Trading is risky in every market and if you are not well prepared you might ended up losing money.
Here's some example of the skills and things that you must have before you start trading:
1. Capital - Amount that you are willing to lose and you might don't need in the next 6mos. If you want good amount of profit, you can start with a higher capital but since you are just newbie start with small and invest big later on.
2. Knowledge - You must equip yourself with this thing and keep on learning because in trading you can learn even you lose money. You must know how to execute the basic, buy and sell and study more about the charts, don't depend to anyone.
3. Patience - You must be more patient in this kind of market, there's no room for your emotion here and your trading decision must really based on your study and not on any FUD news.
This 3 things can help you a lot on your journey, don't just focus on money make time for you to learn more and profit will come later.
I agree with you when you speak, don't just focus on money, basically I think trading is not only with money but also with strategies and strategies that will be governed by knowledge. So all the factors that you mentioned earlier are interconnected and will make us a successful trader. |
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recovery is certain but we don't know when that will happen. if you still survive with your coins better you don't see them leave for 1-2 years to come
That's right, it may be the long term we have to take at this time because the uncertain market conditions will be very risky if we choose a short period of time, especially that can cause panic. |
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I honestly expect an increase in the market, but even so it seems that it will still be difficult to occur because panic still occurs in the market.
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Bitcoin Cash is one coin with great potential and he has proven it with several pumps in recent days and even a few years ago Bitcoincash was able to compete with the price of ethereum, and there is no doubt Bitcoin cash is one of the worthy competitors for ethereum.
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
apologize in advance, but in my opinion all the decisions will be better if you decide it yourself because in investment or trade always involves money or funds so it would be better if we could decide for ourselves the best for our own money. |
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In simple terms, in my opinion, if we want to succeed in trading, how do we make decisions, whether it's the decision to choose coins and also the decision to buy and sell, we can get them if we can control ourselves or not be easily panicked
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Very difficult to not stress during this bear market if I stop and think about how much $ I have lost in the past year.
When my colleagues and peers were telling me to cash out some BTC, I thought they were crazy.
Looking back on it now, shoulda listened to them.
As I invested much in BTC last year waiting for the bull market, the situation seems to be a bit stressful. Although I do believe that soon, the cryptocurrencies will start climbing up again. in my opinion stress is inevitable, especially when we are in a state of stress in trading or investing in the crypto world. But I think many people are also looking forward to the stress and panic attitude of new investors to take advantage of it so we should be able to slightly shift our stress attitude and not cause sell in losses. |
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I always use cash in my daily life, because to be honest in my country the use of cash is still a tradition to buy and sell goods or services and still rarely do non-cash transactions.
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I played about with Bitcoins and litecoins and Feathercoins back in 2013. These were the days when Bitcoin was pretty easy to obtain through online mining pools and faucets ect. As time went by, I lost interest in Crypto and kinda forgot about it until Bitcoin hit 19k in 2017 . By this time I had changed my computer and hard drives and along with it all my passwords and wallets and dat files, to cut a long story short I searched all over for my old hardrives, ran recovery on one of the drives I had kept and found nothing I gave up searching and just got used to the fact that I had lost a lot of money. Fast foward to 2019 we were cleaning out a cuboard and at the very back was a shoe box and in that shoebox were 3 hardrives one of which contained all my passwords, wallets and dat files for all my Bitcoins, Litecoin and Feathercoins. I may have lost out on when Bitcoin was at its best but I now have all the info I need. I have sold some of it and will hold the rest until Bitcoin goes up again and it will. The money I got from selling some of the bitcoin and litecoin even though not at its highest I basically got for doing nothing apart from online pool mining and playing with faucets back in 2013, so im happy with it. Never give up if you have lost money on Cryptos and if you did what I did keep, looking for that lost hardrive it will turn up eventully. In 2019 it is so easy to buy and sell Bitcoions too and it was instant money from selling to transfering the moeny into paypal then into my bank account. How things have changed for the better for cryotocoins  You are one of the lucky people after being able to get back all the data that you have after it was lost. I believe that with your optimism and truly giving up is not the way to success. |
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Hi ! I have a lot of bitcoins, so I need a serious partner buyers, I sell it at -50% of its price, if you want $ 10,000 you pay $ 5000. I have more than 36 million dollars in Bitcoin, including more than 9,000 BTC. Here is the bitcoin address that contains the Bitcoins: 1MDq7zyLw6oKichbFiDDZ3aaK59byc6CT8 here is a video as proof. https://imgur.com/a/iqIp2oYMy email address: carneymark70@gmail.comPayment method : Litecoin LTC Bitcoin Cash BCH Ether ETH N.B: Joke abstain! Please do not ask me to send before. Minimum $ 5000 for $ 10,000 Thank you ! I don't think anyone will trust you because isn't that a joke if there are people who want to sell the Bitcoin they have at a price of 50% by exchanging ETH, BCH and LTC? Please include more evidence clearly or you will only be labeled as a fraud. |
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i have checked my wallet and found payment of 0.00000546 BTC from address i don't know 1ViViGLEawN27xRzGrEhhYPQrZiTKvKLo. first time i receive something like this  . i did some google search ,turned out a site with name vivigle who sent it , i don't care if this just advertising , it's funny , I say this is no joke. Because they will not send the amount of BTC without knowing your BTC address. So, I want you to recall that. You may have participated in an airdrop campaign that was paid for with BTC. That's right, I agree with you because it is not possible for someone else to send a number of bitcoins without knowing the bitcoin address and most likely it is airdrop. |
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Now almost everyone is interested in BNB, and you should also check it out. And besides that I also still have several other altcoin names that are listed for my research and they are Ripple, and EOS.
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ICO fraud is indeed very detrimental to all the people involved including bounty hunters, but if what you suggest is the death penalty it will be very difficult to do because maybe something like that will be related to state and government regulations, we know that every ICO even popping up from various countries.
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It would be very confusing to determine the replacement (if necessary), between Ethereum and Ripple I think both of them are coins with a lot of popularity with high popularity for investors.
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This will happen, because we know that EOS now has more interest and is becoming increasingly famous. in my opinion, it could be that EOS experienced a large increase when the market began to grow again
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Choose an exchange that has a large trading volume and of course has good security, of course. But now it is not the right choice if you choose to save funds in exchange because there have been many exchanges that have been hacked.
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means you intend to make a long-term investment, and in my opinion the coins that are suitable for long-term investment are some coins that already have popularity in the market and you can choose them in the top 10 CMC.
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Only 9.5 months left to go until we see which of these Crypto-Nostrodomisii are proven right- or so very, very wrong: Sonny Singh: 15k to 20k by Thanksgiving Sam Doctor and Tom Lee: 36k by DEC 31 Ronnie Moas: 28k by Dec 31 Mike Novogratz: 10k by end of Q1 2019 (2 weeks to go? Not sure they actually spoke to Mikey) Fran Strajnar: 200k by Jan 31 2020 Arthur Hayes: 3kish all 2019 (What? BURN THE UNBELIEVER!) lol CoinSwitch.io: 23.5k by DEC 31 2019  We can accept all of these predictions and can trust because maybe they do not give results without hard work by gathering a lot of information, but the market really does move freely and is not regulated by one person so that that often makes many predictions wrong. So I think we better wait until the end of this year and let's see where the price of bitcoin will rise. |
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Bitcoin Cash and Ethereum are among the top coins in Coinmarketcap so it's not surprising that they are almost always in tandem because they have a good popularity in the crypto world.
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Adex, but that was during the bull run, I still have some of my ADX in my wallet and I'm very much disappointed with the price now.
I am thinking of buying now but I am a little doubtful, I might just be contented with what I hold now and just explore for other potential coins.
Getting ready again for the next bull run as now is a good timing to buy.
Just like you have experienced, I once got a huge profit from altcoins and maybe that was more than $ 1k. But I feel a little disappointed at this time because the coin has suffered a huge decline in the market and that is also experienced by other altcoins. |
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