It is true that weak hand always lossing their money. They always panic when market volatile and its very normal in any market that price always fluctuated. Strong hand in crypto will reach success because they believe that market will recovery and believe crypto is future investment
A weak hand can save him self from some loss as well, but in general weak hands gain less to no profit. Everyone went to that stage when we're just starting here. The movement and volatility in crypto is more than that of say perhaps the stock market or foreign exchange. And i agree that sometimes weak hands can save themselves from big losses but also won't get opportunities to gain. It takes guts to make money in crypto. |
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yes you are right and I agree with what you say, when the price of bitcoin falls it is the right time to buy as much bitcoin as you can to use the moment as best as possible.
It sounds so easy right? Buy at what you think is a cheap price and then panic when the value drops more. Or if the price doesn't recover in your forseen amount of time. Any correction is good any market to have balance but we're probably having too much of this |
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Well aside from real estate, which never really goes out of season, stocks and businesses like the food indistry can also reap pretty good rewards given the proper management.
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I don't think that might happen because Fiat Currency is very much used for international payments, so Fiat is very difficult to collapse.
If they keep printing money and keep devaluing their fiat currency, then yes certain fiat currencies will fall in my opinion. There is no other outcome, the situation won't be sustainable. Banks would have already forseen this and certain things would have been done by big bankers to keep their market afloat. And with such high powerful people running fiat, i don't think it'll be easy to put down. |
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in my opinion they will lose the money they have when prices fall when they sell the cryptocurrency they have because if they continue to hold the cryptocurrency they have then their assets will remain and no loss IF not sold at a very cheap price.
Not everyone. You basically lose money if you sell at a loss since you're removing all chances to recover. This is where volatility works in a positive way as well since there will still be up and down movements. A profit will be a profit no matter how small it is. |
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Binance continues to increase its influence on the crypto market. What is it working for you? Any complaints? I was really annoyed and annoyed with binance, recently I saw a lot of related issues such as logging in to the account very difficult, always appear IP address engraved login to the account I also appear to automatically buy coin and sell coin for long accounts not to log into binance. Recently there was a coin in the account transferred without confirmation of mail, I was really worried and pulled out of my property out of binance. The reason for the difficulty of entering the account is for your use without danger. If they don't, hacking accounts will be much easier. Already Binance is number 1 for now, because it isn't dangerous. I heard problem with Binance was the API problem 2 month ago, and they fix it. Yeah, been using binance as well for quite some time now and there's reason why it's one of the top exchanges out there. It's pretty secure which may be a bit inconvenient for others but i'd prefer it that way none the less. |
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Becoming obsessed to reclaim lost money from the same market is a very bad trading practice.
always Stay calm. Keep your cool. Be a robot! Dont trade with emotions.
Lol. Panic and you only not dig yourself deeper but you contribute to the falling market as well. This is one market where emotions are not needed and best ignored. |
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Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.
Well day trade requires time to garner enough experience to be efficient. And not everyone who has time also end up being good day traders. So hodling will always be an option |
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to be honest when the price falls me very difficult to make money because the movement will lose with traders panicked because they will sell their assets at low prices quickly.
Well dip moment are hard to make money as well i dont even have to experience make money for dip price that it has for , but for if the market drops and the coin that i have are not as well to drop for i think that it may ever have can make money too. you're right, it's very difficult to find a way to get profit when the market is down, however, some people think that the best way to get profit in the future is to buy coins that have the potential in the future at low prices. Well volatility still is in play in a red market, meaning that there still will be ups and downs that an efficient trader can take advantage of. Though it will be difficult of course and probably more experienced traders are the ones who can do this. |
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Long term trading is good for some sets of traders and for some, it's not good. Long term trading have advantages and disadvantages too. There are certain coins one will buy and will get delisted without one knowing. That's one dangers of long term trading.
Well of course you'd have to deal with pretty established coins when you go long term. Preferably those in the top 10. That way, for me, you'll have a better chance of getting positive results and profit. |
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
If you fully understand the cryptocurrency trading, you are fully know when is the best time to enter the cryptcurrency market. There are a lot of opportunities that you can get from investing your money in trading. Well if you go all in in this dip, there's a chance that it can go lower, and you may not be ready for how long you're going to hold. Buy in little amounts during dips. Average your gains and losses. |
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I'm not sure. It seems to me the big boys are keeping this down until they have regulations in place. I'm not sure when they will have the setup they want but I don't think we will move until then.
Everything is possible - you cannot know for sure if it happens or not. Anyhow, the largest part of the guys that use this forum is waiting for the rise of Bitcoin. Hope, these people are not mistaken, and it will happen. Well we all have our own beliefs and speculations though. So far, the last quarter of each year up to now has been when btc and the market makes a run. If everything will stay it's course, then there's still something to look forward to this year. |
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Im not afraid to hold my bitcoins until december 2018. Because I decided to hold my bitcoin for few years so I can wait few months from now to recover the market. Relax is better to us because if we calm we can pump bitcoin again and it will recover fastly.
Well it's already almost september and 4 more months to go til december 2018. We've held for pretty much most of the year now to why be afraid to hold for the remainder right? 😁 |
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I think now is a good time you can buy ethereum now, because now the price is also cheap, so you will also get more profits in the future because ethereum prices are increasing every day.
But can we really expect that ethereum will regain the former price? No one can say that for sure as well as understand whether the ethereum price is controlled by rich guys on exanches. Well i believe so. Eth is extremely cheap at below 300 usd and though it may take time, if you've been following crypto for a long time, you'll be excited about what the future would be for eth same as bitcoin. |
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I think it will be a big money to create a bitcoin casino especially if you want to promote your casino so it can reach more player to come to your site and play the games. you need to have many games in your site so you can attract more gamblers to play in your site but it's not guaranteed that you can get many players that will stay at your site. I don't know how much bitcoin that you should prepare to create the gambling site plus the promotion because it depends on what do you want on the gambling site.
It is a game of big investors, I do not think that is so easy to create your own casino and them run it so smoothly to make it a successful one. I think that for that you need to have a lot of money, may be countless. There are so many other necessary factors which are too much important for running a casino. yea, I think with big money, he can be able to make something that will different than the other casino and he can attract more gambler to visit on his gambling site and play the games. this is why that I am saying that maybe he needs much money to crease gambling site or to buy gambling site from other people because he needs to adjust the site so the site can look different than before and the gambler will stay for a long time. Well for starters you have to really spend on promotions and bonuses to attract initial customers and also on things that will really put a mark on these people since your first customers will likely be the ones to spread word and reviews. Im all you really would need to spend a lot. |
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I think it is neither a good or a bad idea when in convincing someone towards gambling, if he/she is open-minded up to it, then I don't think there is a bad thing there, but if you are convincing someone who's negative with gambling, then that's a bad idea.
I can consider it as a good idea because you do not know that in future that person can become so much addictive that would lose out his savings/house spoil the relationship as would need money to borrow to play games once the amount is lost by him etc. So you are saving them from all this. Convincing gamblers to enjoy the game means we want to change their mindset in regards to gambling. Yes, it can be useful if the person we convince is able to absorb what we expect. That can at least help them realize that gambling is not a place to make money. yes, but we need to take responsibilities if somehow that person becomes addicting in gambling so we need to help that person to get out from gambling. besides that, we need to always remind him to not playing gambling every day and always tell him to make a limit when he plays gambling. it is not good if, in the end, he will lose all of his money without any warning from us because we can lose him too as our friend. Well good luck if you can convince someone who's really into gambling to quit. It's probably a good idea to try if it's not doing the person any good but in the end, even with noble intentions, it's up to the gambler if they'll even consider your concern. |
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I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money.
Most of the casinos will have a maximum bet limit so even though you have an infinite amount, not sure you will win in the long run. Once you lose few times in a row that maximum bet than not sure how long you may need to roll to get back that money. So this method is only good for fun not to make money. Well i don't think there's actually any method that will work for you if you plan on making gambling your bread and butter. Gambling just isn't meant to be that way i think. And casinos won't let you beat them as well. |
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The price of bitcoin may still be fluctuating within this period. The trend may not increase steadily but may go down these few months. But the speculation is that bitcoin price will hit 25k USD before the third quarter of 2018.
Yes there is a huge chance that bitcoins will still grow even more before the year ends since most of the crypto analyst are expecting for the price of bitcoins to reach $50k dollars before the year ends. I don't think so. I mean there are analysts that believe btc can still achieve all time high this year but majority wouldn't count on it. It's not going to be the same as last year. |
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I think the price of cryptocurrency can all happen and it could be that the price of bitcoin in September experienced a price increase like last year because no one will know where the price of bitcoin is.
I price will go under $5800 we will know it hit bottom. But yes, we will not be sure at that time if that is the real bottom of the Bitcoin cycle or there will be another latter on. So all we will have to do is to wait for the bull market half year latter to confirm that bottom had happened. Eventually we will know. Same as we know right now that bottom of last Bitcoin cycle happened in January 2015. Well i'm quite positive that we've already bottomed out or at least the bottom this year would be close to 5.8 or 5.9k and not lower. Last year's amazing run i think started a slowly in sept so it could be thr other way around. |
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if I am stuck at an expensive price then I will still hold the assets that I have but if I still have trading capital then I will continue to trade and take advantage of the situation to get even a small profit.
Obviously all you can do when the market prices is dumping is to hold your coins in order to avoid losing a huge amount of your investments in this bearish market. Yes holding is the only way you can avoid making mistake but for those people who are panicking like new traders and investors they will sell their coins at the lowest price which will make them regret in the future. Lol. Holding isn't that simple as that though. Easy to say, hard to do. Holding efficiently would mean sometimes that you have to hold for months, even years to make profit. I don't think all those saying to hold is prepared for that |
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