it is a nice strategy and it is better than just holding a coin and not doing anything. if you manage to do so, buy dip sell high it is a very good skill which have advantage in both short term and long term time period. But don`t focus on just one coin there are so many other opportunities out there.
|
|
|
the mistake I wish I will not do again is being greedy. I had a quite nice portfolio before new year but I wanted more and more so I haven`t converted my earnings into tether (even though I had in my plan to do so right before new year)
|
|
|
if someone can answer your question and is sure I would suggest you to not believe. We say holding is trend but how can we know if the majority is holding . I have heard from so many big whales that they do trading not hold. Even Ltc owner sold his coins.
|
|
|
it is very interesting that ex soviet union countries such as Belarus and Uzbekistan legalize btc because in my mind they are always positioned as countries who love centralization and don`t allow such things that can bring decentralization. Great News.
|
|
|
with the recent pumps and dumps as well as regulations coming I do believe that btc will make the gap between rich and poor even larger by taking their investments as well.
|
|
|
what it matters is its value and personally I would like for it to be 100k and hold just a fraction of it rather than for it to be in 10k and own a full portion of btc.
|
|
|
In order for btc to be used by everyone there must be a huge event in the world which causes a complete crisis and which would destroy all the system and finance world.
|
|
|
I believe that the volatility is caused because it is so open for manipulation and speculation because it has not any regulation still and it is an open market. I don`t argue with the reason that it is lack of value based
|
|
|
the impact that the CNY was expected to have on the market has already happened and after this time the cny in my opinion won`t affect the market too much cuz cny starts 2 weeks ago than the actual date and the impact was then.
|
|
|
there are so many ico`s and projects that claim anything and they sell dream, but in reality just a small amount of them have a real business and a working product so I guess bitcoins will still stand as a leader of the market cuz it has something that works and even if they claim they are better, their technology differs just in small updates which can be copied within weeks/
|
|
|
the manipulation from whales occur at the most of the time, we as small investors could just take advantage behind them, so if we manage to sell at top an d buy at dip when they manipulate it it would be the best thing to do.
|
|
|
There are lots of positive attitudes that btc will go into 5 digit numbers but what we can`t see is that all this positive attitudes are from crypto investors the ones which would benefit if btc rise tremendously, if this factors remain the same I believe btc will remain where it is and if any regulations occurs it`s price would be less volatile or maybe stable.
|
|
|
as far as I know also the alibaba is aiming to invest and make a mining farm for the crypto mining, if those companies take their hands in, the crypto world would be massive.
|
|
|
this rise from 6k to 20k definitely was a bubble and I made mistake by not selling at high, but now the market is recovering and I guess we saw the dip and the time is to hold and wait for the earnings to be back
|
|
|
in my opinion the best way to earn money is trading but only if you have the ability of patience and some info regarding the market . To start trading for sure you have to invest some fiat on btc.
|
|
|
the thing with emotions I thing is the very best tips and important one as well as the hardest one to control because we are so affected from society and friends as we can`t dispense emotions totally
|
|
|
when you show your portfolio to them and tell how much you can earn they are convinced easily but the main question is shall we convince people people to invest into btc.
|
|
|
Partially this is true but there are so many investors in the market who don`t even know what is btc and they just have invested because their neighbor or their friend has earned money, so they are so vulnerable to be manipulated by FUD in my opinion.
|
|
|
So many of my friends were thinking that they could make 100k by just investing 100$. And in that bullish period so many were experts of trade. Now those weakhands may be shaken and just the holder and dip buyers would profit. Even if it is 70% down I believe it will recover and I will hold.
|
|
|
the recent new which were neutral have given some confidence to the investors and the recent crash on stock exchanges in US may make crypto market a better place for investors and hope for Green market happen/
|
|
|
|