It could happen for you because you are legendary in this forum. Meaning to say, you have the capability to sustain you financial needs because you already earned a lot and still earning in this industry. But for us that cannot step up in higher rank will just earn cent. So, million dollars is away from us. Unless, if I have luck.
This can happen to anyone who really wants it. It is only important to understand that such a desire must be supported by appropriate actions. If you constantly learn, practice and try to become better in the trade, then you will certainly succeed. Remember that it takes time to become experienced. And you can start your journey to this right now. It will take time and you will reach your goal, earn $ 1 or 2 million. For example, now is a great opportunity to buy many promising currencies, which after a while will make their owners millionaires. Great opportunites can bring both success and fail together. Every step in leveraged trading is made of traps because this is what distinguishes winner and loser. 10k is not big money for such goal and almost average traders can afford such type of amount for crazy trading setups. It is not good time to buy promising currencies because noone can exactly calculate minimum dip ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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this is very funny, in my opinion most of the dumper are not those who buy bitcoin at the price of $ 19k but this is a game of price and the market is being manipulated.
everyone has different conditions, so when people sell at a cheap price, there will be a reason. well, maybe you don't have an urgent need so you can still hold the assets you have, and wait for the price to be even higher. It is true that for individual cases everyone has different financial consideration and their problems. So accordingly they take decisions even at times when they know it is better to hold than to sell but immediately when some one require money need to sell the coins and suffer losses. I hope atleast people do not sell in panic mode which could lead to further problems. Panic selling is name of speculation which checks the power of bull-bear side. Emotion control is underrated by crypto traders because volatile markets force them to take decisions really quick. That's how whales can "edit" price charts with avoiding whipsaws in cryptocurrency trading.
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MORONITY is strong in this community,
Transactional trades in all human history have said "Cut your losses"
But in BITCOIN people are told to "HOLD THEIR LOSSES, ... all the way to zero"
INSANE is the btc community.
They aren't told. They are recommended to hold. Why? Firstly, because it's not going to zero, not now, not ever. Even if some governments ban it, it will still be embraced by others who want to show that government the finger. Secondly, because it's not inflationary like fiat currencies. Its supply is limited, and it will still be there when weak fiat currencies are long gone. Read about the life expectancy of an average fiat currency. You'll be amazed how quickly they lose value and get replaced by new ones. Why should we sell? I got my coins for cheap and although they've been through ups and downs their value is still higher than it was a year ago. What you wrote here is like small concept of financial literacy which includes cryptocurrency trading. Holding lifetime is not way to trade colatile assets like bitcoin,penny stocks and other volatile financial assets. There different type of profitable strategies that can reverse the losses to winnings. Average price is key if trader wants to take advantage of price action which makes volatile up/down movements on market depth.
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#Proof of Authentication
Bitcointalk Username: tiptopgemdotcom Telegram username: @Hypersolution Campaign: Signature campaign ETH wallet address: 0x0a72fE1424Bead59eEDFa78d6A5276d741B0d067 RRC-20 wallet address: 0x6688791448FA18392c160CCaB72556A36B5F53DA
Thanks for accepting me.
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I feel trading at this moment is not right and waiting is better
I certainly agree with you. It is not advisable to do trading during this kind of market situation since all the prices are down. It is better if we'll just keep on holding and wait for the best time to sell. Things will get better soon where we could gain a good profit. If whole marketcap is down and every single number is closing a day in red zone so no matter to chase buy opportunities. Taking profit is last step so let's talk about prioritized stuff. Professional traders are looking for bounce and pullbacks in order to fill liquidity of planned positions. Hodling is not strategy like everyone is waiting for potentially dead miracle to happen. Thanks to Bitmex where smart money dumbs on losers.
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Everyone has emotions and trading is like every business model that you risk your own hard earned money to make money. If posiiton is in loss, trader not sure to cut position and he cant control his emotions this can be nightmare for every trader. Let the winning positions go to taste new high levels on chart and cut losses quickly.
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Hi, How much need Bitcoins for start crypto business? What you think about it? This thread not about mining business.
To be honest starting new crypto project is not easy if you are not experienced in this business model. Even 100 btc is enough to make your own team, hiring professional,skilled workers and renting fully equipment ready office. If there is no good idea behind project it is waste of time to start new useless project and from my experience it will not be used by community.
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In my opinion bitcoin will bounce back to 5000$ levels before making new all time high on charts. Bitcoin is dead ca right now and there is a possibilty to test a new dips. 6000$ support level can be retracement point according to my technical analyse.
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It looks like your portfolio has a bias on some cryptocurrencies like waves. Waves has potential to reach 50$ levels but there are so many alternative projects wanna to hit that goals before their competitors. Solid portfolio holders are diversifying their cryptos in order to minimize risks.
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I am agree with your opinion regarding to hit 100000$ before 2020. There are a lot of FUD spreads around the market and crypto chats. Fud is biggest enemy and resistance in front of bull market. Before hitting 100k$ level so holders may sell bitcoins in order to cut off profits before it crashes again.
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hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think Before i really thought it was corrections but now after some latest news like MT.Gox in which just revealed that they sold huge Bitcoins in which it really affect the market price https://cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market. This makes me believed that the real reason of the dip is the influence of big whales to manipulate the markets and their bankrupt reason is just to hide the truth. Mt Gox seller really made everything more bearish for crypto market. I read on thread that he will not be able to sell his bitcoins till September. 400 mln is big amount and i am not sure how he is so successfully selling his holdings on exchanges without any hassle.. Let's wait for more news and i hope this time news will turn market's colour to green.
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Checking blockfolio in every five minute doesnt change anything than making your crazy crypto enthusiast ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I always keep adding promising coin and tokens to my portfolio specially in down markets. Btc will explode one day big and that's the reason prefer to convert my bitcoins to alternative coins.
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Investing is risky and everyone can lose initial balance in chopper markets. That's a bit hard lesson and biggest reason i dont invite my firends to crypto and forex. Instead of explaining cryptocurrencies to my family i prefer to buy more and borrow money from them later buy cryptos. My time is valuable for me and i can spend it for research than listening to someone's crying voice.
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Dips are nightmare for someone and opportunity for others depending on experience of person. Either way you can buy dips or keep hoping to see more cheaper prices. I recommend you to keep accumulating in smaller batches before train leaves the station or train will leave early while you keep dreaming about low dips...
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I cant understand why people like you always in hurry and wanna to believe get rich quick schemes? Trading is not something can be done for two weeks and expect that kind of mentioned return. There is no reason to force yourself in order to take profit always from markets. Trading doesnt work in a way you stated in thread..
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I am optimistic about future of bitcoin and dont wanna to worry about price and markets. Corrections are temporary and recovery will come sooner than we expected. But that time when recovery starts you will not have a chance to buy for a such low price.So emotions like fear and greed should be ignored by traders and holders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I look at the market and it is growing again. So it is not over yet. I think this is the start of bitcoins recovery.
We all hope this is correction ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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This is totally depend on user himself. Who can force you to invest in something? Noone. So answer is clear.
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Waves platform is better than current ethereum blockchain. Wavesdex features can surplus ethereum features but russian owners of waves platform should increase the speed of development before some other projects release similar product.
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There are other alternative projects which promise new tecnhology better than blockchain. They are waiting for patient details to release full information about project. Better to check coin news sites in order to get limited information ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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