other than running after merit.
You made a post that is readable but IMO you came back to spoil it by your self with bringing up merit talk. I'm sure many users will also have a bad mood like me when getting to this point of your post. You don't need to remind that. Do your honest post and leave others to theirs. If you want to do post and talk about merit, you can locate the meta section to do that below https://bitcointalk.org/index.php?board=24.0
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My question is, do I lose any advantage by selling at this new high And when the coin retraces back down to 15 cents, reinvest the entire amount? Like, am I at a more disadvantaged position because I am now purchasing the coin at 15 cents, when I had once purchased it at 10 cents? Would I be in a better position if I were to just hodl the coin I purchased cheaply instead of taking profit and reinvesting at the higher price than my original purchase price?
I quoted this part because it is simple to explain from here about what you are asking. Now the first point you have to know is this is purely trade and you don't have to hold back or keep remembering your past transaction. You can however hold back to your past transactions if you want to keep track of your profiting history which you can also check from your profile on the exchange you signed up. If you keep holding to a coin or feeling bad of selling a coin at a point you sold, you also remember you made profit ; this is purely business or trading !!! To the issue and I couldn't read where someone told you that you made profit, move on and aim for more profit. You bought a coin at 10 cent and lucky to have a value of 20 cent each, you sold for profit of 10 cent each (that's profit or isn't it ?). At another point, you bought same coin at 15 cent, this is a new transaction and should be seen at new risk, the past transaction is gone, you don't have to start looking at it. You need to expect a profit on the new risk of trade taken and at worse , a loss. And the third order of trade should be judged by the rise or fall based on your entry point. The next transaction and so o are different in theurselves. Treat them independently and differently as they rise and fall and as you also make profit or lose with them.
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Elliott waves are not easy to be interpreted. Professional traders also find it difficult and they combine other indicators with it to trade so you have to be careful. Elliott waves are looking like this You can look for more waves here
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He is just joking? Wanted to make fun with the memecoin I guess.
Well, there is not much hike in DOGE price, just a regular hike of 4% but we can expect the price surge tomorrow possibly when everyone can access their funds in banks and buy some DOGE.
I think within 24 hours of the tweet, the coin has done additional 2%. He is getting some hype of the coin which is turning out good for hodlers. Tweeter followers are believers of Elon are pumping doge hard from his tweet.
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Haven't heard of these site, i don't play in gambling platforms that are unknown and not promoted first in Bitcointalk because it lets us users to comment and give feedback to the site performance. Also with a representative to answers our every issues, this is why i do background check first before depositing because there are many scam gambling platforms especially in Crypto world.
Good advise to follow. Any site that introduce new stuff is better researched for reviews and playing in a totally new site is risky but sites tasted by members of this forum is cool. They are many of the sites here and getting traffic to show they are easy to operate.
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As much as it is tempting to jump and enjoy the dogecoin pump ride, the risk is very high because at this point or at any point anything can happen and those late investors will be left with doge bogs, I don't know how long the whales intend to keep pumping this coin, this very well turned out to be the most pumped coin in the history of crypto The pump is still on for doge . it was around 0.04 four days ago but now at 0.06. The coin is really enjoying the ride of Elon, this may be a better time to invest on it because after this bull many coin may not return to what they were trading in the past.
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For the long term i hold bitcoin and bnb. The reason behind this because BNB is the largest exchange in the world of cryptocurrency and bitcoin is the first in currency in crypto and also almost everyone knows about bitcoin compared to other coins.
I like your choice of coins and reason but adding etheruem to it as the first smart contract coin and leader of altcoins market. Etheruem is still hodling her run strongly. I'm hodling few etheruem though and more altcoins with expecting that the run will touch them positively too.
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What I understand is that every time that BTC dominance changes, altcoins behave in the opposite direction. In some worse cases that one BTC is dropping, the faster these altcoins drops. This is commonly happening after the bullish season just like the 2017 event.
In some worse cases that one BTC is dropping, the faster these altcoins drops
I don't know if you mean that when bitcoin drops altcoins drop too? Yes I think so , that is what happens but not if altcoins have not gone on bull itself. 2017 that bitcoin had the bull, I remember etheruem too went to above $1000 but started dropping in 2018 like bitcoin also. I think is a correction that always turn bear for all coins at a longer time.
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I guess there's many ways to do this. Let's say you invest £500. Your goal is to 10x you investments and happily pull out. You invest in 5 coins. £100 each.
You track your investments and see that on your £500, you now are overall 100% up and see you have made £500, so £1000 in total.
Would you pull out £500 or would you leave it all in to grow to your 10x?
Any strategies here I can get to know?
Your goal is to 10x you investments and happily pull out. On quote there is where you provided answer to you question. The reason traders lose is such as that, when you had an initial forecast and see a good spot to take profit but because price keeps to favour , then shifting our goal post becomes a consideration. And that is the greed that cause the loss. Having an initial plan should be respected. If you got to a 10x you plan, take your profit and be happy. Another time is waiting for more profit and gradually you have good profit at the end of the month.
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Your words are not in order for understanding purpose so you get good contribution but I say you have to leave fiat alone. They won't disappear because government is in charge of it. Euro, dollars, pounds or any will exist while bitcoin too by the side. Solution is that you need to buy and invest in bitcoin and hodl. You can wait for a drop correction and buy that will be good for you.
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But 15 USD is considered undervalue?
Yes and it is very possible because this time altcoins is beginning a bull and INJ is already trading at $13 + The statistics also is good with growing volume, check The team is active. This team ran bounty on this forum last year though reward was in etheruem and later USDT. It is a promising project because delivery of bounty reward is good sign that team is committed to grow a project and not scam exit. The publications a programs of such project may also be fulfilled. Disclaimer: This is not a business advise, just my opinion.
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Let's look back, the price of Bitcoin has grown over the last 12 years from a few cents to almost $40k today. Was it really worth trading when it was at $0.10? What about when it was over $1? What about at $10? Etc.
This is showing to me that there is no best time or appropriate to fear to trade bitcoin. At the time it was very cheap some still feared to trade or hodl. Bitcoin has multiplied itself in value to around $40k some are still afraid, outside the market waiting. We can understand here that the price only changed but the quantity of coins you have didn't change so staking, trading or hodling will be better not to at all. At the time a coin was $1, it still has the value of a coin to $40k
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Me myself I Don't have much of the school education but when im speaking with someone who got quite good educational base from the school.... it makes me think.....
Think no more about that alright. You need to understand it, education isn't what you really need to succeed or speak well in the public. It takes yourself and your mental capacity plus wisdom given to you God. Wisdom was what Solomon had that made him the wise man Now its time to ask who was your teacher?
Your mum and family general. The family is the first stage of socialization, this is where we are shaped first before even school, pals or public. And most times the blood relations help make our genes.
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Yes, even with only $10,000. Leverage is a "wonderful" thing that could either make you rich or could make you homeless in no time.
Leverage haha... You quite understand leverage, very risky to rely on. Leveraging an account especially high leverage of 1-500 could be a high risk. For OP 10,000, I think plotting for a 10% profit in a month is moderate enough for a professional trader.
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It does not even worth the kind of effort. Remember you are to use your money to buy megabytes to watch the videos and at the end you are expecting a little amount that you still not get paid. I believe it was meant to push out adverts which they have succeeded in doing. you can read reviews here
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oscillators help traders to know if to enter a market or not, it tells if the traders should enter in short time or long time.
The major and basic role the oscillator do is to help traders determine when the market has been over bought level or over sold level. It also shows when the trend has been exhausted. It may not be relevant too that the market is showing all that but it means a time to be careful incase to enter a wrong wave Among all these it may not decide the direction of trend.
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Ruling elites would never allow the control and influence central banks give them to be tampered with.
This can be a very strong point to why the central banks are coming against cryptocurrency. Of course banks are either government business or private individuals who have influence in government and they see cryptocurrency as threat to their businesses. To the end of government, they make policies to chase cryptocurrency investment, to avoid people taking out their fiat for conversion. But they , the crypto attackers have no idea that cryptocurrency investment is unstoppable.
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I don't think that any ban can create a serious obstacle, since you can just send bitcoin "abroad" and receive a wester union payment... The solutions are there and numerous. The ban is not going to have any effect on cryptocurrency nor the people's involvement. It will open more channels of use that will include p2p . The government will come back into their decision as China have been doing. The economy will have some shock because some exchanges and inflow coming through government windows like banks will seize to but while it take other means.
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I suggest that they look for someone that they can trust who lives outside Nigeria with a Foreign account that accepts cryptocurrency transactions and connects them with their fiat local account. I know it's hard to do but there is probably nothing wrong with trying unless the punishment is imprisonment.
I think they can also open a foreign account if the issue of closure is only about naira account with the banks. They can as well open a dollar account with binance and link it with the bank then transaction can just change to dollar instead of naira and they withdrew dollar instead of the local currency.
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