10BTC and 100ETH is a good starting point for a retirement fund. In my place, that is a very high price that, even at its current value, can provide you with a comfortable life. Looking ahead to 2032, when we all hope prices have risen further than they are now, it will be an excellent retirement plan. Although market volatility should be taken into account, you may not be able to exit the market at its ATH in 2032.
This looks to be fair amount for the retirement. In the past it looked like an easy investment based on its current price. Even after this we'll get more opportunities in the ten years time. We need to have perfect plans and start saving, so that we can buy the mentioned number of Bitcoin and ethereum at the best price. If not, atleast we should start DCA technique by now onwards which helps to accumulate the number at an average price. very fantastic value for preparing for retirement, if only in the early years it was created already knew bitcoin, maybe it's not difficult to collect 10BTC and 100ETH, but for now the nominal is extraordinary, at least collect little by little for the future. it should be at a time like this, where in my opinion the price is still worth buying and hopefully soon the bullish season will come so we can hold it more calmly because of floating plus |
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Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.
controlling emotions is very important to set the rhythm in our brain. of course we have to understand ourselves first, wanting to make big profits fast is natural in our minds, but we also have to be logical in seeing that success can be achieved gradually, so that in that way we will be able to obey the rules that we have made for ourselves and be able to Discipline to the framework created before the transaction |
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i tried to fully implement this but till now i couldn't do that, i saw an opportunity then i broke my own rules, that's what happens a lot in my routine, and i'm trying my best now to do that.Some people maybe in my situation or have in my situation right now, hope they also can learn from it.
I also experienced it, even though we already know the rules that we apply ourselves, but often we still break them, I think this is part of the psychological maturation process, it looks easy to do, but not everyone can be self-disciplined, considering that things like this have to be trained repeatedly times, so I personally apply myself not to give up, because at least we already have the theoretical basis, all that remains is to implement it |
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Thinking about how trading strategies need to always be changed and how one strategy may not work for a long time, what do you do with the strategy that you are about to change. do you just forget about it completely once a new strategy starts working for you? or do you keep it in remembrance for the future. If you have experienced this before; has any old trading strategy that you decided to apply work for you? Is it possible that old strategies may work in the future again?
the old strategy and the new one for me can be used as long as we know the weaknesses and strengths of the strategy, because there is no one trading strategy that is 100% accurate, of course there are times when under certain conditions the strategy cannot work properly. on the other hand if the strategy is going well, then we don't get greedy, because anytime the market can change direction suddenly, especially for short-term trading |
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there is no peace for me if I have minus 50% of my assets, maybe I will cry all night bemoaning fate to wait until the period returns to 100% or even more, you will surely regret why not let go when the assets are reduced from the previous profit
Working with ourselves' mood is very important. It is better to remember that you haven't lost anything until you sold your asset. If it is not a trash asset you still have it even if its charts show negative trends. Moreover you have the same amount of the same asset. It is not easy to assure ourselves is such things because they don't look like obvious, but we should, because otherwise health problems can cover the positive effect of investing. If it is still too painful maybe we should invest less so it becomes less important if the charts go down. right, if it's a valuable asset like bitcoin it might not be a problem if it's cold money used, but if it's a new altcoin for example then it will be hard to come back, but also we don't know what will happen next. panic like that makes many people fail in investing. therefore we must have confidence, even in a plus or minus situation in acting, and not regret our actions afterwards, whatever happens in the next market |
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I'm also considering the fact that this bear market will not stay for long, that's true that there's no short success ladder in crypto, always have an option of buying long-term assets that will grow within 2-3 years. Process in crypto takes time the market is volatile and can change from great to worst, it is a matter of perception in this time of crypto crisis.
We'll see by next year if the bear market won't stay that long. Last 2020 when the halving has happened, the bull has already started during that year even if the expectation is really going to start by 2021. Well, the bull run started from 2020 up to 2021 and its end. By 2023 we'll just a year from the halving(2024) and we might expect that it will be the start of the next bull run and the same might happen until 2025. If we look at recent cycles, so too has the growth been after the bear market of 2018. In 2019-2020 there was a multiple growth of the entire market up to March 2020 before the collapse. That is, every two years there was a rise or a rebound, whichever one is comfortable to call it. So we could see a bounce as early as 2023. I think it could happen in the second half of 2023. the analysis in my opinion is clear without looking at the time, that is, the market will recover, and even form a new ATH, for when no one knows for sure, but by looking at the current situation with the increasing number of bitcoiners, there will be more power to grow and develop, especially if government policies that support cryptocurrency occur, then from now on collecting crypto is the action that is expected when the bullish season comes, we can easily make profits. so don't worry about market movement, I guess it's just a matter of waiting patiently |
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Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
Long time didn't have Litecoin anymor, since litecoin halving dates is near I guess it's a good choice to invest in litecoin again. My prediction we can hit new ATH when the halving is done and the bull market start to begin maybe that's around 2024 or end the year of 2023. Also that small fee is really good for litecoin to keep getting favourite. litecoin is an old altcoin, and until now it still survives following the rhythm of bitcoin, I think many people think the same about this altcoin, so the belief that it can still grow is very large. until now litecoin remains at the top of coinmarketcap, and its ranking can be stable, in general, so many people remain loyal, at a time like this I think it's the right time to invest, there have been 2 peaks that have occurred, and the next bullish season i think the $360 area will be broken and form a new ATH |
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Actually, filling-up forms, posting addresses, and following social media, etc. all over again and again is not even a hassle if only those repetitive tasks are worth of user's time. In most cases, even putting effort and dedication into joining airdrops was applied, all those serious work and efforts are nothing because of low rewards, no value coins, or much worst, the actual airdrop didn't happen.
Before, it's no doubt that joining airdrops are profitable that even a project with no appropriate use case, can be hyped.
But as always, a trendy thing always has an end.
At least to myself the worst aspect of airdrops is that now many of them ask for your personal information, I remember that when I first came to this market airdrops were already very popular and some of them made a lot of money to whoever that took the time to participate in the airdrop, however eventually the regulations changed and airdrops began asking for you to pass their KYC policies, and to me this is simply too risky as at best you will gain a few dollars in exchange for that information and at worst you will give away your information and receive nothing in return. in the past there were indeed many airdrops that were worth participating in and got big results, as if we didn't think long about completing KYC, but lately it's rare to find airdrops that get big results, and we are still asked to do KYC, I think it's for work the rules are not difficult, but if you count between us providing personal data and the rewards given, I don't think it's worth it, so now I rarely take part in airdrops |
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Facing family life, home is a basic need that must be met, whereas currently many young people in my country are more fulfilling lifestyle needs, such as cars and hanging out in cafes. even though they don't have a house for the future, so the longer it takes, the more difficult it will be to get a house because the price keeps going up, while the longer the car, the lower the price. This kind of basic thinking is something that young people in my country don't understand, let alone think about investing in property
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the necessities of life continue to rise, while the salary we earn does not keep up with the increase, therefore of course we will think about fulfilling it, because life must go on. but we as religious people, of course, must believe that there is still a way to fulfill everything, and of course the path of fortune will be wide open without us suspecting it beforehand, as long as we are willing to try, fortune will continue to flow
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If all your analysis is not giving you good results, it might be better if you stay out of the market for a while because if you keep pushing yourself, you may only suffer losses.
This is one that you should avoid in trading. Because the market situation will also change more often, you must have another strategy to overcome or adapt to the market situation.
And for the time being, the market situation is still like this and this can make it difficult for us to analyze, especially if we need better analytical skills.
In trading, there will always be good and bad moments that we can use to our advantage so that we don't need to enter the market if the situation is not good.
The ability to analyze should not depend on the situation on the market, the analysis should just help determine the further movement of the market, if success in this is not very good, then you need to devote more time to learning. It is not easy and even experienced traders can make mistakes, some try to trade only in a growing market, how many people - so many strategies can be. what we need to pay attention to, even experienced traders sometimes do wrong analysis, but how can they still survive, I think of course discipline in analysis is very influential, they dare to cut losses because it doesn't match the analysis of market movements, this kind of mental attitude that not all traders can do . even though the opportunity will come many times, but sometimes we don't cut losses if it doesn't suit our framework, because we want every trading transaction to end in profit |
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All the traders want to buy the coins at low price.Because buying at low price will gives you additional profit.Buying at the bottom will be the best move to earn huge profit from your investment.If you choose an wrong position to buy the coin,then it leads to huge loss.So choosing the position is very important one in the trading.Use the knowledge to gain the money,don’t use the overthinking knowledge to gain the money.Actually it never works,because you should be passionate in the trading by analysis of money flow to the market.
right, too much knowledge actually makes us confused, in trading of course we have to summarize our mindset so we don't hesitate in making transactions according to analysis. the lowest price in my opinion is just a coincidence from our analysis, because of course we will place several buying areas according to the existing support. and among them we make purchases which if the price is still dropping, then we wait to return to the next support, so we get the best price |
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The existence of exchange is to facilitate the transaction process fast, though it is not fast as p2p. Also some of the exchange platforms pay higher than p2p and that is one of the major reason people are using exchange platforms for their transactions. Another reason why people keep their coins in exchange platforms is because of the transaction fees. That instead of keeping the coins in a wallet and send to someone whenever you want to sell it and the charging fee in the transaction process whenever you send makes people to store their coins in the exchange platforms because some exchange platforms don't charge fees.
Worrying about commissions and losing everything... Yes, it is how things are, but FTX story of the last days hints again that holding assets in exchanges accounts is a really bad idea. It could be good for making deal but main assets better to hold on non custodial cold wallet. We all know that FTX is not the first and definitely not the last example of bankrupt exchange. if it happens like that then who is at a disadvantage, I think choosing the best exchange and only for a safer transaction process, we store the rest in our personal wallet, so that we have full authority and are responsible for our own assets. even though we will lose transaction fees but if we percentage with the profit we get, I don't think it's a big nominal, the most important thing is the safety of our money |
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Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
you have mentioned "Bear Market is Coming to an End" when the price is at 34k but look at it now? the price not even half of that mentioned price so when is the end of Bear market? are we truly looking for Bull market now or will face more of Bear? I understand your point but never tell people of something you are not sure because you are only misleading them to invest wrongly. everyone can only predict, and we as listeners should not believe without any foundation and self-confidence, people predict, of course they are not accountable for their opinions if the market does not match their predictions. but this is natural because we know that no one knows where the market will move, except for those who have big money that might influence the market, and even then must be supported with other facilities to be able to bring the market as expected |
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Just as everyone I think it depend on the time they bought it. Everybody cannot be in red at the same time , although there is always a regret in crypto but it depend on when you buy it.
You can handle green days, but when red days come, you keep complaining. Well, if you can't handle the situation, sell it. There are red days in bitcoin every year, and if you are new to the cryptocurrency, I'm sure you're scared now, but if you know and trust it well, bitcoin will bring you to the moon. Try to handle or practice your emotions in this kind of situation. Others also said try to handle your investment, like selling it while it is green, then waiting for bear days only if you are not that greedy on green days. we always expect a green market, but the question is, what have we prepared to welcome the green market. from there we can conclude that every season, be it bearish or bullish, we have to take a chance, as now I think is a good time to prepare for the bullish season later, by buying at this time, and when the bullish season arrives, we must also sell it, don't get greedy which ends up regretting it |
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Yeh we can see huges rise in price of dogeCoin and the reason is Elon Musk like we can call them Father of DogeCoin. Because everytime when he tweet about doge we get a huge and huge pump in his price. Recently some blue tick profiles give suggestion to Elon musk to accept Twitter Blue Tick fees in DogeCoin & Elon also show some sign of accepting this suggestions. So in future may be Elon apply this suggestions and accept Doge Coin as payment for Twitter.
Maybe a short term price pump but not the same pump to ATH because Dogecoin has an unlimited supply while most of the small traders is already stucked with there doge coins that bought on high price. Only a bullish announcement that states of limiting the total supply will make dogecoin rise again since meme coin hype is already over. People is now expecting less of it compared before when Musk first announced his involvement on this project. We all know now the danger on investing on meme coin so less buyer now when the hype happened again. There are fewer buyers because the market has been bloody for a long time. If the altseason starts again and Musk tweets about DOGE, I'm sure the price will fly to the moon again. By the way, DOGE is showing growth today, unlike other coins. I don't know what it has to do with, but it seems to me that the growth may continue, because now DOGE may have a new implementation on Twitter. During the bullish season, I think all coins will be bullish following the development of bitcoin, but I don't think it will be as famous as before, because for me, I don't really believe that Ellon will fly Doge again, considering that he will certainly make a profit from his business like yesterday. can make him the richest man. I don't think the current rise is showing a bullish situation, so we shouldn't fall for the bullish trap |
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So i strongly disagreed with the term of " do not invest in a brand new project " to be risk free. A lot of new project has yielded x50
of my investment to me most of the time, What i usually do, Once they're up, i take off with my investment and interest. This is my experiences.
And i strongly believes by doing this, Will yield high success to everyone and also helps you to minimize the risk of lossing all your funds.
That's your opinion OP, however, not everyone shares the same opinion with yours but you're indeed correct that not all new projects and might as well coins are bad and as the saying goes, "The bigger the risk, the bigger the reward" but not all investors have the same mindset and mostly, people will settle for coins and projects that are already known for quite some time because the risks are somehow minimized whereas if they risk their funds on a project that is still not yet determined its future. in investing in new projects, we must be aware that everything has risks and rewards, on the other hand it is not easy to find valid new projects that will develop well, many of the new projects experience pump and dump, and after that die torpor with the many hopes they offer. therefore the decision remains in our hands if we dare to invest in new projects, indeed this is not a gamble for those who are good at analyzing, and taking advantage of the moment. |
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Stay at BNB to avoid risk, investing during the bear season is very rare to find new projects that are worthy of praise, usually difficult to develop because the market is not supportive. now is the time to secure the assets we have and add to them by buying at low prices like today
Bear market have always favour those that have the skill to or the aid to make curious research about the coin that will pump when the bull start calling. Bull season might probably be next year, that's not predictable but it will definitely come and those of us that bought during the dip, would be smiling when everywhere start showing green long candles. That's the happiness of every trader and it's achieveable with enough backup research. in buying coins during a bearish season like this time, choosing the right coin will be psychological for novice investors. many of them still think conventionally, that they will easily double their money here. indeed to stick with BNB is a good choice, considering that BNB is a trusted altcoin to date, they have the largest exchange that most people use to carry out transaction activities |
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It is not advisable to risk investing other people's money to help them make a profit from their investments. If you help invest other people's money, it may cause unnecessary trouble in the future.
Give them a better explanation of the risks associated with investing in crypto trading and the investment losses they need to bear. They should learn more about cryptography and gain experience to invest in themselves.
In my experience, most people are most interested in the height of the bull market when the risk is highest. To avoid people's interest and commitment, I will suggest silence about cryptocurrency at the time. It is hard to advise most interested individuals to put their money at risk on such a strange venture, where they have so little experience or knowledge. the most important thing in dealing with this fluctuating market is an understanding of cryptocurrencies before investing funds. because a lot of things don't match the beginner's imagination at first. after they understand about the crypto world, they can choose the path to take, because it means they already understand the risks and rewards in the crypto world. so that when a disaster occurs, it will not dissolve in disappointment |
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