Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone .  Revise your strategy! If we lose a lot in trading, there is something wrong with our tactics or in us. We must figure out what we did wrong because sometimes, even our mind works efficiently, our emotion carried away. Definitely, if we change our perception, we will lead in a successful journey of trading. Just try to contemplate everything before we quit. |
|
|
|
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Definitely right! A lot of people have mistakes when it comes in trading. Having an unplanned decision will take us in ruin. We should only invest what we afford to lose. Just like gambling because we do not know what we risk here and anytime we lose all of our investment. Do not be greedy because it may lead us in nothing. Plan the needed investment and put the excess money only. |
|
|
|
As in sport the players tire but the spirit of the game continue to exist ,similarly investors are not to panic from declining prices of BTC as It will continue to dominate the crypto market in future ,so nothing to worry,prices if falls may rise again.Do you agree with me.
I think it is different from the real scenario today. Probably, cryptocurrency market will rise again but it takes time before it recovers again. I worry not because of my capital but because its to long to wait in the bull run period. It takes many months or year before it completely beat the 2017 hiked price. However, I feel the spirit of bull run in the first quarter of 2019. |
|
|
|
Which is more crucial HODL or Short Trading ?
Due to the bearish period, people often do a holding than a short selling. Most of us are already satisfied in 4% to 10% profits than to wait without assurance that we gain. The future still unpleasant for us crypto traders and we should not be calm or hold together when market is declining. We should do something just to feed ourselves in daily life, short selling will help us. |
|
|
|
I think it is time to buy BTC and alts step by step.
We may not see this price again.
If buy back seem to be easy for all people, I expect that the market is green right now. Due to the misinterpretation of the people when it comes in investment or buying a certain coin in exchange, market manipulation still occur. We need to be a educated investor already and selling due to a FUD news is not a characteristics of a good investor. We must hold and buy when market is down and be happy when it goes up. |
|
|
|
|
Crypto market amd people are in deppression right now. There is no consensus between us and the market because of the FUD news spreading all over the world. However, we must hope that in 2019, everything will be fine and come to our wants. I hope I will experience the bull market again because I have seen it when it already gone. I hope market will recover someday.
|
|
|
|
For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
No! Bitcoin is now below 4000 usd. The market is experiencing red days and there is no room for the rally. We need to wait in a long term period so that bitcoin and other cryptocurrency will recover. They said that 2019 is the estimated time of bull run and continue till 2022. However, many speculation says it could be a 3 to 5 years before btc gain its price back. |
|
|
|
|
Anytime, people can enter in cryptocurrency. There is no specific date that the market is good or bad. We have to adjust ourselves when we enter this industry because we will experience excitement and afraid because of the changes happening in the market. There is no perfect time, we just need to be attentive and stay focus on what we are doing in crypto space.
|
|
|
|
|
If all FUD will be gone in this industry, I expect that many people will be in love again in cryptocurrency. Each time that pass, FUD news becomes the primary reason of the people to resist in investing their money in cryptocurrency. As a matter of fact, we are emotionally disturbed because of what we have seen in the news. We cannot control our emotion that leads in a wrong decision.
|
|
|
|
For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.
I think all top exchange will be survuve until the last day of cryptocurrency. They are all good in terms of liquidity and security. Hence, many people will believe on them specially in Binance and kucoin. However, if there are hacking incidents that would happen, I assume that the trust of the people will fade also. |
|
|
|
|
Well, I hope it will fully recover! Since we are all waiting the bull run by the end of this year. I assume that the price of cryptocurrency in all exchange will increase. However, there is no assurance that it will happen since many people are still scared to invest in bitcoin or ethereum. In fact, even this two cryptocurrencies are still in cheap price.
|
|
|
|
...Has bitcoin become the preferred payment method of organized crime groups?
Nope. The U.S. dollar still reigns supreme as the currency of choice for organized crime. Definitely! US dollar is the dominated currency chosen for organized crime. If they will accept cryptocurrency as their payment, they can track by the use of internet. Even there is a decentralized or anonymity in cryptocurrency, criminals will never sacrifice their specially that there is an intelligence group used by the government to locate the criminals. |
|
|
|
hello friends,
i think bounty hunters are 1 reason for DUMPs, becouse when they will god tokens, they will selling all tokens, and marketcap are going down.
if payment will be in USDT, if bounty hunter will sell USDT - its not bad order for Tokens and ICO.
what is the best WAY?
lets do it, speculation.
Even it is on BTC or ETHEREUM, I will accept it. Developers don't want to lose their money. It is the essential of paying the bounty hunters or managers their native token. If they paid us with USDT, their own token has useless. However, it is also their way to fool their participants specially that most of altcoins are scam or no values. |
|
|
|
|
I never encounter those coin you havs listed in this thread. Those stablecoins you have mentioned are not in my watchlists. Even, I want to buy some of these, I can't because I don't have enough funds. Maybe, I will appreciate that once I got my payment in my bounties. But as of now, I think I cannot but them all.
|
|
|
|
me too, I considering about buy some more ETH, but the market this time seems too bleak and my coins on exchange loosing the price so much
I hope we have the best solution right now. Buying ETHEREUM is the best thing to do in bearish period rather making it as our problem. The market currently undergo in downward trend and instead of making it as our stress, why we would not satisfy each day that the price still low. It is just like our necessities that we need to keep so that when price goes up, we have plenty to be used. |
|
|
|
What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
You can use that both! Price action can determine using indicators. As of now, there is no surging in bitcoin price. You can see it by using fibonacci lines. Well, you can search how it works. Fundamental analysis is good also! But I do not depend in fundamental because I suspect every news to be a FUD. |
|
|
|
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
Agreed! Your idea is correct! We need transparency nowadays. As a citizen of democratic republic country, it is a must that the citizen knows everything in government. Blockchain Technology will help is to eradicate the corruption of the officials. As of now, there are many intervention that should conduct to prove blockchain technology works. |
|
|
|
We have a lot of bad news and so much FUD lately, the prices of Bitcoin still shows little signs for recovery, some bitcoin miners stop mining and other has gone bankrupt and now is gaining a bad reputation for non-bitcoiners so potential investors are scare. But what can we do? I propose that we make a huge campaign promoting bitcoin everywhere in WhatsApp, telegram, Instagram, snapchat, facebook, emails… Lest spread only the good news and even tell your family, friends, and neighbors that now is a good time to buy bitcoin. Together we can make a positive chain reaction.  Support bitcoin throughout our life! We need this cryptocurrency to be alive not for a single year, but forever! Bitcoin will change the world! Bitcoin gives hope for everyone. Hope that goes along our way even in hardest time. We just need to hold patiently in bitcoin. Just hold your bitcoin! |
|
|
|
|
During this red days! I spend my time in posting rather than to look on my assets. All of my coins even ethereum goes down and I do not want to risk them all. Bearish period kills our investment and money. Even I want to cash out my money in wallet, I cannot do that because anytime it may goes up.
|
|
|
|
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
That is very nice! If I can use my bitcoin wherever I am, wow! Its techie. In my case, it is not a hassle for me to scan QR code and pay using my digital wallet. I can use it because already study about cryptocurrencies. What about other people? I think it is good if everyone really knows it before bitcoin will become the way of payment all over the world. |
|
|
|
|
Show Posts
