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actually emotions are related to self-control so that it does not cause greed or rush to enter the market even though it has not entered our area of analysis. therefore the importance of managing emotions for a trader is very useful, because no matter how good the analysis we have, if we can't hold back emotions, it will be useless. Therefore, there are many books that teach psychology management, before entering into the discussion of analysis
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indicators are my reference for determining trading signals. I personally still use the EMA indicator up to the 200 level. on the other hand I combine it with the trend line to validate the signal so I get a support area to buy. maybe everyone will use different indicators, but as long as we can use them well, the chances of profit will be large, as long as we can control our emotions, so we can carry out the analysis well
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How many tokens do you think I should buy on Phaver TGE? Like, they'll grow anyway, everyone wants to make money from their socials, but how much budget would you spend on that?
I have gone through your post history, and I noticed that you keep posting about Phaver TGE as comments on people's posts. Asking questions on how many tokens to buy on Phaver TGE and THEXII NFT repeatedly. What are your motives for such an attitude! You better stop it or create your post for such questions He just said something that was lacking and wanted to make it something important to pay attention to, even though if the project is good, without such posts, everyone will also glance at him and follow him without having to be asked to post on all other people's topics. I think it depends on our view of the market. Of course at this time the Bitcoin market has been more than half of the decline since the occurrence of a new ATH. And for me this is a good time to take part, although many people predict the price will go back down, and of course I don't worry, if that happens I still have a reserve fund to buy it back at the price I have been after. Therefore the need for self -confidence and commitment to address market reactions |
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Do you think October and December are the months of Crypto and BTC?
Forget about next bullrun. Too many people excepc it with greed. That is the reason why it won't happen. It is time to work now. What kind of work are you referring here mate? what kind of work are we going to partake for the price of bitcoin to increase? and let those greed have their attitude because they are also someone who made the market moving up and down , because with their behavior , mostly losing is what they got and this helps others to profit lol. remember that this is a market were someone needs to lose for others to gain. If he will sell his assets in large quantities and not believe that there will be a bullish season, then leave it, because it will provide an opportunity to get a greater price. Maybe he is frustrated and wants a more certain real work. Therefore many people think the market is cruel, because we get profit because there are those who take losses, but that is what is in the market. so we must be good at reacting to it with a cool head |
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BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
We can't say for sure whether the current decline was the start of a bear market entry or this is just a trap, but if we look at bitcoin's current movement, there seems to be little pressure for bitcoin to climb higher and bitcoin has tried to bounce back into the resistance area. is at the level of $ 40k but bitcoin has not been able to get to that area so there is a possibility that the price of bitcoin will go down again. A strong bearish season makes many people wait to see the decline again to buy it. I think the $ 27K level becomes a strong support for Bitcoin, and yesterday it has touched that level it can be possible that Bitcoin's turning point, but if there is a decline again, I think the $ 20K area will be interesting to buy it. All of this is just a prediction, for sure we must be patient waiting for him. Therefore it is actually not easy to take a stand, because the doubt of the Raguan will always accompany us |
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It's hard to find the right time, and most likely it's almost never a right time. Sometimes market can be such a bad guy when you enter it. And other time you're lucky enough that the prices of the market is on your side. Make most of your research and pray. As everyone has said, bitcoin is the best choice and along some other major alts. But be sure to know the risk. Even major coins can become such a failure.
Here we can only analyze and predict the market, when the market has decreased by more than 50% maybe at that time is a good time to buy it, although sometimes it will also go back down, so we can share capital to make some purchases when the market goes back down, until It's time for us to wait for him and see market reactions. Actually no one knows when there will be a transition season from the bearish season to the bullish season |
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Moreover, joining without basic knowledge, it makes no sense at all in my opinion. Here, those who enter the world of cryptocurrency certainly have basic knowledge about cryptocurrencies, even though that knowledge is limited. And that's not a problem because it can be learned over time. Nothing is not without risk in the investment world, everything must have risk. And if we are not careful, we will definitely suffer losses.
Learning and gaining experience is not always easy, especially not easy when you lose money, and this is inevitable in the learning process. Many beginners come to the world of cryptocurrencies without fundamental knowledge, they are attracted by the opportunity to get quick and easy money, but as we know, everything is not so simple here. And before the result is achieved, a person must obtain the necessary knowledge, this is applicable to any profession. right, it's not that easy to save money in bitcoin, especially for beginners who are only covered by the expectation of doubling money, many times they fall into disappointment because they don't have enough knowledge and experience. many of the novice investors were intrigued by the euphoria that ensued, so it seemed that they were just following the trend of buying bitcoins. Hopefully in the future we will be better at dealing with the situation |
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We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc? This issue has been circulating in my mind for a long time, what do you think about it?
it may be true for those who have a lot of btc, but for someone like me, i think converting to fiat when prices are peaking is better. buying a car using btc will indeed increase the popularity of bitcoin widely, but to me this is not yet effective considering the potential for bitcoin prices in the future and the rate of depreciating cars is getting longer, but it seems this is not the case for the rich |
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To err is man. To steal is scam. Stay vigilant, and stay safe.
Donate but don't loose. Give your money to validated official wallets of Ukraine, and don't rely on third party wallets.
Yes because many of them are waiting for this opportunity, therefore we also have to be more careful in donating, especially since Ukraine has its own wallet so third parties can't interfere with it either. A few weeks ago I was also sent a message using the word please send me a little money from Ukraine there is no food and I think everyone can use this situation to deceive us. By taking advantage of carelessness and compassion, many people abuse this opportunity for personal gain. I think we really have to look for an official government address before making a donation. even though our intentions are good, but we must be able to think smartly so as not to be used by people like that. Actually, if the government understands the difficulties of its people, there is no need for donations, the rest is looking for diplomatic solutions for the interests of the people, not being made political victims. |
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to take an online course, I think choose a course that will provide live trading learning, that way we can know how to trade in a healthy way, because for trading you don't have to reap positive results, but sometimes you also experience losses. from there we can judge for the discipline of the strategy being taught, because it has been proven to have cumulatively positive results. and the profit he gets must be structured according to a logical portion
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Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?
my most valuable experience while doing greed. that time i held a new altcoin and the altcoin was pumped up, but because i didn't see logically and took profit, eventually the coin turned to ashes. therefore we must take advantage of the golden moment and never do greed, because it can make us miss the golden moment to take advantage, this is mostly done by beginners because they do not see the worst in cryptocurrency |
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Maybe that but I don't make my friend being not aware of any circumstances that they will face in trading. As a friend, I'd rather share what I've known about trading and must have put in their mind that there is no easy game in this field, losses could be possible. They will certainly much appreciate it if you tell them the sad stories of our life before we succeed rather than just telling them sweet stories. It is a need for them to be clear about the consequences and high-risk they will face so that at the end of the day, they won't blem us.
As they say, experience is the best teacher, Without experience, you won't enjoy trading. Everyone get a story to tell in the space, trading have dealt with some trader negatively, some even get their accounts liquidated countess times, and they are in profits now and knows how the market works. One should always talked the truth about their successful journey in the space, both the losing aspects. This space is all about taking risks for gigantic profits. Yes you are right there is always a story to be told at the end of it all when success is archived the lessons becomes the foundation for stability even in the entire cryptocurrency industry to make it you need to build experience. Most newbies don't understand this logic and are after the profit at first when there should concentrate on developing their skills. most beginners only see the sweet side in achieving trading results. if we do not want to know the side of their struggle to the throne at this time, then we will fall into disappointment at the end. digging knowledge about the experience of seniors is very important, especially the mistakes they have made, so that we can avoid those mistakes. and most importantly, experience is needed in trading, and that can be obtained from the stories of seniors, so that our trading practices run more smoothly |
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If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.
I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things. Pretty basic but once you do step your foot into the market then you would really be finding out that this isnt something that easy could be dealt with.Invest on the money which you can afford to lose because you wont really be that stressing or freaking out yourself whenever you do see that the market is plummeting thats the the main difference into those investors who do mind much or being too positive towards the market because we know that its volatile and dumps or plummeting situation like this is very common. even though the price is low, it is still even lower, and we must understand support and resistance or other ways to determine a good price to buy and sell. If we don't know this basic principle, I think that there is only greed and impatience to immediately enter the market because of Fomo, if that's the case I don't think luck will always be on our side, and in the end we will lose when the market crashes without anyone guessing. |
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Bitcoin is unfit for the role of global currency. Firstly, its potential global adoption will be vehemently resisted due to the environmental concerns associated with PoW mining. Secondly, it's the volatility - the global currency needs to be more or less reliable and not swinging like a baseball bat. Lastly, comprehending prices for some cheap goods in sats with all those zeroes is honestly too hard.
Exactly. The fact that Bitcoin is decentralized, greatly minimizes its ability to be used as a global currency. Countries will be reluctant to abandon Fiat altogether in favor of Bitcoin. What will happen is that both Bitcoin and Fiat will live alongside each other for generations. One thing to remember is that Bitcoin was designed to be an alternative to Fiat (not as a replacement). I'm fine with that as long as decentralization wins in the long run. Who knows what the future holds for this exciting cryptocurrency? Just my opinion  For me, There will be no such thing as a decentralized currency. Which is the reason why I will never think the government will even consider Bitcoin as there currency or an alternative for fiat. I agree that bitcoin and other major crypto will live alongside each other and it will not be considered as alternative or replacement for fiat. However, I have second thoughts for centralized crypto and stable coins which I think may have a chance to be an alternative for Fiat. could there be mass adoption of bitcoin will it be more stable than it is now, I think if the holders are spread out it might become more stable, and it is possible to use it as a currency, but to go in that direction I think it's still difficult for now, with the system decentralization, the government does not seem to want to be ignored, and for crypto itself it is impossible to turn into a centralized system |
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If we want big profits and in a short time then putting in crypto is the best solution, a few days ago the market correction was very deep and once reached $26k, and now it has returned to $30k, I believe the opportunity to return to $40k is very large maximum a week, if we buy now I believe can profit more than 25% in a week.
Indeed at this time the price of Bitcoin is slowly rising and of course that is a good thing, but we must also realize that the market is not yet stable which there is still the possibility of going back down again, So is this the right time to buy I think it needs to be analyzed again before deciding on this many predictions say that until next week bitcoin will go down again, but indeed it can not be used as a guarantee. so don't be too confident, and I think this is a good time to invest. different from gold and silver, at least there is a physical form so that even if it drops, we can still use it as jewelry, or keep it in the form of bars, but it is safer because the fluctuations are not as big as crypto |
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The most important these days, in tough times is our mental health. To be honest, it's just money, we should be careful and love our body because we can make it all back.
I'm just really sad for those people who lost everything and decided to end their life or hurt themselves.
What OP shared is really helpful, try to take a break from the market and make your mind clear first before getting back.
those who commit suicide are ambitious and gamble because they cannot patiently accept reality. In fact, to invest the main choice is bitcoin with the largest portion, so that no matter what happens, you will not lose all the money as it is today. many people just want to get rich quick without taking into account their future risks, so if it happened like this time, they would be very frustrated |
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What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.
In my opinion I think ,yes. Because bitcoin is known as the mother coin and bitcoin is always influence others altcoin. I didn't think that there will be any coin in 10 years who can be beat bitcoin and have the same effect what does btc. BTC price movements is connected to the hearts of Cryptocurrency so it will always effect on the others coin Bitcoin has a dominant role in the overall development of cryptocurrencies. just like this time where there was a decline in bitcoin, other altcoins also experienced a decline. and until whenever I think it will remain the same, because the name bitcoin is ingrained in cryptocurrency, so everyone makes an analogy for cryptocurrency as bitcoin. and I don't think anyone can stop it even if it's the government |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
If you are a long-term holder and investing in bitcoin doesn't affect your day-to-day economy, then I don't think you should worry too much and worry about how much bitcoin will drop. If you go through 2018 you will see bitcoin drop from $20k to $3k and in 2021 you will see BTC's all-time high of $69,000. No need to worry too much about the price, keep holding in the bear market and wait for a bull market to see its rewards. sometimes we are tempted by a similar incident in 2018, but what is called humans, sometimes they are not strong enough to hold on, so they do panic sells, and suffer losses. moreover we have to hold long up to 4 years. it is possible that the price of $20k-$21k is a strong support, because there is resistance in 2017, therefore we must believe in ourselves and do something according to personal analysis, so that whatever happens we don't feel disappointed |
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Trading is treated same as gambling. They have huge risks and guaranteed earnings at all times are not possible with them. If only a 100 percent win rate is possible, all of us are now going to switch to trading and all of us are going to be rich in no time. If one's stop loss is tight, that means that he will only lose less but a small loss is still considered as a loss although it can be easily recovered.
That’s just how the market is meant to be, there will always be people who are losing and there are also those who will be making money. When you are losing there is someone else who is making money, that is just the market for you. And it is much better that you experience small loss, than a huge loss, because small losses can easily be recovered as you have said, and if you are able to make use of stop loss the right way, this tool would go a long way in helping you. What really matters is if you are making profit at the end of the month, and not really what you have achieved in a day. You won't be trading just for short term profiting but it should be for long term. However, if you trade with shitcoins, expect that the profits will only be temporary. And no matter what you do in trading, there will always be losses that's inevitable. The good thing is, if you trade with the right coins, you will learn to maximize your gains over your losses. That makes trading different from losses. the use of stoploss will indeed give us a healthy trade, so that either profit or loss the graph will certainly be readable, this aims to correct ourselves with the learning developments that we have been doing so far. therefore it is very important the meaning of discipline to improve the quality of our trading, so that losses if they occur can be measured, as well as the profits we achieve |
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Its not really advisable to ask other traders to do the work for you even you consider this particular person as trusted.
You dont know what they up to and if we're talking about money, many people are becoming greedy and tend to forget their responsibility or what they promise.
Its best to do it yourself, learn to be a trader using your own knowledge and experience. Because it feels good to earn if you know you gain it through your hardwork and not because of other people.
Money will bring out the true nature of a person, whoever it is. especially when we talk about the thousands of dollars we want to invest. The safest way is to manage it yourself, to trade yourself. The most important thing is that we must know the knowledge, start learning from basic knowledge, and gain experience. hard work and profits generated by oneself will indeed be more meaningful than using the services of others, because there will be a process that is carried out. If you want to do it yourself, it's hard at first, of course you will feel uncomfortable feelings, but that's how you have to go through to become a true trader and investor. maybe at the beginning we will lose some money because of loss, but we can think of it as a school, and it costs money, therefore with the spirit that must be increased it will be able to make us to collect the money we crave |
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