If you came from worst situations with altcoins, then proper diversions will take place. Reverting our mode of holdings can be done through bitcoin as an asset, and don't hold altcoins if you see no improvement in the long run. We should make things as first priority, in case if there's a fear of bigger lost when holding non sustainable alts.
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take a long time to understand the state of the market, there are times when the market is in an uptrend or downtrend, sometimes the market is stable, sideways or flat, sometimes prices move irregularly, Experienced traders will surely be patient waiting for the right time to enter the market, the money you are trading should not be the main money so you are ready with all the risks, a few years ago it was indeed a tragedy where traders suffered a lot of losses, I myself lost around $ 40000 - $ 50000, I don't know the exact amount of my loss, it's only an estimate, because my loss is in the form of a variety of different altcoins, so you don't need to feel frustrated.
Sometimes we feel disappointed about the losses we encounter during immediate downfall, through our aggressive action that lead to create mistake but we have to continue our marks as traders enduring forbearances and acceptance. I also gain loses when I am beginner on this field, but I do research to enhance my knowledge on deliberating a benefited outcome.
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No matter how promising a project might look, especially if they are new projects just look them as if they have nothing to offer and invest only what you can afford to lose. Do not keep your eggs in one basket, do you fall in love with a single coin, no matter how good they are always keep digging, many more good gems won't hurt than relying on a single gem 💍. Be smart
Agree that we must be careful in deciding to invest and diversify our portfolio. With diversification, investment opportunities can last when the market is bearish is bigger, otherwise we will be calmer because the market is difficult to predict Every mistake has consequences, so we have to be aware for every deliberation we made including positivity and being knowledgeable for every possible reaction. Thus, the market is very volatile which is hard to predict for the running days ahead. Let us be cautios and decide which is worth enough to keep.
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I would not advise anyone and I never borrowed a cryptocurrency because it is very risky and because the cryptocurrency is rather unstable and it’s best to avoid such moments.
but in my opinion sometimes we need to do that because sometimes we have to take risks if we want to succeed. For example, in our environment, there are many successful entrepreneurs even though they start their business with loan money. Having loans using crypto has no assurance to sustain because it's more volatile compared to btc. Altcoin has no stable and regular active community, because it was dependent to the top coins exchange like btc and ethereum. These two coins has a good performance with respect to market capacity, that's why if I prefer borrowing I should choose physical money so I could by btc or eth directly.
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Thank you for warning us, once I recieve email from the others I do not click the link and even they have free coins or tokens they offer to me I will not take my risk my information. That startegy is old for me because they have incidents like that they email you and by clicking the link their provide they get your information even your password don't trust easily protect yourself from the hacker.
Avoid doing the same thing as other traders did, they're risking themselves over dangerous phishing sites that could steal their private keys. Most of the fake exchange sites was the strategies of the phishers, and they used to carbon copy the site's appearance with some tricky letters added to their URL. Everybody should be aware of this and this wouldn't be tolerated, because your thousands or million worth asset might be gone in one glance when sudden attack will happen.
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we certainly hear a lot of people whose their lives change 180% because of Bitcoin based on https://www.livebitcoinnews.com/venezuelans-turn-to-bitcoin-and-online-gaming-to-survive/ when government policies make them miserable, they find ways to survive. Do you agree with Bitcoin is one of the saviors and are there any of us who have saved their economic lives since focusing on Bitcoin?and honestly, I'm one of the people whose economic needs have survived because of Bitcoin Yes I am because I have seen many advantages because of bitcoin it gives the full attention on it and it gives the people to accomplished what they wanted in life. Yes bitcoin can prosper the life of people and it works independently. It helps boom the income as well.
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Its a big spike and im enjoying it. $1000 increase in just 60minutes. I hope this is it. I hope people wont sell at this rate for the market to continue to rise. Could be the 401k released that people kept on buying. This is just good news. Let's wait for more increase in the coming days.
It is refreshing nor to raise the price and the value itself. We agreed to keep on eye to the status of the market so that we will be able to determine and identify what is the next step to do so that we can earn for more profit and give all tge effort that we have.
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We should not undergo KYC in name of getting some tokens. It is some kind of personal choice, I do not hesitate to put my details if I found the site legitimate but I decided to not to go to KYC for the tokens that were worth of $250 at that time in market because i was not comfortable to share my info with them.
KYC is your choice that would depends on you what are you going to do. If you want to get token not just KYC is the thing to do but to find more bounty campaigns and join for it. Yes their ae problems that might appear but that is part. Tokens are really useful because it is can be converted to cryptocurrrncy.
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Cryptocurrency is getting famous around since last year. You can already see that Bitcoin is being use as a way of payment for larges things such as cars and even houses and smalls things such as bills and game credits. Adoptions are taking place. Although the percentage of aware of people are still low, it is still increasing each day.
It is because eveyone have seen that it is easy to use as payment and to do transaction with cyptocurrencies. The glad that we have is really approaching success because wedo believe and we keep supporting Bitcoin though it is not high range as of today but their is always value.
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At present, the risk of investment is very high. But we will continue to focus on market changes. If there are market problems, we will continue to invest. Because encryption and block chains are the future directions of technology. I don't want to miss this investment opportunity.
As always risky sorrounds as because we are dealing into business which is investment. The problems in the market is easy to fall down without hesitations it is because no one can control of it. The technology is really amzing because we can see easily the changes.
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the cypto market is currently only experiencing a cycle that is not good, it would be great to buy some altcoins that have the potential to become better future investments and wait for prices to be more profitable, most importantly, not giving up and continuing until the crypto market returns to the right path
Their are a lot of altcoin which is useful and in the other hand their is some altcoin which has no value at all. Well it explained it clearly we need to gather more coins which has a bigger value and can accomodate all the needs that we have also can do transactions and that is better one. The good thing is we need to conclude for a firm decisions.
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Cryptocurrency is like a water in a bowl, the water moves but the bowl determines the flow We crypto users are the Bowl. The reality of life is do you do the right things with the water (altcoins, bitcoins, Etherum ) This simply means only crypto users causes the bearish moment and the bull run Make the right decisions Governments and stock exchange departments are causing the fud and investors sell their holdings in the hope that flow of thousands of btcs into the market will decrease the price of btc moreover whales manipulate the market to maximize their profit and to give the Chance to the new investors The government look forward for more development that bitcoin will bring in the community and aside from that the keep improving of earnings and everyone can gain for better. Holding for the right time is better so that it will double it up the money that you put up.
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currently the market condition is bearish of course very risky if you want to make profit in trading so to avoid losses but monthly income still exists I prefer to hold altcoins that provide dividends every month ie; NPXS, KICK, and MNX the result is not much but enough to buy food and pay a monthly bill, I will do this at least until the market is bull run
As of this time risky is in as always it is because their is competetors we as an Investors we need to be SMART. Like Specific for what we need to aim, Measurable for the goal Attainable, Realistic and Time bounded so that everything will follow in order.
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What is meant by personal coins here is that you want to create a new breakthrough in the world of cryptocurrency? Do you have many teams and lots of funds to attract investors by making ico products?
The purpose of the personal coin to buy for the necessary needs that allows to put up for any and may apply decision making for the progress. Aside from that it can be consider as savings for the future needs and can be funds for everything.
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The best thing that you can do right now is to study the market well, know what coins to buy and know their real technology so on your own you can decide whether you will invest now or wait for the right time. Do it now while the market are still on the correction, make your time worth it now or you will miss this chance of getting cheaper coins.
If I'm on your position, I will invest on the top coins now because the price is cheap and hold it until I make profit. Don't be scared if the market goes down again, just make sure you will buy more and hold it tighter.
Yeah, right you got it. Their is always a time to study si that you will be able to understand the flow and definitely control the situation in terms of investing. The market is not stable rather it is uncontrolable that is the reason why we need tolook for more opportunities.
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I never trust anyone I don't know, if indeed every time is the right time to invest in cryptocurrency, then why does the cryptocurrency go down? means that someone is selling the cryptocurrency, including now. as long as there is a buy process, there must also be a sell process. well, the behavior of people who sell this, is a behavior that we must consider, why should they sell? do they not trust cryptocurrency anymore?
To trust is difficult even though how far you know everything because in the other hand you can see a risky one. Yes, cryprocurrency is really in demand because of its capability and how useful it is but the function is really for everyones advantages.
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Lots of people experience this including myself, therefore when the market is not good we should buy coins when already listing in exchange. Isn't that a good idea?
Yes, it really happens but we cannot control that because their are times may happen because of the status in the market it brings pros and cons at all in every situations may happen. The exchange is better because their is a opportunity in earning at all.
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When icos will have a specific model of return on investment and the market will be more stable only then I can trust my money to them.
Their are times that we need to seek for assurance in terms of investment so that the mkney that we will put up will go round and get the goal for high. The stability of btc is not for long but this is a good investment as welm because we can see a good feedback on it.
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I'm sad due to my loss. And as I know I'm not going to sell what I hold until I get a nice profit, I'm not afraid at all. Let the market fall more, I'll keep adding my coins little by little cause I believe there would be a higher point.
Maybe everybody feel that way. That would be better if we are going to look for another opportunities to come along so that we will be able to access what is the positive income will come and we can share for good. All coins will down and up that matters in the demand of the market status.
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My friends ignore me when I start speaking about or talking anything about crypto currencies. They don't get it, or they don't want to understand it. They are leasing but they are not leasing for real. It is hard to say why they don't want to be involved, but they are very skeptical and always saying, where is all that money? did you cash out, where is it...
Same here, at first they ignore and did not even mind me but as the time pass by ad they have seen a good result which is earning a profit that can lead me t become a successful person. Well everything is occuring that would depends to the process. They wanted to join and want to learn more about bitcoin.
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