Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
Your initial mistake was an error in choosing the altcoin you want to invest. and maybe when you choose hit the hype that occurred at that time. when investing in the long run don't ever buy altcoin which goes up a lot because of the hype because it's risky we're stuck. For your own trading depends on whether you already understand how to analyze the market? already understand about the indicators that exist in the market. because trading is not as easy as many people say, especially if you have never traded before I actually didn't had any knowledge of trading or other at that time. That accounted for the huge loss. |
|
|
|
Personally, I prefer long term hold because it is what I have mastered. Well, I have tried Day trading once and I lost almost $100 which brought an uncomfortable experience. I can say day trading comes with its own expertise which the trader must learn and acquire before starting. The trader must also be ready to stay glued to the PC the whole day in order to see the trend of the coin.
Day trading is really hard to make money because we have to focus so much on the data of that coin so there will often be many problems related to our emotions. I think long-term investment is safer and you can completely control yourself if the market collapses unexpectedly. One way or another the most important thing is still profit because if you can not make money in this market, you will be a failed investor. Of course no one wants this to happen and you need to have more knowledge in order to survive in the bear market. I only analyze the top coins and always consider many times before investing. You're right. Many response I got says almost the same as you. But I have learned one thing here overtime which is what risk is all about. Anyone scare to take risk is taking a big risk. But minimizing risk is a great skill not common. Thank you once again. |
|
|
|
Day trading isn't as simple as just buying low and selling high, it just doesn't work much with altcoins in my experience you got to do it in BTC/USDT. If you take a look at the SNTR today, its almost worthless coin where you can't even see updates that can make the coin spike a bit to attract traders but with BTC the price can just swing in everyday where your chances of earning is much larger.
yeah SNTR is more than worthless. I dumped already. Thanks for advice. |
|
|
|
Lately,I have cultivated the habit of reading and researching. This is because I want to add value wherever I find myself around the blockchain -cryptocurency space. I have seen good projects doing well and the supposedly one wallowing in retrogression. Until now, I haven't come across any such project that integrate Messenger (Chat/messaging app), Wallet and Web 3 browser which is what I called MW 2. I was yet thinking this in my mind when I found out STATUS. To tell you what Status does: Status is an open source project for private and secure communication that integrate a messenger(status messenger), crypto wallet, and Web3 browser built with state of the art technology with the mission to secure communication tool that upholds human rights enabling community money, community law and through privacy, preserve culture. See more about them at https://status.im/It uses a ticker SNT and 88th position on CMC as of now. https://coinmarketcap.com/currencies/status/Such use cases as Status's is not quite common out there. What amuses me most is how Blockchain, Bitcoin and cryptocurrency in general are changing the world so fast with astounding innovations. |
|
|
|
geez man, that token is such a low price, makes me not very interested right away
it reminds me that the founders have prob sold as many tokens as they could for any price they could
imagine not even valuing your token at a fricken penny : / ill wait and watch on this one...
Low price is pretty relative with 100,000,000,000 total supply. But it's under 100 at the marketcap so they aren't most expensive pick and their coders seems to be active in the github so that's something. Nice. Mainnet is slated for 4th quarter which happens soonest. It would be nice as you said to do a little research. Don't hesitate to let us know your thoughts and suggestions. Many thanks.
Where you are getting this from? Looks like their mainnet alpha version was planned to be released on q3 on their web page's roadmap. Yes, coders are very active. I am.excied about the mainnet-alpha launched a while ago. Mainnet to happen Q4. I get information from the blog at https://blog.dxchain.com and on the telegram group as well. |
|
|
|
It has indeed made a long green candle but avoid the FOMO. That is not recommendable. As a matter of fact, you have to watch out as the candles are getting red. I think you need to sell if you have still some DX token left and perhaps buy when it will bottom out. The hype with their alpha mainnet launching has already lost its influence. Sell while the decrease in price is still below 1%.
Thanks for that. I've been waiting for it to bottom out but it seems growing instead. I've sold at $0.000641 but it ain't coming down rather. Now I wish to go in and target $0.000722. it's possible It is possible. I am with you on this. If your target is only $0.000722 USD, then you will most likely get it very soon. DX Token is growing nice right now, with almost 7% in growth. It has already entered the $0.000700 USD plus price, currently at $0.000711 USD. But this is not all about DX Token, the growth in price in USD is also being assisted by the growth of Bitcoin as well. I guess it is better of you to consider the Bitcoin price of DX Token more than the USD equivalent. Yes you're right. I would actually meant to use Bitcoin equivalent but a lot time, I find it hard quantifying in BTC. Right now, price surpass expectation. And I have more expectation. |
|
|
|
It is very possible for DX to hit -0.0072, and I hope it will happen within the next two-week! I just have a look at the DX chain blog and it was full of new updates! I did not buy it when you posted for the first time, but I will buy it this time. Thanks for the price updates.
Cool. You made a good decision. Now I believe you should be in profit. Price hit $0.000736 already. Enjoy while it lasts. Dxchain network is a good project. And the team is very hardworking and fostering cooperation and partnership deals. The CEO has been up as well attending big events to make is more famous and calls for adoption of the project. |
|
|
|
Yesterday I posted when I proposed DX token to hit $0.000722. Right now, price at $0.000736. This surpassed my expectations. However, a friend of mine changed his mind today. He was pained cos he refuted it when I told him to bag more. He looked at what I said " Not investment advice". This is expected as I wouldn't take responsibility for anyone's loss in the event of market downturn. But to hit jackpot in cryptotrading, one has to be fearless and rule out sentiments. Many has been bothering me which other coin I see to move up. I am not a coin analyst but few research I did shows DX token has every possibility of gaining momentum in the market as the team is good and has God use cases. Although, market has its way of making one look stupid. Nevertheless, Dxchain is cool. A coin I'm watching is Atomic wallet Coin. The team has been up lately and many partner's deals being sealed. I checked today and they got AMA happening today at 3pm UTC time if I'm not mistaken. More details on https://atomicwallet.io |
|
|
|
If we look at their road map, then there are some updates that will occur in this Q4 and they will pump that aims to look interesting and promising when they make further updates on the product later.
There has been several tech changes since roadmap released. And what I read shows they actually following roadmap but little changes to keep up with the trend. That's normal and expected. |
|
|
|
Few days ago, DX token hovered around $0.000500 to $0.000548. I fomod and sold waiting to recede but instead, it moves up. And now at $0.000681 as at the time of writing this post. I'm looking to fomo in cos I'm pretty sure $0.000722 is certain. Checking out on the project Dxchain https://blog.dxchain.com, I found what could possibly cause the rise be the mainnet alpha launched recently and project is good as well. I am not an investment advisor. Please do your own research.geez man, that token is such a low price, makes me not very interested right away it reminds me that the founders have prob sold as many tokens as they could for any price they could imagine not even valuing your token at a fricken penny : / ill wait and watch on this one... How well can you prove this to help us as well? |
|
|
|
If mainnet has been released, there will often be an increase in the price of the token, but I haven't fully DXed it will be good with the current price. I will research first, whether this prospect will be good going forward.
Nice. Mainnet is slated for 4th quarter which happens soonest. It would be nice as you said to do a little research. Don't hesitate to let us know your thoughts and suggestions. Many thanks. |
|
|
|
I remember Udoos token, it increases about 60% from its current price about 3-4 months ago. But hey, there's another problem, the last 3 weeks the price has dropped dramatically down to -90%. Be careful about holding it a little longer, instead of increasing, the price might fall at any moment from now. Don't get too excited, the Altcoin's market volatility is no joke.
Yeah nice one. But it's obvious price will always fall so long crypto is concerned. More reason I need some headstarts to make cool decision. Thanks for this. |
|
|
|
It has indeed made a long green candle but avoid the FOMO. That is not recommendable. As a matter of fact, you have to watch out as the candles are getting red. I think you need to sell if you have still some DX token left and perhaps buy when it will bottom out. The hype with their alpha mainnet launching has already lost its influence. Sell while the decrease in price is still below 1%.
Thanks for that. I've been waiting for it to bottom out but it seems growing instead. I've sold at $0.000641 but it ain't coming down rather. Now I wish to go in and target $0.000722. it's possible |
|
|
|
Few days ago, DX token hovered around $0.000500 to $0.000548. I fomod and sold waiting to recede but instead, it moves up. And now at $0.000681 as at the time of writing this post. I'm looking to fomo in cos I'm pretty sure $0.000722 is certain. Checking out on the project Dxchain https://blog.dxchain.com, I found what could possibly cause the rise be the mainnet alpha launched recently and project is good as well. I am not an investment advisor. Please do your own research. |
|
|
|
When BTC more than $20K again  Seriously, nobody really knows. I remember people saying alt season will start upon EOS mainnet launch but that never happened. Now, some are saying XRP will rally the altcoins and it doesn't look like it's going to happen. If you ever plan to go with altcoins hoping there will be an alt season, stick with the top 10 or top 20. Don't expect a 1000X or more from relatively unknown alts. Maybe when Bill gates fully put all his wealth in crypto. |
|
|
|
There are probably some good coins you don't know: |
|
|
|
|
ALts with good use cases and active team such as DX token by DxchainNetwork, Atomic wallet coin (AWC), Status Network (SNT). You really want to look into that.
|
|
|
|
Judging from the historical rise of DXchain, it is pretty good, in early September it has begun to increase until now. At Coinmarketcap, he has 118 positions and has been listed on Bilaxy Exchange, Gate.io, Kucoin, IDEX, coinuper and Bgogo. Maybe if other exchange listings like Binance, Huobi will increase.
DXchain itself is a decentralized and integrated Big Data and Machine Learning Network with Blockchain centric Computing.
Quite interesting and I will study more specifically.
That's pretty cool to see you have good research acumen. As i learnt, The Team are working towards that. |
|
|
|
People doing hard work for good earning but scammers are very clever & stolen hard working fruitable income within few minutes. i think we should be carefull.my opinon is that we should be store our coins who have get by hard work, in safest hard wallet software.
Scammers and hackers are getting better every year, so you should be really protective in all of your assets because they could easily steal it in a minute. Finding a good wallet is really not the best solution to protect your funds because even a online wallet that has a strong security features they could easily access to it, that is why you should be really using a hard wallet even it has an expensive price because it is still perfect to it's price and it is the best solution to keep all of your funds away from hackers. But does hardware wallet works without the internet? if so, It would be indisputable. i have seen cases where hardware wallet contained malicious program and soon as the owner connected to internet, all was vanished. Also, some lost their coins just as they connected it for transaction. i really wondered if that could be, not until i read about it and have one of the victims on same group i belong. |
|
|
|
|
Show Posts
