even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be?  ?? please comment The main reason for this is that we are all human. And most people tend to do the same. Therefore, there is such a science as psychology. Psychology explains well why most people do the same in similar situations. We are all subject to certain emotions that prevent us from becoming successful. For example, fear, greed, impatience (what you are talking about). Many emotions come from our limbic system. That is, these are basic emotions that arise when a person is in a certain situation. But in addition to the limbic system, modern people have the cerebral cortex, so we can try to control all emotions. And when a person learns self-control, it will bring him to a new level in trading. Just don't need to think like the majority. Always try to think like a whale! |
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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. I agree that he should have some bitcoins first before others, but if he plan to lock down that investment for a year only I think some coins will make higher progress than bitcoin. Bitcoin is the safest investment in crypto world, but maybe some others will have higher rise in just one year, from the moment when op asked his question. Without carrying for 1000 bucks I would go for some coins that are under a dollar too. In case that op doesn`t have any bitcoins until now, buy them with half, other half spent on something cheap, that have a huge potential, maybe thats tron, or stellar, xrp, choose by yourself, there are many of them. I think you are right. Bitcoin is a safer (if we can say so) option. But properly selected altcoins certainly have every chance to reward their boss with higher profits then bitcoin. The coins you listed are good and promising. Additionally, one can consider exchange tokens like BNB coin. |
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Bitcoin pump to $4,919 and back down to $4,671 at the mean time. Why is this pump happening? Bull market is back? Price: $4,671 24h high / low: [$4,919.39 / $4,124.31] Market Cap: $82,303,956,910 24h Volume: $17,479,334,170 https://www.coingecko.com/en/coins/bitcoinOf course, the bull market will be back. No need to despair. Remember that whales just want it - the complete despair of small traders. Their goal is to bring people to the point where people will sell their coins at a huge loss (70-90%). It is on such schemes that they have the main income. Don't give in to this pressure and moods of pessimistic traders! They can do that, they can create FUD so people will dump. Now, it seems it's a complete situation that we are witnessing in the past, people are more optimistic now and they are calling a new ATH with their prediction or bitcoin having a good run this year. If we will have a long bull market this year, this would really be a big help for us and once again we will have some hope on our holdings. I think that this year the new ATH is unlikely. There are no real reasons for such a significant price increase. People are too scared now, so many will be reinsured. Whales simply will not be able to pump the market in the shortest time possible. Therefore, this year Bitcoin achievement of the mark of 15-16k dollars will be an excellent result. Although anything can happen. If you believe that there is no big reason for the price increase that we are witnessing now, I think it's better as price is not hype. We might unlikely see a new ATH this year but we should not loss that faith in crypto, we know how unpredictable it is and that makes me believe we might be surprise. Of course, we must believe in crypto currency. But our faith should not be divorced from reality. I'm one of those people who believe that crypto currency is the future currency on our planet. And it is only a matter of time. Therefore, I believe in the success of crypto currencies, but I appreciate the real situation. I understand that if the price is not rising now, then it is beneficial for those who actually influence the market. |
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Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Before you start trading you need to learn the basics of crypto trading. That is, the main points, without which it will be difficult for you to deal with the situation on the market. Next you need to start learning technical analysis. Already during this, you can start practicing on small amounts of money. After that, examine what indicators for analyzing graphs, figures of technical analysis and candlestick analysis are. All this knowledge and constant practice will help you become a good trader. There are many pitfalls in crypto trading, so never be lazy to learn new information. I also recommend that you learn what the phases of the market are and how to determine them it will make trading much easier for you. And always work on your emotions, don't let them control you, always act according to a predetermined plan. |
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Bitcoin pump to $4,919 and back down to $4,671 at the mean time. Why is this pump happening? Bull market is back? Price: $4,671 24h high / low: [$4,919.39 / $4,124.31] Market Cap: $82,303,956,910 24h Volume: $17,479,334,170 https://www.coingecko.com/en/coins/bitcoinOf course, the bull market will be back. No need to despair. Remember that whales just want it - the complete despair of small traders. Their goal is to bring people to the point where people will sell their coins at a huge loss (70-90%). It is on such schemes that they have the main income. Don't give in to this pressure and moods of pessimistic traders! They can do that, they can create FUD so people will dump. Now, it seems it's a complete situation that we are witnessing in the past, people are more optimistic now and they are calling a new ATH with their prediction or bitcoin having a good run this year. If we will have a long bull market this year, this would really be a big help for us and once again we will have some hope on our holdings. I think that this year the new ATH is unlikely. There are no real reasons for such a significant price increase. People are too scared now, so many will be reinsured. Whales simply will not be able to pump the market in the shortest time possible. Therefore, this year Bitcoin achievement of the mark of 15-16k dollars will be an excellent result. Although anything can happen. |
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Bitcoin pump to $4,919 and back down to $4,671 at the mean time. Why is this pump happening? Bull market is back? Price: $4,671 24h high / low: [$4,919.39 / $4,124.31] Market Cap: $82,303,956,910 24h Volume: $17,479,334,170 https://www.coingecko.com/en/coins/bitcoinOf course, the bull market will be back. No need to despair. Remember that whales just want it - the complete despair of small traders. Their goal is to bring people to the point where people will sell their coins at a huge loss (70-90%). It is on such schemes that they have the main income. Don't give in to this pressure and moods of pessimistic traders! |
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lets do it, speculation about this.
what is good and bad news about this year? for example - new forks, ETF s, SEC.
I think that 2019 will not be better than 2017. The next such year cannot come so quickly. I suppose that even with the most favorable news we should not rely on the achievement of previous ATH by coins. In fact, in 2019 a lot of events, but the question is different. I don't think that these events will begin to strongly influence the market until it becomes beneficial for the whales. This market is still in the accumulation phase and we cannot get the best view of this market this year. I think 2019 is still not the best year to invest in cryptocurrency and we should wait patiently for a more appropriate time because the trend of investing in the market is still very low compared to 2017 so it will It is very difficult for the market to bull . Personally, i will continue to keep fiat and will not invest if the market continues this bearish trend At the moment, the market is really in the accumulation phase. Of course, for a more accurate entry into the market, you can wait for confirmations that a reversal has begun and the market has moved into the next phase. But this is an ideal situation, but in reality any serious changes occur abruptly and unexpectedly. Don't forget that. Nevertheless, I think that the reversal will start in 2019 and in 2020 the situation will be much better than the current one. |
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Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
As a whole, I agree with your point of view, but some details should not be missed. 1. Whales accumulate only promising crypto currencies. 2. The goal of many projects is to make money at any cost. 3. Many people don't understand trade, so they act illogical. But certainly the blockchain technology is a great idea. And when its full adoption is held, the world will develop in a new way. |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
I think it is not necessary to draw hasty conclusions. Yes, indeed, some projects are unfair, but not all. Especially if the project initially warns that it will be necessary to pass a KYC plus you understand that the project is perspective, then I consider participation in it quite acceptable. It is another matter when projects put forward such a condition only after the bounty campaign has been completed or comes to an end. Then it is bad sign. |
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The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again.
I'm sure that you definitely shouldn't give in to panic selling, but you need to approach your portfolio wisely. In a situation that was in 2018 and now it continues, you need to be very careful. First of all, you need to rebalance your assets, see which coins are weak and get rid of them in favor of strong and promising ones. giving up is not the best solution to the current situation and we will have lost a lot of money invested from last year everything will be able to recover soon and hope is still wide open for the price to rise again we are only forced to wait for a long time while preparing another strategy so that the value of assets in our portfolio is not lost in large quantities Nobody talks about giving up. Carefully re-read my post. I tried to convey to OP the truths of successful trading in the market. I advise you to read them too. If a trader plans to be successful and earn despite the market situation, then the method I proposed is one of the safest. Any experienced and successful trader will confirm this to you. The desire to hold absolutely everything you have, despite the market situation, is irresponsible. For the year and a half that you hold, you have lost a huge amount of your deposit (I think 70-90%). But if you had done what I described on time and constantly traded (naturally, if you have knowledge in trading), then today you would earn (speaking from personal experience). |
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The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again.
I'm sure that you definitely shouldn't give in to panic selling, but you need to approach your portfolio wisely. In a situation that was in 2018 and now it continues, you need to be very careful. First of all, you need to rebalance your assets, see which coins are weak and get rid of them in favor of strong and promising ones. |
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Most of the people said in this board there will be no bull run in the late of 2018 and there is a high probability that bull run comes in mid-2019. What's your thought about it?
I think that since the summer of 2019, the bears will give up their positions. In my opinion, this will happen because large investors finally finish their big purchases. And as soon as this happens, the road to market growth will be open. Of course, all this can change at any time, so it is worth considering only as an assumption. It is not worth making your plans based on similar forecasts, but you need to be on guard. |
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lets do it, speculation about this.
what is good and bad news about this year? for example - new forks, ETF s, SEC.
I think that 2019 will not be better than 2017. The next such year cannot come so quickly. I suppose that even with the most favorable news we should not rely on the achievement of previous ATH by coins. In fact, in 2019 a lot of events, but the question is different. I don't think that these events will begin to strongly influence the market until it becomes beneficial for the whales. |
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2018 is not a profitable year for almost all Crypto enthusiasts. Though there's an increase in adoption of blockchain technology but almost all crypto assets have lost close to 90% of their all time high and there seems to be no light at the end of the tunnel. In some weeks now, we will say goodbye to 2018 and the hope of market recovery will now cling to 2019. Though am not trying to be pessimistic but what if nothing change in 2019, what if the bear market continues unabated, will it be the end or sign of the end for Cryptocurrency because I don't think many will still continue to retain their hope if nothing positive happens at least for the first quarter of 2019.
I think that each person has his own stock of faith in the crypto currency. That is what will be an important point. Some people lose faith when coin lower, for example, Bitcoin for $ 1000, others can patiently believe, even if Bitcoin is $ 1000 each. It is also worth not to believe that all people are terribly frightened by such a price reduction (although the role of this is difficult to overestimate), even here, at the forum you can meet people who are just starting to invest in the crypto currency. I think the year 2019 will be much more favorable than the year 2018. Therefore, don't rush to despair. |
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1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.
I think that the main reason why people don't want to invest in cryptocurrency is fear. The crypto market is unpredictable, especially now many are under the impression of 2018. In many forums, in discussions and articles there is a lot of negative information about cryptocurrencies. But as soon as the majority of the news becomes positive, and the prices of cryptocurrency start to grow, immediately there will be people who will start buying crypto. |
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I think that the holder can be in two cases.
1. If a person truly believes in the coins that hold. The whole is a great option. For example, I believe in Bitcoin, so I hold it and accumulate it.
2. A person has a lot of money and doesn't want to engage in trade and trade education. He is satisfied with what he does, so he chooses a coin for holding himself (or listen someone’s advice) in order to sell it sometime (often he doesn’t know when it will come 'Sometime').
In all other cases, the hold is unreasonable. You should be well versed in coins and trading. When money simply lies in coins and doesn't bring you a steady income, this is a luxury that is not permissible. In order to earn - you need to work.
the two case the you have stated above are i think both the same . both 1 and 2 are normal traits of a hodler . for me the two cases of a hodler is number 1. ) this kind of hodler is calm and verry aware about the market situation . he knows that cryptos are volatile and fluctuate at all times . number 2. ) this kind of hodler do always panic because he is lack of experience and most of them are newbies . both kinds of hodler that i list above are prone to dangers of unstability of the price . These cases are not the same, but they are not mutually exclusive. The first may include the characteristics of the second and vice versa. But they can also exist separately. And the presence of faith and confidence in the coin doesn't necessarily have those people who are described in the second case. That's the whole point. There are wealthy people who buy crypto currency for various reasons (faith, a new fashion for it, a desire to try a new type of investment, etc.) and hold it. But there are also people who don't have enough money, but they understand crypto currencies, learn to trade and buy promising coins for hold with the understanding that in a year, two, five they will sell them and rise to a completely different level. Only these two options are reasonable for hold. All other 'holders' are just a crowd of uneducated and frightened people who don't understand what to do next. And this is not an option at all. Therefore, the rest of the crowd I don't take into account. That is what I was trying to express. A person must constantly work to obtain all the necessary knowledge in the crypto sphere. |
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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.
When we see that the price of a coin grows, we all face a desire to buy it. But this is a trap. Coin can not constantly grow. First, the price of it rises due to some starter (news, events, sudden purchase of someone). Then people start to be interested in such growth and buy a coin until someone more reasonable starts selling their coins. We can follow a similar movement on any time frame. From all of the above, you need to conclude that when the price rises long and unreasonably, you should think about how logical it is and you can start selling your coins in order to buy them later for less or to get rid of them altogether. |
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1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing
If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages
I think that the holder can be in two cases. 1. If a person truly believes in the coins that hold. The whole is a great option. For example, I believe in Bitcoin, so I hold it and accumulate it. 2. A person has a lot of money and doesn't want to engage in trade and trade education. He is satisfied with what he does, so he chooses a coin for holding himself (or listen someone’s advice) in order to sell it sometime (often he doesn’t know when it will come 'Sometime'). In all other cases, the hold is unreasonable. You should be well versed in coins and trading. When money simply lies in coins and doesn't bring you a steady income, this is a luxury that is not permissible. In order to earn - you need to work. |
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Been involved in the crypto market about 18 months and getting back into it this year after not doing much at the end of last year. I am trying to figure out the best straggly for building my portfolio with the aim of 20x my investments is euro terms by year end by trading, long term investments or staking
Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50€. I have one investment of 50€ and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double €1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
I think that your problem is of a psychological nature. By investing 50 euros you don’t worry as much as you worry about a contribution of 1000 euros. In order for you to move to a new level, you need to improve. You have to control your emotions. Drawing up a plan helps me a lot. Before I open a deal, I make a plan. In it, I indicate the reasons for opening the transaction, the point of purchase, the point of sale (goal) and the point of stop loss. After the purchase, I'm just waiting for my order done. I intervene in the plan extremely rarely and only for very good reasons. |
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HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
he crypto market is not a place where you can rely on hope. It is important to understand for yourself whether you believe in a crypto currency or not. If you believe, then you simply act out of it. If you do not believe, then you better just leave this market. Learn to trade, make your own forecasts and trade. Good luck to you. |
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