The mistake that you should never ever should do while trading is
1) Trading emotionally
2) Unnecessary Risk taking
3) Trading without doing R&D
4) Trading on prediction.
trading emotionally is the main problem in the industry today because there are more people who cannot handle the pressure in the market and they tend to sell their coins at the lowest price which makes the price of bitcoins to dump even more. |
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Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
Most of the people today is always depending on the speculations in the market and the price of bitcoins might really reach $50k dollars if people will focus on investing more than selling their coins today. |
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What are you guys trading on the most?
Anyone using the Bitcoin to trade stocks like 1Broker? Or mostly trading BTC markets? Or Altcoins?
In my own opinion, trading bitcoins today is not a good idea because the market prices are continuously dropping, the best thing to do is just to hold your coins in order to avoid losing more capital. |
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
Yes i think you should do that because the market prices today are continuously dropping and you need to wait again for the price of bitcoins to drop and everyone is hoping for that to happen before the year ends. |
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A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
Bitcoin price will go back to $19k dollar or surpass its previous price because most of the cryptocurrency experts are saying that bitcoins will sour just like what happened last year. |
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when you do trading, do you always think about this, "buy some, sell some, hold some."
Selling or holding your coins will be always depending on the state of the market, if the market price is pumping then you should sell your coins while dumping time means holding or invest even more. |
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Well, long-term trading is definitely for beginner and non-professional traders and it is also relatively safe, so those people who don't want to take risk can go for long-term trading. As far as experienced traders are concerned they can trade any time.
Long term trading is only for people who are not good on trading or to those who are still working on the corporate world and cannot focus on their daily basis so they prefer to hold their coins longer and wait for the highest price to come out. |
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This question has been on my mind, I have been pandering on the reason why we should take risk despite the fact that people who take the same risk later loose everything, some time people consider taking risk as the only way to make it in life, despite this believe people who take risk in the past are still regleting it, dose it mean that you can not succeed without taking risk or that risk is what we must take in life, is there any way one can live on earth without taking risk
The profit in cryptocurrency is very high because people will always invest due to the price that is keep on increasing, and the popularity of bitcoins is keep on increasing as well. |
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The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
The market prices are volatile and that is the reason why some of the people are preferring to go for long term investment or holding for a long time, some are trading daily depending on how they are managing their coins. |
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Not sure how soon it will happen but everyone thinks BTC can down to $2k at the moment.
I think the end of worlcup 2018. BTC will be down to $ 2k.
In my own opinion, bitcoins will not go to $2k dollars because people today are still keep on investing which makes the price to pump up again so by the end of the day, bitcoins will still have the chance to reach $20k dollars. |
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What could be price of bitcoin in next month ?? $5k $7k $8k $10k $15k or $20k Predict please   In my own opinion, it has the possibility to reach $10k to $15k dollars because the market price today is slowly increasing again so keep on holding your coins in order to earn more profit in the future. |
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I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?
Selling your coins at its lowest price is the worst scenario you can do and you will just keep on losing a huge amount of your investments if you do that, so try to read different speculations before investing a coin in order to determine if you will be earning profit this month or not. |
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Now I feel worried about the future of bitcoin and crypto in general because every time there was a price correction I saw most people are not worried about the price and they all had the same opinion about it, they all said to wait and hold your coins or buy new more, but now I see that there are different opinions about it, that makes me really afraid of what happens now.
is it serious guys that it is over or what?
Worrying about the market prices today is not a bad problem, try to read different positive speculations in order to have confidence on investing or holding your coins. |
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Absolutely yes, dropping of prices is the right time to invest a huge amount because in this way you can earn more profit when the market goes back to normal. |
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I saw the news today, Binance CEO said, 2018 bitcoin correction price similar to 2014, what do you think?
I do not think that the price of bitcoins will go down on $1k dollars because it was just continuously increasing as the time goes by and there are still more investors more than sellers so we can expect for higher prices in the future. |
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Bitcoin is not a stupid decision, there are a lot of people before who are regretting not to invest on bitcoins when the market price before is very cheap and you could be rich today if you just have it right now. |
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Bitcoin is considered the first product of technology called blockchain. Dominik Weil, co-founder of Bitcoin Vietnam, says Bitcoin is a peer-to-peer network that translates values from one person to another.
Bitcoin is like other investment tools, a new form of asset, bought by people when they fall down and sold when they rise. Therefore, the valuation of copper coins and predictions of future currency is very difficult.
I believe that it will be just the same as what is happening last year, maybe the market price today is dumping but before the year ends, it will skyrocket again. |
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Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?
In my own opinion, decreasing of prices today is just normal because the value of bitcoins last december has pumped so hard so it is normal for the price to go down this days. |
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I think the next economic crisis will affect the digital money market.
what's your point of view?
There's nothing to worry about the market, the prices might going down today but still it will grow again after a few months because the prices are volatile and it was based on supply and demand. |
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Do you think bitcoin is going to reach june rates soon ?
Bitcoin right now is slowly recovering, it grows to 6.5k dollars from 5.8k so there is no need to worry and keep on holding your coins today to earn more profit in the future just like what happened last year. |
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