Politics has taken over the order of the day. Most countries aren't actually concerned more about vaccinating it's citizens, their drive is towards making substantial lootings for their personal interest. I wouldn't be surprised if at the end of the whole vaccination 3/10 of the world population don't get this vaccines. We are actually living in a terrible society where no body cares any more. Every man is just concerned about how to utilize every single opportunity to make wealth and create fame.
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As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
Depending on when you bought your coin. Taking profit regularly as an option is the best investment strategy (Hodl). Now if you have a profit target there is no point allowing greed and emotions control you. Be deciplined enough to take profit before reconsidering reinvesting. You have to pay yourself first because the market can decide to make any move it so wishes and as such it's adviceable to always take profit by selling off some if it has done your profit target and then wait for a drop in price before reinvesting
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This coins has made 100% from the beginning of the year untill now. It's only for investors who bought this coins/tokens earlier than now that could adopt the hold strategy since the entered the game at a very low price still expecting the prices of this coins would still pump up taking the prices even higher although it's just a prediction and is open to correction
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Before investing in any crypto project learning about the project should be the first move it's regularly referred to as doing your own research. The crypto industry currently is dorminated by different abandoned projects and as such knowing about what a coin in will to tackle in the society and it's recent highs and all time lows would help every investor understand what project he/she is willing to invest in
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I first heard of Bitcoin in 2012 and neglected it. I had a comfirmation of it's increasing value in 2014 and still proved adamant. I finally gave it a thought in 2019 and bought my first coin in 2020. I waisted enough time because I didn't believe the system all along. There is no lateness in investment all the same . The goal is taking advantage of the opportunity while it last
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When I was a newbie in trading I traded retracements (correction moves) during trends. This most times got me too emotional and most of those times I ended up closing my trade with big losses. I recall blowing down accounts on several occasions which I had to shut down trading and went back to do more study for a week before entering a trade again
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Vitalik is a generous donor who had donate funds to the less privileges including convid-19 relief fund for India
So kind of him helping the less privileged with your funds should be the major drive. I think this should be a center for emulation so we can experience a wonderful world ahead. Crypto billionaires are popping up daily and more are yet to be made it's time to take advantage of the trend and make the best out of what the crypto space has to offer
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Higher volatility entails more trading volume. I only trade by 1pmGMT when the market volatility tends to be higher. By this time three sessions would be open at the same time making the market more volatile.
During Sydney sessions NZD and AUD pairs are always doing well with respect to the market trend and this session resumes by 9pm GMT but I hardly trade during this session
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News plays a major role in the value of any commodity. Doge coin like other asset might get to $1 with the level of investment it has received lately from Elon Musk and other top investors causing the market capitalization and volatility higher than it's previous high.
Although Doge is barely a meme coin but has lots of investors it would certainly break up to 1$ since it's not a stable coin and has such is bound to experience a change in price
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You just don't have to give up it's hurting after holding to a token for a long period of time only to find out it has been swapped to a different token. I still believe as an investor you would still do more investments but this time sticking to coin with reasonable projects would be the best idea so you can probably stay on the profiting end. Bear the loss my good friend
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Price action happens to answer your questions. This involves the movement of price over time. For price action traders candle stick formation means a whole lot because the market tends to repeat events of the past. And different candle stick tells different stories about the market. For a full candle stick formation we get signal either to go long or short meaning either a reversal or a continuation. For short candle stick with long wick we get a reversal signal telling us the market is about to start a new trend. Paying closer attention to this keeps you constantly bullish
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I once gambled my tuition fee and ended up losing the whole fortune. Life was so misreable for me at that point because the thought of repeating a session made me so dipressed and because I was scared to communicate this to my sponsors I had to face the reality of my actions. Although I learnt my lessons the hard way but I resolved in gambling with my spare Money
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Having a well structured risk management policy can save one from unnecessary stress from market analysis. If your analysis right neglet the behavioural attribute of the market most especially retracement moves all that is required of you as a trader is for you to set your stop limit then engage yourself with other profitable ventures
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We should always remember staying in profit remains the goal and as such Elon musk as a digital investor that he is has set out his target with manipulative approach to cause spikes that would increase his potential earnings. Investment is meant for those with the rich mindset. Follow the trend and neglet the masses. It's a good time to hood position and also a perfect time to buy more
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Bitcoin is an investment that if you understand it,you will reap well from it,now that the prices are falling is the best time to buy and save up the ones you have,
Bitcoin is not just an investment although it depends the angle you are tackling it from. But basically Bitcoin is a currency. A digital currency since it serves as means of exchange it can also be regarded as a legal tender because soonest the prices will increase by then you can sell if you want and make your profit
Buying low and selling high has always been the culture of every investor. Taking profit is what substantiate your investment. As a crypto investor knowing when to buy and when to sell will give you an edge over the market since it's always fluctuating due to the high volatility of the market in general. Having a good physiology and maintaining dicipline would keep you at a constant profit margin
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If on does his own research there would be no room for gambling since you would only invest in a project that has the potential to solving a problem. Investing in crypto like every other investment requires patience. Crypto isn't a Ponzi scheme or get rich quick program. It's a long term trend that has a high reward on investment ratio.
Going into crypto as an investor would entail a whole lot of studying accompanied with patience if profit must be maintained on a long term base
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Further corrections to the ones already given above: - Total privacy: This phrases aren't saved on electrum server and is only I have to you alone.
[/s] Your seed phrase isn't saved on Electrum servers either, and should also not be known by anyone other than you. Correction taken li]Total privacy: This phrase aren't saved on electrum server and is only unique to you alone.[/li] [/list]
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I see a lot of people here (especially newbies) get excited when the market is pumping and rejoice on the percentage increase in the coins they bought, but complain bitterly when they market turns bearish and their portfolio goes down. What most of them fail to realize is that, no matter the percentage increase a coin makes for you, it is not your profit or money yet until you take it off (take Profit). When investing in any coin, you should have a clear strategy, (i.e. an entry price and an exit price) and once the market reaches your exit price target, take a good percentage off to pay yourself, do not let greed set in. The market is very unpredictable and can turn on you anytime, but if you pay yourself, you won't have any regrets.
Having an investment plan is a pretty good idea. But for an investor it is expected that you make profit both from Bullish and bearish trend except you are only adding to the market capitalization thereby having plans of making profits from bullish trends alone. The structure still remains buy low and sell high. During bearish trends it's a perfect timing to buy more and wait for a reversal
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This could be a risky venture for persons who are still new to trading. You need to develop your trading skills before venturing into margin trading since it would only keep you in debt if the trade goes against your analysis. Leveraged trading is reserved for professional traders who can make consistent profit from the highly volatile market structure
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