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Vice versa, in my opinion it is easier to trade in such bear market. Am I wrong? How you gonna trade in a bull market? In a bull market you need to hold. But in general, if you do not know how to trade better don't do it. It's very risky.
Just sit and see the chart research when will market will go up and focus on your trade.You're not alone who is facing this panic. Yeah of course it is very risky and earning money from trading is this bearish market is much difficult. I also suggest that only well experienced traders should take this risk. New investors should not try trading in this situation. My strategy is to hold my coins in such situations but regularly observe the market every moment. When there is little bit chance I try to cash this opportunity. |
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everyone will be motivated by people, everyone has the right to have a lot of money, I will try to get as much money as I can, I make money only in the bitcoin forum
I think people are very much motivated by money and this is the reason so many of them invest in cryptocurrency to make big money in small time. This thirst for money has actually led people do many illegal activities as well which amounts to billions of dollars. Investment in Bitcoin is also a potential way to earn big money. So more and more people come up with their master plans and end up making as many shots as possible for ultimately this meets the assumption of monotonicity. No it is wrong, money is everything in life. People definitely motivate people, but if there is no money involve nobody will take interest and he will not motivate if there are no financial benefits. It is money that can overcome your financial problems. Everybody in this world is working for making more and more money. No body works for free. |
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If you cannot control your emotions while trading then you will be in loss. So always try to learn the market when it is going down and when the price is increasing. Otherwise, stay away from the market in order to control your emotions.
Most of the traders were loosing lots of money because of their emotions that tend to fail. If they're not acquiring good knowledge then they're prone to panic, and if that happens with them? Situation got worst and regrets will fall after wrong decisions takes place because of trading losses. If you are emotional I suggest not trading in cryptocurrency. You should never invest your money in any field. You must start a regular job. When you realize that now I can control my emotions then you can join cryptocurrency trading. One wrong decision will take your money and you will be disappointed with this market for the rest of your life. |
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Well, it may come down faster than that, we are seeing good support for XRP in the market but its hard to get pumped like a normal coin because of its huge market cap. If the BTC market starts uptrend then we may see more green bars to all of the top cryptos.
That is usually the thing about a pumped market, although for now we have seen it retracing but as long as I am selling at a very good price, I would say the best thing is to leave before it gets quickly dumped. However, there is nothing bad in trying to take part in the pieces of the falling market at the moment, considering there is still more room to grow and also for the fact that we have only just experienced the first leg, so, I guess we will wait to see what the second leg ends up bringing as the case may be. There is no need to be confused as an investor, just follow the trend and you will be fine while knowing that as long as you have made something substantial, just get out! |
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All are know the price of bitcoin will have tremendous growrh in future. So many now holding bitcoin for long term for the price to increase very high. Holding long term investment will give more benefits than you invest. Now many people are ready to invest in bitcoin that means buy bitcoin at low price and hold it for future.
That actually just sums it up. Why focus on now being an issue when you should be focused on the long term coming with great benefit. The fact that so many people get frustrated with the downward movement of the market, has made them to lose track of what they should really be doing normally to get the best of the market. Since they have already allowed emotions to rule them, they tend to always forget that, the best time in the market to always buy is the dip, and this simply is a reason why a lot of people get into FOMO a lot as they tend not to take advantage of the market when it brings them certain things. |
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It's a great idea to stop playing when you understand the dependence on this. We don't have to forget about real life and our ambitions we have in it. Gambling should be aimed at fun and not at how people can make money. It is not a source of money for someone going to the casino in a blue moon. Leaving aside professional poker players those who gamble just do it out of greed. They want to make some quick cash and thus they are visiting the site. Obviously their real life and its conditions are much more important than that. We have to accept it like that and not allow gambling to become an addiction. Becoming dependent on the site is a sign that addiction is starting to set in. That must be stopped before it becomes a full-blown addiction. I wonder why that fun aspect of gambling is so hard for some people to wrap their minds and head around. This is why it will always be very hard for some people to see taking a break from gambling as something that is impossible to do because they are so engrossed in whatever they want to believe in. What the OP did is simply an attribute of someone who is in control, but indeed I was not surprised when some people started taking it the wrong way. |
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What is happening now with the market. of course, it is clear that the market is cyclical, and will move like a roller coaster up and down. But even judging by the charts, the market is behaving strangely. The reason?
The market is not behaving strangely and it is behaving just like any other market such as Forex, or stocks. It is a market and there will always be fluctuations. For the moment, the bulls and the bears are trying to see who will end up taking a hold of the market, and in such situations, there is always uncertainty in the market and during this period, traders always find it hard to be trading due to the level of risk at that point. So, the only thing is to be patient to see which direction the market will tend towards. |
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One more thing is FOMO when the price bull run and panic sell when the price on the bottom. FOMO is natural emotion and all newbies did it and finally they loss money, but learn from the pass we can avoid FOMO and make better investment strategy.
FOMO is normal for someone who simply does not know much about how to really be trading the market and all they are always busy looking for is a moving train or a crashing plane. This is the reason so many new traders always end up losing a lot of money just because they could not get all the knowledge they need on their own to be able to do it right and anyone who skips that part will never get anything good from trading except for them to lose all their funds in the process. The biggest mistake for a beginner in cryptocurrencies is not paying attention, lack or knowledge about when to buy and when to sell. and not applying paternity after buying it. That lack of knowledge is actually the main problem of majority of traders, most especially in this market. The same thing has happened in stocks and Forex in the past with people hearing that you can make a lot of money by trading the markets and before you know it, people started jumping into the market and expecting some quick returns without learning, and before you know it which is even a leverage market, they end up losing everything. |
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The prediction about the dip was pretty accurate. At the time, I expected that to happen as well, even though some people within the market thought that it was going to be a long term trend reversal. I probably disagree with the prediction regarding the rebound, however. Personally, it's more likely at this point to see prices continue to dip until a new bottom is found or $6k support is tested again, compared to prices going straight up "to the moon". With such bearish sentiments still remaining in the market, it's almost impossible for a bull market to emerge at this stage. Expect sideways movements and small corrections in the next few months. Yeah! And so far so good, we have traded below the $6500 region for some days now and I certainly believe that an bounce from here at all would likely be a short term bounce as long as we are still below the trend line and based on the falling wedge, the chances of the market going a little bit lower than where we are presently is kind of certain, but we will get to see over time. Any break below $5860 should definitely be sending us quickly to as low as $5k or a bit lower. |
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I am not agree with the fact that gambling is a business or profession. It do not require any basic knowledge or education
Gambling and luck based games relate to statistics and probability which is a form of mathematics going back hundreds of years. I studied it in college, its definitely a valid logically built business style. It might not be how people play it but a business can certainly stop to analyse and structure their regular games to feature games that are profitable while also giving a chance to win far larger amounts then the stakes given by customers. A simple lottery is very commonly operated by many local governments as its quite predictable and seen as a social activity, the other more varied games relate similarly Seriously? You learn gambling in campus, maybe your country does legalize casino gambling or anything else maybe? If that is the case then there is indeed a point if there is a section for analyzing in gambling and it is indeed related to math-related calculations, but not all countries legalize gambling and not all campuses have a gambling curriculum. But by having a lot of friends in gambling, I can also conclude if the gambling is indeed enough to be an additional income if they consistently win gambling and I have many friends like that, so gambling is not entirely detrimental, because there are still many people who take advantage of gambling, so gambling can be said to be a profession and business too. Unless maybe to have some strategy to help you prolong your game by putting into check some form of probability and using that to gamble, I really do not see how this would in any way help anyone when it comes to gambling, Irrespective of your knowledge in mathematics or whatever, it still all balls down to luck and for what I can see so far, a lot of people who tend to rely on something to favor them in gambling are the ones who usually end up as an addict quickly. |
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no one knows how the future of bitcoin will be at the end of the year.
which I know for sure bitcoin will continue to increase every year maybe $ 25k at the end of the year the maximum limit of bitcoin prices.
No one may know but there are some value that those who have an idea of the way market can be will know it is impossible. $50k at the end of the year is something that is very impossible unless we are able to see something’s in the market that could actually bring about some craziness in terms of adoption, everyone all over the world trying to get in and be a part of the show early, and so on and so forth, but unless we want to deceive ourselves, this is something that we would hardly be able to see this year. |
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Bitcoin will have problems with securing network way before all Bitcoins get mined. Most likely before mid of this century. How that will get tackle no one knows. Monero have great solution for it with tail emission that will kick in in 2023. So plenty of time for Bitcoin to see if Monero tail emission is bringing results and is also suitable for Bitcoin.
Most probably you have forgot about the TX fees. In some assumptions, after ~100 years (or before the last bitcoin will be mined out), the total TX fees will be included into one block may sum-up into more than 50 BTC also (which is the original block reward). Then, why miners will go away and how bitcoin network will be unsecured ? |
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