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The digital money market is very hot. To choose, I think you should consider your investment depends on what factors such as capital, profit direction, time to achieve profit, how to invest. If you start with a capital that is not too large, and there is a need to multiply that number several times in the short term, my advice is to invest in potential altcoin. Cheap Altcoin, low capitalization, often attracts investment and has the potential to grow in the future.
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For me the risk of holding bitcoins, is there are more possibility that it can be hacked by hackers if well not protect or secured it very well, and i think the risk of holding bitcoin is to forget the private key of our wallet, and last risk holding bitcoins is the stability of price of it it can be decrease and it can also increase
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It may possible but it needs pro knowledge about trading in short term and your luck. All the best and update this topic about your progress and each steps you are taken to move forward.
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Very hard to do both things good, in trading you have to learn lots of things, do exercises, analysis news. All that works will cost you all day to do and how you can do your normal job.
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For me, this is one the best way to trade our coin where we sell our coin on a certain fixed amount and wait until it reaches it. But in this kind of case emotion isn't your enemy but rather your patience because this method will really do test your patience since putting a certain fixed price could take a lot of tkme before it gets bought or sold
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I dont like it too, it is toooo risky and you can easily lose everything if you start a bad trade or if suddenly the pair that you are trading go to negative numbers and you start to lose it all.
That is why i prefer holding instead of trading
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trading for me must not be only for solo person because i think that everyone should make a good relatiinship with the members of traders of cryptocurrency since they can help you to choose good alts.
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For me, one of the key to overcome the fear is by enhancing your self confidence. Beacuse, only yourself is your enemy in terms of fear. By having a self-confidence, you can overcome your fear of holding because you are the one who will decide if you will trade it now or later. Another is accepting the fact, because if you trade it lower than it gets higher in the future, you will only need to accept the fact that you didnt take that opportunity.
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it's absolutely unpredictable, analyze all price, control our emotion, etc.
its truly somehow a mind piece job, we can say that most of the times we are predicting on the price when we do trading and thats truly the essence when you are trading something you are right if we loss trades we dont loss it all since we set a specific amount on that trading.
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There is no doubt about the fact that bitcoin maintain lots of future. Lots who purchase bitcoin at the initial phase have previously viewing the future in terms of the high return of investment and also the market price of Bitcoin is on the rise day by day, In my opinion our future is bright simply because soon we'll begin keeping track of our profit.
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With trading what's much required is the ability to learn continuously. Maybe this will not be successful at the beginning of the trading process. When one continues the same, experimenting with small amounts automatically the success on trading can be experienced.
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No im not,but i put more of it in bitcoin than other coin.its better to segregate our funds into many chances than single coin.thats the perfect way of investing .if the one drops you have other option of earning because of the said segregation.and i think most of you guys will agree on that
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Bitcoin looks good as an investment and even its future looks promising but it would be very foolish move to invest all money in it as the future of bitcoins is still unpredictable and anything can happen in future so its good to invest some part of your money in it and if it works then even a small investment can give you best profits in long term and you need to be very smart when it comes to investing your money.
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of course it's very risky. for professional traders, they always trade with some altcoins, because if you only use 1 bitcoin alone, then your coin development does not increase, because only expect 1 bitcoin alone. you should use altcoin and ico. but with a note you must be smart and experienced in trading
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The loss is a part of the game. You play and you must accept. Do not too worried or give up. Let learn from the fail and start again, if not, you can not take again what you have lost.
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Knowing about next pump cannot be held as accurate forecasting for altcoins. In my opinion, better read roadmaps and jkin channels that has updates as to the status of the altcoin. Also, be sure to know when will these be listed on other exchanges. Because most of the times, it is when they pump up
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In my opinion, it's better to hold becuase the current price is way far from the original price. I feel you. I'm also experiencing that. You have to be patient and wait for it until you got the invested capital or more but it only takes time. As of now, that is only a paper loss but if you withdraw it that is your actual loss. Just hold that for now. On the other hand, you may consider the other cryptocurrencies with good performance. Try to read news about the forecast and make plans.
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By trading we really can make grow our bitcoin, but we need to know and make trading strategy before we trade our bitcoin. In trading we need to be patient, never panic if the price going down and fallin drop. Because in trading it's normal when price go up and go down. We just need to wait the right time to sell our coin
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Well it is very difficult to do that, but you are able to do it if you can control your emotions while you are trading in the markets, that is acquired once you have the right knowledge and you had losses in the past.
at the beggining i loss so much, but you learn from that losses and you know that you are always gonna get profit from every trade.
that is how it must be done
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