Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Depends on your experience because trading needs a lot of experience and skills because it is risky and unpredictable meanwhile on the other side Holding is easy and convenient for newcomers. The profit ratio is more high in trading than Holding. |
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I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
$14 is very small amount for trading altcoins, Small investment make small profit and consumes your time too. So wait untill you have atleast 100$ so you can trade altcoins more better. |
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I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat. I bought into the same mentality for a long time, but I'm changing my tune. In almost every industry, first generation leaders are replaced by competition. From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc. Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability. What do you think? Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
Bitcoin is best for long term investment because Btc is less risky then other altcoins and the prices of Btc are also high, "Invest more earn more". |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
Obviously it is a technical field and it deals with computers and other electronic devices and other than this it is all in English so an uneducated person can't perform that good. |
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Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Personally, I'm fairly satisfied with my investments/decisions so far but yet I'm looking for market opportunities most of the time. I think that's mainly because of the fact that majority of my time browsing the internet I watch related content. I'm passionate quite passionate about it.
Over time it kinda makes me feel depressed that I don't make as much as I possibly could or others have better scores (some unhealthy jealousy I guess?), so this "paper-chasing" has become a target itself.
When I want to take a break from all this stuff for let's say a month or week at least then I'm not able to because I'm afraid that I will miss out on something.
On the one hand, I have made investments in projects I believe in so I could leave it for few months even and then back but at the other hand, I'm still not quite sure about my diversification so I keep watching the market.
Can anyone relate?
Yes it is an addiction but it's pretty fair to invest your time in something that can make your lifestyle better, Rather then wasting your time on Facebook, Instagram or movies. |
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Hello guys, I see that many traders are afraid of risk, and they always want a guaranteed profit, but unfortunately, this gain is always a little in value.
And in many threads, they always ask about "how to make a safe method in trading".
For me, the risk is essential in every field ( especially in trading) to win a lot of money. Furthermore, when you are afraid, then you will never achieve what you want.
Many businessmen/women (billionaires) and successful traders become rich because they take risks.
Come on , overcome the fear, make a risk , we will only live once.
Now the market in crisis, you must take advantage of this opportunity, your life may will change for the better.
This quote is very expressing :
"If you want it, go for it. Take a risk. Don't always play it safe or you'll die wondering"
-Ms.KG
What do you think guys?
Risk is the main factor of trading, like you have to be ready for every situation "Do or die". But the main thing is to keep the emotions in your control so that they should not effect in your next steps. |
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I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
No doubt that the current situation of market is disappointing but we should not lose hope for trade, Prices go up & down with a blink of an eye, Its time to hold our assets or if you really want to trade then do it for long term. |
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People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game. Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time. Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site (contains also tips on trading) BUY THE RUMOURS. SELL THE NEWS (not literally)When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT. News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump. Believe me, I did that and it really works. Prevents deficits and prevents loss of investment. Just set your goals in initial stage then be calm down with patience & hold your assets as long as they give suitable profit, No matter how much hurdles do come in your way or how much you suffer! Never give up, and when you think that you are in the reality of your dreams then press the Exit button  |
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how to trade the good and right so that we do not lose? Can anyone advise to me on a trusted site? For seniors please guidance ... "No pain No gain" If you are a newbie and want to be a successful trader then you have to be ready for the both sweet and bitter experiences in trading & those experiences will give you motivation to do more. |
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Crypto market is way too volatile I won’t recommend you a day trade untill unless u are mature enough to understand and read the market behaviour. Day trading is for those who can sit 24/7 to make a good money whilst hold is for long term to make big profits. |
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What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
In the top ten list of coins all the game depends upon the demand, More the people want! Then price will also touch the peaks, it's all about usage. But the cheap altcoins are totally unpredictable. Their values change in minutes. |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
The success of a unsound or uneducated person with luck & fate is applied in rest of the businesses in the world except trading and cryptoworld because it is totally digital & electronic, No one can do it properly without any skills and knowledge and some good English is also required. So according to me the education is necessary in trading otherwise you have to depend on a educated employe. |
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All of the cryptocurrencies have a bright future because they are growing too fast and people are going to use them as a digital form of basic currency. So never judge the future price & value from the current condition, Cryptoworld is totally unpredictable. |
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I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?
In trading the key points to success are patience and holding, Cryptoworld is full of risks and nobody can ever reach on its peaks without experiencing the losses.. So in a sitution of crisis you should just hold your assets and wait for the right time with patience. |
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I want to learn how to do binary trades on SecondsTrade. Is it really possible to make high profit easily?
Or it's very risk and dangerous?
It could be really risky for newcomers or unskilled persons because binary trading is another name of gambling, To do binary trade you should must have extraordinary trading skills to predict the market prices & values. |
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I have got a few spare bitcoins.Please suggest a trustworthy site where I can invest them for some profit.
Bro it's thousand times better to hold your Btc in your paper wallet rather than investing it in a trustless or scam platform. Bitcoin itself is your asset or investment. |
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how to trade the good and right so that we do not lose? Can anyone advise to me on a trusted site? For seniors please guidance ... First observe the cryptomarket and analyse the prices of coins and choose a good coin then be patient for the good time and Don't panic if you get loses just control your emotions and don't let your defeat to effect on your trade. |
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Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
Don't invest all of your amount in trading I will suggest you to start with 150$ now and when u think that you are a skilled trader then go ahead. They are a lot of forums & websites which you can search on Google for free trading tips & YouTube is also a good option for you. |
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Don't quit trading if it's not working well then just hold and wait for the right time, Never give up and always remember that patience is the key to success in trading. Best of luck  |
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I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill. It makes me wonder, why don't you guys just trade real forex? You can open micro accounts with as little as $25. You get security far better than these shady exchanges. You get real customer service with a real business that won't disappear and leave you only an email address to cry to. You get real trading platforms with reliable data, not some ghetto hack stuff. You get plenty of liquidity, which allows of smooth trading. And, best of all, you don't have to worry whether it's legal or not! Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.
So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
I had forex experience and believe me when the pip goes against your predictions you left with zero balance. Crypto is far better than forex atleast if the asset drops its value it wont go to zero crypto is all about matter of time buy and hold and exchanges are trustworthy too |
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