I know we all can make a good profit when markets are going up but since last, one-month markets are down. So how is your portfolio is doing and are you selling or holding?
I sell all my shitcoins and hold eth/btc instead, then do more bounties and after, I use my time out of the market to not to see the bloodbath because it's creeping me out. This also makes me healthy because I enjoy working out than trading these days  I think you have a good decision in this situations so you can keep trading to make a profit and still holding and choosing only eth/btc is a good decision too because this two coins will increase higher once the market is moving. doing bounty is another thing that you can do while the market still unpredictable right now and besides that, we can earn another token and we can expect to sell it on the market when the price is increased. Actually trading becomes more risky nowadays because the price of most crypto tends to decrease. hold the fiat looks better but doing cutlose is a bad thing. so I prefer to hold my assets. luckily most of my assets are in Btc and Eth which will certainly recover. at this time I more often follow bounty and airdrop than trading lol |
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I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.
This has been the concern of every investor, they are holding at a loss, especially those eth holders, you can either sell now and avoid further loss or you can wait but it will take a little longer, the decision will always be yours since you know what are into. Waiting is really tiring, especially when we do not know how long to wait. Bitcoin has prove its worth for quite some time already so let us not waver in waiting. It is just going through its downtrend this time. For 2 months this downtred happen, bitcoin price is really very chaotic and there is no recover after the price decline since january. I know the feel waiting for a long time. very boring and tired but it is true what you say that this waiting will be worthed. just as last year will skyrocket at the end of the year. so be patient dude, I'm sure you'll get good results in the end |
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I do strongly believe in working smart to working hard. Here in my country, a lot doing the 8-5 office work have been doing the working hard. And I see a lot not doing office work earning quite much more than the office workers. Even making a comparison of site labourers and office workers too is another example of working hard and working smart. Now that we have machines available, it is important that works are done smartly and save time and optimize efficiency.
Yeah its sad but true. is it creative work the same as smart work? sometimes I feel sad with someone who work in office from morning till night only earn a small income? whereas artists who work creatively on a television generate enormous money in a short time? or smart work by utilizing their skills to make big profits like designers, photographers, and so on |
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Well then just sell it and take the loss, don't stress it out, it won't have good effect on you in the long term.
I understand how it truly feels, but the way you respond to this kind of situation is what matters the most. Any pieces of advice will help but it's only you who can make the final decision and final say. To deal with it is to be patient, and wise enough to determine the best time to sell and gain huge returns. Just relax and play the game smartly. I think selling is the last option if you have no other way out. I think selling or doing cutlose will certainly give effect for long term dude. because what you should get is profit if you want to be patient but what you produce is a loss. I also feel the same stress because I still hold my bitcoin but my advice is better be patient. it's just about time. bitcoin price will definitely return to pump. just waiting for the right time so be calm |
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There's no perfect time to invest on bitcoin because of its speculative market maybe the right time on investing or buying bitcoin is when it is in a big dump or dip.
Yeah there's no perfect time when to buy bitcoin because it's speculative. but for when the right time to buy certainly when the price is going down. you can start analyzing when prices will stop dropping and you can start to buy that time and now there is a decline prices in market maybe you can buy at $8000- $8300 |
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Sometimes selling bitcoin is smart movement that we know tomorrow the price is so bad, so you can buy again after price dump
That's a pretty effective strategy. Sometimes selling a bitcoin is a smart choice. No one knows how much bad the future holds for FUD. They have the right to sell their property if they think it is the right thing to do. I do not want to judge their decision. not always sell bitcoin is a bad thing. not always cutlose is also a bad choice. because the price of bitcoin is fluctuates. it is possible the price keeps going down and if you do not cutlose or sell. you might get bigger losses ? the point is to do the calculations and analysis as best as possible to make choices |
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Knowledge is power you cant reach the destination without knowledge. Even you go for travel take a map to reach the destination so invest in yourself and educate properly learn deeply then earning will easy for you.
Basic knowledge of trade and cryptocurrency and factors which effect the market need to know.Learn to control the emotions and invest in stable coins having bright future.
Knowledge can not be obtained without a hard effort. Yeah you have to continue to hone your knowledge about trading and crypto. because the key to profit in trading is great knowledge right? other than that. controlling emotions will also play a very important role in trading. yeah whenever prices can go down and knowledge will not manage your emotions. it takes a strong mental to control your emotions in order not to panic |
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I think bitcoin will not lost it's popularity because as you can see many people are still invest in bitcoin and many investors now, many people are still believe in bitcoin if ever that the price will going down there is no chance to lost the popularity of bitcoin because what ever the price is going up and down the bitcoin popularity my not be lost for sure, i think they gonna be more and more.
Seeing plenty of news and fuds now in television, I doubt if its not popular, it gains more popularity de to this issues. It will be more of having more supporters since it will not lose its value despite of all this fuds. Many parties and the media did spread bad news about bitcoin and it happened everywhere including in my country. ranging from newspapers, television and various media vilify the name of bitcoin so don't be surprised if the development and growth of bitcoin disrupted but that does not mean the development of bitcoin stops. bitcoin will become popular only slower because of the FUD |
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Users at times out of curiosity try to test their luck through gambling. In this regard there some enter into trading to examine their luck without any prior knowledge about the market scenario. Very few among these get luck to profit big in a small time period, whereas most ends with loss and some gain experience and try to master it.
I think that almost all the newcomers learned from their mistakes, and not in the camp about high matter theory. All the same, there are the first basics that you will know, and everything else comes with experience. I think most ordinary traders don't have much knowledge when they try to trade. strategies that they know maybe just buy cheap and sell when expensive. and they think that strategy can be done at any time and for all coins. so most of what they get is a loss. but the experience will lead them to become even more smart and powerful |
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Any ideas what to buy now and keep for longer?
ethereum. ethereum gains is higher that bitcoin and most of the icos now is eth based that is why it is great investment if you are bagging eth. Ethereum is a good choose for big investors, if you have just 2-3k$ it will be useless to buy ETH. Not useless actually, but you can gain much more profit from other little famous coins. If your capital you have is limited or small while Ethereum is currently quite expensive and if you buy it you only get a few coins. it might be better if you buy another potential coin that has a cheaper price? of course the profits will be much bigger right? eg buy XRP, Waves, XLM, etc that still have a cheap price |
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The long-term investment strategy is a good option, but only if you hodl promising coin.
Also you need to fix the profit - I sell 50% when the coin grows 2-3 times.
I think the first condition to hold altcoin is that the coin promises to be hold. has great potential in the future. of course that potential can be seen from their project, technology that brought, and large users. make sure you hold the coins that have these specifications so the risk will be reduced and the possibility of profits will be even greater |
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maybe it is your lucky day, my advice if you have not understood the coin market better do not bet big. and it's a good idea to read first about how the current coin market develops.
Yes it is too much important to know about the market first, and when we become familiar with the market behavior then should invest big amount of money in trading. No doubt that trading can give us a good profit, but it is also a fact that if you inexperience in trading then trading can also be consider as more risky. Sometimes luck is very influential but of course the most important and influential is to analyze the price on the coin in the market first. if you've analyzed it of course you already understand and familiar with the change in the coin prices and of course you will know when it's time to buy and sell. well done dude! |
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I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p Do you think going HODL might be bad for the health?  In order not to experience stress, you need to have additional passive sources of income and nerves of iron. If you can't stay calm, hold isn't for you. Yeah I think you need other income apart from crypto so you do not stress. do not rely on income only from cryptocurrency alone. because that's what will make you stress because holding for a long time because the price does not go up? if you have other income sources you will not be too depressed to hold your bitcoin for long time because of waiting for the price to go up |
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Both depend upon according to the situation and affordability,Schedule,Time.Trading is full time job it need full attention and holding is best for long term just need to hold till you find expected moment where you want to be cash out.
Yeah I think it depends on the condition, situation and the purpose that you are doing on the trade. for example if you do day trading maybe most you will do is cut lose and look for another opportunity to get recover loss and profit. but if you prefer to play safe and don't want to lose money then holding is the right way to avoid losses but you have to be patient because sometimes the price to go up takes time and a long process |
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Everyone has different habits and lifestyles that can certainly affect their own financial condition. Could be, the tips you give can be useful for some people and not for others. There are people who make lifestyle as a necessity, some are just consider it complementary. There are people who think owning a personal vehicle is a primary need, others assume that it is a tertiary needs. So, it all depends on what we belong to.
I think the tips presented by the OP can be implemented (fit) by everyone. that do not spend money over your salary? of course everyone will go broke/bankrupt if they spend their money more than income they get, then "save first before spending" of course everyone wants to have a stable financial economy. so the priority for everyone must be to save first rather than spend it. |
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In my opinion, crypto won't end because there will be a adoption in some countries in it's technology. We can see many countries putting regulation on it but stopping it to end it's journey is hard.
I believe that cryptocurrency will remain as long as the internet still exists, and its value every year will go upwards even downward, also I think everything related to money will not be easy to end, Clearly cryptocurrency will not end in the next few decades. crypto is still very popular nowadays and will be increasingly popular because still millions of people have not adopted bitcoin yet and they will definitely start to aware on bitcoin and begin to adopt it. I believe in the future of crypto because of their technology. so as long as everyone in the world is not know yet about bitcoin then there is no chance for crypto to end |
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Holding coins for long periods is not a easy thing.but if u hold a right coin y will be in moon at the time.every this has its upsides and downsides
There is always a risk in crypto. To avoid losses, you should always check your coins. Old coins can also be very good profits. If you buy coins with a strong project it will bring you an advantage in a few years But definitely what he holds are all shitcoin as of the moment and I think he should just hold it and treat as a remembrance for his actions. I mean don't sell just to cut your losses because no one can actually tell what these shitcoins will gonna be like. Just look at verge now, after years of becoming a shitcoin it's now a must have coin so don't lose hope brother, I know you believe in that coin that's why you invested it at the first place. I think it's useless to holding if what you buy is a shitcoin because as long as whenever you hold. the shitcoin is already weakened in price just a matter of time until the coin is dead. so my advice if you want a low risk and hold have meaning and profitable then buy a potential coin and has been proven to have many users. You can see it in top marketcap. |
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For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Bitcoin does really have the chance to replace banks in the future because the growth today of cryptocurrency is very fast and if banks would not do anything about that then it was very sure that their business will really go down. Nope bitcoin has no chance of replacing Bank. Banks have a very vital role in the economy of a society and the state. banks are everyone's needs. I'm also sure you're still dependent on the bank. although bitcoin grows and develops. banks also do the same. it is very likely that banks will also have new innovations. bitcoin will become popular I do not deny it. but to replace the bank is impossible thing. |
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Effective time management allows individuals to assign specific time slots to activities .The purpose of time management is enabling people to get more and better work done in less time.Keep a journal of activities for a week to identify the times of day when you are likely to be most productive. Like me I have work divide time when to post in my BTC and my work.
Thats true. time management is so important that the time you spend can be used effectively. I also keep track and plan what things I will do that day. so I have a look at what things I do and certainly to save time and not waste time. if you have a lot of busy stuff it seems like you should start by making a note to manage your time. |
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if you play cryptocurrency for trading
then a larger fund will result in a larger reward
then I think to start trading with the aim to meet the needs of life, a person has at least 1000 USD
to get 10% profit maybe he should wait 2 or 3 days, so in a month he must get 1000 USD profit as well
but must remember the risk, that crypto market, is very dangerous
Yeah the bigger your capital then the profits may be you get will much bigger but you should know the risks on trading are big enough and very likely to happen? then you have to adjust your capital with your economic ability. always remember "Never invest money that you can not afford to lose" so you will allocate funds according to your ability. |
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