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Fastest way to get rich? not really
I've seen people who got Rekt fastest
careful on Crypto's buddy, not all people who got ride on the boat going to moon will also be applicable to you
I don't believed in a get rich schemes as it may also hinder you to go through successfully, it will always include greed that is more dangerous and may lead to more losses
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Unless you're a registered crypto trader which is actually doesn't required or even exist then its not obligated to pay for taxes
Though it may possible to declare how much income you are making its the exchange who in the first place taxing you
might be a local or international
Its also ironic in the country which doesn't approve crypto taxing people with it
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Learn it the hardway
Have bitten by the FOMO so many times
Hurts a lot dude, next trade will be more cautious
If I'd missed the bus, its fine, another train will pass
Don't think that its already a profits end, there will always be another ride
A fractal ride
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone .  Steps 3, 4, 5 are way too broad A newb may get hard time achieving your vision and may frustrate them, worst force them to leave or turn crypto down I suggest to change the vision, if you are new into trading and start with mastering Analysis Vision - Mastering analysis, more trading wins and less trading loss in a matter of 1 year If you hit this, you are now prepared for a 2 BTC challenge |
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Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.
Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.
It would be better if you take out small profits or sell when you feel it is a good way to come out. I was trading with a higher expectation and it was not successful Define your own perfect trade instead A perfect trade has a loss but minimal Its for being profitable, not meant for a big profits but to avoid loss its always a learning that will make those definitions be achieved |
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What do you think, what is the reason for the rise in price of ripple by 40% in 2 days? Is this speculation or is there any reliable positive news about this coin? The bitcoin rose only 2%, and the ripple shows such rapid growth. What are your thoughts on this?
It is pure manipulation brother. as always. they are pumping some coins . we need to becareful and we need to choose coins which didint pumped yet. i heard some news about ripple which name is xrapid. i dont know what is that but i believe that price increasing is manipulation. Ripple is one of the top coins that is manipulated too much. You can see how manipulated it is if you watch the chart. Dude, by looking at the chart volumes I also see some indications to go pump The way they pump is also coincide with their promotions, fuds? not actually, ripple has a great technology, though they will pass through banks to banks which is probably mean a centralized transactions, a government controlled environments |
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Well, it will die if the level of fraud in ICO increases sharply. Which is makes the investors are not interested and do not trust in ICO anymore. In this circumstances, no one else still invests or contribute in ICO. I am sure, it won't take a long time for the ICO to die.
It does increase Rapidly Forcing government to ban it from a certain countries But still they are there, easy money on the scammers perspectives Just be cautious on joining certain ICO's Whitepapers are certainly not enough as it can be paid creating it Though a lot of legit ICO's around there and promising ones which would be a nice opportunity on this bear market conditions due to low coin price |
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It all depends on the target of each person because everyone must have their own profit target. The most important, amount to close a position is greater than the amount when starting. Whether it's 50%, 100%, or even 500% depends on each person and the most important thing is to make a profit. The profit targets that I set must be different every time I trade sometimes 20% or even 45% depending on current market conditions . I have never set a profit to close a position in the amount of 80% and above because it is very large in my opinion.
Dependencies on what coins you want to hold does it worth it? FA's comes unto this, I usually check history,status and successes The deepest and the highest gain of certain decent coin If Im certain that the coin would go back to its moon price, 400% is attainable Of course this is far different from a short term trades I am taking |
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My trading experience, Buy shitcoin high Sell shitcoin low and got rekt It means that you are unlearned about trading and what is happening with it in different market conditions so if you have all this information and knowledge then your trading experience will be positive and now you have negative experience so you must proceed to learn first. I have seen many traders as they are having a good time in the crypto world besides which they have a lot of knowledge about it that is why they know better how to deal with different market conditions. Those are normal things for a newb You rather buy it from resistance and sell it in support If these were you until today, despite of learning TA's, then I guess you're read it wrong so reverse it flip your charts, sounds funny, but effective and tested in me  |
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To be honest there is only one rule to be followed with every brain cell when making decisions around the crypto sphere. And the rule is - Only "play" with the money you are willing to lose.
And that's basically it, one easy rule.
Of course, in my investment, I always take it seriously. invest idle money, accept losing it if bad happens. Thanks for your very helpful comments. This is something that newcomers should pay attention to Its a start up principle basically the amount you afford to lose is not the amount you want to have in profits invest what you can afford to lose until you have your confidence to aim higher If you already gain confidence and skills, you shouldn't now worried to lose and start investing higher |
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The best way to manage your losses in cryptocurrency is to forget about it and move oin with your journey. There are so many cryptocurrencies in the market and loosing in one doesn't mean you would loose in all.
Don't forget it, learn from it I rather list those fails, listing them all one by one checks where did I find wrong, then improve It takes time for me to get real profit, just don't give up and keep moving |
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Should have bought it a week ago. It has doubled since then.
Luckily I'd bought some made a 60% profit and withdrawn already not sure if this will continue on if btc began to dump well see how those pumpers consistency |
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Better sell everything, hurry up and exit all the crypto markets right NOW!!!!! Bitcoin is going to ZERO and all altcoins and tokens will disappear into a black hole!!!
Bitcoin is BTCBTCDEADBTCBTCF to pay respects I think you are very much mistaken and will soon regret your words... Bitcoin and other coins have a good future and soon we will see it... LOL that was clearly sarcasm, both my post and the one that I was quoting. Get real dude, why would I be here on a bitcoin discussion forum if I thought bitcoin was going to die?   Well, not surprising, a lot people already proclaimed the death of Bitcoin from the beginning But I guess, some of them died first than BTC .. Lol  Red candles and Dips is a part of market flow, you must not looking only on bull ones and must adapt also the bear markets |
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Tech Bureau Corp. is reported to have been hacked by irresponsible parties and suffered substantial losses, is the exchange no longer safe? Is it true that they are only making it up because they want to control investors' assets ?
This sounds like a conspiracy to investors
nothings new, every exchange is susceptible for hacks its a part of the risk of crypto world safe is not the right word, rather a minimized flaws of every exchange, security standards are the basics Conspiracies doesn't have enough evidences proving it and will remain hearsay |
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Some noobs are always after what they would get immediately and not prepare for a better future. This is applicable to those who dump whatever coin they have by not making accurate analyses on what to do. There are some coins that are not in any way near their threshold. Some coins are still crawling in price, because they have not yet got any usage.
Why don't you hold it, instead of dumping immediately for a meager amount.
If you patiently and wisely hodl what you have, it might make you a great fortune you have long expected.
Therefore, do not live in today, but prepare for tomorrow...
That is why so many people are not making any money from cryptocurrencies, they are all about today and the money that they can get out of the market now not reminding themselves that investing is something that you do for the future. You have to be patient and wait in order for you to make the most profit out of the market. Some decisions are basically affected when they need money to cover up costs or bills If you truly believe a coin would soar its a worth to wait, and pay the bills out of your own pocket otherwise if it cant wait further, make at least half portion to be left for holding |
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Mining for no risk, without knowledge
Trading needs knowledge
Not true Mining also needs knowledge And definitely has risk Imagine you buy an ASIC miner worth 1000$ and in a matter days became useless knowledge should be a part of it, research a better mining gear and coin to mine and the seasons |
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When I select a particular share to purchase, I go through all of their financials, their management and their history. Do you guys do the same for tokens or you follow a procedure of reading trends and predicting turns?
For a token, yes, FA is significant and a part of research though basically the two should be considered FA to ensure tokens are not just a Sh*tty come by and go scheme TA for timings and if you ever like to short trades |
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Week 6 has ended!Hello everyone, payments for week 6 have been sent in this transaction . Out of escrow funds, will try get a BTC funded.
Questions are welcome!
Will check new applications later today/answer questions.
Hi Zapo, Just in case the counting has been mistaken in my post count would like to clarify if its indeed only 30 is accepted thanks |
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ok, im curious about short time trade, how much time for short time 1,2,3 day??
and if within this period, you lose your money, what will you do? sell it (cutlose) or hold it, (but i think its a short time so no reason for hold it for longtime right?)
It all depends on your purpose, if you want to get instant profit and short term trade, you should be ready to lose (cutlose). but If you want to hold, it means your purpose for long term trade. Every strategy must require different ways of making decisions. We will never be able to do the same strategy because conditions and situations will always change at any time. Long-term and short-term investments can produce something satisfying and what will determine is how we respond appropriately to all these conditions. Every trade comes with a game plan do not engage or open a position that you do not even think where to exit, or created only by your FOMO Decisions are already placed once you entered a trading platform it is also applicable to short term trades These are the basic steps I always consider and always hit a profit |
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