The truth is you can never play is safe with cryptocurrency, the risk is what make you a veteran in trading, when you keep playing it safe you can't even make enough profit in most cases. So the best is try to invest the fund you know you can lose just incase your investment goes wrong.
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You ever can tell, but for sure there is going to be a bounce back. You just have to prepare yourself for the worse and re-strategize for the best, but to be honest I think there will still be a dumb but one thing is for sure the bounce back is certain. It just a matter of when.
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A very good post it just too bad that it a plagiarized work, because this provide alot of good information to many members of the forum. I believe you know plagiarized works are prohibited to this forum, please do endeavor it doesn't happen again.
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Well you just have to have a buying plan, you can't keep waiting for it to drop a bit deeper. Who will even believe it will drop to the level it is now. So in situations like this just buy when it drops within your budget and don't wait for it to drop deeper, because the wait might not worth it.
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Well for your first question I will say cryptocurrency is risky but bitcoin is saver, life itself is all about risk you know. And for your second question there is going to be a comeback in the cryptocurrency, it will recover. All we need to do is be patient and wait.
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Definitely there will be a bounce back, it might take time and even alot of time but most definitely there will be a change in the market. Life itself don't keep going, there is a time when it rain, when it snow and even dry season too. So don't panic there is a comeback in this.
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Wow, this is a huge step you've taken, I know must west African countries let me just say Africa as a whole, does not support women In all this kind of stuffs, well I'm also new year but from the little time I have spent here I know we'll assured that you have came to the right place and you will receive alot love, attention and also be carried along if you are willing to learn. So once again you are welcome to this amazing forum.
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Celebration season comes with alot of expenditure, but still you have to plan yourself, only you how it going to be for you after the celebration. We all know how tempting it is during celebration times to spend more than what you planned for,but you just have to hold your grounds and make sure you spend as planned.
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Negative trust or being ban on this forum is not something that is given anyhow, for you to get a negative trust that mean your level of offense must be highly bad. Like maybe using a multiple account on the forum or so, you just don't get negative trust on sharing your view on a post on this forum.
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Just as you've said most newbies make this mistake, most see it as a quick money platform, forgetting that it also requires alot of studying, time, dedication and so on. When you make this mistake you tend to lose so much money than you even intended.
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Not just in crypto currency but in life itself. Greed is one thing that have a very bad reflect on one's life. So it best for traders to set limit. With you setting limit it helps manage your funds.
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Well you have a point, but don't u think it to early to start getting into conclusion. You are making conclusions already based on a bare microscopic bounce. Well let all wait and see, at least for few more weeks.
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Well veteran and experienced traders will always trade no matter the season, they make money even when the mark is bull or bear. Well as for me I put a pause on my trading for now maybe till the market get a bit familiar.
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Well I know you feel ashamed based on your merited Rank, but there is no shame in seeking knowledge. To be sincere I'm also faced with the same problem, like reading of books and articles get boring and tiring. I wish I could get a life experience too.
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I think you bought one of those scam coin, where you can buy a coin and cannot resell them. As a newbie before buying a coin you have to make total research especially when it one of those altcoin. Stay prompt in this forum and you will learn alot..
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Yeah the bounty section can be full of spamming and alot of shit but bro that same bounty section help promote most of the altcoin. In as bad as we want that section out of this forum it is also important to this forum in one way or the other, of course most of the people who participated in that forum are those who don't really want to learn anything about bitcoin, but still they have their importance too.
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I wouldn't advice anyone to take loan just to invest in bitcoin, the current economy is awful and taking Loans something which is not sure is not ideal. Taking this decision might set up for life when it actually goes your way but what if it don't?
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This is really bad, but how will you even get confortable making a transaction on the road. Using my phone while driving is totally bad to me talk more of making transaction, well the lesson has been learnt and correction will also be taken
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I think your investment depends on how long you are willing to hold the coin, if you are holding for a long period of time I would advice in bitcoin, but if otherwise you can just invest based on your initial plan. But investing in altcoin can also be risky tho.
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I'm new to cryptocurrency and am still learning everything I can about it. What is it about bitcoin that makes it so valuable? I see all of those other coins that have a lot of utility and practical use when compared to bitcoin, but they don't have the market cap. According to what I've learned, it has extremely slow transaction speeds and higher transaction fees than other coins. It's doesn't appear to stand out from the crowd, yet bitcoin remains number one, is there something I'm missing here? I looked online but couldn't find anything that answered my question. Thanks
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