In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.
Actually I don't really make a target one month for what percentage profit should I reach because that will only make me feel shit and maybe stress if the target is not reached. I just play according to the circumstances. when the price is time for sale then I will sell. I can for >10% profit in a few days. depending on market conditions |
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There are environments where some people have found themselves in that has contributed to their being poor. Most probably, a change in environment could enhance their level of livelihood. In an economy that isn't well set finanxially, most of the people's stautus will tend towards being poor.
Yeah the environment also affects but the environment will not affect much if an individual has a strong determination. look at how fish in the sea have a salty environment but their meat is not salty. the environment will not have a bad effect on you if you have the intention and willingness to change yourself in a better direction |
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Who is really hopeful about the future of Bitcoin and why?
Most Bitcoin supporters will never believe that bitcoin is going to crash or end. Even if BTC falls to $100 today, they will still being hopeful. I don't think so. why does the price drop very deep to more than 70% because most users are still not sure that bitcoin can survive this storm. so most holders also panic about the weakening of prices and contribute to the dump. Bitcoin needs a broader development so that users can re-trust to Bitcoin |
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If you are new to Bitcoin and have not spent money to invest in Bitcoin then my suggestion is to wait a moment first. I mean waiting for the market to be completely healthy again, indeed no one can be sure when the market will return to health, but at least you can have free time to review about bitcoin. You can learn the characteristics of the price of bitcoin so as when you have spent money and once the market crashes again you will know what you will do next.
I think so buying when it is bad and uncertain conditions seems like a bad idea. try to hold and be patient first. look for the right market conditions to buy. wait until the market gets better and starts to get crowded. |
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I think the one thing we should all look forward to is the stability of crypto currency. I mean more and more countries and companies are getting in on crypto currency so these money will bolster the price. Banks and other financial institutions are also looking into joining in on crypto currency but is waiting for regulators to go in first.
well, I think the development of fiat, and the bank will lead to cryptocurrency if its development on the internet. I have read a number of articles that are concerned with the development of fiat that are utilized by the blockchain, which is tantamount to combining fiat with crypto. well, whether it will be a development in the future, I think this will be a pretty good development. Of course, banks will not use cryptocurrency until the state legalizes it and there will be no corresponding instructions for banks. I also think that in the future fiat and cryptocurrency will not only be forced to coexist with each other, but these types of currencies will be combined in various combinations to complement each other's capabilities. It will also be beneficial for cryptocurrency, which cannot replace the national money of states. how do fiat and cryptocurrency combinations work? yeah I also think that crypto won't be able to replace fiat. and legalization will not be obtained easily for crypto. but with much of bitcoin user. I'm sure the government will consider that |
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I didn't think about Cryptocurrency as much last year, but now that the prices have dropped so much I think about it more often to the point that it has become the most frequent subject on my mind and I'd rather stop thinking about it so much.
If your holding a tokens and the prices is experience losses you cannot aware to mind it because that is your profit,but try don't always check your portfolio and ignore the market and also try to find other way to get a income and always think positive. Always check the market and your portfolio. see how much you have lost will only make you think too much and get dizzy and sad. if you are believe of the coins you buy then try to leave for a while. don't look at your portfolio for some time to come |
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That's why it really depends on how you look at your lost. Going back to 15% lose, I would say that its not a good thing to sell because we all know that the market is very volatile and a swing of 15% regain is very common. So it really depends on a lot of factor specially how you look at your investments, whether short or long, just saying. Disastrous for those going short. 15% is painful already, what more for an 80% negative. Though i doubt many could've expected how the market plunged to these levels recently. Most of us are expecting a recovery instead of this. I am one of those people who suffered almost that big loss. I bought at the beginning of the year and the price then bled, many people suggested to hold because it was only a correction. but prices continued to weaken. my assets decreased by more than 50% and there was no choice but to cutlose and hope can buy again at the bottom line |
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I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.
Could it be the right choice with holding? while prices continue to weaken throughout this time? I choose to sell part of my assets then buy when prices go back down and sell it as much as possible when prices go up. it reduces losses a little bit. rather than just waiting when these bad conditions continue |
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I love a stable job with a monthly salary, a steady income. Trading brings a lot of risks and you are not sure about the profit you can make monthly. I do not love risk, and I worry about my daily living expenses.
Thats your choice no problem with that. and I also want safely. thats why i use both. yeah trading is risky but the risk will be worthed with the possible benefits you will get. there is no income limit in trading |
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Why not? it could happen. Because as long as the price of the digital currency has deteriorated , people will switch to investing their money by buying gold. Gold is the safest asset in the long run. And gold will always be profitable for most people to make investments.
I am confused by these thread, why would people come back to Gold? Gold is still one of the best investment for a long time now, people will not come back to Gold, if you will be saying it I guess it will be, they will be now focusing more on Gold than Bitcoin in which I think they are still doing in the past since most of them are thinking that Bitcoin is just a bubble. I don't think I'm going back to gold because many of us are still investing in gold even though bitcoin investment or other technologies are becoming mainstream. gold is not an obsolete investment you know. gold has been around for a long time and will always be in accordance with the times. so I don't think we come back to gold. because we will always invest in gold |
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Most people would agree that it would be more beneficial for the price of a stock/commodity/currency to slowly go up, rather than continuously going down. Investors <short-term> are looking at a potential investment, where they can be motivated to invest more money into that investment, because the profit <carrot> is held in front of them, because the price is continuously going up. This is what happened prior to 2017 and that is why investors dumped large amounts of money into Bitcoin. <Back then, the price pattern showed a continuous upward trend> Now, with the price constantly going down, investors are sceptical to invest in Bitcoin and some short-term investors are pulling the plug. Even if you are not interested in Bitcoin as an investor and you are just buying bitcoins to use as a currency, then a continuous downward movement in the price is more heart breaking, because you are getting less value for the bitcoins that you bought the day or the week before. Even merchants hate a downward spiral of the price, because they will lose profit, if they are not using a payment processor to convert the coins to fiat currency. On the way down a lot of people panic and they sell at a loss and these people will lose confidence in the currency/commodity and they will never invest in Bitcoin again. We need a slow upward trend to get us back on track or this will go down in flames.  I agree much better to move up slowly the price but sure price instead that the price moving up faster but it will drop again immediately like what happen last year to now. And I know it will be back on track again just wait and have a long patience. but at this time the prices on the market have not increased slowly at all. precisely what happens the price decreases slowly? changes in bitcoin prices are difficult to predict. prices can go up quickly or rise slowly. but most importantly the price will definitely return to a positive track. just be patient |
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For now it is not really good because bitcoin is not yet adapted by the countries around the world for it has still some issues and the crypto team owners are taking advatnage for now with the bear market pulling put their shares designated for them. Probably the good time for investing is when bitcoin will be like the stock market exchange to be adapted from the countries.
Precisely before being adopted by many people and country the potential of bitcoin to grow is still very large? and before that happens the price of bitcoin is still cheap? for the long term what Tim Drappen says was right. but for the short term. not all the time is right time to purchase |
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BULL SHIT not BULL RUN!
Chill mate  I feel your disappointment but you need to relax. No matter how bad the market is, there will be the time for its bull run. We don't know when, only time can tell. LOL is a form of investor disappointment because in 1 year there were no positive price changes at all. So sad there is only a weakening of prices that occur continuously this year. bull run will definitely happen. but we don't know when. and there are still doubts about it so many of us are still scared and worried |
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I have my doubts, I don't think market will recover this year. I am expecting end of the year rally as people will like to reposition there holdings and move fund around, I'll bet this will create liquidity and volume and possibly mini bull rally!
I also doubt the price will return to pump or rise. whereas there are no positive news or special things upcoming that make bump. so I don't think we will see much different prices until the end of the year |
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Those are two big major good points fiat is needed and crypto to its not like crypto is the main thing required fiat also helps crypto in a way and vice versa
Yeah both have weaknesses with each other. why don't we try to use both. of course it's much better because surely the combination can complement each other and help. when you want to do financial transactions with other people in different countries you can use crypto and when you want to shop around your house you can use fiat. of course it is far more beautiful than using just one currency |
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I think this is majorly affected by how you see or use Bitcoin as a currency or investment. Bitcoin was originally launched as a virtual currency for making payments all over the world. From this point of view I thing price stability will be more desirable as this will encourage the participation of business and merchants in Bitcoin world. This will impart more acceptability to Bitcoin. But from the view point of traders or investors a volatile market would be desirable.
Thats right. from that we will definitely see the answers people will choose to be stable and volatile depending on their interests in using bitcoin. but prices in the market will not be forever stable and not always volatile. I hope there is a new platform so that the use of bitcoin for currencies can be easier. where fluctuations will not be an obstacle for the seller or buyer |
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im starting to doubt that this bull can run this year, but im hoping that next year will be a new start and will shock the world with a stronger market.
If there is something that supports for example many governments in various countries start giving statements to legalize bitcoin, ETFs Approved, and many others. will certainly make demand rise. hope that there is a magic coming at the end of this year The events you mentioned would mostly take place next year. So i think we shouldn't be talking about bull runs for this year anymore because that may just raise false expectations. If it comes it comes, just don't expect it to to save yourself from disapointment. Yeah we shouldn't have big hopes this year because that will only make you disappointed. but little hope is certainly not a problem right? like hoping there was a magical from Christmas? if there is no big thing that can come to wait this year. so this year there is no a significant positive change. Just try to forget your portfolios and then waiting for the next year and this will become the best thing rather than always watch our portfolios are getting down time to the time. You should remember about the bullish trend is actually not happen this year. Yeah it will only make you paranoid. to avoid stupid choices because the market hasn't improved at all. the best choice might be to leave your portfolio until next year or even until 2020 when bitcoin returns halving. there might be a better price |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
One of the best indicator to be used in trading is MACD or Moving Average Convergence and Divergence. I just don't know how it works in cryptocurrency because I saw it is use in Stock Exchange. A lot of things that crypto and stocks have differ. In fact, there are more high volume of trades when it comes in stocks than crypto specially the new coin from exchange. Tare actually many methods of strategy for technical analysis such as using bollinger bands, combination of trendlines and so fort. its use is up to you and in accordance with existing market conditions. the most important thing is to continue to learn about this strategy. then you can be an expert |
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i dont know will you follow or not my strategy but i am following always and its make me happy. When i going to start trading try to keep my mind cool and fresh. I dont trade aggressively and always i keep some portion of my trading amount for adjusting if price fall down.
Thats great because people who allocate funds too much exceed their abilities. of course they will panic when prices drop because they think they will lose too much. therefore in trade managing funds is also very important |
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well yeah this can be move again into red, because there is still have christmas and new year holiday, i think in that period will make some of market will crush again. we know if that would happen like years before christmas many investor will take out they money
if investors didnt want loss their money they have to hold their bitcoin.althoug they need money for their holiday.they could postponed their fun need if want their money recovered. I think financial management is needed for all investors. so that money for daily needs will not be mixed with funds for investment, holding, holidays and so forth. so you can hold back at any time without fear of paying for your daily needs |
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