In crypto trading our choices and decision are as important as the profit we come out with in the trades, but to be the best we have to perfect those choices.
Many people are familiar with buy and hold as a good strategy to make profit, of course this has been a good strategy for many, but for the day traders who don't have to wait all this long on a single trade, they have to follow a different other method which is buy and sell when they are at certain smaller percentage profit. But when you combine this two methods in your trading you tend to make more stable profit than anyone using only one approach.
Feel free to share your thoughts and experiences on this
There are a lot of rated and golden strategies in the market of cryptocurrencies as examples for new traders but we know that strategies depend upon the situations of market. The market is not stable and changes with the passage of time so you can not put a single strategy in the market and you will need to face different situations. Besides strategies you must have to apply the basic rules of the market and never let the principles and rules. I will simply follow the market rules for trading and in the obedience if these rules and principle the trading processes go smoothly without any friction or hurdle. I prefer it because some people do not know when are they applying strategies in market because they do not know about the favorable time for it to apply, therefore I am suggesting to follow the simple rules and to stay away of loss. |
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Yes, I'll stay, because initially I was not aimed only at bitcoin, there are altcoyins that I think should be dealt with
I would surely stay in crypto market if I had invested previously, in the Bitcoin market we see different situations and the current situations favors and encourage buyers. I am also waiting for the money to come and will invest in the upcoming few days. This is a great opportunity for us to take benefit of this current market and soon the market will recover as we have seen in the past many times. |
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Bitcoin has been hot, but many bosses think it is a big bubble. If you want to ask how the red currency will fare in 2018, some of the weaker bitcoin institutions think it won't be long, and prices will fall in 2018. The famously bold bank of Denmark has made a startling prediction: it will be back in its original form after it has shot up to $60,000, falling back to $1,000.
Deutsche bank has previously said the bitcoin crash would be one of the major risks of 2018. Ahead of the launch of bitcoin futures, deutsche bank warned that the bitcoin boom could pose a serious threat to the broader market in 2018.
Bitcoins price will increase even more due to the different demands coming from the investors, there are people in other countries as well that is demand for cryptocurrency to be legalized in their area so we can assure that bitcoins do really have a bright future and it will be good for long term investment as well. In 2018, the ongoing year which is in unfavorable conditions these days for sellers but do not be panic in the current situations which will soon change into favorable situations and you would be able to sell with huge profit like we got in the past. So do not be panic and be optimistic about the upcoming days, we will have faced with favorable situations soon. |
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If the financial cases of a country can solve by their governments the economic way of the society can feel it better because many poor people can get along with everything they did not have.
Making a country economically better involves tow main things; one is the GDP of a country and another one is the usage or adoption of a more valuable currency. With more valuable currency and with increase in the percentage GDP rate the country will be better economically. Similarly other countries are following the same and their economies with the Bitcoin are improving rapidly. |
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I'm not so interested in the issues in circulation, if you are an investor you should not think about the price up / down, is not that common every year, I also hear there are groups / or people who auction 60000 pieces of btc, make the price down.
That is the basic point. If you are a trader or investor, why to go for such news? Brothers you better known in the world of bitcoin, either prices are up or down, there is a benefit hidden for you always. You are just to go and fetch that up for you and make your life better. Now prices are down, so don’t just be sad and sit down with much worries, no, rather just buy up more bitcoin. |
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I do not think bitcoin is like bubbles if bitcoin like bubble seems like it is impossible because bitcoin price when it rises and very high after that price collapsed but can do price recovery so not suitable if you mention with bubble name, more suitable if it said wave.
We all must respect the opinion of others and likewise I second your statement about bitcoins and its bubble aspect. People need to know the definition of bubble first and then compare those words with current scenario of bitcoin. Compare and analyses don’t they see they are making a wrong move calling bitcoin a bubble. If it is bubble, how could have it lived for so long years? |
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What? Take profit when the market is green? Huh?
If you're day trading, you buy low and sell high. Use RSI and Bollinger bands for day trading with a coin that has volume in an exchange.
Use fib. retracement or other charting TA for longer trades. It's that simple.
And do not forget your tight stop loss even when day trading which to me is the most important. However, you are right as most of these indicators will always help you to make good decision in the market, but at the same time, you also need to know how to use them so as to know how to make decisions with them. RSI and stoch is normally good for checking the momentum of the market and the state of the market, which makes it easy to know when one should be out or in, but at the same time, the market can stay in a condition for a long time, which makes it important to know how to use them safely. The good thing though is that they can still work for any time frame when applied with other indicators like MACD and Moving Average. While trading you need to wait for the right opportunity and to keep your eyes on the market value of your holding currency. When the value of currency is low then buy as much coins as much your ability is. Sell all the coins in a high market value where your coins have the highest values which will payoff the most. Do not make decisions without monitoring markets in different times. |
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I think day trading will require more skill. Luck is also a significant factor for day trading. But it seems that some experienced traders will have more analytical skills, and they can tell which coin will rise today
skills are clearly the most important factor for day trading, where we have to carefully read the market price movements at any time, although luck can be accompanied for day trading, I think the things that need to be applied are the expertise and experience in trading If you don’t know how to take a piece of bread and how to make sandwich from it, you wouldn’t be eating it at all. Likewise, if you want to get money from trading, you must know how to do that. Better is to take some time and make a deep research about it. Only then, once you have got prior basic knowledge of things in trading, you are good to go for a dive in this practical environment. |
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I advise you not to sell everything, if something worst happens, think of it as a lesson, so that in the future it does not happen again, so through that event you get experience and make no mistake when investing
In the very present situation when the market value of all the crypto coins is falling and that things are not going in the favor of the investors, it is better to hold everything which you have in your wallet instead of selling everything. If you will go for selling of the coins, then this will only result in loss of money and that you will only be left with the regret and nothing else.So, think wisely and don’t make any such decision. |
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If the bitcoin'value gets to the figure of $1 million and overcomes the whole process of gold capitalization then that would be great but let's not run ahead of a boat and see what happens.
$1m is absurdly unrealistic. If that happens then the demand of Bitcoin is superb that all other altcoins is neglected. Nowadays crypto competitions is high and it is difficult to reach that certain amount you said. Around a few years back people were thinking that bitcoin never reaches 10K and it will be unrealistic. But bitcoin has surprised everyone in just last one year it went up to 20K. This market is not controlled by any institution or government so anything can happen either it can reach to 1 Million or similarly it can go down as well. As a crypto investor, we should be always ready to receive surprises from this market. Well expecting surprises might be a good thing but being optimistic all the time calls for being realistic as well. If the value of bitcoin reaches $1 million dollars, the demand for such cryptocurrency would be high and its supply might decrease. Not to mention with that value being that significantly high, investors would actually pull out their investments due to the risk and threat of its value dropping. Its decentralized and high-volatile nature make bitcoin as 'high-risk, high-reward' type of investment wherein you are holding a double-edged sword on your part. Bitcoin, much like any other crypto currency, is an investment in itself. But then again, if the question is growth, once BTC achieved a stable value then it always has room to grow. Plus it has many competitors such as a long list of alt coins out there. Projects will be built around it and of course demands for it will increase. Either way, there is always an improvement.
Assuming that bitcoin would be regulated in the future and its value would be less-volatile, the number of investors might pull-out their investments. What makes bitcoin as an opportunity to most investors is its volatile price. Some consider this as a short to mid-term investment since its price may skyrocket at any time- which makes this the perfect tool for risk takers. Yeah many investors putted their money just for making more and more money and not to use their holding, while the creation of bitcoin was not for making money but to use one currency in the whole world. When the people treat bitcoin just as a currency and never calculate with their local currency the use of bitcoin will increase and the investment cap will grow more. |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Precisely, just keep believing in yourself, if you knew that it is good for then push for it and don't be bothered by negative speculators. If you have been in this industry for a long time then there's no need for you to worry because I know that you can manage this situation. Panic selling would never have a good effect yet, it will never be a solution for our problem. This is the spirit. One should never loose money due to panic selling. One should rather be wise enough to make the good move in the market keeping the market condition in the market. Besides, one should relearn about the technology if one has incurred loss in the past. There are actually some good online channels on YouTube which teaches the great tricks and tips to stay alive in the market. |
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I think banks will still remain even many years passed by, banks and crypto have big differences and uses and i doubt if cryptocurrency will replace banks soon due of crypto is decentralized and banks are not some might reason is people who dont understand crypto will be against to replace banks.
There are some rumors that banks are going bankrupt in future just because of bitcoins or other crypto. Believe me this wouldn’t be going to happen. It will never ever happen until and unless bitcoins are just prevailed over the world and every corner of world, we can find bitcoins so easily like fiat money. If this happen, then yes there are news of bankrupting for banks against bitcoins. |
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do not think so if you borrow money from the bank you have to accept the difference between the sender and the price you borrowed from you have to pay the third party is the bank when you trade bitcoin you It is not worth the price and not through the third party but only the seller and the buyer
There is always an opportunity in everything, that’s what you gotta know. It’s left for you to utilize it if you can. If you choose to be smart and hardworking, then nothing stops you from accomplishing lots of things through. Whales will always manipulate the price of Bitcoin and there will always be people that end up losing their money, but if you’re fast and smart, you will hardly end up with loss. |
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Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?
The safetiness of your account or your coins will be always depending to the wallet or exchanger you are placing your coins so always choose a holder depending on the majority of users who are using the current wallet or exchanger you are interested. Mostly this factor isn’t considered as valuable but this comes as secondary things to do. Besides selection of best coin to your effort is important though but this has an equal importance but just comes at secondary priority. One must be knowing about the exchanges and the coins that you are going to deal with. Best of the exchanges must be selected so that you would be kept safe from hackers. |
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The easiest way to receive a profit through bitcoin is by buying Bitcoin when the price is down and reselling it as the price rises, but apparently, HOLD is the single most successful way.
Trading is not that much easy thing to do as most of the people who think of it and that the ones who think of it like this are the ones who don’t know much about the trading. It all depends on your learning and the skills which you have and that the way you plan the things according to the situation which then helps you in making the right choice at tough times too, thus aiding you in making of money. |
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
Before enter market you should set your stop loss and take profit area and do that if the price touch one of them. No doubt to not obey this rules, specially when you heard people opinion. Take focus to the chart, follow your rules and accept the result. Do that and profit will be yours. But we have to keep in mind that if the market is going good and the coin in which we have invested is going bad then there is something bad in the coin in which we have invested then we have to stop trading in that while if the market is bad then we have not to fear as the drop is because of the market and we have to keep in mind that the market will be better one day and these coins will recover sooner when the market will be okay. Trading is one of the most difficult job to do and that you must be extra careful while dealing any of the thing related to that of the trading. You cannot decide without thinking over it and that you must be sure that your decision will then lead you to the earning of the money exactly in a way you want. Sell your coins only when the market value of the coins is rising higher and not before that. |
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yea i was the first custmer for my friend and vice versa in the crypto world LOL
This way, you wouldn’t have earned some good experience. Because we are often not so businessmen when we deal with our family members or friends or relatives etc. we have to keep them away from this business thing and trading. You wouldn’t be earning money good money when you deal with such people. So better is get way as saying goes, there wouldn’t be any known person in dealings. |
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Where did you get that one of a kind NEWS? I think it's not good to see this post in here. I think it's Good to say on here but it's not totally Good.
I think there are some reservations on this point. We need to think over it and then consider the realities and history that helps us to make good decision and observation. The thing is, exchanges should be legit so that you might not have any doubt for their negligence over your loss. Secondly, you must be considering best exchanges because they can either lift you up or just drop down. |
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Before the new year comes this is your chance to sell your coins or investment because it have a good higher price that makes you profitable enough,
that your waiting for then buy after new year because the value of investment or coin in the market have a chipper price.
There is no such guarantee that new year is the marker for the price drop and then post new year is the marker for price rise. In fact in Q4 2017 price dropped dead in the last few days prior to new year and then remained so for a longer period of time and then rose mid-January. Dont be superstitious in any crypto related matter. It all depends on how market is moving and how people are reacting to it. It is a good time to buy now as we reach mid-year. So better dump your alts and buy some bitcoin. Exactly! The market is not based on kind of some magic or super natural powers, everything happens according to the rules and laws of business. Well as far as I know the market, in the month of December, it increases to the highest levels of the year and this is why everyone is holding it tight with the hopes of making sufficient money by the end of the year. This is actually what happened last year when it reached 20k dollars. |
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right now, im holding cardano from my loss back in march until now. i made myself clear to hold the coin because from what i have heard cardano is a promising coin out there. it has it own blockchain... in my decision making, members of this forum takes a big part of it.
Cardano (ADA) $0.215504 USD (-7.04%) 0.00002871 BTC (-4.53%) it's today price. I am afraid of this price. I don't feel safe to invest my money in this coin. I prefer ethereum mostly instead of this coin. Everyone has his own choice and that he invests his money into the coin which suits him the most. It is then his own hard work and the personal efforts which then help him in making of some good earning at the end of the day. I will suggest you go for wither bitcoin or any of the altcoin and then keep on holding that coin for some good time as this will then help you in much better way than any other coin. In my opinion better to search the market first before investment in cryptocurrency because there are more than 1000 crypto in the market and many of them became scam when they have no market cap. Converting to Ethereum is better option and you can make handsome money from Ethereum in the near future. Do not sell your coins in this day. |
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