The trading word itself represents the risk. So no matter how much experience you have or how good is your mentor you will have every chance to lose. This safe trading word doesn't exist. If you are trading any asset whose value depends on various external and internal factors which you can't control you will never be safe. The thing which matter is you should always be in overall profit no matter how you trade, what you trade... <a href=" https://www.bestbitcoinexchangeguide.com" rel="bitcoinexchangeguide"></a> You concept is wrong, safe trading means following the rules, like to selling and holding at the right time in order to earn profit or if you are not good in trading then you can invest a coin which is good for long term investment, in this way your coins will be much more safer and has the chance to grow even more in the market. |
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I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
I believe that the price of bitcoins decreased due to some fud that has been spreading through different countries, bitcoins will not easily decrease its prices but it was fine because soon as it falls, it will still recover due to different investors in the market who are interested on holding the coin for a long time. |
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Thanks for the forecast, it was a nice read. Frankly speaking, I guess there are a number of pricing opinions around, but no one can really predict the market. Crypto is highly unpredictable, bitcoin might go to $100k or even $3k by end of the year. Let’s hope for the best.
Everyone has their own opinion on what will be the outcome on the prices of cryptocurrency before the year ends, but those who are thinking about it in a negative way will just be disappointed because the market price will obviously grow after a few months. |
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They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
It does not matter how much you spend on the market to trade because if you cannot control your emotions like selling your coins due to panicking then you will lose a huge amount of profit, you can always use your experience in order to improve your trading skills. |
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Trader and drops of water
When you really enter the crypto market, you can not avoid the trade crypto. So you also need the skills of a trader whether you are a holder or not.
Make profits like drops of water:
- Patience: This is the virtue of a good trader. You must looking for reasons not to enter orders instead of always wanting to make a profit.
- Earn 1-2% profit per transaction. why not? Always set a goal of just a few percent. It's like water droplets, let's imagine the droplets flowing, it will be full.
- You do not have to enter orders every day, every hour. Find the best entry point when all the signals you have overlap. Always avoid to lose before you earn profits.
This is not exactly advice, just the experience I experienced. Thanks for reading
Patience is the most important thing in the market because some of the professional traders as well are losing a huge amount of profit whenever they cannot handle the pressure of looking at their coins which is decreasing depending on the situation in the market. |
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
Trading will be only fun if you are earning a huge amount of profit because the situation is on your side but when the time comes that the price is dumping then you will soon realize that it was very hard to keep up your patience depending on how much coin you are holding. |
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I will make a record of all my mistakes that make me very loss and as much as possible I do not repeat the same mistake. before I will do when I lose enough money then I will reflect and will correct myself
Yes you are right, do not do the same thing again, your experience is the best way to learn how to trade in the market in the right way and that is the reason today why most of the traders are losing a huge amount of profit, because they are not very knowledgeable about how the market works. |
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Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
The price of bitcoins today is decent enough to invest because the market is dumping and it was a good sign for every people who are interested on cryptocurrency to invest because soon the market prices might pump up again. |
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if you are just a newbie in here, the bets thing that you can do is just to try to avoid having too much feelings while trading, and try to avoid being a greedy guy
Yes that is one way to control the emotional factor while trading. Adding about the skills, I would say a newbie should be well versed about the technology he/she wants to invest in and the market situation by which I mean to say he/she should have the perfect market knowledge. Also some knowledge about economics and finance would not be bad either. Initially, a beginner needs to learn enough information to understand what exactly he wants to do. in any case, at the same time as theory, you need to engage in practical activities, but this requires a small start-up capital. I believe that beginner's should understand how the system in the market work's like buy when the market price is low and sell it again when it increases, with this simple rules, anyone can be very rich if they are patient enough on the different situations in the market. |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
You can invest on credit coins today because the project is successful that it skyrocket on the market and reach $1 dollar value, i believe that the price will increase even more in december just like what happened last year because there are more investors today more than last year due to the popularity of bitcoins. |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
There is no minimum coin to begin trading, you can always invest a decent amount and start trading in the market because the profit you will earn is depending on how good is your patience on holding your coin since the market is volatile. |
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
Trading is not a skill because everyone has the capability of studying the situation before investing or sell their coins in order to earn more profit in the future, there will be no luck because the prices is depending on the supply and demand of the market. |
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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?
Yes, every trader in the market who are earning a huge amount of profit are very well educated on the current situation of cryptocurrency in the industry and that is the reason why they are successful on trading because they knew the pros and cons before joining the market. |
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I am going very bad phase.I need my money for my personal reasons.So can I withdraw my some of my investment.
Everything in the market is going red and red day by day. Everything has already reduced more than 100 % .So there is any chance to increase in the market within 15 days.
I can wait only for 15 days.
Should I wait for 15 days or withdraw instantly.
The market today is having a hard time to grow up, before you invest a huge amount, you should already anticipate that the market prices today will be going to this point that it will drop because of the markets volatility, just wait for the price again to grow up in order to avoid losing even more of your coins. |
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My post count started at 524 and now it was 544 but i did not manage to get my stake ? , i was in line 60 on signature campaign please recheck my post, thanks in advance.
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According to you . if in the current time, what do you do when bitcoin decreases current price? do you sell or hold and buy bitcoin again?
and do you think that bitcoin prices will rise in the near future? give your opinion and your reasons whether bitcoin will rise or even drop drastically?
The best thing to do today is just to hold your coin in order to avoid losing a huge amount of profit since the market price is decreasing, but eventually the price will still grow because most of the traders knew that dumping of prices is not a bad thing but it allows other people to have a chance to invest while the price is decreasing like today. |
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More and more airdrop is a lie, I do not recommend participation in airdrop, because there are at most a few 100 airdrop quality, so I think it should not be a waste of time.
Air drops are just fine if it will be a scam because it was just a free coin that has been distributed for those people who want to sport an ico and that is the reason i prefer focusing on working in bounty campaigns more than looking for an airdrop. |
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I have heard from many people that there are many people to leave the cryptocurrency.
Is that right?
If yes then what are the reason behind on it?
If no then why people spreading that kind of news regarding cryptocurrency?
Its fine if they leave cryptocurrency because it only means that this people are not well knowledgeable about bitcoins, the price of cryptocurrency will always decrease depending on the season so we should always expect the volatility of the market because this is also the way of a trader to earn more profit. |
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Are you picky with ICOs?
Everyone should be always picky with the ico's, not every ico can manage to become successful in the future because the coins has their own platform and for that reason, we should always look at the project critically before deciding to participate on the campaign or invest on their coin. |
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Collapse definition: Market Cap less than 150 Billion
Yes or No
I say YES
I didn’t want to say yes but there is not much light in the tunnel.
Market will not collapes, the prices of cryptocurrency today might decreasing but still there will be always new investors who are going to invest on the market and the demand will keep on increasing and that is when the price will go up again. |
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