In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading. 1.Don't trade based on your emotions,just concentrate on FOMO and FUD. 2.Only risk the amount which can be affordable for you or just don't enter into that trade. 3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent. 4.Don't day trade only if you don't understand it. More points about mistakes need to avoid are welcomed here for the newbie to learn. the first point was very useful because when you are losing your money while trading don't take it too personal it will affect the next trading and it makes you uncomfortable while choosing the best way of trading and also that the points are very important to follow.
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I think regrettable that Bitcoin cash will replace Bitcoin in the future (1-2 years), at least in price
Bch cash is an improved version of btc, and has 8mb blocks, in the future, if cryptos uses in day of day of real life, btc isn't optimized to make so transactions per second, and i'm afraid.
In general, bch may have been done with better intentions, but this turned into manipulation. when there are such movements around a project, it’s better to stick with it, because at one moment you can lose everything. is bitcoin cash will overtake the Bitcoin it is also a good thing If a currency developed in your market then the cloverfield will be more stronger and the competition between Bitcoin and some other cryptocurrency is needed in this stage show competition will make the Bitcoin more stronger.
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Crypto currency until now cannot be controlled by anyone, not even the head of state. therefore some countries cannot legalize the military currency in their countries. because the government cannot control the movements of this currency.
correct the Crypto market is not controlled by anyone but it will be maintained by the investors and the uses of the cryptocurrency if the government supports the future of Crypto will be takeover by them for a good development but still now no one take care of Crypto market.
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people make mistakes that must have been and not just one time, in my opinion people who dare to make mistakes are good, because they dare to try and make that mistake as a lesson and their motivation to be better.
Everyone is responsible for his mistake so blaming others will not give anything in return. Traders are human and emotions are part of human brain. Controlling emotions can lead to solve problems caused by mistakes. yes the mistake that made from our self will be definitely fault on our side don't be to some other to meet your defect it is all about our fault to make a mistake but commonly mistakes are easily happen it is a lesson also for changing our quality
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Following signal channels last year was what got me into the mess I am currently in and struggling to break out from. I don't believe in price prediction again. What happened to me last year made me believe that accurate price prediction in Cryptocurrency is not actually possible.
Being an investor we need some qualities and prediction is also be important otherwise we don't know how we are going to the next level so friction is always important but believing is very less to be a good investor.
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cannot predict exactly which coins will be the best in the future, the investors' beliefs will be considered as the best coins
Yes I cannot also predict which is the best for the future and all of your investment will be wasting in today situation underwear time and work also be very much wasted here.
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i'm selling all my altcoins so soon because they gain me some profit very fast. i don't wanna take a risk for holding my altcoins too long. i check the market very often to see if the market will give me profit or loss. if it gives me some profit, i will sell it immediately.
we all need money that's why we are invested in this script of field but the prophet was very low here then holding will not be a right way to move on that's why people will last seen their hope and send their investment baby but we need to think about that when we hold for long time the value will definitely grow up.
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I chose Mat Demon, I'm not sure he was a gambler with the achievements he had gotten in the US film industry. But we never have someone's personality and what he likes.
Yes I also think like that he had been in the film industry in such good place and also this achievement that to be appreciated but it is not in the gambling field he had lots of thoughts about being a good person then only he can made this place and gambling also a part.
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Yes it is a fact also but in one side we need to think about the cryptocurrency usage while Bitcoin at to be used by people at 2017 December you think which kind will be the best way of making money but into a situation gold is better than Bitcoin but gym with kind will be the best way of making money and saving for the future also.
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I always hope this bear market will recover one day as this has happened many times in the past and it always recovered at an unexpected time, just holding all of them, no regrets.
Yes it take sometimes to recover the current system of cryptocurrency market and it also not possible when people will not support this situation for making the normal value possible so we are the reason why cryptocurrency will fall.
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Well, I actually never thought much about it. I started to gamble on those sites about which I have heard here on the forum. Sinse that time I didn't switch too much from a site to site. So, I do not have any true strategy about finding of a scam gambling site.
That is right, this forum provide the best information one can actually get for good gambling site. If a gambling site is fake or scam we have many gamblers and good people here that do bring those sites into reality. The Gambler will not find the scams till she will be cheated by them then only we can understand that scam will cheating us but it happens in sometimes while we are also prevented before investing in a gambling the only thing that we have to do leave new and untrusted sites.
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In terms of returns what digital currencies do you predict are in the running for a podium finish in 2019?
Just be practical,you are not going to predict the coin which is going to have 10000% profits if others know about it they can be most richer person in this world by end of 2019.I don't know why guys were expecting this much of returns from crypto currencies when stock market gives about 20% profit per year and it will be considered as huge return as well. Based an technical analysis Crypto trading will be going on here so if anything will happen the profit always came for a trader while the price was always low but in this year the value will definitely increase and the people wants to make much more profits for the investment while trading at the end of the year it will definitely be happen and I hoping it will be work soon
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Now the mainstream currency, BTC-ETH, has the upper hand, and they have the strength and technology, but the future is likely to be a new project to replace them more mature and more comprehensive. What do you think it would be?
the times and technology always make the impact of something that has been changed more perfectly, of course with crypto currencies In future also cryptocurrency be the best way to make investment for all the type of people so it will be the most economic changing equipment for the future so all time best in the top position will always be there for Bitcoin to stay for long generation
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Of course yes. I think it's the unique thing which we can trust. These news with cryptopia doesn't make any influence on the whole market. Blockchain projects are still confident. I wish more people will start using them.
I'm also sure that we really have to trust the blockchain too, even though the blockchain is still down, but we just believe that something good will happen suddenly and make us happy not only temporarily. but the longer it will be more difficult, because in addition to the mental traders, fundamentally the current conditions do not support the development of a whole cryptospace, Its very bad to facing a market with this, maybe only some point that could be statment blockchin can be trust The experience the people are definitely say blockchain is the best way to make money and they don't have doubt about their investment still in this situation also but then you people are the big problem they invest some amount in an Crypto but they are get their investment very soon it will be the main problem going on here if it was reduced then the value will definitely grow again for all the Crypto.
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According to my experience, crypto is the only market with such a huge volatility. The higher the volatility, the higher the risk. There are basically 2 things you should do in order to earn profits through trading. 1. Buy low and Sell high 2. If you buy high and sell low then buy back at lower price and then sell at high again to make up for the losses. These are the 2 strategies which will help you survive in the long run.
The points you are mentioned here is absolutely true for a new people should follow for their first trading experience buying and selling is the most important thing for a trader to do buying very low and selling very high is all people cards to be improved for a trader but it is not an easy thing to do we need lots of experience for that.
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Some hot ICOs are doing pretty well even in this weak market. The bitorrent ICO on Binance today sold out in 15 minutes only so that is a good sign.
I am very happy that the number of trusted ICOs is constantly increasing. It means that the fake, fraud projects simply leave the market. Hopefully the confusions will be clear at this end of 2019 if it happened then all problems will be easily cleared but people also need to support the development of all cryptocurrency that they are invested and waiting to get the profit from that.
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This photo explains a lot! Why do traders prefer to live indicators instead of having clear charts in front of their eyes? Drawing lines to graphics should be a fun for newbies. Technical analysis requires easy,understandable logic behind charts. Yes This picture says how technical analysis will help for your new people to get more attached with the investment that someone invested in cryptocurrency field but there are some other qualities will also important but technically analysing think is the most important thing for a newbie to make his career more powerful.
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I stopped believing that my investments could bring me good returns. But it seems to me that now is a good time to invest in BTC ETH, LTC, Ripple.
But these altcoins are also profitable when you are doing your investment at the right time and make the sense of exchange factor to to the right time can you only alt coins will be useful for your investment.
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None of them i guess. I prefer ETH or EOS in long-term investment. But you should focus on altcoins like quark, nem, npxs, xov etc. I never recommend BTC or LTC.
But I prefer for investment is bitcoin so it can be not an impressive in this scenario that we are discussing about the cryptocurrency to be not good so how much be invested there is not a big matter but the holding is much more important.
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Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.
Sometimes trading is also went with wrong direction like gambling when you are not as doing it properly it will makes you more addictive than gambling so if you have the managing quality then you can change it easily but some people don't know how to get back from that so they need to train more.
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