I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.
It's December, after all!
Are the bulls gone now or what?
There is no how to define or determine that the bullrun is over this year; bitcoin price movement is still firm and in an correctional state; it is normal for bitcoin and crypto currency to experience a bull run; then a price correction which follows almost immediately. Before investing during a bull run; ensure that you will have an opportunity to take profits. Always do your own research. Ensure that you are prepared to whatever things that will happened. Many newbies forget about doing their research before taking their step inside this market, crypto / bitcoin is really volatile and have a lot of fluctuations. If you are not aware you'll lose in a blink of an eye but if you have knowledge about it then the chance to earn is also good and very possible. |
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Greed could somewhat be normal especially when you are aiming high but the problem is that most of us aren't able to manage that greediness to its minimum and not even contented with a small thing. People get crazy especially when it talks about money, they wanted it all to be in their hands. It finds no wrong but somehow, some did things so badly and even sometimes sacrifice their dignity and reputation just to achieve their wants.
If you have good control within your greed the very big chance to accumulate decent amount of profits., It's tough fighting within yourself but once you conquer it and manage to play well with it, the outcome is very beneficial to you. Greed most of the time lead you to lose instead of gaining that's why you needed to understand and plan well on how to work with it the right way. |
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in 2017, the price is better than it is today.
Hey bro, do you see that the bullish is over? If it continues, you cannot claim that the price in 2017 is better, right? We are even still in 2020, while many people guess the Bullrun to happen in 2021. So, why don't just wait for the next year and monitor the price improvement in the market first? I think it is wiser than judging it too early. accumulation and hold if you buy at a lower price, if you buy at a price above you have to think about the risk, especially if you buy Bitcoin at a price of $ 19000, I do not recommend that you hold, make sure if you want to buy and do HOLD you have to really analyze it Deeper analysis will help if you buy at this point, the market continue being volatile and the risk is really getting heavier, you need to work with your knowledge looking for opportunities, day trade or scalping will help you to earn little by little, not a guarantee but there's really good potential in gaining good profits if you know what you are doing. |
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Well the sad reality is that when the price of the bitcoin fall down some people didnt wanted to buy because they wanted to be sure about the profit, some people believe that bitcoin will rise up high and they buy it in a low price that is why they earn big than to those people that who only believe when it is already rising.
It's up to your own assessment, if you believe that your observation will bring you good earnings then buying while value still low is the right thing to do, then it's waiting time depends from how much you set your target. Buying low and selling high relied with how you believe and trust this market, there's always good potential if you understand the value of your investment. |
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covid-19 has had a positive impact on the crypto money market and continues to do so. At this time, people are looking to invest more. We can say that this increases the prices.
With more people who shown their interest to invest the market seen a good rise in value, with this virus people's fear lead them to find alternative ways to invest their money, one good place that they've found is this crypto market, where they have chances to earn if they start to study and learn the process. That's effect the entire market as there are many newcomers to start investing. |
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I have known bitcoin last 4 years ago and I'm grateful for the opportunity knowing this early. I haven't used large amount of it because of I'm saving and holding it for years. A lot of happening from the past that I was loss in trading but I was able to survive. Bitcoin has helping my life that I was able to earned and good to accumulate some in my potfolio. So for sure after 10 years in bitcoin this will bring more luck and achievement to me.
Hopefully same thing will happen to me, the goal is to continue learning and investing. Treating this venue as long term investment that may change my life after 10 years, saving from my day job salary and keep buying small portion of bitcoin when there's an opportunities for me to do so. |
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Bitcoin is moving at its own pace. We stop his motion. In 2017, the price of Bitcoin increased a lot, but we have reduced the price. The market is collapsing by selling coins at low prices for no reason. If we refrain from this, 2021 will not repeat 2018.
There are lots of changes after that bull run, this year we've seen lots of businesses who are embracing this system. It impacted the whole industry gaining more new investors and new holders to keep their assets and wait for much higher price, If being said and done we will expect to see more strong movements upward, can't define the new height but possibly to passed the last time high. |
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It's quite a bold statement coming from Whyte but I guess this will also serve as his inspiration to train harder and focus in developing unique tactics that can likely KO his opponent.
But I am sure that Povetkin will not just sit and do nothing to this upcoming fight so this will be a tought fight for Whyte for sure and I guess the odds will favor to Povetkin base on my analysis as he win in their last fight and he has an advantage to experience as what Whyte have said that Povetkin was able to use his experience against him in their last fight that is why he lost.
Both camps will comes up with new strategy, Whyte after losing that fight will try to find what best combos to use and how he will improve his stamina from that last fight, while with Povetkin he won't allow Whyte to see an advantage to win back, he will add more from what he showed from their previous fight so i's really a tough one for both of them. |
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Interesting question, I regret selling it so cheaply in 2017, because maybe at that time my appreciation of Bitcoin was still a bit skeptical. Not like it is now. After the Bitcoin bull run, I focused on working for a bank and didn't care much about it. I have seen Bitcoin rise again for a few months now, so my life comes back to Bitcoin and I want to take advantage of improving my capture and investment so that I can change my life.  It's better than doing nothing, no need to regret about it but instead tried to learn more and add a little bit of patience, working with your investment inside this venue shouldn't be thought as quick venue to earn but instead a long term involvement, keep enhancing your knowledge and you also get a high chance of success. Best of luck! |
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unfortunately,this is true and painful in some case specially the price dump of coin and also the lock of payment.But Overall everything is going to be in positive ways.
If you do well with your research the chance of ending up with good outcome will take place, given all those possibilities there are still lots of bounty hunters who are willing to work and willing to take the risk participating with unsure campaigns, looking for luck and for responsible developers to pay them out and enjoy the rewards. |
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The signals are only for those who are lazy and will not use their weight to make money. A lot of people are already using the bots and such services and as a result they always lose money. Simply because this is a financial market, people who do not know how to use money will be eliminated.
In our trading career, we should only believe in our own analysis and create the trading strategy that works best for us. This is the real key to success in trading.
Most of the time those who use trading signal without knowledge lose their investment, you can only benefits from this kind of service if you also have ideas regarding to what project the tipster are providing. Most of them are just pump and dump project if you have an idea which to place your money you can ride with it quickly and take profits before it dumped down. |
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studying theory alone will not be enough to make you proficient, you have to practice it too...
The mistake of newbies is that they are never ready to trade 'real/practice' because they are too busy studying theory and gathering guts. *let's do real trading then the theory you learn will work.
There is also exchange that you can try first using demo if you are afraid of loosing real money. You can watch different tutorial in youtube and read different article that teach about trading strategy that you can use. But for me the best teacher is your experience, if you are fully aware about the risk of trading and want it to try , try it first with small amount of money if you are familiar already in trading then you can add more funds. No question to that, as even you have all those paper works and you already understand the flow without personal experienced it turns to nothing. Your experienced will enhance your judgment, it will help you a lot in deciding what particular position that you'll going to take and it will justify the needs of hold or letting go of your assets. Practice using demo account and spare some money to use amount that you can afford to let go. |
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It depends on the category of persons, some people do spend their bitcoin cause they bought it to make transactions for financial purposes or reasons due the present situation but investors do not spend bitcoin no matter the situaion.
Investors who aimed to use this coin as their assets for investment do have spare fiat to use for their everyday payment transaction. They use bitcoin as good reserve during this pandemic, for those who continue holding it from the time this virus affects the whole economy, they are now benefactors as the value really rise high. |
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other than that the lack of trust with Airdrops is that because they only offer a small amount of coins, airdrops are known as free coins but why do they always ask participants to send gas fees to claim the tokens? I think it is not mandatory to say participate in the ICO project, because we expect to be paid and not to pay.
it is sign of scam project, they will request some ethereum or another coins to get token. recently airdrop have less quality and rare to occur when their is good campaign or project coming. No logic to send gas fee with token/coin that not been known to this market, and beside, airdrop should be for free and the one who wanted to provide it should also cover the transaction fees. There's nothing to be ask aside from simple works to help advertising the project. With involvement of some fees it's a sign of scam. |
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Well like I do tell people the best decision one can ever make is self decision though the choices are really perfect old good coins but still whether good or turned out good or bad it's all your choice anyways. Always do your research and decide where to invest your coins but sincerely old trusted coins are better than shitcoons.
Self decision won't allow you to regret whatever mistake that you may done, else, it will brings good impact to do more deeper research in order to make a good call after. If you make a good one the level of confidence will be added and you'll for more. It's always better to do your own assessment and decide after. |
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My unforgettable lesson. In trading is opening position long for btc leverage trade in the night and not setting stop loss or take profit. The next morning I received liquidation notification. Since then, I've always been setting take profit and stoploss.
Trading always accompanied by risk, without proper knowledge with the style of trading that you are performing the outcomes mostly unfavorable to your position, it's annoying when you see that your investment disappeared, it's your hard earn money, mistakes though can be use as a good learning tools to have a much better judgement,. |
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if I choose bitcoin for holding because this has an effect on profit if bitcoin has increased significantly. so holding up to get the highest bitcoin price is the best way at this time.
If you are not really hurrying to collect your profits Bitcoin is good for long term holding, if you are planning to use this as your retirement investment it will bring much bigger value. There are many kinds of traders and investors, it will relied with how you treat your investment. Both can be done as crypto is open and opportunities are here if you'll seek for whatever strategy you'll be bringing. |
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Guys, specially those who have been in this crypto world for so many years, kindly share your views on potential 10x altcoins in next Bull run ??  It is hard to make predictions about Altcoins that could increase prices as you mentioned. Because the return from Bitcoin is only just beginning. If we observe on coinmarketcap the Altcoins price increases very slowly mainly Bitcoin increases in price. Not entirely like that, there are some alts whose price has gone up very fast. But always make sure to buy it at a low price, don't let the price go up by about 30% - 50% you just bought it, the risk level is very high. The risk level is too high if you don't have any idea from those alts that you'll going to buy, you need to have an in-depth understanding not just fomoing and trying to ride along, alts have good potential as most of the traders use this market to divert their earnings after gaining from bitcoin market. |
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the point is the trust in the market, when investors see that in 48h a major coin went up 100% for really no apparent reason, then the trust is shaken in the entire market, that's my honest opinion
The point you pointed to is that a 100% rise in a coin will lose confidence in the entire market is correct, but we can look at that from another point of view as a 100% rise in a coin within days will attract more enterprising investors who like to see their money multiply within two days. This is also a possibility and it could have a positive effect on increasing liquidity in the market. You are right, with pumped happened even without any reason investors eyes will be interested, looking for opportunities they'll start bringing money inside and take their chances, it will bring more hypes and more movements upwards. It's really a game of chances, people still using their emotions just to grab opportunities to multiply their money. |
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Oh well, that's a good catch as XRP still pumping, if you still holding portions of your assets you are continually gaining good profits.
While with BTC it's near to your target almost touching $20K, what amount did you bought your BTC, as what I understand you are
asking some ideas about letting it go after reaching $20K.
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