I also have one good advice for every trader who can't trade with profit, it is to become an investor. Just admit that trading takes your money and you turn into a regular ludomaniac. Conquer your weakness, invest for a long-term in worthy projects, and devote your free time to useful things.
That’s good advice but don’t you think that trading also has so many profits for you but you only need to deal with trading carefully and also try to find it reliable for you. Don’t be rush to get rich with trading and try to learn to trade properly so you will find it easier the same as investing your money as trading is good to try for the long term in the beginning. |
|
|
|
can't choose one because it's obvious I'm currently holding bitcoin and altcoin. and the answers of the people here also definitely choose to do both. okay, cheap altcoin can be bought in large quantities but if bitcoin continues to fall, it is useless to hold altcoin. it's safer to hold bitcoin but it will definitely feel something is lacking to hold, so buy altcoin to hold. if you can trade, it is better than doing long term hold.
All successful traders or crypto holders are seen utilizing both altcoins and bitcoin in order not to miss any opportunity of making good money. there is no doubt that bitcoin is the leading force and altcoins follow its trends but altcoins are good for day trading and making small profits on daily basis whereas bitcoin is used for collecting large money after some good time of holding. We should have both as bitcoin is important and altcoins are also having strong place in our life. So we should have both altcoins are good for us and bitcoins are best for an unconditional increase in price so try to have both in the portfolio but the only altcoins I like the most are ETH and Ripple as they are good and have powerful market value. |
|
|
|
It's obvious that investing in the cryptocurrency world is in need of trust and science.
If we have no knowledge of any of the coins that we are interested in for our definite investment will be carried away emotionally when the price is down and the result is certainly we will hurry to sell it.
But it can be prevented if we have the knowledge and belief that the coin in the future will have a fantastic price.
just having faith doesn't seem enough, if you invest in a project for a long term, I think you will panic if the price of the coin continues to fall, many projects like that, for example waves, npxs, and dent It's really not enough, if 'faith is only the solution to every problem, then we will just wish and wish and pray then for sure that there is no rich or poor people now, so we should not tell this to people, we should ACT always and work for our dream, let's dream little by little and focus on it as we cannot achieve something if we don't exert our effort and won't focus on it. Faith is not the major ingredient for achieving your dreams rather it is needed when you are working hard to achieve your dreams. Your stance of dreaming little at first and then gradually start dreaming about big things is something that is followed by everyone who wants to be a successful person. Besides this I strongly believe that one needs to work hard and put all efforts in order to stand out of the crowd. Yes we should have given self-control and not be so greedy for getting rich. We should invest with patience and store for selling later. As an investor, We should be aware of to sell and time to buy as the best time, for now, is to buy bitcoin and you should be patient enough to store your coin until it pumps up again. Let’s see when we see the next pump but never think about panic being a wise investor. |
|
|
|
Before investing in a coin, we should know clearly the background of the coin, especially for new coins.. it would be nice if discussing first with other crypto-enthusiasts, usually they will give us some advice. But I personally prefer investing in popular coins like bitcoin and ethereum compared to new coins.
In any case, it is very difficult to determine the prospects of a particular coin yourself in order to make a choice for a profitable investment. You need to constantly study the information and tips of other cryptocurrency users. But you also need to pay attention to the idea of the project itself and its prospects in the future, because only the most popular project in society will have all chances for practical use, and this increases the chances of good coin pricing in the future. If you think that you wanted to invest then choose the most profitable coin like bitcoin it’s worth investing. You should check either the coin is having potential or not and if there are so many of that coin. Instead of all those coins, I think we should choose only Bitcoin and ETH to buy with our money and store longer so you will be able to sell it double after a few years. |
|
|
|
Yes, I can stop gambling at any time. I can start the game again. Because I'm not addicted to gambling. And there is no reason to be addicted. Because gambling is only a sport. So I think that one should not be addicted to gambling. Because addiction has the potential to cause financial loss. So I can control myself. If I wish I would gamble. It's not just that you have to gamble everyday.
Thanks.
We are experiencing the same thing. I can gamble if I want to and will stop if I want to in short, I can control myself whenever I gamble. And yes there is no reason for a person to be addicted into gambling but it is like games for me. I said that gambling is like games because whenever a gamer is playing a game for a first time and got hooked with it, he can get addicted into it and play many times in a day. It is the same with gambling. If you play and get hooked with it, you can get addicted into it. Self-control is the best thing for a gambler if a person is a gambler he should know when to stop gambling. Some people lose their control and they spend more than they can afford. We should gamble but in limit and keep in mind that it’s our additional earning resource. If once you lose money never try to recover it if you can’t win just stop if you are loosing continually. |
|
|
|
Why it is very important to always have control when gambling and its the number one we should have- Many people gamble without thinking and spend all his/her money remember that you spend hours earning that money for your family and also for yourself but our responsibility is bigger
than anything else, because there are times that we for about this things, and forget that we have a family to feed for me its okay to spend some money for gambling but there are rules you
need to control your emotions because i saw people who spend all their money while their children have nothing to eat, bills not settle and at the end of the day they spend their times in the
streets ending is the commit crimes children don't go to school i hope everyone will remember this and be able to help everyone here , what im saying is its okay to gamble but don't compromise
your families
You're an idiot and a certified addict in gambling, if you do not prioritize your family's expenses more than what you allocate in gambling, your wife can charge you for abusing them, by not giving them their immediate needs, that is why chronic gamblers do not have a family, either they left it for gambling or their family left him for failure to provide the family's need. Most gamblers are not family men because once they will have their family so they will not have much time or money to gamble that’s why Better enjoy gambling even if you gamble with your pocket money. I try to save some money from my daily expenses and then I spend all my savings on gambling it really helps me to get extra earning. |
|
|
|
I prepared crypto online gambling than fiat online gambling, honestly believe me or not I am not playing gambling before through online because of crypto online gambling I start enjoy to get the opportunity. I gamble fiat illegal gambling in my street it called pusoy a card games, but after I try online crypto gambling I enjoy it no hassle to caught by the authorities.
I agree it is really convenient to play online using cryptocurrency. This is only the reason why I am playing gambling again although I know to myself that I am not addicted to it but there is a time that I am thinking that it is also good trying your luck sometimes so that I use to play with gambling online. It’s good to have such thinking that you want to keep gambling and trying your luck but mate try to avoid addiction as those who get addicted May lose all their savings into gambling. I know gambling is all about knowledge and luck so it’s 50/50 to earn with luck and skills. If you find online gambling with crypto reliable you can gamble with crypto but I like to gamble with fiat most of the time. |
|
|
|
I think to lose a huge amount of money before we stop gambling is inappropriate. We should set a limit before we lose everything. Though we have a lot of funds which we can afford to lose, it's still important that we'll know when to stop. We have to discipline ourselves before we lose something. There's no guarantee that we could gain a good profit in trading all the time so we shouldn't take all the risks.
It’s not good to be greedy in gambling you should have control over your emotions even if you are enjoying it. Loss of money is not a small thing as if you will continue losing your money it will make you poor so better if you enjoy but wisely, first you try to spend only affordable in gambling and then try not to get addicted. |
|
|
|
Loss in trading is only when you count the $, I trady altcoin/altcoin so I always have crypto, that's what crypto trading is about.
Agree with you in trading we should not make it our aim to earn money but instead of it, we should make learning our goal. If we will count even single rupee that we expected to earn but did not earn it will make us mental sick so better keep our mind clear that lose and profit both are part of life and learning more and more should be our aim so we will not make silly mistakes. |
|
|
|
Trading without losses? - Fantastic  7 Years of trading experience Losses is normal thing Losses will be everytime Never trade without losses Losing while trading is really normal. We have to admit that in trading it is usual to lose. I am also trading for two years but I never missed out to lose even it is planned. So, I dont believe that we can win in trade always because even professionals are losing their money also. Because the market is so volatile and unpredictable. The current market is little volatile so we can face some losses also we must move to stable coin on all the time. We have more options on trading platform so anytime we can change the Bitcoin and altcoin in all the exchanges. I think we lose some money on trading, But anytime it will raise again and we make profit on crypto platform. Yes trading gives lose and profit at the same time but we should try to manage it by gaining more and more knowledge so the more we learn the more we will earn. Today crypto is so famous and it has a high number of investors and traders that’s why it has become easy to learn trading to reduce lose but lose and profit are part of earning. |
|
|
|
Here are some projects that get listed on exchanges but ignore bounty hunters and airdroppers like they don't exists
1. Sparkpoint
2. Decimated
3. Nestree
4. Sero
Etc.
Any one has a solution to make this stop? if developers can't keep their promises even when they raise fund successful why needing how help to create awareness then?
Most new projects are scam, Bitcoin and few top altcoins are worth investing on, I will rather buy Bitcoin and top 10 altcoins then hold for several months, if there is any little profit I won't hesitate to pull them out Yes you have point dude! that's one reason I stop joining on any altcoin bounty and airdrop you make a hardwork to promote their project butin the end you make a zero pay or thank you as a payment, we can say that the team are too greedy to pay the bounty hunter. Not only you but so many bounty hunters are sad and worried about low payments but trust me when the price of altcoin will rise it will automatically make the price of bounty projects and the team will pay high again. But we will have to keep our heart wide and take part in bounty projects to make money and promote the project with good words. |
|
|
|
as investors work on customs with evaluation tasks on initiation with the trading scheme of jobs on bitcoin business the use gives as might to deliver with least on reference on risks as exchange and collects with difference of returns on completion.
The lack of references, the lack of learning and the large number of irresponsible people seems to be only a small fraction of what can be done on the internet, I agree because many investors do not want to bear a large enough risk to invest here, therefore we need to consider and prepare strategies we are to avoid scamm It's not about lack of references or education. The things that already happened if there was a lot of scam projects that have already started as legit projects. The investors are getting fooled when it was on the development phase just like when the projects have tried to change the roadmap and that can be considered as a sign of the scam projects too. Yes it is really bad if we trust everyone and every time people who we actually don’t know so it is internet and her people are not true so better making research before trusting them and before buying coins we should learn about them and know well so that there will be no complications between us and we should know all about those projects. |
|
|
|
I like the way you rant but I don't really agree that all Crypto are scam. I understand how you feel and it is quite a long time since the last time we have experienced a successful ICOs and IEOs. But still, if all crypto is a scam then why there are still investors who put their trust on different projects. It is just that some legit projects really are not that many and because of an overwhelming number of scam projects then legit ones got outnumbered.
It was old-time I think when people were having chances to make other people fool but now this is not old age people have so many resources to know about the reality of crypto project using internet and we should not be blind while taking decisions just be with few but with real projects so that we will be able to make trustworthy profit from crypto project alike investing in bitcoin etc. |
|
|
|
1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?
For now I agree if we prefer to invest safely like investing some of our money in top coins rather than new projects that have high risks because lately we often see many new projects that turn into scams but this does not mean that new projects not worth investing, there are still new projects that are good and worth investing in but for now I prefer to invest in the top coins. It’s our own Greed which gives us lose if we will control our greed then no one will date to give us scam like so many people will show you green garden to become rich faster so never get scammed by them just invest your money in bitcoin which is trustworthy coin and that has good name in crypto market also better to invest or trade for long term if you are new. |
|
|
|
Bitcoin Dump - The Worst Thing
When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?
I think when bitcoin dump why altcoin also dump, because when bitcoin dumps everyone will try to buy at the lowest price, so who hold altcoins sometimes follow the bitcoin trend. but when bitcoin is stable, altcoin will pump. Yes, now the market situation is completely unpredictable because whenever Bitcoin dumps and Pump altcoin prices are kept decreasing and it is giving very good opportunity for the investors to grab the low valued altcoins. When again Bitcoin is becoming stable then the altcoins will start increasing their prices. Not all the times because prices arent anytime correlated to each other on where btc price falls alts might rise.We have seen these events same in the past but now were seeing the different one but well anytime it can happen.Its just random because traders/investors do have different goals either they do accumulate alts when btc price drops or would simply switch up to fiat.Dump is an inevitable thing but it doesnt mean that you cant make any profits with it.Think again! Yeah, bitcoin in price Will rise and fall but we will have to take advantage from it and not to panic our coins until it fully rises again. We are in the digital era so crypto coins will rise and fall but we will have to move according to it. Try to buy some coins when the price is falling so we should try to buy when it down and simply try to store some low price bitcoin. |
|
|
|
Honestly, managing your trades everyday is really difficult, even for professional traders because minimizing losses gives pressure to others, especially if we are in the middle of the bear market that you are not able to buy low, sell high if the market is really down. I think the best way to manage your trades is you should know first how to control your emotions when the market is down for you not to panic sell and for you to become patient with all of your holdings.
If you are an experienced trader then you will not have a hard time in managing your trades per day. Minimizing losses is also normal for an experienced traders because they know how to set up their trading strategy and execute it in the market. Experienced traders have enough knowledge and experience to ease things up and that is what you should be really focusing on if you want to manage your trades very well. Yeah, those who are experienced and who know that trading has a lot of profit for them so they will Be able to manage. It’s all about reducing your losses as if the loss will be mined than profit will be high by itself. We should try not to make mistakes and better trade well according to the market moves and according to good trading strategies. |
|
|
|
It seems to me now is the time to buy and not to panic. Although the fall of Bitcoin was insignificant, I think it’s no longer destined to reach 6 thousand or a level lower again this year. So open your wallets soon and buy
Yes now is the best time to buy bitcoin as the price is low which is increasing quickly so better buy no doubt soon you will lose the opportunity as we know crypto use to change it’s a price too fast. We should get invested with some well known and profitable coins like bitcoin and some part of our money into ETH. These coins are worth investing for me. |
|
|
|
Perform a background check for the project or any investment that you are trying to get into. Frauds are everywhere and it is our duty to be careful and to make sure that everything is alright before we trust them with our own hard earned money. Do not get greedy with the quick and huge returns because if it is too good to be true then it is probably a scam.
This is a major problem of our nation that people take advantage of innocent people and make money by making them suffer from fraud. We should be careful and make a research about any project that we are using to invest our money. Right now on Google, there are so many sites that give knowledge about gambling and make us aware of frauds so we should visit them. |
|
|
|
Let me say, from those option you give, i choose both of them, because in actual way i really need both of them. Crypto for trading and Fiat when the time to use my money has come. In my country, use of cryptocurrency is not so familiar, so i need fiat to make them useful for my daily needs.
Exactly, investing in cryptos gives us profits which we don't get when we just have FIAT but after all our investments we eventually have to cash out our profits and that's when we convert into FIAT because not a lot of people accept cryptocurrencies as a means of payment. Yes this is modern era many people use fiat as payment and some use crypto so it’s about the area where we are living. If we are in a modern place so online shopping will be done with crypto and we can buy with fiat too but we need both as making investments with crypto and using fiat for our daily needs better keep both in your pocket. |
|
|
|
Bitcoin Dump - The Worst Thing
When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?
yes, that's for sure. so we should look at how Bitcoin is judging the alts. We have to accept long-term losses as the price of bitcoin has not grown in the last 5 months as it is in a downtrend. This is a great experience for us in the next few years. The thing that we should do now is to store bitcoins now and make a big profit in 2020. One way to be profitable in the long term. But also no one will guarantee bitcoin in 2020 will better compared to this year because i'm really sure bitcoin price is controlled by the group of whales. All we have to is follow their wave and don't get trapped by FOMO. We have to ready with any condition that will come next year but i have a feeling the price will pump one year after the halving just like the bitcoin halving before back in 2016 Bitcoin dump can be the best thing if you had plans to short it. If you sold right before the drop, that drop is the great buying opportunity for you. Depending on the drop, you can double your bitcoins if you hit the right time for selling and later for buying. In crypto you can try to turn every situation in your advantage, its a skill! At least try to something more before you start complaining. Yes, dumping is natural and if the price fall makes us worried it’s no big deal if you sell your coins when projects are at height and you will make a huge profit but if you will sell at dump it is huge lose of your money better keep holding and controlling the emotions to become worried. Patience is the key to success in the dumping market. |
|
|
|
|
Show Posts
