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I admit had fallen on coins which I thought to be having huge potentials despite of bitcoin's downturn. Though we're having fears and struggles, that doesn't stop us from growing continuously. Don't let our circumstances become a resistance of every goals that we're about to finish, think about your failures and make it as your strength because knowledge in trading will definitely give you strong foundation.
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My advice for everyone of who read any typical news announcements or whatsoever said unbelievable things just to hype a cryptocurrency, be extra careful. Don't easily ride on their tactics because it might corrupt your mindset. Sometimes it could change our idealism and won't give us good results if we're rushing out to believe their promises. After that news, is there any market progress happening? I guess there wasn't yet. |
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Indeed bitcoin price falls at worst, but it did make learn more ways to battle emotions specially in times of failures. Though we badly needed money for our daily needs, and yet sacrificed all important expenses like celebrations and other enjoyable stuff in life. Our motivations kept us more eager to pursue every dreams for the future of bitcoin and other altcoins who've been part of our journey as a trader.
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Most of the market's revenue is completed in a short period of time. Most of the time it is horizontal. The sideways market is actually the best time to stock up. Normally, at the end of a sideways market, you will always feel that the window period is too short. Short positions are very dangerous because they are really easy to miss. Be able to hold Bitcoin firmly, trade on the left, do not bet on trends, and do not choose timing. Hold the currency firmly.
That very important to choose long term instead of taking risk with day trading, because you can't be sure on your profit during market fluctuations. On downfalls, you should keep your coins safe and don't ever dump it quickly when there's a chance for bigger pumps. Sometimes, it's good to accumulate your asset when price goes down but don't risk everything and just buy using small percentage. |
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This price is always possible to reach for eth, the progress is technically growing these days and there's no way to stop it. Even though more negative speculations that tried to hinder all those things that made eth greater than before.
Let's look for other possible factors that could help erc20 soar once again, and potentially ride with bitcoin's second waves of ATH.
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I have some XRP and TRX in my trust wallet and i want to farm then in pancakeswap.
I can't find how to make them bep-20 tokens. Any help?
It's hard to think about farming using pancakeswap, maybe your pertaining about having futures trading. I can't recommend you on that exchange site because I never heard that kind of strategy myself. Maybe you can try at binance exchange, there's a lot of ways to learn about trading instead of other ways to generate other passive income. |
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I don't really think so if this FUD news would come to a point that it brings a strong impact to cryptocurrency. Mexico isn't that progressive in terms of economy, so their people will always finds ways to adopt cryptocurrency whether their government like it or not. On China's side, I believed that in the future everything would be fixed and pushing their own currency will not result to worldwide adoption so their option is to go back with Bitcoin. |
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1. Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency.
2. Ethereum (ETH) Ethereum is different from Bitcoin because it isn't only a cryptocurrency.
3. Binance Coin
4. Cardano
5. Polkadot (DOT)
6. Ripple (XRP)
7. Litecoin
8. Tron (TRX)
9. Polygon (MATIC)
10. WazirX (WRX)
My fist pick to choose for is btc which I believed to be worth valuable to acquire the most promising price in the future. I would include here the following coins that is potentially having a strong competition to be following btc's milestone. Let me recommend eth, bnb and xrp to be added on my selections so one day I'll be able to take their respective profit, I'm skipping those other choice of yours because I haven't yet review their backgrounds. |
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At present many new tokens added coinmarketcap. How I find a good and valuable token. I am afraid to buy a new token to see my family background. Can I continue trading or stop immediately or find a better altcoin. Please give me a suggestion. I want to earn more money for a better future.
Please don't waste time for those non profitable coins on exchange nowadays, I would love to suggest you xrp and bnb. These coins has the biggest potential someday, it could be second to eth or even higher. People, tend fo educate themselves everytime the trend burst out and begun to become famous. So the situation depends only on one trigger point, that why we needed our asset to be ready for long term holdings. |
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He's just shilling and if you miss it and hop in late you'd be reck the later on when it gets no effect. Everytime Elon tweets, these people think it was connected to something and since they think it was connected to something they make some connections of some coins/tokens. He's tweet sounds like arf arf arff and not baby doge.
Sounds funny to think mate, this guy has no word of honor in the first place. At first I thought he used to be believable, but I failed many times for doge or whatsoever baby doge we used to call it. What I am about to see here now was really a crap statements coming from him, or I just wonder if it's really him who made some shills or his anonymous supporters? Hmmn? Was it possible? |
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Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
Indeed, the popularity of these coins has all the potential for market strong competition. However, it takes a lot of years to mature and establish higher demands to cater or orders just to make it higher. Not only with india but also for other bigger countries with having such top growing economy. |
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Just curious, do any of you set stop losses and recollect again later? Or do you just HODL regardless of what the dip is.
I didn't have to set it up, because I lost already regardless of bear or bull market. All I need to do as of now is to hodle in order to survive and take my gains for future market recovery. When you're taking chances aggressively, you won't sustain once trading pressures happened unexpectedly. |
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Altcoins will never be strong as Bitcoin soars amazingly from previous bull market. It will only be in accordance with highest market pairing, so it will only follow based in how the market trend goes. Sometimes it will have a strong hype but only at temporary situation and eventually crash so fast when bear market comes. It's always certain to invest with bitcoin after getting your profit from altcoins.
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Okay so people keep saying holding is more important and things like its better because if you hold, you pay less in taxes because of long term capital gains as oppose to short term which makes sense.
However, what if the crypto or stock increases like 50% or even double in a few days time or weeks time etc? Yea so you are paying a lot in taxes if you trade... but if you wait for a year or longer, now you could have no gains or just 5% gain. Whereas you trade for a few days and make 50%... sure you pay a lot in short term capital gains... but if after a year, the gain is only 5%, well you made more trading than holding.
Thoughts on this for trading whether crypto or stocks? Doesn't it make a ton of sense to daytrade crypto since you could make a lot in roi where even if you daytrade, well paying the taxes in short term gains would earn you lot more money than holding it long term when the gains could be completely gone by then? Or if there are gains, well you might get just a 5% gain and long term and pay long term capital gains... but if its short term and 50% or even double that... well the amount you keep after taxes is much more than that 5% long term gain? Of course ideal situation is big percentage gain and long term gain but of course that is hard.
Thinking about long term trading is only good for established cryptocurrency, but it's too bad for those who have no proper community support. Just like the shitcoins of 2017 and 2018, it felt so devasting if I'm going to recall the past. How I wish I was a day trader that time, and never been fooled by several analysis that has no assurance to prosper. All those failures has ruined all good plans I had, but that also made me become much motivated. |
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I'll follow those important advice that you gave, but if you avoid crypto twitter or any other social media platforms I don't think it's a good idea. We need them to keep updated despite of bearish market that's getting worst day by day. Though we have no assurance for the coins that we're holding nowadays, but don't give up because we will be harvesting our profit when the price reaches so high once bullrun comes.
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Hi there. Well, Shiba inundated going up and many people are waiting to hit .1.
I was thinking what about the rest of into coins, will they climb up. I checked their market supply its lower than Shiba.
It will climb up in perfect time, but for now let's think about long term goals just to make it more precise. Shiba or other coins needs to grow their respective communities in order to develop certain value, and influence more people. This is very important for everyone who still trusted altcoins despite of having no assurance, because of bear market. |
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I was following vulcan forge project it reach 6$ Ath last april 30 2021 and now the price is 1.9$ the product is good and the developement is so fast i plan to buy a few amount of token for long term holding. Is it posible that pyr token will reach 6$,8$,10$ or above?
Are you holding a token of this right now? I'm just curious of your seeking for advice, and if you're having this token now then keep it and don't waste it for no purpose mate. Long term holding should be practiced, because for now we haven't yet see btc soars back. So for new projects, it's still dependent with the huge btc market in order to become successful in the future. |
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Madami ang mga kuro-kuro sa ngyaring pagbaba ng halaga ni BTC na once bumaba ito ay damay lahat ng alt coins ng dahil sa naging correction market price.
Ano sa tingin nyo mga kabayan. posible kaya na humataw ulit ito ng mas mataas pa sa price last year ?
Sarap mamili habang nasa mababa pa ang price at hintayin ulit ang pagtaas nito to the moon ika nga.
Maaga palang ang taon na 2021, marami nang speculations na nangyayari ito kaso lang mahirap magsalita ng tapos. Kung titingnan mo ang nangyayari sa market ng crypto ngayun ay mahirap sabihin na ito ay talagang maaabot natin. Dahil nahihirapan na umangat ang presyo ng bitcoin, gawa na rin siguro ng takot ng iba kaya karamihan ay nagbebentahan ng kanilang holdings. Kung mataas ang iyong pasensya, ay kailangan mong tumagal kahit mahirap. |
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What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what? Yeah it's showing signs of going up and most coins begun to have green indications. However, it had stopped and stabilized at $34k today though there's an attempt of btc going to $35k and up but still the resistance was too strong. Don't be too excited on this part, bulls isn't back yet, we still need to observe the market. |
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I read from a twitter thread and from some blog that we should took trade by risking 3-5 % of our capital per trade. So you can protect your ccapital.
But in Cryptocurrency Market i realized that when btc pump or dump 95% alts gona dump, So i can maintain this Risk mananegemnt to protect my capital.
Please any suggestions...😊
Thank You So Much...🙂♥️
In protection to your capital, you should have a smart decision in times of 100% pump for btc. Don't wait for another bounce because there's always a sad reality that altcoins pump was just temporary and not sustainable. When you see your money is at risk then don't wait for another lucky increase, eventually you'll realize that crash is starting to dominate. |
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