and we are only enjoying the games without thinking to play for a long time.
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if money would not be aproblem if i gamble then maybe i would try just to have fun.But if i have to release money to gamble, i will never,never try to play gambling because i don't want to take the the risk of losing my money
be careful when you still try to play gambling for fun because you can be attracting to the games deeper because if you lose, then you will be curious with the games and you will decide to continue to play the games. once you do this in more than 5 times in every day, you can be an addicting person in the long run and you will difficult to leave the games because of you still curious with the games. so I think you need to know that don't play the games for a long time because this will makes you feel comfortable with the games and you will keep playing the games over and over.
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I see nothing bad in this feat anyways. Identity verification is one major problem that needs to looked into thoroughly. One major way to achieve this is through regulations. : Everyone hear the news, seems in Europe the so called powers that be want to put more regulation for anyone who uses an exchange there to trade etc, they want to know who you are and when you are using the exchange for transactions in crypto. so much for using the block chain and having a hidden ID in a transaction must be a tactic to tax everyone in crypto?
anyone else read this? thoughts? its on cointelegraph.
something we dont want but who knows eh
although I am not read the whole news, I think if it's necessary, the identification will be implemented in every country that accepting cryptocurrency so the government knows who is people behind the crypto. but I don't think that every crypto user will agree with this because this is not their reason to use the crypto and they still wants to hide their identification so they can use the crypto with free. I think let's we wait for another news about this and we can see the response from the government and the crypto user.
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you need time for a vacation, to relieve stress. then after you feel better, you can manage the coin back, for your hold coin until it reaches the highest price point
going to vacation is a good idea but you still need to have money to go to some places and if you are getting lose, then I hope that you still money to go vacation. I think you can do another else than going to vacation because you need to spend more money and it is better if you can analyze how to recover your losses so you can get your money back. maybe after you analyze your losses, you can find a way to know your mistake so you can learn from the mistake and you can avoid making the same mistake in the future.
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I think the most common mistakes and problem of the traders they have to hurry to sell of the coin by thread of low price and they don’t have control the emotions.
I have the same opinion with you, the impatient virtues will make us fail in the market, many people are impatient and not wait for the price as they are, they are always close to sell at a relatively low price , compared to the real value of the coin, it is a fairly high loss. besides that, I think the common mistakes of the traders is because they are too greedy and they want to get a big profit in one time which they cannot always get. and the problems of the traders is they cannot wait for a while and don't have a patient to hold their coins and they only sell the coin because they are panic to see the market. we need to prevent this so we don't have to be like them and we can stay calm, we could still hold the coins, we can analyze more about what is happening in the market.
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