I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.
I do believe that, based on my experience, never be taken away of news that you hear and even be influenced by speculations of other people. Do not hold on too much to your coin even if you believe that it has potential, sell whenever you think it is the right time. Never sell out of fear that you have been left out. Do your research, do not depend on somebody else's speculation. |
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That is right, with a slight movement in market, people are expecting a bullish-market. Let's be happy that the market is moving slowly and do not expect another bullish-market like what happened recently. Just enjoy taking profits as the price moves steadily.
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Hey everybody I want to share my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. I will suggest you first start with small trades until you become more knowledgeable and calm. I agree with you. Day trading need enough analytical and technical knowledge so it's better to start with small amount. It would be a trial and error type of learning but things would get better when you know how to play the game. Try to avoid panicking because things might be too risky if you will not keep calm. |
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As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.
Everything has been balanced last year. There are people who wished and expected for the bull run to happen last year but it has just been corrected. As for me, that kind of year is important and would make things better in the world of crypto. I believe that the prices would go better this year. |
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Someone can recommend way to transfer from paypal account to a bitcoin for non-US residents
I Would really apriciate that
Thanks in advance
There's no easy way to exchange or transfer your Paypal funds to bitcoin but to trade it to a trusted person. Paypal is just so easy to hack and it would be risky to entrust our funds to someone that we don't know personally. We should try to buy bitcoin using our Paypal funds if we would want to purchase bitcoin. |
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The site is too simple, tho, I don't blame you because you made it alone and I admire you for that. It's a great start, I know you can still do some improvements with it. Gamblers nowadays are too particular about the games interface, that is why you should start working with it.
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Before I have invested anything here in crypto, I have searched everything first. I was so eager to learn every aspects and importance of it. After a long process of learning, I realized that I need it as an investment. It's profitable and it has proven me a lot. If everyone would only know the importance of investment, they would definitely value cryptocurrency.
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In my opinion, the government plays a very important role in the development of Bitcoin in a country. For example, a government announces that it will accept Bitcoin in that country, so I'm sure the development of Bitcoin in that country will be very fast!
BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC
What do you think, the Government or the community who play an important role in the development of Bitcoin?!
Both government and the community plays a vital role in the development of bitcoin in a certain country. In some restricted country, it still needs government approval to possess and adopt cryptocurrency and only the community could do something about it. If everyone would do something to make things possible, it would be easier for every country to adopt bitcoin. |
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[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
Everything is being influenced by the latest technology these days and it includes digital money. It is being used and making transactions easier. However, I believe that no currency can replace physical money. As for me, it is the best currency and nothing could replace it. |
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Your patience would be nothing if you aren't doing anything. You can't earn by just waiting when there are actually ways and strategies for you to do. Some traders do something to make their money grow. Day trading would be a better idea so that you'll increase your number of coins while waiting for the bull run.
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It's a great thing to know that bitcoin has been reaching every corner of the world. I didn't expect that it could reach Africa that fast and that it would adopt bitcoin that easy. Who would have thought that they are willing to accept the digital currency? It will surely be a big help for their economic growth.
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It's the most difficult time especially for those who expected that bitcoin would continue to soar after the bear market. It has been a challenge because we have faced so much difficulty but I still believe that things will get rewarded in time. Everything will get better soon.
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I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
First, you need to understand the terms and the history of cryptocurrency so that whenever or whatever you watch educational videos about trading, you will be able to understand things. It's important that you'll have the eagerness to learn and to adopt new things to perform trading better. |
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As for me, the best thing that ever happened despite the bearish market this year is that a lot of opportunities has oppened for those who want to buy while the prices are low. However, chances are bigger for those who are hoping for the bull market to run.
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One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
If we'll look back in the history of bitcoin, we could see that it took a long time before it reached the best value. If we'll base on its timeframe we might have the realization that we really need time before we reach a good profit as it did before. Let's not doubt but rather give bitcoin a chance to prove its capability again. |
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New traders and investors are not yet well informed to stay calm during this kind of market situation. We can't deny the fact that even pro traders and investors panic at times. However, cryptocurrency is volatile so we should know how to ride. Take every opportunity to buy while others are doing panic selling.
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I certainly agree with those tips but what important is we'll have enough knowledge with the basics of trading. We should know how to deal with the market. Trust your skills and your guts. There's no harm in taking the risks as long as you're confident to handle your earnings.
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Upon entering cryptocurrency, we should all know how to handle our emotions. It what makes every traders and investor strong. If we can't handle our emotions, we can't deal we the changes in the market. It will take a lot of courage for you to surpass the challenges as an investor because holding would take a lot of journey in here.
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It is true that real life gambling and online gambling can be different in terms of fairness. However, each has different positive and negative traits. Real life gambking can easily be implicated by either rigging the games so that players has lower chance to win. In online gambling they use provably fair system and use algorythm to let the players now it was fair. Good article to read. Thanks for sharing.
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I think the bitcoin will go up more for a simple reason, more people will buy it, and also old investors will again invest on it and will wait for a bull run, and also most think buy this year and not next year when halving coming.
The reason why bitcoin rises up is because of the new comers adapting it. Of course not to disregard the old investors who would buy back crypto once the market starts moving. Some investors doesn't really care about crypto news and update, it's all about the price and money. |
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