Well, the truth is based on your source and that's the reality that we have to embrace. Despite the disinformation that we've got through the internet, there is still a truthful basis we can find.
And it has to be found and you'll need to assess and verify each information that any source that you have found. Being deceived is a big problem and that's why we need to be informed so we can avoid deception.
The act of relying on someone, a group or a channel is a means and chances to get scammed, it is better not to trust those channels or group for not to be scammed, it is as straight forward as that. I have been in crypto for like four years now and I did not believe in those things again after I joined a telegram group for airdrop, the first airdrop was a scam for me but I was able to avoid it, after that time, I have prefer to do my things myself, be it about trading or cryptocurrencies generally. It is very important to always be careful because nowadays scams vary widely, if you don't want to be at risk, it's better to stay away from groups or channels, and what's clear is do your research before joining anything |
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Bear market is considered as the time to make more investment. Whales easily enjoy the market whereas the small bag holders always enter the market with fear. This fear is due to the market being on the bear trend.
The fear accompanies the chances of losing the capital as said, for that users need to have an alternate plan without which buying/selling during the bear market increase the difficulty of making profit if you doesn't have the patience to hold if market isn't supportive.
It is a must have a good alternative or a set of plans just in case your first attempts did not materialize. By looking from the current market, bear still brings fear from those weak holders, without any plans you will see yourself following the trend and accepting the losses that you may have. Think wiser and be willing to take the risk once you decide to place your investment. Good planning will certainly make us get good results too so it will be very risky to make decisions during current market conditions without a plan, before taking the risk we also need to plan first and know for sure what to do |
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When the market looks stagnant as it is now of course many want to get out and replace it with another type of investment, if we sell all assets now and the result is a profit then this is not a problem, but if we sell at a loss then the best thing is to be patient and wait, I'm sure the market will rise again soon.
In times like this, don't be in a hurry to make a decision by selling, after all this is not the right time to sell because there is a high probability that it will make a loss, it's true you need to be patient and keep doing the analysis |
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my worst experience in crypto was when buying shiba inu was too high, after a few weeks the price dropped very deeply until now the shiba price is still very low, and i lost a lot of money because of shiba, even though at this time the coin is trash in my wallet but I still hold it while hoping the price will increase again in the future.
Hopefully with what you did in the past you can make it an experience so you don't repeat the same mistakes by buying coins at high prices, of course it is a fatal mistake because in the end it will cost us money, We'll see what Shiba Inu will look like in the future |
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I've read a few articles explaining that a food crisis is coming, I want to tell you something about it. There will be no food crisis for me.
Price of pasta, price of cooking oil, rice or meat will increase 20%? 30%?
That's all right. I don't care much. I can handle it, just like most people in developed countries. We don't spend much on food, increasing that budget by a third is perfectly fine.
The problem will be with the poor countries, but I wonder: is it a problem, or a solution?
There were 100 millions people living in Africa in 1900. Now, there are over 1,500 millions people there. I know that some people live a in a fantasy world thinking that there will be food, jobs, modern housing and all creature comforts for every human, but that won't happen. We live in a finite world, and the population just cannot grow without limit. Number one rule of the world has always been the survival of the fittest...
Africa was one of the poorest country in the whole world as far as I know, probably the main thing problems with this is their country economy strategy was very poor, that is why it need to revitalize it instead. So, the food crisis to their own country will be resolve little by little if their leader is intelligent to think a good solutions for this. Most of the poorest countries are on the African continent, therefore the African continent has the nickname of the poorest continent, and speaking of African countries I don't think it's going to be that easy to solve the food crisis, it's been happening for a long time and in that country maybe the income isn't much so it will be difficult too |
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I think ETH with a target of $8k is the most viable to hit in a next bull cycle ahead. While the potential for a consolidation may not increase rapidly during a bear market, ETH will remain a major factor for the pumps as market requirements permit.
The merge - may not bring much attraction and heat at the moment but it is an incentive to accumulate more.
You are right, that you are predicting a realistic ETH price for the possibility of reaching the next bull cycle, out there is a lot of speculation that the ETH price will be high above $10k but it will not be easy to reach if the bitcoin price has not reached ATH it must be 2x higher than before. It's true that when talking about altcoins, it can't be separated from the bitcoin pump. Likewise with ETH, bitcoin is the price reference to where, lower or higher to reach ATH. I also think that ETH has the most potential to reach the target set by the op. And apart from bitcoin, the second asset I have to own is ETH. Yes, when the price of Bitcoin rises, it is immediately followed by an increase in the altcoin market, and I think the opposite will also happen and that's what Bitcoin can be called a reference even though not all coins will experience the same thing, if i may add one more that is BNB and the three coins are very good for long term investment |
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Try not to borrow and invest as this will certainly urge to either close off the trade in loss and pay back the borrowed money. And always hold a part of your investment amount to average the loss. When you see you are in loss, buy back the same coin at low cast. This will balance the loss and you might have a chance to either close off the trade with a minimal gain or without loss. Patience is the other key to succeed in trading.
That's a mistake that has been happening and those that have done it don't do it again. But the newbies are the ones that have the urge and courage of doing it. I've never done this thing because I know that it's not going to have a good ending. Mistakes such as borrowing for trading and even gambling will never get old. Because time and time again, there will be those that will not listen to the mistakes of other people that chose to do this and resulting to have a bad outcome. I think they will come to their senses when they feel the loss due to their mistakes, we know that many people have shared stories or given advice not to do it all, but in the end there will always be people who repeat mistakes like that |
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The bull market is gradually becoming bearish. It is very unlikely that any coin will be exploded in this market condition. So before investing in any coin, you must do proper research about it. It is not right to rely on the suggestion of others.
Strongly agree with what you say because suggestions from others are not always what we want, so it's much better to do the research yourself and I think we should know how important it is, the most important thing is not to take advice from other people to determine what we will do next |
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People said Trump was not a good administer - but I liked Trump. He was far better than Biden.
It has always been like this that people think the past was better, that's why concepts such as nostalgia exist. In a couple of years from now when Trump comes back and the American Empire falls apart some more, you are going to say Senile Joe was a better president  Regardless of what it actually is, everyone is free to have their own opinion regarding the president. and that's a common thing as long as there's no hate speech, we also have to be fair in judging Joe Biden by judging him at the end of his term |
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Something looks like bitcoin may not hold the level of 30k.I already want growth and good news, but as far as I understand, we will not hear them soon.I have already bought some altcoins at a good discount and am ready for a bull run.But something tells me that the whole summer will be so unstable.
Whether it's true or not I think we need to wait for it and hope it won't happen, in crypto it is not easy to predict with certainty due to many factors that affect the market, we'll see later and hopefully the bull run can happen soon |
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Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
There are a lot of stories in this world where we see that a successful businessman is only a few percent successful. So if you want to be successful here, you have to work hard. If you work hard, you will succeed one day, and if you want to be successful here, you have to work hard with your own identity. Well i agree with you on this because every success is attributed to hard work, and not only hard work but smart work, one need to be able to make the right trading decisions and this is always evidence in the kind of results their achieve. Yes, success is never separated from someone who works hard and that's how it is, in trading making decisions is not something easy and takes a lot of practice, but indeed the decision is very influential on our trading results |
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Fortunately for us we have been in this market long enough to know this information, but there are many newbies that simply look at the price of one of the coins they wanted to get months ago and now that they see the price is low they think of this as a golden opportunity they cannot let go, however we know the truth, a great deal of the altcoins that experimented a huge drop are never going to recover, and this means that we need to be incredibly cautious when buying the dip when the coins in which we are interested are not within the top 10.
This is true for altcoins, there were quite a few coins that, after their price was quite high, after the bear market, could no longer regain their previous levels. This is the reason why I try not hold for a long time, altcoins in which I do not see much perspective, which I use for speculation. And having a bitter experience, even with those altcoins in which I have more confidence, I am also very careful, because a long hold can lead to the loss of my money. That's a good point. Altcoins should never be hold for long because those coins you usually hold don't fly to the moon. It's a casino where few people win. Even if you look at the creation date of this thread, many altcoins have lost half their value since that time. That's why you can now buy a lot more coins. Altcoins have fallen by more than -80% of course Buy Back can be done if you still have capital, bear market is something that is common in the crypto world, because this is part of the cycle In an unstable market situation, especially altcoins. We will see altcoins experience drastic price drops, some even by more than -100% and that is nothing new. It's hard for me to say buy back, because that could be the last time we see an altcoin price at that level, and maybe the altcoin will not return to its previous price level. But this is an investment, there are only two choices between profit and loss, it all depends on yourself. It's definitely not easy to make decisions in times of market conditions like this, whether profit or loss it's all part of an investment that can not be released, it all really depends on us and therefore as much as possible to do good planning |
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What is the point of buying when you don't know how and when to sell. If it's an Altcoin, I will exit a 100% profit + Capital as soon as I make some X of my investment, many of them are pump and dump coins with little value which after the first pump always find it difficult to go back again. They are only good for making cool quick cash, not good for none of the strategies you have mentioned except for 100% exit.
I may employ your strategy on bitcoin as there is always an assurance in long and short term that bitcoin always make new high compared to Altcoins, you don't have to worry much about it performance, that's why most prefer to continue to hold instead selling bit by bit.
You would be surprised on how many people don't have any strategy when to sell. I don't have an exit strategy but I have set up selling limits on most of my altcoins. I always try to cash in a fraction whenever the price goes higher and higher. Taking profit is always a good idea! What you are doing in my opinion is correct and everyone needs to see an opportunity to make a profit, we have to take advantage of the opportunities that exist and it's a shame if we just pass them by, but maybe you need to study and at least find a strategy that suits you |
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I Kept holding my TRON since early 2021 and up to now that the price climb up more than 20% from my buying amount yet I wanted to keep them in my pocket. https://coinmarketcap.com/currencies/tron/TRON is for me one of the most promising and looking at the next halving to be the alternative to my usual currency for trading . You are very lucky to choose investment in Tron coin because the price is relatively holding up despite the bear market, I have reviewed the price of tron there is no downside impact even though the price of BTC has decreased, I think the price of Tron will be higher until the end of the year and I hope you get a big profit from the investment TRX coins. It's true that so far, the price of Tron has practically no impact due to the decline in the price of Bitcoin, despite the development of Tron which is still like that I still see Tron as a pretty good project, to be clearer, just follow the progress and see what will happen in the future |
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The main thing that I would advise you to devote enough time to is training. In my opinion, this aspect is extremely important and clearly requires preparation and work on the result.
Here, but if we enter any work, our greatest need is to be patient, if we can be patient, it will be seen that here we will succeed in everything, but without patience, you and I will not be able to do any business here, so if we are training here. Most of you here, if you know how to handle it, the first thing you need to do is to be patient, always keep a cool head, and keep a cool head, and keep testing. I think there will be a lot of damage Without us realizing it, patience is really very important and not everyone can do it consistently. it takes practice and of course need to keep trying, it seems trivial but to do it is not that easy especially when the market is down you need to be patient and stay calm |
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Market still make me confuse and situation doesn’t sound good. Although none of us, really don’t know about next action of crypto market but i think, now market offering altcoins with cheap and it isn’t a bad idea to grap them now. And to cover loss, don't forget to have some real cash, so that if market dump again, then you should buy again for average the altcoins price and thus you can recover your money even durning bad market condision
That is indeed I think it is important to plan as well as possible to minimize risk, we must also know that every opportunity must be utilized properly, Seeing that the market conditions are still like this it seems like a good decision to buy |
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Matic once reached almost $3, but the cryptocurrency cycle was also unavoidable,
because the bear season came and all altcoins also fell, such as Matic dumped to below $1, and was only at $0.6,
but according to I dream for Matic to $20 is not impossible, and I also still hold and buy Matic from now on
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I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
from the beginning crypto influencers and media had a vested interest in providing information. therefore often they are shillings and talk too big. following them is the same as getting you one step towards loss. it makes more sense to listen to a friend's advice, than to watch influencers spread information that doesn't make sense. Actually, it's okay to listen to advice from influencers as long as the influencer is really competent in the crypto world, it's different if they don't know anything and just talk nonsense, Besides that, we must have principles and not easily believe so that when we get information we don't immediately believe it |
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I dedicate some of my stablecoins to buying every time bitcoin falls to the values I have indicated. Nevertheless, even when bitcoin went up, I continued to accumulate it
remember that sometimes we need to analyze well the situation in the market before buying in order to prevent massive losses. as you can see bitcoin keeps falling until now so if you keep buying everytime it fluctuate as well surely your money will be burn after all. Be wise mate to protect your money learn how to TA because it's a big advantage in such situation. I agree with that because indeed with any market conditions, especially conditions like today, we cannot make decisions arbitrarily. things that are mandatory to do analysis before making a decision, at least by doing that we can minimize the risk and that's a good thing |
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