I think it's because they think that if the market is down they will have some losses. But I think instead of complaining because the market is down why not take this as an opportunity to buy and sell it at a higher price inthe future.
Right and this is also because they have lost a part of their portfolio in the red market. Some have also sold the portfolio due to panic selling which is a human error. You do not have to get emotional in the market. A rational individual will always stick to the initial plan and might also change the strategies according to the changing market structure as well. The red market is an incentive for investment. It is limited to our perceptions that it is a low market and we must be sad due to it but we do not think maturely that market recovers after each downfall so this time same will happen. If we buy currency at a little high price and from that time the market value drops suddenly then I will be in loss and I will complain with grumbling about the price. This is not a solution to complain but to buy at low market and to wait for the market to go high so that we may get outcome. |
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Would you like to find an investor and a trader who would give you trade advice? You do not have to search for a cash management mentor, you can find an ordinary financial trader and learn from him to trade. You can even study online.
The online way of learning to trade is far more efficient because you get to see so many traders from all around the world with different trading experiences and different advices regarding dealing with various factors that can either increase or decrease the worth of your investment. Finally you can have some market exposure by investing a little amount of money in some low price crypto and learn to put the learnt knowledge into practical work. |
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The most important factor should be supply and demand. Only when demand is more, the value of bitcoin will be greater.
The current market indicates that the demand of people is relatively good that is why the price is 6.3k dollar from three days it is stable here but this price is still low and is inside the circle of common people so they will achieve and afford it easily. This is a type of benefit too if people invest with huge amount and get coins in large quantity. These big investments will make the Bitcoin to go high and it may jump in the upcoming days. |
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i tend to sell the one that do not perform in the medium term
And this decision should not be affected or influenced by the high prices of Bitcoin. As long as you can earn profit in altcoin, you can sell it but not in the bearish market for this contribute even more to the fall in prices. If you are thinking to exchange altcoin for Bitcoin, better do the output analysis and you will be able to see which crypto can give you high return in future given the price of other. The prices are of course going to rise sooner or later in the last half of the year. |
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At the moment, I do not buy coins for long-term investment. It seems to me that this is very dangerous, because the market is still unstable. Perhaps we see a false growth.
I can see the incentive in investing in the crypto right now. I would love to HODL the top two crypto in the crypto market that is Bitcoin and ETH. Both have had a great market demand and have been in a sought of competition since their arrival of ETH. Bitcoin is more profitable in terms of marginal profit than ETH and there is no other crypto in market besides Bitcoin that has a marginal profit more than ETH. So better would go with these two for long term. |
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I remember once going to a casino when I was really tired. I was sitting on a couch when I started falling asleep. The next thing you know, a security guard taps me on the shoulder and tells me that I'm not allowed to sleep here which I thought was rude. He didn't ask if I was OK or if there was some sort of health issue, he just told me not to fall asleep there.
May be it would be weekend or too much crowded their and in that case they would not even care about anyone as they have the flow of the people and gambling. So any people who are not playing or relaxing or not feeling well, they would not want them inside and can leave the casino so that they have to take care of fewer people . Whether it would be a weekend or not or some other day in which they had a rush of people in their casino for gambling, the guard can’t do something as he has to strictly the instructions that he had been given regarding the security. Even if he would want you to sleep there, he can’t do that and would have to go against his will because the authorities wouldn’t like that. |
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The biggest factor here is self control, the greed to win more never gets satisfied until one loses every coin he have. Instead of celebrating, you'll end up crying.
Gambling has both positive and negative impacts, it depends on an an individual how well they manage gambling in their life, sometimes can win in gambling need to control emotions at that time. Suppose lose in gambling means need to have a patience for next win. I don’t see any positive aspect of gambling. If you have some positive affect of gambling in your mind, please do let me know so that the next time someone asks me about such thing, I would be able to answer his question. However, if you want to know the negative aspects of gambling, I would easily make a list of them and will send you if you want. |
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This analysis looks real now the market is responding in the same way we may see bitcoin 3000 dollars if the same downtrend continues
Well the first thing is that the analysis is not a real one but a nominal one because you are using the past data and comparing the present market condition with it while there are also other factors that determine the values of Bitcoin be it exogenous factors or some other factors. SO what I want to say is that do not loose faith for we might head another direction than the one you guys think. In my opinion, we will not fall and might approach to boom soon. |
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for me, emotions may have been the only thing that has put me down in trading. I have still not overcome it. Doesn't always get me but when things go south. I do get caught.
So you mean to say that the fall in the trading is due to emotional which is right. It is also due to the fact when you invest in a coin that is not of enough future profitability, and after sometime you realize it, you let it go not thinking about the consequences it would have on the crypto market. Also trading in the red market when your portfolio can earn you only a little money is not desirable as well. Knowledge plays vital roles in helping you understand things that otherwise are tough to make clear. |
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I have a positive mindset that bitcoin won't reach $3,000.
I don't want to go with the same feelings as others feel with the quick drop that bitcoin is showing. I've seen it $6,300 a while ago and it's playing on $6,200 so $3,000 for now is far away from what those TA's and your friend's saying.
Bitcoin is not a so much of low value as the value is 5.8k dollar recorded yesterday and we are looking at the graph and rates which indicate that the demand rate is improving a little but which made the value at 6.1k dollar today. The Bitcoin has a lot of potential and it will show it in the upcoming days as we observed in last year as the market value was low in the start and then jumped into a high market after increase in demand rate. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Emergency funds are not to be deposited in a time deposit account. Time deposit accounts have specific time before you can withdraw it and you can never tell when you are in need of it. Also it is not wise to invest emergency funds because you are doing away with the main purpose of such savings. Best thing to do with your savings is to invest, except for emergency fund. From the word emergency ,it means that funds always be ready because we dont know when we can use it. Emergencies is unpredectable. And when we allocated a money, savings and emergency fund is not the same. For the savings, it is not a good idea to put in just a bank.if you want to grow your savings ,it best to invest like the cryptocurrency You have a point we don`t know what exactly will happen so we should have an extra money for emergency funds, as what you have said in terms of emergency we have already available funds to it and having a mindset of saving the money in the bank is good, but if you want your money to become more efficient in the future you can invest in crypto. You have a point, it is better if we will sort out our money into different ways like the other one can be save for emergencies, other one will be kept at bank and maybe lend on a business. Everytime we get our salary or income always remember to divide into pieces thus, the money will not be problem in case of emergency. As long as you are an investor, that is good in your case. This is one of the wise things to do with your savings and to invest it in crypto that gives you some good future return. The best crypto to invest in is actually Bitcoin and ETH for long term. However if you little to invest, you cans go for crypto like NEO or litecoin that will incur you some good money upon cashing. You should also invest in property and real estate as the risk attached to these assets is very low. |
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I recommend you to buy at low value and sell at high price. The prices slightly go down, this could be a perfect time to buy. Some analysts said that by the end of june the price might goes up.
Generally the perfect time is now and we are to invest in it without asking from anyone because the market value of Bitcoin is very low which 6k dollar is today so it is available on such a low price. This is an opportunity for us and we do not have to miss it, this investment will benefit us the most. Most possible collection of Bitcoins will make huge profit more than the profits of other investors. |
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Now one of the main arguments in favor of the "bubble burst" are low volumes on crypto-exchanges. And I completely agree with the fact that the volumes are really low and until the volumes increase, we will not go up.
Yeah it is to be done because we are exchanging from barter system to paper currency and now this innovation will take place and nothing will stop it as many people say that it will never happen, but I say that it will happen and we will see that the whole world will use just one digital currency and that will be bitcoin, but it will take a long time as well. |
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I guess today is the day to buy more bitcoin it is likely to balance the value of bitcoin. As you can see the value of bitcoin now is not that high unlike the lastweek value and it is now stable unlike last week. The value today is like close to $6000 and increasing so better to buy more.
The problem is not when to buy but the problem is how to save money and invest in bitcoin. Time should not be a problem; money is the problem for many people. I think if I have money today I would buy bitcoin today because I know the future of bitcoin is very bright and I will make thousands of dollars from bitcoin investment. I will fulfill all my dreams from bitcoin earnings. |
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Although Bitcoin is not valid in every country of the world, Bitcoin has gained recognition in every country. From this contact, Bitcoin will be recognized as a worldwide currency. There is no human in the world who likes Bitcoin and does not want to earn money from Bitcoin. So, just waiting for that time, Bitcoin will be known as the global currency.
No, it is not right, the future is that of cryptocurrency and it will be the global currency in the coming future. More and more people are investing in bitcoin and we will see that one day the whole world will use only one currency and that will be bitcoin. I hope that I will see this time in my life but not sure about that. My children will definitely see the new era of cryptocurrency. |
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Losing streaks are like Achilles heel to most of us.
It's hard to walk away when you just want to cover up the losses. Ended up rage betting and then poof!
Lol. I like how to put it dude. But yeah is one of the worst feeling that most of the time you blame everyone even the dealer or the person next to you for bringing you bad luck. I even have to blame that slot machine I played because it always crippled my bankroll. hahahaha. But this losing streak was part of the game as well, and we should learn how to control ourselves and not to be in this situation because it really sucks. Not only two or three but I think every single person in this forum would give the same answer to this because it really feels very bad and sucks your mind even when you are losing continuously. It seems like at that time that this game isn’t made for you or has became hater of you. Anyways, we should control our emotion or if not, better to leave. I will agree with you in this regard as I have experienced the same thing in times in my life and I know how much bad it feels when the person is losing continuously against the people who even are not very good in that game and just because of their luck, they are able to produce the best in the eyes of people. Definitely, this game isn’t made for you if you are losing continuously. |
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Dice is my favorite one although the risk involve here is a lot.
Dice is a good game and let me tell you that gambling games are all risks but you need to be an experience gambler so that your chances of winning are more. Furthermore it is entertainment and we can play for fun. Roulette and other games are also there which are playing most in casinos. My favorite games are football and cricket and I like these games to play for fun. |
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If one investor has enough money, he/she can increase the price to past 20000 dollars. But then the price will go down to 5000 in a matter of hours.
Okay and how do you know the price can go down in maters of hours? No one can really say that but yeah if you invest in the red market and own some good number of coins on low cost, you can earn big upon cashing in future but in a day, the deal of earning so big is not quite possible. This is because the rise in the prices is solely determined by the invisible hand in the market. However we are hoping for the prices to cross the $20000 value till the end of the year. |
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How diversification you going to trade in to market that is reason your success.I just wanted to follow how the trading will go, how it's working.
There is no such minimum amount or high amount which has importance but all the importance is limited to a trader and is responsible for handling everything and making profit. If you have knowledge then you will handle everything easily but instead of getting knowledge if you are starting without knowledge then it is regardless of the amount you are starting, no matter how much high the starting amount are you will never get success in this case. |
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There is no good or bad cryptos for trading. For ex. I hate ripple coz it's actually not crypto at all. But a lot of people make good profit with it.
It is very easy to place your money in the market of cryptocurrencies but the major thing you should get first is the knowledge of desired market. If you desire for the Bitcoin then this trading will be for long term and you will have to handle it for long term till high market. On the other hand there are many other coins but favorable for short term and almost all sources are profitable. I do not think that it is so easy to find a good place to put your money in, i think that for that you need to do a good work, study the market, get suggestions from experts, and the most important is to learn the trading skill and get some experience in crypto market and only then you can find a good place for your investment. I think he can say that easy because he already knew the technique how to determine and analyze the crypto market to find the good altcoins to Invest. In my part, I used to see the top 5 altcoins, so that I could easily choose which I going to Invest my money and read those white paper as well. Choose best coins or rated crypto coins because you can not trust every source because the market is full of investment sources. Select the Bitcoin and Ethereum for long term trading while Altcoin, Neo and Litecoin are favorable for short term trading. Now if you want to start for long term then proceed for Bitcoin or Ethereum. On the other hand start trading with Altcoin or Litecoin so that you may get experience and upgrade to the Bitcoin. |
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