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I think it would be difficult if we asked someone to teach us to trade online (although sometimes there are some who do it smoothly). But it will be easier for us to find friends directly who already understand about trading so we can ask or share freely.
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I think a lot of investors are withdrawing because at first they have already made a profit and made market prices begin to fall and that has triggered other investors until the panic in the market occurs like now. And to lure investors back we need a lot of new funds coming into crypto.
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That's right, I have read the article that you provided and I also have that the price will continue to go up and down in an indeterminate time.
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There is always a risk in investing, especially in crypto. I also saw many people complaining about the length of the bear market this time, but no one knew when the next bullrun would arrive.
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You can start your investment in a few coins that have high trading volume, maybe you can see in the top 5 coinmarketcap. I personally like Ethereum and Ripple, maybe you can do some research on them.
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In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading. 1.Don't trade based on your emotions,just concentrate on FOMO and FUD. 2.Only risk the amount which can be affordable for you or just don't enter into that trade. 3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent. 4.Don't day trade only if you don't understand it. More points about mistakes need to avoid are welcomed here for the newbie to learn.  Besides that I think we should choose an exchange with high trading volume and also have many types of altcoins for us to choose for day trading. |
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Hey!
So, here is the deal:
Some of my friends tell me Cryptopia is a solid exchange to trade on. Especially for the smaller coins (not in the top 300),
But, some other friends absolutely hate Cryptopia, they say the UI sucks and it even has scam coins on them.
Both of them have a point, I know the UI isn't the best, but i also know it's good to trade smaller coins on.
I'm wondering, have you ever used this exchange and if yes, would you recommend it?
Looking forward to see some of your replies!
> Netcre
I think the exchange of cryptopia is a good exchange. I say that because I used it and did not experience problems when trading and the good side of cryptopia is having a large trading volume and also many types of altcoins that we can choose to trade. |
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I think this bear market has been going on for a long time and could be the longest, however no one knows how to end this because the rise and fall of the market will be influenced by demand and supply which are also supported by factors such as news and competition.
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it's clear that bitcoin and gold can't be a fair comparison because they really have different traits and have different paths.
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The main reason why bitcoin prices continue to decline is because there are already many investors who are starting to withdraw because they feel pessimistic about the market situation. And to restore this decline is very much needed by many large investors who start investing in crypto with good faith.
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everyone has believed in bitcoin, indeed the price of bitcoin is now starting to make trust start to run down and there have been many who are starting to give up.
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I am still trying to be heartened and more patient, and I do not believe that crypto will remain like this, there will be a recovery and even though it is very slow I will remain patient.
That is what everyone has expected, that there will be an increase in the market. But if we are not patient and not optimistic in the future, there will never be a good change in the future. |
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I will not say that your prediction is wrong, but if you have predicted it might just be a coincidence. Because what I know is the condition of future price fluctuations in the market, no one will ever know.
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maybe the increase will happen, but we don't expect too much because we know that market conditions move beyond what we have expected. Keep always having a mature plan to still be able to stabilize your funds before the increase actually comes.
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absolutely right there are even alt that have almost no future and will soon die. It is indeed difficult for us to be able to take advantage of market conditions like this, but there must be a way to be able to recover all the losses that have been experienced.
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Is it a bad time that i joined now , recently here in cryptoworld? When i visit to market, all i can see is red graph
don't get discouraged of what you are seeing right now in crypto. As long as there are movements in the market, it is still a good sign that the industry is thriving and existing. It is just passing a cycle that happened many times in the past but recovers each time with a bigger and better development as before. That's right, I also feel that this decline will recover but we have to do it now is wait and be patient. Indeed, there are no references that we can rely on to increase the market, but now the market is really in need of support from all of us. |
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2.Only risk the amount which can be affordable for you or just don't enter into that trade.
I strongly agree with this point, nowadays there are so many people who view crypto as a quick way to get rich and they immediately trade or invest blindly by using all the money they have without prior experience and analysis and what they get when the market downhill is just loss and regret. So if we use the money we can afford or what we can afford to lose we will be able to trade more calmly and without panic. |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be?  ?? please comment Profit and loss in trading is a natural thing and must have been experienced by all traders, but to minimize it we need the right analysis before making a decision and one of the most important things for me in trading is experience. |
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The safest way to save your funds is in an offline wallet, but if you are a merchant, it seems that I would suggest binance. Apart from having good security, binance is also a convenient place to trade because it has a large trading volume and provides many types of altcoins.
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there are so many kinds of new coins that have sprung up with their respective goals and there are many of them who are able to be well received in the market. and With the arrival of these new coins, the traders have broad options to be able to trade with various types of coins, but we must be more aware of new coins because sometimes they will also lead us to defeat.
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