Unlike the market situation I used to cashout bitcoin and use it for my needs. I do this once after missing opportunity to sell at the peak in the past. Later on, if there is a need I'll sell bitcoin and other cryptocurrencies and make use of it. Even in this bear market I've cashed out little limiting my needs.
If that's what you have to do I don't think there's a problem because meeting the needs in life is also important, more precisely limiting spending because the current global economic condition is not doing well, Moreover, inflation is also happening everywhere and this is not easy |
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There are better altcoins than that. But 2025 is far away. No one knows what will happen. It depends on the team of that coin and market sentiment. Unless you want to invest with your gut feeling, skip it.
Exactly 2025 is too far to predict, in my view, no one can say exactly which altcoins will grow in that year. The safest choice right now is ethereum and bnb. The rest of the altcoins are uncertain and certainly let's take a look at Luna, a prized coin that also died quickly when bear season came. Depending on the situation from year to year, we will evaluate which altcoins to invest in, do not make predictions too far. Don't go too far because this is crypto where we never know what the future will be like, we need to see the progress from year to year after that I think at least we can analyze a little bit, Ethereum and BNB both coins are unquestionable and with current conditions investing in both coins is a good choice |
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I got 20 years in stocks trading and 5 years in Crypto, trust me that you don't want to do day trading you will end up losing all your money
if seen from experience means you are an experienced trader. but I think there are many things that affect the success of day trading, and by looking at the length of time I study I think there is something that is not good in the psychological arrangement of your trading, considering that many people are actually successful in day trading, for technical analysis I think you have mastered Managing psychology is also an important thing in trading and sometimes some people don't really care about it, to trade daily is not something easy because it requires a lot of things, maybe you can try to adjust the psychology of trading |
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I was once blamed for someone for advocating investment meme koins, initially the meme koins was very promising but only after a week turned out to be a scam, and since then I never suggested to invest in a particular project or coin, and it is better to do my own analysis because all the data has been Easy to get.
Lol that's your fault to give an advice for him to invest in meme token. Meme tokens were garbage token with bunch of scam tokens. You just need to always give them advice to do their own research. suggesting someone to invest in meme token was a very wrong decision. It has more than 80% chance to be a scam token. You shall never do that again for sure. but admit it that in 2021 there are many of us who really made its way to richness when the Meme coins grows really high and just dumped after several months . 2021 has been a very good year as many of us have benefited greatly from investing in meme coins, especially dogecoin. We never thought we would get such huge profits from those meme coins. Meanwhile, it's still a mystery which coin can rise high. If I were you, I would probably invest in bitcoin because too many altcoins are tempting to be an alternative investment. Maybe a clue that can be used as an investment choice is a list of the top 50 altcoins and analysis before you decide. The year 2021 can indeed be said to be the year of the meme coin and it can be seen from the number of people who profit from it, and regarding the current conditions, of course the market is still red and it takes time to get back to green, It's true that doing research and analysis is an important thing to do before investing |
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Discipline is the deal breaker. If you're consistent and patient, you can become successful over time. Moreover, once you start seeing small, positive results, you build confidence. So, follow a good trading process. And learn from your mistakes.
But the fact is that whether it's consistent or patient is not an easy thing, indeed to become a successful trader it takes a process and of course there are many things that must be done, learning from mistakes is one of them and it's important |
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If have fund I think better invest with old and potential project seems Bitcoin, BNB and ETH, how smart research with new project always have potential to be scam later although keep sell it as soon possible. Have listed with many old and potential project nowadays why have to make your time busy for investing with new project?
Investing in new projects is very risky compared to investing in top coins, I am worried why beginners choose to invest in new projects without analytical knowledge and experience, I advise every beginner not to involve investing in new projects because the loss factor is very high and it is no longer hype The IEO will thus suffer losses after buying tokens from a new project. Moreover, beginners are certainly not recommended to invest in new projects, their knowledge and skills are not sufficient and by deciding to invest in a new project it is very risky, investing in top coins is indeed a safer choice |
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Not everyone thinks of saving when inflation, most people will empty the balance to meet the needs, and I also feel the big impact of the inflation that occurs is continuing to take savings, now I try to sell assets for me to use business capital so that I can get out of difficulties finance.
Well, if there is no option but to sell some assets that you own just to survive and make your ends meet. Then you have to do it without hesitation. I would say some and not all, but if you are in a very tough situation and you have no option then you just have to sacrifice and restart again until you survive and get those assets back again. It depends on the difficulty level of our condition and if the conditions are really difficult I think deciding to sell everything is not a bad decision, this is life where conditions will not always be what we want, the most important thing is to consider before selling assets |
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Investment in Altcoins is certainly more varied than Bitcoin, very high price fluctuations open up opportunities for us to get large profits, otherwise it can also make us cry because of losing 99% of money in a month or less, the most important thing is of course depending on our purpose for holding long term or short term.
Before investing make sure we have decided for long-term or short-term investments, only after that choose which coin to invest and with the current condition I think the top coin is a safer choice, but it all depends on each other's decisions and don't forget to do your research first |
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<snip>
How's your experience using their service? Did you have any profit? I do not use any, and I think I won't use any of it. First, because I think it is not reliable. I mean, before you use any, make sure that you know exactly every algorithm of the bot that you are buying. Second, trading bots are too expensive, do you think it is even worthy to purchase one? Of you're a risky person, it's fine, but if you do not have a lot of extra money, I would suggest you to keep out of it. bots work according to the orders that make them while the market doesn't seem to be controlled by anyone, so bots will only work at certain times and we must be able to master it. Of course, we cannot depend entirely on bots, the best thing is to learn the manual even though it requires a long process until in the end we can trade at any time with our own strength. Moreover, many bot sales are actually misused using the pyramid system, and members of the bottom are the victims If I have to choose clearly I prefer to trade manually even though we really need time to learn it, using bots is not the right answer to get maximum profit, think carefully before using bots for trading |
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If you want to be a good trader you must be committed in some aspects among them one is selling your assets at a certain level. We often deviate from this track. Sometimes even if the profit is more than 50%, we wait for more profit without selling it. In return we fail to profit. Although many people consider it simple mistakes but it is definitely the biggest mistake trading business.
It's hard to remember how many times in the past I've made this mistake, and each time it was a lost profit. Now I try to take profits from every trade, sometimes I do it too early, but I do not miss the opportunity. When it comes to altcoins, then it almost always short term trades with stops and that's why it works for me. If we are talking about bitcoin, then I buy it for the long term and do not worry about short-term movements. But we must also be aware that mistakes are also part of the process. it all depends on us and learning from mistakes is important so as not to repeat the same mistakes in the future, Bitcoin for long term investment is very suitable and it is profitable |
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Dollar is making the markets go wierd. Euro fell to the level of dollar, yen fell. So did other major currencies. The reason is simple rise of interest rates by federal banks. Hope it will end soon...
It is a fact that the market is chaotic and for sure there are many reasons, this condition is certainly not easy and surely we all hope this can end soon, let's follow the progress and see what it will be like |
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When the market is still red as it is now, of course it is very risky if we invest in low cap coins, moreover the coins only rely on Dex and when the LP runs out it will be deleted from the market and of course it is safer if we invest in coins that already have ranking.
With bear market conditions it is as much as possible to invest with top coins, I think Ethereum and BNB are the right choices and as much as possible to minimize risk, but it all depends on the decision of each |
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That is why instead of blaming ourselves due to our losses and for our mistakes, we make a habit to consider this as a way to improve ourselves. Because in reality, no one is perfect and you're right, even experts suffer losses for not all the time we made the right decisions. This is how the market looks like, people will just be about to commit mistakes in order to know that our strategies are wrong and take action for not occurring again but too unfortunate that it can't be perfect no matter what we do.
It is important to draw conclusions and learn from your mistakes, because if this does not happen then there will be permanent losses. Mistakes are important for development, but if we are talking about trading, then these mistakes can be made while testing new strategies with small amounts, so as not to incur large losses. It is very important when we make mistakes, we should learn from those mistakes. at least that way we won't repeat the same mistakes, what is clear is that there is no need to be afraid of mistakes because it is normal as long as we keep trying to learn so never be afraid |
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In my opinion, there is no need to panic about that, the proof is that now ethereum has increased quite a bit, so in my opinion, if you invest in ethereum, don't panic because ethereum is a quality altcoin. and now more and more people are investing in ethereum including myself, because most people choose to invest in bitcoin and when it comes to investing in altcoins I think most of them choose to invest in ethereum.
True, panic is a mistake that will make us regret, the market is still red and not only Eth that drops, but almost all cryptocurrencies get pressure from the market, if we count since the last 5 months ETH is not too drop compared to BTC or BNB. It's better to stay calm and control our emotions because decisions based on emotions will only make us lose, indeed it is not an easy thing but at least keep trying to stay calm so as not to cause panic, the important thing is to believe that the market will go up again |
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Overcoming a bear market is very difficult indeed.Not everyone can overcome a bear market easily.However, different strategies must be adopted to overcome the bear market.Investing in bear markets is entirely risky. In this bad situation you should never invest in shit coins without good coins.But then you may face huge losses in this bear market that may never recover.
Yes, bear market is a period talented traders use to buy coins and hold until the price increase higher in the future before they can sell to make a passive income from their investments. I think, many traders will definitely get it right this season to invest on potential coins in this bear market that will bring more income when the price of coins increase higher in the market. Since the green light is preparing to remain stable before the end of this month of September, it will be favourable to any traders to buy more coins and hold to exercise patience till the bull market will appear before they can supply to make something good from the market. This is actually the season for preparation. The bearish season will not take forever and the recovery period will still approach. There are just lots of global occurrences that affect the crypto market so it remains down. However, wise investors are taking advantage of the bear. Buying at the cheapest price will be good preparation for a profitable future. The bear market is still considered as an opportunity. As long as we can make good use of the bear market it won't look scary, when it is bearish indeed many people take advantage of this time to buy coins and that is a good move, the important thing is to stay patient and wait for the bull market to come |
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ETC can reach $100, it's just that the community and developers must be united in carrying out this mission,
ETC needs hype and Good news again because currently ETC is losing bullish momentum after the Ethereum merge,
don't be in a hurry to reach $100, the most important thing is the progress of the developers running ,
and according to the chart it has also broken out, so the first target is at $50.
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is using spot trading to buy low and sell high for few dollars a good practice? a close relative said he was able to grow his crypto portfolio this way, is this a good practice?
obviously trading or investing in the spot market is much more comfortable and emotions will be more controlled than you are trading in futures trading, yes we know the profit in futures trading will be higher if you put up a lot of capital, but I'm sure many traders lose because they really really fail to contain their emotions and are blind about the charts. |
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long-term investment in my opinion is very suitable to be done now, don't waste a good opportunity,
because the price of crypto currency is falling and is at the bottom, I myself have also accumulated in several selected coins,
and my choice is Algorand, because I believe in the end Algo's year is really going up high.
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