In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful
Greed is a common flaw. And of course I understand all the people who are trying to earn as much money as possible. This is our reality. Today it is difficult to survive without money. Each of us is trying to improve the quality of his life, and this is possible only if there is enough money. In trading, it is important to learn how to control the feeling of greed. Here it is important to realize that it is better to earn in small portions, but constantly. Without risking losing your entire deposit on the way to huge profit. |
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Yes, I read his tweets. That was funny. John McAfee once again arranges clowning. This is another PR move.
This man is an addict and an alcoholic, he has long been living in "his drunken reality." I"m sure that in this "his reality" he knows who Satoshi is.
John is just having fun and entertaining his followers on Twitter. Don't take his words seriously.
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Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.
Unfortunately, greed is one of the most widespread vices. All our life we build primarily around money. They rule us. Of course, there are people who put other things above everything, but I think you will all agree that living without money in the modern world is almost impossible. Moreover, each of us wants not only to survive, but to have money for good things that will simplify our life, rest and entertainment. In an ideal world, everyone could manage their own lives and their money - this is what Satoshi wanted. But in our reality, things are going differently. |
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Of course, this is not the end of the crypto market. If you have lost money, this doesn't mean that the crypto market has come to an end. Yes, you mismanaged your assets, which is why you are now in this situation. It is thanks to such traders like you, the other part of traders (experienced and successful traders) earn. It is sad that this happens. After all, in fact, your success depended only on you. Yes, the market situation in 2018 was bad and it was necessary to strain in order not to fall into the trap, but to continue earning. It was difficult for me to make money in 2018, but I was constantly learning what could help me to do this, I was looking for ways to earn money on crypto, not just trade. In general, don't despair, it is better to spend your strength and energy to learn what will help you earn in the future. |
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Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
First of all you should pay attention to the altcoin trade at a time when they have some events planned. Usually before the event the price of a coin is high enough to make a good profit. You just have to buy cheap and profitable to sell. Also, if you trade altcoins, you should have noticed that sometimes there is an "altcoin season". At this time, the prices of many coins reach high values. Your task is to recognize the beginning of this "season" and act. |
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Oh my god after the fall down of etherum from 1400 $ to 200 $ what do u think of the soon futur of etherum?! .. my opinion is etherum will get to the top again it's normal when it's so down with every other coin or bitcoin.. can i use patience as a smart solution to get rich with 4 ether now !
Even when the eth will be $1000, you will not be rich on 4 eth  . But seriously, the price of eth will certainly still be above $ 1,000, so don't despair and lose faith. Of course, in my opinion, simple waiting is ineffective. For me, the best option is constant trading. Just by the time when the eth will be at 1000 dollars, I would have turned my 4 eth into 30-50 eth and accordingly, then my profit will be much higher than yours. But you act as you are comfortable and I act as it suits me. |
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In general, the crypto market is attractive to most of its participants for this reason. If the price of a promising coin is high, then there is a high probability that it will still test lower marks. And vice versa, if the price of a coin is low then there is a high probability that it will become high. If the trader understands this then he will not be upset at the time of correction.
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Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
Of course the bull run will still be. You just need to understand that the introduction of crypto currencies in everyday life is inevitable. Therefore, interest in them will continue to grow. Of course, over time, market volatility will decrease, but interest will increase. How do you deal with this information - your own business. You can accept it as the truth, or you can doubt it, but your next actions will depend on your decision. |
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I am a newcomer to the crypto market.
Should I invest in ICO projects or would I buy bitcoin to hold and wait for the price? Please give me advice.
Sincerely thank you.
Since you are a beginner, it will be difficult for you, without possessing certain knowledge to choose the right project. To do this, you will need knowledge, the ability to analyze and perfectly understand what the project is doing. Of course, for any action in the crypto market you need specialized knowledge. But from your two options, buying Bitcoin is more suitable for you. |
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Ethereum has been use widely for ICO purchase which have given this coin a high recognition. And also ripple has been on test for her technology in financial institutions to use since it can process trasactions than bitcoin. Will these two coins replace bitcoin and become number 1 on the coinmarketcap
At the moment there is not a single coin that can replace Bitcoin. Ether and ripple don't have the characteristics that would help them to beat Bitcoin. Bitcoin is first of all an idea and all other coins are just trying to become part of this idea. So I'm not one of those who believe that in the near future some kind of coin will replace Bitcoin. |
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The crypto market is on a rapid downward spiral and almost all coins including so called good coins are down in prices. Is there any chances the market will recover? In my opinion, it takes the end of the year 2018 to recover the market. What are your views?
You know, I used to get upset too, when prices on the market went down, it caused me a number of negative emotions that simply destroyed me from the inside. But fortunately, I made the right conclusions and now it absolutely doesn't upset me. When prices drop low, I just buy coins that interest me. Later I sell them. I assess the situation this way: if I can influence the situation or benefit from it, then I do it. If I can’t do anything to make money, then I don’t worry about it, just wait for the moment when I can make money. Additional stress makes you inattentive and weak. So don't be discouraged now. Over time, the market situation will get better. |
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
I think if for you $ 1,000 is unimportant, then it makes sense to take risks, especially in this situation, the risk is justified. I would recommend buying only bitcoin. Why exactly bitcoin? I answer: - because you will not be a whole year and during this time its price will rise significantly from today's; - since you will be absent, then you will not be able to change something, so you need to buy the most promising coin and for today this is bitcoin. |
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
A large number of exchanges has both positive and negative sides. On one side, more exchanges are entering the market, which creates competition. Due to this, exchanges offer their users to use their services, because they have certain advantages. Some focus on the quality of services provided, others on reliability, third on low commissions, fourth on the lack of KYC during registration, etc. Therefore, each person chooses exactly what he believes is important. On the other hand, with such a large number of exchanges, the likelihood of unscrupulous exchanges that just want to earn as much money as possible from their customers increases. |
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I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
1. Read about the phases of the market and learn how to identify them correctly, this will greatly simplify your trading. 2. Learn to control your emotions. In trade, they are your main enemy. 3. Make a plan of deal before you open it. Follow the plan. This will help you in dealing with emotions and teach organization. 4. Constantly learn new information, it will make you more educated. Practice (on small amounts of money). Knowledge and practice will help develop your own trading strategies. |
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Serious discussion please.
Obviously some alts can have significantly bigger gains than bitcoin when it comes to long term and bull runs, the last bull run from 6k to 10k for example, sure bitcoin was strong, almost a 2x but some of the top alt coins did more than a 2x even 3x. However that's only long term.
Short term I don't see any reason to trade anything other than bitcoin, especially knowing how little volume some of the other coins have, even top 10 alt coins, for example stellar only has 33m volume. So my question is, what's the point of trading stellar, for example, instead of bitcoin? You know that even if you are a whale and trade a lot, you wont be moving the market as much, if you have 1m and you trade stellar, that's already huge and we all know the 33m volume is probably not even real, a lot of it from bots trading.
It's also much easier to follow bitcoin because, well, the whole market follows bitcoin. Bitcoin dictates where the market goes.
Bitcoin is undoubtedly the king of the market. And absolutely the entire crypto market at the moment depends only on him. But this is not an argument in favor of trading only it. On altcoins, you can occasionally earn very well. Only long-term trading is not the only profitable. You can successfully trade altcoins daily or middle term. Just watch the market situation. For the entire long bear market, altcoins trading mainly brought me a steady profit. |
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I have bought few cents of bitcoin last year thinking that there will be bull run as it was being speculated by many of thr users here. Yet, the speculated bull run was never happeb and instead it goes down to bearish market. I was just thinking that if I could only just anticipate the bull run or the pump that never happen.
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
Each has its own answer to this question, so you get subjective opinions. Of course, ideally, you yourself should have a good understanding of trade and create your own forecasts. No one can tell you for sure what to expect. But what you really should do is buy bitcoin now. Yes, in the future, the rise and fall in the price of it are possible, but in the end result, in the long run, the price of bitcoin will definitely rise. |
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Almost any kind of earnings requires a lot of time and attention, especially if you are trying to master a new area. Stress is an integral companion of this process. But the task of a successful person is to create acceptable and maximally comfortable working conditions for himself. So all you need is to learn how to get rid of stress. You can choose different ways, for example, plan a deal in advance, or stop day trading. But if the refusal to trade crypto currency is the only way out that you see, then refuse. But running away from problems is not the best solution, you need to learn how to deal with them.
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In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful
Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement. |
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I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞
But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.
It is not a matter of luck at all, but of lack of knowledge and experience. In order to successfully and consistently make money on the crypto market, luck alone will not be enough. Study the information necessary for trading, practice in small amounts of money and over time your situation will change. |
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While checking around, I came across some write-up of how long this bear market have been and we also get to know that this bear market is the longest. I found out this: https://www.ccn.com/the-crypto-bear-market-wont-last/amp recently. So what's your own opinion and say about how soon will the bear market be over? I hope that by the summer of 2019 the bears will give up their positions. And already in the autumn there will be a more significant increase in prices for cryptocurrency. But as a whole, the bear market will continue as long as it will be profitable for the big players. So be on the alert and don't trust any "confident" statements about what will happen, because no one can say for sure when the dramatic changes will begin. |
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